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Published: 26 November 2010

The turnover of foreign affiliates located in Finland fell
in 2009

According to Statistics Finland, the total turnover of foreign affiliates located in Finland was approximately EUR 67 billion and they employed nearly 225,000 persons in 2009. Compared with 2008, the turnover went down by around 24 per cent and the number of personnel by about seven per cent. The turnover accounted for about 20 per cent of the turnover of all enterprises operating in Finland and the share of the personnel was 15.5 per cent. In terms of both turnover and number of persons employed, the most significant owner country was Sweden.

Proportion of foreign affiliates of enterprises in Finland 2004–2009

Proportion of foreign affiliates of enterprises in Finland 2004–2009

In 2009, around 3,000 foreign affiliates operated in Finland. Foreign affiliates made up approximately one per cent of all enterprises located in Finland. The ultimate ownership of the foreign affiliates was divided between 49 countries. Examined by number, Swedish affiliates were the most common in Finland. U.S. affiliates made up the second-highest proportion, and German affiliates were in the third place.

Measured with both turnover and number of persons employed, the operation of foreign affiliates diminished in almost all industries. Measured with turnover, the operation of foreign affiliates was most significant in the industries of wholesale and retail trade activities, where their turnover amounted to over EUR 26 billion. This was more than 24 per cent of the turnover of the whole industry. Measured in relative terms, the most significant turnover was generated in information and communication activities. Foreign affiliates produced around 32 per cent of the total turnover of these activities.

Measured with the number of persons employed, the operation of foreign affiliates was most significant in the manufacturing industry, where they employed about 69,000 persons in 2009. Measured in relative terms, the most important employer was financial and insurance activities, where over 32 per cent of all personnel worked in foreign affiliates.


Source: Foreign affiliates in Finland 2009, Statistics Finland

Inquiries: Jukka Pakola (09) 1734 2982, Mari Rantanen (09) 1734 2451, tytaryhtiot@stat.fi

Director in charge: Leena Storgårds

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Updated 26.11.2010

Referencing instructions:

Official Statistics of Finland (OSF): Foreign affiliates in Finland [e-publication].
ISSN=2242-2552. 2009. Helsinki: Statistics Finland [referred: 28.3.2024].
Access method: http://www.stat.fi/til/ulkoy/2009/ulkoy_2009_2010-11-26_tie_001_en.html