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Finland's EU policy The European Union is Finland’s most important political and economic frame of reference and community of values. The basic stance of Finland’s EU policy is to further develop the European Union and to promote growth, stability...https://valtioneuvosto.fi/en/finlands-eu-policy
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State ownership steering and ownership policy State ownership policy is active, open and pragmatic. The State develops its shareholdings using the tools of a responsible owner and aims for a long-term increase in ownership value. The premises for ...https://valtioneuvosto.fi/en/government-ownership-steering
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Frequently asked questions about state ownership steering and ownership policy Why does the State own listed companies? The listed companies in which the State has large shareholdings – Finnair (55.9 per cent), Fortum (51.26 per cent), Neste (44.2...https://valtioneuvosto.fi/en/government-ownership-steering/frequently-asked-questions-about-state-ownership-steering-and-ownership-policy
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9.10.2025 | The rolling stock company Suomen Ostoliikennekalusto Oy will be transferred from VR Group to direct state ownership and ownership steering at the Prime Minister’s Office. The transfer of ownership is a significant step in preparing for the competitive tendering of rail transport services.https://valtioneuvosto.fi/en/-/state-owned-rolling-stock-company-to-begin-operations-in-2026-
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National strategic choices for research, development and innovation policy and activities The Multiannual Plan for the Use of Government Research and Development Funding states that Finland’s future success will be built on strategic choices in re...https://valtioneuvosto.fi/en/national-strategic-choices-for-research-development-and-innovation-policy-and-activities
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26.3.2026 | On Thursday 26 March, the Economic Council led by Prime Minister Petteri Orpo held a conference on economic growth in an age of disruption.https://valtioneuvosto.fi/en/-/prime-minister-orpo-finland-should-become-a-world-class-growth-platform-for-technology-companies
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Sustainability in state-owned companies Sustainability is becoming more and more important for the competitiveness and shareholder value of companies. As an owner, the State expects companies to lead the way in sustainable business. The State’s ex...https://valtioneuvosto.fi/en/government-ownership-steering/sustainability
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9.1.2026 | The Research and Innovation Council has outlined five national strategic choices for research, development and innovation (RDI) policy and activities with a view to boosting sustainable growth and promoting economic and societal renewal while strengthening comprehensive security. The Research and Innovation Council published a report on the strategic choices on 9 January.https://valtioneuvosto.fi/en/-/national-strategic-priorities-for-rdi-policy-and-activities-aim-to-boost-sustainable-growth-promote-renewal-and-strengthen-comprehensive-security
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23.4.2025 | Prime Minister Petteri Orpo’s Government has agreed on the General Government Fiscal Plan for 2026–2029. The decisions focus on reinforcing the conditions for economic growth and enhancing the security of Finland and the Finnish people. At the same time, the Government will ensure that public finances are sustainable. The growth package will be financed responsibly through measures to increase general government revenue and reduce expenditure.https://valtioneuvosto.fi/en/-/orpo-government-decisions-in-mid-term-policy-review-session-will-strengthen-finland-s-competitiveness-and-security
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13.6.2025 | The Government approved Finland’s participation in the third capital increase of IDB Invest, an investment company of the Inter-American Development Bank Group. Through the capital increase, IDB Invest will boost its lending and investments in the private sector and improve its risk-taking capacity and ability to leverage private capital to achieve broader development goals.https://valtioneuvosto.fi/en/-/finland-participates-in-capital-increase-of-idb-invest-an-investment-company-operating-in-latin-america-and-the-caribbean
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27.3.2025 | The Government submitted to Parliament its report on industrial policy on 27 March 2025. According to the report, Finland must improve the competitiveness of its investment environment by predictable regulation and sufficient incentives. Companies must increase their intangible investments to enhance productivity and the value added. Public funding must be used more efficiently to boost new sectors and diversify the economic structure.https://valtioneuvosto.fi/en/-/1410877/government-submits-industrial-policy-report-to-parliament
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6.6.2025 | Finland welcomes the EU international digital strategy, which was published as a joint communication of the European Commission and the High Representative of the Union for Foreign Affairs and Security Policy on 5 June 2025.https://valtioneuvosto.fi/en/-/1410829/eu-publishes-communication-on-digital-foreign-policy-advocated-by-finland
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4.12.2024 | Finland must improve the competitiveness of its investment environment with the help of predictable regulation and sufficient incentives. Companies must increase their intangible investments to enhance the value added and productivity. Public funding must be used more efficiently to boost new sectors and diversify the economic structure.https://valtioneuvosto.fi/en/-/1410877/industrial-policy-strategy-has-been-published
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26.2.2025 | The Research and Innovation Council requests comments on the strategic choices for RDI policy and activities to be submitted between 26 February and 10 March. The preparation group of the Research and Innovation Council decided on the proposals for choices to be circulated for comments at its meeting on 25 February.https://valtioneuvosto.fi/en/-/proposals-for-national-strategic-choices-for-rdi-policy-and-activities-circulated-for-comments-
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22.4.2026 | Prime Minister Petteri Orpo’s Government has agreed on the General Government Fiscal Plan for 2027–2030. Both the global economy and Finland’s finances are facing challenges. In its spending limits session, the Government focused on new targeted measures to strengthen people’s confidence in the future and improve the conditions for growth and employment.https://valtioneuvosto.fi/en/-/orpo-government-uncertain-times-call-for-measures-to-build-confidence-and-boost-growth-1
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18.6.2024 | Sustainability work in government ownership steering emphasises climate and nature work, human rights, diversity, sustainability in remuneration and companies’ responsibility for their value chains. These are the main objectives of the new state-owner’s sustainability programme, which identifies the sustainability themes most critical to the State's company portfolio and sets portfolio-level objectives and indicators for them.https://valtioneuvosto.fi/en/-/state-owner-s-sustainability-programme-addresses-key-challenges-of-company-portfolio
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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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27.4.2026 | Minister of Employment Matias Marttinen will attend the OECD’s Skills Summit in Istanbul on 27–28 April 2026. He will meet the employment ministers of Türkiye and the United Kingdom, among others.https://valtioneuvosto.fi/en/-/1410877/minister-of-employment-marttinen-to-attend-oecd-skills-summit-in-turkiye
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30.11.2023 | James Scriven, Chief Executive Officer of IDB Invest, which is a member of the Inter-American Development Bank Group, visited Finland on 28–29 November. Scriven met with Finnish businesses, which had an opportunity to showcase their expertise. IDB Invest aims to leverage private funding to Latin America and the Caribbean.https://valtioneuvosto.fi/en/-/investment-company-in-latin-america-and-the-caribbean-creates-partnerships-with-finnish-companies-xa0-
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11.7.2024 | On 11 July 2024, Finland, the United States and Canada published a trilateral declaration concerning cooperation in the production of icebreakers (ICE). The initiative was signed by the Presidents of Finland and the United States Alexander Stubb and Joe Biden and Prime Minister of Canada Justin Trudeau.https://valtioneuvosto.fi/en/-/1410877/icebreaker-initiative-means-significant-opportunities-for-finnish-industrial-policy