(IN BRIEF) The Nordex Group celebrates surpassing 5 GW of installed capacity in the Nordic region with the installation of a N163/5.X turbine at the Kalistanneva wind farm in Finland. With over 1,200 turbines across Denmark, Finland, Sweden, and Norway, … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Finland, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden
Tagged Denmark, Finland, Ibrahim Özarslan, Kalistanneva Wind Farm Installation, Nordex Group, Norway, partnership, sustainability, Sweden, Till Junge
(IN BRIEF) Metsä Group and ANDRITZ are pioneering the integration of carbon capture technology within a bioproduct mill, marking a global first in sustainable forestry practices. This strategic collaboration aims to seamlessly incorporate carbon capture modules into the mill’s operations, … Read the full press release
Posted in Austria, Business, Environment, Financial, Finland, Industrial, Investment, Management, News, Technology
Tagged Andritz, bioproduct mill, Carbon Capture Integration, Finland, Metsä Group, partnership, Sari Pajari-Sederholm, sustainability
(IN BRIEF) Cargotec Corporation’s demerger plan, approved on February 1, 2024, is set to split its Kalmar business area into a new entity, Kalmar Corporation. Shareholders will receive demerger consideration in the form of new shares in Kalmar. Cargotec has … Read the full press release
Posted in Business, Environment, Financial, Finland, Industrial, Investment, Management, News, Transportation & Logistics
Tagged Cargotec, demerger, Financial, investment, Kalmar, partnership, sustainability
(IN BRIEF) A recent study led by the University of Helsinki reveals a concerning link between periodontitis and stroke risk in individuals under 50 years old without known predisposing factors. The severity of periodontitis correlates with the severity of stroke, … Read the full press release
Posted in Business, Education, Financial, Finland, Healthcare, Industrial, Investment, Management, News, Science, Technology
Tagged Jukka Putaala, oral health, periodontitis, Pirkko Pussinen, stroke, Susanna Paju, University of Helsinki, wellness, Young Adults
(IN BRIEF) Neste, Borealis, and Covestro have partnered to recycle discarded tires into high-quality plastics for automotive applications, aiming to drive circularity in the plastics value chain. Through this collaboration, old tires are transformed into raw materials, processed into base … Read the full press release
Posted in Austria, Automotive, Business, Chemicals, Environment, Financial, Finland, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged automotive, Borealis, Covestro, Finland, Germany, Guido Naberfeld, Jeroen Verhoeven, Neste, partnership, plastics, sustainability, Thomas van de Velde, tires
(IN BRIEF) Metso unveils the reintroduction of its OtoVentTM off-gas treatment technology, designed to quench various types of off-gases in non-ferrous and ferrous metallurgical processes, as well as in oil, gas, and chemical plants. Widely utilized in modern copper smelters, … Read the full press release
(IN BRIEF) Associate Professor Linda Mannila assumes the inaugural Swedish-language professorship in computer science at the University of Helsinki, funded by seven Swedish-language foundations. Her research focuses on the societal impacts of artificial intelligence (AI), particularly addressing ethical considerations and … Read the full press release
(IN BRIEF) In response to the pressing need for safe housing for internally displaced persons (IDPs) in Ivano-Frankivsk, a city in western Ukraine, the European Union and Nefco have undertaken a transformative initiative. With approximately 41,000 IDPs seeking refuge in … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, European Union, Financial, Finland, Government, Industrial, Investment, Management, News, United Kingdom
Tagged EU, internally displaced persons (IDPs), Ivano-Frankivsk, Jocelin Cornet, NEFCO, partnership, Ruslan Martsinkiv, social housing, sustainability, UKRAINE, University Facilities
(IN BRIEF) The Modern Cooking Facility for Africa (MCFA) has joined forces with ENGIE Energy Access Mozambique to advance clean cooking solutions in Mozambique, backed by EUR 1.3 million in funding. Through ENGIE’s subsidiary in Mozambique, innovative biodigester technology will … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Technology
Tagged Africa, Alexandra Links, biodigester technology, Cooking Solutions, ENGIE Energy Access Mozambique, Kari Hämekoski, Modern Cooking Facility for Africa (MCFA), Mozambique, NEFCO, partnership, Sistema.bio, sustainability
