Nordic Mining Halts Operations to Save Money
Nordic Mining has temporarily stopped mining operations to save money. The company has struggled with financing and is at risk of bankruptcy....
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Nordic Mining has temporarily stopped mining operations to save money. The company has struggled with financing and is at risk of bankruptcy....
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Nordic startup funding fell sharply in 2023, with Sweden capturing the largest share. Investor focus has shifted from growth to profitability,...
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Sweden's central bank cut rates to 2.0%, providing immediate relief to households with floating-rate mortgages. The move benefits real estate and...
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Finland's economic minister states that potential fuel distribution disruptions at Teboil stations would not threaten national fuel security. The...
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Flying Tiger Copenhagen is closing 18 stores across Denmark, including locations in Frederikshavn and Hjørring. The company says it's consolidating...
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Finland eliminates electricity tax subsidies for data centers while preparing replacement support. The move aims to increase tax revenues without...
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Helsinki vegan cafe chain Round enters corporate restructuring while evaluating two locations. The company faces financial challenges amid decreased...
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European trade authorities are investigating Norway's electricity price subsidy program after complaints from industry and environmental groups. The...
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Stockholm Arlanda Airport aims to become the Nordic region's largest airport by consolidating terminals and expanding facilities. The airport is...
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Volvo Cars has cut 1,000 office jobs across nearly all departments as part of a major restructuring. The Swedish automaker's workforce reduction...
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A Frederikshavn motor factory is expanding production to meet growing international demand. The Danish industrial company plans further increases...
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Finnish forestry giant Stora Enso saw profits fall 28% in the third quarter, largely due to startup costs at its new Oulu packaging board line. The...
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Finland's beloved R-Kiosk chain faces massive closures with one in five locations threatened. Former owners reveal disappointing earnings as the...
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Finnish electronics retailer Verkkokauppa.com reported strong third-quarter growth with revenue exceeding €130 million. The Windows 11 transition and...
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Iceland's new cruise ship infrastructure fee charges couples six times more than hotel overnight taxes. The policy aims to balance competition but...
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Norwegian unemployment held steady at 4.7 percent through September, affecting 144,000 workers. Officials note this is the highest sustained rate...
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Norway's Tax Authority may impose VAT on VG+ subscriptions, potentially costing the media company up to 500 million kroner. Schibsted disputes the...
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Volvo Cars is cutting 1,000 jobs in Sweden as part of cost reduction measures, despite reporting stronger-than-expected third quarter profits. The...
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Volvo Cars is cutting 1,000 jobs in Sweden despite reporting improved third quarter profits. The automaker continues its global cost reduction...
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Finnish construction firm SRV reported declining revenue and profits in Q3 as new construction demand remains weak. CEO Saku Sipola called the...
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Volvo Cars exceeded profit expectations following major workforce reductions. The Swedish automaker cut approximately 1,000 white-collar positions...
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Saimaan Autopiste in Mikkeli begins selling Fiat commercial vehicles, marking their first entry into the van market. The dealership expansion...
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Finnish telecom giant Elisa has initiated change negotiations that could eliminate up to 400 jobs in Finland. The restructuring aims to achieve €40...
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