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Tide turns for Finnfund despite losses in Ukraine

Business June 02, 2023

After two years of negative impacts from the pandemic and a significant write-down of a loan for a Ukrainian windmill plant, the Helsinki-based development finance institution Finnfund still managed to end up in the black last year. “2022 was a turning point, and [this] year has already got off to a strong start,” the annual report states.

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