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)
Key exchange rates:
Interest rate: 1%
Current inflation: 4.1%
Tax rate: 22%
Major Finnish owned companies:
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 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 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.