Government ready to invest an additional €112M in Talvivaara
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- Category: Business
- Created on 19 June 2015
The Government has proposed that an additional 112 million euros be earmarked for Terrafame to enable the wholly state-owned special-purpose company to invest more in acquiring the mining operations of the bankruptcy estate of Talvivaara Sotkamo.
Olli Rehn (Centre), the Minister of Economic Affairs, believes it is vital to find a commercially profitable solution for the troubled nickel mine.
Coal stacks to make way for tower blocks in Hanasaari
The coal stacks and combined heat and power plant that define the skyline of Hanasaari may soon have to make way for tower blocks of up to 17 stories, indicate preliminary sketches drawn up by the City Planning Department of Helsinki.
Documents provided to Helsingin Sanomat by the City Planning Department suggest that Hanasaari could be transformed into a neighbourhood of 5,000—8,000 residents by the late 2030s.
Major cruise ship deal secures jobs at Meyer Turku
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- Category: Business
- Created on 18 June 2015
The keels of the largest cruise ships in the world by passenger capacity will be laid at Meyer Turku.
The German owner of the shipyard, Meyer Werft, announced on Monday that it has signed a multi-billion dollar contract to deliver a total of four cruise ships to Carnival Corporation between 2019 and 2020.
Posti to close most of its outlets
Expectations formed in the world of online shopping turned into reality or disappointment at the outlet of Posti in Töölö on Tuesday.
“I drop by the post office every once in a while, when I've bought stuff online,” software developer Tuomas Mäkelä said.
“I bought a phone online, and it was delivered here. Otherwise, I maybe use the post office once a year,” said Miisa Nissinen, a clothes shop assistant.
Niinistö: “Europe is not in a state of peace”
The meeting between President Sauli Niinistö and his Russian counterpart Vladimir Putin dragged on late into the evening in Moscow on Tuesday.
While Niinistö emphasised the significance of achieving a peaceful resolution to the conflict in Ukraine, Putin – somewhat surprisingly – proposed that Finland and Russia develop their co-operation in the field of nuclear energy.
Open Innovation 2.0: What Finland needs to be doing in terms of innovation right now
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- Category: Business
- Created on 16 June 2015
A minor storm has been buffeting Finnish social media channels for the past few months. The epicenter? An impressively researched infographic that was taken from a news story published by Tufts University alumni, showing the current state of evolution in 50 of the world’s leading digital economies. According to the article, Finland’s digital economy is officially in a stall out phase.
Helsinki thrilled with data centre decision
Decision-makers in Helsinki have expressed their delight with the decision of TeliaSonera to invest 130—150 million euros in the construction of a data centre in the city.
Helsingin Sanomat reported on Monday that the telecommunications service provider has laid out plans to build a massive data centre in the Finnish capital by the end of 2017. “The building will have an immediate employment impact both during construction and use,” Mayor Jussi Pajunen (NCP) enthuses.
Oulu mother found guilty of five murders
The District Court of Oulu has sentenced a woman born in 1979 to life imprisonment for the murders of her five newborn children in 2005—2013. In addition, she was found guilty of five counts of breach of the sanctity of the grave.
Mental health experts concluded that the woman is criminally responsible for her actions as she was suffering from no mental impairment at the time of the homicides.
Number of public libraries has halved in 35 years
The number of public libraries has decreased sharply over the past three-and-a-half decades, indicates a set of cultural statistics published by Statistics Finland.
The number of public libraries has more than halved between 1980 and 2014, from 1,600 to no more than 790. The network consisted of as many as 4,000 libraries in 1960, according to the statistics.
Online surveillance is key for national security, Niinistö states
President Sauli Niinistö opened the third Kultaranta Talks at his official summer residence on Sunday, estimating in his opening address that online surveillance is here to stay.
“Intelligence is a central, omnipresent sector of international politics. Yet again, it is not enough to see things the way you want to see them,” he said, explaining why a task force has been assigned specifically to mull over intelligence gathering operations.
Sipilä: Reform first, impact assessment later
Prime Minister Juha Sipilä (Centre) has commented on a petition signed by 85 Finnish professors and research directors for an assessment of the impact of the government programme on gender equality.
The signatories of the petition are concerned that the spending cuts outlined by the Government of Sipilä will predominantly affect women.
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