Bayer is one of the biggest corporate income taxpayers in Finland. Last year Bayer paid a total of 141 million euros in corporate income tax, consisting of the combined taxes paid by Bayer Nordic SE (131.344 M€) and it's subsidiary Bayer Oy (9.743 M€).

Considerable taxes and strengthening of the local functions with further investments reflect Bayer's commitment to Finland. The Supply Center in Turku is one of Bayer's most significant pharmaceutical plants worldwide. Products are exported to more than 130 countries, and in 2019 the sales of the IUS family exceeded 1.2 billion euros.

Combined taxes from the last decade exceed one billion

Bayer established the headquarters for its Nordic organization in Finland in 2011. In addition to Finland the region consists of the Baltics and other Nordic countries. Between 2011 - 2019 Bayer has paid more than one billion euros in corporate tax to Finland. Bayer Nordic's CEO Miriam Holstein is proud of the corporate social responsibility shown by Bayer.

"It is important to us that Bayer pays taxes where the value is created. Bayer has a strong economic presence in Finland, and we believe in its unique and innovative ecosystem and in the power of collaboration in building the Finnish society also in future," says Holstein.

 
According to Miriam Holstein, from a global pharmaceutical company's point of view Finland provides a good environment for investments, developing new products and production. Finland's investment in education and innovations also receive accolades.

”Finland's strengths include digital health technology and expertise in clinical research and drug development. I believe that investing in innovation, top-class research and high level of education is key to Finland staying competitive in the global environment in future as well."

 
Further information and interview requests:
Communications Manager Aino Försti-Smith, aino.forsti-smith@bayer.com, +358 40 687 9995