September 30, 2020
DAILY BRIEF: Nordic drinks merger, big 5G deal, building design, film, digitalisation and mobility
Anora Group will have a strong wine and spirits portfolio that includes Altia's flagship Koskenkorva Vodka.
All the daily Finnish business news that works: Altia, Nokia, Clancy Engineering, Finnish film, City of Helsinki and smart mobility solutions make headlines.
Nokia signs a 5G deal with BT, Altia and Arcus are to join forces, Clancy Engineering expands to Finland, two Finnish comedies make Warsaw Film Festival, Helsinki and Tallinn host a global virtual conference, and Finnish firms help to pave the way for smart mobility.
Nokia has signed a 5G deal to become the largest infrastructure partner of UK-based operator BT. As a 5G RAN vendor of BT, Nokia will provide equipment and services at radio sites across the UK in order to evolve the radio access network to 5G. BT’s Nokia-powered network, which currently covers Greater London, the Midlands and rural locations, will be extended to multiple towns and cities across the UK. Nokia will also optimise its 2G and 4G networks and contribut to the development of the OpenRAN ecosystem.
Finnish alcoholic beverage company Altia will join forces with Norwegian company Arcus to form a leading Nordic wine and spirits brand house. The new company, to be named Anora Group, will be headquartered in Helsinki and have around 1 100 employees in the Nordics and Baltics. The partly state-owned Altia is set to become the majority owner in Anora with a 53.5-per cent share. The final decisions on the merger will be made in extraordinary general meetings expected to take place in November 2020.
Clancy Engineering will launch an engineering and design office in the Finnish capital of Helsinki. The Moscow, Russia-headquartered company designs industrial properties, hotels, commercial properties and residential buildings from the concept stage to the construction stage. Its Irish-born founder, John Mark Clancy, who has visited Finland often, was convinced to open an office in the country because of the open business culture and strong support from Helsinki Business Hub and Business Finland. The office will be located in Sofia Future Farm, a co-working space in the centre of Helsinki, and the company hopes to have 10–20 new engineers and architects working for it within the next two years.
Two Finnish films have been selected for Warsaw Film Festival taking place on 9–18 October 2020. Teemu Nikki’s Nimby will have its international premiere in the Free Spirit competition of the festival. The film sees Mervi return to her hometown with her Iranian-German girlfriend and have to deal with her parents’ open marriage, her ex-boyfriend’s new-found sympathies for neo-Nazis, and the conflicts between townspeople and recently arrived asylum seekers. Pamela Tola’s Ladies of Steel also made the cut and will feature in the festival’s Discoveries section. The comedy follows three elderly sisters on the run after one of them hits her husband with a pan in frustration. The film is currently the Finnish box office queen of the year with 246 000 admissions.
A Finnish-Estonian collaboration has given birth to a digital twin city, where the World Summit on Digital Built Environment (WDBE) is hosted this year. Read our full article by clicking the headline.
Finnish companies are helping the world to overtake the traditional and accelerate into a new era of mobility with safe, efficient and sustainable transport design. Read our feature article by clicking the headline.
Good News from Finland is published by Finnfacts, which is part of Business Finland.
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