(IN BRIEF) Neste has introduced co-processed Neste RE, a new renewable feedstock for the polymers and chemicals industry. Produced by co-processing renewable raw materials like used cooking oil with fossil crude oil at its Porvoo refinery, this feedstock offers a … Read the full press release
Posted in Agriculture, Business, Chemicals, Energy, Gas & Oil, Environment, Finland, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged chemicals, feedstock, Jeroen Verhoeven, Neste, Neste RE™, partnership, polymers, sustainability
(IN BRIEF) Finnish companies will gain access to over €400 million in financing for green and digital transformations through a partnership between Nordea Bank and the European Investment Fund (EIF). Backed by the InvestEU programme, the agreement provides SMEs and … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Finland, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged businesses, clean technology, EIF, energy efficiency, Financial, Finland, InvestEU, Marjut Falkstedt, Nina Arkilahti, Nordea Bank, partnership, SMEs, sustainability
(IN BRIEF) The Nordic Investment Bank (NIB) has signed a SEK 750 million (approximately EUR 65.2 million) loan agreement with Ziklo Bank AB to support small and medium-sized enterprises (SMEs) and small mid-caps (SMCs) in Sweden. The 7-year program will … Read the full press release
Posted in Banks, Business, Economy, Financial, Finland, Government, Industrial, Investment, Management, News, Small Business, Sweden
Tagged Financial, NIB, partnership, SMCs, SMEs, sustainability, Sweden, Ziklo Bank AB
(IN BRIEF) The Nordic Investment Bank (NIB) has signed a 7-year EUR 42.8 million loan agreement with Sunnhordland Kraftlag AS (SKL) to finance the modernization of the Løkjelsvatnet hydropower plant in Etne, Norway. Completed in October, the upgrade doubled the … Read the full press release
(IN BRIEF) Sweden has contributed SEK 9 million (approximately EUR 765,500) to the NEFCO-managed Baltic Sea Action Plan (BSAP) Fund, further supporting efforts to tackle environmental challenges in the Baltic Sea. Established by Sweden and Finland in 2010, the BSAP … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Non Profit, Sweden
Tagged Baltic Sea, BSAP, Dennis Hamro-Drotz, Finland, Jacob Hagberg, Mia Dahlström, NEFCO, partnership, sustainability, Sweden
(IN BRIEF) Neste and AT-Tuote have partnered to launch AT Fossil Free Multi Oil, a multipurpose oil made with over 90% renewable content from Neste RE™ feedstock. This collaboration aims to reduce the product’s carbon footprint by over 85% compared … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News
Tagged AT-Tuote, Jeroen Verhoeven, Jorma Virtanen, Multipurpose Oil, Neste, Neste RE™, partnership, Renewable Content, sustainability
(IN BRIEF) Finnvera plc has confirmed Juha Ketola’s appointment as Executive Vice President for SME and midcap financing, starting January 2025. Ketola, who has served as interim Executive Vice President since June 2024, brings extensive leadership experience, particularly as a … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, News, Small Business
Tagged appointment #leadership, Executive Vice President, Finnvera, Juha Ketola, Juuso Heinilä, Midcap Financing, SME
(IN BRIEF) Aleksi Moine, a doctoral researcher at the University of Helsinki, investigates the role of corporeality in 19th-century Northern Karelian healing incantations. His interdisciplinary research explores how these rituals depict the human body and health, offering insights into historical … Read the full press release
(IN BRIEF) Fortum is renewing the main seawater pumps and motors at its Loviisa nuclear power plant as part of investments to extend the plant’s lifespan and ensure reliable electricity production. The seawater pumps, critical to the plant’s cooling system, … Read the full press release
(IN BRIEF) Nokia and du have successfully launched the first commercial 5G Standalone Cloud RAN solution in the Middle East and Africa, marking a significant advancement in the UAE’s digital transformation goals. Utilizing Nokia’s flexible anyRAN approach, the deployment integrates … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged 5G Cloud RAN, Africa, AI, connectivity, du, Mark Atkinson, Middle East, Nokia, partership, Saleem Alblooshi, UAE
(IN BRIEF) Skanska has secured a $126 million contract from the Tennessee Department of General Services to renovate Legislative Plaza in Nashville. The project includes modernizing office spaces, upgrading the Motlow Tunnel, and improving mechanical, electrical, and plumbing systems. The … Read the full press release
