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Parliament approves €87.9b budget for 2024 with €11.4b deficit
The Parliament on Tuesday approved the government budget proposal for the year 2024, said an official press release. All the main…
Govt downgrades economic forecast as recession deepens
Finland’s economy is in recession in 2023 due to a decline in investments and household consumption, according to the Economic…
Govt’s deficit grows by €1b in Q3
Consolidated total general government revenue at current prices grew in July to September 2023 by EUR 1.6 billion and total expenditure…
Helsinki Port opens rest area for heavy-duty vehicles
The Port of Helsinki opened a rest area for harbour heavy-duty vehicles in Vantaa, said the port authority in a press release on…
OP, Nordea establish joint venture to make payment easier
OP and Nordea banks are establishing a joint venture to create Finnish solutions for payment challenges, said OP in a press release on…
Wages, salaries grow by 3.9% in Oct
The working day adjusted wages and salaries sum of the whole economy was 3.9 per cent higher in October 2023 than in October 2022,…
Nokia to acquire US´s Fenix Group
Telecommunications giant Nokia on Tuesday signed an agreement to acquire Fenix Group, a privately held company that specializes in…
Both export, import values of fish trades drop in Sep
The value of fish and fish products imported into Finland was around EUR 49.4 million, or about eight million kilos in September 2023,…
Aktia to axe 23 staff to cut costs
Aktia Bank has decided to cut 23 employees to reduce costs as a part of its move to reorganise part of its operations, said Aktia in a…
Nordic business Orgs place 3 demands at COP28 negotiations
Business organisations of Finland, Sweden, Norway, Denmark and Iceland have expressed three expectations of the COP28 negotiations,…