(IN BRIEF) Stora Enso and Altris, a Swedish sodium-ion battery developer, have joined forces to propel the advancement and commercialization of a sustainable battery value chain in Europe. The collaboration centers on integrating Stora Enso’s Lignode®—a sustainable hard carbon derived … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden
Tagged Altris, Battery Solutions, Björn Mårlid, eco-friendly, Europe, Juuso Konttinen, partnership, Stora Enso, Stora Enso's Lignode®, sustainability, Sweden
(IN BRIEF) In a significant stride towards sustainability, Finnish tractor manufacturer Valtra, a division of AGCO Corporation, proudly announces the utilization of 5 million liters of Neste MY Renewable Diesel™ at its Suolahti factory in Finland. Collaborating with Neste since … Read the full press release
(IN BRIEF) Neste’s Porvoo refinery in Finland successfully concluded a major turnaround, highlighting a strategic shift to shorter maintenance intervals for enhanced cost-effectiveness and risk management. With over 7,600 individuals involved and 1.4 million working hours invested, the refinery emerged … Read the full press release
(IN BRIEF) Fortum marks a significant milestone today as it integrates 250 employees into its hydropower operations and maintenance team across Sweden and Finland. A decade ago, Fortum outsourced these functions but revisited the decision in 2023, opting to bring … Read the full press release
(IN BRIEF) In a collaborative effort to reimagine gift packaging, Marimekko, the renowned Finnish design house, partnered with Stora Enso, a leading provider of renewable packaging solutions. The aim was to create a new, sustainable packaging portfolio featuring Marimekko’s iconic … Read the full press release
Posted in Business, Environment, Finland, Industrial, Marketing
Tagged 60th anniversary, Anna Kjellberg, brand identity, Business Expansion Division, Eija Salmela, enhanced user experience, environmental responsibility, Finnish design house Marimekko, innovative packaging solutions, Marimekko, Nordic design solution, Nordic forests, packaging solutions, recyclable packaging, renewable certified materials, renewable material, Stora Enso, sustainability perspective, Sustainable packaging, Unikko print
(IN BRIEF) Neste has released its annual Green Finance Report for 2023, showcasing its dedication to combatting climate change and advancing toward a circular economy. In 2023, Neste achieved significant milestones in its sustainable funding journey, including the establishment of … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Investment, Management, News
Tagged Financial, Hanna Maula, investment, Martti Ala-Härkönen, Neste, sustainability
(IN BRIEF) Fortum announces plans to modernise the low-pressure turbines at its Loviisa nuclear power plant, beginning in 2026 as part of lifetime extension investments aimed at ensuring reliable electricity production until 2050. With the Finnish Government granting a new … Read the full press release
(IN BRIEF) Outokumpu has appointed Ulla Paajanen as the Senior Vice President of Investor Relations & Strategic Advisory, effective June 3, 2024. With extensive experience in capital markets, particularly within the process industry, Ulla brings a wealth of knowledge in … Read the full press release
(IN BRIEF) Germany’s recent approval of unrestricted sales of 100% renewable diesel, following the DIN EN 15940 fuel standard, marks a significant milestone in the country’s journey towards decarbonizing its transport sector. Neste, a leading producer of renewable fuels, welcomes … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Germany, Government, Industrial, Investment, Management, News
Tagged Germany, Jörg Hübeler, Neste, partnership, renewable diesel, sustainability
(IN BRIEF) Neste, Marubeni Corporation, and Resonac Corporation have formed a partnership to facilitate the production of renewable olefins and derivatives. Through this agreement, Neste’s renewable feedstock, Neste RE™, will be utilized by Resonac at its Oita Complex in Japan, … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News
Tagged Carrie Song, Hanna Maula, Hirotsugu Fukuda, Japan, Marubeni, Neste, Olefins, partnership, renewable, Resonac, sustainability, Yoshiaki Yokota
(IN BRIEF) Vietnam Airlines achieved a significant milestone by operating its inaugural flight fueled by Neste MY Sustainable Aviation Fuel™, becoming Vietnam’s first airline to utilize sustainable aviation fuel (SAF) for commercial passenger flights. The Airbus A321, departing from Changi … Read the full press release
