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Ramirent signs merger deal worth €970 million with French company

Finnish construction equipment company Ramirent has signed a merger deal with Europe's biggest machine rental company Loxam, an agreement worth €970 million. The price that the French company paid...

Small change: No cash requirement to register new Oy business

From July, anyone who wants to establish a limited company in Finland won't need to prove that they've got €2500 cash in the bank. That...

Positive trend continues for unemployment figures

The ongoing fall in unemployment figures continued in April, with new figures showing fewer unemployed jobseekers, fewer long term unemployed people, fewer young people...

ETLA: Immigrant-run businesses create jobs, but pay low wages

A new report from the Research Institute of the Finnish Economy ETLA finds that businesses run by immigrants create a lot of jobs, but...

Stockmann to cut 160 jobs in Finland as part of huge...

Famed department store chain Stockmann is looking to cut up to 160 jobs in a bid to save cash. It’s part of a drive to...

Banks increase limits for contactless payments

Customers in most Finnish banks can now use their bank cards to make contactless payments up to €50. The previous limit was €25. Banks that...

Posti announces 59 job cuts, and moves other jobs to Estonia

The Finnish post office Posti has announced that it's cutting 59 positions, and transferring another 14 jobs to Tallinn. Negotiations on redundancies have already started,...

Stora Enso announces up to 400 job cuts at Oulu mill

Paper and forestry company Stora Ensa says it has started negotiations to axe up to 400 jobs out of 600 at its Oulu mill. In a...

From London to Vantaa, Brexit chaos is already hurting Finnish businesses

On an industrial estate in Vantaa, the effects of Brexit are already being felt. Even though the United Kingdom hasn't yet left the European Union,...

Nokia confirms 280 job cuts in Finland this year

Telecoms giant Nokia has confirmed it will cut 280 jobs in Finland this year. In October last October, the company said it planned to embark...