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Helen earmarks 3 sites for possible nuke power plant in Helsinki
Energy company Helen initially has selected three sites for further assessment to set up a potential nuclear power plant in Helsinki, said the City of Helsinki and the…
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Metso axes 80 jobs globally, 43 in Finland
Minerals processing and metals company Metso decided to cut about 80 jobs including 43 in Finland, said the company in a press release on Thursday. Metso completed the…
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Finland, Sweden sign deal with Bittium to buy command control system
Finland and Sweden on Wednesday signed a framework agreement for command and control systems with Finnish company Bittium , said Finnish Defence Forces in a press…
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Net profit for BMW soars to €1.7 billion in Q3
German luxury carmaker BMW more than tripled its earnings in the third quarter, the company announced on Wednesday, in a rare beacon of hope for the country's ailing…
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5 Finnish clean tech projects to get €300m EU Innovation Fund
Five Finnish projects will receive funding from the European Union (EU)'s Innovation Fund to support the deployment of new clean technology solutions, reported…
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Patria, Valmet to jointly produce armoured vehicles
Majority Finnish state-owned defence arms factory Patria and automotive contract manufacturer Valmet Automotive signed a Letter of Intent (‘LOI’) on…
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Audi posts profit rise in 3rd quarter after weak results last year
Profit at German carmaker Volkswagen's subsidiary Audi more than doubled in the third quarter, mostly thanks to a very weak performance in the same period last year,…
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EIB grants €90m loan to OL nuke plants
Teollisuuden Voima Oyj (TVO), owner of the Olkiluoto nuclear power plants and The European Investment Bank (EIB) signed a new loan agreement of EUR 90 million to finance…
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198 Pizza, Kebab, Chinese restaurants face tax evasion charges
The Finnish Tax Administration during an audit of restaurants found that about 11 million euros of tax remained unpaid, said the Tax Office in a press release on…
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UPM’s Q3 profit tumble underscores weakness of forest industry
The downturn in Finland's forest industry deepened on Wednesday as UPM, regarded as the country's largest and most influential forest industry company, reported…
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