Creative solutions. Entry to the East. Competent professionals. Stable society. Invest in Finland's marketing materials of Finnish business environment.
5. Creative solutions
Finland finds unconventional solutions to conventional problems. For
example, former president Martti Ahtisaari was awarded the Nobel
Peace Prize for his ground breaking work in resolving international
conflicts.
Dynamic business and innovation environment, where both the public
and private sectors are committed to R&D investment.
Finland has been ranked one of the top countries for total expenditure
on R&D and global innovation hotspots by IMD & Harvard Business
Review.
World Economy Forum’s Global Competitive Report 2010-2011 voted
Finland as the 4th on availability of latest technologies.
Source: Harvard Business Review, World Economy Forum’s Global Competitive Report 2010-2011
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6. Entry to the East
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7. Entry to the East
Central location in Northern Europe – a fast-growing market with 80
million consumers
Long-established connections and experience in doing business with
Russia, Nordic and Baltic countries.
The fastest air route to Asia from Northern Europe and frequent flights to
10 major cities in Asia.
Extensive logistics services to support East-West trade
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8. Northern Europe
a fast-growing market with 80 million consumers
Oulu 0.3
Murmansk 0.7
Archangelsk 0.7
Petrozavodsk 0.8
Oslo 0.7
Malmö 0.5
Copenhagen 1.5
Stockholm 1.5
Moscow 18.0
Gothenburg 0.9
Kaliningrad 1.0
Minsk 3.0
Vilnius 0.5
Riga 1.0
Novgorod 0.9
St. Petersburg 7.5
Turku 0.3
Tampere 0.3
Pskov 1.0
Helsinki 1.0
Tallinn 0.5
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10. Competent professionals
Best availability of scientists and engineers in the world. Finland is
packed with an incredible diversity of competences.
One of the best education systems in the world according to OECD’s
Programme for Student Assessment (PISA) surveys, WEF’s Global
Competitiveness Report 2010-2011 and IMD 2011.
Labor costs are more competitive in Finland compared to the other
Nordic countries.
Theory and practice on equal footing – positive attitude toward the
development of commercial applications.
Source:World Ecnomic Forum’s Global Source: World Ecnomic Forum’s Global Competitiveness Report 2010-2011; OECD, PISA 2009, IMD 201112.7.2013 Presentaion name / Author10
12. Stable society
Finland is a stable society underpinned by sound public finances, high income
per capita, and an impeccable debt service record
One of the least corrupt countries in the world – with an effective social
infrastructure and governance system
Strong focus on environmental protection, education and quality of life
Pragmatic outlook geared towards consensus and continuity
Country where everything works
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Facts on Finland
Population: 5.4 million
Capital: Helsinki
Area: 338,000 km2
Neighbouring countries: Estonia, Sweden,
Norway, Russia
EU Member State
Currency: Euro
Corporate tax: 24,5%
GDP: 189,4 billion euro
GDP per capita: 35 150 euro
Key cities: Helsinki (595,384) Espoo (252,439),
Tampere (215,168), Vantaa (203,001), Turku
(178,630) and Oulu (143,909)
Finland’s success has been based on an ability to develop the society from agricultural to hi-tech modern country. The basis of the country’s competitiveness, equality and trust, was created through progress. Finland has focused on finding creative solutions to global problems. The problems the world now has to deal with are more numerous and more difficult than ever before. Solving them requires decisiveness, reliability and high-level expertise.The Finnish economy is knowledge-based and strong on innovation. It is among the top countries globally in terms of R&D spending per capita. Finnish companies and consumers are early adopters of emerging technologies, which makes Finland an ideal test bed for new solutions and technologies. FDI in Finland is often related to knowledge-driven investments. Finland has several high-tech clusters with many technology companies that have cutting-edge expertise. These include companies specializing in wireless and mobile solutions, cleantech, health care and life sciences, and new materials and processes.
