May 5, 2020
DAILY BRIEF: Creativity and virtual learning, acquisitions, health, coffee and solar power
Arkki International has been shortlisted for an award and has launched free online projects for kids.
All the daily Finnish business news that works: Arkki International, Gasum, Optomed, ThingLink, Savosolar and G Livelab make headlines.
Arkki is shortlisted for an award for keeping kids busy at home, Gasum acquires a stronger position in the Nordics, Optomed heads to the US, ThingLink partners with the University of Helsinki, Löfbergs expands to Finland, Savosolar takes on solar projects in France, and G Livelab in Tampere is awarded.
Finnish energy company Gasum has strengthened its capacity to provide gas solutions to the transport and manufacturing industries in the Nordics by acquiring Linde AG’s LNG and biogas business in Sweden and Norway, and Nauticor’s marine bunkering business in Germany. The acquisitions are integral to its strategy to broaden its offering to clients in the maritime, industry and road transport segments with cleaner solutions. The acquired businesses have generated annual revenues of more than 100 million euros. Gasum will also welcome around 35 new employees, customers and various assets.
Finnish company Arkki International has launched a selection of free Arkki@home online projects to support children’s curiosity, creativity and innovativeness during the coronavirus outbreak. The creative hands-on projects have been launched in English, Spanish, Vietnamese, Japanese and Finnish, with more languages to come. Arkki International has also been selected as a finalist for the prestigious WISE 2020 Global Education Awards for its impactful and innovative approach to education. Altogether 15 finalists were selected from 625 submissions, with Arkki being the only representative from the Nordics.
Finnish medical technology company Optomed has established a subsidiary in the US to create new business opportunities for its camera and software products and better serve its customers. The expansion was one of the reasons why the company raised funds through an initial public offering (IPO) in December 2019. Optomed is one of the leading providers of handheld fundus cameras, an eye screening device, which have already secured medical device approvals in the US and Canada. The US is the world’s largest medical devices market, making up over 40 per cent of the global fundus camera market.
ThingLink and the University of Helsinki have announced a multi-year agreement that brings rich media images, interactive video lessons and virtual tours to Finland’s largest university. An offspring of the University of Helsinki, ThingLink started as a student project at the department of education in 2007. It has since found its way into many classrooms around the world and was awarded the UNESCO ICT in Education Prize in 2018. The University of Helsinki started to pilot ThingLink in 2019 and will now offer the solution to all of its staff and over 17 000 students.
Swedish coffee roaster Löfbergs has set up a subsidiary in Finland following strong growth in the country. The company’s sales director, Kent Petterson, will become the Finnish CEO starting on 1 July. Löfbergs has doubled its sales in the country in the last five years, seeing growth especially in food retail, café and restaurant sales, which it attributes to its focus on dark roasted coffee. Löfbergs has also signed off on several large deals and collaborations in Finland in recent times.
Finnish company Savosolar is involved in two solar thermal system projects with AbSolar in France. In the first one, Savosolar will deliver an over 900-square metre system for a pilot project in the town of Cadaujac. The order is worth around 300 000 euros. The company has also signed an exclusivity agreement for designing and delivering a second thermal plant for AbSolar. The 8 000-9 000-square metre, 2.5-million euro plant is to be used for a greenhouse. The final decision on this project is expected at the end of the year and the deliveries to take place in 2021.
Finnish live music venue G Livelab in Tampere has won in the Concert Hall category at the international Mondo*DR awards. Read more about it in our breaking news article by clicking the link in the headline.
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