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6.3.2025 | The Ministry of Economic Affairs and Employment have appointed a cross-sectoral working group to prepare the reform of the Act on the Screening of Foreign Corporate Acquisitions, as outlined in the Government Programme. The Programme states that the Act will be reformed to more effectively take into account risks relating to national security, security of supply and wide-ranging influence activities.

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...

28.2.2025 | The final report of the Room for Growth project led by CEO Risto Murto contains 41 proposals for boosting economic growth and finding new ways to do business. The most important proposals have to do with supporting renewal in the business sector.

26.2.2025 | Government proposals submitted during 2024 will reduce the administrative burden on companies by approximately EUR 120 million a year. In addition, at least 133 norms harming businesses and citizens have been dismantled.

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.

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.

9.9.2024 | The Directive on Corporate Sustainability Due Diligence (CSDD Directive) entered into force on 25 July 2024. The Directive aims to promote sustainable and responsible business conduct. The new rules will ensure that companies identify the adverse impacts of their business activities on human rights and the environment and mitigate these impacts. Another objective is to create a level playing field for companies operating in the European Union.

26.9.2024 | Finland needs bold and open-minded ideas on how to boost its lagging economic growth. In the long term, growth is the only way to secure the wellbeing of Finland and the Finnish people.

23.4.2025 | FINNISH GOVERNMENT PO Box 23, FI-00023 Government, Finland vn.fi/en Tel. +358 295 16001 VALTIONEUVOSTO PL 23, 00023 Valtioneuvosto vn.fi p. 0295 16001 1(7) Putting Finland on a path to growth Making Finland the most attractive destination for inve...

27.6.2025 | On 27 June 2025, the President of the Republic approved an Act on legislation complementing the European Media Freedom Act, EMFA. The Act will enter into force on 8 August 2025. The EMFA aims to safeguard the pluralism and independence of media services in the EU and reinforce the common rules for the functioning of the internal market for media services.

22.12.2021 | On 22 December 2021, the European Commission issued a proposal for a Council Directive concerning a global minimum level of taxation for multinational groups. The proposal is based on the project to reform international income taxation, launched by the Organisation for Economic Co-operation and Development OECD.

28.6.2024 | On 24 June, the Ministerial Committee on Economic Policy decided that the Ministry of Finance would continue preparing a tax subsidy for large industrial investments that promote the clean transition. This tax subsidy would accelerate investments in the green transition.

29.4.2025 | FINNISH GOVERNMENT PO Box 23, FI-00023 Government, Finland vn.fi/en Tel. +358 295 16001 VALTIONEUVOSTO PL 23, 00023 Valtioneuvosto vn.fi p. 0295 16001 1(11) Government discussions on the General Government Fiscal Plan 22–23 April 2025 Entries in t...

20.11.2024 | Marina Erhola, Doctor of Medical Science and County Chief Executive of the wellbeing services county of Pirkanmaa, will start in the position of Under-Secretary of State at the Ministry of Social Affairs and Health on 1 January 2025. As part of her work, she will also support the Ministry of Finance in guiding the wellbeing services counties. Erhola’s duties will include the national guidance of healthcare and social welfare.

11.7.2024 | Master of Laws, Master of Science Lassi Noponen has been appointed as the Director General of the Innovation Funding Agency Business Finland. His five-year term will start on 1 September 2024.

2.1.2025 | The Ministry of Transport and Communications is requesting comments on a draft government proposal on legislation to supplement the European Media Freedom Act (EMFA). The deadline for submitting comments is 14 February 2025.

21.9.2023 | The OECD has published a new update of its Guidelines for Multinational Enterprises on Responsible Business Conduct. The Guidelines are now available in Finnish. The Ministry of Economic Affairs and Employment will organise a public webinar on the most important changes on 10 October 2023.

25.8.2025 | Speech by Prime Minister Petteri Orpo at the Annual Meeting of Heads of Mission in Helsinki on 25 August 2025. Speech to be checked against delivery.

1.3.2023 | Working group concludes it is possible to tighten monitoring of foreign real estate ownership Ministry of Defence Publication date 1.3.2023 14.00 Type: Press release The working group set up to examine further restrictions on foreign real estate a...

15.2.2024 | The promotion of work-based immigration requires that exploitation of foreign labour is effectively and proactively combatted. The new action plan for prevention of labour exploitation will tackle the phenomenon with legislative reforms and increased cooperation between the authorities during the government term.