5 reasons to invest in Kainuu

Reason 1

Data Centers

250

MEGAWATT CAPACITY

INVESTMENT LAUNCHED 2024

Alongside CSC's national supercomputers and the joint European LUMI supercomputer, several large private data centers are located in Kajaani, such as the centers of XTX Markets and Borealis Datacenter.

8.8 Billion Euros
Kainuu 2025-2030
Investment landscape among all industries

Aerial view from Renforsin Ranta

5 reasons to invest in Kainuu

Reason 2

Renewables

500

MILLION EUROS

COMPLETED INVESTMENTS TOTAL 2016-2024

2.6 Billion Euros – this is the total sum of published investment plans into Renewables in Kainuu within next 6 years. The region has strong additional potential for your growth in renewable energy production.

8.8 Billion Euros
Kainuu 2025-2030
Investment landscape among all industries

5 reasons to invest in Kainuu

Reason 3

Mining

210

MILLION EUROS

INVESTMENTS COMPLETED TOTAL 2024

Investments into Kainuu mining industry (Nickel, Battery production related minerals & Silver extraction) stayed at high level in 2024.

8.8 Billion Euros
Kainuu 2025-2030
Investment landscape among all industries

5 reasons to invest in Kainuu

Reason 4

Tourism

400

MILLION EUROS

INVESTMENT LANDSCAPE FOR 2025-2030

As domestic and foreign tourism continues to grow, Kainuu region offers untouched and exceptional investment opportunities.

8.8 Billion Euros
Kainuu 2025-2030
Investment landscape among all industries

5 reasons to invest in Kainuu

Reason 5

Others

1300

MILLION EUROS

INVESTMENT LANDSCAPE FOR 2025 - 2030

As the special and not fully utilized region, Kainuu enables open-minded, from small size up to mill scale investments opportunities in several different industries.

8.8 Billion Euros
Kainuu 2025-2030
Investment landscape among all industries

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 in Kajaani. Formerly the site was a UPM paper mill until its closure in 2008. After the development of recent years, Kajaani is declaring to be the Arctic Capital of the Data Center Industry.

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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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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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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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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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News

9.5.2025

CEMIS Partners are now also Kainuu Sports Hub

Kainuu Sports Hub has emerged with the support of the international INSHAPE project, which promotes innovations and digital solutions to tackle the challenges of physical inactivity. Kainuu Sports Hub is…

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16.4.2025

Kajaani University of Applied Sciences becomes an expert member of the Finnish Defence and Aerospace Industries – PIA

With the membership, Kajaani University of Applied Sciences is part of a strong group of experts that promote and develop topics related to defense and security industries. Kajaani University of…

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31.3.2025

New charter connection from Spain to Kajaani

The first charter from Spain will fly to Kajaani and Arctic Lakeland Finland in December 2025. A new international market will be opened in Arctic Lakeland when the first Spanish…

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31.3.2025

TUI Netherlands to continue flights from Amsterdam to Arctic Lakeland and Kuusamo in winter 2026

TUI, the world’s largest tour operator, will continue to operate charter flights from Amsterdam to Kajaani next winter 2026. TUI will operate charter flights on a triangle route from Amsterdam…

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25.3.2025

The Kolmisoppi ore deposit has been granted strategic project status under the EU’s Critical Raw Materials Act

Terrafame’s Kolmisoppi project in Kainuu has been granted strategic project status under the Critical Raw Materials Act (CRMA) on March 25, 2025. With the CRMA, the European Union strives to…

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