Business & market signals
Financial shifts, corporate moves, and signals shaping Finnish businesses.
Statistics Finland upgrades 2025 growth outlook to 0.8% after export surge
Finland’s economy performed better than expected in 2025, but the recovery remains uneven. Revised figures show GDP grew 0.8 percent, four times the pace initially estimated, driven largely by stronger exports and a rebound in several industrial sectors. Read more »

Statistics Finland upgrades 2025 growth outlook to 0.8% after export surge
Finland’s economy performed better than expected in 2025, but the recovery remains uneven. Revised figures show GDP grew 0.8 percent, four times the pace initially estimated, driven largely by stronger exports and a rebound in several industrial sectors. Read more »

Kesko makes its biggest acquisition yet with Dahl deal
Kesko has agreed to acquire Dahl's operations in Sweden, Norway, and Denmark from French building materials group Saint-Gobain in a deal valued at €1.2 billion, excluding lease commitments. The acquisition, the largest in Kesko's history, would add nearly €2.1 billion in annual revenue and strengthen the retailer's position in one of the Nordic construction market's more resilient segments. Read more »

Kesko makes its biggest acquisition yet with Dahl deal
Kesko has agreed to acquire Dahl's operations in Sweden, Norway, and Denmark from French building materials group Saint-Gobain in a deal valued at €1.2 billion, excluding lease commitments. The acquisition, the largest in Kesko's history, would add nearly €2.1 billion in annual revenue and strengthen the retailer's position in one of the Nordic construction market's more resilient segments. Read more »

Reaktor's IPO closes early as investor demand exceeds supply
Reaktor's IPO attracted far more demand than available shares, prompting the company to close its public offering early. According to Kauppalehti, the retail tranche was multiple times oversubscribed, underscoring investor appetite for one of Finland's most closely watched technology listings in recent years. Read more »

Reaktor's IPO closes early as investor demand exceeds supply
Reaktor's IPO attracted far more demand than available shares, prompting the company to close its public offering early. According to Kauppalehti, the retail tranche was multiple times oversubscribed, underscoring investor appetite for one of Finland's most closely watched technology listings in recent years. Read more »

ECB prepares first rate hike since 2023 as inflation pressure returns
The European Central Bank is expected to raise interest rates today for the first time since 2023, marking a significant shift in Europe’s monetary policy stance. Economists surveyed by Bloomberg expect the ECB to lift its deposit rate by 25 basis points to 2.25% as policymakers respond to inflationary pressure linked to the ongoing conflict in the Middle East. Read more »

ECB prepares first rate hike since 2023 as inflation pressure returns
The European Central Bank is expected to raise interest rates today for the first time since 2023, marking a significant shift in Europe’s monetary policy stance. Economists surveyed by Bloomberg expect the ECB to lift its deposit rate by 25 basis points to 2.25% as policymakers respond to inflationary pressure linked to the ongoing conflict in the Middle East. Read more »

Leadership moves
CEO, board, and executive changes in listed companies.
Aki Gynther takes permanent CEO role at Alisa Bank as focus shifts to SME growth
Aki Gynther, who has served as Alisa Bank's interim CFO and deputy CEO since March, has been appointed chief executive officer with immediate effect, becoming the permanent successor to Sampsa Laine, who left the role in February. Read more »

Aki Gynther takes permanent CEO role at Alisa Bank as focus shifts to SME growth
Aki Gynther, who has served as Alisa Bank's interim CFO and deputy CEO since March, has been appointed chief executive officer with immediate effect, becoming the permanent successor to Sampsa Laine, who left the role in February. Read more »

Relais M&A chief Seppänen steps up as interim CFO amid returns-focused strategy
Sebastian Seppänen, Relais Group's director of M&A and business development, has been appointed interim chief financial officer, as the vehicle aftermarket consolidator shifts its focus from acquisition-led expansion toward profitability, cash generation and returns on capital. Read more »

Relais M&A chief Seppänen steps up as interim CFO amid returns-focused strategy
Sebastian Seppänen, Relais Group's director of M&A and business development, has been appointed interim chief financial officer, as the vehicle aftermarket consolidator shifts its focus from acquisition-led expansion toward profitability, cash generation and returns on capital. Read more »

Fastest-growing business head Sami Asikainen becomes Wulff CEO
Sami Asikainen, former head of Wulff Group's personnel services business, has been appointed chief executive officer of Wulff Group Plc, effective immediately. The 54-year-old succeeds Elina Rahkonen after less than nine months on the group executive board and takes charge as the company pursues an ambitious plan to nearly double revenue by 2030. Read more »

Fastest-growing business head Sami Asikainen becomes Wulff CEO
Sami Asikainen, former head of Wulff Group's personnel services business, has been appointed chief executive officer of Wulff Group Plc, effective immediately. The 54-year-old succeeds Elina Rahkonen after less than nine months on the group executive board and takes charge as the company pursues an ambitious plan to nearly double revenue by 2030. Read more »

Duell's fourth leadership change in 10 months as CPO Anne-May Asplund exits
Anne-May Asplund will leave Duell Corporation as chief people officer on September 15, 2026, becoming the fourth senior leadership departure or appointment at the company in the past 10 months as CEO Tomi Virtanen reshapes the management team. Read more »

Duell's fourth leadership change in 10 months as CPO Anne-May Asplund exits
Anne-May Asplund will leave Duell Corporation as chief people officer on September 15, 2026, becoming the fourth senior leadership departure or appointment at the company in the past 10 months as CEO Tomi Virtanen reshapes the management team. Read more »

Danfoss CTO Janne Kuivalainen joins Kempower as CTO
Janne Kuivalainen, CTO and head of technology at Danfoss Power Electronics and Drives, will join Kempower Oyj as chief technology officer and a member of its global leadership team in October 2026. The appointment brings more than 25 years of experience in power electronics, software platforms, and international R&D leadership to the Finnish EV charging company as it expands internationally, invests in AI-driven engineering capabilities, and works to improve profitability. Read more »

Danfoss CTO Janne Kuivalainen joins Kempower as CTO
Janne Kuivalainen, CTO and head of technology at Danfoss Power Electronics and Drives, will join Kempower Oyj as chief technology officer and a member of its global leadership team in October 2026. The appointment brings more than 25 years of experience in power electronics, software platforms, and international R&D leadership to the Finnish EV charging company as it expands internationally, invests in AI-driven engineering capabilities, and works to improve profitability. Read more »

Carpenter Co.'s Sami Huusari joins Eagle Filters Group as CEO
Sami Huusari, most recently division manager at Carpenter Co., will join Eagle Filters Group Oyj as chief executive officer on Aug. 24, 2026, as the filtration technology company enters a new phase of growth backed by a record €7.7 million order backlog. Huusari succeeds Acting CEO Jussi Joki-Tokola, who will step down from the executive role and continue as vice chairman of the board. Read more »

Carpenter Co.'s Sami Huusari joins Eagle Filters Group as CEO
Sami Huusari, most recently division manager at Carpenter Co., will join Eagle Filters Group Oyj as chief executive officer on Aug. 24, 2026, as the filtration technology company enters a new phase of growth backed by a record €7.7 million order backlog. Huusari succeeds Acting CEO Jussi Joki-Tokola, who will step down from the executive role and continue as vice chairman of the board. Read more »

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