Mechanical Engineering in Finland
Order intakes grow quarter-on-quarter
The turnover of mechanical engineering companies (machinery, metal products and vehicles) in Finland grew by approximately three per cent in 2025 from 2024. Their turnover in Finland amounted to approximately EUR 41 billion in 2025.
In the July–September period, the value of new orders in mechanical engineering grew by 39 per cent on the preceding quarter. Year-on-year, the value of new orders increased by 92 per cent. In recent years, marine and defence industry orders, for instance, have caused significant variations in order intakes in mechanical engineering.
At the end of September, the value of order books was 19 per cent higher than at the end of June and 42 per cent higher than in September 2025.
It should be noted that shipyards and the defence industry account for an exceptionally large share of the total value of order books.
On the basis of order trends in the first months of the year, the turnover of mechanical engineering companies is expected to grow this year.
The number of personnel employed by mechanical engineering companies in Finland at the end of September was 1.4 per cent higher than at the end of June. The industry employed approximately 140,100 people in September.
Value of New Orders in the Mechanical Engineering in Finland (Economic Outlook November 2026)
Million euros, at current prices. Latest observation July-September 2026.
New Orders in the Mechanical Engineering Industry in Finland, Percentage Change for the Latest Quarter (Economic Outlook November 2026)
Value of Order Books in the Mechanical Engineering in Finland (Economic Outlook November 2026)
Million euros, at current prices. Latest observation 30th September 2026.