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Business
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…
Govt forecasts economic recession in latter part of year
Rising prices and interest rates have reduced household consumption and investments, which will push Finland’s economy into…
Prices of Agri land rise slightly last year
Land purchase prices increased from 2021 to 2022 by an average of one percent, which is a very low increase rate within Europe,…
Fortum to sell electricity to Norwegian Hydro Energi AS
The Finnish majority state-owned energy company Fortum and the Norwegian aluminum and renewable energy company Hydro Energi AS have…
25% adults compromise on food, medicines due to lack of money
Eighteen per cent of men and 23% of women living in Finland have had to compromise on food, medicines or doctor’s appointments…