Helsinki, not only the political but also the commercial capital of
Finland, generates approximately one third of the Finnish GDP. Much of the
economic activity of the nation is carried on around Helsinki Harbor and
metropolitan area with important worldwide businesses having their
Helsinki occupies an honorable position, as a modern and vibrant city
amongst other European metropolises. Its service sector is the dominant
industry, as is the case in most other metropolises. The largest service
based employer is the public sector followed by information technology.
While in the sector of market services Helsinki specializes predominantly in
transport and communication.
However, the manufacturing sector is no less with industries such as
shipbuilding continuing to employ a substantial number of people. Further
the city also specializes in electronics and graphics industry.
The Trade shows sector of Helsinki is an another feather on the crown of
Finlands economy. With some of the internationally renowned expos like
Educa Helsinki, Automaatio and Finn Build-Helsinki International Building
Fair, to its benefit, the city surely is a important trade and business
Though Helsinkis location is said to be remote as compared to the
extensive markets of western and central Europe, however, sophisticated
communication technology and modern transport infrastructure have
effectively eliminated this disadvantage. While a high level of education
among the labour force together with systematic investments in R&D and
in other human capital have made it possible to specialize in high
technology export products. At the same time, Helsinki is located optimally
from the point of view of national markets as well as the markets of
northwest Russia and the Baltic States.
Therefore, while the mid-term prospects for the city are reasonably
optimistic the city faces several challenges if it wants to remain a
competitive location for firms and also provide adequate welfare for its
citizens in the longer run.
Major Business Centers
Helsinki Fair Center:
The Helsinki Fair Center is the biggest and most famous fair or conference
venue of Finland. Owned by Finnish Fair Corporation, the center is located
in eastern part of the district of Pasila holding many different fairs,
conventions, banquets, concerts, training sessions, meetings and other
events every year.
The diverse premises of the center offer six halls with total 44,000m2 of
exhibition space. In addition it also offers high-level meeting and congress
premises together with festival halls for 10 to 4,400 people as well as
comprehensive meeting, restaurant and hotel services.
The World Trade Center Helsinki:
Located on Aleksanterinkatu, the WTC Helsinki is an international trade,
service and information center placed in the very heart of Helsinki business
district. In operation since 1995, this office building services several
financial companies and bureaus of Finland. It brings under the same roof
more than 130 companies and organizations involved in international trade.
The building occupies total 25,500m2 space with office space of 17, 500m2.
The center also has conference rooms along with shop and service premises.
Major Commercial Areas
Right between Kamppi and Kaartinkaupunki lies the busiest district in
Helsinki, Kluuvi. Situated in Vironniemi area, Kluuvi is not just the
commercial center of the city but is also a great place to shop or eat out.
The region possesses the Helsinki Central railway station, Helsinki main
post office, Stockmann & Sokos department stores, Kluuvi shopping center
and the main offices of Finnish banks generating more than 23,000 jobs.
From a cultural aspect, Kluuvi includes the central campus of the
University of Helsinki, Ateneum art museum and movie theatres Maxim,
Kinopalatsi and Bristol.
The commercial center of the district is the Kamppi Center which is a large
complex in Helsinki's new downtown commercial and residential center.
The center combines the commercial need for streamlined, optimized shopping
environment with the necessary supply of customers by maximum accessibility
This one of its kind center in Europe consists of 6 floor shopping center
with a supermarket, shops, restaurants, night clubs & service points
along with high-class offices and business spaces.
Major Manufacturing Zones
Herttoniemi Industrial Estate:
Located nearby Herttoniemenranta high-rise area, the industrial estate
provides wide employment opportunities.
The main commercial services in the area are concentrated near the metro
station in the center of Herttoniemi.