Tag: Industries
Skills shortage in Finland: A growing challenge amid global trends
Next come Southern Finland with 83 percent, Western Finland with 79 percent and Northern Finland with 75 percent. The industries most affected by the skills shortage are transport and logistics (92%), communication services (91%), industry (84%) and healthcare and life sciences (80%). The five areas of expertise with the most expertise are IT and data, […]
A Dane abroad: The potential pitfalls in an unregulated tech race
In a recent article in the New York Times, tech writer Kevin Roose reported on a bizarre encounter he had with a Bing chatbot, in which it told him, among other things, that it dreamed of being human, that Roose should divorce his wife and that it wanted to steal nuclear bomb codes. Don’t leave […]
RAU and Palta are considering an agreement that could end the railway strike in Finland
Approval by both governments would end the strike that has halted the vast majority of train traffic – including all local and long-distance passenger traffic – in Finland since Monday, March 20. The state railway company VR is not operating any trains today despite the verdict. YLE wrote that the company’s spokesperson estimates that the […]
A Dane abroad:
In a recent article in the New York Times, tech writer Kevin Roose reported on a bizarre encounter he had with a Bing chatbot, in which it told him, among other things, that it dreamed of being human, that Roose should divorce his wife and that it wanted to steal nuclear bomb codes. Don’t leave […]
How can cryptocurrency be used in the future?
Cryptocurrency has been one of the fastest growing technologies in recent years, and many experts predict that this is just the beginning of how cryptocurrency can be used in the future. While most people continue to think of cryptocurrency as an investment opportunity, the true value of the technology has barely begun to emerge. In […]
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 […]
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’ […]
The labor market organizations cannot reach an agreement on overcrowding
“We spent the whole day looking for a solution, but unfortunately we couldn’t find it,” he comment. “We have to wait and think about the solution for some time, but we are close. There was clear progress today.” Sajavaara added that the plan is to continue the negotiations as soon as possible, but refused to […]
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 […]
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 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 […]
DeskFlex: Business with Effective Scheduling Solutions
“deskflex.com” is a company that provides web-based reservation and scheduling solutions, aimed at providing comprehensive solutions for businesses and users. They offer various products and services, including conference room reservation systems, desk reservation systems, gym reservation systems, etc., with the goal of improving the work efficiency and productivity of businesses and users. Deskflex.com’s products and […]
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 […]
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 […]
Wednesday papers: Strikes, fewer traffic cameras, brain exercises
Most morning papers are reporting the start of a three-day strike in the technology and chemical industries, as well as upcoming labor actions in the retail and transportation sectors.
Niinistö: We are used to a standard of living that has not been earned
He also expressed his confusion that the size of the indebtedness problem is not known and the need to change the line of economic policy. He believes that central banks are the root cause of the problem because they have implemented excessive asset purchase programs that have distorted public understanding of the realities of the […]
HS: Two Finnish shipyards have requested emergency funding from the state
Timo MeyerMeyer Turku’s CEO did not respond to Helsingin Sanomat’s request for comment on Friday. Meyer Turku directly employs around 2,000 people and another 7,500 people through the network of subcontractors serving the Turku shipyard. The yard’s turnover in 2021 was 1.1 billion euros and the net loss was more than 17 million euros. The […]
The city of Helsinki raises the salaries of several professional groups, offers cultural and sports benefits to the personnel
The goal of the wage development program is to make the city more attractive as an employer and to ease recruitment challenges In the 2022 budget proposal of the city of Helsinki, 5 million euros are allocated to the implementation of the city’s wage development program. The program is used as a basis for the […]
Interview: US scientists say Nord Stream leaks ‘need honest investigation’
