(IN BRIEF) The Nordic Investment Bank (NIB) has signed a EUR 50 million loan agreement with Nefab Group AB, a Swedish industrial packaging company, to facilitate its acquisitions of US PolyFlex Products Inc. and Swiss Cargopack group AG, as well … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged acquisitions, Nefab Group, NIB, partnership, Patrick Nylund, sustainability, Sweden, Swiss Cargopack group AG, US PolyFlex Products Inc.
(IN BRIEF) Gasum Group has made its annual reports for the year 2023 available on its website, comprising the annual review, sustainability report, and governance and remuneration report. The financial review highlights a 44.0 percent decrease in revenue to EUR … Read the full press release
Posted in Business, Economy, Environment, Financial, Finland, Industrial, Investment, Management, News
Tagged Financial, Gasum Group, investment, sustainability
(IN BRIEF) Nordic Investment Bank (NIB) has signed a 7-year loan agreement to support ferry and express boat operator Norled AS in its investments towards zero and low carbon vessels and associated land-based infrastructure in Norway from 2024 to 2030. … Read the full press release
Posted in Banks, Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Transportation & Logistics
Tagged Harald Rokke, Maritime Transition, NIB, Norled AS, Norway, partnership, sustainability
(IN BRIEF) Mercedes-Benz Trucks engineers have completed rigorous trials of the battery-electric eActros 600 in Rovaniemi, Finland, enduring temperatures as low as minus 35 degrees Celsius. Dr. Christof Weber, Head of Global Testing, expresses satisfaction with the test outcomes, praising … Read the full press release
(IN BRIEF) Finnvera, in collaboration with its subsidiary Finnish Export Credit Ltd, launches bill of exchange financing for Finnish exporters engaged in long-term export transactions, particularly benefiting small and medium-sized enterprises (SMEs). This financing solution complements the Export Credit introduced … Read the full press release
Posted in Business, Economy, Environment, Financial, Finland, Industrial, Investment, Management, News, Small Business
Tagged Bill of Exchange Financing, Financial, Finnish Export Credit Ltd, Finnvera, investment, Juuso Heinilä, Minna Lindqvist, Otto Lindstedt, partnership, SMEs, sustainability, transactions
(IN BRIEF) Neste has finalized its organizational restructuring, merging its three renewable business units into one and restructuring functions to align with business-driven operations. The move aims to enhance cost-efficiency, competitiveness, and execution of growth strategy. Approximately 400 job roles … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Industrial, Management
Tagged Neste, organizational change, renewable energy, restructuring, Susanna Sieppi
(IN BRIEF) Researchers from the University of Helsinki, in collaboration with partners from the University of Tartu, University of Madeira, and MARE-Madeira, ARDITI, are pioneering the integration of Artificial Intelligence (AI) and sensor technologies to revolutionize marine data collection. By … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Environment, Financial, Finland, Industrial, Investment, Management, News, Science, Technology
Tagged AI, ARDITI, MARE-Madeira, Marine Data Collection, Ocean Conservation, partnership, Petteri Nurmi, sustainability, University of Helsinki, University of Madeira, University of Tartu
(IN BRIEF) The Nordic Investment Bank (NIB) has finalized a EUR 125 million 8-year loan agreement with Finnish company Valmet Oyj to support its research and development (R&D) initiatives in Finland and Sweden from 2023 to 2025. Valmet, a global … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged André Küüsvek, INNOVATION, Janne Pynnönen, Nordic Investment Bank, partnership, sustainability, Sweden, Valmet Oyj
(IN BRIEF) wpd, a leading developer of onshore wind energy projects in Europe, has achieved significant milestones in Sweden and Finland. In Sweden, they’ve commissioned the Stöllsäterberget wind farm and secured contracts for future projects. In Finland, wpd is progressing … Read the full press release
Posted in Energy, Gas & Oil, Finland, Germany, Industrial, Infrastructure & Utilities, Sweden
Tagged Dalarna, Finland, Green Energy, Lapland, Maaselänkangas wind farm, onshore wind energy, Oulainen, Palovaara, Paul Bade, Råliden wind farm, renewable energies, Ripfjället, Söderskogen, Stöllsäterberget wind farm, Sweden, Tomasliden, Värmland, Västerbotten, wind farm infrastructure, WPD, wpd Scandinavia, wpd Suomi, wpd Suomi Oy
(IN BRIEF) Aktia, a Finnish asset manager, bank, and life insurer, announces the inclusion of “Empowering employee experience” as a strategic priority alongside other refined targets. CEO Juha Hammarén emphasizes the pivotal role of employees in driving excellent customer experience … Read the full press release
Posted in Banks, Business, Economy, Financial, Finland, Industrial, Insurance, Investment, Management, News
Tagged Aktia, Employee Experience, Juha Hammarén, Strategic Priorities
