Economy & Business

Finland Wins Crucial EU Forestry Vote

The Finnish government and the forest industry claimed a victory today, after a vote in the European Parliament on the method of calculating carbon sinks in forests. Strasbourg lawmakers had wanted to limit the amount of trees that can be...

Optimistic Outlook for Business Landscape

Finland's small and medium sized companies (SMEs) say they have improved expectations about the country's economy. According to a new "economic barometer" survey, an average 47% of SMEs think the economic situation will improve over the next year. That's up...

Finnish Exports Rising Sharply

Finnish exports are rising sharply, according to new data from Customs. The value of Finnish export goods grew by 20% overall in 2017 compared to the same period last year, and was worth nearly €4.7 billion. Exports to EU countries grew...

Nordea Picks Helsinki for New Headquarters

Nordea Financial Group has decided to move its corporate headquarters to Finland. The company's Board of Directors made the decision today, to switch from Stockholm to Helsinki. Nordea has been considering a move for some time, and the choices were to...

Stock Exchange for Finland’s ‘Angriest’ Gaming Company

One of Finland's best known gaming companies plans to be listed on the Helsinki Stock Exchange. Rovio is known for its wildly popular Angry Birds series of games - and associated merchandise - will hold a press conference this morning to...

Finnish Companies Get Cyber Tested

Finnish companies have been busy preparing themselves for possible cyber attacks but with mixed results. Silverskin, a Helsinki-based cyber attack company, says that in its simulations, one third of companies got a bad rating. Over the last year, 30 Finnish companies...

Tough Climate for Vaasan Sähkö Electricity Group

Vaasan Sähkö electricity group faced a tough start to 2017, as the company celebrated it's 125th birthday. Electricity sales from January to June were down 5.5% over the previous year. This was partly due to warmer weather, and the prolonged...

Growing Zero Hours Contracts for Summer Jobs

The number of so-called zero hours contracts for summer workers in Finland has increased noticeably this summer. That's according to the Central Organisation of Finnish Trade Unions SAK; AKAVA, the federation representing unions for people with higher education; and STTK...

Uber Ends POP Service for Helsinki

Uber is calling a halt to most of its operations in Helsinki from today. The company says that after two and a half years, its UberPOP service will take a break until 2018. In a series of blog posts, the company...

Rovio Flying To Stock Exchange?

Could Finland's Rovio Entertainment company be flying towards the stock exchange? A €1.7 billion IPO could be in the works for next month, according to Bloomberg, although a final decision has not yet been made. Rovio are the Espoo-based makers of...

Latest News

Morning headlines: Wednesday 12th August 2020

Li Andersson: 'Coronavirus back-to-school discussion has moved on since spring' Finnish students are heading back to school on Wednesday, after an unprecedented year that saw...

Li Andersson interview: ‘Coronavirus back-to-school discussion has moved on since spring’

Finnish students are heading back to school on Wednesday, after an unprecedented year that saw classes suspended during the worst of the coronavirus epidemic...

Turku knife attack hero in court over compensation fraud 

A British man hailed as a hero during the Turku terror attack was in court Tuesday facing charges of fraud. Hassan Zubier, who lives in...

Finland’s top diplomat in Beirut: ‘Lebanese people seem to be tired of rising from the ashes’

The Muslim call to prayer echoed from mosques across Lebanon on Tuesday evening, as church bells tolled at exactly 18:09, a week after a...

Minister of Justice caught out by announcement of strict quarantine rules

Minister of Justice Anna-Maja Henriksson (RKP) was apparently caught out by a Monday night announcement from Minister of Family and Basic Services Krista Kiuru (SDP) that...

Morning headlines: Tuesday 11th August 2020

New testing regime, and fines or prison time for travelers who don't self-isolate Finland will introduce fines or even a possible three month prison sentence...

Minister: Fines or prison time for travelers who don’t self-isolate

Finland will introduce fines or even a possible three month prison sentence for people who refuse to go into self-isolation when they arrive from...

Investigators scour social media video for Hanko powerboat crash clues

Accident investigators are scouring social media video to find different views of a boat crash that left a child of primary school age dead,...