Increasing Investments in Finnish Industry - Investments in Research and Development of Particular Interest

R&D statistics

Helsinki, 28 June, 2005 — Increasing Investments in Finnish Industry - Investments in Research and Development of Particular Interest

The fixed investments in Finnish industry are predicted to increase this year 10 percent. The investment rate will still remain relatively low due to the fact that the fixed investments shrank in 2003. Investment in research and product development increased last year both in Finland and abroad. It is predicted that this will continue in Finland this year.

The fixed investments in Finnish industry are predicted to increase this year 10 percent. The investment rate will still remain relatively low due to the fact that the fixed investments shrank in 2003. Investment in research and product development increased last year both in Finland and abroad. It is predicted that this will continue in Finland this year.

Following the investment survey by the Confederation of Finnish Industries EK, the value of the investments by Finnish industry is this year approximately 3,7 billion euro. The value was in 2004 3,3 billion euro after a reduce of 4 percent from the previous year.

Increase in investments is noted above all in the chemical industry, as well as in machinery production and energy. Investments will, however decrease in metal refining, building material and clothing industry.

Investment rate will this year increase to 12 percent, as it was the previous year 11 percent. The rate exceeded in 2001 15 percent.

Business’ research and development was improving last year. Investment in R&D increased both in Finland and abroad with 6 percent from the situation in 2003. This year it will further increase in Finland with approximately 3 percent, but outside Finland there seems to be a decrease with 2 percent.

Additional information:
Filip Hamro-Drotz
phone +358-40-5108317

More information
filip.hamro-drotz@ek.fi
http://www.ek.fi