Uponor
Encyclopedia
Uponor Corporation offers plumbing and indoor climate systems for the residential and commercial building markets. In the Nordic countries, Uponor also supplies infrastructure pipe systems. Uponor manufactures pipe of the PEX
material amongst many other items.
Uponor has operations in 30 countries, and 10 manufacturing facilities in five countries: Finland, Sweden, Germany, Spain and the United States. The corporation has about 3,300 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 vincity of the Helsinki airport.
Uponor’s business is divided into three regional organisations:
Uponor's customers include various building industry professionals, such as HPVAC installers and designers, architects, builders, property owners and developers as well as municipalities and public utility corporations.
and composite pipe systems are used for renovation and modernisation projects.
Of the shares, 23.7% are nominee-registered and in foreign ownership.
Jyri Luomakoski is Uponor’s president and CEO. Other Executive Committee members are Riitta Palomäki, CFO; Sebastian Bondestam, Executive Vice President, Supply Chain; Heiko Folgmann, Executive Vice President, Central and Eastern Europe; Fernando Roses, Executive Vice President. Europe North, South, & West; Robin Carlsson, Executive Vice President, Infrastructure solutions, and Anders Tollsten, Executive Vice President, Uponor North America.
PEX
Cross-linked polyethylene, commonly abbreviated PEX or XLPE, is a form of polyethylene with cross-links. It is formed into tubing, and is used predominantly in hydronic radiant heating systems, domestic water piping and insulation for high tension electrical cables...
material amongst many other items.
Uponor has operations in 30 countries, and 10 manufacturing facilities in five countries: Finland, Sweden, Germany, Spain and the United States. The corporation has about 3,300 employees .
Uponor Corporation's shares have been listed on the Helsinki Stock Exchange
Helsinki Stock Exchange
The Helsinki Stock Exchange is a stock exchange located in Helsinki, Finland. Since 3 September 2003 it has been part of OMX, referred to as OMX Helsinki . Since NASDAQ's acquisition of OMX in February 2008, the official name of the Helsinki exchange has been NASDAQ OMX Helsinki.- History :The...
, with ticker symbol UNR1V, since 6 June 1988. The company based in Finland
Finland
Finland , officially the Republic of Finland, is a Nordic country situated in the Fennoscandian region of Northern Europe. It is bordered by Sweden in the west, Norway in the north and Russia in the east, while Estonia lies to its south across the Gulf of Finland.Around 5.4 million people reside...
is a Mid Cap company.
The corporation's head office is in the city of Vantaa, in the vincity of the Helsinki airport.
Business
Uponor’s business comprises three product groups:- Indoor climate solutions (heating, cooling, and ventilation) (26%)
- Plumbing solutions (54%)
- Infrastructure solutions (20%)
Uponor’s business is divided into three regional organisations:
- Building solutions, Europe
- Building solutions, North America
- Infrastructure solutions
Uponor's customers include various building industry professionals, such as HPVAC installers and designers, architects, builders, property owners and developers as well as municipalities and public utility corporations.
Indoor climate systems
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 PEXPEX
Cross-linked polyethylene, commonly abbreviated PEX or XLPE, is a form of polyethylene with cross-links. It is formed into tubing, and is used predominantly in hydronic radiant heating systems, domestic water piping and insulation for high tension electrical cables...
and composite pipe systems are used for renovation and modernisation projects.
Infrastructure solutions
Uponor's infrastructure solutions facilitate the transport of clean water and sewage in both urban and rural areas.Ownership
Uponor Corporation’s major registered shareholders (31.12.2009):- Oras Invest Ltd (investment company of the Paasikivi family) (22.64%)
- Varma Mutual Pension Insurance Company (7.05%)
- Mandatum Life Insurance Company Limited (2.16%)
- Tapiola Mutual Pension Insurance Company (1.85%)
- Ilmarinen Mutual Pension Insurance Company (1.84%)
Of the shares, 23.7% are nominee-registered and in foreign ownership.
Governance
The Uponor Board of Directors: Jari Paasikivi, Chairman of the Board; Aimo Rajahalme, Deputy Chairman of the Board; and members Jorma Eloranta, Anne-Christine Silfverstolpe Nordin, and Rainer S. Simon.Jyri Luomakoski is Uponor’s president and CEO. Other Executive Committee members are Riitta Palomäki, CFO; Sebastian Bondestam, Executive Vice President, Supply Chain; Heiko Folgmann, Executive Vice President, Central and Eastern Europe; Fernando Roses, Executive Vice President. Europe North, South, & West; Robin Carlsson, Executive Vice President, Infrastructure solutions, and Anders Tollsten, Executive Vice President, Uponor North America.