Tag: Companies
The strike of cleaning and property maintenance services expanded at midnight
Organizations have had difficulty finding common ground, especially when it comes to salary increases. While PAM had rejected the first settlement proposal on the grounds that a percentage-based increase would not have sufficiently benefited low-wage workers, it also rejected the €91 increase offered in the previous proposal as insufficient. Annika Rönni-SällinenPAM president, said on Wednesday […]
The cleaners and real estate services strike will start early on Thursday
About 25,000 cleaners and housekeepers in companies like ISS, L&T and SOL will begin a two-day walkout at midnight.
The spy suspicions against Tiktok
Clouds of worry surrounding Tiktok have been gathering for the past six months; it involves suspicions of data collection, influence campaigns and accusations of espionage. In Sweden, employees at the government office are no longer allowed to have the app on their work mobiles, and similar bans are hailing in various Western countries, which is […]
China’s espionage, data theft cause concern for Norway, Netherlands
Oslo [Norway]March 21 (ANI): China’s “state-sponsored” hackers, who did contract work in the service of state espionage, and data theft have become the main problem for Norway and the Netherlands, according to an article on Portal Plus authored by Valerio Fabbri. The hackers use a sophisticated mix of social engineering techniques, including using dating sites, […]
Science Night LIVE! Heureka celebrates the expertise of international researchers living and working in Finland
Funded by the Science Information and in cooperation with E2 Research, Haaga-Helia University of Applied Sciences and Heureka, the goal Science Night LIVE! is to support the media, decision-makers, companies and third sector organizations in finding the expertise of foreign researchers working in Finland. The event offers researchers opportunities for social engagement with the public […]
Companies pushing the gas pedal for electric car fleets
A new ranking has outlined the companies leading the charge to commit to electric vehicles and those lagging behind, writes David Ritter. AUSTRALIA’S corporate fleet of passenger cars has a big role to play in driving the electric vehicle (EV) revolution our country needs to reduce greenhouse gas emissions and clean up air pollution in […]
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 […]
The Bank of Finland’s mid-term forecast: the economy is at rest
Despite the difficulties, the Finnish economy has endured so far, but not all the effects of rapid inflation and rising interest rates have been seen. In addition, the risks of the international economy have increased recently,” says Meri ObstbaumHead of forecasting at the Bank of Finland. In 2022, Finland’s economy grew by 2.1% thanks to […]
The chemical and battery industry was confused by the ministry’s rejection of the English-language training program
We have to use all possible solutions in order to be able to meet the demand for skilled professionals,” said the representative of Kemianteollisuus ry. Several international companies operating in Vaasa had expressed their support for the application, because they consider the program necessary for the development of the electrical automation industry in the region. […]
Denmark vulnerable to foreign bribery – report
The OECD has published a report strongly criticizing Denmark’s approach to combating bribery involving foreign companies or individuals, along with several recommendations (see factbox) to improve the situation. The report, published by the OECD’s working group on bribery, said Denmark places “insufficient priority on preventing, detecting and sanctioning foreign bribery” and must urgently step up […]
Do Danish insurance companies invest too much in BMI scores?
