December 3, 2019
The daily brief: 3 December 2019
Digital Goodie grows in e-commerce with a significant acquisition in the UK.
All the daily Finnish business news that works: UROS, Digital Goodie and Wärtsilä make headlines.
UROS implements smart water solutions in the Chinese city of Neijiang, Digital Goodie acquires Maginus in the UK, and Wärtsilä secures new agreements around the world.
Finnish IoT and smart connectivity solutions provider UROS has signed a co-operation plan with Neijiang Water Affairs to implement smart water-cycle technologies in four pilot areas in Neijiang, China. The aim of the pilots will be to achieve energy savings, improve water quality and safety, and the reliability of the pipe networks. In the second phase of the co-operation, UROS will implement smart water-cycle technologies and services throughout Neijiang.
Finnish digital commerce technology company Digital Goodie has acquired UK-based Maginus to create a powerful and highly scalable e-commerce entity. The combined company will have a significantly broader product offering and will be able to serve both the grocery and general product retail segments. Digital Goodie now plans to expand in Europe and eventually target major global markets with the help of its main owner, global private equity firm Black Dragon Capital.
Finnish technology group Wärtsilä will optimise the energy system of the Fekola gold mine, located in a remote region of Mali, with an energy storage system based on its GEMS energy management solution. The GEMS solution will also control a 30MW solar plant currently under construction at the mine. In addition, Wärtsilä has become a sales and service partner of Silverstream Technologies and intends to fully integrate Silverstream’s air lubrication system, which provides significant fuel savings for ships, with its propulsion solutions. The Finnish technology group has also renewed its long-term maintenance agreement for the power plant located at Madrid-Barajas Airport in Spain.
Looking for more good news? Subscribe to our newsletter