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Metsä Board completes €60m modernisation at Simpele Mill

Metsä Board completes €60m modernisation at Simpele Mill

Metsä Board has finalised a €60m modernisation project at its Simpele paperboard mill, enhancing the performance and quality of its MetsäBoard Classic FBB folding boxboard.

Finnish start-up Perfat Technologies raises €2.5m to revolutionise healthy fats

Finnish start-up Perfat Technologies raises €2.5m to revolutionise healthy fats

Perfat Technologies, a Finnish deep-tech startup, has secured €2.5 million in Series A financing to advance its innovative fat alternatives.

Taaleri Bioindustry invests €10m in dairy alternatives manufacturer Finnish Food Factory

Taaleri Bioindustry invests €10m in dairy alternatives manufacturer Finnish Food Factory

Taaleri Bioindustry – a bioeconomy growth investor under the Finnish Taaleri Group investment firm – has injected €10 million into plant-based dairy alternative manufacturer Finnish Food Factory.

Fazer invests €400m in new chocolate factory in Lahti, Finland

Fazer invests €400m in new chocolate factory in Lahti, Finland

Fazer Group has announced a substantial investment of approximately €400 million for the construction of a new chocolate factory in Lahti, Finland, underscoring the company's efforts to modernise its production capabilities.

Hailia secures new partnership to accelerate international growth in seafood industry

Hailia secures new partnership to accelerate international growth in seafood industry

Finnish food technology scale-up Hailia has unveiled a new strategic partnership aimed at enhancing its international presence and expanding the licensing of its innovative technology.

Nordic Foodtech hits €40m first closing of second fund

Nordic Foodtech hits €40m first closing of second fund

Nordic Foodtech VC has announced the first closing of its second fund at €40m, with the final target size for the fund set at €80m. The...

Valio confirms closure of plant protein factory in Kauhava, Finland, and relocation of operations to Joensuu

Valio confirms closure of plant protein factory in Kauhava, Finland, and relocation of operations to Joensuu

Valio has confirmed it will close the Kauhava factory it acquired from Raisio in March 2025 by the end of this year, with operations to relocate to its Joensuu site.

Fiberdom secures €3.5m to advance plastic-free, circular material innovation

Fiberdom secures €3.5m to advance plastic-free, circular material innovation

Fiberdom has secured €3.5 million in funding to accelerate the development and scaling of its plastic-free wood fibre material.

Anora invests in biomass boiler to aid carbon neutrality

Anora invests in biomass boiler to aid carbon neutrality

Anora, a wine and spirits group in the Nordic region, has invested in a new biomass boiler at its Koskenkorva Distillery in Finland.

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