(IN BRIEF) In a significant leadership change at Cargotec, Sami Niiranen has been appointed as the new President of Kalmar, effective by May 2024 at the latest. During this transition, Casimir Lindholm, Cargotec’s current President and CEO, will serve as … Read the full press release
(IN BRIEF) Hiab, a division of Cargotec, has introduced two new MULTILIFT hooklifts, the MULTILIFT Ultima 28Z and MULTILIFT Ultima ZERO, designed with a focus on sustainability and reduced carbon emissions. The heavy-duty MULTILIFT Ultima 28Z offers a lifting capacity … Read the full press release
(IN BRIEF) Finnish forest products company UPM has updated its Green Finance Framework to align with its Biofore strategy and incorporate the latest market practices and standards. SEB served as an adviser in the framework’s structuring. UPM had initially published … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden
Tagged Anssi Kiviniemi, Fredrik von Platen, Green Finance Framework, partnership, SEB, sustainability, sustainability goals, UPM
(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, has released its interim report for January to September 2023, highlighting both the challenges and successes during this period. In Q3 2023, the company experienced a challenging market environment in … Read the full press release
Posted in Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged Americas, economy, European market, Financial, Heikki Malinen, investment, Outokumpu, partnership, Pia Aaltonen-Forsell, sustainability
(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, and CRONIMET, a global leader in recycled stainless steel, are expanding their collaboration to enhance the sourcing and supply of high-quality scrap in Northeastern Europe. Outokumpu has agreed to acquire … Read the full press release
Posted in Business, Economy, Environment, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged CO2 emissions, CRONIMET, economy, Jürgen Pilarsky, Marc-Simon Schaar, Outokumpu, partnership, Stainless Steel, sustainability
(IN BRIEF) Outokumpu, a global leader in advanced materials, has unveiled plans for restructuring measures in Germany as part of its strategy to enhance competitiveness and maintain a strong position in the global market for advanced materials. The company aims … Read the full press release
Posted in Business, Construction, Economy, Environment, Financial, Finland, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged advanced materials, Dillenburg, Germany, leadership, Outokumpu, partnership, sustainability, Thomas Anstots
(IN BRIEF) Researchers in Finland have conducted a study to understand why some chronic myeloid leukaemia (CML) patients can safely discontinue their daily medication. CML is a type of blood cancer, and targeted drugs have significantly improved patient outcomes. However, … Read the full press release
Posted in Business, Education, Financial, Finland, Healthcare, Industrial, Investment, Management, News, Science
Tagged Aalto University, Cancer, Chronic Myeloid Leukaemia, HUS Helsinki University Hospital, Jani Huuhtanen, Medication Discontinuation Success, partnership, patients, Satu Mustjoki, University of Helsinki
(IN BRIEF) Gasum has successfully delivered its second liquefied natural gas (LNG) cargo to the Inkoo floating storage regasification unit (FSRU) in Finland. The cargo, provided by Gasum’s partner Equinor, arrived on November 5th and is being regasified for integration … Read the full press release
Posted in Energy, Gas & Oil, Finland, Industrial, Infrastructure & Utilities, Transportation & Logistics
Tagged Balticconnector gas pipeline, bunkering vessels, Equinor, Estonia, Finland, floating storage regasification unit, FSRU, gas pipeline grid, Gasum, Inkoo, Inkoo FSRU, Inkoo FSRU terminal, Jouni Liimatta, liquefied natural gas, LNG, LNG cargo, natural gas
(IN BRIEF) CapMan Hotels II fund has entered into an agreement to acquire “KOY Oulun Kuvernööri,” a five-story office property in Oulu city center, Finland. The plan is to transform the building into an extension of Lapland Hotels Oulu, increasing … Read the full press release
Posted in Business, Environment, Financial, Finland, Industrial, Investment, Management, News, Real Estate
Tagged Ari Vuorentausta, CapMan Hotels, expansion, Finland, Juhani Erke, KOY Oulun Kuvernööri, Lapland Hotels, Oulu, partnership, sustainability
