Board of Directors

President and CEO

Management team


General meetings

Articles of association


Savo-Solar organizes its administration in accordance with the Finnish Limited Liability Companies Act. According to the Act, the administration is divided between the General Meeting of shareholders, the Board of Directors and the President and CEO. Shareholders exercise their rights primarily in the General Meeting of shareholders that is usually convened by the company's Board of Directors. A General Meeting of shareholders must also be convened if requested in writing by the company's auditor or a group of shareholders whose total number of shares constitutes at least one-tenth of the number of shares issued by the company that are not in the company's possession.

The company does not follow the recommendations of the Corporate Governance Code for Finnish listed companies because the company does not deem it expedient in view of the company's size and its scope of business.


Board of Directors


The tasks and responsibilities of the Board of Directors of Savo-Solar are determined by the Finnish Limited Liability Companies Act and other applicable legislation, according to which the administration of the company and the appropriate organization of its operation shall be arranged by the Board of Directors. The Board of Directors is also responsible for the appropriate organizing of the company's accounting and of the control of its asset management. In addition, the Board of Directors' task is to promote the good of the company and all its shareholders by planning the company's business operations in a way that produces the best possible return on capital invested in the company in the long term.

Members of the company's Board of Directors

Feodor Aminoff

born in 1969, Civil Engineer (Industrial Economics),
Chairman of the Board since May 2013.
Feodor Aminoff has worked as CEO of Cleantech Invest Oyj in 2013-2014. Before this he has worked as the CEO of Please User Experience Design Oy during 2005–2009, in Sanitec Oy's IDO-group management group with responsibility for development of information management and business processes during 2000–2009 and as project manager at KCI Konecranes Oyj during 1994–1999. In addition, Feodor Aminoff has worked among other things as deputy member and member of the Board in Veho Group Oy since 1996 and as founding member on the Board of Finnish Business Angels Network (FIBAN) during 2010–2012.

Christof Gey

born in 1964, M.Sc. (Mechanics),
Member of the Board since May 2016.

Christof Gey works for Solarstation SVS GmbH as consultant and with import and retail in the solar and heating market internationally with customers among other places in China (Linou-Ritter), USA (Ferro, MP-Tec), Canada (Enerworks), (ClimateWell) and Germany (Vaillant, Solvis Energiesysteme GmbH, NARVA Lichtquellen GmbH etc). In 1999 he founded GeySol and acted as CEO until 2004, manufacturing and selling solar collectors. During 1995-1999 he worked for Erwin Maier GmbH, a heating constructor and 1993-1995 as engineer at Ing. Büro geTec. the Middle East, Spain (Consolar), Poland, Sweden.

Håkan Knuttson

born in 1963, M.Sc. Industrial Engineering and Management, 
Member of the Board since March 2017.

Håkan Knutsson acts as Managing Director of Indepro AB supplying entrepreneurial services to cleantech companies and management consulting to energy companies. He has a background as Managing Director/General Manager of Arca Systems Scandinavia, Sani Maskiner and Sustainable Business Hub Scandinavia AB and he has also worked in sales and marketing for ABB in Sweden, Brazil, South Africa and Venezuela and for Qualitrol Corporation in the USA. He is the Chairman of the Board of Swedish Council for District Heating (Sweheat).

Sami Tuhkanen

born in 1973, M.Sc. (Technical Physics),
Member of the Board since August 2011.

Sami Tuhkanen is working at Suomen itsenäisyyden juhlarahasto (Sitra, the Finnish Innovation Fund). He is responsible for Sitra's venture capital investment portfolio of 25 companies and 40 venture capital and private equity funds in Finland and abroad. He has been the head of the unit since 2012. During 2006-2012 he was responsible for Sitra's venture capital investments in early-stage cleantech companies. Before joining Sitra he worked at Tekes (the Finnish Funding Agency for Technology and Innovations) as a senior technology adviser during 2002-2005 and at VTT (Technological Research Centre of Finland) as a research scientist during 1998-2001. He holds board memberships at AW-Energy Oy, Omegawave Oy and Capricorn Cleantech Fund N.V.


