In autumn 2024, Finnish Prime Minister Petteri Orpo appointed the Room for Growth project to identify strategies for promoting sustainable economic growth in Finland. The project’s expert working group, led by Risto Murto, CEO of Varma Mutual Pension Insurance Company, submitted its final report to the Prime Minister on 28 February 2025.
The report presents 41 proposals across various domains, including:
- People, Competence and Skills
- Operating Conditions for Growth Companies
- Energy Market and Clean Green Transition
- Defence Industry
There are several proposals in relation to taxation, including proposals to reform the inheritance and gift tax regime to reduce their impact on the transfer of family businesses on death.
At this stage, there is no proposal for a legislative change. The Government will discuss these proposals further in its mid-term policy review at the end of April.