business

Finland

AIR TRAFFIC COLLAPSE

Passengers at Finnish airports decreased by 96%

The Nomad Today 7/30/20

Helsinki Airport accounted for 81% of all passengers at domestic airports.

Economy & Business

Ryanair sinks into the red

The Nomad Today 7/27/20

More than 99% of its fleet was grounded from mid-March to the end of June amid travel bans introduced across Europe due to the pandemic.

Finland

Finnair racks up millionaire losses over coronavirus

The Nomad Today 7/24/20

Revenue decreased in the April-to-June period by 91.3% to 68.6 million euros, while net loss grew to 172 million euros.

Economy & Business

Pandemic hits Volvo Cars hard

The Nomad Today 7/22/20

The company said it sold 269,962 cars in the January-June period, compared to the 340,826 cars it sold in the same period last year.

Entrepreneurs in Finland

SPONSORED

The emergence of light entrepreneurs in Finland

The Nomad Today 7/20/20

Instead of doing everything themselves, light entrepreneurs choose an invoicing service company to do the paperwork and taxation for themselves.

World

Russia space adviser arrested on suspicion of being NATO spy

The Nomad Today 7/7/20

Ivan Safronov faces a charge of treason, punishable by up to 20 years in prison.

Finland

BUSINESS

Car sales still sunk

The Nomad Today 7/6/20

Only 8,023 new passenger cars were registered in June, 23.9% down from the year before.

Finland

BUSINESS

Large enterprises turnover grew monthly but fell year-on-year

The Nomad Today 6/30/20

The effects of the pandemic can be better perceived in annual terms.

Finland

Marin offers Argentina the expertise of Finnish digital sector

The Nomad Today 6/26/20

Finland appreciates Argentina's efforts to promote digital equality, she told President Alberto Fernández.

Finland

New head of Nokia to start in August

The Nomad Today 6/24/20

Nokia is investing in 5G networks amid strong competition from rivals like China's Huawei and Sweden's Ericsson.

Finland

ELECTRIC AIRCRAFT

Finns dream of flying with zero emissions

The Nomad Today 6/24/20

Cooperation is intensified to introduce a new generation of electric aircraft in the country.

Entrepreneurs in Finland

ENTREPRENEURS

Parliament approved extension of startup grants to 18 months

The Nomad Today 6/23/20

The legislative amendment is intended to ensure that entrepreneurs who receive seed funds can start and establish business operations despite the coronavirus epidemic.

Finland

JANUARY-MAY

Bankruptcies increased 5.5% amid the coronavirus crisis

The Nomad Today 6/19/20

The number of employees in the companies filed for bankruptcy totaled 5,659 in January-May 2020.

Finland

HIGH-SPEED WIRELESS

Elisa, Telia and DNA could start building new 5G networks in July

The Nomad Today 6/17/20

Licences will remain valid until 31 December 2033 in mainland Finland.

Finland

Output of the national economy fell

The Nomad Today 6/16/20

The biggest drop was in the services sector.

Entrepreneurs in Finland

ENTREPRENEURS

Start-up grants encourage new business

The Nomad Today 6/14/20

The desire to create a job themselves, freedom and independence in working life, and the ability to make better use of their professional skills and education are the main motivational factors for…

Finland

DIGITALIZATION

Finland ranks second in the Digibarometer 2020

The Nomad Today 6/12/20

The barometers of recent years have shown that it has been more difficult for Finnish companies to recruit competent ICT professionals.

Finland

BUSINESS

Finnish airport restaurants and services gradually reopening

The Nomad Today 6/10/20

Popular restaurants opened their doors again in early June.

Finland

New orders in manufacturing fell by 13%

The Nomad Today 6/10/20

 Orders have declined continuously for four months.

Entrepreneurs in Finland

SURVEY

Covid hit migrant entrepreneurs harder than native Finns

Ali Abaday 6/4/20

According to a survey by Suomen Yrittäjät, almost 90% of foreign entrepreneurs say their sales dropped during the epidemic.