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Finnish consulting and engineering company Pöyry has been awarded a consulting services contract for providing institutional support to the Rural Energy Agency (REA) in Tanzania. The assignment includes two phases of services with a total value of approximately 1.2 million euros. The first, two-year phase will commence in March 2010. The...
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The LUMA Centre, an umbrella organization coordinated by the University of Helsinki, has launched an English language online magazine MyScience directed at young people. The magazine highlights natural sciences, mathematics and technology; supports youth's activeness and brings Finland to the world map as the top country in science and...
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Metso, a global engineering and technology group, will supply a lightweight containerboard production line to Saica Containerboard UK Ltd. at Partington Wharfside, in Trafford near Manchester, United Kingdom. The production line is scheduled to open in 2012. The total value of the order is approximately 60 million euros. The annual production...
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AAC Global, a Finnish provider of internationalization services, is expanding its operations to China. The company opened an office in Shanghai in March 2010. AAC Global’s China office will offer the same internationalization services to its clients as the company’s other offices in Finland, Sweden, Norway, Denmark, the UK and Russia. During...
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Finnish furniture and design company Artek opened a new showroom in New York City yesterday. Despite the recession Artek has set sail for the American design market. – One has to be brave, particularly during a crisis. There are more prospects here than elsewhere, says Managing Director of Artek Mirkku Kullberg in daily newspaper Helsingin...
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Participants for the Millennium Youth Camp, held in association with the Millennium Prize Awards, have been selected. From the initial 995 applications, 30 talented young people between 16 and 19 years were selected for the camp. The participants of the camp represent all the seven continents. There will be an equal number of girls and boys....
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Finnish property management company Ovenia Oy has established a subsidiary company in St. Petersburg in order to expand into the Russian market. The company believes that there is a demand for the experience and knowledge of Finnish property management, particularly in the St. Petersburg area. According to CEO of Ovenia Mika Valtonen the...
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Outotec has been awarded a contract by Tongling Non-Ferrous Metals Group for the design and delivery of a new copper smelter for Jinchang in Anhui province, China. The contract value is approximately 15 million euros. Outotec's scope of supply includes licenses for Outotec Flash Smelting and Kennecott-Outotec Flash Converting technologies,...
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The Finnish Ministry of Employment and the Economy has granted Nordic Mines Oy a 1.3 million euro business development assistance for building up the infrastructure of Laivakangas gold mine near the west-coast city of Raahe. The infrastructure of the mine consists for instance of road network serving the mining operations, electricity grid,...
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Russian economic development is about to take a positive turn, which will be visible also in this year’s foreign trade, estimates Russia Expert Timo Laukkanen at the Confederation of Finnish Industries EK. Russian gross national product contracted last year by eight percent, but already by the end of the year signs of better times appeared....
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Singapore-based Ezra Marine Service has ordered two large MacGregor offshore cranes from Cargotec. The value of the order is approximately 12 million euros. MacGregor is Cargotec’s daughter brand. The cranes will be delivered during 2010 and the beginning of 2011. The order comprises two large active heave-compensated subsea knuckle-jib...
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Finnish design house Magisso Ltd. has won the first prize in the product design category of the coveted Red Dot Design Award. The international jury judged the entries by functionality, durability, ecological factors, and innovation and quality. The awarded cake server is made of stainless steel and designed by Maria Kivijärvi. Red Dot Award...
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Freetime Machos is the first Finnish film to be chosen to the documentary category of the Tribeca Film Festival held in New York. Directed by Mika Ronkainen, the film tells the story of a hapless rugby team from the Northern Finnish town of Oulu coached by British Roger, an employee of Nokia. Freetime Machos is a portrait of stout Finnish male...
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Companies operating within the Finnish creative industry will present themselves on a creative event week, which will be held in St. Petersburg on 18-22th October. The week will feature an exhibition at St. Petersburg’s old bread factory Loft Etazh, and event and discussion days at the Sokos Hotel Palace Bridge. Loft Etazh is the number one...
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The shareholders of Glisten plc. have approved the terms of the public offer placed by the Finnish food producer Raisio, which will now acquire the entire issued share capital of Glisten. The completion of the acquisition is subject to further legal conditions but is expected to be complete on 8 April 2010. Raisio will pay 22.8 million euros...
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