• Web Developer

    HT Jobs | - Feed Apr 15, 2018 | 14:55 pm

    Web Developer Web Developer familiar with CMS systems (Joomla, WP etc) and fluent with PHP, HTML5, CSS needed for bug fixes and further development of an exciting IT project. Enthusiasm and ability to learn and improve is more important than experience.The job[…]

  • CTO / Lead Developer

    HT Jobs | - Feed Apr 11, 2018 | 15:05 pm

    CTO / Lead Developer An exciting recently funded startup operating in the healthcare IT domain is looking for an CTO to join and lead (hands on) both engineering and web application development of the company.Job descriptionEternAll Sciences is an e-health startup active in Finland[…]

  • Service Coordinator, Vestas Finland, Vaasa

    HT Jobs | - Feed Feb 3, 2018 | 10:57 am

    Service Coordinator, Vestas Finland, Vaasa Do you have a passion for delivering first class administration service to an organization? Do you want to be a part in an ambitious team in a dynamic environment? Then this challenge might be something for you!PositionSERVICE COORDINATOROrganizationVestas Northern Central[…]


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.

Rovio reported a year-on-year improvement in both its net sales and operating profit in 2016, the former increasing from 140 million to 190 million euros and the latter from -21 million to 17.5 million euros.

Related posts:

The company thus rebounded quickly from its first loss-making year since the launch of its flagship franchise, the Angry Birds, in 2009.

The recovery is partly a consequence of the commitment of the game studio to streamlining its organisational structure. Rovio in 2015 reduced its headcount from over 800 to 460 and re-located to a smaller premises in Keilaranta, Espoo.

Bloomberg reminds that despite the positive trajectory of the entertainment company, the initial public offering would “test investors’ appetite” for entertainment software developers that, according to data compiled by the news agency, have seen their shares slide by an average of 18 per cent following initial public offerings this year.

Taloussanomat and Helsingin Sanomat have reported about the rumoured initial public offering in Finland. A Rovio spokesperson declined to comment on the rumours to Helsingin Sanomat on Monday.

Aleksi Teivainen – HT
Photo: Kimmo Mäntylä – Lehtikuva

Finland in the world press

Helsinki Finland Blustery, 11 °C
Current Conditions
Sunrise: 5:47 am   |   Sunset: 8:53 pm
59%     13.0 m/s     34.169 bar
Fri Low: 1 °C High: 10 °C
Sat Low: 2 °C High: 8 °C
Sun Low: 3 °C High: 6 °C
Mon Low: 2 °C High: 6 °C
Tue Low: 3 °C High: 6 °C
Wed Low: 3 °C High: 7 °C
Thu Low: 2 °C High: 8 °C
Fri Low: 2 °C High: 8 °C
Sat Low: 2 °C High: 8 °C
Sun Low: 3 °C High: 9 °C