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BUSINESS

Six Years of Waiting Did Not Help BASF in Finland to Start Production

Posted by Editorial Team | Apr 14, 2024 | Business

Six Years of Waiting Did Not Help BASF in Finland to Start Production

‘An Import Ban Would be Catastrophic’; Minister Rydman Explains Why the Nickel and Fertilizer Trade From Russia Continues

Wille Rydman (Finns), the minister of economic affairs, defends the nickel trade, saying Finland and other Western countries depend on Nornickel’s nickel refining.

We Visited the Matka Travel Fair

The program covers current tourism phenomena, destination tips and travel trends.

Famous Parking App Falls Victim to Data Breach

The EasyPark parking application has been the victim of a cyber attack. But should you be worried?

Popular Little Finlandia May Become a Temporary Home for Daycare Centers and Schools

Finlandia Hall and the City of Helsinki have different views on the future of Little Finlandia.

Neste Recognized as a Leader in Supporting Children’s Rights

Neste has been identified as a leader in the Global Child Forum’s global assessment of children’s rights and business.

Study: Few Immigrants Find Employment Through TE Office

A study examined different ways how immigrants in Finland find work. Here are the results.

Game Devs at Pocket Gamer Connects Helsinki Showed Us How to Drink For Free, But Not Everyone Had Access to Lunch

Pocket Gamer Connects Helsinki, held between Sep. 12-13, helped the gaming industry to connect, but some had trouble getting lunch after paying hundreds for tickets. Free drinks flowed almost effortlessly, though.

Orion Invests €30 Million to Increase Production Capacity in Finland

In response to the increasing demand for its products, Orion will invest a total of approximately €30 million in the coming years to increase its production capacity in Finland.

Finnair to Start Charging Extra for Excess Carry-On Luggage

Punctuality is very important for Finnair’s customers, so in the near future, only a small bag is allowed at no extra cost.

Halvinlaina.fi – Your Solution to Finding the Best Loan Deals

Are you in search of a reliable platform to find the best loan deals in Finland? Look no further than Halvinlaina.fi.

Expert Guidance on Shipping Pallets to Finland

It can be tempting to think that air freight services will be the best option but this is rarely the case.

Rahoitusvertailu – Kannattaako valita Factoring vai yrityslaina?

Yrityksen toiminnan käynnistämiseen tarvittavien varojen hankkiminen ja turvaaminen vaatii huolellista suunnittelua ja harkintaa, ja on tärkeää ymmärtää käytettävissä olevat vaihtoehdot ennen rahoitussopimusten tekemistä.

How to Find the Best Loans in Finland for Your Needs

Finding the best loans in Finland for your needs can be a daunting task, as there are many different types of loans available.

CEO of Slush 2022 Pitching Contest Winner Immigram That Won €1 Million in an Interview with Finland Today: ‘Everywhere, the Immigrant Talent is the Power’

We joined Slush 2022, the world’s largest gathering of venture capital, at the end of last week in Helsinki. The two-day event brought together 12,000 people. We interviewed the co-founder and CEO of Immigram, Anastasia Mirolyubova, who felt that the money won from the pitching competition was really needed in their work related to making the life of immigrants easier. Here’s our report.

GALLERY: The Inauguration of Design Helsinki Festival Showcased Some of the Best in Nordic and Finnish Design

The festival’s exclusive two-day program featured multiple showrooms in the heart of the capital for the visitor to explore.

Professor Sir Partha Dasgupta in Helsinki: We Would Need 1.6 Earths to Maintain Current Way of Life

Professor Sir Partha Dasgupta, an Indian-British economist, traveled to Finland to describe his findings from the Dasgupta Review, a report that has attracted wide international attention.

Russia Cuts Natural Gas Deliveries to Finland; Ministry of Economic Affairs Notes That the Situation is Under Control

Finland prepares to secure its natural gas supply by leasing a massive LNG terminal vessel from Excelerate Energy in the United States.

Finlandia Hall Presents: Little Finlandia!

We attended the grand opening of Little Finlandia, a spectacular piece of architecture suitable for congresses, parties and more.

