Bioretec has appointed Panu Mikkonen as chief financial officer from 6 October 2026, the fourth person to be named to the role since September 2025. The appointment itself is quite routine. What stands out is the pattern around it: of roughly 400 management-team changes at Finnish listed companies that Listeds has tracked so far in 2026, Bioretec's finance function stands out for cycling through four CFOs (two of them interim) in just over a year, a pace uncommon for the role. Read more »

Nyhrén joins from Intea and Newsec. He becomes CEO of Luotea Sweden by February 2027. His appointment came a day before the half-year results. They showed Sweden growing while Finland lagged and the group's profit guidance now leans on Sweden. Luotea Plc has appointed Rikard Nyhrén as chief executive of Luotea Sweden, with the Nasdaq Helsinki-listed facility services group saying he will take up the post no later than 5 February 2027. Read more »

The merger of Stainless Europe and Advanced Materials business lines into one Europe unit is the third change to Outokumpu's leadership team that Listeds has tracked in ten months, and it brings two of the Evolve strategy's four pillars under a single European leader. Read more »

Finland's GDP grew 0.9 per cent quarter-on-quarter in Q2 2026 — equivalent to roughly 3.6 per cent annualized. That's faster than the US's headline 1.5 per cent, a figure reported on an annualized basis that works out to about 0.37 per cent quarter-on-quarter. Once the two are put on the same footing, Finland's growth outpaces America's. But it came from fewer people working fewer hours. Read more »

Finland has recorded its first-ever case of African swine fever (ASF). On 30 July 2026, a resident near Vaalimaa in Virolahti found three dead wild piglets and brought them to the Finnish Food Authority. Preliminary tests came back positive. Read more »

As Mara Zavagno steps up to lead People & Culture, the pattern behind Konecranes' leadership churn comes into focus: four top-team seats have changed since early 2025, and every one has been filled from inside. Konecranes Plc announced on 29 July 2026 that it will promote Mara Zavagno to Executive Vice President, People & Culture, effective 1 October 2026. Zavagno joins the Leadership Team and reports to President and CEO Marko Tulokas. She succeeds Anneli Karkovirta, who retires after twelve years and leaves the Leadership Team on 1 August 2026. Read more »

The share has given back nearly half its June rally. Once the automatic fee-shares are removed, the insiders still trading on their own account lean one way, and it's the opposite way from the country's biggest pension funds. Read more »

Iberdrola, one of Europe’s largest electricity companies, is buying Caruna, the grid that powers 1.5 million Finns. The deal has reignited Finnish anger over foreign ownership of critical infrastructure, and reopened old wounds about how the grid was sold, priced and taxed in the first place. Read more »

Timo Ritakallio, President and Group CEO of Finland's OP Pohjola, has announced that he will retire on 1 July 2027 in line with his executive contract. He will continue in the role until his retirement date. Read more »

Emerging markets have underperformed developed markets for nearly 15 years, but something has shifted. Titanium's Portfolio Manager Joni Leskinen tells Listeds why he is overweight on South Korea, Taiwan, Brazil, and Poland, and why China and India have been pushed to the sidelines. Read more »

Panu Porkka was named CEO of the Year at the Nordic Listed Leaders Gala. He talks about the people he leans on, what he looks for in a leader, and why he thinks Finland could use a little more Swedishness. Read more »

Europe is talking loudly about rearmament and strategic autonomy. The harder question is whether private risk capital is showing up to match the rhetoric. One mapping of the venture landscape suggests the talk is still ahead of the money. Read more »

It's happening. On 21 September 2026, Listeds puts eight Nordic defence and dual-use companies on one stage in Helsinki — listed, pre-IPO and established growth companies — ten minutes each, in front of around a hundred investors and decision-makers. Read more »

Six of Finland’s most promising young listed-company leaders were recognized in Helsinki today at the Nordic Listed Leaders Future Leaders event. The evening’s most senior honor, CEO of the Year 2026, went to Janne Paavola, CEO of Nokian Panimo Oyj. Read more »