Insurance companies are increasingly rejecting applicants based solely on their BMI – especially those seeking life or disability insurance. A DR report cites the example of Danica Pension, which in September rejected an application for the latter, based solely on a BMI score. Mona Ebdrup, 32, has a BMI of 37.5, but she “cycles every […]
The Central Bank raises the countercyclical buffer
Although the financial system in Iceland is assessed as stable by the Central Bank, the financial situation of households and companies is deteriorating due to persistent inflation. Today, the countercyclical buffer rate was raised to 2.5%. Previously, it was at 2 percent. This morning the Central Bank’s Financial Stability Committee (FSN) published its half-yearly report […]
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 […]
Novo Nordisk will lower its insulin prices in the US
Pressure from PrezNovo Nordisk said it would cut the price of its insulin products by up to 75 percent – products to be included in the price cut include Levemir, Novolin, NovoLog. The issue of pharmaceutical companies overcharging for their products reached the halls of the White House, where President Biden called on pharmaceutical companies […]
YLE: The interests of electricity producers reject the estimate of the costs of the energy crisis
His calculation was based on two variables: the average market price in the second half of last year – more than 20 cents per kilowatt hour – and energy consumption during the same period. It does not include heavy industry, as they tend to use various mechanisms to protect themselves from fluctuations in electricity prices. […]
New treatment may improve heart pump function in heart failure patients: Research
Solna [Sweden], March 14 (ANI): Researchers at Karolinska Institutet and Karolinska University Hospital in Sweden discovered that the hunger hormone ghrelin can increase the pumping capacity of the heart in patients with heart failure in a clinical study. The findings were published in the European Heart Journal. Millions of people worldwide live with heart failure, […]
Swedish multinational Medicover sees India’s healthcare market triple over the next 10 years
By Zain AwanNew Delhi [India]March 14 (ANI): Sweden-headquartered multinational hospital chain Medicover, which plans to double its footprint in India, expects the country’s healthcare market size to grow threefold a decade from now. With a bouquet of 24 hospitals in India, Medicover has indicated that in the next five years it intends to double the […]
Danish company abolishes children’s sick day limit
Your three-year-old woke up with an eye infection, but you managed to clear most of the dirt. Your five-year-old has a slight temperature, so there’s a chance he’ll come down with something, but he’ll definitely make it through the day—especially if you give him a pill. Working parents wake up to these kinds of dilemmas […]
The Swedish-headquartered hospital chain Medicover plans to double India’s footprint
New Delhi [India]March 14 (ANI): Sweden-headquartered multinational hospital chain Medicover Hospitals, which currently has 24 hospitals in India, plans to double its footprint over a period of next five years. Medicover is a specialist provider of diagnostic and healthcare services. The company operates through two divisions – Diagnostic Services and Healthcare Services. In its healthcare […]
A four-day work week is profitable in some fields, the professor tells YLE
However, Härmä told public radio that the effects of the four-day work week should be monitored for more than six months – one to two years – as the employees’ motivation may decrease after the initial enthusiasm. “It would show how long productivity can remain unchanged after reducing working hours. The danger of shortening the […]
St Patrick’s Day 2023: Improv’s Irish poster girl
A vibrant improv scene has emerged in Denmark over the last ten years – or rather one could argue seven and a half years, tracing its rapid acceleration to the exact date in 2015 when Irish performer Sarah McGillion arrived on these shores . Quite simply, McGillion gets it done. Barely a fortnight goes by […]
Well-being at work in Finland continues to decline, according to a study
A recent report from the Institute of Occupational Health shows that there is still a slight decline in Finnish occupational well-being. In the study, 480 Finnish employees aged 22–66 were interviewed, who answered four questionnaires. The experience of individual work ability has weakened at the same time as burnout symptoms have increased. A little over […]
Finnish startup community chief economist Youssef Zad suggests increasing tax incentives to attract skilled labor
According to the report, tax incentives affect the migration of certain groups, such as top innovators in the patent industry and other high-income individuals. Youssef ZadThe chief economist of the Finnish startup community stated that several studies have shown that high-income immigrants and top innovators react strongly to changes in income taxation and R&D tax […]
The Ministry of Labor is investigating the possibilities of shortening working hours
The UK recently concluded a six-month trial of the four-day working week, involving nearly 3,000 workers and dozens of employers across a range of industries. More than 90 percent, or 56, of the 61 companies that participated said they intended to continue implementing the shorter work week after the trial, and 18 said the shift […]
Almost half of the board positions in Finnish listed companies are filled by women, but additional measures are needed
For several years, the Central Chamber of Commerce has monitored the number of women on the boards of listed companies based on the composition of the boards appointed at the general meetings. When looking at the statistics of 2022 and all listed companies, almost half of the companies already meet the gender equality goal. Of […]
Do signed union agreements also apply to the catering sector?
SVEIT, the association of companies operating in the catering market, believes that jobs in this sector are not covered by collective agreements. ASÍ’s lawyer says quite clearly that the contracts concluded with the Employers’ Confederation cover jobs in the restaurant sector. Aðalgeir Ásvaldsson, executive director of SVEIT, says the organization is unhappy about not participating […]
Finnish women see technology as key to solving the climate crisis, but few find the technology industry attractive
Women’s lack of interest in the tech industry is problematic because of the constant shortage of skilled workers in the industry. In Finland, only 20% of technical experts are women, and this number is not enough to narrow the skills gap. Tietoevry’s research showed that women believed that employers and educational institutions need to do […]
The gender pay gap among entrepreneurs in Finland continues, and female entrepreneurs earn 85 percent of male entrepreneurs.
