Published: 3 June 2015

Finnish affiliates abroad: nearly 4800 affiliates in 125 countries in 2013

According to Statistics Finland's data, Finnish enterprises had business activity in 4,773 affiliates located in 125 countries in 2013. Measured by the number of personnel, the activity of affiliates abroad concentrated in Europe and Asia. The personnel abroad totalled close on 528,000, of whom nearly one-third were working in EU 15 countries, nearly one-quarter in Asia and Oceania, and almost one-sixth in EU 28 countries. Examined by country, the numbers of personnel were the highest in Sweden, China, Russia and India. These data derive from data collected from enterprises.

Personnel in affiliates abroad by country group in 2013

Personnel in affiliates abroad by country group in 2013

Finnish affiliates employed the largest numbers of persons in EU 15 countries, altogether nearly 163,600 persons. In EU 15 countries, the largest industries by the number of personnel were the machinery and metal products industry (34,060 persons), and the paper industry (24,530 persons). Measured by the number of personnel, Finnish affiliates' personnel was the second biggest in Asia and Oceania, numbering good 123,740. The industries with the highest numbers of personnel in Asia and Oceania were the electrical and electronics industry (54,770 persons), and the machinery and metal products industry (36,160 persons). In EU 28 countries (excluding EU 15), the number of personnel was nearly 84,950 and the biggest industries were wholesale and retail trade (14,290 persons), and the electrical and electronics industry (12,200 persons). Of individual countries, the numbers of personnel in affiliates were the highest in Sweden (65,380 persons), China (58,620 persons), Russia (46,320 persons) and India (37,600 persons). The manufacturing industry was the most significant employer in Finnish affiliates abroad. The numbers of personnel were the highest in affiliates of the electrical and electronics industry (115,290 persons), and the machinery and metal products industry (109,010 persons).

Investments by affiliates abroad into their tangible goods amounted to nearly EUR 4.6 billion gross. Seventy-six per cent of the investments were made in Europe and 15 per cent in Asia and Oceania. In Europe, the investments focused on manufacturing industries and totalled good EUR 1.2 billion. In the EU countries, the largest investments were made by the paper industry (EUR 365 million) and in European countries outside the EU by electricity, gas and water supply (EUR 517 million). In Asia and Oceania, investments concentrated in the electrical and electronics industry (EUR 400 million) and the machinery and metal products industry (EUR 104 million). Among individual countries, investments totalled most, or EUR 920.7 million, in Russia. Examined world-wide, affiliates in the manufacturing industry invested the largest total amount of EUR 2.2 million.

The combined total turnover of Finnish affiliates located abroad amounted to almost EUR 148.3 billion. The figure describes unconsolidated turnover, in other words, it includes, for instance, intra-group trade. Forty-three per cent of the turnover was made in EU 15 countries and 15 per cent in Asia and Oceania. In EU 15 countries, the largest amounts of turnover were generated in wholesale and retail trade (EUR 13.6 billion) and in the paper industry (EUR 12.3 billion). In Asia and Oceania, the industry with the most significant turnover was the machinery and metal industry (EUR 6.6 billion). Among the industries, the highest turnover world-wide was generated by manufacturing (EUR 80.4 billion) and by wholesale and retail trade (EUR 34.9 billion). Examined by country, the turnover was highest in Sweden, EUR 33.5 billion.


Source: Finnish affiliates abroad 2013, Statistics Finland

Inquiries: Anna-Maija Paakki 029 551 3640, tytaryhtiot@stat.fi

Director in charge: Hannele Orjala

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Tables

Tables in databases

Appendix tables


Updated 03.06.2015

Referencing instructions:

Official Statistics of Finland (OSF): Finnish affiliates abroad [e-publication].
ISSN=1798-4882. 2013. Helsinki: Statistics Finland [referred: 21.6.2018].
Access method: http://www.stat.fi/til/stu/2013/stu_2013_2015-06-03_tie_001_en.html

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