(IN BRIEF) Kalmar, a subsidiary of Cargotec, has attained ISO 27001 certification for its Information Security Management System (ISMS), affirming its adherence to the highest standards in safeguarding sensitive information. The certification, awarded after a thorough process conducted by Cargotec’s … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) and Billerud Aktiebolag (publ) have finalized a SEK 400 million investment loan agreement to support Billerud’s research and development (R&D) activities from 2023 to 2026. Billerud, a leading Swedish paper and packaging materials … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Industrial, Investment, Management, News, Sweden, Technology
Tagged André Küüsvek, Andrei Krés, Billerud Aktiebolag, NIB, partnership, sustainability, Sustainable Packaging R&D, Sweden
(IN BRIEF) MacGregor, a part of Cargotec, has clinched a significant order to supply three cranes for installation on a cutting-edge cable layer from global shipbuilder VARD. The contract encompasses a 100-tonne active heave-compensated (AHC) crane, a 20-tonne offshore crane, … Read the full press release
Posted in Business, Environment, Finland, Government, Industrial, Investment, Management, News, Norway, Technology, Transportation & Logistics
Tagged Cable Layer, Cargotec, crane, MacGregor, Norway, partnership, Pasi Lehtonen, Vard
(IN BRIEF) Logicor, a leading European logistics real estate developer, has finalized the construction of a 10,400 sqm storage facility for Walki Sp. z o.o., a protective packaging manufacturer. This expansion, doubling Walki’s space at Logicor Wrocław II to 21,000 … Read the full press release
Posted in Business, Construction, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Real Estate, Technology, Transportation & Logistics, United Kingdom
Tagged Bartłomiej Engel, Ernest Ziółkowski, expansion, Logicor, partnership, sustainability, Walki's Warehouse Facility
(IN BRIEF) NIB and Nooa Savings Bank Ltd have entered into a EUR 10 million loan agreement aimed at financing small and medium-sized enterprises (SMEs) in Finland. The seven-year maturity loan will support Nooa Savings Bank’s strategic objectives of growing … Read the full press release
Posted in Banks, Business, Economy, Financial, Finland, Industrial, Investment, Management, News, Small Business
Tagged André Küüsvek, NIB, Nooa Savings Bank, partnership, Pekka Haajanen, SMEs
(IN BRIEF) Stora Enso’s innovative Harvesting Partner concept, aimed at fostering entrepreneurship and skillful operators in the forest industry, has expanded across Sweden, Finland, Norway, and Lithuania since its launch in November 2022. In collaboration with SEB, Stora Enso has … Read the full press release
Posted in Banks, Business, Construction, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Lithuania, Management, News, Norway, Sweden, Technology
Tagged entrepreneurs, Financing Model, Finland, Forest Industry, innovative, Jakob Hansson, Lithuania, Mattias Bränngård, Norway, partnership, SEB, Stora Enso, sustainability, Sweden
(IN BRIEF) In early 2024, Europe’s medical and research communities announced major breakthroughs in cancer care, highlighting new treatments like AstraZeneca and Daiichi Sankyo’s datopotamab deruxtecan for lung and breast cancer, and AstraZeneca’s Tagrisso for EGFR-mutated lung cancer. Diagnostic advancements … Read the full press release
Posted in Finland, Germany, Healthcare, Insurance, News, Pharma & Biotech, Science, Society, Switzerland, Technology, United Kingdom
Tagged accessible cancer solutions, AstraZeneca, Aviva, BioNTech, breast cancer, breast cancer screening, cancer care, cancer diagnostics, cancer prevention awareness, cancer research, cancer treatment, colorectal cancer, Daiichi Sankyo, datopotamab deruxtecan, Duality Biologics, Eckert & Ziegler, EMA, FDA, genetic risk information, Inspirna, lung cancer, Merck KGaA, multi-cancer early detection, neuroendocrine neoplasms diagnostics, Novartis, ompenaclid, oncology, polygenic risk score, preventive healthcare, Professor Tim Maughan, ReSisTrace methodology, Stage III EGFR-mutated lung cancer, Swiss Re Institute, Tagrisso, treatment-resistant cancer cells, University of Helsinki, University of Liverpool
(IN BRIEF) Triton announces the strategic combination of its portfolio companies, Assemblin and Caverion, into the newly formed Assemblin Caverion Group, headquartered in Sweden. This merger, aimed at capitalizing on complementary strengths and expanding service offerings, marks Triton’s continued investment … Read the full press release
(IN BRIEF) Outokumpu, a leading provider of sustainable stainless steel, has partnered with Finnish shipping firm Langh Ship to revolutionize short sea liner operations. By introducing energy-efficient and low-emission vessels, such as the inaugural multipurpose vessel Lovisa, Outokumpu aims to … Read the full press release
(IN BRIEF) Neste, a global leader in sustainable solutions, introduces “Neste Impact,” a groundbreaking emission reduction solution empowering businesses to curtail their air travel-related carbon footprint. By purchasing Neste MY Sustainable Aviation Fuel™, companies can achieve up to an impressive … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Investment, Management, News, Travel
Tagged 'Neste Impact', Aviation, emissions, Kristina Öström, Neste, SAF, Susanna Sieppi, sustainability
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