More than 200 new small and medium-sized enterprises from Finland plan to start operations in Ukraine, while large Finnish companies are focused on expanding their presence. The main areas identified for investment include information technology, digitalization, green energy, innovative approaches in construction, as well as the food and processing industries. Finnish businesses are actively exploring opportunities to participate in the recovery of the Ukrainian economy and infrastructure.
This is reported by Business • Media
Key Players of Finnish Business in Ukraine
- Nokia – has supported Ukraine’s critical infrastructure for three decades, including hospitals and schools. Among the company’s new initiatives is the establishment of a defense innovation center in collaboration with Ukrainian defense sector enterprises, as well as further development of digital projects and promotion of 5G technology implementation.
- KONE – has been working on modernizing urban infrastructure since 1991, participating in projects for the reconstruction of housing stock, transport networks, and critical infrastructure facilities.
- Wärtsilä – a global player in energy-efficient solutions, offers modular power plants to Ukraine and advises the government on implementing energy efficiency and decarbonization projects.
- Sweco – a European leader in engineering services, has been operating in Ukraine since 1990. The company participates in the implementation of “green” transition projects: constructing energy-efficient housing for internally displaced persons, developing industrial parks, and implementing water purification systems.
- Hesburger – invested 6 million euros in building a frozen burger production plant in Boryspil and is actively expanding its restaurant network across Ukraine. The company’s plans include opening 10 more establishments in western regions and increasing the export of livestock products to EU countries.
Finnish Business Invests in Ukraine’s Future
More than 200 new small and medium-sized Finnish enterprises plan to enter the Ukrainian market, while large players aim to expand their operations. The most promising sectors for Finnish investors in Ukraine remain IT and digitalization, green energy, innovations in construction, as well as the food and processing industries. Finnish companies are interested in increasing investments and are eager to contribute to the country’s recovery process.
The activation of Finnish investments in strategically important sectors opens new opportunities for the Ukrainian economy in both the short and long term. The participation of global companies will contribute to the modernization of infrastructure, the implementation of modern technologies, and the development of exports.