Chinese tissue giant acquires stake in Finnpulp
Hengan International, the largest manufacturer of sanitary napkins in China, has invested 11.7 million euros in Finnpulp, a company preparing a major greenfield softwood pulp mill investment in Kuopio, Finland.
Ahlstrom-Munksjö to acquire paper mill in Brazil
Finnish company Ahlstrom-Munksjö has agreed to acquire MD Papéis’ Caieiras speciality paper mill in Brazil from Formitex Group.
Exel Composites expands into the US
Finnish company Exel Composites has expanded into the US market by acquiring Diversified Structural Composites.
Aalto and VTT funded for new CERES center
Aalto University and VTT Technical Research Centre of Finland are setting up a new bioeconomy competence centre called CERES, which has been selected for Academy of Finland flagship funding.
Record number of foreign companies established in Finland
The number of greenfield investments to Finland and acquisitions by foreign companies hit a new high in 2017.
Tieto strengthens cyber security offering with NSEC
Finnish software and IT company Tieto has signed an agreement to acquire Swedish IT and information security specialist NSEC.
SRKay establishes R&D hub in Finland
Technology investment and innovation consulting firm SRKay Consulting Group has opened an R&D hub in Helsinki.
Helsinki startup ecosystem recognised globally
Helsinki’s startup scene is thriving, especially in artificial intelligence, health and life sciences, and gaming, according to The Global Startup Ecosystem Report 2018.
Bocap boosts Eficode with EUR 6 million
Finnish DevOps company Eficode has received a six million-euro minority investment from private equity firm Bocap, which focuses on Finnish small and medium-sized strong-growth businesses.
Finnish startups attract EUR 349 million
Investments made into Finnish startups and early-stage growth companies hit a new record high in 2017.