Finnish Industry Investment’s portfolio companies (direct investments and funds’ portfolio companies) clearly outperformed the Finnish economy in 2014.
Last year, the portfolio companies employed a total of 43,000 people in Finland. Personnel strength increased by 3,000 employees compared to 2013: an increase of no less than 8%. At the same time, the total number of employed persons in Finland shrank by 0.4 percent. Last year, there was zero growth in the gross domestic product and in the value of exports.
Job growth in Finland
Job development in portfolio companies
The aggregated net sales of FII’s portfolio companies increased by EUR 392 million, i.e. 11 percent, compared to 2013. Finland’s GDP decreased by 0.1 percent last year.
Net sales of portfolio companies in Finland
The exports of portfolio companies grew by as much as 22 percent last year. Most of the increase stemmed from the strong growth in exports by the car manufacturer Valmet Automotive. The exports of the other portfolio companies also developed clearly more favorably (+3%) than Finland’s total exports (0%).
Clear increase in exports
Exports of portfolio companies