(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
Posted in Education, Finland, Science, Society, Technology
Tagged birth weight, cardiovascular disease, FinnGen, genetic data, genetic factors, heart disease, hypertension, Jaakko Leinonen, Taru Tukiainen
(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
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, OUTOKUMPU OYJ, Shares Buyback Program
(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
Posted in Austria, Business, Environment, Financial, Finland, Industrial, Investment, Management, News, Technology
Tagged Andritz, Ari-Pekka Määttänen, Finland, greenhouse gas emissions, Jari Voutilainen, Metsä Group, partnership, sustainability
(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
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged DB Schenker, electrification, Finland, Harald Knaapinen, heavy duty vehicles, high-power charging stations, Janakkala Linnatuuli, Janne Silvonen, Neste, partnership, Risto Karppinen, sustainability, Volvo Trucks
(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
Posted in Awards, Energy, Gas & Oil, Environment, Finland, Industrial, Management, News
Tagged 2nd Most Valuable Brand, Awards, Brand Finance Ranking 2024, Finland, Neste, sustainability
(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
Posted in Business, Finland, Industrial, Technology
Tagged Chile, ColumnCellTM, concentrator equipment, copper mining, Fernando Samanez, flotation cells, HCTTM, Metso, MF SeriesTM, MHC hydrocyclone clusters, Nordberg® MP1250, regrinding mills, secondary cone crushers, tailing thickeners, TankCell®, Vertimill® VTM1500, vibrating screens
(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
Posted in Awards, Business, Energy, Gas & Oil, Environment, Finland, Industrial, Management, News
Tagged 2023 CDP Report, A- Rating, Awards, Climate Efforts, Fortum, sustainability, Tomas Qvickström
(IN BRIEF) Aurubis Bulgaria AD has contracted Metso for a significant copper Flash Smelting Furnace rebuild project in Bulgaria’s Zlatitsa-Pirdop Valley, surpassing EUR 10 million in value. This collaboration marks another milestone in the longstanding partnership between the two companies, … Read the full press release
(IN BRIEF) Under the “EU Support for Urgent Housing Needs for Internally Displaced Persons in Ukraine” initiative, a former boarding school dormitory in Kivertsi has been efficiently reconstructed to offer housing for displaced Ukrainians. With funding from the EU and … Read the full press release
Posted in Banks, Business, Construction, Environment, European Union, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Ukraine
Tagged Displaced Ukrainians, EU, Henrik Huitfeldt, housing, Leonid Stefanovych, NEFCO, Oleksandr Kovalchuk, partnership, reconstruction, Ronny Nilsson, sustainability
(IN BRIEF) Gasum Portfolio Services has been chosen by shipping company Wasaline to manage its EU Allowances (EUA) portfolio, following the extension of the EU emissions trading system to include the maritime sector at the beginning of 2024. This partnership … Read the full press release
(IN BRIEF) A recent study published in Nature Communications by researchers at the University of Helsinki introduces a groundbreaking methodology called ReSisTrace, designed to identify and trace pre-existing treatment resistance in cancer cells. By labeling cancer cells with genetic barcodes … Read the full press release
Posted in Business, Education, Finland, Healthcare, Industrial, Management, News, Science, Technology
Tagged Anna Vähärautio, cancer cells, Jun Dai, Professor Jing Tang, ReSisTrace, Shuyu Zheng, therapies, University of Helsinki
(IN BRIEF) In its latest move, Outokumpu has finalized the repurchase of its own shares as per the announced buyback program. On February 9, 2024, the company acquired 877 shares at an average price of 4.114 EUR per share, amounting … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, Outokumpu, Shares Buyback Program
(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, has successfully concluded the repurchase of its own shares according to the schedule outlined on February 8, 2024. The company disclosed the completion of share repurchases across various trading venues, totaling 9,603 … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, OUTOKUMPU OYJ, Shares Buyback Program
(IN BRIEF) Cargotec Corporation has commenced written procedures to solicit consents, waivers, and decisions to amend the terms and conditions of its senior unsecured notes due in 2025 and 2026. This action is in relation to the partial demerger of … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, News, Transportation & Logistics
Tagged Cargotec, Financial, investment
(IN BRIEF) Outokumpu, on February 7, 2024, finalized its repurchase of its own shares as part of a previously announced buyback program initiated on November 29, 2023. Under this program, Outokumpu had aimed to repurchase a maximum of 11 million … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, OUTOKUMPU OYJ, Shares Buyback Program
