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Monilaite-Thomeko investing in Russia and Belarus

In August, Monilaite-Thomeko Oy acquired 50% of Sollex Ltd in St Petersburg, Russia, and opened a joint venture sales and service office in Minsk, Belarus.“Joining forces with Sollex will help to improve customer service and widen our product portfolio. This will also mean a stronger position in the Russian market,” says Managing Director Fred Ramberg. Sollex is specialised in commercial and industrial refrigeration, and over the years has carried out projects for many major Finnish and international companies investing in Russia. Sollex was founded in 1992. As a result of this

Kiosked has Raised $5.75 Million in Funding

(Helsinki, Finland) Kiosked, the leading platform for activating brands and rewarding fans, has raised $5.75 million in funding from Kaj Hed, private investors and Tekes, the Finnish Funding Agency for Technology and Innovation. The funding will be used to further accelerate Kiosked’s growth in Europe, the U.S. and APAC and for building a world-class team. Mr. Hed will join Kiosked Board of Directors as Chairman.“Disrupting and re-shaping any industry is always interesting. Kiosked is the first to connect brands with their online business logic through their content and fans. It is going to

Hotel and restaurant chain Royal Ravintolat prepares to grow in the Helsinki Metropolitan Area

Finnish private equity company Intera Partners is investing in the largest privately held hotel and restaurant group in Finland, Royal Ravintolat Oy. The current owners, the Saari and Hynninen families, will remain significant minority owners after the transaction, which is being undertaken to prepare Royal Ravintolat Oy for expansion and a changing market situation in the metropolitan area.The hotel and restaurant industry in the Helsinki area is expected to grow despite the economic uncertainty of the near future. The €1.2 billion hotel and restaurant market in the metropolitan area is

New affordable Absence management solution from PlanMill smoothens HR workflow

As an expansion to its growing web-based business application suite, PlanMill delivers PlanMill Absence – now available as a robust standalone product, which can also be deployed as an optional module to existing PlanMill users. This innovative software solves issues of absence management, improves workflow, and reduces operational costs of organisations.Request, accept, schedule, calculate, and get statistics for absences -- all in one place! When complex corporate HR systems get clogged with payroll issues related to employee absences, PlanMill offers a unique and easy-to-use product for

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