(IN BRIEF) Stora Enso reported stable first-quarter 2026 sales of EUR 2.358 billion while adjusted EBIT declined 9 percent to EUR 159 million amid continued market weakness, foreign exchange impacts and operational ramp-up costs at its Oulu production site in … Read the full press release
Posted in Business, Environment, Financial, Finland, Industrial, Investment, Management, News, Sweden
Tagged adjusted EBIT, Bergslagets Skogar, business transformation, capital allocation, circular bioeconomy, consumer board production, emission rights, Emissions Reduction, energy costs, EU ETS, Finland, forest assets, forestry industry, geopolitical tensions, Hans Sohlström, Iran conflict, logistics costs, Nasdaq Helsinki, Nasdaq Stockholm, Niclas Rosenlew, Operational Efficiency, Oulu site, packaging industry, pulp and paper sector, Q1 2026, renewable materials, restructuring, Stora Enso, Stora Enso Advances Forest Asset Separation Plans Amid Challenging Market Conditions in Early 2026, sustainable materials, Sustainable packaging, Swedish forest assets, Weak Demand and Rising Cost Pressures Impact Stora Enso First Quarter Profitability Despite Stable Sales
(IN BRIEF) The European Investment Bank is providing €250 million to KONE to support a multi-year research and innovation programme focused on next-generation elevators, escalators, and intelligent people-flow technologies. Running from 2026 to 2029, the initiative aims to improve safety, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Marketing, Technology
Tagged building mobility, digitalization, EIB, elevators, energy efficiency, engineering jobs, escalators, Espoo, European Investment Bank, Finland, INNOVATION, Italy, Johannes Rastas, Karl Nehammer, KONE, KONE Secures €250 Million EIB Funding to Drive Innovation in Energy-Efficient Elevators and Urban Mobility Solutions, people flow technology, research and development, Smart Cities, TechEU initiative, urban infrastructure
(IN BRIEF) Business Finland has provided additional funding to Valio to expand its Food 2.0 research program, which focuses on transforming Finland’s food system through sustainability, innovation, and collaboration. The expansion includes increased financial support for both Valio and its … Read the full press release
Posted in Business, Environment, Financial, Finland, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Technology
Tagged agriculture, Annikka Hurme, Business Finland, Business Finland and Valio Strengthen Collaboration to Transform Food Systems Through Technology and Sustainability, circular economy, digitalization, ecosystem, exports, Finland, Food 2.0, food industry, food system, Harri Kallioinen, INNOVATION, production, R&D investment, research program, supply chain, sustainability, technology, Valio, Valio Advances Food 2.0 Initiative with Expanded Funding and Growing Industry Ecosystem
(IN BRIEF) Business Finland has granted €20 million to SSAB to support a five-year research and development program aimed at advancing fossil-free steel production and low-carbon materials. The initiative, Sustainable World through Steels, will bring together over 200 partners across … Read the full press release
Posted in Business, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Metals and Minerals, Technology
Tagged advanced materials, Business Finland, Business Finland Backs SSAB’s Strategic Initiative to Build Collaborative Ecosystem for Low-Carbon Steel Solutions, circular economy, decarbonization, digital supply chain, electric steelmaking, EU funding, export growth, Finland, fossil-free steel, industrial ecosystem, industrial innovation, low-carbon steel, Nordic Region, research and development, SSAB, SSAB Launches Multi-Partner Research Program with Public Funding to Advance Decarbonized Steel Production, Steel Industry, steel production, sustainability, Sustainable World through Steels, Tony Harris
(IN BRIEF) Fortum is advocating for early planning and policy development to support new nuclear power in Finland, positioning it as a key driver of economic growth, energy stability, and industrial competitiveness. Drawing on recent studies, including analysis by AFRY … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Technology
Tagged AFRY Management Consulting Oy, CFD, Contracts for Difference, Czech Republic, decarbonization, electricity demand, electricity markets, electrification, energy financing, Energy Policy, energy security, Finland, Finland Ministry of Economic Affairs and Employment, Fortum, Fortum Emphasizes Financing Reform and Partnerships to Unlock New Nuclear Projects in Finland and Sweden, Fortum Highlights Strategic Role of New Nuclear Power in Driving Finland’s Economic Growth and Energy Stability, France, industrial competitiveness, large nuclear plants, Laurent Leveugle, new nuclear energy, Nordic countries, nuclear power, renewable energy, Small Modular Reactors, SMRs, Sweden
