Annual reports
VTT is a Finnish non-profit limited liability company owned by the state. The company falls within the mandate of the Ministry of Employment and the Economy. According to the law VTT is an independent and impartial research organisation. We operate as a research, development and innovation partner to help the society and companies to grow through technological innovations. In our annual and sustainability reports, we describe how we have achieved our targets each year. In addition, you can learn about our activities in the annexes Tax footprint, management and control, and Financial statement (in Finnish, we are sorry!). The salary and remuneration report is part of the Tax footprint, management and control annex.
VTT's year 2022: Greetings from the President & CEO
A matter that defined the year 2022 was the concern over the social situation, especially in Ukraine. However, it is illustrative of Finland’s resilience that, despite everything, we have done well. Alongside the green transition, enhanced resilience and security of supply are areas where our customers want to develop. With our strategy work at VTT, we have ensured that our offering meets these needs. We steer our research activities in a challenge-driven and long-term manner to generate concrete solutions and hope. Actions create hope: we know that every day we can do work that helps solve crises today and tomorrow.
Antti Vasara
President & CEO

VTT's annual report 2022
Annual and sustainability report 2022 (pdf)
Tax footprint, management and control 2022 (pdf)
Financial statement 2022 (pdf, in Finnish)
VTT's annual report 2021
Annual report 2021 (pdf)
Tax footprint, management and control 2021 (pdf)
Financial statement 2021 (pdf, in Finnish)
VTT's annual report 2020
Annual report 2020 (pdf)
Tax footprint, management and control 2020 (pdf)
Financial statement 2020 (pdf, in Finnish)
VTT's annual report 2019
Annual report 2019 (pdf)
Tax footprint, management and control 2019 (pdf)
Financial statement 2019 (pdf, in Finnish)
VTT's annual report 2018
- Annual report 2018 (pdf)
- Tax footprint, management and control 2018 (pdf)
- Financial statement 2018 (pdf, in Finnish)
VTT Review 2017
VTT Review 2016
- VTT Review 2016 (pdf)
- Finance and personnel 2016 (pdf)
VTT Review 2015
- VTT Review 2015 (pdf)
- Finance and personnel (pdf)
VTT Review 2014
- VTT Review 2014 (pdf)
VTT Review 2013
- VTT Review 2013 (pdf)
VTT Review 2012
- VTT Review 2012 (pdf)
VTT Review 2011
- VTT Review 2011 (pdf)