NCC has been commissioned by the city of Mikkeli to build the Saimaanportti school in Finland. The project is a turnkey contract, and the order value is approximately SEK 270 million.

The school encompasses approximately 62,000 square meters and will accommodate 850 students from grades 1 through 9. NCC’s assignment also includes the construction of a sports hall, gym and schoolyard.

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A block of flats in Helsinki on 18 February 2020. Over a quarter of Finns are unsure whether their housing company has any outstanding debt, reveals a survey commissioned by Nordea. (Hanna Matikainen – Lehtikuva)

MANY Finns are unprepared for an increase in the interest rates of housing company loans and their impact on housing costs, finds a survey commissioned by Nordea.

Nordea on Thursday revealed that more than a quarter (27%) of the survey respondents were unable to tell whether their housing company has any outstanding debt. Almost half (46%) of the respondents who knew their housing company has outstanding debt were unaware whether the company has prepared for a rise in interest rates in any ways.

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Minister of the Environment and Climate Change Emma Kari (Greens) unveiled the government’s proposal to reform the nature conservation act in Helsinki on Thursday, 12 May 2022. (Markku Ulander – Lehtikuva)

THE GOVERNMENT of Prime Minister Sanna Marin (SDP) presented its proposal to reform the nature conservation act to the Finnish Parliament on Wednesday.

Although the act has been amended on several occasion, the reform would mark only the second time the act has been overhauled comprehensively in its almost 100-year history, with the first occurring in 1997.

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Minister for Foreign Affairs Pekka Haavisto (Greens) remains confident that Finland and Turkey can work through their differences over the Nato bid of Finland. (Antti Aimo-Koivisto – Lehtikuva)

WEEKS OF DISCUSSIONS will be required to resolve the Nato-related dispute between Finland and Turkey, gauges Minister for Foreign Affairs Pekka Haavisto (Greens).

Turkey has repeatedly expressed its opposition to the membership bids of Finland and Sweden, accusing the two countries of “harbouring terrorists” for refusing to extradite people it considers terrorists due to their alleged ties to the Kurdistan Workers’ Party (PKK).

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Customs has made progress in its investigations concerning leisure craft detained due to sanctions against Russia. Further investigations on six leisure boats have indicated that parties on lists of sanctions are possibly linked to the boats. Customs has forwarded the cases to the distraint authorities. Customs has released five leisure boats. As for the other vessels, investigations still continue.

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People who had fled the war in Ukraine in West Harbour in Helsinki on 16 March 2022. (Heikki Saukkomaa – Lehtikuva)

THE MINISTRY of the Interior has specified the official estimate of the number of refugees who are expected to arrive in Finland from Ukraine.

The Ministry of the Interior on Thursday reported that its officials expect around 10,000–20,000 people to flee the war-torn country to Finland between May and July. The estimate for the last eight months of the year is 20,000–60,000 people.

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Minister of Finance Annika Saarikko (Centre) says Finland is doing its utmost to be able to take delivery of the floating natural gas terminal once it arrives. (Heikki Saukkomaa – Lehtikuva)

GASGRID Finland and Excelerate Energy have signed a 10-year lease agreement for Exemplar, a floating liquefied natural gas terminal owned by the energy company based in Texas, the US.

Minister of Finance Annika Saarikko (Centre) on Friday stated in a news conference that the floating terminal, which has a storage capacity of almost 151,000 cubic metres, will support the Finnish effort to cut off dependence on natural gas imported from Russia.

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After the Russian invasion of Ukraine, 23,781 applications for temporary protection have been submitted in Finland. 20,622 decisions have been made based on the applications by 18 May.

Finland grants temporary protection to those who have fled Ukraine as a result of the Russian attack.

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The balcony of a single-family house in Helsinki in July 2020. The prices of old single-family houses rose by over four per cent in municipalities with more than 100,000 inhabitants between January and March 2022, indicates data published by Statistics Finland. (Olivia Ranta – Lehtikuva)

THE PRICES of old single-family houses increased by approximately two per cent year-on-year and one per cent quarter-on-quarter between January and March in Finland, according to data released by Statistics Finland on Wednesday.

The prices jumped by 4.1 per cent year-on-year in municipalities with more than 100,000 inhabitants and by 4.3 per cent in municipalities with 20,000–59,999 inhabitants.

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