Topi Manner, the CEO of Finnair, presented the airline’s interim report for the fourth quarter of last year in Vantaa, Finland, on Friday, 15 February 2019. (Credit: Martti Kainulainen – Lehtikuva)

FINNAIR on Friday reported that its comparable operating result decreased by 13.7 million euros year-on-year to 9.2 million euros between last October and December.

The fourth-quarter result exceeded the expectations of analysts and investors, sending shares in the majority state-owned airline up by almost eight per cent to 7.765 euros on the Helsinki Stock Exchange on Friday.

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Tens of thousands of Finns, who are signing up to online casinos based in Malta so that they can quench their thirst for online gambling, have helped create a growing Finnish jobs market in the Maltese iGaming sector.

The popularity of online casino gaming amongst Finnish nationals has opened up an opportunity for Finns who wish to work abroad.

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Tieto, a Finnish provider of information technology services and software, said yesterday it has embarked on a strategy that will affect around 700 roles worldwide. (Credit: Antti Aimo-Koivisto – Lehtikuva)

TIETO on Wednesday announced it will reduce around 700 positions worldwide as part of an effort to create annual gross savings of 30–35 million euros.

The Finland-based information technology company said the measures are part of a renewal process launched to improve its future competitiveness, focus on accelerating design and data-led innovation, and overhaul its ways of working and leadership model.

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Finnish pulp and paper manufacturer Stora Enso on Friday announced it has launched a “profit protection programme” to create annual cost savings of 120 million euros. (Credit: Emmi Korhonen – Lehtikuva)

STORA ENSO says it will launch a belt-tightening programme in a bid to create annual cost savings of 120 million euros.

The Finnish pulp and paper manufacturer revealed last week that one of the measures under consideration is shutting down its ageing paper machine in Imatra, Eastern Finland – a move that would result in the termination of up to 80 jobs.

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Nokia remains confident that its end-to-end portfolio will enable it to benefit from the long-awaited cycle of investment in fifth-generation (5G) mobile technologies. (Credit: Jussi Nukari – Lehtikuva)

NOKIA has surprised analysts and investors with a strong fourth-quarter result.

The Finnish provider of mobile network technology and services announced yesterday its operating profit increased by roughly 115 million euros from the previous year to 1,120 million euros between last October and December. Its net sales, in turn, crept up by three per cent to approximately 6,870 million euros.

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The Tesla Model 3 in a showroom (Image: Lehtikuva)

THE ELECTRIC MOTOR VEHICLE GIANT TESLA has opened applications for its “2019 winter experience” to celebrate the release of their upcoming Model 3 and Model S cars. The event will allow lucky winners to experience the winter driving capabilities of the new Model 3 and Model S in Finland’s icy north.

In a message on Tesla’s official website, the company announces that an ice track has been purpose-built near the northern city of Kemi. Here competition winners will enjoy an all-expenses-paid trip which involves being driven around the frozen plains by a professional driver. 

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Nokia on Tuesday said it has invited employee representatives to consultative negotiations with a view to shedding roughly 350 jobs in Finland in 2019. (Credit: Mikko Stig – Lehtikuva)

NOKIA on Tuesday announced it will seek to improve the profitability of its operations by cutting approximately 350 jobs in Finland in 2019.

The Finnish network equipment manufacturer revealed that the redundancies will be carried out at all of its units in the country, with the exception of its manufacturing facility in Oulu, North Ostrobothnia.

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Quick loan companies have become serious problems for the society, but are goldmines to their owners. OPR Finance's CEO's earnings were €1,8 million last year. The company runs Ostosraha (shopping money) a quick loan, high interest operation.

 

Asiakastieto Group has announced that there is now a record number of 382 000 persons with payment defaults in its consumer credit information register, i.e. 7 700 more than a year before. Each registered subject has on average 15 payment defaults. In 2018, approximately 1,6 million new payment default entries were registered to consumers. 

”The number of persons with payment defaults is increasing, even though the economic development is positive and the employment is on the mend as well.

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A Finnair flight at Helsinki-Vantaa Airport, December 2018 (Image: Lehtikuva)

FINLAND’S NATIONAL CARRIER, FINNAIR, HAS ANNOUNCED that their popular service running between Helsinki-Vantaa Airport and London-Heathrow Airport will be expanded in 2019, allowing for greater travel capacity between the two cities.

The flight is currently one of the busiest routes operated by Finnair, with business travellers and tourists making up the vast majority of traffic between London and Helsinki. Finnair has announced the changes to the service will allow for a 21% increase in passenger traffic over the summer season.

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Pipedrive headquarters in Tallin

Pipedrive CRM software designed by salespeople for salespeople

Pipedrive is a sales CRM, or Customer Relationship Management, tool that began as a tiny start-up in a garage in Estonia in 2010. Now, the company has expanded globally. It has $80 million in funding and has its headquarters in Tallinn and New York City, offices in London and Lisbon and over 75,000 customers in over 170 countries. Their success is seen not only through this global expansion but through its achievements as well. It won the 2017 Sales Tech Award, was named Best Employer in Estonia in 2016 and Best Enterprise SaaS B2B Startup by The Europas in 2015.

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