Finland Investment Climate Statement 2015

Finland is a Nordic country located in Northern Europe. Finland has a strong, stable and modern economy with a triple A credit rating. They are members of the European Union and part of the euro area. The government of Finland (GOF) is open to Foreign Direct Investment and offers a business-friendly environment. Finland offers highly skilled, educated and multilingual labor force, with strong expertise in ICT, mobile technologies and renewable energy production.The GOF has taken steps to attract foreign investment by creating a network called Team Finland to promote foreign investment and foster the country's international image. This network brings together under one umbrella the services offered through a variety of state-funded agencies. This one-stop shop aims at more effective and uniform use of public resources in order to target the promotion of exports and inward investment. Both foreign and domestic companies can equally benefit from GOF investment incentives, research and development support and innovation systems. The U.S. Embassy in Helsinki, through the Foreign Commercial Services and Political/Economic Sections, is a strong partner with U.S. businesses that wish to connect to the Finnish market.The Embassy has worked to create an affirmative and robust trade and investment agenda that works to attract investment in America and creates new markets for U.S. products and services in Finland and the broader region. Finnish counterparts are very active in the fields of information technology, energy, biotech, clean water, and other topics. With Tallinn only two hours by ferry, and Stockholm and the Arctic Circle only one hour by flight, Finland can be a good base camp for consolidating regional operations.