Category Archives: Finland

Press Releases & News from Finland distributed via EuropaWire

CapMan and PwC Launch #Steps4Tukikummit Charity Campaign for Children and Youth

(IN BRIEF) CapMan and PwC have initiated a collaborative charity campaign, #Steps4Tukikummit, aiming to raise over EUR 100,000 for the Tukikummit foundation in support of children and youth. The campaign encourages employees and clients to walk and run together, with … Read the full press release

Neste Corporation Releases Comprehensive Annual Report for 2023, Compliant with ESEF Reporting Standards

(IN BRIEF) Neste Corporation has officially published its Annual Report for the year 2023, available in Finnish and English on the company’s website. The report encompasses key sections such as the Strategy and Business Review, Sustainability Report, Corporate Governance Statement, … Read the full press release

Outokumpu Completes EUR 50 Million Share Buyback Program, Acquires 11 Million Shares

(IN BRIEF) Outokumpu has successfully concluded its share buyback program, announced on November 29, 2023, with a total expenditure of EUR 45,669,553.67 million. Under this initiative, Outokumpu repurchased 11,000,000 of its own shares, representing approximately 2.4% of the company’s total … Read the full press release

Outokumpu Oyj repurchased 269,993 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) In a recent update, Outokumpu has successfully concluded its share repurchase program, acquiring a total of 269,993 shares across various trading venues. The buyback initiative, initially announced on November 29, 2023, authorized by the Annual General Meeting, aimed … Read the full press release

Leading the Charge: Nordic Leaders Fortum and Hydrovolt Team Up to Revolutionize Battery Recycling

(IN BRIEF) Fortum Battery Recycling and Hydrovolt, two prominent players in sustainable battery recycling, have formed a strategic alliance to drive the Nordic battery industry forward. Hydrovolt will supply black mass generated from EV battery recycling to Fortum’s plant in … Read the full press release

Outokumpu Oyj repurchased 71,000 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, has successfully concluded its share repurchase program, acquiring a total of 71,000 of its own shares across trading venues CEUX and XHEL. The company initiated the buyback program on November 29, 2023, … Read the full press release

Driving Environmental Excellence: Metso Elevates Emission Reduction Efforts with Cutting-Edge Scrubber Pilot Plant

(IN BRIEF) Metso has installed a state-of-the-art multi-purpose scrubber pilot plant at its R&D center in Frankfurt, Germany. This facility will focus on developing and optimizing gas cleaning processes, particularly simultaneous scrubbing of SO2 and NOx at low temperatures. Equipped … Read the full press release

Outokumpu Oyj repurchased 60,404 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu has concluded its share repurchase program, acquiring a total of 60,404 of its own shares across various trading venues, amounting to EUR 249,067.53. This move follows the announcement of a share buyback program of up to 11 … Read the full press release

Outokumpu Oyj repurchased 543,921 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu has concluded its share repurchase program, acquiring a total of 543,921 of its own shares across various trading venues. This initiative, part of a larger buyback program announced in November 2023, aimed to repurchase up to 11 … Read the full press release

Anu Haapala Appointed Director of Development for University of Helsinki’s Teaching and Learning Services

(IN BRIEF) Anu Haapala, Doctor of Philosophy in Education, has been named the new director of development for the University of Helsinki’s Teaching and Learning Services sector, effective April 1, 2024. With a background spanning over a decade in research … Read the full press release

Outokumpu Oyj repurchased 267,107 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu finalized its share repurchase program on February 23, 2024, acquiring a total of 267,107 of its own shares across various trading venues. The company’s buyback initiative, initiated on November 29, 2023, aimed to repurchase a maximum of … Read the full press release

Outokumpu Oyj repurchased 39,634 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu concluded its share repurchase program, acquiring a total of 39,634 of its own shares across trading venues CEUX and XHEL on February 22, 2024. The weighted average price per share stood at EUR 4.1, totaling EUR 162,562.24. … Read the full press release

NIB Achieves Record Demand with Largest-Ever USD Bond Issue

(IN BRIEF) Nordic Investment Bank (NIB) recently priced a five-year USD 1.5 billion global benchmark bond, marking its first USD benchmark issuance of 2024. The transaction saw unprecedented demand, with the orderbook surpassing USD 4.5 billion, making it NIB’s largest … Read the full press release

The Baltic Drive Towards Energy Autonomy Amid Geopolitical Shifts

(IN BRIEF) Amidst geopolitical tensions triggered by Russia’s actions in Ukraine, the Baltic States are accelerating their journey towards energy independence and sustainability. Historically reliant on Russian energy flows, the Baltics are now fast-tracking efforts to diversify their energy sources, … Read the full press release

