Government of Finland

12/22/2023 | Press release | Distributed by Public on 12/22/2023 04:25

Changes at the turn of the year in the administrative branch of the Ministry of Economic Affairs and Employment

Changes at the turn of the year in the administrative branch of the Ministry of Economic Affairs and Employment

Ministry of Economic Affairs and Employment
Publication date 22.12.20238.47| Published in English on 22.12.2023 at 12.24
Press release

On this page, you will find information on the changes that will affect the administrative branch of the Ministry of Economic Affairs and Employment.

Production incentive for the audiovisual sector to continue

The production incentive for the audiovisual sector will continue as Business Finland's support programme in 2024-2026. The production incentive compensates for up to 25 per cent of the costs of production carried out in Finland. The incentive aims to increase international interest in Finland as a country of production and to promote the development, growth and internationalisation of Finnish companies. The Government issued a decree concerning the incentive on 21 December 2023. It will enter into force on 1 January 2024.

The incentive scheme has played a key role in the internationalisation of the audiovisual sector and made it easier for Finnish companies to participate in international co-productions.

A production incentive for the audiovisual sector | Business Finland

Maximum amounts of compensatory fines to be adjusted

On 14 December 2023, the Government issued a decree by which the maximum amounts of compensatory fines laid down in the Collective Agreements Act will be revised in line with monetary revaluation.

According to the Collective Agreements Act, the amounts must be adjusted by decree every three years. The revision is not related to the legislative projects included in the Government Programme.

The decree is scheduled to enter into force on 1 January 2024.

Government Decree on adjusting the maximum amounts of the compensatory fines referred to in the Collective Agreements Act (in Finnish)

Chargeable services of ELY Centres, TE Offices and KEHA Centre in 2024

On 21 December, the Government issued a decree on chargeable services by the ELY Centres, TE Offices and KEHA Centre for 2024. The content of the decree is mainly in line with the previous decree on chargeable services. Some changes will be made to the decree's section concerning the fee schedule and the fees charged below the cost price. The decree will remain in force for the entire year.

Government Decree on services of the Centres for Economic Development, Transport and the Environment, Employment (ELY Centres) and Economic Development Offices (TE Offices) and

Development and Administration Centre (KEHA Centre) in 2024 (in Finnish)

EU thresholds for public procurement to rise on 1 January 2024

The European Commission has revised the EU thresholds used in public procurement. The changes are based on the World Trade Organization's (WTO) Government Procurement Agreement (GPA). The Commission reviews the EU thresholds to correspond with the GPA every two years.
The updates made by the Commission do not affect the national thresholds.

News item of 21 December 2023: EU thresholds for public procurement to rise on 1 January 2024