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Ransomware driving professionalization of cyber crime

WithSecure report highlights a security incident involving five different groups as evidence of an increasingly professional, service-oriented cyber crime industry.Helsinki, Finland – May 25, 2023: The success of ransomware gangs has spurred a significant trend of professionalization amongst cyber criminals where different groups develop specialized services to offer one another, according to a new report from WithSecure ™ (formerly known as F-Secure Business). Ransomware has been around for decades, but the threat has continuously adapted to improvements in

Citycon’s updated sustainability strategy enables achieving the ambitious goals for 2030

CITYCON OYJ Corporate Press Release 25 May 2023 at 11:30 hours Citycon has updated its sustainability strategy for the coming period including focus areas, objectives and measurements. The updated sustainability strategy enables the company to work effectively on multiple areas towards its ambitious goals for 2030. Citycon has received recognition for its efforts to reduce the greenhouse gas emissions by being named among Europe’s Climate Leader companies for the third consecutive year by Financial Times and Statista. To underline its commitment to the long-term sustainability

Fredrik Göransson appointed new CEO of Transtronic

Dacke Industri is pleased to announce the appointment of Mr. Fredrik Göransson as the new CEO of Transtronic, effective June 1st, 2023.Fredrik Göransson comes most recently from Hubbster Group AB, where he was CPO (Chief Product Officer) for all SaaS solutions and Head of Business Area Tech Tools. He has been a Hubbster Senior management team member for several years. Previous, he has held management positions at, among others, Atlas Copco, a world-leading provider of industrial productivity solutions, and Vendavo, an American software company. Fredrik Göransson, the incoming CEO of

SKF announces changes to Group Management to further strengthen its commercial focus

Three new appointments are made in SKF Group Management aiming to further strengthen its commercial focus in the company’s journey towards increased profitable growth. A new position is also created to drive strategic sales and portfolio management.Gothenburg, 25 May 2023: SKF announces the appointments of David Johansson as President, Industrial Region Europe Middle East and Africa, Kerstin Enochsson as President, Automotive, and Hans Landin as Senior Vice President, Group Commercial Excellence Bearings. Rickard Gustafson, President and CEO, says: “To reach our potential, we need to

AI-powered lender Qred to be Europe’s newest bank

Qred, the fastest growing fintech company in Sweden, is proud to announce that it has been granted a full license to conduct banking operations. The company applied in October 2022 and the application was approved in only seven months. Stockholm, May 25, 2023 - Qred, recognized four times consecutively on the Financial Times list of Europe’s fastest growing companies, has been granted a full bank license by the Swedish Financial Supervisory Authority (SFSA). Using its proprietary AI-powered financing platform, Qred has since inception in 2015 issued over 100,000 loans to small

Fitch Ratings publishes Catena’s long-term credit rating, BBB- with a stable outlook

On May 25, credit rating agency Fitch Ratings has published credit rating BBB- with a stable outlook for the logistics property company Catena.25 May 2023, 10.00 a.m. CEST Among other things, the rating reflects the company's strong market position and a strengthened financial risk profile. - We have worked methodically to create a persistent risk profile and we experience great interest from both national and foreign investors. The rating verifies Catena’s strong financial position and will help us to create conditions for long-term financing, comments David Silvesjö, Catena’s Chief

Saab receives order for sight- and fire control capability

Saab has received an order for sight- and fire control capability from BAE Systems Hägglunds. The order value is approximately SEK 900 million and deliveries are scheduled 2023-2029.Saab will provide the capability for the BAE Systems’ CV90 combat vehicles ordered by the Slovak Republic in late 2022 and will carry out the work in Sweden and the Slovak Republic. “We look forward to continuing to deliver our proven sight- and fire control capability for BAE Systems’ CV90, providing the user with precise targeting capability regardless of the vehicle’s movements says Carl-Johan Bergholm,

IFS Cloud May 2023 release to advance business resilience efforts through optimization and connectivity capabilities

New functionalities across ERP, EAM, FSM, MRO and Service Management include  industry-specific enhancements to accelerate digitalization across business operations end-to-endLondon, UK, May 25, 2023 – IFS , the global cloud enterprise software company, today announced the general availability of the first of its twice-yearly IFS Cloud releases. The update will support customers as they enhance business agility, build resilience and mitigate risk in a world of constant change. Every IFS Cloud release strengthens the IFS vision

