(IN BRIEF) Eviden, part of the Atos Group, has secured a €60 million contract to deliver “Roihu,” Finland’s new national supercomputer, which will triple the country’s current computing capacity and significantly enhance AI performance. Built on the BullSequana XH3000 platform, … Read the full press release
Posted in Business, Financial, Finland, France, Government, Industrial, Investment, Management, News, Technology
Tagged "Roihu", Atos, Bruno Lecointe, Eviden, Finland, INNOVATION, partnership, Pekka Lehtovuori, supercomputer
(IN BRIEF) CapMan Nordic Infrastructure II fund has acquired a majority stake in ProPellet Oy, Finland’s leading heat-as-a-service (HaaS) operator and bioenergy producer. ProPellet, which operates over 120 heating sites and produces pellet fuel using forestry by-products, has experienced significant … Read the full press release
(IN BRIEF) Gasum, the Nordic energy company, has signed a share purchase agreement to acquire 100% of the shares in Denmark-based Hærup Biogas ApS, marking its first biogas plant acquisition in the country. Hærup Biogas currently produces around 40 GWh … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has provided an initial €100 million loan for the construction of the €1 billion Laakso Joint Hospital in Helsinki, which will integrate psychiatric, neurological, geriatric, and palliative care services for 1.7 million Uusimaa … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Finland, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Real Estate, Technology
Tagged EIB, Helsinki, Laakso Joint Hospital Project, Marko Virtanen, partnership, sustainability, Thomas Östros
(IN BRIEF) In his doctoral research at the University of Helsinki, Matej Zore demonstrated the potential of repurposing the drugs fingolimod and etrasimod, originally developed for autoimmune diseases, to combat antimicrobial resistance (AMR). These drugs showed notable efficacy against drug-resistant … Read the full press release
Posted in Business, Education, Financial, Finland, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Security & Safety, Technology
Tagged antimicrobial resistance, etrasimod, fingolimod, Matej Zore, methicillin-resistant Staphylococcus aureus (MRSA), Professor Fredrik Almqvist, Professor Jari Yli-Kauhaluoma, Repurposing Drugs, University of Helsinki, vancomycin-resistant Enterococcus (VRE)
(IN BRIEF) CapMan Infra, through its Nordic Infrastructure II fund, has acquired a majority stake in ProPellet Oy, Finland’s leading bioenergy producer and heat-as-a-service (HaaS) operator. ProPellet, which operates over 120 heating sites and two pellet production facilities using forestry … Read the full press release
(IN BRIEF) Mutares SE & Co. KGaA has signed an agreement to acquire VR Road Logistics, a Finnish road logistics provider specializing in services for industrial clients in forestry, metals, construction, and mining. The company, which generated approximately EUR 80 … Read the full press release
(IN BRIEF) Finnvera has joined the Net-Zero Export Credit Alliance, a global network of export credit agencies committed to reducing greenhouse gas emissions in line with the Paris Agreement. The move supports Finnvera’s goal to shape the future of export … Read the full press release
(IN BRIEF) Metso has rebranded its Planet Positive initiative as “Metso Plus” to support customers’ sustainability goals and align with evolving EU regulations. Launched in 2021, this initiative now includes over 100 products designed to improve energy and water efficiency, … Read the full press release
Posted in Business, Environment, European Union, Financial, Finland, Government, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged 'Metso Plus', eco-friendly, EU Regulations, INNOVATION, Marius Verwoerd, Metso, Rebranding, sustainability
(IN BRIEF) Metso and Dowa Group’s Kosaka Smelting & Refining Co., Ltd. are hosting the 2nd International Ausmelt® TSL Licensees Congress in Japan, bringing together around 50 global industry professionals to discuss developments in recycling, the circular economy, and e-waste. … Read the full press release
(IN BRIEF) Katajanokan Laituri, completed in the summer of 2024, is a sustainable urban regeneration project in Helsinki’s South Harbour. It houses Stora Enso’s new headquarters, along with a hotel, event space, restaurants, cafés, and a rooftop terrace. As Finland’s … Read the full press release
(IN BRIEF) Stora Enso has sold the real estate of its Sunila site in Kotka, Finland, to AALTO Development Oy, a Finnish company known for its focus on quality architecture and urban planning. Stora Enso will remain as a tenant, … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Technology
