January 13, 2020
The daily brief: 13 January 2020
Yetitablets provide excitement in Swedish elderly care.
All the daily Finnish business news that works: Metsä Tissue, Huhtamäki, Amphion, Kuori and Finnish city of Tampere make headlines.
Metsä Tissue invests in its German mill, Huhtamäki completes an acquisition in India, Saab’s technology centre grows in Tampere, Amphion lands in Australia, and Kuori’s Yetitablet is tested in a Stockholm nursing home.
Metsä Tissue, part of Metsä Group, is investing approximately 10 million euros in a new production line for professional tissue papers at its Raubach Mill in Germany. The new unit will produce folded hand towels and have an annual capacity of 16 000 tonnes, with production set to start during the second quarter of 2021.
Finnish food packaging company Huhtamäki has completed the acquisition of Mohan Mutha Polytech in India for a debt-free price of approximately 10 million euros. The privately owned flexible packaging manufacturer has around 160 employees and reported net sales of around nine million euros in 2018.
Saab is recruiting local talent to develop top sensor and electronic warfare technologies at the Saab Technology Centre (STC) in Tampere, Finland. The Swedish aerospace and defence company decided to establish the centre in Tampere due to the availability of experts, especially in RF and microwave technologies, which can be utilised in signals intelligence and jamming. Two years on, the centre has recruited 25 employees and will receive a further boost from the Finnish Navy’s Squadron 2020 project, where Saab will deliver combat systems to four new navy vessels.
Business Tampere/Mirella Mellonmaa
Finnish loudspeaker brand Amphion has found a new distributor for the Australian market in Melbourne-based Sound & Music. The Finnish company designs and builds its handmade loudspeakers for the home and professional music markets in Finland.
Yetitablet part of the big picture in Swedish elderly care
Finnish company Kuori’s giant Android tablet, Yetitablet, is being tested at the Stureby nursing home (Stureby vård- och omsorgsboende) in southern Stockholm. The City of Stockholm has introduced different digital solutions to elderly care in recent years, and the massive, 65-inch size of Yetitablet has proven to both promote social interaction and provide more stimuli for the residents.
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