Helsinki is located in the Uusimaa region. It is the biggest city in Finland and one of the richest in Europe. It is the home to approximately 650 thousand people. Interestingly, women exceed men almost by 7% here. It is the third largest city in Scandinavia - the first two are Stockholm and Oslo. Helsinki has also won a few honorable titles: The World Design Capital 2012 and the most liveable city in the world according to the Monocle magazine. Only one-third of the city’s territory is land, two-thirds are covered with the Baltic Sea with 315 islands. Therefore, water transport is wide-spread in the city, and there are many parking places for boats in the marinas. Helsinki’s water quality is very high - it comes from the mountains through Päijännetunneli - the longest water tunnel in the world. The city even exports drinking water to Saudi Arabia.
Finland is world-famous for its education – it is considered one of the best in the world. Therefore, the country has a lot of highly-qualified workforce who speak many languages. The economy of Finland in general, and Helsinki, in particular, is rapidly developing. According to the Bank of Finland, the growth was 1.6% in 2017. The capital produces around one-third of the country’s GDP - it is 1.5 times higher than the average in Finland. One of the most successful industries in Finland is IT: Helsinki has the second highest number of commercially successful app developers in the world after San Francisco’s Silicon Valley.
The other well-developed industries in the city are finance, logistics, paper, timber, textiles, and shipbuilding. The industry and construction sectors employ 25% of the city’s workforce. Some of the biggest companies in Scandinavia are headquartered in Greater Helsinki, such as Sampo Group(insurance), Nokia(technology), Fortum(utilities), UPM-Kymenne ( materials), etc.
Together with cities Espoo and Vantaa, Helsinki forms a metropolitan area where more than a million people live. The Helsinki Metropolitan Area generates approximately one third of Finland's GDP Due to its convenient location and a constantly developing infrastructure, many international and Finnish companies prefer to rent office space in Greater Helsinki, especially in the city`s business districts: Duetto Business park (Käpylä), Aitio Business Park (Ruskeasuo), Health Innovation Village (Vallila), Opus Business Park (Herttoniemi), and new business districts are under construction in Kalasatama, Jätkäsaari, and Pasila. One interesting example is Airport City Aviapolis, located near Helsinki Airport in Vantaa. It hosts over 1,700 companies and offers top class connections and flexible workspaces. However, there are plans to take the idea of co-working to a new level and build residential properties in the district. Therefore, businesses will be able to rent not only flexible office space but also enjoy all the benefits of co-living in the hi-tech environment.
Business centers in Helsinki offer multiple advantages to their clients. Firstly, many of them are located in the city center or prestigious business districts of Helsinki, which helps create a positive corporate image. As the competition is growing, providers of flexible office space in Helsinki offer more and more facilities and comprehensive services that are already included in the price: reception, gym, cafeteria, networking events, etc. Moreover, shared facilities allow decreasing operational costs as they are divided among all business tenants. The concept of serviced offices or executive suites is evolving: provider strives to create strong business communities, which is perfectly in line with Helsinki business culture with its many start-ups and clusters.