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Latest news
29 August 2024
Insider information: SATO Corporation increases private placement maturing in 2030 by EUR 250 million as a new private placement
SATO Corporation issues EUR 250 million unsecured notes as a private placement. The new notes issued are under the company’s EMTN programme and increase to the private placement maturing on 12 June 2030.
20 August 2024
Appointment: Jaana Nikunen as SATO’s Head of Procurement
Jaana Nikunen, M.Sc. (Econ.), 38, has been appointed as the Head of Procurement of SATO, starting from 1 September 2024. Nikunen has previously worked at Lidl and is joining SATO from her role as Head of Procurement for Scandic Hotels Finland.
16 July 2024
SATO's Half-Year Report: Demand for rental homes is recovering
"We improved our profit from operations before depreciation by increasing our operational efficiency and implementing savings measures. Profit from operations before depreciation was also affected positively by the higher occupancy rate," says President and CEO Aarnio.