Latest Scandinavian Business News

Wartsila will power Cambodia’s power plant built by China

Electricite Du Cambodge (EDC), Cambodia’s state-run electricity supplier has inked an agreement with two Chinese companies to build two power plants in Cambodia . One will be powered by a 200 MW generator from Finnish firm Wartsila and built by Chinese firm CGGC-Un Power together with China National Heavy Machinery Corporation (CHMC) installing machinery, under…

New app helping Myanmar’s Farmers won Telenor Youth Forum

Telenor group declared on May 28, 2019 that the new mobile application offering the solution to reduce inequalities in Myanmar’s rice industry was awarded at Telenor Youth Forum where a delegation of 16 young leaders were split into four teams to create their four services to Telenor Group and dtac leadership and experts from Plan…

Wärtsilä to work in building China’s first LNG bunker vessel

Wärtsilä, a Finnish corporation manufacturing power sources for the marine and energy markets, announced that it has agreed with Chinese energy firm to provide its integrated solutions in building China’s first LNG bunker vessel. Being built by the Dalian Shipbuilding Industry Corporation (DSIC) for an affiliate of the ENN Energy holdings, one of the largest…

“Nordic Seaboard Networking Evening” first time ever in Thailand

Four Nordic Chambers (Thai-Swedish Chamber, Danish-Thai Chamber, Thai-Norwegian Chamber and Thai-Finnish Chamber) came together in co-hosting the “Nordic Seaboard Networking Evening” for the first time ever in Thailand on Friday, May 24, 2019. Taking place at the Glass House Pattaya restaurant in Chonburi, the event was attended by about 60 participating guests who enjoyed a…

Vietnam partnered with Ericsson to forge strategic Industry 4.0

Ericsson announced on its website that it has signed a series of strategic agreements with Government of Vietnam to expand Industry 4.0 in Vietnam. Inked by Vietnam’s Prime Minister Nguyen Xuan Phuc, Ericsson President and CEO Börje Ekholm and Head of Ericsson Vietnam and Myanmar Denis Brunetti, the agreements had its signing ceremony held at…

IWG: The shift towards flexible workspaces for all generations

Working smart not hard is the new trend in business as generations strive for coherency and work life balance With the shift of consumer preference towards personalization and everything customizable, people around the world, in all generations are starting to adapt to the use of flexible working spaces as the new ideal. At the forefront…

JOTUN invested NOK 689 million on its new plant in Vietnam

A Norwegian top paints company JOTUN, planned to invest NOK 689 million or approximately USD 80 million on its new factory in Vietnam. JOTUN’s new factory will be its third plant operating in Vietnam and it is also “the largest single investment done abroad ever for the JOTUN Group,” said General Director of JOTUN Paints…

Norway’s Mowi to launch salmon products with JD.com

Mowi China, world’s largest Atlantic salmon producer headquartered in Norway, is partnering with JD.com, a Chinese e-commerce company headquartered in Beijing to launch new fresh salmon products. As JD.com announced on its corporate blog on May 31, the release of salmon products will be the first products that were launched from Mowi China’s First Factory…

Scatec Solar partnered with Vietnam’s MT Energy in 485 MW solar projects

Norwegian-headquartered Scatec Solar has signed a strategic collaboration agreement with a Vietnamese energy company MT Energy (MTE) for 485 MW of Solar Photovoltaic (PV) –a technology converting sunlight into direct current electricity. Scatec Solar’s scope of work under the agreement is to develop, finance, construct and operate large-scale solar projects covering three projects located in…