Economy & Business

Finnair suspends five China services over virus passenger cancelations

Finnair says it's suspending a number of China flights due to a drop in passenger volumes as Chinese authorities enforce a partial travel ban. The ban is in place across a range of transport modes like buses and trains, in...

Espoo company sending 200 decontamination units to Wuhan coronavirus hospital

A Finnish clear air technology company is supplying essential decontamination units for the Chinese city worst hit by the new coronavirus outbreak. Espoo-based Genano will send 200 of their units to one of two new hospitals currently being built in...

Big rise in the number of unemployed people

The number of unemployed people in Finland has risen month-on-month after a long period of declines. According to new figures released on Friday there were 257,000 unemployed jobseekers at the end of December. That's is 1200 more than the previous...

Prime Minister in Davos for World Economic Forum

Prime Minister Sanna Marin (SDP) is in Davos today, attending the World Economic Forum WEF. It's an annual gathering of billionaires, pop stars, Hollywood celebrities, huge multinational corporations, political leaders and civil society regularly attracts criticism for being a forum with...

New €200 million Jätkäsaari complex could become Helsinki’s home of floorball

A new €200 million sports and hotel complex is planned for Helsinki's neighbourhood of Jätkäsaari, and it could become the home of floorball in the capital city region. The Royal Centre announced on Tuesday that more than 700 parking spaces...

Valmet starts talks to cut 90 Tampere jobs

Valmet is starting talks to cut up to 90 jobs at its Tampere plant and move the work abroad. The company, which specialises in pulp, paper and energy technologies, says it's going to move part of its fabrics business unit...

Study: Successful integration not just down to one factor

A new study published by the Ministry of Economy Affairs and Employment finds that just having a job on its own is not a good indication of successful integration by foreigners in Finland. In fact, the study shows there isn't...

UpCloud gets €18 million funding for international expansion

Finnish cloud infrastructure company UpCloud has announced an €18 million funding boost that will help its international growth. The Helsinki-based company, founded in 2011, plans to recruit more than 100 new employees and launch ten new data centres in their...

Musti ja Mirri pet store chain plans stock exchange float

The popular pet supplies chain Musti ja Mirri is planning an initial public offering IPO and listing shares on the Helsinki Stock Exchange. The move would provide the parent company Musti Group with extra capital of up to €50 million...

Capital hotel construction: Experts warn there may be too many rooms

Dozens of new hotel projects underway or planned in the capital city region, potentially adding thousands of new hotel rooms; but experts say it's likely this will lead to over-capacity without a significant increase in tourist numbers. A 430-room Sokos...

Latest News

Jari Sillänpää child sex abuse trial begins at Helsinki court

Singer Jari Sillänpää, one of Finland's most popular and well-known entertainers, goes on trial Wednesday at Helsinki District Court. He's accused of sexually abusing a...

Haavisto heads to Washington; and still leads presidential poll

Foreign Minister Pekka Haavisto (Green) is heading to Washington DC today for talks with his US counterpart Mike Pompeo. On the agenda for the two-day trip is...

Morning headlines: Wednesday 26th February 2020

Survey: Police don't have time to do their jobs properly The results of a new survey, released on Wednesday, paints a grim picture of the...

Coronavirus quarantine keeps Finns in Tenerife hotel lockdown

Almost two dozen Finns are among a thousand people quarantined at a hotel in the Canary Islands, after three guests were diagnosed with Coronavirus. The...

‘Woodsman’ in court appealing his fourth murder conviction

A convicted killer known as the 'Woodsman' is back in court this week, appealing his latest conviction for murdering a career criminal he first...

Political groups suspend contacts with Finns Party Youth over fascism concerns

The youth organisations of seven Finnish political parties say they're suspending cooperation with the Finns Party Youth Group over concerns about how predominant fascism...

Employment rate – and unemployment rate – up in January

Finland's employment rate and unemployment rates both rose in January, compared with a year before. The government's target of 75% employment looks a step closer...

Morning headlines: Tuesday 25th February 2020

Ministry to consider funding implications for Finns Party Youth 'fascist' video The Ministry of Education and Culture tells News Now Finland a video by a senior Finns...