5 reasons to invest in Kainuu

Reason 1

Data Centers

207

Million euros

The total budget of the EuroHPC pre-exascale
system in CSC's data center in Kajaani.

Aerial view from Renforsin Ranta

5 reasons to invest in Kainuu

Reason 2

Renewables

2000000

Million hectares of forests

There are over 2 million hectares of Forest lands
in the Kainuu region.

Different sized tree stumps pictured from above

5 reasons to invest in Kainuu

Reason 3

Mining

12.3 %

Increased Turnover

Turnover of the Kainuu mining industry
(Nickel, Battery production related minerals
& Silver extraction) up by 12.3% from 2019 to 2020.
© Statistics Finland

Big machinery in mining area

5 reasons to invest in Kainuu

Reason 4

Tourism

6.0 %

Increased Turnover

Tourism in Kainuu area increased by 6.0% in 2018.
© Statistics Finland

Two tourists taking a selfie while snowing

5 reasons to invest in Kainuu

Reason 5

Others

In addition to the four main sectors, other segments have seen significant growth

Aerial view from Kainuu

Invest in Kainuu

The Invest in Kainuu team is dedicated to the promotion and facilitation of inward investment to the Kainuu region in central Finland.

Our aim is to develop and raise the international profile of this region as a place in which to invest across a range of industries. Please browse the relevant areas of our website that interest you and contact us directly if you wish to make a specific enquiry.

Finland and Kainuu region in map

Main industries

Data Centers

Nordic Hotbed for Data Centres

Kainuu’s most significant growth industry is the data centre ecosystem, centered on the Renforsin Ranta Business Park, formerly a UPM paper mill until its closure in 2008.

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Aerial view from Renforsin Ranta

Renewables

Continuous development of biofuel ecosystem

In recent years, biofuels from residues and wastes have gained greater attention in low-carbon fuel regulations. Such fuel have a substantial potential role in reducing Greenhouse Gas (GHG) emissions from the transport sector.

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Different sized tree stumps pictured from above

Mining

The big growth sector in Kainuu

The mining industry has been a growth sector in Kainuu. Finland has a long history of mining activity, and Finnish metallurgical technology and manufacturers of mining equipment are well known throughout the international mining community.

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Big machinery in mining area

Tourism

Tourism has a great significance to Kainuu’s economy.

Tourism has a great significance to Kainuu’s economy. The development of the tourism industry is a vital factor for Kainuu and at the same time it presents great opportunities.

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Two tourists taking a selfie while snowing

Others

The region of Kainuu has been going through a major structural change.

 In years gone by, the region’s trade has been centred on agriculture and wood, as a rural region; recently however, in addition to the four main sectors, other segments have seen significant growth.

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Aerial view from Kainuu

News

13.5.2020

”For the industry to recover, travellers will need to feel safe and confident that their health is protected” say World Economic Forum

For travelers to feel the confidence to start travelling again, the World Economic Forum has been looking at the key requirements to get the world tourism business back online. Investors…

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20.4.2020

CSC is prioritising the provision of computing capacity and expert assistance for research aimed at combating the COVID-19 pandemic

Across the CSC supercomputing environment, some of which is located in their Kajaani data centre, a joint project carried out by four Finnish research organisations has studied the transport and…

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26.3.2020

COVID-19 in Kainuu

The team at Invest in Kainuu are monitoring the Coronavirus (COVID-19) outbreak and its impact, and doing all we can to ensure that any interaction between our customers, partners and…

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27.2.2020

20 Investor organisations hear about Kainuu Investment opportunities

The Finnish ambassador to the UK hosted a small group of London based international investors at the official residence in London. Presentations from Business Finland, Invest in Kainuu (Kainuun Etu…

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24.1.2018

The Arctic Connect Project to Power Business in Northern Finland

Regional Council of Kainuu is strongly involved in the Arctic Connect project, exploring the possibilities to construct a digital bridge between Europe and Asia via the Northeast Passage. The region…

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