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  <title>Eurotrack: Uusimaa</title>
  <subtitle>All entries located in Uusimaa (Finland), newest first.</subtitle>
  <link href="https://eurotrack.ai/en/regions/uusimaa/"/>
  <link rel="self" href="https://eurotrack.ai/en/regions/uusimaa/feed.xml"/>
  <id>tag:eurotrack.ai,2026:en:en/regions/uusimaa</id>
  <updated>2026-10-27T06:00:00Z</updated>
  <author><name>Eurotrack</name></author>
  <entry>
    <title>🤝 Valmet buys Tieto's MES business for pulp and paper (Finland)</title>
    <link href="https://eurotrack.ai/en/developments/811181d5-valmet-buys-tieto-s-mes-business-for-pulp-and-paper/"/>
    <id>tag:eurotrack.ai,2026:811181d5:en</id>
    <updated>2026-10-27T06:00:00Z</updated>
    <summary>Valmet has agreed to buy Tieto's manufacturing execution system business, whose TIPS MES software runs in about 300 pulp and paper mills and generates roughly EUR 32 million in annual revenue. Closing is expected in the second quarter of 2027, and no price is given (Valmet press release, 27.10.2026). — Source: https://news.cision.com/fi/valmet-oyj/r/valmet-ostaa-tiedolta-tuotannonohjausjarjestelmaliiketoiminnan-vauhdittaakseen-teollisuuden-siirtyma,c4415664</summary>
  </entry>
  <entry>
    <title>🏚️ Helsinki social association Kalliolan Setlementti files for bankruptcy (Finland)</title>
    <link href="https://eurotrack.ai/en/developments/9ae929b6-helsinki-social-association-kalliolan-setlementti-files-for/"/>
    <id>tag:eurotrack.ai,2026:9ae929b6:en</id>
    <updated>2026-10-26T06:00:00Z</updated>
    <summary>The association Kalliolan Setlementti has filed for bankruptcy at the Helsinki District Court because its debts exceed its assets and it has no income left to repay them. It received about €917,000 in STEA grants for 2026 and employed around 40 people in August according to Helsingin Sanomat; the number of those affected is not established (Yle, 26 Oct 2026). — Source: https://yle.fi/a/74-20253449</summary>
  </entry>
  <entry>
    <title>📉 Nokia plans to cut up to 253 jobs in Finland (Finland)</title>
    <link href="https://eurotrack.ai/en/developments/dc5f86dd-nokia-plans-to-cut-up-to-253-jobs-in-finland/"/>
    <id>tag:eurotrack.ai,2026:dc5f86dd:en</id>
    <updated>2026-10-09T06:00:00Z</updated>
    <summary>Nokia plans to cut up to 253 jobs in Finland, affecting Espoo, Tampere and Oulu, just under 4% of its roughly 6,800 staff in the country. Change negotiations with employee representatives began on 12 October 2026, and the cuts are expected to take effect from 2 November 2026 according to the European Restructuring Monitor. Nokia wants to cut costs and redirect resources to defence, AI and data centres; the split across sites and units is open (Evertiq citing Yle and Helsingin Sanomat, 9 Oct 2026). — Source: https://evertiq.com/news/2026-10-09-more-than-250-jobs-at-risk-as-nokia-plans-cuts-in-finland</summary>
  </entry>
  <entry>
    <title>📉 OP Pohjola to cut up to 554 jobs in Finland (Finland)</title>
    <link href="https://eurotrack.ai/en/developments/08d6ff2c-op-pohjola-to-cut-up-to-554-jobs-in-finland/"/>
    <id>tag:eurotrack.ai,2026:08d6ff2c:en</id>
    <updated>2026-10-05T06:00:00Z</updated>
    <summary>Finnish financial group OP Pohjola is opening two rounds of change negotiations (muutosneuvottelut): up to 385 roles could go at insurer Pohjola Vakuutus, which has about 1,840 staff, and up to 169 in the central cooperative's retail banking operations, which employ about 500. At the same time OP plans about 277 new positions (237 and roughly 40 respectively), to be offered first to those affected; talks begin on 6 and 12 October 2026 and will last at least three weeks (OP Pohjola, 5 Oct 2026; second source: Yle, 5 Oct 2026). — Sources: https://news.cision.com/fi/op-pohjola/r/op-pohjola-suunnittelee-uudistavansa-pohjola-vakuutuksen-organisaatiota-seka-keskusyhteison-vahittai,c4404518 · https://yle.fi/a/74-20249863</summary>
  </entry>
  <entry>
    <title>🤝 EU Commission raises concerns over UPM-Sappi paper JV (Finland / South Africa)</title>
