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  Services — the engine for growth

Servicesspacer“The international operations of European service companies are of primary importance for economic development,” stresses former minister Christoffer Taxell, who was elected Chairman of the European Services Forum (ESF) last December.

 
     
 

Finnish building design sets the pace in Russia

Finnish ConstructionspacerFinnish design and consulting work in the construction industry is advancing in leaps and bounds in Russia, the Baltic states and eastern Europe. With the high quality, reliability and efficient operations there is plenty of demand.

 
     
 

Up-to-date through outsourcing

PrewisespacerIn the pharmaceuticals industry some outsourcing is general in R&D. Orion Corporation is investing in its partnership network, which comprises researchers and service companies.

 
     
 

Ollila one of the five wise men

Jorma OllilaspacerJorma Ollila, the Chairman of the Board of Directors of mobile phone giant Nokia was last December elected vice-chair of a group of five wise men who will ponder the EU’s future.

 
     
 

Finnish pupils at the top

Finnis pupilsThe competence of Finnish 15-year-olds in natural sciences, mathematics and reading skills is at the top of the international league table.

 
     
 

Energy efficiency takes big strides forward

EnergyspacerNew energy efficiency agreements are a response to Finland’s challenging energy targets. Improvements in efficiency are important for controlling climate change all over the world.

 
     
 

 

Read more at www.finnfacts.fi/english/newsletter

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Key Indicators
 

Big future for services
The growing significance of services as the engine for economic activity is widely recognized. Services represent two-thirds of the EU’s gross domestic product and those working in it, and this includes Finland, where the service sector has in many respects traditionally been less developed than elsewhere in Europe.

Gentle fall from peak continues
The business trend in Finland is still better than normal in almost all sectors. The peak, however, seems to have been left behind in line with expectations.

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