Tag: Business
The representation of women on the boards of top EU companies exceeds 32%, and Finland is high in leadership diversity
Finland is among the top countries in the EU with the representation of women in boards and management groups, along with the other Nordic countries. The report shows that Iceland, Norway and France are the most successful countries in terms of women’s representation in boards and management teams, while Sweden and Finland are the next […]
Access to the Skessuhorn mountain will not be restricted despite its sale
A spokesperson for the Canadian couple who purchased the Horn property in Skorradalur, West Iceland, told Fréttablaðið that access to the Skessuhorn mountain, which is located on the estate, will not be restricted. Anyone who wants to hike there can still do so. Earlier this week, Fréttablaðið reported that a Canadian businessman (who reportedly made […]
The housing market falters while the banking crisis continues
Double bindingHomeowners still find themselves caught between Scylla and Charybdis, with a sinking housing market on one side and unstable global banks threatening to collapse on the other. In general, experts believe that both situations will improve and that we are most likely not headed for a catastrophe. However, global banks are still precariously tied […]
Finnish Fazer announces two rounds of negotiations in as many days
The line would not only enable an increase in baking capacity, but also reduce the bakery’s total energy consumption and carbon dioxide emissions significantly. The negotiations concern a total of 218 people and some white-collar workers working in Lahti. Possible cuts are planned to be implemented in stages between 2023 and 2025. Fazer announced that […]
The Danish Parliament approves a billion kroner Ukraine fund
Weapons, business and rebuildingTogether with the government, opposition parties on both sides of the island – SF, Danmarksdemokraterne, Liberal Alliance, Konservative, Radikale, Dansk Folkeparti and Nye Borgerlige – signed the agreement. The overall framework will include DKK 7 billion for 2023 alone, while funds will also be earmarked in 2024-27 to cover expenses associated with […]
Prime Minister travels to North Africa to smear the Egyptians
Prime Minister Mette Frederiksen has flown to Egypt to discuss climate, migration and the war in Ukraine, DR reports. In a change of policy, however, she will not officially bring up the North African country’s shaky relationship with human rights and democracy. Although Egypt is a dictatorship, the government considers it an invaluable business partner […]
Poll: voters support cutting business subsidies; otherwise, they are distributed to balance the public finances
Among the current government parties, the views of the supporters of the center and the People’s Party were often closer to the NKP than to the views of the government partners.
Moscow reveals Nord Stream’s stonewalling – officially
Russia’s communications with EU nations on North Stream sabotage will be published, senior diplomat Dmitry Polyansky has promised Russia intends to share with the UN Security Council the exchanges it had with Germany, Denmark and Sweden regarding sabotage of the Nord Stream pipelines, a senior Russian diplomat has revealed. Moscow is trying to push its […]
Moscow will expose Nord Stream’s stonewalling official
Russia’s communications with EU nations on North Stream sabotage will be published, senior diplomat Dmitry Polyansky has promised Russia intends to share with the UN Security Council the exchanges it had with Germany, Denmark and Sweden regarding sabotage of the Nord Stream pipelines, a senior Russian diplomat has revealed. Moscow is trying to push its […]
Mona Lisa and AI join forces to lead Danish tourism promotion
Be an explorer, not a touristAll the works are brought to life using deepfake technology, motion synthesis, and the script is even composed by the controversial ChatGPT chatbot. Erik Mortensen, head of global brand & business development for VisitDenmark, said that something extraordinary was needed to promote Denmark abroad. “As a travel destination, Denmark is […]
The priest was chased away from the church – after the sign row became infected
When the church council in Spekeröd-Ucklum’s parish hires its new priest Fredrik Sidenvall in the summer of 2022, they have good hopes for the future. But for church council chairman Stefan Lahrin, a gnawing gut feeling remains. There is something that doesn’t feel quite right with the priest. And in just six months, the entire […]
The share of immigrants doubled in the last decade
The Confederation of Finnish Business EK wants work-related immigration to double by the end of the next election period.
