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Everton’s Wayne Rooney was held scoreless in the first game the team played with the Angry Birds logo on their sleeves.
Everton’s Wayne Rooney was held scoreless in the first game the team played with the Angry Birds logo on their sleeves.

 

Angry Birds made its debut in the Premier League on Sunday.

Rovio, the creator of the successful mobile gaming franchise, reported that it has signed a multi-year shirt-sleeve partnership with Everton FC, becoming the first ever official shirt-sleeve partner of the iconic football club based in Liverpool, England.

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Kati Levoranta, the CEO of Rovio, posed for photographs next to one of the characters of the “games-first entertainment studio's” flagship franchise, Angry Birds, at the Helsinki Stock Exchange on 5 September, 2017.
Kati Levoranta, the CEO of Rovio, posed for photographs next to one of the characters of the “games-first entertainment studio's” flagship franchise, Angry Birds, at the Helsinki Stock Exchange on 5 September, 2017.

 

Rovio Entertainment on Tuesday confirmed that it is moving ahead with its rumoured initial public offering.

The Espoo-headquartered game and entertainment studio did not disclose a timetable for the much-anticipated listing, but speculation in the media indicates that the public offering is to be launched by the end of 2017, writes Helsingin Sanomat.

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Click here for a video about the PetID  

Every year, thousands of pets go missing in Finland. While some are eventually reunited with their owners, many never make it back home. The main hindrance to reunification is a lack of identification. To combat this problem, the Helsinki-based company ActiveMEDI has created the PetID – a coin-sized tag built to ease the localisation of our four-legged friends.

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Seppälä reported an operating loss of 11.7 million euros on net sales of 33.2 million euros in Finland in 2016.
Seppälä reported an operating loss of 11.7 million euros on net sales of 33.2 million euros in Finland in 2016.

 

Seppälä is teetering on the brink of bankruptcy, reports Helsingin Sanomat.

The District Court of Helsinki on Monday confirmed to the newspaper that a bankruptcy petition has been filed against the loss-making fashion chain, which comprises over 70 shops and employs some 270 people in Finland and Estonia. The bankruptcy petition was filed by the Finnish Tax Administration.

Seppälä in March announced it has filed for debt re-structuring in order to secure

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Stockmann on Wednesday reported that its operating profit decreased by almost three million euros year-on-year to 14.6 million euros between April and June of 2017.
Stockmann on Wednesday reported that its operating profit decreased by almost three million euros year-on-year to 14.6 million euros between April and June of 2017.

 

Stockmann on Wednesday reported that its operating profit fell by 2.9 million euros year-on-year to 14.6 million euros between April and June, following a drop of almost 40 million, to 281 million euros, in consolidated net sales.

The operating profit fell well short of the expectations of analysts interviewed by Reuters, highlights Helsingin Sanomat.

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Rovio’s recognisable angry birds could be about to test their wings on the stock market, according to Bloomberg.
Rovio’s recognisable angry birds could be about to test their wings on the stock market, according to Bloomberg.

 

Rovio Entertainment is planning on launching an initial public offering as early as next month in a possible attempt to fund the Angry Birds Movie 2, reports Bloomberg.

The initial public offering could value the entertainment company at approximately two billion euros, according to sources familiar with the matter who spoke to the news agency. Rovio, however, has yet to make its final decision and could opt to remain in private ownership.

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MaaS Global, a Helsinki-based mobility service developer, says it is seeking to revolutionise the way people move.
MaaS Global, a Helsinki-based mobility service developer, has set out to revolutionise the way people move.

 

MaaS Global, a Helsinki-based developer of what has been described as the world’s first all-inclusive mobility app, reveals that it has completed its latest international funding round, raising a total of 14.2 million euros.

The new investors include prominent automotive industry leaders, such as Denso and Toyota Financial Services.

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Finnair on Thursday revealed that a record number of passengers flew with it in the second quarter of the year.
Finnair on Thursday revealed that a record number of passengers flew with it in the second quarter of the year.

 

Finnair has continued its steadfast growth on account of its fleet investments and strategic focus on air traffic between Asia and Europe.

The state-owned airline reported yesterday that its passenger load factor on routes between Asia and Europe improved by almost 10 per cent year-on-year between April and June, pushing its second-quarter operating profits from 3.2 million in 2016 to 37.5 million euros in 2017.

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Paavo Arhinmäki (Left Alliance) has expressed his disapproval with a decision to allow the sale of two unmanned aerial vehicle launch systems to the United Arab Emirates.
Paavo Arhinmäki (Left Alliance) has expressed his disapproval with a decision to allow the sale of two unmanned aerial vehicle launch systems to the United Arab Emirates.

 

Paavo Arhinmäki (Left Alliance) has lashed out at the government for its decision to grant a licence to export defence materiel to the United Arab Emirates (UAE).

Robonic, a Tampere-headquartered supplier of launch systems for unmanned aerial vehicles, was granted a licence to export two launch systems to the United Arab Emirates on Monday despite the opposition of the Ministry for Foreign Affairs.

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Stockmann on Friday said it has agreed to sell its six loss-making grocery shops in Finland to the S Group.
Stockmann on Friday said it has agreed to sell its six loss-making grocery shops in Finland to the S Group.

 

Stockmann on Friday announced it has agreed to offload all six of its loss-making grocery shops, Stockmann Herkku, in Finland to the S Group for a debt-free price of 27 million euros.

The divestment is expected to generate a one-off profit of three million euros and improve the profitability of the struggling department store chain as of next year. Stockmann, regardless, refrained from specifying its guidance for 2018.

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