Algol Group structure
The Group comprises six business units: Algol Chemicals, Algol Diagnostics, Algol Technics, Algol Trehab, Histolab Products and Suomen Unipol (ownership 75 %).
The Board of Directors of the parent company Algol Oy is responsible for the governance of the entire Group and the appropriate organisation of its operations. The Board focuses on issues related to its ownership strategy, financing and the use of Group resources.
The parent company is also responsible for the Group’s shared functions. These include, for example, financial administration, property management, ICT, corporate responsibility, the Group’s internal and external communications, and the Algol brand.
The implementation of good corporate governance at Algol is supported by the Group’s Code of Business Conduct.
Algol is a Finnish family business. The Bargum family owns 100% of all company shares. The three largest shareholders own 98% of the shares.
Managing Director, Algol Oy
Deputy CEO, Group CFO, Algol Oy
ICT Director, Algol Oy
Kaj Hedvall, Chairman of the Board
B.Sc. (Econ.), MBA
THis is us
Algol is a Finnish family-owned business and a multi-branch company, which has been active in international trade since 1894. The Group comprises Algol Chemicals, Algol Diagnostics, Algol Technics, Algol Trehab, Histolab Products and Suomen Unipol.Read more
The basis of our operations
Trading involves responsibility for customers, suppliers, employees and society as a whole. We believe that international trade promotes global understanding, peaceful coexistence and stability.Read more
The Group comprises six business units: Algol Chemicals, Algol Diagnostics, Algol Technics, Algol Trehab, Histolab Products and Suomen Unipol.Read more
The Algol Group significantly increased its operating profit in 2020. However, net sales were approximately 8 percent lower than in the previous year. Cash flow was good, net debt decreased clearly and the Group’s solidity improved.Read more