Corporate Governance


Group structure

Tecnotree Corporation is a Finnish Public Limited Company. The responsibilities and obligations of the Corporate management are based on the Finnish legislation. Tecnotree Group comprises Tecnotree Corporation and its subsidiaries. The company is registered and domiciled in Espoo Finland.

Ultimate responsibility for the Group’s administration and operations lies with Tecnotree's statutory governing bodies, namely the General Meeting convened by shareholders, the Board of Directors, and Chief Executive Officer. The CEO is assisted by the Group’s Management Board.

Corporate management consists of the CEO, the members of the Management Board, and the managers and experts responsible for other corporate management duties.

The Group’s parent company Tecnotree Corporation is responsible for the Group’s administration, strategic planning, finance, financing and investor relations, and provides corporate services for the operational business units.

Applied laws and regulations

Tecnotree follows the Finnish Corporate Governance Code 2020 for listed companies. Tecnotree follows all the recommendations of the Corporate Governance Code. This statement has been prepared in accordance with the Finnish Corporate Governance Code and it has been given separately from the Report of the Board of Directors. The Finnish Corporate Governance Code is available at This statement can be found at Tecnotree’ s website and in Tecnotree’ s Annual Report for 2020.

Further, the company complies with the insider regulations of the NASDAQ Helsinki Ltd.