NEW FDI TO FINLAND 2020
Annabella Polo 23.2.21 RESULTS 2020 INVEST IN FINLAND RESULTS 2020
34 +574 M€ 916 914 51 customers jobs proactive first visits contacting to Finland FDI LANDSCAPE IN FINLAND NEW AND ACQUIRED ESTABLISHMENTS BY FOREIGN OWNED COMPANIES IN FINLAND 2010–2020
M&A Greenfield Total
336 296 265 270 270 147 244 229 102 213 94 78 119 81 High number of 173 83 foreign companies 162 153 112 invested in Finland 72 84 55 despite Covid-19 176 189 192 194 146 146 163 90 89 98 101
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Source: Business Finland, Invest in Finland FDI LANDSCAPE IN FINLAND NEW & AQUIRED FOREIGN OWNED ESTABLISHMENTS BY ULTIMATE PARENT’S COUNTRY IN FINLAND 2016–2020
In 2020 number of 100 95 Norwegian investments 90 87 more than doubled 80 80 77 71 69 70 62 60 55 49 50
40 36 29 30 30 27 25 26 27 21 19 18 18 18 20 15 17 15 13 12 12 12 11 10 8 9 10 5 5 7 0 Sweden Norway UK USA Germany Estonia China 2016 2017 2018 2019 2020
Source: Business Finland, Invest in Finland FDI LANDSCAPE IN FINLAND NEW & ACQUIRED FOREIGN OWNED ESTABLISHMENTS BY INDUSTRY IN FINLAND 2016–2020 350 In 2020 investments focused on Business 300 services & ICT
74 250 ICT 57 56 56 Business Services 59 Health & Wellbeing 200 28 Other 66 65 95 41 Bioeconomy & Cleantech 150 76 Retail 38 Travel 63 64 20 100 16 Consumer Business 43 34 Mining 37 38 62 20 50 35 15 16 26 20 15 24 25 21 0 2016 2017 2018 2019 2020
Source: Business Finland, Invest in Finland FDI LANDSCAPE IN FINLAND NEW FDI BY FINNISH REGIONS 2020
Total 296 Uusimaa 187 Not Specified 14 Northern Ostrobothnia 14 South-West Finland 13 63% of New FDI lands Tampere Region 12 to Capital Region Northern Savo 11 Helsinki-Uusimaa Central Finland 8 Satakunta 7 Ostrobothnia 5 North Karelia 5 Central Ostrobothnia 4 Päijät-Häme 4 Kanta-Häme 4 South Karelia 3 Kymenlaakso 2 Kainuu 1 South Savo 1 Southern Ostrobothnia 1
Source: Business Finland, Invest in Finland FDI LANDSCAPE IN FINLAND FOREIGN OWNED FIRMS ACCOUNT FOR 1% OF ALL FIRMS IN FINLAND, BUT…
4 400 29 % companies of R&D
98 B€ 31 % turnover of exports
279 000 18 % jobs of workforce
Source: Statistics Finland 2020 Next update 16.12.2021 FDI LANDSCAPE IN FINLAND
ESTIMATED CONTRIBUTION OF FOREIGN OWNED COMPANIES IN FINLAND IN 2019
TURNOVER, EUR CORPORATE TAX, EUR VAT, EUR
94 600 000 000 1 400 000 000 15 500 000 000
EXPORTS, EUR EMPLOYEES VALUE ADDED, EUR
35 000 000 000 319 000 23 400 000 000
Source: Finnish Tax Administration 2020, Business Finland FDI LANDSCAPE IN FINLAND FDI INWARD STOCK OF FOREIGN DIRECT INVESTMENTS EUR billion 2015-2019
90
80 77 70 75 74 76
60 63 50
40
30
20
10
0 2015 2016 2017 2018 2019
Source: Statistics Finland 2020 Next update 17.9.2021 FDI LANDSCAPE IN FINLAND FDI INWARD STOCK 2019 TOP 10 IMMEDIATE INVESTOR COUNTRY by eur million
Sweden 21 594 Luxembourg 11 255 Netherlands 11 210 Norway 4 864 China 3 697 Denmark 3 491 United Kingdom 2 680 Germany 2 663 Ireland 2 471 France 2 021
Source: Statistics Finland 2020 Next update 17.9.2021 FDI LANDSCAPE IN FINLAND FDI OUTWARD STOCK 2019 TOP 10 DESTINATION COUNTRY by eur million
Netherlands 31 671
Sweden 25 674
Ireland 20 998
Norway 6 582
Denmark 6 579
United Kingdom 3 705
Estonia 3 703
USA 3 444
Singapore 3 195
Russia 3 126
Source: Statistics Finland 2020 Next update 17.9.2021