FinnNiche1/2009 My home is my castle

My hotel is my home Strömsö_B1_Yleis_1.indd 1

Strömsö Club’s member services include a marina, restaurants, tennis, golf range and outdoor swimming pool. Plots of one hectare (2.5 acres) acres) (2.5 m 200 hectare to up one of rights Plots pool. building swimming seashore, outdoor the on and right range golf tennis, restaurants, amarina, include ac for services member Club’s everything has all, Strömsö in acres) (791 hectares 320 island, The true. come home aholiday of dream your –let island Strömsö a villa, sauna on the beach. Plot prices start at €270,000. Turnkey luxury villas also available! Contact: tel. +358 40 743 9382 or www.stromso.fi or 743 9382 +358 40 tel. Contact: available! also villas luxury Turnkey €270,000. at start prices Plot beach. the on sauna a villa, The catch of the day... the of catch The

Resting by the beach

Remo

Wish you were here

Midsummer night

Giddy-up Marina Villa Marina 2 (2,153 sq.ft) and a long shoreline allow you to realise the holiday home of your dreams; dreams; your of home holiday the realise to you allow shoreline along and sq.ft) (2,153

h

t Strömsö The Club House

More summer photos: www.stromso.fi

Marina House

Ship Ahoi Ship Ahoi Ship

Have a break

tive leisure. View from the top the from View

By the Seashore Sea Cruise Sea 16.2.2009 15.19

MAZINE.COM MAZINE.COM

4 appoints Lauri Peltola Head of Corporate Communications 8 Finn-Niche -magazine promotes Finnish-Brit ish trade and culture, 4 KONE appoints Henrik Ehrnrooth as CFO and and features other exciting and Member of the Executive Board compelling topics. PUBLISHED BY 4 to acquire the remaining outstanding Finn-Niche Ltd shares in JSB Orgresbank EDITOR-IN-CHIEF Marina Villa Markku Vartiainen 5 Bridge to Growth Have a break CONTRIBUTING EDITORS 5 New Finpro Trade Centre Päivi Ylänen, Mervi Varonen, Riikka Vartiainen, Thomas Barbieri 7 Compre’s ONE TEAM CONSEPT Sea Cruise EDITORIAL OFFICE & ADVERTISING SALES 8 GOOGLE invests in buing Remo Marina House Finn-Niche Ltd an old Paper Mill World Trade Center Aleksanterinkatu 17 FIN-00100 9 Blue1 Joins Star Alliance Company Tel: +358 50 300 0579 12 [email protected] 10 Welcome to Hotel Haven REGISTERED OFFICE: Jordan’s Courtyard 12 Mannerheim’s Way 8 Upper High Street, Thame, Oxon OX9 3ER 15 Passionate about shoes PRINTED AT 16 CITY of DREAMS: VIENNA 1900-1935 Painoyhtymä Oy Midsummer nightht Porvoo, Finland, 2009 17 Tax Changes for Non-Domiciled Individuals in Ship Ahoi ISSN 0955-6087 the UK Cover photos: courtesy of Hotel Havens 17 How to present internationally www.finn-niche.com – avoid pitfalls and be a success By the Seashore The catch of the day... Strömsö 18 FBCC

Giddy-up Ship Ahoi

View from the top

The Club House Resting by the beach

ESCAPE FOR A WEEKEND BREAK TO HELSINKI! Wish you wereMore summer here photos: www.stromso.fi URBAN GETAWAY PACKAGE Starting from 250 €/double room

Incl. Champagne, Exclusive Dinner, Best of Finland breakfast®, Shopping kit, and more Please Contact: Tel: +358 (0)20 770 4700 [email protected]. Bulevardi 2/4 Helsinki 00120 Finland www.klauskhotel.com

Strömsö island – let your dream of a holiday home come true. The island, 320 hectares (791 acres) in all, has everything for active leisure. Strömsö Club’s member services include a marina, restaurants, tennis, golf range and outdoor swimming pool. Plots of one hectare (2.5 acres) right on the seashore, building rights up to 200 m2 (2,153 sq.ft) and a long shoreline allow you to realise the holiday home of your dreams; a villa, sauna on the beach. Plot prices start at €270,000. Turnkey luxury villas also available! Contact: tel. +358 40 743 9382 or www.stromso.fi

