(IN BRIEF) SSAB and Parmaco have partnered to build the world’s first concept building made entirely from fossil-free steel, using SSAB’s HYBRIT® technology. This innovative process replaces coal with hydrogen and fossil-free electricity in steel production, reducing CO2 emissions. Construction … Read the full press release
Posted in Business, Construction, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged building, construction, Finland, fossil-free steel, Jukka Joutsenkoski, Olavi Huhtala, Parmaco, partnership, SSAB, SSAB’s HYBRIT® technology, sustainability
(IN BRIEF) Hiab, part of Cargotec, has unveiled the MULTILIFT TALON, a cutting-edge container handling system designed to transform logistics for defence forces. The new system allows for automated transitions between Flatrack and ISO Container modes directly from the vehicle … Read the full press release
Posted in Business, Defence, Financial, Finland, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged automation, Cargotec, Defence Logistics, Frank van Dongen, Hiab, MULTILIFT TALON
(IN BRIEF) The European Investment Fund (EIF) has committed €100 million to the Prime Green Energy Infrastructure Fund II (PGEIF II), managed by Prime Capital AG, to support renewable energy projects in Scandinavia. This brings the fund’s total size to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Finland, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Norway, Sweden
Tagged Andreas Kalusche, Dr. Mathias Bimberg, EIF, ENERGY, Finland, Marjut Falkstedt, Norway, partnership, Prime Capital AG, Prime Green Energy Infrastructure Fund II (PGEIF II), Scandinavia, sustainability, Sweden
(IN BRIEF) Neste has partnered with Verne, a leading data center provider in Finland, to power Verne’s backup generators with Neste MY Renewable Diesel™, a fuel made from 100% renewable raw materials like animal fat and used cooking oil. By … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Backup Generators, Finland, Joni Pihlström, Kim Gunnelius, Neste, partnership, renewable diesel, sustainability, Verne Data Centers
(IN BRIEF) Fortum’s Loviisa nuclear power plant has completed its annual outages for 2024, with both units back online. Unit 2’s outage lasted 23 days, while Unit 1’s extended four-year maintenance took 39 days, with both experiencing minor delays due … Read the full press release
(IN BRIEF) Integrated Wind Solutions (IWS), a Norway-based company focused on the offshore wind industry, is advancing its commitment to renewable energy through a comprehensive range of services that support the entire lifecycle of offshore wind farms. Established in 2020 … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged INNOVATION, Integrated Wind Solutions, Marius Magelie, net zero, NIB, Norway, Offshore wind, partnership, sustainability
(IN BRIEF) NIB has announced its updated Environmental Bond Framework, along with a new Climate Strategy and Sustainability Policy, all aimed at promoting a low-carbon future. The bank received a “Dark Green” Second Opinion from S&P Global Ratings, affirming its … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Industrial, Investment, Management, News
Tagged Environmental Bond Framework, low-carbon, NIB, sustainability
(IN BRIEF) FinVector, a leading biopharmaceutical company, has inaugurated a cutting-edge production facility in Kuopio, Finland, aimed at manufacturing gene therapy products. The new Finport facility, which is set to become one of the world’s largest for such therapies, represents … Read the full press release
Posted in Banks, Business, Environment, Financial, Finland, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged cancer treatment, FinVector, Gene Therapy Facility, Jean-Frédéric Paulsen, KUOPIO, NIB, partnership, Petri Peltonen, Professor Seppo Ylä-Herttuala, Soile Lahti, sustainability
(IN BRIEF) CapMan Infra has announced a significant investment in Hamina, Finland, through its CapMan Nordic Infrastructure II fund, acquiring full ownership of Haminan Kaukolämpö Oy and Haminan Sähköverkko Oy from Haminan Energia. This acquisition aims to enhance the utilization … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Technology
Tagged acquisition, CapMan, CapMan Infra, energy infrastructure, Hamina, Haminan Energia, Haminan Kaukolämpö Oy, Haminan Sähköverkko Oy, investment, Kimmo Rahkamo, partnership, sustainability
(IN BRIEF) The ACP Trust Fund has secured over €74 million in pledges from seven EU member states, including Denmark, Finland, Germany, Luxembourg, Portugal, Spain, and Sweden, to support economic growth in African, Caribbean, and Pacific (ACP) countries. This funding … Read the full press release
Posted in Banks, Business, Denmark, Economy, Environment, European Union, Financial, Finland, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Portugal, Spain, Sweden
