During the last full week of February, Oulu is the meeting point for competitors in a variety of extreme winter sports and activities. Within just a few days, the city hosts the biggest snow sculpting contest in the Baltic Region, the European cup in ice climbing, and an international stadium snowcross competition.
The next generation wireless data transmission system, 5G, is about to be introduced. The University of Oulu research unit Centre for Wireless Communications (CWC) is represented in the 5G Olympics team that will launch the first intercontinental public 5G network connection in the world. The Olympic Games in South Korea and Oulu in Finland will be linked via a 5G connection on Feb 20–22.
Northern Industry 2018 is the largest and only industrial trade fair in northern part of Finland where heavy industries and high-tech companies work together.
The home of the 5G network technology is in Oulu, northern Finland, and Oulu brought a genuine 5G experience to Slush 2017 for the international tech community to see and feel. The 5G experience was created by the unique Oulu ecosystem: Centre for Wireless Communications from the University of Oulu, BusinessOulu, and five Oulu enterprises at a joint stand.
SPECIM, Spectral Imaging Ltd. has agreed to an investment of 3.5 million by Bocap SME Achievers Fund II Ky, with the aim to double its current 10 M€ revenues by 2020.