Finland

Lidl store in the Alppikylä neighborhood (Helsinki). Photo: Lidl.

BUSINESS

Lidl Finland's sales growth halved despite opening 6 new stores

The Nomad Today 9/1/20

Lidl marked a milestone by entering the Finnish market. Now, the great challenge for the German retail giant is to attract thousands of consumers who are still reluctant to buy food in stores that…

RECESSION WORSENING

Finland's trade balance records a deficit of 1.7 billion euros

The Nomad Today 8/31/20

Exports of forest industry products declined by 17% in June and exports of machinery and transport equipment diminished by 7.5%. Germany, Sweden and the United States have greatly reduced their…

TO PRODUCE ENERGY

Hard coal consumption fell 34% in the first half of the year

The Nomad Today 8/31/20

The use of fossil fuels has been replaced by renewable energy.

VIDEO CONFERENCE

Nordic Council of Ministers to discuss business recovery

The Nomad Today 8/30/20

The ministers will also discuss the Nordic Smart Government project, which aims to establish an electronic business area where business information circulates securely and in real time between…

BUSINESS

Bankruptcies decreased 6% in January-July

The Nomad Today 8/29/20

The number of bankruptcies increased in industry and mining and other services.

People enjoy warm weather at the Tantolunden park as the spread of the coronavirus disease (COVID-19) continues, in Stockholm, Sweden May 30, 2020. TT News Agency/Henrik Montgomery via REUTERS

Sweden's GDP falls more than Finland's despite lax restrictions

The Nomad Today 8/28/20

The Swedish economy declined by 7.7% year-on-year in the second quarter.

IMMIGRATION

Migri won't accept applications by post or email from 1 September

The Nomad Today 8/28/20

In urgent matters, customers can visit service points and queue using the waiting numbers.

Port of Helsinki. Photo: Port of Helsinki.

RECESSION WORSENING

Coronavirus crisis hit the Finnish economy harder than expected

The Nomad Today 8/28/20

Finland's gross domestic product (GDP) contracted 6.4% year-on-year in the second quarter. Private consumption and exports , which are key elements for the good economic functioning of the…

FEAR OF UNEMPLOYMENT

Consumer confidence in the economy weakened in August

The Nomad Today 8/28/20

People’s expectations concerning the development of the general employment situation weakened in August to an even gloomier level

CORONAVIRUS

WizzAir Turku-Skopje flights suspended for two weeks

The Nomad Today 8/27/20

The suspension of flights will be in effect from 28 August until 10 September.

seasonal work Lingon berry pickers by Lena Svensson Pixabay

GOVERNMENT DECISION

Restrictions on the entry of berry pickers from certain countries

The Nomad Today 8/27/20

This change will not affect, for example, the possibility for Thai berry pickers to enter Finland.

The Helsinki airport boarding area is half empty in July. Photo: Foreigner.fi.

BUSINESS

Passenger traffic at Finnish airports plunged 89% in July

The Nomad Today 8/27/20

Finnair has just announced that it will cut 1,000 jobs due to falling demand for travel. Now, official figures confirm that passenger traffic is minimal at airports.

FOR STUDENTS IN GRADES 5-9

Vaccination of boys against human papillomavirus has begun

The Nomad Today 8/26/20

THL emphasizes that the vaccine "provides excellent protection against papillomaviruses that are most likely to cause cancer" and does not mention the possibility of adverse reactions , a matter…

Kaipola paper mill in Jämsä. Image: Google Maps.

CLOSURES AND JOB CUTS

Death blow to Finland's pulp and paper industry

The Nomad Today 8/26/20

UPM announces the closure of a paper mill in Jämsä, job cuts in pulp plants and in the Finnish forest organization. In total, about 670 jobs will be destroyed. The company blames high…

One of the modern mail delivery vehicles purchased by Posti. Photo: Foreigner.fi.

BUSINESS

Government group proposes mail distribution three days a week

The Nomad Today 8/26/20

If approved, the three-day distribution model -which is likely to lead to job cuts - would begin in 2022. "The coronavirus has accelerated the death of the letter," said the state secretary…

A City Market grocery store. Photo: Foreigner.fi.

BUSINESS

Retail sales and turnover grew in July despite the virus

The Nomad Today 8/26/20

The exceptional situation caused by the Covid-19 pandemic had an impact on business development.

Grandmother children old grandchildren kids

POPULATION FIGURES

5,000 more deaths than births in Finland from January to July

The Nomad Today 8/25/20

16,165 people immigrated to Finland from abroad and 5,685 people emigrated during this period.

Finnair-ground-personnel-crew-by-Finnair

BUSINESS

Finnair to cut 1,000 jobs despite €700 million state aid

The Nomad Today 8/25/20

The announcement came exactly three months after the Finnish Parliament approved public aid to save the airline within its third supplementary budget for 2020.

GOVERNMENT FIGURES

Finland has 118,500 unemployed jobseekers more than a year ago

The Nomad Today 8/25/20

At the end of July, the number of people laid off was 100,000 in the whole country; a year-on-year increase of 83,900.

WEAKENED BUSINESS

Viking Line to begin layoff negotiations

The Nomad Today 8/24/20

Negotiations will begin on 1 September in Finland and Åland and are expected to last six weeks. Similar talks will be held in Estonia, the company said.