Industry in Finland
   HOME

TheInfoList



OR:

Industry in Finland is the second largest sector of
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 p ...
after the service sector. The production of different branches was in 2013 as follows: * metal industry 37% * chemical industry 26% *
forest industry The wood industry or timber industry (sometimes lumber industry -- when referring mainly to sawed boards) is the industry concerned with forestry, logging, timber trade, and the production of primary forest products and wood products (e.g. furn ...
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 Valmet Oyj is a Finnish company and a developer and supplier of technologies, automation systems and services for the pulp, paper and energy industries. Valmet has over 200 years of history as an industrial operator. Formerly owned by the S ...
,
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 technolo ...
) has long traditions. It In 2014, there were eight shipyards in Finland. They employ 20 000 people and export 90% of their production.
Nokia Nokia Corporation (natively Nokia Oyj, referred to as Nokia) is a Finnish multinational telecommunications, information technology, and consumer electronics corporation, established in 1865. Nokia's main headquarters are in Espoo, Finland, i ...
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 (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 engi ...
is the largest company in chemical industry. Forest industry in Finland is at the moment providing a fifth of Finland's exports, a bit less of all industrial production and 15% of jobs. Its relative importance for Finnish economy has been decreasing significantly since the 1960s.Suomen metsäteollisuus numeroina
Retrieved 12 April 2016


References

{{Finland topics