WASHINGTON, Oct. 3 (Xinhua) — U.S. attempts to blame Russia for the Nord Stream gas pipeline leaks are “very unconvincing,” a prominent U.S. scientist and a senior U.N. adviser have said, calling for an honest investigation. “The evidence is of course incomplete at this stage, but the US attempt to blame Russia is very unconvincing […]
The American climate agreement holds enormous potential for Danish companies
US President Joe Biden had a much-needed victory on Sunday night when the US Senate passed his massive climate strategy. The ambitious plan has a value of 430 billion dollars, and its goal is to work towards tackling climate change through green measures, as well as to limit the cost of medicine. But according to […]
Consumer confidence in Finland plummeted to a historic low in June
Consumer confidence was at its lowest in June since the survey began in 1995, according to a recent survey by Statistics Finland. Expectations of one’s own and Finland’s economy during the year were quite strict, the most pessimistic in the history of research. Respondents estimate their own finances to be weak after a year. There […]
Google buys more land from the city of Hamina
Internet giant Google will buy 50 hectares more land from the city of Hamina next to its current data center for 4.3 million euros. Hannu MuhonenThe mayor of Hamina, was pleased that Google decided to continue investing in Hamina, as the company is a major employer in the city. "We have had an excellent partnership […]
Ministry of Finance: Economic growth is slowing down, inflation is accelerating in Finland
“Building an economy on a more favorable and ecologically sustainable growth path that strengthens public finances requires the ability to compete successfully for investment among peers,” comments Mikko SpolanderDirector of the Finance Department of the Ministry of Finance. The economic outlook is overshadowed in particular by Russia’s war of aggression in Ukraine. The prolongation of […]
Industrial investment is growing strongly this year
According to the Confederation of Finnish Industries EK, industrial investment is expected to grow by 24 per cent this year compared to the previous year. The total value of industrial investment in 2022 is estimated at around € 10.5 billion. According to EK’s Director of Data and Research, despite this year’s economic uncertainty and rising […]
Tehy Magazine: Dozens of acute and intensive care nurses have resigned in Oulu, Tampere
“This is too many nurses. I haven’t come across such a large number of nurses before,” he said, noting that replacing intensive care nurses is difficult despite the ongoing recruitment campaign. “We have to reduce and close more operations than in previous summers.” For example, Oulu University Hospital will have 14 intensive care units for […]
Finland and Estonia will lease a floating LNG terminal after the cut-off in Russia
Finland and Estonia are jointly planning to lease a nearly 300-meter-long liquefied natural gas (LNG) terminal to secure gas imports following Russia’s recent cut-off. Russia stopped exporting LNG to Finland in May, threatening some industries, including the gas-based bakery, forest and oil industries. The floating LNG terminal will be docked in the South Harbor of […]
The EU’s sixth package of sanctions will also introduce export sanctions for chemical products
The European Union has imposed extensive sanctions on Russia and Belarus over Ukraine’s invasion. As an enforcement authority, Customs is responsible for enforcing import and export sanctions agreed at EU level. The new sanctions ban the import of crude oil and petroleum products from Russia into the EU, with the exception of crude oil supplied […]
The Economist is demanding 5 percent wage increases to curb accelerating inflation
Consumer prices have started to rise as a result of Russia’s invasion of Ukraine, and together with inflation, the purchasing power of Finns is falling. Euro area inflation accelerated to a record 8.1 per cent in May from a year earlier, following inflation peaks in March and April at 7.5 and 7.4 per cent, respectively. […]
The working group coordinates the distribution infrastructure for new alternative transport fuels
The distribution of new alternative fuels instead of fossil fuels plays a key role in the greening of transport. In order for households and companies across Finland to be able to switch to electricity and gas traffic, a nationwide public charging and refueling network must be easily available. – As the popularity of electric cars […]
Chana is recruiting for the Green Revolution
100,000 people are estimated to move to northern Norrland within the next 15 years. Chana Svensson has already taken the step and left her legal career in Washington for love in Luleå. Now she will recruit the people who will make Sweden a leader in global climate change. At the same time, she struggles with […]
