SELECTED PRESS RELEASES 2010-2012
Corporate Activities in Eastern European Markets

February

The largest Russian telecom operator enters into its digital TV service delivery development with Teleste (04/02/2012)

Alma Media acquires the leading Baltic internet recruitment service company (03/02/2012)

YIT Expands its residental productioninto a new city in Moscow Region (03/02/2012)

Lemminkäinen to construct business premises for Technopolis in St. Petersburg (03/02/2012)

January

Incap concluded the co-operative negotiations in corporate services (08/01/2012)

Intrum Justitia to shut down operations in Latvia & Lithuania (05/01/2012)

December

KONE will supply People Flow to Kutuzovsky Business Center in Moscow (30/12/2011)

TeliaSonera increases its ownership in Kcell and prepares for IPO (22/12/2011)

Fortum to sell its Estonian electricity sales and transmission company to Imatran Seudun Sähkö (20/12/2011)

YIT has launched the construction of
a residential building in Rostov-On-Don, Russia (20/12/2011)

Fortum to sell Fortum Energiaratkaisut Oy and Fortum Termest AS to the EQT Infrastructure Fund (19/12/2011)

YIT acquires property maintenance company in Yekaterinburg Russia (19/12/2011)

YIT wins A Company of the Year Award in Russia (13/12/2011)

Pontos acquires shopping center "Babilonas I" in Lithuania (09/12/2011)

YIT delivered another residential building ahead of schedule in Komendantskiy kvartal block in St Petersburg, Russia (09/12/2011)

Rautakesko opened Moscow´s first K-Rauta (09/12/2011)

Arctech Helsinki Shipyard to build an Innovative Multipurpose Emergency and Rescue Vessel for Russian Ministry of Transport (08/12/2011)

Metsä Tissue to close production, converting and supply chain operations at its Konstancin-Jeziorna mill in Poland in April 2012 November 2011 (05/12/2011)

November

Neste Oil expanding its presence in Northwest Russia (25/11/2011)

TeliaSonera launches 3G in Azerbaijan (19/11/2011)

SEB divests its Ukrainian retail business to Eurobank Group (19/11/2011)

Outotec receives additional orders from the Russian Petropavlovsk Group (07/11/2011)

Arctech Helsinki Shipyard started the production of second icebreaking supply vessel - Cooperation with the Russian owner is about to become more active (03/11/2011)

October 2011

Flybe takes to the skies across Nordic and Baltic region with brand new schedule and 10 new routes (28/10/2011)

Kemira has moved to a new water treatment chemicals plant in Tallinn, Estonia (26/10/2011)

YIT receives several housing quality awards in Russia (26/10/2011)

Cargotec starts strategic cooperation with Rosmorport in Russia (26/10/2011)

Lappset Group Ltd establishes a production unit for metal products and components in Estonia (21/10/2011)

Sanoma divests its Latvian kiosk and press distribution operations (14/10/2011)

Citec wins major contract in Russia (10/10/2011)

September 2011

Neste Oil ships operate successfully along the Northeast Passage (30/09/2011)

UPM Raflatac opens a slitting and distribution terminal in Moscow, Russia (29/09/2011)

Amendment to agreement provides a new basis for air services between Finland and Russia (27/09/2011)

Lemminkäinen: Strong order book in the Baltic countrie´s reviving infrastructure markets (29/09/2011)

Beweship: New partnership for the Asia-Finland and Baltic States trade lane (22/09/2011)

Sanoma News acquires Apollo, the second-largest online news service in Latvia (16/09/2011)

Paulig’s new coffee roastery in Tver, Russia has been inaugurated (15/09/2011

EUR 5.9 million steel structure contract for Ruukki in Lithuania (13/09/2011)

Konecranes to supply rtg cranes and biggest sts cranes in Baltic Sea to port of Klaipeida (13/09/2011)

SRV utilizes potential in the Russian real estate market through a real estate development joint venture (12/09/2011)

Outotec wins large-scale iron ore pelletizing plant project in Russia (12/09/2011)

Ramirent Poland wins scaffolding project in Slovenia (07/09/2011)

Excessive levels of ammonia observed in YIT residental units in St. Petersburg (07/09/2011)

CapMan invests in Siberian Networks (06/09/2011)

August 2011

Lemminkäinen renovates highway between Tallinn and Narva in Estonia (31/08/2011)

Outotec collaborates with the Mongolian government to develop mining and metallurgical processing of Mongolian mineral resources (31/08/2011)

Metso to deliver green energy technology for Elektrociepownia Biaystok S.A’s biomass boiler conversion project in Poland (30/08/2011)

NIB facility with Gazprombank to promote energy efficiency in Russia (30/08/2011)

Outokumpu Oyj: State prosecutor appeals against district court's decision related to export practices to Russia (26/08/2011)

