Archive

Headlines

Mon, 28 Feb, 2011:

Software to produce personalized solutions for brain injuries

VTT (Technical Research Centre of Finland) is co-ordinating an EU project using software to optimize the care brain injury victims receive. Every year more than 20,000 Finns suffer brain injury and the nature of those injuries is individual. ... Read more

Turbo pellet production in Tammela, Häme

The Tammela-based company Leijonapelletti Oy is to begin producing so called turbo pellets using a new technology, according to YLE.  Production will start in the Summer of 2011. In addition to traditional wood, the raw material used for the... Read more

Fri, 25 Feb, 2011:

Move for stronger trade ties between Finland and Kazakhstan

The Minister for Foreign Affairs Paavo Väyrynen has been in discussions with Deputy Prime Minister Aset Issekeshev of Kazakhstan on the topic of economic co-operation.  The two ministers met on Wednesday at the sixth meeting of the Joint... Read more

Vaahto deals with Dubai and Korea

Lahti-based Vaahto Pulp & Paper Machinery has won significant orders from Dubai and Korea. Union Paper Mills in Dubai has placed an order for delivery of spray-sizing technology and a general refurbishment of its PM2 using various components to... Read more

UPM Raflatac to expand in Brazil

UPM Raflatac is to acquire Gumtac, the Brazilian labelstock coating and slitting business in Brazil.  Part of the BIC Group, the  production plant is located in Rio de Janeiro and employs approximately 35 people. – In recent years UPM Raflatac... Read more

Thu, 24 Feb, 2011:

Technology helps keep hands clean

Ekahau has developed a system for monitoring hand washing over Wi-Fi networks to help prevent the spread of hospital acquired infections. Ekahau’s realtime location tracking technology keeps tabs on staff and their interactions with patients. By... Read more

Grey Area secures 1.9 million in funding and aims at global markets

Helsinki-based smartphone game developer Grey Area has raised a 1.9 million euro ($2,5 million) round of financing from a syndicate of games industry investors comprising Index Ventures, London Venture Partners and Initial Capital. – Mobile... Read more

ABB in Finland wins order worth more than 40 million euros to supply systems for Norwegian cruise ship

ABB has won an order worth over 40 million euros to provide power and propulsion systems for two cruise ships to be built for the Norwegian Cruise Line. The ships will be built by the Meyer Werft yard in Papenburg, Germany and they are due to be... Read more

Wed, 23 Feb, 2011:

Caviar production is becoming a significant business in Eastern Finland

Sturgeon farming and caviar production is turning into a growth business in Eastern Finland.  In addition to the Carelian Caviar sturgeon fishery already operating in Varkaus, the Caviar Empirik Oy fishery is starting up in Ilomantsi. In... Read more

Recognition for Finnish documentaries at Berlin Film Festival

The Finnish-Lithuanian production Barzakh has been awarded the Amnesty International prize at the Berlin International Film Festival.  The film was also awarded a special commendation by the jury. Premiering in the Panorama Dokumente category of... Read more

GigsWiz shakes up music ticketing with US expansion

GigsWiz, the direct-to-fan ticketing service, which officially rolled out in the UK last month is trying to crack the United States. It saw its US launch last week at the future of music conference, New Music Seminar. GigsWiz helps artists... Read more

Tue, 22 Feb, 2011:

Picosun targets the Indian markets through distribution agreements

Picosun Oy, designers and manufacturers of Atomic Layer Deposition (ALD) systems are making significant breakthroughs in India’s booming clean technology markets along with other high profile Finnish high-tech companies. Environmental business... Read more

Nokia aims for quick production of cheaper smartphones

Nokia has promised the speedy arrival of cheaper smartphones based on Microsoft’s Windows Phone 7 operating system. Nokia CEO Stephen Elop told Finnish business journalists that the handset maker would produce inexpensive Windows Phone handsets... Read more

Finland wants to lead the world in biodiesel production

Minister of Employment and the Economy Mauri Pekkarinen believes Finland has excellent opportunities to become the global leader in biofuel production. – In Finland, the share of biofuels used in traffic will rise to 20 percent by 2020 compared... Read more

Mon, 21 Feb, 2011:

Gender equality reaches the top of the boardroom

The first woman in Finland to chair the board of a large Finnish company is expected to be nominated at the end of March. That’s when energy utility Fortnum holds its annual general meeting and Sari Baldauf looks set to be named Chairwoman of... Read more

Helsinki is the world's sixth best city to live in

Helsinki ranked sixth on the Economist Intelligence Unit's global liveability survey, which assesses the world’s most liveable cities. Helsinki was the only Nordic country to rank among the world top liveable cities. The survey assessed living... Read more

Programme proposals flood in to World Design Capital Helsinki

The programme proposal process for World Design Capital Helsinki that opened last October and closed on February 11th has proved to be a great success.  More than one thousand proposals were received, many of which featured several... Read more

