VTT Technical Research Centre of Finland
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|Teknologian Tutkimuskeskus VTT Oy
Teknologiska forskningscentralen VTT Ab
Main building of VTT in Otaniemi, Espoo
|Formed||January 16, 1942|
|Headquarters||Vuorimiehentie 3, Otaniemi, Espoo|
|Employees||2,600 (VTT Group 1.1.2015)|
|Annual budget||277 M€ (VTT Group 2014)|
|Parent department||Ministry of Employment and the Economy|
VTT Technical Research Centre of Finland Ltd 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. 65% of funding is external (private), 35% is from the government and 21% international (2014).
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 2,600 employees (2014), of which over 80% have a university degree. There were 1,380 customers in 2014 of which 710 were domestic companies, 420 foreign companies and 250 public organisations in Finland and abroad. VTT has a patent portfolio of over 1,200 patents and about 1,500 publications yearly.
- "VTT jakaantuu tytäryhtiöihin / Tiede ja Teknologia / Digitoday". Digitoday.fi. Retrieved 2012-07-13.
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