Press release
Order books have continued to shrink in Finland’s most significant export industry for over a year.
The number of requests for tender received by technology companies continued to decline in the early months of the year, but not as substantially as earlier. In spite of this, companies have sought to hold on to their employees, according to the recent order book and personnel survey by Technology Industries of Finland.
The situation in the technology industry will remain difficult. The latest data on the trend in demand and the order intakes of companies in the Finnish technology industry still predicts a challenging economic outlook for the rest of the year. Demand remained weak in early 2024, and order intakes have been even more meagre than before. However, industrial companies have held on to their personnel for now.
