Tim

Ruhrpott native in Finland's oldest city. Täl pual jokke. Machine guy, wannabe industrialist. Brrrr! 🏭🏗🚛

[Tim @TimRuhr]

Mea culpa, I should've mentioned the "new potato" season in this text. Everyone is looking forward to this. https://t.co/3whDg9dgi4

[Tim @TimRuhr]

*checks the calendar*

Oh, it's time to make fun of Finns for getting excited about potatoes.

[Tim @TimRuhr]

@EsaVakkilainen But it's true that Finland has built out wind power quite a lot. Nuclear could've been built out much more by buying from people who still know how to build them. Ideally, adding data centers and steel and aluminium plants wouldn't worry anyone.

[Tim @TimRuhr]

There's a plan for a very big aluminium plant in Kokkola and the electricity consumption is naturally very high so the plant is catching a stray bullet from the data center debate. Very important for Europe obviously, also because of side stream products.
https://t.co/axnGguV3KX

[Tim @TimRuhr]

@EsaVakkilainen Well that's a choice. Big industry produces at cost for itself via Pohjolan Voima and the model could have been used elsewhere but Fortum was listed and the municipal power companies are used as money printers for the municipalities.

[Tim @TimRuhr]

@downshifting___ Finland does have some kind of industrial policy but it's quite unrefined and doesn't focus on the fundamentals enough. Energy is one of the better ones.

[Tim @TimRuhr]

@Luckyioo I'd be totally okay building lots of nuclear power plants and less wind farms but we don't live in that world.

[Tim @TimRuhr]

When I left the Salo factory there were over 1000 people working there. Soon it's less than 400. It's a shame how the battery sector just stopped and then went into reverse a few years ago. Salo visibly began to get better when the plant expanded.
https://t.co/OMmfMzVwjX

[Tim @TimRuhr]

@KuittinenPetri In theory the surging electricity demand will drive much more power investment but we can't be sure that it will match the demand and not all data centers will be economically beneficial. Prices for households and industry must remain low, too.

[Tim @TimRuhr]

@KuittinenPetri I'm camp "aluminium plant + whatever data centers you can afford" and not "data centers en masse and maybe the aluminium plant". That thing just has to be built for commercial and non-commercial reasons. Ideally, there would be no need to choose but I guess we have to.

[Kim Väisänen @kimvaisanen]

Kun voitto jaetaan osinkokiimassa ulos, ei voida panostaa tuotekehitykseen, joka tuo tulevaisuuden tuotot ja kasvun:

Ulkomaisten suuryhtiöiden investoinnit R&D:n ovat 4,5 prosenttia suhteessa liikevaihtoon.

Suomalaisista suuryhtiöistä ainoastaan Nokia saavuttaa tämän tason.

[Tim @TimRuhr]

@PAstynome Passive funds have grown so much that it was only a matter of time until someone tried to game them on a massive scale. This is quite interesting actually. Might lead to some more discussions about the influence of passive investing that is long overdue.

[Tim @TimRuhr]

The goal should be to produce abundant clean power to not have to worry about a new aluminium plant. Industry will naturally follow. Taxation and unions are secondary issues that have been elevated for political reasons and this has derailed actual industrial policy for 15 years.

[Tim @TimRuhr]

Finland has cheap power and good infrastructure and I've said years ago that it will be a winner within Europe - some metal processing has already moved here - but it's probably not ambitious enough. Should've built out nuclear and renewables more over the last 10-15 years.

[Tim @TimRuhr]

@PAstynome Easiest mistake to correct for Japanese cash rich companies would be to increase pay and benefits. You might even get near-replacement fertility like in Fanuc town.

[Tim @TimRuhr]

I wonder what happened in 2012.

[Alex Günsberg @alex_gunsberg]

Finnish 🇫🇮 GDP growth (2006–2025 annual):

• 2025: +0.2%
• 2024: +0.4%
• 2023: –1.3%
• 2022: +0.8%
• 2021: +2.7%
• 2020: –2.5%
• 2019: +1.3%
• 2018: +1.2%
• 2017: +3.3%
• 2016: +2.6%
• 2015: +0.5%
• 2014: –0.5%
• 2013: –1.0%
• 2012: –1.5%
• 2011: +2.4%
• 2010: +3.2%
• 2009: –8.1%
• 2008: +0.8%
• 2007: +5.3%
• 2006: +4.0%

Latest update: Q1 2026 GDP grew +0.9% QoQ (equivalent to +1.1% YoY).

It’s hyperbolic to think Finland has entered a new growth trend. I will not invest a dime into Finland, but I’m bullish — especially on AI and the US ��🇸

[Tim @TimRuhr]

@cornu__copia @kestinen Tfw no salmiakki sandwiches

[Tim @TimRuhr]

@Jahaza Fake news, I don't see any ammonium chloride sandwiches.

[Tim @TimRuhr]

@jaskajo88768061 Minkä takia ei ollut kyseessä.

[Tim @TimRuhr]

Norwegians have this curious habit of announcing giant factory investments (battery cells, steel, e-fuel) and then cancelling or postponing them.
https://t.co/d3Z7MqPMYd