Category Archives: Finland

Press Releases & News from Finland distributed via EuropaWire

Valokuitunen: Transforming Finland’s Fiber Landscape with CapMan Infra and Telia Company

(IN BRIEF) CapMan Infra and Telia Company’s joint venture, Valokuitunen Oy, has emerged as the leading fibre-to-the-home (FTTH) provider in Finland, witnessing exponential growth from 20,000 to over 300,000 households within a few years. The company’s success is attributed to … Read the full press release

Study Reveals Potential Transmission of Mental Disorders Within Social Networks

(IN BRIEF) A groundbreaking study conducted by researchers from the University of Helsinki, the Finnish Institute for Health and Welfare, the University of Jyväskylä, and the University of Manchester suggests that mental disorders could be transmitted between individuals within social … Read the full press release

European Investment Fund Boosts Cultural and Creative Sectors with InvestEU Agreements

(IN BRIEF) At the 77th Cannes Film Festival, the European Investment Fund (EIF) and the European Commission announced agreements aimed at bolstering SMEs and small mid-caps in Europe’s cultural and creative sectors. These agreements, supported by the InvestEU programme, involve … Read the full press release

Thales and Nokia Secure Contract to Upgrade Communications Network for London Underground

(IN BRIEF) Thales and Nokia have been awarded a contract by Transport for London (TfL) to enhance the communications infrastructure supporting the London Underground. This comprehensive renewal aims to ensure peak performance of TfL’s multi-services network (MSN), minimizing risks, disruptions, … Read the full press release

Gasum Launches Northernmost Liquefied Gas Filling Station in Rovaniemi, Enabling Biogas Adoption for Transport Company UKK-Express

(IN BRIEF) Gasum has inaugurated its latest gas filling station in Rovaniemi, Finland, marking the northernmost liquefied gas filling station globally. Positioned strategically in the Teollisuuskylä industrial village area, the station aims to facilitate the transition to biogas-powered vehicles in … Read the full press release

University of Helsinki Completes Comprehensive Review of Degree Programs, Unveils Development Goals for Enhanced Education Quality

(IN BRIEF) The University of Helsinki undertook a thorough evaluation of all its bachelor’s, master’s, and doctoral programs during the 2023–2024 academic year, led by a group chaired by University Chancellor Kaarle Hämeri. Highlighting education as a crucial strategic asset, … Read the full press release

Outokumpu Achieves Full ResponsibleSteel Certification Across European Sites, Leading Sustainable Steel Production in the Nordics

(IN BRIEF) Outokumpu, a leading manufacturer in sustainable stainless steel, has secured the ResponsibleSteel certification for all its production facilities in Europe, making it the first Nordic company to earn this accolade for all seven of its sites across Finland, … Read the full press release

Outokumpu Recognized as Europe’s Climate Leader for Second Consecutive Year

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel production, has once again been honored as one of Europe’s Climate Leaders by the Financial Times. This recognition underscores Outokumpu’s commitment to reducing greenhouse gas emissions and advancing transparency in … Read the full press release

NIB Commits EUR 100 Million for Modernization of Hospital Infrastructure in North Savo

(IN BRIEF) The Nordic Investment Bank (NIB) has entered into an uncommitted credit facility of EUR 100 million with the Wellbeing Services County (WSC) of North Savo, Finland, marking their second loan agreement. This 20-year loan is designated for the … Read the full press release

NIB Funds Landsnet’s Green Transmission Network Expansion in Iceland

(IN BRIEF) The Nordic Investment Bank (NIB) has finalized a 15-year USD 50 million investment loan agreement with Iceland’s transmission system operator, Landsnet hf., to support the construction and enhancement of substations, underground cabling, and overhead lines from 2023 to … Read the full press release

NIB Partners with City of Stockholm to Build World’s Largest Underground Wastewater Treatment Facility

(IN BRIEF) The Nordic Investment Bank (NIB) has inked a 10-year loan agreement with the City of Stockholm to fund the construction of the world’s largest underground wastewater treatment facility at Henriksdal. Valued at SEK 2 billion (EUR 172 million), … Read the full press release

Kalmar Secures Order for Three Heavy Terminal Tractors from Uniport Livorno

(IN BRIEF) Kalmar, a part of Cargotec, has inked a deal with Uniport Srl. to provide three Kalmar TR618i heavy terminal tractors, marking a significant addition to Uniport Livorno’s fleet in the Port of Livorno, Italy. Scheduled for delivery in … Read the full press release

Marel Initiates Pilot Project with Green Steel to Reduce Carbon Emissions

(IN BRIEF) Marel has embarked on a pilot project to utilize green steel, produced using renewable energy and recycled materials, in its manufacturing processes to reduce environmental impact. This initiative is part of Marel’s broader strategy to meet its Science-Based … Read the full press release

Outokumpu Ups EBITDA Improvement Goal to €350 Million, Strengthening Market Position

(IN BRIEF) Outokumpu, in a robust advancement of its strategic plan, has increased its EBITDA run-rate improvement target by €150 million to €350 million, aiming to bolster its competitiveness in the stainless steel industry. Achieving its initial target ahead of … Read the full press release

Neste Partners with Exponential Roadmap Initiative to Drive Climate Action

(IN BRIEF) Neste, a global leader in sustainable aviation fuel and renewable diesel production, has initiated a collaboration with the Exponential Roadmap Initiative (ERI) to align its climate efforts with the UN Climate Change High-Level Champion’s Race to Zero. This … Read the full press release

Vodafone and Nokia Complete Successful Open RAN Trial in Northern Italy

(IN BRIEF) Vodafone and Nokia have concluded a successful three-month Open RAN trial in the Alpine towns of Arcisate and Sernio, Italy, leveraging a live 5G standalone (5G SA) test network. The trial showcased impressive results, achieving gigabit download speeds … Read the full press release

CapMan Nordic Infrastructure II Fund Surpasses €375 Million in Final Close, Doubling Predecessor’s Size

(IN BRIEF) CapMan Nordic Infrastructure II fund has reached its final closing at over €375 million, marking a significant milestone in its journey since its establishment in 2022. Managed by a team of 13 professionals based in Helsinki and Stockholm, … Read the full press release

Gasum Group Reports Strong Volume Growth and Improved Financial Performance in Q1 2024

(IN BRIEF) Gasum Group’s financial review for the first quarter of 2024 reflects significant volume growth, particularly in the maritime and traffic segments, with sales volumes increasing by 73 percent compared to the same period in 2023. Despite a decrease … Read the full press release

Stora Enso’s Skutskär Site Initiates Pilot Project for Biogenic CO2 Capture, Pioneering Climate-Positive Operations

(IN BRIEF) Stora Enso’s Skutskär biomaterials production site in Sweden, known for its sustainable practices, has embarked on a groundbreaking pilot project aimed at capturing biogenic CO2 emissions from pulp production, marking a significant step towards climate-positive operations. With a … Read the full press release

SSAB and Nordec Forge Partnership for Fossil-Free Steel Supply Chain Efficiency

(IN BRIEF) SSAB and Nordec have entered into a crucial agreement aimed at streamlining the supply chain for fossil-free steel, a significant step towards achieving SSAB’s goal of delivering fossil-free steel to the market by 2026. The collaboration entails SSAB … Read the full press release