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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.

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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.

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02.02.2016 | Inventure looks for growth in Sweden

Finnish venture capital company Inventure has joined startup hub SUP46 in Stockholm.
Source: Good News from Finland

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02.02.2016 | French VC firm Ventech targets Nordics with Finnish expansion

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.
Source: Good News from Finland

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01.02.2016 | Sanoma sells Dutch car classifieds business

Finnish media and learning company Sanoma has sold its Dutch online car classifieds business Autotrader.nl to AutoScout24.
Source: Good News from Finland

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29.01.2016 | Next Games fuels growth with USD 10 million investment

Finnish mobile games developer Next Games has announced it has secured an additional 10 million US-dollar financing round.
Source: Good News from Finland

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22.01.2016 | Ikea invests in the Finnish wind power market

Ikea has signed an acquisition agreement with Swedish wind power company Ox2 for 13 wind turbines in Kemi, northern Finland.
Source: Good News from Finland

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21.01.2016 | Ahlstrom sells its glass fibre business

Finnish fibre-based materials company Ahlstrom is divesting its Building & Wind business unit to US-based insulation, roofing and fibreglass composite producer Owens Corning.
Source: Good News from Finland

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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.

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20.01.2016 | Supercell and Skype founders invest in startups

Finnish gaming millionaires Ilkka Paananen and Mikko Kodisoja from Supercell will start investing in small European growth companies together with Skype co-founder Niklas Zennström. Startups will receive support through Zennström’s venture capital firm Atomico.
Source: Good News from Finland

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19.01.2016 | Microsoft acquires Minecraftedu

American multinational tech giant Microsoft has announced it has bought Teachergaming’s Minecraftedu educational game.
Source: Good News from Finland

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19.01.2016 | Rocsole seeks global growth with major investment

Rocsole, Finnish provider of tomography technology, has received a substantial investment. The funding round was led by Spanish oil and gas leader Repsol.
Source: Good News from Finland

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19.01.2016 | Finland needs foreign companies to boost wood construction sector growth

Increasing use of wood as a construction material is creating new business opportunities in Finland, says Sari Toivonen, Senior Advisor at Invest in Finland.

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19.01.2016 | US-based Acorda to buy Finland’s Biotie

Biotechnology company Acorda Therapeutics wants to buy all of the Finnish Biotie Therapeutics’ issued and outstanding shares, American Depositary Shares, stock options, share units and warrants in Biotie that are not owned by Biotie or any of its subsidiaries.
Source: Good News from Finland

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18.01.2016 | Open source innovator Vaadin raises USD 6 million in funding 

Finland based open source company Vaadin has raised six million dollars in investment from Eequity and Finnish Industry Investment. Vaadin’s user-interface tools are used in 40 per cent of Fortune-100 companies and by over 150 000 developers worldwide.
Source: Good News from Finland

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15.01.2016 | The most remarkable project on optical measurement technologies in Finland has started

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 Terävä 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.

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14.01.2016 | Floor of the future: Finnish innovation cuts the cost of multi-storey wood construction

In the spring of 2104, A-Insinöörit and Metsä 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.

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28.12.2015 | Construction of Helsinki’s Wood City kicks off in the spring of 2016

Construction of Wood City in Jätkäsaari, Helsinki, is expected to begin in the spring of 2016. The site will include Finland’s tallest wood construction, a landmark 8-storey wood office building.

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18.12.2015 | Finnish government is promoting timber construction

The promotion of timber construction is anchored in the government’s 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.

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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."

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10.12.2015 | Hetzner constructs a data center park in Tuusula, Finland

Press release

Hetzner Online GmbH, a German provider of data centre services, is investing in a new data center park in Tuusula, Finland. The project is scheduled to start in the spring of 2016.

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12.11.2015 | Telefónica offers Finnish startups a route to global markets

Press release 12.11.2015: Telefónica 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.

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12.11.2015 | Finns’ excellent English speaks volumes for society

The 2015 EF English Proficiency Index has ranked Finland fifth out of 70 countries worldwide.

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09.11.2015 | Reforged Studios raises USD 2.5M from major Chinese investor

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.

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28.10.2015 | UK-based Telecity opens another data centre in Helsinki

British data centre specialist Telecity Group has opened its sixth data centre facility in the capital of Finland. The new facility in Helsinki has been opened as part of Telecity’s ongoing expansion programme across Europe.

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23.10.2015 | Finland opens its 5G test networks for companies’ R&D needs

The 5G Test Network Finland, coordinated by VTT Technical Research Centre of Finland, interconnects with 5thGear programme’s 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.

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23.10.2015 | Unique test lab for health development opened in Finland

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.

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20.10.2015 | Meet us at Slush to learn about investment and R&D opportunities in Finland

Invest in Finland will attend Slush together with other Team Finland organisations to promote various opportunities in Finland for foreign investors and companies. Live on November 11–12, Slush has rapidly grown as one of the biggest start-up events globally, and is a perfect place to learn more about Finnish offering.

