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ESL Shipping Oy, a subsidiary of Aspo Plc, has ordered two new ice-strengthened dry bulk cargo vessels from the Korean Hyundai Mipo Dockyard Co. Ltd. The new vessels are clearly bigger than ESL Shipping's existing vessels, 56,150 dwt supramax class vessels. The total value of the investment is approximately 60 million euros. The vessels, which...
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Finnish specialist in minerals processing and metallurgical technologies Outotec has signed a contract with Boliden AB for the delivery of Kaldo furnace technology to Boliden's Rönnskär copper smelter in Sweden. The delivery will be a part of Boliden's electronic scrap recycling facility expansion. The expansion will increase Rönnskär's...
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Finnish specialist in integrated business solutions Aldata Solution Oyj has acquired all shares and assets of Cosmic Solutions Ltd, a specialist UK provider of category management software. The value of the acquisition is approximately 3 million pounds sterling. Aldata offers retail space and supply chain management solutions that optimize the...
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Russian exports and business of Finnish companies have picked up significantly in the last six months. According to the Russian Business Barometer published by the Finnish-Russian Chamber of Commerce FRCC also expectations for the near future have strengthened. Investments have been relaunched and trust in the growth of the Russian economy has...
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Rovaniemi-based Lapland Studios will publish the very first Finnish console game, which can be loaded onto Nintendo Wii console. The game, which tells the story of African meerkats, can be downloaded onto the console through the WiiWare download service. Lead the Meerkats is a game for users of all ages, which simulates the life of meerkats....
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Pöyry has been awarded a project by the Mexican Comisión Nacional del Agua to provide specialized advisory services during the construction of the largest wastewater tunnel in the world. The tunnel will be 62 kilometres long and 200 metres deep. The value of Pöyry's assignment is 6.1 million euros. The consulting services provided by Pöyry...
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Finnish national mail enterprise Itella has launched an environmental 'Posti Vihreä' stamp as part of its Green Program. Deliveries with the stamp are carbon-neutral since the carbon emissions resulting from the mail delivery will be compensated by participation in climate projects. The stamp carries an extra fee of 5 cents, which will be...
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Finnish specialist in construction, Lemminkäinen has acquired over 90 percent majority interest of Norwegian tunnel excavation company Risa Rock AS, a subsidiary of Risa Group. The acquisition consolidates Lemminkäinen's position in Norway. The company's latest acquisition in Norway took place in April, when it bought majority interest of...
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Finnish leader in complete lifecycle power solutions for the marine and energy markets, Wärtsilä has signed a contract with the Brazilian industrial group QUIP to supply three main power modules for a new P-63 Floating Production Storage and Offloading (FPSO) vessel. The contract includes three power modules, their start-up and operational...
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Lahti-based specialist in pillar and beam timber building, TimberHeart Ltd has received a major order from France. The company will deliver a 1900 square metre TimberFrame apartment building to the Pyrenees. Once completed, the building will feature 21 holiday apartments. TimberHeart takes care of the structural design of the house’s timber...
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Outotec has acquired all shares in Edmeston AB, a Swedish company specializing in sulfuric acid production equipment and systems. The transaction is subject to completion of confirmatory due diligence, and it is expected to be closed in May. Edmeston AB is based in Gothenburg. The company is specialized in the engineering and supply of process...
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Finnish Greenvironment, a specialist in bioenergy and decentralized energy applications, strengthens its funding base by enlisting on the Frankfurt Stock Exchange. – The decentralized electricity and heat market is growing rapidly in Central Europe. The listing provides us a funding channel with which we will be able to expand our business and...
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Metso has received an add-on order for containerboard making technology from Amcor Packaging Pty Ltd as part of its new machine project for a containerboard line at Botany Mill in Sydney, Australia. The add-on order covers all main process equipment and control systems for the mill. The order includes also control valves and instrumentation as...
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Subsidiary of Finnish oil refining and marketing company Neste Oil, Neste Jacobs will act as an engineering partner for a new shale oil condensation unit in Estonia. Neste Jacobs and Eesti Energia Õlitööstus signed the engineering and construction management contract on April 28th 2010. The shale oil condensation unit purifies and fractions...
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Peikko Group’s subsidiary established in 2007, Peikko Canada Inc. will start small-scale production in Quebec City, Canada. The production will begin in 2010 and it will focus on precast connections. The subsidiary was initially established to sell and market Peikko Group’s products in North America. The concrete connections will be sold...
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