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Home BUSINESSFDI goes up in country in 2014
Sat, 31 Oct, 2015 12:01:40 AM
FTimes Report, Oct 31
Stocks of FDI in 2004 to 2014. Source: Foreign direct investments 2014, Statistics Finland.
Foreign direct investments to Finland increased to EUR 13.0 billion on net in 2014, according to Statistics Finland.
The heavy growth in direct investments was especially caused by business acquisitions, where significant enterprises owned by Finns were either fully or partially transferred to foreign ownership.
Internal financial arrangements by multinational groups also increased Finland's inward FDI.
The value of Finland's inward FDI was EUR 77.3 billion and that of outward FDI was EUR 96.6 billion at the end of 2014, the data show.
Thus, Finland still has more assets than liabilities from direct investments, even though, as a result of a decline in assets and increase in liabilities, international direct investment assets on net halved to EUR 19.3 billion from EUR 41.0 billion in 2013.
Examined by country group, investments to Finland mainly come from the EU area, whose combined share of the investment stock was 92 per cent in 2014.
The share of eurozone countries grew from 31 to 38 per cent, which was mainly caused by a heavy growth in investments from Luxembourg and the Netherlands.
Returns on inward FDI amounted in total to EUR 8.3 billion and on outward FDI to EUR 4.6 billion.
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