Archive

Headlines

Fri, 30 Mar, 2012:

Picosun and Singaporean electronics institute start cooperation

The atomic layer deposition (ALD) equipment manufacturer Picosun and the Singapore-based Institute of Microelectronics have announced a partnership to develop advanced coating techniques for electronics and solar energy products, among others.... Read more

Metso signs service contract with Northland

Metso has signed a major contract with Northland Resources of Luxembourg to service, maintain and inspect its Kaunisvaara iron ore processing plant in northern Sweden. The contract complements a previous equipment and mill lining services order,... Read more

Thu, 29 Mar, 2012:

Halton’s indoor climate solution for Bucharest skyscraper

Halton, which specialises in indoor climate services for buildings, is delivering an indoor climate solution for a new 37-storey skyscraper in Romania’s capital, Bucharest. Halton’s solution for the building is based on energy-efficient... Read more

Eniram software slashes fuel costs at sea

Eniram says its latest software tool can save ship operators up to three per cent a year in fuel costs. The company’s Optimum Speed Assistant (OSA) matches real-time data about current sea conditions with historical information about a vessel's... Read more

Nokia launches its first smartphone to Chinese markets

Nokia and China Telecom have launched its smartphone Nokia 800C to China, the world’s largest smartphone market. The phones will go on sale in April, and the phones without the contract will cost around RMB 3599. China Telecom and Nokia will... Read more

Wed, 28 Mar, 2012:

Pöyry assists Canadian cellulose plant in reducing emissions

Pöyry has been awarded the engineering and procurement service contract for a project aimed at minimising the sulfur dioxide emissions of Canadian company Tembec’s specialty cellulose plant. The contract is valued at CAD 7.2 million (EUR 5.5... Read more

Finnish e-commerce tops 10 billion euros

Online shopping is growing fast in Finland with consumers spending 10.1 billion euros from e-stores in 2011 compared to 9.4 billion euros the year before. Travel products and services were the most popular purchases worth 3.6 billion euros. ... Read more

Fazer strengthens its position in Swedish catering sector

Fazer Group is strengthening its position in Swedish catering markets by buying Scandinavian Facility Management AB (SFAB) which specialises in food solutions for the public sector, healthcare, senior care and defence forces. The company has... Read more

Tue, 27 Mar, 2012:

Microsoft and Nokia to invest millions in Aalto AppCampus

Microsoft and Nokia are planning to invest up to 18 million euros in a new mobile application development programme at Aalto University. The AppCampus programme has been set up to foster the creation of applications for the Windows Phone... Read more

YIT building system technology for German logistics centre

YIT has concluded an agreement worth more than EUR 11 million with German company Edeka Südbayern. The agreement involves the delivery of building system technology for grocery cooperative Edeka’s central warehouse under construction in... Read more

Huhtamäki buys a major packaging supplier in Hong Kong

Huhtamäki, a leading manufacturer of consumer and specialty packaging, is acquiring a major packaging supplier Josco headquartered in Hong Kong. Josco is a manufacturer and distributor of paper and plastic disposable packaging products with... Read more

Mon, 26 Mar, 2012:

Angry Birds strikes a deal with Walmart in US

Rovio, the parent company of Angry Birds, has struck a deal with Walmart, the largest retail chain in the US, and one of the biggest supermarket chains in the world. Walmart is offering special edition t-shirts, plush toys, and even specially... Read more

Grand Cru raises $2 million for supernauts

Helsinki-based Grand Cru Games has secured $2 million in seed financing to develop cross-platform mobile adventure games.     The company has also announced that the first game title it is working on is called The Supernauts.   The funding comes... Read more

Fri, 23 Mar, 2012:

Finnair tests Valkee headset to beat jetlag

To help passengers combat jet lag, Finnair is set to become the first ever airline to offer bright light headsets on board its flights. A one-month pilot project will test the benefits of Finnish-designed device, Valkee, for passengers on long... Read more

Fortum’s materials to purify radioactive liquids in Fukushima nuclear plant

Fortum’s technology is going to be used to purify radioactive liquids in Fukushima Dai-ichi power plant in Japan. Fortum is the key ion exchange media supplier to EnergySolutions LLC for a project to decontaminate water from the damaged nuclear... Read more

Thu, 22 Mar, 2012:

Record-high tourism to Finland in summer 2011

Between May and October 2011, a total of 4.3 million travellers from abroad visited Finland, representing an increase of nearly one fifth over the previous summer season. Tourists from abroad spent more than 1.2 billion euros, which is slightly... Read more

