Suomen Autovakuus Oy is specialized in car and vehicle financing and consumer loans. The company provides financing and loans for both individuals and car resellers. In both cases the financing means loans where vehicles act as collaterals. Suomen Autovakuus Oy was established in 1999 and is located in Helsinki, Finland. During the financial year (1.7.2006 – 30.6.2007) the company's turnover was 12.2 million Euros. The turnover consisted mainly of service fees and car trading related to financing while the company bought clients' vehicles in cash and sold those back with partial payment.
”We warmly welcome Suomen Autovakuus to the Nordic Exchange’s alternative marketplace First North and the Financials sector. NASDAQ OMX is proud of serving shareholders and investors with this venue for trading of shares in small growth companies”, said Jenny Rosberg, Senior Vice President OMX Listings & Capital Markets.
A round lot of shares in Suomen Autovakuus Oy, whose short name is SAV1V, amounts to 1. Suomen Autovakuus Oy belongs to the Financials Sector .
Harri Kalliokoski, CEO at Suomen Autovakuus and Martin Nord, Head of Sales at OMX Nordic Exchange Helsinki wait for the first closed deal in Suomen Autovakuus Oy’s share. The first trade was executed at EUR 5,15.
Harri Kalliokoski ringing the bell just few seconds before trading on First North is about to start. Mari Kankaanranta (on the right) is working at Suomen Autovakuus Oy as teamleader.
Martin Nord handing over the first closed deal in silver frames.
Important information
First North is an alternative market, operated by the different exchanges within OMX. It does not have the legal status as an EU-regulated market. Companies at First North are subject to the rules of First North and not the legal requirements for admission to trading on a regulated market. The risk in such an investment may be higher than on the main market.
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