This document lists the top 50 companies in Finland based on turnover and number of employees. It provides the ranking, company name, industry, turnover reported in millions of euros, and number of employees for each of the top 50 companies. The largest company is Nokia in the electronics industry, with a turnover of 30.2 billion euros and over 112,000 employees. Most companies are in industries such as forest products, energy, metals, finance, and retail.

1. Invest in Finland, Finpro Porkkalankatu 1, FI-00180 Helsinki, Finland Telephone +358 204 695 555 Fax +358 204 695 201 www.investinfinland.fi
Top 50 companies in Finland
There are more than 322 000 companies in Finland, of which 99 % employed less than 50 people.
The total turnover of the companies was EUR 385 billion and they employed a total of 1,486,000 people.*
Below are the top 50 companies in Finland as ranked by Talouselämä business magazine, based on
data for 2012.
Invest in Finland
Rank Company Industry
Turnover
(million euros)
Number of
employees
1 Nokia Electronics 30 176 112 256
2 Neste Oil Energy 17 853 5 031
3 SOK Wholesale Trade 11 708 9 732
4 Stora Enso Forest 10 815 28 777
5 UPM-Kymmene Forest 10 438 23 040
6 Kesko Grocery Wholesale 9 686 19 741
7 Metso Metal 7 504 30 596
8 Op-Pohjola Group Finance and Investment 6 848 13 411
9 Sampo Finance and Investment 6 678 6 823
10 Kone Metal 6 277 38 477
11 Fortum Energy 6 159 10 600
12 Ilmarinen Insurance 5 269 612
13 Varma Insurance 5 121 572
14 St1 Group Oil 5 037 345
15 Metsä Group Forest 5 001 11 986
16 Wärtsilä Metal 4 725 18 930
17 YIT Construction 4 706 25 833
18 Outokumpu Metal 4 538 7 853
19 Nordea Bank Finland (*F) Finance and Investment 4 349 9 269
20 Cargotec Metal 3 327 10 522
* Business Register for 2011, Statistics Finland

2. Invest in Finland, Finpro Porkkalankatu 1, FI-00180 Helsinki, Finland Telephone +358 204 695 555 Fax +358 204 695 201 www.investinfinland.fi
(*F) = Foreign ownership
Source: Talouselämä Top 500 companies in Finland, www.talouselama.fi
Rank Company Industry
Turnover
(million euros)
Number of
employees
21 Rautaruukki Metal 2 796 11 214
22 HKScan Food 2 547 7 763
23 Nordea Life Assurance Finland (*F) Insurance 2 528 142
24 Oriola-KD Wholesale Trade 2 474 4 818
25 Finnair Transport and Forwarding 2 449 6 784
26 Teboil (*F) Oil 2 422 237
27 Sanoma Communication 2 376 11 736
28 ABB (*F) Electronics 2 360 6 637
29 Huhtamäki Conglomerate and Others 2 335 13 342
30 Lemminkäinen Construction 2 268 8 180
31 Kemira Chemistry and Plastics 2 241 5 043
32 Konecranes Metal 2 170 11 917
33 Stockmann Retail 2 116 11 898
34 Outotec Corporate Services 2 087 4 456
35 Amer Sports Conglomerate and Others 2 064 7 209
36 Valio Food 2 000 4 600
37 RTF Auto (*F) Car Trade 1 998 2
38 Itella Transport and Forwarding 1 947 23 676
39 LocalTapiola Pension Insurance 1 925 186
40 HOK-Elanto Retail 1 877 6 201
41 Tieto Information Technology 1 825 17 646
42 Veikkaus Consumer Services 1 776 320
43 Wihuri Conglomerate and Others 1 756 4 933
44 Onvest Wholesale Trade 1 739 4 320
45 Fazer Food 1 676 14 046
46 Pension Fennia Insurance 1 665 252
47 St1 Holding Oil 1 636 175
48 Luvata (*F) Metal 1 614 6 324
49 Nokian Tyres Chemistry and Plastics 1 612 4 083
50 Ahlstrom Conglomerate and Others 1 599 5 141