(IN BRIEF) Despite facing headwinds in the stainless steel market, Outokumpu Oyj has managed to maintain solid financial performance in 2023. The company’s adjusted EBITDA for the year amounted to EUR 517 million, although experiencing a decline compared to previous … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, Heikki Malinen, investment, Outokumpu, Pia Aaltonen-Forsell, resilience, Solid Earnings
(IN BRIEF) Neste and French regional airline Amelia have entered into a partnership to use blended Neste MY Sustainable Aviation Fuel™ (SAF). Starting from January 1, 2024, Amelia has been using this sustainable aviation fuel for all flights departing from … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Finland, France, Industrial, Netherlands, Transportation & Logistics
Tagged Adrien Chabot, Alain Regourd, Alexander Kueper, Amelia, Amsterdam Airport Schiphol, Neste, Neste MY Sustainable Aviation Fuel™, reduce greenhouse gas emissions, ReFuelEU Aviation regulation, renewable aviation fuel, SAF, sustainable aviation fuel
(IN BRIEF) Neste has achieved Leadership status and an A− rating for its climate actions in the annual assessment conducted by the global non-profit organization CDP. This recognition is for Neste’s environmental transparency and climate performance. The company has consistently … Read the full press release
(IN BRIEF) Outokumpu, a leading stainless steel producer, has successfully completed its share repurchase program, acquiring a total of 426,341 shares across multiple trading venues at an average price of EUR 3.98 per share, totaling EUR 1,697,261.85. The buyback program, … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, Metals and Minerals
Tagged Outokumpu, Share Buyback Program, shares, treasury shares
(IN BRIEF) Gasum, a Nordic energy company, is set to invest over €62 million in the construction of a biogas plant in Borlänge, Sweden. This initiative is part of Gasum’s larger plan to build five large-scale biogas plants in Sweden, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden
Tagged biogas plant, Borlänge, Erik Woode, Gasum, investment, partnership, renewable energy production, sustainability, Sweden
(IN BRIEF) On February 1, 2024, Outokumpu, a Finnish stainless steel manufacturer, successfully completed its share buyback program, repurchasing a total of 245,903 of its own shares across various trading venues at an average price of EUR 3.99 per share, … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, Outokumpu, Shares Buyback Program
(IN BRIEF) Hiab, a part of Cargotec, has received significant orders totaling EUR 35.8 million from two prominent US clients. A national home improvement chain has placed an order for MOFFETT truck-mounted forklifts valued at EUR 23.8 million, while a … Read the full press release
(IN BRIEF) Outokumpu Oyj, a global leader in sustainable stainless steel, has been accepted as a new organizational member of the Climate Leadership Coalition (CLC), Europe’s largest non-profit climate business network. CLC is dedicated to developing business-driven solutions to combat … Read the full press release
(IN BRIEF) On January 30, 2024, Outokumpu announced the successful completion of its share repurchase program, with a total cost of EUR 507,792.07. The program, initiated on November 29, 2023, aimed to repurchase a maximum of 11 million shares with … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, OUTOKUMPU OYJ, Shares Buyback Program
(IN BRIEF) The InvestEU Investment Committee has approved a framework operation allowing the Nordic Investment Bank (NIB) to provide up to EUR 150 million in financing for projects focused on green mobility and transport in the Nordic and Baltic region, … Read the full press release
(IN BRIEF) On January 29, 2024, Outokumpu has successfully completed the repurchase of its own shares as part of a share buyback program announced on November 29, 2023. The company repurchased a total of 315,800 shares across different trading venues … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, OUTOKUMPU OYJ, Share Buyback Program, shares
(IN BRIEF) Neste has joined forces with PVG, a leading European home climate solutions provider, to introduce a sustainable heating liquid for portable fuel heaters. The co-processed odorless heating kerosene from Neste offers consumers a cleaner alternative to fossil-based heating … Read the full press release
(IN BRIEF) Telia and Danfoss Leanheat have teamed up to introduce an innovative heating optimization solution in Finland. By installing Telia’s Indoor Climate Monitoring sensors in apartments, gathering indoor data, and connecting it to a cloud service for analysis, the … Read the full press release
Posted in Energy, Gas & Oil, Environment, Finland, Industrial, Infrastructure & Utilities, Sweden, Technology, Telecom