Strömsö_B1_Yleis_1.indd 1 16.2.2009 15.19 Stora Enso appoints Lauri Peltola Head of Corporate Communications

tora Enso has appointed Lauri established organisations. He will start Member at Kykypankki, Senior Pool Ltd, Peltola (45) as the new Head of May 1st as a Partner&Senior Adviser an international Finnish agency that offers Corporate Communications. He at the communications agency Aleksin expertise of former senior executives in succeeds Kari Vainio, who retired Kaiku, based at the World Trade Centre private and public sectors. Sat the end of 2008. in Helsinki. Vainio will be, as well, a www.storaenso.com Lauri Peltola is currently Head of Group Identity and Communications of Nordea, the largest financial institution in the Nordic countries. He has previously worked as Communications Director for Metsäliitto Group and Global Media Relations Director for . Lauri Peltola will join Stora Enso dur- ing the second quarter of 2009. He will be based in Helsinki and report to CEO Jouko Karvinen. Kari Vainio will be active in two newly Lauri Peltola Kari Vainio KONE appoints Henrik Ehrnrooth as CFO and Member of the Executive Board enrik Ehrnrooth (40) has Director in Investment Banking. He has been appointed Chief Financial a M.Sc. (Econ) degree from the Swedish Officer (CFO) as of May 1, School of Economics in Helsinki. 2009. Henrik Ehrnrooth will “Henrik will bring us great international Hbe a Member of the Executive Board and experience and know-how from the finan- report to Matti Alahuhta, President & cial world,” says Alahuhta. “His proven CEO, KONE Corporation. track-record, his capability to quickly as- Ehrnrooth will succeed Aimo similate new information and his energiz- Rajahalme, who has served as CFO since ing leadership style will be great assets 1991, as well as in other financial man- for KONE.” agement roles since the beginning of his In 2008, KONE had annual net sales of employment with the company in 1973. EUR 4.6 billion and over 34,800 employ- Ehrnrooth will join KONE from ees. KONE class B shares are listed on the Goldman Sachs, where he has worked NASDAQ OMX Helsinki Ltd in Finland. since 1998, most currently as Managing www.kone.com Henrik Ehrnrooth Nordea to acquire the remaining outstanding shares in JSB Orgresbank ordea has signed an agreement right to acquire the remaining shares. a new issue of approximately EUR 100 to acquire the remaining 17.70 The transaction with the European Bank million. per cent of JSB Orgresbank for Reconstruction and Development is Following the transaction Nordea owns from the two management subject to regulatory approvals and is ex- 100 per cent of JSB Orgresbank, of which Nshareholders and the European Bank for pected to be completed in the first quarter Nordea has been a majority owner since Reconstruction and Development. of 2009. 29 March 2007. Nordea has agreed with the minor- Nordea will subsequently increase the ity shareholders to exercise its existing equity capital of JSB Orgresbank through www.nordea.com 4 Finn-Niche Bridge to Growth

K Trade & Investment is the involved there and see themselves what Government organisation that West Midland has to offer. helps UK based companies suc- There is also a Business breakfast ceed in international markets event “ UK-Your Springboard for Global Uand also assist overseas companies to Growth” in Technopolis, Otaniemi on the bring high quality investment to the UK’s 7th of May. vibrant economy. www.bridgetogrowth.co.uk Bridge to Growth seminar in Helsinki 12.3.2009 was the sixth time when 1 Advantage of West Midlands (The re- gional Development Agency) had organ- ised this type of event. The programme is an affordable and professional route to the UK markets brought together by unique co-operation of the public and private sectors. Through this programme the supporting partners bring together a wide range of benefi ts such as: • set up of a UK Limited company ( free of charge) • set up of UK bank accounts • rent free offi ce accommodation (e.g. in West Midlands) • free professional services, e.g. market analysis, legal and fi nancial advice This offers the companies an effi cient, low risk and low cost route to the UK mar- ket place. The Advantage of West Midlands semi- nars have been a great success and follow- ing this March 2009 road show the inter- ested companies are invited to visit West Bridge to Growth seminar speakers; Kari Luukkonen, UK Trade & Investment Finland, Midlands in May to meet all the partners Martin Williams, EBS, Ulf Ström, Advantage West Midlands Stockholm New Trade Centre

