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Helsinki, Finland News About Helsinki, Finland Helsinki is the economic capital of Finland. The Uusimaa Region is attracting significant foreign investment. In fact, the Region is home to two thirds of the foreign companies operating in Finland. Like other modern cities, Helsinki's economy is dominated by the service sector which, according to the city's urban facts office, employs over 80 per cent of the workforce. Within the service sector wholesale trade, finance and insurance services, and information-intensive business services are the most prominent. Some of the principal manufacturing goods produced in the city include alcohol, china, chemicals, metal goods, paper and textiles. The region around Helsinki provides businesses in the area with access to a youthful and well-educated workforce. According to the Uusimaa Regional Council, approximately 20per cent of the region's working population has an academic degree and the majority of young people continue their education beyond the age of 16 years. The region boasts several institutions of higher education and the largest university in the country in the form of the University of Helsinki, which has recently been ranked the fifth best research university in the EU by the League of European Research Universities (LERU). In addition, half of the country's research and development facilities are based in the Uusimaa Region. Helsinki's political neutrality and geographical position, almost equidistant between the two cities of Stockholm and St. Petersburg, make it and excellent gateway to both Sweden and Russia. Helsinki-Vantaa Airport is located just 20 kilometres north of Helsinki and offers flights to most major European cities and numerous cities around the world including Bangkok, Beijing, Cairo, New York, San Francisco, Singapore, Sydney and Tokyo. In 2003, international travel accounted for 72 per cent of the 9.7 million passengers that used the airport. The city is also home to Finland's major seaport, which specialises in unitised cargo traffic and handles more than 10 million tons of cargo and 9 million passengers a year. Other Major Cities:
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