President and CEO

The task of the President and CEO is to manage and develop Savo-Solar's business operations in accordance with the Finnish Limited Liability Companies Act and the instructions and directives by the Board of Directors. The President and CEO may undertake measures that are unusual and wide-ranging with a view to the company's scope and nature of operations only by the authorization by the Board of Directors. The President and CEO is responsible for the compliance of the company's accounting with the law, and the reliable organization of its asset management. The President and CEO is also responsible for financial planning and controlling the implementation of significant operational decisions. The President and CEO prepares matters for the meetings of the Board of Directors and reports to the Board of Directors.

Managing Director Jari Varjotie

born in 1960, M.Sc. (Production Technology)

Jari Varjotie is the Managing Director of Savo-Solar since 20 November 2010 and has 25 years of experience as an industrialist. Before working at Savo-Solar, Jari Varjotie worked at Winwind Oy during 2007–2010, until the company was sold. During his time there he worked as the COO and the Managing Director for Europe. He also worked in various top management positions at Perlos Corporation during 2000–2007, lastly as the COO. During 1993–2000 Jari Varjotie also worked as Manufacturing Manager, Materials Manager, Factory Manager and Vice President at Valmet Corporation.

Management team

CTO Kaj Pischow

born in 1947, Studies in Mathematics, Physics & Physical Metallurgy

Founder and CTO of Savo-Solar and since April 2010.
Kaj Pischow has 35 years of experience in development of new technologies and is a coating technologies expert. Before founding Savo-Solar, Kaj Pischow was a major shareholder and technical director during 1998–2010 at Savcor Face Group Oy, Surfcoat Oy and Savcor Coatings Oy which all produced vacuum coatings for Nokia mobile phones. During 1971–1995 Kaj Pischow worked as a researcher at the State Research Center VTT, Riihimäen Lasi Oy, the Technical University of Helsinki and as a private entrepreneur. Among other things, he was the first one to bring research in nanotechnology to Finland.

Vice President of Sales Patrick Jansson

born in 1978, M.Sc. (Business and Economics)

Patrick Jansson has been the Vice President of Sales for Savo-Solar since March 2014. Added to this he also holds the position as Managing Director of Savosolar Aps. Before this Patrick Jansson worked at Hydro Aluminium Precision Tubing between 2008 and 2013, first as Business Developer and Account Manager, and then later on as Sales and Business Development Manager. Patrick Jansson also worked two years for Siemens Medical Solutions in the UK.

Director of HR & Purchasing Rosa Aimo

born in 1958, B.Sc. (Business, East Asia)

Rosa Aimo has been the Director of HR & Purchasing for Savo-Solar since the start 2010. Before this, Rosa Aimo has a long experience from the telecommunications industry, as Senior Project Manager during 2004–2009 and as Senior R&D Manager for China during 2000–2004 at Savcor Face Group Oy. Added to this Rosa Aimo also worked as R&D Manager at Surfcoat, and as a consultant an owner at Surfec, which introduced companies to the Chinese market.

Business controller Seppo Ypyä

born in 1957, Vocational Qualification in Business and Administration, MBA

Seppo Ypyä joined Savo-Solar as Business controller in June 2015. During his career he has served for 12 years in banking business at the Banks Säästöpankki and SKOP. He further has acted as management consultant and for more than 11 years as Development manager at KM-Yhtymä Oy and Pyroll Group Oy.

Chief Engineer Aku Järvisalo

born in 1987, M.Sc. (Mechanical Engineering)

Aku Järvisalo joined Savo-Solar in April 2010. He has held different positions in the company, first as brazing coordinator, then as project manager and today as Chief Engineer. He is a member of the Management Team as from January 2016.



External auditing verifies that the financial statements give correct and sufficient information on the company's financial performance and financial position during the financial period. The auditor submits an auditing report required by law to the company's shareholders together with the company's annual financial statements. Audits during the financial period are reported to the Board of Directors.

The auditor and the Board of Directors meet at least once a year. The auditor is elected by the General Meeting of shareholders. The auditor's term of office covers the financial period during which he or she is elected and ends at the closing of the next ordinary General Meeting of shareholders following his or her election.