Data collected over the last five years from 2018 to 2023 showed certain positions where female entrepreneurs earn more than male entrepreneurs. Women in creative fields such as writers, musicians and directors have successfully priced their work higher than men. These findings show that female entrepreneurs work in different fields, unlike their male counterparts who […]
CO2 pumped underground for the first time
Crown Prince Frederik graced the stage yesterday at an event in Esbjerg, which inaugurated an experiment with technology that pumps carbon dioxide emissions back into the ground, reports DR. In the ocean not far from the case, a decommissioned oil platform was used to begin pumping the gas under the sea. The CO2 was brought […]
HS: Finnish young people invest more than ever before, even more than Swedes
According to the magazine, young Finns are therefore more active investors than their Swedish peers. Lasse CorinAktia’s Chief Economist, estimates that the increase in the number of young people investing suggests that investments in improving people’s financial skills and competence are bearing fruit. “Young people clearly understand the importance and possibilities of investing as part […]
This is how Anonymous Sudan and Russian hackers attack Sweden
In February 2023, websites belonging to large Swedish companies, authorities and institutions will be shut down. Among other things, SAS, SVT, several universities and hospitals are affected. It soon becomes clear that the hacker group Anonymous Sudan is behind the overload attacks. – My first reaction was “yeah, right”, and quite a lot of skepticism […]
Entrepreneurs propose solutions to alleviate the labor shortage with flexible residence permits and language services
Manai also added that Finland is an excellent choice for both work and study, thanks to the high-quality education and safe living environment. However, the country has failed to attract enough foreign workers and students. Finnish Entrepreneurs have made several proposals to solve the issue, including prioritizing the integration of skilled workers’ family members, supporting […]
Helsinki-Vantaa Airport was awarded the best airport in Europe in its category
Helsinki-Vantaa Airport has maintained its strong position among the world’s best airports year after year,” says Kimmo MäkiCEO of Finavia. The ASQ award (Airport Service Quality) is awarded by the Airports Council International (ACI), the international umbrella organization for airports. The awards were given to airports that were the best in their area and size […]
Copenhagen has the world’s best work-life balance, according to a Forbes survey
Copenhagen has the best work-life balance in the world, according to Forbes Advisor. Its 2023 survey assessed 128 major cities worldwide, giving each a score out of 100. Copenhagen scored 70.5, placing it well ahead of Helsinki at 65.1. Nordic cities dominated and took six of the top seven places, with Stockholm, Oslo, Gothenburg and […]
Copenhagen has the world’s best work-life balance, according to a Forbes survey
Copenhagen has the best work-life balance in the world, according to Forbes Advisor. Its 2023 survey assessed 128 major cities worldwide, giving each a score out of 100. Copenhagen scored 70.5, placing it well ahead of Helsinki at 65.1. Nordic cities dominated and took six of the top seven places, with Stockholm, Oslo, Gothenburg and […]
Report: Finland is not exceptionally dependent on trade with China
If disruptions affect several countries at the same time, importers would not be able to quickly turn to alternative suppliers. The effects would therefore be seen in the everyday lives of both citizens and companies. According to a survey coordinated by the Ministry of Foreign Affairs, Finland is among the EU average in total trade […]
The language election machine opens to voters: Concern about the status of national languages
The platform also shows the differences between candidate and user responses. Users can also browse the candidates’ answers and their language policy promises without even answering the questions. The platform can be used in Finnish and Swedish at kielivaalikone.fi and valkompassomsprak.fi, respectively. The Kielivaalikone project is run by the non-partisan language advocacy group Oma kieli […]
An agreement with the bus drivers has been found, bus traffic will return to normal
“The strikes will end immediately. We have agreed that the return to work will take place as soon as possible, but no later than Monday morning on the first shift”, he stated for the broadcasting company in the dying minutes of the day. Kokko described the end result as a reasonable compromise from the drivers’ […]
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 […]
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, […]
Offshore wind turbine projects on the rocks
The Danish Energy Agency has suspended 28 wind turbine projects worth billions of kroner. Other energy projects have also been halted due to fears that the “open door” contracting scheme is in breach of EU law. All the projects fall under the so-called ‘open door’ scheme. This allows a company to submit an unsolicited project […]
Danske Bank updates its investment outlook: Stocks and bonds are weighted neutral
The increase in the neutral weight of stocks is due to the fact that the darkest clouds in the market have disappeared. Kivipelto, however, advises stock investors to be cautious about geographical diversification. “We are overweight in emerging markets. In addition, we still have a neutral weight on US and Japanese stocks. Regarding Europe, we […]
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 […]
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 […]
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 […]
China uses courts to capture Western technology
