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Latest Finland News

Elcoteq SE starts personnel negotiations in Estonia
European electronics manufacturer Elcoteq SE (OMX Helsinki:ELQAV) said on Friday (9 May) that it has decided to initiate procedures with its Tallinn-based personnel regarding compulsory holiday with partial pay and personnel reductions. Some 330 people

Number of Finland Tourists Visiting Bulgaria Drops
Friday Finland's Ambassador in Sofia Kauko Jmsn announced Thursday that the number of Finnish tourist visiting Bulgaria had dropped in the recent years. Photo by Kameliya Atanassova (Sofia Photo Agency) Finland's Ambassador to Sofia Kauko Jmsn announced

Finland's Wartsila Corporation wins order for turnkey power plant in Brazil
Finnish power plants and ship power solutions supplier Wartsila Corporation (OMX Helsinki:WRTAV) said on Friday (9 May) that it has received an order for a turnkey power plant, valued at EUR80m, to be delivered to Brazil. The customer is Maracanau

Elcoteq to start lay offs, partial pay, compulsory holidays for 330 in Estonia
HELSINKI (Thomson Financial) - Elcoteq said it will start personnel reduction, partial pay and compulsory holiday procedures with its Tallin-based staff in Estonia, with some 330 people seen affected, to increase the efficiency of its Tallin operations.

3-2 win puts Finland through as group winners: Latvia next opponent
Finland?s hockey team progressed from the Preliminary Round at the IIHF World Championships in Canada at the head of Group C, after winning an ultimately nervy victory over Slovakia on Wednesday. The match ended 3-2 (2-2, 1-0, 0-0), but for the greater

Large number of immigrants poses challenge for schools in Helsinki suburbs
The number of pupils of immigrant origin is increasing constantly in schools in the suburbs of Helsinki. Next autumn, as many as 50 out of 60 pupils starting the seventh grade at the Myllypuro comprehensive school will speak a language other than Finnish

Helsinki looking forward to record-breaking summer cruise season
cruise passengers are expected to visit Helsinki over the current cruise season. Some 60 cruise ships have already reserved a berth, while 14 of them will visit the Finnish capital for the first time. A total of 275 calls have been reserved so far.

Putin to visit Finland in May
Vladimir Putin, who stepped down from his post as President of Russia to make way for Dmitri Medvedev this week, might visit Finland in May as his country's Prime Minister. In Helsinki, the Prime Minister's Office confirmed to Helsingin Sanomat on

Neste Oil launches renewable diesel in Finland
Neste Oil launches renewable diesel in Finland Neste Oil, which is engaged in the refining and marketing of oil, has launched a renewable diesel, the Neste Green diesel, in Finland The company said that Neste Green diesel contains at least 10% renewable

Finland come out flying, Swiss shock Swedes at World Hockey clash
HALIFAX (AFP) - Thibault Monnet has scored the winner early in the third as Switzerland upset reigning Olympic gold medallist Sweden 4-2 in the preliminary round of the World Hockey Championships. Sweden, who wore their throwback jerseys from the 1957

Country Information

Ruled by Sweden from the 12th to the 19th centuries and by Russia from 1809, Finland finally won its independence in 1917. During World War II, it was able to successfully defend its freedom and fend off invasions by the Soviet Union and Germany. In the subsequent half century, the Finns have made a remarkable transformation from a farm/forest economy to a diversified modern industrial economy; per capita income is now on par with Western Europe. As a member of the European Union, Finland was the only Nordic state to join the euro system at its initiation in January 1999.

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