News about Industry

Business

BUSINESS

Finnish industry and services turnover closed 2020 with falls

Foreigner.fi 2/15/21

The coronavirus crisis has not only sunk Finland's tourism and air traffic sectors.

Business

CRISIS

Finnish industry output decreased by 3.1% in 2020

Foreigner.fi 2/10/21

Finnish industrial output fell again in December, both from the previous month and from one year back.

Business

FINNISH COMPANIES

Business bankruptcies decreased in 2020 despite the Covid-19 crisis

Foreigner.fi 1/27/21

There were also fewer workers affected.

Business

CRISIS

Turnover in construction and industry decreased

Foreigner.fi 1/18/21

The turnover in the chemical industry declined by 17.1% and in the forest industry by 6.1%.

Business

BUSINESS

Car sales fell 15.6% in Finland in 2020

Foreigner.fi 1/11/21

2,561 new electric and plug-in hybrid electric cars were registered in December, which was 166% up year-on-year.

Business

PRODUCTION

Forestry and food industries see sharp year-on-year output drop

Foreigner.fi 1/8/21

In the January to November period, industrial output adjusted for working days decreased by 3.1% from one year back.

Welding-industry-manufacturing-by-pixabay

Business

BUSINESS

Industry turnover falls for the tenth consecutive month

Foreigner.fi 12/16/20

Turnover in the chemical industry decreased by 12.7% and turnover in the forest industry by 8.4% from twelve months earlier.

Forest-forestry-machine-harvester-by-Pixabay

Business

BUSINESS

Finnish forestry industry output plummets, monthly and annually

Foreigner.fi 12/10/20

The total production of Finnish industry improved compared to the previous month, but is still far from the level of a year ago and with some industries unable to emerge from the crisis.

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.

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.

Kaipola paper mill in Jämsä. Image: Google Maps.

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.

14 September 2020, Belgium, Brussels: A doctor prepares to take a nasal test at the Coronavirus (Covid-19) test centre at Brussels Airport. Photo: Thierry Roge/dpa.

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…