Uponor

Uponor Oyj
Type Julkinen osakeyhtiö
Traded as OMXUNR1V
Industry Building materials
Founded 1982
Headquarters Vantaa, Finland
Key people Jyri Luomakoski (President and CEO), Jari Paasikivi (Chairman)
Products HVAC and plumbing systems
Revenue 749.2 million (2010)[1]
Operating income €52.4 million (2010)[1]
Profit €24.7 million (2010)[1]
Total assets €497.2 million (end 2010)[1]
Total equity €252.1 million (end 2010)[1]
Employees 3,200 (FTE, end 2010)[1]
Website www.uponor.com

Uponor Corporation offers plumbing and indoor climate systems for the residential and commercial building markets. In the Nordic countries, Uponor also supplies infrastructure pipe systems. Uponor manufactures pipe of the PEX material amongst many other items.

Uponor has operations in 30 countries, and 10 manufacturing facilities in five countries: Finland, Sweden, Germany, Spain and the United States. The corporation has about 3,300 employees .[2]

Uponor Corporation's shares have been listed on the Helsinki Stock Exchange, with ticker symbol UNR1V, since 6 June 1988. The company based in Finland is a Mid Cap company.

The corporation's head office is in the city of Vantaa, in the vincity of the Helsinki airport.

Contents

Business

Uponor’s business comprises three product groups:

Uponor’s business is divided into three regional organisations:

Uponor's customers include various building industry professionals, such as HPVAC installers and designers, architects, builders, property owners and developers as well as municipalities and public utility corporations.[2]

Indoor climate systems

Uponor's indoor climate offering includes integrated radiant heating, cooling and ventilation solutions, which are suitable for commercial buildings, offices and homes - in both new-build and renovation applications. [2]

Plumbing systems

Uponor's portfolio includes water pipes used in buildings, including potable water and radiator connection pipes. Uponor's PEX and composite pipe systems are used for renovation and modernisation projects.[2]

Infrastructure solutions

Uponor's infrastructure solutions facilitate the transport of clean water and sewage in both urban and rural areas.

Ownership

Uponor Corporation’s major registered shareholders (31.12.2009):[2]

  1. Oras Invest Ltd (investment company of the Paasikivi family) (22.64%)
  2. Varma Mutual Pension Insurance Company (7.05%)
  3. Mandatum Life Insurance Company Limited (2.16%)
  4. Tapiola Mutual Pension Insurance Company (1.85%)
  5. Ilmarinen Mutual Pension Insurance Company (1.84%)

Of the shares, 23.7% are nominee-registered and in foreign ownership.

Governance

The Uponor Board of Directors: Jari Paasikivi, Chairman of the Board; Aimo Rajahalme, Deputy Chairman of the Board; and members Jorma Eloranta, Anne-Christine Silfverstolpe Nordin, and Rainer S. Simon.

Jyri Luomakoski is Uponor’s president and CEO. Other Executive Committee members are Riitta Palomäki, CFO; Sebastian Bondestam, Executive Vice President, Supply Chain; Heiko Folgmann, Executive Vice President, Central and Eastern Europe; Fernando Roses, Executive Vice President. Europe North, South, & West; Robin Carlsson, Executive Vice President, Infrastructure solutions, and Anders Tollsten, Executive Vice President, Uponor North America.

References

External links