Business Finland

Making furniture with paper machines - VTT and ISKU have created a novel biocomposite chair from cellulose

Retrieved on: 
Jeudi, avril 4, 2024

ESPOO, Finland, April 4, 2024 /PRNewswire/ -- The VTT Technical Research Centre of Finland and ISKU, a leading Finnish furniture manufacturer, have joined forces to create a new kind of chair that showcases the potential of biocomposite materials. The chair is made from a cellulose-plastic compound that uses natural annual fibres, polypropylene and wood pulp from Finnish forests as raw materials. 

Key Points: 
  • The chair is made from a cellulose-plastic compound that uses natural annual fibres, polypropylene and wood pulp from Finnish forests as raw materials.
  • "The biocomposite material was produced by VTT using foam forming technology, which was originally developed for papermaking.
  • The chair, designed by ISKU, has a sleek and modern appearance that highlights the natural texture and colour of the biocomposite material.
  • For more information about the biocomposite chair and its design, contact Mikko Porter, Head of Lean Six Sigma, ISKU, at [email protected] or

Finnvera Group’s Report of the Board of Directors and Financial Statements 2023

Retrieved on: 
Jeudi, février 15, 2024

Finnvera was able to partially reverse loss provisions in 2023, particularly regarding the shipping sector.

Key Points: 
  • Finnvera was able to partially reverse loss provisions in 2023, particularly regarding the shipping sector.
  • Finnvera publishes its Board of Directors’ Report and its financial statements as an XHTML file compliant with the European Single Electronic Format (ESEF) requirements.
  • Auditors KPMG Oy have issued an independent assurance report that provides reasonable assurance concerning Finnvera’s ESEF financial statements.
  • Finnvera additionally publishes the report and financial statements in PDF format.

5G Open Innovation Lab, Washington Maritime Blue, and the City of Tacoma Launch Trailblazing Private 5G Network at Tacoma Tideflats

Retrieved on: 
Mercredi, janvier 17, 2024

5G Open Innovation Lab (5G OI Lab), EDGE Cluster , Washington Maritime Blue and the City of Tacoma along with a coalition of partners today unveiled a 5G Private Network at Tacoma Tideflats supporting five enterprise clients.

Key Points: 
  • 5G Open Innovation Lab (5G OI Lab), EDGE Cluster , Washington Maritime Blue and the City of Tacoma along with a coalition of partners today unveiled a 5G Private Network at Tacoma Tideflats supporting five enterprise clients.
  • The clients supported by this network include: TOTE Maritime Alaska , Silverback Marine , Trident Seafoods , SAFE Boats International , and Motive Power Marine .
  • The Tacoma Tideflats 5G Network Feasibility Stud y, developed by the 5G OI Lab, Washington Maritime Blue, Avanade , City of Tacoma, Washington Department of Commerce , Business Finland , Impact Washington , and Tacoma Power , was published in January 2022.
  • “Congratulations to 5G Open Innovation Lab, Maritime Blue, the City of Tacoma, and all of the partners involved on the successful implementation of the 5G private network in the Tideflats.”
    “It is amazing to see our vision for a connected port ecosystem at Tacoma Tideflats come to life.

VTT Info: Aiming for Emission-Free Pulping, Forest Industry and Scientific Community Join Forces

Retrieved on: 
Mercredi, janvier 17, 2024

The forest industry, technology companies, research organizations, and universities have joined forces to revolutionize the traditional pulping processes under the joint leadership of VTT Technical Research Centre of Finland and RISE Research Institutes of Sweden .

Key Points: 
  • The forest industry, technology companies, research organizations, and universities have joined forces to revolutionize the traditional pulping processes under the joint leadership of VTT Technical Research Centre of Finland and RISE Research Institutes of Sweden .
  • "Due to the limited nature of forest resources, the growth opportunities for the industry are constrained.
  • The key to achieving this lies in fostering innovation and coming together as an industry and as a research ecosystem.
  • This transformation is not just about meeting industry standards; it's about setting new benchmarks for environmental responsibility and operational excellence.

Internationalisation Award of the President of the Republic of Finland granted to Kuusakoski Group

Retrieved on: 
Vendredi, novembre 24, 2023

Sauli Niinistö, President of the Republic of Finland, has granted today the annual internationalisation award to successful Finnish companies.

Key Points: 
  • Sauli Niinistö, President of the Republic of Finland, has granted today the annual internationalisation award to successful Finnish companies.
  • "Kuusakoski has grown throughout the period of industrialisation in Finland after the wars, and strong internationalisation in the following decades also helped us grow.
  • The Internationalisation Award of the President of the Republic of Finland is bestowed annually in recognition of internationally successful companies or communities.
  • In addition to Kuusakoski Group, the Internationalisation Award was granted this year to Neural DSP Technologies (Newcomer Company), AGCO Group (Long-term International Investor) and EnergyVaasa (Community Award).

Malaysia releases Simplified ESG Disclosure Guide for SMEs in Supply Chains

Retrieved on: 
Mercredi, octobre 18, 2023

First-of-its-kind guidance developed to support SMEs within supply chains in tracking and reporting their sustainability disclosures to remain relevant and competitive.

