TikTok allocates another 1 billion euros to Finland to build a second data center

SighingCashier · 2026-04-08T04:15:47+00:00

TikTok, a subsidiary of ByteDance, announced that it will invest 1 billion euros in Finland to build a second data center located in Lahti. This center, together with the data center in Kivistö, will promote local economic development and employment, and provide data protection services for European users. This investment is part of its €12 billion "Clover" plan.

SighingCashier

2026-04-08 04:15:47

Abstract generation in progress

ByteDance-owned TikTok announced it will invest €1 billion (about HK$9.14 billion) to build a second data center in Finland.

In May last year, TikTok said it would invest €1 billion to build a data center in Kouvola, Finland. This time, the data center will be located in southern Finland in Lahti, with an initial capacity of 50 megawatts (MW) and a total potential capacity of 128 megawatts. It is expected to create local jobs and promote the development of the digital ecosystem, among other benefits. The two data centers are expected to begin operations later this year and next year, respectively.

TikTok said that both investments in Finland are part of the “Clover” program, which has a total investment scale of €12 billion. Under the program, data center projects will be built in Europe, with the aim of being part of a European data sovereignty program with industry-leading protection, to serve more than 200 million European users.

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