(IN BRIEF) Telia Company has announced the sale of its TV & Media business, which includes TV4 in Sweden and MTV in Finland, to Schibsted Media for SEK 6.55 billion. This decision aligns with Telia’s strategy to focus on its … Read the full press release
Posted in Business, Entertainment, Management, Media, Sweden, Telecom
Tagged advertising-funded channels, connectivity business, customer satisfaction, debt reduction, EBITDA growth, enterprise value, financial outlook, Finland, Free cash flow, Market Abuse Regulation, MTV, MTV Katsomo, multi-year distribution partnership, Nordic media, Patrik Hofbauer, portfolio management, Q3 2025, regulatory approvals, Schibsted, Schibsted history, Schibsted Media, service revenue growth, Siv Juvik Tveitnes, streaming services, Sweden, Telia Company, TV & Media, TV4, TV4 Play
(IN BRIEF) Finnish Ambassador to Spain, Sari Rautio, visited Iberdrola’s Global Smart Grids Innovation Hub in Bilbao, accompanied by a trade delegation and the Honorary Consul of Finland, Carolina Pérez Toledo. The group was welcomed by Iberdrola executives Asís Canales … Read the full press release
Posted in News
Tagged artificial intelligence, Asís Canales, Bilbao, Carolina Pérez Toledo, data analysis, digital skills, digitisation, electrification, Estíbaliz Goñi, European average, Finland, Finnish Ambassador, Global Smart Grids Innovation Hub, GSGIH, Honorary Consul of Finland, i-DE, Iberdrola, INNOVATION, Sari Rautio, SMEs, Spain, technology
(IN BRIEF) Outokumpu has completed a feasibility study for the potential construction of a Small Modular Reactor (SMR) near its Tornio plant in Finland, aimed at enhancing low-carbon energy availability. The study confirms the project’s feasibility and outlines several advantages, … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged bio-chemicals, bio-fuels, biogenic waste, carbon capture and utilization, carbon-neutrality, CCUS, clean energy, CO2, decarbonization, electricity, ENERGY, energy development, feasibility study, Finland, Finland nuclear legislation, heavy industries, industrial electrification, low-carbon energy, nuclear power, nuclear technology, Offtake agreement, Outokumpu, partnership, Small Modular Reactors, SMRs, Steel Industry, Stefan Erdmann, sustainability, Tornio
(IN BRIEF) Nokia has announced a leadership change with Justin Hotard set to succeed Pekka Lundmark as the new President and CEO, starting April 1, 2025. Hotard, with over 25 years of experience in technology, is expected to drive Nokia’s … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Finland, Industrial, Investment, Management, News, Technology, Telecom
Tagged 5G, Advisory Role, advisory roles, AI, appointment, cloud-native core networks, data centers, Digital Ecosystem, digital services, Finland, global technology companies, Hewlett Packard Enterprise, INNOVATION, Intel, Justin Hotard, leadership, leadership transition, NCR Corporation, Nokia, Nokia’s Executive Experience Center, Pekka Lundmark, President and CEO, Sari Baldauf, strategic growth
(IN BRIEF) The Nordic Investment Bank (NIB) has signed a EUR 40 million loan agreement with Valoo Oy, a Finnish internet service provider, to support the expansion of fibre infrastructure in Finland. The loan, backed by the InvestEU Guarantee, will … Read the full press release
Posted in Banks, Business, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Technology
Tagged 100 Mbps broadband, André Küüsvek, CVC DIF, digital infrastructure, digital services, digitalisation, EUR 40 million loan, fibre infrastructure, fibre optic network, Finland, Finnish Industry Investment Ltd, high-speed Internet, InvestEU guarantee, municipalities, NIB, Nordic Investment Bank, Oulu region, partnership, single-dwelling households, southern Finland, suburban areas, Tesi, Valoo Oy
(IN BRIEF) SEB has maintained its position as the leading advisor and research provider in sustainable financing across the Nordic region, according to the latest Prospera customer survey by Kantar Sifo. The bank achieved the highest score, outperforming its competitors, … Read the full press release
Posted in Awards, Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Sweden, Technology
Tagged Awards, competitive advantage, corporate clients, Denmark, Finland, Green Bond Report, Hans Beyer, institutional clients, investment-grade bonds, Kantar Sifo, leadership, Nordic Region, Norway, Prospera customer survey, regulatory changes, RESEARCH, SEB, sustainability advice, sustainability integration, sustainable banking, sustainable financing, Sweden
(IN BRIEF) The Nordic Investment Bank (NIB) has signed a SEK 700 million loan agreement with Hemsö Fastighets AB to finance several projects in Sweden and Finland, including the refurbishment of educational buildings in Helsinki and Turku and the construction … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Sweden, Technology
Tagged André Küüsvek, AP3, Borlänge, educational buildings, energy efficiency, EUR 61 million, Finland, Helsinki, Hemsö, Hemsö Fastighets AB, Kallio Upper Secondary School of Performing Arts, Lemminkäisenkatu, loan agreement, Miljöbyggnad Gold, NIB, Nils Styf, Nordic Investment Bank, partnership, Patienten life science center, police headquarters, public sector infrastructure, real estate, Refurbishment, SEK 700 million, Siltavuorenpenger, social infrastructure, sustainability, sustainable projects, Sweden, Swedish Police Authority, Turku, Turku International School, Turku University of Applied Sciences, University of Helsinki, Vallila elementary school, Visual Arts School of Helsinki
