Archive

Headlines

Fri, 17 Apr, 2015:

Finnish luxury water heads to Egypt

Saaramaan Vesi will start delivering its Lumo-branded luxury water to Egyptian hotels and restaurants as from around May or June, reports  Yle . The company behind the luxury water is a Kouvola-based water production company run by two brothers.... Read more

HK Scan heads to Far East

Finnish food company HK Scan is investing in its export business by establishing a sales office in Hong Kong this year. The company additionally plans to open a local sales office in Mainland China as soon as the necessary approvals are secured... Read more

Finland 2nd in global Network Readiness Index

The World Economic Forum has ranked Finland first of the EU countries, and in second position globally, in their annual Networked Readiness Index (NRI). The index measures the propensity of countries to utilise opportunities offered by... Read more

First Finnish satellite rockets to space

Aalto University has signed a contract with a Dutch company Innovative Solutions in Space for the launch of the Aalto-1 satellite. The historic contract for sending the first Finnish satellite into space was signed by Keijo Nikoskinen, Dean of... Read more

Thu, 16 Apr, 2015:

Finnish startup offers a diabetes diary with a twist

387 million people are estimated to live with diabetes globally and the number keeps rising. Finnish startup Sensotrend plans to make their lives a little easier.  “I was diagnosed with type 1 diabetes in 1999. Living with it requires lots of... Read more

German company buys up Turku shipyard

The German company Meyer Werft has announced that it will be buying the Finnish Government’s stake in the Turku shipyard, i.e. Meyer Turku, reports the Finnish business daily Kauppalehti . Finnish Industry Investment (FII) and Meyer Werft signed... Read more

Finnish university goes heavy on the learning

Finns continue to take their passion for heavy music to unprecedented levels, with the University of Helsinki now offering a course entitled Heavy Metal Music in Contemporary History and Society. Conducted over three weeks this summer, the... Read more

Wärtsilä generates order worth EUR 120 million

Wärtsilä is to supply power generation capacity for a Europe-based customer with international operations after signing a major contract. The value of the equipment delivery agreement for the Finnish engineering company is approximately 120... Read more

Wed, 15 Apr, 2015:

Engineering consultancy Citec eyes emerging markets for rapid growth

For the Finnish engineering consultancy Citec, emerging markets are becoming increasingly important as the group seeks to expand its footprint across Asia and Middle East Citec has been quietly building its business in the developing economies... Read more

Nokia acquires Alcatel-Lucent

Nokia and Alcatel-Lucent announced today their intention to combine. The companies have entered into a memorandum of understanding under which Nokia will make an offer for all of the equity securities issued by Alcatel-Lucent, through a public... Read more

Onbone to expand through 10 million euro investment

Onbone Ltd, a Finnish company, has raised a total of EUR 10 million in an investment round led by the global venture capital investment company MVM Life Science Partners. Other participants in the round were Finnish Industry Investment Ltd, a... Read more

Finland has the world’s 6th most open government

As Finland readies itself for parliamentary elections being held on 19 April, the World Justice Project (WJP) has ranked the country 6th in a global survey of government openness. The inaugural WJP Open Government Index 2015 surveyed 102... Read more

Tue, 14 Apr, 2015:

Geo Tech sets up Indian-Finnish joint venture in Helsinki

Indian software development company Geo Tech has been working with Scandinavian customers since 2008. Now with business booming the company has taken the next step: opening its first European operations in Helsinki, Finland. As a mobile and web... Read more

Oilon achieved a world class record in emission reduction in Beijing

Oilon, the Finnish energy and environmental technology developer, has met the requirements for nitrogen oxides (NOx) for natural gas-fired district heating plants in Beijing. The requirements for nitrogen oxides for natural gas-fired district... Read more

Affecto signs EUR 2.3 million contract

Finnish enterprise information management company Affecto has signed a significant agreement with a Scandinavian public sector entity. The contract is part of a consortium regarding the maintenance and development of the entity’s business... Read more