Finland’s success has been based on an ability to develop the society from agricultural to hi-tech modern country. The basis of the country’s competitiveness, equality and trust, was created through progress. Finland has focused on finding creative solutions to global problems. The problems the world now has to deal with are more numerous and more difficult than ever before. Solving them requires decisiveness, reliability and high-level expertise.The Finnish economy is knowledge-based and strong on innovation. It is among the top countries globally in terms of R&D spending per capita. Finnish companies and consumers are early adopters of emerging technologies, which makes Finland an ideal test bed for new solutions and technologies. FDI in Finland is often related to knowledge-driven investments. Finland has several high-tech clusters with many technology companies that have cutting-edge expertise. These include companies specializing in wireless and mobile solutions, cleantech, health care and life sciences, and new materials and processes.
Finland offers a central location in the expanding markets of Northern Europe, which is home to 80 million consumers.Finland’s long experience of trade in Northern Europe, combined with its historical and cultural ties to neighboring countries, offers valuable insight and knowledge into the region. Finland is the ideal business gateway alsoto Russia. Most of the transit trade from the EU to Russia already passes through Finland. The countries share the same rail gauge, so rail cars do not require modification or reloading when they cross the border.Finland boasts functional infrastructure and modern logistics and communications networks.English is the common language of Finland’s highly international business community. Over 90% of Finns under thirty speak English, while Swedish is Finland’s second official language in addition to Finnish. Many Finns also speak Russian.
Finland offers a central location in the expanding markets of Northern Europe, which is home to 80 million consumers.Finland’s long experience of trade in Northern Europe, combined with its historical and cultural ties to neighboring countries, offers valuable insight and knowledge into the region. Finland is the ideal business gateway alsoto Russia. Most of the transit trade from the EU to Russia already passes through Finland. The countries share the same rail gauge, so rail cars do not require modification or reloading when they cross the border.Finland boasts functional infrastructure and modern logistics and communications networks.English is the common language of Finland’s highly international business community. Over 90% of Finns under thirty speak English, while Swedish is Finland’s second official language in addition to Finnish. Many Finns also speak Russian.
Finland’s workforce is highly educated and computer literate. The knowledge transfer between business and universities has been one of the key factors in Finland’s track record of innovation and economic success. According to WEF’s Global Competitiveness Report 2010-2011, Finland has the best availability of scientists and engineers in the world and they are trained by one of the best educational system in the world. The workforce also includes a large number of other professionals with university degrees in diverse fields. However, labor costs are lower in Finland compared to the other Nordic countries.Finland’s education system has consistently achieved outstanding results. WEF’s Global Competitiveness Index ranks the quality of Finland’s education system as the best in the world. In OECD’s Programme for Student Assessment (PISA) surveys Finnish students lead the rankings in combined learning results for science, mathematics and literacy. About a third of Finland’s working population has a degree or higher qualification.
Finland’s workforce is highly educated and computer literate. The knowledge transfer between business and universities has been one of the key factors in Finland’s track record of innovation and economic success. According to WEF’s Global Competitiveness Report 2010-2011, Finland has the best availability of scientists and engineers in the world and they are trained by one of the best educational system in the world. The workforce also includes a large number of other professionals with university degrees in diverse fields. However, labor costs are lower in Finland compared to the other Nordic countries.Finland’s education system has consistently achieved outstanding results. WEF’s Global Competitiveness Index ranks the quality of Finland’s education system as the best in the world. In OECD’s Programme for Student Assessment (PISA) surveys Finnish students lead the rankings in combined learning results for science, mathematics and literacy. About a third of Finland’s working population has a degree or higher qualification.
As a telling measure of its macroeconomic stability, Finland enjoys the highest possible status with the global credit rating agencies Fitch Ratings, Moody’s and Standard & Poors. According to the latest report from Fitch, Finland’s AAA status “is underpinned by sound public finances, a solid external position, high income per capita, demonstrable political and social stability and an impeccable debt service record”.Reliability and expertise are available in Finland, the reputation for reliability and top quality offer a good springboard. Finland has been repeatedly ranked at the top in international sustainable development indices. Finland’s multi-party democracy is characterized by a strong penchant towards consensus and pragmatic policies implemented by coalition governments. Although some Finns may complain that this makes for slightly dull politics, the system has produced a level of political stability and continuity undreamt of in most countries.American magazine, Newsweek ranked Finland as the world’s best country on the basis of criteria emphasising the environment, education and the quality of life. Thanks to strict protection measures, advanced environmental technology and research, the condition of Finnish inland water systems has improved markedly in the past few decades.