Category Archives: Finland

Press Releases & News from Finland distributed via EuropaWire

Stora Enso divested its 35% in Bulleh Shah Packaging (Private) Ltd. in Pakistan

HELSINKI, 19-Sep-2017 — /EuropaWire/ — Stora Enso has completed the divestment announced on 26 July 2017 of its 35% holding in the equity accounted investment Bulleh Shah Packaging (Private) Ltd. in Pakistan to the main owner Packages Ltd. The total cash … Read the full press release

Neste Jacobs releases the first new generation digital game called NAPCON Games Distiller

ESPOO, 14-Sep-2017 — /EuropaWire/ — Technology, engineering and project management company Neste Jacobs releases the first new generation digital game called NAPCON Games Distiller. It is developed for operator training and operator testing purposes for the process industry and training institutes, … Read the full press release

Neste and Genève Aéroport to decarbonize aviation towards fossil neutral growth

ESPOO, 14-Sep-2017 — /EuropaWire/ — Neste and Genève Aéroport are pioneering together to make flying more sustainable by starting to decarbonize aviation towards fossil neutral growth. Genève Aéroport is planning the introduction of renewable jet fuel for aircraft operations from Geneva International Airport; … Read the full press release

pbb Deutsche Pfandbriefbank and Helaba to fund CBRE Global Investors’ acquisition of Skanssi shopping centre in Finland

EUR 67.2 million term loan facility provided towards the acquisition of the Skanssi shopping centre in Turku, Finland Munich/Stockholm, 07-Sep-2017 — /EuropaWire/ — pbb Deutsche Pfandbriefbank and Helaba provided a term loan facility of EUR 67.2 million to CBRE European Shopping … Read the full press release

CapMan Real Estate holds first and final closing of CapMan Nordic Real Estate II at EUR 425 million of equity commitments

HELSINKI, 06-Sep-2017 — /EuropaWire/ — CapMan Real Estate holds the first and final closing of CapMan Nordic Real Estate II (CMNRE II), its second pan-Nordic value-add fund, at EUR 425 million of equity commitments from Nordic, European and US institutional investors. … Read the full press release

CapMan appoints Joakim Frimodig as CEO

HELSINKI, 06-Sep-2017 — /EuropaWire/ — Interim CEO and Deputy CEO of CapMan Joakim Frimodig has been appointed CEO of CapMan as of 1 September 2017. Frimodig has acted as Interim CEO from 4 May 2017. Earlier he has been responsible for … Read the full press release

Valio reduces CO2 emissions at Finland production plants with new boiler facility

HELSINKI, 06-Sep-2017 — /EuropaWire/ — Thanks to long-term and responsible investments in heating plants, and the latest boiler investment at the Valio Jyväskylä dairy, Valio has abandoned the use of heavy fuel oil in the production plants in Finland. The new … Read the full press release

Neste Jacobs lunches series of games to enhance operator training significantly

ESPOO, 23-Aug-2017 — /EuropaWire/ — Technology, engineering and project management company Neste Jacobs releases a new product portfolio called NAPCON Games, which will gamify operator training. NAPCON Games can be combined with traditional operator training methods to maximize the benefits and … Read the full press release

Wärtsilä now targeting a rapid global growth in the hydro market

HELSINKI, 23-Aug-2017 — /EuropaWire/ — In June 2016, Wärtsilä acquired American Hydro, a specialist in optimising, upgrading and servicing hydroelectric and water distribution systems. With its offering of consultancy, design and precision performance enhancement services for hydro-turbines and pumps, the company … Read the full press release

MTG will show live matches from DKB Handball-Bundesliga each week from the 2017/2018 season

STOCKHOLM, 22-Aug-2017 — /EuropaWire/ — MTG has secured the exclusive Nordic media rights to the DKB Handball-Bundesliga for the next six seasons – bringing world class handball action to fans in Denmark, Finland, Norway and Sweden on TV, online and mobile. … Read the full press release

World’s most modern snack plant comes into operation in Valio Riihimäki, Southern Finland

