(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
(IN BRIEF) Gasum and Wasaline have formed a partnership to create the first large-scale FuelEU Maritime pooling service, which will enable shipping companies to reduce compliance costs while promoting the use of low-emission fuels. Wasaline’s hybrid ferry, operating on bio-LNG, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics
Tagged Gasum, Jacob Granqvist, low-emission, partnership, Peter Ståhlberg, Shipping Solutions, sustainability, Wasaline
(IN BRIEF) Wienerberger has announced its expansion into the Nordic market with the acquisition of Finnish company Slatek OY and Norwegian firm Tekken AS. This move aims to enhance its portfolio in smart water management and infrastructure solutions, adding approximately … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged acquisitions, Finland, Heimo Scheuch, Norway, partnership, Slatek OY, sustainability, Tekken AS, Water Solutions, Wienerberger
(IN BRIEF) Stora Enso’s innovative cartonboard solutions are reshaping the packaging industry by helping customers reduce their reliance on plastics. Hinojosa Packaging Galería Gráfica selected Stora Enso’s Performa Brilliance™ to create sophisticated packaging for their luxury perfume line. This collaboration … Read the full press release
Posted in Apparel, Fashion & Beauty, Awards, Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Spain, Technology
Tagged Awards, Cartonboard Solution, Hinojosa Packaging Galería Gráfica, leadership, Merche Casado, packaging, partnership, Performa Brilliance™, Perfume, Spain, Stora Enso, sustainability
(IN BRIEF) Epiroc has secured a USD 150 million, ten-year sustainability-linked loan from the Nordic Investment Bank (NIB) to support its ambitious climate goals aimed at reducing carbon emissions in the mining industry. The agreement is tied to three key … Read the full press release
Posted in Banks, Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, Metals and Minerals, News, Sweden
Tagged André Küüsvek, decarbonization, Epiroc, Mining Industry, NIB, partnership, sustainability, Sweden
(IN BRIEF) Metso has signed a distribution agreement with Korund, making Korund the official distributor for Metso’s crushing and screening solutions in Kazakhstan and Kyrgyzstan. The partnership will focus on the aggregates segment, with Korund providing Metso’s equipment, wear parts, … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged Carlos Padim, Central Asia, Crushing, Dr. Valentin Bereza, Kazakhstan, Korund, Kyrgyzstan, Metso, partnership, Screening Solutions, sustainability
(IN BRIEF) The University of Helsinki has entered into a partnership with South Korea’s Yonsei University through a newly signed Memorandum of Understanding (MoU). This agreement aims to foster research collaboration and is a key step in Helsinki’s broader strategy … Read the full press release
(IN BRIEF) The University of Helsinki’s Tvärminne Zoological Station operates the Finnish Scientific Diving Academy (FSDA), which specializes in training researchers to conduct scientific diving in extreme environments, such as polar regions impacted by climate change. The academy received an … Read the full press release
(IN BRIEF) Alma Media has sold its 65% stake in Kotikokki Net Oy to Rohea Oy, which already owned a minority share of the company. The sale will be finalized on October 1, 2024. Kotikokki.net is a popular Finnish recipe-sharing … Read the full press release
Posted in Business, Financial, Finland, Food & Beverage, Government, Industrial, Investment, Management, Media, News, Technology
Tagged Alma Media, Eero Holmila, Juha-Petri Loimovuori, Kotikokki Net Oy, partnership, Rohea
(IN BRIEF) Alma News Media has announced plans to accelerate its digital growth strategy, which could lead to the discontinuation of three print publications: Kauppalehti Optio, Fakta, and Mediuutiset. As part of this shift, the company has initiated change negotiations … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, Media, News, Technology
Tagged Alma News Media, digital, Fakta, Iltalehti, Juha-Petri Loimovuori, Kauppalehti Optio, Mediuutiset, Print Titles, restructuring
(IN BRIEF) MacGregor, a division of Cargotec, has secured a contract to supply cargo access equipment for 12 Pure Car and Truck Carriers (PCTCs) being built for CIDO Shipping at China Merchants Heavy Industry (Jiangsu) Co., Ltd. The deal includes … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) has invested €10 million in a €250 million, 6-year Green MREL-eligible bond issued by Denmark’s Spar Nord Bank. This bond helps the bank meet EU regulatory requirements for loss absorption and capital recovery … Read the full press release
Posted in Banks, Business, Denmark, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Small Business
Tagged André Küüsvek, Denmark, investment, NIB, partnership, SME, Spar Nord Bank, sustainability
(IN BRIEF) Vaisala and the Estonian Environment Agency have installed Europe’s first C-band Solid-State Power Amplifier weather radar in Tallinn. This advanced technology offers improved weather forecasting accuracy, enhanced system reliability, and lower operational costs compared to traditional radars, setting … Read the full press release
Posted in Aviation & Aerospace, Business, Construction, Environment, Estonia, Finland, Government, Industrial, Infrastructure & Utilities, Management, News, Technology
Tagged Aleksis Kajava, C-Band Solid-State Power Amplifier (SSPA), Estonia, partnership, sustainability, Tanel Voormansik, Vaisala, Weather Radar
(IN BRIEF) Artificial intelligence (AI) plays an increasingly significant role in our daily lives, from automated home appliances to digital assistants and even therapeutic robots. While AI can optimize tasks and make life more efficient, ethics researchers from the University … Read the full press release
(IN BRIEF) Metso has signed a contract with Beijing Shougang International Engineering Technology Co. Ltd (BSIET) to deliver a compact traveling grate pelletizing plant for Ruifeng Iron and Steel Group in Hebei, China. The plant, with a 1.7 million tons … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Management, Metals and Minerals, News, Technology
Tagged Beijing Shougang International Engineering Technology Co. Ltd (BSIET), CHINA, Iron Ore Pelletizing Plant, Matthias Gabriel, Metso, partnership, Ruifeng, sustainability
(IN BRIEF) SolarLab, a Danish company specializing in solar facades for buildings, has secured a EUR 1.6 million loan from Nefco to increase production and expand into the U.S. market. The funds will be used to relocate all production to … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Denmark, NEFCO, partnership, Peter Melchior, SolarLab, sustainability, Søren Berg Rasmussen, U.S.
