The most foreign-owned companies were established in the business services, health & wellbeing, and ICT sectors, which was similar to 2016. The biggest relative growth was experienced by the retail sector, with 47 new foreign companies compared to 24 in the previous year.
There are about 4,600 international companies operating in Finland, employing almost 240,000 people. These companies benefit from Finland’s top-quality business environment and world-class innovation ecosystem, including a vibrant startup scene.
“Only 1 % of the companies in Finland are foreign owned. In this sense, we are behind our neighbouring countries and we have still a lot to do in Finland and in Greater Helsinki. The value of the foreign companies is very important. They employ 16 % of the workforce and produce 22 % of the value added. “, CEO of Helsinki Business Hub Marja-Liisa Niinikoski comments.
Original story by Invest in Finland >
FDI statistics by Business Finland >