International direct investments in Finland to increase in 2010
International direct investments in Finland are expected to increase steadily in 2010. United Nations Conference on Trade and Development, UNCTAD estimated that the decline of international direct investments hit its all-time low by the third quarter of 2009.
Last year 128 new international companies were established in Finland. The number is about 30 percent less than in 2008. When compared to the record-breaking year 2007, the number of investments has dropped by half. The development in Finland has followed international trends.
The increase in international investments expected to take place during this year will open new possibilities for Finland.
- Finland can benefit from international investments in several sectors. International companies diversify the Finnish innovation system and bring with them capital and expertise, CEO of Invest in Finland, Tuomo Airaksinen trusts.
Developing innovation operations is one of the most significant ways of increasing productivity in Finland. According to estimations there is a lot to be improved in our innovation system: one of the biggest challenges is the lack of operators.
In addition to contributing from their expertise, international companies generate new jobs in Finland. According to Statistics Finland foreign companies employ approximately 243 000 Finns, which is about 16 percent of all employees in the country.
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