VTT Technical Research Center of Finland will build up a research and development environment for industrial 5G network. One of the first 5G testbeds in the world, the environment provides companies an opportunity to develop and test new Industrial Internet solutions.
Four new energy efficiency agreements will begin next year in Finland for the period 2017‚Äď2025.
Finpro, which promotes the exports of Finnish SMEs, and the British company Angels Unleashed are establishing the Finland First accelerator, which will assist Finnish startups in entering the UK and Indian markets.
11.05.2016 | Finpro and Angels Unleashed help launch ‚ÄúFinland First‚ÄĚ business accelerator program
Finland First is a business accelerator program aimed at helping Finnish startups in the IOT, Fintech and Smart Cities sectors to get a foothold in the UK and India. The program is operated by UK-based Angels Unleashed and Finpro has contributed to defining the program operating model.
New submarine data cable provides a low latency link between data centers in Central and Northern Europe
09.05.2016 | Investments in Finland on the rise
The number of investment projects landing in Finland grew by 23 per cent in 2015.
06.05.2016 | Humana expands into Finland after acquiring Arjessa
Swedish care company Humana AB has announced its acquisition of Finnish psychosocial care provider Arjessa.
Unique project recycles cuts carbon dioxide emissions and enhances sustainability in data center plants
Jolla, Finnish mobile technology company and developer of open mobile operating system Sailfish OS, has raised in total 10 million euros in funding from international investors.
There is a new rising star on the Finnish mobile gaming map. Armada Interactive is barely nine-months old, but has already raised three million dollars in seed financing to finalise its secretive gaming project.
Chinese Wuxi Lead Intelligent Equipment acquires Finland-based production automation and testing solutions company Jot Automation.
15.04.2016 | Wolt expands its reach after raising EUR 10 million
Finnish startup Wolt has closed a 10 million-euro funding round, led by European VC fund EQT Ventures.
The number of new foreign-owned companies in Finland increased to 265 last year. Nearly 200 companies chose Helsinki area as their location.
In 2015, foreign direct investments (FDI) in Finland again grew slightly compared to the previous year. According to statistics compiled by Finpro‚Äôs Invest in Finland unit, 265 new foreign-owned companies set up business Finland in 2015, compared to 229 in 2014. In addition, the foreign-owned companies already operating in Finland made more than 230 expansion or follow-on investment decisions to their businesses in Finland.
Swedish windows and doors supplier Inwido has signed an agreement with V√§rmelux Oy, which owns and runs its window and door business under the brand name L√§mp√∂lux.
India-based Mahindra & Mahindra acquires 35 per cent equity stake in Finnish harvester company Sampo-Rosenlew.
22.03.2016 | Wirepas secures EUR 1.5 million funding
Finnish device connectivity provider Wirepas has raised an additional 1.5 million euros in Series A funding from Vito Ventures and Inventure.
The Austrian Binderholtz Group invests in two sawmills in Lieksa and Nurmes
Finland has been identified as the biggest contributor to global innovation in the world. A new study by Information Technology and Innovation Foundation ranked 56 countries based on 27 different factors reflecting the way their economic and trade policies contribute to and detract from innovation globally.
Finnish energy company St1 has made an investment decision to construct a geothermal heat pilot plant in Otaniemi, Finland. St1 Deep Heat Oy has made an investment decision to construct a geothermal heat pilot plant in Otaniemi, Espoo. The plan is to start drilling the wells reaching down to a depth of seven kilometres in late March or early April.
The core of Mets√§ Group's bioproduct mill, under construction in √Ą√§nekoski, lies in the world's most efficient pulp mill, with an annual capacity of 1.3 million tonnes. Expanding this core with the production of numerous new bioproducts is a leading principle behind Mets√§ Group‚Äôs bioproduct concept. The development of the bioproduct concept has now advanced to the stage of the first implementation decisions.
09.02.2016 | Finland attracts global VC to setup in the Nordics
In recent years the Nordic region has gained a veritable reputation as a hotbed for innovative startups. This reputation has now attracted also the first international venture capital (VC) company to set up office in Finland.
04.02.2016 | Finland is the greenest country in the world
According to the environmental performance index 2016, Finland is the greenest country in the world. Finland is followed by Iceland, Sweden, Denmark and Slovenia.
21.01.2016 | New Finnish districts develop a green perspective
While much of the buzz surrounding smart innovations focuses on emerging startups, Finnish cities are also rolling up their sleeves, creating a number of new districts that draw on ecologically sound approaches.
Finnish Funding Agency for Innovation, Tekes is funding so far the biggest joint project on optical measurement in Finland. The research parties are Valmet Automation, VTT and Tampere University of Technology with several small and medium size companies. The Ter√§v√§ project parties are motivated by the potential new business areas especially around quality controlling for web-like products as well as within medical, food, packaging and electronics industries.
14.01.2016 | Floor of the future: Finnish innovation cuts the cost of multi-storey wood construction
In the spring of 2104, A-Insin√∂√∂rit and Mets√§ Wood began developing a new intermediate floor solution that would require no floating floor. Before that, no-one in Finland had built a wooden intermediate floor without also including a floating floor. The development project was a success, with the new intermediate floor design meeting key requirements for soundproofing and structural integrity. The new floor also enabled builders to utilize the same flooring materials as used in precast housing construction.
Construction of Wood City in J√§tk√§saari, Helsinki, is expected to begin in the spring of 2016. The site will include Finland‚Äôs tallest wood construction, a landmark 8-storey wood office building.
18.12.2015 | Finnish government is promoting timber construction
The promotion of timber construction is anchored in the government‚Äôs bioeconomy strategy, which aims at making Finland the world leader in the bio and circular economy and clean solutions, says Kimmo Tiilikainen, Minister of Agriculture and the Environment.
17.12.2015 | Minister of Economic Affairs Olli Rehn: Government dismantles obstacles to wood construction
"Even though due to Finland's economic situation the government has had to reduce public R&D funding in some areas, by focusing funding more clearly on bioeconomics we can diversify the use of wood through new investments, particularly in the R&D sector."
Press release 12.11.2015: Telef√≥nica Open Future and Team Finland have signed a cooperation agreement that enables Finnish startups to access global markets. The agreement provides funding and coaching opportunities, and opens a route especially to the Latin American market. During the initial phase, the project is looking for companies with core know-how in learning technology, game technology and the internet of things.
The 2015 EF English Proficiency Index has ranked Finland fifth out of 70 countries worldwide.
It is not every day a mobile gaming company lands a million euro investment just months after launch. But this is exactly what the experienced team behind Helsinki-based Reforged Studios has achieved.
The 5G Test Network Finland, coordinated by VTT Technical Research Centre of Finland, interconnects with 5thGear programme‚Äôs test networks which are funded by Tekes, Finnish funding agency for innovation. This test environment will provide industry, SMEs and startups their first taste of 5G mobile technology functionalities well before 5G becomes commercially available.
Oulu University Hospital (OYS) has opened a new test laboratory in Oulu, Northern Finland. The Testlab is one-of-a-kind on a global scale: the innovations and products can be tested through the entire service chain from a private home all the way to health centres and hospitals.
ABB Finland is investing in a new test laboratory for maritime industry solutions and systems in Helsinki. The laboratory will serve the company‚Äôs maritime industry business research and product development, and will be located next to ABB‚Äôs Azipod¬ģ propeller system factory in Vuosaari. The reasons behind the significant investment are the strong growth of ABB Finland‚Äôs business in the maritime industry and the need to test major steering and monitoring systems in the company‚Äôs own premises.
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