EU nation sees bankruptcies rise – Bloomberg
The number of insolvencies in Sweden has increased as consumption declines, the outlet reports Bankruptcies in Sweden soared for a seventh straight month in February, amid falling household consumption and growing pressure on construction companies from an ongoing crisis in the housing market, Bloomberg reported this week. A sharp slump in Sweden’s real estate sector […]
Russia finds answer to IKEA’s exit media
The Swedish furniture manufacturer has closed stores and sold factories to local buyers Belarusian furniture maker Swed House plans to fill the void left by IKEA in the Russian market, the head of the Union of Shopping Centers Bulat Shakirov said on Monday, according to TASS. Under the terms of a cooperation agreement signed between […]
The EU nation sees the number of bankruptcies increasing in Bloomberg
The number of insolvencies in Sweden has increased as consumption declines, the outlet reports Bankruptcies in Sweden soared for a seventh straight month in February, amid falling household consumption and growing pressure on construction companies from an ongoing crisis in the housing market, Bloomberg reported this week. A sharp slump in Sweden’s real estate sector […]
Europe gets caught up in Myanmar’s junta leaders, supporters
On February 20, the European Union announced a sixth round of sanctions against nine individuals and seven entities in military-ruled Myanmar in light of the “continued escalation of violence, serious human rights violations and threats to the peace, security and stability of Myanmar” two years after the February 1, 2021, coup. The sanctions involve travel […]
The Finnish economy is suffering from a technical recession and accelerating inflation
The financial consequences of the war in Ukraine have also affected the Finnish economy. From October to December 2022, the amount of Finnish exports decreased by 2.9 percent from the level of the previous quarter, while imports decreased by 2.4 percent. However, for the whole year, Finland’s economy grew by 2 percent compared to 2021. […]
Governor of the Riksbank Erik Thedéen: Further interest rate increases await
Erik Thedéen became head of the Riksbank at the turn of the year, in a situation with both high interest rates and negative growth. Since last May, the Riksbank has raised the key interest rate from 0 to 3 percentage points. The goal of the increases is to bring down inflation, which is currently at […]
Helsinki is preparing to sell several well-known buildings
The sale of the buildings is supposed to start this year, if the board approves the plan. The buildings for sale include restaurants, rehabilitation facilities and residential buildings. Kaivohuone and Klippan located in Kaivopuisto will be sold by tender and will continue to operate as restaurants. The buildings of the Kulosaari manor, which are protected, […]
Terrafame’s battery chemicals business for electric vehicles increases earnings
The company’s operating profit last year was almost 94 million euros. In 2021, the company suffered approximately the same amount of losses.
Kiinteistömaailma reports positive signs of recovery in the Finnish housing market
Although the national sales figures are still clearly below the usual level for February, positive signs have been seen in the capital region, according to Kiinteistömaailma CEO Risto Kyhälä. In February of last year, Kiinteistömaailma sold or rented 978 properties in addition to 221 rental properties. Although there is still a long way to go […]
The passage to India reopens: the Copenhagen-New Delhi route returns to the skies
Three weekly departuresThe route (flight number AI157) will fly between the two capitals three times a week, departing from Copenhagen at 19.45 on Wednesdays, Fridays and Sundays and arrives in New Delhi at 07.40 the following morning. When we come back, the flight departs from the Indian capital at 13:30 and arrives in Kastrup at […]
The stevedoring strike will end after the agreement between the transport workers and the port operators
According to him, the stevedores will return to work as soon as possible, but on Saturday at the latest. “During the 25-month contract period, salary increases will increase by 6.3 percent, in addition to which there will be a so-called deferment amount of 1,100 euros,” he comment For Helsingin Sanomat on Wednesday. Kokko said people […]
