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What is VTT

We are a visionary research, development and innovation partner

VTT is one of Europe’s leading research institutions. We are owned by the Finnish state. Our task is to advance the utilisation and commercialisation of research and technology in commerce and society. Through scientific and technological means, we turn large global challenges into sustainable growth for businesses and society. Our research is guided by the company’s lighthouse themes: climate action, resource sufficiency, good life, safety and security and industrial renewal.

Explore VTT

We have almost 80 years of experience in cutting-edge scientific innovation achieved together with private companies and the public sector.

Key figures

  • 245 total revenue, MEUR
  • 2,103 number of employees* 
  • 1942 year of VTT’s establishment
  • 406 patent families*
  • 27% of Finnish innovations are completely or in part results of VTT’s expertise
  • 47% of our turnover comes from abroad

*31 December 2019

Our strategy

Our strategy is to help companies and society in solving global challenges by utilising science and technology. Our research is guided by global challenges that we refer to as our lighthouse themes: climate action, resource sufficiency, good life, safety and security and industrial renewal. When our customers undertake new and sustainable business activities that contribute to a brighter future, we have succeeded.

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Values

The values and ethical norms that guide our work: 

Our values

  1. Passion for innovation 
  2. Support and respect to the core
  3. Together for the customer
  4. One step ahead

Our ethical norms

Impartiality | Credibility | Integrity | Responsibility

Business operations

VTT’s research, development and innovation activities are divided into three business areas in which we develop solutions. 

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Knowledge intensive products and services

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Smart industry and energy systems

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Bio and process technology

Administration

VTT is a limited liability company that is fully owned by the Finnish state and operates under the ownership steering of the Ministry of Economic Affairs and Employment.

The annual general meeting is the highest decision making body of VTT Technical Research Centre of Finland Ltd.

Tasks of VTT Board include overseeing the implementation of the company’s strategy and being responsible for the profitability of operations.

Executive leadership team supports the CEO in decision-making. 
 

Responsibility

VTT’s core mission is to develop sustainable solutions for our customers and for society. Our research focuses – climate action, resource sufficiency, good life, safety and security and industrial renewal – seek sustainable solutions to major social challenges. We take the principles of sustainable development into account in all our research and service activities, reporting and internal operations. 

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History of VTT

VTT was founded in wartime Finland in 1942. Our 80-year journey from the 1940s to the present day shows that science, technology and cooperation can turn even major societal challenges into opportunities for growth.

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