Annual Report 2013

Growth, revenue, employment

510 portfolio companies and 50 000 jobs

For venture capital and private equity, the most important indicators of economic impact are the growth in companies’ revenue and the increase in the number of jobs.

In spring 2013, Finnish Industry Investment Ltd (FII) assessed the economic impact of its investment operations. The assessment was done based on the last available (2012/2011) financial statements at the time.

At the end of 2012, FII had - directly and through funds - 510 companies in portfolio. From 2011 to 2012, the number of employees in FII's portfolio companies grew in relative terms four times as much, and revenue almost twice as much, as those of Finland’s total stock of companies.

  • FII's portfolio companies’ combined revenue amounted to €8.5 billion at the end of 2012, an increase of 9% compared to the previous year.
  • Jobs in FII's Finnish portfolio companies totalled some 50,000 at the end of 2012, an increase of 6% in from the previous year.

Statistics Finland: the number of jobs in Finnish companies grew on average approx. 1.4% in 2011 compared to 2010 / net turnover of Finnish companies grew on average approx. 5.4% in 2011 compared to 2010.



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