Helsinki - Finnish flag carrier Finnair on Tuesday posted a pre-tax loss of 25 million euros (32 million dollars) for the first quarter of 2009, and expected the year to be "difficult."The group posted a pre-tax profit of 4 million euros in the first quarter of 2008.
Turnover fell 10 per cent per cent to 515 million euros.
"Our results from the first quarter reflect the situation of the entire airline industry regrettably well," Chief Executive Jukka Hienonen said in a statement.
Helsinki - Finnish paper and forestry group Stora Enso on Thursday said it planned to shed 2,000 jobs as part of cost-cutting measures.
Most of the savings worth some 250 million euros (323 million dollars) were to be conducted this year and would be completed by 2010, the group said in connection with the release of its first- quarter report.
Stora Enso, one of the world's largest pulp and paper concerns, has a global workforce of 32,000.
Helsinki - Citing an "exceptionally tough environment" Nokia, the world's largest maker of mobile phones, Thursday reported lower sales and a sharp drop in operating profit for the first quarter of 2009.
The Finnish-based company posted a pre-tax loss of 12 million euros (15.8 million dollars), compared to a pre-tax profit of 1.6 billion euros for the corresponding business period in 2008.
First-quarter sales dropped 27 per cent year-on-year to 9.3 billion euros, the group said.
Helsinki - A kiss-and-tell book about Finnish Prime Minister Matti Vanhanen and the related issue of how much privacy leading politicians can claim may feature in a new trial, reports said Wednesday.
The prosecutor as well as the author and publisher of the book have filed appeals to the Supreme Court. A decision on a possible hearing is expected in four months, Finnish news agency STT reported.
Helsinki - The Kalevala epos has long been an integral part of Finnish-language culture, and a source of inspiration for numerous artists as well as dramas, operas and symphonies.
Proof of that is evident at the Ateneum Art Museum in Helsinki where over 200 works by some 60 artists are being exhibited.
The exhibition runs through August 9 and marks the 160th anniversary of the publication of the Kalevala by Finnish folklorist and literary scholar Elias Lonnrot, who collected Finnish and Karelian folklore.
Helsinki - The chief executive and the board chairman of the state-owned Finnish energy group Fortum on Thursday announced they would step down, amid a row over bonus payments.
Board chairman Peter Fagernas said he had informed the nomination committee that he would not stand for re-election at next week's annual general meeting.
Chief executive Mikael Lilius, meanwhile, said he would retire at the end of the year.
Helsinki - Finnish flag carrier Finnair on Tuesday posted a pre-tax loss of 25 million euros (32 million dollars) for the first quarter of 2009, and expected the year to be "difficult."The group posted a pre-tax profit of 4 million euros in the first quarter of 2008.
Helsinki - Finnish paper and forestry group Stora Enso on Thursday said it planned to shed 2,000 jobs as part of cost-cutting measures.
Helsinki - Citing an "exceptionally tough environment" Nokia, the world's largest maker of mobile phones, Thursday reported lower sales and a sharp drop in operating profit for the first quarter of 2009.
Helsinki - A kiss-and-tell book about Finnish Prime Minister Matti Vanhanen and the related issue of how much privacy leading politicians can claim may feature in a new trial, reports said Wednesday.
Helsinki - The Kalevala epos has long been an integral part of Finnish-language culture, and a source of inspiration for numerous artists as well as dramas, operas and symphonies.
Helsinki - The chief executive and the board chairman of the state-owned Finnish energy group Fortum on Thursday announced they would step down, amid a row over bonus payments.
