Finland

Social messaging startup Jongla racks up EUR1.4 million in funding

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.

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Google's USD607 million investment to triple size of Hamina data facility

Google announced that it will invest USD607 million to upgrade its seawater-cooled facility in Finland and convert it into a bigger data center.

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Google invests in data centers in Nordic region

As mobile demand increases, so does data storage requirements so Google is now expanding its data centers in the Nordic region.

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Google to invest EUR450 million in Finland post-Nokia decline

Google placed an additional EUR450 million in its data center located in Hamina, southeastern Finland.

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Impax Asset Management acquires wind farms from Fortum Oyj, Metsahallitus

Impax Asset Management announced its acquisition of two wind farms in Northern Finland.

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Finnish state fund says to reduce stake in TeliaSonera

A Finnish state fund had reduced its stake in telecoms group TeliaSonera by 10% and said to sell 68 millions shares of common stock.

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Finland saves welfare society with EUR 9 billion plan

Finland rolled out a EUR 9 billion plan enough to pay for welfare expenses of its aging population.

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Varma shifts investment to equities

Finland's pension fund and largest private investor Varma said it would be increasing its equities investments for the second quarter of 2013.

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Samsung brings fight to its competitors - analysts

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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