News from Finland

This is an experimental news service that offers news from Finland in English. A venture from Malloc Enterprises, Inquiries by email: [email protected].

Funding for KymiRing race track to be decided in April - MotoGP set for 2019

The funding of the motorsports and driving training center KymiRing has moved forward. Kymiring Oy, the company behind the venture has made a proposal for funding to it's main owners. The municipality of Iitti is one of…

Le Monde: Areva to pay hundreds of millions in compensation for delayed OL3 Nuclear Power Plant in Finland

French newspaper Le Monde reports that Areva and Teollisuuden Voima are close to an agreement over the disagreement of a delayed Nuclear Powerplant delivery. Currently the delivery of the Olkiluoto 3 reactor is expected…

Virta Health claims to cure type 2 diabetes by applying Machine Learning to create tailored diets

A Silicon Valley based company ran by Finn Sami Inkinen has received positive news on it's operations. Virta Health, a company treating type 2 diabletes has had a successful fourth year of operations. The treatment of t…

Helsinki University and Nokia develop Air Quality Measurement technology - Field trials in Beijing and Helsinki

The University of Helsinki and Nokia Bell Labs have developed an intelligent Air Quality Measurement technology. The system, based on 5G cellular networks, is now being tested in Helsinki's Kumpula region and will be de…

IT workers wages stagnant in Finland, changing jobs the route to better pay

The improvement of the general economic situation in Finland has not affected salaries in IT jo wages. Median wages continue to be 4000 euros a month, before bonuses or other incentives. The high demand for capable work…

Birth rate hits lows in Finland, putting welfare state sustainability at risk

The annual birth rate hit historical lows in Finland last year. In 2017 there were fewer children born in the Nordic country than any other year since the turn of the millennium. The birth rate has been falling for seve…