Aalto University Group owns several business enterprises either directly or through its holding company.
The foundation and its subsidiaries comprise the Aalto University Group. In accordance with Section 63 of the Universities Act, the leadership of the university group consists of the Aalto University Board and the President of the university. The university group management is responsible for directing the university group and for organising the supervision of the university group while the operative management of each individual subsidiary is responsible for the day-to-day activities.
The Aalto University Foundation also has 20–50% shareholdings in affiliated companies.
Aalto University Foundation properties
Properties owned by the Foundation are divided into 27 mutual real estate companies. In addition, the Foundation owns a service company responsible for renting and maintenance of the properties as well as related support functions.
Aalto University Campus & Real Estate (aaltocre.fi)
Aalto Holding Ltd.
Aalto Holding is a wholly owned subsidiary of the Aalto University Foundation and manages the foundation’s holdings in its subsidiaries and affiliates. The activities of these subsidiaries are typically linked to leveraging and promoting the research-based know-how and expertise of the university faculty in production or other business activities. The companies offer training and research services and R&D consultancy.
Aalto Holding Ltd.
Business ID: 1094018-6
Visiting address: Otakaari 24, 02150 ESPOO
PO Box 18000, FI-00076 AALTO
Hemmo Rissanen, CEO
hemmo.rissanen [at] aalto [dot] fi, tel. +358 50 384 1771
Aalto Holding’s subsidiaries
- Aalto University Executive Education
Aalto Holding’s largest subsidiary is Aalto University Executive Education Ltd. (Aalto EE), which provides a wide range of high-quality executive education services drawing on the expertise of Aalto University and a network of international partners. In addition to programmes in Finland, Aalto EE offers programmes all over the world. Aalto EE has two subsidiaries: Finva Oy and Aalto Executive Academy Pte Ltd in Singapore.
Aalto University Executive Education (aaltoee.fi)
- Sannäs Manor
Aalto Holding also owns Sannäsin Kartano Oy, that runs a full-service conference hotel in Sannäs Manor in Porvoo. The hotel has 87 double rooms and meeting rooms and training facilities for groups of 10 to 120 people. Sannäs also offers restaurant services in the historical manor house restaurant, ambient sauna facilities and versatile recreational activities.
Sannäs Manor (sannasinkartano.fi)
- Otahalli Oy
The company maintains Otahalli, a sports and events centre in Otaniemi. The sports facilities and events there are managed by UniSport, which serves staff and students of Aalto University and the University of Helsinki.
- As Oy Helsingin Eteläinen Hesperiankatu 4
The Aalto University Foundation has a minority holding in this residential building in central Helsinki, where it owns a number of flats for visiting researchers.
- Kiinteistö Oy Helsingin Pohjoinen Hesperiankatu 23A
The Aalto University Foundation and the University of Helsinki jointly own a real estate company in central Helsinki , known as Töölö Towers, which provides short-term accommodation (up to six months) mainly for foreign visiting researchers. The facilities are managed by Unihome, a unit of the University of Helsinki that manages also other similar accommodation services.
Aalto Holding’s affiliates
- Unigrafia Oy
Aalto Holding also has a 31% holding in Unigrafia Oy, which provides printing and publishing services, primarily to Aalto University, University of Helsinki, University of the Arts Helsinki, and Haaga-Helia UAS.
Aalto Holding has a 19.6% share in Funidata Oy, a company constructing a national core system for teaching and studies at universities.