June 17, 2019
The daily brief: 17 June 2019
Suomisen Maito's valuable staff members pose for a photo.
Facebook/Jymy Ice Cream
All the daily Finnish business news that works: Wärtsilä, Fortum, Kalmar, JokiLaakeri, OSG and Suomisen Maito make headlines.
Wärtsilä and Fortum sign big deals in the energy sector, Kalmar supplies forklifts to Antwerp, JokiLaakeri is acquired by Nomo, OSG expands to Spain, and Suomisen Maito agrees on a large distribution deal in Central Europe.
Organic ice cream producer Suomisen Maito has signed a distribution deal with Denn’s Biomarkt. The agreement will see Suomisen Maito’s traditional and vegan products hit the shelves of 330 grocery shops in Germany and Austria. The markets for milk-free ice cream are promising globally and especially in Germany. According to Suomisen Maito, over 60 per cent of consumers in the country are interested in trying milk-free alternatives.
Wärtsilä has signed two large deals with Bangladesh’s largest independent power producer, the Summit Group. The deals span seven years and include maintanance management and operational advisory services for two power plants with a combined energy output of 464 megawatts. They will consolidate Wärtsilä’s already strong presence – 4 850 megawatts of power generating capacity – in Bangladesh.
Kalmar will deliver Antwerp Euroterminal NV six forklifts, including an electric one, by the end of the year. A total of 20 Kalmar forklifts are already in use at the multipurpose terminal, which is one of the largest of its kind in Europe.
Tampere-based wholesaler and importer of technical products JokiLaakeri has been bought by Sweden’s Nomo, which is part of the Nordic Axel Johnson corporation. The deal will support the internationalisation of JokiLaakeri. Founded in 1991, JokiLaakeri has grown into a 34-person company with a revenue of 18 million euros in 2018.
Fortum has won the right to build 5.6 megawatts of solar power in Russia. The company acquired the rights through Russian Capacity Supply Auction, which will guarantee a fixed price of 15 000 roubles per megawatt hour for a period of 15 years. Fortum plans to commission the new power plant in 2022 to support its three solar power plants, which currently boast a total capacity of 35 megawatts.
Marketing communications company OSG has opened an office in Malaga, Spain. Headed by Anni Toivakainen (left), the new office provides digital marketing services and serves two major international pharmaceutical companies. The office currently employs a team of ten people but is looking to recruit more coders in the future.
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