The University of Helsinki has announced its decision to impose tuition fees of 13,000–18,000 euros on its postgraduate degree students from outside the European Union and the European Economic Area (EEA).
The tuition fees will be adopted for a total of 34 master's degree programmes taught in a foreign language starting in autumn 2017.
Finland must not ignore public opinion in the event that it decides to re-consider its position on Nato, President Sauli Niinistö stated in an interview on YLE TV1 on Saturday.
All three candidates to become the next chairperson of the National Coalition Party – Elina Lepomäki, Petteri Orpo and Alexander Stubb – contrastively announced in a seminar in Seinäjoki on 24 May that they do not consider a referendum on the possible membership to be necessary, writes Helsingin Sanomat.
A bill that would oblige bakeries, grocery shops and municipal operators to donate food that, despite being edible, is no longer sold for human consumption to non-profit organisations for distribution to disadvantaged households is not without its opponents in the Finnish Parliament.
Susanna Koski (NCP) and Timo Heinonen (NCP), for example, expressed their concerns about the bill during a question time session on Thursday.
Finland has an opportunity to benefit substantially from the significant structural changes brought about by digitisation, despite what are likely to be considerable initial job losses, indicates a report published by the Boston Consulting Group (BCG).
The global management consulting firm estimates that for every job destroyed by digitisation, as many as two could be created in the country over the next five years.
The University of Helsinki has concluded its consultative negotiations and announced that it has laid off 371 employees, including 48 members of its research and teaching staff.
An additional 60 people will leave the research and teaching staff and an additional 170 the non-academic staff by the end of next year as a result of a variety of alternative arrangements as the university seeks to adapt to a sharp decline in state funding, according to a press release.
The Confederation of Unions for Professional and Managerial Staff in Finland (Akava) estimates that rather than the allegedly inflexible collective agreements taxation is the greatest obstacle to increasing the incentive effect of the remuneration system.
Akava points out in a press release that the lion's share of a raise goes into the pockets of the tax authorities instead of the employee who has earned the raise.
The Finnish Government has determined that the best way to mitigate the risks related to Talvivaara is to begin preparing for the controlled shut-down of the state-owned, cash-strapped nickel mine in Sotkamo, Olli Rehn (Centre), the Minister of Economic Affairs, revealed in a press conference on Wednesday.
The preparations will be made during the course of a transitional period that will end by year-end, according to a press release from the Finnish Government.
- Category: Business
- Created on 26 May 2016
Microsoft has announced that it will eliminate a maximum of 1,850 jobs worldwide, including 1,350 in Finland, as part of an effort to streamline its manufacturing and product development operations in the face of dwindling handset sales.
The software developer is set to pull the plug on its product development operations in Tampere and to only retain some product development teams in Espoo.
- Category: Business
- Created on 25 May 2016
After working over 20 fascinating years in venture capital, corporate venturing and informal venture capital, it is good to take a step back and figure out where we are, how we got here and where are we heading.
We are getting better, much better
During this decade, many great efforts have been made in Finland, especially in the capital region, to improve the ecosystem of startup entrepreneurship.
Universities have done a great job in creating more practical entrepreneurial and financial education while simultaneously developing their startup accelerators and getting their brightest students involved in remarkable organizations such as Slush and Aalto Entrepreneurship Society. These organizations play an important role as stepping stones for young entrepreneurs-to-be and new members of the entrepreneurial workforce for any organization. On an individual level, new-generation entrepreneurs have become more persistent: trial and error is normal and failure is an option, one accepted more generally than ever before.
Simultaneously, many other key characteristics have developed at lightning speed. A dramatic, positive transformation has taken place in communication and presentation skills, especially among growth entrepreneurs. A talented team can now receive growth funding from anywhere, with or without a local syndicate partner. Yes, it is still tough, but definitely possible for those with exceptional talent. As recently as during the last decade or so, it was very rare for an international investor to make a growth investment without a local partner, or to give smaller venture funding to a promising startup for the reasons described below.
- Category: Business
- Created on 25 May 2016
Making lay-offs is cheap and easy in Finland, Jorma Malinen, the chairman of Trade Union Pro, tweeted on Friday after Nokia announced the results of its latest round of consultative negotiations.
The network equipment manufacturer confirmed that it will trim its headcount in the country by 1,023 as part of a global, almost one-billion euro cost-cutting programme aimed at achieving the synergies arising from its recent takeover of Alcatel-Lucent.
Labour market organisations must improve attitude in competitiveness talks, says National Conciliator
The attitudes of labour market organisations have been appalling during the pivotal union-specific negotiations over measures to restore the competitiveness of Finland, says National Conciliator Minna Helle.
“There isn't much positive to say about the recent labour market climate. It is characterised by doubts, misgivings and withdrawal. Both sides have suspected repeatedly during the ongoing negotiations that the real objective of the other side is to thwart the agreement . The approach to the schedule of the [negotiations] has similarly been careless,” she stated in her speech at a seminar organised by the Confederation of Finnish Industries (EK) on Monday.
- Dozens of underage asylum seekers have disappeared in Finland
- Euro has failed to promote economic stability in Finland, states Lepomäki
- Angry Birds Movie enjoys successful opening weekend in China, US
- Bank of Finland concerned about household debt
- Finland and Sweden vital for security of Baltic Sea, says Nato chief
- Social media is a powerful tool in conflicts, warns Ahtisaari
- Ruling parties find agreement on alcohol law reform
- European Commission tables three recommendations for Finland
- Nokia's brand appeal a concern for analysts
- Ministry of Interior: Threat of terrorism has grown also in Finland