Archive

Headlines

Wed, 30 Nov, 2011:

Neste Oil expands in Northwest Russia

Neste Oil has strengthened its share of the retail market in Northwest Russia following the acquisition of four new service stations in the St Petersburg region this month and the opening of three new outlets there earlier in the year. The... Read more

Kone to deliver elevators and escalators for court building in California

Kone is to supply 21 elevators and eight escalators for the Long Beach Court Building in California. The building will feature a variety of Kone elevator and escalator designs, all of which are energy-efficient.  According to Kone the lifting... Read more

Nokia Lumia 800 flying off the shelves in Britain

Nokia’s first Windows phone Nokia Lumia 800 is flying off the shelves in Britain. According to the web publication Mobiledia.com Nokia has sold out the phone in the U.K. The website quotes the mobile phone manufacturer saying that the company... Read more

Tue, 29 Nov, 2011:

Researchers improve smartphone battery life 

Researchers at Aalto University in Finland say they have found a way to slash the power consumption of 3G smartphones. By using a network proxy which offloads mobile browsing into the cloud, they claim to have cut 3G power usage by up to 74 per... Read more

Esa-Pekka Salonen’s violin concerto wins award in US

Composer and conductor Esa-Pekka Salonen’s violin concerto has been awarded the respected Grawemeyer award in the United States.  The award is worth 100,000 dollars or around 76,000 euros. The award is granted each year by the University of... Read more

A 33-storey hotel tower planned in Helsinki

A Norwegian investor Arthur Buchardt is planning to build a 33-storey hotel in Helsinki’s Jätkänsaari. The new hotel tower, to be named the Kämp Tower Hotel, will be about 120 meters tall and is estimated to cost around EUR 120 million. Buchardt... Read more

Mon, 28 Nov, 2011:

The Finnish Finance Minister best of EU newcomers

The Financial Times panel has voted the Finnish Finance Minister Jutta Urpilainen the best newcomer among the European Union Finance Ministers. She was ranked 9th best among the 19 EU Finance Ministers. Last year the paper chose the Finnish... Read more

Wärtsilä on course to buy Hamworthy

Wärtsilä hopes to close its takeover of engineering company Hamworthy by early next year after the UK company’s board backed its offer last week. Wärtsilä has offered to pay 825 pence a share, valuing Hamworthy at 383 million pounds, or about... Read more

Fri, 25 Nov, 2011:

Eight Finnish companies nominated for Red Herring’s Top 100 Global award

[Updated on 25.11.2011 at 1:30 pm. Finnish company Aditux was missing from the orginal story due to an error on the Red Herring's list.] Eight Finnish technology companies have been nominated for Red Herring’s Top 100 Global award, a prestigious... Read more

Popularity of Restaurant Day soars yet again

Held on Saturday November 19th, Restaurant Day once again attracted record numbers.  The third of the Restaurant Days saw more than 300 restaurants in more than 40 districts take part.  Each time Restaurant Day has grown in popularity:  in May,... Read more

Finnprotein builds huge soy protein plant

Soy processing company Finnprotein has secured 100 million euros of financing to build a multi-stage soy processing plant in Uusikaupunki – the largest facility of its type in Europe, reports the Invest in Finland website. Finnprotein extracts... Read more

Thu, 24 Nov, 2011:

Santa Claus to appear in 20 Chinese cities

The Santa Claus Foundation was in Beijing earlier this week to kick off the Santa in China event, which will tour 20 cities throughout China at the end of November and during December. The star attraction of the event is, of course, Santa Claus,... Read more

Helsinki plans to gain Fairtrade City mark

The city of Helsinki is planning to switch to Fairtrade products in order to join the other five Finnish cities which already have been awarded the Fairtrade City mark. In Finland cities of Tampere, Pori, Joensuu, Lohja and Espoo have already... Read more

Neste Jacobs helps push for blood plasma self-sufficiency

Neste Jacobs has formed a strategic alliance with UK-based GE Healthcare to help countries worldwide become self-sufficient in the manufacture of blood plasma products.  The alliance will bring together Neste Jacobs’s global bio-engineering and... Read more

Wed, 23 Nov, 2011:

Neste Oil trials renewable diesel in cars and boats

Neste Oil says its renewable diesel has performed well in passenger car trials in Germany and is about to be tested for the first time in marine use in the Netherlands. One trial by Neste Oil and its German partners on a new 100% renewable... Read more

Outotec to deliver a copper production plant to Southern China

Outotec is designing and delivering a greenfield copper production plant to Bei Hai in Southern China. The company has signed a contract with Guangxi Jinchuan Non-Ferrous Metals Co.,Ltd which is valued at EUR 30 million.   Outotec's scope of... Read more

Tue, 22 Nov, 2011:

