Meriaura Group Oyj Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Jussi Malkia

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	1.8yrs
Board average tenure	1.5yrs

Recent management updates

Recent updates

CEO

Jussi Malkia (62 yo)

less than a year

Tenure

Mr. Jussi Mälkiä is Member of the Board of Savosolar Oyj from 2022 and serves as its Chairman of the Board since May 2023. He was Chairman of the Board of Meriaura Group Oyj since May 2023 until October 1,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jussi Malkia	Chief Executive Officer	less than a year	no data	no data
Heikki Timonen	Chief Financial Officer	5.6yrs	no data	no data
Antti Lilleberg	Chief Executive Officer of Meriaura Energy & Rasol Oy	1.8yrs	no data	no data
Bengt-Erik Rosin	Managing Director of Meriaura Oy	no data	no data	no data

1.8yrs

Average Tenure

58yo

Average Age

Experienced Management: MERIH's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Jari Varjotie	Director	1.5yrs	no data	no data
Kati Ihamäki	Independent Director	1.5yrs	no data	no data
Feodor Aminoff	Independent Director	1.5yrs	no data	no data
Antti Vehvilainen	Chairman of Board	less than a year	no data	no data
Patrik Rautaheimo	Director	less than a year	no data	no data
Ville Jussila	Director	1.9yrs	no data	no data

1.5yrs

Average Tenure

56yo

Average Age

Experienced Board: MERIH's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.

Meriaura Group Oyj Management

Management criteria checks 0/4

Key information

Recent management updates

Meriaura Group Oyj Announces CEO Changes

Meriaura Group Oyj, Annual General Meeting, May 03, 2024

Meriaura Group Oyj Announces the Resignation of Timi Hyppänen from the Board of Directors

Savosolar Oyj Elects New Members of the Board of Directors

Less than half of directors are independent

Insufficient new directors

Recent updates

Forecast breakeven date pushed back to 2025

New major risk - Share price stability

First half 2024 earnings released: EPS: €0 (vs €0.001 loss in 1H 2023)

Meriaura Group Oyj Announces CEO Changes

Meriaura Invest Ltd agreed to acquire an unknown minority stake in Meriaura Group Oyj.

Full year 2023 earnings released: EPS: €0 (vs €0.009 loss in FY 2022)

Meriaura Group Oyj, Annual General Meeting, May 03, 2024

Meriaura Group Oyj (OM:MERIS) Signed an agreement to acquire Rasol Oy for €3.920 million.

New major risk - Share price stability

Meriaura Group Oyj Announces the Resignation of Timi Hyppänen from the Board of Directors

First half 2023 earnings released: €0.001 loss per share (vs €0.014 loss in 1H 2022)

Now 20% undervalued

Now 20% undervalued

Now 22% undervalued

Savosolar Oyj Elects New Members of the Board of Directors

Now 23% undervalued after recent price drop

Full year 2022 earnings released: €0.019 loss per share (vs €0.066 loss in FY 2021)

Savosolar Oyj to Report Q1, 2023 Results on May 08, 2023

Less than half of directors are independent

Savosolar Oyj (OM:SAVOS) signed a conditional share exchange agreement to acquire Meriaura Oy and the business of Vg Ecofuel Oy from Jussi Mälkiä, Vg Ecofuel Oy and others.

First half 2022 earnings released: €0.014 loss per share (vs €0.058 loss in 1H 2021)

Insufficient new directors

Full year 2021 earnings released: €0.066 loss per share (vs €0.16 loss in FY 2020)

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Insufficient new directors

First half 2021 earnings released: €0.058 loss per share (vs €0.13 loss in 1H 2020)

Savosolar Hands over Solar Heating Plant in Issoudun, France

Full year 2020 earnings released: €0.16 loss per share (vs €0.58 loss in FY 2019)

Savosolar Oyj to Report First Half, 2021 Results on Aug 19, 2021

Savosolar Has Enters into Settlement Agreement with Sunti Sas

Savosolar Signs Delivery Contract for A Solar Thermal System to AbSOLAR in Cadaujac, France

Savosolar to Deliver the Large Solar Thermal Plant in Finland to Etelä-Savon Energia, Mikkeli

Savosolar Plc Signs Agreement with newHeat SAS on Delivery of Solar Heating Plant for Pons, France

Savosolar Hands over Solar District Heating Plant in Ettenheim, Germany

Savosolar Oyj Signs A Contract with Eko Ekon for Sales and Delivery of Large Scale Solar Heating Plants in Poland

Savosolar Oyj to Report Nine Months, 2020 Results on Oct 26, 2020

Savosolar Oyj Decides to Lay Off 21 People on A Part-Time or Full-Time Basis for A Maximum of 90 Days

Savosolar Oyj to Layoff of about 25 People on a Part-Time or Full-Time Basis for a Maximum of 90 Days, Using a Five Days Negotiation Period

Earnings released

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age