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Published: 25 November 2011

The turnover of foreign affiliates grew in 2010

The total turnover of foreign affiliates located in Finland was EUR 71 billion in 2010. These enterprises employed 215,000 persons (FTE). Compared with the year before, the turnover grew by around five per cent, while the personnel declined by the same amount. The personnel diminished particularly in manufacturing and in administrative and support service activities. This is based on the most recent data released by Statistics Finland.

Share of the turnover and personnel of foreign affiliates in entrepreneurial activity in Finland 2004–2010

Only every one hundredth enterprise located in Finland is under foreign control. However, 15 per cent of the personnel of all enterprises in Finland are employed by these about 2,950 enterprises. The respective share of turnover is even higher, around 20 per cent.

The ultimate ownership of foreign affiliates is divided between approximately 50 countries. Examined by number, Swedish affiliates were the most common, around 800. U.S. and German affiliates made up the second-highest proportion, around 450 and 300, respectively.

The comparison with the entire entrepreneurial activity in Finland is based on the annual statistics on Finnish enterprises .

Source: Foreign affiliates in Finland 2010, Statistics Finland

Inquiries: Teemu Oinonen (09) 1734 2634, Tero Luhtala (09) 1734 3327, tytaryhtiot@stat.fi

Director in charge: Leena Storgårds

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Appendix tables

• Appendix table 1. Foreign affiliates by country 2010 (25.11.2011)
• Appendix table 2. Foreign affiliates by industry 2010 (25.11.2011)

Figures

• Appendix figure 1. The number of foreign affiliates, their employees and turnover by country in 2010 (five largest countries) (25.11.2011)
• Appendix figure 2. The number of foreign affiliates, their employees and turnover by industry in 2010 (five largest industries) (25.11.2011)

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Updated 25.11.2011