Annual report

ACTIVITY
Year 2017 was the 34th activity year of the trade association.

Annual meeting
The annual meeting of the trade association was organized on 10.5. in Helsinki. There were 10 participants. Chairman of the annual meeting was chairman of the trade association Mr. Jukka Nuortio.
Keynote speaker after the annual meeting was Under-Secretary of State, Mr. Petri Peltonen, Ministry Employment and the Economy. Business delegation led by Mr. Peltonen visited India in April 2017 and the participants had the opportunity to hear the latest news from India.

Other events
4.4. Breakfast meeting with guest speaker Sari Arho Havrén, Consul (Innovation) Tekes. Co-organized by Hongkong, China, Japan, Korea, Asean and India Trade Associations.

The traditional meeting with the Finnish Ambassador in India was organized on 31.8. During the networking event the participants had the opportunity to discuss on topical economic and political issues in India with H.E. Mrs. Nina Vaskunlahti.

Breakfast meeting ”India economic outlook” with guest speaker Mr. Jouko Rautava, Adviser, Bank of Finland, was organized on 17.11.

The joint Little Christmas Event of the six Asian and Australian trade associations was organized on 23.11. Keynote speakers of the event were Mr. Johnny Åkerholm, economic policy adviser, Finland Chamber of Commerce and Mr. lkka Saarinen, deputy director general, Ministry for Foreign Affairs. There we nearly 70 participants.

On 28.11. the trade association with the assistance of the Indian Embassy in Finland organized a Finland-India Meetup.
Keynote speakers of the event were: H.E. Mrs. Vani Rao, Ambassador of India in Finland; Ms. Ulla Koivukoski, Head of Avanto Ventures in India; Mr. Sameer Saral, Director and COO at Labsystems Diagnostics Oy and Ms. Jaana Auramo, Director, Tekes.
Moderator of the event was Mr. Chandan Chatterjee, Vice President – Sales, Global Services – Europe at Nokia / Member of the Board, Finnish-Indian Trade Association.
Representatives from the Finnish and Indian business communities as well as Slush participants from India were invited to the networking event.

Other activities
Representatives of the trade association have participated the India Network -meetings organized by the Ministry for Foreign Affairs.
Chairman Jukka Nuortio participated the farewell luncheon of Ambassador Sharma on 19.6.

Economical reviews, event invitations and other useful information provided by the embassies, Team Finland organizations etc. have been distributed to the members during the activity year.

FINANCES
The activities of the trade association were financed through membership fees.
In 2017 the total of membership fees was 4.545,00 euros. Membership fees in 2017: 170,- euros for corporate members and 40,- euros for individual members.

Deficit of the activity year was -2.352,04 euros. Own capital at the end of the activity year was 6.176,79 euros.

MEMBERS
The trade association had 30 corporate members/cooperation partners, 9 individual members and two honorary members in the end of 2017.

BOARD
The Board elected at the annual meeting on 10 May 2017:

Chairman:
Jukka Nuortio, Nordea Pankki Suomi Oyj
Vice-Chairmen:
Urs Pennanen, Metso Oyj
Markku Rannema, Agility Logistics Oy Ab
Members:
Heikki Autti, Dental Mammoth Oy
Chandan Chatterjee, Nokia Corporation
Hannamaija Fontell, Biolan Oy
Antero Lahtinen, henkilöjäsen
Auli Pere, Tekes
Risto Venermo, PwC.
Honorary chairman is Bertil Ekensten-Möller

The board met four times in 2017: 28.2., 9.6., 22.9. and 17.11.

AUDITORS
Auditors (toiminnantarkastaja) were Kaisa Lillqvist and Heikki Nokelainen and vice auditors Jaana Pukkila and Pekka Rautalahti.

ADMINISTRATION
The secretariat of the Finnish-Indian Trade Association is located at the Finland Chamber of Commerce. Coordinator of the trade association is Hanna-Leena Harma

Finnish-Indian Trade Association
c/o Finland Chamber of Commerce
P.O. Box 1000, 00101 Helsinki
tel. 09-4242 6228
e-mail: hanna-leena.harma@chamber.fi

Helsinki, March 2018
BOARD