    <link href="https://eurotrack.ai/en/developments/bd802efd-eu-commission-raises-concerns-over-upm-sappi-paper-jv/"/>
    <id>tag:eurotrack.ai,2026:bd802efd:en</id>
    <updated>2026-08-26T06:00:00Z</updated>
    <summary>UPM and Sappi had signed binding agreements in May 2026 for a 50:50 joint venture combining their European communication-paper businesses, aiming to become the EEA market leader (with roughly EUR 100 million in expected synergies). On 26 August 2026 the European Commission sent the companies a statement of objections setting out its preliminary view that the venture could harm competition in coated mechanical and coated woodfree magazine paper. The notice does not prejudge the outcome; UPM and Sappi can respond and request a hearing. Closing had been targeted for end-2026. — Source: https://ec.europa.eu/commission/presscorner/detail/en/ip_26_1747</summary>
  </entry>
  <entry>
    <title>🚄 Väylävirasto opens extra track between Kytömaa and Ainola (Finland)</title>
    <link href="https://eurotrack.ai/en/developments/9eb39004-vaeylaevirasto-opens-extra-track-between-kytoemaa-and-ainola/"/>
    <id>tag:eurotrack.ai,2026:9eb39004:en</id>
    <updated>2026-08-18T06:00:00Z</updated>
    <summary>On the Helsinki–Riihimäki rail project the western additional track between Kytömaa and Ainola has entered service, so the main line from Helsinki to Purola in Järvenpää now has four tracks throughout and a bottleneck on Finland's busiest rail section is removed. The two new tracks beside the existing double track were built in 2023–2026 (the eastern one opened at the end of 2024); Ainola is also getting a new station with step-free, covered platforms, and an underpass with lifts is due in August 2027. The EU co-financed project runs in three phases: the first ended at the end of 2024, and the second (2021–2030) adds further additional and freight tracks between Kerava, Järvenpää, Jokela and Riihimäki, including about 20 km of four-track line between Kerava and Jokela. The date is a placeholder: the article names no day of commissioning, and the report date is used. (LOK Report, 18 Aug 2026) — Source: https://www.lok-report.de/news/europa/finnland/finnland-die-strecke-von-helsinki-bis-purola-ist-nun-viergleisig.html</summary>
  </entry>
  <entry>
    <title>🤝 Mandatum buys 78.4% of Swedish asset manager Cliens (Finland / Sweden)</title>
    <link href="https://eurotrack.ai/en/developments/73d28299-mandatum-buys-78-4-of-swedish-asset-manager-cliens/"/>
    <id>tag:eurotrack.ai,2026:73d28299:en</id>
    <updated>2026-08-13T06:00:00Z</updated>
    <summary>Finnish insurer and asset manager Mandatum agreed on 13 Aug 2026 to buy 78.4% of Cliens Holding, the parent of Stockholm-based asset manager Cliens Kapitalförvaltning, for SEK 705m in cash (about €64m). Cliens managed around SEK 36bn at the end of June 2026, has 26 employees and keeps its own brand; management and staff retain 21.6%. Update (16.10.2026): After clearance from the Swedish financial supervisor and competition authority, Mandatum has completed the purchase (Mandatum, 13 Aug and 16 Oct 2026). — Sources: https://www.mandatum.fi/en/corporation-news/2026/inside-information-mandatum-acquires-swedish-asset-manager-cliens-and-strengthens-its-position-in-nordic-asset-management/ · https://news.cision.com/se/mandatum-oyj/r/mandatum-slutfor-forvarvet-av-cliens,c4409790</summary>
  </entry>
  <entry>
    <title>🤝 Valmet reviews split into two listed companies (Finland)</title>
    <link href="https://eurotrack.ai/en/developments/b217ed8c-valmet-reviews-split-into-two-listed-companies/"/>
    <id>tag:eurotrack.ai,2026:b217ed8c:en</id>
    <updated>2026-07-24T06:00:00Z</updated>