Tagged Danfoss Leanheat, energy consumption, energy optimization, Finland, heating optimization, Indoor Climate Monitoring sensors, Kimmo Ahvenlampi, Lauri Hiekkanen, smart building solutions, Telia, Telia Heating Optimization
(IN BRIEF) On January 26, 2024, Outokumpu successfully concluded its share repurchase program, acquiring a total of 266,213 of its own shares across various trading venues, with a total cost of EUR 1,073,521.31. This initiative, which began following the announcement … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged acquisition, Financial, investment, Outokumpu, share repurchase program, shares
(IN BRIEF) Fortum’s efficiency program, launched in November 2023, has prompted discussions regarding potential job reductions within the Fortum Consumer Solutions business unit and the IT unit. Approximately 1,080 employees across Finland, Sweden, Norway, and the IT unit in Poland … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Finland, Industrial, Infrastructure & Utilities, Management, News
Tagged change negotiations, Fortum, job reductions
(IN BRIEF) On January 25, 2024, Outokumpu concluded its share repurchases, acquiring its own shares across various trading venues. The total cost amounted to EUR 140,695.46 for a total of 34,800 shares, with weighted average prices per share rounded to … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, Outokumpu, share repurchase program
(IN BRIEF) On January 24, 2024, Outokumpu finalized the repurchase of its own shares, totaling 153,195 shares across various trading venues, with a weighted average price of EUR 3.99 per share and a total cost of EUR 611,483.24. This share … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged acquisition, Financial, investment, Outokumpu, share repurchase program, shares
(IN BRIEF) Outokumpu is set to release its financial statements for 2023 on February 8, 2024, at 9:00 am EET. Later the same day, at 3:00 pm EET, a live webcast and conference call will be hosted by President and … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Media, Metals and Minerals, News
Tagged financial statements, Heikki Malinen, investment, Outokumpu, Pia Aaltonen-Forsell, webcast
(IN BRIEF) CapMan has pledged to achieve net-zero emissions by 2040, positioning itself a decade ahead of the global target, and is actively working to integrate sustainability within planetary boundaries. The firm will focus on achieving net-zero emissions in its … Read the full press release
Posted in Business, Environment, Finland, Industrial, Infrastructure & Utilities, Management, News, Real Estate
Tagged Anna Olsson, CapMan, Nature-Positive Framework, Net-Zero by 2040, Pia Kåll, sustainability
(IN BRIEF) In a significant development, the European Commission has signed an amendment to the InvestEU guarantee with the Nordic Investment Bank (NIB), making NIB the implementing partner for Norway and Iceland. This expansion broadens NIB’s lending capacity under the … Read the full press release
Posted in Banks, Business, European Union, Financial, Finland, Iceland, Industrial, Investment, Management, News, Norway
Tagged André Küüsvek, Denmark, Estonia, Finland, Iceland, InvestEU, Latvia, Lending Capacity, Lithuania, NIB, Norway, partnership, Poland, sustainability, Sweden
(IN BRIEF) On January 23, 2024, Outokumpu successfully concluded its share repurchase program, acquiring a total of 195,429 of its own shares across different trading venues at weighted average prices ranging from EUR 3.955 to EUR 3.9669 per share, resulting … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Acquirsition, Financial, investment, Outokumpu, share repurchase program, treasury shares
(IN BRIEF) Valio, a Finnish dairy company, is initiating change negotiations affecting its Finnish headquarters functions and factory services. The negotiations involve around 1,170 employees and will address potential dismissals and material changes to employment terms, including job description and … Read the full press release
(IN BRIEF) Ahlstrom is reinforcing its position as a leader in the global filtration industry by investing in a new production line for molecular filtration media in Turin, Italy. With a focus on improving air quality in closed environments like … Read the full press release
(IN BRIEF) Ahlstrom, a leading provider of sustainable specialty materials, has unveiled PureLid™, a revolutionary fiber-based lid for single-serve coffee capsules aimed at supporting the coffee industry’s sustainability efforts. PureLid™ offers a high-performing, home-compostable alternative to aluminum or plastic lids … Read the full press release
(IN BRIEF) Outokumpu has successfully concluded its share repurchase program, acquiring a total of 244,303 of its own shares across various trading venues at a weighted average price of EUR 3.99 per share, amounting to a total cost of EUR … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Acquired Shares, Financial, investment, Outokumpu, share repurchase program
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