The Orange Company spins off Palvelutili for providing services for government-issued digital vouchers

Smartum, a pioneer in well-being in Finland, announced that will be divided into three companies on 1 March 2017. According to Jarmo Hyökyvaara , Chairman of the Board of The Orange Company, the distribution of Smartum was decided to make the growth of the company's business possible.

"Smartum has developed three different skills over the years: solutions to the well-being of working life and the public sector voucher business," Hyökyvaara says and continues: "Targeted payment processing has also become the core core of the company."

The Orange Company of Perpetrators family continues to own all three companies.

The company providing the service solution solution to the public sector is named Palvelutili (Service) Oy, and its CEO is Matti Parpala. Parpala graduated from the Helsinki School of Economics ( now Aalto University ) as a bachelor of economics and completed a two-year Master in Public Policy degree at Harvard Kennedy School. Parpala moved to the company's President and CEO from August Associates, where he worked as a consultant and marketing director.