Tag: Sales
Price Matters: Observations on Finnish consumer behavior and purchasing trends
The K group has found that consumers are moving towards cheaper alternatives and are interested in the store’s own brands. However, sales of vegetables and fruits have decreased, and about a fifth of customers eat unhealthily due to the increase in the price of healthier options. To encourage healthier choices, the K group has set […]
Close to a fifth suffer from long-term effects of COVID in Denmark
Hand sanitizer sales drop pre-pandemic levelsNevertheless, life is more or less normalized for the rest of the population, who are rarely reminded of the pandemic within the Danish borders. The masks and elbow greetings have disappeared, handshakes and hugs are back, and hand sanitizer is no longer sold in the shops. According to both Coop […]
Return of Chinese tourists to Iceland
As reported by RÚV, starting March 15, the Chinese government decided to allow the sale of cross-border group tours to an additional 40 countries, including Iceland. The move is part of the easing of restrictions in China following the introduction of a travel ban caused by the pandemic. Sales of flights to and from China […]
Hypo: A new incentive trap makes it difficult to sell housing in Finland
“Swapping your home usually means swapping the collateral, and you can’t bring the fixed interest rate you previously negotiated to another bank. By postponing the decision to move, you can save hundreds per month,” the review reads. The trap already touches a million people, because the sharp rise in reference interest rates has made the […]
Sales of electric cars are increasing strongly in Denmark
Electric cars sell fast in Denmark. In February, 3,148 new ones were bought by the Danes, according to De Danske Bilimportører. The increase is quite impressive, as there were 83.3 percent more sales than February 2022. “The new figures are a clear sign that the Danes are moving quickly when it comes to converting to […]
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 researcher defends lowering the alcohol tax
The growth of alcohol sales has begun to level off. The alcohol tax cut last year boosted sales. Now a researcher says the government has achieved what it set out to do when it cut liquor tax
Car sales collapse, electric car sales up 43%
At the end of the year, plug-in cars (including hybrids) accounted for almost half of all cars sold in Finland.
US dollar firms after strong retail sales
NEW YORK, Feb. 15 (Xinhua) — The U.S. dollar strengthened in late trade Wednesday after data showed U.S. retail sales rose in January. The dollar index, which measures the greenback against six major peers, rose 0.65 percent to 103.9080 in late trade. In late New York trading, the euro was down to US$1.0683 from US$1.0738 […]
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 […]
Beer sales in Finland continue to decline
Finns drink about 50 million liters less beer than ten years ago.
Russia remains a lucrative market for Carlsberg despite the exit promise
No sales until mid-2023According to Carlsberg, it will not officially be out of Russia until mid-2023, according to the company’s expectations. This is despite the fact that the Danish brewing giant said back in March 2022 that it would be out within a year. “We will take the necessary time to complete the separation and […]
Finnair will stop selling flights on all flights at the end of February
“Vehicle and advance purchases have become a less important service among our customers” explained Valtteri halfDirector of Finnair’s product offering. Halve reminded that the airline announced its decision to end in-flight sales on its intra-EU flights almost three years ago. The purpose of the decision was to reduce the total weight of the aircraft and […]
Finnair is ending all in-flight retail sales
In 2020, the airline announced plans to end retail sales on intra-EU flights due to aircraft weight reduction targets.
