Finland’s Nokia introducing 4.9G
201702.17
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Finland’s Nokia introducing 4.9G

We are all waiting for 5G smartphones with super speed internet which will also pave the way for new 5G-related services like self-driving cars, large scale Internet of Things as well as new augmented and virtual reality applications, Finnish Nokia recently announced introducing its 4.9G technology. 5G technology networks are expected to arrive in 2018….

The Nordic countries lead the world in the rule of law
201610.21
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The Nordic countries lead the world in the rule of law

Denmark, followed by Norway, Finland and Sweden turned out to enjoy the world’s best and fairest rule of law according to a new global ranking report by the World Justice Project (WSP). Rule of law is a fundamental condition for liberal democracy. More than 100,000 households and experts were surveyed to measure rule of law…

Finnish bank launches a credit card that lets users track their carbon footprint
201606.16
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Finnish bank launches a credit card that lets users track their carbon footprint

Baltic Sea Credit Card A small Finnish bank, Ålandsbanken, based on the autonomous Åland Islands but with offices in Finland and Sweden, is launching a new credit card to combat climate change. Made of renewable raw materials This new Baltic Sea Credit Card is made completely of renewable raw materials, is non-toxic and is biodegradable…

Nordea Bank launches platform for crowdfunding
201604.26
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Nordea Bank launches platform for crowdfunding

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Sweden’s Nordea Bank, the largest bank in the Nordic region, is launching a platform for crowdfunding where individuals can participate in the financing of unlisted companies through purchasing shares in such companies. The bank appears to be taking up the fight against startups in the fintech business. The platform is being announced today in Finland,…

201602.22
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Member of the Finnish-Swedish Chamber of Commerce

Scandicorp is today a member of the Finnish-Swedish Chamber of Commerce (FINSVE). The Chamber of Commerce helps especially small and medium sized Finnish businesses in entering the Swedish market. Scandicorp is convinced that many Finnish companies would benefit greatly from a presence in neighboring Sweden. Scandicorp will happily help with company formation and related accounting…

201601.25
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Finland and Sweden top Net Impact on Global Innovation

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Finland and Sweden rank 1st and 2nd respectively in how its domestic policies support worldwide innovation, according to an analysis released today by the Information Technology and Innovation Foundation (ITIF), a global technology policy think tank. The findings come in a new report assessing 56 countries—which together comprise close to 90 percent of the world’s…

201512.21
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Nordic countries are the best for business

Forbes gauged the World’s Best Countries for Business by grading 144 nations on 11 different factors: property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape, investor protection and stock market performance. Denmark scored first, Norway third, Sweden fifth, and Finland sixth. New Zeland was second and Ireland fourth. For full article

201512.02
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The Nordic countries among the top five in English skills

The EF English Proficiency Index 2015 (EF EPI) attempts to measure the Worldwide English Proficiency when it comes to English as a Second language. The Nordic countries ranked among the top five in the world: Sweden 1st place, followed by the Netherlands, Denmark, Norway and Finland. This year’s EF EPI report profiles all 70 ranked…

High Nordic rankings in ease of doing business
201510.29
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High Nordic rankings in ease of doing business

The Nordic countries ranked high in the world for doing business by the World Bank’s annual Doing Business 2016 report. Surveying a total of 189 countries, the list is widely considered the most authoritative in the world. The index takes into account regulations that affect facilitating the smooth flow of business. A total of 10…

201510.22
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Stockholm and Helsinki as the best cities for digital startups

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Stockholm was ranked third best followed by Helsinki as fourth best among 35 European cities for startups in a recent survey. The index released was created by UK-based innovation charity Nesta as part of the European Digital Forum. It rates cities by how well they create a supportive environment for digital companies, from local business…

201509.17
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Where to grow your business 2015

Grant Thornton, a large international network of independent accounting and consulting firms, just published their annual Global Dynamism Index (GDI) report for 2015 “Going beyond borders: Where to grow your business”. This index combines 22 indicators across five growth areas to rank the business growth environment of the 60 largest economies in the world. Finland…

201508.12
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Advantage of Finland’s lower corporate tax rate

On August 11th the Finnish crane and lifting company Konecranes announced an all-stock merger with the Connecticut based heavy equipment company Terex corporation. The new company will be based in Finland and be an industry leader with $10bn in annual revenues and a combined market value of $5.7bn. According to Financial Times the new company…

201508.12
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Finland and Sweden “Sleeping Giants of Mining”

Finland and Sweden are shaping up as a new exploration frontier for mining companies, as they widen their global hunt for metals from nickel to gold, according to Sirius Resources NL. A lack of exploration around existing mines in the two nations and a natural endowment of metals mark them out as a key target,…