Companies that have their headquarters in Vantaa (at the Helsinki-Vantaa Airport) include Finn air, Finavia, Air Finland and Blue1.
In the City of Vantaa region, there are more than 100 000 jobs in the public and private sector. In the 2000s, the employment self-sufficiency of Vantaa has been more 100 per cent. The number of jobs has increased throughout the 2000s by 2 200 each year.
A quarter of the jobs in the Vantaa region are in retail and wholesale as well as in the hospitality industry, one fifth in societal or private services and almost one fifth in transport, storage and telecommunications. In addition to the City, major employers are Finn air, ISS Services, Keslog, Itella and Finavia.
Approximately 45 per cent of Vantaa residents work in their own municipality of residence, just over 40 per cent in Helsinki and approximately eight per cent in Espoo. 24 per cent of the people who work in Vantaa live in Helsinki, and less and 10 per cent live in Espoo.
The budget is a plan for the City’s operations and management of finances, which is approved by the council for the next budgeting year before the end of the preceding year. When doing this, the council must also approve the financial plan for the next three or more years. According to the Law on Local Government, the budget must include the appropriations and revenue estimates required by the operational targets and it must show how the financing will be covered. The budget normally divides into operational economy, investments, the profit and loss statement and financing.
The City Strategy defines the guidelines for developing the City during the coming years. It is a central document that guides the operations of the City and it epitomizes the locally-elected City Council’s intentions for the City in the near future. The Council approves the strategic goals annually along with the budget.
Financial Statement
The City Board has to produce a financial
