Category Archives: Finland

Press Releases & News from Finland distributed via EuropaWire

Waste-to-Energy Power Plant In Kaunas Starts Investment

ESPOO, 20-Mar-2017 — /EuropaWire/ — The joint venture Kauno Kogeneracinė Jėgainė (KKJ), owned by Fortum and Lietuvos Energija, will build a waste-to-energy combined heat and power plant (CHP) in Kaunas, Lithuania. On 16th March KKJ signed contracts for the main equipment … Read the full press release

Outokumpu Provides 500 tonnes of Stainless Steel to Chinese Petrochemical Project

ESPOO, 20-Mar-2017 — /EuropaWire/ — Outokumpu delivers some 500 tonnes of Forta DX 2205 duplex stainless steel for the second-phase development of Jiaxing Petrochemical Co Ltd’s purified terephthalic acid (PTA) production facility in Zhejiang province, China. This investment in a new … Read the full press release

Wärtsilä introduces new solution for safer vessel operations; reduces risks associated with manoeuvring

HELSINKI, 13-Mar-2017 — /EuropaWire/ — The technology group Wärtsilä launches its latest innovation SmartPredict at this year’s Seatrade Cruise Global exhibition in Fort Lauderdale, Florida from March 13 to 16. Developed by the company’s Dynamic Positioning unit, SmartPredict is designed to … Read the full press release

Global leader in high-tech marine market enters joint venture to provide electrical and automation systems and equipment to China-based ships

HELSINKI, 13-Mar-2017 — /EuropaWire/ — Technology group Wärtsilä and China State Shipbuilding Corporation (CSSC) have signed a new joint venture company agreement. The new joint venture, to be known as CSSC Wärtsilä Electrical & Automation Co Ltd (CWE&A), will focus on … Read the full press release

Poyry Bags CEL II Engineer’s Services Assignment in Cambodia

HELSINKI, 10-Mar-2017 — /EuropaWire/ — Cambodian Energy II Co. Ltd. has awarded Pöyry with an owner’s engineer services assignment for CEL II, a 150 MW coal-fired power plant project in Sihanoukville, Cambodia. Cambodian Energy II Co. Ltd is a project company … Read the full press release

Poyry Shares Inspiring Insights at Berlin Tunnel Design & Construction Summit

HELSINKI, 10-Mar-2017 — /EuropaWire/ — Marcel Winter, Managing Director, Pöyry Switzerland, delivered an inspiring keynote talk on the lessons learned from complex underground projects at this year’s Tunnel Design & Construction Summit on 2nd March in Berlin. In his keynote, ‘Critical … Read the full press release

NIB Signs a 7-Year Loan Agreement With Valio Ltd. For Research

NIB and the Finnish dairy company Valio Ltd. have signed a 7-year loan agreement totalling EUR 40 million to finance the company’s research programme in 2016–2020. HELSINKI, 03-Mar-2017 — /EuropaWire/ — Valio’s R&D programme aims to develop new products to expand … Read the full press release

Wärtsilä becomes the preferred service supplier for PGS Geophysical AS

HELSINKI, 17-Feb-2017 — /EuropaWire/ — Wärtsilä and PGS Geophysical AS have signed a service agreement that makes Wärtsilä the preferred service supplier for engines and other Wärtsilä equipment. According to the agreement, Wärtsilä will take care of the maintenance of engines … Read the full press release

Wärtsilä to work with Seabin Project to address the worldwide littering problem affecting our oceans

HELSINKI, 10-Feb-2017 — /EuropaWire/ — The Finnish technology group Wärtsilä has signed an agreement with the Seabin Project to join their global pilot programme, which addresses the worldwide littering problem affecting our oceans. The project aims at approaching the challenge from … Read the full press release

Solikamsk Thermal Power Station in Russia to undergo modernization

HELSINKI, 10-Feb-2017 — /EuropaWire/ — Finnish technology group Wärtsilä will supply equipment for a 55 MW combined heat and power plant to Solikamsk, Russia, in order to modernize the Solikamsk Thermal Power Station. Wärtsilä’s scope covers an extended engineering and equipment … Read the full press release