    <summary>On 24 July 2026, alongside its half-year results, the board of Finnish engineering group Valmet initiated a strategic review of whether its two core segments, Biomaterial Solutions and Services and Process Performance Solutions, would create more value as two standalone companies listed on Nasdaq Helsinki than under the current combined structure. Both segments already report separately and are, according to the announcement, largely independent, profitable businesses of sufficient scale. Valmet explicitly stresses that there is no guarantee the review will lead to any transaction; a separation will only be executed or recommended if clear evidence of added shareholder value emerges. An update is promised at the latest with the full-year 2026 results. The share rose sharply on the day of the announcement. — Source: https://www.prnewswire.com/news-releases/inside-information-valmet-initiates-a-strategic-review-to-evaluate-a-potential-separation-of-its-two-segments-302833985.html</summary>
  </entry>
  <entry>
    <title>🤝 Iberdrola to acquire 80% of Finland's Caruna grid operator (Finland / Spain)</title>
    <link href="https://eurotrack.ai/en/developments/dda14494-iberdrola-to-acquire-80-of-finland-s-caruna-grid-operator/"/>
    <id>tag:eurotrack.ai,2026:dda14494:en</id>
    <updated>2026-07-21T06:00:00Z</updated>
    <summary>Spanish utility Iberdrola is acquiring an 80% stake in Caruna, Finland's largest electricity distribution network operator (89,000 km of network, around 1.5 million people served), for roughly €2bn; enterprise value including debt is about €5bn. Nordic pension funds AMF and Elo retain a combined 20%. The deal marks Iberdrola's entry into the Finnish market and expands its regulated networks business, which faces additional investment needs from electrification, data centres and renewables. Completion is expected in the first quarter of 2027, subject to customary approvals. Second sources: Bloomberg and Renewables Now (21/22 July 2026). Update (16.09.2026): The European Commission has cleared Iberdrola's acquisition of sole control of Caruna Networks Oy unconditionally in Phase I — the first regulatory approval for the transaction; Finnish approvals remain outstanding (Moncloa, 16.09.2026: https://www.moncloa.com/2026/09/16/bruselas-autoriza-iberdrola-caruna-3432272/). — Source: https://www.esgtoday.com/iberdrola-acquires-finlands-largest-electricity-distribution-company-at-e5-billion-valuation/</summary>
  </entry>
  <entry>
    <title>🤝 S-Pankki bids €571m for Oma Säästöpankki (Finland)</title>
    <link href="https://eurotrack.ai/en/developments/2da3a0bd-s-pankki-bids-571m-for-oma-saeaestoepankki/"/>
    <id>tag:eurotrack.ai,2026:2da3a0bd:en</id>
    <updated>2026-07-09T06:00:00Z</updated>
    <summary>Finland's S-Pankki (S Group, Helsinki) on 09.07.2026 launched a cash offer of €17.20 per share for listed Oma Säästöpankki, recommended by the target's board; this values the deal at around €571.4m and represents a 47% premium to the previous day's closing price. Oma Säästöpankki serves more than 200,000 retail and corporate customers through 48 branches with about 600 staff; S-Pankki aims to gain scale and efficiency from the combination. Approvals from the ECB and the competition authority are among the conditions, with completion planned for the fourth quarter of 2026 (S-Pankki press release, 09.07.2026). Update (28.09.2026): after the offer period closed on 25.09.2026, the preliminary result shows about 96.58% of shares tendered; the final result is due around 30.09.2026 and payment of the offer price is scheduled for around 07.10.2026 (S-Pankki stock exchange release via GlobeNewswire, 28.09.2026). Update (7 Oct 2026): S-Pankki acquired 96.78% of all Oma Säästöpankki shares in the offer; a statutory squeeze-out and a subsequent offer period are to follow (Taloustaito, 1 Oct 2026). — Sources: https://www.s-pankki.fi/fi/tiedotteet/2026/sisapiiritieto-s-pankki-oyj-julkistaa-suositellun-1720-euron-osakekohtaisen-vapaaehtoisen-julkisen-kateisostotarjouksen-kaikista-oma-saastopankki-oyjn-osakkeista/ · https://www.taloustaito.fi/Rahat/s-pankki-osti-oma-saastopankin--muutos-ei-vaadi-asiakkailta-toimenpiteita/</summary>
  </entry>
  <entry>
    <title>🤝 Fortum to acquire Elmera for about NOK 5.1bn (Finland / Norway)</title>
