A wooden school building with colourful walls
 Parmaco’s 353 modular school buildings host 35 000 children in Finland and Sweden. Image: Parmaco
Daily Brief

DAILY BRIEF: Wooden schools, record orders, telecom software and citizen data

All the daily Finnish business news that works: Wirepas, Tecnotree, Adapteo, Parmaco and the City of Helsinki make headlines.

Rasmus Hetemäki

04.03.2021

Wirepas and Adapteo score record deals, Tecnotree supplies telecom software in the Middle East, school building provider Parmaco is acquired, and Helsinki invests in data transparency. Click on the headlines for more in-depth information about each piece of news.

Wirepas closes biggest smart lighting deal

A college building with smart lighting

Wirepas will sell its connectivity software Wirepas Mesh, which allows devices to form limitless and reliable IoT networks, for inclusion in 100 000 units of Dutch company Ingy’s lighting control solutions. The solutions both cover simple lighting control and enable the use of lighting as a backbone network for applications such as asset tracking, indoor navigation, occupancy analytics and climate monitoring. Image: Ingy

Tecnotree awarded USD 11.7 million order

A telecommunications tower

Finnish software provider Tecnotree has won a digital transformation contract worth 11.7 million US dollars (approx. 9.7 million euros) from a large telecom operator in the Middle East. The three-year contract will see Tecnotree deploy its Digital BSS Suite 5 products for the operator’s retail subscribers, as well as provide support and managed services. Image: Pixabay

Adapteo provides workers village for massive tunnel project

An illustration of a several temporary buildings

Finnish company Adapteo has landed a record order to provide accommodation for workers who will construct the Fehmarn Belt tunnel linking Denmark and Germany. The tunnel will be the world’s longest immersed rail and road tunnel. Adapteo will provide adaptable buildings for accommodation and amenities covering 30 000 square metres and around 1 300 rooms in total. The rental period is expected to run until 2027, bringing the order’s value to an estimated 17 million euros. Image: Adepteo

Parmaco joins Partners Group

A wooden school building with children walking on the yard

Swiss private equity firm Partners Group is acquiring Finnish education infrastructure platform Parmaco, also known as the Platform. The Finnish company designs, builds and leases fully assembled and ready-to-use high-quality wooden modular buildings that are used as schools and daycare centres in Finland and Sweden. Partners Group will support the growth of the concept in the Nordics and wants to expand into adjacent market segments, such as elderly care, student housing and ancillary services. Image: Parmaco

Helsinki invests in data transparency for residents

A customer service agent presenting a digital service on a tablet to a customer

Finland’s capital has announced a service that enables residents to understand and manage the personal data that is collected from them when they use city services. At the same time, Helsinki is developing services based on the data that are timely and predictive, without compromising privacy. Read more about the city’s initiative by clicking the headline. Image: Jussi Hellsten