Tag Archives: Finland

EIB and Hemsö deepen cooperation to modernise climate-friendly schools, healthcare and public-service infrastructure

(IN BRIEF) The European Investment Bank has granted a €200 million loan to Hemsö Fastigheter to finance nine projects involving new and renovated energy-efficient public buildings across Sweden, Finland, and Germany, including schools, a health centre, an ice rink, and … Read the full press release

New Vattenfall Research Highlights Rising Consumer Commitment to Fossil-Free Energy and Lasting Changes in Everyday Habits

(IN BRIEF) Vattenfall’s latest Energy Barometer reveals that while European consumers are broadly optimistic about the energy transition, most believe stronger government support is needed to drive meaningful progress. The survey, conducted by Statista across five countries, shows that half … Read the full press release

STARK Group Expands Digital Carbon Monitoring Tools to Finland to Support Climate Documentation in Construction

(IN BRIEF) STARK Group has launched a new digital carbon monitoring tool in Finland, expanding its Nordic climate data capabilities following earlier rollouts in Denmark, Sweden, and Norway. Designed to support professional builders and contractors, the tool provides access to … Read the full press release

Framework Agreement Sees Fortum Back Steady Energy’s SMR Technology with Expertise and Capital

(IN BRIEF) Fortum has signed a framework agreement with Finnish nuclear technology company Steady Energy to provide nuclear expert services for the development of Steady Energy’s LDR-50 small modular reactor for district heating. The cooperation focuses on operational and maintenance … Read the full press release

Mutares Places Minority Stake in Terranor to Expand Free Float and Strengthen Capital Markets Profile

(IN BRIEF) Mutares has placed 2.5 million shares in Terranor Group AB with qualified investors, increasing the free float and significantly improving liquidity in the stock. The transaction generated gross proceeds of approximately EUR 6 million and reflects strong investor … Read the full press release

Rheinmetall Demonstrates Counter-Drone Capabilities at Finnish GBAD Demo Days 2025

(IN BRIEF) Rheinmetall Air Defence AG demonstrated its counter-drone and ground-based air defence technologies at the GBAD Demo Days 2025 in Lohtaja, Finland, following an invitation from the Finnish Armed Forces. Despite challenging conditions, the company showcased effective detection, classification … Read the full press release

Finnish Team Develops New Remote-Sensing Method to Track Keystone Forest Species at Scale

(IN BRIEF) Scientists from the University of Helsinki and the University of Eastern Finland have developed AI-enhanced methods to identify aspens and standing dead trees using open aerial imagery, offering a fast and low-cost approach for biodiversity monitoring. Aspens host … Read the full press release

Finnvera joins EIF shareholder structure to support SME growth, private investment and innovation across Finland

(IN BRIEF) Finnvera has become a shareholder of the European Investment Fund, giving Finland direct representation in EU-level decision-making for SME financing and strengthening national access to European funding. The EIF provided €606 million to SMEs in Finland during 2024, … Read the full press release

Nefco Provides EUR 5 Million Financing to Help Merus Power Scale Energy Storage and Power Quality Solutions Across Europe

(IN BRIEF) Nefco has signed a EUR 5 million loan agreement with Merus Power to support the Finnish company’s international expansion in electrical energy storage and power quality systems. As Europe increases its reliance on renewable energy, demand for storage … Read the full press release

Metso names Teija Saari as new Chief People Officer to drive growth and culture transformation

(IN BRIEF) Metso has appointed Teija Saari as its new Chief People Officer, effective March 2026. Saari brings over 20 years of HR and organizational leadership experience from Wärtsilä, Grundfos, and Gardner Denver. She succeeds Carita Himberg, who is stepping … Read the full press release

Kristen Pressner joins Nokia’s leadership team to lead people strategy and workforce innovation

(IN BRIEF) Nokia has appointed Kristen Pressner as Chief People Officer and member of the Group Leadership Team, effective May 2026. With over 30 years of HR and leadership experience at Roche and Texas Instruments, Pressner will lead Nokia’s global … Read the full press release

Nokia Expands 5G Partnership with Telia to Power Next-Generation Connectivity Across the Nordics and Baltics

(IN BRIEF) Nokia has signed an extended partnership with Telia to enhance 5G capabilities across the Nordic and Baltic regions, deploying its cloud-native 5G Standalone Core in Finland, Sweden, Norway, Estonia, and Lithuania. The agreement also includes the use of … Read the full press release

Finnish Ministry Commissions AFRY to Explore Pathways for Expanding Nuclear Power

(IN BRIEF) AFRY has been commissioned by Finland’s Ministry of Economic Affairs and Employment to conduct a comprehensive study evaluating future nuclear energy options in the country. The research will cover investment models for small modular reactors, large nuclear facilities, … Read the full press release

EIB Provides €90 Million Loan to TVO for Safety and Modernization Upgrades at Finland’s Olkiluoto Nuclear Plant

(IN BRIEF) The European Investment Bank has approved a €90 million loan to Finland’s Teollisuuden Voima Oyj (TVO) to upgrade two reactor units at the Olkiluoto nuclear power plant. The financing will fund safety-critical updates, including control system modernization and … Read the full press release

Stora Enso Appoints Micaela Thorström as EVP, People and Legal, and Expands CFO Niclas Rosenlew’s Responsibilities

(IN BRIEF) Stora Enso has announced leadership changes effective 1 January 2026. Micaela Thorström will become Executive Vice President, People and Legal, General Counsel, expanding her current role overseeing the company’s legal functions. Chief Financial Officer Niclas Rosenlew will take on … Read the full press release

Kemira Secures NIB Financing to Accelerate Industrial-Scale Biomaterials Production with IFF Partnership

(IN BRIEF) The Nordic Investment Bank (NIB) has approved a EUR 50 million, 10-year loan to Kemira for constructing a new biomaterials production facility in Finland. The project, jointly developed with International Flavors & Fragrances (IFF), will produce bio-based alpha-glucans … Read the full press release

Sweco to acquire Finland’s Fimpec Group to enhance capabilities in renewable energy and industrial decarbonisation

(IN BRIEF) Sweco has entered into an agreement to acquire Fimpec Group, a Finnish consulting and engineering company specialising in renewable energy, hydrogen, circular economy, and critical minerals. Pending approval from the Finnish Competition and Consumer Authority, the acquisition will … Read the full press release

Helsinki Chooses Stadler’s Tango Nordic Trams to Drive the Next Generation of Sustainable Urban Mobility

(IN BRIEF) Stadler has been awarded a major contract by Pääkaupunkiseudun Kaupunkiliikenne Oy to deliver 63 Tango Nordic trams, with an option for 120 more, marking its first tram order in Finland. The contract includes over 30 years of full-service … Read the full press release

Gasum Builds Three New Biogas Refueling Stations to Support Finland’s Transition to Low-Emission Heavy Transport

(IN BRIEF) Gasum has begun construction on three new biogas filling stations in Ylivieska, Raseborg, and Joensuu, strengthening Finland’s renewable transport infrastructure. The new stations, expected to open early next year, will expand Gasum’s network to 23 LBG refueling sites … Read the full press release

Beijer Byggmaterial launches 24/7 branch in Gothenburg to enhance service and flexibility for tradespeople

(IN BRIEF) STARK Group has expanded its Swedish operations with the opening of a new 24/7 branch in Hisings Backa, Gothenburg, operated by Beijer Byggmaterial. The 22,000-square-meter branch allows customers to access building materials at all hours, with extended operating … Read the full press release