Two large ship orders gave a significant boost to the value of technology industry companies’ orders in late 2017. Excluding these, new orders and order books remained stagnant after the spring of 2017. The outlook is optimistic for 2018: global economy is experiencing strong growth, companies are receiving requests for tender and the turnover of technology industry companies is expected to be higher in the spring of 2018 than in the corresponding period last year.
This year Technology Industries of Finland is helping The Helsinki Deaconess Institute stop the exclusion of young people. In the spirit of Christmas we made a donation to their Vamos project, which supports and helps young people find their way into education and working life.
The outlook for the technology industry has improved considerably during the spring and early summer. Turnover has increased, order books have improved and employee numbers have developed favourably. For growth to remain strong in the long term and for more jobs to be generated, new investment is urgently needed.
In circular economy, the materials circulate and the products and materials as well as their value remain or even grow. Efficient recycling reduces the need for primary raw materials.