VTT Technical Research Centre of Finland
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|Teknologian Tutkimuskeskus VTT
Teknologiska forskningscentralen VTT
Main building of VTT in Otaniemi, Espoo
|Formed||January 16, 1942|
|Headquarters||Tekniikantie 4 A, Otaniemi, Espoo|
|Annual budget||278 M€ (2011)|
|Minister responsible||Jan Vapaavuori, Minister of Economic Affairs|
|Agency executive||Erkki Leppävuori, President & CEO|
|Parent department||Ministry of Employment and the Economy|
|Child agencies||VTT Expert Services
VTT Technical Research Centre of Finland is the largest multidisciplinary research organisation in Northern Europe. It provides high-end technology solutions and innovation services. VTT is a non-profit research organisation.
VTT Group is a government agency, and has four subsidiary corporations: VTT Expert Services Oy, VTT Ventures Oy, VTT International Oy and VTT Memsfab Oy. 69% of funding is external (private), 31% is from the government and 18% international.
VTT was founded in 1942 for scientific and public utility. VTT has its headquarters in Otaniemi. VTT is originally an abbreviation of Finnish words "Valtion Teknillinen Tutkimuskeskus" (State Technical Research Center).
VTT’s key technology fields
- Applied materials
- Bio- and chemical processes
- Information and communication technologies
- Industrial systems
- Microtechnologies and electronics
- Services and the built environment
- Business and innovation research
VTT offers R&D services to a number of industry sectors using these technologies. Through its international scientific and technology network, VTT aims to produce information, upgrade technology knowledge, create business intelligence and value added to its stakeholders.
VTT has 2,834 employees, of which 81% have a university degree and 26% a postgraduate degree. There are 1,510 customers, of which 865 are domestic companies, 385 foreign companies and 220 public bodies. VTT has a patent portfolio of over 1,200 patents and 605 peer-reviewed scientific articles.
- "VTT jakaantuu tytäryhtiöihin / Tiede ja Teknologia / Digitoday". Digitoday.fi. Retrieved 2012-07-13.
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