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AAK signs EUR 400 million sustainability-linked revolving credit facility

AAK AB (publ.) has signed a EUR 400 million sustainability-linked revolving credit facility, renewing an undrawn EUR 400 million credit facility, signed in 2014 and amended in 2018. The renewed facility will be closely linked to a number of AAK’s sustainability targets, among them the company’s commitment to a 100 percent deforestation- and conversion-free palm supply chain by 2025. “The sustainability-linked facility is completely in line with our corporate purpose, Making Better Happen™, as well as our three focus areas within sustainability – Better Sourcing, Better Operations and

Alelion contracts patent agent for strategic review of Energy Management patent portfolio

In March 2018, Alelion acquired the assets of Caterva, including its patent portfolio. Caterva was an Energy Management company which had received investments totaling MSEK 140 from Siemens and other investors. The patent portfolio comprises 17 patents, three of which are pending. The patents cover many aspects of the management of distributed energy storage systems. Following the rapid market growth in electrified vehicles and VW’s recently announced concept to utilize vehicles as mobile energy storage facilities, our patent portfolio has become all the more relevant. We are thus

Conotoxia enables multi-currency card payments in Google Pay, Fitbit Pay and Garmin Pay

Holders of Conotoxia multi-currency cards can make contactless payments with their phone and smartwatch, use online payments and withdraw cash from ATMs using Google Pay. Moreover, they have the option to conduct contactless payments with their wearable device and withdraw money from ATMs with Fitbit Pay and Garmin Pay.Enabling Google Pay for Conotoxia multi-currency cardholders allows them to perform contactless payments with their phone and watch in stationary stores, pay for purchases online and in mobile apps, as well as withdraw cash from ATMs. The only requirement is to have the

Anton Romare Keller new Head of Handelsbanken Investment Banking

Anton Romare Keller has been appointed as the new Head of Investment Banking, following on from a period in which he has served as Acting Head of the same unit.“I’m delighted to have Anton onboard. He has a wealth of experience within investment banking, in areas such as sales, advisory, risk management, back office, IT and business development”, says Dan Lindwall, Head of HM.   “I look forward to continue to drive the transition that is already underway at both the bank and the investment bank to ensure we meet our customers’ evolving requirements. We must become quicker and more

Flowscape receives software order from UK manufacturer

A British manufacturing company with operations in 12 countries has selected Flowscape's solution to book desks and meeting rooms for their new UK headquarters. This deployment is the first phase of their digital workplace implementation strategy, which Flowscape has been selected to support. The order value in the first year is GBP 24,000 and thereafter GBP 17,000 annually."This new opportunity was brought to Flowscape by one of our UK strategic partners, who will handle first line support for their client.  Flowscape’s growth in UK is being led by our established network of partners, who

Telstra goes live with Ericsson Digital BSS

· Front end digital transformation streamlines the digital experience to make it easier for customers to manage their service · Solution delivers improvements of more than 50 percent in pre-paid service activation speed compared to legacy alternative · Solution enables Telstra to offer simple, easy to use products and experiencesPre-paid customers of Australian communications service provider (CSP) Telstra are among the first globally to benefit from faster and more intuitive pre-paid digital subscription experiences enabled by the latest Ericsson (NASDAQ: ERIC) Digital Business

KONE to equip Luoyang Metro Line 2 in China

KONE Corporation, press release, June 17, 2021 KONE Corporation, a global leader in the elevator and escalator industry, has won an order to deliver 71 KONE escalators for the first phase of Metro Line 2 in Luoyang. Situated in the country’s central Henan province, the city is known as one of the Four Great Ancient Capitals of China.  Luoyang opened its subway system in March 2021, and Line 1 is currently in service. The new 18-kilometer-long Luoyang Metro Line 2 will serve a north to south route via 15 stops, connecting the city’s two major existing transportation hubs: the

AFRY signs agreement with the Swedish Transport Administration for electrification of the railway section Nässjö – Värnamo

The project will shorten travel time and is an important step in the transition towards more sustainable passenger and freight transports. Electrification of the railway line enables increased speed, reduced carbon dioxide emissions, and provides positive environmental effects through the transfer of goods from road to railway.When the Swedish Transport Administration electrifies the railway section Nässjö – Värnamo, it will enable traffic by modern electric trains, more efficient freight transport to and from the port of Gothenburg, and reduction of travel time between Jönköping and

