A Gasum biogas filling station
 Gasum has a extensive network of gas filling stations in the Nordics. Image: Gasum

The daily brief: 14 November 2019

All the daily Finnish business news that works: Leanheat, Gasum, KONE and Kide Science make headlines.

Rasmus Hetemäki


Leanheat brings its district heating management to Sweden, Gasum makes significant acquisitions, KONE wins a lift and escalator order in China, and Kide Science starts a new collaboration in Indonesia. Click on the headlines for more in-depth information about each piece of news.

Leanheat expands to Sweden

Leanheat, a Finnish developer of artificial intelligence (AI) solutions for district heating management, is expanding to the Swedish market. The company’s IoT solution combines data from buildings, energy companies and weather information providers to deliver significant cost savings and energy efficiency improvements to property owners and district heating companies, while optimising the indoor climate for residents and helping to combat climate change. The aim is to start several pilots with Swedish property management companies during the coming heating season. Image: Leanheat

Gasum acquires businesses from The Linde Group

Finnish energy company Gasum is acquiring AGA’s clean energy business and Nauticor’s marine bunkering business from the current owner, The Linde Group. The businesses have a combined annual revenue of over 100 million euros and 35 employees. Several of their assets will also be transferred to Gasum, including an LNG liquefaction plant, two LNG terminals, two LNG bunkering vessels and 48 gas filling stations in Sweden and Norway. The acquisitions will strengthen Gasum’s position in the Nordic gas market, as well as improve its offering in the maritime, industry and road transport segments. Image: Gasum

KONE to equip luxury dual tower project in China

KONE has won a new order for 54 lifts and 20 escalators to be delivered to Tianjin Pingan Teda IFC, a luxury mixed-use development in Tianjin, China. The project comprises two towers rising to heights of 313 metres and 240 metres that will house office space, luxury apartments and a high-end shopping centre. KONE will also deliver a KONE E-Link equipment monitoring system to the building and provide two years of standard maintenance. Image: KONE

Kide Science education expands in Indonesia

Finnish early education company Kide Science has closed a new deal in Indonesia with PT Cahaya Utara Indonesia (The Northern Lights Indonesia). The collaboration will start off with extracurricular Kide lessons in the port city of Surabaya on the island of Java in December, with plans to expand to other schools and parts of Indonesia. Kide Science teaches scientific thinking to young children through play-based learning with the help of a research-based pedagogical model developed in Finland. Image: Kide Science

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