Four proposals participated in the Espoo house architecture competition
The zoning competition for the Espoo building to be placed in Espoonkeskus is currently underway in cooperation with the Finnish Association of Architects (SAFA). Four working groups were chosen to continue in the competition, whose works are Encounters, Kontrapunkti, Lehteri and Virta. The competition entries are made available for residents to see and comment on […]
The city of Helsinki appoints Glenn Gassen as director of immigration and Annukka Sorjonen as director of labor
Gassen and Sorjonen are responsible for increasing the vitality of the city by ensuring that companies and employers find qualified people and that the people of Helsinki get employment. Gassen, who previously worked as Enter Espoo’s innovation manager, believes that immigration will increase Helsinki’s vitality and states that Helsinki’s economic strength is based on the […]
One of Valmet Automotive’s most important customers in the near future is giving up electric cars
“It was a difficult decision” said Laurin HahnCEO of Sono Motors, “and despite over 45,000 reservations and pre-orders for the Sion, we were forced to respond to the continued volatility in the financial markets and streamline our business.” The announcement was made after the crowdfunding campaign launched by the startup to finance the production fell […]
Parliament urges members to avoid using TikTok
“Fundamental misunderstanding”In collaboration with the PET Intelligence Service, CFCS has recently developed a guidebook for mobile device security. The EU has also moved to ban TikTok on employees’ work phones, while Canada became the latest country to do so yesterday as well. Several US states have also banned the service. TikTok is owned by the […]
Bun in the oven: The government has set the timer to abolish the Great Prayer Day public holiday this afternoon
According to an Epinion survey carried out for DR, seven out of ten in Denmark are against the government’s plans to abolish the Great Bededag holiday ahead of a bill that is being considered today, which a parliamentary majority is expected to approve. Traditionally held on the fourth Friday after Good Friday, it is a […]
Nokia implements six-pillar strategy reform plan, announces new logo
Pekka LundmarkCEO of Nokia, told According to Helsingin Sanomat, the company has decided to “put its food on the gas pedal” after noticing the improved technical position. He said that Nokia currently has a 25-26 percent share of mobile communications networks and a less than 20 percent share of optical networks in regions outside of […]
Naked in mosquito hell
In the summer of 2009, the mosquito plague is unbearable in the village of Bärrek in Gästrikland. In the area around the mouth of the lower Dalälven, mosquitoes cause businesses to move, tourists to flee and local residents to stay indoors. At a rock festival, three friends from Valbo talk about the mosquito hell in […]
Hate in the mountains
21-year-old Evelina is a Sami reindeer herder in a village in Oviksfjällen in Jämtland. Evelina says that she has experienced prejudice since she was a child and that her parents warned her about what could happen when she posts publicly on social media. – But still, I was very shocked when I encountered that first […]
Danish donations to Ukraine exceed all expectations
Charitable organizations have reported continued support from the Danes in the form of donations to Ukraine, This is reported by TV2. The Red Cross alone has received DKK 693 million since the outbreak of the war on 24 February 2022. That figure includes donations from both companies and private benefactors. “We have never experienced such […]
Denmark is among the best countries to launch a startup
Pretty vanilla in ManilaDenmark’s cost of living was also the highest among the countries in the top 10, while its quality of life score was second only to the Netherlands. Other metrics considered in compiling the index included population, GDP per capita. population, economic growth and business taxes. The top of the index was the […]
The Finnish president headed to both coasts of the United States
Sauli Niinistö will be accompanied by a business delegation from the president’s office “in different industries”.
