facts and contacts Business Opportunities above ordinary Contents

Five reasons to do business in Lapland 03 Dare to be more creative, SUSTAINABLE TOURISM dare to seek bold and meaningful ON THE RISE 05 ideas. Do business that POTENTIAL FOR THE BIOECONOMY transforms the ordinary. FROM NATURAL RESOURCES 06 SUCCESSFUL INDUSTRY IN UNIQUE CONDITIONS 07 Lapland’s pure Arctic nature and natural resources form the backbone of a sustainable business environment. STABLE ENVIRONMENT SUPPORTS MINING OPERATIONS The unique conditions and connection with nature 08 have always generated ideas and innovations in Lapland. TOP EXPERTISE The creative business culture enables growth-producing IN ARCTIC RESEARCH 09 business operations for bold investors and companies. OPPORTUNITIES The Northern operating culture, supported by IN SUBCONTRACTING NETWORKS 10 collaboration and community, is based on networks, in which strict hierarchies do not define all activities. IMPORTANT CONTACTS 11 Lapland is stable and practical, which opens opportunities for long-term business. Five reasons to do business in Lapland

Connection to nature Courage 01 creates sustainability 03 leads to profit In Lapland, there is the ability to understand nature and utilise it sus- The business culture involves courage, which can be seen in the tainably. Sustainability and operating with nature is part of everyday investments and reactions to the changing world. In Lapland, the business in Lapland. number of companies increases annually by five-hundred, and top Lapland has renewable forest resources, mineral deposits and products are created in the region. Northern natural products. Pure nature, together with natural phe- International interest towards the north is increasing strongly. nomena, are important attractiveness factors for the tourism industry. Lapland is seen as a trendy and interesting destination.

Innovations Effective 02 from unique conditions 04 collaboration The exceptional conditions of Lapland inspire innovations. The In Lapland, work is carried out with the spirit of doing things togeth- Northern location provides opportunities for many business sectors. er and at a low hierarchy. The development companies are regional The winter is long, with an abundance of snow, and experts which help companies with their challenges. can be experienced in the summer. The main industries have regional clusters, in which innovations The active border areas with the three neighbouring states and the are created, and result-forming marketing is carried out together. cross-border collaboration provide the region with a lot of potential.

Practicality 05 supports business Lapland is a stable and functional place for businesses. The airports, ports, railway network and highways connect Lapland to Southern and other countries. The comprehensive data connections make sure Lapland is close to the rest of the world. Higher education institutes and vocational academies train strong professionals and develop top expert skills.

3 hammerfest

vads 5 airports and Biggest industries: kirkenes 2 ports UTSOKI metal and forest alta industry, Fixed broadband tourism, mining and 5G expanding murmansk

KILPIS- Inari RVI Green energy IVALO with reasonable prices

ENONTEKI saariselkä Big investment projects ongoing levi businesses kiruna KITTIL SODANKYL ylläs Cleanest air in the world 12 500 pyhä- luosto Excellent quality of life RVI Suomu

POSIO ruka KEMI kuusamo Total revenue € 14b

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Lapland is the Northernmost part of well-functioning and smart Finland. Read more about doing business in Finland and see also the practical information and guides provided by Business Finland 10 000 www.businessfinland.fi/en/do-business-with-finland/ higher education invest-in-finland/business-environment students

4 Tourism SUSTAINABLE TOURISM ON THE RISE

Lapland has a strong international brand. It’s known as a sustainable and responsible holiday destination, where beautiful and silent nature surrounds visitors. People Lapland, the wild frontier in Finland, is providing want to see the Northern Lights, the snowy landscapes, nightless nights and reindeer herds. great investment potential for nature resorts The largest tourism centres are Rovaniemi, Levi, Ylläs, utilising its magnificent benefits: cleanest air in Inari-Saariselkä, Pyhä-Luosto and Salla. The strongest Europe, tranquillity and exotic nature. growth in tourism comes from international markets.

Over three million overnight stays were annually reg- Kimmo Virtanen, Director, Christie & Co istered in Lapland, half of which were international until the Covid-19 crisis impacted tourism on a global level in 2020. Lapland’s strengths, such as cleanliness, safety and space, are even greater advantages for the tourism sector after the pandemic. Eighty per cent of international tourism’s overnight stays take place in the winter. However, the most recent Central European market survey indicates that Lapland’s snow-free period has business potential equal to winter. Lapland’s investments in year-round development, sustainability, and profitability offer new and bold op- portunities. High-quality accommodation and the pro- gramme service sector have the greatest growth potential.

