Last kr251.40 SEK
Change Today +6.30 / 2.57%
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investment ab kinnevik-a shs (KINVA) Snapshot

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07/3/14 - kr301.00
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investment ab kinnevik-a shs (KINVA) Details

Investment AB Kinnevik manufactures fiber-based packaging materials for consumer products. The company offers liquid packaging board for dairy products and other beverages; white top kraft liner for corrugated packaging; carton board for packaging cosmetics, luxury drinks, confectionery, and frozen food; and sack and kraft paper for sacks, carrier bags, and food packaging. It also provides prepaid cellular telephony services to various market segments in Latin America, and Africa; fixed and mobile telephony, broadband, computer networks, and cable TV products and services, as well as engages in Viasat Broadcasting, which comprises Free-TV Scandinavia, Pay-TV Nordic, and Free-TV and Pay-TV emerging markets that broadcasts approximately 50 channels in 30 countries; operates a commercial radio in the Nordic and Baltic regions; and Metro, a daily newspaper. In addition, the company outsources customer relationship management and credit management services for telecommunications and e-commerce, travel and tourism, retail, and financial services industries, as well as utilities; manages farms with a total area of 6,705 hectares in Poland, as well as controls 330,000 hectares of land, and 13,000 hectares of leased farm land; and produces and supplies pellets primarily for the Sweden, Denmark, and other countries. Further, it operates renewable energy facilities, as well as produces biomass; provides off and online directory, online classified advertising, search marketing services; operates in software and hardware, consultation, and campaign management, as well as private equity funds; invests in micro financing companies, search and guidance media, and an online company that offers discounted information in lifestyle and leisure areas; and provides micro credit and financial services in Ghana, Uganda, Zambia, Tanzania, and Botswana. The company was founded in 1936 and is headquartered in Stockholm, Sweden.

1,112 Employees
Last Reported Date: 04/2/14
Founded in 1936

investment ab kinnevik-a shs (KINVA) Top Compensated Officers

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investment ab kinnevik-a shs (KINVA) Key Developments

Investment AB Kinnevik Presents at SEB Nordic Seminar, Jan-08-2015 10:40 AM

Investment AB Kinnevik Presents at SEB Nordic Seminar, Jan-08-2015 10:40 AM. Venue: Hilton Copenhagen Airport Hotel, Copenhagen, Denmark.

Investment AB Kinnevik Announces Management Changes

Investment AB Kinnevik announced that Mikael Larsson has communicated his intention to leave his position as Chief Financial Officer of the company after the next AGM in May 2015. Mikael Larsson joined Kinnevik as CFO in 2001. Whilst leaving his executive position at Kinnevik in May 2015, Mikael Larsson will remain involved with the Kinnevik Group. The Kinnevik Board will propose to the nomination committee of Transcom WorldWide that Mikael continues to serve as a Director. Joakim Andersson, currently Kinnevik Group Treasurer, has been appointed Deputy CFO of the company. Joakim joined Kinnevik in 2001 and became Group Treasurer in 2007.

Investment AB Kinnevik Announces Nomination Committee

Investment AB Kinnevik (publ) announced that the Nomination Committee will propose to elect Anders Borg as new director of the Board of Directors at the Annual General Meeting in May 2015. Anders Borg served as Minister of Finance in Sweden between 2006 and 2014. In 2011, he was named European Finance Minister of the year by the Financial Times recognizing his outstanding political ability, economic performance and market credibility. He studied philosophy, economic history and political science at Uppsala University and postgraduate studies in economics at Stockholm University. Anders Borg has been nominated to become Deputy Chairman of Kinnevik and together with Executive Chairman Cristina Stenbeck and Deputy Chairman Dame Amelia Fawcett he will be working on broader business development across the Group. The Nomination Committee is comprised of Ramsay Brufer appointed by Alecta, James Anderson appointed by Baillie Gifford, Wilhelm Klingspor appointed by the Klingspor family, Cristina Stenbeck and Max Stenbeck appointed by Verdere Sarl and Edvard von Horn appointed by the von Horn family. The committee expects to present its full proposal regarding the Board and auditor, in the case that an auditor should be elected, and their remuneration, in April 2015.


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