Security policy was one of the main talking points as the premiers of Nordic countries sat down during a Nordic Council session in Stockholm on Tuesday.
In a press conference held before the meeting, members of the media were particularly interested in the possibility of Finland and Sweden seeking Nato membership in light of the heightened tensions in the Baltic Sea.
- Category: Business
- Created on 29 October 2014
Up to 380 jobs are at risk after Stockmann announced on Wednesday that it will launch consultative negotiations with all of the roughly 800 people employed by Seppälä in Finland in response to the deteriorating profitability of the fashion chain.
“The operating losses have increased during this year,” highlights Kaj-Gustaf Bergh, the board chairperson at Stockmann.
Childlessness is more common in Finland than in all but two other European countries, finds a recent study by the Population Research Institute.
With roughly one in five of 40—44-year-old Finnish women being childless in 2010, childlessness was more common only in two of the nearly 30 countries incorporated in the study, Italy and Switzerland.
Ari Konttas (NCP), the chairperson of the Espoo City Board, has voiced his disapproval with the manner in which the tentative plans of Espoo to outsource its real estate and municipal engineering services were made public.
Helsingin Sanomat reported on Tuesday that a small group of officials has worked on revisions to the service organisation of Espoo that could result in the outsourcing of nearly one thousand jobs.
Soili Suonoja has stepped down from her position as board chairperson at four state-owned companies following public allegations that she has abused her position of trust to help her relatives secure various positions with the companies.
YLE was the first to write about her decision to resign from the boards of Finavia, Alko, Leijona Catering and Finnpilot Pilotage.
The chairperson of the Centre Party, Juha Sipilä, has stirred debate by estimating that there are too many public servants in Finland.
The opposition leader stated in an interview with Yrittäjät.fi last weekend that the number of municipal and state officials should be reduced by tens of thousands. On Monday, he specified that over the coming ten years the number could be reduced by 20,000 due to improvements in productivity.
Finnish farmers face an anxious couple of weeks before the European Union confirms whether or not it will compensate them for the losses arising from the unrest in Ukraine.
Risto Artjoki (NCP), a state secretary at the Ministry of Agriculture and Forestry, estimates that Finland is in a reasonable negotiating position. “The member states and the commission have determined that the situation of Finland and the Baltic countries is somewhat different from the general situation in the European milk market.”
The District Court of Lapland has detained a 31-year-old man with a long list of prior run-ins with the law for probable cause of manslaughter for stabbing to death a 16-year-old student at a general upper secondary school in Utsjoki on Friday.
He has confessed to the stabbing in interrogations.
Helsinki is prepared to cough up the remainder of the 96 million euros required for the construction of a new Central Library in the event that the project fails to attract investments from third parties.
The political groups on the Helsinki City Council announced after their budget talks on Monday that an additional 18 million euros will be allocated for the project in 2017—2018. The requisite funds will be scraped together by cutting back on road, traffic lane, railway and residential construction.
- Category: Business
- Created on 28 October 2014
Valio is to ramp up its production in Russia after a strategic re-think necessitated by the import embargo of the country and has already introduced the first cartons of Russian milk to the shelves of grocery stores in St. Petersburg.
“We'll expand our product range inside the borders because we must distribute the risks,” Mika Koskinen, the director of Valio's operations in Russia, explained on Friday.
Banks operating in Finland have passed the exhaustive stress tests carried out by the European Central Bank (ECB).
The thorough assessment of the European banking sector indicates that the capital adequacy ratio of OP-Pohjola would decrease to 12 per cent in the most in the adverse scenario envisioned by the ECB, the most out of banks operating in Finland. A balance sheet assessment conducted by the ECB found that the capital adequacy ratio of OP-Pohjola was 16.4 per cent at the end of last year.
- Eläke-Tapiola suspected of misuse of pension assets
- Minister of Environment re-affirms commitment to wetland protection
- Woman and three children die as car crashes into coach in Rautavaara
- Soini and Sipilä question NCP's commitment to care reform
- Fatal stabbing at Sami high school in Utsjoki
- Finnair and Marimekko seek growth in China
- Close vote expected on equal marriage rights
- National Coalition calls for changes to care reform bill
- Nokia back on growth track
- Industries wait anxiously for climate goals