business

Business

BUSINESS CONFIDENCE

21% of Spanish entrepreneurs have pessimistic expectations

The Nomad Today 10/15/21

Confidence is higher among SMEs than among large enterprises

Entrepreneurs

ENTREPRENEURS

In Spain, 5 companies are set up for each one that is dissolved

The Nomad Today 10/8/21

The regions with the largest number of new companies are Madrid (1,419), Catalonia (1,343) and Andalusia (963)

Woman-engineer-production-plant-worker by Pexels

Business

INDUSTRY

Spain industrial production grows at a slower pace

The Nomad Today/dpa 10/6/21

Month-on-month, industrial production decreased 0.3%, following a 1.1% drop in July

Business

AIRLINES

Air carrier Swiss warns cabin crew to get vaccinated or face layoffs

The Nomad Today/dpa 9/28/21

Anyone unwilling to get the jab can expect to be fired in January

Business

REAL ESTATE

China's ailing Evergrande makes strong gains on stock exchange

The Nomad Today/dpa 9/23/21

The Chinese group has debts equivalent to more than 300 billion dollars

Business

CHINA

European firms concerned over China's self-reliant economic course

The Nomad Today/dpa 9/23/21

It said Beijing is finding ways to exclude foreign companies from the market, and especially from strategic sectors

PRODUCTION - 26 July 2021, Lower Saxony, Wolfsburg: Herbert Diess, Chairman of the Board of Management of Volkswagen AG, speaks during an interview with the German Press Agency (dpa). Photo: Carsten Koall/dpa

Business in Finland

BUSINESS

Volkswagen posts record first half profits, ups forecast

The Nomad Today/dpa 7/30/21

Turnover rose by more than a third to more than 130 billion euros

29 July 2021, United Kingdom, London: A general view of "Come Fly Again" signage at London's Heathrow Airport during a celebration for the safe reopening of international travel and its 75th anniversary. Photo: David Parry/PA Wire/dpa

Tourism

TRAVEL

Second summer without foreign tourists in Finland

The Nomad Today 7/30/21

Many tourist businesses survive thanks to Finns from the capital area who, due to difficulties in traveling abroad, prefer to spend their holidays in other Finnish provinces

Business in Finland

BUSINESS

Nokia announces quarterly profit rise and improved annual outlook

The Nomad Today/dpa 7/29/21

Net sales for the second quarter rose to 5.31 billion euros from 5.09 billion euros last year

Business in Finland

BUSINESS

Finnish company closures increased 21% in the last quarter of 2020

The Nomad Today 7/23/21

There were 12,403 enterprise openings in January to March 2021

Business in Finland

BUSINESS

Increase in turnover of Finnish services, industry, construction

The Nomad Today 7/3/21

The development was partly due to the exceptional situation caused by the coronavirus one year earlier.

26 March 2021, Lower Saxony, Wolfsburg: A Volkswagen ID.4 stands in a car tower at Autostadt where the German Automaker company started deliveries of the all-electric SUV today. Photo: Ole Spata/dpa

Business in Finland

BUSINESS

Car sales in Finland grew 95%

The Nomad Today 6/4/21

However, the sector has not yet reached its pre-pandemic sales volume.

Business in Finland

BUSINESS

Nokia turns to profit in Q1; backs 2021 and 2023 outlook

The Nomad Today/dpa 4/29/21

Net sales for the quarter grew to 5.08 billion euros.

A general view of the headquarters of Business Finland, whose aid to companies caused a bitter controversy in 2020. Photo: Foreigner.fi.

Business in Finland

CORONAVIRUS CRISIS

Small companies received an average of € 50,000 in business subsidies

The Nomad Today 4/28/21

Finland paid 1.75 billion euros in business subsidies in 2020. The majority of the subsidy recipients were micro and small enterprises.

FILED - 05 January 2015, US, Las Vegas: A visitor holds an LG G Flex 2 smartphone at the consumer electronics show CES 2015. The South Korean electronics manufacturer LG is closing its loss-making mobile phone business. Photo: picture alliance / dpa

Business in Finland

BUSINESS

Electronics manufacturer LG to shut down its mobile phone business

The Nomad Today/dpa 4/5/21

The shutdown of LG's mobile phone sector is expected to be completed by the end of July.

Woman-bar-laptop-kiss-t-shirt-entrepreneur-restaurant

Entrepreneurs in Finland

EPIDEMIC

New compensation for restaurants forced to close customer facilities

The Nomad Today 3/18/21

This new form of compensation would apply to restaurants and other food and beverage service businesses that are closed from 9 to 28 March 2021.

Debt bills entrepreneurs bankruptcy. Photo by Mikhail Nilov/Pexels.

Business in Finland

BUSINESS

Finnish company bankruptcies down but more employees affected

The Nomad Today 3/17/21

Due to the coronavirus crisis, filing for bankruptcy was restricted by a temporary amendment to the law from 1 May to 2020 to 31 January 2021.

Entrepreneurs in Finland

BUSINESS

Finland extends Covid-19 direct financial aid to all sole entrepreneurs

The Nomad Today 3/4/21

A minimum support of 2,000 euros will be paid to sole entrepreneurs if they meet the conditions. The amounts will be based on the decrease in the company’s turnover and actual costs.

Helsinki airport and air traffic control tower. Photo: Finavia.

Business in Finland

AIRPORTS COUNCIL INTERNATIONAL

Helsinki-Vantaa selected best European airport in its size category

The Nomad Today 3/1/21

Helsinki Airport has also introduced new innovative practices, such as the Covid-19 sniffer dogs that have received worldwide attention and the UVC disinfection of security control trays.