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Business
Google buys €27m land in Finland for data center expansion
U.S. search engine giant Google has acquired about 1,400 hectares of land worth 27 million euros at Muhos and Kajaani in Finland to expand its cloud and data center…
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Business confidence on rise but still weak: EK
Confidence in major business sectors, except for retail trade increased in November, said the Confederation of Finnish Industries (EK) on Wednesday. In the manufacturing…
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154 staff to affect as UPM to close Kaltenkirchen factory in Germany
Finnish forest-based bio-industry company UPM has decided to permanently close its Kaltenkirchen factory in Germany, said the UPM in a press release on Wednesday. The…
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Consumer confidence remains very weak in November
The balance figure of the consumer confidence indicator (CCI) stood at minus 7.4 in November, having been minus 6.8 in October and minus 8.1 in September, according to…
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Number of unemployed jobseekers rises in Oct
The number of unemployed jobseekers was 285,200 in Finland at the end of Ocrober and the number is 29,100 more than a year earlier and 5,400 more than in the previous…
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Median monthly earning in Finland was €3,564 in 2023
The median for monthly earnings of full-time wage and salary earners was EUR 3,564 per month in 2023, according to Statistics Finland. The highest paid decile of wage…
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Industrial Union warns of strike on Dec 10
The Industrial Union (Teollisuusliitto) on Thursday submitted a new strike warning to the Technology Industries Employers’ of Finland. The strike warning submitted…
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Power generation at OL3 nuke plant resumes
Electricity production at the Olkiluoto 3 (OL3) nuclear power plant resumed on Thursday after four days outage following a glitch, said the owner of the plant…
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Prices of old single houses drop by 5.5% in Q3 Y-on-Y
Prices of old one-dwelling houses fell by 5.5 per cent in the third quarter of 2024 from the stipulated period of previous year and by 1.5 per cent from the previous…
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Govt forecasts rise of unemployment until end of 2026
The expected recovery of the employment rate will be delayed by the labour market downturn in autumn 2024 and long-term unemployment is projected to increase until 2026,…
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