12.11.2021

Career Stories: Minna Korhonen

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Partner Minna Korhonen handles demanding financing assignments, real estate transactions, and insolvency and corporate law assignments

Minna joined Castrén & Snellman in 2018. Before joining the firm, she had worked as counsel at another large law firm, as an associate at a smaller firm and as a lawyer at the Ministry of Foreign Affairs.

Minna is extremely happy in her current position.

‘My experience has been that we have low team boundaries, which makes us a genuine full-service firm. We have been successful in highly demanding projects that require a wide range of expertise. Clients know that we will handle their assignments comprehensively, which is a real benefit. Work days can sometimes be long, but the work itself is interesting and my colleagues are great, which balances things out. Our warm work community, meaningful work and the clients I get to work with are what drive me forward.’

A Transaction Lawyer Through and Through

When she was little, Minna dreamed of being a paediatrician, but does not regret going into business law instead.

What interests Minna in finance is how challenging and complex the assignments are and how different each work day is.

‘Our client might be either a bank or other financial institution providing financing or a company taking out a loan. The work is more than just reviewing financing documentation, it also requires understanding the projects or transactions that are being financed, which can come in all shapes and sizes. We might be working on a real estate development project one day and working to secure financing for a transaction the next. Finance touches on many fields of law, and we often work with our firm’s other teams on assignments. We do a lot of work with our Real Estate Investments & Transactions, Environment, Infrastructure & Natural Resources and Mergers & Acquisitions teams in particular.’

Sustainability Leading the Way Forward

Green financing is a trending topic in the field at the moment along with sustainability issues in general.

Minna notes that financing is a good way to promote sustainable development and combat climate change: every project needs financing, be it an acquisition or a development project.

The pace of change relating to sustainability has been rapid and has an impact on practical client work.

‘Sustainability goals are guiding the operations of an increasing number of companies. Our firm is a forerunner in sustainability matters, which is a huge benefit for our clients. Sustainability in commerce and industry means building good business for the future, and that is something we want to support.’

Latest references

We successfully represented a Finnish construction management consultancy and a safety coordinator employed by the company in criminal proceedings concerning an alleged occupational safety and health offence. The prosecutor sought a penalty for an alleged breach of occupational safety regulations. The charge arose from a fall accident at a construction site where our client acted as the safety coordinator appointed by the developer. We assessed the scope of the safety coordinator’s duties in relation to the responsibilities of the main contractor, as well as how our client had fulfilled their obligations in practice. We demonstrated that our client had acted with due care and in full compliance with their duties throughout the planning, preparation and execution of the construction project. The District Court of Eastern Uusimaa dismissed the charge against our client. The Court held that our client, in their capacity as safety coordinator, had duly fulfilled the occupational safety obligations incumbent on the developer during the planning and preparation phases of the construction project and had not been aware of the fall protection deficiency identified at the site. The judgment is final insofar as our client is concerned.
Case published 22.6.2026
We advised Efima Oyj on the sale of its financial management services business to Rantalainen as part of its strategic focus on fully concentrating on the delivery of business applications as well as data and AI solutions. As a result of the transaction, customer contracts related to financial management services and 65 experts working in these services will transfer to Rantalainen. The transaction will be carried out as a transfer of business, and the experts will move to the new owner as existing employees. Efima is a Finnish digital company that supports the sustainable growth of large and mid-sized companies by streamlining their business processes and by creating competitive advantage through the innovative use of artificial intelligence and data. The company has nearly 200 experts based in Helsinki and Tampere.
Case published 12.6.2026
We advised lead investor Ugly Duckling Ventures on the EUR 6.5 million funding round of Skyfora. The round also included Eviny Ventures, LUMO Labs and EIC Fund, alongside non-dilutive funding from Business Finland. The investment will support the commercial scale-up of Skyfora’s weather intelligence solutions, the expansion of partnerships with telecom operators, forecasting providers and meteorological institutions, and the continued growth of the team. Skyfora is a Finnish company developing high-resolution weather data solutions using patented technology that extracts atmospheric data from GNSS receivers embedded in existing infrastructure, such as telecom networks. By unlocking previously untapped data sources, Skyfora enables the next generation of AI-driven weather forecasting and supports improved decision-making across weather-sensitive industries. Ugly Duckling Ventures is a Copenhagen-based venture capital firm focused on early-stage Nordic B2B technology companies, with an emphasis on medtech, resilience tech and business services.
Case published 10.6.2026
castren snellman general atlantic iceye
We advised General Atlantic as the lead investor on ICEYE’s EUR 1 billion series F funding round, valuing the company at over EUR 10 billion. ICEYE raised EUR 450 million (USD 520 million) in a primary Series F funding round led by General Atlantic. Additional investors included Solidium, Tesi, Varma, Ilmarinen, Lifeline Ventures, Nokia, Qatar Investment Authority (QIA) and TCV. Together with a secondary placement, the total fundraising exceeds EUR 1 billion. ICEYE is the world leader in sovereign intelligence from space, providing continuous monitoring capabilities to detect and respond to changes in any location on Earth. The company operates the world’s largest and most advanced Synthetic Aperture Radar satellite constellation. General Atlantic is a leading global investor with more than four and a half decades of experience providing capital and strategic support for over 885 companies throughout its history. As of March 31, 2026, General Atlantic manages approximately USD 126 billion in assets across its investment strategies. We advised General Atlantic on this transaction in collaboration with the international law firm Paul, Weiss, Rifkind, Wharton & Garrison.
Case published 9.6.2026