Economy & Business

Finnish exports caught in America’s new trade tariffs

The American Government has slapped $7.5 billion tariffs on goods coming from the EU to the USA. The decision to impose the tariffs comes at the end of a 13-year long dispute at the World Trade Organisation over subsidies the...

Posti boss quits after weeks of controversy 

The CEO of Posti Heikki Malinen has quit his job after a series of negative issues, widely reported in the media over the past month, ultimately made his position untenable. In September, hundreds of parcel force workers were told they would...

Temporary closure for Tampere factory impacts 375 jobs

Industrial company Metso is starting employee negotiations to temporarily shed 375 workers at its Tampere factory. According to the company the temporary job cuts - up to three months in total - are because they need to cut costs and...

Latest figures: employment rising, unemployment falling 

New figures out this week show continued good news for the government on employment. According to the Employment and Economic Development Offices the number of unemployed jobseekers in August was 232,600 - that's down by more than 36,000 from the...

Stora Enso appoints a new CEO

Finnish-Swedish paper company Stora Enso has appointed a new CEO. Annica Bresky has been named to the top job, and takes over in early December from outgoing CEO Karl-Henrik Sundström. The 44-year old Bresky is a Swede, and has been with the company since...

Tjäreborg charter flights to continue today 

Finnish holiday company Tjäreborg is resuming its charter flights today. The company canceled their Thomas Cook Scandinavia charter flights on Monday as a precaution after their parent company went bankrupt. Five flights and 525 passengers were hit by Monday's cancelations. However the...

Thomas Cook collapse leaves Tjäreborg customers grounded

The collapse of British travel company Thomas Cook is having an impact on thousands of Finnish holidaymakers as well. Thomas Cook is the parent company of Finnish travel agency Tjäreborg, which has now canceled all Thomas Cook Scandinavia charter flights on...

Electricity distribution company Caruna to raise prices again

Electricity distribution company Caruna Oy is to raise its prices again, going up an average of 3.9%. Sister company Caruna Espoo Oy's prices remain unchanged. Caruna says the price increase is needed due to network improvement projects such as clearing trees...

Google announces major €600 million investment

The CEO of global tech giant Google has announced a major new investment in Finland, during a visit to Helsinki. Sundar Pichai met for talks with Prime Minister Antti Rinne (SDP) and made the announcement of €600 million to expand Google's...

Lidl supermarket chain appoints new Finland CEO

A relative newcomer to the Finnish supermarket scene is getting a new boss. Nicholas Pennanen takes over as CEO of Lidl Suomi from 1st October. He's been working for the company for the last decade, most recently as Operations Director. "On behalf...

Latest News

Island life: Finnish chef wins Swedish reality TV show

A chef from Åland has been crowned winner of the latest season of the Swedish reality TV show Expedition Robinson - known in other...

Ministry wants to order €100 million worth of protective equipment

The Ministry of Health has submitted a procurement proposal to buy €100 million worth of protective equipment for the National Emergency Supply Agency NESA,...

Finnair begins new round of layoff talks today

Finnair is starting additional layoff talks today involving more than 6,000 staff. Although the national carrier has announced a return to around 30% of its...

Children in low-income families hit hardest by coronavirus stresses

Children in low-income Finnish families have been impacted by the stresses of the coronavirus crisis more than children from wealthier households. A new survey from...

Morning headlines: Monday 25th May 2020

Children from low-income families impacted most by coronavirus crisis Many children from low-income families are facing fears about the coronavirus crisis, and are concerned about...

PM forced to release coronavirus papers after accusations of secrecy

Prime Minister Sanna Marin (SDP) has been forced to order the release of papers that show how an expert committee handled coronavirus deliberations, after being...

Karita Mattila: Opera diva, interrupted

Overture. Opera singer Karita Mattila is as energetic on the telephone as you would imagine from scrolling through her up-beat Twitter feed. "Oh no! I've called...

Coronavirus round-up: Friday 22nd May 2020

Here’s our evening round-up of the latest coronavirus news from Finland: No new coronavirus deaths reported on Friday President criticises eurozone Covid-19 bailouts Crisis...