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Industrial output decreases in April
Seasonally adjusted industrial output decreased by 1.7 per cent in April from the month before, according to Statistics Finland.
The output decreased in nearly all…
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Transport energy consumption wanes by 4% in 2022
Energy consumption in domestic transport amounted to 164 petajoule (PJ) in 2022, falling by four per cent (PJ) from the previous year, according to Statistics Finland.…
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Fortum, Westinghouse to find new nuke possibility in Finland, Sweden
The Finnish majority state-owned energy company Fortum and Westinghouse Electric Company, one of world’s leading suppliers of safe and innovative nuclear…
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Finnish economy to fall into mild recession: OP
OP Financial Group economists forecast that the gross domestic product (GDP) of counties in Finland will grow at a slower pace this and next year compared with the…
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Business confidence remains unchanged in May
Confidence in struggling construction rose clearly, while services saw a decline and Industrial confidence rose slightly in May, said Confederation of Finnish Industries…
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Gasum to build liquefied biogas filling station in Lapland
Finnish state-owned energy company Gasum has begun work on building a new gas filling station in the municipality of Keminmaa in northern Finland, said the company in a…
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GDP contracts by 0.4% in Q1 YoY
The volume of Finland's gross domestic product (GDP) contracted by 0.4 percent in the first quarter of 2023 on a year-on-year (YoY) basis, reported Xinhua, quoting…
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US firm Plug Power plans 3 hydrogen plants in Finland
US company Plug Power has planned to develop three green hydrogen production plants in Finland, said the company in a press release on Tuesday.
The plants will be set up…
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Transmission outage to drop wind power output on west coast
The Finnish national electricity transmission grid operator, Fingrid will set the maximum wind power output from the west coast at a level lower than normal during…
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Finland to see biggest drop in housing prices in 30 years
Housing prices in Finland are expected to have the biggest drop this year since 1993, according to a housing market review conducted by Hypo, a Finnish credit institution…
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