Lantmännen in unique robot project for the Farming of the Future

Robots that spread fertiliser, sow or harvest, that can minimise the use of crop protection, put livestock out to pasture and  efficiently work round the clock,are part of the future of farming. Around the world, the rapid development of self-driving machinery is going to change agriculture. Lantmännen, in partnership with RISE and Agrointelli, is in the midst oftesting Robotti, a self-driving robot, on the Swedish fields.Trials with Robotti are set to start in Uppsala in mid-June, starting off with autonomous seedbed preparation and the sowing of barley. After which, other tasks in the

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Stora Enso’s subsidiary Efora Oy to outsource its Veitsiluoto Mill Engineering operations to Etteplan

Etteplan press release, June 17, 2021 at 10.00 a.m. EEST Stora Enso’s subsidiary Efora Oy will outsource its Veitsiluoto Mill Engineering operations to Etteplan. The outsourcing is related to Stora Enso’s decision to close the production of paper and pulp at Veitsiluoto Mill in Kemi, Finland by the end of Q3 2021. According to the contract, a maximum of 21 Efora project managers and project engineers will transfer to Etteplan as existing employees as of  August 1, 2021. ”We are pleased that the entire Engineering team will transfer to Etteplan. This way we can benefit from their know-

NENT Group’s Canneseries winner ‘Partisan’ renewed for second season

· Season one of ‘Partisan’ named Best Series at Canneseries 2020 · Amir Chamdin returns to direct ‘Partisan’ season two · NENT Group to premiere at least 40 original productions in 2021 Nordic Entertainment Group (NENT Group) has commissioned a second season of its hit Viaplay Original ‘Partisan’, which received the prestigious Best Series award at Canneseries 2020. Amir Chamdin (‘God Willing’) will return to helm the new season, which will again feature a stellar line-up of Sweden’s leading acting talents. Co-produced by Warner Bros. International Television Production (NENT Group’

SpareBank 1 SR-Bank announces new corporate structure and changes in the group management team

From 1 October, changes will be made to the group management team and corporate structure of SpareBank 1 SR-Bank with the aim of getting even closer to customers. “The new corporate structure is intended to increase the focus on our main customer segments. That’s why we are moving from two to three customer divisions with comprehensive and clear responsibilities, as well as closer operational cooperation with the subsidiaries,” says Group CEO Benedicte Schilbred Fasmer of SpareBank 1 SR-Bank. All of the changes are described in more detail below. The new group management team will

Wärtsilä signs multiple vessel support agreement with Nakilat

Wärtsilä Corporation, Press release, 17 June 2021 at 10 AM EESTThe technology group Wärtsilä has signed Support Agreements  for LNG carriers owned by Qatar-based Nakilat, owner of the world’s largest LNG carrier fleet. The agreements were signed in April this year and are valid for five years. Wärtsilä is the supplier of the LNG reliquefaction systems onboard all of the QFlex vessels covered by the agreements. Under the contract terms, Wärtsilä will provide 24/7 technical remote support for the vessels’ onboard Gas Process Plants. The customer has direct access

LINK Mobility acquires U.S. based Message Broadcast, LLC continuing global expansion

Oslo, 16 June 2021 at 19:30 CEST: Reference is made to the announcement by LINK Mobility (LINK) on 14 June 2021 regarding a potential acquisition and EUR bond tap issue. LINK has today entered into a definitive agreement to acquire Message Broadcast, LLC, a leading provider of mission critical customer engagement solutions to blue chip enterprise customers in the U.S. The acquisition will advance LINK’s position in the U.S. and significantly contribute to the organic growth and profitability of the group. Message Broadcast is headquartered in Newport Beach, California and is 100%

Bonava sells 154 rental apartments in Stockholm

Bonava is selling 154 Nordic Swan ecolabelled rental apartments in Sollentuna, Stockholm, to NREP. The transaction is valued at SEK 431 million and is contingent upon the issue of a building permit. The first housing units are expected to be completed and handed over to the customer in the fourth quarter of 2023. Occupancy will occur gradually as of the third quarter of the same year.– There is immense interest in our attractive rental housing projects. We are delighted that this transaction will enable us to contribute to the development of the attractive Väsjön area and to build