Archer Limited: Archer secures five-year Coiled Tubing and Pumping contract in the UK with estimated potential value of up to $50 million

Hamilton, Bermuda (May 25, 2023) Archer is pleased to announce the award of a five-year contract for the provision of Coiled Tubing and Pumping services with Perenco UK Limited in the United Kingdom. The contract contains two options of one year each and commenced May 3, 2023 in direct continuation of our previous contract with Perenco. The estimated contract value, based on expected activity level for the committed term, is an estimated potential value of up to $50 million. Dag Skindlo, CEO of Archer: "We are extremely proud to announce this long-term Coiled Tubing and Pumping

Publication of offer document

Correction Notice - with the correct attachment.NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. With reference to the announcement of 27 April 2023 regarding the entering into of a binding agreement between Deutsche Börse AG (Deutsche Börse) and SimCorp A/S (SimCorp or the Company), pursuant to which Deutsche Börse will make an all-cash voluntary recommended public takeover offer to acquire all of the issued and outstanding shares (except

LINK Arkitektur AB wins contract designing new buildings within advanced healthcare

Region Skåne has awarded LINK Arkitektur AB a contract for the construction of the new hospital buildings in Malmø, Sweden. The winning architectural team has been awarded a contract for the pre-design that includes all architectural disciplines. The pre-design phase will begin during the third quarter of 2023 and last for approximately 2 years. The contract includes options for detailed design and follow-up in construction phase. The value of the contract to the Multiconsult group is approximately NOK 33 million (NOK 80 million including options).The winning team consists of LINK

BioStock: Full speed ahead for BiBBInstruments after FDA clearance

2022 was intensive in terms of regulatory work for BiBBInstruments. The work started paying off in March this year when the medical technology company was awarded FDA clearance for the company's most important product, EndoDrill GI. The FDA clearance opened the door to the world's largest market for ultrasound-guided endoscopy. This also means that BiBB is a step closer to reaching a global distribution agreement. Looking ahead, clinical market activities in the US and a clinical multicentre study in pancreatic cancer in Sweden are expected.Read the article at biostock.se: https://www.

Limited-edition sample box from Holmen Iggesund sparks packaging dialogue

Holmen Iggesund’s new sample box, Touching Tomorrow, invites customers to discover materials, techniques and designs through a portfolio featuring the works of some very talented photographers and printing experts. Choosing the right packaging material is crucial for brands, not only to cater for the demands of their product, but to meet environmental targets as well. Holmen Iggesund’s new sample box guides and inspires brand owners in making the right selection and helps them to be a part of what’s next in packaging. “We wanted to explore how the packaging of tomorrow might

Zound continues its profitable growth journey in historic first quarter

Zound Industries continued its strong revenue and profit growth journey into the first quarter of 2023, with net sales increasing 54% to SEK 857.4 million. Operating profit increased to SEK 173.8 million (70.6), amounting to an operating margin of 20.3%, up from 12.7% in the same period last year. Zound also announced the acquisition of Marshall Amplification to create the Marshall Group, which will enable the company to further expand into the multi-billion-dollar global audio-tech industry.“The first quarter was an historic chapter for Zound. In addition to delivering our third best

Alma Media enables measuring of digital advertising carbon footprint as a first Finland based publisher

Alma Media Corporation                 Press Release              25 May 2023 ALMA MEDIA ENABLES MEASURING OF DIGITAL ADVERTISING CARBON FOOTPRINT AS A FIRST FINLAND BASED PUBLISHER Alma Media is the first Finland based publisher to offer its advertisers a carbon footprint calculation of digital campaigns. Greenhouse gas emissions generated by advertising published on Alma Media's ad network are reported to customers on a promotion-by-campaign basis.    The measurement looks at the emissions related to advertising from the complete supply path of the campaign. The calculation of

Neste to set the first science-based targets for nature as part of the selected pilot group by the Science Based Targets Network

Neste Corporation, News, 25 May 2023Neste is selected to the initial target validation group for science-based targets (SBTs) for nature, by The Science Based Targets Network (SBTN), which is aiming to set the global standard for ambitious and measurable corporate action on nature. Globally, only 17 companies are invited to the target validation group to pilot a global framework for setting targets, and measuring and validating organizations’ nature work.   “We are excited to be included in the initial target validation group. Biodiversity is an important part of our

