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Singapore Company Plans Major Data Center at Historic Kymi Mill Site

By Nordics Today News Team •

Singapore's Nova Complex plans a major data center development at Kymi Ruukki in Kouvola, Finland. The project will transform the historic industrial area through phased development while preserving existing operations. Local officials welcome the investment as validation of the region's competitiveness for digital infrastructure.

Singapore Company Plans Major Data Center at Historic Kymi Mill Site

A Singapore-based company is moving forward with plans to establish a new data center at the historic Kymi Ruukki industrial area in Kouvola, Finland. Nova Complex has signed a conditional property agreement with Finnish forest industry giant UPM to develop the facility.

The project represents a significant transformation for the traditional industrial zone. Company officials say they will repurpose existing buildings while constructing new facilities to accommodate the digital infrastructure.

Nova Complex operational director Bernard Mahsanoo stated the investment will boost local economic activity and vitality. He emphasized the project's role in advancing Finland's broader digital economy.

Kouvola Mayor Marita Toika welcomed the development as validation of the city's competitive investment environment. She praised UPM's active approach to regional development and expressed enthusiasm about new jobs and other economic benefits.

Technical director Hannu Tylli highlighted Kouvola's advantages for such projects. The city offers extensive industrial plots and comprehensive electrical networks left behind by traditional industry. He noted the data center would complement existing operations while representing new industrial forms.

The development process will occur in multiple phases to allow current users to remain in the area. Company representatives will communicate work schedules to existing building users as plans progress.

This project reflects Finland's growing appeal for data center investments. The country offers cool climates that reduce cooling costs, stable political environment, and reliable green energy sources. Northern European nations have become increasingly attractive for digital infrastructure due to these factors.

Kymi Ruukki's industrial history dates back centuries, with ironworks established in the 1790s. The transition from traditional industry to digital infrastructure represents a notable evolution for the region. Similar transformations have occurred across Finland as the country positions itself as a digital hub.

International companies have shown increasing interest in Finnish data center locations in recent years. The country's advanced digital infrastructure and skilled workforce provide strong foundations for such investments. This project follows similar developments in other Finnish cities where industrial areas have been repurposed for technology uses.

The development could bring substantial employment opportunities during construction and operation phases. Local officials anticipate positive economic ripple effects throughout the Kouvola region. The project demonstrates how traditional industrial cities can adapt to changing economic landscapes.

Data centers have become crucial infrastructure supporting Finland's digital services and international connectivity. This investment aligns with national strategies to enhance digital capabilities while utilizing existing industrial assets effectively.

Published: November 11, 2025

Tags: Finland data center investmentKouvola industrial developmentSingapore company Finland project