Everything about Osakeyhti totally explained
Osakeyhtiö, literally a "
stock company ", is the
Finnish equivalent of a
limited company (
Ltd or
LLC) or
Gesellschaft mit beschränkter Haftung (
GmbH). It is abbreviated to
Oy or
OY and is used either before or after the company's name, sometimes with the addition of the
Swedish equivalent Ab or AB (
aktiebolag).
Although some, especially larger, Finnish companies now use English as their corporate language, most Finnish companies use only
Oy in the company name. If a company uses both Finnish and Swedish, then the order of the Finnish and Swedish abbreviations defines the main language of the company:
OY Suomi AB or
Suomi Oy Ab would have
Finnish as its main language whereas
AB Finland OY or
Finland Ab Oy would have
Swedish.
Other languages used by the company don't influence this order. Corporations with English names or with English as their corporate language usually have LTD or nothing after the name.
Julkinen osakeyhtiö
Julkinen osakeyhtiö (pl.
Julkiset osakeyhtiöt) means "public stock company" and is abbreviated to
Oyj or
OYJ. A
julkinen osakeyhtiö can be listed on the
Helsingin Pörssi (Helsinki Stock Exchange). The term's Swedish equivalent is Abp or ABP (publikt aktiebolag). An OYJ may be called a
public limited company or
public company in English and may use the abbreviation
PLC in the company name, for example.
Further Information
Get more info on 'Osakeyhti'.
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