Pöyry’s ‘Allmendli’ indoor swimming pool awarded ‘2016 Building of the Year’ by ‘Swiss Architects’

The stunning new ‘Allmendli’ indoor swimming pool, which is situated in Erlenbach on Lake Zurich’s gold coast, Switzerland, has been awarded ‘2016 Building of the Year’ by ‘Swiss Architects’ – one of the best-known internet platforms in the architectural sector. … Read the full press release

Swedish company Wibax Ab acquires Neste’s terminal in Pietarsaari

ESPOO, 02-Feb-2017 — /EuropaWire/ — Neste has sold its terminal in Pietarsaari to the Swedish company Wibax Ab. The terminal has not been used for Neste’s own operations for many years because the tanks and other facilities are not suitable for … Read the full press release

NIB issues its first public benchmark of 2017 — a new 5-year global USD 1.25 billion bond

On 24 January, NIB priced a new 5-year global USD 1.25 billion bond, the Bank’s first public benchmark of 2017. HELSINKI, 27-Jan-2017 — /EuropaWire/ — The issue has a final maturity of 1 February 2022, pays a semi-annual coupon of 2.125% and has an issue … Read the full press release

Outokumpu and Outotec reaches agreement on ferroalloys technology and the related license fees to Outokumpu

HELSINKI, 12-Jan-2017 — /EuropaWire/ — Outokumpu and Outotec have reached an agreement regarding innovations on ferroalloys technology and the related license fees to Outokumpu. The agreement follows the arbitral award of August 28, 2015 which confirmed that Outokumpu and Outotec are … Read the full press release

Fortum finalises acquisition of three wind power projects from the Norwegian company Nordkraft

ESPOO, 11-Jan-2017 — /EuropaWire/ — The transaction consists of the Nygårdsfjellet wind farm, which is already operational, as well as the fully-permitted Ånstadblåheia and Sørfjord projects. Fortum is preparing for the construction of the Ånstadblåheia and Sørfjord projects, expected to be commissioned in … Read the full press release

Hiab receives order for 14 loader cranes from the French logistics and truck rental company Guisnel

HELSINKI, 10-Jan-2017 — /EuropaWire/ — Hiab, part of Cargotec, has received an order for 14 HIAB loader cranes from the French logistics and truck rental company Guisnel. The value of the order is close to EUR 1 million and the order … Read the full press release

Hiab receives order for HIAB L-HiPro 145 cranes from Wincanton Plc

HELSINKI, 10-Jan-2017 — /EuropaWire/ — Hiab, part of Cargotec, has received an order for several HIAB L-HiPro 145 cranes from Wincanton Plc, a leading third-party logistics and supply chain solutions provider in the UK and Ireland. The value of the order … Read the full press release

Polar introduces its first-ever heart rate monitoring and GPS tracking apparel — the Polar Team Pro Shirt

Las Vegas, NV, U.S.A., 09-Jan-2017 — /EuropaWire/ — Polar, the leader in wearable sports technology, introduces an entirely new wearable category to their growing fitness portfolio, the Polar Team Pro Shirt. The company’s first-ever heart rate monitoring and GPS tracking apparel … Read the full press release

Ahlstrom completes sale of its German subsidiary with operations in Osnabrück to Kämmerer Paper Holding GmbH

HELSINKI, 05-Jan-2017 — /EuropaWire/ — Ahlstrom has completed the sale of its German subsidiary with operations in Osnabrück to Kämmerer Paper Holding GmbH. The transaction was announced on November 7, 2016. The parties have agreed not to disclose the purchase price … Read the full press release

Stora Enso divests its 100% shareholding in its Finnish subsidiary Formeca Oy to Amitec Oy

HELSINKI, 03-Jan-2017 — /EuropaWire/ — Stora Enso has today divested its 100% shareholding in its Finnish subsidiary Formeca Oy, a provider of high-quality machines for automated packaging lines, to Amitec Oy, a specialised engineering and machine construction company based in Finland. … Read the full press release

Neste to acquire former biodiesel plant in Sluiskil in the Netherlands from Electrawinds ReFuel B.V.

