Published: 02:52 am,Wednesday 4 December 2024
Big businesses' trust in Finnish economic policy weakens: Survey
Only one in four Finnish large corporations believes that the country's public finances are moving towards balance, according to a survey commissioned by OP Financial Group. Fewer and fewer business leaders considered government borrowing to be under control, and confidence in the current government's economic policy has weakened notably
Published: 11:07 am,Monday 2 December 2024
88 to lose job, many affect as UPM ends negotiation talks
Finnish forest-based bio-industry company UPM will cut up to 88 jobs while many others employees are facing risk of possible layoffs. UPM Fibres has completed its change negotiations in the Fibres Finland Operations organization, which includes the UPM Pulp, the UPM Timber and the UPM Forest organisations in Finland,
Published: 03:27 am,Tuesday 3 December 2024
Posti delivers 1.5m parcels during Black Friday week
National postal and logistic services operator Posti delivered about 1.5 million parcels during the Black Friday week, said Posti in a press release on Monday. This year, Black Friday fell on November 29. However, many stores already started their sales campaigns on the previous week. There have been plenty
Published: 00:35 am,Monday 2 December 2024
Turnover of construction drops by 2.1% in Oct Y-on-Y
The working day adjusted turnover of construction enterprises decreased by 2.1 per cent in October 2024 compared to the previous year, according to Statistics Finland. The volume of sales, from which the impact of price changes has been eliminated, went up by 1.7 per cent. The increase in the
Published: 02:42 am,Saturday 30 November 2024
Average prices of petrol on wane in November
The average prices of petrol decreased in November 2024 compared to the prior month, according to Statistics Finland. The average price with taxes for diesel was EUR 1.7 and for petrol 95, EUR 1.8 per litre. The equivalent average price for petrol 98 was EUR 1.9 and for light
Published: 02:23 am,Friday 29 November 2024
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 infrastructure. The Finnish government on Thursday granted the state-run forest agency Metsähallitus a permission to sell four parcels of land,
Published: 03:44 am,Friday 29 November 2024
Trade balance posts €270m surplus in Sep
The trade balance showed a surplus of EUR 270 million in September 2024, according to the international trade in goods statistics provided by Finnish Customs on Thursday. In January-September 2024, the trade balance had accumulated a deficit of EUR 1.6 billion. The aggregate trade surplus by commodity group for
Published: 20:33 pm,Thursday 28 November 2024
Prices of dwelling houses increase slightly in October
The prices of old dwellings in housing companies increased by 0.4 per cent in the whole country year-on-year in October 2024, according to Statistics Finland. Compared to the previous month, prices increased by 0.9 per cent. Among large towns, prices declined year-on-year in Tampere by 1.9% and in Helsinki by
Published: 02:26 am,Thursday 28 November 2024
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 closure will be implemented in stages during 2025 and a total of 154 positions will be affected. The label material production of UPM Raflatac will
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