finland

Stora Enso To Cut More Jobs As Forestry Market Weakness Persists

Finnish forestry firm Stora Enso said it could lay off about 1,000 employees as part of a restructuring plan aimed at boosting profits and competitiveness...

Kesko Sees Grocery Sales Up 4% In Full-Year 2023

Finland's Kesko generated sales worth €12 billion between January and December 2023, registering a marginal (-0.1%) decline compared to the previous y...

Finland’s Valio Invests Over €10m In New Preprocessing Facility

Finnish dairy firm Valio has invested more than €10 million in a new preprocessing facility at its plant in Suonenjoki.

Drinks Group Anora Lowers Profit Guidance

Nordic drinks group Anora has lowered its full-year profit guidance for full-year 2023, with the company now expecting comparable EBITDA for the year to be...

EU Countries Back Law To Curb Packaging Waste

European Union countries backed a new EU law to cut packaging waste, but agreed to seek exemptions for certain sectors.

Kesko Group Sees Sales Decline By 3.5% In November

Finland-based Kesko Group has reported a 3.5% year-on-year decline in sales to €998.2 million in November.

Finnish Scientists Unveil Process For Producing Lab-Grown Coffee

The VTT Technical Research Centre of Finland has released detailed information on producing lab-grown coffee in its recently published article.

Portugal's Sonae Launches €868m Takeover Of Finnish Pet Care Retailer Musti

A consortium led by Sonae, which owns Portugal's largest food retailer, has launched a tender offer on all the shares in Finnish pet care retailer Musti, i...