Saturday, December 5, 2009

Nokia to axe 330 jobs in Finland, Denmark


HELSINKI — Nokia, the world's biggest mobile phone maker, said on Friday it would shed about 330 jobs in Finland and Denmark as part of a streamlining of its vast research and development operations.

"The planned changes are expected to affect up to 230 employees at Nokia's Oulu site in Finland and approximately 100 employees at Nokia's Copenhagen site," the firm said in a statement.

Nokia said it would try to find new positions within the company for the impacted employees and could offer voluntary redundancy packages for some.

Shares in Nokia fell on the news and were down 1.65 percent to 8.95 euros (13.31 dollars) on the Helsinki stock market, down 0.6 percent at around 1130 GMT.

It added it currently had some 17,000 employees in research and development, of which more than 2,000 in Oulu and more than 1,000 in the Danish capital.

The mobile phone giant launched a cost-cutting programme last January, after its earnings fell as consumers cut back on buying handsets amid the global financial crisis.

The programme aims to generate more than 700 million euros (1.0 billion dollars) in annual savings.

Before Friday, Nokia had announced about 3,700 job reductions since January, including around 1,300 voluntary redundancy packages.

Last month Nokia posted a surprise swing into red when it reported a third-quarter net loss of 559 million euros amid rising competition in the smartphone market and problems with its Nokia Siemens Networks joint venture.

The next day, it named Timo Ihamuotila as its chief financial officer, in replacement of Rick Simonson.

Earlier this month, Nokia Siemens Networks announced it would cut between 4,500 and 5,800 jobs by 2011 to boost profitability.

Source:http://www.google.com/hostednews/afp/article/ALeqM5gGuYEs191aOa6jhYHNtcBQLEfzFg

Finland - EU Heads of State or Government to discuss Copenhagen Climate Change Conference

On Thursday 3 December, the Government announced Finland's representation at the European Council taking place in Brussels on 10 and 11 December. Prime Minister Matti Vanhanen will represent Finland at the meeting.

The European Council is to develop the EU’s positions for the Copenhagen conference on climate change to be opened on Monday 7 December. EU Member States will take part in the negotiations on the basis of the positions commonly agreed on in the Union. Key themes to be discussed include short-term climate finance and the EU’s transition to a more stringent emission reduction target.

In addition to these topics, the European Council is to address the economic, financial and employment situation. The meeting will consider exit strategies for public finances to shift from short-term stimulus measures to medium and longer-term measures. Guidelines concerning the supervision of the financial market will also be discussed. In addition, EU Heads of State or Government are to adopt the so-called Stockholm Programme in the field of justice and internal affairs, covering the period 2010-2014.

The preparation and work of the meeting will be carried out in accordance with the Lisbon Treaty which entered into force on Tuesday 1 December. However, as per the decision made by the European Council in December 2008, the Prime Minister of Sweden – representing the Swedish EU Presidency – will remain the chair of the meeting. Each Member State has one seat at the meeting.

Source:isria.com/

Finland expects for political agreement at Copenhagen Climate Conference

HELSINKI, (Xinhua) -- Finland pledges to do all it can to push for a political agreement at the upcoming Copenhagen Climate Conference, according to a statement issued by Finnish government on Friday.

As one of the greatest challenges the world faces nowadays, the impacts of climate change have been seen around the globe and believed to worsen, said Finnish government in the statement. If the world does not take coordinated actions to tackle it at once, the global ecological system could thus be ruined and the food supplies as well as sustainable development will be under threat.

According to the statement, although it is not expected that the Copenhagen Conference will be able to reach a legally binding treaty, expectations are high for political agreement. Finland will thus do all it can to promote consensus on a political treaty, which is in the interest of all sides.

Finland's President Tarja Halonen and Prime Minister Matti Vanhanen will attend the Copenhagen Climate Conference in December, leading a delegation with nearly 70 members.

Source:xinhuanet.com/

Finland tells Russia to prove value of new European security pact


Russia has to show how its proposed treaty on European security would be an improvement on the continent's current institutions, Finland's foreign minister said on Tuesday.

"I believe that European security has been very well served over the past 60 years by three organizations - the OSCE, the EU and NATO. So it is necessary to prove the added value of a new security structure," Alexander Stubb told journalists on the sidelines of the OSCE ministerial meeting in Athens.

President Dmitry Medvedev first suggested a new treaty on European security in June 2008, proposing that the principle of indivisible security be legally sealed in international law, preventing any state or organization from strengthening their security at the expense of others.

A draft of such a treaty was posted on the Kremlin web site on Sunday, and has been sent to heads of state and chief executives of the EU, NATO, the Organization for Security and Cooperation in Europe (OSCE), the Collective Security Treaty Organization (CSTO) and the post-Soviet Commonwealth of Independent States (CIS).

The draft document says, in particular, that "in exercising its right of self-defense under Article 51 of the Charter of the United Nations, it shall be entitled to render the attacked Party, subject to its consent, the necessary assistance, including the military one, until the UN Security Council has taken measures necessary to maintain international peace and security."

ATHENS, December 1 (RIA Novosti)

Source:ian.ru/

Finland confirms human-to-pig transmission of A/H1N1 flu

HELSINKI, (Xinhua) -- Finland has confirmed the country's first known human-to-pig transmission of A/H1N1 influenza, said Finnish Food Safety Authority and Finnish National Institute for Health and Welfare in a statement on Monday.

According to the agencies, samples taken from some pigs of a pig farm in Southern Pohjanmaa region, west in the country tested positive for the A/H1N1 flu viruses.

Finland has confirmed a total of 7,038 cases of A/H1N1 flu by Monday, reporting 16 fatalities related to the disease. The epidemic of A/H1N1 flu has peaked in all parts of the Finland, with signs to subside in northern part of the country. A massive vaccination plan against A/H1N1 flu covering the entire population is under way in the country.

Source:xinhuanet.com/

Agnico-Eagle says drilling finds upside at projects in Finland and Mexico

TORONTO - Agnico-Eagle Mines Ltd. (TSX:AEM) said Monday that drilling results support the company's position that there is considerable exploration upside at its Kittila project in Finland and Pinos Altos project in Mexico.

"Based on these recent drilling results, it is possible that Kittila will become our largest gold deposit, and one of the largest in Europe," chief executive Sean Boyd said in a statement.

"Additionally, Pinos Altos appears that it will ultimately support several stand-alone satellite zones which will supplement the production from the main Santo Nino deposit."

Agnico-Eagle has operations or projects in Quebec, Nunavut, Finland, Mexico and the United States.

In October, the company reported that it produced 30,000 fewer ounces of gold than it expected to in the third quarter due to difficulties at several of its new mines.

The Kittila mine in Finland, which began production last January, averaged production of about 2,000 tonnes per day with the amount of metal recovered from the ore averaging a less-than-optimal 64 per cent in the quarter.

Problems at several other mines also contributed to the disappointing third-quarter results.

The Lapa mine in the Abitibi region of northwestern Quebec, which began production in May, averaged production of 1,200 tonnes a day versus capacity of 1,500 tonnes a day.

In addition, production problems at the newly operating Pinos Altos mine in Mexico slowed Agnico-Eagle's ability to refine its ore, and the company produced a lower grade of ore than expected at its Goldex mine, also in Quebec.

The gold miner cut its 2009 production guidance to about 500,000 ounces and lowered its 2010 production guidance from 1.2 million ounces to between one million and 1.1 million ounces.

Source:brandonsun.com/

Finland Looks to Heat an Entire City With Excess Server Heat

In the battle against Climate Change, many are looking for the proverbial "silver bullet" that will solve all the world's energy problems at once.

Whether it's ethanol from corn or fusion nuclear reactors, much of the public expects to power their cars and homes on "the gasoline of tomorrow" made from some inexhaustible and carbon-free resource that is easy and abundant.

While that is a great goal, it is looking less likely as time goes on. In reality, our future is looking increasingly electric, with a number of alternative energy projects like solar, geothermal, wind, hydrothermal, and nuclear plants teaming up together to power the growing energy needs of the world.

The good news is as the power structure becomes less centralized, more innovative inventions will sprout up, moving us further towards efficiently using the power we already produce. And the Europeans aren't waiting for us. They are already taking steps to make sure they are ready long before American's even notice we are running out of oil...

"The Helsinki Heathers"

In Helsinki, -20 degrees is not an uncommon reading to see on the thermometer. Add on the fact that it's -20 degrees Celcius, and you know it's cold. That means that when energy prices are high, heating homes can be an expensive and difficult prospect for Finnish families.

Proving invention is the product of necessity, Helsingin Energia, a utilities provider in the Nordic capital, has come up with an innovative way to use the energy they already use to the fullest.

Helsingin Energia (HE) is going to use a new heating and cooling pump to recycle excess heat from a large data center to generate serious amounts of energy.

The data center is being built in an old bomb shelter connected directly to HE's direct heating system — a set of pumps that move boiling water through a system of pipes to heat homes around the city.

How It Works

First, cold water is pumped through the data center to cool the servers; this warmer water is then drawn into a large pump, where it is then further heated to boiling temperatures.

Once the water is hot enough to actually heat a building, it is pumped through buried pipes to Helsinki's residential districts to heat homes.

It is then pumped back to the server room to restart the cycle.

This system is extremely efficient, as it is 5 times cheaper than traditional energy sources. The idea is that you have hot air that needs to be cooled in the data center in close proximity to cold air (inside residential spaces) that needs to be heated.

By using water as the transport medium, Helsingin Energia can provide more energy at a cheaper price.

Putting It Into Perspective

This technology is not limited to Helsinki though. Not in the least. In fact, the people at Helsingin Energia want business leaders worldwide to know that this technology can be applied in a variety of settings and can be installed on a mass scale.

When you consider that about .5% of the world's total energy use is dedicated solely to cooling IT servers, you can see how much power could be saved by making this type of HVAC system smarter.

It's innovations like these that almost seem too simple. There are no overly-complex power transfer locations or new infrastructures to install; rather, people have found a way to use the power they are already producing in the smartest and most efficient way.

The simple and proven principle of using water as a medium for exchanging heat proves to save a frozen city millions of euro, while looking to the future to protect the environment. And, as Americans look to address our own energy issues, one can only hope that our leaders look to Europe's success as a model for our own infrastructure's development.

Source:energyandcapital.com/