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Showing 1 to 19 of 19 entries.
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17.12.2024 | The European Commission has launched a coalition to promote financing for energy efficiency initiatives. The aim is to create a favourable market environment for energy efficiency investments and to increase private funding for the sector to help the EU achieve its energy and climate targets for 2030 and 2050. The coalition is involved in both EU-level and national activities.https://tem.fi/en/-/eu-level-coalition-to-promote-energy-efficiency-funding-motiva-to-chair-finland-s-national-hub
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2.9.2022 | A working group of State Secretaries was tasked to examine how Russia’s attack on Ukraine has affected the economy of eastern Finland and what measures are needed to strengthen the region’s vitality. The working group has proposed to the Government short-term measures for the 2023 budget proposal, reallocation of funding using existing funding sources, and long-term measures. The measures focus...https://tem.fi/en/-/government-to-increase-vitality-of-eastern-finland-by-investing-in-rail-transport-and-competence-building
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19.1.2024 | Finnvera is a very important player in the financing sector of Finnish SMEs, which performs its basic tasks professionally. Its service processes are efficient and high in quality, and it regularly receives excellent customer feedback, finds an assessment of Finnvera carried out by 4FRONT Oy and published by the Ministry of Economic Affairs and Employment on 19 January 2024.https://tem.fi/en/-/assessment-finnvera-performs-its-tasks-with-high-quality-and-efficiency
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15.8.2023 | Finnish Industry Investment Ltd (Tesi) plays a significant role in the Finnish capital investment market and its operations are considered to be of high quality and expertise. According to an evaluation published on 15 August 2023, Tesi has also become an important player in producing information, providing sparring and building networks. The evaluation was commissioned by the Ministry of Economic Affairs and Employment and conducted by 4FRONT.https://tem.fi/en/-/evaluation-finnish-industry-investment-provides-high-quality-and-expert-services
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23.6.2022 | A report published by the Ministry of Economic Affairs and Employment on 23 June 2022 evaluates the development of international and national funding for the green transition in the coming years and analyses its significance for the renewal of Finnish business and industry.https://tem.fi/en/-/report-evaluates-green-transition-funding-as-part-of-growth-policy
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21.9.2023 | On 21 September 2023, the Government authorised the Ministry of Economic Affairs and Employment to acquire Climate Fund’s (Ilmastorahasto Oy) 8.31 per cent shareholding in Neste Corporation to return the shares to direct state ownership. A total of 63,894,123 shares will be transferred to the state at the same value as they were originally transferred to the company without monetary consideration.https://tem.fi/en/-/climate-fund-s-neste-shares-returned-to-direct-state-ownership
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8.12.2023 | Maarit Merla has been appointed Managing Director of Finnish Drug Discovery Center Ltd. She will start in the position on 1 January 2024. Finnish Drug Discovery Center Ltd is a wholly state-owned company with special assignment, which belongs to the administrative branch of the Ministry of Economic Affairs and Employment and falls under its ownership steering. The company serves universities and research institutes, operators in clinical drug research and companies in the sector across Finland.https://tem.fi/en/-/maarit-merla-appointed-managing-director-of-finnish-drug-discovery-center-ltd
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24.11.2022 | On 24 November 2022, the Government authorised the Ministry of Economic Affairs and Employment to make on its behalf a EUR 200 million gratuitous investment in the Climate Fund’s reserve of unrestricted equity. The capitalisation would occur in one instalment in 2022.https://tem.fi/en/-/state-to-capitalise-climate-fund-by-eur-200-million
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2.9.2019 | A working group tasked with assessing the legal standards that regulate the investment activities of the National Nuclear Waste Management Fund and the investment instruments available to it submitted its report to Minister of Economic Affairs Katri Kulmuni on 2 September 2019. The working group proposed various ways of improving the regulation and administration of the investment of assets under the Fund’s management.https://tem.fi/en/-/raportti-valtion-ydinjatehuoltorahaston-sijoitustoiminnan-tuottavuutta-mahdollista-kehittaa
