Business | Daily Finland, English News from Finland

Tuesday June 02, 2026

Only 11% Finnish firms using AI strategically: survey

Around 11% of organisations are leveraging AI in line with a clear strategic focus on meeting customer needs, according to a recent survey. The survey "Unlocking AI value in Finnish organisations" commissioned by OP Pohjola and Accenture showed that Finnish companies are increasing their investments in artificial intelligence, but

Published: 01:15 am,Friday 29 May 2026

Finland posts €252m trade surplus in March

The trade balance showed a surplus of EUR 252 million in March 2026, according to the international trade in goods statistics released by Finnish Customs on Thursday. In January-March 2026, the trade balance had accumulated a deficit of EUR 904 million. The aggregated trade surplus decreased for industrial machinery

Published: 12:09 pm,Wednesday 27 May 2026

Unemployment rate rises further in Finland in April

The number of unemployed persons aged 15 to 74 in April 2026 was 336,000 (margin of error ±26,000), which was 48,000 more than one year earlier, according to Statistics Finland. Meanwhile, the number of employed persons was 2,559,000 (margin of error ±31,000), which was 31,000 fewer than the

Published: 11:10 am,Wednesday 27 May 2026

Consumer confidence improves slightly but remains very weak

The balance figure of the consumer confidence indicator (CCI) stood at minus 10.5 in May, having been minus 12.5 in April and minus 11.5 in March, according to Statistics Finland. One year ago in May, CCI received the value minus 8.4. The long-term average for the CCI is minus

Published: 17:40 pm,Monday 25 May 2026

Manufactured goods see 4.6% price rise in April

Producer prices for manufactured products rose by an average of 4.6 per cent from April 2025 to April 2026, according to Statistics Finland. The producer prices of manufactured products sold on the domestic market rose by 5.5 per cent, while the producer prices of export products went up by

Published: 22:48 pm,Thursday 21 May 2026

Valmet layoffs 2,400 in Finland, 350 staff affect in Sweden, Poland

Finnish engineering and manufacturing company Valmet decided to temporary layoffs about 2,400 employees in Finland from June to December 2026, said the company in a press release on Thursday. Valmet has concluded change negotiations initiated earlier in 2026 concerning its Global Supply unit’s manufacturing footprint adjustments in Sweden and Poland

Published: 20:32 pm,Wednesday 20 May 2026

VTT axes 175 employees

VTT Technical Research Centre decided to cut a total of 175 jobs as a part of its new operating model, said an official press release on Wednesday. The change negotiations, which began on 27 April 2026, have been concluded, said VTT, adding that it is renewing its organisation and

Published: 16:09 pm,Tuesday 19 May 2026

Govt forecasts rise of unemployment in Finland

The unemployment rate in Finland is estimated to remain high in the short term, according to the forecast released by the Ministry of Economic Affairs and Employment on Tuesday. The unemployment rate it would hover around 10.2 per cent in 2026, said the ministry in a press release referring

Published: 10:47 am,Monday 18 May 2026

Number of bankruptcies in Finland rises in April

A total of 357 bankruptcy proceedings were instigated in Finland in April 2026, which is 24 bankruptcies more than in the corresponding period one year before, according to Statistics Finland. The number of staff-years in enterprises that filed for bankruptcy totalled 1,093, which is 39 staff-years fewer than in

Published: 22:02 pm,Friday 15 May 2026

Building costs rise by 1.9% in April Y-on-Y

Building costs increased by 1.9 per cent in April 2026 compared to the previous year's corresponding period, according to Statistics Finland. Among materials, the biggest cost increases in the year were recorded in timber structures (5.5%) and in electricity, control, lighting and lift supplies (4.4%). Costs decreased most in

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