Cargotec considers floating marine unit in Singapore

Cargotec says it is considering listing its marine unit on the Singapore exchange to strengthen its presence and growth in Asia. It said it would own the majority of Cargotec Marine, which would remain consolidated within the group. Cargotec... Read more

Outokumpu first company certified for sustainable reinforcing steel

Outokumpu has become the first stainless reinforcing steel producer to be granted by CARES a certificate for sustainable reinforcing steel. The award was given to the company’s production unit in Sheffield, UK. According to Outokumpu, stainless... Read more

Wed, 21 Mar, 2012:

Inauguration of Finland’s largest wind turbine in Vaasa

The wind turbine company Mervento’s pilot turbine was inaugurated in the Öjen area in Vaasa, Finland. The turbine, designed for average winds, produces electricity when the wind is blowing at 4–25 metres per second. The 125-metre-high wind... Read more

Stora Enso to build 1.6 billion euro China mill

Finnish paper company Stora Enso plans to build a 1.6 billion euro integrated consumer board and pulp mill in China. Construction at Beihai city in Guangxi, southern China, is expected to begin later this year with production planned to start in... Read more

Encouraging test results for Neste Oil renewable aviation fuel

The refining and marketing company Neste Oil is satisfied with results of renewable aviation fuel trial. Neste Oil and German carrier Lufthansa tested Neste Oil’s renewable aviation fuel on a total of 1,187 flights - both domestic and... Read more

Tue, 20 Mar, 2012:

Kesko and Stora Enso among world’s most ethical companies

The American Ethisphere Institute has named Kesko and Stora Enso in its list of the World’s Most Ethical Companies of 2012. Hundreds of companies representing more than 100 countries and 35 business sectors were included in the comparison.... Read more

Culture sauna revives communal bathing

Building work has begun on the first new public sauna Helsinki has seen in over 50 years. As part of Helsinki’s year as World Design Capital 2012, architect Tuomas Toivonen and designer Nene Tsuboi are building a bathing house for both... Read more

Iittala’s design receives international red dot awards

Design company Iittala has received international design awards for its product designs. The company’s contemporary designs received prestigious red dot awards from the 30-member jury. The awarded products are Allas candleholder by Norwegian... Read more

Mon, 19 Mar, 2012:

Pöyry to develop wastewater treatment in St. Petersburg

Pöyry has concluded an agreement with local contractors ZAO Vodokanalstroy for the engineering of the reconstruction of St. Petersburg’s Northern Wastewater Treatment Plant’s biological section, as well as for its commissioning and training of... Read more

Three Finnish companies among top 20 apps companies in the world

Three Finnish mobile application developers and gaming companies have made it to Flurry’s top 20 list of best global mobile apps. The PS2 Media Group’s Scoopshot, Ovelin’s Wild Chords and Grey Area’s Shadow Cities all made it to prestigious... Read more

YIT snaps up Swedish company

YIT has acquired Dala Elmontage Lindkvist & Bodin with operations in Stockholm and Dalarna, Sweden. The value of the deal was not disclosed. Dala Elmontage, which was formed in 1972, has revenues of around five million euros and about 30... Read more

Fri, 16 Mar, 2012:

Makia and Etnies join forces

The Helsinki streetwear company Makia Clothing and the US-based Etnies, known for its skateboarding shoes, are embarking on an adventure to create a joint apparel and footwear line. The first collection resulting from the alliance, for the... Read more

Nokia developing its own tablet

Nokia is working to develop its own tablet computer to compete with Apple’s iPad. Marko Ahtisaari, the Executive VP of Design at Nokia confirmed this in an interview with Kauppalehti Optio, the magazine run by Finnish Business Daily,... Read more

Japan stages Finnish art and design exhibition

A huge retrospective of Finnish art and design from the nineteenth century to the present is due to open in Japan at the beginning of April.     The exhibition, entitled The Essence of Finnish Design and Culture will tour five cities, starting... Read more

Thu, 15 Mar, 2012:

Mobile technology company Alekstra aiming to Brazilian markets

The Finnish mobile technology company Alekstra is aiming to enter highly competitive Brazilian markets as a virtual operator. According to an Alekstra press release, a recent visit of Finnish government ministers and business delegation to... Read more

