Lieutenant General Arto Räty Joins the Board of Summa Defence Ltd
Press Release September 27, 2024, 11:00
Lieutenant General Arto Räty Joins the Board of Summa Defence Ltd
Lieutenant General (ret.) Arto Räty will begin as a new member of the board of Summa Defence Ltd on October 1, 2024.
In addition to a significant international military career, Arto Räty has also served as the Permanent Secretary at the Finnish Ministry of Defence. In recent years, Räty has worked as a Senior Advisor and served on the boards of several significant Finnish companies.
Räty has an extensive industry perspective and an international network.
– "I feel it is almost my duty to be involved in creating opportunities for Finnish defense and security companies to grow and simultaneously provide the conditions for them to succeed globally. What particularly excites me about Summa Defence is that the group is built to meet real needs, considering overall security and government requirements in addition to the defense industry," says Arto Räty.
– "General Räty brings extensive expertise in the defense industry and, of course, from the Ministry of Defence to the board of Summa Defence. Over the summer, we have worked together with the company's Executive Board on several mergers and acquisitions, and our goal is to announce the first subsidiaries of the group later this year," says Markku Kankaala, Chairman of the Board of Summa Defence.
– "Interest in Summa Defence is not limited to Finland alone; we continuously receive inquiries from across Europe. Arto Räty's professional skills and his extensive international connections will undoubtedly benefit the achievement of Summa Defence's growth objectives," says the company's CEO, Jussi Holopainen.
For further information and interview requests:
Mikael Hästbacka
+358 40 555 3 222
mikael.hastbacka@summadefence.com
Summa Defence Ltd is a new Finnish defense group and an alliance of entrepreneurs, focusing on situational awareness, mobility, and protection. Summa Defence Ltd unites Finnish defense companies to create a strong player in the industry. The strengths of Summa Defence include Finnish entrepreneurship, technological know-how, and the ability to bring innovation to industrial-scale production.
The establishment of Summa Defence is driven by a long-recognized need in Finland and the European Union to create situational awareness and industrial-scale production. The company's goal is strong international growth and the maximization of joint performance with reliable international partners.