(IN BRIEF) Gasum and Equinor have entered into a long-term contract for Gasum to supply LNG to Equinor’s dual-fuel chartered fleet of vessels, building on their successful previous collaboration. Gasum’s bunker vessels Coralius, Kairos, and Coral Energy will facilitate bunkering … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Norway, Transportation & Logistics
Tagged Equinor, Gasum, LNG Supply, maritime transport, Norway, partnership, sustainability
(IN BRIEF) CapMan Infra and Telia Company’s joint venture, Valokuitunen Oy, has emerged as the leading fibre-to-the-home (FTTH) provider in Finland, witnessing exponential growth from 20,000 to over 300,000 households within a few years. The company’s success is attributed to … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged CapMan Infra, Fiber Landscape, Finland, Harri Halonen, Heikki Kaunisto, partnership, Sauli Antila, sustainability, Sweden, Telia Company, Valokuitunen
(IN BRIEF) A groundbreaking study conducted by researchers from the University of Helsinki, the Finnish Institute for Health and Welfare, the University of Jyväskylä, and the University of Manchester suggests that mental disorders could be transmitted between individuals within social … Read the full press release
Posted in Business, Education, Finland, Government, Healthcare, Industrial, Management, News, Science, Society, United Kingdom
Tagged Christian Hakulinen, Finnish Institute for Health and Welfare, mental disorders, Social Networks, transmission, University of Helsinki, University of Jyväskylä, University of Manchester
(IN BRIEF) At the 77th Cannes Film Festival, the European Investment Fund (EIF) and the European Commission announced agreements aimed at bolstering SMEs and small mid-caps in Europe’s cultural and creative sectors. These agreements, supported by the InvestEU programme, involve … Read the full press release
Posted in Art & Culture, Banks, Business, Economy, Environment, Financial, Finland, France, Germany, Government, Industrial, Investment, Luxembourg, Management, News
Tagged Alessandro Tappi, Creative Sectors, cultural, European Investment Fund, Finland, France, Germany, InvestEU Agreements, partnership, SMEs, sustainability, Thierry Breton
(IN BRIEF) Thales and Nokia have been awarded a contract by Transport for London (TfL) to enhance the communications infrastructure supporting the London Underground. This comprehensive renewal aims to ensure peak performance of TfL’s multi-services network (MSN), minimizing risks, disruptions, … Read the full press release
Posted in Business, Environment, Financial, Finland, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom, United Kingdom
Tagged Andy Bell, communications network, London Underground, Matthieu Bourguignon, Nokia, partnership, Rebecca Bissell, sustainability, Thales
(IN BRIEF) Gasum has inaugurated its latest gas filling station in Rovaniemi, Finland, marking the northernmost liquefied gas filling station globally. Positioned strategically in the Teollisuuskylä industrial village area, the station aims to facilitate the transition to biogas-powered vehicles in … Read the full press release
(IN BRIEF) The University of Helsinki undertook a thorough evaluation of all its bachelor’s, master’s, and doctoral programs during the 2023–2024 academic year, led by a group chaired by University Chancellor Kaarle Hämeri. Highlighting education as a crucial strategic asset, … Read the full press release
Posted in Business, Education, Finland, Industrial, Management, News
Tagged Education Quality, Jenna Sorjonen, Kaarle Hämeri, University of Helsinki
(IN BRIEF) Outokumpu, a leading manufacturer in sustainable stainless steel, has secured the ResponsibleSteel certification for all its production facilities in Europe, making it the first Nordic company to earn this accolade for all seven of its sites across Finland, … Read the full press release
Posted in Business, Environment, Finland, Germany, Government, Industrial, Management, Media, Metals and Minerals, News, Security & Safety, Sweden
Tagged Anna Vainikainen, Annie Heaton, Finland, Germany, Heidi Peltonen, Nordics, Outokumpu, ResponsibleSteel Certification, safety, sustainability, sustainable steel production, Sweden
(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel production, has once again been honored as one of Europe’s Climate Leaders by the Financial Times. This recognition underscores Outokumpu’s commitment to reducing greenhouse gas emissions and advancing transparency in … Read the full press release
Posted in Awards, Business, Environment, Finland, Industrial, Management, Metals and Minerals, News
Tagged Awards, Climate, Europe, Johann Steiner, leadership, Outokumpu, sustainability
