Kemijoki Oy

Kemijoki Oy in brief

Kemijoki Oy is the most important producer of hydropower and regulating power in Finland. We own 20 hydropower plants, 16 of which are located at the Kemijoki watercourse area, two at River Lieksanjoki and two at River Kymijoki. In addition, we regulate the reservoirs in Lokka and Porttipahta as well as Lake Kemijärvi and Lake Olkkajärvi. 

We operate as an expert and commissioner organization of hydropower production, and are developers of hydropower expertise. We acquire most of our operations from service providers. Thanks to our agile, partnership-based operating model, we are able to produce hydroelectricity cost-efficiently and adapt to changing conditions. Sustainability is at the core of Kemijoki’s business operations. Together with our partners, we fulfil hydropower obligations, but we want to do more. We, for example, maintain electricity self-sufficiency and security of supply, strengthen regional employment and are experts of sustainable hydropower.

We have made four strategic choices that create value for Finland: 

  1. We develop and maintain performance
  2. We promote biodiversity
  3. We take partnerships to the next level
  4. We can increase hydropower capacity

Kemijoki Oy’s economic key figures in the Financial Statements.

Our Code of Ethics

Our Code of Ethics defines the ways we treat each other and do business. It is a tool for everyday work and helps Kemijoki Oy’s  employees assess and consider things in advance. It is everyone’s right and duty to understand the ethical principles of the Code and act accordingly. Our shared goal is to prevent situations which could lead to potential violations of this Code.

Read our Code of Ethics here.