inpro’s newest trade centre opened on February 25th in Tunisia’s capital, Tunis. The centre is responsible for surveying the business opportunities of Finnish companies and for supporting their entry into the markets in North Africa. F- In the uncertain economic situation, new openings and inroads need to be made outside the traditional markets. The business opportunities offered by Africa continue to grow. For example, in North Africa the ICT and Cleantech sectors are expanding. Moreover the Sub-Saharan African economy is growing and economic growth of the continent’s oil-producing countries reaches even 10 percent in some places. Finnish companies have shown an increased interest towards Africa, says Anneli Virtanen, Head of Finpro Tunisia. A signifi cant factor in deciding the trade centre’s location was that the In the picture above, left : Jukka Salo and Anneli Virtanen African Development Bank (AfDB) head offi ce is also located in Tunis. from Finpro, Nacer Lahbari, Ministery of Trade and Finpro’s fi rst offi ce in Africa is located in South Africa. Handicraft s, and Laura Reinilä, the Finnish Ambassador in www.finpro.fi Tunisia.

Finn-Niche 5 9957_Anz_Englisch_Korr:9659_Anz_Englische 22.09.2008 15:44 Uhr Seite 1

It is easy when you know how, We are your ideal partner.

As the leading bank in the Nordic region There are several more good reasons, Nordea has a worldwide commitment contact us and we are happy to consult towards our customers. with you. Benefit from the best that Nordic Corporate Banking has to offer. If you want to make successful business in the UK and elsewhere, you will benefit Nordea Bank London from the following advantages with Morten Ristvedt, General Manager Nordea: +44 (0)20 7726 9104 [email protected] Tailor made cash management solutions on national and international levels. High David Andrews, Head of Finnish desk service levels from your personal relation- +44 (0)20 7726 9223 ship manager. Recognized industry [email protected] expertise and long standing commitment to Nordic corporates in the UK. Making it possible

Nordea Bank London 8th floor, City Place House, 55 Basinghall Street, London EC2V 5NB Compre’s ONE TEAM CONCEPT

ompre Administrators sitions and we have acquired on principal suppliers of solutions and Compre Nordic our own account, two Swedish for legacy insurance business. announced 2.4.2009 insurance companies in run-off We very much see ourselves that they are changing from an established and well re- as a European business and Ctheir names to Compre Services spected Swedish parent. place importance on having (UK) and Compre Services Compre now owns 100% local people in local markets. (Finland) respectively. of all its investments in insur- However, we do try to operate Compre is currently establish- ance companies. The group under a “One Team” concept ing an additional service opera- now employs around 40 peo- – under this concept the geo- tion in Sweden following their ple with fully staffed offi ces graphical location of an indi- recent acquisition of WASA in London, Helsinki, Malmo vidual is largely irrelevant as International Ins Co (now re- and Stockholm and we also we use the best skills available Mikko Sinko, named WI Insurance Company) have representative offi ces in in the entire group to ensure we Chairman, and Stockholm Reinsurance Denmark, Norway, Switzerland provide our clients with the best Compre Holdings Ltd Co, with staff transferring over and Germany. possible service.” from the previous run–off serv- “In the future, we aim to con- Mikko Sinko, Group Chair- ice company. This acquisition tinue our acquisition of compa- man summarises their out- has received approval from the nies in run-off as well as port- look; “Compre’s strong po- Swedish regulators. folios of discontinued insurance sition in the Nordic market, “The last six months has business currently embedded in with insurance companies and seen Compre grow its busi- active underwriting operations. service offi ces in Finland and ness and expand its presence in At the same time we will grow Sweden, and its main base and the Nordic market.” says Nick our service business to not only head offi ce in London form a Steer, Managing Director of manage our own acquisitions strong base for our ambitious Compre Holdings Ltd. “During but also in offering consultancy European strategy.” this period we have successfully solutions and managed services bought out our original fi nance to the global insurance industry. .-. Nick Steer, partner for our previous acqui- Our aim is to be one of Europe’s Managing Director, Compre Holdings Ltd

Compre Group Compre Holdings (UK) Service providers Acquired run-off business

Compre Services (UK) Bothnia International (Finland) Service company Insurance company in run-off

Insurance portfolios in run-off: Compre Services (Finland) Patria Re (Finland) Service company ST International (Finland) Otso (Finland)