Gasum Finland is seeking arbitration in a payment dispute with Gazprom
“Gasum does not accept Gazprom Export’s request to switch to ruble payments and will therefore not make payments in rubles or in accordance with the proposed payment arrangement. In addition, the companies have a significant dispute over other claims made under the agreement, the company said press release on tuesday. Gazprom has asked Gasum to […]
The Government of Canada is leading its fifth trade mission for the creative industries, focusing on Europe
GATINEAU, 5 May 2022 Canadian creative industries play an important role in fostering relationships that promote Canadian culture and interests around the world. The Government of Canada is working hard to get the economy back on track. It is committed to supporting companies and business people and maximizing their efforts at home and abroad. That […]
Develop your contacts, skills and confidence as you learn from the best at CBS
The Danish Business Authority, the Danish Business Authority, has identified a large number of companies and research environments that perform at the top of their fields and create a respected innovation ecosystem throughout Denmark. This innovative world attracts both local and international talents with cutting-edge skills. As today’s business world is undeniably fast-paced, professionals aiming […]
The aid system reaches more than 1,000 victims of human trafficking in Finland
Jutta SaastamoinenResearchers in the European Migration Network believe that a significant proportion of victims still lack the help they need and that the phenomenon of human trafficking is partly hidden from the authorities. According to a new study, more than half of all victims of trafficking registered in EU Member States are third-country nationals. In […]
In Scandinavia, wooden buildings reach new heights
SKELLEFTEA, SWEDEN – A sand-colored tower glitters in the sunlight and dominates the skyline of the Swedish city of Skellefteå when Scandinavia uses its wood resources to lead a global trend towards building environmentally friendly high-rise buildings. Sara Kulturhus is one of the world’s tallest timber buildings, made mainly of spruce and rises 75 meters […]
Q1 results: Finnair launches cost-saving program, Telia puts Finland first
Several major Finnish companies released their Q1 results on Wednesday, and the reports show the delayed effects of the Covid pandemic and the economic impact of Russia’s invasion of Ukraine. Finnair launches a savings program The national airline Finnair reported a loss of EUR 132.9 million in the first three months of 2022, which is […]
Research: EU carbon taxes would have a small overall economic impact on Finland
The European Commission is proposing that tariffs be levied on certain highly polluting imports, such as aluminum, cement, fertilizers and steel, in order to encourage third countries to adopt greener production processes, prevent so-called carbon leakage and create a more balanced market in the 27-nation bloc. According to Etla and Syke, customs duties in Finland […]
Work keeps Finns abroad – however, most Finns abroad would be willing to work remotely for Finnish employers
The most common reasons for returnees to return to Finland are related to close friends and family in their home country or the desire to live in Finland instead of being attracted to the labor market. Less than 10 percent of returnees cited the opportunity to continue their careers as a key reason for returning. […]
Varma sijoittaa 300 miljoonaa euroa vähäpäästöisiin yrityksiin Japanissa
”Halusimme tehdä kestävän kehityksen näkökohdat huomioivan ESG-sijoituksen myös Japanin markkinoilla. Tämä on järjestelmällinen jatko ESG-sijoituksillemme, jotka on räätälöity USA:n, Euroopan ja kehittyville markkinoille. Pörssilistattujen ESG-rahastojen määrä Japanissa on edelleen melko alhainen”, sanoo Timo SallinenVarman listattujen arvopaperien johtaja. Rahasto sijoittaa noin 100 suureen ja keskisuuriin japanilaiseen yritykseen, jotka on valittu tiukkojen kestävän kehityksen kriteerien mukaan huomioiden […]
The Finnish construction industry is facing unprecedented problems
Much of the steel imports used by the construction industry have come to a halt since the Russian invasion of Ukraine began. And now the entire Finnish construction industry is in big trouble due to material shortages. According to the construction industry, an estimated quarter of the steel used in Finland has previously come from […]
Finnish startup community: Four percent of GDP for research and development
