Great visibility for Finnish knowhow
September 20, 2016
News
Welcome to the latest business news from Norway!
In this brief weekly newsletter we would like to tell you about our local activity and success stories here in Norway, while giving you a quick update on the Norwegian industry news, latest business opportunities and coming events. Feel free to follow us on twitter as well @AnttiMakikyro and @FinnishPartners.
Finnish Partners stories

His Majesty the King of Norway visited Nokia’s factory in Oulu where a few technology companies were showcasing their solutions.
His Majesty the King of Norway was visiting in Finland last week and finally Finland, with our great knowhow, got some great visibility in Norway. Although many visits and meetings were concentrating on health technology and gaming industry, the Finnish high technology definitely became noticed. High technology equals the quality in many cases and this is what we want to take forward in Norway as well.
I think we just have to learn to sell the quality and solutions better way. Often the quality solutions sound more expensive in first hand but usually it offers many cost savings in long run. This is something that we are working with in our everyday business and explaining to Norwegian industry how they can benefit working with quality Finnish companies.
This autumn has also been very exciting in that front with visits to different exhibitions like Nor-Fishing in Trondheim, ONS in Stavanger and seminars around digitalization of the industry and arctic business. Of course not to forget many exciting project meetings in Norway and even more interesting meetings with Finnish companies that we have great pleasure to work with.

Finnish maritime and offshore stand at the ONS were busy during the exhibition. Good to see many Finnish companies attending again.
Construction industry is currently so interesting in Norway that companies are looking for potential partners all the time. House and apartment prices are very high at the moment but this is only for the reason that too few homes are being built. We have discussed about €100 billion infra investments before but now housing market is also interesting going forward. None the less some big projects like Jordal Amfi icehockey arena in Oslo where we have been recently trying to find suppliers from Finland.

The Jordal Amfi hockey rink in Oslo was built for the 1952 winter Olympics and will be taken down. We are looking for subcontractors to the new arena project.

Finnish Partners companies meeting with Exxon Mobil during the ONS
After visits to Nor-Fishing and ONS exhibitions I can see that the offshore and maritime industry have seen good developments for the bright future too. Currently no offshore vessels are being built but yards are busy with fishing vessels and also getting some very big cruise ship contracts. Even that we are happy about the order amount in Turku yard in Finland, so the timing is perfect to look towards Norwegian yards as well for the future cowork. Good news from offshore industry is that new technologies and smaller companies are getting contracts as well. These companies are more agile in today’s business but in need of reliable partners to be successful.

Kongsberg’s new digital division will be very interesting. Today they work from deep sea to the space and have some interesting information to share in the future as well.
And not to forget the technology and the word DIGITALISATION! Everyone is talking about digitalisation but it is not only a nice word. This is a reality in many businesses and as an example Kongsberg Group have started a new division Kongsberg Digital. This massive amount of information available and getting machines and products connected is something that we are interested talking to Norwegian industry as well.

The arctic area have 197 billion euros of investments in the near future. This is a high potential for us!
All in all, things are looking very interesting in Norway at the moment! Even though the next two weeks might be quite exciting for us Finns with Ice Hockey World Cup J I might be a lucky one to see some games live in Toronto. But let’s not forget the business because the weeks after will be quite extensive in project meetings in Norway and at the subcontracting fair in Tampere and at the Industry Summit in Oulu before Offshore Technology days again in Bergen.
Hope to see many of you in these events and discuss about the opportunities in Norway.