Lappish tourism’s business and investment op- 2.1 million portunities at the Business Lapland online service registered overnight The number of international Summertime business stays in 2020 overnight stays has doubled potential equal to www.lapland.fi/business/tourism/ (3.1 million in 2019) between 2010-2019 that of winter

5 Bioeconomy POTENTIAL FOR THE BIOECONOMY FROM NATURAL RESOURCES

A coniferous tree grown in the north contains, The bioeconomy uses renewable natural re- e.g. various extracts compared to one grown in the south. sources to produce products, nutrition, energy and services, and the growth is based on sustain- The sugars of the tree are excellently suited as raw ability and circular economy principles. Lap- ingredients for ethanol, biogas, protein and bioplastics. land’s ample natural resources are significant for bioeconomy business operations, and there’s top Olli Dahl, Professor, Aalto University expertise in processing the resources. Two-thirds of the forest industry’s production comes from the paper industry. The investment in the bioproduct plant to be built in Kemi is the largest in Finland. A significant cluster is form- ing in Lapland around the bioindustry, which offers lots of subcontracting opportunities. The sector of natural products still has a vast amount of unutilised potential. There is a global demand for pure natural products, and Lapland has the top raw ingredients ready.

Bioeconomy production of which in Lapland the forest sector Enormous investments Read more about bioeconomy in Lapland are being made in the Natural product www.lapland.fi/business/ € € bioindustry industry growing 2.4b 1.7b bioindustry-circular-economy/

6 Industry SUCCESSFUL INDUSTRY IN UNIQUE CONDITIONS

Expertise and significant natural resources rising from the cold conditions are the basis for Lap- land’s industry. Sustainability is an important value, and there is increasing expertise in the circular industrial economy. The industrial sector is a major part of Lapland’s business operations, and every fourth Lappish job is industrial or in closely related sectors. The forest and metal industry are the region’s largest industry sectors. In 2019, the turnover of metal processing was 4.6 billion euros, and the turnover of paper and carton product production was 1.1 billion euros. Kemi-Tornio is a significant industrial concentra- As a Lappish company, pure nature is tion, but there are specialised and increasing indus- part of our everyday life, and we know trial activities in Lapland’s other provinces too. how to appreciate it. Our product is The Lappish committed labour force, and sub- environmentally friendly, and all waste stantial raw ingredients enable growth. Highways, airports, rail connections and ports ensure that from the factory is carefully recycled. products also smoothly reach the export market. Antti Lassila, Marketing Manager Potma Oy

Read more about the success and Turnover of industrial opportunities of the industry in Lapland sectors more than www.lapland.fi/business/ Increasing skills in 2 ports and good industrial-sector/ € 9b the circular economy rail connections

7 Mining STABLE ENVIRONMENT SUPPORTS MINING OPERATIONS

Lapland is Finland’s concentration of mining operations. For example, copper, cobalt, phosphorus, nickel, platinum, gold and chromite have been found in Central Lapland’s ore-rich greenstone zone. Lapland’s share of Finland’s metal The growing mining operations and ore exploration ore quarry and mining services’ turnover equates to almost activities in Lapland create new demand in the value half, and a quarter of the entire mining sector’s turnover. chain. Thus, new business operations that are There are three mines in Lapland: Outokumpu’s chromium mine in , Agnico Eagle’s gold mine in Kittilä and important for the sector are established in Lapland Boliden Kevitsa’s multi-ore mine in Sodankylä. In addition to develop and provide, for example, equipment to these, there is an industrial mineral mine in Tornio and an and various services required by the mines. amethyst mine for tourism purposes in Pelkosenniemi. Significant investments are underway and being Heino Vasara, Head of Service, Lapland’s ELY Centre planned. Mining operations are developed sustainably, and consideration towards nature and other livelihoods is aimed to be ensured. The sector has a lot of potential: several research and ore exploration projects are pending for, e.g. gold and battery minerals.

The turnover of mining operations Lapland’s share of the metal ore and quarrying in Lapland (2019) quarrying and mining services’ Read more about mining in Lapland Active ore explora- % turnover www.lapland.fi/business/mining-metal/ € 526M 47 tion operations

8 Research & Testing TOP EXPERTISE IN ARCTIC RESEARCH

The importance of this [Sodankylä’s Tähtelä] Lapland offers the best framework and station is significant. There are few stations know-how for Arctic testing and research. in the world that are as diverse, and particularly Arctic vehicle and infrastructure testing is in this type of climate zone where we are. one of Lapland’s fields of expertise. Cold and condition testing concerning Timo Sukuvaara, Finnish Meteorological Institute the motor industry is an international growth sector. There are testing facilities in Inari, Muonio, Rovaniemi and Sodan- kylä. Traffic automation and electrification increase testing needs, e.g. autonomous vehicles are tested in Arctic conditions. Lapland’s winter road environment is also being implemented for a simulator. The northern accessible location of Lap- land and the long winter provide an excellent framework for Arctic research work. For ex- ample, atmosphere, space and snow research is carried out in the north. The research is globally significant, but it can only be carried out in a few areas of the world. There are research centres and measurement stations in, e.g. Rovaniemi, Sodankylä and Pallas.