Compre Services (Sweden) Moorgate Insurance (UK) * Service operation Insurance company in run-off WI Insurance (Sweden) Compre Broker Services (UK) Insurance company in run-off Service company Stockholm Re (Sweden) Insurance company in run-off

FIGRE (UK) Finalised insurance company

2009/4 * to be set up during 2009

Finn-Niche 7 GOOGLE invests in Finland Invest in Finland suggested Google to locate data centre in former Finnish paper mill site

ne month ago Google ac- quired a defunct Finnish pa- per mill belonging to the for- est products company Stora OEnso. The deal, worth around 40 million euros, included the factory lot and its buildings. Google aims to locate a data centre in the mill. Stora Enso and Google have agreed that part of the mill site will be further trans- ferred to the City of Hamina for one or more public purposes, such as other eco- nomic development initiatives, industrial park expansion, and public park or similar recreational areas, as deemed most appro- priate by Hamina. Paper production at Summa Mill ended in January 2008 and will not be resumed. “This transaction, as well as the pros- pect of Google’s transforming this former mill into a technology centre, represents an important milestone for Hamina and The possibility to utilise the factory “Invest in Finland supported us from the rest of south eastern Finland. Stora space in Summa was discovered by Invest the start and during the process offered us Enso hopes that Google’s interest in this in Finland, which has been Google’s alternative solutions for the investment. region encourages other companies to long-term partner in the investment pro- Summa Mill was the best one for us,” says favourably consider its strong attributes cess. The Summa region was selected Rhett Weiss from Google Inc. and highly capable people.” says Markus after comparing many different alterna- Rauramo, CFO of Stora Enso. tives. Regional Development Company www.storaenso.com Invest in Finland was Google’s long- Cursor Oy acted as the local partner in www.google.com term partner in the investment process. the Hamina region.

Invest in Finland - expert knowledge on Finland’s business opportunities any countries seek to attract foreign companies be- international business development but also professionals in their cause of the positive economic effects they bring. In different business sectors. Their most important areas of strength Finland the organisation responsible for this task on are found in the retail and services sectors, as well as in industry the national level is Invest in Finland, which is funded and technology. Mby the Ministry of Employment and the Economy. “The most signifi cant share of the foreign companies who locate Invest in Finland informs foreign companies about business in Finland come from Sweden but the USA and UK have also opportunities in Finland, compiles information about the Finnish been among the top fi ve investor countries for many years already. business environment for their needs, and assists the companies Mainly it has been the retail and service sector companies that in the location process. The biggest challenge in this work is not have found business opportunities in Finland,” says Airaksinen. about obtaining the specifi c facts about Finland, but rather iden- Last year there were 27 new companies from the UK and 15 tifying the business opportunities that exist. companies from the USA that located in Finland. “Our work requires in-depth knowledge of Finland’s different www.investinfinland.fi economic sectors and clusters. We need to identify the business objectives and potential of the foreign company and to fi nd a genuine opportunity to utilize them in Finland,” says Tuomo Airaksinen, CEO of Invest in Finland. Invest in Finland’s consultants are not only professionals in 8 Finn-Niche Blue1 Joins Star Alliance Company Plus in the UK

