1. Leinonen Group - story F rom the living room to international business Petteri Leinonen Group Managing Director Leinonen Group Presentation at the Aalto University

2. Establishment of my first company - Tehotilit Oy Starting business in our sitting room Finland 1989 2

3. The first company abroad Studying a new culture Gift or corruption Family support - the whole family moved to Estonia Country was young – what does it mean? Estonia 1992 3

4. Growing after clients Neste Oil asks to follow them to Latvia Violence in Riga Carrols asks to come to St Petersburg Where do we get the money? Latvia and Russia (St Petersburg) 1995 4

5. Neste Oil again Managements problems Break in the geographical enlargement Lithuania 1996 5

6. New business area Sia Audit Latvia 2005 6

7. Capital and big money Russia (Moscow) 2006 7

8. Old managers, new challenges Bulgaria – Balkan Poland – HR problems Bulgaria and Poland 2008 8

9. Wrong aeroplane?? Budapest, not Bucharest Hungary 2011 9

10. Difficult, more difficult, Ukraine First written strategy plan - Sweden Ukraine and Sweden 2012 10

11. Expensive HR Fear of loss your license Norway 2013 11

12. 12

13. Current situation of Leinonen Group 13 26 years in the accountancy business 22 years of international accountancy experience 11 countries and 13 offices About 6,5 MEUR and 160 employees About 1000 customers 10% turnover grow in 2014

14. Some advice 1. Check your resources. Money, time. 2. Check your parners background 3. Make your homeworks, do not repeat others mistakes 4. Focus on your business, use specialists 5. Confidence is good, control better

15. 15 Thank you !