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100 top ranking staff to affect as UPM starts negotiation talks
Finnish forest-based bio-industry company UPM Plywood has started negotiation talks to reduce workforces affecting about 100 senior salaried officials and directors, said…
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Unemployment rate rises to 9.7% in Q1 in Finland
The average number of unemployed persons in the first quarter of 2025 was 272,000 in Finland, which was 38,000 more than in January to March 2024, according to Statistics…
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Atria expands into China, boosts Q1 profit
Atria, a major Nordic food company operating in Finland, Sweden, Denmark, and the Baltic countries, reported increased profit in the first quarter of 2025, driven in part…
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Nokia’s operating profit plunges by 74% in Q1
Finnish telecommunications giant Nokia reported a sharp 74 percent decline in its operating profit for the first quarter of 2025, reported Xinhua. According to the…
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More enterprises close, fewer open in Q4 2024
Number of enterprise openings was 4.3 per cent fewer in the last quarter of 2024 than one year before, according to Statistics Finland. There were 9,016 enterprise…
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Finland cuts taxes to boost growth
The government announced sweeping tax reforms on Wednesday, aimed at boosting growth and strengthening the country's global competitiveness, reported Xinhua. Prime…
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Public finances worsen in Finland in 2024
Finland's general government finances deteriorated in 2024, breaching European Union (EU) limits on deficit and debt, Statistics Finland said in a press release…
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OL3 to resume power generation by April 28 after outage
The Olkiluoto 3 (OL3) nuclear power plant unit, which remained disconnected from electricity production from March 1 due to a service outage, will resume production by…
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House rents go up in Finland in 2025 Q1
Rents of non-subsidised dwellings increased by 0.1 per cent in Greater Helsinki and by 1.4 per cent in the first quarter of this year compared to the January-March period…
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OL2 nuke plant to resume limited power generation in May
The Olkiluoto 2 (OL2) nuclear power plant unit is expected to resume electricity production on May 10, said the owner of the plant Teollisuuden Voima Oyj (TVO) in a press…
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