In the economic environment overshadowed by the COVID19 pandemic and the war in Ukraine, the Finnish government’s decision to invest in research and development (R&D) also brings confidence in the future among startup entrepreneurs. “This was also the case during the recession of the 1990s, when we were able to gather the results of the […]
Finnish robotics company Flexmill acquired Mirka
Typical applications include propellers, turbines, foundry products, and welded and machined structures. Flexmill offers programming and tooling solutions for the surface treatment of even complex workpieces, including small-scale production. The acquisition is a key part of Mirka’s strategy to expand its range in robotics. “We welcome Flexmill to the Mirka Group and are really excited […]
UN chief says world continues on ‘fast track to climate disaster’
He made these remarks in response to the sixth report of the UN Intergovernmental Panel on Climate Change on Monday. “The jury has made a verdict. And that’s damn it,” Guterres said in a statement. “This report … is a litany of broken climate promises. It is a file of shame that lists empty promises […]
Current measures are not enough to limit warming to 1.5 degrees – effective emission reductions will be needed over the next decade: IPCC report
Press release from the Ministry of the Environment and VTT According to the report, the climate targets announced so far by various countries are not enough to limit global warming to 1.5 degrees by the end of the century. With the climate measures decided so far, global warming will temporarily exceed 1.5 degrees, and strong […]
Explanation: The war in Ukraine affects Finnish companies
Russia’s invasion of Ukraine and the resulting sanctions on Russia affect Finnish companies, according to a study conducted by the Chamber of Commerce. The majority of companies that responded to the survey – 62 per cent – said the ongoing crisis had made it difficult for them to operate. However, only one-fifth of respondents expect […]
Hesburger: Closes all stores in Russia and Belarus "as soon as possible"
Finnish fast food company Hesburger announces plans to close all offices in Russia and Belarus "as soon as possible". In a press release on Tuesday, Hesburger CEO Kari Salmela said the chain plans to close down both countries this summer, as many other international companies have done since Russia’s invasion of Ukraine. However, many Finns […]
Finnish Fazer: Leaving Russia, but the process is "complex"
The Finnish food company Fazer has reiterated its intention to exit the Russian market, denying incorrect information in the local media that the company would continue to operate in the country. Referring to the Russian invasion of Ukraine, Fazer announced on March 6 that it would cease all operations in Russia. Last weekend, Fazer announced […]
Consumer confidence is plummeting to a record low
Consumer confidence plummeted to its third lowest level since the start of accounting in March, according to a report released by Statistics Finland on Monday. The number-crushing agency began measuring consumer confidence in 1995 and did not report lower levels until April 2020 and the end of 2008. The agency found that its consumer confidence […]
Support for UPM’s strikers is expanding with strike pay
The dispute between the paper mills and UPM seems to be more entrenched than ever after the Federation of Finnish Industries has begun to fund the strike salaries of the members of the Paper Association. The subsidy is estimated to cost the larger union € 2.2 million, but industry leaders said they “would not leave […]
The fertilizer company is looking for alternative raw materials as Russian springs dry up
Production at Yara International’s fertilizer plant in Kokkola, western Finland, has been limited due to difficulties in obtaining the necessary raw materials from Russia. One of the main components of fertilizers used in the forestry and agricultural industries is potassium chloride, and it is becoming increasingly difficult to obtain it, as it is mainly sourced […]
Agreement to reduce the consumption of disposable plastic cups and food packaging
The EU Directive on the reduction of the environmental impact of certain plastic products requires Member States to take measures to reduce the consumption of disposable plastic products in an ambitious and sustainable manner by 2026 compared to 2022. decide on their national measures and monitor their progress. The aim of the directive is to […]
The amendments to the legislation are aimed at combating the exploitation of foreign workers in Finland
New change The goal of the Finnish migrant workforce, which originally came into law last October, is to prevent the exploitation of foreign workers by making it easier to detect suspected cases and report them to the authorities. According to the previous law, if a migrant worker’s employment was terminated even as a result of […]
