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Fitch lowers Finland’s credit rating to AA
Credit rating agency Fitch lowered the rating of Finland’s central government debt by one grade from AA+ to AA, said the agency…
Profit slump hits Finnish forest sector amid geopolitical headwinds
Major Finnish forest industry companies have reported declining second-quarter (Q2) profits this week, as the sector continues to face…
Nokia Q2 operating profit slumps 29% on currency, tariff headwinds
Finnish telecommunications company Nokia reported a significant 29 percent decline in its operating profit for the second quarter (Q2)…
220 jobs to affect as UPM mulls closing Kaukas paper mill
The Finnish forest-based bio-industry company UPM has planned to end paper production in Kaukas, Lappeenranta and shift coated…
Finnlines boss for deeper shipbuilding collaboration with China
China's shipbuilding industry offers advanced technology, competitive pricing, and a strong focus on energy efficiency and…
Unemployment rate rises to 10.2% in Q2 in Finland
The average number of unemployed persons in the second quarter of 2025 was 297,000, which was 27,000 more than in April to June 2024,…
Renovation of Makasiinilaituri Quay begins in August
The City of Helsinki will begin the renovation work of Makasiinilaituri Quay, located north of Olympia Terminal and Satamatalo at…
House rents go up in Finland in Q2
Rents of non-subsidised dwellings fell by 0.3 per cent in Greater Helsinki and rose by 0.9 per cent in the rest of Finland in April to…
Finnair incurs €52.3m operating loss amid prolonged labour dispute
A prolonged labour dispute significantly impacted the operating result of Finnish national carrier Finnair in the first half of 2025,…
Number of bankruptcies in Finland rises in June
A total of 305 bankruptcy proceedings were instigated in June 2025, which is 53 more than in the corresponding period one year earlier,…