The government’s conviction about the new bill will make it possible for companies to recruit foreign labor more easily
A new government proposal to make it easier for Danish companies to recruit foreign labor was presented to the Danish Parliament on Tuesday. Economy Minister Troels Lund Poulsen is optimistic that the new law will give the country the boost it needs to overcome what is expected to be a difficult year – conversely at […]
The government’s conviction about the new bill will make it possible for companies to recruit foreign labor more easily
A new government proposal to make it easier for Danish companies to recruit foreign labor was presented to the Danish Parliament on Tuesday. Economy Minister Troels Lund Poulsen is optimistic that the new law will give the country the boost it needs to overcome what is expected to be a difficult year – conversely at […]
Haavisto welcomes the review of the decision to grant Timchenkos citizenship
Helsingin Sanomat on Tuesday was revealed that the Ministry of the Interior intends to review the application process for Timchenko’s entire family. According to Finnish reports, it was possible to make exceptions for both Timchenko and his daughter. Ksenia Frank. Helsingin Sanomat on Friday wrote Frank was granted citizenship in a seemingly extraordinary process only […]
The transport strike ends – Posti’s deliveries will return to normal quickly, packages will arrive in the next few days
We are now focusing on delivering the goods we received after the strike as normally as possible. At the same time, the backlog caused by warehouse goods during the strike is being cleared. We will do our best to ensure that all deliveries are normal as soon as possible. Thank you to all our customers […]
US dollar companies among financial data
NEW YORK, Feb. 21 (Xinhua) — The U.S. dollar strengthened in late trade on Tuesday as market participants sifted through fresh economic data. The dollar index, which measures the greenback against six major peers, rose 0.31 percent to 104.1723. In late New York trading, the euro was down to US$1.0649 from US$1.0698 in the previous […]
Customs’ comprehensive response to EU sanctions against Russia
Of these, more than 1,300 cases were under targeted supervision and about 300 cases were sent for preliminary investigation. Sanctions have also had a significant impact on the international flow of goods. The nine sanctions packages of the past year have comprehensively modified the EU’s sanctions against Russia, and the categories of goods covered by […]
The construction industry in Stockholm is hit hard by economic headwinds
STOCKHOLM, Feb. 17 (Xinhua) — Rising construction costs combined with interest rate hikes would worsen the housing shortage in the Swedish capital, while the construction industry expected an increase in the number of bankruptcies and layoffs, Swedish media reported Friday. – The housing shortage will worsen, says Stefan Westerberg, chief economist at the Stockholm Chamber […]
The US Dollar Falls Amid Economic Statistics
NEW YORK, Feb. 16 (Xinhua) — The U.S. dollar edged lower in late trade on Thursday as market participants digested recently released economic data. The dollar index, which measures the greenback against six major peers, fell 0.03 percent to 103.8780. In late New York trading, the euro was up at US$1.0687 from US$1.0683 in the […]
Russia approves sale of IKEA factories – officially
The facilities will be acquired by two local buyers, the deputy trade minister has said A Russian government commission has approved the sale of Swedish furniture maker IKEA’s factories in Russia to two local buyers, Deputy Industry and Trade Minister Viktor Jevtuhov told Izvestia newspaper on Thursday. The three factories will be acquired by Russian […]
Russia approves sale of IKEA factories official
The facilities will be acquired by two local buyers, the deputy trade minister has said A Russian government commission has approved the sale of Swedish furniture maker IKEA’s factories in Russia to two local buyers, Deputy Industry and Trade Minister Viktor Jevtuhov told Izvestia newspaper on Thursday. The three factories will be acquired by Russian […]
EU adds Russia to black tax havens
The bloc accused Moscow of failing to change a “harmful” benefit tax regime Russia has been added to the EU’s list of “non-cooperative jurisdictions for tax purposes“, The European council notified on Tuesday. The bloc has accused Moscow of maintaining harmful tax practices. According to a statement published on the council’s website, Russian legislation introduced […]
Confectionery sales increase, fruit and vegetable sales decrease as the economy slows down
SOK’s parent organization S group has revealed that its operating result improved by 16 percent from the previous year to 325 million euros in 2022. The improvement was driven especially by the recovery of the hotel and restaurant business, but the trend in the Grocery business was the opposite, and the result fell by 40 […]