Read more about research & development in Lapland Arctic vehicle testing Multidisciplinary research Geophysical Observatory and the in Muonio, Ivalo, Rovaniemi at the Arctic Center and at Arctic Space Centre of Meteoro- www.lapland.fi/business/re- and Sodankylä the University of Lapland logical Institute in Sodankylä search-development-testing/

9 Subcontracting networks OPPORTUNITIES IN SUBCONTRACTING NETWORKS

Lapland’s key sectors, such as tourism, bioecono- my, industry and mining, require a vast network of different companies around them from other busi- ness sectors. Partners and multidisciplinary profes- sionals are required for an effective network so that everyone can focus on their key skills. Industrial sector creates demand for logistics, maintenance and cleaning services. The growth of the mining sector brings additional needs, for example for earthmoving and for the development and maintenance of mining equipment. The construction sector has been growing in Lapland during recent years, and new significant projects also indicate a demand for construction operators and various design services. On the other hand, the tourism sector’s subcontracting needs are comprehensive, from transport services to cleaning, wellness services and staff leasing service providers.

Explore the municipalities in Lapland www.lapland.fi/business/ locations/

10 IMPORTANT CONTACTS

You can immediately become part of Lapland’s network, where Networking, advocacy and education solutions are sought and found together where necessary. Relocating Lapland Chamber of Commerce yourself in Lapland is effortless, and suitable plots, premises and Tiina Ronkainen cooperation networks for business operations are located. Deputy Commissioner [email protected] House of Laplandilla – Lapin yhteisellä markkinointi- ja viestintätalolla on käytössään oma brändi-ilmeensä. Samalla se on myös taustaorganisaatio ohjelmilleen, joilla on +358 (0)40 181 7717 jokaisella omat brändinsä ja segmenttien mukaan muotoillut viestit ja kanavat. The municipalities’ business services units help with issues concerning relocation Hierarkian avulla erotellaan erilaisille kohderyhmille suunnattuja ja eri tavoin positioi- tuja Lappi-sisältöjä. Ohjelmien rooleja on avattu tarkemmin seuraavalla aukeamalla. The Regional Organization Rovaniemi Enontekiö of Enterprises in Lapland Matti Impiö Hannu Autto Johanna Mikkola Pirkka Salo Business Developer Development Director Development Manager CEO [email protected] [email protected] [email protected] [email protected] +358 (0)400 789 551 +358 (0)400 132 798 +358 (0)400 151 294 +358 (0)400 392 139 www.rovaniemi.fi www.enontekio.fi www.utsjoki.fi Lapland Centre for Economic www.businessrovaniemi.fi Muonio Pelkosenniemi Development, Transport and 7 | Ranua Kaisa Kylä-Kaila Mika Tenhunen the Environment Advisory |Financing |Development Riikka Tuomivaara Business Development Specialist Business Development Development Manager [email protected] Coordinator Eija Virtasalo [email protected] +358 (0)40 489 5153 [email protected] Head of Finance +358 (0)40 662 3700 www.muonio.fi +358 (0)40 195 0488 [email protected] www.ranua.fi www.pelkosenniemi.fi +358 (0)29 037 150 Sodankylä www.pyha.fi Pello Jukka Lokka Finnvera Finance |Loans |Guarantees Kai Korhonen Development Director Salla CEO Pellon Kehitys Oy [email protected] Erkki Parkkinen Kari Tuominen [email protected] +358 (0) 40 146 0448 Mayor Regional Manager +358 (0)40 674 4318 www.sodankyla.fi [email protected] [email protected] www.pello.fi www.businesslappi.fi +358 (0)400 393 987 +358 (0)29 460 2001 www.salla.fi Kolari Inari Business Lapland helps Nina-Maria Möykkynen Samuli Mikkola to find the right contacts Development Director Director for Business Business Lapland [email protected] & Economic Development Hanna Baas +358 (0)40 489 5007 [email protected] Program Manager www.kolari.fi +358 (0)40 635 9101 [email protected] www.yllas.fi www.inari.fi +358 (0)40 485 9877 www.lapland.fi/business BUSINESS LAPLAND 11