STX Rauma shipyard to build fisheries research vessel for Namibia

STX Finland is to be build a fisheries research vessel for the Namibian Ministry of Fisheries and Marine Resources. The order is worth in the region of 35 million euros and the vessel will be built by STX’s Rauma yard.  It will be handed over in... Read more

Fri, 18 Feb, 2011:

Outotec invests in phosphorus recycling technology

Outotec has strengthened its portfolio of environmental technologies by acquiring the technologies, trademarks and patents of the Austrian company ASH DEC Umwelt AG. A process developed by ASH DEC extracts recycled phosphorus fertilizer from ash... Read more

Angry Birds victorious in Barcelona

Angry Birds from games producer Rovio has been reaping the honours at the Global Mobile Awards in Barcelona.  The game took home the best mobile app award as well as the best mobile app on the Apple platform. The judges described this global hit... Read more

Thu, 17 Feb, 2011:

Raisio buys British Big Bear Group

Finnish food group Raisio has snapped up UK-based Big Bear Group for 95.3 million euros.   Raisio, which owns the cholesterol-busting Benecol brand, said the deal would give it a stronger foothold in the branded snack and breakfast markets in... Read more

Finnish Meteorological Institute instrument in NASA project

On Tuesday February 15th at 06:40 hours Finnish time, NASA’s Stardust spacecraft passed by Comet Tempel-1. The spacecraft is carrying the Finnish Meteorological Institute's dust analyser which gathered samples as it passed the comet. The dust... Read more

Light-activated therapy developed by Helsinki University prevents spread of cancer through metastases

A light-activated method has been developed at the University of Helsinki that can slow the spread of cancer. With photodynamic therapy (PDT), a light-activated drug is injected into the target cells after which the tissue is exposed to a... Read more

Wed, 16 Feb, 2011:

Possible double–degree in China for Aalto University students

Aalto University has agreed with the Tongji University on a double-degree within the IDBM programme which will allow students to earn degrees from both universities. Under the terms of the agreement it is hoped to begin offering double-degree... Read more

Tieto and Ubisecure develop electronic authentication for banking services

Tieto and Ubisecure provide companies with solutions enabling web authentication transcending organizational boundaries and enhancing the usability and security of networked services. The collaboration focuses primarily on projects in the... Read more

Tue, 15 Feb, 2011:

Kaija Saariaho’s opera L’Amour de Loin wins Grammy

L’Amour de Loin, by Finnish composer Kaija Saariaho, has been named Best Opera Recording in the US Grammy awards.  The opera was recorded by the Deutsches Symphonie-Orchester Berlin under the direction of Kent Nagano. The first performance of... Read more

Tekla gives away free application for those in construction

Tekla, developers of 3-D modelling software, is publishing its BIMsight web application for contractors, architects, designers and manufacturers to handle various 3-D models and integrate them into a single project. – Tekla BIMsight covers every... Read more

Mon, 14 Feb, 2011:

Lemminkäinen to build two thousand homes in the centre of St. Petersburg

Lemminkäinen has signed an agreement with Lipsanen & Co. Group on the implementation of an extensive residential construction project on the Vasilievsky island in the centre of St. Petersburg.  The total value of the project is around 400... Read more

Nokia to co-operate with Microsoft

Mobile phone manufacturer Nokia announced today it will start co-operation with Microsoft. Windows will become Nokia’s primary smartphone platform.  With the strategic partnership, the new platform gets the name of Nokia Windows Phone. Under the... Read more

Fri, 11 Feb, 2011:

Ethanol also used to power heavy vehicles

The use of bioethanol diesel fuel is expanding from passenger cars to heavy vehicles.  The RED95 ethanol diesel project, which forms part of the TransEco research programme, will evaluate the environmental impact and fuel consumption of... Read more

Finnish exports show a strong upturn in 2010

The value of Finland’s exports in 2010 grew 16 percent over the previous year.  The growth in imports from 2009 was 18 percent, according to figures just released by the Finnish Customs. The value of Finland’s exports last year was 52.3 thousand... Read more

Recycled sail canvas bag uses solar power to charge mobile phones

No need to worry about your mobile running out of charge while you’re out at sea as Nummi-based Globe Hope has launched a sail canvas bag complete with a solar charging system. Sifti shoulder bags are made by hand from recycled sails used in the... Read more

Thu, 10 Feb, 2011:

Marriott announces first hotel in Finland

Marriott International is planning to open its first hotel in Finland. The 18-storey, 272-room hotel is scheduled to open in 2013. The hotel will be located in the Westend district of Espoo -  a ten minute drive from the centre of Helsinki and... Read more

