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Neste axes 510 jobs globally, 370 in Finland
The state-run petroleum company Neste decided to permanently reduce 510 positions including 370 in Finland, said the company in a press release on Monday. The company…
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Finland exports lumber, forest products worth €12b in 2024
The value of forest industry exports was roughly EUR 12 billion last year, accounting for 17 per cent of Finland’s total exports of goods, according to the National…
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Prices of old single dwelling houses fall by 2.4% in 2024
Prices of old one-dwelling houses fell by 2.4 per cent in the whole country in 2024, according to Statistics Finland. Prices of one-dwelling house plots rose by 0.8 per…
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Germany’s Nordex bags wind-turbine order for Finnish projects
Swedish renewable energy company OX2 has placed two orders with Nordex SE to supply a total of 70 N175/6.X wind turbines for projects in Finland, the German wind-turbine…
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Valmet to cut 1150 jobs globally, 395 in Finland
Finnish engineering and manufacturing company Valmet is planning to cut about 1150 staff globally including 395 in Finland, said the company in a press release on Monday.…
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Trade balance posts €171m deficit in Jan
The trade balance showed a deficit of EUR 171 million in January 2024, according to the international trade in goods statistics provided by Finnish Customs on Friday.…
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Consumer confidence remains very weak in March
The balance figure of the consumer confidence indicator (CCI) stood at minus 8.2 in March, having been minus 9.0 in February and minus 8.4 in January, according to…
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Patria to invest €40m to expand production in Hämeenlinna
Majority Finnish state-owned defence arms factory Patria is making a €40 million investment to enhance and expand its Hämeenlinna production facility for…
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Tesla sales halve in EU amid broader EV boom
Sales of electric vehicles in the European Union (EU) rose in the first two months of 2025, but Tesla saw a sharp drop in new registrations, industry data showed on…
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Unemployment rate rises to 9.4% in Finland in February
The unemployment rate of persons aged 15 to 74, or the proportion of the unemployed among the labour force stood at 9.4 per cent in February, having been 7.8 per cent one…
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