Administration practice
VK-Electric Oy is a limited company registered in Finland and we operate in accordance with the Finnish Companies Act and our own corporate by-laws. The responsibility of the administration and the management of the company are divided between the General Meeting, the Board of Directors and the Managing Director.
At the General Meeting shareholders participate in the decision-making concerning VK-Electric’s administration and management. The General Meeting is normally summoned by the Board of Directors.
A General Meeting is also summoned if the company’s auditors, or its shareholders representing at least 10% of the outstanding shares, make a written request.