(IN BRIEF) The Nordic Investment Bank (NIB) has entered into an uncommitted credit facility of EUR 100 million with the Wellbeing Services County (WSC) of North Savo, Finland, marking their second loan agreement. This 20-year loan is designated for the … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) has finalized a 15-year USD 50 million investment loan agreement with Iceland’s transmission system operator, Landsnet hf., to support the construction and enhancement of substations, underground cabling, and overhead lines from 2023 to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Government, Iceland, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged expansion, Iceland, Landsnet, NIB, partnership, sustainability
(IN BRIEF) The Nordic Investment Bank (NIB) has inked a 10-year loan agreement with the City of Stockholm to fund the construction of the world’s largest underground wastewater treatment facility at Henriksdal. Valued at SEK 2 billion (EUR 172 million), … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged André Küüsvek, City of Stockholm, NIB, partnership, Sofie Nilvall, sustainability, Underground Wastewater Treatment Facility
(IN BRIEF) Kalmar, a part of Cargotec, has inked a deal with Uniport Srl. to provide three Kalmar TR618i heavy terminal tractors, marking a significant addition to Uniport Livorno’s fleet in the Port of Livorno, Italy. Scheduled for delivery in … Read the full press release
(IN BRIEF) Marel has embarked on a pilot project to utilize green steel, produced using renewable energy and recycled materials, in its manufacturing processes to reduce environmental impact. This initiative is part of Marel’s broader strategy to meet its Science-Based … Read the full press release
Posted in Business, Environment, Financial, Finland, Food & Beverage, Government, Iceland, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged Arni Sigurdsson, carbon emissions, Finland, green steel, Iris Tryggvadottir, Marel, Olafur Fridriksson, Outokumpu, partnership, Sjoerd van der Heijden, sustainability
(IN BRIEF) Outokumpu, in a robust advancement of its strategic plan, has increased its EBITDA run-rate improvement target by €150 million to €350 million, aiming to bolster its competitiveness in the stainless steel industry. Achieving its initial target ahead of … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, Heikki Malinen, investment, Outokumpu
(IN BRIEF) Neste, a global leader in sustainable aviation fuel and renewable diesel production, has initiated a collaboration with the Exponential Roadmap Initiative (ERI) to align its climate efforts with the UN Climate Change High-Level Champion’s Race to Zero. This … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Industrial, Management, News
Tagged Climate Action, Exponential Roadmap Initiative, Johan Falk, Neste, Päivi Makkonen, partnership, sustainability
(IN BRIEF) Vodafone and Nokia have concluded a successful three-month Open RAN trial in the Alpine towns of Arcisate and Sernio, Italy, leveraging a live 5G standalone (5G SA) test network. The trial showcased impressive results, achieving gigabit download speeds … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology, Telecom, United Kingdom
Tagged Finland, Mark Atkinson, Nokia, Northern Italy, Open RAN Trial, partnership, Santiago Tenorio, sustainability, vodafone
(IN BRIEF) CapMan Nordic Infrastructure II fund has reached its final closing at over €375 million, marking a significant milestone in its journey since its establishment in 2022. Managed by a team of 13 professionals based in Helsinki and Stockholm, … Read the full press release
Posted in Business, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged CapMan, investment, Nordic Infrastructure II Fund, Ville Poukka
(IN BRIEF) Gasum Group’s financial review for the first quarter of 2024 reflects significant volume growth, particularly in the maritime and traffic segments, with sales volumes increasing by 73 percent compared to the same period in 2023. Despite a decrease … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, Management, News
Tagged Financial, Gasum Group, investment, Mika Wiljanen
(IN BRIEF) Stora Enso’s Skutskär biomaterials production site in Sweden, known for its sustainable practices, has embarked on a groundbreaking pilot project aimed at capturing biogenic CO2 emissions from pulp production, marking a significant step towards climate-positive operations. With a … Read the full press release
Posted in Business, Construction, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Biogenic CO2 Capture, Christer Nordstrand, Climate-Positive Operations, partnership, Skutskär Site, Stora Enso, sustainability
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