Finland-based mobile social messaging startup Jongla recently raised EUR1.4 million in a funding round from Oy Ingman Finance to be used for the development of its youth-oriented messaging app.
Google announced that it will invest USD607 million to upgrade its seawater-cooled facility in Finland and convert it into a bigger data center.
As mobile demand increases, so does data storage requirements so Google is now expanding its data centers in the Nordic region.
Google placed an additional EUR450 million in its data center located in Hamina, southeastern Finland.
Impax Asset Management announced its acquisition of two wind farms in Northern Finland.
A Finnish state fund had reduced its stake in telecoms group TeliaSonera by 10% and said to sell 68 millions shares of common stock.
Finland rolled out a EUR 9 billion plan enough to pay for welfare expenses of its aging population.
Finland's pension fund and largest private investor Varma said it would be increasing its equities investments for the second quarter of 2013.
Samsung launched its newest smartphone in the US, Apple's home market, and then opened a research and development center in Nokia's home, Finland.
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