Tag Archives: Finland

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

Labomar acquires Finland-based Pharmia Holding Oy from CapMan to strengthen European probiotics and medical devices portfolio

(IN BRIEF) CapMan Buyout has sold Pharmia Holding Oy, the leading Nordic contract manufacturer of dietary supplements and medical devices, to Labomar, an Italy-based European group owned by Charterhouse Capital Partners. Since CapMan’s investment in 2021, Pharmia has grown into … Read the full press release

Natural Resources Institute Finland Luke leads Bio2Max initiative to capture bio-CO₂ and recycle nutrients from biogas plants in support of Valio’s climate goals

(IN BRIEF) The Bio2Max project, coordinated by the Natural Resources Institute Finland (Luke), has been launched to improve the sustainability of dairy production and enhance the value of biogas plant by-products. The initiative focuses on capturing and utilizing bio-CO₂, creating … Read the full press release

Delta4000 series surpasses 40 GW in global sales as Nordex strengthens position in onshore wind markets

(IN BRIEF) The Nordex Group has sold more than 40 gigawatts of its Delta4000 platform turbines globally, representing 50% of its total sold fleet in just eight years since the series was introduced. The Delta4000 has become the foundation of … Read the full press release

DHL Express opens new EUR 100 million carbon-neutral gateway at Helsinki-Vantaa Airport to boost Finnish trade

(IN BRIEF) DHL Express Finland has opened a new EUR 100 million logistics gateway at Helsinki-Vantaa Airport, the largest investment in its history in the country. The 16,000 m² carbon-neutral facility is equipped with automated sorting technology that can process … Read the full press release

Gasum appoints experienced energy finance leader Mikko Jaatinen as Chief Financial Officer

(IN BRIEF) Gasum has appointed finance executive Mikko Jaatinen as CFO and member of the Management Team. He joins from Coolbrook and previously spent over ten years in finance roles at Neste. Jaatinen replaces Kai Laitinen, who leaves the position … Read the full press release

Alma Media strengthens housing and consumer services portfolio with acquisition of Effortia and its leading comparison platforms

(IN BRIEF) Alma Media Corporation has acquired Effortia Ltd, a Finnish company specializing in consumer comparison services, from Boston Information Group. Effortia operates well-known platforms such as Sähkövertailu.fi, VertaaEnsin.fi, and Asuntojenmyynti.fi and recorded EUR 1.7 million in turnover in 2024. … Read the full press release

University of Helsinki study shows hormone therapy lowers heart disease risk in women with history of pre-eclampsia

(IN BRIEF) A doctoral study at the University of Helsinki shows that women with a history of pre-eclampsia face significantly higher risks of cardiovascular disease later in life, but hormone therapy used during menopause can help reduce this risk while … Read the full press release

Delivery Hero Expands Rider-Friendly Last Stop Feature for Greater Control and Convenience

(IN BRIEF) Delivery Hero has launched its new “Last Stop” feature, giving riders the ability to choose the location of their final delivery to better align with their schedules. Already active for foodpanda riders in Hong Kong, Pakistan and Taiwan, … Read the full press release

CapMan Real Estate Acquires Prime Helsinki Residential Property to Expand Leona Brand and Drive Sustainability Goals

(IN BRIEF) CapMan Real Estate has acquired a modern residential property in Helsinki’s prestigious Katajanokka district, completed in 2017 and featuring high-quality construction, modern layouts, a gym, and a rooftop sauna. The building will operate under CapMan’s new Leona brand, … Read the full press release

Fortum Acquires 4.4 GW Finnish Wind‑Development Portfolio from ABO Energy

(IN BRIEF) Fortum will purchase ABO Energy’s Finnish wind‑power development portfolio, adding 4.4 GW to its Nordic pipeline for €40 million at closing, with earn‑outs potentially bringing the total to €70 million. Closing is expected in Q4 2025, and initial projects may become ready‑to‑build … Read the full press release

University of Helsinki Study Reveals Distinct Sikhote-Alin Lineage and Conservation Needs for Siberian Flying Squirrel

(IN BRIEF) University of Helsinki researchers, with domestic and Russian partners, used genome-wide SNPs and mitochondrial DNA to chart genetic diversity in the Siberian flying squirrel. They found minimal variation in Finland and maximal, deeply divergent diversity in Russia’s Sikhote-Alin, … Read the full press release