LEHTIKUVA / AFP

As of the start of July, all goods arriving from outside the EU are subject to VAT and must be declared. When you order goods from foreign online shops, it is useful to know the basics before you make any purchases. Read our tips and avoid unpleasant surprises such as unforeseen payments and unnecessary delays.

Ordering goods online is often effortless, and the variety of internationally sold products is appealing.

Read more ...

VTT Project Manager Himadri Majumdar (Image: VTT)

ONE DEVELOPMENT IN THE REALM OF TECHNOLOGY that was lost in the noise of 2020 was the sparking of the so-called “quantum computing race”, a new international technology arms race in which countries such as the US, China, the UK, and Germany have pledged tens of billions of dollars of investment in. While these larger countries have hogged the limelight when it comes to such strategic technologies, several smaller countries have also been aiming to stay ahead of the curve with their own government-funded quantum computing projects. One such country is Finland.

Read more ...

According to OP’s statistics, the total number of loan applications for holiday homes in 2020 was 42 per cent higher than in the previous year. The holiday cabin boom is also reflected in Pohjola Insurance’s statistics for last year: up to 30 per cent more holiday home insurance policies were taken out than in 2019 – especially by young families with children.

Read more ...

Leading seafarer welfare charities and shipping industry players have launched an emergency relief fund in order to support seafarers and their families devastated by the rampant COVID-19 pandemic in India and other countries.
 
Seafarers have been the invisible victims of COVID-19, with hundreds of thousands marooned on vessels for months beyond agreed contracts, in some cases.

Read more ...

On 26 April 2021, Finland's Minister of Transport and Communications Timo Harakka and Estonia’s Minister of Economic Affairs and Infrastructure Taavi Aas signed a Memorandum of Understanding on cooperation between the two countries in the transport sector.

The purpose of the MoU is cooperation in the transport sector and exchange of information between the countries in order to promote large-scale transport projects,

Read more ...

LEHTIKUVA / AFP

People who have only recently heard about cryptocurrencies and the surge in the value of Bitcoin in particular, might think that they are irretrievably late because the value of Bitcoin has risen to such a high level. At the same time, hardcore crypto enthusiasts believe that the value of Bitcoin is going to rise and even multiply. The same dichotomy exists between the opinions of experts and investors.

Read more ...

1.5 billion investment in 3 factories is catapulting Finland into the status of a significant global player in the Battery industry.

Johnson Matthey, a UK-listed chemicals company, together with the Finnish Minerals Group have announced investment in a cathode materials plant planned for Vaasa.

Read more ...

A picture from the Finnish Customs of snus packages in a van.

The coronavirus situation, congestion in investigation proceedings and a backlog of court cases added to the challenges of the authorities in their fight against the shadow economy. Economic crime cases reported to the police increased from the previous year, and the Finnish Tax Administration levied taxes of more than EUR 80 million on the basis of shadow economy audits. This information is indicated in the 2020 shadow economy prevention statistics published today.

Read more ...

The COVID-19 pandemic is having negative and far-reaching consequences on labour market participation and social inclusion, which may further disadvantage people with disabilities. Labour market support measures with a disability inclusion perspective will be vital for safeguarding the already vulnerable position of people with disabilities, and to ensure that the disadvantages faced by many are not compounded even further.

Read more ...

Stora Enso’s mill in Kemi, photographed on 21 September 2011, is capable of producing 850,000 tonnes of paper and 380,000 tonnes of pulp a year. (Kimmo Mäntylä – Lehtikuva)

STORA ENSO on Tuesday announced it is slashing its paper production capacity by 35 per cent to 2.6 million tonnes by shutting down its pulp and paper mills in Kemi, Finland, and Kvarnsveden, Sweden.

The mills have directly provided employment to 670 and 440 people, respectively.

Read more ...

More Articles ...

Partners