Erkki Olavi Etola
Chief Executive Officer at Etra Oy
Net worth: 321 M $ as of 31/03/2024
Profile
Erkki Olavi Etola is the founder of Etola Group Oy, which was founded in 1974.
He holds the title of Managing Director at Etola Group Oy since 2011.
Mr. Etola is currently the Chairman of Etola Oy since 1974 and the Managing Director of Etra Oy.
He previously served as the Vice Chairman of Stockmann Oyj ABP from 1981 to 2012.
Mr. Etola also held positions as a Director-Supervisory Board at Keskinäinen Työeläkevakuutusyhtiö Varma and as a Director at K-Develop Oy.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
ORION OYJ CLASS A
7.52% | 28/02/2023 | 2,500,000 ( 7.52% ) | 93 M $ | 31/03/2024 |
INCAP OYJ
22.55% | 30/09/2023 | 6,636,665 ( 22.55% ) | 66 M $ | 31/03/2024 |
SUOMINEN OYJ
24.74% | 29/02/2024 | 14,414,000 ( 24.74% ) | 44 M $ | 31/03/2024 |
METSA BOARD OYJ CLASS B
1.63% | 31/01/2024 | 5,250,000 ( 1.63% ) | 40 M $ | 31/03/2024 |
KEMIRA OYJ
0.64% | 31/12/2023 | 1,000,000 ( 0.64% ) | 19 M $ | 31/03/2024 |
ORION OYJ CLASS B
0.30% | 28/02/2023 | 325,000 ( 0.30% ) | 12 M $ | 31/03/2024 |
METSO CORPORATION
0.12% | 31/03/2023 | 1,000,000 ( 0.12% ) | 12 M $ | 31/03/2024 |
ALANDSBANKEN ABP CLASS B
2.54% | 31/12/2022 | 225,000 ( 2.54% ) | 9 M $ | 31/03/2024 |
OUTOKUMPU OYJ
0.42% | 04/03/2024 | 1,900,000 ( 0.42% ) | 8 M $ | 31/03/2024 |
MARIMEKKO OYJ
1.23% | 28/02/2023 | 500,000 ( 1.23% ) | 7 M $ | 31/03/2024 |
ATRIA OYJ CLASS A
3.28% | 29/02/2024 | 625,000 ( 3.28% ) | 7 M $ | 31/03/2024 |
HKSCAN OYJ CLASS A
2.67% | 31/07/2023 | 2,500,000 ( 2.67% ) | 2 M $ | 31/03/2024 |
SANOMA OYJ
0.12% | 29/02/2024 | 200,000 ( 0.12% ) | 1 M $ | 31/03/2024 |
CAPMAN OYJ CLASS B
0.23% | 29/02/2024 | 400,000 ( 0.23% ) | 836 352 $ | 31/03/2024 |
GOFORE PLC
0.12% | 27/12/2023 | 19,259 ( 0.12% ) | 445 114 $ | 31/03/2024 |
EXEL COMPOSITES OYJ
0.84% | 31/08/2023 | 100,000 ( 0.84% ) | 226 800 $ | 31/03/2024 |
SITOWISE GROUP OYJ
0.20% | 31/01/2024 | 70,000 ( 0.20% ) | 214 704 $ | 31/03/2024 |
| 30/09/2023 | 75,000 ( 0.19% ) | 84 240 $ | 31/03/2024 |
Erkki Olavi Etola active positions
| Companies | Position | Start |
|---|---|---|
Etra Oy
 Etra Oy Wholesale DistributorsDistribution Services Part of Etola Oy, Etra Oy is a Finnish company that provides industrial products as a service. Based in Helsinki, Finland, the private company aims to help its customers succeed in their own businesses by offering a range of 300,000 ready-made product names and customized products tailored to their needs. Etra keeps the machinery of the Finnish industry running smoothly. The CEO of the company is Erkki Olavi Etola. | Chief Executive Officer | 19/05/2010 |
Etola Oy
 Etola Oy Industrial MachineryProducer Manufacturing Etola Oy engages in manufacturing and marketing industrial products. Its principal areas of business of the Group are industrial rubbers, plastics and tapes, wire products, occupational safety products, seals, fasteners and hydraulics. The firm consists of companies that co-operatively import, manufacture, and market industrial products. Its business also includes retail of home products, selling boating equipment, and delivering materials for the building industry. The company was founded in 1932 by Johan August Etholén and is headquartered in Helsinki, Finland. | Chairman | 01/01/2016 |
Etola Group Oy
 Etola Group Oy Industrial MachineryProducer Manufacturing Etola Group Oy offers machinery distribution services. The company was founded on August 16, 1974 by Erkki Olavi Etola and is headquartered in Helsinki, Finland. | Founder | 24/12/2010 |
Former positions of Erkki Olavi Etola
| Companies | Position | End |