Posted in Business, Construction, Environment, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Legislative Plaza, Nashville, partership, renovation, Skanska, sustainability
(IN BRIEF) Ahlstrom has launched a PFAS-free filtration platform for air-oil separation applications, addressing the growing demand for sustainable and efficient industrial filtration solutions. Designed to replace traditional PFAS-based technologies, the new filtration media offers advanced water-repellent properties, maintaining filtration … Read the full press release
(IN BRIEF) Sampo plc has donated €50,000 to the Finnish Red Cross Disaster Relief Fund to support global humanitarian aid for those affected by natural disasters and conflicts. The fund provides essentials like food, water, shelter, and field hospitals, while … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Insurance, Investment, Management, News
Tagged donation, Finnish Red Cross Disaster Relief Fund, health, Johanna Tynkkynen, partnership, Red Cross, safety, Sampo, Sirpa Solehmainen, sustainability, well-being
(IN BRIEF) Skanska has been awarded a €252 million contract by City Transport Ltd to build a state-of-the-art tram depot in Helsinki, Finland. The 41,000-square-meter facility will house and service up to 50 trams, with provisions for maintenance, cleaning, and … Read the full press release
(IN BRIEF) Gasum has announced changes to its Management Team (GMT) following the retirement of Tor Husebø, Vice President of Projects & Biogas Production, effective 1 December 2024. Tommy Mattila will assume Husebø’s role, while Ville Pesonen will take over … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Industrial, Infrastructure & Utilities, Management, News
Tagged appointment, Gasum, leadership, Tommy Mattila, Tor Husebø, Ville Pesonen
(IN BRIEF) On November 27, 2024, the Tukikummit Foundation, managed by CapMan, hosted its annual charity event, “Together for a Better Future,” raising funds for children and youth in Finland. The event marked its ninth edition, with all proceeds going … Read the full press release
Posted in Business, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Non Profit, Real Estate, Society
Tagged 'Together for a Better Future', CapMan, charity event, Emilia Åberg, Finnish Youth, fundraising, Jarno Limnéll, Joakim Frimodig, Pata Degermann, Peter Sarlin, President Sauli Niinistö, society, Tukikummit foundation
(IN BRIEF) Valio has partnered with Denps to create Denmark Protein Story, a premium protein supplement for Korea’s health-conscious market, featuring Valio’s lactose-free ingredient, Valio Eila® MPC 65. This high-protein milk concentrate makes up 40% of the product, offering both … Read the full press release
Posted in Business, Denmark, Environment, Financial, Finland, Food & Beverage, Government, Healthcare, Industrial, Investment, Management, Marketing, News
Tagged Denmark, Denps, Hanwhi Paek, Health-Conscious Market, KOREA, partnership, Protein Supplement, Sari Vahla, sustainability, Valio
(IN BRIEF) Metso has launched the Next Generation Fluid Bed Roaster, featuring enhanced components and advanced digital tools to improve roasting plant performance. The upgraded roaster increases plant safety, stability, and operational efficiency while enabling the use of previously unsuitable … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged efficiency, Fluid Bed Roaster, Jörg Hammerschmidt, Metso, performance
(IN BRIEF) The Natural Resources Institute Finland (Luke) and food industry partners have launched the FABulOATS project to enhance oats and faba beans for plant-based food production using advanced genomic breeding technologies. The initiative aims to develop tailored crop varieties … Read the full press release
Posted in Business, Environment, Financial, Finland, Food & Beverage, Industrial, Investment, Management, News, Technology
Tagged Faba Beans, FABulOATS project, innovations, Natural Resources Institute Finland (Luke), Oats, partnership, Plant-Based Food, Saara Pöyri, Sirja Viitala, sustainability, Valio
(IN BRIEF) Sophie Haan, EVP of Ahlstrom’s Protective Materials division and a member of the Executive Leadership Team, will leave the company at the end of January 2025 to pursue a new career opportunity. Ahlstrom has begun the search for … Read the full press release
Posted in Business, Environment, Finland, Industrial, Investment, Management, News
Tagged Ahlstrom, appointment, EVP, Helen Mets, leadership, Sophie Haan
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