Key Points: 
  • First-of-its-kind guidance developed to support SMEs within supply chains in tracking and reporting their sustainability disclosures to remain relevant and competitive.
  • KUALA LUMPUR, Oct 18, 2023 - (ACN Newswire) - Capital Markets Malaysia ("CMM"), an affiliate of the Securities Commission Malaysia ("SC"), today launched a Simplified ESG Disclosure Guide ("SEDG"), making Malaysia the first country globally to provide small-to-medium enterprises ("SMEs") within global supply chains with a streamlined and standardised set of guidelines in relation to environment, social and governance ("ESG") disclosures.
  • In formulating the Guide, public and market consultations were conducted with multiple stakeholder groups -- including large multinational and public listed companies ("PLCs"), SMEs, and regulatory and policy stakeholders -- to better understand the disclosure challenges, needs and expectations of SMEs within the supply chain.
  • The Adopter Programme will provide SMEs with access to in-person training, tutorials, and workshops nationwide to guide SMEs in disclosing ESG data.

Tech Mahindra Inaugurates Innovation Centre in Espoo, Finland to Drive Digitization with Customers

Retrieved on: 
Mardi, septembre 19, 2023

Tech Mahindra , a leading provider of digital transformation, consulting, and business re-engineering services & solutions, today inaugurated a local innovation centre in Espoo, Finland.

Key Points: 
  • Tech Mahindra , a leading provider of digital transformation, consulting, and business re-engineering services & solutions, today inaugurated a local innovation centre in Espoo, Finland.
  • This expansion comes after a sustained period of growth in the region and signifies Tech Mahindra’s commitment to further its journey in Finland, and the Nordic region.
  • Located in Espoo, a part of the greater Helsinki metropolitan area, the new centre situates Tech Mahindra at the heart of one of the major business hotspots and innovation hubs in the Nordics.
  • From this strategic location, Tech Mahindra will continue to provide digital business transformation services and solutions to customers.

SaaShop raises 1.2 million euros to drive SaaS marketplace growth

Retrieved on: 
Jeudi, septembre 7, 2023

AUSTIN, Texas, Sept. 7, 2023 /PRNewswire-PRWeb/ -- Finnish growth company SaaShop Oy has raised €1.2M in seed funding to continue driving growth and international expansion of its SaaS marketplace. The funding round included an investment from Business Finland as well as participation from current owners and board members. Overall, the funding round will enable SaaShop to accelerate growth in both the European and North American markets.

Key Points: 
  • Finnish growth company SaaShop has raised €1.2M seed funding to continue driving growth and international expansion of its SaaS marketplace.
  • AUSTIN, Texas, Sept. 7, 2023 /PRNewswire-PRWeb/ -- Finnish growth company SaaShop Oy has raised €1.2M in seed funding to continue driving growth and international expansion of its SaaS marketplace.
  • Overall, the funding round will enable SaaShop to accelerate growth in both the European and North American markets.
  • SaaShop is an international marketplace founded in Espoo, Finland in 2018 that connects businesses with SaaS software companies and service providers that specialize in SaaS-related services.

Fixably Partners with Capital Growth Partners to Speed Up US Expansion

Retrieved on: 
Jeudi, juillet 20, 2023

HELSINKI, Finland, July 20, 2023 (GLOBE NEWSWIRE) -- Fixably , the global after-sales software provider, is partnering with business advisory firm Capital Growth Partners (CGP) as they expand in the US.

Key Points: 
  • HELSINKI, Finland, July 20, 2023 (GLOBE NEWSWIRE) -- Fixably , the global after-sales software provider, is partnering with business advisory firm Capital Growth Partners (CGP) as they expand in the US.
  • Bob Lafon, President of Capital Growth Partners announced the partnership earlier this month.
  • Fixably had earlier this month announced $10 million in funding and the launch of Fixably Refurb software, aimed at helping recommerce businesses boost profitability.
  • Fixably Refurb expands the company’s ability to serve the broader aftersales market, including the existing service capacity of the Fixably Repair network in over 35 countries.

Fixably Appoints Telecom Industry Veteran Annukka Matilainen as New Chief Operating Officer

Retrieved on: 
Mercredi, juillet 12, 2023

HELSINKI, Finland, July 12, 2023 (GLOBE NEWSWIRE) -- Fixably , the global after-sales software provider, has appointed Annukka Matilainen as their new Chief Operating officer.

Key Points: 
  • HELSINKI, Finland, July 12, 2023 (GLOBE NEWSWIRE) -- Fixably , the global after-sales software provider, has appointed Annukka Matilainen as their new Chief Operating officer.
  • Annukka is a telecom industry specialist with over 20 years of experience in customer service.
  • Annukka’s impact in the telecom sector will expand Fixably’s ability to serve enterprise customers, particularly OEMs, telecom operators, and retailers.
  • Fixably had earlier this month announced $10 million in funding and the launch of Fixably Refurb , software aimed at helping re-commerce businesses boost profitability.