|---|---|---|
| LINDEX GROUP OYJ | Director/Board Member | 15/03/2012 |
Keskinäinen Työeläkevakuutusyhtiö Varma
 Keskinäinen Työeläkevakuutusyhtiö Varma Investment ManagersFinance Keskinäinen Työeläkevakuutusyhtiö Varma (Varma) is an independent pension fund management firm headquartered in Helsinki, Finland. The firm was founded in 1998 when Pension Sampo and parts of Pension Varma merged. Formerly known as Varma-Sampo, they changed their name to Varma in 2003 to emphasize their role as an earnings-related pension insurer and acknowledge their Finnish roots. Varma is responsible for the occupational pension security of various employees in the private sector. The firm is a socially responsible investor and signatory to the UN Principles for Responsible Investment (UN PRI). | Director/Board Member | - |
K-Develop Oy
 K-Develop Oy Financial ConglomeratesFinance K-Develop Oy buys, holds, and develops small and middle-sized technology companies. The company was founded on April 3, 2008 and is headquartered in Vantaa, Finland. | Director/Board Member | - |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 1 |
|---|---|
| LINDEX GROUP OYJ | Retail Trade |
| Private companies | 5 |
|---|---|
Keskinäinen Työeläkevakuutusyhtiö Varma
Keskinäinen Työeläkevakuutusyhtiö Varma Investment ManagersFinance Keskinäinen Työeläkevakuutusyhtiö Varma (Varma) is an independent pension fund management firm headquartered in Helsinki, Finland. The firm was founded in 1998 when Pension Sampo and parts of Pension Varma merged. Formerly known as Varma-Sampo, they changed their name to Varma in 2003 to emphasize their role as an earnings-related pension insurer and acknowledge their Finnish roots. Varma is responsible for the occupational pension security of various employees in the private sector. The firm is a socially responsible investor and signatory to the UN Principles for Responsible Investment (UN PRI). | Finance |
Etola Oy
Etola Oy Industrial MachineryProducer Manufacturing Etola Oy engages in manufacturing and marketing industrial products. Its principal areas of business of the Group are industrial rubbers, plastics and tapes, wire products, occupational safety products, seals, fasteners and hydraulics. The firm consists of companies that co-operatively import, manufacture, and market industrial products. Its business also includes retail of home products, selling boating equipment, and delivering materials for the building industry. The company was founded in 1932 by Johan August Etholén and is headquartered in Helsinki, Finland. | Producer Manufacturing |
Etola Group Oy
Etola Group Oy Industrial MachineryProducer Manufacturing Etola Group Oy offers machinery distribution services. The company was founded on August 16, 1974 by Erkki Olavi Etola and is headquartered in Helsinki, Finland. | Producer Manufacturing |
K-Develop Oy
K-Develop Oy Financial ConglomeratesFinance K-Develop Oy buys, holds, and develops small and middle-sized technology companies. The company was founded on April 3, 2008 and is headquartered in Vantaa, Finland. | Finance |
Etra Oy
Etra Oy Wholesale DistributorsDistribution Services Part of Etola Oy, Etra Oy is a Finnish company that provides industrial products as a service. Based in Helsinki, Finland, the private company aims to help its customers succeed in their own businesses by offering a range of 300,000 ready-made product names and customized products tailored to their needs. Etra keeps the machinery of the Finnish industry running smoothly. The CEO of the company is Erkki Olavi Etola. | Distribution Services |
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