Business Wire

OILON

Share
Oilon: Finnish Heat Pump Expertise Appraised as the Best in Europe

The Finnish energy technology company Oilon and energy company Helen have won the respected The Heat Pump Award in the DecarBuilding series with their mutually developed heat pump solution. The competition, arranged by the European Heat Pump Association EHPA since 2011, rewards most innovative and energy-efficient heat pump projects on the continent. The award was given in Brussels on Wednesday.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220929005541/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

Sales Manager Heli Liedes, Sales, Marketing Director Sami Pekkola and Chief Business Officer Martti Kukkola received the award in Brussels on Wednesday. (Photo: Business Wire)

The award was given for an apartment building built in the Finnish capital city of Helsinki, where a new type of heat pump solution was implemented. The heat pump is used to heat and cool down the building. The heat sources are the building’s waste water, the waste heat generated by the refrigerators and cooling systems of a food market located in the building, and geothermal heat. Additionally, when the amount of heat generated exceeds the consumption in the building, it will be supplied into the Helen network as district heat.

– Not a single joule of energy is wasted here, says Oilon Chief Business Officer Martti Kukkola.
– Even the energy generated by flushing the toilet is used.

The unique concept, born in partnership between the energy companies, has taken the energy efficiency and environmentalism of new construction projects to another level. It is a result of patient product development efforts done by Oilon in terms of heat pump technology and by Oilon and Helen together in terms of waste heat recovery.

The goal of two-way energy generation and use is to achieve full carbon neutrality in the production of heat and cooling. Heat pumps have a large role to play here.

– Many different means are needed on the road to carbon neutrality and energy independence, among which powerful heat pumps are some of the best, says Kukkola.

An intelligently reacting Oilon ChillHeat pump is the beating heart of the circular economy hybrid solution rewarded on Wednesday in Brussels as well, which is able to operate in different part load and temperature ranges.

– The most innovative aspect is that various heat sources can be utilised at different times of the year together at an optimal and carbon-neutral way, Kukkola explains.

Both Oilon and Helen appreciate the award as a recognition of their partnership and of the extremely topical issue of the development of energy efficiency.

– Investing in technologies that utilise energy efficiency and waste heat is now important than ever, says Senior Vice President Sari Mannonen of Helen’s Solutions and Portfolio Department, expressing gratitude:
– This recognition is also another indication of how partnerships between enterprises can create novel innovations and technologies in order to achieve energy independence, Mannonen says.

Attachments
Image: Oilon’s high-power heat pump
Image: EHPA awards gala in Brussels, 28 September 2022

Oilon
Oilon is a family-owned, global energy and environmental technology company, founded in 1961. Oilon specialises in energy and environmental technology with focus on industrial heat pumps and chillers, ground source heat pumps, and burners and combustion systems. Oilon conducts continuous product development to improve energy efficiency, reduce emissions and create solutions based on renewable energy sources.
Oilon has a of €70 million turnover and employs 380 people. The company has production facilities in Finland, the United States and China, as well as sales offices in Brazil and Germany. Furthermore, Oilon runs an international sales network of 70 dealers.

Helen Ltd
Helen Ltd helps to make everyday life a little easier for over 550,000 customers in Finland. In addition to heat, cooling and electricity, we offer solutions for regional and renewable energy, smart buildings and electric transport. We are developing a smarter, carbon-neutral energy system that enables everyone to produce, use and save energy with respect for the environment. We aim to achieve 100% carbon neutrality in our energy production by 2030. Let’s join forces and turn the opportunities of a new energy era into reality.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220929005541/en/

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com
DK

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

SUI Group Announces Completion of Existing $2 Million Stock Repurchase Program and Subsequent Authorization of New $50 Million Program12.9.2025 22:05:00 CEST | Press release

SUI Group Holdings Limited (“SUI Group,” “SUIG” or the “Company”) (NASDAQ: SUIG), the only publicly traded company with an official relationship with the Sui Foundation, today announced it has completed its previously authorized $2 million stock repurchase program. SUI Group is also announcing that its Board of Directors has now authorized a new stock repurchase program to acquire up to an additional $50 million of the Company’s common stock. Following the completion of its initial stock repurchase program, in which the Company repurchased approximately 318,743 shares of its common stock at an average price of $4.30 per share between September 10, 2025 and September 12, 2025, SUI Group’s new program provides the flexibility to support its Net Asset Value (“NAV”) per share by opportunistically purchasing its common stock. The Company believes that share repurchases at these levels are immediately accretive to existing stockholders and reflects its confidence in its underlying fundamenta

