Economy & Business

Open for business – but immigrant entrepreneurs struggle during coronavirus pandemic

Business is brisk on a Saturday afternoon in Adil Al-Massi's Tapiola barber shop. Its prime location between Ainoa shopping centre and Sokos Hotel means there's a good flow of customers dropping in for a haircut or beard trim. Since Friends Barbershop -...

One giant leap for Nokia, as telecoms company lands lunar contract

The US space agency NASA has announced $14.1 million funding (€12 million) for Nokia to build a 4G communication network on the moon. It was part of a larger tech funding announcement made by NASA as it outlines its plans...

Finnair serves mile high meals to ground level customers

Finland's national carrier Finnair is joining a new airline trend to bring in-flight experiences to customers on the ground, as they look for innovative ways to make money during the ongoing coronavirus travel restrictions. From Wednesday a selection of Finnair's...

Restaurant and bar workers bring ‘Ladle Revolution’ protest to the streets of Helsinki

Hundreds of restaurant and bar workers, many carrying ladles from their kitchens, gathered in Helsinki on Thursday to protest increased coronavirus restrictions which they say will impact thousands of jobs in the industry. The demonstrators banged the utensils together within...

Nokia inks new 5G infrastructure deal in UK

Nokia has signed a deal to become the largest infrastructure partner for British telecoms company BT. As part of the deal Nokia will provide equipment and services at BT radio sites across the UK as the company expands its domestic...

Altia announces merger with Norwegian drinks brand

Alcohol brand Altia, partly owned by the State of Finland, has announced a merger with Norwegian drinks firm Arcus. Altia, whose products include Koskenkorva, Blossa and Jaloviina, announced the deal on Tuesday morning saying the merger would form the leading...

Government considers new bar and restaurant restrictions

The Finnish government is considering bringing in new restrictions on bars and restaurants because of the continued spread of coronavirus. Speaking to MTV News on Sunday, Minister of Family and Basic Services Krista Kiuru (SDP) says that one option is...

Latest figures: Unemployment rising, employment weakens

New figures from Statistics Finland released on Tuesday morning show the position of employment has weakened, while unemployment has risen compared with the year before. It's further evidence of the impact the coronavirus crisis has had on Finland's economy, and...

Government ‘forgot’ about restaurant and tourism industry in budget

The Finnish Hospitality Association MaRa says the government 'forgot' about the restaurant and tourism industry in the 2021 budget, which was unveiled on Wednesday. MaRa has joined with the service sector trade union PAM to call for temporary VAT cuts to...

Finnair cuts domestic flights as government guarantees regional connections

Finnair says it will continue some flight services through the winter to five regional airports, but then stop those connections at the end of March next year. The airports affected are Joensuu, Jyväskylä, Kajaani, Kemi and Kokkola. Finnair said reduced demand...

Latest News

Finland declares state of emergency over rising coronavirus cases

Finland has declared a state of emergency, with immediate effect, because of the rising number of coronavirus cases - especially in the capital city...

Kennel Club announces ban on guard dog ‘hobby training’ after horrific videos reveal abuse

The Finnish Kennel Club Kennelliitto has announced a ban on training of guard dogs as a hobby after video last week showed animals being...

Exiled Belarus opposition leader begins four-day Finland visit

The exiled opposition leader of Belarus Sviatlana Tsikhanouskaya is beginning a four day visit to Finland on Monday. During her trip she will meet for...

MP Elina Lepomäki makes unexpected Helsinki election announcement

National Coalition Party MP Elina Lepomäki has announced that she'll be a candidate in May's municipal elections, standing for a Helsinki City Council seat -...

Spring weather on the way this week, but watch out for ‘takatalvi’

Meteorologists are forecasting spring-like weather on the way this week, but the fairer conditions come with the warning of 'takatalvi' or 'winter backlash' still...

Helsinki hits highest-ever positive covid cases as pandemic worsens in the capital

The City of Helsinki says 274 new Covid-19 cases were confirmed on Saturday, the highest single-day tally for the capital since the start of...

Flags are flying for Finnish Day of Culture and a celebration of Kalevala

Flags are flying in Finland today to celebrate Kalevala, the national epic literary work written by author Elias Lönnrot in 1835. February 28th is also...

Kirsi Piha quits: Kokoomus rocked as Helsinki mayor candidate drops out of the race

The National Coalition Party candidate in the Helsinki mayoral race Kirsi Piha has announced she won't now run for election, citing an ideological split in...