Uponor

Uponor Oyj

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Type	Julkinen osakeyhtiö
Traded as	OMX: UNR1V
Industry	Building materials
Founded	1982
Headquarters	Vantaa, Finland
Key people	Jyri Luomakoski (President and CEO), Jorma Eloranta (Chairman)
Products	HVAC and plumbing systems
Revenue	€1,050.8 million (2015)
Operating income	€71.4 million (2015)
Number of employees	3,700 (2015)
Website	www.uponor.com

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Uponor manhole cover in Uppsala

Uponor Corporation is a leading international provider of systems and solutions for safe drinking water delivery, energy-efficient radiant heating and cooling, and reliable infrastructure. Uponor manufactures pipe of the PEX material amongst many other items.

Uponor has operations in 30 countries, and sells its products in close to 100 countries through local service partners. The corporation has approximately 3,700 employees.

Uponor Corporation's shares have been listed on the Helsinki Stock Exchange, with ticker symbol UNR1V, since 6 June 1988. The company based in Finland is a Mid Cap company.

The corporation's head office is in the city of Vantaa, in the vicinity of the Helsinki airport.

Business

Uponor’s business consists of three product groups:

• Indoor climate solutions (heating, cooling, and ventilation) (25%)
• Plumbing solutions (45%)
• Infrastructure solutions (30%)

Uponor’s business is divided into three business segments:

• Building Solutions - Europe
• Building Solutions - North America
• Uponor Infra

Uponor's customers include various building industry professionals, such as distributors and installers, designers, architects, project developers and other construction sector service providers.

Indoor climate solutions

Uponor's indoor climate offering includes integrated radiant heating, cooling and ventilation solutions, which are suitable for commercial buildings, offices and homes - in both new-build and renovation applications.

Plumbing systems

Uponor's portfolio includes water pipes used in buildings, including potable water and radiator connection pipes. Uponor's PEX and composite pipe systems are used for renovation and modernisation projects.

Infrastructure solutions

Uponor Infra is the result of a recent merger between Uponor Infrastructure solutions and KWH Pipe with the goal of facilitating the transport of clean water and sewage in both urban and rural areas. This division has production plants in Europe, North America, South East Asia, developing and manufacturing plastic pipe systems for the distribution of water, drainage, energy, electricity, telecommunications and data.

Ownership

Uponor Corporation’s major registered shareholders (31.12.2015):

1. Oras Invest Ltd (investment company of the Paasikivi family) (22.6%)
2. Varma Mutual Pension Insurance Company (5.3%)
3. Nordea Nordic Small Cap Fund (4.1%)
4. Ilmarinen Mutual Pension Insurance Company (2.7%)
5. Nordea Suomi (1%)

Of the total shareholding, 31.5% are in foreign ownership.

Governance

The Uponor Board of Directors: Jorma Eloranta, Chairman of the Board (Chair of the Personnel and Remuneration Committee); Annika Paasikivi, Deputy Chair of the Board (Member of the Audit Committee, Member of the Personnel and Remuneration Committee); and members: Timo Ihamuotila (Chair of the Audit Committee); Eva Nygren; Markus Lengauer (Member of the Audit Committee); and Jari Rosendal (Member of the Audit Committee).

The Uponor Executive Committee: Jyri Luomakoski is Uponor’s President and CEO. Other Executive Committee members are Riitta Palomäki, CFO; Sebastian Bondestam, President, Uponor Infra; Jan Peter Tewes, Executive Vice President, Building Solutions - Europe; Bill Gray, President, Uponor North America; Fernando Roses, Executive Vice President, Technology and Corporate Development; and Minna Schrey-Hyppänen, Executive Vice President, Human Resources.

External links

• Official website