The latest on quantum computing in Europe, January 2023 – February 2024

(IN BRIEF) Europe has made significant progress in quantum computing with investments, partnerships, and innovations. Highlights include a €3.5 million investment in LioniX International by the University of Twente, and T-Systems offering cloud access to IBM’s quantum systems. Other developments … Read the full press release

Outokumpu Oyj repurchased 124,402 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, has finalized its share repurchase program, acquiring a substantial number of treasury shares across multiple trading venues. With a maximum of 11 million shares earmarked for repurchase and approval from the Board … Read the full press release

Ingka Group’s Investment Arm Acquires 23,883 Hectares of Forestland Across the Baltics for Responsible Forest Management

(IN BRIEF) Ingka Investments, the investment arm of Ingka Group, has acquired 23,883 hectares of land, including 19,276 hectares of forestland, across Finland, Estonia, and Latvia. This acquisition aligns with their commitment to responsible forest management. The properties contain a … Read the full press release

Kalmar Secures Order for Electric and Hybrid Straddle Carriers to Enhance Sustainability at Hutchison Ports ECT Rotterdam

(IN BRIEF) Kalmar, a subsidiary of Cargotec, has finalized a deal to provide Hutchison Ports ECT Rotterdam with two fully electric and eight hybrid straddle carriers for its ECT Delta terminal, as part of a fleet renewal initiative. Scheduled for … Read the full press release

Outokumpu Oyj repurchased 183,340 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) On February 20, 2024, Outokumpu finalized the repurchase of its own shares as part of a previously announced buyback program. The transactions, conducted across various trading venues, resulted in the acquisition of 183,340 shares at a total cost … Read the full press release

CapMan Social Real Estate Fund Expands Portfolio with Acquisition of Porcelænshaven Property in Copenhagen

(IN BRIEF) CapMan Social Real Estate (CMSRE) has acquired Porcelænshaven, a historic office and educational property in Frederiksberg, Copenhagen, fully leased to Copenhagen Business School (CBS). With 19,300 m2 of lettable space, the property, nestled near Frederiksberg Gardens, dates back … Read the full press release

Outokumpu Oyj repurchased 2,744 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, concluded its share buyback program initiated in November 2023, purchasing a total of 2,744 shares across trading venues. The company had authorized a maximum buyback of 11 million shares with a budget … Read the full press release

Nordic Investment Bank Partners with Kemira Oyj to Boost Green Chemistry Innovation

(IN BRIEF) The Nordic Investment Bank (NIB) has inked a EUR 50 million loan agreement with Kemira Oyj, a Finnish chemicals company, to fund Kemira’s research and development endeavors from 2023 to 2026 in Espoo, Finland. The loan, spanning over … Read the full press release

De Grey Mining Awards Metso Orders for Key Equipment at Hemi Gold Project

(IN BRIEF) De Grey Mining Limited has contracted Metso to supply crucial equipment, including a Superior™ MKIII 50-65 primary gyratory crusher and two 14MW Premier™ ball mills, for its Hemi Gold Project in Western Australia’s Pilbara region. With a combined … Read the full press release

Outokumpu Oyj repurchased 4,265 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu finalized the repurchase of its own shares on February 16, 2024, as part of its previously announced buyback program. The company acquired a total of 4,265 shares across trading venues, totaling EUR 17,743.85. This move aligns with … Read the full press release

Harnessing Online Data to Combat Biodiversity Crisis: University of Helsinki Study

(IN BRIEF) A study led by Dr. Andrea Soriano-Redondo and researchers from the University of Helsinki proposes leveraging online digital data, including social media posts, news articles, and image-sharing platforms, to complement traditional biodiversity monitoring efforts. Published in the journal … Read the full press release

University of Helsinki Study Reveals Temperature-Dependent Splitting of Quadruply Quantized Vortices in Superfluids

(IN BRIEF) A recent study from the University of Helsinki sheds light on the behavior of quadruply quantized vortices in superfluids, demonstrating that these vortices can split in three distinct ways depending on temperature. Led by doctoral researcher Xin Li, … Read the full press release

Experienced Professional Hanna Maula Joins Neste as VP of Communications

(IN BRIEF) Hanna Maula, an experienced professional in communications and brand management, has been appointed as Vice President of Communications and Brand at Neste, effective no later than June 1, 2024. She will report directly to Hannele Jakosuo-Jansson, Executive Vice … Read the full press release

