October 22, 2020
DAILY BRIEF: Film, industry, cross-country digitalisation, and free AI education
Finnish villagers take a Chinese chef on board in Mika Kaurismäki's latest drama-comedy.
All the daily Finnish business news that works: Finnish film, KONE, MacGregor, Wärtsilä, European ICT Alliance, Reaktor and the University of Helsinki make headlines.
KONE, MacGregor and Wärtsilä win orders worldwide, Master Cheng is an audience favourite at a film festival in California, Finnish and Polish regions start a digitalisation alliance, and Reaktor and the University of Helsinki follow up on their hugely popular free AI course.
KONE will deliver 95 elevators and escalators to Nanfeihong Plaza, a new mixed-use development in Xi’an, the capital of the Shaanxi province in Northwest China. The 470 000-square-metre building complex is located in the Yanta district and will include a shopping centre, a boutique hotel and two grade-A office towers. The design of Nanfeihong Plaza is inspired by the nearby Mount Hua, one of the five great mountains of China.
MacGregor will provide cargo-handling cranes for four general cargo ships to be built in Asia. The deliveries are set to commence inn the third quarter of 2021 and be completed in the first quarter of 2022. The news follows on the heels of an announcement by MacGregor’s parent company, Cargotec, of a planned merger with Konecranes, yet another significant industry merger to take place in Finland.
Wärtsilä has received a number of new orders around the world. These include equipment for a 128-megawatt power plant ordered by PT Freeport Indonesia, a cargo-handling and fuel-supply system for two very large ethane carriers (VLEC) being built by Samsung Heavy Industries (SHI) in South Korea, and advanced energy storage systems to be retrofitted on four LNG-fuelled platform supply vessels belonging to Louisiana, US-based Harvey Gulf. The Finnish technology group will also provide a 90-megawatt energy storage system to an existing South East Asian customer to support the integration of renewable energy sources to a local grid.
Master Cheng voted audience favourite at Mill Valley
Mika Kaurismäki’s Master Cheng has been voted an audience favourite in the Mill Valley Film Festival’s World Cinema section. The film’s protagonist, Cheng, is a restaurant owner from China in need of a break after losing his wife in an accident and decides to travel with his son halfway around the world to a remote village in Finland to catch up with an old friend. Once there, he has trouble finding his friend, but his cooking soon delights the locals and helps to connect two vastly different cultures.
The business regions of Southwest Finland and Wrocław and Gdańsk in Poland have agreed to establish the European ICT Alliance to co-operate and create new business opportunities between the areas. The co-operation will drive new innovation with digitalisation and the use of data in such focus industries as maritime, logistics and services. One example is the alliance’s work with the Port of Gnydia to accelerate the development of smart ports. You can access our full article by clicking the headline.
Turku Business Region
Reaktor and the University of Helsinki have launched a follow-up to their massively popular open online course on artificial intelligence (AI), offering ordinary people an opportunity to familiarise themselves with algorithms at the core of AI systems. The course, called Building AI, is initially available in English and can be completed at three different difficulty levels, the easiest of which requires no ability to read or write code. The original course, Elements of AI, has already had over 500 000 participants from around the world. Read all about it by clicking the headline.
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