# Top 30 companies with in-house R&D in Espoo
Tamtam tracks 38 companies with in-house R&D headquartered in Espoo. This list ranks the 30 largest by number of employees on LinkedIn, led by Nokia, KONE and Metso. Their median headcount is 1,285. Half of them were founded in 1971 or later.
The companies with in-house R&D in Espoo are largely established industrial and manufacturing firms. Many operate in sectors like telecommunications, such as Nokia, a B2B technology innovation leader, and Tecnotree Corporation, which provides digital BSS solutions. Industrial machinery manufacturing is also prominent, with KONE leading in elevators and escalators, and Valmet in process technologies for pulp, paper, and energy.
A common theme among these companies is a focus on sustainability and advanced technology. For instance, Neste helps businesses reduce greenhouse gas emissions, and Huhtamaki provides sustainable packaging. The list also includes large corporations like Fiskars Group, known for design-driven brands, and research institutions such as VTT, a leading Nordic research and technology company.
๐ซ๐ฎ Espoo ยท 30 companies ยท Updated Nov 11, 2026
| # | Company | Industry | Headquarters | Employees | Founded |
|---|---|---|---|---|---|
| 1 | [Nokia](https://www.tamtam.ai/c/nokia) (nokia.com)
A B2B technology innovation leader creating digital networks that enable collaboration and drive the future of industry applications and services | Telecommunications | ๐ซ๐ฎ Espoo | 101,094 | 1865 |
| 2 | [KONE](https://www.tamtam.ai/c/kone) (kone.com)
Global leader in elevator and escalator industry, providing solutions for safer, more convenient urban living through innovative People Flow technology | Industrial Machinery Manufacturing | ๐ซ๐ฎ Espoo | 62,000 | 1910 |
| 3 | [Metso](https://www.tamtam.ai/c/metso) (metso.com)
Metso Minerals and Outotec merged to form Metso Outotec, while Metso Flow Control became Neles, operating independently now. | Industrial Machinery Manufacturing | ๐ซ๐ฎ Espoo | 20,732 | 1999 |
| 4 | [Valmet](https://www.tamtam.ai/c/valmet) (valmet.com)
A global leader in process technologies, automation, and services for pulp, paper, energy industries, striving to enhance customer performance worldwide | Machinery Manufacturing | ๐ซ๐ฎ Espoo | 13,138 | |
| 5 | [Huhtamaki](https://www.tamtam.ai/c/huhtamaki) (huhtamaki.com)
Global provider of sustainable packaging solutions for food and beverages, committed to carbon neutrality and recyclable product design by 2030 | Packaging and Containers Manufacturing | ๐ซ๐ฎ Espoo | 6,082 | 1920 |
| 6 | [Neste](https://www.tamtam.ai/c/neste) (neste.com)
Helping businesses reduce greenhouse gas emissions and fight climate change through meaningful sustainability and climate action initiatives. | Chemical Manufacturing | ๐ซ๐ฎ Espoo | 3,610 | 1948 |
| 7 | [Metsรค Group](https://www.tamtam.ai/c/metsa-group) (metsagroup.com)
forest industry group owned by cooperative of 90,000 Finnish forest owners, promoting diversity and inclusive career opportunities | Paper and Forest Product Manufacturing | ๐ซ๐ฎ Espoo | 3,128 | |
| 8 | [Fiskars Group](https://www.tamtam.ai/c/fiskars-group) (fiskarsgroup.com)
Design-driven brands offering premium products for indoor living, outdoor activities, tableware, jewelry, gardening, and cooking categories globally. | Manufacturing | ๐ซ๐ฎ Espoo | 3,053 | 1649 |
| 9 | [Etteplan](https://www.tamtam.ai/c/etteplan) (etteplan.com)
Enabling breakthroughs, bringing people and technology together, changing industrial businesses for the better through engineering and technology services. | Industrial Machinery Manufacturing | ๐ซ๐ฎ Espoo | 2,954 | |
| 10 | [VTT](https://www.tamtam.ai/c/vtt) (vttresearch.com)