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 […]
Finnish housing prices fell by 2.5% in December, sales fell by 38%
Although the decline was especially strong for smaller apartments, the phenomenon did not only concern them. The decrease is due to rapidly rising energy prices, reference interest rates and the cost of living in general. Finland’s most popular mortgage reference rate, Euribor 12, has risen to 3.3 percent, after last year started almost half a […]
Jack Ma – the billionaire who flew too close to the sun
On November 11, 2020, the Chinese e-commerce giant strikes Alibaba’s annual shopping holiday Singles Day a dizzying sales record. Company founder Jack Ma has become synonymous with success in China. He is a world celebrity who thrives in the limelight, accustomed to shaking hands with presidents and swarming with Hollywood stars. But when Alibaba’s customers […]
KONE is renewing its operating model
The company’s geographical areas have greater responsibility for their commercial strategy. This gives them even more flexibility to respond to local customer needs and market conditions, and gives them better opportunities to take advantage of growth opportunities. The task of global operations is to ensure the common direction and strategic development of KONE’s business operations. […]
More weapons for Ukraine, genetic engineering that revives extinct species and unclear information about farm sales of alcohol
Hour 1: Are offensive weapons to Ukraine the new way forward in the war? About how the tradition of peace-promoting work in Sweden takes place in a new reality of military and civilian rearmament The satire surrounding President Erodgan and freedom of expression Chronicle by Göran Rosenberg The panel: Fredrik Haage, Jonna Sima, Göran Greider […]
Trkiye questions Sweden’s NATO commitments
Ankara accused Stockholm of allowing a ?direct hate crime? in violation of an agreement to join NATO Türkiye has accused Sweden of failing to meet its obligations to crack down on “terrorist groups” and root out their “propaganda” under a deal it had signed to earn Ankara’s blessing to join NATO. The latest diplomatic spat […]
Trkiye questions Sweden’s NATO commitments
Ankara accused Stockholm of allowing a “direct hate crime” in violation of an agreement to join NATO Trkiye has accused Sweden of not fulfilling its obligations to crack down on “terrorist” groups and exterminate theirs “propaganda” under a deal it had signed to earn Ankara’s blessing to join NATO. The latest diplomatic spat comes after […]
Whole milk and butter have never sold better
Sales of Icelandic cheeses increased significantly last year compared to previous years. Flavored milk drinks also sold well, including protein drinks and chocolate milk, or kókójólk. Despite various changes in the consumption of dairy products, fresh whole milk in blue cartons (nýmjólk) is by far the best-selling dairy drink, and Icelandic butter has never […] […]
US dollar edges higher amid economic statistics
NEW YORK, Jan. 18 (Xinhua) — The U.S. dollar rose modestly in late trade on Wednesday as market participants digested a flurry of economic data. The dollar index, which measures the greenback against six major peers, added 0.004 percent to 102.3810. In late New York trading, the euro was up at US$1.0795 from US$1.0794 in […]
Hypo: Home sales in Finland will decrease by 10% in the first half of 2022
As inflation and incomes rise above house prices, real house prices fall sharply, according to Hypo. Although the prices of studios may even fall, the recent rise in the construction of small dwellings is also reflected in the prices of such houses in the largest cities and agglomerations. In contrast, the prices of larger dwellings […]
MOT: Forced Russians lose Janakkala Holiday Home, Jyväskylä Rally Cars
Yle’s MOT investigation team has found out that the Supervisory Authority has confiscated property from Finland related to two Kremlin support from Russia. Pavel Gusev is the editor and openly supported by Moskovsky Komsomolets, Russia’s largest tabloid magazine Vladimir Putin bid for the 2018 election. Grigori Berezkin is an investor held close to Vladimir Putin. […]
Kesko published a Q1 record result
Kesko in Finland has recorded a record result for the first quarter in the result published on Friday. The company made a profit of approximately EUR 144 million in the first three months of this year, compared to EUR 116 million in 2021. Net sales were EUR 2.7 billion, which is clearly more than last […]
Things to do if you are selling your car
Every now and then, people are looking for a change in their lives. For some people, this change is to sell their old car and buy a new one. There are many reasons why you might want to sell your old car, and we will not discuss them today. We’re sure you have a pretty […]
New Husqvarna Svartpilen 401 Spied – Debut probably no later than 2022 end
The strange case of Husqvarna is inexplicable to say the least. While both offers under the Swedish brand Svartpilen 250 and Vitpilen 250 are quite sympathetic with a unique design and more than decent performance. Unfortunately, this has not translated into a significant sales volume. This can mainly be attributed to the time of the […]
Right now: 12 people are convicted of aggravated money laundering
The 12 people who are suspected of laundering money through an exchange office on Södermalm in Stockholm are convicted of, among other things, money laundering and drug offenses at Stockholm District Court. 11 sentenced to prison. In total, the police have found links to 16 different criminal networks or individuals, and according to Magnus Sohlén, […]
Finnish fast food giant Hesburger reports on sales levels prior to Covid
The sales of the fast food chain Hesburger grew rapidly during 2021 compared to the previous year, the company announced on Tuesday. The company’s sales in Finland last year were approximately EUR 234 million, while the combined domestic and foreign sales were EUR 360 million. Domestic sales increased eight percent from the previous year, bringing […]
Part 3/3 Algots – The Struggle for Survival
In the factory, the conveyor belt rolls on as usual. Once an hour it is stopped and then the young women can go to the toilet or take a break. But sales are not going as well as before. In countries where wages are lower than in Sweden, clothes are pumped out and competition in […]
