Veraventure, others invest in MHG Systems

Veraventure Oy and a group of other investors have made a capital investment in MHG Systems Ltd., which produces bioenergy enterprise resource planning (ERP) systems. "The investment made by Veraventure and other investors will speed up the commercialization of MHG's ERP solution in selected and rapidly growing target markets," said Seppo Huurinainen, the managing director of MHG Systems. "The solution is already available in 13 languages. In addition to money, the new investors will also bring about new business know-how, which is required especially for achieving rapid international growth."