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1.6.2026 | In many respects the Finnish growth funding market works well, but there are still blind spots related to access to funding. In particular, small and innovative growth companies and large financing rounds in the scale-up and investment phase require more diverse funding solutions. This is the conclusion of the new situational picture of growth funding compiled by the Ministry of Economic Affairs and Employment.https://valtioneuvosto.fi/en/-/1410877/growth-funding-needs-more-private-capital-and-increasingly-diverse-financial-instruments
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5.6.2025 | The Government decided on 5 June 2025 that the Ministry of Economic Affairs and Employment may capitalise Finnish Industry Investment Ltd (Tesi) by EUR 100 million. The capitalisation will implement the Government’s decision taken in the spending limits discussion to raise Tesi’s capital by a total of EUR 300 million. The announced EUR 100 million is the instalment for 2025.https://valtioneuvosto.fi/en/-/1410877/tesi-to-receive-eur-100-million-in-additional-capital
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28.5.2025 | On 28 May 2025, the Government made decisions to complete the enhancements to the state’s private equity investment activities, as agreed in the Government Programme. Consolidation of the state’s private equity investment activities under Finnish Industry Investment Ltd (Tesi) will be completed when the acts enter into force on 30 May 2025 and the corporate restructuring takes place on 31 May 2025.https://valtioneuvosto.fi/en/-/1410877/concentration-of-state-capital-investment-activities-under-tesi-is-completed
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15.5.2025 | The Ministry for Foreign Affairs has adopted a development policy investment strategy for 2025–2027. The strategy guides the use of the appropriation allocated to development policy loans and investments in accordance with the Government Report on International Economic Relations and Development Cooperation. The general terms and conditions for development policy loans and investments are published concurrently with the strategy.https://valtioneuvosto.fi/en/-/new-development-policy-investment-strategy-emphasises-mobilisation-of-private-capital
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15.1.2026 | In the first stage, the general social security benefit will be a new social security benefit for unemployed jobseekers, replacing the existing labour market subsidy and basic unemployment allowance. The legislation on the general social security benefit is scheduled to enter into force on 1 May 2026.https://valtioneuvosto.fi/en/-/1271139/new-general-social-security-benefit-to-replace-labour-market-subsidy-and-basic-unemployment-allowance-as-from-1-may-2026
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13.6.2024 | In its meeting on Thursday 13 June, the Ministerial Committee on European Union Affairs outlined Finland's positions on the development of the EU capital markets union and on the matters to be discussed at the informal meeting of EU leaders on 17 June.https://valtioneuvosto.fi/en/-/ministerial-committee-on-european-union-affairs-discusses-development-of-capital-markets-union
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5.9.2024 | On 5 September 2024, the Government proposed to amend the Act on Finnish Industry Investment (Tesi) and to enact a new act on a wholly state-owned limited liability company known as Teollisuustuki Oy. Following the amendments, Tesi Group would be better positioned to operate as an effective state capital investment and corporate financing company.https://valtioneuvosto.fi/en/-/1410877/government-proposes-to-reform-state-capital-investment-activities
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12.6.2025 | Prime Minister Petteri Orpo called for swift reform of the EU single market in his meeting with Executive Vice-President of the European Commission Stéphane Séjourné on Thursday 12 June in Helsinki. Executive Vice-President Séjourné is responsible for prosperity and industrial strategy.https://valtioneuvosto.fi/en/-/prime-minister-orpo-calls-for-stronger-eu-single-market-commission-executive-vice-president-sejourne-visiting-finland
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10.4.2024 | The Ministry of Economic Affairs and Employment will organise a consultation round on the draft act on the new state capital investment company from 10 April to 8 May 2024. The new company will be given an industrial policy task with a stronger focus on economic growth, renewal and promotion of investments. ä.https://valtioneuvosto.fi/en/-/1410877/draft-act-on-the-state-s-new-capital-investment-company-sent-out-for-comments
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18.4.2024 | The European Union will develop its long-term competitiveness and modernise its single market. The EU leaders also plan to simplify the Union’s capital markets. These are among the objectives decided on at the special European Council in Brussels on Thursday 18 April. Prime Minister Petteri Orpo represented Finland at the meeting.https://valtioneuvosto.fi/en/-/eu-pledges-to-boost-competitiveness-and-deepen-single-market
