Globalisation of entrepreneurship

Updated: 17 Dec 2020
Next update: 16 Dec 2021

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.

   

Turnover of British companies fell particularly in manufacturing and trade

According to Statistics Finland's data, foreign enterprises located in Finland generated EUR 98 billion in turnover in 2019. This was two per cent more than in the previous year. The largest turnover was generated by Swedish, German, American, Danish and British enterprises. The turnover of British companies was five per cent of the foreign enterprises located in Finland. Manufacturing was the most significant industry measured both by the number of personnel and turnover. The number of foreign enterprises increased slightly, to 4,440.

Foreign enterprises employ nearly 18.2 per cent of the personnel of enterprises operating in Finland (Appendix figure 1). The share rose slightly from the year before. The share of turnover remained unchanged at 22.8 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 7 to 40 per cent.

Statistical release