(IN BRIEF) Stora Enso and Södra have entered into a long-term agreement to collaborate on advancing the use of kraft lignin, a sustainable material derived from the pulping process. Under the partnership, Södra will supply kraft lignin from its new … Read the full press release
Posted in Business, Construction, Environment, Financial, Finland, Industrial, Investment, Management, News, Sweden, Technology
Tagged Bio-Based Material, Johannes Bogren, Juuso Konttinen, kraft lignin, partnership, Södra, Stora Enso, sustaianbility, Sweden
(IN BRIEF) METLEN Energy & Metals, in partnership with Knowl, continues its support for the FemStem Initiative, aimed at reducing gender inequality in STEM fields. The six-month program provides women with 30 hours of training in essential skills, career counseling, … Read the full press release
Posted in Business, Education, Energy, Gas & Oil, Finland, Greece, Industrial, Investment, Management, News, Science, Society, Technology
Tagged empower women, FemStem, Knowl, Metlen, partnership, STEM, Training Cycle
(IN BRIEF) Outokumpu is set to release a white paper addressing the future of the steel industry, highlighting the critical need for decarbonization and transformation amid growing geopolitical tensions. The report outlines five key shifts required to drive the green … Read the full press release
Posted in Business, Environment, Finland, Industrial, Management, Metals and Minerals, News
Tagged decarbonizing, Jen Carson, Johann Steiner, Outokumpu, Steel Industry, sustainability
(IN BRIEF) SSAB and Meka Pro Oy have signed an agreement for the supply of fossil-free steel to be used in manufacturing cable management systems, such as cable ladders and trays. Starting in 2026, Meka Pro Oy will receive low-emission … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged Cable Management Systems, Finland, fossil-free steel, Meka Pro Oy, partnership, SSAB, sustainability
(IN BRIEF) Stora Enso has opened its new head office, Katajanokan Laituri, in Helsinki, the largest mass timber building in Finland. The four-storey structure, also housing the Solo Sokos Hotel Pier 4, showcases sustainable, low-carbon construction. Built with prefabricated wood … Read the full press release
Posted in Business, Construction, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Architecture, Hans Sohlström, Helsinki, Stora Enso, sustainability
(IN BRIEF) Borealis has joined the Finnish Environment Ministry’s Circular Economy Green Deal, committing to promoting a low-carbon, circular economy. The company plans to use 30 kilotons of Finnish plastic waste as raw material by 2035 and improve its energy … Read the full press release
(IN BRIEF) Metso has opened a Digital Design and Development Studio in Krakow, Poland, as part of its strategy to accelerate digital transformation in the minerals processing industry. The new facility will focus on developing advanced solutions using AI, data … Read the full press release
(IN BRIEF) Å Energi has partnered with the Nordic Investment Bank (NIB) to secure a NOK 1 billion loan aimed at upgrading and expanding the electricity grid in Southern Norway’s Agder and Buskerud counties. The 10-year loan will finance 22 … Read the full press release
(IN BRIEF) CapMan Real Estate has entered a strategic partnership with Riksbyggen to manage its residential properties across Sweden. The collaboration aims to provide high-quality living environments by focusing on tenant satisfaction, safety, and sustainability. CapMan is expanding its investments … Read the full press release
(IN BRIEF) NIB and Kesko have signed a €150 million, 7-year sustainability-linked loan aimed at reducing Kesko’s greenhouse gas emissions and food waste. The loan’s interest rate is tied to Kesko’s progress on three key performance indicators: a 90% reduction … Read the full press release
Posted in Business, Environment, Financial, Finland, Food & Beverage, Government, Industrial, Investment, Management, News, Retail
Tagged André Küüsvek, Anu Hämäläinen, food waste, Kesko, NIB, partnership, sustainability
(IN BRIEF) ST Telemedia Global Data Centres (STT GDC) has become the first data center operator in Singapore to power its backup generators with Neste MY Renewable Diesel™, thanks to a collaboration with Neste. The switch, made in July 2024, … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) has granted an eight-year SEK 200 million (EUR 17.05 million) loan to Bonnier Fastigheter AB to fund the refurbishment of five buildings in Stockholm and Uppsala. The renovations focus on improving energy efficiency, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Real Estate, Sweden
Tagged Bonnier Fastigheter, ENERGY, NIB, partnership, Patrick Nylund, renovations, Stockholm, sustainability, Uppsala
(IN BRIEF) Metso has unveiled an upgraded version of its Larox® PF 60 pressure filter, designed to improve safety, efficiency, and dewatering capacity for the mining and process industries. The new filter reduces water and oil usage by up to … Read the full press release
(IN BRIEF) AFRY is collaborating with Fortum to modernize the Untra hydropower plant in Sweden, which has been in operation for over 100 years. The project involves replacing three of the plant’s five generators, which will increase its output from … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged AFRY, Finland, Fortum, Miriam Mesquine, partnership, sustainability, Sweden, Untra Hydropower Plant
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
