Companies | Biden is the overwhelming favorite of Finland’s big companies for the presidency of the United States

Finns big corporations have a clear favorite to win the US presidential election: the Democrats Joe Biden.

The matter is clear from the recent Yrityspulssi study by financial group OP. One hundred Finnish companies with a turnover exceeding one hundred million euros responded to a survey carried out by Taloustikkusma in April–May. The research was carried out in the form of telephone interviews.

70 percent of the companies said they consider Joe Biden a Republican from their company’s point of view Donald Trump as a better option for the President of the United States. Only a few percent of respondent companies considered Trump to be a better option for them, and 27 percent of respondents did not take a position on the matter.

“Companies hope for stability in their operating environment, especially after the global turbulence of recent years – uncertainty is always poison for investments”, CEO of OP Yrityspanki Katja Keitaanniemi says in the announcement.

“Biden’s policy and its effects on international trade can be seen to be more predictable. In addition, for example, Biden’s environmental policy is more in line with the EU’s environmental policy and goals than Trump’s.”

The US presidential election will be held in November.

For research of the responding companies, almost a third do not see that the result of the US presidential election would have an impact on their own operations.

Its instead, almost half said that the final result of the European Parliament elections is important for their activities. Early voting for the European elections is currently underway.

Keitaanniemi is not surprised that the result of the European elections is more important to Finns than the result of the US presidential election.

“Finland is a strongly export-driven country and at the same time one of the countries that has benefited the most from globalization. Issues to be aligned at the EU level, such as regulation, and the security situation in the European region have a strong impact on the operations of Finnish import and export companies,” he says in the press release.