Tagged African Caribbean and Pacific (ACP) Nations, Benjamin Dousa, Denmark, Dirk Meyer, economic, EIB, Finland, funding, Germany, Gilles Roth, Joaquim Miranda Sarmento, José Manuel Albares, Juha Savolainen, Jutta Urpilainen, Lars Løkke Rasmussen, Luxembourg, partnership, PORTUGAL, Spain, sustainability, Sweden, Thomas Östros
(IN BRIEF) Eviden, a division of the Atos Group focused on advanced computing, has partnered with IQM Quantum Computers to enhance accessibility to quantum computing. They have installed the IQM Spark™, a superconducting quantum computer, at Eviden’s Angers facility in … Read the full press release
Posted in Business, Environment, Financial, Finland, France, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Technology
Tagged Atos, Dr. Mikko Välimäki, Dr. Cédric Bourrasset, Eviden, France, IQM Quantum Computers, IQM Spark™, partnership, Quantum Computing Accessibility, sustainability, Sylwia Barthel de Weydenthal
(IN BRIEF) Gasum and Wasaline have formed a partnership to create the first large-scale FuelEU Maritime pooling service, which will enable shipping companies to reduce compliance costs while promoting the use of low-emission fuels. Wasaline’s hybrid ferry, operating on bio-LNG, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics
Tagged Gasum, Jacob Granqvist, low-emission, partnership, Peter Ståhlberg, Shipping Solutions, sustainability, Wasaline
(IN BRIEF) Wienerberger has announced its expansion into the Nordic market with the acquisition of Finnish company Slatek OY and Norwegian firm Tekken AS. This move aims to enhance its portfolio in smart water management and infrastructure solutions, adding approximately … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged acquisitions, Finland, Heimo Scheuch, Norway, partnership, Slatek OY, sustainability, Tekken AS, Water Solutions, Wienerberger
(IN BRIEF) Stora Enso’s innovative cartonboard solutions are reshaping the packaging industry by helping customers reduce their reliance on plastics. Hinojosa Packaging Galería Gráfica selected Stora Enso’s Performa Brilliance™ to create sophisticated packaging for their luxury perfume line. This collaboration … Read the full press release
Posted in Apparel, Fashion & Beauty, Awards, Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Spain, Technology
Tagged Awards, Cartonboard Solution, Hinojosa Packaging Galería Gráfica, leadership, Merche Casado, packaging, partnership, Performa Brilliance™, Perfume, Spain, Stora Enso, sustainability
(IN BRIEF) Epiroc has secured a USD 150 million, ten-year sustainability-linked loan from the Nordic Investment Bank (NIB) to support its ambitious climate goals aimed at reducing carbon emissions in the mining industry. The agreement is tied to three key … Read the full press release
Posted in Banks, Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, Metals and Minerals, News, Sweden
Tagged André Küüsvek, decarbonization, Epiroc, Mining Industry, NIB, partnership, sustainability, Sweden
(IN BRIEF) Metso has signed a distribution agreement with Korund, making Korund the official distributor for Metso’s crushing and screening solutions in Kazakhstan and Kyrgyzstan. The partnership will focus on the aggregates segment, with Korund providing Metso’s equipment, wear parts, … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged Carlos Padim, Central Asia, Crushing, Dr. Valentin Bereza, Kazakhstan, Korund, Kyrgyzstan, Metso, partnership, Screening Solutions, sustainability
(IN BRIEF) The University of Helsinki has entered into a partnership with South Korea’s Yonsei University through a newly signed Memorandum of Understanding (MoU). This agreement aims to foster research collaboration and is a key step in Helsinki’s broader strategy … Read the full press release
(IN BRIEF) The University of Helsinki’s Tvärminne Zoological Station operates the Finnish Scientific Diving Academy (FSDA), which specializes in training researchers to conduct scientific diving in extreme environments, such as polar regions impacted by climate change. The academy received an … Read the full press release
(IN BRIEF) Alma Media has sold its 65% stake in Kotikokki Net Oy to Rohea Oy, which already owned a minority share of the company. The sale will be finalized on October 1, 2024. Kotikokki.net is a popular Finnish recipe-sharing … Read the full press release
Posted in Business, Financial, Finland, Food & Beverage, Government, Industrial, Investment, Management, Media, News, Technology
Tagged Alma Media, Eero Holmila, Juha-Petri Loimovuori, Kotikokki Net Oy, partnership, Rohea
(IN BRIEF) Alma News Media has announced plans to accelerate its digital growth strategy, which could lead to the discontinuation of three print publications: Kauppalehti Optio, Fakta, and Mediuutiset. As part of this shift, the company has initiated change negotiations … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, Media, News, Technology
Tagged Alma News Media, digital, Fakta, Iltalehti, Juha-Petri Loimovuori, Kauppalehti Optio, Mediuutiset, Print Titles, restructuring
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