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 2024: Greetings from the President & CEO
The year 2024 was full of work at VTT, and it showed that research and technology are playing an increasingly central role in the development of companies and society. At the same time, geopolitics and security policy have significantly shaped the operating environment.
One of our key objectives is to create sustainable growth for Finland and companies. It is perfectly possible for Finland to return to the path of rapid economic and productivity growth, and VTT has the best resources and perspectives in Finland to support business innovation. The Finnish Government invests heavily in growth, recognising the essential role of research and development in the process. I believe that this will continue to be reflected in the growth of VTT’s impact, operations and funding.
Antti Vasara
President & CEO

VTT's annual report 2024
Annual and sustainability report 2024 (pdf)
Tax footprint, management and control 2024 (pdf)
Financial statement 2024 (pdf, in Finnish)
VTT's annual report 2023
Annual and sustainability report 2023 (pdf)
Tax footprint, management and control 2023 (pdf)
Financial statement 2023 (pdf, in Finnish)
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)