Redeve Oy subsidiary Kansallisholding Oy and the City of Kristinestad signed an advance reservation agreement for a land area of approximately 235 hectares. The area will be zoned for large-scale data centre operations.
Redeve Oy’s Board of Directors has appointed Timo Heiskanen as the company’s new CEO as of 1 November 2024.
Icelandic Borealis Data Center is expanding its operations by acquiring the data centre previously operated by Herman IT in Renforsin Ranta.
The former Myllykoski paper mill area owned by Redeve has undergone extensive development, resulting in significant new business activities. The agreement on the location of the new atNorth data centre in Myllykoski, Kouvola, was signed on the 4th of December 2023.