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Govt forecasts slow growth of Finnish economy due to tariffs
Finland’s economy is recovering from recession, but trade disputes and uncertainty are delaying faster growth, according to the forecast published by the Ministry…
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Cargo handling at Helsinki Port drops slightly in Jan-May
The total volume of cargo transported through the Port of Helsinki was 5.8 million tonnes in January-May period, which is 0.7% less than during the corresponding period…
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Inflation remains at 0.5% in May
The year-on-year change in consumer prices was 0.5 per cent in May 2025, according to Statistics Finland. In April, inflation stood also at 0.5 per cent. The…
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62 lose job, 640 affected as Fortum ends negotiation talks
The Finnish majority state-owned energy company Fortum has completed restructuring negotiations with the employees as a part of its austerity measures by reducing…
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Finland exports ever highest defence materiel in 2024
The Ministry of Defence granted 432 licences to 52 countries for permanent exports and transfers of defence materiel in 2024, according to a report published by the…
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Prices of liquid fuels, electricity drop in Q1
Prices of liquid fuels, electricity and wood pellets fell in the first quarter of 2025 compared to the corresponding period in 2024, according to Statistics Finland.…
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9 top ranking staff lose job, 100 affect as UPM ends negotiation talks
Nine senior salaried officials will lose job, and about 100 others will be affected as the Finnish forest-based bio-industry company UPM Plywood completed negotiation…
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Bank of Finland sees no economic growth until next year
Trade policy tightening and uncertainty about the path of the global economy will nevertheless slow the pace of this growth, and a clearer improvement in the economy will…
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3,812 bankruptcy proceedings conclude in last year
A total of 3,812 bankruptcy proceedings and 471 business restructuring petitions were concluded by courts in 2024, according to Statistics Finland. Altogether 602 of the…
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Cash withdrawal in Finland declines
People in Finland withdrew less amount of cash in the second half of 2024, said the Bank of Finland on Friday. In the second half of last year a total of 28.2 million…
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