News about Industry

Business

BUSINESS

Bankruptcies decrease by 15% despite the coronavirus crisis

Foreigner.fi 11/18/20

The number of employees in companies that filed for bankruptcy is 6.2% lower than in the previous year.

Business

AVIATION INDUSTRY CRISIS

Helsinki airport agony threatens to collapse regional airfields

Cesar Calvar 11/17/20

“When international traffic at Helsinki Airport is at a standstill, traffic at the regional airports is also dramatically reduced," says Kimmo Mäki , CEO of Finavia. Last month, the number…

Business

BUSINESS

Finnish industrial output contracted again

Foreigner.fi 11/10/20

Output in both the forest industry and in electricity, gas, steam and air conditioning supply declined by 7.2% compared with the previous year.

Releases

Study reveals Finland has the world's best gamers

Foreigner.fi 11/9/20

Even sweeter is the fact that Sweden is third on the list, two places below Finland.

Releases

Which Industries Should Finnish Investors Choose to Invest In?

Foreigner.fi 10/30/20

If you are living in Finland, you might have some opportunities that other investors in different locations don’t.

Releases

What Are Some of the Biggest Industries in Finland Right Now?

Foreigner.fi 10/27/20

How exactly has Finland become one of the richest countries in the world? Let's look at some of the biggest industries that have contributed to its success.

Releases

What Is the Gaming Industry Like in Finland?

Foreigner.fi 10/27/20

Finland is one of the leading countries for mobile and free-to-play games.

Business

BUSINESS

Bankruptcies decreased 11.7% from January to September

Foreigner.fi 10/25/20

The total number of employees in companies filed for bankruptcy was 9,300, which is 73 people (0.8%) more than in the previous year.

Business

RECESSION

Finnish industry and services suffer a sharp drop in turnover

Foreigner.fi 10/19/20

Turnover declined most in the forest industry, by 20.4% from one year earlier.

Business

BUSINESS

Industrial output fell 2.4%

Foreigner.fi 10/12/20

The paper and paperboard industry recorded the biggest drop in new orders.

Tourism

TRAVEL

Airline industry wants Covid-19 tests for all international passengers

Foreigner.fi/dpa 9/22/20

Global passenger numbers in July were only 8% of what they were one year ago.

Business

BUSINESS

Forest industry turnover fell by 19%

Foreigner.fi 9/16/20

Export turnover adjusted for working days fell in June most in the chemical industry, by 25.6% from one year ago.

Business

IN ALL MAIN INDUSTRIES

New manufacturing orders plummeted almost 30%

Foreigner.fi 9/10/20

Enterprises in all examined sectors received fewer orders, but the biggest fall (31.7%) was in the industry of the manufacture of paper and paper board products.

Business

RECESSION

Coronavirus pandemic prolongs Finnish industry crisis

Foreigner.fi 9/10/20

Production went down by 11.2% in the electrical and electronics industry, by 8.4% in the forest industry and by 8.1% in the metal industry from the year before.

Business

CLOSURES AND JOB CUTS

Death blow to Finland's pulp and paper industry

Foreigner.fi 8/26/20

UPM announces the closure of a paper mill in Jämsä, job cuts in pulp plants and in the Finnish forest organization. In total, about 670 jobs will be destroyed. The company blames high…