(IN BRIEF) Nokia and Cinia have partnered to strengthen the cybersecurity of Finland’s critical infrastructure by deploying an advanced DDoS protection solution. The collaboration introduces a managed security service model that combines Nokia’s AI-driven Deepfield technology with Cinia’s operational expertise … Read the full press release
Posted in Artificial Intelligence (AI), Business, Defence, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Security & Safety, Technology, Telecom
Tagged AI security, botnet attacks, Cinia, Critical Infrastructure, Cybersecurity, DDoS protection, Deepfield Defender, digital infrastructure, Finland, Jeff Smith, Jukka Pekka Lithovius, MSSP, network security, network visibility, Nokia, Nokia and Cinia Collaborate to Deliver Advanced DDoS Protection for Finland Critical Digital Infrastructure, Nokia and Cinia Introduce Managed Security Model to Safeguard Critical Connectivity Services, security operations center, telecommunications
(IN BRIEF) Gasum has expanded its filling station in Joensuu to include liquefied biogas refuelling for heavy-duty vehicles, improving both fuel availability and operational reliability in Eastern Finland. The upgrade makes the station the easternmost LBG facility in the country … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Technology, Transportation & Logistics
Tagged circular economy, compressed biogas, Finland, Gasum, Gasum Advances Low Emission Transport in Finland with Expanded Biogas Station for Heavy Vehicles, Gasum Enhances Biogas Availability and Reliability for Public and Heavy Transport with Joensuu Expansion, heavy duty vehicles, Joensuu, Juho Kurra, Jukka Komulainen, LBG, liquefied biogas, low emission fuels, public transport Finland, renewable energy, Savonlinja, sustainable transport
(IN BRIEF) ANDRITZ has been selected by Ahlstrom Sweden AB to deliver a PrimeDry Steel Yankee for the PM6 machine at the Billingsfors mill in Sweden, with start-up scheduled for the fourth quarter of 2026. The new steel Yankee will … Read the full press release
Posted in Austria, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, Metals and Minerals, Sweden, Technology
Tagged Ahlstrom, Ahlstrom Sweden AB, Andritz, ANDRITZ Strengthens Nordic Market Presence with Steel Yankee Supply Contract for Ahlstrom’s Billingsfors Paper Mill, Billingsfors mill, building and construction materials, fiber-based specialty materials, filtration materials, Finland, food and consumer packaging, Giorgio Mirone, industrial paper technology, life sciences materials, machine glazed paper, MG paper production, Nordic pulp and paper industry, paper drying technology, PM6 paper machine, PrimeDry Steel Yankee, protective materials division, specialty paper manufacturing, Sweden
(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
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, News, Real Estate, Society, Sweden
Tagged Climate Action, EIB, energy efficient buildings, EU Energy Performance of Buildings Directive, European Investment Bank, Finland, Finland and Germany, Germany, healthcare facilities, Hemsö Fastigheter, Hemsö secures €200 million EIB loan to accelerate sustainable public-building investments in Sweden, Nils Styf, Pilar Solano, police headquarters, SCHOOLS, social infrastructure, Sustainable Finance, Sweden, Zero Energy Buildings
(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
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Sweden, Technology
Tagged Alexander van Ofwegen, climate-friendly lifestyle, consumer behavior, decarbonization, Energy Barometer, energy efficiency, energy transition, Finland, fossil-free energy, Germany, government support, heat pumps, infrastructure investment, Netherlands, renewable energy, solar panels, Statista, sustainability, sustainable consumption, Sweden, United Kingdom, Vattenfall, Vattenfall’s Energy Barometer Shows Strong Public Support for the Energy Transition Coupled with Calls for Greater Government Action
(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
Posted in Business, Construction, Denmark, Energy, Gas & Oil, Environment, Finland, Industrial, Management, News, Retail, Technology
Tagged building materials, climate data tools, climate documentation, CO2 emissions, construction industry, digital carbon monitoring, EU building regulations, Finland, LCA requirements, lifecycle assessment, net-zero targets, Nordic Region, Stark group, STARK Group Advances Climate Transparency in Construction with Expanded Nordic Carbon Monitoring Platform, STARK Group Strengthens Nordic Climate Data Capabilities with Launch of Carbon Monitoring Tool in Finland, sustainable construction
(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
Posted in Awards, Business, Energy, Gas & Oil, Environment, Finland, Industrial, Investment, Management, News
Tagged Anni Jaarinen, district heating, energy transition, Finland, Fortum, Fortum Partners with Steady Energy to Support Development of Small Modular Reactor for District Heating, Gustav Eilertsen, Innovation and Venturing, LDR 50, low emission energy, nuclear expertise, nuclear services, operation and maintenance, small modular reactor, SMR, Steady Energy, Sweden
(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
