NEWS

Aiming for strong international growth, the car relocation company Flovi is strengthening its Board with well-known talents who have helped Finnish companies grow internationally. In 2025, the company will continue its efforts to accelerate growth in Sweden, among others, and to identify new markets for the next stage of its internationalisation.

Luxid acquires US-based B2B marketing communications specialist TriComB2B. The acquisition creates a global company employing 160 people and focusing on creative data-driven marketing. Pictured are Luxid CEO Pasi Voho (center) and TricomB2B directors Chris Eifert (right) and John Buscemi, who will share leadership responsibility for Luxid's US business after the acquisition.

Flovi has acquired Saka’s entire driving logistics operations. Over 100 skilled drivers and logistics professionals from Saka are now part of the Flovi team—helping us build an even stronger, more reliable car transport network.

Balanco Oy, a pioneer in the accounting industry, strengthens its position in Denmark by buying the accounting firm Lüdemann ApS operating in Århus. The recent acquisition is part of the Denmark expansion strategy that began in 2024.

When aiming to accelerate growth, entrepreneurial technology companies require not only funding, but also experience, vision and both strategic and operational support. This is where the fastest-growing form of venture capital investment, growth investing, comes in. Investing for growth is not only a financial investment, but also a catalyst to increase the value of the company by improving, developing and growing it in a versatile way.

According to Petri Niemi, generative AI enables scalable business operations not previously seen in services based on consultants' expertise.

Smartbi Oy, a leading expert in industrial AI solutions, strengthens Cloud1’s position as an enabler for enterprise AI.

Luxid is a rare marketing agency in Finland, as the company's main markets are abroad. Global giants like AWS and Dell utilize the company's expertise.

As the economy continues its usual July slowdown, it is a good time to reflect on the current state and prospects of the Finnish economy and labour market from a slightly broader perspective. The Finnish economy has traditionally leaned on two cornerstones: it has been industry-intensive compared to other EU countries and its technology sector has been a world leader. However, the ever-changing global economy, with accelerating globalisation and technologicalisation, is also forcing us to adapt and find new pillars to ensure our economic prosperity.

Many Finnish SMEs encountered the difficulty of internationalisation. Companies that have succeeded in the domestic market and are performing well have attempted to spread their wings in foreign markets, but with varying degrees of success.