Cannes Film Festival poster
 A Finnish screenplay is awarded at Cannes Film Festival. Image: Festival de Cannes / Facebook
Machinery/Metal products

The daily brief: 20 May 2019

All the daily Finnish business news that works: KONE, Eficode, Verman, Airport College International and Finnish film The Woodcutter Story make headlines.

Rasmus Hetemäki

20.05.2019

Finnish company KONE will supply escalators and lifts in Tel Aviv, Eficode and Verman have made corporate acquisitions, Airport College International finds a partner in Hong Kong and Mikko Myllylahti’s screenplay The Woodcutter Story wins at Cannes. Click on the headlines for more in-depth information about each piece of news.

The Woodcutter Story wins Cannes Critics’ award

Mikko Myllylahti's screenplay for his debut feature film The Woodcutter Story (Metsurin tarina) has won the Next Step Award at the Cannes Critics' Week. The dark mythical comedy follows an optimistic woodcutter who loses everything when a dark force enters his town in Finnish Lapland. The film is produced by Aamu Film company and is meant to be shot during the winter 2020 in Northern Finland.

Mikko Myllylahti’s screenplay for his debut feature film, The Woodcutter Story (Metsurin tarina), has won the Next Step Award at Cannes Critics’ Week. The mythical dark comedy follows an optimistic woodcutter who loses everything when a dark force enters his hometown in Finnish Lapland. The film is produced by Aamu Film Company and is to be shot during the winter of 2020 in Northern Finland. Image: Berlinale Talents

KONE wins large order in Tel Aviv

KONE will deliver 106 escalators and 63 elevators for the Red Line of Tel Aviv’s Light Rail Network in Israel. The contract also includes 16 years of maintenance services. The Red Line set to open in 2021, will serve 34 stations and is part of an ambitious new mass transit system for the Tel Aviv Metropolitan Area.

KONE will deliver 106 escalators and 63 lifts for the Red Line of Tel Aviv Light Rail in Israel. The contract also includes 16 years of maintenance services. The Red Line will serve 34 stations and be part of an ambitious new mass transit system in the Tel Aviv metropolitan area. Image: Wikimedia commons

Airport College International teams up in Asia

Finland-based Airport College International has signed a Memorandum of Understanding (MoU) with Jardin Aviation Academy operating out of Hong Kong. The two parties aim to collaborate on aviation training programmes in Hong Kong, Macau and mainland China.

Finland-based Airport College International has signed a memorandum of understanding (MOU) with Jardin Aviation Academy operating out of Hong Kong. The two parties aim to collaborate on aviation training programmes in Hong Kong, Macau and mainland China. Image: Pexels

Eficode and Praqma join forces

Finnish DevOps company Eficode has acquired Scandinavian DevOps consultancy firm Praqma operating in Sweden, Norway and Denmark. The joint company will have nearly 300 software experts in the Nordics, the Netherlands and Germany.

Finnish development and operations company Eficode has acquired Praqma, a development and operations consultancy firm operating in Sweden, Norway and Denmark. The joined companies will have nearly 300 software experts in the Nordics, the Netherlands and Germany. Praqma reported a turnover of 5.5 million euros last year. Image: Eficode

Verman acquires Biosym

Finnish family company Verman focusing on health and well-being products has acquired Biosym, a Danish producer of vitamins, mineral preparations and natural remedies. The acquisition will strengthen Verman’s position in the Nordics. Biosym will continue operations as before, but as a wholly owned subsidiary of Verman.

Verman, a Finnish family company focusing on health and wellbeing products, has acquired Biosym, a Danish producer of vitamins, mineral preparations and natural remedies. The acquisition will strengthen Verman’s position in the Nordics. Biosym will continue its operations as before, but as a wholly owned subsidiary of Verman.

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