Tag Archives: Helsinki

EIB Finances €400 Million Helsinki Tramline Project to Boost Sustainable Transport

(IN BRIEF) The European Investment Bank (EIB) has provided €400 million in financing to Helsinki for the development of the Crown Bridges Light Rail project, which will extend the city’s tram network to three eastern suburbs. The project includes the … Read the full press release

Eckerö Line Becomes Finland’s First Maritime Operator to Use Neste’s Renewable Diesel

(IN BRIEF) Eckerö Line has become the first Finnish maritime company to use Neste MY Renewable Diesel in commercial operations, helping it meet the 2% emissions reduction target of the 2025 FuelEU Maritime regulation. The renewable diesel, produced from 100% … Read the full press release

Helsinki’s Biomedicum 1 to Slash Energy Use by 60% Thanks to NIB-Financed Renovation

(IN BRIEF) The Nordic Investment Bank (NIB) has granted an €8 million loan to Kiinteistö Oy Biomedicum Helsinki to finance the renovation of Biomedicum 1, a key research and education building in the Meilahti medical campus. Scheduled for completion by … Read the full press release

Outokumpu, Alfa Laval and SSAB Unite for Ultra-Low Emission Cooling at Helsinki Hospital

(IN BRIEF) Outokumpu has partnered with Alfa Laval and SSAB to provide cutting-edge plate heat exchangers for the Laakso Joint Hospital project in Helsinki. As part of a major redevelopment effort led by the City of Helsinki and Helsinki University … Read the full press release

NIB and Hemsö Secure SEK 700 Million Loan for Sustainable Infrastructure Projects in Sweden and Finland

(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

Skanska Secures €252M Contract for Green Tram Depot Project in Helsinki

(IN BRIEF) Skanska has been awarded a €252 million contract by City Transport Ltd to build a state-of-the-art tram depot in Helsinki, Finland. The 41,000-square-meter facility will house and service up to 50 trams, with provisions for maintenance, cleaning, and … Read the full press release

EIB Supports €1 Billion Laakso Joint Hospital Project in Helsinki with €100 Million Initial Loan

(IN BRIEF) The European Investment Bank (EIB) has provided an initial €100 million loan for the construction of the €1 billion Laakso Joint Hospital in Helsinki, which will integrate psychiatric, neurological, geriatric, and palliative care services for 1.7 million Uusimaa … Read the full press release

Stora Enso’s Katajanokan Laituri: Helsinki’s Largest Mass Timber Building Sets a New Standard for Sustainable Urban Development

(IN BRIEF) Katajanokan Laituri, completed in the summer of 2024, is a sustainable urban regeneration project in Helsinki’s South Harbour. It houses Stora Enso’s new headquarters, along with a hotel, event space, restaurants, cafés, and a rooftop terrace. As Finland’s … Read the full press release

Stora Enso’s New Timber Office in Helsinki Sets Benchmark for Sustainable Architecture

(IN BRIEF) Stora Enso has opened its new head office, Katajanokan Laituri, in Helsinki, the largest mass timber building in Finland. The four-storey structure, also housing the Solo Sokos Hotel Pier 4, showcases sustainable, low-carbon construction. Built with prefabricated wood … Read the full press release

GTT Strategic Ventures Invests in Finnish Maritime Software Company Seaber.io

(IN BRIEF) GTT Strategic Ventures, alongside Counterview Capital, Lifeline Ventures, and Tesi, has invested in Finnish maritime software company Seaber.io. Based in Helsinki, Seaber.io specializes in digitalizing scheduling and chartering for bulk shipping, utilizing AI and machine learning for real-time … Read the full press release

EIB Invests €150 Million in Helsinki’s Renewable Energy Transition

(IN BRIEF) The European Investment Bank (EIB) has inked a €150 million loan deal with Helen Ltd, a prominent Finnish energy company owned by the City of Helsinki. This funding aims to bolster two new renewable-energy initiatives in the district … Read the full press release

Fortum’s Loviisa Plant Extends License Until 2050, Paving the Way for 170 TWh of CO2-Free Power

(IN BRIEF) In 2023, Fortum’s Loviisa nuclear power plant in Finland achieved exceptional results, generating 8.09 terawatt-hours of carbon-free electricity. Loviisa 1 and Loviisa 2, the plant’s units, demonstrated high operational efficiency with load factors exceeding 89%. Fortum also collaborated … Read the full press release

EU-Funded CommuniCity Launches its Second Open Call

(IN BRIEF) The CommuniCity project, funded by the European Union, has launched its Second Open Call to address various challenges faced by marginalized communities in European cities. Building on the success of its First Open Call, the project has expanded … Read the full press release

Sustainable Expansion: DHL Express Announces Construction of Helsinki Logistics Center

(IN BRIEF) DHL Express Finland has announced the construction of a new logistics center at Helsinki-Vantaa Airport. The facility, with an investment of approximately €100 million, will serve as the central hub for all incoming and outgoing Express shipments in … 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

Skanska investiert in ein Wohnprojekt mit 78 Wohnungen in Helsinki, Finnland

(PRESSEMITTEILUNG) STOCKHOLM, 22-Nov-2022 — /EuropaWire/ — Skanska (STO: SKA-B), ein weltweit führendes Projektentwicklungs- und Bauunternehmen Group, hat angekündigt, rund 45 Millionen Euro (~500 Millionen SEK) in ein Wohnentwicklungsprojekt in Helsinki, Finnland, zu investieren. Der Bauauftrag hat einen Wert von 32 … Read the full press release

CapMan Real Estate sells Helsinki office building to Swedish real estate company Castellum for EUR 23 million

(PRESS RELEASE) HELSINKI, 14-Dec-2020 — /EuropaWire/ — CapMan Nordic Real Estate Fund announces an agreement to sell an office building in the Sörnäinen district of Helsinki to Castellum. Hämeentie 15 is a historic property strategically located north of Helsinki CBD. … 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

SGS strengthens its ability to provide critical services in the PPE market

(PRESS RELEASE) GENEVA, 1-Oct-2019 — /EuropaWire/ — SGS acquires the business and assets of the personal protective equipment (PPE) testing and certification activities of the Finnish Institute of Occupational Health (FIOH). FIOH, based in Helsinki, Finland, is previously operated as … Read the full press release

CapMan Nordic Real Estate II fund adds Cavonius building in Helsinki to its City Pearls portfolio

(PRESS RELEASE) HELSINKI, 15-May-2019 — /EuropaWire/ — CapMan Nordic Real Estate II fund acquires an office and retail property located at Pohjoisesplanadi 21, Helsinki. The Cavonius building is already the fund’s third acquisition to its City Pearls portfolio investing in … Read the full press release