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Press Releases

More and more Finnish tourists are bringing their alcohol back from Estonia by car

The trend of carrying alcohol from Estonia is facing a downturn among Finns. However, those still partaking in the trend are carrying more alcohol than before. To control these 'booze trips', Finnish alcohol legislation should be reformed as soon as possible. All in all, the consumption of Finnish tourists in Estonia seems to remain unchanged. However, the international competition of e-commerce appears to be challenging Estonia as well, especially regarding shopping for clothes and footwear.

A digital consumer is eager to buy online – even from abroad

Even though the Finnish consumer usually carries out their online shopping in online shops that are available in Finnish, country borders are not considered an obstacle. More than 40% of transactions by Finnish online consumers go to foreign online shops. Taxation policy can also be used to influence the competitive prerequisites of Finnish commerce.

Commerce has picked up – tax wedge strains services

After several years of negative growth, commerce is now seeing a gentle upturn, which is expected to continue moderately over the next few years. However, the development of commerce and consumer services is hampered by the large double tax wedge, which considerably increases the price of services and erodes purchasing power. To ensure continued positive development in the sector, efforts to reduce the tax wedge must continue in the latter part of the present Government’s term of office.

Finnish Christmas consumption showing signs of perking up

Finns seem to have loosened their purse strings somewhat this Christmas, although consumers remain cautious. Most people do not purchase their Christmas gifts until December, but young people in particular also take advantage of Black Friday campaigns at stores. Changes in Christmas commerce are often also a predictor of retail trade in the coming year.

Finland threatens to fall behind in the development of payment methods – Consumers want payment to be easy

The development of various new methods of payment is one of the biggest global trends affecting commerce. Young consumers, in particular, are interested in contactless and mobile payment and the use of payment service companies. Especially small stores, however, do not possess the skills and resources needed to meet these expectations. This is why Finnish commerce sector companies should be supported, so that they will not get trampled by foreign competitors in development trends.

Janne Koivisto appointed EU Adviser of Finnish Commerce Federation

The Finnish Commerce Federation enhances influencing in the EU. Janne Koivisto, LL.M., B. Eng., 40, was appointed as adviser in charge of the Federation's EU matters. He will begin in this position on January 1, 2017.

Less regulation - Ministry of the Environment and Finnish Commerce Federation agree on restricting the use of plastic carrier bags

On 31 October 2016, Kimmo Tiilikainen, Minister of Agriculture and the Environment, and Juhani Pekkala, Managing Director of the Finnish Commerce Federation signed a Green Deal on actions to restrict the use of plastic carrier bags. This is the first time when an EU directive is implemented by a voluntary agreement instead of a legal instrument.