Hanwha Aerospace has signed a €546 million contract with the Finnish Ministry of Defence for additional K9 Self-Propelled Howitzers. The order brings Finland's K9 fleet to over 200 units, making it the third NATO member to reach that threshold, with deliveries scheduled from 2028 onward.
CapMan Real Estate has appointed Colliers as its financial services partner across Finland and Sweden, with 13 specialists transferring to support the agreement. The deal covers funds investing in office, social infrastructure, and hotel assets, expanding Colliers' property management services into the Swedish market.
2 weeks ago • Finland
Neste has commissioned a €111 million liquefied waste plastic upgrading unit at its Porvoo refinery in Finland, capable of processing up to 150,000 tons annually. The facility enables chemical recycling of hard-to-recycle plastics into high-quality feedstock for the petrochemical industry, addressing limitations of mechanical recycling.
4 weeks ago • Finland
UPM Energy plans to invest over EUR 20 million to modernize the Tyrvää hydropower plant in Finland’s Pirkanmaa region, with completion targeted by 2030. The upgrades aim to extend operational life, improve grid balancing capability, and reduce environmental risks as renewable energy penetration increases.
1 month ago • FinlandThe European Bank for Reconstruction and Development has committed USD 65 million to finance a hybrid 200 MW solar plant and 120 MWh battery storage facility in Aswan, Egypt. This initiative, developed by HAU Energy, marks a critical step in stabilizing the national grid while advancing the country's transition toward a low-carbon energy infrastructure.
The U.S. Army Corps of Engineers has awarded a $113.8 million contract to J.F. Brennan Company for leading-edge invasive carp deterrents as part of the Brandon Road Interbasin Project in Illinois. The award completes Increment I of the ecosystem restoration effort.
CoreMarine and Jumbo Offshore have secured a contract from Southern Energy S.A. to transport, install, and hook up soft-yoke mooring systems for two FLNG vessels in Golfo San Matías. The project supports Argentina’s gas export expansion, with installations scheduled for 2027 and 2028.
NASA has selected Development Seed for a $76 million indefinite-delivery/indefinite-quantity contract to provide R&D services to the Office of Data Science and Informatics at Marshall Space Flight Center. The contract includes a two-year base period with three one-year options through June 2031.