Companies|Almost all German companies operating in Finland would recommend Finland as a location country. Despite the recession, companies also plan to invest. However, the uncertainties of the permit processes are causing irritation.
The Germans companies consider Finland a good country to operate in, according to a survey by the German-Finnish Chamber of Commerce.
As many as 95 percent of German companies operating in Finland would recommend Finland as a country of operation for foreign companies. The digital infrastructure and digital skills at all levels, the level of academic education and cooperation with the authorities receive the most praise.
In recent years, Finland has also become more competitive than Germany in terms of labor costs. Compared to the rest of Europe, Finland’s small salary increases have therefore been noticed.
At the same time, the availability of skilled labor is perceived to be better than in Germany, and the availability of labor has also improved in Finland over the past couple of years.
We are also satisfied with the price level of electricity in Finland.
Economy despite the recession, German companies are not planning to downsize, but the opposite.
Almost a quarter of the companies plan to increase their investments from the previous year, and two-thirds of the companies will invest the same amount as the previous year.
“German companies typically operate with a slightly longer time horizon, and a short-term crisis does not lead to layoffs”, CEO of the Chamber of Commerce Jan Feller says.
Every fourth German company reports that its turnover has decreased this year.
in Finland operating German companies such as Bayer, Lidl or the tool and spare parts company Würth employ a total of approximately 15,000 employees in Finland, so they are a significant employer. In total, the survey has been sent to approximately 350 companies.
Companies consider the availability of financing in Finland to be negative.
“It’s a definite shortcoming,” says Feller.
Companies also feel that in Germany it is much easier for a foreign company to receive investment support.
Towels also gets the duration and poor predictability of the permit processes. About 80 percent of companies need improvement to their current state.
According to Feller, Finland’s points as an investment destination in Germany have been weakened by the chemical company Basf’s factory project in Harjavalla.
The plant was completed four years ago and is still not operational. The environmental permit of the already built battery chemical factory was revoked. In July, it received a conditional license to operate.
“This case has done a lot of damage to Finland’s reputation in Germany. It is quoted more widely,” says Feller.
According to Feller, the constant source of dissatisfaction over the years is the level of taxation and the inflexibility of labor legislation.
Although the availability of skilled labor is now reasonably good, the immigration of workers would generally be made easier.
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