The NKG 2008 GPS campaign was carried out in September 28 – October 4, 2008. The purpose was to establish a common reference frame in the Nordic- Baltic-Arctic region, and to improve and update the transformations from the latest global ITRF reference frame to the national ETRS89 realizations of the Nordic/Baltic countries. Postglacial rebound in the Fennoscandian area causes intraplate deformations up to about 10 mm/yr to the Eurasian tectonic plate which need to be taken into account in order to reach centimetre level accuracies in the transformations. We discuss some possible alternatives and present the most applicable transformation strategy. The selected transformation utilizes the de facto transformation recommended by the EUREF but includes additional intraplate corrections and a new common Nordic-Baltic reference frame to serve the requirements of the Nordic/Baltic countries. To correct for the intraplate deformations in the Nordic-Baltic areawe have used the commonNordic deformation model NKG RF03vel. The new common reference frame, NKG ETRF00, was aligned to ETRF2000 at epoch 2000.0 in order to be close to the national ETRS89 realizations and to coincide with the land uplift epoch of the national height systems. We present here the realization of the NKG ETRF00 and transformation formulae together with the parameters to transform from global ITRF coordinates to Nordic/Baltic realizations of the ETRS89.