Hakema links real estate sellers and buyers

Startup company Hakema has launched a new product which focuses on appointment bookings for real-estate sellers and buyers. It is designed to solve the problem of how buyers make appointments with sellers when people are searching for apartments... Read more

Wed, 14 Mar, 2012:

Alaska to receive Wärtsilä’s dual-fuel power plant

Wärtsilä is set to design and deliver the equipment for a new power plant in Alaska. The order is valued at USD 106 million and has been placed by member-owned co-operative utility Matanuska Electric Association (MEA). MEA chose Wärtsilä based... Read more

Transfluent translates President Obama’s tweets

The translation company Transfluent has gained extensive publicity since it revealed that it is translating USA President Barack Obama’s tweets in Spanish on Twitter at @Obama_es. According to Kauppalehti, the service has gained in couple of... Read more

NSN supplies mobile network for Turkish railway

The Turkish railway administration, T.C. Devlet Demiryolları (TCDD) is working with Nokia Siemens Networks to build a new communications network for the 158 kilometre high speed rail line between Inonu and Kosekoy. This line is the second phase... Read more

Tue, 13 Mar, 2012:

Finnish company concludes agreement with Angry Birds publisher

Kukouri Mobile Entertainment, a mobile games company based in Kotka, Finland, and Chillingo, the publisher of numerous well-known hit games, have formed a partnership. The news was first reported by Kymen Sanomat . According to the newspaper,... Read more

The science fiction comedy Iron Sky sold to more than 70 countries

The Finnish-German-Australian Iron Sky has been sold to more than 70 countries since its premier at the Berlin International Film Festival in February. The Finnish broadcasting corporation YLE reports, that the films Finnish director credits the... Read more

Metso acquires South Korea’s Valstone

Metso has signed a deal to acquire South Korean valve technology company, Valstone Control for an undisclosed sum. The acquisition strengthens Metso’s control valve and service offering for customers in the oil and gas and power industries as... Read more

Mon, 12 Mar, 2012:

Biotie’s alcohol dependence drug shows promise

The biopharmaceutical company Biotie presented the results of studies into its new Selincro drug for the treatment of alcohol dependence at the European Congress of Psychiatry in Prague. The results showed that after six months of treatment with... Read more

Drinks manufacturer Altia plans to expand into Russia

The Finnish state-owned drinks manufacturer Altia is planning to expand into Eastern Europe and Russia, reports The Helsinki Times. According to the paper, the sales of expensive imported drinks are steadily increasing in these markets. — There... Read more

Outotec to build 80 million euro plant in Zambia

Outotec has signed a contract with the Zambia-based mining company Kansanshi Mining for the design and delivery of a gas cleaning system and a sulphuric acid plant. The deal is worth about 80 million euros. The Zambian company operates a large... Read more

Fri, 09 Mar, 2012:

Nokian summer tyres get top marks in German magazine comparisons

The summer tyres manufactured by Nokian Tyres emerged the winners in tyre comparison tests published in the February–March 2012 issues of three popular German car magazines. The winning scores were published in the German magazines Auto Bild ,... Read more

Angry Birds Space announces from space

Rovio Entertainment has made its launch announcement for its new Angry Birds game, Angry Birds Space, from the International Space Station. Speaking from the space station, Flight Engineer Don Pettit of NASA used Angry Birds Space to explain the... Read more

Wärtsilä helps tackle Haiti power shortage

Wärtsilä will help to ease the power shortage in Haiti after winning the contract to supply the generating sets for an extension to an existing power plant in Port-au-Prince. Haiti is still recovering from the devastating earthquake of January... Read more

Finnish invasion to California's Silicon Valley

Finnish start-up companies will next week invade California’s Silicon Valley in the trip named as FinnvasionUSA by the Finnish Foreign Ministry. The trip includes 27 Finnish start-up companies, and is lead by Minister for European Affairs and... Read more

Thu, 08 Mar, 2012:

Wello wave energy converter ready for full-scale deployment

Renewable technology developer Wello's Penguin wave energy converter has been granted permission for full-scale deployment by Marine Scotland after the technology was verified by leading certification body Det Norske Veritas (DNV). The device... Read more

Finland to spend 67 million Euros in humanitarian aid

Finland will spend almost 68 million Euros in humanitarian aid to crisis zones. In accordance with a decision made by Minister for International Development Heidi Hautala, the Foreign Ministry will provide crisis humanitarian aid to Africa,... Read more

