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Monday July 20, 2026

OL2 nuke plant to continue reduced power generation until 2027

Electricity production at Olkiluoto 2 (OL2) nuclear power plant will continue at a reduced power level until the end of 2027, said the owner of the plant Teollisuuden Voima Oyj (TVO) in a press release on Thursday. Refurbished spare rotor for the plant unit arrived at Olkiluoto on Wednesday

Published: 23:23 pm,Thursday 16 July 2026

House rents go up in Finland in Q2

Rents of non-subsidised dwellings decreased by 0.3 per cent in Greater Helsinki and increased by 0.4 per cent the rest of Finland in a year in April to June 2026, according to Statistics Finland. The rents of non-subsidised rental dwellings rose most in Rovaniemi (2.0%), Vaasa (1.3%) and Joensuu

Published: 01:13 am,Thursday 16 July 2026

Building costs rise by 2.5% in June Y-on-Y

Building costs increased by 2.5 per cent in June 2026 compared to the stipulated period of the previous year, according to Statistics Finland. Among materials, the biggest cost increases in the year were recorded in heat, water and sewer supplies (7.0%) and in house equipment (4.5%). Costs decreased most

Published: 02:54 am,Wednesday 15 July 2026

Seinäjoki to host €7.5b AI data center campus

British data center operator Pure Data Centres Group (Pure DC) has launched the first phase of a planned artificial intelligence (AI) data center campus in the western Finnish city of Seinäjoki, with investment in the full project potentially exceeding 7.5 billion euros, the city announced on Tuesday, reported

Published: 02:35 am,Wednesday 15 July 2026

NestAI develops battlefield AI to boost Europe's tech freedom

Finnish defense technology company NestAI said on Tuesday that it would begin developing artificial intelligence (AI) models for battlefield applications, as Europe seeks greater control over critical defense technologies, reported Xinhua. Peter Sarlin, founder and chairman of NestAI, told Finnish language business daily Kauppalehti that the initiative was intended

Published: 01:14 am,Wednesday 15 July 2026

Number of bankruptcies rises in Finland in June

A total of 332 bankruptcy proceedings were instigated in Finland June 2026, which is 27 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 1,586, which is 94 staff-years more than in June

Published: 01:29 am,Saturday 11 July 2026

Turnover in industry grows by 10.4% in May

Working day adjusted turnover in industry increased by 10.4 per cent in May 2026 from May 2025, according to Statistics Finland. Turnover increased most in May in the chemical industry, by 19.7 per cent from the previous year while turnover in mining and quarrying was 13.8 per cent higher.

Published: 01:17 am,Friday 10 July 2026

Finland posts €910m trade deficit in May

The trade balance was in deficit of EUR 910 million in May 2026, according to the preliminary statistics of international trade in goods released by Finnish Customs on Thursday. In January-May, the aggregated deficit amounted to almost EUR 3.0 billion. In May 2025, the trade balance was EUR 5

Published: 20:04 pm,Wednesday 8 July 2026

More Finns file debt restructuring petitions in H1

A total of 3,218 debt restructuring petitions of private persons were filed with district courts in Finland from January to June 2026, according to Statistics Finland. The number of petitions filed was about 490 or 18.0 % higher than in the stipulated period in the previous year. Out of the

Published: 02:06 am,Wednesday 8 July 2026

Industrial output drops in May M-on-M but rises Y-on-Y

Seasonally adjusted industrial output decreased by 1.4 per cent in May from the month before, according to Statistics Finland. Industrial output adjusted for working days, however, went up by 0.6 per cent compared to May 2025. Industrial output grew in May only in electricity, gas, steam and air conditioning supply

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