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Strong Industries in Finland

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Invest in Finland focus areas: Datacentres, Green Building, Hi-Tech Software, Mining, R&D and Innovation, Travel, Wind Energy.

Invest in Finland focus areas: Datacentres, Green Building, Hi-Tech Software, Mining, R&D and Innovation, Travel, Wind Energy.

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  • For international companies and others, Finland is an ideal location for datacentresFinland hasabundantenergy and some of the lowestenergyprices and taxes in EuropeFinland’s power grid is the most reliable in Europe Fast data links to Central Europe, Eastern Europe and RussiaFinland has many highly skilled, English-speaking IT personnelTransparent legislation provides a strong, secure basis for investmentTargets are large manufacturers, banks, IT companies, cloud service providers, and government operators and contractors
  • Major opportunities for energy efficiency companies Tighter construction standards will require much greater energy efficiency in new buildings from 2013500,000 new apartments to be built in the next 20 years €10 billion a year in repairs and renovationFinland still has a limited supply of energy efficient products and servicesOpportunities for companies that: measure and monitor energy consumption; provide turnkey energy efficiency management; plan and install hybrid renewable energy (geothermal, solar, wind)
  • Nokia’s strategy creates opportunities for other companies to attract top high-tech talentFinland is Europe’s top country for mobile technologyRapidly developing technology in a politically and economically stable countryA competitive talent/cost ratio – according to Gartner’s relative wages index, Finland (100) is far ahead of the USA (170)Finns create and do not copy. Innovations and intellectual property rights are well protectedOpportunities for high-tech companies and all organisations that use technology to their advantage
  • Finland is ideal for innovation and R&D, especially in ICT/mobile, health-bio and cleantechFinland is Europe’s top cluster for mobile professionals According to the Gartner index, Finland is 7000, Sweden 2000 and the UK 500 Base for global players for R&D in healthcare and life sciencesHome of severalmajorhealthcare ICT companiesStrongexpertise in environmental and energytechnologiesAreas of research include CO2-neutral energy production, distributed energy systems, energy efficiency, smart grids and the energy marketTarget clients are large companies with, or planning, R&D operations Finland’sworld ranking:2nd best for innovation competitiveness (ITIF study, 2011)Best for the availability of science and technology researchers (per 1,000 employed)2nd best for government investment in R&D (as a share of GDP)6th best for infrastructure (IMD world competitiveness, 2011)2nd best education system, (OECD, PISA comparison, 2009)4th least corrupt country(Transparency International, 2010)Best country in the world, based on consistently high scores in education, health, quality of life, economic dynamism and political environment (Newsweek, 2010)
  • Finland is the perfect place to develop and pilot eHealth solutions that support home livingFinland offers excellent and cost-effective eHealth infrastructure and talent Innovative companies are ready to implement new technological solutions and develop them as public-privatepartnershipsIn Finland’sgrowingeHealthsector, resources and financingareavailable for developingintegratedsolutionsTarget clients include eHealth operators, manufacturers and software developers
  • There are many active projects and opportunities in Finnish travel and tourism Gaps in the market for new operators, especially in the luxury and budget segmentsThe restaurant market is dominated by a few domestic chains, creating opportunities for new international brandsFinland has the fastesttourismgrowth in the NordiccountriesRussian visitornumbersareupsharply, drivenparticularlybyRussianswhovisit Finland to shop Finland offers a relatively safe, unspoilt environment and has four distinct seasonsFast transport links to and from the east, west and south. Helsinki Airport is on the most direct, quickest route between Europe and Asia Target clients are travel sector investors, international hotel operators and restaurant chains
  • Finland is an underserved but fast-growing new market for windpowerAn attractivefeed-intariff of 83.5 €/MWhGoodwindconditionsthroughout the yearExistinginstalledcapacity of 200 MW2,500 MW targetedby 2020; and 7800 MW laterMany international companies plan to supply technology and develop projects

