Economy & Business

Finnair raises €501 million, as passengers get ‘clean kits’ on expanded flight services

Finland's national airline Finnair has raised €501 million in a share offering that was so popular, it was oversubscribed by 11%. The fundraising effort was indented to boost Finnair's financial position and the company, which is more than 55% owned...

Finns’ confidence in life and the economy after coronavirus improves

A new survey highlights how Finns are relaxing their own personal coronavirus restrictions as the epidemic subsides, and how they have more confidence in life after the pandemic. The study was carried out by the Federation of Finnish Industries EK...

Restrictions on restaurants and bars easing again next week

From next Monday restaurants, cafes and bars will be able to serve more customers, for longer, than they are currently able to as the government further relaxes coronavirus restrictions. Ministers Krista Kiuru (SDP) and Hanna Kosonen (Centre) made the announcement alongside experts...

Forecast: Finland’s coronavirus economic recovery will be slow

A new forecast from the Ministry of Finance predicts that Finland's recovery from the economic damage caused by the global coronavirus pandemic will be slow. The report, published on Tuesday, says the economy will shrink by 6% this year as...

New budget gives €5.5 billion coronavirus recovery shot in the arm

The Government has unveiled it's new supplementary budget which gives a €5.5 billion shot in the arm to Finland, to help the country recover from the financial impact of the coronavirus pandemic. Some of the key areas which will receive...

UPM closing Jyväskylä plywood plant with 167 job losses

Finnish pulp and paper company UPM is closing its Jyväskylä plywood plant with the loss of 167 jobs. The plan produces spruce and birch plywood but UPM says the profitability of the operation "has been weak for a long time,...

Closing time: eased restrictions on bars and restaurants come too late for some businesses

A decision to ease restrictions and allow restaurants, cafes and bars to re-open this week is welcome news for many in the industry eager to get back to business after two months of enforced closures. But for others Monday is...

Parliament approves new rules to open restaurants, cafes and bars

Parliament and the President approved new temporary amendments to the Communicable Diseases Act on Friday, which makes it possible for restaurants, bars and cafes to open again for business on 1st June. Businesses will be able to serve alcohol until...

Number of unemployed jobseekers nearly doubles in April

The number of people out of work and looking for employment almost doubled in April compared with the year before, as the coronavirus crisis deepened. The latest statistics, released on Wednesday, paint a stark picture of the impact on society...

Coronavirus epidemic means fewer summer jobs available

The number of summer jobs available this year in Finland has dropped compared to the year before. According to the Central Organisation of Finnish Trade Unions SAK, the number of summer jobs has fallen across all sectors but especially in...

Latest News

Turku hospital starts coronavirus drug treatment tests

Turku University Hospital Tyks has launched a trial of a drug called tocilizumab to see if it can help stop coronavirus patients from becoming...

HS investigation reveals widespread mistreatment of cleaning staff

A lengthy investigation by Helsingin Sanomat has uncovered widespread mistreatment of cleaning staff who are low paid, and often asylum seekers or new immigrants hoping...

Finnair raises €501 million, as passengers get ‘clean kits’ on expanded flight services

Finland's national airline Finnair has raised €501 million in a share offering that was so popular, it was oversubscribed by 11%. The fundraising effort was...

GALLERY: Finland’s baby birds are kind of adorable!

May and June are the busiest months in Finland for spotting baby birds. There are still some around in July but by now most...

England opens quarantine-free travel to passengers from Finland

Anyone in Finland who wants to travel to England this summer will be able to do so without having to quarantine, from 10th July. On...

A new political party? Timo Soini says maybe.

Veteran politician Timo Soini, who lead the Finns Party to become a major force in Finnish politics, who was a founding member of Blue Reform...

Finns’ confidence in life and the economy after coronavirus improves

A new survey highlights how Finns are relaxing their own personal coronavirus restrictions as the epidemic subsides, and how they have more confidence in...

Morning headlines: Friday 3rd July 2020

Finns relaxing their own coronavirus restrictions Two surveys have highlighted how Finns are relaxing their own personal coronavirus restrictions as the epidemic fades in Finland....