August 8, 2019
The daily brief: 8 August 2019
Caverion has won a 30 million-euro contract in the expansion of Frankfurt Airport.
All the daily Finnish business news that works: Caverion, SSH Communications Security and Nokia make headlines.
Caverion is involved in an expansion project at Germany’s Frankfurt Airport, SSH Communications Security has been awarded two million euros in funding from EU’s Horizon 2020 programme, and Nokia is bringing 5G to New Zealand with Vodafone.
Finnish company Caverion will deliver technical solutions for the first section of the new Terminal 3, Pier G, at Frankfurt Airport in Germany. In a joint venture led by Lindner, Caverion will be responsible for cooling, heating and sanitation, ventilation and air conditioning, and fire protection in a deal worth 30.6 million euros. Frankfurt Airport is the largest airport in Germany and one of the busiest in Europe. The new 300 000-square-metre Terminal 3 is due for completion in 2023.
Finnish company SSH Communications Security has received just over two million euros for the development of its cyber security product, PrivX, from the EU’s Horizon 2020 programme. The total budget for the project is around three million euros, of which SSH.COM will cover roughly one million euros. The funding came in the second phase of the highly competitive Horizon 2020 SME Instrument, which supports innovative small and medium-sized firms in the EU.
Nokia has been chosen by Vodafone New Zealand to deploy a 5G network in the country. The network will be launched in Auckland, Wellington, Christchurch and Queenstown in late 2019. Nokia’s AirScale radio access network, cloud-native core and design services will enable Vodafone New Zealand to offer the first commercial 5G services in New Zealand.
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