Tagged AALTO Development, acquisition, Energy Innovation Hub, partnership, Stora Enso, Sunila Site, sustainability, Tuomas Hallenberg
(IN BRIEF) Neste and Finland’s ice hockey league, Liiga, have partnered to use Neste MY Renewable Diesel™ for team bus travel during the 2024–2025 season, reducing CO₂ emissions by approximately 6,400 tons—equivalent to the annual carbon footprint of 500-600 Finns. … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Investment, Management, News, Sports, Transportation & Logistics, Travel
Tagged emissions, Hockey Season, Joni Pihlström, Liiga, Neste, partnership, renewable diesel, sports, sustainability, travel, Vili Nurmi
(IN BRIEF) A University of Helsinki study led by Sabrina Roth reveals that the combination of climate change and chemical pollution creates a far greater threat to ecosystems and human health than previously understood. Roth’s research shows that extreme weather … Read the full press release
Posted in Business, Chemicals, Education, Environment, Financial, Finland, Healthcare, Industrial, Investment, Management, News, Science, Security & Safety, Technology
Tagged Chemical Pollution, climate change, ecosystems, environmental, human health, Sabrina Roth, sustainability, University of Helsinki
(IN BRIEF) Metso is expanding its flotation portfolio with the introduction of modular Concorde Cell™ Plant Units, which are prefabricated and pre-installed containerized units designed to simplify setup and reduce on-site installation work. This new solution enhances deployment safety and … Read the full press release
(IN BRIEF) Valio is pioneering research to enhance understanding of how dairy components like the milk fat globule membrane (MFGM) and hydrolyzed protein can promote healthy aging. Utilizing the C. elegans roundworm as a model organism, Valio’s study reveals that … Read the full press release
Posted in Business, Education, Environment, Financial, Finland, Food & Beverage, Healthcare, Industrial, Investment, Management, News, Science, Technology
Tagged C. elegans Model, Dairy Ingredients, Dr. Anu Turpeinen, Dr. Olli Matilainen, Healthcare, healthy aging, hydrolyzed protein, Innovative Research, milk fat globule membrane (MFGM), University of Helsinki, Valio, wellness
(IN BRIEF) Finnish land-based fish farming company Fifax has secured a €2.5 million loan from Nefco to boost its Eckerö facility, one of the largest of its kind in Northern Europe. Using environmentally friendly Recirculating Aquaculture Systems (RAS), Fifax recycles … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged eco-friendly, expansion, Fifax, fish farming, Helena Lähteenmäki, investment, NEFCO, northern Europe, partnership, Samppa Ruohtula, sustainability
(IN BRIEF) Ahlstrom has completed the sale of its Aspa pulp mill to Sweden Timber, a move that allows Ahlstrom to concentrate on its specialty materials portfolio as part of its growth strategy. Sweden Timber plans to expand its product … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged acquisition, Ahlstrom, Aspa Pulp Mill, partnership, sustainability, Sweden Timber
(IN BRIEF) Ahlstrom, a global leader in fiber-based specialty materials, has joined the World Business Council for Sustainable Development (WBCSD) to collaborate with industry leaders in addressing major environmental issues like climate change, decarbonization, and biodiversity loss. Guided by its … Read the full press release
Posted in Business, Environment, Financial, Finland, Industrial, Investment, Management, News, Technology
Tagged Ahlstrom, biodiversity loss, climate change, decarbonization, Global Sustainability Movement, Helen Mets, Johan Lunabba, partnership, Peter Bakker, sustainability, World Business Council for Sustainable Development Membership
(IN BRIEF) Metso Corporation has introduced the CathodeSense+, a new system designed for rapid and precise quality analysis of cathode stripping machines operating at high capacities. This advanced, stand-alone solution features high-resolution 3D scanning for enhanced cathode quality control and … Read the full press release
(IN BRIEF) MacGregor has launched a free digital Carbon Calculator to help container shipping companies estimate how much CO₂ emissions can be reduced by upgrading to its Cargo Boost system. By maximizing cargo-carrying capacity, Cargo Boost can increase utilization from … Read the full press release