Sweden raises the key interest rate to 3 pct to curb inflation
STOCKHOLM, Feb. 9 (Xinhua) — Sweden’s central bank (Riksbank) on Thursday announced a 50 percentage point increase in the key interest rate to 3 percent, the highest in 15 years. The Riksbank said the rate hike, due to take effect on February 15, was necessary as the country’s 12-month consumer price index (CPI) reached 12.3 […]
The cigar club
Together with P4 Blekinge, Kaliber can reveal what experts consider to be friendship corruption and bribery. Karlskrona municipality’s procurement manager, together with a middle manager with major responsibility for bridge repairs and a manager at a company that carries out bridge repairs for the municipality, have been in the same cigar club and partying together, […]
Andrew Tate – the self-proclaimed knight of men
Andrew Tate has been called both the internet’s scariest man and the face of male toxicity. He’s a former kickboxer who got kicked out of the reality show Big Brother, ran a webcam business and became a self-help guru to loads of guys and young men around the world. But it was in December that […]
The Internet and its many opportunities to get a loan
The Internet has revolutionized how we do business, and it has especially changed how people borrow money. Today, there are a number of services available online that allow people to secure loans regardless of their credit score or personal circumstances. One method that has gained popularity over the past few years is finding ways to […]
In the Immigration Office’s new strategy, the customer is in first place
The Finnish Immigration Service aims and comprehensively improves customers’ journeys in immigration together with other relevant organizations. The Finnish Immigration Service’s goals for the years 2023–2027 are: Our work is of high quality, our processes are smooth and efficient, and our methods of operation are predictable. Our customer experience is excellent. We constantly strive to […]
Minister Harakka opened Business Finland’s 6G seminar
In his opening speech, Minister Harakka emphasized the cooperation of democratic countries in the development and utilization of technology. – Our basic values, individual freedom and basic rights, must be guaranteed in the regulation and standards of 6G technology. Safety and climate protection must also be taken into account from the beginning, says Minister Harakka. […]
Explanation: Immigration needs to triple in order to preserve Finland’s workforce
Etla Taloustutkimuslaitos, a business-supported think tank, calculates that an annual net migration of 44,000 people is needed to stabilize the size of Finland’s workforce.
Business leaders criticize the anti-immigration rhetoric of the Basic Finns
As Finland strives to attract more workers from abroad, prominent businessmen have emphasized the “irresponsible damage” caused by the statements of Finnish natives about work-related immigration.
MP Harkimo to HS: Russia’s cooperation was "error"
Hjallis Harkimo sold the Helsinki arena to Russian-Finnish businessmen Gennadi Timchenko and Roman Rotenberg in 2013 for 35 million euros.
Denmark starts green growth cooperation with the USA
50 percent reduction in 2030Several high-profile companies from Denmark were also involved in the talks, which depended on opportunities and challenges that Danish companies face due to the recently adopted IRA. The most significant climate legislation passed in the US to date, the IRA is designed to reduce US CO2 emissions by 50 percent by […]
Minister Harakka leads the Team Finland delegation to visit South Korea
The technological themes of the visit have enormous potential for the economy and well-being of our countries, says Minister Harakka. Minister Harakka will meet, among other things, the Minister of Land, Infrastructure and Transport Defeated Hee-ryongMinister of Trade Dukgeun Ahn and the Minister of Science and ICT Lee Jong-ho. The business delegation meets potential trade […]
Caroline Farberger – finally living as who she is
She lived at a furious pace and reached the top echelons of business. Degree from both Chalmers and the Gothenburg School of Economics, course test at the cadet school and managerial career. But all the time there was a friction there inside her, ever since childhood. Something she didn’t want to admit, least of all […]
The Finnish government reached an agreement on the reimbursement of electricity costs
Households that pay more than 10 cents per kilowatt-hour for electricity receive compensation, and it is 50 percent of monthly electricity costs of more than 90 euros, and the monthly limit is 700 euros. The compensation is paid for the four months of November-February based on the expenses of November-December. According to Helsingin Sanomat, the […]
PAM announces that it is ready to strike in 185 grocery stores and logistics centers