(IN BRIEF) Logicor has appointed Timo Simolin as the new Head of Asset Management for its operations in Finland. With over 15 years of experience in the real estate sector, Timo’s expertise will help drive Logicor’s asset management and leasing … Read the full press release
Posted in Business, Finland, Government, Industrial, Management, News, Real Estate, Transportation & Logistics, United Kingdom
Tagged Aalto University, AB Sagax, appointment, asset management, Country Manager, European real estate, Finland, Head of Asset Management, Joona Suomela, leadership, leasing activities, Logicor, logistics real estate, Mileway, Newsec, portfolio development, real estate, real estate industry, Timo Simolin
(IN BRIEF) Gasum is expanding its biogas refueling network by acquiring a filling station in Joensuu, Finland, from Wega Group. The station, set to be fully operated by Gasum starting January 2025, currently offers compressed biogas (CBG) for passenger and … Read the full press release
(IN BRIEF) Finnish companies will gain access to over €400 million in financing for green and digital transformations through a partnership between Nordea Bank and the European Investment Fund (EIF). Backed by the InvestEU programme, the agreement provides SMEs and … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Finland, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged businesses, clean technology, EIF, energy efficiency, Financial, Finland, InvestEU, Marjut Falkstedt, Nina Arkilahti, Nordea Bank, partnership, SMEs, sustainability
(IN BRIEF) The Nordic Investment Bank (NIB) has signed a 7-year EUR 42.8 million loan agreement with Sunnhordland Kraftlag AS (SKL) to finance the modernization of the Løkjelsvatnet hydropower plant in Etne, Norway. Completed in October, the upgrade doubled the … Read the full press release
(IN BRIEF) Sweden has contributed SEK 9 million (approximately EUR 765,500) to the NEFCO-managed Baltic Sea Action Plan (BSAP) Fund, further supporting efforts to tackle environmental challenges in the Baltic Sea. Established by Sweden and Finland in 2010, the BSAP … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Non Profit, Sweden
Tagged Baltic Sea, BSAP, Dennis Hamro-Drotz, Finland, Jacob Hagberg, Mia Dahlström, NEFCO, partnership, sustainability, Sweden
(IN BRIEF) The European Investment Bank (EIB) has provided a €105 million loan to the Municipality of Tuusula in Finland to construct energy-efficient school complexes for 3,500 students. The project, spanning three neighborhoods, aims to create modern educational spaces aligned … Read the full press release
Posted in Banks, Business, Construction, Education, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged EIB, ENERGY, Finland, Kalle Ikkelä, partnership, School Complexes, sustainability, Thomas Östros, Tuusula Municipality
(IN BRIEF) Eviden, part of the Atos Group, has secured a €60 million contract to deliver “Roihu,” Finland’s new national supercomputer, which will triple the country’s current computing capacity and significantly enhance AI performance. Built on the BullSequana XH3000 platform, … Read the full press release
Posted in Business, Financial, Finland, France, Government, Industrial, Investment, Management, News, Technology
Tagged "Roihu", Atos, Bruno Lecointe, Eviden, Finland, INNOVATION, partnership, Pekka Lehtovuori, supercomputer
(IN BRIEF) CapMan Nordic Infrastructure II fund has acquired a majority stake in ProPellet Oy, Finland’s leading heat-as-a-service (HaaS) operator and bioenergy producer. ProPellet, which operates over 120 heating sites and produces pellet fuel using forestry by-products, has experienced significant … Read the full press release
(IN BRIEF) CapMan Infra, through its Nordic Infrastructure II fund, has acquired a majority stake in ProPellet Oy, Finland’s leading bioenergy producer and heat-as-a-service (HaaS) operator. ProPellet, which operates over 120 heating sites and two pellet production facilities using forestry … Read the full press release
(IN BRIEF) Mutares SE & Co. KGaA has signed an agreement to acquire VR Road Logistics, a Finnish road logistics provider specializing in services for industrial clients in forestry, metals, construction, and mining. The company, which generated approximately EUR 80 … Read the full press release
(IN BRIEF) Stora Enso is acquiring Finnish sawmill company Junnikkala Oy to secure a reliable wood supply for its packaging board production in Oulu and to support its wood products division with enhanced resources. The acquisition, valued up to EUR … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Investment, Management, News, Technology
Tagged acquisition, Finland, Hans Sohlström, Junnikkala Oy, partnership, Sawmilling Operations, Stora Enso, sustainability, wood supply
(IN BRIEF) Helen has commissioned AFRY to conduct a feasibility study for a large-scale green hydrogen production plant in Helsinki. This study will evaluate the conditions for producing green hydrogen effectively, supporting Helen’s goal to offer carbon-neutral district heating, cooling, … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, Finland, Helen, Hydrogen Production Plant, Ilkka Heikkilä, partnership, Sari Mannonen, sustainability
(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
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