- Category: Business
- Created on 29 August 2014
Microsoft has wrapped up the consultative negotiations it launched in Finland in July, announcing on Friday that it will shed a total of 1,050 positions and, in accordance with the initial plan, shut down its product development unit in Oulu.
The unit has provided employment to roughly 500 people.
Four lorries transporting lactose-free Valio products are being held at the border between Finland and Russia, after officials on the Russian side of the border claimed that the lactose-free products lack the requisite certificates.
Valio was on Thursday puzzled by the claims, pointing out that the products in question have been previously exported to Russia without such hurdles. “A new demand came out of nowhere,” said Pia Kontunen, the director of communications at the Finnish dairy company.
- Category: Business
- Created on 29 August 2014
The start-up CyberLightning has announced it has raised 3.2 million euros from a variety of private and public investors. It plans to use the funds to accelerate its growth and expand internationally.
Finland has announced its intention to sign a Host Nation Support memorandum of understanding with Nato to effectively allow troops from the defence alliance to train on Finnish soil and to provide assistance in the event of accident, crisis or conflict.
However, the memorandum does not allow Nato to deploy troops in Finland without a specific request, Carl Haglund (SFP), the Minister of Defence, emphasised on Wednesday.
The repeated airspace violations by Russian aircraft are unendurable, Carl Haglund (SFP), the Minister of Defence, said on Thursday, after yet another Russian aircraft had reportedly drifted into Finnish airspace over the Gulf of Finland.
“This is regrettable news because it is already the third incident in a week,” he told reporters outside the House of the Estates.
The significance of the activity and bilateral foreign policy of Finland will increase, although the country remains firmly committed to the decisions of the European Union, key foreign policy-makers summarised as the Annual Meeting of Finnish Heads of Mission continued in Helsinki on Wednesday.
President Sauli Niinistö estimated that Finland must act independently in foreign policy – also and particularly during the crisis in Ukraine.
Information obtained by Helsingin Sanomat indicates that the ruling parties have arrived at a consensus on the tax treatment of families with children.
The so-called child deduction, a measure devised to offset the controversial child benefit cuts, is to be extended to a greater number of Finnish families than originally proposed by the Minister of Finance, Antti Rinne (SDP).
Over 18,000 Finns have expressed their support for a citizens' initiative calling for a right to health care professionals to refuse to participate in performing abortions on grounds of personal or religious convictions.
The initiative will be presented to the Parliament for discussion if it accumulates a minimum of 50,000 statements of support. An earlier bill on abortion only received marginal support beyond the ranks of the Christian Democrats.
The crisis in Ukraine and the Nato-Russia relationship were unsurprisingly at the centre of attention as Finnish foreign policy-makers addressed the most pressing foreign policy issues at the Annual Meeting of Finnish Heads of Mission in Helsinki on Tuesday.
Erkki Tuomioja (SDP), the Minister for Foreign Affairs, estimated that the crisis in Ukraine is unlikely to alter the foundation of Finnish foreign policy and security. Regardless, he reminded, it remains premature to rule out even the worst-case scenario.
The construction of a new children's hospital began in Meilahti, Helsinki, on Tuesday amid a jubilant atmosphere, after the fund-raising campaign reached – and exceeded – its donation target of 30 million euros only hours before the symbolic ground-breaking ceremony.
The donation to push the fund-raising campaign over the finish line was received from Naisopettajat ry, an association of female teachers that decided on Tuesday to dissolve and donate the 300,000 euros it had accumulated from membership fees over its roughly 100-year history.
The annual profits of Espoo are set to nosedive tens of millions into the red, with practically no light at the end of the tunnel.
If the projection proves accurate, Espoo would require up to 100 million euros – the difference between its projected annual contribution margin and the objective set for this year. The need for funds, in turn, has not disappeared as Espoo continues to grow and has committed to to major investments, such as the western metro extension, for years to come. A decision on a ceiling on investments has been taken, but the ceiling is to be pierced repeatedly in the years to come.
- Huhtamäki under fire in Las Vegas
- Oulu not surprised by high suicide rate
- Stockmann's conundrum
- Soini sets sights on Government berth
- Study finds notable regional variation in cancer mortality
- Municipalities in capital area agree to step up residential construction
- Räty accounts for tax avoidance tactics
- Finnish companies lack a clear message
- Survey: under-25s play more than ever
- Indifference behind Russian airspace violations, Haglund gauges