– The trade union has been reluctant to discuss salary increases that would secure the purchasing power of employees. stated Annika Rönni-SällinenChairman of PAM. “Retail businesses are making good results, while their workers have to cut corners to make sure they’re paid enough to live on. Employees have the right to an appropriate salary increase.” […]
Heli Jantunen, Martti Koskenniemi and Merja Penttilä will receive the honorary title of Academician of Science
and research professor Merja Penttilä has expertise in biotechnology and synthetic biology. They are all respected scientists and researchers with pioneering experience in their respective fields of research. Their work has wide-ranging importance in different sectors of society and thus helps to solve global challenges. A maximum of 16 distinguished Finnish scientists can have the […]
Ebba Busch (KD): I never promised money before Christmas
On the second of September, Ulf Kristersson (M) told and signed facebook about a joint election promise from all the party leaders in his political team. Household finances would be saved in good time before Christmas. “Everyone should know that before Christmas, you will get relief for the high electricity prices that the government has […]
The money behind the porn site Pornhub
Pornhub is bigger than both Netflix and TikTok. The site is a cash cow that has attracted financial sharks who make billions. But now the owners are on trial accused of shooting private sex films where the people seen in the picture have not given their approval. “Many of them were just children when it […]
Why it’s important to eat at work – even the odd cake
When England’s Food Standards Agency chief Susan Jebb recently compared eating cake at work to second-hand smoke, office cubicle walls trembled across the country. She told The times: Professor Jebb is right to criticize unstructured eating in the workplace, which can contribute to unhealthy eating. Overconsumption of unhealthy products such as cookies and processed foods […]
Sweden sends Archer to Ukraine
On January 19, 2022, the moderate-led government announces at a press conference that it is preparing to send the Archer artillery system to Ukraine – a system that has been high on Ukraine’s wish list for months. – I would say that it has much less significance than we think, says Patrik Oksanen, security policy […]
Market exchange rates in China — January 20
BEIJING, Jan. 20 (Xinhua) — Following are the central rates of the Chinese currency renminbi, or yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trading System: Currency unit Central parity rate in yuan US Dollar 100,677.02 Euro 100,733.61 Japanese yen 100 5.2729 Hong Kong Dollar 100 86.456 British Pounds 100,839.15 […]
Finland’s food exports exceed 2 billion euros for the first time
“The growth opportunities of the food industry in Finland are limited. With the growth of exports, the capacity of the food industry can be increased, which also strengthens the domestic market and improves crisis resilience,” says director Esa Wrang. From Business Finland’s Food from Finland program. Food exports are strategically important in terms of Finland’s […]
Hands off our holiday: ‘Uncharacteristic nine’ presents alternative ways to fund the defense settlement
The opposition has spoken. But before we study what they have said, let us consider who the opposition is in Danish politics today. The opposition are as wide-ranging parties as the ultra-left Enhedslisten and the hard-right New Citizens and the Danish Democrats, as contradictory as the environmentally conscious Alternative and economic pragmatists Liberal Alliance, and […]
Eva: 44% of Finns are ready to suspend climate action due to the energy crisis
PUBLIC CONCERNS The climate crisis has subsided a little over the past year, reveals the value and attitude survey conducted by the Finnish Business Forum (Eva). Eve on Tuesday reported that two-thirds (66%) of those who responded to the survey consider climate change to be the greatest environmental threat of our time, which requires effective […]
Market exchange rates in China — January 19
BEIJING, Jan. 19 (Xinhua) — The following are the central rates of the Chinese currency renminbi, or yuan, against 24 major currencies announced Thursday by the China Foreign Exchange Trading System: Currency unit Central parity rate in yuan US Dollar 100,676.74 Euro 100,730.44 Japanese Yen 100 5.2658 Hong Kong Dollar 100 86.487 British Pounds 100,835.38 […]
Millions to see dip in electricity prices
The future remains tenuous More specifically, the reduction relates to the price companies charge to transport electricity from the source to consumers and maintain the grid. Bay-Smidt said it was uncertain how long the price cut would last. Radius Elnet services around 1 million homes and businesses in the Copenhagen area as well as North […]
Survey: A quarter of companies are planning layoffs
The outlook for the future is bleak for some, says the Finnish Confederation of Business and Industry EK.