(IN BRIEF) STARK Group, a leading provider of building materials and solutions, is extending its reach in Northern Finland by inaugurating a new branch in Rovaniemi. This expansion adds to the company’s existing network of 27 branches throughout Finland. Rovaniemi, … Read the full press release
(IN BRIEF) Finnish biotechnology start-up Origin by Ocean has teamed up with AFRY, a global engineering and advisory firm, to work on an ambitious project aimed at establishing an industrial-scale biorefinery in Finland. The collaborative effort focuses on refining seaweed … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Pharma & Biotech, Science, Sweden, Technology
Tagged AFRY, Finland, innovative, Mari Granström, Origin by Ocean, partnership, Seaweed Biorefinery, sustainability, Tuukka Sormunen
(IN BRIEF) Metso has announced that it has received orders for three Outotec Anode Casting Shops from significant copper producers in Japan and China, with a total order value of EUR 13 million. These orders further strengthen Metso’s position as … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged Anode Casting Shops, CHINA, copper, Harri Talvensaari, Japan, Metso, partnership, sustainability
(IN BRIEF) Neste, a renewable energy company, is undergoing organizational changes to enhance cost-efficiency and long-term competitiveness. It plans to merge renewable business units, resulting in 400 job cuts and EUR 50 million in annual savings, aiming for over MEUR … Read the full press release
(IN BRIEF) Gasum has expanded its gas filling station network by opening a new station in Keminmaa, Finland. This station is a significant milestone as it is the first gas filling station in Finnish Lapland, Gasum’s second northernmost station, and … Read the full press release
(IN BRIEF) Gasum has achieved its first ship-to-ship LNG bunkering operations in the port of Hamburg, Germany. The company successfully delivered LNG to two vessels: the MSC Euribia, a highly energy-efficient flagship belonging to MSC Cruises, and the VOX Ariane, … Read the full press release
(IN BRIEF) Fortum, a leading energy company, has signed an agreement with Finland’s National Emergency Supply Agency (NESA) to reserve the Meri-Pori coal condensing power plant for emergencies, ensuring the security of the country’s electricity supply. The agreement is in … Read the full press release
Posted in Energy, Gas & Oil, Finland, Government, Industrial, Infrastructure & Utilities
Tagged clean energy, coal condensing power plant, coal-based power generation, coal-fired condensing plant, electricity generation, Finland, Fortum, Huoltovarmuuskeskus, Janne Känkänen, Meri-Pori, National Emergency Supply Agency, NESA, Pori, power generation, Riku Huttunen, Simon-Erik Ollus, Tahkoluoto
(IN BRIEF) The Nordic Investment Bank (NIB) has signed a 20-year credit facility with Lithuania to co-finance the energy efficiency program for public buildings from 2023 to 2026. This financing will be used to renovate 25 public buildings, leading to … Read the full press release
(IN BRIEF) Borealis, a leading provider of sustainable polyolefin solutions and base chemicals, has forged a long-term Power Purchase Agreement (PPA) with Alpiq, a Swiss energy services provider and European electricity producer. Under this agreement, starting from early 2024, Alpiq … Read the full press release
Posted in Austria, Business, Chemicals, Energy, Gas & Oil, Financial, Finland, Government, Industrial, Investment, Management, News, Switzerland
Tagged Alpiq, Borealis, Finnish, Matti Ahtosalo, partnership, renewable energy, sustainability, wind farm, Wolfram Krenn
(IN BRIEF) Philips has completed a comprehensive analysis of Tampere Heart Hospital’s environmental sustainability, focusing on interventional cardiology and carbon footprint evaluation. The findings have been transformed into a joint action plan to expedite the hospital’s efforts to achieve net-zero … Read the full press release
Posted in Business, Environment, Financial, Finland, Healthcare, Industrial, Investment, Management, Netherlands, News, Science, Technology
Tagged Aki Haukilahti, environmental, Finland, partnership, Pasi Lehto, Philips, Robert Metzke, sustainability, Tampere Heart Hospital
(IN BRIEF) CapMan, a leading investment and asset management company, has scheduled the release of its interim report for the period from 1 January to 30 September 2023. The report will be published on Thursday, 26 October 2023, at approximately … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, Media, News, Real Estate
Tagged CapMan, Financial, investment, Pia Kåll
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