October 21, 2019

The daily brief: 21 October 2019

Arkki has been awarded by UNICEF for an innovative children's urban planning project it organised in Ho Chi Minh City, Vietnam.

All the daily Finnish business news that works: Outotec, Arkki and Isku make headlines.

Outotec has secured a substantial order in Australia, Arkki has been recognised for an innovative education project in Vietnam, and Isku is furnishing a new IT university in Kazakhstan.

Outotec bags EUR 50-million order

Finnish industrial company Outotec has been awarded a major grinding mill order in Australia. The approximately 50 million-euro order will see Outotec deliver 10 high-intensity grinding mills and related services to the Iron Bridge Magnetite Project in Western Australia. Once operational, Iron Bridge Magnetite (IBO) will be able to churn out 22 million tonnes of high-grade magnetite concentrate product annually. The deliveries are scheduled for 2020 and 2021.


Arkki’s Children Innovate project wins UNICEF award

Finnish education company Arkki’s Children Innovate project in Vietnam has won at the UNICEF CFCI2019 Inspire Awards in the category of Meaningful Child Participation. During the summer 2018, some 300 children aged between 8 and 14 took part in the five-day project in Ho Chi Minh City, designed to develop smart and friendly city concepts for their hometown. Carried out together with Ho Chi Minh City Department of Planning and Architecture and Saigon Innovation Hub, the project set out to develop youngters’ knowledge and understanding about urban planning as well as tools to express their ideas. The initiative also sought to promote more inclusive and participatory decision making and planning processes.


Isku to furnish new IT university in Kazakhstan

Finnish furniture company Isku has secured its largest order to date in Kazakhstan, where it will furnish the new Astana IT University in the country’s capital. In addition to the furniture, Isku has also done the interior design of the university that will cater to around 2 000 IT students. The deal was made possible by Isku’s Russian subsidiary, which has held an office in Kazakhstan’s capital since the World Expo was organised there in 2017.


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