Finland foreign investment

Finland continues to attract foreign investment

Finland continues to attract foreign investment as almost 300 foreign companies entered and 130 expanded in Finland during 2020, despite the pandemic. Especially business services and ICT industry received investments. The number of foreign investments in Finland has increased from the two previous years. This is remarkable since the UN Conference on Trade and Development […]

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New Project 6

Finland is world’s happiest country for the 4th year running

Finland has been crowned world’s happiest country for the fourth year running based on the World Happiness Report. This time, the Happiness Report also focused on the positive and negative impacts of coronavirus. The survey looked at how the pandemic affected the structure and quality of people’s lives but also how governments reacted to it.

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Neste refinery

Neste announces Rotterdam as a location for its possible next world scale renewable products refinery

In March 2020, Neste announced its intention to increase renewable products production capacity in Europe. The company concluded a thorough study phase on two possible locations, Porvoo, Finland and Rotterdam, the Netherlands, in which both Neste has existing sites.  Based on the study phase, Neste selected Rotterdam as the location due to the overall costs

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UPM sawmills

UPM sawmills now powered entirely by renewable energy

At UPM’s sawmills, no fossil energy has been used in production since the beginning of 2020. Instead, the sawmills are now running completely on renewable energy. With fossil-free energy sources, UPM can produce even more sustainable timber products with the smallest possible carbon footprint. This also allows customers to reach their respective emission reduction targets. Sami Lundgren, Vice President, Responsibility at

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Outokumpu steel

Outokumpu joins an extensive research program to support journey towards carbon neutrality

Outokumpu joins a three-year research program Towards Carbon Neutral Metals (TOCANEM) as a part of a consortium of multiple metal industry companies and universities in Finland. By being a part of the research program, Outokumpu can study and develop necessary technologies needed to reach ambitious climate targets. The research program also supports Outokumpu’s industry leading

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Stora Enso cellulose

Cellulose foam by Stora Enso wins “Cellulose Fibre Innovation of the Year”

Stora Enso’s cellulose foam has been granted the award “Cellulose Fibre Innovation of the Year 2021”. The award was presented during the 2nd International Conference on Cellulose Fibres (2-3 February 2021). Stora Enso’s cellulose foam was one of the six nominees which all presented developments of new technologies and applications in the cellulose fibre industry.

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