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18.4.2023 | The working capacity programme sought solutions to the known employment problems of people with impaired capacity to work in 2019–2023. At the same time, the programme developed more effective services to support working capacity. The final report of the working capacity programme contains information on the programme measures and their results.https://tem.fi/en/-/workiworking-capacity-programme-ends-but-some-measures-will-continue-in-the-new-government-term
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3.9.2019 | Finnvera and the European Investment Fund (EIF) have signed a guarantee agreement that provides growth-driven Finnish companies access to new loans to the sum of EUR 190 million over the next two years.https://tem.fi/en/-/kasvuhakuisten-pk-yritysten-rahoitusmahdollisuudet-paranevat-finnvera-ja-euroopan-investointirahasto-sopivat-190-milj-euron-rahoituksesta-suomalaisyri
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23.4.2020 | The Government enables the provision of additional financing of EUR 10 billion to businesses through Finnvera, a state-owned specialised financing company, by increasing its domestic financing. The additional financing would mainly be used for guarantees to help companies get loans from banks in the coronavirus situation.https://tem.fi/en/-/finnveran-rahoitusvaltuuksia-korotetaan-koronaviruksen-vuoksi-lisarahoitusta-10-miljardia-euroa
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3.4.2020 | The Government is taking various measures to ensure that businesses will be able to continue operating on a profitable basis after the coronavirus crisis is over. Both direct business subsidies and guarantees for loans are made available to businesses. As the most recent measure, on 14 April 2020 the Finnish Industry Investment Ltd Tesi will launch a new funding programme for medium-sized enterprises. The State allocates EUR 150 million for this programme.https://tem.fi/en/-/hallitus-tukee-yrityksia-koronavirustilanteessa-uusi-rahoitusohjelma-keskisuurille-yrityksille
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11.11.2016 | On 10 November 2016, the Government presented legislative proposals to Parliament that aim to ensure more competitive financing for Finnish companies engaged in exporting capital goods and thus to improve their export opportunities.https://tem.fi/en/-/hallitus-esittaa-parannuksia-vientirahoitukseen
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13.8.2021 | “The ministry's draft budget is aimed at boosting sustainable growth. We will invest in good management of employment, skills, innovations, low carbon solutions and digitalisation,” say Minister of Employment Tuula Haatainen and Minister of Economic Affairs Mika Lintilä about the draft budget of the Ministry of Economic Affairs and Employment for 2022.https://tem.fi/en/-/draft-budget-of-the-ministry-of-economic-affairs-and-employment-for-2022-aiming-to-boost-sustainable-growth
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13.9.2016 | The Government proposes funding of EUR 28 million for construction of the Balticconnector gas pipeline between Finland and Estonia. The funding, in the form of capitalisation for the state-owned company Baltic Connector Oy, will be included in the third supplementary budget proposal for 2016 to be presented in October.https://tem.fi/en/-/hallitus-linjasi-28-miljoonan-euron-rahoituksesta-balticconnector-kaasuputken-rakentamiseen
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21.4.2018 | The minister of the environment, energy and housing Kimmo Tiilikainen has announced the opening of the new Finland Chamber of Commerce in India (FINCHAM). The opening ceremony took place in New Delhi on 20 April.https://tem.fi/en/-/ministeri-tiilikainen-avasi-suomalaisen-kauppakamarin-intiassa
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26.10.2017 | The Government has today submitted a bill for an Act on Business Finland. Business Finland will bring under the same roof all the present services of the Finnish Funding Agency for Innovation (Tekes) and Finpro related to innovation funding and internationalisation as well as to the promotion of exports, foreign investment in Finland and tourism.https://tem.fi/en/-/ministeri-lintila-business-finland-parantaa-yritysten-palvelua
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18.7.2016 | The European Commission has decided to allocate funding to the Finnish Baltic Connector Oy and the Estonian Elering AS for the construction of the Balticconnector gas pipeline between the two countries.https://tem.fi/en/-/balticconnector-avaa-suomen-kaasumarkkinat