Järvi Group Exits Car Sales, Focuses on Leasing
The Järvi Group, a major Porvoo-based company, is ending consumer car sales. Its Loviisantie dealership will close in late February as the firm shifts entirely to business leasing.
Business
Finland Business News in English
Latest business news and updates from Finland in English.
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Järvisydän Oy Enters Corporate Restructuring
Eastern Finland's largest tourism firm, Järvisydän Oy, has entered corporate restructuring. The District Court of North Savo quickly approved the filing, and an administrator has been appointed to assess the company's financial situation.
Business
Three Auto Execs Axed Amid Finnish Car Market Slump
Three veteran CEOs at major Finnish car importers have been dismissed amid a prolonged slump in new vehicle sales. The leadership shake-up affects companies representing brands like Hyundai, Nissan, Renault, and Stellantis marques.
Business
Posti Share Jumps 8.6% on Strong Q4 Results
Posti Group shares jumped 8.6% after reporting stronger-than-expected fourth-quarter profits despite declining letter volumes. CEO Antti Jääskeläinen called on Finnish policymakers to modernize postal laws to sustain nationwide service obligations.
Business