The year 2026 has begun with signs of cautious recovery in the Finnish economy after several weaker years. Overall economic growth remains moderate, and gross domestic product is expected to rise to around 0.6–0.8 percent.

Industrial production has recovered strongly, and output growth has clearly reached higher levels than in previous years. Growth has been driven in particular by the metal industry, engineering, and the energy sector. Industrial turnover has increased, indicating a recovery in demand and a rise in production.

According to estimates, the role of domestic demand and investments will become more pronounced in 2026. The Finnish economy is entering a growth phase in which industry plays a key role. Strategically, the focus is shifting increasingly toward high value-added production, sustainable manufacturing, and international value chains.

Significant investments are being directed to Finland, especially in clean energy solutions, the hydrogen economy, and digital infrastructure. The green transition and the strengthening of energy self-sufficiency offer considerable long-term growth opportunities for industry. However, this development also involves notable uncertainties. Market volatility and global crises challenge manufacturing industries, but they will not bring them to a halt. Our expertise will always be needed.

We strongly believe in long-term commitment, collaboration, and trust. Our operations focus on stability, responsibility, and delivering value to our customers in all circumstances. Despite a challenging operating environment, our company’s last financial year developed better than expected overall. This provides a solid foundation for further developing our operations and continuing our work in a thoughtful and long-term manner together with our customers.

We would like to thank you, our customers, for your trust and partnership. We are here for you—today and in the future.

Kind regards,

Tata Steel Naantali

Ilpo Maaranen, CEO