Vaasa - Economy

Economy

Vaasa is generally speaking an industrial town, with several industrial parks. Industry comprises one-fourth of jobs. There is a university (University of Vaasa), faculties of Åbo Akademi and Hanken, and two universities of applied sciences in the town. Many workers commute from Korsholm (Mustasaari), Laihia, and other municipalities nearby.

Major employers, in order:

  1. City of Vaasa
  2. ABB Strömberg – industrial and power electronics and automation equipment
  3. Vaasa Central Hospital
  4. State institutions
  5. Wärtsilä – diesel engines
  6. Vacon – frequency converters
  7. KWH Group – plastics, abrasives and logistics services
  8. TeliaSonera – telephony
  9. VEO
  10. Posti – mail
  11. Anvia (old Vaasa Area Telephone)
  12. Kemira Chemicals

The film production company Future Film has its head office in Vaasa. Kotipizza has its head office in the Vaskiluodon Satamaterminaali.

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Famous quotes containing the word economy:

    “The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
    —Henry David Thoreau (1817–1862)

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