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20.10.2015 | Finland to establish first Arctic testing ecosystem for intelligent transport

The major trends of the digital revolution such as automation, electrification and mobility as a service will in the near future shake the foundations of the transport sector. An internationally unique information-based testing area and competence centre for intelligent transport automation will be established in Fell Lapland.

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16.10.2015 | Brand Finland one of the world’s strongest

According to UK research company Brand Finance, Finland’s nation brand is the fourth strongest worldwide.

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13.10.2015 | ABB Finland opens a test laboratory for the maritime industry in Helsinki

ABB Finland is investing in a new test laboratory for maritime industry solutions and systems in Helsinki. The laboratory will serve the company’s maritime industry business research and product development, and will be located next to ABB’s Azipod® propeller system factory in Vuosaari. The reasons behind the significant investment are the strong growth of ABB Finland’s business in the maritime industry and the need to test major steering and monitoring systems in the company’s own premises.

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09.10.2015 | LG opens new R&D centre in Finland

LG Electronics has opened its latest R&D centre in Turku, Finland

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05.10.2015 | The Promised Land of Data Centres

Finland is a country with several advantages if you were to open a new data centre. A stable political and economic environment, cool climate and secure supply of electricity have already appealed to many international companies.

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05.10.2015 | Sonera to establish Finland’s largest open data center

Sonera aims to attract an ecosystem of new business around its new state-of-the-art data centerin Helsinki.

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30.09.2015 | Finland – a global hotspot for smart mobility

With numerous companies offering cutting edge solutions and seamless cooperation between public and private organisations, Finland is known as a global leader in smart mobility.

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28.09.2015 | Swedish property software specialist Incit expands to Finland

Swedish real estate software developer Incit AB is strengthening its Nordic reach with a new office in Finnish capital Helsinki.

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17.09.2015 | International investments in Finnish companies on the increase

The Finnish Venture Capital Association has published statistics on the activity of private equity investors in January–June. A total of 636 million euros was invested in Finnish companies through 157 transactions. The corresponding figure in 2014 was 270 million euros.

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07.09.2015 | Low tax rate attracts merging Konecranes Terex to place headquarters in Finland

Finnish crane and lifting equipment maker Konecranes has announced its intention to merge in an all-stock merger with Terex, an American manufacturer of heavy equipment for a wide range of different business sectors.

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04.09.2015 | E-commerce giant hires passionate programmers in Helsinki

Online fashion retailer Zalando launched its new tech unit in Helsinki at the end of August, as announced earlier this year. The Helsinki unit starts with a dozen people but may employ as many as 200 in a couple of years.

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28.08.2015 | Major investments highlight confidence in Finland’s tourism sector

The Finnish Hospitality Association predicts investments worth EUR 1 billion over the next five years.

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25.08.2015 | Yoogaia receives 3-million-dollar funding

The online yoga studio Yoogaia has received three million US dollars in seed funding from Nokia Growth Partners, Inventure, Sanoma Ventures and Point Nine Capital. The funding will support Yoogaia’s global expansion and help the company recruit more instructors.

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25.08.2015 | Helsinki real estate popular target for investment

According to Newsec, the largest specialized commercial property firm in Northern Europe, Helsinki’s real estate is becoming increasingly interesting for investment from both Finland and abroad.

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22.07.2015 | Lamor cleans oil spills from the jungles to the Arctic

Despite all the precautions and the best of intentions, sometimes accidents happen. If your accident is knocking over a glass of milk there is nothing to cry about. If your accident is an oil spill in a pristine environment, then tears would not be out of place.

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14.07.2015 | Ministry of Games secures major investors before launch

It speaks volumes for the gaming talent in Finland that you don’t need to have a game ready to attract international backing. This is the case for mobile game developer Ministry of Games, which has become the new talk of the town.

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13.07.2015 | Finland tops WEF’s list of most innovative countries

Finland is the most innovative country in the world, according to the Global Competitiveness Report 2014-2015 of the World Economic Forum (WEF). Finland is followed by Switzerland and Israel.

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26.06.2015 | Aiber Networks builds a high security data center to Tampere, Finland

Aiber Networks is a new Finnish-Israeli start-up company that has signed an agreement with the city of Tampere in Finland on building a new world class high security data center to a former military grade underground cave in the Tampere city’s Härmälä district.

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10.06.2015 | EUR 1.8 million financing kick starts Asqella’s imaging technology

Internal theft is one the major causes for loss in retail. But not for long, if you ask Finnish technology company Asqella.

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25.05.2015 | Finland’s lower energy tax for data centres is attracting Swedish companies

Swedish company KnCMiner says it can save millions of euros by locating its next data cantres in Finland.

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20.05.2015 | Finland ranked among best EU countries for mHealth business

Finnish patients seek health information online and make more online appointments than their European peers.

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19.05.2015 | Continental to Buy Finnish Elektrobit Software Unit for 600 Million Euros

Automotive electronics are a major part of Hanover, Germany-based Continental’s strategy to increase annual revenue by at least 45 percent by the end of the decade.