Elisa brings 4G speed to the market

Elisa is the first company in Finland to launch a 4G mobile data network.  The 4G link enabling faster mobile broadband will be available on the Elisa network in around one hundred areas of the country by the end of the year. ― According to the... Read more

Scientists find regulator of human cell activity

Finnish researchers have discovered that the SHARPIN protein regulates human cell activity – a finding that could lead to better treatments for a host of diseases. The discovery was made by teams headed by Johanna Ivaska from the University of... Read more

Ruukki opens a sales office in Mumbai

Ruukki is strengthening its special steels sales network by opening an office in Mumbai, India. The office will be opened at the end of the year. The company also opened a sales office in Beijing, China in September. Ruukki has had operations in... Read more

Mon, 21 Nov, 2011:

Aalto on Waves takes students on a cruise to Brazil

More than one hundred economics and technology students, together with members of the Aalto Community set off on November 16th on a cruise to Brazil lasting nearly one month.  Aalto on Waves will take them via the Canary Islands, Recife,... Read more

Stora Enso establishes an innovative shadow management team

Stora Enso, the global packaging, paper and wood company, has brought innovation to its management system. The company is establishing a new shadow management team called Pathfinders to challenge the Chief Executive Officer and Group Executive... Read more

New light charges mobiles wirefree

Finnish companies PowerKiss and Tunto have created a new lamp whose surface can be used to charge mobile devices wirefree. The product will be available early next year. The LED 8 POWERKISS lamp merges Tunto design with PowerKiss technology.... Read more

Fri, 18 Nov, 2011:

Koja wins German order worth millions

Air conditioning technology specialist Koja Oy has won a major order from the German Meyer Werft Gmbh shipyard. Koja will deliver air conditioning systems for two luxury cruise liners.  The order is the biggest in the company’s history. Included... Read more

Nokia Siemens turns on London’s first superfast mobile broadband service

Nokia Siemens Networks (NSN) will trial the superfast next generation 4G mobile broadband services in London with network operator O2. This is good news for London consumers who shop online via their smartphones, because the new network speeds... Read more

Greenlux signs LED deal with Fagerhult

Lightning design firm Greenlux Finland has signed a deal to deliver LED lights to Sweden’s Fagerhult, the largest company in the lightning industry in the Nordic Countries. Greenlux will deliver LED lights suitable for general lighting to... Read more

Thu, 17 Nov, 2011:

Finnish icebreakers head for the Alaskan oil fields

Arctia Offshore Oy and the international oil giant Shell have signed a major agreement whereby Arctia’s multi-purpose icebreakers Fennica and Nordica will be brought in during the summer period to work in support functions for oil and gas... Read more

Penny bid auction site and shoe designer win top Timangi prizes

The penny bid auction site founder William Wolfram has won the top prize of EUR 50.000 of “Timangi 2011”- competition which is targeted to young Finnish entrepreneurs. The competition is organised by Finnish Ministry of Employment and Economy.... Read more

Orders pile in for Cargotec

Cargotec has announced a spate of orders in recent weeks from loader cranes in Mexico to a fertiliser unloader in India. In its latest release, Cargotec announced a five million dollar order to supply 80 Hiab loader cranes to Petróleos Mexicanos... Read more

Wed, 16 Nov, 2011:

HockeyBird to be ice hockey world championship’s sixth fielder

The 2012 Ice Hockey World Championships being held next Spring in Helsinki and Stockholm now have a mascot with the name Hockey Bird.  The creature looks very familiar as it is the first Angry Bird designed by Rovio Entertainment’s Toni... Read more

Nokia Windows Phone goes on sale in UK

Nokia Lumia 800, Nokia's first WIndows Phone, goes on sale in UK’s retail outlets today 16th of November. The phone will be available from all the major mobile phone operators and retailers including Orange, T-Mobile, Vodafone, Carphone... Read more

Finnish companies win Global Cleantech awards

The Global Cleantech Cluster Association (GCCA) has named two Finnish companies among its ten winners for the 2011 Later Stage Award. Equipment and coating technology supplier, Beneq, won in the Best of New Materials category. Wind turbine gear... Read more

Tue, 15 Nov, 2011:

Michael Monroe’s new album voted best of the year in London

Famous especially from the band Hanoi Rocks, Michael Monroe received the award for Best Album of the Year in London for his album Sensory Overdrive.  The award was made following a vote by the readers of the magazine Classic Rock. The results of... Read more

Finland’s country brand eight strongest amongst 113 nations

Finland’s country brand is the eight strongest amongst the 113 nations. This is revealed in the seventh annual FutureBrand Country Brand Index (CBI) which is a global study of country brand strength. According to index, Canada has the strongest... Read more

Eficode expands in UK and Denmark

Finnish IT service provider Eficode has expanded its operations to the United Kingdom and Denmark through the acquisition of Videnhuset and its subsidiary Videnhuset UK. In addition to Finland, China and Russia, the young company now also has... Read more