ondon, 2 March 2009 – The Finnish the associated benefi ts of Star Alliance, includ- carrier Blue1 will join the Star Alliance ing the redemption of points for 18 other Star Company Plus (SACP) programme in Alliance airlines frequent fl yer programmes. the UK and Ireland. To mark the expan- Lsion of the programme, triple points are be- Star Alliance Company Plus ing offered to customers, by all participating rewards First Class travel PARTICIPATING MEMBERS member airlines for all tickets booked on direct Chair of Star Alliance Company Plus in the routes from the UK in Business Class during U.K & Ireland, Jo Ashman, also confi rmed the month of March. Double points will be of- that with immediate effect, First Class travel on fered for all other bookings. participating SACP member airlines will now Blue1, part of the SAS Group, has been a be eligible for permanent double PlusPoints. Regional Star Alliance Member since 2004 and “Dividing the incentive for First and Business becomes the 10th airline to join SACP. travel into two separate categories refl ects the Blue1, Finland’s second largest airline, has investments carriers such as ANA, Lufthansa, been a Finnish SAS Group airline company SWISS and United. have made to their First since 1998. Its fl eet of 13 jets comprises Class products,” he said. The number of seven Avro RJs and fi ve Boeing MD-90s. PlusPoints for travelling in Business Class will In the UK, Blue1 operates daily fl ights from remain at the same level. London Heathrow to Helsinki with excellent onward domestic connections within Finland About Star Alliance Company and Scandinavia. On the Heathrow Helsinki Plus route, Blue1 offers a choice of two classes, SACP the fi rst and only alliance programme Economy Extra, a premium Economy service of its kind in the UK & Ireland and has been for the business traveller and Economy for lei- designed primarily for SMEs. It is an easy to sure travellers. Since February 1 the airline use system, requiring no minimum travel spend has enjoyed a codeshare with bmi on fl ights to join and there is no cost to join. It is an online to Helsinki from Aberdeen, Dublin, Glasgow, self-managed programme, accessible 24 hours London – Heathrow and Manchester. a day. It can also be managed by travel agents, “Blue1 aims to be the best regional airline for who are also welcome to join SACP, on behalf Northern European business and leisure travel- of their clients. lers. With this in mind, innovative products and SACP is available to small and medium en- service are of the utmost importance in our cus- terprises throughout the UK and Ireland. Points tomer-focused perspective. Our emphasis is on can be accumulated when fl ying with Air extensive, fl exible, and dynamic operations and Canada, ANA, Austrian, Blue1, LOT Polish Star Alliance Company Plus membership gives Airlines, Lufthansa, Scandinavian Airlines, us an extra dimension,” said Tom Christides, SWISS, TAP Portugal and United. Vice President Communications at Blue1. www.staralliance.com Blue1 passengers will continue enjoying all www.blue1.com Finn-Niche 9 Welcome to Hotel Haven – Your home, Your place

otel Haven will set a new stand- which give the Have Hotel it’s cosy and ard to Helsinki´s versatile hotel elegant charm. scene by introducing a new In connection to the Hotel Haven concept of accommodation. are two of the well known restaurants HThis homely 5 star hotel will cater to the in Helsinki, G.W.Sundsmans with it’s specifi c needs of both business and leisure Finnish kitchen and the best seafood res- travellers. taurant in town, Havis. Below Sundman’s Hotel Haven is a member of Small is a more informal Sundmans Krog, a per- Luxury Hotels of the World, a collection fect rendezvous spot. of over 440 exclusive hotels with its own There is also a fascinating vaulted wine unique character and charm, spanning cellar where visitors may sample wines more than 70 countries. under the expert guidance of cellar’s own Jaakko Puro Oy, Puroplan made the sommelier. design for the whole hotel complex and Inside the hotel is also a Day Spa for interiors according to the wishes of Royal guests facial-, hand- and foot treatments. Restaurants Oy to create a high standard, Here the British slogan “ My home is timeless and HOMY place. There Jaakko my castle” fi nds a true follow up in “ My Puro has marvellously managed to com- hotel is my home” . Roni Saari , General Manager, bine old traditions and new materials, www.royalravintolat.com Hotel Haven 10 Finn-Niche Welcome to Hotel Haven – Your home, Your place

Finn-Niche 11 Mannerheim’s Way: A Centennial Expedition on Horseback

rom 1906-8, a young Colonel, Carl Mannerheim in Poland ( down right galopping). Gustav Emil Mannerheim, the then future President of Finland, rode 10,000km through Asia from FOsh in Kyrgyzstan to Beijing in China on a mission commissioned by Tsar Nicholas II: a covert military expedition under the guise of scientifi c research. The most important legacy of the trip proved to be the enormous collection of historically important artefacts gathered by Mannerheim, his detailed expedition diary, his maps and the photographs he took documenting the landscapes, cul- tures and people he encountered. On 30th July, 2006, exactly 100 years to the day since Mannerheim’s expedition began, two Finnish men, Tony Ilmoni and Kristian Nyman, set out from Osh with four horses, a support vehicle and a changing cast of local guides, to recreate this historic epic journey In his illustrated lecture, Tony Ilmoni, journalist, fi lm director, producer and former restaurateur, recounted his trip in Asia House the 24th february this year , comparing his adven- tures to those of his illustrious forerunner.

www.mannerheim1906.com

Photos: TonY Ilmoni

Photos of Mannerheim: Mannerheim museums photo archives Mannerheim in St.Petersburg

12 Finn-Niche Finn-Niche 13 The right fit.

The law firms of Grundberg Mocatta Rakison LLP and McGuireWoods LLP announce their expansion as the two firms become one.

with more than 900 attorneys serving clients around the clock from 18 offices around the world, mcguirewoods goes where our clients take us. Providing services in the areas of corporate and commercial law, capital markets restructuring and insolvency, litigation, labour and employment, tax, private client, private equity, health care, products liability, and more.