3 economists share the 2022 Nobel Prize in Economics
© Provided by Xinhua The foundations of modern banking research were laid in the early 1980s by the laureates, whose analyzes have been “of great practical importance in regulating financial markets and managing financial crises,” the Royal Academy of Sciences said in a statement. STOCKHOLM, Oct. 10 (Xinhua) — The Royal Swedish Academy of Sciences […]
Copenhagen abandons the CO2 neutrality target for 2025
New target for 2035!In the meantime, the government has countered that other municipal facilities – including the Vestforbrændingen in Glostrup – have managed to qualify for access to the funds. “When the state excludes such huge amounts, it is standard procedure that some requirements follow as to the finances of the business involved.” Climate Minister […]
Labor shortage: the number of early retirements must be controlled, urges the head of the Danish Business Association
With a very scarce workforce on the one hand and a steadily increasing number of early retirements on the other hand, Dansk Erhverv has called for a working group to be set up after the general election, which must come up with recommendations within six months on how to manage the number of persons. participation […]
The new ban can significantly slow down Fortum’s withdrawal from Russia
President of Russia Vladimir Putin signed a declaration last Friday that can prevent the sale of Finnish energy company Fortum’s Russian operations for a long time. The decree prohibits communities "unfriendly countries" trading in shares of companies operating in the Russian financial or energy sector. In practice, it temporarily prevents the sale of companies Jaana […]
Sarkkinen: Employers should be obliged to hire disabled people
In an interview with Helsingin sanomat newspaperMinister of Social Affairs and Health Hanna Sarkkinen (left) said that Finland should set a quota for employers to hire disabled workers. Sarkkinen argued that the quota would address the low employment rate of the disabled and partially disabled, which leads to economic problems, poverty and exclusion. "Only 15 […]
Control XX: More women admitted to IT programmes
Compared to 2019, the number of women admitted to university IT programs in Denmark has increased by 13 percentage points this year, which means that a total of 32 percent of new students studying IT are women. This year’s admission numbers were not compared to 2020 or 2021 due to expansions in admissions programs during […]
The trust of Finnish consumers "the darkest in history" in July
According to Statistics Finland, Finnish consumer confidence fell to a new low in July. The agency said expectations for consumers’ personal finances were "darkest in measuring history." The Consumer Confidence Indicator (CCI) was -15.9 in July, which marked a decrease from the CCI level of -14.3 in June and -11.6 in May. The number-crunching agency […]
The Chechen star threatens UFC legend
Khamzat Chimaev said he will handle MMA icon Nate Diaz’s “funeral” Nate Diaz will say a rough final goodbye to the UFC if Khamzat Chimaev’s cold threat is something to go by. News of a headline match between the pair at UFC 279 was reported on Tuesday, in what will fill the final fight of […]
Energy company Fortum’s subsidiary Uniper applies for state support from Germany
Uniper, a subsidiary of the majority state-owned Finnish energy company Fortum, has applied for support from the German government in accordance with the recently approved energy legislation. Uniper is Germany’s largest gas importer, but it has run into financial difficulties due to restrictions on Russian gas exports. The company said in its press release that […]
The tax authorities will collect 42 billion euros in the first half of 2022
The Finnish tax authority has collected approximately 42 billion euros in taxes during the first six months of this year, which is more than 9 percent more than at the same time last year. In a press release, the agency stated that the increase in the state treasury’s income is mainly due to increased economic […]
Novo Nordisk will help finance abortion trips for American employees
Novo Nordisk will expand financial support to employees in the US after the implementation of strict abortion laws, reports Politiken. After the US Supreme Court overthrew Roe vs Wade on June 24, it is now illegal in many states in the United States to have an abortion. Because of the extreme mental and physical effects […]
The euro fell to a 20-year low against the US dollar
According to the ECB, the euro has fallen by more than nine percent against the US dollar since the beginning of this year. According to S&P Global, the industrial purchasing managers’ index (PMI), which measures the direction of economic development in the euro area, fell to 52.1 in June from 54.6 in May. “While the […]