Finnair Finds Alternative Route to Tokyo By Avoiding Russian Airspace

Earlier in the week, Russia announced the closure of its airspace to air carriers of 36 states, including Finland.

Increased Demand for Home Coffee Machines: Influenced Not Only by Quarantine but Also by the Growing Popularity of Coffee Culture

Kahvikaveri is more than a place to buy coffee appliances. It’s a place to dive into the rich culture surrounding coffee.

The Wine Village is Part of the Largest Public Event at Messukeskus Since 2020

The Helsinki Book Fair, the Wine Village and the Record Fair combined form the largest public event at the Helsinki fair center since 2020.

Finnair to Avoid Flights in Belarus Airspace; Longer Flights to Turkey and Greece

Finnair will stop flying in Belarus airspace for the time being.

Paper Giant Stora Enso to Shut Down Two Mills in Finland and Sweden; Affects Jobs of 1,110 People

According to Stora Enso, both Veitsiluoto and Kvarnsveden mills are loss-making, and their profitability is expected to remain unsatisfactory also going forward.

Restaurants to Reopen on Monday with Restrictions

Karaoke and dancing are prohibited.

Fiskars to Begin Job Negotiations; Affects 53 Employees

Fiskars, one of the most iconic Finnish companies, known for its kitchen accessories, cutting and garden products, is planning to close some stores while preparing to expand others.

Let There Be Light: Sterlights Fights Pandemics with Ultraviolet (UVC) Technology

Established in July of 2020, the company champions the use of so-called far-UVC light as a method of disinfection for air, surfaces, spaces, objects, and more.

Lending Rate Slowly Rising After All-Time Low in April 2020

As we start to see lending rates rise after its all-time low in April 2020, it’s important to be aware of the potential financial implications.

Vastaamo Data Breach: What We Know So Far

Here’s what we know about the events surrounding the data breach of Psychotherapy Center Vastaamo.

From Espoo to the Moon; Nokia Partners with NASA to Build First High-Performance Mobile Network on the Lunar Surface

Nokia’s technology will establish the first LTE communications system on the moon.

Finnish Meteorological Institute Finds Positive News on Norilsk Nickel Modernization

The Russian mining giant Norilsk Nickel is investing over a billion U.S. dollars in preparing a comprehensive five-year program to modernize copper processing at its site in Monchegorsk.

Finnish Forest Industry to End Collective Bargaining; Companies’ Needs Will Be Better Met, According to Metsä Group’s CEO

The decision, according to Metsä Group’s CEO Ilkka Hämälä, will enable the forest industry in Finland to continue thriving.

Merger Between Altia and Arcus Aims to Create Leading Wine and Spirits Brand in the Nordics

The two companies join forces to reach new markets.

Konecranes Planning to Lay Off 55 People in Finland; Temporary Layoffs Concern 700

Konecranes is planning to lay off workers in Hyvinkää and Hämeenlinna.

Finnish Oil Refinery Giant Neste to Cut 470 Jobs

Neste Oyj is planning to shut down its refinery operations in Naantali. In addition, their Porvoo refinery would focus on co-processing renewable and circular raw materials.

Finnish Exports Decreased by Nearly 14 Percent in July

The Finnish Customs’ preliminary statistics reveal a decline in Finland’s international trade in goods.

Major Interruptions in Nordea’s and OP’s Banking Services During the Weekend

This weekend banking services of Nordea and OP will have interruptions when their IT systems will be maintained.

New Orders in Manufacturing Fell By Nearly 12 Percent Compared With Last Year

The value of new orders in manufacturing in Finland was 11.8% lower in June 2020 than twelve months earlier.

Consumer Confidence Grows in Finland; Large Purchases Are Tempting

Expectations of one’s own and Finland’s economy strengthened in July compared to June, according to the latest consumer confidence survey released by Statistics Finland on Monday.

400 New City Bikes Take Over the Streets of Helsinki

Hundreds of new city bikes are going to be available in the city center from the last week of July.

Contactless Card Payments Exceed Payments With PIN Code in Finland

During 2019, for the first time, more contactless payments were made than card payments with a PIN code, according to the Bank of Finland.

