Category Archives: Finland

Press Releases & News from Finland distributed via EuropaWire

Fortum supports its battery business with the acquisition of Crisolteq

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 investment is … Read the full press release

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

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 cost, digitalisation, … Read the full press release

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

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 technology to … Read the full press release

Wärtsilä inaugurates 58 MW gas power plant in Papua New Guinea

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. Wärtsilä supplied … Read the full press release

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

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 back in … Read the full press release

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

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 fund will … Read the full press release

NIB provides funding for the advancement of new audiological technology

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 NIB and … Read the full press release

CapMan Nordic Real Estate II Fund announces its sixteenth acquisition

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 short walking … Read the full press release

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

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 the Port … Read the full press release

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

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 access and … Read the full press release

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

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 of Telenor’s … Read the full press release

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

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 will acquire … Read the full press release

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

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 access to … Read the full press release

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

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 August 2019 … Read the full press release

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

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 an independent … Read the full press release

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

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 Paulo. The … Read the full press release

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

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 the first … Read the full press release

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

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 where the … Read the full press release

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

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 of its … 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

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 ParaFree™ Wax … 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

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 Wärtsilä in … 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 HELSINKI, 3-Jul-2019 — /EuropaWire/ — The next-generation 62,000 dwt Ultramax Bulk Carrier design that meets the International Maritime Organization … Read the full press release

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

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 Nyström, Marketing … 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.

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 signed service … Read the full press release

TomTom part of EU Data Task Force’s proof of concept to make roads in EU safer

TomTom part of EU Data Task Force’s proof of concept to make roads in EU safer

An Innovative Road Safety Initiative To Rely On Live Vehicle Data AMSTERDAM, 5-Jun-2019 — /EuropaWire/ — EU Data Task Force (DTF) and TomTom (TOM2), active in location technology services, will work together on a proof of concept to improve road … Read the full press release

ÅF Pöyry to support the modernisation of Metsä Fibre’s bioproduct mill and sawmill in Finland

VANTAA, 28-May-2019 — /EuropaWire/ — Metsä Fibre awards pre-engineering assignment to ÅF Pöyry for new bioproduct mill, Kemi. The ongoing pre-engineering project target is to create conditions for building a bioproduct mill with an annual production capacity of approximately 1.5 … Read the full press release

Bus passengers in Finland will have a chance to reduce the carbon footprint of their bus trips with new Green Travel service

ESPOO, 15-May-2019 — /EuropaWire/ — Bus operator Savonlinja is partnering with Neste to introduce lower-emission traveling solution to its customers. Starting from mid-May 2019, the bus service will include a Green Travel surcharge on the normal bus ticket price, which … Read the full press release

CapMan Nordic Real Estate II fund adds Cavonius building in Helsinki to its City Pearls portfolio

HELSINKI, 15-May-2019 — /EuropaWire/ — CapMan Nordic Real Estate II fund acquires an office and retail property located at Pohjoisesplanadi 21, Helsinki. The Cavonius building is already the fund’s third acquisition to its City Pearls portfolio investing in prime and … Read the full press release

Wärtsilä 20DF dual-fuelled engine selected for China’s first LNG fuelled platform supply vessels

HELSINKI, 13-May-2019 — /EuropaWire/ — Wärtsilä wins contract to supply 40 generating sets for 12 new LNG fuelled platform supply vessels (PSV) for a Chinese owner. This is the first fleet of LNG fuelled PSVs for China. The order with … Read the full press release

Neste MY Renewable Jet Fuel recognised for its contribution in reducing black carbon emissions

ESPOO, 8-May-2019 — /EuropaWire/ — Neste MY Renewable Jet Fuel has won an award for its contribution in reducing black carbon emissions. The competition has five categories, and Neste won in the category for solutions reducing black carbon emissions. It … Read the full press release