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Industry In Finland
Industry in Finland is the second largest sector of Economy of Finland after the service sector. The production of different branches was in 2013 as follows: * metal industry 37% * chemical industry 26% * forest industry 19% * food, alcohol,and tobacco industries 11% * other manufacturing 5% * mining 1.5% * textile and leather industry 0.7%. Metal industry is divided to several branches. Finnish exports in 2014 included metals and metal products worth of 14.4%, machinery 12.8%, electronics 12% and vehicles 5.9%. Exports of electronics had decreased since the top years. Shipbuilding (Valmet, Wärtsilä) has long traditions. It In 2014, there were eight shipyards in Finland. They employ 20 000 people and export 90% of their production. Nokia and its subcontractors in mobile phones have dominated electronics. Chemical industry is providing roughly one quarter of Finland's industrial production and exports. It employs directly 34 000 people. Neste Oil Neste Oyj (inte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Finland
The economy of Finland is a highly industrialised, mixed economy with a per capita output similar to that of western European economies such as France, Germany and the United Kingdom. The largest sector of Finland's economy is services at 72.7 percent, followed by manufacturing and refining at 31.4 percent. Primary production is 2.9 percent With respect to foreign trade, the key economic sector is manufacturing. The largest industries are electronics (21.6 percent - very old data), machinery, vehicles and other engineered metal products (21.1 percent), forest industry (13.1 percent), and chemicals (10.9 percent). Finland has timber and several mineral and freshwater resources. Forestry, paper factories, and the agricultural sector (on which taxpayers spend around 2 billion euro annually) are politically sensitive to rural residents. The Greater Helsinki area generates around a third of GDP. In a 2004 OECD comparison, high-technology manufacturing in Finland ranked second largest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forest Industry In Finland
Forest industry in Finland consists of mechanical (timber) and chemical (paper and pulp) forest industry. Finland is one of the world's largest producer of pulp, paper and cardboard and one of Europe's largest producers of sawn timber. The forest industry directly and indirectly employs approximately 160,000 people in Finland. The industry's multiplier effects extend broadly into surrounding society. Log driving had begun by the 17th century in Finland (''tukinuitto'') with long rivers such as Oulujoki, Iijoki and Kemijoki being used. The total length of timber-floating routes in Finland was 40,000 km. Given the economic importance of the activity, the Finnish water act states that "unless otherwise provided by law, everyone has the right, without inflicting unnecessary damage, harm or disturbance, to… float timber in the water body…". A log driver competitions is still organised in Finland annually - the Tukkilaiskisat. In 2014 the value of production of forest indust ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Valmet
Valmet Oyj is a Finnish company and a developer and supplier of technologies, automation systems and services for the pulp (paper), pulp, paper and energy industry, energy industries. Valmet has over 200 years of history as an industrial operator. Formerly owned by the State of Finland, Valmet was reborn in December 2013 with the demerger of the pulp, paper and power businesses from Metso Corporation. Valmet's services include maintenance outsourcing, mill and power plant improvements, and spare parts. The company provides technology for pulp, tissue, board and paper mills and bioenergy plants. Valmet has operations in more than 40 countries and it employs about 17,000 people. Its headquarters are located in Espoo, and it is listed on the Helsinki Stock Exchange, Nasdaq Helsinki. In 2021, Valmet's net sales totaled €3.9 billion. History Historical products During its history, Valmet has made ships, trains, aeroplanes, tractors, clocks and weapons, as described in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wärtsilä
Wärtsilä Oyj Abp (), trading internationally as Wärtsilä Corporation, is a Finnish company which manufactures and services power sources and other equipment in the marine and energy markets. The core products of Wärtsilä include technologies for the energy sector, including gas, multi-fuel, liquid fuel and biofuel power plants and energy storage systems; and technologies for the marine sector, including cruise ships, ferries, fishing vessels, merchant ships, navy ships, special vessels, tugs, yachts and offshore vessels. Ship design capabilities include ferries, tugs, and vessels for the fishing, merchant, offshore and special segments. Services offerings include online services, underwater services, turbocharger services, and also services for the marine, energy, and oil and gas markets. At the end of June 2018, the company employed more than 19,000 workers. Wärtsilä has two main businesses; Energy Business focusing on the energy market, and Marine Business focusing o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nokia
Nokia Corporation (natively Nokia Oyj, referred to as Nokia) is a Finnish multinational corporation, multinational telecommunications industry, telecommunications, technology company, information technology, and consumer electronics corporation, established in 1865. Nokia's main headquarters are in Espoo, Finland, in the greater Helsinki Greater Helsinki, metropolitan area, but the company's actual roots are in the Tampere region of Pirkanmaa.HS: Nokian juuret ovat Tammerkosken rannalla (in Finnish) In 2020, Nokia employed approximately 92,000 people across over 100 countries, did business in more than 130 countries, and reported annual revenues of around €23 billion. Nokia is a public limited company listed on the Helsinki Stock Exchange and New York Stock Exchange. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neste Oil
Neste Oyj (international name: Neste Corporation; former names Neste Oil Corporation and Fortum Oil and Gas Oy) is an oil refining and marketing company located in Espoo, Finland. It produces, refines and markets oil products, provides engineering services, and licenses production technologies. Neste has operations in 14 countries. Neste shares are listed on the NASDAQ OMX Helsinki Stock Exchange. As of 2022, the Prime Minister's Office of Finland is the largest shareholder in the company, owning 35.91% of shares. In 2021, Neste was the third largest company in Finland in terms of revenue. The name "Neste" means "liquid" in Finnish. History 1948–1997 (Neste) Neste was founded in 1948 as the State petrol company of Finland with the purpose to ensure the availability of refined fuels in Finland. The company's headquarters was established in Espoo. At the time, there was no oil industry or related expertise in Finland, and the company had to start operations fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
