Investments
in Arctic Europe

Oulu is an excellent gateway for investments in Arctic Europe.

197 billion euros is expected to be invested in the Scandinavian Arctic Area within the next 10 years and 277 billion euros by 2030. The investment boom is being focused on the construction, mining, logistics, energy, tourism and creative sectors.

To further boost business opportunities in the Arctic Europe region, Oulu has intensified its collaboration with Luleå in Sweden and Tromsø. For example, a flight connection by Arctic Airlink was established between these northern key cities. Regular flights are operated 5 times per week from Oulu airport.