Mika Anttonen invests millions in Finnish sports again - this is what it's about
Mika Anttonen has purchased the historic Kaskela main building of the Vierumäki Sports Institute and plans to invest over 17 million euros in its renovation.
Mika Anttonen, a billionaire owner of the energy company St1, has made a significant investment in Finnish sports by acquiring the historic Kaskela main building at the Vierumäki Sports Institute. Over the years, Anttonen's company Keele Oy has invested approximately 50-55 million euros in Vierumäki, demonstrating his commitment to the development of sports in Finland. The addition of 17 million euros for the renovation of this iconic building, which dates back to 1937, highlights his ongoing dedication to improving sports facilities in the country.
The renovation of Kaskela is set to be completed by the summer of 2028 and is seen as a culturally historic act in Finnish sports history. Anttonen emphasized the importance of this project, stating that despite the hefty price tag of 17 million euros for the renovation, it is a crucial step in preserving and enhancing the facilities at the sports institute. This initiative aligns with the broader goal of advancing sports and recreation opportunities in Finland, particularly for training and educational purposes.
This recent purchase further solidifies Anttonen's role as a key investor in Finnish athletics and the sports industry. Following the purchase from the Finnish Sports Institute Support Company (SUK), the focus now shifts to ensuring that this historical landmark is modernized while maintaining its cultural significance. This investment not only benefits current sports programs but will also likely have long-term effects on the future of sports education in Finland, promoting a healthier and more active lifestyle among the population.