Posted in Business, Denmark, Finland, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged capital markets transaction, Denmark, Finland, free float expansion, increased liquidity, infrastructure services, institutional investors, Johannes Laumann, majority shareholder, Munich, Mutares Delivers Above-Target ROIC with Terranor Share Placement and Increased Market Liquidity, Mutares SE & Co. KGaA, NCC carve-out, portfolio value creation, public markets, qualified investors, return on invested capital, ROIC, share placement, strategic development, Sweden, Terranor, Terranor Group AB
(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
Posted in Business, Defence, Finland, Germany, Government, Industrial, News, Security & Safety, Technology
Tagged airborne threat detection, command and control systems, counter-drone systems, counter-UAS, Critical Infrastructure Protection, drone classification and tracking, electronic warfare, Finland, Finnish Armed Forces, GBAD Demo Days 2025, ground-based air defence, HX truck, Oliver Dürr, Rheinmetall Air Defence AG, Rheinmetall Air Defence Highlights Modular Counter-UAS Technologies at GBAD Demo Days, Rheinmetall MAN Military Vehicles, Skyspotter
(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
Posted in Artificial Intelligence (AI), Education, Environment, Finland, Management, News, Science, Technology
Tagged aerial imagery, AI Breakthrough Enables Reliable Aspen and Deadwood Detection Using Open Forest Imagery, AI forest monitoring, Anis Rahman, Anwarul Chowdhury, aspen detection, ecological monitoring, Einari Heinaro, Finland, forest biodiversity, forest management, Global Ecosystem Health Observatory, International Journal of Applied Earth Observation and Geoinformation, Machine Learning, Mete Ahishali, neural networks, Populus tremula, Remote Sensing Applications Society and Environment, Samuli Junttila, standing dead trees, University of Eastern Finland, University of Helsinki
(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
Posted in Business, Economy, Environment, Financial, Finland, Industrial, International Trade, Investment, Management, News, Small Business
Tagged Climate and Digitalisation Loans, COSME, economic growth, EIF, EU financing, European corporate finance, European Investment Bank Group, European Investment Fund, export guarantees, Finland, Finnish representation enters EIF ownership as Finnvera aims to channel more European funding to domestic companies, Finnvera, guarantees, innovation funding, InvestEU, Juuso Heinilä, Karl Nehammer, Marjut Falkstedt, private equity, risk-sharing, SME finance, UKRAINE
(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
Posted in Banks, Business, Energy, Gas & Oil, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, News, Technology
Tagged clean tech financing, CO2 reduction, EIF, electrical energy storage, EU renewable energy targets, European energy markets, European Investment Fund, Finland, grid stability, Helena Lähteenmäki, international expansion, Kari Tuomala, Merus Power, NEFCO, Nefco and EIF Support Growth of Finnish Clean-Tech Leader Merus Power Through New Loan for European Market Expansion, Nordic Green Bank, power quality solutions, renewable energy integration
(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
Posted in Business, Finland, Industrial, Management, Metals and Minerals, News, Technology
Tagged Business Growth, Carita Himberg, Chief People Officer, Corporate Leadership, employee engagement, Finland, Gardner Denver, Grundfos, Hannele Järvistö, HR leadership, leadership appointment, Metso, Metso appoints Teija Saari as Chief People Officer to lead next phase of organizational growth, organizational development, Sami Takaluoma, Teija Saari, Wärtsilä
(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
Posted in Business, Finland, Management, News, Technology, Telecom
Tagged 5G, AI, AI empowerment, Chief People Officer, connectivity, Finland, global technology, HR transformation, Justin Hotard, Kristen Pressner, leadership appointment, next-generation networks, Nokia, Nokia appoints Kristen Pressner as Chief People Officer to drive global culture and AI-era transformation, organizational culture, Roche, Texas Instruments, workforce innovation
(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
Posted in Business, Estonia, Finland, Industrial, Infrastructure & Utilities, Internet & Online, Lithuania, News, Norway, Sweden, Technology, Telecom
Tagged 5G Core, 5G standalone, AI, Alexandra Fürst, automation, cloud-native networks, connectivity, digital transformation, energy efficiency, Estonia, Finland, Gartner, Kal De, Lithuania, network scalability, Nokia, Nokia and Telia Strengthen Strategic Partnership to Advance 5G Networks Across the Nordics and Baltics, Nokia DX Division, Nordic and Baltic, Norway, Omdia, RAN, sustainability, Sweden, telecom infrastructure, telecommunications, Telia, Telia Enhances 5G Capabilities Across Northern Europe with Nokia’s Standalone Core and RAN Solutions
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