Another Joker joins the pack in Play’n GO’s latest game

Play’n GO have a winning card up their sleeve with the next instalment in their Joker series, Free Reelin’ Joker.Set in funhouse-style surroundings, the Free Reelin’ Joker is finally home from his mischievous travels. He’s the roaming brother to the Joker sisters and the newest member to join the pack.  Simple and classic in its style, Free Reelin’ Joker is a model slot game filled with all the features and symbols you’d expect to see in a traditional fruit machine, including fruits, sevens and Wilds.   Players start with three reels and only one payline, and the Free Reelin’ Joker

Swedish healthcare region goes live with cloud service from Sectra for radiology imaging

Linköping, Sweden – June 17, 2021 – International medical imaging IT and cybersecurity company Sectra  (STO: SECT B) has installed a region-wide cloud service for the radiology and clinical physiology operations in one of Sweden’s healthcare regions, Region Västernorrland. The solution makes reading radiology images simpler and more efficient by making both the images and related information available in the same system. Since Sectra assumes responsibility for technology and operation of the system, the healthcare provider can devote more time to its core business—

RLS Global AB and ConvaTec Ltd sign agreement on global commercial rights for ChloraSolv, an innovative wound debrider indicated for hard-to-heal wounds

RLS Global, a medical healthcare company based in Sweden and ConvaTec, one of the world’s leading companies in advanced wound care, have entered a global collaboration to commercialize ChloraSolv. ChloraSolv is a ground-breaking gentle debrider, which is already currently sold in some European countries. ChloraSolv will be included in ConvaTec’s Wound Hygiene[TM] Protocol of care for hard-to-heal wounds, which was developed by Key Opinion Leaders (“KOLs”) and promoted by ConvaTec, where it will add a significant benefit in terms of debridement solutions.The collaboration includes rights to

Stora Enso completes co-determination negotiations at Veitsiluoto site

STORA ENSO OYJ INVESTOR NEWS 17 June 2021 at 9:30 EESTStora Enso has completed the co-determination negotiations concerning closing down the pulp and paper production at its Veitsiluoto site in Finland. The closure will take place during the third quarter of 2021. As a result of the negotiations, 550 people will be permanently laid off. Some 28% of the redundancies can be managed through pension arrangements.In April 2021, Stora Enso announced a plan to permanently close down pulp and paper production at its Kvarnsveden and Veitsiluoto sites due to the declining paper market. As a result

Peab builds new shopping center in Åkersberga

Peab has been commissioned to build a new shopping center, Maxi ICA Stormarknad, in Åkersberga north of Stockholm. The customer is Fastica Åkersberga AB and the contract is worth SEK 180 million.The project comprises new construction of a shopping center for Ica with the accompanying groundwork and parking as well as demolition of the existing building on the property. The new building will be a wooden structure with a sedum roof and solar panels. In addition, Peab will do the preparatory work for future construction of a three story office building. The building will be certified according

Metso Outotec launches Life Cycle Services programs for Filters to improve achieving optimal filtration results

Metso Outotec Corporation’s press release on June 17, 2021, at 09:15 a.m. EESTMetso Outotec is launching four progressive Life Cycle Services (LCS) programs for filtration to help customers overcome operational and process challenges. With the programs in place, customers can simplify their maintenance, improve filter reliability, minimize downtime, and maximize filter life while achieving the highest productivity for the filters. Life Cycle Services help to improve overall filter reliability, performance, and safety. “Metso Outotec LCS programs for Filters are designed to optimize

Omegapoint Group signs Partnership agreement with Cinode, the market-leading Skills Management platform.

Omegapoint is a consulting company specialized in cyber security and secure digitization, with over 400 consultants in Stockholm, Gothenburg, Malmö, Umeå and Uppsala. They have now signed a partnership agreement with Cinode, the market-leading Skills Management platform.- I have followed Cinode since 2013 so when the supplier of our previous consulting profile tool decided to discontinue the service, Cinode was top of mind. With Cinode, we have managed to replace our previous CV tool, our CRM and two critical Excel sheets, with one single system. We have connected all companies within the

Alimak Group affirms focus on profitable growth and adjusts mid-term financial targets

The Board of Directors of Alimak Group has decided to update the financial targets and dividend policy to reflect the value creation potential identified as part of the New Heights Programme launched in October 2020. In addition, the Group has decided on a new sustainability target.The updated mid-term financial targets and dividend policy are: · Revenue growth target: 5-7% The Group’s mid-term target is to have an average annual revenue growth of 5-7%. (previous target: achieve an average annual organic revenue growth of at least 6%). · EBITA-margin target: 14-16% The

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