Washington [US]Feb 27 (ANI): Amid growing conflict with the US, China is using its courts and patent panels to undermine foreign intellectual property rights and help Chinese companies, particularly in technology, pharmaceuticals and rare earths, US and EU officials say, The Wall Street Journal reported . China is leaning on a range of levers to […]
Ecco headquarters vandalized to mark the anniversary of Russia’s invasion of Ukraine
On Thursday evening, Ecco’s headquarters in Tønder in southern Denmark was vandalized ahead of Friday’s anniversary of Russia’s invasion of Ukraine. A stone plinth near the headquarters was draped in the colors of the Ukrainian flag. Under the cloak, a series of large ‘Z’s’ – the symbol of the Russian army during the invasion – […]
EU calls for arms embargo to end military atrocities in Myanmar
YANGON, Myanmar – The European Union has imposed asset freezes and travel bans on 16 individuals and entities in military-ruled Myanmar, including the energy minister, influential businessmen and senior officers, for “serious” human rights abuses in the country. Politicians and administrators in Myanmar’s largest city, Yangon, are also being sanctioned for their alleged involvement in […]
From the carrier’s guide – how to make purchases in Poland on an invoice with zero VAT
Authorized to export are companies that have been assigned an EORI number (Economic Operators. Registration and Identification), which functions only for customs purposes related to the performance of customs duties in the import and export of goods to and from the country. Goods declared by the exporter without an EORI number will not clear customs. […]
President Niinistö visits the United States and meets the senators
The program also includes visits to companies and a discussion about security policy at the National Nordic Museum. The president will then travel to Palo Alto on Tuesday, March 7, to participate in a discussion on security policy, great power competition and new technologies organized by Stanford University’s Freeman Spogli Institute for International Studies. During […]
From good intentions to good actions
In September 2020, India and Denmark marked a historic partnership. By launching the first green strategic partnership of its kindthe two countries chose each other as preferred partners to accelerate climate solutions and combine economic growth with ambitious green policies. A good two and a half years later, the good intentions still contain plenty of […]
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 […]
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 […]
HS: The housing market has slowed down strongly in Tampere, Turku
The Tampere newspaper pointed out in its report that the number of new apartment sales was also affected by the fact that some of the houses completed last year had already been sold in 2021. A total of 4,377 new apartments were completed in Tampere in 2022, of which 3,487 are vacant apartments. Markku RiihimäkiThe […]
Half of Finnish employees would consider leaving work without a remote work option: Survey
This opinion was most common among 18- to 29-year-olds, with 64% stating that the ability to work remotely was an important factor in their choice of job. Despite the return to the office, the study found that telecommuting has had a positive impact on job satisfaction, productivity and work autonomy, with 60%, 54% and 50% […]
Finnish politicians demand electricity retailers to adjust the prices of fixed-term contracts
“There is freedom of contract in Finland and the signed contracts are binding, but companies have the opportunity and also the responsibility to proactively bear social responsibility and meet people halfway,” he reasoned. About 130,000 Finnish households signed a new electricity contract during a time when the price of electricity exceeded 30 cents per kilowatt […]
Consumer discount on the cards? State audit uncovers major discrepancies with the way Danish energy is delivered
A new report by the State Auditors reveals that between 2018 and 2021, Danish energy companies overcharged consumers by DKK 61.8 million – and that this may be the tip of the iceberg. Commissioned by the National Audit Office, the State Auditors’ report has only assessed the activities of 76 of the company’s 600 energy […]
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 […]
Statistics Finland: Inflation slowed to 8.4 percent in January
However, the price of electricity remained the main factors of inflation, along with diesel prices and interest rates on both mortgages and consumer loans. In contrast, the factors that slowed down inflation were the fall in the prices of detached houses and the fall in the prices of prescription drugs. The publication of the inflation […]
The growing popularity of CBD oil in Germany
In recent years, the popularity of Cannabidiol (CBD) oil has grown rapidly in Germany. It is now one of the most popular natural remedies for various health problems – from chronic pain to insomnia and anxiety. Studies suggest that CBD oil may be beneficial for those suffering from epilepsy or other neurological disorders, as well […]
Ban on work for Efling members: “Absolute emergency measure”
The board of the Confederation of Workers (SA) approved the proposal for companies and enterprises that belong to it to ban Efling members from working. If it is accepted, none of the employees employed on the basis of the Efling and SA payroll agreements may work and receive remuneration at that time. Voting on the […]
Ukraine makes a request to Spotify
Authorities in Kiev asked the Swedish streaming service to remove songs by Russian artists who “support the war” Kiev has requested that Swedish audio streaming service Spotify remove songs by Russia-based artists who “support the war,” the Ukrainian president’s chief of staff, Andrey Ermak, told the Times on Sunday. The country has been trying to […]
