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Finland exports lumber, forest products worth €12b in 2024
The value of forest industry exports was roughly EUR 12 billion last year, accounting for 17 per cent of Finland’s total exports…
Prices of old single dwelling houses fall by 2.4% in 2024
Prices of old one-dwelling houses fell by 2.4 per cent in the whole country in 2024, according to Statistics Finland. Prices of…
Germany’s Nordex bags wind-turbine order for Finnish projects
Swedish renewable energy company OX2 has placed two orders with Nordex SE to supply a total of 70 N175/6.X wind turbines for projects…
Valmet to cut 1150 jobs globally, 395 in Finland
Finnish engineering and manufacturing company Valmet is planning to cut about 1150 staff globally including 395 in Finland, said the…
Trade balance posts €171m deficit in Jan
The trade balance showed a deficit of EUR 171 million in January 2024, according to the international trade in goods statistics…
Consumer confidence remains very weak in March
The balance figure of the consumer confidence indicator (CCI) stood at minus 8.2 in March, having been minus 9.0 in February and minus…
Patria to invest €40m to expand production in Hämeenlinna
Majority Finnish state-owned defence arms factory Patria is making a €40 million investment to enhance and expand its…
Tesla sales halve in EU amid broader EV boom
Sales of electric vehicles in the European Union (EU) rose in the first two months of 2025, but Tesla saw a sharp drop in new…
Unemployment rate rises to 9.4% in Finland in February
The unemployment rate of persons aged 15 to 74, or the proportion of the unemployed among the labour force stood at 9.4 per cent in…
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…