Category: Infrastructure

Chinese nuclear company buys majority in Swedish wind farm

China’s CGN has bought the majority of shares in a Swedish windfarm still under construction. When finished, it will be the largest onshore farm in Europe. In the northeast of Sweden, on the western coast of the Bothnian Bay by the town Piteå, a large windfarm is under construction. Actually, it’s among the very largest…

Kone won three metro projects orders in China

Finland’s global leader in the elevator and escalator industry, KONE, has announced it won orders for three metro projects in China, described as “an important infrastructure market for the company”. The orders are for Changsha Metro Line 5, Xiamen Metro Line 2, and Nanning Metro Line 3. The order for Changsha Metro Line 5 includes…

Austrian takes over the helm at Telenor’s dtac

Alexandra Reich, an Austrian national, has been appointed CEO of dtac (Total Access Communication PCL), replacing departing Swedish CEO Lars Norling. Alexandra Reich currently serves as CEO of Telenor Hungary and Head of Telenor Group’s Central Eastern Europe Cluster. Prior to joining Telenor Group in 2016 she served as EVP and Head of Mobile Business…

Telenor’s dtac gives Thailand’s spectrum auction thumbs down

The writing was already on the wall for Thailand’s regulator National Broadcasting and Telecommunications Commission (NBTC). In addition to another operator having already opted out Total Access Communication PCL, (Dtac), Norwegian Telenor’s Thailand-base operator, had repeatedly flagged its objections concerning the upcoming 1800 MHz spectrum auction. On 9 April dtac urged (handing and official letter…

Danfoss to opens new heating plant in China

The leading heating company of Denmark, Danfoss, has begun operation of a new plant in Anshan city in northeast China’s Liaoning Province. Danfoss has recently begun operation of a new plant in northeast China’s Liaoning Province, according to Xinhua Net. With a price of 26.54 million U.S. dollars the plant wasn’t cheap but as China is seeking greener…

Danes see Malaysia gateway to thriving Asean consumer market

The 640-million strong ASEAN population has gained prominence in recent years as a promising consumer market, with a thriving young middle-class (median age of 29) becoming more urban. Nielsen has projected that the Asean middle class – people with disposable income of US$16-US$100 per day – is projected to reach 400 million by 2020. And…

Danish PM warns Greenland not allow Chinese entrepreneurs build airports

Danish Prime Minister Lars Løkke Rasmussen warns Greenland’s Home Rule Government not to allow a Chinese contractor to build airports in Greenland. The message is that the Danish government will not accept that the Prime Minister of Greenland Kim Kielsen and his government can decide on their own whether Danish, Western or Chinese contractors will…

Famous Danish architects to design Chinese ‘footpath’

According to The Copenhagen Post the Danish architecture company Dissing+Weitling has been commisioned to design a project in Xiamen in the south of China called ‘Xiamen Footpath’. The footpath will consist of seven bridges totalling to about 20 kilometers of free walking space for the citizens of Xiamen. The purpose of the giant path is…

Greenland eyes Chinese constructer – causes Danish concern

Greenland has recently shortlisted a Chinese construction company to help expand three airports. This calls for concern from the Danish government. A government official told Reuters that Chinese involvement could upset one of Denmark’s closest allies, The United States of America, and that “we are deeply concerned. China has no business in Greenland.” The official…

Finnish delegation China winter sport development

During 26 – 30 March Team Finland business delegation visited Beijing and Harbin with Mr Sampo Terho, Minister for European Affairs, Culture and Sport, to discover new business opportunities in China’s winter sport development. China is currently developing its Winter Sports Culture as the Olympic host cities Beijing and Zhangjiakou are preparing for the 2022…