Lingosaur wins prestigious ICT award

The online translation agency Lingosaur has been granted the European ICT sector’s innovation award, the European Seal of e-Excellence. The award was presented in Hannover, Germany, at the international CeBIT Fair for the IT industry. Lingosaur,... Read more

Finland tops EU for women in boardroom

Finland has a higher percentage of women on company boards than any other EU country. Last year, some 27 per cent of board room seats were occupied by women, according to new figures released by the European Commission. Latvia and Sweden came in... Read more

Wed, 07 Mar, 2012:

Kone fits UK ship, US station & Chinese plaza

The largest British cruise liner ever will be fitted with Kone escalators. The Finnish elevator and escalator company says it recently signed a contract with the Italian shipbuilder Fincantieri to equip the latest ship ordered by Carnival... Read more

Budget bus company expands its services from Helsinki to Turku and Tampere

Tampere based budget bus company Onnibus is planning to offer bus trips from Helsinki to Tampere and Turku costing only for three Euros. The company is applying for permits to offer services on two new routes, and it is aiming to start new... Read more

Tue, 06 Mar, 2012:

Ruukki’s snow sensor garners international interest

The Smart Roof system, developed by the metal industry company Ruukki, assesses the weight of snow on a roof. The system has been positively received in Finland and is now being exported to other Nordic countries. Most recently, Smart Roof has... Read more

Finnish timber exports rise

Finland’s forest industry exports rose by four per cent last year, and the value of the industry rose two per cent on the previous year to 20.8 billion euros. The growth came in the wood products industry, while the value of pulp and paper... Read more

Valmet Automotive opens brand offices in Detroit and Shanghai

Valmet Automotive, a leading service provider for the automotive industry, is expanding its global presence at quick pace. The company has opened brand offices in Detroit, USA and in Shanghai, China. On Monday, the company also announced that it... Read more

Mon, 05 Mar, 2012:

Industrial park under construction near St.Petersburg promotes eastern trade

An industrial park called Industry Park East Management (IPEM), catering for small and medium-sized Finnish engineering and metal companies, is being established in the vicinity of St. Petersburg. Tekes (the Finnish Funding Agency for Technology... Read more

Metso supplies evaporation plant to Sweden

Metso will supply a new evaporation plant and an upgrade of an existing recovery boiler for Billerud Skärblacka’s mill outside Norrköping in Sweden. The goal is to strengthen the mill for the future by improving environmental performance and... Read more

Kesko recognised for good corporate governance

Kesko, the Finnish supermarket chain, has been awarded a title of “the Best Corporate Governance” in Finland by World Finance Magazine. The magazine’s award is in terms of corporate governance development and reporting. The international... Read more

Fri, 02 Mar, 2012:

Greenhouse gas monitoring organisation to establish headquarters in Finland

The headquarters of the Europe-wide Integrated Carbon Observation System (ICOS) will be located in Finland. The decision was made at an ICOS conference in Paris. ICOS is a network of researchers and research stations set up to monitor the... Read more

Solar power plant chooses Outokumpu stainless steel

Outokumpu is delivering 650 tonnes of stainless steel quarto plates for the construction of a hot nitrate salt storage tank at the Crescent Dunes Solar Energy power plant in Tonapah, Nevada, United States. The salt storage tank is part of a heat... Read more

Finnish paper companies some of the best in the world for transparency

Finnish paper companies are some of the best in the world in regards to environmental transparency. The WWF Environmental Paper Company Index, which rates paper producers on their global ecological footprint, has ranked world’s 19 globally... Read more

Thu, 01 Mar, 2012:

Rovio and Nokia award winners at the Mobile World Congress

Rovio’s Angry Birds game and Nokia’s C3-00 were both awarded prizes at the Mobile World Congress held in Barcelona on February 28th. Angry Birds Rio was named Best Mobile App for Consumers at the Awards Gala while the Nokia C3-00 was named best... Read more

Scientists find new way to make nanomaterials

Researchers at the NanoScience Centre of the University of Jyväskylä and at Harvard University in the United States have discovered a new way to make nanomaterials. Using computer simulations, the researchers have predicted that long and narrow... Read more

The leading Finnish daily adopting a tabloid-size format

The leading Finnish daily newspaper, Helsingin Sanomat, is going to adopt a tabloid-size format next year. The Finnish broadsheet newspaper is following the lead of British and Nordic newspapers, like The Guardian and The Times. According to... Read more