Finland top the ranking of the most attractive EU countries for foreign direct investment.

Among EU member states, Finland earns praise for its highly skilled work force, ranking first in knowledge and innovation capacity reveals a recently published study commissioned by the European Commission. This affirms Finland’s position as one of the world’s most innovative economies.  The outcome illustrates efficient and strong collaboration among Finnish industries, research institutes, university centers of innovation and government delivering disruptive technologies and innovative design.

Underpinning this talent pool, is a welcoming and stable business climate.  Finland has the most appealing political, regulatory and legal environment for foreign direct investment (FDI).  The report’s analysis point to this factor as crucial for decreasing the risks and costs of establishing and running a business in a country.

Finland was also noted as one EU country which has improved the most its cost competitiveness position due to an increase in its relative wage competitiveness combined with reductions in corporate tax rates.

The study was prepared by the Danish economic consultancy Copenhagen Economics for the European Commission’s Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs.

Read the full report: www.copenhageneconomics.com

Source: www.investinfinland.fi
Graphics: Copenhagen Economics