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Fri, 30 Sep, 2016 12:09:58 AM FTimes Report, Sep 30  Change in value added in manufacturing in 2015*. Source: Regional statistics on entrepreneurial activity 2015, Statistics Finland. The total gross value of all manufacturing establishments was EUR 119.7 billion in 2015, according to Statistics Finland’s preliminary data.
The gross value of manufacturing remained on level with the previous year. However, value added increased by four per cent compared with the previous year and amounted to EUR 30.6 billion, the data show.
The manufacturing industries that affected most the increase in value added were the manufacture of paper and paper products and the manufacture of coke and refined petroleum products.
Measured by value added the biggest regions were Uusimaa, Varsinais-Suomi, Satakunta and Pirkanmaa. Their share in the entire value added of manufacturing was 53 per cent and 89 per cent of the growth in value added as per the statistics.
The gross value of production measures the actual production output of an establishment.
Operating activities include all production output, also production for own use and production for the enterprise’s other establishments.
Gross value excludes transfer gains from fixed assets, which are not seen as a production item but as windfall profit.
Additionally, the purchases of goods for resale are deducted from the profits of operating activities, so that operating activities only include the margin created by sales of goods for resale.
Value added in manufacturing by region in 2015*
* Preliminary data Source: Regional statistics on entrepreneurial activity 2015, Statistics Finland.
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