Castrén & Snellman’s full-service strategy has once again earned accolades from our clients: Chambers Europe has recognised our firm as one of the leading law firms in Finland in its latest annual report.
14.3.2024
Top rankings for Castrén & Snellman’s services in Chambers Europe 2024
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Our services achieved top rankings in 12 different categories, and 27 of our experts were acknowledged as leaders in their fields.
This acknowledgment reaffirms Castrén & Snellman’s position as a trailblazer in delivering exceptional legal services, spanning corporate transactions, dispute resolution, and the entire spectrum of business law. Moreover, we are honoured to be shortlisted once again for Finland Firm of the Year in the Chambers Europe Awards 2024.
Here are some excerpts from the feedback we received:
Banking & Finance – Band 1:
‘The lawyers are good at finding ways to proceed in situations where it seems that no way out will be found. They always have time to discuss and give guidance on matters.’
Capital Markets – Band 2:
‘The team has excellent knowledge. The lawyers always put the client’s interests first and are fully aware of the current market situation.’
Competition/European Law – Band 2:
‘The team provides pragmatic legal advice without taking any shortcuts, and is extremely knowledgeable within the legal fields.’
Corporate/M&A – Band 2:
‘Castrén & Snellman provides pragmatic legal advice without taking any shortcuts. The lawyers are extremely knowledgeable within their legal fields, about the different practice areas and about the Finnish and Nordic market.’
Dispute Resolution – Band 1:
‘The dispute resolution team at Castrén & Snellman are highly qualified and skilled, and able to handle complex matters while also taking into account the strategic and business aspects.’
Employment – Band 2:
‘The practice is extremely responsive, providing very direct and business-like advice.’
Energy & Natural Resources – Band 1:
‘Castrén & Snellman has a strong team with versatile competence which enables them to handle complex cases. The needed expertise is always there.’
Intellectual Property – Band 2:
‘Castrén & Snellman are amazing. Their advice is very pragmatic and adapted to our business needs. It comes with additional information and is detailed.’
Real Estate – Band 2:
‘The firm has broad expertise and the ability to serve clients on basically any legal topic, including complex situations.’
Restructuring/Insolvency – Band 1:
‘Castrén & Snellman is one of the highest quality law firms in Finland.’
Tax – Band 3:
‘Castrén & Snellman has wide-ranging expertise in cross-border tax planning and transactions. The law firm offers a full-service approach to clients through integration with other practice groups, including its well-reputed finance and corporate teams.’
TMT – Band 2
‘Castrén & Snellman has a respected practice with noteworthy expertise in data privacy and protection issues.’
The rankings are based on client feedback, supplemented by background information provided by law firms. For a more detailed look at the rankings, please visit the Chambers and Partners website.
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Nscale – Data centre project
Castrén & Snellman advised Nscale, a European AI infrastructure company, in connection with its planned data centre project in Harjavalta, Finland. The facility will be located in the Sievari industrial area. Castrén & Snellman’s advisory role encompassed the negotiation and execution of a site securing and development agreement (SSDA) with Fortum, as well as the preliminary land sale process for the Sievari site with the Town of Harjavalta. Under the SSDA, Fortum supports the advancement of Nscale’s project development, including grid connection design and permitting.
Case published 15.4.2026
Taaleri – Acquisition of a majority stake in Nordic Science Investments
We are acting as legal adviser to Taaleri Plc on its acquisition of a 51 per cent ownership stake in Nordic Science Investments Oy (NSI), marking Taaleri’s expansion into deeptech-driven venture capital. Through the transaction, Taaleri broadens its private equity offering into early-stage venture capital funds as well as the commercialisation and scaling of research-driven innovations. NSI is a Finnish venture capital fund manager operating across the Nordic and Baltic regions, focusing on early-stage investments in research- and science-based technologies. Its portfolio companies develop, among other things, health technologies, life sciences, advanced materials and AI-driven solutions. In addition to providing growth capital, NSI supports spin-out companies with strategic guidance, access to networks and assistance in building teams during the early phases of business development. NSI’s first fund, the EUR 45 million NSI Nordic Science I Ky, was established in 2024 and has to date invested in 22 early-stage companies in Finland, Sweden and the Baltic countries. Taaleri is a specialist in investments, private asset management and non-life insurance, with a strong position in renewable energy, bioindustry and housing investments as well as credit risk insurance. Taaleri has EUR 2.7 billion of assets under management in its private equity funds, co-investments and single-asset vehicles, employs approximately 130 people and is listed on Nasdaq Helsinki. The founders of NSI will continue in their operational roles following the transaction. The completion of the transaction is subject to approval by the FIN-FSA.
Case published 13.4.2026
Finnish Centre for Pensions – Information design workshop
We delivered two information design workshops for the legal department of the Finnish Centre for Pensions, with participants from both legal and other professional backgrounds. In the sessions, we applied the principles of legal design thinking to the Finnish Centre for Pensions’ field of operation and background materials, also utilising AI as a design tool. The participants found the tailored training highly useful and commended the trainers for their in-depth familiarisation with the Centre’s opinion drafting process and operating environment. As a result of the workshops, our experts proposed a new structural and linguistic model for the legal department of the Finnish Centre for Pensions for drafting opinions and guidelines. The proposal was well received as clear and applicable to the participants’ everyday work. In addition, we presented tailored AI use cases to support experts, allowing for a more efficient AI-assisted way of working. Our experts who delivered the workshops combined their legal expertise with their leading experience in legal design. The participants appreciated this versatile expertise, which enabled a knowledgeable, creative and applied approach to legal writing. ‘C&S created a well-structured training tailored to our needs, providing clear direction for our organisation and concrete takeaways for our experts in their day-to-day work,’ says Mari Kuunvalo, Head Of the Legal Department at the Finnish Centre for Pensions.
Case published 10.4.2026
Aktia Bank – EUR 80 million AT1 bond
We advised Aktia Bank Plc on the issuance of an EUR 80 million Additional Tier 1 (AT1) bond. The bond pays a fixed interest rate of 6.75 per cent semi-annually. The bond is perpetual, and Aktia has the right to redeem or repurchase it in accordance with the terms of the bond, subject to certain conditions. The bond was issued on 1 April 2026. In addition, we assisted Aktia in listing the bond on the Nasdaq Helsinki Ltd stock exchange. For the listing, we prepared Finland’s first EU Follow-on prospectus for a bond. The EU Follow-on prospectus was introduced on 5 March 2026 with an update to the Prospectus Regulation (EU) No. 2017/1129. The EU Follow-on prospectus is a new type of prospectus that can be used, among others, by issuers whose securities have been admitted to trading on a regulated market continuously for at least the 18 months preceding the offer to the public or the admission to trading on a regulated market of the new securities. A follow-on prospectus is simpler than a so-called traditional prospectus, and it is intended to avoid repeating information that the issuer has already disclosed. Nordea Bank Abp acts as the sole structuring advisor for the issue of the Notes. Nordea Bank Abp, Danske Bank A/S and ABN Amro Bank N.V. act as the lead managers for the issue of the Notes.
Case published 7.4.2026