Metso receives scrap metal shredding technology order from Russian Vyksa Steel Works (17.8)

First step in Europe: direct exchange trade adopted partially in electricity trade between Russia and Finland (17.8)

Neste Oil divests its gas business in Estonia (02/08/2011)

July 2011

The counterfeit goods business is worth billions (20/07/2011)

CapMan and Gimv invest in Russian-based Expert Photo (18/07/2011)

Wärtsilä to supply main engines for 25 new Russian tankers (18/07/2011)

Outotec to deliver concentrator technology for the Miheevsky project in Russia (15/07/2011)

Outotec receives additional order from the Russian Petropavlovsk Group (12/07/2011)

June 2011

Wärtsilä to deliver two major dynamic grid reserve power plants to secure electricity supply in Estonia (29/06/2011)

All charges related to export practices to Russia dismissed (22/06/2011)

Pohjola to expand services in the Baltic region by opening a branch office for corporate customers in Tallinn (21/06/2011)

Fortum and Lukoil sign agreement on technology collaboration (19/06/2011)

Fortum invests in new biofuel-fired CHP plants in Järvenpää, Finland, and Jelgava, Latvia (16/06/2011)

Intersport operations in Russia to be transferred to Kesko (06/06/2011)

May 2011

Metso to supply minerals processing equipment and services to Russian Copper Company in Russia (26/05/2011)

CCC and Webmedia to merge, creating software development leader (16/05/2011)

Outotec to deliver gold pressure leaching technology in Russia (04/05/2011)

April 2011

YIT aquired 50 000 m2 of building rights in yhe center of St Petersburg (29/04/2011)

Cities of Moscow and Sochi enjoy unmatched mobile voice quality: MegaFon, Nokia Siemens Networks launch world’s first commercial HD voice GSM network (27/04/2011)

Metso to convert coal fired boiler to biomass fired boiler for EC Tychy in Poland (25/04/2011)

Metsä Tissue announces a major investment programme in Poland (20/04/2011)

Rautakesko to open Russia's 13th K-rauta (15/04/2011)

UPM to sell its logging company in Russia to International Paper (14/04/2011)

NIB loan for waste-to-energy plant in Lithuania (04/04/2011

Celanese Emulsions Appoints Algol Chemicals as Distributor for Russia and Ukraine (01/04/2011)

March 2011

Russia's seventh Stockmann department store opens in Ekaterinburg (30(03/2011)

Metso to rebuild tissue machine for Syktyvkar Tissue Group in Russia (28/03/2011)

Eastern European Outlook: Export-driven growth gains strength as domestic demand awakens (24/03/2011)

Meka’s cable ladder production expands to St. Petersburg (24/03/2011)

Outokumpu Oyj - Court proceedings related to export practices to Russia started (22/03/2011)

Metso to supply biomass power plant to Sia Graanul Invest in Latvia (21/03/2011)

Over 450 Kazakhstan secondary schools equipped with language teaching software by Sanako (08/03/2011)

Next Prisma will be opened in Tartu in 2012 (02/03/2011)

February 2011

Outotec to deliver oil shale preparation plant to Eesti Energia in Estonia (18/02/2011)

Lemminkäinen to construct approx. 2,000 residential units in downtown St Petersburg (10/2/2011)

SRV signed Project Management Contract Worth 100 Million Euros for Construction of Shopping Center in Saint Petersburg (01/02/2011)

January 2011

Jartek Oy receives an Order of over EUR 20 Million for a Sawmill from Russia (28/01/2011)

Huurre to deliver logistic terminal in Ukraine (19/01/2011)

Huurre Group to establish new Refrigeration services company in Russia (19/01/2011)

Stora Enso invests EUR 285 million in new containerboard machine at Ostroleka in Poland (11/01/2011)

A fourth Prisma to be built in Riga, Latvia (10/01/2011)

Technopolis Getting New Deal for Pulkovo (07/01/2011)

Metso to supply biomass power plant to Oü Helme Energia in Estonia (06/01/2011)

SOK opens a Prisma store in Kaunas (02/01/2011)

December 2010

Contractors chosen for new submarine cable connection between Finland and Estonia:total value of contracts almost 300 million euros (23/12/2010)

NCC sells residental property in St. Petersburg for eur 11 m (22/12/2010)

Tikkurila to sell its powder coatings business (17/12/2010)

More success for Evli in Russian M&A (17/12/2010)

STX Finland and USC start joint venture for arctic shipbuilding in Helsinki (11/12/2010)

High-speed Allegro to St. Petersburg from 12 December (09/12/2010)

Metso to supply cooking plant to Horizon Pulp & Paper in Estonia (02/12/2010)

SOK opens a Prisma store in Kaunas, Lithuania (02/12/2010)

November 2010

TeliaSonera launches 3G in Kazakhstan (30/11/2010)