Outokumpu Oyj repurchased 80,325 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu finalized its share repurchase program on February 15, 2024, purchasing shares on two trading venues. The total cost amounted to EUR 330,701.62 for 80,325 shares. This action is in line with the company’s previously announced buyback program … Read the full press release

Outokumpu Oyj repurchased 350,906 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu has finalized the repurchase of its own shares, as outlined in its recently announced buyback program. The company completed transactions across multiple trading venues, acquiring a total of 350,906 shares at an average price of EUR 4.1 … Read the full press release

Outokumpu and V-ZUG Pioneer Green Stainless Steel for Sustainable Appliances

(IN BRIEF) Outokumpu, a leader in sustainable stainless steel, joins forces with V-ZUG, a Swiss premium home appliance manufacturer, to introduce the world’s first towards-zero stainless steel. Utilizing Outokumpu Circle Green®, boasting up to a remarkable 93% reduction in carbon … Read the full press release

Nokia Unveils MX Workmate: AI-Powered Tools Enhance Industrial Workflows

(IN BRIEF) Nokia launches MX Workmate, a suite of tools for industrial workers, leveraging AI to improve man-machine interaction. MX Workmate facilitates real-time communication, enhances worker safety, and boosts productivity in OT environments. The solution addresses workforce shortages and stringent … Read the full press release

Vaisala Corporation Calls for Annual General Meeting to Discuss Key Agenda Items

(IN BRIEF) Vaisala Corporation has announced its Annual General Meeting, scheduled for Tuesday, March 26, 2024, at the company headquarters in Vantaa, Finland. The meeting agenda includes various crucial matters such as the election of board members, adoption of financial … Read the full press release

Vaisala Introduces Performance Share Plan to Drive Long-Term Growth and Employee Commitment

(IN BRIEF) Vaisala’s Board of Directors greenlights a Performance Share Plan aimed at supporting the company’s growth strategy and aligning the interests of shareholders and key employees for long-term value creation. The plan, spanning from 2024 to 2026, offers potential … Read the full press release

Finnish Study Reveals Maternal Genetic Influence on Adult Heart Health

(IN BRIEF) The Finnish study led by Taru Tukiainen explores the link between prenatal growth conditions and adult cardiovascular health. Contrary to previous theories suggesting maternal nutrition as the primary factor, the research suggests that maternal genetic factors influencing fetal … Read the full press release

Outokumpu Oyj repurchased 51,461 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu has successfully concluded its share repurchase program, acquiring its own shares across various trading venues. With meticulous detail provided on the number of shares, weighted average prices, and total costs, the company has demonstrated transparency in its … Read the full press release

Metsä Group and ANDRITZ Forge Partnership to Slash Supply Chain Greenhouse Gas Emissions

(IN BRIEF) In a groundbreaking collaboration, Metsä Group and technology supplier ANDRITZ have joined forces to tackle Scope 3 greenhouse gas emissions, targeting reductions across their value chains. This partnership aims to revolutionize emission management by identifying innovative solutions that … Read the full press release

Neste Launches High-Power Charging Stations to Accelerate Electrification of Heavy-Duty Vehicles in Finland

(IN BRIEF) Neste takes a significant step towards accelerating the electrification of heavy-duty vehicles (HDVs) in Finland by introducing its first high-power charging stations for business customers. Located at the Neste Janakkala Linnatuuli service station along highway 3, these charging … Read the full press release

Neste Holds Strong as Finland’s 2nd Most Valuable Brand: Brand Finance Ranking 2024

(IN BRIEF) Neste maintains its position as the second most valuable Finnish brand for the third consecutive year, according to the latest Brand Finance Finland 25 2024 ranking. The world’s leading independent brand valuation consultancy, Brand Finance, reports a 13% … Read the full press release

Chilean Copper Mining Project Awards Metso EUR 55 Million Equipment Contract

(IN BRIEF) Metso has secured a significant contract worth approximately EUR 55 million to supply essential concentrator equipment for a copper mining project in Chile. The order includes a range of high-capacity equipment such as crushers, vibrating screens, regrinding mills, … Read the full press release

Fortum Receives A- Rating for Climate Efforts in 2023 CDP Report

(IN BRIEF) Fortum achieved an A- rating for its climate efforts in the 2023 Carbon Disclosure Project (CDP) report, showing significant improvement from its previous B rating. The company’s enhanced score reflects advancements in risk disclosure, value chain engagement, and … Read the full press release