Piles of gravel, drainpipes and diggers are immediately visible when you take a peek through the net fence separating Kaisaniemi Park from the University Botanic Garden. A smell of urine wafts through the air from behind the tennis court changing rooms next to the fence.
- Category: Business
- Created on 13 September 2014
Danfoss has made an offer of roughly one billion euros – or, 34 euros per share – to take over Vacon, a Finnish manufacturer of variable-frequency AC drives. Made public on Friday, the offer includes a premium of 13 per cent over the closing share price on Thursday.
A variable-frequency drive is a device that controls the speed of a motor and is used in milk pumps and ski lifts, for example.
The housing costs of students vary substantially across Finland.
The housing supplement for students disbursed by the Social Insurance Institution of Finland (Kela) is not nearly enough to cover the housing costs of students – especially in the capital region – as nearly two-thirds of students are forced to search for a flat from the red-hot private rental market.
The controversy surrounding the project to construct a massive car business centre in Hämeenlinna, Sunny Car Center, has resulted in a criminal investigation.
The investigation is related to allegations that local Finns Party policy-makers have leaked classified information about the construction project to a news outlet in Zambia. “It does meet the threshold for a pre-trial investigation,” confirms detective chief inspector Jari Uotila, the officer in charge of the investigation at the Hämeenlinna Police Department.
The recent proposal by the Ministry of Justice for increasing the responsibility of the customer paying for sex has been met with mixed reactions. Authorities in general back the proposal and many organisations are even prepared to criminalise paying for sex outright, while several non-governmental organisations are against more stringent anti-prostitution laws.
Jyrki Katainen will be able to wield the powers of President Jean-Claude Juncker as one of seven Vice-Presidents of the European Commission, highlights Juho Romakkaniemi, Katainen's newly-appointed chief of staff.
Romakkaniemi in an interview with Helsingin Sanomat on Thursday expressed his annoyance with the claims of certain news outlets that Katainen and his fellow Vice-Presidents are to wield little real power.
- Category: Business
- Created on 12 September 2014
Information technology is infiltrating virtually every aspect of human life and is being used by men and women of all ages, both at work and in their free time.
Yet, the people who develop software are predominantly 25–35-year-old men.
A truce was not in place in Ukraine for more than a week before the European Union decided to turn the screw on Russia in a bid to encourage the country to pursue a lasting peace.
Today, the European Union will expand its financial restrictions to five Russian state-owned banks and the energy giants Rosneft, Transneft and Gazprom as well as limit the access of three major defence companies to European financial markets. In addition, travel bans and asset freezes will be extended to 24 Russian policy-makers and oligarchs.
Members of the Parliament across party lines have expressed their concerns about Finnish citizens leaving to fight for the notorious jihadist group, the Islamic State of Iraq and Syria (ISIS), in the Middle East.
Pertti Salolainen (NCP) asked on Thursday what the Government intends to do to put an end to the recruitment activities.
Finland remains incapable of intervening in human trafficking related to sexual exploitation, states Eva Biaudet, the Ombudsman for Minorities. “If any other minority group was in such a weak position, it would surely receive more attention,” she views.
A report published on Wednesday alleges that in Finland several cases with characteristics of human trafficking have been prosecuted as pandering. As a result, the victims of sex trade are treated as witnesses and denied the right to a legal counsel, a support person and damages. In addition, they have not been admitted to the system of assistance for victims of human trafficking.
The Members of the Permanent Representatives Committee of the European Union (COREPER) failed on Wednesday to agree on the implementation of new sanctions against Russia, news agencies report.
While Germany has vocally called for further sanctions, “several other countries” would prefer not to impose them out of fear that they could jeopardise the ongoing truce.
- Breathe easy: Finnish innovations are improving air quality
- Katainen named Vice-President in charge of jobs, growth, investment and competitiveness
- Standard & Poor's weighs up Finland's debt burden
- New faces take over nuclear power project
- Home appliance retailers place hopes in size
- Infractions committed by prisoners increase
- Liikanen urges decision-makers to carry out structural reforms
- Strike would shut down Helsinki metro and tram services
- Katainen’s new EU post confirmed soon
- Pekka Ottavainen from Fennovoima’s holding company dismissed