The ONS fireworks are always spectacular! Remember also the Offshore technology days in Bergen in October and Norshipping in Oslo at the end of May
Overview of the latest news and contracts in different sectors:
Offshore and Maritime
New orders – updated order list on Norwegian Yards.
Sevan Marine has been commissioned to create an evaluation study
Frontica ensures MHWirth contract worth 750 million
Siemens awarded Njord contract
Aker Solutions wins Utgard-contract worth half a billion
Now this rig also leaves Norway
Oil Service: Notifies a new round of layoffs
Kjos: We notice a clear effect of brexit
Aker Solutions gets Statoil contract
Hurtigruten builds hybrid ships
Westcon is going to build fishing boats again
Simek secured its largest contract ever
Omega assigned new Technip contract
Head Energy AS has been allocated extension of its framework contract with Technip Norway AS
Necon extends framework contract with Technip
IKM Consultants extends contract with Technip
Wah Seong awarded Sverdrup contract from Statoil
Nexans secures contract worth 187 million “down under”
SFF gets contract worth 70-80 million with Rosenberg
Claxton awarded Statoil contract Huldra
Maersk Drilling regains Maersk Valiant a year early
Mento awarded a framework contract by ENGIE
Aker Solutions wins contract in Vietnam
TCO got renewed Statoil confidence
Rowan Viking awarded new contract with Lundin
Ramboll secures Statoil contract
Statoil provides major contract to small Rogaland company
Statoil offers to cut their own rates
Altus Intervention ensures billion agreement with Statoil
JWS renewed contract with Statoil
Kleven and Hurtigruten celebrated billion contract today
Align awarded modification agreement with Wintershall
Det norske contracts for DNV GL
Fabricom awarded V & M deal with Wintershall
Robotic Drilling Systems has sold its first robot
Wintershall contract to Head Energy
Major contract for IKM Testing: – We hope for a value between 1 and 2 billion
Centrica contract to Schlumberger
Norsafe will deliver complete lifeboat systems for 15 new vessels
Well Connection has been awarded three new framework agreements
ASA has awarded Karsten Moholt AS with a framework agreement
Big mooring contract for Rolls-Royce
eVision Industry Software and Statoil have become partners
ASCO Norway has awarded SAR with a new contract
Autek has signed a framework agreement with Statoil
Kværner moves big Sverdrup-job home
Austrians are bidding on the TTS Group
Brexit will most likely not affect the Norwegian economy in a big way
Technology
Gaming Innovation Secures Agreement
Norwegian Link Pulse has been sold – Now the international growth can continue
SAS gets faster flight broadband
Swedish IT company swoops up another Norwegian operating environment
CCIS director Sofie thinks Norway is going to be the most stable IT nation within a few years
Statoil is now the largest owner of Arctic tundra oil in Russia
With this technology, we can multiply the value of natural gas
Moore’s law will survive even when transistors can no longer be shrunk
Opera is silent while “drop dead” date is about to run out
Nav buys computer equipment and services for up to 300 million from Atea
Evry CEO: – Norwegian IT industry is facing a very exciting period
The code Svein-Tore has written is approaching 155,000 lines, but is far from finished
Customers have had enough of Ice after introduction of new system
Unemployment goes down – but not among engineers
Microsoft has found new Norway boss
Customers are struggling to get into their bank account
Fedem have got their workers back to work
Access to Norwegian compromised servers are sold for small amounts
Construction
Solid selected Ø.M.Fjeld to build the new building project in Jessheim
Solvik-Olsen sent the third New Roads contract out on the market
Aventa delivers solar driven heating system Bjørkelangen school
Risa signed for tunnel upgrade
Powerful bankruptcy growth in August
Will triple the number of homes on Skøyen
3T wants to build hospitals and industrial park in Trondheim
Sharp decline in available construction jobs
Billion investment in Lower Otta plants
Twelve bankruptcies in week 31
Vegvesenet restrictive to lay off to contractors
Explosive housing inflation worries
OBOS bought shares for 850 million in Swedish housing giant
Rejlers wins framework agreement with Statnett
ABB won million contract with Statnett
Veidekke prepared new Horten secondary
Backe Trondheim to build Hommelvik middle school
AF Gruppen won Deichmanske contract
Øveraasen supply equipment for half a billion
Norconsult projects Trøndelags new health institute
Infranord builds out speed monitoring on the Main Line
AF Group will rectify tunnels in Rauma
AF builds wastewater treatment plant in Malmo
Siemens automates buildings on Campus Ås
Veidekke to build more homes for Neptune in Oslo
Multiconsult won agreement with Statnett
Betonmast build 21 apartments in Brumunddal
Vasto Construction AS pedestrian and cycle path in Sande municipality
M2 Construction builds 23 new Skedsmo apartments
Skanska builds new Skien high school
Veidekke to build flats on Straume Bergen
Veidekke to build new Revetal school in Re
Betonmast has signed PPP contract with Nesodden Municipality
Alento builds Visma premises in Tønsberg
Backe Stor-Oslo develops Eiksmarka Centre
Skanska builds new Orkla headquarters
Veidekke to build financial park in Stavanger
HENT builds Nannestad middle school
Signed contracts for technical subjects on Deichman project
Peab builds Sjursåkeren housing project in Alesund
These will build new energy plant to the fighter base
Lambertseter multipurpose hall will become the first fossil-free construction site
AF Group expands in Thurmannskogen
Skanska builds E16 Bagn-Bjørgo
Veidekke to build large for Selvaag Bolig and Ferd
Consto builds Holmenhagen for Stor-Oslo Eiendom
AF Group builds 84 new apartments on Hasle
Torpol won National Rail contract
Gausdal Bruvoll builds new factory
Veidekke gets a billion kroner contract in Stockholm
HENT builds a new hospital in Upper Romerike
AF wins tunnel contract in Rauma
Backe Northwest builds officers quarters in Ørland
Electrical Contract for six E18 tunnels in Vestfold
AF Group and Mur Direkte signed Campus Ås contracts
Teknobygg will build 82 apartments in Trondheim
Autodesk and Trimble sign agreement
Three consultants signed Ringeriksbanen and E16
Veidekke to build student housing in Drammen
Oslo skaters get a brand new skate hall
Constructa will renovate large Bergen hotel
Ølen Betong will deliver over 5,000 tunnel elements to Eastern Norway
Mvh,
Antti Mäkikyrö
Finnish Partners
am@finnishpartners.com
+47 404 69 657