(IN BRIEF) Stora Enso is acquiring Finnish sawmill company Junnikkala Oy to secure a reliable wood supply for its packaging board production in Oulu and to support its wood products division with enhanced resources. The acquisition, valued up to EUR … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Investment, Management, News, Technology
Tagged acquisition, Finland, Hans Sohlström, Junnikkala Oy, partnership, Sawmilling Operations, Stora Enso, sustainability, wood supply
(IN BRIEF) Helen has commissioned AFRY to conduct a feasibility study for a large-scale green hydrogen production plant in Helsinki. This study will evaluate the conditions for producing green hydrogen effectively, supporting Helen’s goal to offer carbon-neutral district heating, cooling, … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, Finland, Helen, Hydrogen Production Plant, Ilkka Heikkilä, partnership, Sari Mannonen, sustainability
(IN BRIEF) Neste has announced a new Leadership Team to enhance operational efficiency and performance, effective immediately. Heikki Malinen, President and CEO, will also lead Neste’s Renewable Products business area. Markku Korvenranta has been appointed Executive Vice President of Oil … Read the full press release
(IN BRIEF) Metso has received an order from Hindalco Industries, part of the Aditya Birla Group, to provide engineering services and key equipment for a new precious metals refinery in Gujarat, India. This state-of-the-art facility, set to be commissioned within … Read the full press release
(IN BRIEF) Finland’s battery sector is surging as green initiatives and the electrification of transport accelerate the demand for lithium and battery chemicals. Sibanye-Stillwater’s Keliber project, located in Central Ostrobothnia, Finland, seeks to become Europe’s first fully integrated producer of … Read the full press release
(IN BRIEF) Stora Enso China Packaging has been awarded Gold in the 2024 MUSE Design Awards for its innovative packaging of the Space Time Series Female Space Cream, which creatively integrates space exploration elements into a skincare product design. The … Read the full press release
Posted in Apparel, Fashion & Beauty, Art & Culture, Awards, Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, Media, News, Technology
Tagged Awards, David Sun, Female Space Cream Packaging, Ivy Hu, leadership, Magnus Fredriksson, MUSE Design Awards, Space Time Series, Stora Enso, Stora Enso China Packaging, sustainability
(IN BRIEF) Alstom has appointed Frédéric Wiscart as the new President of its France Region, effective November 4, 2024. Wiscart, who brings extensive experience from his previous roles in the energy sector, will succeed Jean-Baptiste Eyméoud, who is stepping down … Read the full press release
Posted in Business, Financial, Finland, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Alstom, Alstom France, appointment, Frédéric Wiscart, Henri Poupart-Lafarge, Jean-Baptiste Eyméoud, leadership, partnership, President
(IN BRIEF) Ahlstrom has introduced Lipid Saver™, a new solution designed for the collection, transport, and storage of fatty acids from whole blood samples. The innovative card allows for easy sample collection and long-term preservation at room temperature, eliminating the … Read the full press release
Posted in Business, Environment, Financial, Finland, Healthcare, Industrial, Investment, Management, News, Science, Technology
Tagged Ahlstrom, Collection and Storage, Fatty Acid, Giuseppe Costa, Healthcare, INNOVATION, Lipid Saver™, RESEARCH, sustainability, wellness
(IN BRIEF) SSAB and Parmaco have partnered to build the world’s first concept building made entirely from fossil-free steel, using SSAB’s HYBRIT® technology. This innovative process replaces coal with hydrogen and fossil-free electricity in steel production, reducing CO2 emissions. Construction … Read the full press release
Posted in Business, Construction, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged building, construction, Finland, fossil-free steel, Jukka Joutsenkoski, Olavi Huhtala, Parmaco, partnership, SSAB, SSAB’s HYBRIT® technology, sustainability
(IN BRIEF) Hiab, part of Cargotec, has unveiled the MULTILIFT TALON, a cutting-edge container handling system designed to transform logistics for defence forces. The new system allows for automated transitions between Flatrack and ISO Container modes directly from the vehicle … Read the full press release
Posted in Business, Defence, Financial, Finland, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged automation, Cargotec, Defence Logistics, Frank van Dongen, Hiab, MULTILIFT TALON
