The Tampere Region Economic Development Agency is a joint venture of 8 municipalities in Finland's Tampere region. It maintains and strengthens the region's economic magnetism by fostering business prerequisites and providing services to local and foreign companies. The region has a diverse economy spanning industries like intelligent machines, ICT, life sciences and more. It offers attractive attributes for business including a highly skilled and growing workforce, a strong innovation ecosystem centered around the University of Tampere, and a competitive cost base compared to other parts of Finland. Major companies like Intel, Cargotec and AGCO Power have made significant investments and expansions in the region in recent years, drawn by the talent pool and industry expertise.
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Tampere region in Finland for foreign investors - invest in Tampere
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2. Tampere Region Economic Development Agency
•A joint venture of 8 municipalities
Tampere (60,44%)
Kangasala
Lempäälä
Nokia
Orivesi
Pirkkala
Vesilahti
Ylöjärvi
•Maintains and strengthens the magnetism of the Tampere Region.
•Fosters prerequisites for successful business.
•Provides services for both local and foreign companies.
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Focus areas
www.tampereallbright.fi
www.investtampere.fi
5. Finland is the most competitive country in the EU and the 4th globally
Peaceful and stable society to operate in
#1 in Property Rights
#1 in Protection of minority shareholders’ interests
#1 in Intellectual Property Protection
#3 in Transparency of policymaking
#1 in Least-corrupt countries
#2 in Ethical behavior of firms
#2 in Low burden of customs procedures
GDP…………………. 201 300 M€
GDP per capita …… 37 018 €
Credit rating ………. AAA stable
Macroeconomic environment
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Finland
6. Second biggest growth region in Finland
One of the fastest growing regions in Finland
The best place to live and to visit in Finland
Tampere region offers international talents interesting and lively urban environment.
Good availability of workforce and the logistic location are the main reasons for foreign companies to locate in Tampere region.
Tampere is a university town that offers wide range of expertise
General attractiveness of the Region
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7. Tampere
Region
Second biggest growth region in Finland
One of the fastest growing regions in Finland
Total Population ……………………… 500 000+
Central Region Population………….. 350 000
in 2012: +4234 / +1.2%
Revenue, all sectors (2011e) …......... 28 923 M€
Proportion from industry …….. 38%
Tampere Region in Brief
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8. “Tampere has good logistic connections for exports.”
- Risto Tuominen, Unit Managing Director, Alstom Grid
“When Santen started operations in Europe, locating within EU near Russian Federation was a key consideration. Tampere region offers secure operating environment and good industry-university collaboration.”
- Jyrki Liljeroos, President of Santen Oy
of foreign companies in Tampere Region indicate that one of the most important reasons to stay in the region is the logistical location within Finland
41%
Optimal logistic location in Finland
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9. Tampere is located in the northern end of the metropolitan area
Helsinki
Train …. 1.5h
Car …… 1.5h
Air ……. 0.5h
General
Direct flights from Tampere include 2 hubs:
Helsinki
Stockholm
Easy access to Helsinki/Vantaa airport
Helsinki-Hämeenlinna- Tampere is the only urban corridor in Finland
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St. Petersburg
Train …. 4.5h
Stockholm
Air ……. 1.0h
10. The best place to live in Finland (Taloustutkimus 2014)
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Tampere has the best overall image in Finland
Location
Living environment
Opportunities for studying
Culture offering
Developing economic region
11. The best travel destination in Finland (Taloustutkimus 2013)
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Tampere has the best overall image
Shopping
Quality of restaurants
Availability of events
Reachability with public transportation
Quality of hotels and availability
General appeal of the city
Sightseeing
12. Tampere offers a great variety of internationally interesting events
In Tampere festivals and events take place around the year:
Short films, rock, jazz, classic music, theatre, flowers and lights
Tampere international short film festival
Blockfest for urban music lovers
Lost In Music festival in city centre with more than 100 artists
Monsters of Pop Club festival with electronic music, indie pop, among others
Also other music events like Tampere Jazz Happening, Tampere Guitar Festival
Other events
Tampere Kuplii 5-day comic festival
The hottest festival, Chilifest Finland
Around the year there are a lot of music kicks. Tullikamarin Klubi caters for all music genres.
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Manufacturing industry
Intelligent Machines
ICT and mobile telecommunications
Life science
Creative industries
Cleantech and Energy
Nanotechnology
From Heavy Industry to Heavy Rock – and Heavy Thinking
Main clusters in the Tampere Region
Howard J. Jacobs, professor of molecular biology at the university of Tampere
14. Availability of competent workforce
of foreign companies in Tampere Region indicate that the most important reason to stay in the region is the availability of competent workforce and low attrition
66%
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15. Tampere fosters innovations
1974 NMT phone call
1978 automatic teller machine
1984 bio absorbable implant
1985 electromechanical film
1988 micro-crystallized chitosan
1991 GSM phone call
1993 analogue cellular data card
1994 GSM data card
1995 Walking forest machine
1996 First Communicator (Nokia 9000)
1997 First GSM Card Phone
1998 digital x-ray image
1999 WAP phone (Nokia 7110) & server
1999 WLAN card (Nokia C110/111)
2001 mobile camera phone (Nokia 7650)
2001 automated mine loading
2003 fog screen walk-through display
2004 automated container terminal
2008 preservative-free prostaglandine
eye-drop for glaucoma treatment
2008 new jaw bone from patient’s fat cells was grown using stem cell tech.
