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Published: 27 November 2009

Some 16 per cent of enterprises’ personnel employed by foreign affiliates in 2008

In 2008, the total turnover of foreign affiliates located in Finland was approximately EUR 89 billion and they employed nearly 243,000 persons. Compared to 2007, the turnover increased by about 12 per cent, and the number of employed by 10 per cent. The turnover accounted for over 22 per cent of the turnover of all enterprises operating in Finland and the share of the personnel was good 16 per cent. In terms of both turnover and number of persons employed, the most significant owner country was Sweden.

In 2008, a total of 3,100 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 48 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 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 35 billion. This was over 28 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 34 per 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 more than 79,000 persons in 2008. Respectively, measured in relative terms, the most important employer was financial and insurance activities, where over 37 per cent of all personnel worked in foreign affiliates.

Proportion of foreign affiliates of enterprises in Finland 1998–2008, per cent*

* Time series is comparable starting from the year 2004.

Source: Foreign affiliates in Finland 2008, Statistics Finland

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Appendix tables

• Number of foreign affiliates by country, 2004 - 2008 (27.11.2009)
• Turnover of foreign affiliates by country 2004 - 2008 (EUR million) (27.11.2009)
• Personnel of foreign affiliates by country, 2004 - 2008 (27.11.2009)
• Number of foreign affiliates by industry (TOL 2002), 2004 - 2008 (27.11.2009)
• Turnover of foreign affiliates by industry (TOL 2002) 2004 - 2008 (EUR million) (27.11.2009)
• Personnel of foreign affiliates by industry (TOL 2002), 2004 - 2008 (27.11.2009)
• Number of foreign affiliates and their relative share by industry (TOL 2008), 2007 - 2008 (27.11.2009)
• Turnover of foreign affiliates and their relative share by industry (TOL 2008) 2007 - 2008 (27.11.2009)
• Personnel of foreign affiliates and their relative share by industry (TOL 2008), 2007 - 2008 (27.11.2009)

Figures

• Turnover of foreign affiliates in Finland 2004-2008, most important countries of controlling institutional units (27.11.2009)

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Updated 27.11.2009