HELSINKI, 22-Aug-2017 — /EuropaWire/ — The world’s most modern snack plant comes into operation in Valio Riihimäki, Southern Finland. The inauguration of the dairy plant is being held today, 17 August. The plant uses the very latest environmentally-friendly technology. With the … Read the full press release

University of Helsinki: neuroprotective protein CDNF entered clinical trials on Parkinson’s disease patients

HELSINKI, 14-Aug-2017 — /EuropaWire/ — With the help of the two-year Therapeutic Idea Award from the US Department of Defense professor Saarma and Dr. Voutilainen aim to generate more preclinical data i.e. data from tests preceding the patient trials, to support … Read the full press release

Hans Ekman appointed VP Forestry & Recycling Cranes Hiab

HELSINKI, 08-Aug-2017 — /EuropaWire/ — Hiab, part of Cargotec, has appointed Hans Ekman  as Vice President, Forestry & Recycling Cranes as of 14 August 2017. He will report to Joakim Andersson, head of Hiab’s Cranes Business Line, and be part of the … Read the full press release

Wärtsilä to provide engines and complete propulsion package for two new fishing trawlers built for Russia based Nord Pilgrim

HELSINKI, 08-Aug-2017 — /EuropaWire/ — The technology group Wärtsilä has been contracted to provide the engines and the complete propulsion package, including the propulsion control system for two new fishing trawlers being built for Murmansk, Russia based Nord Pilgrim Ltd. The … Read the full press release

Pöyry Finland Oy and Skanska Infra Oy sign to construct the new Lahti stretch of the city of Lahti’s southern ring road

VANTAA, Finland, 17-Jul-2017 — /EuropaWire/ — The Finnish Transport Agency and the consortium between Skanska Infra Oy and Pöyry Finland Oy have signed an alliance agreement for a development phase to construct the new Lahti stretch of the city of Lahti’s … Read the full press release

Hiab to deliver 50 loader cranes to Shanghai Longcheng Special Purpose Vehicle Co in China

HELSINKI, 12-Jul-2017 — /EuropaWire/ — Hiab, part of Cargotec, has received an order for 50 loader cranes from Shanghai Longcheng Special Purpose Vehicle Co. The value of the order is  approximately EUR 1 million and it has been booked into … Read the full press release

Neste: We appreciate the US EPA’s commitment to biofuels and continued support to Renewable Fuel Standard program

The US EPA announced its proposal on renewable fuel volume requirements ESPOO, 12-Jul-2017 — /EuropaWire/ — The Environmental Protection Agency (EPA) in the USA finalized the renewable fuel volume requirements for 2018 under the Renewable Fuel Standard (RFS) program on 5 … Read the full press release

Stara’s machines and trucks in Helsinki to use entirely waste and residue based Neste MY Renewable Diesel

Neste MY Renewable Diesel reduces emissions of Stara’s working machines in Helsinki, Finland  ESPOO, 11-Jul-2017 — /EuropaWire/ — As part of Europe’s largest coordinated advanced biofuels project BioSata, Neste provides Helsinki City Construction Services, Stara, with premium-quality, entirely waste and residue based Neste … Read the full press release

Wärtsilä to supply engineering and equipment deliveries to Iranian energy companies Baran Niroo Beshel Co. and Tamin Niroo Saam Co.

HELSINKI, 11-Jul-2017 — /EuropaWire/ — The technology group Wärtsilä will supply engineering and equipment deliveries for two baseload power plants to Iranian energy companies Baran Niroo Beshel Co. and Tamin Niroo Saam Co. This is a breakthrough project as Wärtsilä is supplying … Read the full press release

NIB signs loan to finance new, four-lane section of the E18 motorway in Telemark County, Norway

HELSINKI, 07-Jul-2017 — /EuropaWire/ — NIB and the Norwegian toll-road operator Vegfinans E18 Telemark AS have signed a 20-year maturity loan totalling NOK 1 billion (EUR 105 million) for the construction of a new section of the E18 motorway in Telemark County. The loan will … Read the full press release

