8 posts found.
Selected Category: CFO Insight
CFO insight into Q3 2023
Finnfund’s investment portfolio continued to grow in the third quarter of 2023, reaching a value of EUR 729 million, which is an increase of EUR 31 million (+4%) from the year-end 2022. During the first nine months of the year, 28 new investment decisions were made worth EUR 221 million. In the third quarter of the year, […]
Read moreDecember 21, 2023
CFO insight into Q2 2023
Finnfund continued active origination of new investment opportunities in the second quarter of 2023. During the quarter, eighteen new investment decisions were made worth EUR 171 million. The portfolio value was EUR 700 million, representing an increase of EUR 2 million from the year-end 2022. Inflationary pressures have continued to raise the USD and EUR […]
Read moreAugust 29, 2023
CFO insight into 2022 and Q1: Positive result – positive outlook
Our Annual Report 2022 has been published, and I am happy to say that despite the global and local economic and political challenges, the year was a successful one. The project preparation targets for 2022 – 230 million euros and 22 projects – were clearly exceeded: a total of 28 new projects totalling 246 million […]
Read moreMay 31, 2023
CFO insight into Q3: Towards the end of the year
The third quarter of the year was marked by finalisation of Finnfund’s first Sustainability Bond Framework, launched at the beginning of October and followed by an issuance of a EUR 75 million sustainability bond. In addition, Finnfund’s investments continued to grow also in the third quarter of 2022, reaching a portfolio value of 707 million euros, […]
Read moreNovember 30, 2022
CFO insight into Q2: Keeping up the speed
The second quarter of 2022 continued to be a good one for Finnfund. Finnfund continued growing in the second quarter of 2022, reaching a portfolio value of 684 million euros, which is an increase of 26 million euros (+4%) from the year end 2021. 13 new investment decisions were made during the first two quarters, […]
Read moreSeptember 7, 2022
CFO insight into Q1: An active start for 2022
The first quarter of the year was marked by the Russia’s war in Ukraine as well as the continuous fight against the COVID-19 crisis and challenges in many markets. Despite the challenging situation, Finnfund had an active start of the year: In Q1, Finnfund made six new investment decisions, with a combined value of 78 […]
Read moreJune 7, 2022
CFO’s insight into Q3: Navigating through challenging times
The COVID-19 pandemic and the challenges in the global economy are not over yet. However, I am happy to see that at Finnfund we have been able to navigate through these challenging times. In Q3, our activities remained at high level: Since the beginning of the year 2021, Finnfund has made 22 new investment decisions, worth […]
Read moreNovember 12, 2021
CFO’s insight into H1: Keeping up the good work
The holiday season is over, nevertheless, I feel inspired when looking back over the past six months: 17 new investment decisions and 12 new investment agreements, a new statement on climate and energy, and a new global commitment to raise a further USD15 billion for gender-smart investments. And so forth. Despite the challenges caused by […]
Read moreSeptember 1, 2021