STUK’s Finances 2024

In 2024, STUK’s operating expenses were approximately EUR 41 million. Approximately 45% (EUR 18.5 million) of operational funding came from the Government’s budgetary appropriations. Slightly less than half of the funding (18 million) was collected by STUK as regulatory charges from the supervised organisations. Of the regulatory charges, the greatest portion by far (EUR 17.2 million) came from the safety monitoring of the use of nuclear energy, and the remainder from the monitoring of radiation practices. Other sources of funding include the service business, co-financed operations and co-operation.

In 2024, STUK spent nearly two million euros more of governmentally appropriated funding than the preceding year. Despite this, 13.1 million euros were transferred from 2024 to 2025 and the amount of transferred funds grew by 3.7 million euros. Last year, STUK’s budget was exceptionally high, due to temporary additions related to the amendment of the Nuclear Energy Act, preparations for the safe commissioning of small-scale nuclear power plants and the reform of the external radiation monitoring network.

Several planned investments and other acquisitions were initiated in 2024 and will be paid in 2025. There are also major investments planned for the coming years, such as the renewal of the licensing and supervision system, for which competitive tendering will start in 2025. As such, costs are expected to increase temporarily over the next few years, and the deferred appropriation will play a significant role in achieving these investment objectives. STUK is also preparing for the impacts of the governmental productivity programme and continues its determined investments in the cost-efficiency of operations and strengthening its financial sustainability.

STUK’s personnel expenses increased slightly (0.4 million) year-on-year. They were EUR 25.5 million or approximately 62% of total expenditure. The increase in personnel expenses has been influenced by both the slightly increased number of personnel and salary increases in accordance with the collective agreement. In 2024, acquisition costs were approximately 15.6 million euros. The largest expenditure categories consist of service purchases (e.g. Valtori services and various specialist and research services) and the lease of the office building owned by Senaattikiinteistö.

Markku Kivioja, Director of the Administrative department, sees STUK’s financial situation as stable for the time being.

"We have drawn up plans in accordance with the productivity programme to achieve the savings targets for 2025—2027. The significant cut in the funding for co-operation in the neighbouring region will further highlight the choice of focus areas and resourcing of co-operation as part of STUK's strategic management. Increasing space efficiency was selected as the second significant savings target. To achieve this goal, we have launched a project concerning business premises in collaboration with another agency, in which we will consolidate the operations in our current premises and hand over some of our laboratory facilities to the partner agency. Preparations for the renewal of the payment system for public authorities were started as part of the reform of the Nuclear Energy Act in order to manage finances in the longer term and, in particular, to secure the operating conditions of nuclear safety supervision."