A leading research and technology company in the Nordic countries, offering innovative services and solutions to give partners a competitive edge globally | Research Services | ๐ซ๐ฎ Espoo | 2,810 | 1942 |
| 11 | [Ahlstrom](https://www.tamtam.ai/c/ahlstrom) (ahlstrom.com)
Global leader in fiber-based materials, providing innovative and sustainable solutions across Filtration, Food & Consumer Packaging, Healthcare, Building Materials, and Technical Materials divisions #SustainableSpecialtyMaterials | Paper and Forest Product Manufacturing | ๐ซ๐ฎ Espoo | 2,508 | 1851 |
| 12 | [Normet Group](https://www.tamtam.ai/c/normet-group) (normet.com)
A global technology company specializing in underground operations for mining, tunnelling, and civil engineering projects, focused on safety, sustainability, and productivity | Machinery Manufacturing | ๐ซ๐ฎ Espoo | 1,859 | 1962 |
| 13 | [Basware](https://www.tamtam.ai/c/basware) (basware.com)
It provides automation for complex invoice processes, helping finance teams reduce errors, improve efficiency, and focus on growth instead. | Software Development | ๐ซ๐ฎ Espoo | 1,684 | 1985 |
| 14 | [Metsรค Board](https://www.tamtam.ai/c/metsa-board) (metsagroup.com)
Leading European producer of premium fresh fibre paperboards focusing on sustainable, innovative packaging solutions with a goal of fossil-free operations by 2030 | Paper and Forest Product Manufacturing | ๐ซ๐ฎ Espoo | 1,549 | |
| 15 | [Tecnotree Corporation](https://www.tamtam.ai/c/tecnotree-corporation) (tecnotree.com)
Provider of full-stack Digital BSS solutions enabling communication service providers to monetize and transform business towards digital service marketplaces. | Telecommunications | ๐ซ๐ฎ Espoo | 1,285 | 1978 |
| 16 | [ICEYE](https://www.tamtam.ai/c/iceye) (iceye.com)
An international New Space company with the world's largest SAR satellite constellation, providing persistent monitoring capabilities for various sectors worldwide Join us! | Defense and Space Manufacturing | ๐ซ๐ฎ Espoo | 1,099 | 2015 |
| 17 | [Qt Group](https://www.tamtam.ai/c/qt-group) (qt.io)
A global software company empowering industry leaders and developers worldwide to create user-friendly applications and smart devices, increasing productivity across 70 industries | Software Development | ๐ซ๐ฎ Espoo | 1,054 | 1995 |
| 18 | [CSC - IT Center for Science](https://www.tamtam.ai/c/csc-it-center-for-science) (csc.fi)
Finnish center of expertise in information technology providing high-quality ICT services to higher education, research institutes, public administration, and enterprises | IT Services and IT Consulting | ๐ซ๐ฎ Espoo | 710 | 1971 |
| 19 | [Rovio Entertainment](https://www.tamtam.ai/c/rovio-entertainment) (rovio.com)
Global mobile games company known for Angry Birds brand, with over 5 billion downloads Produces games, animations, consumer products, and movies Acquired by Sega in 2023 | Computer Games | ๐ซ๐ฎ Espoo | 617 | 2003 |
| 20 | [Sumitomo SHI FW](https://www.tamtam.ai/c/sumitomo-shi-fw) (shi-fw.com)
Global provider of solutions driving energy decarbonization through biomass/waste energy, energy storage, carbon capture, waste recycling, and digital services for power and industrial markets worldwide | Machinery Manufacturing | ๐ซ๐ฎ Espoo | 552 | 2017 |
| 21 | [Geological Survey of Finland (GTK) / Geologian tutkimuskeskus (GTK)](https://www.tamtam.ai/c/geological-survey-of-finland-gtk-geologian-tutkimuskeskus-gtk) (gtk.fi)
Leading geoscience research agency specializing in sustainable geological resource assessment, offering expert, research, digital, and laboratory services for sustainable growth and development | Research Services | ๐ซ๐ฎ Espoo | 456 | 1885 |
| 22 | [Metsรค Wood](https://www.tamtam.ai/c/metsa-wood) (metsagroup.com)
