Founded in 1991, Solidium's original purpose was to manage the property of SKOP Bank (Säästöpankkien Keskus-Osake-Pankki; fi), which went bankrupt in the early 1990s recession.
[2] Previously, the government directly owned the stock, and transferring it to a single company was the work of Minister of Trade and Industry Jyri Häkämies.
[citation needed] Solidium acquired over 5% of Outotec Mining Technology Company's shares in March 2012, while Goldman Sachs reduced its ownership to less than 5%.
[citation needed] The Finnish state also directly owns shares of certain publicly listed companies, deemed to be strategically important, that are not in Solidium's portfolio.
The members of Solidium's Board of Directors are chairman (interim) Heikki Bergholm, Markku Hyvärinen (Varma, Tradeka), Marketta Kokkonen (Espoo municipality), Anni Vepsäläinen (Finnish Fair Corporation), and Eero Heliövaara (Ownership steering department of the Prime Minister's Office).