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Construction. Demand for construction equipment & materials. Over 33, ... Finnish construction companies have strong links into Russia and the Baltic ...

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business opportunities in finland

Business Opportunities in Finland

Stephen Conlon

British Embassy Helsinki

business opportunities in finland3
Business Opportunities in Finland
  • Nokia
  • Construction / Urban Regeneration
  • Shipbuilding
  • Leisure Marine
  • Energy
  • Rail
  • Consumer Goods
  • Mining
  • Forest Industries
construction
Construction
  • Demand for construction equipment & materials
  • Over 33,000 residential houses built in 2006.
  • Finnish construction companies have strong links into Russia and the Baltic States.
urban regeneration
Urban Regeneration
  • Port of Helsinki to move to new site in 2008
  • Existing site will be remediated & land-use will be changed to residential & leisure use
  • One of Europe’s largest regeneration projects.
  • West Harbour area will be converted into residential area for 22,000 people.
shipbuilding
Shipbuilding
  • Akeryards based in Turku, Rauma and Helsinki.
  • Currently have 29 cruise ships/ferries on order book. Also icebreakers
  • Supplier to Royal Caribbean and Carnival
  • Genesis 2 – 8,400 passengers and crew
  • Increasingly using turnkey suppliers
leisure marine
Leisure Marine
  • 187,888 lakes
  • Net Sales increase of 17.9%
  • Value of imported boats 36 million euros
  • Demand for marine equipment
  • Several boat builders in Finland – e.g. Swan Nautor; Bella Boats; Bellamer; Finnmarin and Terhi.
  • Russian buyers often source in Finland
energy opportunities
Currently building 5th nuclear power station. Suggestions that a 6th may be built.

New gas turbine plant being built in Espoo

Energy efficiency in industry

Reducing carbon emissions - Kyoto

Oil refining company’s engineering arm looking for contractors to work with them on global projects.

Energy opportunities
rail opportunities
Rail opportunities
  • High speed rail link to Russia – Karelia Trains
  • Upgrading of tracks
  • Increasingly outsourcing maintenance on certain areas of track
  • Metro Extension from Helsinki to Espoo
  • Freight market liberalised this year
consumer goods
Consumer Goods
  • Demand for high quality goods
  • Food & Drink – Daleside sold more beer in Helsinki in a weekend than in Wigan and Bolton combined.
  • British cheese
  • Stockmann is main department store – also has stores in Baltic States and Russia
  • Fashion – high quality and unique design
mining
Mining
  • Only EU Member State where mining activity is expanding
  • Current mining activity focused on gold, diamonds, base metals, and zinc.
  • Several UK companies already active.
  • Excellent geological databases
  • Ministry of Trade & Industry release tenders for exploitation of mines.
forest industries
Increasing demand for wood – an additional 10-15 million cubic metres needed.

Innovation leaders

Timber dispute with Russia

Paper Strike 2005

Energy needs

Forest Industries
thank you for listening

Thank you for listening

Stephen Conlon

British Embassy Helsinki

Stephen.conlon@fco.gov.uk

Telephone: +358 9 2286 5229

WWW.Uktradeinvest.gov.uk