Cases

Defense and security company Saab has made a long-term commitment to Finland, transforming its initial presence into a hub of innovation, research, and production.

France-based Verso Energy is planning two industrial-scale e-fuel production plants in Northern Finland. The decision reflects a growing recognition among international energy players that Finland is well-positioned to play a central role in the clean energy transition.

Over the past 10 years, ABB has invested an average of EUR 55 million annually on developing its operations in Finland – and now the company has received the Long-term International Investor award from the President of Finland.

Japanese logistics giant Mitsubishi Logisnext continues to invest in more than 40 years of Finnish AGV expertise developed under the Rocla brand. Finland’s strong engineering culture and supportive R&D networks are also part of the draw.

The President of the Republic of Finland recognized AGCO Corporation with a Long-term International Investor award in November 2023. The most recent €70 million investment in Linnavuori plant will drive the development of clean energy innovations.

The global market-leading RFID and IoT solutions company Beontag has opened an R&D center in Tampere, Finland. The investment size is 40 million USD and the facility houses 50 employees. Beontag plans to invest further in machinery and equipment while simultaneously growing the workforce and working with the IoT ecosystem in Finland.

Global tech giant Tech Mahindra has operated in Finland for over a decade. Now, the Indian company has opened an innovation center in Espoo to be close to Nordic innovators in quantum computing, foundational AI, the metaverse, IoT and more.

Estonian ÖÖD Hotels, known for its unique glass cabins, is investing in Finland. The first ÖÖD cabins will be completed soon in Loviisa. The company plans to expand its operations next to Mikkeli, and discussions are underway with places like Naantali and Kuusamo.

AMADA’s warm and fruitful relationship with Finland developed gradually over time. Within a decade or so, AMADA has moved from simply partnering up with LKI Kaldman to acquiring the company and developing the operations with significant scope and reach.