Category Archives: Finland

Press Releases & News from Finland distributed via EuropaWire

Wärtsilä’s expertise to address complex vessel conversion project

(PRESS RELEASE) HELSINKI, 24-Feb-2020 — /EuropaWire/ — Wärtsilä to convert Netherlands based Boskalis’ existing hull to create the crane vessel Bokalift 2. Wärtsilä comprehensive thruster solution is a key element in the vessel conversion project. Aside addressing the technical challenges … Read the full press release

Ahlstrom-Munksjö launches enhanced line of sustainable and safe food packaging papers

(PRESS RELEASE) HELSINKI, 20-Feb-2020 — /EuropaWire/ — Ahlstrom-Munksjö launches Delicitera® Confectionary Papers. Delicitera® Confectionary Papers are enhanced line of sustainable and safe specialty papers geared towards the confectionary market. In today’s fast developing marketplace, Ahlstrom-Munksjö’s Delicitera® Confectionery Papers drive food … Read the full press release

Dr. Christian Jacobsson will lead Fortum’s newly established Data Science & Analytics unit

Dr. Christian Jacobsson will lead Fortum's newly established Data Science & Analytics unit

(PRESS RELEASE) ESPOO, 12-Feb-2020 — /EuropaWire/ — Leading clean-energy company Fortum has just announced it is going to establish new Data Science & Analytics unit as part of the Business Technology function that is responsible for the IT, innovation and … Read the full press release

Wärtsilä and DNV GL partner to contribute to marine industry’s ongoing digital transformation

(PRESS RELEASE) HELSINKI, 10-Feb-2020 — /EuropaWire/ — Wärtsilä announces collaboration with classification society DNV GL. In a Memorandum of Understanding (MoU) signed by Roger Holm, President, Wärtsilä Marine and Knut Ørbeck-Nilssen, CEO, DNV GL – Maritime, both companies agreed to … Read the full press release

Ahlstrom-Munksjö confirms its support to coated and bonded abrasives manufacturers by joining the Sustainable European Abrasive Manufacturers initiative

Ahlstrom-Munksjö confirms its support to coated and bonded abrasives manufacturers by joining the Sustainable European Abrasive Manufacturers initiative

(PRESS RELEASE) HELSINKI, 23-Jan-2020 — /EuropaWire/ — Ahlstrom-Munksjö has just announced it is joining the newly launched initiative called SEAM (from Sustainable European Abrasive Manufacturers) aimed at improving the sustainability of the abrasive industry. SEAM was announced on January 21, … Read the full press release

World’s first AI app aimed at monitoring animal welfare launches in Finland

(PRESS RELEASE) VIBY J, Denmark, 23-Jan-2020 — /EuropaWire/ — Dairy company, Arla Finland launches Arla Iris, an artificial intelligence (AI) technology application that gives latest information on animal welfare to its consumers in Finland. Arla Iris gathers data on cleanliness, … Read the full press release

Fortum supports its battery business with the acquisition of Crisolteq

(PRESS RELEASE) ESPOO, 17-Jan-2020 — /EuropaWire/ — Fortum strengthens its position in the recycling of high value materials in Europe with the acquisition of 100 percent shareholding in Crisolteq, a Finnish specialist in recycling valuable metals in lithium-ion batteries. This … Read the full press release

Valmet’s 2019–2022 R&D programme gets EUR 50 million funding from NIB

(PRESS RELEASE) HELSINKI, 9-Jan-2020 — /EuropaWire/ — NIB to finance Finnish Valmet Oyj’s research and development (R&D) activities in 2019–2022. The EUR 50 million loan will mature in ten years. Valmet’s 2019–2022 R&D investment programme focuses on performance and investment … Read the full press release

Breakthrough Results with High-Power Laser Technology will Transform Electric Vehicles

(PRESS RELEASE) TAMPERE, Finland, 30-Dec-2019 — /EuropaWire/ — The northern lights are shining extra-bright in Tampere Finland this month as a major step forward in amplifying the power of lasers was achieved. For the first time a laser using similar … Read the full press release

Wärtsilä inaugurates 58 MW gas power plant in Papua New Guinea

(PRESS RELEASE) HELSINKI, 18-Dec-2019 — /EuropaWire/ — Technology group Wärtsilä inaugurates the first ever utility-scale gas engine project in Papua New Guinea which was attended by the Hon. James Marape, Prime Minister of Papua New Guinea on 6 December 2019. … Read the full press release

