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Bank of Finland sees no solid economic growth in coming years
The Finnish economy is moving out of a sluggish growth phase, but there is no strong growth anticipated in the immediate years ahead,…
Elisa cuts 357 jobs globally, 347 in Finland
Finnish telecommunications company Elisa decided to terminate 347 employees, including 347 in Finland as a part of its austerity…
Fish production drops by 24m KGs in Finland in 2024
A total of 119 million kilograms of fishes were caught in Finland in 2024 and the amount is 24 million kilograms lower than in the…
Recovery of Finnish economy delays: Finance Ministry
Finland’s economic recovery has been weaker than expected this year, according to the economic forecast published by the Ministry…
Outokumpu axes 368 jobs, 139 in Finland
Finnish steel company Outokumpu decided to cut 368 full-time employees including 139 in Finland as a part of its austerity measures,…
189 staff affected as UPM closes paper mill in Germany
A total of 189 employees were affected as Finnish forest-based bio-industry company UPM completed the employee consultation process to…
Finland’s renewable energy share rises to 43% in 2024
Renewable energy accounted for 43 percent of Finland's total consumption in 2024, up more than one percentage point from the…
Moody’s retains Finland’s credit rating at Aa1
Credit rating organisation Moody’s announced that Finland’s ratings still remained at Aa1, the second highest level and the…
Govt to take out €17.8b in new debt in 2025
The central government is taking out more debt this year than budgeted and the new borrowing in 2025 will amount to an estimated EUR…
Govt moves to make housing financing flexible
The government has taken an initiative to make the housing financing flexible with the view to support the housing market and…