Tag Archives: regional employment

NIB Provides EUR 30 Million Financing to Support Snellman Group Production Expansion and Logistics Modernisation in Finland

(IN BRIEF) NIB has provided a EUR 30 million loan to Oy Snellman Ab to support investments in a new pet food factory in Pedersöre and a dispatch logistics centre in Pietarsaari. The projects will replace ageing facilities and are … Read the full press release

Loviisa Nuclear Power Plant Delivers Strong Output and Advances Modernisation Plans

(IN BRIEF) Fortum’s Loviisa Nuclear Power Plant produced 7.9 TWh of electricity in 2025, covering roughly 10% of Finland’s electricity consumption and achieving an overall availability rate of 89.4%. While production remained at a strong level, output was slightly impacted … Read the full press release