Business | Daily Finland, English News from Finland

Saturday December 02, 2023

Turnover in construction drops by 6.6% in Oct

The working day adjusted turnover of construction enterprises decreased by 6.6 per cent in October 2023 compared to the turnover of October 2022, according to Statistics Finland. Seasonally adjusted turnover in construction decreased in October from September. Seasonally adjusted turnover in construction decreased by 1.2 per cent in October 2023

Published: 03:20 am,Friday 1 December 2023

Draw-downs of housing loans drop by €140m in October

Finnish households’ drawdowns of new housing loans amounted to EUR 1.1 billion in October 2023, a decline of EUR 140 million from October a year earlier, said the Bank of Finland on Thursday. Of the total, investment property loans accounted for EUR 100 million. The average interest rate on new

Published: 23:58 pm,Wednesday 29 November 2023

Trade balance posts €354m surplus in Sep

The trade balance showed a surplus of EUR 354 million in September, according to the international trade in goods statistics published by Finnish Customs on Wednesday. In January-September 2023, the trade balance had accumulated a deficit of 1.2 billion euros, which was 8.2 billion euros less than a year

Published: 21:26 pm,Wednesday 29 November 2023

Health, social services sector sees labour shortage most

The health and social services sector is facing the greatest shortage of labour, where skilled workers are needed for the care of older people, in particular, according to the Labour Force Barometer for autumn 2023 published by the Ministry of Economic Affairs and Employment on Wednesday. This autumn, the

Published: 01:31 am,Wednesday 29 November 2023

Posti delivers 1.4m parcels during Black Friday week

National postal and logistic services operator Posti delivered about 1.4 million parcels during the Black Friday week, said Posti in a press release on Tuesday. Black Friday fell on November 24, but many stores already started their sales campaigns on the previous week. ”The Christmas season is a busy time

Published: 23:49 pm,Monday 27 November 2023

Business confidence remains weak in Nov

There was a slight increase in confidence in services in November 2023 but retail trade saw the biggest dip while confidence in manufacturing remained unchanged, according to the Business Confidence Indicators of November published by the Confederation of Finnish Industries (EK) on Monday. In manufacturing, the balance reading measuring

Published: 00:16 am,Sunday 26 November 2023

Drought, autumn rains reduce cereal, potato harvests

The yields of several crops harvested from Finnish fields reduced significantly this year, according to the preliminary statistics published by the Natural Resources Institute Finland (Luke). The barley harvest was almost a third, the potato harvest a sixth, the wheat harvest a tenth and the broad bean and caraway

Published: 22:40 pm,Saturday 25 November 2023

Atria applauds poultry exports to China

Finnish leading meat producer Atria has welcomed a Finno-Chinese agreement on the quarantine and veterinary requirements for poultry meat, which created opportunities for the export of Finnish poultry to China, reported Xinhua. In a recent interview, Senior Vice President Markku Hirvijärvi told Xinhua that this agreement is a tremendous

Published: 01:52 am,Saturday 25 November 2023

Electricity price falls to record low due to incorrect offer

The price of electricity fell to a record low level for consumers using exchange electricity on Friday due to the exceptional situation created following an incorrect offer to sell electricity. An electricity market participant caused the situation that threatened the stability of the Finnish electricity system, said Finnish national

Published: 02:20 am,Friday 24 November 2023

Country sees bleak economic outlooks in regions

The economic and employment situation in the regions has deteriorated and near-term expectations in many regions are more negative than before, according to a report on Regional Development Prospects for autumn 2023 published on Thursday. Development Prospects produced by the Centres for Economic Development, Transport and the Environment (ELY

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