• Chinese and Finnish business leaders gather in Helsinki to discuss strengthening economic ties  

    LAST WEEK SAW business leaders, public figures, and investors gather at startup hub Maria 01 for the first-ever Europe-China Economic and Trade Forum, an event aimed at strengthening economic and trade links between the two countries and between China and the EU.  

    The event was organized by China-Europe Association for Technical and Economic Cooperation (CEATEC)Silk Passage Business Consultancy co. LTD and EverGrow Oy with the intention of furthering mutual understandings of European and Chinese business culture and encouraging Finnish companies to set up shop in China.  

  • How Finnish insurance companies have avoided providing coverage for COVID-19

    AS FAMILIES, WORKERS, AND BUSINESSES in Finland continue to reel from the social and economic fallout from COVID-19, it is becoming increasingly clear that insurance companies in Finland may not be able to cover losses incurred as a result of the pandemic.

  • VR could lay off upto 3,000 employees next year

    Government-owned Finnish railway company VR Group is set to begin cooperation negotiations (commonly known as yt-neuvottelut in Finnish) next week. The negotiations will determine the extent to which VR will cut back on its workforce next year. 

  • Why is the Greater Helsinki area becoming a magnet for the health industry?

    Greater Helsinki is rapidly emerging as a global health industry leader (Image: Lehtikuva)

    IF YOU WERE TO ASK someone what they thought Finland’s greatest economic strengths were, they would likely list off the classics; paper, telecoms, and Angry Birds. However, one emergent area of the economy that runs the risk of being overlooked is the health sector, which includes biotechnology, pharmaceuticals, and life sciences, the epicenter of which is Greater Helsinki.