Teknologian tutkimuskeskus VTT Oy
Teknologian tutkimuskeskus VTT Oy is a Finnish limited company (Oy), listed in the Finnish Trade Register since 24.10.2014. Primary activity is research and experimental development on natural sciences and engineering (TOL 72100). The company is located in Espoo.
Overview
About the company
Teknologian tutkimuskeskus VTT Oy is a Finnish limited company (Oy), listed in the Finnish Trade Register since 24.10.2014. Primary activity is research and experimental development on natural sciences and engineering (TOL 72100). The company is located in Espoo.
Basic data
- Business name
- Teknologian tutkimuskeskus VTT Oy
- Registry code
- 2647375-4
- Legal form
- Limited company (Oy)
- Status
- Active
- First registration
- 24.10.2014
- Address
- Tekniikantie, 02150, Espoo
- Primary activity (TOL)
- 72100 – Research and experimental development on natural sciences and engineering
- Website
- https://www.vttresearch.com
Financials
Revenue trend
Annual reports
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Revenue | 153,7 M€ | 164,4 M€ | 187,6 M€ | 189,7 M€ | 198,0 M€ |
| Operating profit | 16,5 M€ | 9,1 M€ | 340 k€ | 279 k€ | 2,4 M€ |
| Op. margin | 10.7 % | 5.5 % | 0.2 % | 0.1 % | 1.2 % |
| Growth | +3.3 % | +7.0 % | +14.1 % | +1.1 % | +4.4 % |
| Equity ratio | 69.0 % | 69.0 % | 71.7 % | 76.2 % | 75.5 % |
| Employees | 2 130 | 2 155 | 2 320 | 2 407 | 2 380 |
| Balance sheet | 297,6 M€ | 306,8 M€ | 304,9 M€ | 344,8 M€ | 348,0 M€ |
Tax data 2021–2024
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Taxable income | 6,9 M€ | 3,9 M€ | 175 k€ | 1,9 M€ |
| Tax assessed | 1,4 M€ | 752 k€ | 29 k€ | 413 k€ |
| Effective tax rate | 19.57 % | 19.5 % | 16.7 % | 21.27 % |
| Tax refund | – | – | 2 k€ | 706 k€ |
| Back-tax owed | 1,4 M€ | 30 k€ | – | – |
Source: official public tax records.
Board and representatives
Active people registered in the official company register, by role.
Location on map
The company's registered location: Espoo.
About Teknologian tutkimuskeskus VTT Oy
Teknologian tutkimuskeskus VTT Oy (Business ID 2647375-4) is a Finnish limited company (Oy), registered in the Trade Register on 24.10.2014. Latest reported revenue is 198,0 M€ (2025), with about 2 380 employees, based in Espoo.
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