Mtech had an eventful year in 2018 as our business grew, developed and became increasingly international. The company structure and operations also changed during the year, with a new office established in Rovaniemi in March and the acquisition of the share capital of the Kauhajoki-based Neviso Oy. Following the acquisition, Mtech constituted a group in 2018 that consists of the parent company Mtech, the wholly-owned subsidiary Neviso Oy and a 50% stake in Biocode Oy, a developer of digital solutions related to the environmental footprint of operations, established in 2017.
A software development team comprised of approximately five members started working at the new office in Rovaniemi in March. Our plan for the coming years is to grow our Rovaniemi office into a software development unit with multiple teams and approximately 10–15 employees. The new unit presents us with new opportunities to serve companies in the Arctic region and particularly in the Rovaniemi area.