McGuireWoods – growing to better fit our clients’ needs.

AlmAty • AtlAntA • BAltimore • Brussels • ChArlotte • ChArlottesville • ChiCAgo JACksonville • london • los Angeles • new york • norfolk • PittsBurgh • rAleigh riChmond • tysons Corner • wAshington, d.C. • wilmington www.mcguirewoods.com Passionate about shoes hat became of the boy who ran about bare-foot- ed, wanted to explore the world like Tintin, but Wended up studying politics in the U.S.? He became shoe designer Aki Choklat. Aki Choklat is a London-based world traveller with strong roots in Central Finland. Born in Jyväskylä in 1963, his path to the international design scene has had unexpected curves, a bit of good luck, and a lot of hard work. When Aki was attending primary school, sketches of shoes started to ap- pear in his schoolbooks. At the age of 12, he became fascinated by western boots and just had to have them. Buying was not an option because of the family’s tight budget. - I designed the boots myself, and sent the sketches to my mother, who was vis- iting Morocco. The leather boots were made there and though the quality was Aki Choklat is currently writing a book about his experiences in the shoe business. poor, I was very happy with them. I still Introduction to Shoe Design will be published in 2011. think that they were the best shoes I’ve ever had. business. London. He received orders from inter- - I designed shoes for the Soho market national fashion retailers such as Barneys Lucky break in Soho just to try it out. One day an Italian shoe and Harvey Nichols. He was also busy It was clear for young Aki, that he’d live producer stopped at our booth. He got in- commuting between London and Porto, abroad some day. He soon found himself terested in my designs and invited me to since he was working as head designer for working for American Express Company visit his factory in Italy. a Portuguese shoe factory. in Washington DC. The unexpected turn led to the introduc- Aki Choklat introduced his first signa- In 1995, he moved to New York. The tion of Jubaki in 2001, Aki Choklat’s first ture collection in 2006. The brand’s main office hours got longer and the pace faster. shoe collection. focus is high quality men’s shoes, but Though the pay was good, Aki was not - It was an ecstatic feeling, like the birth also a few styles for women have been happy as he craved something more than of a child. What made it really special was included. office life. that my collection went directly on dis- Aki takes great care in controlling the Aki’s distress was comforted by his play at the Milan shoe fair. Getting there quality and production of his shoes. This two sisters, who had also moved to New usually takes several years of hard work. means selecting top materials by hand, York. They were importing and selling and regular visits to suppliers and produc- Moroccan products at a street market in London calling ers. He admits that at first he had a naïve Soho. It was there that Aki had his lucky The emerging shoe business brought concept of shoe design. Now that he is break and a final push towards the shoe Aki back to Europe and he settled in teaching the trade as a visiting lecturer in the UK and Italy, he thinks it is important that the students get a realistic picture of the shoe industry. - Working as a shoe designer includes more than just sketching lovely shoes. When you have your own label, you have to be a managing director as well as a designer. You have to know your shoes Aki Choklat for Lahtiset is a inside out. collection of Finnish felt shoes www.akichoklat.com and accessories, which was launched this year. Text/photos: Mervi Varonen

