Espoo

Finland

  • Inhabitants326,0002023
  • Population growth340 000+ (prognos 2030)2030
  • Daily commuters50,000
  • Employment rate77.5%2023

Espoo is Finland's second-largest city, located west of Helsinki as part of the capital region. With over 300,000 inhabitants and rapid population growth, Espoo is one of Europe's most innovative cities. The city offers a unique combination of nature, research and international business, with a direct connection to Helsinki via metro and efficient public transport.

Business climate

Espoo is home to international corporations such as Nokia, Kone, Neste and Fortum, and accounts for a significant share of Helsinki Stock Exchange turnover. Aalto University's innovation ecosystem makes Espoo Finland's leading hub for growth companies. The city ranks among the top in Europe for patent applications and has a strong presence in technology, energy and biotech.

Municipality

The City of Espoo offers modern municipal services with a strong focus on sustainability, digitalisation and resident services. The city has an ambitious goal of being climate-neutral by 2030.

Development

Espoo drives the Sustainable Future Districts project focusing on clean energy, low-carbon construction, circular economy and sustainable transport. The city grows by 7,000–8,000 residents per year and actively plans for future growth.