NIB signs loan to fund Danish bioscience company Chr. Hansen Holdings’ 2017–2018 R&D programme

HELSINKI, 07-Jul-2017 — /EuropaWire/ — The Nordic Investment Bank and the Danish bioscience company Chr. Hansen Holdings A/S have signed a EUR 50 million loan for the company’s 2017–2018 R&D programme. Chr. Hansen Holding A/S’s research and development programme in 2017–2018 will focus … Read the full press release

CapMan Real Estate sells an office building in Hämeenlinna, Finland to Kiinteistö Oy Hämeenlinnan Kopinkulma

HELSINKI, 07-Jul-2017 — /EuropaWire/ — CapMan RE II fund has sold an office building located at Kasarmikatu 4 in Hämeenlinna to Kiinteistö Oy Hämeenlinnan Kopinkulma. The transaction was completed on June 6, 2017. CapMan RE II fund invested in Kasarmikatu 4 … Read the full press release

CapMan Real Estate sells two office buildings in Helsinki to Areim Fund III

HELSINKI, 07-Jul-2017 — /EuropaWire/ — Real estate funds managed by CapMan have sold two office buildings located at Elimäenkatu 9 and 15 in Vallila, Helsinki, to Areim Fund III. The transaction was completed on June 30, 2017. CapMan Real Estate I … Read the full press release

SSAB joins Women in Tech initiative to increase the number of women in SSAB’s top management

SSAB has joined the Women in Tech network, coordinated by Technology Industries of Finland. STOCKHOLM, 22-Jun-2017 — /EuropaWire/ — “The Women in Tech initiative aims at increasing the number of women in the field of technology. Activities in the organization’s network … Read the full press release

Stora Enso shuts down its paper machine 8 (PM8) at Kvarnsveden Mill in Sweden

HELSINKI, 22-Jun-2017 — /EuropaWire/ — In February 2017, Stora Enso announced that it planned to permanently shut down paper machine 8 (PM8) at Kvarnsveden Mill in Sweden due to structural weakening of magazine paper demand in Europe. Co-determination negotiations with employees … Read the full press release

Varma Mutual Pension Insurance Company now owns less than 5% of Stora Enso’s shares

HELSINKI, 22-Jun-2017 — /EuropaWire/ — Stora Enso Oyj received on 21 June 2017 a notification under the Chapter 9, Section 10 of the Securities Markets Act, according to which the holdings of Varma Mutual Pension Insurance Company in Stora Enso’s shares … Read the full press release

Cargotec’s Hiab a nominee in the prestigious 2017 German Brand Award competition

HELSINKI, 19-Jun-2017 — /EuropaWire/ — Hiab, part of Cargotec, has been selected as a nominee in the prestigious 2017 German Brand Award competition. Hiab has entered this year’s competition in the Industry Excellence in Branding category, in the Logistics and … Read the full press release

Guinea Gold Mine To Get A Power Plant Extension from Wärtsilä

HELSINKI, 19-Jun-2017 — /EuropaWire/ — The technology group Wärtsilä today announced it would supply a power plant extension to AngloGold Ashanti’s gold mine in Siguiri, Guinea. This turnkey project consists of three 20-cylinder Wärtsilä 32TS engines running on heavy fuel oil. … Read the full press release

Triton Fund III company Mehiläinen and Finnish insurance company LocalTapiola start a strategic partnership

HELSINKI, 16-Jun-2017 — /EuropaWire/ — Mehiläinen, a Triton Fund III company, and LocalTapiola, a leading Finnish insurance company, will start a strategic partnership. The aim of the companies is to enable a more streamlined service for shared customers and to develop … Read the full press release

Q&A teleconference with Outotec CEO Markku Teräsvasara on Thursday, June 22, 2017

ESPOO, 15-Jun-2017 — /EuropaWire/ — The Q&A teleconference with CEO Markku Teräsvasara will be held on Thursday, June 22, 2017 at 1:00 PM (Finnish time). JOINING THE TELECONFERENCE AND PRESENTING QUESTIONS Dial in 5-10 minutes prior to the start time using … Read the full press release