Neste to acquire pre-treatment and storage capacity for renewable raw materials in the Netherlands as part of the company’s growth program HELSINKI, 28-Dec-2016 — /EuropaWire/ — Neste has signed an agreement with Electrawinds ReFuel B.V. on the acquisition of a former … Read the full press release

Nordic Investment Bank (NIB) starts disclosing its purchases of green bonds

HELSINKI, 27-Dec-2016 — /EuropaWire/ — NIB starts disclosing its purchases of green bonds. First eight transactions have been published on the Bank’s website. Information on purchases made so far is available on this page. This page has been established in the … Read the full press release

NIB to co-finance advanced metering system and upgrades to the electricity networks in Nord-Trøndelag County, Norway

NIB has signed a 15-year loan agreement with NTE (Nord-Trøndelag Elektrisitetsverk Holding AS) to co-finance the roll-out of an advanced metering system (AMS) and upgrades to the electricity networks in Nord-Trøndelag County, Norway. HELSINKI, 27-Dec-2016 — /EuropaWire/ — NTE will install … Read the full press release

NIB and Sparbanken Skåne launch EUR 52M loan programme for on-lending to SMEs

NIB and Sweden’s Sparbanken Skåne have agreed on a loan programme totalling SEK 500 million (EUR 52 million) for on-lending to SMEs, small mid-caps, and environmental projects. HELSINKI, 27-Dec-2016 — /EuropaWire/ — The seven-year facility will finance SME and small mid-cap investments in a broad … Read the full press release

CapMan Plc to issue 56,967,318 new CapMan shares to Norvestia Oyj’s shareholders

This stock exchange release may not be published or distributed, in whole or in part, directly or indirectly, in or into or to any person located or a resident of the United States of America, Australia, Canada, Hong Kong, Japan, … Read the full press release

NIB provides EUR 24M to Estonia’s AS Tallinna Lennujaam for Tallinn Airport expansion

NIB and Estonia’s AS Tallinna Lennujaam have agreed on a loan of EUR 24 million for the expansion of the airside traffic area and the development of other investments at Tallinn Airport. HELSINKI, 19-Dec-2016 — /EuropaWire/ — The 13-year maturity loan will … Read the full press release

CapMan Plc schedule for share subscriptions with 2013 A and 2013 B stock options for 2017

Listing schedule for 2017 for share subscriptions based on CapMan Plc 2013 A and 2013 B stock options CapMan Plc has confirmed the schedule for share subscriptions with 2013 A and 2013 B stock options for the year 2017. HELSINKI, … Read the full press release

Lemminkäinen to build part of the complex city infrastructure for the new Stockholm Royal Seaport residential area

LEMMINKÄINEN TO BUILD PART OF THE CITY INFRASTRUCTURE FOR A NEW RESIDENTIAL AREA IN STOCKHOLM HELSINKI, 29-Nov-2016 — /EuropaWire/ — Lemminkäinen and the City of Stockholm have signed a contract on building part of the complex city infrastructure for the new … Read the full press release

Vaisala to reorganize its Weather Business Area into under four regions and two business lines

HELSINKI, 28-Nov-2016 — /EuropaWire/ — Vaisala reorganizes its Weather Business Area in order to simplify structure and operations and to better align with the strategy. Weather Business Area continues to develop industry leading weather observation products and services, which combine expertise … Read the full press release

Indonesia’s FiberStar to use Nokia’s equipment and services to help deploy IP/MPLS Metro Ethernet networks

FiberStar taps Nokia’s IP/MPLS technology to offer triple-play services to its customers, opening new revenue streams for the service provider The world-class infrastructure can be used in the future to offer dynamic services powered by SDN and NFV Jakarta, Indonesia, … Read the full press release