True innovation culture reveals itself when conditions are toughest. In this interview, Tuija Kalpala shares how a changing market forced Betolar to question its original path, and how that process unlocked a far more powerful vision. What began as a response to external pressure became a strategic turning point: a reminder that breakthroughs often emerge not from perfect plans, but from the courage to rethink them. This is a story of resilience, scientific curiosity, and leadership that chooses progress over comfort at Betolar. Read more »

Half of Finnish employees would now trade fixed pay for performance-linked bonuses, according to Mandatum's Reward and Compensation Survey 2026. The findings point to a broader shift in how employees view compensation, with variable pay gaining acceptance well beyond senior management and sales roles. Read more »

Finnish listed companies appointed 13 new CEOs in the first quarter of 2026.  At that quarterly pace, 2026 would deliver roughly 52 CEO changes, compared with 44 in 2025 — a step change in the rate of renewal at the top of the Finnish stock market. Read more »

Chinese courts have ruled that AI adoption alone does not justify dismissing workers. Finnish employers have far broader discretion — but the legal risk emerges earlier than many boards realize. Read more »

Pihlajalinna's announcement on Tuesday that it will cut around 220 positions, down from the 270 originally signalled, closes a restructuring arc that began six months ago. Read more »

Fortum’s appointment of Samu Paukkunen as Director, Geopolitics and Resilience, effective 1 June, is the latest sign that defence and security expertise is moving from the margins of Finnish corporate life to the executive table. Read more »

Raute Corporation has converted Arto Kaikkola's interim mandate into a permanent appointment as Chief Commercial Officer, effective today. Read more »

Finland’s president has floated an unlikely idea: that Canada could one day join the European Union. Behind it lies a deeper question about what Europe is becoming. Read more »

On a conference call stretching across continents, the atmosphere was formal and intense. On one side, an overwhelming assembly of executives, lawyers, and investors from one of the world’s largest economies. On the other side, a small Finnish team is trying to convince them of something ambitious: that a health technology developed in Finland could help change how the world predicts and prevents chronic disease. Read more »

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Katri Hokkanen, CFO of Valmet, will leave the company by the end of September 2026 after nearly 20 years with the group. On the same day, Kalmar announced her appointment as its new CFO and member of the management team, effective no later than October 1, 2026, succeeding Sakari Ahdekivi. Read more »

Finnish quantum computing company IQM has secured a €50 million financing package from funds managed by BlackRock, strengthening its capital base ahead of a planned public listing. Read more »

Taija Lehtola, Chief Human Resources Officer and member of the Group Management Team at Sitowise Group Oyj, will step down from her role by September 2026. Read more »

Ilmarinen’s Investment Director Annika Ekman explains how nomination committees of Finnish publicly listed companies have become one of the most strategic forces in corporate governance. Read more »

Finland is one of Europe’s most stable societies, yet its economy has grown slowly for years. Strategist Konstantinos Apostolatos argues the country lacks urgency and focus. Political strategist Taru Tujunen agrees reform can be slow, but says stability and consensus politics are also central to Finland’s success. Read more »

CEO transitions are a consistent focal point in annual reports and board discussions. What receives far less attention, in research and in practice, is how the executive team prepares itself for the change. And yet, this is where success or failure often begins. Read more »

“Five and a half million people with modest purchasing power and even weaker willingness to spend,” says Riku Vassinen, CEO of marketing communications agency Hasan and Partners, describing the Finnish market. It is, he adds, “a difficult combination. The market exists elsewhere.” Read more »

Some of the hardest board decisions are made when performance is solid, and the pressure is internally driven. In 2025, Aspo’s board chose to act anyway, applying private-equity-style discipline to make structural decisions that will reshape the company. Read more »

