A subtle wind of change is blowing in the Finnish economy that has continued to underperform this year. The market is waking up, and positive signs are growing stronger. Interest rates seem to be falling, which we expect to stimulate the market and hopefully kick-start the economy. There is a lot of work to do which has been left undone.
Despite these positive signals, Europe, including Finland, risks falling behind in the global race. The significant shifts of our time, such as the green transition and the rapid progress in artificial intelligence, present golden opportunities for business and growth. However, we must ask ourselves: Is our progress hindered by an overemphasis on an increasing amount of regulation, security and a tendency towards state-centred thinking?
In the United States AI solutions and green innovations are racing forward. The US is even expected to take the lead in commercialising the green transition. Meanwhile, Europe is busy crafting and refining regulations when we should be financing change and solutions.
Of course, we need regulation to ensure fair competition, sustainable development, and consumer protection. But regulation shouldn’t be an end in itself or become an insurmountable barrier to growth and development. A shift in this mindset would boost our competitiveness and create better conditions for turning the challenges of our time into sustainable business opportunities.
As the market finally begins to bounce back, we must seize the opportunity to drive growth. Change won’t happen on its own; it will require a united effort and policies that enable growth while ensuring sustainability without creating unnecessary obstacles. Now, it’s time to roll up our sleeves and work with our clients to foster growth and create sustainable success stories.
I wish our clients and business partners a delightful summer!
Latest insights
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Latest references
Fingrid – Ilmarinen’s sale of shares to the Finnish State and OP Pohjola Kantaverkko
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