Company Neste Oyj

Equities

NESTE

FI0009013296

Oil & Gas Refining and Marketing

Market Closed - Nasdaq Helsinki Other stock markets 11:29:34 2025-07-14 EDT			After hours 11:52:50
12.66 ^EUR	-0.51%		12.66	+0.06%

07-11	Neste Oyj, Q1 2025 Earnings Call, Apr 29, 2025
07-10	OP Corporate Bank Downgrades Neste to Accumulate	MT

Business description: Neste Oyj

Neste Oyj specializes in oil product refining and distribution. Net sales break down by activity as follows:

- production and sale of oil products (43.1%): fuels, fuel oils, heavy fuel oils, lubricants, solvents, liquefied petroleum gases and bitumen;

- production of renewable fuels (34.3%): owns 3 refineries located in Finland, Singapore and the Netherlands;

- distribution of oil products to end-users (22.5%): owns, at the end of 2024, a network of 929 service stations located in Finland, Estonia, Latvia and Lithuania;

- other (0.1%).

Net sales are distributed geographically as follows: Finland (27.3%), Nordic countries (9.3%), Europe (20.5%), Baltic countries (8.5%), the United States (30.3%) and other (4.1%).

Number of employees: 5,408

Sales by Activity: Neste Oyj

Fiscal Period: December	2020	2021	2022	2023	2024
Oil Products	6.06B	7.81B	14.6B	13.28B	11.83B
Renewable Products	4.27B	5.9B	9.9B	8.47B	7.32B
Marketing & Services	3.06B	3.8B	5.88B	5.17B	4.69B
Others	177M	170M	147M	100M	125M
Eliminations	-1.81B	-2.53B	-4.82B	-4.09B	-3.33B

See all business segments

Geographical breakdown of sales: Neste Oyj

Fiscal Period: December	2020	2021	2022	2023	2024
USA	-	-	-	-	6.24B
Finland	3.76B	4.88B	8.46B	6.52B	5.64B
Other European Countries	3.32B	3.12B	5.13B	4.78B	4.24B
Other Nordic Countries	1.98B	2.6B	4.35B	3.28B	1.91B
Baltic Rim	930M	1.16B	1.85B	1.72B	1.76B
Other Countries	150M	162M	234M	205M	841M
North and South America	1.6B	3.23B	5.68B	6.44B	-

See all geographic segments

Executive Committee: Neste Oyj

Manager	Title	Age	Since
Heikki Pekka Mikael Malinen CEO	Chief Executive Officer	63	2024-10-14
Eeva Sipilä DFI	Director of Finance/CFO	52	2025-04-30
Bart Leenders CTO	Chief Tech/Sci/R&D Officer	-	2009-12-31
Markku Tapani Korvenranta COO	Chief Operating Officer	59	2024-10-27
Lars Peter Lindfors CTO	Chief Tech/Sci/R&D Officer	61	2008-12-31

See NESTE OYJ governance

Composition of the Board of Directors: Neste Oyj

Director	Title	Age	Since
Johanna Söderström BRD	Director/Board Member	54	2020-05-17
Nicholas Reginald Elmslie BRD	Director/Board Member	68	2020-05-17
John Charles Abbott BRD	Director/Board Member	65	2021-03-29
Just Jan Christiaan Jansz BRD	Director/Board Member	68	2022-03-29
Conrad Keijzer BRD	Director/Board Member	57	2024-03-26
Pasi Laine CHM	Chairman	62	2025-03-24
Sari Mannonen BRD	Director/Board Member	59	2024-03-26
Essimari Kairisto BRD	Director/Board Member	59	2024-12-31
Anna Kristiina Hyvönen BRD	Director/Board Member	57	2024-12-31

Composition of the Board of Directors

Shareholders: Neste Oyj

Name	Equities	%	Valuation
Government of Finland 44.22 %	340,107,618	44.22 %	4 599 M €
Keskinäinen Eläkevakuutusyhtiö Ilmarinen 2.591 %	19,926,508	2.591 %	269 M €
Keskinäinen Työeläkevakuutusyhtiö Varma 1.502 %	11,551,622	1.502 %	156 M €
Keskinäinen Työeläkevakuutusyhtiö Elo 1.467 %	11,284,000	1.467 %	153 M €
The Social Insurance Institution of Finland (Invt Port) 0.7931 %	6,100,272	0.7931 %	82 M €

Name	Equities	%	Valuation
RhumbLine Advisers LP 0.001879 %	28,900	0.001879 %	195 393 €
GAMMA Investing LLC 0.000104 %	1,601	0.000104 %	10 824 €
First Horizon Advisors, Inc. 0.000007 %	111	0.000007 %	750 €
Brooklyn Investment Group LLC 0.000001 %	18	0.000001 %	122 €

List of NESTE OYJ shareholders

Holdings: Neste Oyj

Name	Equities	%	Valuation
NESTE OYJ 0.13%	967,448	0.13%	13,082,557 $

Company details: Neste Oyj

Neste Corp.

Keilaranta 21

00095, Espoo

+358 10 45811

http://www.neste.com

Group companies: Neste Oyj

Name	Category and Sector
Walco Foods UC
Neste Germany GmbH
Neste Oil Singapore Pte Ltd. Neste Oil Singapore Pte Ltd. Oil Refining/MarketingEnergy Minerals Part of Neste Corp., Neste Oil Singapore Pte Ltd. is a company that provides services related to oil in Singapore, SG. The Singaporean company's description mentions the ability to exercise rights under the EU's General Data Protection Regulation (GDPR) through a request form or customer service contact.	Oil Refining/Marketing
Neste Canada, Inc. Neste Canada, Inc. Oil Refining/MarketingEnergy Minerals Part of Neste Corp., Neste Canada, Inc. produces fuel additives. The company is located in Canada.	Oil Refining/Marketing
Neste (Suisse) SA Neste (Suisse) SA Wholesale DistributorsDistribution Services Part of Neste Corp., Neste (Suisse) SA is a Swiss company that wholesales petroleum products. The company is based in Vernier, Switzerland.	Wholesale Distributors

See all subsidiaries

Other Oil & Gas Refining and Marketing

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi.($)
NESTE OYJ	-0.51%	+3.43%	-25.07%	-70.12%	11.43B
EXXON MOBIL CORPORATION	-1.59%	+2.33%	-1.31%	+36.76%	497B
RELIANCE INDUSTRIES LTD	-0.77%	-2.85%	-7.08%	+24.81%	221B
CHINA PETROLEUM & CHEMICAL CORPORATION	+0.93%	+3.35%	-12.02%	+24.50%	90.54B
BP PLC	-1.21%	+6.85%	-11.62%	+9.14%	84.29B
MARATHON PETROLEUM CORPORATION	-2.53%	-0.78%	+5.02%	+117.01%	55.26B
PHILLIPS 66	-1.94%	+2.31%	-7.67%	+64.64%	53.66B
VALERO ENERGY CORPORATION	-2.44%	+3.97%	+0.46%	+48.28%	47.94B
IMPERIAL OIL LIMITED	-0.03%	+3.14%	+15.36%	+112.02%	41.98B
OIL AND NATURAL GAS CORPORATION LIMITED	+1.02%	-0.42%	-20.48%	+96.24%	35.45B
Average	-0.89%	+2.52%	-6.44%	+46.33%	113.94B
Weighted average by Cap.	-1.15%	+2.07%	-4.18%	+40.66%