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Personnel

At the end of December 2020 Tecnotree employed 659 (600) persons, of whom 40 (40) worked in Finland and 619 (560) elsewhere. The company employed on average 637 (554) people during the financial period. Personnel by country were as follows:

Personnel
  2020 2019
Personnel, at end of period 659 600
Finland 40 40
Brazil 8 9
Argentina 41 41
India 464 412
United Arab Emirates 15 13
Other countries 91 85
Personnel, average 637 554
Salary expenses (MEUR) -18,239 -15,961

Tecotree continued to make substantial investments in personnel by increasing the manpower by 10% in 2020.