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05.05.2015 | Power Engineers boosts renewable energy drive with Finnish expansion

Engineering consulting services firm Power Engineers has been managing projects worldwide since it began in a small town in 1976. Now the US company is strengthening its European presence by investing in a growing subsidiary in Finland.

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28.04.2015 | Finland offers growth prospects for tourism

International tourism is growing at a fast pace. The United Nations’ World Tourism Organization UNWTO has estimated that the number of trips with at least one overnight stay will reach 1.8 billion by 2030 (1.1 billion trips in 2013). The departure countries exhibiting the greatest growth are Asian and emerging countries. Finland is in a good position to attract Asian tourists, thanks to its offering that meshes well with their tastes.

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28.04.2015 | Bayer invests an annual EUR 60 million in Finnish research

Following its launch, more than 32 million of Bayer’s best-known product, the hormone-releasing intrauterine system Mirena, have been sold.

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14.04.2015 | Indian app developer GeoTech targets Europe via Finland

Indian software development company Geo Tech has been working with Scandinavian customers since 2008. Now with business booming the company has taken the next step: opening its first European operations in Helsinki, Finland.

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01.04.2015 | Turku shipyard set for major improvements

Turku’s shipyards are set to undergo major renovations with German family company Meyer.

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19.03.2015 | Supercell tops the list of world's biggest gaming companies

App Annie has published a list of world's biggest game companies who made the most turnover in 2014 in Apple's iOS and Google Play, with Finnish-based Supercell leading the pack.

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19.03.2015 | International investments in Finland increase for the second consecutive year

Foreign direct investment (FDI) increased slightly in Finland during 2014 compared to the previous year. According to statistics compiled by Invest in Finland, which operates as part of Finpro, 229 new foreign-owned companies came to Finland in 2014 compared to 213 companies in 2013. 2014 was a challenging year for FDI due to the fragile economic situation globally and in Europe as well as the uncertainty created by the crisis in the Ukraine and the sanctions against Russia.

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18.03.2015 | International holiday house network expands to Finland

After last week’s news concerning the launch of new hotels in Helsinki, the focus has shifted to Finland’s lake district with the American-owned holiday rental network Novasol expanding into the Finnish cottage markets. The news was reported by the YLE news site.

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16.03.2015 | Helsinki entices hotel real estate investors

Lately, a spate of interest in Helsinki has been seen among real estate investors involved in the hotel business.

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16.03.2015 | Shark Punch creates a matchmaker for gamers

Finnish startup Shark Punch wants to disrupt the game industry by creating the “Netflix for games”. Investors agree that such service is in demand: the company raised over a million euros in a funding round led by London Venture Partners. Due to the investment, the number of Shark Punch staff will nearly double.

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06.03.2015 | AK-Service Ltd heads west from Helsinki

AK-Service Ltd, Russia’s market leader of onboard service products, wants to make its products travel further. This year the company will open an office in Helsinki, which will serve as a stepping stone into the European market.

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06.03.2015 | Colocation in Finland: Case LiquidNet Ltd

The attractiveness of Nordic countries in terms of data centers have been in the discussion already a while. A naturally cool environment, stable political and geographical conditions lure investors, companies and customers.

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02.03.2015 | Finnis start-up Bttn helps Traditional taxi industry strikes back

France’s leading radio taxi operator launches concierge service with Bttn

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27.02.2015 | Saving lives in Finnish hospitals

Saving lives in Finnish hospitals with a secure cloud and mobile based communication system

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Other market news

Stora Enso’s Sustainability Report Ranked Best in Finland

Stora Enso’s Global Responsibility Performance Report 2014 has won four awards in the independent...

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Greening up the Baltic

Three Finnish Ten-T core ports, Turku, Naantali and Hamina Kotka, are investing EUR 8.1 million in cooperation...

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Aalto University researchers successful in the competition for ERC funding

Aalto has succeeded exceedingly well in obtaining funding from the EU

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Post-Nokia, Angry Birds, Finland’s tech scene is thriving

Finland might not be the biggest or best known country in Europe, but it's been behind two of recent...

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Engineered infiltration systems for urban stormwater quality and quantity

The StormFilter-project, led by VTT Technical Research Centre of Finland, generates clean technologies...

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Start-up that links employers with job seekers comes of age

In Summary Fuzu.com uses an automated algorithm to match job applicants with potential employers based...

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THE GRIMALDI GROUP FURTHER INVESTS IN FINNLINES

THE GRIMALDI GROUP FURTHER INVESTS IN FINNLINES Naples, 15th October 2015: Last 9th October, Grimaldi...

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Nokia’s Fall Means The Rise Of Startups In Finland

Dennis Mitzner lives in Tel Aviv and writes about startups and technology

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Six reasons for Finland’s record start-up success: Clash of Clans maker Supercell reveals...

Founder of world’s No.1 mobile game developer says Nordic country’s can-do corporate culture just...

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Global Review: countries with the most and least gender equality

The gap between genders still remains a contentious issue.

Read more »

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