Finn-Niche 15 CITY of DREAMS: VIENNA 1900-1935

sa-Pekka Salonen will be conducting the Philharmonia Orchestra in London in a series of concerts between Grammy Award for Esa-Pekka Salonen February and October 2009 to be performed in 18 cities. In Finnish conductor Esa-Pekka Salonen has received a addition, there will be chamber concerts, study days, film Grammy award in the best solo classic album category. The Eand commissioned articles exploring the music and culture of prestigious award is for his recording with violinist Hilary Vienna between 1900-1935. Hahn and the Swedish Radio Symphony orchestra of “Vienna in 1900 was a unique cultural melting pot, where mu- performances of the Arnold Schönberg and Jean Sibelius sicians, philosophers, poets, painters and scientists met together Violin Concertos. Salonen was conductor on the recording in the city’s many cafés, and created works of art and scince that released by the Deutsche Grammophon label. changed the course of history. The Grammys are the most significant awards in the United I have always believed that the music of this period has a very States music scene. The 51st Grammy Awards ceremony was special artistic significance; I hope that you will join us to hear the held on Monday 9 February early in the morning UK time. music of Mahler, Schoenberg and Berg in the context of Klimt’s The 50 year-old Salonen has been musical director of the paintings, Josef Hoffmann’s tableware and Freud’s dreams” , says Los Angeles Philharmonic Orchestra for seventeen years. Esa-Pekka Salonen. Since the beginning of the 2008 season, he has served as Artistic Advisor and Principal Conductor of the Philharmonia www.philharmonia.co.uk/vienna Orchestra in London.

16 Finn-Niche Tax Changes for Non-Domiciled Individuals in the UK

he Finance Act 2008 introduced Charge (“RBC”). However, if they want changes to the taxation of in- to use the remittance basis, they will still dividuals who are resident but need to make a claim for this on their UK non-domiciled (“non-dom”) in tax return, unless the unremitted income Tthe UK. The rules are complex and vary and gains for the year are below £2,000. depending on the length of UK residence Making the claim will result in the loss of and the amount of overseas income and UK tax allowances. gains involved. Many non-doms will now to be required to submit UK tax returns UK Resident non-doms in the and will need to understand the basis on UK for seven or more of the which the return should be prepared. previous nine tax years It should be noted that if a non-dom’s Unless the overseas unremitted income unremitted overseas income and gains for and gains for the year are below £2,000, the relevant tax year are below £2,000, non-doms over the age of 18 who have the remittance basis applies automatically been resident in the UK for seven or more without a need for a claim and without the years out of the previous nine tax years Helena Whitmore, loss of the personal allowance and capi- will have to make a claim on their tax Grundberg Mocatta tal gains annual exemption. In order to return and pay the new £30,000 RBC, if Rakison LLP check that the income and gains are below they want to be taxed on the remittance £2,000, these need to be calculated using basis for any year from 2008/2009 on- paid. Taxpayers are advised to discuss the UK rules. People may still have to pay wards. Remittance basis users in this the best method of payment with their tax tax if they make remittances. category should take professional advice advisers. If a remittance basis claim is not as a matter of urgency if they have not made tax has to be paid on worldwide in- UK Resident for less than already done so. come and gains on the arising basis. The seven out of the previous The decision whether or not to claim arising basis will be the only choice for nine tax years the remittance basis for 2008/09 will need the many non-doms whose overseas in- Those non-doms who have not yet been to be made by 31 January 2010, the due come and gains are not sufficiently large resident in the UK for seven tax years filing date for the tax return. This is also to justify paying the RBC. do not have to pay the Remittance Basis the date by which the RBC needs to be www.gmrlaw.com How to present internationally – avoid pitfalls and be a success ccording to Dr. Swallow adapting centrated on fact-based propositions while a your way of presenting according British audience is instead eager to hear the to the audience is the key in com- benefits offered to them. In Nordic countries, municating the message properly. the communication is very informal when in AUnderstanding the differences is important be- the UK the titles are very important. A Finnish cause we need to meet the expectations of our audience is also much quieter compared to a listeners. Whether we want to sell a product British one. or a service or introduce a change in working An audience is rarely an example of the practices, we need to create rapport with our two extremes, but rather somewhere between target audience. them. But one should be aware of whether The history of every culture shapes the way your audience comes from an individualist or of communication for example; many of us collectivist background, whether they think can for example recognize the basic differ- conceptually or associatively, and whether Dr. Deborah Swallow ence between the Finns and the Brits. Finns their language is expressed by doing, think- 4C International Limited as Members of Nordic countries are con- ing or being. [email protected] Finn-Niche 17 Joint Nordic Party at Maya Night Club, 16th January Shrove Tuesday Lunch, 24th February

Shrove Tuesday’s Lunch 24th February. Delicious pea soup and pancakes were served at Garbo’s restaurant!

