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New nuke power projects in Nordic unviable without state support
Finnish majority state-owned energy company Fortum said on Monday that building new nuclear power plants in Finland and Sweden is not economically feasible without…
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65 to lose job, 640 affect as Fortum starts negotiation talks
About 65 employees will lose job and 640 will be affected as the Finnish majority state-owned energy company Fortum started codetermination talks, said the company in a…
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Global GDP growth projected to slow down to 3.1% in 2025
Global GDP growth is projected to moderate from 3.2 percent in 2024 to 3.1 percent in 2025 and 3 percent in 2026, the Organization for Economic Cooperation and…
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Real estate maintenance costs on rise in Finland
Real estate maintenance costs rose significantly in Finland in the last four years, according to Statistics Finland. The costs rose by 16.4 percent in Finland from 2021…
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Pork, beef productions rise, sheep meat drops in Finland in 2024
The productions of beef and port increased in Finland in 2024 while the production of sheep meat decreased, according to the Natural Resources Institute Finland (Luke).…
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Trump’s policies weaken outlook for Finnish export companies
Up to 80 percent of Finnish export companies expressed concerns that U.S. President Donald Trump's policies weaken their prospects, according to a survey published…
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Grey economy link to small, medium Cos´ tax totals €120m yearly
The grey economy relating to corporate income tax of small and medium sized companies amounts to an average of €120 million annually, according to a report…
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462 staff to affect as UPM to close paper mill in Germany, stop CEMS
Finnish forest-based bio-industry company UPM has decided to permanently close its paper mill in Ettringen, Germany, said UPM in a press release on Tuesday. The closure…
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208 to lose job as Metsä closes Tako board mill
A total of 208 employees will lose job as Finnish forest industry company Metsä will permanently close Tako board mill in Tampere. Metsä Board has concluded…
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Trade balance posts €155m deficit in Jan
The trade balance was in deficit of EUR 155 million in January, according to the preliminary statistics of international trade in goods published by Finnish Customs on…
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