Finland is preparing to tighten telemarketing laws
The Finnish government has submitted a bill to Parliament aimed at tightening the national telemarketing law. The proposal includes a provision requiring companies to provide their offers to customers in writing, which would effectively end the right of telemarketers to "Closed" offers by phone. This written confirmation could be filled in, for example, by e-mail, […]
Finland buys Israeli air defense weapons
Finland is working to strengthen its air defense capabilities and is currently choosing between two Israeli ground-based missile systems. Israel Aerospace Industries and Rafael Advanced Systems are two ongoing manufacturers. The government has not disclosed the price tag for the deal. The Minister of Defense will perform on Yle’s Ykkösaamu program on Saturday Antti Kaikkonen […]
Nokian Tires reveals the members of the large jury of the innovation challenge of sustainable development
Anke Blume (Prof. Dr.) is the Director of Elastomer Technology and Engineering at Universiteit Twente, the Netherlands. Thiemo Fleck is the managing director of auto motor und sport professional, a well-known German car magazine with extensive international distribution. Inka Mero is the CEO and founder of the deep technology private equity fund Voima Ventures I […]
Ministries are looking for partners in a low-carbon circular economy agreement
The Ministry of the Environment and the Ministry of Employment and the Economy presented the process of preparing the agreement today, 18 February. Work is scheduled to begin in March and the agreement should be ready for signing in the summer of 2023. Ministries will invite representatives from various industries, companies, regions and municipalities to […]
This is how you can find the best mobile subscription for your company
Nowadays, there is a mobile subscription to choose from for your business. This means that you have many options, but also that it can be more difficult to choose. Despite this, it is incredibly important that you as a company spend time finding the best subscription for you, so that you have enough data to […]
This is how you can find the best mobile subscription for your company
Nowadays, there is a mobile subscription to choose from for your business. This means that you have many options, but also that it can be more difficult to choose. Despite this, it is incredibly important that you as a company spend time finding the best subscription for you, so that you have enough data to […]
The maintenance of nuclear power plants in Finland benefited from joint development
The National Institute of Occupational Health investigated whether modeling work processes is an effective way to develop maintenance work at nuclear power plants. The research project modeled three processes: responding to disruptions, planning change work, and developing reporting processes. The results were positive. Modeling work processes improved staff’s common understanding of daily work routines and […]
Finnair’s strike could undermine ski holiday travel plans
The transport trade union AKT has issued a strike warning to a group of service sector employers in Palta about the members of Finnair’s cabin crew. The union is threatened with a strike from February 22 to March 8, when most schools have a winter break, or ski holiday. Traditionally, many families from populated southern […]
More summer vouchers for young people in Helsinki this year
In 2022, all 9th graders living in Helsinki or studying in the 10th and Valma grades, as well as 1st year high school students living in Helsinki, will receive a € 325 summer work voucher to help them find a summer job. The Helsinki summer work voucher can now be applied for electronically for the […]
Report: Finland needs work-based immigration in every sector
According to a study commissioned by the Trade Union Confederation of Akava, an increase in labor migration would have a positive effect on the economy. The report provides alternative estimates of how different types and levels of immigration would affect a country’s GDP. "The message of this report is that labor migration is needed for […]
Consumer confidence in the economy increased in January
Consumers’ confidence in the economy improved in January compared to December 2021, according to Statistics Finland. However, confidence weakened a year ago. The consumer confidence indicator’s January result of -1.7 is in line with the long-term average. The CCI was -3.5 in December and 1.2 in November. In January last year, the confidence indicator was […]
Denmark has entered into a major wind energy agreement in the USA