Manufacturing engineered wood products like Kerto LVL, birch and spruce plywood, and processed sawn timber for construction and transport industries. | Wholesale Building Materials | ๐ซ๐ฎ Espoo | 444 | |
| 23 | [Remedy Entertainment Plc](https://www.tamtam.ai/c/remedy-entertainment-plc) (remedygames.com)
A pioneering game developer creating unique and immersive gaming experiences through innovative technology and captivating storytelling for over 25 years | Computer Games | ๐ซ๐ฎ Espoo | 431 | 1995 |
| 24 | [IQM Quantum Computers](https://www.tamtam.ai/c/iqm-quantum-computers) (meetiqm.com)
Global leader in quantum computing with offices in multiple international locations including Espoo, Munich, Madrid, Paris, and Singapore | Computer Hardware Manufacturing | ๐ซ๐ฎ Espoo | 421 | 2018 |
| 25 | [Evac Group](https://www.tamtam.ai/c/evac-group) (evac.com)
With a focus on sustainability, Evac applies expertise in water and waste technologies globally to improve environmental performance for businesses | Utility System Construction | ๐ซ๐ฎ Espoo | 411 | 1979 |
| 26 | [Walki Group](https://www.tamtam.ai/c/walki-group) (walki.com)
A company focused on sustainable packaging and energy efficient materials, promoting a zero waste future with international operations across Europe and Asia | Packaging and Containers Manufacturing | ๐ซ๐ฎ Espoo | 380 | 1930 |
| 27 | [Trimble Tekla](https://www.tamtam.ai/c/trimble-tekla) (trimble.com)
A technology company transforming the construction industry with advanced BIM software solutions for structural engineering, steel fabrication, and project collaboration | Software Development | ๐ซ๐ฎ Espoo | 330 | 1966 |
| 28 | [Lumene Group](https://www.tamtam.ai/c/lumene-group) (lumenegroup.com)
A leading Nordic beauty expert with brands in skincare, cosmetics, and hair care Committed to diversity, inclusion, and natural beauty | Personal Care Product Manufacturing | ๐ซ๐ฎ Espoo | 288 | 1970 |
| 29 | [Medix Biochemica](https://www.tamtam.ai/c/medix-biochemica) (medixbiochemica.com)
Supplies critical raw materials like antibodies, antigens, and biospecimens for in vitro diagnostics globally, enabling accurate IVD tests for patients worldwide. | Biotechnology Research | ๐ซ๐ฎ Espoo | 211 | 1985 |
| 30 | [Aidian](https://www.tamtam.ai/c/aidian) (aidian.eu)
Finnish-based IVD company developing fast diagnostic tests for point of care with a focus on promoting efficient healthcare and fighting against antimicrobial resistance | Biotechnology Research | ๐ซ๐ฎ Espoo | 205 | 1974 |
## How this list is built
Every company on this list has a Tamtam company profile. The industry is the one the company gives on LinkedIn; categories such as SaaS or fintech are classified by Tamtam's AI from the company's website and LinkedIn page; and the headquarters city must match the company's own address. Companies are ranked by the number of employees on LinkedIn, and the list is refreshed every night. Classifications can be wrong, so treat the list as a starting point rather than an official ranking. Last updated Nov 11, 2026.
## More company lists in Espoo
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- [Multinational companies in Espoo](https://www.tamtam.ai/l/multinational-companies-espoo) (81)
- [Software Development companies in Espoo](https://www.tamtam.ai/l/software-development-companies-espoo) (34)
- [Manufacturers in Espoo](https://www.tamtam.ai/l/manufacturers-espoo) (33)
- [SaaS companies in Espoo](https://www.tamtam.ai/l/saas-companies-espoo) (27)
## The same list elsewhere in Finland
- [Companies with in-house R&D in Finland](https://www.tamtam.ai/l/r-and-d-companies-finland) (177)
- [Companies with in-house R&D in Helsinki](https://www.tamtam.ai/l/r-and-d-companies-helsinki) (59)
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Source: https://www.tamtam.ai/l/r-and-d-companies-espoo