Ilmarinen finishes 2023 on a high despite real estate write-downs

After a difficult year for Finnish equities and real estate, the pension giant reports “excellent” returns on its other investments.
CEO Jouko Pölonen (left) and CIO Mikko Mursula are satisfied with Ilmarinen's 2023 results. | Photo: Ilmarinen / PR
CEO Jouko Pölonen (left) and CIO Mikko Mursula are satisfied with Ilmarinen's 2023 results. | Photo: Ilmarinen / PR

Finland’s largest commercial pension company, Ilmarinen, had a strong fourth quarter – and a good year overall, its financial statements for 2023 show.

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