Valkean Electric

Valkean Electric Corporation Oyj

Type	Public
Traded as	VLSE: VEC
Industry	Conglomerate
Headquarters	Våren Livet , Valkea
Products	electrical distribution electronics energy generation lighting renewable energy distribution software telecommunications
Revenue	$92.02 billion (2019)
Operating income	$1.47 billion (2019)
Net income	$1.28 billion (2019)
Owner	Republic of Valkea - 32% AVS Financial - 9% Public float - 51% Others - 8%
Number of employees	168,500 (2019)

Valkean Electric Corporation Oyj is a Valkean multinational conglomerate headquartered in Våren Livet, 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.