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 […]
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 […]
Working from home attracts people from big cities to the suburbs
A survey of 12,000 German people conducted in the fall of 2022 found that 38 percent of those leaving large cities moved to the suburbs and 30 percent to smaller cities with a population of 100,000 to 500,000. Only 9 percent moved to small cities and 5 percent to the countryside. These results show that, […]
Public artworks exploring humanity and technology are spreading across Helsinki’s Kalasatama area
The four artists involved in the project are Laura Beloff, Flis Holland, Josefina Nelimarkkaand Jenna Sutela. Everyone approaches the curatorial concept within the framework of their own artistic activity. The curatorial project is implemented Aleksandra Kiskonen and Kristiina LjokkoiPublic Art Curators at HAM Helsinki Art Museum. The project is connected to the Smart Kalasatama Urban […]
The tankers’ strike has a huge impact on the whole country
Skeljungur’s CEO says the strike is having a huge impact on the company’s customers, such as gas stations, contractors, bus companies and airports. At the first gas stations after a few hours of the strike, petrol began to run out. Fuel tanker drivers began arriving at the base in Örfirisey just before 11 o’clock, after […]
Danish companies are lining up to help rebuild Ukraine
Expertise galoreRasmussen said that Danish companies have expertise in relation to some of the most pressing issues facing Ukraine – such as water and heat supply, water quality and infrastructure. Rasmussen will also meet with his Polish counterpart, Zbigniew Rau, to discuss continued support for Ukraine, security policy and energy. Denmark’s pavilion at the conference […]
Fewer new companies registered this year
Has the tide turned?The good news is that the downward trend appears to have reversed in the last quarter of 2022. Pless said falling inflation levels and a pledge by Denmark’s new government across the middle to pump 300 million kroner into a new strategy for entrepreneurs may have helped turn the tide. See the […]
SAS hit by serious cyber attack
A reply to PaludanThe cyber attack against SAS was one of several against a number of Swedish companies yesterday, including the Swedish TV station Sveriges Television. Hacker group Anonymous Sudan claimed responsibility for the attack, saying it was a response to Rasmus Paludan burning Korans in Sweden.
The ministry calls a time-out on the status of Thai berry pickers in Finland
“Changing the regulation would have been the only way to change the position of the pickers already for the next harvest season. It was good that we considered the possibility.” Katri Niskanensenior expert from the Ministry of Economy and Labour, comment For YLE on Thursday, February 9. In the changes, berry pickers would have been […]
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 […]
Finnish universities and companies are leading the way towards sustainable fiber fabrics in the SUSTAFIT research project
The fibers are distributed randomly in nonwovens and bonded together chemically, mechanically, or thermally, making their manufacturing process faster and simpler than traditional woven and knit fabrics. The research project solves the plastic problem of disposable nonwovens Many nonwovens are disposable products that are discarded after use and can end up in the environment. This […]
Announcement of further strikes
The trade union Efling has announced further strikes. The announcement includes i.a. people employed in cleaning companies, security guards and all those working in hotels and boarding houses. Voting will start on Thursday, February 16 and will last until Monday, February 20. The information will be updated on a regular basis. Based on an article […]
“It was a mutual decision”: Defense company Saab separates from Adani Group
New Delhi [India]Feb 9 (ANI): As Saab and Adani Group have decided not to go ahead with the deal to manufacture Gripen E fighter jets in India, Mats Palmberg, the India head of the Swedish aerospace and defense company, said on Thursday that it was “mutual decision”. An agreement was signed in 2017 between the […]
Denmark and California expand green cooperation
Commitment to the green transitionCalifornia is an excellent example of a state committed to a 100 percent clean energy future, and with its 1,350 km of coastline, California holds enormous potential for offshore wind energy. The Danish Energy Agency will help Californian authorities to optimize the regulatory framework for offshore wind, reduce the risk for […]
Media support proposals for the negotiation round: The grants aim to support socially important communication and versatile news media
The grants would be awarded through the Finnish Transport and Communications Agency (Traficom). The first supplementary budget proposal for 2023 includes a total of 7 million euros in reserve for such grants. “Responsible, versatile and independent media is the cornerstone of a democratic society. The media industry has been adapting to technological changes and competition […]
The longest collective agreement in the fishing industry was signed
Representatives of the Icelandic Seafarers’ Union and the Union of Fishing Companies (SFS) have signed new collective agreements. These agreements are to run for ten years. The new agreement puts emphasis on wage increases in line with those implemented by the Workers’ Federation (SGS), increasing pension contributions and increasing the safety and health of workers. […]
BoF: Russian consumers have not suffered from the sanctions
The study examines the willingness of Western companies to break away from Russia.