Andersen Consulting udvider sine kapaciteter i Asien og Stillehavsområdet med VDB Loi12.9.2025 17:43:00 CEST | Pressemeddelelse

Andersen Consulting udvider sine kapaciteter i Cambodja, Vietnam og Laos, da VDB Loi føjer rådgivningsydelser til sit eksisterende udbud af tjenester inden for skat og jura. VDB Loi, som ledes af administrerende direktør Jean Loi, der også fungerer som administrerende direktør for Andersen i Cambodja og Vietnam, blev grundlagt i 2012 som et skatte- og advokatfirma og har siden 2021 samarbejdet med Andersen Global. Med tilføjelsen af dets samlet udvalg af konsulentydelser er VDB Loi nu medlem af Andersen Consulting og tilbyder helhedsorienterede løsninger inden for forretningsstrategi, kunstig intelligens, teknologisk transformation og cybersikkerhed, hvilket komplementerer firmaets eksisterende platform til forhold inden for skat og jura. "Vi har været en del af Andersen-familien i flere år nu og anerkender den værdi og synergi, denne tværfaglige tilgang giver vores klienter," udtalte Jean. "I det nuværende erhvervsklima er det ikke tilstrækkeligt kun at være et skattefirma eller et ju

Allied Nations Gather to Discuss Future of Multilateral Defence Security Financing12.9.2025 17:35:00 CEST | Press release

The Defence, Security and Resilience Bank (DSRB) Development Group co-hosted an international conference in the City of London this week to discuss the creation of a new multilateral bank designed to bring capital market expertise to the frontlines of global security. The event at Mansion House, co-hosted by the Lord Mayor of London, included 72 attendees from 37 countries across the NATO alliance, the EU, and Indo-Pacific allied nations. Held on the eve of the Defence and Security Equipment International (DSEI event), the DSRB “Information Day” event also included a further 88 attendees from a wide range of institutions including the European Union, NATO, eight partner commercial banks, multiple development and central banks as well as representatives from global funds, ratings agencies, industry associations and think tanks. Notes to Editors: The DSR Bank Development Group is a non-profit working toward the establishment of the full bank alongside nation states and institutions. The

Illumination and Nintendo Announce the New Animated Film Based on the World of Super Mario Bros. Will Be Titled The Super Mario Galaxy Movie12.9.2025 15:33:00 CEST | Press release

Illumination (HQ: Santa Monica, CA, USA; Founder and CEO: Chris Meledandri) and Nintendo Co., Ltd. (HQ: Kyoto, Minami-ku, Japan; Representative Director and President: Shuntaro Furukawa, “Nintendo” hereafter) today announced that the title of the new animated film based on the world of Super Mario Bros., will be The Super Mario Galaxy Movie. The film will be released worldwide by Universal Pictures beginning April 3, 2026. In addition, the two companies announced that the returning voice actors for the characters will be: Mario (Chris Pratt), Princess Peach (Anya Taylor-Joy), Luigi (Charlie Day), Bowser (Jack Black), Toad (Keegan-Michael Key), and Kamek (Kevin Michael Richardson). The additional characters and voice cast for The Super Mario Galaxy Movie will be announced at a later date. The Super Mario Galaxy Movie will be released on April 3, 2026 in the US and many additional markets globally, and will be released on April 24, 2026 in Japan, with select territories releasing through

TON Strategy Company Announces Initial Share Repurchases Under $250 Million Program, Buying Below Treasury Asset Value Per Share, and Start of Staking12.9.2025 14:30:00 CEST | Press release

Repurchased over 250,000 shares of common stock under previously announced share repurchase program, at prices below Treasury Asset Value (TAV) per share, which stood at $12.18 as of September 11, 2025 Has begun staking of $TON holdings, as planned, creating a recurring source of on-chain revenues in addition to long-term treasury appreciation TON Strategy Company (Nasdaq: TONX) (the “Company”), a digital asset treasury company committed to holding Toncoin ($TON), today announced that it has repurchased over 250,000 shares of its common stock under its previously announced $250 million share repurchase program. Further, the Company has started staking operations, as planned, to generate on-chain income by utilizing its treasury holdings. The Company repurchased shares at an average of $8.32 per share; by comparison, the Company’s TAV per share was $12.181 as of September 11, 2025. This week’s share repurchases and the start of staking underscore TON Strategy Company’s financial strengt

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye