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Corruption In Finland
Finland's overall corruption is relatively low, according to public opinion and global indexes and standards. The 2022 Corruption Perceptions Index released by Transparency International scored Finland at 87 on a scale from 0 ("highly corrupt") to 100 ("very clean"). When ranked by score, Finland shared second place with New Zealand among the 180 countries in the Index, where the country or countries ranked first are perceived to have the most honest public sector. For comparison, the best score was 90 (ranked 1), the worst score was 12 (ranked 180) and the average was 43. According to a 2013 Transparency International survey, an overwhelming majority of people in Finland do not witness cases of corruption by public officials or institutions in their lifetime. Existing corruption tends to be structural, arising from a network of wealthy individuals who favor each other in business; private companies have no disclosure requirements. The few instances of corruption involving the ...
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Flag Of Finland
The flag of Finland ( fi, Suomen lippu, sv, Finlands flagga), also called ' ("Blue Cross Flag"), dates from the beginning of the 20th century. On a white background, it features a blue Nordic cross, which represents Christianity. The state flag has a coat of arms in the centre but is otherwise identical to the civil flag. The swallow-tailed state flag is used by the military. The presidential standard is identical to the swallow-tailed state flag but also has in its upper left corner the Cross of Liberty after the Order of the Cross of Liberty, which has the president of Finland as its grand master. Like Sweden's, Finland's national flag is based on the Scandinavian cross. It was adopted after independence from Russia, when many patriotic Finns wanted a special flag for their country, but its design dates back to the 19th century. The blue colouring is said to represent the country's thousands of lakes and the sky, with white for the snow that covers the land in winter. This ...
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Jyrki Katainen
Jyrki Tapani Katainen (born 14 October 1971) is a Finnish politician who served as the European Commission's Vice-President for Jobs, Growth, Investment and Competitiveness from 2014 until 2019. Katainen was previously Prime Minister of Finland from 2011 to 2014 and chairman of the National Coalition Party from 2004 to 2014. He was succeeded by Alexander Stubb as chairman of Finland's National Coalition Party. After stepping down as Prime Minister, Katainen was elected as European Commission Vice-President in July 2014. Education and personal life Katainen was born in Siilinjärvi, a town in Finland. He graduated from Siilinjärvi Senior High School in 1990. He obtained a Master's degree in political science from the University of Tampere, spending one year at the University of Leicester as an Erasmus exchange student. Jyrki Katainen has two children: Saara (born in 2005) and Veera (2009). In addition to Finnish, Katainen speaks English, French and Swedish. Katainen is an accom ...
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Jaakko Pöyry
Jaakko Veikko Emanuel Pöyry (August 6, 1924 in Sodankylä – September 8, 2006 in Helsinki) was a Finnish industrialist. He founded Pöyry ( OMX: POY1V) and personally oversaw its growth from a small engineering office to a global consulting and engineering firm focusing on the energy, forest industry and infrastructure and environment sectors. It changed its name from Jaakko Pöyry Group in 2006. The company is headquartered in Vantaa Vantaa (; sv, Vanda, ) is a city and municipality in Finland. It is part of the inner core of the Finnish Capital Region along with Helsinki, Espoo, and Kauniainen. With a population of (), Vantaa is the fourth most populated city in Finland ..., Finland. Sources * External links Poyry 20th-century Finnish businesspeople People from Sodankylä 1924 births 2006 deaths {{Finland-bio-stub ...
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UPM (company)
UPM-Kymmene Oyj is a Finnish forest industry company. UPM-Kymmene was formed by the merger of Kymmene Corporation with Repola Oy and its subsidiary United Paper Mills Ltd in 1996. UPM consists of six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. The Group employs around 17,000 people and it has production plants in 12 countries. UPM shares are listed on the NASDAQ OMX Helsinki stock exchange. UPM is the only paper company which is listed in the global Dow Jones Sustainability Index and the only forest industry company invited to the United Nations Global Compact LEAD sustainability leadership platform. UPM is the owner and maintainer of the Verla mill, which has been a museum since 1972 and a UNESCO World Heritage Site since 1996. History The company's oldest mill was Papeteries de Docelles located in northeastern France, which produced traditional handpaper at the end of 15th century. The mill got its fi ...
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Casimir Ehrnrooth
Göran Albert Casimir "Casse" Ehrnrooth, titled ''Vuorineuvos'' (April 6, 1931 – July 8, 2015), was a Finnish magnate and former chairman of the Nokia Corporation. His business career began in the forest industry, and later he was a director of UPM-Kymmene and Merita-Nordbanken. The eldest son of the President of Nordic Union Bank, one of the then two biggest banks in Finland, Ehrnrooth inherited substantial holdings in important companies from both his paternal and maternal families. His paternal family were in banking, while his maternal forefathers were founders of Fiskars and Kaukas industries. His earlier family tree includes notable military men. He had a degree in law from Helsinki University. Kaukas Casimir Ehrnrooth succeeded his maternal relatives as President and CEO of Kaukas paper factory, in small town of Lauritsala (annexed to Lappeenranta in 1967), Southern Karelia in 1962; and he served there for a long time. Casimir Ehrnroth was successor of Jacob von Jul ...
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Helsingin Sanomat
''Helsingin Sanomat'', abbreviated ''HS'' and colloquially known as , is the largest subscription newspaper in Finland and the Nordic countries, owned by Sanoma. Except after certain holidays, it is published daily. Its name derives from that of the Finnish capital, Helsinki, where it is published. It is considered a newspaper of record for Finland. History and profile The paper was founded in 1889 as ''Päivälehti'', when Finland was a Grand Duchy under the Tsar of Russia. Political censorship by the Russian authorities, prompted by the paper's strong advocacy of greater Finnish freedoms and even outright independence, forced Päivälehti to often temporarily suspend publication, and finally to close permanently in 1904. Its proprietors re-opened the paper under its current name in 1905. Founded as the organ of the Young Finnish Party, the paper has been politically independent and non-aligned since 1932. During the Cold War period ''Helsingin Sanomat'' was among the Finn ...
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Tax Avoidance
Tax avoidance is the legal usage of the tax regime in a single territory to one's own advantage to reduce the amount of tax that is payable by means that are within the law. A tax shelter is one type of tax avoidance, and tax havens are jurisdictions that facilitate reduced taxes. Tax avoidance should not be confused with tax evasion, which is illegal. Forms of tax avoidance that use legal tax laws in ways not necessarily intended by the government are often criticized in the court of public opinion and by journalists. Many corporations and businesses that take part in the practice experience a backlash from their active customers or online. Conversely, benefiting from tax laws in ways that were intended by governments is sometimes referred to as tax planning. The World Bank's World Development Report 2019 on the future of work supports increased government efforts to curb tax avoidance as part of a new social contract focused on human capital investments and expanded social p ...
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Heinrich Kieber
Heinrich may refer to: People * Heinrich (given name), a given name (including a list of people with the name) * Heinrich (surname), a surname (including a list of people with the name) *Hetty (given name), a given name (including a list of people with the name) Places * Heinrich (crater), a lunar crater * Heinrich-Hertz-Turm, a telecommunication tower and landmark of Hamburg, Germany Other uses * Heinrich event, a climatic event during the last ice age * Heinrich (card game), a north German card game * Heinrich (farmer), participant in the German TV show a ''Farmer Wants a Wife'' * Heinrich Greif Prize, an award of the former East German government * Heinrich Heine Prize, the name of two different awards * Heinrich Mann Prize, a literary award given by the Berlin Academy of Art * Heinrich Tessenow Medal, an architecture prize established in 1963 * Heinrich Wieland Prize, an annual award in the fields of chemistry, biochemistry and physiology * Heinrich, known as Haida in Ja ...
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LGT Bank
LGT Group is the largest family-owned private banking and asset management group in the world. LGT, originally known as The Liechtenstein Global Trust, is owned by the princely House of Liechtenstein through the Prince of Liechtenstein Foundation and led by its family members H.S.H. Prince Max von und zu Liechtenstein (CEO) and H.S.H. Prince Philipp von und zu Liechtenstein (chairman). Organization LGT is headquartered in Vaduz, Liechtenstein, with a key presence in Zurich, Switzerland. The company maintains 3,405 employees in over 20 offices around the globe, Asia, Australia, Europe, the Middle East and North America. LGT operates through several divisions: * Private Banking - LGT Private Banking provides wealth management services to private clients * Alternative Asset Management - LGT Capital Partners is an alternative investment manager, with around $60 billion of capital invested in investment funds, hedge funds and private equity investments * Philanthropy and Impac ...
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Finnwatch
Finnwatch is a Finnish civic organisation focused on global corporate responsibility. It seeks to promote ecologically, socially or economically responsible business by engaging companies, economic regulation and public discussion. Behind Finnwatch there are Finnish development and environment organisations and trade unions. The member organisations of Finnwatch are Service Centre for Development Cooperation), Trade Union Solidarity Centre of Finland, Friends of the Earth Finland, Finn Church Aid, Attac Finland, Pro Ethical Trade and Kehys. The organisation monitors the impacts of business actions of Finnish or strongly Finnish-related companies in developing countries. Based on its research Finnwatch contributes to public discussion and seeks to influence on Finnish and EU corporate responsibility policy. Finnwatch started operating November 1, 2002, as a cooperation project of some civic organisations and trade unions. In 2009 Finnwatch was registered as a separate associati ...
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Tax Havens
A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national), and tax compliance refers to policy actions and individual behaviour aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs. The first known taxation took place in Ancient Egypt around 3000–2800 BC. A failure to pay in a timely manner ( non-compliance), along with evasion of or resistance to taxation, is punishable by law. Taxes consist of direct or indirect taxes and may be paid in money or as its labor equivalent. Most countries have a tax system in place, in order to pay for public, common societal, or agreed national needs and for the functions of government. Some levy a flat percentage rate of taxation on personal annual income, but mos ...
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Taloussanomat
''Taloussanomat'' is the largest business online daily newspaper in Helsinki, Finland. History and profile ''Taloussanomat'' was first published on 18 November 1997. The final printed number (the 2537th) was published on 28 December 2007 when it went online-only. It has its headquarters in Helsinki. ''Taloussanomat'' is owned by Sanoma, owner of ''Helsingin Sanomat ''Helsingin Sanomat'', abbreviated ''HS'' and colloquially known as , is the largest subscription newspaper in Finland and the Nordic countries, owned by Sanoma. Except after certain holidays, it is published daily. Its name derives from that of ...''. In 2010 it was the thirteenth most visited website in Finland in 2010 and was visited by 643,954 people per week. References 1997 establishments in Finland 2007 establishments in Finland Daily newspapers published in Finland Defunct newspapers published in Finland Finnish-language newspapers Newspapers published in Helsinki Online newspapers with defunct p ...
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