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4. Personnel expenses

EUR 1,000

2018 2017





Wages and salaries

-7,115 -8,047
Pension expenses

-668 -920
Other personnel expenses

-229 -687
Personnel expenses total

-8,012 -9,655










Average number of employees during the period

2018 2017





Management and administration

12 18
Other personnel

51 61
Total average number of employees

63 79










Salaries, fees, remunerations and pensions to the management
1 000 € Salaries,
fees, remunerations
2018
Obligatory pension expenses 2018 Salaries,
fees, remunerations
2017
Obligatory pension expenses 2017





Padma Ravichander, CEO as from 18 April 2016 -465
-413










Members of the Board of Directors:
Harri Koponen, Chairman of the Board -116 -29 -63 -16
Neil Macleod, hallituksen varapuheenjohtaja
-

Jyoti Desai
-

Pentti Heikkinen, Vice Chairman -74 -19 -39 -10
Conrad Neil Phoenix
-

Priyesh Ranjan
-

Christer Sumelius -65 - -31 -
Matti Jaakola, - 3.9.2018 -61 -15 -31 -8
Pirjo Pakkanen, as from 9 May 2016 to 3 June 2017
- -22 -6
Yhteensä -779 -63 -599 -39





The pension benefits of the members of Board of Directors are determined by the Finnish Employees Pensions Act (Tyel). The members of Board of Directors have no additional pension arrangements.


The CEO has a CEO contract, which is made according to Finnish law. The CEO is responsible for tax and other compulsory payments.