Strikes in Finnish supermarkets start on Thursday
“PAM and Kauppaliitto are far from each other in their views – also on issues other than remuneration”, Annika Rönni-SällinenPAM’s chairman stated press release on Tuesday. The trade union continues to pursue wage increases of around 200 euros. The trade union stated in its press release that it had put forward several proposals to resolve […]
Women can solve Europe’s technical talent challenge
“Europe is facing tech talent and competitiveness, and women can help European tech solve its talent challenge. To do this, European tech companies need to diversify their talent pool by investing in and attracting historically underutilized talent, especially women. We can strengthen our competitive advantage by diversifying technology jobs in Europe”, says Elina MäkeläAssociate McKinsey […]
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 […]
The government is ready to increase support for green companies
Time is of the essence Experts argue that the relaxation of the rules could drastically shorten the process time for permits needed to build a wind or solar farm. At the moment, green companies can wait years for the authorities to respond to, for example, a building permit. “We have long asked them to look […]
Teollisuusliitto cancels strikes after chemical and technology industry contracts
The technology industry may still face Trade Union Pro and YTN’s strike. Helsington Sanomat on Sunday wrote that the agreement guarantees this year’s general 3.5 percent salary increase for employees in the technology sector and a one-time additional bonus of 400 euros to be paid in March. Salary increases in the industry will continue next […]
Finland is applying for EU funding of 61.5 million euros for communication projects
In the current application round, the strengthening of backbone network connections and the introduction of quantum communication infrastructure are financed in particular. Five projects are applying for funding to improve connections 1. The Far North Fiber Europe 1 project is seeking EUR 56.8 million in funding for seabed research and the design and construction of […]
Finland suspends issuing visas to Thai berry pickers due to human smuggling
The embassy was told to stop issuing visas in November 2022. – The Ministry of Economic Affairs has prepared a proposal to amend the seasonal worker regulation so that the picking of natural products requires the conclusion of an employment contract. press release from the Ministry of Foreign Affairs. – The public consultation of the […]
The annual results of the fourth quarter of Finnish companies vary
The Finnish forest industry company UPM reported the second best quarter in its history, while the profit of the trader K group decreased.
OP: Finland will sink into a mild recession in 2023
“We are looking at a couple of years of interminably slow development rather than a clearly defined recession and rapid recovery,” he said. press release on Tuesday. According to OP, the recession affects the economy widely and makes it difficult for exports, private consumption and investments. The value of exports grew at an almost unprecedented […]
Huge dividend for Ørsted and Novo Nordisk’s shareholders
The shareholders in Ørsted and Novo Nordisk have much to be happy about today, as both companies have decided to issue large dividends following the declaration of record profits. While Ørsted will split DKK 5.7 billion, Novo will distribute DKK 14.8 billion – not bad for shareholders who split DKK 7.5 billion in August last […]
Tech workers to strike this week, no new solution to pay dispute
Starting Wednesday, the walkout will affect approximately 50 companies across the country for three days.
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 […]
Consumption-based emissions for all Finnish municipalities and regions calculated for the first time
For the first time, we can get systematic information on how emissions are distributed between households and the municipal organization within the municipality,” says. Santtu Karhinensenior researcher at the Finnish Environmental Center. According to new emission calculations, the combined consumption-based greenhouse gas emissions of Finnish municipalities are approximately 57.4 MtCO2e. Of these municipal emissions, 83 […]
Jokeri Light Rail test runs start in Espoo – stops at metro and railway stations
In Leppävaara, you can easily get to the railway track and its future extension to the City Rail Link and the long-distance train network by express tram. Leppävaara is a commercially attractive area and thanks to the new light rail, its services are even easier to reach. In Otaniemi and Keilaniemi, the Jokeri tram stops […]
