Cooperative data

Finnish energy sector and cooperatives

Finnish energy sector and cooperatives

23.1.2023

Finland is a geographically large country with cold winters and a sizeable industrial sector. This effects in our need for energy. About 80 per cent of Finland’s electricity consumption is covered by own production and the remainder is imported from other countries. Mostly from Sweden. Finland is part of the pan-Nordic electricity market. The physical

Metsä Group – cooperatively owned Finnish forest company

Metsä Group – cooperatively owned Finnish forest company

23.1.2023

Finland is the most forested country in Europe and forests account for three quarters of Finland’s surface. The forest industry is a major contributor to wellbeing in Finland. The sector accounts for over 20 per cent of Finland’s export revenue and it is a major employer, especially in regional areas. In addition to traditional products

SME cooperatives 2021: A record few cooperatives were established

SME cooperatives 2021: A record few cooperatives were established

18.1.2023

The number of new cooperatives is falling for the eighth year in a row. Only 78 cooperatives were founded in 2021, compared to 92 the previous year. In 2019 the number of new cooperatives was 142 cooperatives, and a total of 235 we established in 2014. There is still a lot of work to be

<strong>Cooperative banks in 2021: Reflation worked wonders</strong>

Cooperative banks in 2021: Reflation worked wonders

18.1.2023

The reflation measures of governments and central banks offered banks the keys to success on a silver platter last year.  For example, OP Financial Group and Savings Bank Group characterized their results as record high. In 2022, their own skills will also be weighed. Banks’ money transactions with consumers went well last year. More loans

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