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21.5.2024 | According to the programme of the Petteri Orpo’s Government, state capital investment activities will be enhanced by centralising them in Finnish Industry Investment Group. Since autumn 2023, the Ministry of Economic Affairs and Employment has comprehensively evaluated the various options for the implementation of corporate restructuring and has decided on a model in which the operations of Clim...https://valtioneuvosto.fi/en/-/1410877/state-capital-investment-activities-to-be-enhanced-already-in-2024-as-practical-implementation-of-corporate-restructuring-in-accordance-with-the-government-programme-proceeds
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28.7.2023 | The EU has updated its Single Market Scoreboard especially with regard to the transposition of EU legislation in 2022. The results indicate that Member States have made some progress in implementing and enforcing the single market rules despite the shock to the single market caused by Russia’s invasion of Ukraine. Finland’s performance continues to be above EU average.https://valtioneuvosto.fi/en/-/1410877/single-market-scoreboard-2022-finland-continues-to-perform-well-in-enforcing-eu-rules-
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30.5.2022 | The misallocation of labour and capital in the Finnish business sector has increased in the 2000s, which has significantly retarded productivity growth. The concentration of labour to companies with lower productivity is a key factor in retarding growth. A more efficient allocation of labour could be influenced, for example, by dismantling incentive traps and increasing labour mobility and wage competition, states a recent study by Aalto University and ETLA Economic Research.https://valtioneuvosto.fi/en/-/study-more-efficient-allocation-of-labour-and-capital-would-increase-productivity-and-economic-wellbeing
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4.9.2022 | In its meeting on 4 September, the Ministerial Committee on Economic Policy discussed measures required in the electricity derivatives market. Stabilisation measures were also discussed in the government evening session on 4 September. The proposed central government scheme is a last-resort financing option for companies that would otherwise be at risk of insolvency.https://valtioneuvosto.fi/en/-/government-proposes-measures-to-stabilise-the-electricity-derivatives-market
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4.9.2022 | In its meeting on 4 September, the Ministerial Committee on Economic Policy discussed measures required in the electricity derivatives market. Stabilisation measures were also discussed in the government evening session on 4 September. The proposed central government scheme is a last-resort financing option for companies that would otherwise be at risk of insolvency.https://valtioneuvosto.fi/en/-/10616/government-proposes-measures-to-stabilise-the-electricity-derivatives-market
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6.5.2022 | Finland’s economic growth has fallen clearly behind its peers and there is a risk that the gap will widen further. The main problems are low scalability of innovations and slow productivity growth, according to the final report of the expert working group led by Pekka Ala-Pietilä, which was submitted to Minister of Economic Affairs Mika Lintilä on 6 May 2022.https://valtioneuvosto.fi/en/-/1410877/sustainable-growth-requires-not-only-rdi-investments-but-also-an-efficient-rdi-system-more-skills-and-smart-capital
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12.1.2023 | The Commission will have extensive powers to investigate the effects of subsidies from third countries on the internal market. In addition, the Commission must be notified in advance of major acquisitions and public procurement contracts. The aim is to ensure a level playing field for companies in the EU’s internal market. The regulation entered into force on 12 January 2023 and its application will begin in stages.https://valtioneuvosto.fi/en/-/1410877/new-regulation-gives-the-eu-more-powers-to-intervene-in-third-country-aid-that-distorts-internal-market-competition-
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6.9.2022 | The State of Finland will provide fixed-term bridge financing to Fortum Corporation to mitigate the difficult situation in the Nordic electricity derivatives market. The aim of the arrangement is to strengthen Fortum’s liquidity reserves and thereby secure Finland’s energy supply.https://valtioneuvosto.fi/en/-/state-signs-bridge-financing-agreement-with-fortum-to-cover-collateral-needs-in-electricity-derivatives-market
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10.1.2022 | The European Commission has published the Single Market scoreboard that measures the implementation of the Single Market rules in the Union during 2020. The Single Market refers to the free movement of people, goods, services and capital in the EU. The Commission has extended the scope of the scoreboard to include three new policy areas: business environment for SMEs, greening of the industry, and market surveillance.https://valtioneuvosto.fi/en/-/1410877/finland-performs-comparably-well-in-implementing-eu-single-market-rules
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8.9.2021 | The updated Your Europe online service provides information and advisory services on the rights of citizens and businesses in the single market. In the future, users will be able to access electronic services of many authorities through Your Europe.https://valtioneuvosto.fi/en/-/1410877/your-europe-online-service-is-a-gateway-to-the-eu-s-internal-market