2009 antibiotic-releasing biodegradable implant
2012 41-megapixel camera phone (Nokia 808)
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16. 1974 NMT phone call
1978 automatic teller machine
1984 bio absorbable implant
1985 electromechanical film
1988 micro-crystallized chitosan
1991 GSM phone call
1993 analogue cellular data card
1994 GSM data card
1995 Walking forest machine
1996 First Communicator (Nokia 9000)
1997 First GSM Card Phone
1998 digital x-ray image
1999 WAP phone (Nokia 7110) & server
1999 WLAN card (Nokia C110/111)
2001 mobile camera phone (Nokia 7650)
2001 automated mine loading
2003 fog screen walk-through display
2004 automated container terminal
2008 preservative-free prostaglandine
eye-drop for glaucoma treatment
2008 new jaw bone from patient’s fat cells was grown using stem cell tech.
2009 antibiotic-releasing biodegradable implant
2012 41-megapixel camera phone (Nokia 808)
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Tampere fosters innovations
17. Good availability of competent experts and workforce – every 5th person is a student
Tampere university of has the second largest population of undergraduate student
“The high level of know-how in mobile communications and the availability of skilled workforce led to our establishing operations in the Tampere region.” - Veli-Pekka Vatula, Site Manager, MCG Finland, Intel
”Tampere Region offers competent workforce at reasonable cost and the attitude of the city is positive towards companies.”
- Ville Rönkkö, CEO, CROCS Nordic
In Tampere there are about 38.000 university students
Tampere University of Technology (TUT)
University of Tampere (UTA)
Tampere University of Applied Sciences (TAMK)
And also more than 34.000 vocational college or adult students
Tampere Vocational College (Tredu)
Tampere Adult Education Centre (TAKK)
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”The key considerations why we operate in Tampere region are good availability of employees, central location and the Tampere university of Technology.”
- Timo Kyttälä, CEO, John Deere Forestry Oy
Depending on the sector, salary levels can be 20-30% lower than in Helsinki metropolitan area
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Services for Foreign Companies
Cluster-specific services
Introductions
Regional operations, clusters, companies and stakeholders
Research collaboration
Meetings with local universities and research centers matching customer’s technology interests
Development collaboration
Meetings with potential partners, technology providers or startups
Resourcing
Access to local resources through various recruitment opportunities
Information and relocation services
Help provided for finding services for:
Corporate registration in Finland
Bookkeeping
Opening local bank account
Corporate address service
Offices, production or logistics facilities
Initial translation services
Local contacts in city and government administration
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20. Intel has opened R&D center in Tampere in 2011 and continues to grow (2011-2013)
•Within 100 days Intel started operations with 50 highly skilled engineers.
•The organic growth has continued, and now Intel employs more than 200 engineers in the Tampere Region alone.
•It is estimated that about 2/3 of the Intel engineers in Finland are located in the Tampere Region and the rest in Helsinki metropolitan area.
Intel is a world leader in computing innovation.
Tampere university of has the second largest population of undergraduate student
“The high level of know-how in mobile communications and the availability of skilled workforce led to our establishing operations in the Tampere region.”
- Veli-Pekka Vatula, Site Manager, MCG Finland, Intel
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Source: Intel
21. "The functioning of ports is simulated in the laboratory and testing range, based on real data provided by our customers. In this respect, the Centre is unique in the world.”
- Mika Vehviläinen, President and CEO of Cargotec.
Cargotec opened the Technology and Competence Centre in Tampere in 2013
•Cargotec improves the efficiency of cargo flows on land and at sea. Cargotec's brands MacGregor, Kalmar and Hiab are recognized leaders in cargo and load handling solutions around the world.
•In the Centre, Cargotec's Kalmar business area focuses on the development of energy- efficient, safe and intelligent machinery and automation solutions.
•The Centre is one of the most energy-efficient office buildings in Finland, having awarded the international BREEAM environmental certificate in 2013.
•In the years 2011-2013, Cargotec has invested approximately EUR 35 million in the construction of the Technology and Competence Centre in Tampere.
Source: Cargotec
22. AGCO Power invested in new engine factory (2013)
•American-owned AGCO Power has invested over EUR 20 million to expand its diesel engine production plant located in the town of Nokia in the Tampere Region.
•The investment increases the annual production capacity of the factory from 38,000 to 50,000 engines.
•AGCO Power believes in the high manufacturing competence in the Tampere Region.
AGCO Power is a global leader in diesel engine technology.
”AGCO is a large globally operating corporate that has own engine production also in Brazil and China. We chose Tampere region for our new production capacity because of the high technological competence that has cumulated during our long history in the region.”
- Eero Tomi, CEO of AGCO Power
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Source: AGCO Power
23. Technopolis has invested 154 M€ in Tampere (2008-2013)
Total investments so far: 154 M€
•Investments in office locations
•Hermia 12, 15A, 15B
•Yliopistonrinne 1, 2
•Investments in life science campus
•Finnmedi offices
•Silk – Eye hospital
•Patient hotel
•Investment in creative industry campus - Mediapolis
•Planned investments: 39 M€
•Yliopistonrinne C+D
Technopolis is a leading real estate company that specializes in leasing space and providing services.
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Source: Technopolis Ltd.
24. Microsoft acquires Nokia’s devices business (2013/2014)
•Microsoft will acquire Nokia’s device business for USD 7.17 billion (EUR 5.44 billion).
•Nokia has the biggest R&D center for Lumia development in Tampere.
•When the transaction is approved in the 1st half of 2014 it is estimated that about 1000 professionals in Tampere will be moved to Microsoft.
•Nokia, including NSN is estimated to continue to have about 1000 professionals in Tampere.
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Source: PCWorld.com Sep 2, 2013 and local Nokia estimates