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Bank of Finland sees mild recession, delay in economic recovery
The Finnish economy is in mild recession in 2023, according to the Bank of Finland’s interim forecast published on Friday. The rise in prices and interest rates,…
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Volkswagen’s global deliveries up 5.7% in August
Global deliveries by the Volkswagen Group in August rose by 5.7 percent year-on-year, Germany's largest carmaker said on Friday, reported Xinhua. Driven by…
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Finland faces short recession in 2023: ETLA
Finland's economy is expected to contract by 0.3 percent this year and to grow by 0.8 percent in 2024, the private, non-profit institute ETLA Economic Research said…
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Company outlooks remain negative despite positive recovery signs
The expectations of small and midsize enterprises (SMEs) have improved since last spring, according to the new SME Barometer published by the Ministry of Economic Affairs…
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Inflation drops to 5.6% in August
The year-on-year change in consumer prices was 5.6 per cent in August, according to Statistics Finland. In July, inflation stood at 6.5 per cent. The decrease of…
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Finnish economy to shrink in 2023: think tank
Finland's economy is expected to register a 0.5 percent contraction this year, according to a national economic forecast published on Wednesday by Pellervo Economic…
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Finland secures EU funding to expand e-vehicle charging network
United States-based electric vehicle maker Tesla's Finnish subsidiary Roadster Finland Oy has secured funding from the European Union (EU) to expand Finland's…
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Global tensions impact negatively on big firms in Finland, Sweden: OP
Large companies in Finland and Sweden consider the increase in global political tensions and rising deglobalisation to have a negative impact on their business, according…
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Apple unveils iPhone 15 Pro, iPhone 15 Pro Max
Apple on Tuesday debuted its iPhone 15 Pro and iPhone 15 Pro Max designed with titanium, delivering its lightest Pro models ever, reported Xinhua. Camera upgrades enable…
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BMW to manufacture next-generation electric Mini in Oxford
BMW has announced plans to build its next-generation electric Mini in the city of Oxford after securing a British government funding package. The German-headquartered…
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