Mon, 14 Nov, 2011:

World Design Capital Helsinki creates a better city

World Design Capital 2012 Helsinki has published its complete programme of events comprising some 250 projects.  This represents one of the biggest series of design events ever to be implemented. The goal of the Design Capital Year is the use of... Read more

Konecranes supplies the biggest Goliath gantry crane in the world

Konecranes has got an order for the biggest Goliath gantry crane in the world from Brazilian shipyard Ecovix-Engevix Construcoes Oceanicas S.A. The crane will be delivered to Rio Grande do Sul in October 2012. The two parties have agreed not to... Read more

Multitouch microscope to diagnose disease

Finnish and Swedish scientists hope to begin pilot projects early next year in Africa and India of a small handheld microscope which can speedily diagnose diseases such as malaria, reports Finnair’s inflight magazine Blue Wings. Protoypes are... Read more

Fri, 11 Nov, 2011:

MariMatic supplying waste collection system for the world’s largest mosque

Finnish company MariMatic is supplying the world’s largest automatic solid waste collection system to Saudi Arabia.  The system will handle the waste generated by the millions of pilgrims who gather annually in Mecca. The automatic pipe... Read more

Outotec wins new orders from Chile and Russia

Outotec, the global leader in minerals and metals processing technology, has won new orders from Chile and Russia. The NASDAQ  OMX-listed company will provide a  process technology to Sierra Gorda copper-molybdenum project in Chile, and deliver... Read more

Startup Sauna makes young companies sweat

A Finnish scheme to help promote the best startups from Northern Europe and Russia has launched its autumn programme. Startup Sauna says that among the participating teams, eight are from Finland, five from Russia, two from Poland and one each... Read more

VTT launches new holographic film material

VTT Technical Research Centre of Finland has developed printable holographic-like film technology which can be used for protecting against counterfeits, packages and consumer products. The new light scattering method is both cost-effective and... Read more

Thu, 10 Nov, 2011:

Nokia develops bendy, waterproof smartphone

Nokia unveiled a flexible smartphone, called “Nokia Kinetic Device”, at Nokia World 2011 in London. The kinetic device was presented at Nokia’s Future Technology section, and was one of the most appealing products at the show. Users twist and... Read more

Princess film gets English language remake

Distribution company W2 Media has picked up the English-language remake rights to Finnish box office hit Princess, a true-life drama about psychiatric patient Anna Lappalainen, says The Hollywood Reporter. Lappalainen, who was a cabaret dancer... Read more

Bright light headset relieves symptoms of seasonal affective disorder

Bright light therapy directly targeting the brain significantly alleviates the symptoms of seasonal affective disorder, also known as winter darkness depression, according to research carried out by Oulu University and Valkee Oy who have... Read more

Scientists work on extracting gold from seawater

Extracting gold from seawater might sound like searching for a needle in a haystack but researchers at the Lappeenranta University of Technology are trying to do precisely that, reports Helsingin Sanomat. Over millions of years, gold and other... Read more

Wed, 09 Nov, 2011:

Rovio’s Mikael Hed named Entrepreneur of the Year

Mikael Hed, CEO of Rovio Entertainment the creators of Angry Birds, has been named Entrepreneur of the Year in Finland. Hed was picked in the national Entrepreneur of the Year competition organized by Ernst & Young. ― Rovio’s growth figures and... Read more

Much loved Moomin book will be published as a tablet version

The much loved Tove Jansson’s Moomin book The Book about Moomin, Mymble and Little My will be published as a tablet version next year. WSOY, a Finnish publishing house, announced that it will launch an electronic version of the book in... Read more

Ruukki wins Russian plant deal

Rautaruukki has signed a contract with the Russian company Terwingo to design and deliver the steel frame and roof structures for a steel wire production plant to be built in the Lipetsk region. The contract is worth about seven million euros.... Read more

Researchers earn supercomputing time

Seven Finnish research groups have been granted 18 million compute hours on some ofthe most powerful supercomputers in Europe. The supercomputers belong to the PRACE (the Partnership for Advanced Computing in Europe) Research Infrastructure. The... Read more

Tue, 08 Nov, 2011:

Le Havre shortlisted for awards

Aki Kaurismäki's film Le Havre is competing for the top prize at the European Film Awards.      Kaurismäki is also shortlisted for the best director and best screenwriter awards while André Wilms has been nominated for the best actor award for... Read more

Green technology developer Eniram is the fastest growing high tech company

The green technology developer Eniram is the Finland’s fastest growing high tech company having grown 6209 percent in past five years. Its products include fuel efficiency solutions for large commercial vessels. The Deloitte has published the... Read more

