October 29, 2019

The daily brief: 29 October 2019

Finnair and Air Serbia partner on European flights.
Air Serbia

All the daily Finnish business news that works: Nixu, UPM and Finnair make headlines.

Nixu opens a second office in the Netherlands, UPM invests heavily in its paper mill in Germany, and Finnair and Air Serbia share European flights.

Nixu doubles down on Benelux market

Finnish cybersecurity company Nixu has opened its second office in the Netherlands, as part of its rapid expansion in the region. The new office is located in The Hague Security Delta, a cluster of businesses, governments and knowledge institutions in the Hague. Finland’s Ambassador to the Netherlands, Päivi Marjaana Kaukoranta, took part in the inauguration ceremony on 25 October. Nixu’s 2024 vision is to become the most trusted cybersecurity partner in Northern Europe and the best place to work for industry professionals.

Nixu

UPM further invests in German paper mill

Finnish company UPM is investing 95 million euros in a new combined heat and power (CPH) plant at its Nordland paper mill in Dörpen, Germany. The 80MW gas-fired power plant will reduce the site’s CO2 emissions by five per cent and strengthen the mill’s cost competitiveness and meet its heat demand after it’s hooked up to the grid in late 2022. The investment aligns with the German government’s energy policy targets for 2030 by supporting the phase-out of coal power.

UPM

Finnair expands its flight network with Air Serbia

Finnish airline Finnair has entered into a codeshare agreement with Air Serbia that will offer passengers new routes in Europe, as well as good connectivity between Serbia and key destinations in the US and Asia. As part of the deal, Finnair’s ‘AY’ code will be added to Air Serbia flights between the capitals Belgrade and Helsinki, as well as to several flights between Belgrade and destinations in Central and Eastern Europe. In return, Air Serbia will be able to sell and promote Finnair flights from Helsinki to a number of destinations in Finland and rest of Europe.

Finnair

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