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    Economic development strategy of the Tampere Region

    Economic development strategy follow-up – Ability to react in the changing international operating environment

    Business Tampere - Ravintola Periscope Kuva: Laura Vanzo

    The year 2022 has brought global upheavals in corporate operations and the operating environment. The fastest-growing companies in the Tampere city region are intertwined in their value chains with the global economy and the changes taking place in it. The war in Europe, rapidly accelerating inflation, massive shortages of raw materials and delays in supply chains are factors that directly or indirectly affect the operations of almost all technology and industrial companies. Although the city region cannot control global trends, it can prepare and improve its resilience in various ways, such as by actively adapting to international labour mobility and investing in self-sufficiency in critical technology areas. As the security situation in Europe changes rapidly, the country risk in Finland also appears to be different from the point of view of international business and the mobility of professionals. Safety and the increase in country risk must be assessed in each sector, and measures that we can take as a city region must be identified.

    1. Changing security situation and increasing country risk in Finland
    2. Shortage of raw materials and components
    3. Availability problems and price increases in energy and natural gas
    4. Realised risks for companies that have established themselves in Russia
    5. End of exports to and imports from Russia
    6. Accelerating inflation

    1. Project activation and securing direct EU funding for green transition responding to business needs will also support sectors suffering from the end of exports to Russia and facilitate the formation of new subcontracting chains.
    2. Ensuring sufficient supply of green, affordable energy and biogas will help increase self-sufficiency in relation to Russia.
    3. Developing resilience to change and closer cooperation between business operators in responding to sudden changes in the operating environment
    4. Cooperation in attracting international experts and employing Ukrainian refugees
    5. Stronger cooperation in attracting investments in critical technology areas
    6. Cooperation between business operators in communication in change situations and at events
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