10.12.2019

Pia Ek Elected Chair of Finnish Center for Integrity in Sports

Castrén & Snellman partner Pia Ek was elected as the chair of the Finnish Center for Integrity in Sports (FINCIS) on 9 December 2019.

‘I would like to warmly thank the members of FINCIS for their trust. It is an honour help guide ethical sports into the 2020s. Thanks to well-organised operations, anti-doping supervision has operated at a high level of quality in Finland for a long time. Ethical concerns are increasingly becoming a focus of interest. It is important that we have an organisation like FINCIS to promote equal rights in ethically sustainable sports. The excellent work of my predecessor, Timo Laitinen, during his term is a great foundation to build on’, Pia said.

Pia has worked in sports law and technology as an attorney for nearly two decades. She has worked extensively with domestic and international sports federations, top-level sports clubs, broadcasting media companies and sponsors. Pia is also a long-standing member and the vice chairman of the Finnish Sports Arbitration Board.  She was also a member of the board of the FINCIS’s predecessor, the Finnish Anti-Doping Agency FINADA. Pia’s term as FINCIS’s chair begins at the start of 2020.

The task of FINCIS (Finnish Center for Integrity in Sports) is to reinforce an ethically sustainable sports culture in co-operation with other parties. FINCIS is responsible for implementing international treaties on anti-doping activities, manipulation of sports competitions and spectator comfort and safety. FINCIS’s members include the Finnish Olympic Committee, the Finnish Paralympic Committee, the Finnish Society of Sports Medicine, and the Finnish Government, represented by the Ministry of Education and Culture.

Latest references

We advised Nordea Bank Abp in the EUR 150 million new green financing for Lahti Energia Oy to support investments promoting a clean transition and to refinance existing loans. Lahti Energia Oy’s green loan investments focus on solutions that reduce fossil carbon dioxide emissions and support sustainable development. Planned projects include electric boilers, district heating storage facilities, and investments in the development of energy networks.
Case published 1.7.2025
We advised Netel Group, a Nasdaq Stockholm-listed contracting company, on the sale of its Finnish operations, Netel Oy, to a group of private investors. The divestment forms part of Netel Group’s strategic realignment. In January 2025, Netel Group announced its decision to exit the Finnish market in order to concentrate on its core markets in Sweden and Norway and growth markets in Germany and the UK. Netel Group is a leading provider of services in the development and maintenance of critical infrastructure within Infraservices, Power and Telecom across Northern Europe. The company has been listed on Nasdaq Stockholm since 2021.
Case published 1.7.2025
We advised Glaston Corporation on its reverse share split, i.e. in the reduction of its total outstanding shares so that each two shares of the company were merged into one share. The shares of Glaston have been listed into the Helsinki Stock Exchange. Glaston is the glass processing industry’s innovative technology leader supplying equipment, services and solutions to the architectural, mobility, display and solar industries. The company also supports the development of new technologies integrating intelligence to glass.
Case published 27.6.2025
We advised OP-Public Services Real Estate Fund in the sale of a portfolio of six care properties to Aedifica group, a Belgian real estate company specialised in European healthcare real estate, particularly in elderly care. The care properties in this portfolio are located across Finland in Helsinki, Tampere, Kuopio, Tuusula and Kirkkonummi. The portfolio has a total capacity for 233 residents. Aedifica group acquired 100% of the shares of the six real estate companies that own the properties. The total value of the transaction is approximately EUR 37.5 million.
Case published 26.6.2025