Wärtsilä to deliver lab engine to SIMAC to support development of maritime skills

Wärtsilä Corporation, Press release, 25 May 2023 at 10:00 AM EESTTechnology group Wärtsilä has signed a contract to deliver a Wärtsilä 20  engine to SIMAC, Denmark’s leading maritime education centre. The intention is to operate and maintain the engine as part of SIMAC’s machinery laboratories, while at the same time deliver power to the local utility grid. The order will be booked by Wärtsilä in June 2023. The Svendborg International Maritime Academy’s (SIMAC) new laboratory will be designed around the Wärtsilä engine and will include a control room and needed

External revenue increase of 18% despite difficult market conditions

Inside information Interim financial report for Q1 2023Today, LED iBond International’s (LED iBond) Board of Directors approved the interim report for Q1. Martin Løbel, CEO of LED iBond international comments: “It is positive that LED iBond continue to increase revenue from external customers in a difficult market. I’m also pleased to see that we improved EBITDA by TDKK 906 and reduced our cash burn by 50%. In Q1, we have developed improved solutions for both indoor farming market and smart building. The market and customer awareness are increasing due to focused marketing activities,

Freetrailer Group A/S Quarterly report Q3 2022-2023

After a Q3 with 10% revenue growth, Freetrailer sees positive signs of increased rental activity in Q4, especially in our international markets.In Q3 22/23, the number of rentals increased by 9% compared to the same period last year, and revenue grew by 10% compared to Q3 21/22. Freetrailer Group A/S presents a financial report for the first nine months of the fiscal year from July 1, 2022, to June 30, 2023.  Q3 GROUP KEY FIGURES IN DKK 1,000 (1 January 2023 - 31 January 2023)(the corresponding period last year is indicated in brackets) · Revenue 17,029.2 (15,483.2) ·

Strategy Update: Following a successful AGM, DecideAct aims to break even in 2024 after emerging stronger from a turbulent 2022

Yesterday, DecideAct held its annual general meeting, where the company’s CEO, Flemming Videriksen, took stock of 2022 and gave an update on the strategy. In 2022, DecideAct passed DKK 10 million in ARR, and the year thus marked the end of the company's first 10x growth journey. This result was achieved in a year when SaaS companies in general were severely challenged. Now DecideAct aims to break even in 2024.At the end of 2022, the growth in ARR was 37% gross and 14% net after churn. Like other SaaS companies, DecideAct was affected by many companies taking a step back and cutting their

BioStock: Alligator Bioscience awarded Orphan Drug Designation for mitazalimab

Lund-based Alligator Bioscience continues to increase the value of its lead asset mitazalimab. The company recently announced receiving Orphan Drug Designation for the CD-40 antibody from the FDA. BioStock contacted Jonas Henningsen, VP Regulatory Affairs at Alligator, and CEO Søren Bregenholt, to learn more about what this means for the project.Read the interview with Jonas Henningsen and Søren Bregenholt at biostock.se: Alligator Bioscience awarded Orphan Drug Designation for mitazalimab - BioStock 

Inhalation Sciences receives 125,000 EURO funding in cross-European research project on inhaled antibiotics and antibiotic resistance

(Stockholm, 25 May, 2023) Inhalation Sciences (ISAB) has been awarded 125,000 EURO for its role in the research project ‘New Inhalation Formulations for Improved Delivery of Antimicrobials’ (APRINHA). ISAB is one of seven organizations collaborating on this project, including RISE (the Research Institutes of Sweden.) ISAB announced that it had collaborated with RISE on a joint funding proposal for the project on June 9, 2022. The project will run for 36 months. It is being coordinated by the University of Zurich (UZH).The unmet need for a targeted, efficacious inhaled antibiotic treatment

INTERIM REPORT JANUARY 1st 2023 – MARCH 31st 2023

SELECTIMMUNE PHARMA IN BRIEF   · Antibiotic resistance is a global, rapidly growing health concern. The World Health Organization (WHO) has declared antibiotic resistance a major threat to global health. · SelectImmune Pharma is an innovative biotech company that develops novel therapies against infection. · These therapies are designed to inhibit excessive innate immune responses to infection, which are a major cause symptoms and pathology. · Several of the company’s drug candidates have shown protective effects against bacterial infection in animal models, including

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