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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 of Finance on Thursday. The…
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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, said the company in a press release…
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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 previous year, as output from wind and…
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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 permanently close its paper mill in…
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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 outlook is stable, said Ministry…
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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 17.8 billion, said the Ministry of…
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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 construction. The government submitted its…
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Manufactured goods see 3.7% lower value in October
The value of new orders in manufacturing was 3.7 per cent lower in October 2025 than twelve months earlier, according to Statistics Finland. Enterprises received fewer…
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Card payments made via virtual terminals, mobile apps increase
Card payments initiated in mobile applications increased in the first half of 2025, reaching a total value of EUR 8.1 billion, said Bank of Finland on Wednesday. A…
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Terrafame’s application to start mining in Kolmisoppi rejected
Regional State Administrative Agency for Northern Finland (PSAVI) rejected Terrafame’s application to start mining in the Kolmisoppi land area, said Terrafame in a…
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