Atria Russia to centralise production of meat products in St Petersburg (26/11/2010)

SRV business premises in Moscow almost fully let in the midst of economis turmoil - office premises market recovering (26/11/2010)

Fortum and Rosatom sign Memorandum of Understanding on cooperation in nuclear power (26/11/2010)

Fortum acquires two Polish power and heat companies (25/11/2010)

Avenir, Hellevig, Klein & Usov expands with opening of office in Kiev, Ukraine (24/11/2010)

Evli Bank ranked as one of the leading advisors in Russian M&A (05/11/2010)

Inspecta broadens service offer now also in Lithuania (03/11/2009)

October 2010

Technopolis Ülemiste AS to start EEK 1 billion or 64 million euros Property Portfolio (29/10/2010)

Technopolis Signs Second Anchor Tenant to Pulkovo (29/10/2010)

Small Planet sells Russian mobile connectivity and payment company to Boku (29/10/2010)

Finnlines new weekly ro-ro service between the United Kingdom and Russia (28/10/2010)

NIB allocates EUR 45 million for Estlink-2 (20/10/2010)

Estonian government contracts Spinverse for preparing national materials program (13/10/2010)

Telko first safety and quality assessed chemical industry distributor in Russia (11/10/2010)

Sanoma to Sell its Press Distribution and Kiosk Operations in Russia (09/10/2010)

Technopolis Ülemiste Launched in Tallinn (08/10/2010)

Outotec cooperates with National Development Corporation of Mongolia to develop Mongolian mineral deposits (07/10/2010)

SOK opens Prisma hypermarket in Narva – the largest store in the East-Viru county (06/10/2010)

SEB, Eastern European Outlook: Renewed domestic demand but moderate GDP growth (06/010/2010)

Stora Enso continues to expand in solid biofuels (05/10/2010)

September 2010

New submarine cable between Finland and Estonia confirmed (29/09/2010)

FSP Finnish Steel Painting will launch co-operation with Cargotec in Poland (21/09/2010)

Cargotec celebrates the opening of its new multi-assembly unit in Poland (08/09/2010)

Oriola-KD ro acquire the 03 Apteka pharnacy chain with 70 pharmacies in Moscow (02/09/2010)

Vicus Capital Advisors established a new Baltic Property Fund VCA Baltic Retail Fund (02/09/2010

July 2010

Itella to acquire parcel business of SmartPOST OÜ in Estonia (09/07/2010)

CapMan invests in Bank Evropeiskij (08/07/2010)

June 2010

Construction of the Nord Stream Pipeline began in finnish waters (29/06/2010)

Lemminkäinen to build production facilities for Rani Plast at Lemminkäinens Klauga industrial park (20/06/2010)

Tieto Sales Management as a Service for the Russian markets (18/06/2010)

Tieto establishes a Centre of Excellence for Oil and Gas in Russia (17/06/2010)

Lemminkäinen acquires new residential development in St. Petersburg (09/06/2010)

Recovery of Baltic Rim economies on track (09/06/2010)

airBaltic flight tickets go on sale in Finnish kiosks (07/06/2010)

NIB and Belarus sign framework agreement (04/06/2010)

Metso to supply pulping technology for Ilim Group in Russia (03/06/2010)

May 2010

Finnish and Russian Prime Ministers sent Allegro Train for tests in Russia (27/05/2010)

Wärtsilä enters rail market through joint venture with Transmashholding in Russia (27/05/2010)

Primeminister Matti Vanhanen in The EU-Russia Innovation Forum (27/05/2010)

Polish Competition Authority set a fine on Tikkurila for breach of competition law (25/05/2010)

Selling of Elcoteq´s St. Petersburg Plant completed (20/05/2010

SOK to open third Prisma hypermarket in Riga (05/05/2010)

CapMan to invest in Havator (04/05/2010)

NIB-financed investment to reduce power network losses in Poland (03/05/2010)

April 2010

Neste Jacobs and Eesti Energia agreed on building a shale
oil condensation unit in Estonia (29/04/2010)

NIB finances expansion of St. Petersburg airport (29/04/2010)

CapMan invests in Russian manufacturer of handling equipment for the construction industry, LMZ (28/04/2010)

Lemminkäinen to construct a new apartment building in St. Petersburg (16/04/2010)

Itella strengthens its position in Russia: New international groupage to Russia (08/04/2010)

Ms. Pirjo Karhu was awarded the entrepreneurial acknowledgement presented by the State Duma of Russian Federation (07/04/2010)

Baltronic OÜ acquires Teletekno Balti AS in Estonia from Onninen Oy (06/04/2010)

Opening of the new K-rauta in Kaluga (06/04/2010)

March 2010

EBRD Will Finance First Phase of Technopolis Pulkovo Technopark Project with Eur 31.6 Million Loans (23/03/2010)

