An Introduction to Real Estate market and topical issues in Finland
Market Review Over the past year, the Finnish property market has been expecting a positive shift, but no such change has materialised, nor does it appear imminent. According to the latest market review published in November last year by KTI Finland, a Finnish research and advisory organisation specialising in the real estate sector, prime yields […]
Amendments to the Electricity Market Act facilitating hybrid project grid connections
Background Long awaited regulatory changes according to the government proposal 197/2024 amending the Electricity Market Act (588/2013) have been approved and will enter into force on 1 July 2025. While the amendments are primarily focused on retail market issues, one of the key changes is the removal of unnecessary legislative barriers for the purpose of […]
Dispute resolution and technology lawyer Risto Sandvik appointed as Head of Technology Disputes
HPP’s Risto Sandvik, an experienced dispute resolution and technology contract lawyer, has been appointed as Head of Technology Disputes in the Technology team as of 15 April. With this appointment, Risto will have increased responsibility for technology disputes, the technology services area and its development. Risto has extensive experience in both international and domestic arbitration […]
The Market Court significantly lowered the fine proposed by the FCCA to Attendo for obstructing an on-site inspection
The Market Court has significantly lowered a fine proposed by the Finnish Competition and Consumer Authority (“FCCA”) to Attendo Finland Ltd. (“Attendo”) for obstructing an on-site inspection carried out by the regulator. This was the first time a fine has been imposed in Finland for a procedural violation of the Finnish Competition Act. The FCCA […]
Tax Credit for large clean transition investments in Finland
In order to promote the net zero economy and accelerate the green transition, on 18 February 2025, the European Commission has approved a EUR 2.3 billion Finnish scheme to support investments in strategic sectors and to help industrial companies decarbonize their production processes. The scheme was approved under the State aid Temporary Crisis and Transition […]
An Introduction to Energy and Natural Resources market and current topical issues in Finland
Energy Sector The overarching aim of the Finnish government’s energy policy is to position Finland as a global leader in the transition to a green economy. Finland aims to be a world leader in zero-emission energy systems, the hydrogen economy and other climate and environmental solutions. The share of renewable energy will be further increased […]
HPP ranked again among the leading Finnish law firms in Legal 500
Once again, HPP has been highly ranked in 10 key categories of the latest edition of the Legal 500, 2025. We warmly thank our clients and colleagues for their recommendations and their trust in our teams and expertise. Maritime and transport (Tier 1) “Superb and professional support all the way. Engaged and high knowledge in […]
Approval of NIS2 Directive’s implementation into Finnish law
On Tuesday 13 March, the Finnish Parliament approved the implementation of the NIS2 directive in Finland, along with recent adjustments on the transition periods. The NIS2 Directive will be implemented primarily through a new Cybersecurity Act (in Finnish “kyberturvallisuuslaki”) and additionally through changes to other applicable legislations and regulations. However, Parliament has left the date […]
HPP highly ranked in Chambers Europe 2025
HPP continuously serves its clients at top European level. Our key practices and practitioners are recommended and ranked high again in Chambers Europe 2025. The ranking is based on law firm and client interviews about different firms and their lawyers. Chambers and Partners has ranked nine of our departments. In addition, Jaakko Klemettilä was ranked […]
The international security situation is reflected in possible changes to the Finnish screening act
Background The Finnish Act on the Screening of Foreign Corporate Acquisitions (statute 172/2012, as amended, in Finnish: laki ulkomaalaisten yritysostojen seurannasta, the “Screening Act”) has originally entered into force in 2012. In 2020, the Screening Act was extensively updated, whereby, inter alia, conditional approval of foreign acquisitions was made possible. In spring-winter 2025, the Ministry […]