Pöyry wins 144 million euro consultancy deal with Brazil

Pöyry has signed an agreement with the Brazilian concern MWV Rigesa in the state of Santa Catarina, Brazil for consultancy and project management services relating to the expansion of the Três Barras mill.  The deal is worth in the region of 144... Read more

New process for making flexible nano componentry circuits

Professors Esko I. Kauppinen from the Aalto University and Yutaka Ohno from Nagoya University with their research team have developed a process for the inexpensive  manufacturing of light, flexible electronic components.  Such components are... Read more

Wed, 09 Feb, 2011:

Finnish economy looks set to continue swift growth in 2011

Across a wide range of industries, Finnish firms say demands for their products are starting to pick up and they are predicting higher sales and operating profit for 2011. The optimism coincides with a revised GDP growth forecast by OP-Pohjola... Read more

Finnish chemical research is world-class

Chemical research in Finland is of a high standard and some of its research facilities represent the very top of their field at an international level.  Chemical research covers all the central sub-fields and also serves the needs of industry... Read more

Valtra’s Ants is the smart tractor of the future

Sixty-year-old tractor manufacturer Valtra presented its concept of the workhorse of the future. The idea behind the model is that most hardworking of insects, the ant, from which the Ants tractor gets its name. Still a scale-model concept... Read more

Tue, 08 Feb, 2011:

Finnish cleantech companies in Nordic competition final

Seven Finnish cleantech companies are among the 25 finalists in the Nordic Cleantech Open competition.  This Nordic competition is intended to promote the internationalization efforts of new environmental companies. Among the finalists are... Read more

Marimekko expands distribution in United States

Marimekko is extending its collaboration with home furnishings retailer Crate and Barrel in the United States. Under the contract signed last week, Crate and Barrel plans to open 22 new Marimekko shop-in-shops by the end of 2013. Crate and... Read more

Mon, 07 Feb, 2011:

Sauna has export potential

A recent survey predicts that the sauna business will grow and become increasingly international.  Businesses in this area believe people want to invest in their well-being and in the interiors of their homes, in line with prevailing trends. The... Read more

Presidential awards for music exports, mobile phone cases and energy solutions

President of the Republic, Tarja Halonen, has granted the 2010 internationalization awards to Golla, a bag manufacturer for mobile devices, to The Switch, a supplier of permanent magnet generator and full-power converter packages for wind and... Read more

Fri, 04 Feb, 2011:

Finland gives less in corporate subsidies than its European competitors

The volume of corporate subsidies in Finland is significantly less than that in most of its competing countries.  Compared with their GDP or the number of inhabitants, countries such as Sweden, Denmark, Germany and France spend more than Finland... Read more

Finland among Europe’s leaders in innovation

Finland is one of Europe’s four leading countries when it comes to innovation, according to a European Commission Innovation Scoreboard.  Innovation performance in Finland, Germany, Denmark and in the top-scoring country Sweden is well above the... Read more

Thu, 03 Feb, 2011:

UPM develops new, flexible plywood

UPM has developed a new way of producing layered composites the first of which is a formable plywood.  UPM has applied for a patent for this new technology. With this new technology, plywood can be formed after manufacturing, thanks to the... Read more

Metso technology is a hit in Brazil as well

Metso continues its run of news of major deals.  The company will supply a new recovery boiler and evaporation plant for Eldorado Celulose e Papel S.A.’s new pulp mill in Brazil. The recovery boiler will be the largest on the continent with a... Read more

Wed, 02 Feb, 2011:

Two Finnish companies among Red Herring winners

Two Finnish companies have been picked by the prestigious US business journal Red Herring for its Global 100 list of most promising IT companies.  The annual list for this year included the Oulu-based Pancomp International who develop solutions... Read more

Cargotec buys American Navis software house

Cargotec is expanding its terminal operator services with the acquisition of terminal operator systems (TOS) provider Navis from Zebra Technologies Corporation in the United States. The deal is worth in the region of 190 million US dollars or... Read more

Tue, 01 Feb, 2011:

Angry Birds to conquer film

Twentieth Century Fox, the Hollywood studio, and Finnish game company Rovio Mobile Oy have agreed a partnership that will see Rovio launch a new version of their game to coincide with the March release of the 3D animated film Rio. The new game... Read more

Four Finnish companies on Global 100 list

Kesko, Nokia, Neste Oil and Stora Enso have reached the list of the Global 100 Most Sustainable Corporations.  The list was published last week in Davos, Switzerland and the World Economic Forum. Of the Finnish companies, Neste Oil had improved... Read more

SRV begins construction work on the Pearl Plaza shopping centre in St. Petersburg

Pearl Plaza LLC, the joint venture of SRV and Shanghai Industrial Investment (Holdings) Co Ltd, has concluded the investment decision on construction of the first phase of the shopping centre in Saint Petersburg. The investment is worth about... Read more