EN
In this paper, the thermopower (U) and hardness (HV) of FINEMET type glasses are studied during structural relaxation and beyond the crystallization onset. In this multicomponent alloy (Fe_{73.5-x}Si_{13.5}B_{9}Nb_{x}Cu_{1}) both property changes are more complex than that in binary Fe-B glasses. The phenomenon of relaxation and the crystallization onset can be successfully distinguished in both property changes. Simultaneously with the hardness increase, a slope increase in the thermopower versus temperature dependences was observed if crystallization started. The character of both property changes does alter drastically at the beginning of amorphous-nanocrystalline transformation. Similar trends were measured on samples undergoing traditional isothermal and pulse heat treatments.