20.2.2026

C&S authors the Chambers Mining 2026 Global Practice Guide’s Finland Chapter

Castrén & Snellman has authored the Finland Chapter to the Chambers Mining 2026 Global Practice Guide, providing an in-depth analysis of the legal framework and key aspects governing Finland’s mining sector.

The Mining 2026 guide provides a comprehensive overview of the legal and regulatory framework on the mining sector in Finland, including the information on:

  • The mineral rights
  • Environmental protection requirements and community engagement obligations
  • The impact of climate change legislation and ESG considerations on mining operations
  • Mining investments and finance
  • Taxation on mining
  • Trends and developments of Finland’s mining sector

The Finland Chapter delves into the core structure of mining legislation, highlighting the mining sector’s increasingly important role as one of Finland’s key industries, driven by the country’s good geological potential, particularly given its significance in the green transition. It also examines the regulatory and fiscal treatment of mining and exploration, as well as current trends shaping the future of Finland’s mining sector.

The Finland Chapter is now available in the Chambers Mining 2026 Global Practice Guide, an essential resource for mining industry professionals and legal practitioners worldwide.

The Finland Chapter was authored by Castrén & Snellman’s experts Tarja Pirinen, Fiiu Linninen, Marius af Schultén, Konsta Peussa and Noora Ahonen.

Castrén & Snellman advises Finnish and international clients on complex environmental and mining law matters, transactions, financing, dispute resolution and the full scope of business law throughout the entire lifecycle of mining projects.

Latest references

We are acting as Finnish legal advisor to HANZA in connection with its acquisition of Fortaco Finland’s heavy mechanics and assembly business. The transaction is structured as a combined asset and share acquisition and includes Fortaco Finland’s heavy mechanics and assembly operations in Finland, as well as shares in two Estonian and two Polish subsidiaries. The transaction is expected to close during the fourth quarter of 2026, subject to customary closing conditions, including regulatory approvals. Founded in 2008, HANZA is a Swedish mechanical engineering and electronics contract manufacturing company listed on the Nasdaq Stockholm main list. HANZA has approximately 5,000 employees and annual sales of SEK 10 billion. We advise HANZA on this transaction in collaboration with the Swedish law firm Lindahl.
Case published 15.7.2026
We acted as Finnish counsel to RVRC Holding AB (RevolutionRace) in its acquisition of 90.1% of the shares in ICANIWILL AB (ICIW). Mannheimer Swartling (Sweden) acted as lead counsel for RevolutionRace. ICIW, founded in Sweden in 2012, is a Swedish training apparel brand.  RevolutionRace is a fast-growing Swedish outdoor brand offering multifunctional products to people with an active lifestyle. The company operates with a digital D2C business model reaching customers in approximately 40 countries. The company is listed on Nasdaq Stockholm since 2021. 
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We advised Suominen Corporation in connection with its rights issue. The offering was oversubscribed, and the company raised gross proceeds of approximately EUR 28 million. We also advised Suominen in connection with the renegotiation of the terms of the company’s three-year EUR 100 million syndicated credit facility, under which the maturity was extended and headroom was added to the financial covenants. “I would like to thank our shareholders for their support and confidence in Suominen’s future. The completion of the Offering will enable us to accelerate the implementation of our Full Potential Program while strengthening our capital structure. Our transformation particularly focuses on enhancing the reliability and efficiency of our production and supply, and on reinforcing our commercial capabilities, allowing us to better meet the expectations of our customers and shareholders”, comments Charles Héaulmé, President and CEO of Suominen. Suominen is a nonwovens manufacturer operating in global markets. Suominen creates value by taking fiber raw materials and turning them into nonwovens that the company’s customers convert into both consumer and professional end products. Suominen’s vision is to be the frontrunner for nonwovens innovation and sustainability. Suominen’s net sales in 2025 were EUR 412.4 million and the company has almost 700 professionals working in Europe and in the Americas. Suominen’s shares are listed on Nasdaq Helsinki.
Case published 6.7.2026