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EU MEMBERS > Finland
Finland business environment
Doing business in Finland
KEY FACTS

Finland has a highly industrialized, largely free-market economy with per capita output roughly that of the UK, France, Germany, and Italy. Its key economic sector is manufacturing - principally the wood, metals, engineering, telecommunications, and electronics industries. Finland excels in high-tech exports such as mobile phones. Except for timber and several minerals, Finland depends on imports of raw materials, energy, and some components for manufactured goods. (CIA World Factbook)

Currency: EUR
Key exchange rates:
Interest rate: 1%
Current inflation: 4.1%
Inflation target:
Tax rate: 22%

Major Finnish owned companies:

Nokia
Nokia is the world leader in the mobile phone industry, and the number one manufacturer of mobile phones. It is also one of the leading makers of mobile networks.
Stora Enso
Stora Enso is a global paper, packaging and forest products company producing newsprint and book paper, magazine paper, fine paper, consumer board, industrial packaging and wood products. Stora Enso is included in the Global 100, a list of the 100 most sustainable companies in the world.
Neste Oil
Neste Oil Corporation is a refining and marketing company focusing on advanced, cleaner traffic fuels. They aim to be the world’s leading producer of premium-quality renewable diesel.

FIRST STOP
Banking
Bank of Finland
The Bank of Finland is Finland's central bank, national monetary authority and member of the European System of central banks and the Eurosystem.
Sampo Bank
Sampo Bank is a part of the Danske Bank Group; one of the largest financial enterprises in the Nordic region, with more than 1.1 million personal customers and more than 100,000 corporate and institutional customers in Finland.
Legal
Castrén & Snellman
A full service business law firm with 100 lawyers and 50 members of support personnel, Castrén & Snellman is one of Finland’s largest law firms.
Hannes Snellman Attorneys at Law Ltd
One of the largest law firms in Finland. They focus on transactions and conflict management by providing services in Public & Private M&A; Real Estate Transactions, Capital Markets, Finance; Employment, Tax, Dispute Resolution, Competition and Technology.
Accounting
Visma Services
Visma Services Infocon is a financial management service company that is based in Helsinki, and offers a full range of financial management outsourcing services.
Pretax
Pretax is the largest financial management services company in the Nordic countries. Their services range from accounting to finance management to payroll processing.
EUROPEAN BUSINESS ENVIRONMENT OVERVIEW
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Finland
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MAP
Capital: Helsinki
Official languages: Finnish, Swedish
Government: republic
EU accession: 1995
Area: 338,145 km2
Population: 5,244,749 (July 2008 est.)
Internet TLD: .fi
Calling code: +358
EUROCHAMBRES
Eurochambres, the European Association of Chambers of Commerce and Industry, is one of the key representatives of business to the European institutions. It voices the interests of over 19 million member enterprises in 45 European countries through a network of 2000 regional and local Chambers represented by 45 national - and one transnational - organisations. More than 90% of these enterprises are small or medium enterprises, with chamber members employing over 120 million employees.

Eurochambres is the sole European body to serve the interests of every sector and size of European business - due to the multi-sectoral membership of Chambers - and the only one so close to business, as a result of the Chambers’ regional focus.
http://www.eurochambres.eu
CHAMBER OF COMMERCE IN Finland
The chamber helps businesses succeed in Finland and in international markets. It influences legislation, taxation and economic policy in order to help build an idyllic business environment.
http://www.keskuskauppakamari.fi/en_GB/