Juha Sipilä

Juha Petri Sipilä (born 25 April 1961) is a Finnish politician who served as Prime Minister of Finland from 2015 to 2019.

A relative newcomer to politics, he has a successful background in business.

Sipilä graduated from Puolanka lukio (Finland's university-preparatory high school), completing the matriculation examination with high marks in 1980.

In 1986 Sipilä earned his Master's degree in science (technology) from the University of Oulu.

Sipilä has the rank of captain in the reserves of the Finnish Defence Forces.

Sipilä's career started at Lauri Kuokkanen Ltd., first as a thesis worker and later as a product development manager.

Changing jobs, he became a partner and later CEO at Solitra Oy.

Sipilä was managing director of Solitra in 1992 and became the main owner in 1994.

Sipilä sold Solitra to American ADC Telecommunications in 1996, becoming a multimillionaire from the proceeds.

In 1996, Sipilä's income was the highest in Finland.

According to Ilta-Sanomat he has been on the Board of Directors of 120 companies.

Juha Sipilä was part-owner in the start-up company Chempolis.

In 1998, Sipilä started his own business, Fortel Invest Oy.

Business ADC Mersum Oy was resold to Remec in 2001.

In 2002–2005 he worked as the CEO of Elektrobit Oyj, then returned to his own business.

As a student, Sipilä worked for a short time in the Finnish Centre Youth, but otherwise he did not have experience in party politics before being elected to the Finnish Parliament in 2011 with 5,543 personal votes.

He was the leader of the Centre Party from 2012 to 2019.

According to MOT Program (YLE) in 2012, Chempolis had received 10 million euros in public funds over 15 years along with extra funds from the Finnish Innovation Fund SITRA and Finnish state-owned financing company Finnvera.

In April 2012, Sipilä announced his candidacy for the chairman's position in the party congress of the summer.

On June 9, 2012, the party congress elected him chairman.

He beat Tuomo Puumala in the second round by 1251 to 872 delegate votes.

After leading the Centre party to victory in the 2015 general election, Sipilä formed a centre-right coalition and was appointed Prime Minister by the Finnish Parliament on 29 May 2015.

Sipilä had been in control of the state owned companies including Fortum since the end of 2015.

The Prime Ministers of Finland have not had the control of state companies previously.

Sipilä led his party to victory in the 2015 election, where the Centre Party gained 14 seats compared to the previous election.

With 30,758 personal votes he was the most popular candidate in the election.

Following the election, he was tasked with forming a government coalition; and as the leader of the Centre Party, he began formal negotiations with the Finns Party and the National Coalition Party and formed a three-party majority coalition.

Sipilä's government struggled with Finland's poor economic performance, caused according to Paul Krugman and others by the constraints of its eurozone membership and aftershocks from the European debt crisis, but also by the decline of the paper industry, the fall of Nokia and a diminution in exports to Russia.

Its attempts to address the problems through policies of spending cuts and reducing labour costs were controversial, particularly cuts to education spending that were seen as threatening Finland's successful public education system.

These austerity measures were partly implemented due to European Commission pressure, which urged Finland to improve its adherence to the Stability and Growth Pact and reform its labour market to improve competitiveness.

On 22 July 2015, Sipilä announced his government's commitment to reducing Finnish wage costs by 5% by 2019, an internal devaluation caused by Finland's loss of the ability to devalue its currency to boost competitiveness.

There were protests against the government's austerity measures.

Prime Minister Juha Sipilä lobbied for Chempolis in India in 2016.

Chempolis issued a press release on its joint venture with India's Numaligarh Refinery to build a biorefinery in North East India (Assam) for the production of bioethanol following meetings between Prime Minister Narendra Modi, India's Finance Minister Arun Jaitley and Finland's Prime Minister Juha Sipilä on 12–14 February 2016.

According to YLE TV News in 2017, the majority state-owned energy company Fortum saved Chempolis from bankruptcy by investing 6 million euros into the company in October 2016.

Thereafter, children of Sipilä owned 5% of the company and Fortum 34%.

In summer 2017, Finns Party split into two parties, namely Blue Reform and the current Finns Party.

The Blue Reform members of the former Finns Party, including all ministers, remained in the government after the split.

On 8 March 2019, Sipilä stated his intention to resign as Prime Minister, citing difficulties in reforming Finland's health care system.

President Sauli Niinistö asked him to continue with a caretaker government until a new government coalition was appointed on 6 June 2019 and was ultimately succeeded by Antti Rinne.