Tag Archives: Finland

Finnish SMEs to benefit from new climate and innovation loan products with EIF guarantee

(IN BRIEF) The European Investment Fund (EIF) will provide a €170 million guarantee to Finnvera Plc to finance approximately €280 million of investment by small companies in Finland. The support of the InvestEU programme enables the guarantee to trigger more … Read the full press release

AFRY to improve production line at Valmet Automotive’s car plant in Finland

(IN BRIEF) AFRY, a Swedish engineering and consulting company, has signed a contract with Valmet Automotive, a car manufacturer, to improve and develop the manufacturing process and production line at its car plant in Finland. The project includes modifying part … Read the full press release

Gruppierungen der organisierten Kriminalität nach gemeinsamen Ermittlungen der Tschechischen Republik und Finnlands zerschlagen

(IN KÜRZE) Ein kriminelles Netzwerk, das am Menschenhandel zum Zweck der sexuellen Ausbeutung beteiligt ist, wurde durch gemeinsame Bemühungen der Tschechischen Republik und Finnlands mit Unterstützung von Eurojust und Europol zerschlagen. Die organisierte Kriminalität rekrutierte Frauen in der Tschechischen Republik … Read the full press release

Organized Crime Groups Dismantled Following Joint Investigations by Czech Republic and Finland

(IN BRIEF) A criminal network involved in human trafficking for sexual exploitation has been dismantled by the joint efforts of the Czech Republic and Finland, with the support of Eurojust and Europol. The organized crime groups recruited women in the … Read the full press release

Gasum announces five teams for biogenic carbon dioxide utilization challenge

(IN BRIEF) Gasum, the Finnish state-owned energy company, has selected five teams to move forward in its open innovation competition, GasumHackathon, which was launched in January. The aim of the competition is to find solutions and partners to utilise the … Read the full press release

NIB signs a EUR 49.2m loan agreement with Demant for hearing technology research and development

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a new seven-year loan agreement with Danish global hearing healthcare company Demant A/S, providing DKK 375 million (EUR 49.2 million) to finance the company’s research and development programme for the 2021-2022 … Read the full press release

Metso Outotec to divest two of its three Metals businesses

(IN BRIEF) Metso Outotec has announced the divestment of two of its three Metals businesses, Metals & Chemical Processing and Ferrous & Heat Transfer, following a strategic review. The company plans to focus on its Aggregates and Minerals businesses, while … Read the full press release

Wärtsilä Continues to Strengthen its Position as Major Supplier to LNG Carrier Vessel Sector

(IN BRIEF) Wärtsilä, a technology group, has won a contract to supply reliquefaction systems for eight new LNG carrier vessels owned by various global shipping companies. The orders were booked into Wärtsilä’s order intake in Q1 2023 and reflect the … Read the full press release

Ahlstrom Makes Commitment to Reduce Emissions in Line with Climate Science

(IN BRIEF) Ahlstrom has released its annual sustainability report for 2022, highlighting the company’s commitment to setting near-term company-wide emission reductions in line with climate science with the Science Based Targets initiative (SBTi). The report also showcases Ahlstrom’s Platinum EcoVadis … Read the full press release

NIB provides €45m loan to Lantmännen for agriculture R&D investments

(IN BRIEF) Swedish agricultural cooperative Lantmännen Ekonomisk Förening has secured a €45m ($52m) loan from the Nordic Investment Bank (NIB) to fund research and development (R&D) in the agriculture sector. The loan will support R&D activities from 2022 to 2024, … Read the full press release

StandardAero and CFM International Sign Agreement for LEAP-1A and LEAP-1B Engines

(IN BRIEF) CFM International and StandardAero have signed a deal for LEAP-1A and LEAP-1B engine maintenance, repair, and overhaul (MRO) services. Under the CFM Branded Services Agreement (CBSA), StandardAero will provide full-scope LEAP MRO services for operators worldwide. This agreement … Read the full press release