The ordinary General Meeting of shareholders held on 19 April 2016 re-elected the firm of Authorized Public Accountants PricewaterhouseCoopers Oy as the company auditor, with Pekka Loikkanen, Authorized Public Accountant, as the principal auditor until the closing of the next ordinary General Meeting of shareholders.


General meetings

The ordinary General Meeting of shareholders is the highest decision-making body of the company. The company's Board of Directors convenes the General Meeting annually within six months of the end of the financial period. As stipulated in the Articles of Association, the ordinary General Meeting decides on the adoption of the financial statements, the use of profits shown on the balance sheet, the granting of release from liability to the members of the Board of Directors and the President and CEO, the number of members of the Board of Directors, as well as the remuneration of the members of the Board of Directors and the auditor/s.
The General Meeting also elects the members of the Board and the auditor, and resolves any other matters included in the notice of the meeting.


Articles of association

1 § Registered name and domicile
The registered name of the company is Savo-Solar Oyj, in Swedish Savo-Solar Abp and in English Savo-Solar Plc. The domicile of the company is Mikkeli.

2 § Line of business
The line of business of the company is design, manufacturing and sale of energy systems that exploit solar energy as well as research, development and consultation relating to its line of business. In addition, the company may own real estates, shares in housing companies, investment shares as well as other securities, make share investments in companies and lease the real estates and apartments that it owns.

The company may conduct its business directly on its own or through subsidiaries or associated companies.

3 § Shares and book-entry system
Company’s shares belong to the book-entry securities system.

4 § Board of Directors and the Managing Director
The company shall have the Board of Directors, which comprises no fewer than three (3) and no more than seven (7) members. The term of office of each member of the Board of Directors ends at the adjournment of the first annual general meeting of shareholders following the election.

The company shall have a Managing Director. The Managing Director is nominated by the Board of Directors.

5 § Representation of the company
The company shall be represented by the Board of Directors but also the chairman of the Board of Directors and the Managing Director alone and two members of the Board of Directors acting jointly. The Board of Directors may grant procuration or representation right to a nominated person.

6 § Auditors
The company shall have one ordinary auditor and one deputy auditor. In case an auditing firm certified by the Finland Chamber of Commerce or chamber of commerce is elected as auditor, deputy auditor does not need to be elected. The term of office of the auditors ends at the adjournment of the annual general meeting of shareholders first following the election.

7 § Summons, registration period and venue of general meeting of shareholders
The notice to convene a general meeting of shareholders must be delivered to the shareholders by publishing the notice on the website of the company or otherwise in a verifiable manner no earlier than three (3) months and no later than three (3) weeks prior to the general meeting of shareholders, however, in any case, at least nine (9) days prior to the record date of the general meeting of shareholders pursuant to the Finnish Companies Act.
Where the Board of Directors so decides, a shareholder must register with the company in order to participate in the general meeting of shareholders. In such case, shareholders must register no later than on the date referred to in the notice convening the meeting, which date may be at the earliest ten (10) days prior to the general meeting of shareholders.

Besides the company’s domicile, general meetings may held in the City of Helsinki, Finland or the City of Stockholm, Sweden.

8 § Annual general meeting of shareholders
The annual general meeting of shareholders shall be held each year within six (6) months from the end of the financial period of the company on a date resolved by the Board of Directors.

The meeting shall:

be presented with:

  1. the financial statements and, when needed the report of the Board of Directors;
  2. the auditor's report;

    resolve upon:
  3. the adoption of the financial statements;
  4. the use of profits shown on the balance sheet;
  5. the discharge of members of the Board of Directors and the Managing Director from liability;
  6. the remuneration of the members of the Board of Directors and the auditor;
  7. the number of the members of Board of Directors;

  8. the members of the Board of Directors, and
  9. the ordinary auditor and deputy auditor. 

Contact us

map-tack Savo-Solar Plc
Insinöörinkatu 7
FI-50150, Mikkeli
letter +358 (0) 10 271 0810
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