Category Archives: Finland

Press Releases & News from Finland distributed via EuropaWire

Vodafone and Nokia Successfully Test Groundbreaking Internet Technology for Improved Home Broadband Experience

(IN BRIEF) Vodafone and Nokia have conducted successful tests of a new Internet technology that promises to significantly enhance the home broadband experience, particularly for activities like gaming and video calls. The technology, known as L4S (Low Latency, Low Loss, … Read the full press release

Three Mushketeers: Transforming Mushroom Surplus into Culinary Gold

(IN BRIEF) Three Mushketeers, a startup founded by Emmi Korjus, Emma Kynkäniemi, and Ida Nikkilä, is revolutionizing the use of surplus mushrooms by creating a mushroom powder that enhances the taste of vegetarian dishes. The powder, currently in its second … Read the full press release

Hiab Secures EUR 7.3 Million Order for WALTCO Tail Lifts from Major US Retailer

(IN BRIEF) Hiab, a division of Cargotec, has announced a significant order worth EUR 7.3 million for WALTCO tail lifts in the US from a national discount retailer, booked in Cargotec’s Q1 2024 orders. The retailer, with numerous stores across … Read the full press release

University of Helsinki Launches Doctoral Researcher Positions Pilot Funded by Finnish Ministry

(IN BRIEF) The University of Helsinki has initiated a doctoral education pilot, sponsored by the Finnish Ministry of Education and Culture, offering three-year positions for doctoral researchers. With 236 vacancies across 11 sectoral pilots, the application period runs until April … Read the full press release

Stora Enso Releases 2023 Green Financing Report Highlighting Environmental Impact

(IN BRIEF) Stora Enso has released its Green and Sustainability-Linked Financing Report for 2023, highlighting the allocation of proceeds from green bonds and bilateral loans. The report details the environmental benefits achieved through projects in sustainable forest management and product … Read the full press release

NIB Partners with Aalto University Foundation to Enhance Campus Infrastructure in Espoo, Finland

(IN BRIEF) Nordic Investment Bank (NIB) and Aalto University Foundation sign a EUR 45 million loan agreement for the construction and renovation of Aalto University campus buildings in Espoo, Finland. The funding supports projects aimed at enhancing higher education, research, … Read the full press release

CEB Approves €1.3 Billion in Loans Across Europe for Social Sector Investments

(IN BRIEF) The Council of Europe Development Bank (CEB) has approved 11 new loans totaling €1.3 billion across various countries and sectors. These loans aim to address critical social issues such as microfinance, healthcare, education, and post-disaster reconstruction. Among the … Read the full press release

Study Reveals Higher Prevalence of Lewy Body Disease in Middle-Aged Population

(IN BRIEF) A recent study by the University of Helsinki and the University of Tampere suggests that Lewy body disease, the second most common brain degenerative disorder after Alzheimer’s, may be more prevalent in middle-aged individuals than previously believed. Utilizing … Read the full press release

Hiab Unveils Next-Generation Emission-Free Hybrid Crane Solutions

(IN BRIEF) Hiab, a part of Cargotec, introduces a new lineup of emission-free electric hybrid crane solutions, known as HIAB wspr, offering versatility and sustainability for various segments. These cranes, powered by both truck engines and electric power take-off (ePTO), … Read the full press release

Nordea Enhances Internal Allocation Framework for Improved Decision-Making

(IN BRIEF) Nordea announces the update of its internal allocation framework at the onset of 2024, aimed at bolstering transparency, accountability, and decision-making efficacy in capital deployment and resource allocation. The revised framework aligns business area profitability metrics with the … Read the full press release

Telia Denmark Maintains Network Excellence with Nokia’s Advanced Managed Services

(IN BRIEF) Telia Denmark has once again clinched the top spot for customer-perceived network quality in the country, thanks to Nokia’s advanced managed services. Umlaut, a renowned advisory firm, bestowed this recognition for the second consecutive year, underscoring Telia’s commitment … Read the full press release

NIB Partners with SCA to Fund Fasikan Wind Farm in Northern Sweden

(IN BRIEF) The Nordic Investment Bank (NIB) has inked a 10-year loan agreement with Svenska Cellulosa Aktiebolaget SCA (Publ) to co-finance the Fasikan Wind Farm in Jämtland county, northern Sweden. Valued at SEK 1 billion, this loan will bolster the … Read the full press release

Norwegian People’s Aid and Telia Test Portable Mobile Base Stations for Search and Rescue Missions

(IN BRIEF) Norwegian People’s Aid, in collaboration with Telia, is piloting the use of portable mobile base stations to extend cellular coverage in areas lacking network infrastructure. This initiative aims to enhance communication capabilities during critical search and rescue missions, … Read the full press release

Citycon’s Sustainability Strategy Update Drives Green Mobility and Community Engagement in 2023

(IN BRIEF) Citycon Oyj has released its 2023 Sustainability Accounts, showcasing the impact of its revised sustainability strategy. Key achievements include the transformation of centers into transportation hubs emphasizing green mobility, integration of AI technology for enhanced energy efficiency, and … Read the full press release

Fueling Sustainability: Gasum and NLF Collaborate to Advance Biogas in Norway’s Transportation Industry

(IN BRIEF) Gasum, a leading Nordic energy company, and the Norwegian Road Transport Association (NLF) have joined forces to promote the use of biogas as a key component of Norway’s green energy transition. The collaboration aims to raise awareness about … Read the full press release

Alma Media Solutions’ Cyber Pirates Podcast Wins Top Honors at Grand One Competition

(IN BRIEF) Alma Media Solutions Brand Studio’s podcast, “Cyber Pirates,” designed for DNA business solutions, has been recognized as the best podcast in the esteemed digital marketing Grand One competition. The eight-part series, targeting business decision-makers, garnered over 22,000 listeners, … Read the full press release

Advancing Sustainable Solutions: Metsä Group and ANDRITZ to Establish Lignin Refining Demo Plant

(IN BRIEF) Metsä Group has announced plans to build a demo plant for lignin refining at its Äänekoski bioproduct mill, with equipment supplied by ANDRITZ. Scheduled for completion in late 2025, the plant aims to refine lignin, a substance in … Read the full press release

Metso Launches Largest Global Service Center in Karratha, Western Australia

(IN BRIEF) Metso, a leading provider of sustainable solutions for the mining and aggregates industries, has inaugurated its largest service center globally in Karratha, Western Australia. With an investment of approximately EUR 32 million, this expansive facility spans 35,000 m² … Read the full press release

NIB Supports Nefab Group’s Expansion with EUR 50 Million Loan Agreement

(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

Gasum Group Releases 2023 Financial and Sustainability Reports

(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