Seems to be a hub Virginia has bold ambitions when it comes to offshore wind- Its 2.6 gigawatt project The Coastal Virginia Offshore Wind Project is due to be completed by 2026. With some of the largest port facilities on the east coast of the United States, the state seeks to become a hub for […]
Helsinki Shipyard is building an icebreaker for a Russian mining company
Helsinki shipyard and Russian mining company Norilsk Nickel are joining forces to build a new icebreaker in northern Siberia, the companies said on Tuesday. It was reported at the Helsinki shipyard that the new vessel will be powered by liquefied natural gas (LNG) and low-sulfur diesel. Construction is scheduled to begin later this year and […]
The government compensates companies for losses caused by limiting the coronavirus
The Finnish government has agreed to compensate companies that have suffered financial losses for restrictions related to the coronavirus through an additional budget, the Minister of Economic Affairs announced Mika Lintilä (Cen) on Friday. "Compensation for closure would apply to facilities that have been closed in accordance with official regulations or laws, such as sports […]
Xinhua World News Summary at 1530 GMT, January 14
SEOUL – The Democratic People’s Republic of Korea (DPRK) fired two short-range projectiles into eastern waters, the third launch in less than two weeks, South Korea’s Joint Chief of Staff (JCS) said on Friday. The JCS said in a statement that the South Korean military discovered two projectiles, believed to be short-range ballistic missiles, which […]
The government does not have the courage to intervene in the hesitation of vaccines, Lapland says
Timo LappiMara’s CEO reminded YLE that the stakeholder demanded the same change before Christmas. “The omicron variant is spreading rapidly, but unvaccinated people are a burden to hospital and intensive care. This would be a way to prevent unvaccinated people from getting sick at events and restaurants, and on the other hand, a way to […]
Finland’s largest university of applied sciences offers tools for influencing lifelong learners
Because we are closely connected to the working life of the Helsinki metropolitan area, there are a wide range of innovation projects and internship and employment opportunities around our students. At Metropolia, we encourage multidisciplinary thinking and continuous learning – which is why we support unique learning pathways. One student who found his unique path […]
The Confederation of Finnish Industry and technology industry employers will find a common tone in the cost-benefit analysis
The social partners did not want to comment on the details of the agreement, as it has yet to approve their decision-making bodies. The Confederation of Industry warned last week, in an attempt to break the deadlock in the negotiations, that some 40,000 of its members were ready to begin a two-week strike at 300 […]
Chief physicians are looking at shorter Covid quarantine times
The quarantine period for those diagnosed with Covid-19 can be shortened in Finland, Chief Physician Hanna Nohy The Department of Health and Welfare (THL) reported on the Communicable Diseases Prevention and Vaccination Unit on Tuesday. According to current guidelines, anyone who gives a positive coronavirus test must stay home for 10 days after the onset […]
IKEA raises prices by almost 10%
Ongoing problems in the supply chain continue to disrupt the dealer’s operations The iconic Swedish furniture brand IKEA has announced plans to increase the prices of its historically budget-friendly goods by 9% as soon as next year, due to bottlenecks in the supply chain and rising material costs when the pandemic continues. The Swedish furniture […]
The Confederation of Finnish Industry issues a strike warning to Keitele Group
The three-week strike is scheduled to begin on January 13th. “We have repeatedly asked the company’s management not to violate the terms, conditions and rights of employees, but to negotiate them fairly with the employee representative,” stated Riku Aalto, Chairman of the Confederation of Finnish Industry. “These requests have fallen on deaf ears.” Read more: […]
The restaurant giant talks about mass cuts due to Finland’s restrictions
“The negotiations concern the Group’s entire personnel in Finland, ie approximately 1,250 people. The effects of restaurant restrictions are also indirectly reflected in the Group’s approximately 2,000 temporary employees. stated on wednesday. The Finnish government announced earlier this week that it will impose stricter restrictions on the restaurant industry and restrict the use of the […]
The Ministry of Education is increasing the number of university places
Minister of Science and Culture Antti Kurvinen (Cen) has stated that the Ministry of Education and Culture will introduce 2,300 more university study places next year. Most of the new study places – less than 1,500 – are allocated to Finnish universities, while polytechnics offer more than 800 additional places for students. According to the […]
