AIRLINK 80.50 Increased By ▲ 1.09 (1.37%)
BOP 5.30 Decreased By ▼ -0.03 (-0.56%)
CNERGY 4.38 No Change ▼ 0.00 (0%)
DFML 35.05 Increased By ▲ 1.86 (5.6%)
DGKC 76.22 Decreased By ▼ -0.65 (-0.85%)
FCCL 20.60 Increased By ▲ 0.07 (0.34%)
FFBL 32.18 Increased By ▲ 0.78 (2.48%)
FFL 9.75 Decreased By ▼ -0.10 (-1.02%)
GGL 10.15 Decreased By ▼ -0.10 (-0.98%)
HBL 117.80 Decreased By ▼ -0.13 (-0.11%)
HUBC 134.90 Increased By ▲ 0.80 (0.6%)
HUMNL 7.02 Increased By ▲ 0.02 (0.29%)
KEL 4.57 Decreased By ▼ -0.10 (-2.14%)
KOSM 4.74 No Change ▼ 0.00 (0%)
MLCF 37.26 Decreased By ▼ -0.18 (-0.48%)
OGDC 136.79 Increased By ▲ 0.09 (0.07%)
PAEL 23.01 Decreased By ▼ -0.14 (-0.6%)
PIAA 27.05 Increased By ▲ 0.50 (1.88%)
PIBTL 6.97 Decreased By ▼ -0.03 (-0.43%)
PPL 113.50 Decreased By ▼ -0.25 (-0.22%)
PRL 27.35 Decreased By ▼ -0.17 (-0.62%)
PTC 14.75 No Change ▼ 0.00 (0%)
SEARL 57.08 Decreased By ▼ -0.12 (-0.21%)
SNGP 66.90 Decreased By ▼ -0.60 (-0.89%)
SSGC 11.00 Decreased By ▼ -0.09 (-0.81%)
TELE 9.26 Increased By ▲ 0.03 (0.33%)
TPLP 11.60 Increased By ▲ 0.04 (0.35%)
TRG 72.76 Increased By ▲ 0.66 (0.92%)
UNITY 25.60 Increased By ▲ 0.78 (3.14%)
WTL 1.37 Decreased By ▼ -0.03 (-2.14%)
BR100 7,559 Increased By 33.2 (0.44%)
BR30 24,675 Increased By 25.4 (0.1%)
KSE100 72,173 Increased By 201.9 (0.28%)
KSE30 23,822 Increased By 73.4 (0.31%)
Business & Finance

Google to invest 3 billion euros in European data centres

Google will make an additional investment of 3 billion euros ($3.3 billion) over the next two years to expand its E
Published September 20, 2019
  • Google will make an additional investment of 3 billion euros ($3.3 billion) over the next two years to expand its European data centres.
  • Google already has one data centre in Hamina, where it invested 800 million euros to convert an old paper mill.
  • Google's other European data centres are located in the Netherlands, Ireland and Belgium.

Google will make an additional investment of 3 billion euros ($3.3 billion) over the next two years to expand its European data centres, Chief Executive Sundar Pichai said in Finland.

The investment plan includes an additional 600 million euros investment in the Hamina data centre in Finland, bringing total investment in the site to 2 billion euros, Finland's Prime Minister Antti Rinne told the joint news conference.

"This is fantastic news for Finland," Rinne said.

Google already has one data centre in Hamina, where it invested 800 million euros to convert an old paper mill. It said in May it would invest 600 million euros in a new data centre on the same site.

Google bought the site from paper firm Stora Enso in 2009. The location is close to the Russian border and uses seawater from the Gulf of Finland to reduce energy used in cooling.

Google's other European data centres are located in the Netherlands, Ireland and Belgium.

Comments

Comments are closed.