CapMan Nordic Real Estate II fund makes its first exit just 2 years since inception

(PRESS RELEASE) HELSINKI, 6-Dec-2019 — /EuropaWire/ — CapMan Nordic Real Estate II fund announced it is selling a portfolio of eleven care properties in Finland to Sweden based property owner Hemfosa Fastigheter. CapMan Nordic Real Estate II fund was launched … Read the full press release

Fortum-Rusnano wind investment fund starts a 50-megawatt (MW) wind power project in the Rostov region, Russia

(PRESS RELEASE) HELSINKI, 5-Dec-2019 — /EuropaWire/ — The Fortum-Rusnano wind investment fund announced it is taking on its fifth project out of the total 1,823 MW awarded to the fund in the Russian wind auction during 2017 and 2018. The … Read the full press release

NIB provides funding for the advancement of new audiological technology

(PRESS RELEASE) HELSINKI, 28-Nov-2019 — /EuropaWire/ — NIB signs new loan agreement of DKK 450 million (EUR 60 million) with Danish hearing healthcare company Demant A/S to finance Demant’s research investments for 2019. This is the third loan agreed between … Read the full press release

CapMan Nordic Real Estate II Fund announces its sixteenth acquisition

(PRESS RELEASE) HELSINKI, 25-Nov-2019 — /EuropaWire/ — CapMan Nordic Real Estate II Fund acquired a retail and office property located at Købmagergade 42 in Copenhagen. The property is located in one of the main pedestrian streets in Copenhagen, within a … Read the full press release

Wärtsilä and PSA Marine achieved a breakthrough in their IntelliTug project in the port of Singapore

(PRESS RELEASE) HELSINKI, 7-Nov-2019 — /EuropaWire/ — Wärtsilä and PSA Marine IntelliTug project achieved a breakthrough following the successful installation of a first-of-its-kind Dynamic Positioning (DP) system onboard the harbour tug ‘PSA Polaris’. Trials are now being carried out in … Read the full press release

BP Ventures backs Mobility-as-a-Service Finnish start-up with €10 million investment

(PRESS RELEASE) LONDON, 7-Nov-2019 — /EuropaWire/ — BP Ventures invests €10 million in MaaS Global. The Finnish-based start-up is a provider of digital mobility software designed to make transport easier and smarter. MaaS Global’s innovative Whim app provides users to … Read the full press release

DNA CEO Jukka Leinonen to head Telenor Group’s newly formed Nordic cluster

(PRESS RELEASE) FORNEBU, 1-Nov-2019 — /EuropaWire/ — Jukka Leinonen has been appointed head of Telenor Group’s newly formed Nordic cluster. Leinonen is currently the CEO of the Finnish telcom operator DNA and will retain this position aside becoming a part … Read the full press release

CapMan Infra invests in the acceleration of fibre network deployment across Finland

(PRESS RELEASE) HELSINKI, 31-Oct-2019 — /EuropaWire/ — CapMan Infra to establish a joint venture with Telia Company that will invest into and deploy fibre-to-the-home (FTTH) infrastructure in Finland. CapMan Infra will take a majority investment in the joint venture that … Read the full press release

NIB and Westra Wermlands Sparbank to improve access to financing for SMEs in western Sweden with new loan programme

(PRESS RELEASE) HELSINKI, 31-Oct-2019 — /EuropaWire/ — NIB and Westra Wermlands Sparbank sign seven-year loan programme of SEK 300 million (EUR 27.8 million) to help small and medium sized enterprises (SMEs) and environmental projects in western Sweden. This will improve … Read the full press release

Wärtsilä to upgrade Eidesvik’s construction vessel with hybrid propulsion system for greater efficiency and more sustainable operations

(PRESS RELEASE) HELSINKI, 2-Oct-2019 — /EuropaWire/ — Wärtsilä to engineer, supply, and commission a hybrid propulsion system for an offshore sector vessel. Norway-based Eidesvik AS has selected Wärtsilä to upgrade its ‘Viking Neptun’ construction vessel. The order was placed in … Read the full press release

SGS strengthens its ability to provide critical services in the PPE market

(PRESS RELEASE) GENEVA, 1-Oct-2019 — /EuropaWire/ — SGS acquires the business and assets of the personal protective equipment (PPE) testing and certification activities of the Finnish Institute of Occupational Health (FIOH). FIOH, based in Helsinki, Finland, is previously operated as … Read the full press release

