News from Finland

This is an experimental news service that offers news from Finland in English. A venture from Malloc Enterprises, Inquiries by email: [email protected]

Tax authorities in Finland matching Bitcoin transactions & bank transfers to collect tax on crypto trading profits

A vast majority of people who have made profits with cryptocurrency trading have not reported the wins to the tax authorities in the previous years. With the Bitcoin boom of late 2017 it is expected that Finns gained ov…

Linnanmäki amusement park in Helsinki to open Europe's most intense roller coaster ride in 2019

The Linnanmäki amusement park in Helsinki will have a new flagship ride. The Taiga roller coaster ride is said to offer the most intense experience in Finland, if not in the whole of Europe. Construction is already unde…

University of Oulu and Nokia Bell Labs to begin 6G mobile network research

The 6G cellular network research at University of Oulu has been chosen as a flagship project for the Academy of Finland. The funding for the research aims to produce next generation mobile networks that will be in use i…

Nasdaq operated stock exchanges in Europe halted by fire extinguisher sound that broke server hard drives

The Helsinki stock exchange was offline for hours on Wednesday due to a system outage. The system outage was caused by a false fire alarm that triggered a fire extinguishing system whose sound destroyed hard drives in s…

Proposed 400€ annual electric bicycle subsidy canned in Finland

Ministry of transport and communications is freezing the preparation of the eBike subsidy. The planned annual 400 euro subsidy was announced in March, but was deemed unfeasible by the governing bodies. The proposed subs…

Urban IKEA store in Helsinki inches forwards with city council approval

In early March the Swedish furniture giant IKEA revealed it's plans of building of a store in the Finnish capital Helsinki. Now Helsinki city council has decided to reserve real estate for the proposed IKEA shopping …