Corporate Governance
Robit Plc is a public Finnish limited liability company. The shares of the company are traded on the official list of the Helsinki Stock Exchange.
In its decision-making and corporate governance, the company complies with the Companies Act, Articles of Association of the Company, rules set forth in the Helsinki Stock Exchange, securities markets legislation, as well as other applicable regulations.
In addition, the company complies with the Finnish Corporate Governance Code 2026 published by the Securities Market Association in its entirety. The Corporate Governance Code is available on the Securities Market Association's website at www.cgfinland.fi.
Archive: previous Corporate Governance Reports add
Group structure
The parent company of the Group is Robit Plc. The domicile of the company is Lempäälä, Finland. The parent company is the owner of the Robit Group of companies. Group’s subsidiaries as at 31 December 2025 and 31 December 2024 were as follows:
| Company | Parent 2025 | Parent 2024 | Group 2025 | Group 2024 |
|---|---|---|---|---|
| Halco Brighouse Ltd, Parent Robit UK* | 100 % | 100 % | ||
| Halco Drilling Ltd UK, Parent Robit UK* | 100 % | 100 % | ||
| Robit Asia Ltd, Hong Kong*** | 100 % | 100 % | ||
| Robit Australia Pty Ltd, Australia | 100 % | 100 % | 100 % | 100 % |
| Robit Finland Oy Ltd, Finland | 100 % | 100 % | 100 % | 100 % |
| Robit GB Ltd, UK | 100 % | 100 % | 100 % | 100 % |
| Robit Inc, USA | 100 % | 100 % | 100 % | 100 % |
| Robit Korea LTD, South Korea | 100 % | 100 % | 100 % | 100 % |
| Robit OOO, Russia | 100 % | 100 % | 100 % | 100 % |
| Robit S.A.C, Peru, 1% owned by Robit Inc | 99 % | 99 % | 100 % | 100 % |
| Robit SA, South Africa** | 74 % | 74 % | 100 % | 100 % |
| Robit UK Ltd, UK* | 100 % | 100 % | 100 % | 100 % |
| Halco USA LLC, USA, Parent Robit Inc* | 100 % | 100 % |
*Companies were dormant or holding companies.
**During 2015 Robit SA established a Black Employees Empowerment Trust (‘the Trust’, “BEET”) in South Africa. The purpose of the Trust is to support the local black employees of Robit SA and generate better business opportunities for Robit in South Africa. Robit SA directed a share issue to the Trust. As a result, the Trust owns 26% of the shares of Robit SA. However, Robit SA is considered to have control over the Trust.
***Robit Asia Ltd, Hong Kong was closed in March, 2025.
The company’s governance is organized through the General Meeting, the Board of Directors and the Chief Executive Officer. Further, the company has a Management Team led by the Chief Executive Officer. In addition, Robit has Shareholders’ Nomination Board, People Committee, Working Committee and Audit Committee.