Globalisation of entrepreneurship

Updated: 18 Dec 2018
Next update: 19 Dec 2019

The statistics on foreign affiliates in Finland describe the activities of foreign affiliates located in Finland. The data can be used to assess the global networking of enterprises, which is a part of the globalisation process. In addition, the data are used when describing the ownership structure of enterprises operating in Finland and assessing their attractiveness to foreign enterprises or other institutions. The statistics are based on Regulation (EC) No 716/2007 of the European Parliament and of the Council.

Statistics Finland has renewed its production of business statistics. The data of the statistics on foreign affiliates in Finland in 2013 are, therefore, not comparable with the previous releases of the same statistics. The main changes related to the Standard Industrial Classification, harmonisation of business data (e.g. turnover and personnel data) and enterprise reorganisations, as well as deduction rules, with which the enterprise of establishment group of the statistics is formed.

   

Foreign affiliates significant in manufacturing

According to Statistics Finland's data, the turnover of foreign enterprises located in Finland was EUR 92.2 billion in 2017. This was nine per cent more than in the previous year. The industry of manufacturing was most significant in terms of both the number of personnel and turnover. Most turnover was generated by Swedish, German, American, Swiss and Danish enterprises. Swedish enterprises accounted for 22.1 per cent of the turnover of foreign enterprises located in Finland. Foreign enterprises employed 254,980 persons, which is slightly more than in the year before. The number of foreign enterprises decreased slightly, to 4,308.

Foreign enterprises employ 17.5 per cent of the personnel of enterprises operating in Finland (Appendix figure 1). The share increased slightly from the year before. The share of turnover went up slightly to 22.4 per cent of the turnover of enterprises operating in Finland. However, the shares vary considerably by industry. In the main industries, the shares of turnover and personnel vary from eight to 42 per cent.

Statistical release