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Promotion of entrepreneurship Government Resolution on Entrepreneurship The resolution compiles Finland’s goals and objectives for the promotion of entrepreneurship at the Government level. It focuses on strategic priorities for entrepreneurship a...https://tem.fi/en/promotion-of-entrepreneurship
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Business and human rights Human rights are rights that belong to all human beings equally. All human beings are entitled to enjoy their human rights without discrimination. Human rights are indivisible, interlinked and interdependent. This means t...https://tem.fi/en/enterprises-and-human-rights
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Ministry of Economic Affairs and Employment monitors foreign corporate acquisitions and serves as national contact point for the EU screening regulation The purpose of the Act on the Screening of Foreign Corporate Acquisitions in Finland (172/2012...https://tem.fi/en/acquisitions
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Corporate social responsibility (CSR) Finnish enterprises have every potential to be among the world’s leaders in corporate social responsibility. We have long traditions in compliance with labour legislation, occupational safety and health legisl...https://tem.fi/en/social-responsibility
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Questions and answers about the act on the screening of foreign corporate acquisitions Updated 27 November 2023. Must an application/notification under the Act on the Screening of Foreign Corporate Acquisitions also be submitted for a corporate re...https://tem.fi/en/questions-and-answers-about-the-act-on-the-screening-of-foreign-corporate-acquisitions
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Supervision of space activities The Ministry of Economic Affairs and Employment supervises the space activities it has authorised. The means of supervision are the operator’s obligation to provide information, annual reporting, and the Ministry’s ...https://tem.fi/en/supervision-of-space-activities
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Maritime industry In 2023, there were nearly 1,200 companies operating in the Finnish maritime industry, with a combined turnover of EUR 11.7 billion and about 30,500 employees. The maritime industry operates in an international market where up to...https://tem.fi/en/maritime-industry
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Loans, guarantees and credits Finnvera plc is a specialised financing company owned by the State of Finland, and they provide financing for the start, growth and internationalisation of enterprises as well as for protection against risks associate...https://tem.fi/en/loans-guarantees-and-credits
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Pilot projects of the data economy growth programme Two pilot projects were already selected during the preparation phase of the growth programme. At least one more pilot project will be selected by the end of June 2025. Automation of the Port of ...https://tem.fi/en/pilot-projects-of-the-data-economy-growth-programme
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3.11.2023 | Minister of Economic Affairs Wille Rydman is pleased that the change of ownership of Helsinki shipyard has been completed, with ownership transferred to Canada’s Davie Shipbuilding from the Russian Algador Holdings.https://tem.fi/en/-/minister-rydman-welcomes-the-change-of-ownership-of-helsinki-shipyard
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21.9.2023 | On 21 September 2023, the Government authorised the Ministry of Economic Affairs and Employment to acquire Climate Fund’s (Ilmastorahasto Oy) 8.31 per cent shareholding in Neste Corporation to return the shares to direct state ownership. A total of 63,894,123 shares will be transferred to the state at the same value as they were originally transferred to the company without monetary consideration.https://tem.fi/en/-/climate-fund-s-neste-shares-returned-to-direct-state-ownership
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7.8.2025 | Finland is known as a country of responsible use of nuclear energy. Safety comes always first. Responsibility includes ensuring the funds required for nuclear waste management and for the decommissioning of facilities. An extensive legislative reform is, however, required to streamline regulation and licensing. The reform process is also driven by the need to take account of new technologies and the profitability challenges of the sector.https://tem.fi/en/-/column-reform-of-nuclear-energy-legislation-to-streamline-regulation-and-prepare-the-ground-for-future-projects
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1.6.2023 | On 1 June 2023, the Government decided to amend the Government Decree on the Ministry of Economic Affairs and Employment to add the National Drug Discovery Center Ltd under the Ministry’s mandate. The centre was previously under the competence of the Ministry of Social Affairs and Health.https://tem.fi/en/-/drug-development-centre-to-be-under-ownership-steering-of-the-ministry-of-economic-affairs-and-employment
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3.9.2020 | In an attempt to create new jobs and economic growth, the Government is planning to launch a domestic ownership programme, which involves exploring different ways to strengthen and diversify Finnish ownership base in companies.https://tem.fi/en/-/new-programme-to-strengthen-finnish-ownership-in-companies
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24.3.2021 | The domestic ownership programme presents a vision of a Finnish ownership society in 2030 where ownership is widely appreciated and ownership is considered as a common good. The culture of responsible ownership and accepting the growth in prosperity are part of the Finnish identity. The attitude to ownership is open and encouraging.https://tem.fi/en/-/report-diverse-responsible-and-competent-domestic-ownership-needed-to-strengthen-investments-growth-and-wellbeing
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5.5.2023 | The International Energy Agency (IEA) published the results of its review on Finland’s energy policy on 5 May 2023. According to the review Finland’s nuclear and renewable power strengths provide a solid foundation for reaching its ambitious climate targets. The IEA conducts country reviews of its member countries’ energy policies every five years and issues recommendations for new policy measures.https://tem.fi/en/-/iea-gives-finland-s-energy-policy-a-positive-review-again-but-challenges-remain
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24.4.2018 | In April, a major joint project with national coverage was launched to facilitate business acquisitions and successful transfers of ownership. Almost 40 per cent of small and medium-sized enterprises (SMEs) say that they face a transfer of ownership within the next ten years, according to the latest SME Barometer from the Federation of Finnish Enterprises, Finnvera and the Ministry of Economic Affairs and Employment.https://tem.fi/en/-/omistajanvaihdoksiin-tukea-yhteishankkeella-onnistuneet-yrityskaupat-tuovat-kasvua-yrityksiin-ja-alueille
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8.12.2023 | Maarit Merla has been appointed Managing Director of Finnish Drug Discovery Center Ltd. She will start in the position on 1 January 2024. Finnish Drug Discovery Center Ltd is a wholly state-owned company with special assignment, which belongs to the administrative branch of the Ministry of Economic Affairs and Employment and falls under its ownership steering. The company serves universities and research institutes, operators in clinical drug research and companies in the sector across Finland.https://tem.fi/en/-/maarit-merla-appointed-managing-director-of-finnish-drug-discovery-center-ltd
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21.4.2022 | The Government issued a resolution on entrepreneurship on 21 April 2022. By investing in a strong entrepreneurship policy Finland can diversify its business structure and create opportunities for sustainable growth for companies of all sizes. The resolution will be in effect in 2022–2027.https://tem.fi/en/-/government-issues-resolution-on-promoting-entrepreneurship
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19.9.2023 | EU Commissioner for Cohesion and Reforms Elisa Ferreira will visit Finland on 20–22 September. During her visit, Ferreira will meet Minister of Economic Affairs Wille Rydman and attend an event on future EU regional and structural policy in Mikkeli on 21 September. Commissioner Ferreira will also meet Prime Minister Petteri Orpo and Minister for European Affairs and Ownership Steering Anders Adlercreutz.https://tem.fi/en/-/commissioner-elisa-ferreira-to-visit-finland