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Business
RMC gets order to build 2 icebreakers for US Coast Guard
Rauma Marine Constructions (RMC) on Monday announced that it has been awarded a contract by the United States Coast Guard for the construction of two Arctic Security…
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Foreign companies employ 334,330 staff in Finland last year
Foreign enterprises located in Finland employed 334,330 persons in 2024, according to Statistics Finland. Enterprises from Sweden, the United States, Germany, Jersey and…
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Bank of Finland sees no solid economic growth in coming years
The Finnish economy is moving out of a sluggish growth phase, but there is no strong growth anticipated in the immediate years ahead, according to the forecast for the…
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Parliament approves €90.8b budget for 2026 with €9.4b deficit
The Parliament on Friday approved the government budget proposal for the year 2026, said an official press release. The budget of 90.8 billion euros for the next year…
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Elisa cuts 357 jobs globally, 347 in Finland
Finnish telecommunications company Elisa decided to terminate 347 employees, including 347 in Finland as a part of its austerity measures, said the company in a press…
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Fish production drops by 24m KGs in Finland in 2024
A total of 119 million kilograms of fishes were caught in Finland in 2024 and the amount is 24 million kilograms lower than in the previous year, said the Natural…
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Recovery of Finnish economy delays: Finance Ministry
Finland’s economic recovery has been weaker than expected this year, according to the economic forecast published by the Ministry of Finance on Thursday. The…
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Outokumpu axes 368 jobs, 139 in Finland
Finnish steel company Outokumpu decided to cut 368 full-time employees including 139 in Finland as a part of its austerity measures, said the company in a press release…
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189 staff affected as UPM closes paper mill in Germany
A total of 189 employees were affected as Finnish forest-based bio-industry company UPM completed the employee consultation process to permanently close its paper mill in…
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Finland’s renewable energy share rises to 43% in 2024
Renewable energy accounted for 43 percent of Finland's total consumption in 2024, up more than one percentage point from the previous year, as output from wind and…
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