McKinsey acquires the Swedish sustainability consulting company Material Economics
Join the Europe platform In its third sustainability-focused deal this year, McKinsey & Company has acquired Material Economics, a Swedish consulting company dedicated to sustainability and climate change. For the founder of Material Economics, Per-Anders Enkvist, and partners Per Klevnäs and Robert Westerdahl, the merger with McKinsey & Company is a homecoming. The trio are […]
The Digitization Coordination Group is leading co-operation with stakeholders to create a digital compass for Finland
At its first meeting on 27 October 2021, the Ministerial Working Group on the Development of Digitalisation, the Information Economy and Public Administration decided to create a digital compass in Finland during the spring of 2022. “The European Commission has proposed targets that will serve as a basis for our compass, but we will raise […]
According to EK, business confidence will rise, but consumers will be more cautious in November
The level of business confidence in Finland continued to rise in November, according to the Confederation of Finnish Industries EK. Employer lobbies found that confidence grew in industry, construction, retail and trade. However, the confidence indicator for service companies weakened slightly compared to October, but remained above the long-term average, according to the Confederation. "Yes, […]
The event industry requires a mandatory Covid Passport at all venues
As coronavirus infections rise, organizers of cultural events are once again worried about survival. By Maria Sahlstedt, Director of Communications at the Federation of Event Industries, the requirement for a Covid Passport (officially the EU Digital Covid Certificate) at all public events is strongly supported. "Especially now that the pandemic situation is getting worse and […]
Business incubator: Forest industry, car batteries pull Finland out of Covid recession
The forest industry, car batteries and other electrical and electronics industries are pulling Finland out of the coronavirus crisis, estimates Etla Taloustutkimus (formerly the Finnish Business Research Institute). However, there are still question marks in the service and event sectors, the business incubator said on Wednesday. According to Etla’s industry review, many industries are now […]
The Minister of Labor is calling for a change in attitudes towards hiring foreign, older workers
According to the Minister of Labor, Finnish employers must change their attitudes when recruiting new staff. Tuula Haatainen (SDP). According to many employers, the Minister’s speech was related to the wider discussion about labor shortages in Finland. Haatainen said that employers need to look in the mirror in order to tackle the problem. "Changes need […]
The National Cyber Security Center will be appointed the Finnish National Coordination Center in the EU Cyber Security Network
The new role would improve the Cyber Security Centre’s ability to support Finnish cyber security-based companies and industries. Cooperation with an EU-wide network would strengthen the role of the Cyber Security Center and support the development of the Finnish cyber security industry. The designation is based on the Regulation of the European Parliament and of […]
Working Group: Employees should have the right to know the salaries of colleagues if they suspect discrimination
A working group to close the gender pay gap in Finland has proposed changes to the law so that employees who suspect discrimination can find out how much their colleagues receive. They should keep the information confidential upon receipt. Employee representatives would also have access to pay data as proposed, which would require employers to […]
20 to 25% of nursing graduates leave the profession within five years of graduation
The Landspítali employs nearly 1,600 nurses in 1,340 full-time positions, but the hospital needs an additional 200 staff to make things comfortable in the facility. A detailed report appeared in today’s edition of the daily Morgunblaðið. It is worth noting that the Icelandic Nurses Association (FÍH) has 3,600 active members, although those who work in […]
Consumer and business confidence weakened in October
According to preliminary data published by Statistics Finland on Wednesday, consumer confidence in the Finnish economy has declined during October. Despite the drop, the agency found that level "remained strong" 2.7, 6.0 in September and 4.0 in August. The long-term average of the Consumer Confidence Indicator (CCI) is therefore now -1.7 based on interviews with […]