Finland and Mexico Collaborate to Tackle Pollution in Mexico City

In a competition called Reto CDMX, the challenge was to come up with IT solutions to tackle urban mobility and solid waste management, a couple of key areas that could see improvement in Mexico City.

Nathalie Ahlström to Take Over as CEO of Fiskars Group

“Together with the team we will focus on creating shareholder value and delivering on Fiskars Group’s purpose of making the everyday extraordinary,” Nathalie Ahlström said.

Studies Analyze Could Passenger Traffic Be Moved from West Harbor to Vuosaari

Two studies aimed to find out if the busy traffic at the central West Harbor could be relocated to Vuosaari, eastern Helsinki.

PICTURES: Senate Square Turns Into an Open-Air Food Court and Garden

One of the most famous tourist magnets in Helsinki turns into an assortment of allotment gardens, almost ready for customers.

Prime Minister Marin and Argentine President Fernandez Discuss Business

Prime Minister Sanna Marin and Argentine President Alberto Fernández discussed deepening cooperation between their countries.

PICTURES: Bars and Restaurants Reopen For Business; Some Helsinki Terraces Full

As the government eases restrictions and summer begins, bars in Helsinki welcome people to their sun-lit terraces.

Helsinki to Establish a Business ‘Hotspot’ in the Senate Square

The City of Helsinki is preparing to transform the Senate Square into a new commercial meeting space in the summer.

Finnair to Establish a Joint Venture With a Chinese Airliner

For both airliners, the joint venture is another step to deepen their cooperation that began last year.

Pekka Lundmark is the New President and CEO Of Nokia; Rajeev Suri to Step Down

Lundmark is currently the president and CEO of Fortum, a Finnish energy company based in Espoo, where he was considered a very successful leader.

Turkka Kuusisto Appointed President and CEO of Posti Group; Kuusisto: Posti’s Aim is to Carefully Listen to Customers’ Needs

“Posti’s operating environment is undergoing an unprecedented transformation, and I take my appointment as Posti’s president and CEO as a great sign of confidence.”

Service Union Strike to Close Prisma Stores Across the Country; Cleaning Services to Be Affected at Hotels

PAM’s Executive Committee has decided to call for large-scale strikes, with the first strikes starting in week 8, during the first week of the skiing holidays.

VIDEO: Interviews With Experts on Brexit and How UK’s Divorce With the EU Affects Finland

We interviewed Finnish experts on how Brexit will affect the future relations between Finland and the UK.

Paper Union Strike Paralyzes Finnish Forest Industry

The strikes began at 06:00 or 07:00 in the morning and will last till February 10.

Prime Minister Marin to Meet With Leaders of Apple, Google and Microsoft in Davos

She will meet the tech leaders at the World Economic Forum in Davos, Switzerland, on January 22–24.

Nokia to Lay Off 180 People in Finland

Nokia, the Finnish multinational telecommunications company, has a goal to save 500 million euros in expenses by the end of 2020.

Fiskars Group to Cut 220 Workers, 60 in Finland

Finnish Fiskars Group known for its iconic scissors, premium kitchenware and gardening tools is set to lay off about 220 office workers globally to reduce costs.

Massive Industry Strikes Begin on Monday; May Cause Disturbances in Fuel and Medicine Supply

In total, the strikes involve about 100,000 workers

Posti Introduces New Handling Fee For Shipments Outside the EU

A handling fee will be introduced for goods outside the EU fiscal territory that have a value of more than 22 euros.

VIDEO: Emma Smith of Eversend, Winner of Slush 100 Start-up Competition: Our Company Started From Sending Money to Grandma

Eversend is a neobank for Africa, which hopes to make banking services accessible for a large number of Africans.

The Number of Women Speakers on the Rise at Slush; CEO Saari Wouldn’t Join a Panel With Men Only

This year, more so than previously, the environment and program of Slush included topics that empower women.

The CEO of President Barack Obama’s Foundation at Slush: We Should Channel Our Creative Energies Into Things That Affect Our Lives

We listened in as David Simas, the CEO of the Obama Foundation, spoke with Finnish activist Maryan Abdulkarim about the importance of building bridges between and within communities, especially by helping empower good ideas and entrepreneurs.