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Foreign affiliates in Finland

Producer: Statistics Finland
Homepage: http:// www.stat.fi/til/ulkoy/index_en.html
Main topic: Enterprises
Related topics:
Official Statistics of Finland (OSF): Yes
European Statistical System (ESS): No

Description

The statistics describe the activities of foreign affiliates located in Finland. The data can be used to assess the global networking of enterprises, which is a part of the globalisation process. In addition, the data are used when describing the ownership structure of enterprises operating in Finland and assessing their attractiveness to foreign enterprises or other institutions. The statistics are based on Regulation (EC) No 716/2007 of the European Parliament and of the Council.

Data content

The objective of these statistics is to identify the foreign affiliates operating in Finland as well as the institutional units that control them. The countries of residence of the controlling institutional units are also defined in the statistics. The data on foreign affiliates are supplemented with unit-level data from Statistics Finland’s other data files, such as on turnover and number of persons employed.

Classifications used

The classifications used are the country classification and the Standard Industrial Classification (TOL 2002). Data according to the Standard Industrial Classification TOL 2008 are released starting from November 2009.

Data collection methods and data sources

he frame of the statistics is Statistics Finland’s Business Register which provides comprehensive data on the structure and activities of enterprises operating in Finland. Another important source of information, the Enterprise Group Register maintained at Statistics Finland includes data on ownership and control of enterprise groups, but comprehensive data on foreign ownership and/or control of all enterprises are not available from administrative files. Therefore data from different sources are combined. Data on control are updated by following economic and financial news (e.g. corporate acquisitions), enterprises’ Internet pages and annual reports. In addition, data on ownership structure are inquired from enterprises in connection with Statistics Finland's financial statements inquiry. Administrative files from the Bank of Finland and Invest in Finland, an organisation operating under the Ministry of Employment and the Economy, are also used when updating the data of these statistics.

Updating frequency

Annually.

Time of completion or release

Data are released approximately 11 months from the end of the statistical reference year, right after the Business Register is completed. Exact release dates are reported in the Release Calender at http://tilastokeskus.fi/ajk/julkistamiskalenteri/index_en.html.

Time series

The data have been collected since statistical year 1994. Comparable data are available since 2004.

Keywords

enterprises, foreign ownership, globalisation, personnel, turnover

Contact information

http://tilastokeskus.fi/til/ulkoy/yht_en.html

Last updated 19.08.2015