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Algol Group makes traditional Christmas donations to Finnish and global causes

News 1.12.2023

As in previous years, the Algol Group is donating to Finnish and global causes this Christmas instead of sending out cards and gifts.

This year, donations are being made to the following causes:

According to Algol Group CEO Alexander Bargum, a suitable balance between Finnish and international causes, has been sought. In addition to the multi-year donation recipients, this year, a new beneficiary of the donation is UNICEF. Furthermore, the amount donated to the Crisis Management Initiative (CMI) has been increased this year in honor of CMI's founder and former president Martti Ahtisaari.

This year, Algol has also donated 10,000 euros to the Finnish Red Cross Hunger Day collection and 30,000 euros to humanitarian relief in Ukraine. Half of the amount was donated to UNICEF’s Ukraine Fund and half to the Disaster Relief Fund of the Finnish Red Cross.

More information

Alexander Bargum, CEO, Algol Group, tel. +358 40 732 3232.

Algol in brief

Algol is a Finnish multi-branch company specialising in international trade. We have been operating responsibly with an international network of partners for more than 129 years. Our solutions improve the quality of industrial production and ensure smooth operations. In the healthcare sector Algol’s solutions promote the conditions for healthy living.

The Algol Group had net sales of 233 million euros in 2022. We employ almost 500 professionals in ten countries.