    <link href="https://eurotrack.ai/en/developments/2aaeb1cd-fortum-to-acquire-elmera-for-about-nok-5-1bn/"/>
    <id>tag:eurotrack.ai,2026:2aaeb1cd:en</id>
    <updated>2026-06-29T06:00:00Z</updated>
    <summary>Finnish energy group Fortum and the board of Elmera agreed on 29 June 2026 on a recommended voluntary cash offer for all shares of the Norwegian power and energy services company at NOK 47 per share, about 59% above the 24 June 2026 closing price; the total value is around NOK 5.1bn. Major shareholders holding about 30.4% had signalled their support. Update (23 Oct 2026): settlement of the offer has been completed and Fortum holds about 91.9% of the capital; a compulsory acquisition of the remaining shares and a delisting from Oslo Børs are planned (Fortum, 29 Jun 2026; Oslo Børs, 23 Oct 2026). Update (30 Oct 2026): Fortum has resolved a compulsory acquisition of all remaining Elmera shares at NOK 47 per share and now owns all shares; payment is due by 5 Nov 2026 (Oslo Børs, 30 Oct 2026). — Sources: https://www.fortum.com/media/2026/06/inside-information-agreement-between-elmera-group-and-fortum-recommended-voluntary-cash-tender-offer-shareholders-elmera-group · https://newsweb.oslobors.no/message/684676 · https://newsweb.oslobors.no/message/685254</summary>
  </entry>
  <entry>
    <title>🤝 Kesko to acquire Dahl businesses in Sweden, Norway and Denmark (Finland / Sweden / Norway / Denmark / France)</title>
    <link href="https://eurotrack.ai/en/developments/e04b2cf7-kesko-to-acquire-dahl-businesses-in-sweden-norway-and/"/>
    <id>tag:eurotrack.ai,2026:e04b2cf7:en</id>
    <updated>2026-06-15T06:00:00Z</updated>
    <summary>On 15 June 2026 Kesko agreed to buy the building-services wholesalers Dahl in Sweden and Brødrene Dahl in Norway and Denmark from the French group Saint-Gobain, the largest acquisition in its history. The price is €1.2bn on a debt-free basis, or €1.518bn including lease liabilities; the businesses had sales of almost €2.1bn in 2025 and, according to Kesko, run about 190 outlets with around 2,700 staff. They are to continue as three units under their own brands. The deal is initially financed with a bridge loan from Danske Bank and Nordea (Kesko release of 15 Jun 2026, published by Arctic Today). Update (24 Sep 2026): The European Commission cleared the deal unconditionally; Kesko expects completion by the end of 2026 (Kesko). Update (8 Oct 2026): Kesko plans a rights issue of about €500–700m to refinance part of the bridge loan and has called an extraordinary general meeting for 30 October 2026 (Kesko, 8 Oct 2026). — Sources: https://www.arctictoday.com/%F0%9F%87%AB%F0%9F%87%AE-kesko-to-strengthen-its-technical-trade-by-acquiring-dahls-operations-in-sweden-norway-and-denmark/ · https://www.inderes.fi/releases/k-ryhma-european-commission-unconditionally-approved-the-transaction-in-which-kesko-acquires-dahl-operations-in-sweden-and-brodrene-dahl-operations-in-norway-and-denmark · https://news.cision.com/fi/k-ryhma/r/kesko-suunnittelee-noin-500-700-miljoonan-euron-suuruista-b-osakkeiden-merkintaoikeusantia-dahlin-ru,c4406010</summary>
  </entry>
  <entry>
    <title>🤝 Supercell to take full ownership of Merge Mansion developer Metacore (Finland)</title>
    <link href="https://eurotrack.ai/en/developments/7780194f-supercell-to-take-full-ownership-of-merge-mansion-developer/"/>
    <id>tag:eurotrack.ai,2026:7780194f:en</id>
    <updated>2026-05-05T06:00:00Z</updated>
    <summary>Supercell announced on 5 May 2026 that it would bring Merge Mansion into its portfolio and acquire the remaining shares in Helsinki studio Metacore; no price was given (Supercell, 5 May 2026). Update (19 October 2026): the acquisition has been completed and Metacore is now wholly owned by Supercell (MobileGamer.biz, 19 October 2026). — Sources: https://supercell.com/en/news/merge-mansion/ · https://mobilegamer.biz/supercell-has-completed-its-acquisition-of-merge-mansion-maker-metacore/</summary>
  </entry>
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