Valoen, a solar technology company in the midst of restructuring, held its general meeting in Mikkeli today. The board of directors, consisting of Hannu Savisalo, Ville Parpola, Tuomas Honkamäki, and Iikka Savisalo, was given the authority to determine new share issues until July 2025. However, due to the lack of an auditor, several decisions could not be made during the meeting.
The agenda for the general meeting included discussing last year’s financial statements and confirming the results of the last financial year. Additionally, dividend distribution and discharges from liability were also on the table. However, these decisions could not be made as Valoen currently does not have an auditor. The previous auditor resigned in December 2023 and a new replacement has not yet been chosen.
Due to this lack of an auditor, the general meeting decided to suspend further discussions and postpone decisions about the auditor’s fee and selection until a later date. The board of directors will convene a follow-up meeting to address these unresolved issues at a later time.
Valoren is currently undergoing restructuring with details outlined in an article published by Kauppalehti earlier today. The company is in transition and the general meeting’s decisions reflect ongoing adjustments and improvements needed for continued success.
Valoren has been working hard to improve its financial performance over recent years but it’s still facing challenges that need addressing before it can fully realize its potential. The company’s current board of directors remains committed to guiding Valoren through this period of transition and ensuring that it emerges stronger than ever before.
As Valoren continues on its path towards growth and profitability, it will need to keep innovating and adapting to meet changing market demands while also maintaining high standards for safety and sustainability within its operations. With renewed focus on improving efficiency across all areas of its business model Valoren is poised for long-term success as it navigates through this period of change.
Overall Valoren’s future looks promising with continued efforts towards improving their financial position while keeping up with industry trends and innovation.