Finnvera implements updated process for assessing environmental and social risks in export financing

(IN BRIEF) Finnvera improves risk management with environmental and social risk screening of export financing applications. In 2022, the export credit guarantee provider received 371 applications, one-third of which were screened by the environmental and social risk management team after … Read the full press release

Outokumpu’s New Stainless Steel Powder Production Plant in Krefeld Advances Sustainability Goals

(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, recently held talks with Mona Neubaur, the Deputy Prime Minister of the State of North Rhine-Westphalia and Minister for Economic Affairs, Industry, Climate Protection, and Energy, to discuss sustainability and climate protection … Read the full press release

Thales to provide upgraded anti-forgery and cybersecurity features for Finnish identity documents

(IN BRIEF) Thales, a French multinational company, has won a contract to produce electronic travel and identity documents for Finland, including passports, identity cards, residence cards, and resident permit cards. The new Finnish electronic travel and identity documents are set … Read the full press release

Metso Outotec to continue metallic wear parts production at Prerov foundry in the Czech Republic

(IN BRIEF) Metso Outotec has announced that it will continue the operations of its Prerov foundry in the Czech Republic. The decision follows the completion of an evaluation process announced in November 2022. During the evaluation process, the foundry’s competitiveness … Read the full press release

Aktia named best fixed-income fund house in Finland in Morningstar Awards

(IN BRIEF) Aktia has been named the best fixed-income fund house in Finland in the Morningstar Awards 2022 comparison, and its Aktia Wealth Allocation+ Moderate B was selected as the best balanced fund in the country. Morningstar ranks fund houses … Read the full press release

Innovative Pyro-Processing Technology to Drive Lithium Production at Kokkola Refinery in Finland

(PRESS RELEASE) COPENHAGEN, 16-Jan-2023 — /EuropaWire/ — FLSmidth (CPH: FLS), a Danish multinational engineering company, and Sibanye-Stillwater’s Finnish subsidiary, Keliber, have signed a contract for the supply of pyro-processing equipment to support the lithium hydroxide refinery located in Kokkola, Finland. … Read the full press release

ANDRITZ to supply debarking line, biomass power boiler and new generation LimeLine recausticizing equipment for Stora Enso’s Oulu mill in Finland

ANDRITZ sustainable technologies help Stora Enso achieve its sustainability goals ANDRITZ debarking line minimizes wood losses, biomass boiler ensures lowest emissions, and recausticizing plant minimizes effluent volume (PRESS RELEASE) GRAZ, 21-Dec-2022 — /EuropaWire/ — ANDRITZ GROUP, Austria-based international technology group … Read the full press release

Skanska to invest in 78 apartments residential project in Helsinki, Finland

(PRESS RELEASE) STOCKHOLM, 22-Nov-2022 — /EuropaWire/ — Skanska (STO: SKA-B), a world leading project development and construction group, has announced it will invest some EUR 45 million (~SEK 500 million), in a residential development project in Helsinki, Finland. The construction … Read the full press release

Gasum’s new gas filling station in the Kivistö district of Vantaa created in cooperation with LAB University of Applied Sciences and visual artist Katja Tsykarev

(PRESS RELEASE) ESPOO, 1-Sep-2022 — /EuropaWire/ — Gasum, a Finnish government-owned energy company, has announced that its newly opened gas filling station in the Kivistö district of Vantaa has been created in cooperation with LAB University of Applied Sciences and … Read the full press release

Die neue Tankstelle von Gasum im Kivistö-Viertel von Vantaa, die in Zusammenarbeit mit der LAB University of Applied Sciences und der bildenden Künstlerin Katja Tsykarev entstanden ist

(PRESSEMITTEILUNG) ESPOO, 1-Sep-2022 — /EuropaWire/ — Gasum, ein staatliches finnisches Energieunternehmen, hat seine Neueröffnung bekannt gegeben Gastankstelle im Kivistö-Viertel von Vantaa wurde in Zusammenarbeit mit der LAB University of Applied Sciences und der bildenden Künstlerin Katja Tsykarev erstellt. Neben dem … Read the full press release

