VTT Technical Research Centre of Finland Ltd is a state-owned and controlled non-profit limited liability company.[3] VTT is the largest research and technology company and research centre conducting applied research in Finland. It provides research and innovation services and information for domestic and international customers and partners, both in private and public sectors.
VTT is part of Finland's innovation system and operates under the mandate of the Ministry of Economic Affairs and Employment.[4]
History
Technical Research Institute of Finland (VTL) (1942–1972)
VTT – then called the Technical Research Institute of Finland (, VTL) – was founded on 16 January 1942 by President Risto Ryti's decree during the Continuation War. Its mission was to engage in technical research for the benefit of science and society as a whole. Construction started immediately, and the research institute was completed in autumn 1943. The volume of the building was 20,000 cubic metres, and seven of VTT's first ten laboratories were placed in the building.