Finnish consumers are unprecedentedly pessimistic about the economy
The 990 responses collected to the survey show that people’s expectations for themselves and the national economy in the next 12 months were very pessimistic, first more than ever since 1995. The respondents also assessed their own current economic situation clearly pessimistically. Consumers also found the time to buy durable goods to be the cheapest […]
Heidi Fleiss – Hollywood’s infamous brothel mother
She was born with a nose for both danger and business, and grew up in the bohemian Los Feliz of the 60s in Los Angeles. She ends up in bad company early on. After an encounter with several dubious types and a mysterious brothel mother, she is drawn into the Los Angeles world of prostitution. […]
2022 Tour de France: Why cycling in Denmark is a joy … and a mystery
In July 2022, they bring the Tour de France to Denmark. In many ways, given the way I ride a bike, I feel like I have already lived that race since I bought my first bike here. I usually ride with the speed and agility of a Japanese horn, whipping from the bike path to […]
IKEA reduces operations in Russia Izvestia
The furniture giant will sell its factories in the country, reports Izvestia The iconic Swedish furniture brand IKEA is closing down its business operations in Russia, the newspaper Izvestia reported on Wednesday, referring to its sources. According to the daily newspaper Moscow, the company informed its employees during a general meeting and will soon announce […]
The S Group will close a dozen restaurants in the Helsinki metropolitan area during the busy summer season
The S Group, a giant in the retail and catering industry, will close about a dozen restaurants in the Helsinki metropolitan area during the summer, citing labor shortages, the company announced on Monday. The staff shortage is so severe that some of the company’s restaurants are traditionally closed during the busy summer season. The company […]
SAS gets Denmark postponed in the wake of nightmare suckers
Some strings attached A broad majority in the Folketing today not only agreed to forgive DKK 3.5 billion in debt to SAS, but also to increase Denmark’s ownership share in the airline from around 21.8 per cent to up to 30 per cent. However, the government has demanded that SAS find other investors to support […]
SAS ve continues: 1,000 pilots threaten to strike
Denmark to the rescue?The pilots are unhappy with the airline’s plans to cut costs to survive, and long-term negotiations between the two parties have broken down. The pilots have therefore announced that they intend to strike no earlier than 24 June, unless an agreement can be reached with SAS’s management. SAS Scandinavia accounts for the […]
Here is the hidden ice that started Norrland’s green revolution
Carl-Erik Lagercrantz, together with his business partners, has invested, collected and planned for investments of more than SEK 100 billion in northern Norrland. He wants to fight the climate crisis “with commercial solutions”. So far, he has, among other things, started Europe’s largest battery factory – Northvolt in Skellefteå, where Léa Montin works. Now he […]
Robert Weil – the shadow billionaire
In Swedish Radio’s Sunday interview, you meet the person behind the mask of the public in journalism’s most basic form – the interview. The host is Martin Wicklin. Producer: Ulrika Stenström. Contact: [email protected] About Robert Weil He was born in 1948 and the children of parents who fled to Sweden during World War II. Inspired […]
Espoo Master Plan 2060 aims for sustainable growth
The population of the Helsinki metropolitan area is growing. The Espoo Master Plan 2060 is a city-wide master plan that agrees on the direction of the city’s growth and key land use issues. The master plan guides traffic, mobility, and the location of housing, services, jobs, and recreational areas. – With the plan, we can […]
Autonomous train tests were successfully performed in Finland
Fully automated and integrated supply chain between production and terminal? Project manager Reijo Viinonen notes that the autonomous train is intended to be a safe, sustainable and competitive industrial mode of transport. Autonomous, battery-free and interchangeable transport is the future of industrial logistics. GoA4 is the automation class of the system, where trains can operate […]
Illegal sales calls from robots remain a problem, the consumer authority says
Sales calls made via automated calling systems or "robot calls," are on the rise in Finland. However, the consent of the recipients is not always obtained, even if it is required by law according to the Finnish Competition and Consumer Authority. Unlike human telemarketers, non-human callers must obtain the recipient’s consent before contacting them. Still, […]