Skanska signs a contract for the construction of a new hospital building in Turku, Finland

(PRESS RELEASE) STOCKHOLM, 7-Jul-2022 — /EuropaWire/ — Skanska (STO: SKA-B), a world leading project development and construction group, has announced a new contract worth EUR 41 million (~ SEK 430 million) with The Hospital District of Southwest Finland for the … Read the full press release

Skanska unterzeichnet einen Vertrag für den Bau eines neuen Krankenhausgebäudes in Turku, Finnland

(PRESSEMITTEILUNG) STOCKHOLM, 7-Jul-2022 — /EuropaWire/ — Skanska (STO: SKA-B), ein weltweit führendes Projektentwicklungs- und Bauunternehmen group, hat einen neuen Vertrag im Wert von 41 Millionen Euro (~ 430 Millionen SEK) mit dem Hospital District of Southwest Finland für den Bau … Read the full press release

The world’s largest biomethanol purification plant will be installed in Metsä Fibre’s bioproduct mill in Äänekoski, Finland

(PRESS RELEASE) GRAZ, 2-Jun-2022 — /EuropaWire/ — ANDRITZ GROUP, Austria-based international technology group active in the supplies of plants, has announced a new order from Veolia Services Suomi, a Veolia Group company, for the supply of a biomethanol purification plant … Read the full press release

La plus grande usine de purification de biométhanol au monde sera installée dans l’usine de bioproduits de Metsä Fibre à Äänekoski, en Finlande

(COMMUNIQUÉ DE PRESSE) GRAZ, 2-Jun-2022 — /EuropaWire/ — ANDRITZ GROUP, groupe technologique international basé en Autriche et actif dans la fourniture de plantes, annonce une nouvelle commande de Veolia Services Suomi, un groupe Veolia société, pour la fourniture d’une usine … Read the full press release

Lippulaiva, one of the most extensive grocery retail clusters in the Helsinki Metropolitan Area, opens on Thursday, 31 March, 2022

(PRESS RELEASE) ESPOO, 30-Mar-2022 — /EuropaWire/ — Citycon, a leading owner, developer and manager of multipurpose urban centres, has announced that Lippulaiva, one of the most extensive grocery retail clusters in the Helsinki Metropolitan Area, will open on Thursday, 31 … Read the full press release

DNV provided technical support and expertise to green energy operator Valorem for the development of the Viiatti wind farm project in Finland

(PRESS RELEASE) LONDON, 8-Mar-2022 — /EuropaWire/ — DNV, the independent energy expert and assurance provider, has announced that the company provided technical support and expertise to Valorem, a French vertically-integrated green energy operator, for the development of the Viiatti wind … Read the full press release

Vattenfall to deliver fossil-free energy from its Nordic hydropower plants to Neste in Finland

(PRESS RELEASE) STOCKHOLM, 22-Dec-2021 — /EuropaWire/ — Vattenfall, a Swedish Gov-owned multinational power company, has announced it has signed a hydropower agreement for an annual volume of 800 GWh of electricity purchased with Guarantees of Origin (GOs) with Neste, the … Read the full press release

Skanska to carry out piping and machinery project for a wastewater treatment plant in Tampere, Finland in a contract worth EUR 45 million

(PRESS RELEASE) STOCKHOLM, 17-Dec-2021 — /EuropaWire/ — Skanska (STO: SKA-B), a world leading project development and construction group, has announced it landed a EUR 45 million (~SEK 460 million) contract for the piping and machinery project for a wastewater treatment … Read the full press release

Skanska to acquire office property in Espoo, Finland for EUR 23M

(PRESS RELEASE) STOCKHOLM, 24-Nov-2021 — /EuropaWire/ — Skanska (STO: SKA-B), a world leading project development and construction group, announces the acquisition of a commercial development property in Espoo, Finland from MSD Finland Oy and the investment amounts to EUR 23M, … Read the full press release

