Municipal group

Merikarvian municipal group consists of Merikarvia the municipality and those entities and foundations over which the municipality has control.

A municipal group is an ownership and administrative structure whose purpose is to enable compatibility and cooperation between the units within it, which benefits the city's residents and the region. The municipal group is managed and developed as a whole and economically, formed by the municipality and its subsidiaries.

An entity in which a municipality has control as referred to in the Accounting Act is a subsidiary of the municipality. According to the Local Government Act, a foundation under the control of the municipality is also considered a subsidiary of the municipality. Joint municipal authorities and other entities in which the municipality is a shareholder or member are also consolidated in the consolidated financial statements.

The companies are used to supplement the municipality's service production and to handle the support functions needed by the municipal group. The starting point of the municipality's ownership policy is the strategy approved by the council and other decisions regarding ownership policy.