(IN BRIEF) The European Investment Fund (EIF) has committed €100 million to the Prime Green Energy Infrastructure Fund II (PGEIF II), managed by Prime Capital AG, to support renewable energy projects in Scandinavia. This brings the fund’s total size to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Finland, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Norway, Sweden
Tagged Andreas Kalusche, Dr. Mathias Bimberg, EIF, ENERGY, Finland, Marjut Falkstedt, Norway, partnership, Prime Capital AG, Prime Green Energy Infrastructure Fund II (PGEIF II), Scandinavia, sustainability, Sweden
(IN BRIEF) Neste has partnered with Verne, a leading data center provider in Finland, to power Verne’s backup generators with Neste MY Renewable Diesel™, a fuel made from 100% renewable raw materials like animal fat and used cooking oil. By … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Backup Generators, Finland, Joni Pihlström, Kim Gunnelius, Neste, partnership, renewable diesel, sustainability, Verne Data Centers
(IN BRIEF) Fortum’s Loviisa nuclear power plant has completed its annual outages for 2024, with both units back online. Unit 2’s outage lasted 23 days, while Unit 1’s extended four-year maintenance took 39 days, with both experiencing minor delays due … Read the full press release
(IN BRIEF) Integrated Wind Solutions (IWS), a Norway-based company focused on the offshore wind industry, is advancing its commitment to renewable energy through a comprehensive range of services that support the entire lifecycle of offshore wind farms. Established in 2020 … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged INNOVATION, Integrated Wind Solutions, Marius Magelie, net zero, NIB, Norway, Offshore wind, partnership, sustainability
(IN BRIEF) NIB has announced its updated Environmental Bond Framework, along with a new Climate Strategy and Sustainability Policy, all aimed at promoting a low-carbon future. The bank received a “Dark Green” Second Opinion from S&P Global Ratings, affirming its … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Industrial, Investment, Management, News
Tagged Environmental Bond Framework, low-carbon, NIB, sustainability
(IN BRIEF) FinVector, a leading biopharmaceutical company, has inaugurated a cutting-edge production facility in Kuopio, Finland, aimed at manufacturing gene therapy products. The new Finport facility, which is set to become one of the world’s largest for such therapies, represents … Read the full press release
Posted in Banks, Business, Environment, Financial, Finland, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged cancer treatment, FinVector, Gene Therapy Facility, Jean-Frédéric Paulsen, KUOPIO, NIB, partnership, Petri Peltonen, Professor Seppo Ylä-Herttuala, Soile Lahti, sustainability
(IN BRIEF) CapMan Infra has announced a significant investment in Hamina, Finland, through its CapMan Nordic Infrastructure II fund, acquiring full ownership of Haminan Kaukolämpö Oy and Haminan Sähköverkko Oy from Haminan Energia. This acquisition aims to enhance the utilization … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Technology
Tagged acquisition, CapMan, CapMan Infra, energy infrastructure, Hamina, Haminan Energia, Haminan Kaukolämpö Oy, Haminan Sähköverkko Oy, investment, Kimmo Rahkamo, partnership, sustainability
(IN BRIEF) The ACP Trust Fund has secured over €74 million in pledges from seven EU member states, including Denmark, Finland, Germany, Luxembourg, Portugal, Spain, and Sweden, to support economic growth in African, Caribbean, and Pacific (ACP) countries. This funding … Read the full press release
Posted in Banks, Business, Denmark, Economy, Environment, European Union, Financial, Finland, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Portugal, Spain, Sweden
Tagged African Caribbean and Pacific (ACP) Nations, Benjamin Dousa, Denmark, Dirk Meyer, economic, EIB, Finland, funding, Germany, Gilles Roth, Joaquim Miranda Sarmento, José Manuel Albares, Juha Savolainen, Jutta Urpilainen, Lars Løkke Rasmussen, Luxembourg, partnership, PORTUGAL, Spain, sustainability, Sweden, Thomas Östros
(IN BRIEF) Eviden, a division of the Atos Group focused on advanced computing, has partnered with IQM Quantum Computers to enhance accessibility to quantum computing. They have installed the IQM Spark™, a superconducting quantum computer, at Eviden’s Angers facility in … Read the full press release
Posted in Business, Environment, Financial, Finland, France, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Technology
Tagged Atos, Dr. Mikko Välimäki, Dr. Cédric Bourrasset, Eviden, France, IQM Quantum Computers, IQM Spark™, partnership, Quantum Computing Accessibility, sustainability, Sylwia Barthel de Weydenthal
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