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BMW profit falls 26.4% in 2025 Q1
German carmaker BMW reported a 26.4% drop in first-quarter net profit to €2.2 billion, as weak demand in China weighed on…
Kouvola welcomes TikTok data center, eyes economic boost
Kouvola, a city in southeastern Finland, has welcomed TikTok's decision to establish a new data center there, emphasizing the…
Audi reports fall in 2025 Q1 profits
German car manufacturer Audi on Monday reported a fall in first-quarter profits, amid ongoing struggles for the automotive industry,…
Tesla sales slump by 37.2% in Europe in Q1
Tesla sales in Europe plunged in the first four months of the year by 37.2 percent, even as sales of fully electric vehicles in Europe…
Housing loan drawdowns rise in March
Drawdowns of new housing loans by Finnish households in March 2025 amounted to EUR 1.2 billion, which was EUR 230 million more than in…
Trade war poses a threat to Finland’s economic recovery: Govt
The Finnish economy is expected to grow, but the trade war may substantially slow down growth, according to the forecast published by…
Finland’s 1st cathode active material plant launched in Kotka
Finnish and Chinese companies broke ground on Tuesday on Finland's first lithium-ion battery cathode active material (CAM) plant,…
Trade balance posts €204m deficit in Feb
The trade balance showed a deficit of EUR 204 million in February 2025, according to the international trade in goods statistics…
OL3 resumes power generation after outage
Electricity production was resumed at Olkiluoto 3 (OL3) nuclear power plant on Tuesday, said the owner of the plant Teollisuuden Voima…
Consumer confidence rises but economic view found gloomy
The balance figure of the Consumer Confidence Indicator (CCI) stood at minus 7.4 in April, having been minus 8.2 in March and minus 9.0…