Group structure
Tecnomen Corporation is a public limited company that is registered and domiciled in Finland. Tecnomen Group comprises Tecnomen Corporation (hereinafter referred to as Tecnomen) and its subsidiaries. Tecnomen’s main subsidiaries are Tecnomen Ltd Ireland, Tecnomen Sistemas de Telecommunicacao Ltda Brazil, Tecnomen (M) Sdn Bhd Malaysia and Tecnomen GmbH Germany.
Ultimate responsibility for the Group’s administration and operations lies with Tecnomen’s statutory governing bodies, namely the General Meeting convened by shareholders, the Board of Directors, and the President and Chief Executive Officer. The President and CEO is assisted by the Group’s Management Board.
Corporate management consists of the President and CEO, the members of the Management Board, and the managers and experts responsible for other corporate management duties.
The Group’s parent company Tecnomen 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
Tecnomen Corporation complies in its administration and decision-making with Finnish Companies Act, Finnish Securities Market Act and other regulations concerning publicly traded companies as well as the company's Articles of Association.
The company also complies with the Corporate Governance Recommendations for publicly listed companies which are published jointly by OMX Nordic Exchange Helsinki Oy, the Central Chamber of Commerce of Finland and the Confederation of Finnish Industry and Employers. Deviations from the Corporate Governance recommendations are explained in each case separately.
Further, the company complies with the insider regulations of OMX Nordic Exchange Helsinki Oy, the Central Chamber of Commerce of Finland, and the Confederation of Finnish Industry and Employers.