Anglo American found significant deposits in Finland

The British American mining company Anglo American has found very high concentrations of copper and nickel in large deposits in Sodankylä in northern Finland. Geological Survey of Finland said the concentrations were many times greater than... Read more

Mon, 07 Nov, 2011:

Guitar game wins Slush 100 startup competition

Tampere-based developer Ovelin has won the Slush100 startup competition with their Wildchords guitar game.  The competition was organized in Helsinki in conjunction with Slush, the largest startup and technology event in Northern Europe. The... Read more

VTT bioengineers in California

Top researchers from Finland and the United States have launched a joint research centre for bioengineering in Berkeley, California. The VTT/MSI Center for Bioengineering will include international, collaborative research projects between... Read more

Finnish gaming industry revenue reaching EUR 165 million

The gaming industry is rapidly becoming the largest cultural industry in Finland, and one of the biggest in Nordic countries. This year, the gaming industry is expected to generate EUR 165 millions of revenue. According to Neogames, the Finnish... Read more

Fri, 04 Nov, 2011:

Gaming giant Ubisoft acquires Finnish RedLynx

International game company Ubisoft has acquired RedLynx, a Helsinki-based game studio. Founded in 2000, RedLynx is known for its Trials game series, which has become one of the best-selling games ever on Xbox Live Arcade. According to the... Read more

Scoopshot and Metro in co-operation

The Helsinki-based P2S Media Group which runs the Scoopshot news image service has entered a major co-operation deal with Metro International.  This will allow readers to sell pictures they take to Metro using Scoopshot’s iPhone and Android... Read more

Ovelin launches guitar learning game

Ovelin is on a roll with the launch of its guitar learning game WildChords just a week after taking top prize at the Match Point pitching competition for digital music start-ups. Ovelin announced the official release of the guitar learning game... Read more

Kone buys Quality Elevator in the US

Kone, the one of the global leaders in the elevator and escalator industry, has acquired the assets of Quality Elevator in Pennsylvania, US. According to Kone press release, the deal will expand company’s presence in important Pennsylvania... Read more

Thu, 03 Nov, 2011:

Angry Birds soars past 500 million downloads

Rovio’s Angry Birds has broken another record with the game now downloaded more than half a billion times.  — It’s more than any game ever before, Rovio’s marketing chief Peter Vesterbacka told a press conference at the Slush 2011 event in... Read more

Finland world’s third most egalitarian country

Finland ranks third in the World Economic Forum’s global survey of gender equality.  Finland figures strongly, particularly with regard to the education of women and the number of ministerial posts they hold.  A total of 135 countries were... Read more

Metso to supply a tissue production line to Chile

Metso will supply a complete tissue production line to CMPC Tissue S.A. of Santiago, Chile, and the line will be started up during 2013. CMPC Tissue S.A. is part of the larger pulp and paper group Empresas CMPC which is a leading tissue products... Read more

Wed, 02 Nov, 2011:

Nokia trials free Wi-Fi for London

Nokia has announced the launch of a free Wi-Fi network in central London on a two-month trial basis. Since Tuesday, 26 hotspots in central London, each based in a phone booth operated by Spectrum Interactive, have gone live, and can be accessed... Read more

UPM develops new composite material

Forest products company UPM is launching a new composite material in which wood fibres replace non-renewable raw material.  The composite can be used for both industrial and consumer manufacturing applications. The new material is made from wood... Read more

Finnish ice hockey tycoon plans first skyscraper in Helsinki

Finnish ice hockey tycoon and businessman Harry “Hjallis” Harkimo is planning to build a skyscraper in Pasila, Helsinki. If the plan goes ahead, the new building will be the tallest building in Finland standing 120 metres high. The cost estimate... Read more

Iittala wins a prestigious international design award

Iiittala Vitriini range, designed by Anu Penttinen, has won a prestigious iF-design award which is awarded by German Industrie Forum Design. It is one of the most highly regarded international design awards. Iittala launched the innovative... Read more

Tue, 01 Nov, 2011:

Wärtsilä powers Saudi Arabian vessels

Wärtsilä has won the contract to supply the engines and propulsion equipment for six new Ro-Ro container vessels being built for NSCSA, the National Shipping Company of Saudi Arabia. The ships are being built at the MIPO shipyard in South Korea,... Read more

Footbalance insoles go on sale in Sweatshop outlets

Sweatshop, the specialist chain of British runners’ shops, has official opted for the Footbalance foot analysis and a custom insole solution. In practice this co-operation means that Sweatshop staff will use the Footbalance technology to select... Read more

The world’s first Angry Birds shop to open in Helsinki

The world’s first Angry Birds shop will open in Helsinki, Finland, in November. The shop will be located in 20,000 square meter megastore in Jatkansaari run by Vekkokauppa.com, which is the second biggest reseller of consumer and entertainment... Read more