Castrén & Snellman was selected as Scandinavian Firm of the Year at the Women in Business Law Awards EMEA for the third year running. In addition, our firm received the Work-Life Balance National Firm of the Year and Diverse Women Lawyers National Firm of the Year awards for the first time.
29.6.2023
Four wins for Castrén & Snellman in Women in Business Law Awards EMEA 2023
Partner Pauliina Tenhunen, who has been with Castrén & Snellman for over 30 years, received the Outstanding Achievement award. The recipients of personal awards are decided based on their professional accomplishments as well as advocacy and influence within their field.
‘These acknowledgements mean a great deal to us, as equality has been a key target for us for a long time. My younger colleagues are always amused when I tell them how I was the only woman lawyer at Castrén & Snellman in the early 90s. That seems like a very distant past now that over half of our lawyers and a third of our partners are women,’ says Tenhunen.
A Forerunner in Equality
For Castrén & Snellman, equality is not just equality between genders. As part of our equality work, we have continued our diversity training for the entire personnel, and all of our new employees take part in an induction course on diversity.
The Women in Business Law EMEA awards are granted to law firms as recognitions of their efforts in helping women to advance in the legal profession in the EMEA region. In addition, the awards highlight the most ground-breaking achievements by leading women lawyers. The WIBL Awards are organised in cooperation with IFLR, ITR, Managing IP, Benchmark Litigation and Euromoney Legal Media Group Expert Guides. To read more, visit the Women in Business Law Awards EMEA 2023 web page.
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We advise Fingrid Oyj in a transaction in which Ilmarinen Mutual Pension Insurance Company is selling its holding of approximately 20 per cent of the shares in Fingrid to the Finnish State and OP Pohjola Kantaverkko Holding Ky. Fingrid owns Finland’s main electricity transmission grid and all significant cross-border transmission connections. The main grid is the backbone of the electricity transmission network, to which major power plants, industrial plants and regional electricity distribution networks are connected.
Case published 11.2.2026
Metsäkonepalvelu – Acquisition of PJP Metsäexpertit
We advised Metsäkonepalvelu Oy in its acquisition of the entire share capital of PJP Metsäexpertit Oy. PJP Metsäexpertit is a Pirkanmaa-based company specialising in forest management and logging. The acquisition will strengthen Metsäkonepalvelu’s operations, particularly in the Pirkanmaa region, and expand its operations. Metsäkonepalvelu is a portfolio company of A. Ahlström Oy, a Finnish family-owned industrial owner. Metsäkonepalvelu provides mechanical timber harvesting services to forest companies, large private forest owners, and the public sector in Finland and Sweden. Metsäkonepalvelu Group employs nearly two hundred forestry professionals.
Case published 6.2.2026
EcoUp – Directed share issue
We acted as legal adviser to EcoUp Oyj in a directed share issue, through which EcoUp raised a total of approximately EUR 3 million in gross proceeds to strengthen the company’s capital structure and finance its growth. The share issue was directed to a limited group of domestic investors, deviating from the shareholders’ pre-emptive subscription right. EcoUp’s shares are traded on the First North Growth Market Finland marketplace maintained by Nasdaq Helsinki. EcoUp promotes the green transition of the construction industry by producing carbon-neutral, energy-efficient and circular economy-based materials, services and technologies that help construction industry players reduce their environmental impact. The company has over 40 years of experience in developing and delivering circular economy solutions to customers.
Case published 29.1.2026
Brookfield – EUR 1 billion holdco financing for DayOne Data Centers
We advised a leading global investment firm Brookfield, alongside a global sovereign wealth investor, on the Finnish law aspects of a EUR 1 billion holdco financing for DayOne Data Centers, a Singapore-headquartered developer and operator of hyperscale data centres. Structured as a seven-year secured holdco financing facility of €500 million, expandable to €1 billion – and secured by DayOne’s Finland platform – the financing will support the rollout of hyperscale developments in Lahti and Kouvola, providing nearly 300MW of planned capacity across Finland. The proceeds will also support DayOne’s global expansion across the EU and APAC, with flexibility to allocate to other key growth markets as required.
Case published 29.1.2026