Transcript

  • 1. 2013
  • 2. Invest in Finland focus areas 2013  Datacentres  Green Building  Hi-Tech Software  Mining  Research, Development and Innovation  Travel  Wind Energy
  • 3. Ideal for datacentres Why Finland 1 Finland’s power grid is the most reliable in Europe, and energy prices and taxes are some of the lowest in Europe Why Finland 2 Fast data links to Central Europe, Eastern Europe and Russia Why Finland 3 Highly skilled, English-speaking IT personnel Opportunities for Large manufacturers, banks, IT companies, cloud service providers, and government operators and contractors
  • 4. Green Building – Demand for energy efficient solutions New, tighter construction standards will require much greater energy efficiency both in new buildings and renovation Construction market that is still growing with the prospect of 500,000 new apartments to be built in the next 20 years Turnkey suppliers (integrators), companies that construct and/or renovate, including wood as a material, companies that produce and provide new energy efficient building materials as well as solutions Strong demand for renovation, infill development and energy efficiency upgrades for concrete apartment buildings Why 1 Why 2 Why 3 Opportunities for
  • 5. Hot High-Tech Platform Nokia’s strategy change creates opportunities for other companies to attract top talent A competitive talent/cost ratio – according to Gartner’s relative wages index, Finland (100) is far ahead of the USA (170) Finns create and do not copy. Innovations and intellectual property rights are well protected High-tech companies and all organisations that use technology to their advantage Why 1 Why 2 Why 3 Opportunities for
  • 6. Strong prospects in mining and minerals World-class geological survey databases and exploration services by The Geological Survey of Finland (GTK) The Green Mining Program makes Finland a global leader in the sustainable mineral industry The Finnish government prioritises mining as a key source of economic growth and foreign operators are welcome in Finland Companies that can benefit from and appreciate Finland’s first-rate infrastructure and great potential for new discoveries Active Mines and Current Projects Why 1 Why 2 Why 3 Opportunities for Precious metals Base metals Diamond Other Commodities Mine Prospect
  • 7. Right for R&D Finland is Europe’s top cluster for mobile professionals A base for global players for R&D in healthcare and life sciences, and the home of several major healthcare ICT companies Strong expertise in environmental and energy technologies Large companies with, or planning, R&D operations Finland’s world ranking:  2nd best for innovation competitiveness (ITIF study, 2011)  Best for the availability of science and technology researchers (per 1,000 employed)  2nd best for government investment in R&D (as a share of GDP)  6th best for infrastructure (IMD world competitiveness, 2011)  2nd best education system, (OECD, PISA comparison, 2009)  4th least corrupt country (Transparency International, 2010)  Best country in the world, based on consistently high scores in education, health, quality of life, economic dynamism and political environment (Newsweek, 2010) Why 1 ICT/mobile Why 2 Health-bio Why 3 Cleantech Opportunities for
  • 8. Expanding eHealth supports home living In Finland’s growing eHealth sector, resources and financing are available for developing integrated solutions Innovative companies are ready to implement new technological solutions and develop them as public-private partnerships Finland offers excellent and cost- effective eHealth infrastructure and talent eHealth operators, manufacturers and software developers Why 1 Why 2 Why 3 Opportunities for
  • 9. Burgeoning travel and tourism Gaps in the market for new operators, especially in the luxury and budget segments Finland has the fastest tourism growth in the Nordic countries, due in particular to Russians who visit Finland to shop Fast transport links to and from the east, west and south. Helsinki Airport is on the most direct, quickest route between Europe and Asia. Travel sector investors, international hotel operators and restaurant chains Why 1 Why 2 Why 3 Opportunities for
  • 10. 1000 new wind turbines by 2020 Attractive feed-in tariff of 83.5 €/MWh Project portfolio of 7800 MW Larger international renewable energy producers. Construction, operation and maintenance and other service companies from Germany, Denmark and Sweden. Finland is untapped, but fast-growing new market for wind power Why 1 Why 2 Why 3 Opportunities for