Metropolitan.fi
News from Finland in English
Autovahinkokeskus Oy is a company owned by car and traffic insurers in Finland. It sells cars and parts redeemed by it's owners, to sell onwards to car repairs and as spare parts. The company no longer lists Toyota Hilux and Hiace engines for sale, where as VAG transmissions fly off the shelves.
The Finnish tax office reminds that even short term rental income is taxable.When you rent your apartment through Airbnb, you should report the income in your tax statement.
Finnish company Nokia acquired French company Withings in 2016 to enter the booming fitness and health arena. After dissapointing results, in 2018 Nokia announced that it is looking to offload the business as it refocuses it's efforts.
According to Statistics Finland the prices of new apartments decreased by 6,7% in the first quarter of 2018 year on year. The asking price for new condominiums in the whole country was down compared to the previous quarter, with the national average being 3,641 euros per square meter.
Altia's Koskenkorva factory in South Pohjanmaa uses abnormally long twelve hour shifts. The facility produces grain alcohol, starch, livestock feed and carbon dioxide. A trial started the longer working days in 2014, due to problems with excessive over time work. It is now standard practise.
The cold weather in March in Finland increased the use of coal by 21% according to Statistics Finland. A total of 1,2 Million tons was used for electricity and heat production.
Finnish company acquires athletics apparel brand Peak Performance for 255 Million euros. The company believes this will bring the company a small improvement to the financial results for the year 2018.
Because of the interconnected economies and financial systems the deflating housing market bubble in Finland could affect Finland and the other Nordic countries. The estimate comes from three Bank of Finland economists' joint blog post.
Russian energy company Rosatom is transporting the only floating nuclear power plant through the Gulf of Finland towards Murmansk and Siberia. The floating power house was built on the St. Peterburg Baltiski zavodin shipyard.
Police in Joensuu have seized a large amount of illicit photographs and videos, including offensive material of children. The investigation began in December 2017, due to information received from other authorities. The operation lead into the police conducting an apartment raid in January.