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 

Antti Vasara

VTT's annual report 2021

VTT's annual report 2020

VTT's annual report 2019

VTT's annual report 2018

VTT Review 2016

VTT Review 2015

VTT Review 2014

VTT Review 2013

VTT Review 2012

VTT Review 2011