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23.11.2023 | On 23 November 2023, the Government authorised the Ministry of Economic Affairs and Employment to capitalise Drug Development Centre Oy by EUR 20 million. The company’s task is to evaluate early-stage drug development projects and turn them into commercially viable products and companies worthy of capital investment.https://valtioneuvosto.fi/en/-/1410877/drug-development-centre-granted-eur-20-million-in-capital
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13.4.2023 | Russia’s war of aggression in Ukraine and the energy crisis that characterised the whole year affected the operations of state-owned companies and ownership steering in many ways in 2022.https://valtioneuvosto.fi/en/-/russia-s-war-of-aggression-and-energy-crisis-challenge-state-s-corporate-portfolio-property-income-totals-eur-1.4-billion
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17.12.2024 | The European Commission has launched a coalition to promote financing for energy efficiency initiatives. The aim is to create a favourable market environment for energy efficiency investments and to increase private funding for the sector to help the EU achieve its energy and climate targets for 2030 and 2050. The coalition is involved in both EU-level and national activities.https://valtioneuvosto.fi/en/-/1410877/eu-level-coalition-to-promote-energy-efficiency-funding-motiva-to-chair-finland-s-national-hub
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13.6.2024 | The State and the shareholder municipalities of West Railway Ltd – Turku, Espoo, Salo, Lohja, Vihti and Kirkkonummi – have been negotiating on the terms and conditions of the pre-agreement which will enable the transition to the construction phase of the West Railway. Helsinki, which was involved in the planning phase of the project, will not take part in funding the construction phase.https://valtioneuvosto.fi/en/-/1410829/the-shareholders-of-west-railway-ltd-reach-a-preliminary-understanding-on-the-terms-and-conditions-of-the-pre-agreement-on-the-construction-phase