Out of the woods, into the world. (Finland’s business enterprises and banks are expanding into international markets)

OUT OF THE WOODS, INTO THE WORLD

OUT OF THE WOODS, INTO THE WORLD

Ask an American or a Frenchman how many Finnish brand names he knows and you will probably have him stumped. Unlike neighbouring Sweden, which boasts Volvo, Electrolux, Saab and AGA, Finland has no well-known flagship. But this anonymity belies the success of many Finnish companies, which, like the ice-breakers constructed in Helsinki’s shipyards, are steadily and stealthily cutting their way into new markets, towing the country’s financial system in their wake.

“There is a general trend towards internationalization, an international sales drive,” said Jan-Henrik Kulp, finance director of paper maker Kaukas-Kymmene.

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