The city's 2025 results weakened significantly from the previous year

The finances of the City of Imatra in 2025 were weaker than budgeted. 

The annual profit was EUR 7,7 million and the deficit for the financial year was EUR 2,9 million. The previous year, the annual profit was EUR 13,4 million and the surplus was EUR 3,1 million.  

The reasons behind this are the same as in the municipal sector more generally: the TE reform, a decline in tax revenue, and a decrease in government transfers. 

— The city's operating expenses developed very moderately, but the TE reform weakened the city's finances by approximately 600,000 euros, government transfers decreased in real terms by approximately two million euros and tax revenue by approximately 1,5 million euros compared to the previous year, the mayor said. Matias Hilden says. 

Due to the weak economic development, the Association of Finnish Local and Regional Authorities updated the municipalities' tax revenue estimates clearly downwards in January 2026. 

According to Hilden, the city's finances currently have a deficit that cannot be bridged without new measures. The financial situation will be discussed with the council at an information session on Monday, February 16.2.  

More than planned for investments 

Gross investments in 2025 were EUR 13,9 million and net investments were EUR 12,5 million. Cash flow from operations and investments was EUR 4,9 million in the negative. 

—Net investments exceeded the budget by 3,4 million euros. 1,6 million euros were spent on the renovation of the Vuoksenniska field and 1,3 million euros on the regional renovation of the Meltola area. Net investments were increased by the purchase of the Valtionhotelli plot and the capitalization of a subsidiary, which were decided during the financial year, Group Finance Manager Marko Pollari says. 

City Board deals with results for 2025 on Monday, February 16.2. The financial statements will be discussed by the city council in March.  

The figures presented above are the parent company's figures. The Group's figures will be completed later. 

For more information: 

mayor Matias Hilden, matias.hildenimatra.fi (matias[dot]hilden[at]imatra[dot]fi), tel. 020 617 2200 

group finance manager Marko Pollari, marko. pollariimatra.fi (marko[dot]pollari[at]imatra[dot]fi), tel. 020 617 2268