VTT Technical Research Centre of Finland

"VTT" redirects here. For other uses, see VTT (disambiguation).


VTT Technical Research Centre of Finland Ltd
Teknologian Tutkimuskeskus VTT Oy
Teknologiska forskningscentralen VTT Ab

Main building of VTT in Otaniemi, Espoo
Agency overview
Formed January 16, 1942 (1942-01-16)
Headquarters Vuorimiehentie 3, Otaniemi, Espoo
Employees 2,600 (VTT Group 1.1.2015)
Annual budget 277 M€ (VTT Group 2014)
Minister responsible
  • Olli Rehn, Ministry of Employment and the Economy
Agency executive
  • Antti Vasara, President & CEO
Parent department Ministry of Employment and the Economy
Child agencies
  • VTT Expert Services
  • VTT Ventures
  • VTT International
  • VTT Memsfab
Website www.vttresearch.com

VTT Technical Research Centre of Finland Ltd is a Finnish non-profit multidisciplinary R&D organisation. VTT Group is a government agency, and has four subsidiary corporations: VTT Expert Services Oy, VTT Ventures Oy, VTT International Oy and VTT Memsfab Oy. 65% of funding is external (private), 35% is from the government and 21% international (2014).

History

VTT was founded in 1942 for scientific and public utility. VTT has its headquarters in Otaniemi. VTT is originally an abbreviation of Finnish words "Valtion Teknillinen Tutkimuskeskus" (State Technical Research Center).

VTT’s key technology fields

Statistics

VTT has 2,600 employees (2014), of which over 80% have a university degree. VTT has a patent portfolio of 1,200 patents and 1,500 publications yearly.

External links


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