There is a significant network of companies in the field of technology industry and energy technology in the Northern Savo region. Technology industry companies have an annual turnover of EUR 2.0 billion and an employment effect of 22,000 jobs. The sector accounts for 39% of the region´s total goods exports and 68% of the region´s business R&D investment. The machinery and energy technology industry is the largest industrial area in North-Savo in economic terms and has been identified as one of the area of smart specialisation in the development of the North Savo region.
The NewTech -project seeks to promote the success of companies in the local and global transformation of the technology and operating environment. The target group of the project is machine-, energy- and health technology companies, as well as SMEs providing services to them in North Savo region, Pieksämäki and Joroinen. The aim is to promote the growth, internationalization and modernization of SMEs and to make practical use of the opportunities offered by digitalisation. It also aims to build the capabilities of companies by reforming their business models, developing productivity, promoting the use of automation and robotics, and developing new innovations.
The NewTech -project lasts 1.1.2020 – 30.9.2022 and it is funded by European Regional Development Fund (ERDF) and companies and the municipalities in the Northern Savo area and Pieksämäki and Joroinen.
Energy Cluster North Savo
North Savo region is witnessing the establishment of an extensive energy cluster in support of machine and metal industry, the key industrial sector and a major smart specialization focus in the region, with the objective to improve the international growth potential of businesses in the energy sector through innovation, services of research institutions and product development.
The cluster will be established during 2020 -2021 in a project aimed at building an RDI ecosystem for North Savo Energy Technology funded by the Regional Council of North Savo.
Future Savo – programme to increase attractiveness of North Savo region as business environment
Predictions for the growth of business in the Northern Savo region are extremely positive. Turnover and profitability of companies continues to grow and the positive trend for new investments and development activities foresee future growth. Now is the time to start looking for new employees outside our region and outside the borders of Finland with new activities in order to be able to respond to this growing demand. Key targets of the programme are to improve the availability of skilled workforce and to ensure the competitiviness of companies in Northern Savo. The programme is funded by Regional Council of Northern Savo, European Regional Development Fund (ERDF), the Finnish State and the regional communes.