Like the other Nordic countries, Finland is a frequent collaborator with Sweden and a key market for Swedish companies that are expanding internationally.
This report presents the first Business Climate Survey of Swedish companies operating in Finland, a comprehensive overview of the current business environment in Finland. Although the overall economic environment has been challenging, Swedish companies in Finland have demonstrated resilience, with 59 per cent of respondents reporting being profitable.
Finland’s long, shared history and close ties with Sweden are reflected in their similar legal systems, economic models, and cultural connections. Many Swedish companies regard Finland and the Nordic countries as a natural first step in expanding to other markets.
The ‘Swedish brand’ contributes to some extent to helping companies seeking to establish and grow their presence in the Finnish market. According to respondents, Sweden is associated with quality, sustainability and innovation. The data indicates, however, that the Swedish image holds varying degrees of importance depending on company size, industry, and age.
The strong relationship between Finland and Sweden fosters collaboration and mutual growth in different sectors, such as the tech, maritime and manufacturing industries. There are also opportunities related to the energy sector, like renewable energy technologies and sustainable energy solutions.
Want to read a full overview of the survey results with detailed analysis? Download the report today.
ABOUT THE SURVEY
To gain a deeper understanding of the experiences and perspectives of Swedish companies operating abroad, Team Sweden conducts annual Business Climate Surveys in markets around the world. This first Business Climate Survey for Finland was conducted with the participation of 56 Swedish companies active in the Finnish market. The respondents represent a diverse range of business profiles and sizes.
We sincerely thank all who took the time to participate in the survey and contribute their thoughts and experiences, which have been instrumental in shaping this inaugural edition of the Business Climate Survey for Finland. Team Sweden in Finland is proud to continue fostering strong bilateral relations between Sweden and Finland and hopes this report can serve as a valuable resource for Swedish companies looking to navigate and succeed in the Finnish market.