Networking at Maya Club

Shrove Tuesday Lunch, 24th February Breakfast Event at Grundberg Mocatt a Rakison, 19th March

Th e lunch programme included a presentation about Grundberg Mocatt a Rakison LLP held a topical breakfast meeting Presenting to International Audiences – How to avoid together with FBCC about the new tax rules at their premises. the pitf alls and be a success by cross-culture specialist Deborah Swallow.

Joint Nordic Career Seminar, 3rd March Joint Nordic Career Seminar, 3rd March

Kati Järvinen from Mindwind was one Joint Nordic Career Seminar gathered members from the Danish, Norwegian and of the speakers in the Career Seminar, Finnish-British Chamber of Commerce. FBCC’s General Manager Elina Seppänen

18 Finn-Niche Finnish-British Chamber of Commerce Member Offers Flor Unikon Scandinavian Flower Shop Flor Unikon Scandinavian Flower shop is pleased to offer 10% Valitse. discount to all FBCC members on private and corporate deliver- ies. This offer applies to both individual purchases and regular Or ‘choose’ as you say in English. It’s one word you’ll Valitse.Or ‘choose’ as you say in English. It’s one word you’ll hear often when you fly with us. contracts within the London and Helsinki regions. Contact: lon- hear often when you fly with us. That’s because we That’s because we offer more options than any other airline when it comes to flying don@fl or-unikon.com, www.fl or-unikon.com. offer more options than any other airline when it comes Radisson SAS Portman Hotel to Scandinavia and Finland. You can choose from more destinations, more flights and Radisson SAS Portman Hotel in London gives special room moreto flying classes to Scandinavia.of travel. So choose You can wisely choose and flyfrom SAS. more rate £146.00 + VAT to all FBCC members. The rate includes destinations, more flights and more classes of travel. breakfast. Please quote FBCC at time of reservation in order to So choose wisely and fly SAS. qualify for the agreed rate. This rate is valid only for individual traveler booking. All rates are subject to availability. Contact: Radisson SAS Portman Hotel, 22 Portman Square, London London FromFrom W1H 7BG, Tel: (0)20 7208 600. CopenhagenStockholm £60£58 New FBCC Corporate Members Flor Unikon Scandinavian Flower Shop StockholmCopenhagen £70£64 Flor Unikon offers a professional and comprehen- Oslo £74 sive fl oral service to their clients worldwide with Oslo £76 national and international deliveries to home, of- Helsinki £90 fi ce or venue, from their three major outlets in Helsinki £77 London, Helsinki and Barcelona. Flor Unikon Always with with SAS: SAS: provides a custom-made service within the fi eld of garden Free 20kg baggage design, restoration and maintenance. Free 20kg baggage www.flor-unikon.com Free onlineonline seat seat reservation reservation EuroBonus points points 25% child discount International Business Wales 25% child discount International Business Wales promotes business opportu- nities in Wales for international businesses. International Business Wales (IBW) helps global companies to take ad- vantage of these opportunities by trading with or establishing operations in Wales, UK. http://www.ibwales.com/

FBCC Events Calendar Spring 2009 April 17th April, JCC Visit to House of Parliament 21st April, Invest in Finland Seminar at the Ambassador’s Residence 24th April, Joint Nordic JCC Party at Roof Gardens 29th April, Vappu Lunch at the Ambassador’s Residence 30th April, Nordic Networking Drinks at Scandinavian Kitchen Copenhagen Stockholm Oslo Helsinki Gothenburg Bergen Stavanger May 2009 6th May, Joint Nordic Eurovision Song Contest Quiz and flysas.co.ukCopenhagen Stockholm Oslo Helsinki Disco (NBCC) All example fares from London Heathrow one-way including taxes, correct at time of printing and subject to availability. 15th May, Economic Update at J-M Capital FlightsGothenburg to Helsinki operated by Blue1, Bergen Finnish member Stavanger of SAS Group. 26th May, Champagne Reception at Select Collection 28th May, Nordic Networking Drinks at Scandinavian Kitchen June 2009 187048_SAS_Finn_Niche_287x220_V3.indd 1 3/3/09 16:44:39 11th June, Joint Nordic Event at London Stock Exchange flysas.co.uk (DUCC) All example fares from London June, Joint Nordic JCC Party Heathrow one-way including To fi nd more information about FBCC events, please visit taxes, correct at time of printing www.fb cc.co.uk. and subject to availability.

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