The Helsinki market processed a fresh batch of earnings updates today, with several mid-cap names reporting mixed results. Investor reactions were cautious, with Aspo, Framery, and Wulff all trading lower by the close despite generally improving underlying performance. Read more »

Terveystalo has appointed Hilppa Rautpalo as Senior Vice President, Human Resources and a member of the Group Management Team. She will assume the role no later than 14 August 2026 and report to President and CEO Ville Iho. Read more »

Global CEO confidence is cooling, with only a minority expecting revenue growth in the year ahead. In contrast, Finnish CEOs are more optimistic about their companies’ 12-month revenue prospects than peers in the United States, Germany, and the United Kingdom, according to PwC’s latest survey. Read more »

A Finnish fashion brand worn by Jennifer Lawrence, Rosie Huntington-Whiteley, and Kelly Rutherford may look like an overnight success story. In reality, Almada Label’s rise into Hollywood closets has been the result of deliberate global positioning from day one. It is also a reminder that in a small market, scale begins with mindset. Read more »

When boards take time to evaluate their own performance, their companies are more likely to report successful growth outcomes. Read more »

Startup founders and investors across Europe paid close attention when Ursula von der Leyen, president of the European Commission, took the stage at the World Economic Forum in Davos yesterday. Read more »

When Carl Haglund became chief executive of KH Group, the transition did not unfold over months. It took days. Read more »

According to fresh figures from the Association of Finnish Travel Industry (SMAL), Finns are still travelling — even as the economy tightens and climate concerns reshape behaviour. Travel agency sales grew again in 2025, up just over four percent. Travel hasn’t disappeared. It has softened, stretched, and rearranged itself. Read more »

When I want to know where to eat next — not just a good restaurant, but the right one — I have one person I always call: Sara Vanninen. Read more »

For more than a decade, the global startup economy has been fixated on unicorns—companies valued at more than one billion dollars. Valuations became a shorthand for success, often disconnected from the underlying business reality. That era is now fading. In its place, a more demanding benchmark is taking hold: revenue. Read more »

I’m a coach, and over the years, I’ve studied neuroscience to understand what actually helps people feel better and function better.  Read more »

We spend years developing our skills and judgment, but rarely examine the inner voice that shapes how we use them. Inspired by the Saboteur Assessment, this piece looks at how that critic operates and what can change when you start noticing it instead of following it.  Read more »

If Finland had to pick one flavor that defines Christmas desserts, it would be simple: plum jam. It’s also the heart of the Finnish Christmas tart (joulutorttu), the childhood memory, the scent that fills the kitchen every December. But what if you could get the exact same taste, or even better? Read more »

Listeds takes a peek into different markets. In this article, we go through Miki Aho’s insights on the Japanese market. He distills a simple message for Nordic leaders: if you want to succeed in Japan, or simply learn from it, start with rigorous planning and uncompromising quality. Read more »

Leadership fashions rarely move in straight lines. Our discussion with Sami Itani, professor of practice at Aalto University School of Business, suggests they may once again be shifting away from three decades of soft, empathetic management and toward a harder style built on clarity, accountability, and performance. Read more »

In management books, layoffs are described as an unfortunate but sometimes necessary instrument for safeguarding a company’s future. At Listeds, we started looking into this topic because many leaders told us they felt left out of the conversation: media stories tend to focus on those who lose their jobs (as the stories should), but rarely on the moral and emotional strain on the person delivering the news.  Read more »

The Nordic model faces an existential test: can a region built on meaningful work keep its soul in the age of machines? For decades, the Nordic world of work has been the envy of many: flat hierarchies, trust-based management, and a deeply held belief that work should be purposeful as well as productive. Now, artificial intelligence has arrived in Nordic boardrooms and break rooms alike — not with the menace of mass redundancy, but with a subtler challenge: meaning. Read more »

I’ve always loved gadgets and apps, from drones to meditation tools. Unfortunately, most have ended up collecting dust, but there are three that have truly stayed with me. Read more »