AGP Executive Report
Last update: an hour agoTrade: The US overtook Sweden as Finland’s largest export market in August, with shipments reaching €1bn, up 224% year on year. Total goods exports rose 21.8%, led by pharmaceuticals, though Finland recorded a €1.1bn trade deficit. Data Centres: French firm Sesterce is proposing an AI campus of up to 600MW and €10bn at a former industrial site. Google, meanwhile, has been ordered to halt work at Finnish data-centre sites after forest-clearing raised environmental concerns. Energy: Nala Renewables has begun building a 250MWh Finnish battery project, as developers expand storage capacity. Logistics: Urban Partners agreed to sell Catena a 10-property Finnish logistics portfolio for €191m, adding 142,300 square metres to Catena’s Nordic platform. Industry: Finnish industrial output fell for a second month, while Nokia plans to cut 253 jobs in Finland.
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