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120 staff to affect as Terrafame starts layoff talks
State-owned mining and multi-metal company Terrafame has decided to bring the company’s battery chemicals plant to a halt for a…
Trade balance posts €120m surplus in May
The trade balance showed a surplus of EUR 120 million in May 2025, according to the international trade in goods statistics released by…
China emerges as green energy leader, offering opportunities for Europe
China has taken the lead in global green energy development, and Europe stands to benefit from closer and deeper cooperation with the…
Price of old house drops in Finland in Q2
The prices of old dwellings in housing companies decreased by 1.3 per cent year-on-year in the whole country in April-June period,…
Finns draw more loan in June to buy holiday cottage
Finnish households drew down new loans for the purchase of holiday homes (holiday cottage loans) to the value of EUR 100 million in…
Audi sees half-year profits tumble by 37.5%
Profits for German carmaker Audi plummeted by 37.5% in the first half of the year, the company reported on Monday, citing new US…
PM terms downgrading of Finland’s credit rating as serious matter
Prime Minister Petteri Orpo on Saturday termed the downgrading of Finland´s credit rating by Fitch as a serious matter but said…
Fitch lowers Finland’s credit rating to AA
Credit rating agency Fitch lowered the rating of Finland’s central government debt by one grade from AA+ to AA, said the agency…
Profit slump hits Finnish forest sector amid geopolitical headwinds
Major Finnish forest industry companies have reported declining second-quarter (Q2) profits this week, as the sector continues to face…
Nokia Q2 operating profit slumps 29% on currency, tariff headwinds
Finnish telecommunications company Nokia reported a significant 29 percent decline in its operating profit for the second quarter (Q2)…