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Audi posts profit rise in 3rd quarter after weak results last year
Profit at German carmaker Volkswagen's subsidiary Audi more than doubled in the third quarter, mostly thanks to a very weak…
Patria, Valmet to jointly produce armoured vehicles
Majority Finnish state-owned defence arms factory Patria and automotive contract manufacturer Valmet Automotive signed a Letter of…
EIB grants €90m loan to OL nuke plants
Teollisuuden Voima Oyj (TVO), owner of the Olkiluoto nuclear power plants and The European Investment Bank (EIB) signed a new loan…
198 Pizza, Kebab, Chinese restaurants face tax evasion charges
The Finnish Tax Administration during an audit of restaurants found that about 11 million euros of tax remained unpaid, said the Tax…
UPM’s Q3 profit tumble underscores weakness of forest industry
The downturn in Finland's forest industry deepened on Wednesday as UPM, regarded as the country's largest and most…
Mercedes-Benz sees 3rd-quarter profit fall 31%
German carmaker Mercedes-Benz on Wednesday said its third-quarter profit dropped nearly 31% year-on-year, as Germany's crucial…
Nokia shares soar after Nvidia’s $1b investment in AI, 6G partnership
Finnish telecom equipment giant Nokia saw its share price surge to a near-decade high on Wednesday after U.S. chipmaker Nvidia…
Interest rate on new housing loans up in Sep
The average interest rate on the new housing loans rose slightly in September from August, as did the 12-month Euribor, the most common…
Foreigners less likely to find expert jobs in Finland than Finns
Although a larger share of foreign graduates found jobs in Finland during the recent years, the quality of their employment has not…
Consumer confidence remains weak in Oct
The balance figure of the Consumer Confidence Indicator (CCI) stood at minus 7.6 in October, having been minus 6.6 in September and…