Pöyry announces EPCM assignment to develop the BoP of Bracell’s Project Star in Brazil

(PRESS RELEASE) VANTAA, 28-Aug-2019 — /EuropaWire/ — Pöyry awarded with an EPCM (Engineering, Procurement, Construction, Management) assignment from Bracell. The contract is to develop the BoP (Balance of Plant) of the Project Star located in Lençóis Paulista, state of São … Read the full press release

ISS and major global professional services firm sign first Vested partnership that spans across the Nordics

(PRESS RELEASE) COPENHAGEN, 20-Aug-2019 — /EuropaWire/ — ISS signs 5-year Vested partnership with a major global professional services firm. The agreement covers approximately 90 offices across the Nordics. This is the fourth Vested partnership for ISS globally and will be … Read the full press release

CapMan Nordic Property Income Fund form high-quality modern office sub-portfolio with three acquired assets in Greater Helsinki

(PRESS RELEASE) HELSINKI, 15-Aug-2019 — /EuropaWire/ — CapMan Nordic Property Income Fund completed two separate transactions to form a high-quality modern office sub-portfolio. Together the properties form a c. 14,500 sqm office portfolio with over 5- year blended lease maturity … Read the full press release

NIB funds Maxima Grupe’s investment in energy efficiency solutions at its stores in Lithuania, Latvia and Estonia

(PRESS RELEASE) HELSINKI, 7-Aug-2019 — /EuropaWire/ — NIB and Maxima LT, UAB sign ten-year EUR 52 million loan agreement to finance Maxima’s investments in its retail network renewal in Lithuania, Latvia and Estonia. The Lithuanian retail company will upgrade 31 … Read the full press release

Fast food industry can now be more sustainable with Ahlstrom-Munksjö’s new paraffin wax free food packaging papers

Fast food industry can now be more sustainable with Ahlstrom-Munksjö's new paraffin wax free food packaging papers

(PRESS RELEASE) HELSINKI, 18-Jul-2019 — /EuropaWire/ — The quick service restaurant industry can now make a use of a new fiber-based solution that will help them meet the demanding sustainability needs of the food market. It is Ahlstrom-Munksjö‘s newly launched … Read the full press release

Wärtsilä to supply second dredger to Damen Shipyards that will be one of the most environmentally sustainable ships of its type in service

(PRESS RELEASE) HELSINKI, 15-Jul-2019 — /EuropaWire/ — Wärtsilä again selected by Damen Shipyards Group to provide the main propulsion solutions for a large Marine Aggregate Dredger (MAD). The dredger is being built for Hanson Aggregates. The order was signed with … Read the full press release

Smart marine initiative unveils 62,000 dwt Ultramax Bulk Carrier design that meets the ambitious IMO’s GHG reduction targets

The new Ultramax Bulk Carrier design meets the IMO 2030 environmental targets

Joint development project by Wärtsilä, Oshima & DNV GL comes up with Bulk Carrier design meeting the IMO 2030 environmental targets (PRESS RELEASE) HELSINKI, 3-Jul-2019 — /EuropaWire/ — The next-generation 62,000 dwt Ultramax Bulk Carrier design that meets the International … Read the full press release

Valio Oddlygood® oat drink makes its way at all McDonald’s restaurants in Finland

(PRESS RELEASE) HELSINKI, 1-Jul-2019 — /EuropaWire/ — McDonald’s customers in Finland can now have the option to use Valio Oddlygood® oat drink in their drip coffee. Oddlygood® oat drinks are now available nationwide at all McDonald’s restaurants in Finland. Mats … Read the full press release

Power generation: Two major seven-year maintenance management and operational advisory agreements for Wärtsilä in Bangladesh

Eng Mozammel Hossain, Managing Director of Summit Gazipur II Power and Summit Ace Alliance Power (right) and Jillur Rahim, Managing Director of Wärtsilä Bangladesh (left) signed Bangladesh’s biggest ever Maintenance agreements at Summit Centre, Dhaka. Image courtesy of Summit Group.

(PRESS RELEASE) HELSINKI, 18-Jun-2019 — /EuropaWire/ — Longstanding partner and Bangladesh’s largest independent power producer (IPP) Summit Group has signed 2 (two) seven-year Maintenance management and operational advisory agreements with Wärtsilä. The current major agreements are indeed the biggest ever … Read the full press release