Browsing Tag
Finland
88 posts
Finland and Norway defend 90-minute Putin call as European divisions complicate Ukraine peace talks
Finnish President Alexander Stubb and Norwegian Prime Minister Jonas Gahr Støre have defended direct discussions with Vladimir Putin as an attempt to influence upcoming Ukraine negotiations, despite criticism from other European governments.
Nokia’s AI network sales jump 123%, but restructuring holds reported margin to 3.8%
Nokia reported €5.15 billion in quarterly sales and a 35% increase in comparable operating profit as AI and cloud customers accelerated network investment. Its widening gap between reported and adjusted profitability remains a key concern.
Telia wants SEK 1bn of savings. Can fewer central roles make the telecom group faster?
Telia Company AB plans to eliminate around 900 positions across its Nordic and Baltic operations by year-end while transferring another 220 roles closer to national businesses. The SEK 1 billion annual cost programme is designed to simplify decision-making and improve cash flow, but the restructuring comes while revenue, EBITDA and customer metrics have already been improving.
Sesterce’s €10bn Finland AI bet tests whether abandoned factories can become Europe’s next AI hubs
Sesterce plans to transform the former Kaipola paper mill in Jämsä into a 600 MW artificial intelligence campus backed by an unidentified anchor customer. The project could turn obsolete industrial infrastructure into valuable compute capacity, but its extraordinary scale leaves major questions around financing, grid capacity, taxation and execution.
Australia launches 2029-30 UN Security Council bid as Albanese targets AI and climate influence
Australia has launched its campaign for a 2029-30 UN Security Council seat, with Anthony Albanese putting AI, climate and global security at the centre of the bid.
Volvo Trucks targets 420 km range at 76 tonnes with new FH Electric heavy-haul model
Volvo Trucks will begin rolling out an electric FH capable of combinations weighing up to 80 tonnes in early 2027, pairing 640 kWh of usable battery capacity with megawatt charging designed for demanding freight operations.
Finland joins France’s nuclear deterrence initiative as Europe builds security layer beyond US guarantees
Finland has joined France’s Forward Nuclear Deterrence Initiative, bringing the group to ten countries as European governments prepare for deeper consultation, exercises and possible deployment of nuclear-capable French assets.
Google commits €13bn to Finland AI infrastructure and 22-year nuclear deal
Google will invest €13 billion in Finnish AI and data-centre infrastructure during 2027 and 2028 while signing a 22-year agreement for up to half of the output from Fortum’s Loviisa nuclear plant.
Bittium’s profits are booming, but up to one in four workers at this unit could go
Bittium may cut up to 30 Engineering Services jobs despite surging group profit. Discover why defence growth is reshaping its workforce.
Iceland rejects EU membership talks as narrow referendum reshapes Arctic security strategy
Iceland rejects reopening EU membership talks by 52.8%, preserving EEA ties while turning to new Arctic and international security partnerships.