Insights

Vesa Varjonen, Vice President of Research and Technology at Planmeca and Matti Heikkilä, CTO of MetGen have been chosen as CTOs of the Year 2018.  The jury consisting of leading Finnish technology influencers emphasized the significant role of the awarded CTOS on renewal of the industry. The CTO of the Year Awards are given by Spinverse together with Technology Industries of Finland and Business Finland to highlight the importance of Chief Technology Officers work on the future competitiveness of Finnish industries. 

Talouselämä - a Finnish language weekly financial and business magazine - has just published a multi-page article (in Finnish) covering recent developments on the Kaidi Finland's biorefinery large scale investment project.

The European Commission has decided to grant EUR 88,5 million of NER 300 investment subsidies for the biofuel refinery planned by Kaidi in Ajos, Kemi. NER 300 is one of the world's largest funding programmes for innovative low-carbon energy demonstration projects. The application was prepared by Spinverse.

Finnish politician, former chairman of the Swedish People's Party and the former Minister of Defence of Finland Carl Haglund to accelerate Kaidi Group’s growth in Europe in the rank of Vice President.

Following the universal tendency, the European Union is striving to achieve ambitious energy and climate targets by 2020, including 10% requirement of renewable fuels in the transport sector. In many of those energy conservation measures and in terms of efficiency of energy use, Finland numbers among the leading countries in the world. Finland relies heavily on the energy efficiency as the source of most of the country’s cleantech business value.

Bioenergy – a renewable energy derived from biomass – is playing a vital role in many geographical areas. Currently, it is estimated to provide around 10% of the world’s primary energy supply.
In accordance with a global trend, Finland is acknowledged for its long and successful history in bioenergy, especially in forest biomass-based solutions. The high performance in turn has been enabled by innovative technology and engineering solutions as well as strong supporting research sector.