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Groceries to be allowed to sell beverage with 8% alcohol
The government has taken an initiative to reform Alcohol Act allowing grocery stores to sale of beverages containing 8 per cent…
Nokia to cut up to 14000 jobs globally, 450 in Finland
Telecommunications giant Nokia on Thursday announced to cut 9000 to 14000 jobs with the view to save an amount between EUR 800 million…
Luke sees possibilities for vertical farming with high-wire crops
Natural Resources Institute Finland (Luke) patented vertical farming solution enables the production of high-wire crops in vertical…
Helsinki Port sees lower cargo handling due to recession
Cargo handling at the Helsinki Port reduced by nine percent in January-September period this year compared to the stipulated period of…
More bankruptcies filed in September
A total of 310 bankruptcy proceedings were instigated in September 2023, which is 26 more than in the corresponding period one year…
Inflation drops to 5.5% in September
The year-on-year change in consumer prices was 5.5 per cent in September, according to Statistics Finland. In August, inflation stood…
Number of debt restructuring pleas rises by 20% in Jan-Sep
A total of 3,648 debt restructuring petitions of private persons were filed with district courts in January to September 2023,…
Finland launches 2nd quantum computer
The Technical Research Centre of Finland (VTT) and the European leader in building quantum computers, IQM Quantum Computers, have…
Industrial output grows in August
Seasonally adjusted industrial output grew by 2.1 per cent in August from the month before, according to Statistics Finland.…
Govt proposes €87.9b budget for 2024 with €11.5b deficit
The four-party alliance rightwing government on Monday published the proposed budget of 87.9 billion euros for the year 2024 with a…