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Finnish company Fortum has signed agreements with two investment companies to buy a further stake in Uniper for 2.3 billion ($2.5 billion).

Date: Thursday, 10 October 2019
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Finnish utility Fortum on 28 August announced that it had developed the world's first fully dynamic and interactive virtual reality (VR) control room for training operators at its Loviisa nuclear power plant.

Date: Wednesday, 11 September 2019
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Posiva has been developing a solution for final disposal since the 1970s at the Onkalo characterisation facility. Photo courtesy Posiva. Finnish nuclear waste management company Posiva and construction company YIT have signed a €17m contract for the second phase of excavation works at the final disposal facility at Olkiluoto in in the southwest of Finland.

Posiva said the contract covers the excavation work for two central tunnels and five deposition tunnels connected to them.

The work will start towards the end of 2019 and is expected to take about two-and-a-half years.

Date: Saturday, 31 August 2019
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Finnish waste management company Posiva today announced the start of construction of the used fuel encapsulation plant at the Olkiluoto site in western Finland. Installation of the necessary systems within the underground disposal chambers is also set to begin soon.

Date: Tuesday, 25 June 2019
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Finnish power companies are looking for ways to streamline licensing and qualification processes through a new project started last year called KELPO. The first part of the project has been completed and it is moving ahead to the pilot phase, writes Tuomo Huttunen, senior advisor on nuclear power at Finnish Energy, which represents about 260 companies that produce, acquire, transmit and sell electricity, gas, district heat and district cooling and offer related services.

Date: Monday, 08 April 2019
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Construction of Finland’s Hanhikivi 1 NPP to be built with Russian assistance in Pyhäjoki is to be delayed by four years, project owner Fennovoima announced on 21 December. The Hanhikivi 1 plant was first approved for construction by the Finnish parliament in 2010. However, the completion date has been pushed back and is now slated to begin in 2028.

Date: Wednesday, 02 January 2019
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The Environmental Impact Assessment (EIA) for disposal of used nuclear fuel from Finland's Hanhikivi-1 NPP being built by Russian state nuclear corporation Rosatom at Pyhäjokil has been submitted to the Finnish Ministry of Employment and the Economy (MEE) by operator Fennovoima Oy. This followed signing of a service agreement between Fennovoima Oy and Posiva Solutions Ltd, a marketing division of Posiva Oy, which will enable Fennovoima to benefit from Posiva Oy's expertise in used fuel management.

Date: Monday, 27 June 2016
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In a written statement to the Finnish Ministry of Employment and the Economy on 3 May, the Swedish Radiation Safety Authority (SSM) said there is no reason why Finnish company Fennovoima should not be granted a licence for construction of the Hanhikivi-1 NPP at Pyhäjoki in northwest Finland. Hanhikivi-1 will be a 1,200MWe VVER pressurised water reactor of the Russian AES-2006 type. It is scheduled to enter commercial operation in 2024.

Date: Wednesday, 04 May 2016
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Sweden can continue to tax nuclear power production following a ruling in the government's favour by Europe's highest court. The European Court of Justice's seventh chamber decided that the tax does not fall within the scope of two European Council Directives and is therefore a national, rather than European Commission, matter.

Date: Thursday, 01 October 2015
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Russia's concern Titan-2, the principal contractor for the Hahikivi nuclear project, to be built at Pyhäjoki in northern Finland, has selected its first Finnish sub-contractor, Destia Ltd.

Date: Monday, 17 August 2015
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