Category Archives: Finland

Press Releases & News from Finland distributed via EuropaWire

New Research Reveals That Combining Genetic and Demographic Data Enhances Prediction of Species’ Extinction Risks

(IN BRIEF) New research demonstrates that combining genetic diversity data with demographic information provides a more accurate prediction of extinction risks in natural populations. The study, conducted on the Glanville fritillary butterfly, shows that while genetic diversity is important, its … Read the full press release

Synology Expands Nordic Presence Through Strategic Partnership with Gandalf Distribution AB

(IN BRIEF) Synology has partnered with Gandalf Distribution AB to expand its reach across the Nordic region, including Denmark, Sweden, Norway, Finland, and Iceland. This collaboration will improve the availability and support of Synology’s advanced data management solutions, leveraging Gandalf … Read the full press release

ANDRITZ Supplies Advanced Equipment for Mondi’s NSSC Production Line and Woodyard Upgrade in Finland

(IN BRIEF) ANDRITZ has supplied key equipment for Mondi’s containerboard mill in Kuopio, Finland, as part of an expansion and upgrade project. The delivery includes a new hardwood NSSC production line and an upgraded woodyard, which will increase the mill’s … Read the full press release

Moody’s Reaffirms Outokumpu’s Ba2 Rating, Acknowledges Industry-Leading Financial Strength

(IN BRIEF) Moody’s has reaffirmed Outokumpu’s Ba2 corporate family rating with a stable outlook, maintaining the upgrade it made in May 2023 from a previous Ba3 rating. The decision reflects Moody’s recognition of Outokumpu’s strong financial position and successful profit … Read the full press release

Outokumpu Expands Metal Powder Production with New Collaborations and Publicly Funded Projects

(IN BRIEF) Outokumpu is advancing its entry into the metal powder market for additive manufacturing, transitioning to commercial production after a successful pilot year at its Krefeld facility in Germany. The company aims to produce up to 330 tons of … Read the full press release

Nokia and Swisscom Broadcast to Launch Nation’s Largest Drone Network for Enhanced Safety and Efficiency

(IN BRIEF) Nokia and Swisscom Broadcast are partnering to deploy a nationwide Drones-as-a-Service network in Switzerland, featuring 300 Nokia Drone-in-a-Box units. This network will enhance safety and efficiency for public safety and industrial applications, supporting emergency response, infrastructure inspection, and … Read the full press release

Nokia Achieves Milestone with Self-Certification of Fiber Products for BEAD Compliance

(IN BRIEF) Nokia has become the first technology vendor to self-certify its U.S.-manufactured fiber products as Buy America-compliant for the Broadband Equity, Access, and Deployment (BEAD) program. This certification ensures that operators and infrastructure builders can use Nokia’s certified products, … Read the full press release

Equinor Powers Platform Supply Vessel with Gasum’s Bio-LNG

(IN BRIEF) Gasum has partnered with Equinor to supply liquefied biomethane (bio-LNG) to Equinor’s platform supply vessel, Island Crusader, in the Port of Dusavik, Stavanger. The initiative, which began in mid-July, involves regular deliveries of bio-LNG, a renewable fuel with … Read the full press release

Hiab Launches Advanced JONSERED iZ.18R HD Recycling Crane with SPACEevo Control System

(IN BRIEF) Hiab, part of Cargotec, has launched the JONSERED iZ.18R HD recycling crane, targeting the 18 to 19 tm market segment. Equipped with the advanced SPACEevo control system and the Olsbergs Q200 valve, the crane is designed for high-frequency … Read the full press release

Gasum Halts All LNG Purchases from Russia Due to EU Sanctions

(IN BRIEF) Gasum, a leading Nordic energy company, has ceased all LNG purchases from Russia following the EU’s 14th sanctions package, which prohibits the import of Russian LNG through EU terminals not connected to the EU gas network. Effective from … Read the full press release

Stora Enso Appoints Niclas Rosenlew as CFO and Carolyn Wagner as EVP of Packaging Solutions

(IN BRIEF) Stora Enso has appointed Niclas Rosenlew as the new Group Chief Financial Officer and Carolyn Wagner as the Executive Vice President of the Packaging Solutions division. Both will join the company by January 2025, bringing extensive experience and … Read the full press release

Stora Enso Reports Improved EBIT and Cash Flow Amidst Slight Sales Decline in Q2 2024

(IN BRIEF) Stora Enso reported a slight decrease in Q2 2024 sales but saw significant improvements in adjusted EBIT and cash flow. Key highlights include successful value creation and profit improvement programmes, a major investment in the Oulu mill, and … Read the full press release

ANDRITZ Selected for FEED of Major Carbon Capture Unit at Westenergy’s Waste-to-Energy Plant in Finland

(IN BRIEF) ANDRITZ has been selected to perform the front-end engineering design (FEED) for a large-scale carbon capture unit at Westenergy’s waste-to-energy plant in Finland. The project, ordered by ECCU Ltd, aims to capture all CO2 emissions from the plant’s … Read the full press release

Ericsson Secures EUR 100 Million Loan from NIB to Advance Wireless Technology Efficiency

(IN BRIEF) Ericsson, a prominent Swedish telecommunications company, has secured a new EUR 100 million loan from the Nordic Investment Bank (NIB) to bolster its research and development efforts aimed at enhancing wireless technology efficiency. This loan, NIB’s second for … Read the full press release

EIB Funds €435 Million to Stora Enso for Sustainable Packaging Transformation in Oulu

(IN BRIEF) The European Investment Bank (EIB) is extending a €435 million credit to Stora Enso to upgrade its Oulu manufacturing site for producing eco-friendly, fiber-based packaging for food and personal care products. This investment aims to reduce plastic reliance … Read the full press release

Nordic Investment Bank Supports EcoDataCenter’s Expansion with SEK 280 Million Loan

(IN BRIEF) The Nordic Investment Bank (NIB) has finalized a SEK 280 million (approx. EUR 24 million) five-year loan agreement with EcoDC AB (EcoDataCenter) to support the expansion of its Falun data centre in Sweden. This funding will enable EcoDataCenter … Read the full press release

University of Helsinki Researchers Develop Controlled Proliferation Cells for Safer and Effective Cell Therapies

(IN BRIEF) Researchers at the University of Helsinki and HUS Helsinki University Hospital have developed a groundbreaking technique to control cell proliferation, enhancing the safety and efficacy of cell therapies. Published in Molecular Therapy, the study details how modified stem … Read the full press release

GTT Strategic Ventures Invests in Finnish Maritime Software Company Seaber.io

(IN BRIEF) GTT Strategic Ventures, alongside Counterview Capital, Lifeline Ventures, and Tesi, has invested in Finnish maritime software company Seaber.io. Based in Helsinki, Seaber.io specializes in digitalizing scheduling and chartering for bulk shipping, utilizing AI and machine learning for real-time … Read the full press release

French Government Greenlights Neste’s Renewable Diesel for Public Fuel Stations

(IN BRIEF) Neste celebrates a pivotal regulatory milestone as the French government approves the sale of 100% renewable transport fuels, including Neste’s renewable diesel, at all public fuel stations across France. This decision expands access beyond logistics companies to private … Read the full press release

Nokia Plans EUR 350 Million Sale of ASN Submarine Networks Business to French State

(IN BRIEF) Nokia has entered into an agreement to sell its Alcatel Submarine Networks (ASN) business to the French State’s Agence des participations de l’Etat (APE) for EUR 350 million. This strategic move aims to streamline Nokia’s Network Infrastructure portfolio, … Read the full press release