Sustainable financial operation provides additional value to interested parties

The financial responsibility of Vapo is based on profitable operations and developing competitiveness in the long term. Sustainable financial operations also provides added value for interested parties. Due to the nature of Vapo's operations, financial effects are primarily local.

Vapo and its partners operate, employ and pay taxes in around 120 Finnish municipalities and in around 100 municipalities in other countries in the Baltic Sea region. The local nature of Vapo's operations is reflected in its external purchases and services as well as salaries relative to turnover in all its operating countries. The majority of the company's purchases and services are obtained from local sources. The employment effect of the operations is felt both in towns and in sparsely populated areas. Especially in the sparsely populated areas, Vapo is often a very significant local employer.

 

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