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: 00:14 am,Wednesday 30 September 2020
Alcohol producer Altia to merges with Norway's Arcus
Finnish alcoholic beverage producer Altia Corporation and Norwegian Arcus ASA announced on Tuesday their plans for a restructuring arrangement aimed at merging the companies into one. The Ministerial Committee on Economic Policy has discussed the matter and is in favour of the draft terms of the merger, said a
Published: 20:32 pm,Monday 28 September 2020
Consumer confidence in economy weakens
Consumer confidence about Finland's economic situation dipped in September, although they still viewed their own financial situation as excellent, reported Xinhua, quoting Statistics Finland. According to the agency, the Finnish Consumer Confidence Indicator (CCI) stood at -5.9 in September, down from -5.1 in August and -1.6 in July, or
Published: 01:02 am,Monday 28 September 2020
Govt debt grows by €8.6b in Q2
The general government EDP debt, i.e., consolidated gross debt at nominal prices amounted to EUR 163.4 billion at the end of the second quarter of 2020, posting a growth of EUR 8.6 billion during the quarter, according to the Statistics Finland. Relative to GDP, general government debt stood at
Published: 01:43 am,Saturday 26 September 2020
Households’ net financial assets increase in Q2
Households’ financial assets grew by EUR 17.0 billion during the second quarter of 2020 amounting to EUR 334.7 billion, according to Statistics Finland. In turn, households’ debts increased by EUR 2.6 billion during the second quarter of 2020 rising to EUR 186.5 billion. As a result of these changes, households'
Published: 20:16 pm,Friday 25 September 2020
Tax revenues drop for 1st time since 2008 financial crisis
Hit hard by the COVID-19 pandemic, Finland's tax revenues have decreased for the first time since the 2008 financial crisis, reported Xinhua, quoting Finnish Tax Administration on Friday. According to the Tax Administration, by the end of August this year, Finland's state tax revenue was 1.9 billion euros lower
Published: 02:32 am,Friday 25 September 2020
Keel laying ceremony of cruise ship SH Minerva held
The keel laying ceremony for the first of Swan Hellenic’s two new ice-class expedition cruise ships took place in Helsinki on Thursday. This saw the first 347-ton block of the ship - newly arrived from Klaipeda, where it had been outfitted and painted - being set on the keel
Published: 03:12 am,Thursday 24 September 2020
Neste, Shell sign deal to increase aviation fuel supply
The state-run petroleum company Neste and another petroleum company Shell Aviation have entered into a sustainable aviation fuel (SAF) supply agreement in a move which anticipates increasing desire from airlines to reduce emissions, said a Neste press release on Wednesday. This agreement significantly increases the supply and availability of
Published: 23:46 pm,Wednesday 23 September 2020
Nurminen to transport temperature-controlled foods to China
Finnish transport company Nurminen Logistics announced on Wednesday that it will start to transport temperature-controlled foods by freight train from northern Europe to China, reported Xinhua. Nurminen Logistics claimed in a press release issued on Wednesday that it is the first in Europe to do such a business,
Published: 01:29 am,Wednesday 23 September 2020
Employment down, unemployment rises in August
A total of 329,700 unemployed jobseekers were registered with the employment and economic development offices at the end of August, showing a year-on-year increase of 97,100, according to the Ministry of Economic Affairs and Employment. The number of unemployed jobseekers, however, decreased by 57,700 from that in the previous
Published: 01:21 am,Wednesday 23 September 2020
Grey economy, economic crime in for lean days
The government has approved extensive measures to tackle the grey economy and economic crime, said a government press release on Tuesday. Undeclared work is a growing phenomenon in Finland, as evidenced by increasingly frequent contacts with occupational safety and health authorities and the observations made by the authorities during
