Georg Ehrnrooth
Quick Facts
Biography
Georg Ehrnrooth (born 1966) is the major owner with his brothers of Finnish HEX exchange stock companies EQ Bank, YIT and Pöyry.
Family
Father Casimir Ehrnrooth (born 1931) held possessions in banking. Sisters and brother Henrik Pöyry (1954), Johanna graphical artist (1958) and Carl-Gustaf (1969).
Business
Georg Ehrnrooth owns, with his brothers, investment companies Structor S.A, Corbis S.A. Fennogens Investments S.A. in Luxembourg. These companies are the major owners of EQ Bank, the construction company YIT and the construction and forest industry consulting company Pöyry.
Fines
Georg Ehrnrooth and Jorma Ollila were fined for Luxembourg investments in 2014. Georg Ehrnrooth failed to reveal a Luxembourg-based investment company that he controlled, known as Partum. At the end of 2012, Partum was worth 26 million euros but has since been dissolved. Ehrnrooth told regulators that he had neglected to disclose of the investment company to the insider register in error. In 2016 Yle reported that Georg andHenrik Ehrnrooth own a company in Luxemburg that organize Tax haven companies for their customers including Jorma Ollila and Kari Stadigh. Company made years cooperation with Mossack Fonseca in Panama.