June 25, 2019
The daily brief: 25 June 2019
Caverion will oversee technical solutions and handle maintenance at the expanded University of Applied Sciences in St. Pölten, Austria.
All the daily Finnish business news that works: Enersize, Halton, Caverion and Outotec make headlines.
Enersize will improve energy efficiency at a tyre manufacturing plant in China, Halton is strengthening its indoor air solutions segment with an acquisition in the Netherlands, Caverion takes on a significant project in Austria, and Outotec is initiating scientific research collaboration with a Chinese university.
Finnish software company Enersize has been awarded a contract by Hankook Tire Jiaxing in China to improve energy efficiency of the tyre manufacturer’s plant’s compressed air system. The agreement follows a successful pilot at the tyre factory in Jiaxing, in which Enersize demonstrated its software capabilities to detect leakage and provide energy savings in a limited area of the plant. The work is scheduled to be carried out in July.
Finnish company Halton has agreed to acquire indoor air solutions provider MIWO Luchtbehandelingstechniek. The Dutch company is experienced in delivering turnkey solutions to restaurant chains in the Netherlands and is the second acquisition for Halton in the field during the past two years. MIWO reported an annual turnover of three million euros in 2018 and has a total personnel of 30, including in-house staff and subcontractors. The Dutch company will continue as its own unit following the acquisition.
Finnish company Caverion has signed a contract for a life-cycle project for the refurbishment of the St. Pölten University of Applied Sciences in Austria with construction company Granit. Worth approximately 32 million euros for Caverion, the contract includes the extension and modernisation of the existing campus and a maintenance agreement for the next 25 years. The planned extension will see the campus almost double its total study space to 33,000 square metres.
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Finnish industrial company Outotec has signed a framework agreement for wide-ranging scientific co-operation with the Central South University (CSU) in China. The partnership will include the establishment of a joint research laboratory at CSU, localisation of Outotec’s technologies in China, globalisation of technologies from both parties, participation in metallurgical education and promotion of innovative environmental process developments. CSU is the leading Chinese university in the field of metallurgy.