Technopolis Expands into Estonia (23/03/2010)

Bank of Finland forecast for 2010-2012:
Finland's economy will fade if the foundations of growth are not strengthened (23/03/2010)

Fazer and Stockmann signed letter of intent about cafe and restaurant operations in St. Petersbug (23/03/2010)

Neste Oil to acquire 22 unmanned fuel stations in Lithuania (23/03/2010)

SRV proceeds with shopping mall plans in Baltic Pearl (22/03/2010)

YIT Ehitus to build facilities for tower construction management in Riga, Latvia (08/03/2010)

Rautakesko to open Russia's 11th K-rauta in Tula (05/03/2010)

Tieto acquires T&T Telecom and strengthens position in the Russian Telecom market (05/03/2010)

February 2010

Oriola-KD Corporation completes its Russian acquisition (25/02/2010)

Algol Chemicals expands operations to Belarus (25/02/2010)

Fortum invests in new waste-to-energy power plant in Lithuania (23/02/2010)

Regional State Administrative Agency for Southern Finland grants Nord Stream AG permits to build gas pipeline in Finland’s Exclusive Economic Zone (12/02/2010)

Incap plans closing down the Vuokatti factory and transferring the production to Estonia (09/02/2010)

Elcoteq becomes Inmarsat's Manufacturing and Life Cycle Services Partner for Global Handheld Satellite Phone (05/02/2010)

TeliaSonera increases its ownership in UCell (03/02/2010)

Konekesko Eesti AS sells its agrinetwork business to Farm Plant Eesti AS (02/02/2010)

January 2010

Betset Oy expands to Russia, St Petersburg (30/01/2010)

Andrtiz to supply the world’s largest wood pelleting plant to Russia (29.01/2010)

Atria Baltic records impairment losses for fixed assets and goodwill (23.01.2010)

Tiimari Group ceases its non-profitable operations in Poland (20.01.2010)

Major road contracts for Lemminkäinen in Lithuania (19.01.2010)

Elcoteq Comments the News on the Tallinn Plant Enlargement (14.1.2010)

Aspo Groups Leipurin Ltd Grows in Latvia (10/01/2010)

A-Katsastus Expands its operations through acquisitions in Estonia and Poland (07/01/2010)

December 2009

Renewa to deliver a 20 MW steam boiler plant to Lithuania (08/12/2009)

November 2009

YIT and BPT form strategic partnership to develop commercial real estate in Russia (18/11/2009)

Nordea: Uneven recovery in the Baltic countries (18/11/2009)

QPR Software acquires its Russian reseller's business operations (16/11/2009)

Citycon opens third phase of Rocca Al Mare, Estonia's largest shopping centre (13/11/2009)

Ruukki to deliver components for largest bridge projects in Russia and Poland (09/11/2009)

Peikko to start manufacturing activities in St. Petersburg, Russia. First product Tera Joint floor joints. (05/11/2009)

YIT to continue developing the Gorelovo area in St Petersburg with production premises for Dermosil (05/11/2009)

October 2009

Wärtsilä delivers total propulsion package to Russian shipyard (22/10/2009)

Cargo volumes in the Baltic Sea ports dropped 0.4% in 2008 (21/10/2009)

Corruption on the Finnish-Russian border (20/10/2009)

Uzbekistan’s UCell signs contract with Nokia Siemens Networks to upgrade network capacity (19/10/2009)

Pöyry awarded EUR 7.5 million railway design contract in Poland (15/10/2009)

TeliaSonera initiates actions for squeeze-out following successful completion of cash offer for Eesti Telekom (13/10/2009)

airBaltic announced Airline of the Year Gold Award winner (09/10/2009)

Latvijas Mobilais Telefons raises the bar for customer service in Latvia (97/10/2009)

Paulig builds a coffee roastery in Tver (08/10/2009)

Nokia Siemens Networks’ solution to enhance service quality, improve network performance and reduce costs (07/210/2009)

September 2009

Vacon supplies AC drives to Kama paper mill in Russia (30/09/2009)

Junttan expands its distribution network in Russia (29/9/2009)

CapMan invests in Papa John’s restaurant chain in Russia (25/09/2009)

UPM Raflatac opens distribution terminals in St Petersburg and Istanbul (23/09/2009)

Finnish enterprises' personnel 589,000 in affiliates abroad in 2007 (17/09/2009)

Baltic Sea transport issues require constructive input from Russia (09/09/2009)

Russia is still an opportunity for the Finnish construction industry (10/09/2009)

Konsu and Pretax to merge (09/09/2009)

Cargotec celebrates the foundation of its new multi-assembly unit in Poland (09/09/2009)

Deere & Company Board of Directors Approves Additional Investment In Russia (04/09/2009)

• Archive 2005-2009 by month. News Releases