Patria (company)

Patria Oyj
Public limited company
Industry Aerospace and defense
Predecessor Valmet, Oy Sisu Ab
Founded 1997 (1997)
Headquarters Helsinki, Finland
Area served
worldwide
Key people
Heikki Allonen (CEO)
Products Armored wheeled vehicles, weapon systems, aircraft parts
Services helicopter maintenance, pilot training
Revenue Decrease 462,4 million  (2014)
Decrease 56 million € (2014)
Owner Finnish government (100%)
Number of employees
2,546 (2014)
Website patria.fi

Patria Plc (Finnish: Patria Oyj, Swedish: Patria Abp) is a Finnish provider of defence, security and aviation life-cycle support services and technology solutions. Patria is owned by the Finnish government, but Kongsberg Defense & Aerospace is to acquire 49.9% of the ownership. Transaction is estimated to be closed during second quarter of 2016.[1]

Products and services

Patria Aviation

Aircraft parts for:

Patria Systems

Vehicles

Mortar systems

Criminal investigation

Main article: Patria case

As of 5 September 2008, Patria is under investigation by the Finnish National Bureau of Investigation on its vehicle project in Slovenia and howitzer project in Egypt.[4] The company's former CEO Jorma Wiitakorpi resigned on August 18, 2008, when the investigation was still ongoing. He was succeeded by former board member Heikki Allonen.[5] Furthermore, several other employees have been arrested on charges of bribery. The case is ongoing and currently (as of 5 September 2008) the criminal investigation is underway.

Yleisradio's investigative program MOT published details of the case, causing a scandal in Slovenia, since the Slovenian Government including then-Prime Minister Janez Janša was allegedly involved.

References

External links

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