Site-seeing in Rovaniemi
A ride from city centre to Santa Claus Village and back for only €20. Call us at +358 4510 26112 Email: riderovaniemi@gmail.com
Published: 03:06 am,Saturday 31 October 2020
Finavia to cut up to 480 jobs
The state-run company Finavia, which operates country´s airports announced to cut up to 480 jobs following the financial difficulties created due to the coronavirus outbreak. The company also decided to re-organise its manpower and continue temporary lay-offs, said an official press release. The cooperation negotiations concern the entire staff of
Published: 00:04 am,Saturday 31 October 2020
Eurozone's Q3 GDP up 12.7 %
The 19-member eurozone's seasonally adjusted gross domestic product (GDP) increase by 12.7 percent and that of the whole European Union (EU) by 12.1 percent in the third quarter (Q3) of 2020, compared to the previous quarter, according to a preliminary flash estimate released by Eurostat, the EU's statistical
Published: 23:42 pm,Thursday 29 October 2020
Govt palaces 7th supplementary budget to Parliament
The government on Thursday submitted the seventh supplementary budget proposal for 2020 to the Parliament, said an official press release. The increase in appropriations in the seventh supplementary budget proposal amounts to about EUR 1.5 billion and the decrease in revenue is approximately EUR 341 million. The need for central
Published: 20:07 pm,Thursday 29 October 2020
Nokia profit increases to €486m in Q3
Finland-based telecommunications network equipment manufacturer Nokia improved its profits during the third quarter (Q3) of 2020, and pledged more investment in 5G research, said the company here on Thursday. According to a media release from Nokia, its operating profit during Q3 this year increased to 486 million euros from
Published: 11:08 am,Thursday 29 October 2020
Samsung Electronics' profit posts double-digit growth in Q3
Samsung Electronics, South Korea's tech giant, posted a double-digit growth in the third-quarter operating profit thanks to a recovery in global demand, the company said Thursday, reported Xinhua. Operating profit reached 12.35 trillion won (9.3 billion euros) in the July-September quarter, up 58.8 percent from a year earlier.
Published: 20:44 pm,Wednesday 28 October 2020
Hit hard by coronavirus, Finnair revenue dives by 89% in Q3
National flag carrier Finnair announced on Wednesday that both its revenue and passenger numbers plunged in the third quarter (Q3) this year, as the impact of the COVID-19 pandemic continued and related travel restrictions kept the company's passenger traffic at a standstill, reported Xinhua. Between July and September 2020,
Published: 20:09 pm,Wednesday 28 October 2020
Metso Outotec reports profit drop in Q3
The Finland-based minerals processing and metals refining company Metso Outotec reported on Wednesday declining profits in July-September this year, reported Xinhua. Sales of the company in the third quarter (Q3) of 2020 amounted to 985 million euros, while in the respective figure for the same period of 2019 was
Published: 01:13 am,Wednesday 28 October 2020
Business outlook slides further in autumn
Finnish companies estimated that the economic situation had remained challenging during the autumn, according to the Business Tendency Survey carried out by the Confederation of Finnish Industries (EK) in October. The gradual recovery of the economy has ended, and business outlooks have clearly deteriorated from that in the summer.
Published: 19:05 pm,Tuesday 27 October 2020
UPM reports major profit decline in Q3
The Finnish forest industry company UPM on Tuesday reported a major profit decline in the third quarter (Q3) of 2020, reported Xinhua. According to a company press release, UPM's profit declined by 37 percent in the July-September period to 215 million euros from 342 million euros last year. The
Published: 13:49 pm,Tuesday 27 October 2020
Consumer confidence continues to decline in October
The consumer confidence indicator (CCI) stood at minus 6.9 in October, having been minus 5.9 in September and minus 5.1 in August, according to Statistics Finland. In last year’s October the CCI received the value minus 6.6. The long-term average for the CCI is minus 1.8. The data are based
