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Outotec has received a 50 million Euros order from the Russian Copper Company to design and deliver a new copper concentrator. Earlier on this year the Finnish company signed a 140 million Euros long-term operation and maintenance contract with ZAO Mikheevsky GOK which is a subsidiary of Russian Copper Company. The order intake of Outotec,...
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A new online dating service says it is trying to put an end to the disappointment of fake profiles by only dealing with real identities. Helsinki-based Audrey says it hopes to revolutionise the online dating experience by ending some of the frustrations of searching for a partner online. The service launched in Finland this month but Chief...
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Minna Särelä, 31, is a brave woman. Or what would you say based on how she sold her family’s home in order to establish a fashion store? — I became frustrated with how so many talented fashion designers couldn’t make it past a certain point. I wanted to offer them a sales and marketing channel, says Minna Särelä the owner of the Helsinki-based...
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Transportation and logistics services provider DB Schenker, a business unit of Germany’s Deutsche Bahn, is investing 53 million euros in a new terminal in Vantaa, Finland. The premises, located in the Viinikkala logistics area close to Helsinki airport, will consist of about 52,300 square metres of terminal and office buildings. The terminal...
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Finnvera’s capital investment operations received recognition at the annual congress of EBAN – The European Trade Association for Business Angels, Seed Funds and other Early Stage Market Players. Finnvera was handed the Best Early Stage Fund of the Year award. The acknowledgement was bestowed on Finnvera based on its proactive and, on a...
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The Finnish energy company Fortum has opened a combined heat and power plant in the city of Klaipeda, Lithuania. The plant uses municipal and industrial waste as well as biomass as fuels to provide district heating to the residents and businesses in Klaipeda, and electricity to the Lithuanian power grid. It is the first of its kind in the...
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Finnish engineering and technology company Metso has announced it is supplying a complete tissue production line for PT. Suparma, Tbk., in Indonesia. The new tissue machine will be installed at the company's mill in Surabaya. The start-up of the machine is scheduled for 2014. The value of the order has not been disclosed. PT. Suparma, Tbk's is...
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Jolla, the Finnish startup, launched on Monday its first smartphone. The phones has customizable covers which also change the theme colors of the phone’s user interface. This is a feature Jolla calls “the Other Half”. — This is one of the most powerful things we have ... a very simple example could be that you have covers with different...
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General Electric International, the world’s leading manufacturer of jet engines, and the Lahti-based company Galvatek have agreed on a large equipment delivery to Emirates Airlines in Dubai. The equipment will be used for the servicing of air craft engines. One of the world’s largest aircraft engine servicing units is being constructed in...
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The Technical Research Centre of Finland VTT has developed an accessory and application for smart phones which enable consumers to detect their electrocardiography (EKG) even at home. The Beat2Phone device fits in a pocket and records, for example, any irregularities in the heartbeat and relays them to the application in the phone. In addition...
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Finnish minerals and metals technology company Outotec is collaborating with energy company Global Oil Shale Group (GOS) in the development of a concentration process for oil shale. Technology, engineering and project management company Neste Jacobs, has also signed a deal with GOS to collaborate in oil shale processing and plant design for...
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Kesko Food has opened its second food store in the St. Petersburg area, and the company plans to open another two new large food stores in the area by the end of 2013. The company also plans to expand its operations to Moscow. According to Kesko, the company is aiming to achieve net sales of 500 million Euros and a positive result by 2017....
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The German group Sartorius will invest a total of EUR 2.6 million in the Kajaani production unit of its Finnish subsidiary during 2013. The investment will bring new production technology to Sartorius Biohit Liquid Handling Oy’s Kajaani unit in northern Finland. The company aims at increasing the unit’s production capacity of disposable...
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Sony Pictures has won the global distribution rights to an animated film based on Rovio Entertainment's hit game Angry Birds. The 3D film is scheduled for release on July 1, 2016. John Cohen, producer of Despicable Me and David Maisel, executive producer of Iron Man, will work on the movie. — Sony impressed us with their great attitude,...
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On 21 May, the Finnish Design, Art and Tech exhibition produced by Nuppu Labs will showcase Finnish brands for an entire evening in New York for the second year in a row. The exhibition is included in the official programme of New York Design Week and the Internet Week New York festival. Laura Avonius , curator of the exhibition, says that she...
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