Houseware producer Orthex to change its entire electricity delivery in the Nordics to fossil free hydro power from Vattenfall

(PRESS RELEASE) STOCKHOLM, 20-Aug-2021 — /EuropaWire/ — Vattenfall, a European energy company with a mission to enable fossil free living within one generation, has announced it now delivers 100 percent fossil free hydro power to Orthex’s factories in Sweden and … Read the full press release

Cosmetics company Lumene reduces greenhouse gas emissions from its manufacturing process by up to 90% by switching to renewable fuel oil from Neste

(PRESS RELEASE) ESPOO, 26-Apr-2021 — /EuropaWire/ — Neste announces that Finnish cosmetics company Lumene has introduced Neste MY Non-Road Diesel™ at its factory in Kauklahti, Espoo, Finland, replacing the fossil fuel oil previously used at the factory. In early 2021 … Read the full press release

Siemens Gamesa to supply its most powerful onshore wind turbine to Alajoki-Peuralinna site in Finland

Siemens Gamesa to supply 14 SG 5.8-155 turbines optimized for the Alajoki-Peuralinna site in central Finland, with high towers for maximum wind production, with a total height reaching 240 meters. The deal strengthens partnership with wind power company Suomen Hyötytuuli … Read the full press release

Stora Enso to build a granulation and packing plant for lignin

(PRESS RELEASE) HELSINKI, 4-Dec-2020 — /EuropaWire/ — Leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper, Stora Enso announces its investment of EUR 14 million for the construction of a granulation and packing plant for lignin at … Read the full press release

Energy transition: NIB supports modernisation and contruction of new hydropower plant in Finland

(PRESS RELEASE) HELSINKI, 2-Dec-2020 — /EuropaWire/ — NIB announces that it has signed a 10-year loan agreement of EUR 10 million with Finnish Kuurnan Voima Oy. The funds will be used to reburbish Kuurna hydropower plant and to build Laurinvirta … Read the full press release

One of world’s fastest supercomputers will run on 100 percent fossil free hydro power from Vattenfall

(PRESS RELEASE) STOCKHOLM, 16-Nov-2020 — /EuropaWire/ — Vattenfall, a Swedish multinational power company owned by the Government of Sweden, has announced that LUMI, one of the fastest supercomputers in the world, will from next year run on 100 percent fossil … Read the full press release

Neste opens first fully automated self-service convenience store using RFID technology in Europe

(PRESS RELEASE) ESPOO, 3-Jun-2020 — /EuropaWire/ — Neste opens the first self-service convenience store in Europe using RFID technology. The new fully automated Easy Deli store opened on 3 June 2020 in the center of Helsinki, Finland. Using RFID technology, … Read the full press release

Breakthrough Results with High-Power Laser Technology will Transform Electric Vehicles

(PRESS RELEASE) TAMPERE, Finland, 30-Dec-2019 — /EuropaWire/ — The northern lights are shining extra-bright in Tampere Finland this month as a major step forward in amplifying the power of lasers was achieved. For the first time a laser using similar … Read the full press release

DNA CEO Jukka Leinonen to head Telenor Group’s newly formed Nordic cluster

(PRESS RELEASE) FORNEBU, 1-Nov-2019 — /EuropaWire/ — Jukka Leinonen has been appointed head of Telenor Group’s newly formed Nordic cluster. Leinonen is currently the CEO of the Finnish telcom operator DNA and will retain this position aside becoming a part … Read the full press release

CapMan Infra invests in the acceleration of fibre network deployment across Finland

(PRESS RELEASE) HELSINKI, 31-Oct-2019 — /EuropaWire/ — CapMan Infra to establish a joint venture with Telia Company that will invest into and deploy fibre-to-the-home (FTTH) infrastructure in Finland. CapMan Infra will take a majority investment in the joint venture that … Read the full press release