Valkean Electric
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Public | |
Traded as | VLSE: VEC |
Industry | Conglomerate |
Headquarters | Källalivi , Valkea |
Products |
|
Revenue | $92.02 billion (2019) |
$1.47 billion (2019) | |
$1.28 billion (2019) | |
Owner |
|
Number of employees | 168,500 (2019) |
Website | valkeanelectric.com |
Valkean Electric Oyj is a Valkean multinational conglomerate headquartered in Källalivi, Valkea. It was first created under the Vuotola administration with the task of developing electric infrastructure in Valkea in the 1930s. Since then, it has expanded from electric power generation and distribution to other segments including electronics, renewable energy, software, and telecommunications.
Valkean Electric is one of the largest companies in Valkea in terms of gross revenue. The Valkean government is the single largest owner of the company, holding 32% in equity.