Administrative Court upheld the administrative fine imposed on Verkkokauppa.com by the Data Protection Ombudsman 's Sanctions Board
Administrative Court upheld the administrative fine imposed on Verkkokauppa.com by the Data Protection Ombudsman 's Sanctions Board
Verkkokauppa.com Oyj Stock exchange release 24 February 2025 at 6:00 PM (EET)
Helsinki Administrative Court has upheld the administrative fine imposed on Verkkokauppa.com by the Data Protection Ombudsman 's Sanctions Board. The company announced the administrative fine on 15 March 2024. The company has recognized a provision for the administrative fine in its first quarter 2024 results. The decision is not legally binding and the company considers further actions.
For further information, please contact:
Klaus Korhonen, Head of Legal
Verkkokauppa.com Oyj
klaus.korhonen@verkkokauppa.com
Tel. +358 50 32 555 28
Verkkokauppa.com is an e-commerce pioneer that stands passionately on the customer’s side. Verkkokauppa.com accelerates the transition of commerce to online with Finland’s fastest deliveries and ultimate convenience. The company leads the way by offering one-hour deliveries to more than 1.7 million customers, a winning assortment and probably always cheaper prices. Everyday, the company strives to find more streamlined ways to surpass its customers´ expectations and to create a new norm for buying and owning. Verkkokauppa.com was founded in 1992 and has been online since day one. The company’s revenue in 2024 was EUR 468 million and it employs around 600 people. Verkkokauppa.com is listed on the Nasdaq Helsinki stock exchange.
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