Economy & Business

New figures show the number of liters of alcohol sold in Alko stores during November increased 5% compared with the previous year. There’s been a particular demand for Old World wines – those from Europe – and the coronavirus situation…

Finnish retailer Stockmann plans to sell its flagship Helsinki department store, as well as stores in Tallinn and Riga, to pay off some of its debts. The company then plans to lease the buildings back, and continue operating from them. It’s…

Stora Enso is set to invest €14 million building a new specialist plant at the Sunila Mill in Kotka. The new facility will make it easier to handle lignin products – a type of plant-based polymer that is a source…

One of the biggest coffee shop chains in Finland, Espresso House, is launching the Nordic region’s first an all-you-can-drink option for customers – which could be a hit in a country with a caffeine addiction! For a monthly fee of…

Finnish state-owned energy company Fortum says it plans to make all its operations carbon neutral by 2050. The new goal is outlined in the company’s latest strategy paper released on Thursday. As a first step CO2 emissions from European production will…

The Stora Enso paper mill in Oulu has become a Covid-19 hotspot after 150 workers there were found to have the virus. Around 1,700 contractors are working to turn the paper mill into into a packaging board plant, at two…

An annual look at Finland’s favourite brands in YouGov’s BrandIndex finds a top 10 dominated by popular domestic names. The index looks at different aspects of how customers perceive brands including quality, general image, value for money, reputation and customer…

New figures published on Monday morning show the ongoing economic impact of the coronavirus crisis. Statistics Finland reports the number of job vacancies during the period July-September was down compared to the year before. Last year there were 48,500 vacancies…

The Finnish Competition and Consumer Authority KKV says it wants to see changes in the way Finnish pharmacies operate, to cut their high profits, and pass on savings to customers in the form of cheaper medicines. Those are some of…

New proposals to make it easier for foreign tourists to come to Finland have been described as "far too complicated" by the Chairman of the Social Affairs and Health Committee in parliament. The government’s proposals would mean tourists from high…