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Nokia Q2 operating profit slumps 29% on currency, tariff headwinds
Finnish telecommunications company Nokia reported a significant 29 percent decline in its operating profit for the second quarter (Q2) of 2025, according to its Q2 and…
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220 jobs to affect as UPM mulls closing Kaukas paper mill
The Finnish forest-based bio-industry company UPM has planned to end paper production in Kaukas, Lappeenranta and shift coated mechanical paper production in Finland to…
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Finnlines boss for deeper shipbuilding collaboration with China
China's shipbuilding industry offers advanced technology, competitive pricing, and a strong focus on energy efficiency and emissions reduction. These strengths,…
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Unemployment rate rises to 10.2% in Finland in Q2
The average number of unemployed persons in the second quarter of 2025 was 297,000, which was 27,000 more than in April to June 2024, according to Statistics Finland.…
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Renovation of Makasiinilaituri Quay begins in August
The City of Helsinki will begin the renovation work of Makasiinilaituri Quay, located north of Olympia Terminal and Satamatalo at Helsinki Port in early August, said the…
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House rents go up in Finland in Q2
Rents of non-subsidised dwellings fell by 0.3 per cent in Greater Helsinki and rose by 0.9 per cent in the rest of Finland in April to June 2025, according to Statistics…
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Finnair incurs €52.3m operating loss amid prolonged labour dispute
A prolonged labour dispute significantly impacted the operating result of Finnish national carrier Finnair in the first half of 2025, reported Xinhua, quoting the…
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Number of bankruptcies in Finland rises in June
A total of 305 bankruptcy proceedings were instigated in June 2025, which is 53 more than in the corresponding period one year earlier, according to Statistics Finland.…
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Fazer to invest €400m to build new chocolate factory in Lahti
Finnish food production company Fazer will invest about EUR 400 million in the construction of a new chocolate factory in Lahti, said the company in a press release on…
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More people in Finland file debt restructuring petitions in H1
A total of 2,724 debt restructuring petitions of private persons were filed with district courts from January to June in 2025, according to Statistics Finland. The…
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