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Fortum streamlines its Swedish hydropower operations

FORTUM CORPORATION ONLINE NEWS 21 DECEMBER 2020 9:30 EET Fortum has decided to sell eight small hydropower plants in Sweden to Downing Renewables & Infrastructure Trust plc. The power plants have an average annual power generation of 0.1 terawatt hours and a total capacity of 26 megawatts, representing 0.5% of Fortum’s Swedish hydropower capacity. The power plants are mainly run-of-river plants and not essential to Fortum’s strategic focus due to their small size and limited flexibility. The total purchase price on a debt and cash free basis is EUR 64.5 million. The transaction is

Epiroc Q4 report and invitation to conference call on January 26

Stockholm, Sweden: Epiroc AB, a leading productivity partner for the mining and infrastructure industries, will publish its Q4 2020 results on Tuesday January 26, at approximately 12.00 CET. A conference call for investors, analysts and media will be held at 14.00 CET.The report will be presented on the conference call by President and CEO Helena Hedblom and CFO Anders Lindén. It will begin with a short presentation of the report followed by a question-and-answer session. To participate in the webcast, either access the link here  or

PowerCell receives order for PowerCell S3 from Bosch at a total value of MSEK 17.9

PowerCell Sweden AB has received an order for PowerCell S3 fuel cell stacks from Bosch at a total value of approximately MSEK 17.9 (1,769,400 Euro). The order will be delivered during the first half of 2021.The order comprises several PowerCell S3 fuel cell stacks to be delivered to Bosch within the framework of the joint development and licensing agreement. The order will be delivered during the first half of 2021. In April 2019 Robert Bosch GmbH and PowerCell Sweden signed an agreement regarding the development, production and sale of the PowerCell S3 fuel cell stack for the automotive

SpareBank 1 Nord-Norge has received its Minimum Requirement for Own Funds and Eligible Liabilities (MREL)

SpareBank 1 Nord-Norge has received its MREL requirement from the Norwegian Financial Supervisory Authority (FSA). According to the notice, SpareBank 1 Nord-Norge shall hold total MREL capital equal to 34 per cent of an adjusted Risk Weighted Assets (RWA). The requirement is based on the group's balance as of 31. December 2019, and adjusting for the group's level of own funds, and convertible debt this leads to a requirement of eligible liabilities of NOK 19 112 million, of which 7 018 remains to be issued. The MREL requirement, according to the notice, is applicable from 1. January 2021.

Test Material from Large Scale Production Delivered

The first samples of test material from the upscaling to large-scale production of Nanologica’s silica have been delivered.Upscaling to large-scale production of Nanologica’s silica started in July 2019. The silica is produced according to Nanologica’s proprietary methods at the contract manufacturer Sterling Pharma Solutions in the UK. The first samples of test material have now been delivered. ” It is very pleasing to having received the first test material from the large-scale production. This shows our production method is scalable and gives us confidence going into ton scale

Gaming Innovation Group issues convertible loan to two institutional investors

Gaming Innovation Group (GiG) have had a successful turnaround over the last year. Coming into 2021 the business is seeing momentum with additional opportunities to deliver long term shareholder value. To take advantage of those opportunities GiG has decided to issue a subordinated convertible loan of EUR 8.5 million to two Nordic investment funds Formue Nord A/S & Symmetry Invest A/S. GiG sees a very strong market development for its target customer base as regulation and digitalisation of the gambling industry drives demand and will use the proceeds from the convertible loan to expedite

Tagrisso approved in the US for the adjuvant treatment of patients with early-stage EGFR-mutated lung cancer

21 December 2020 07:05 GMT Tagrisso approved in the US for the adjuvant treatmentof patients with early-stage EGFR-mutated lung cancer Approval based on unprecedented results from the ADAURA Phase III trialwhere Tagrisso reduced the risk of disease recurrence or death by 80% AstraZeneca's Tagrisso (osimertinib) has been approved in the US for the adjuvant treatment of adult patients with early-stage epidermal growth factor receptor-mutated (EGFRm) non-small cell lung cancer (NSCLC) after tumour resection with curative intent. Tagrisso is indicated for EGFRm patients whose

FREYR and 24M sign License and Services Agreement for mass production of clean, low-cost and safe lithium-ion battery cells

FREYR AS and 24M Technologies, Inc. have signed a definitive License and Services Agreement to use 24M’s SemiSolid lithium-ion battery platform technology in FREYR’s planned facilities in Mo i Rana, Norway. FREYR is targeting the development of over 40 GWh of scalable, modular battery cell production capacity via a phased development approach utilizing deep partnership-based strategies, including in-licensing of next generation technologies. 24M’s SemiSolid platform technology provides unique opportunities for the production of cost-optimized, application-specific designs in both grid

MAG Interactive (publ) acquires Swedish game developer Apprope

The company expands in the word puzzle category by acquiring the Swedish game studio Apprope.Stockholm, Sweden - 21 December 2020 - MAG Interactive announces today the acquisition of the Swedish game studio Apprope through an initial cash purchase price of SEK 50 million on the day of closing with an additional purchase price of a maximum of SEK 50 million based on profits for the next three years. The purchase is financed through existing cash and bank financing. Closing takes place 4 January 2021. Apprope is a Swedish mobile game developer, founded in 2012. The company develops games

DDM Debt cancels EUR 5 million of repurchased bonds as part of written procedure and provides update on further buybacks of bonds

DDM Debt AB (publ) (Nasdaq Stockholm: DDM2) ("DDM Debt") today announces that it has repurchased and cancelled EUR 5 million of its bonds due 2021 (ISIN SE0010636746) as part of the extension and amendment process approved in August 2020. The Company also announces that it has repurchased about 20% of its outstanding EUR 100 million senior secured bonds with ISIN SE0012454940 due 2022 and has about EUR 45 million of liquidity on hand.

Citycon selects Skanska to build four residential towers as part of its Lippulaiva urban development project

CITYCON OYJ Corporate Press release 21 December 2020 at 9:00 hours Citycon has signed an agreement with construction company Skanska on constructing four residential towers as part of the Lippulaiva urban development project. This is consistent with Citycon’s strategy of developing urban hubs. Citycon is increasingly concentrating on developing mixed-use projects in which residentials, offices, retail and diverse service offerings are closely related to the transportation. Four residential towers with 4–14 storeys and 275 apartments will be built in the north-western end of

Update on US regulatory review of roxadustat in anaemia of chronic kidney disease

18 December 2020 22:00 GMT Update on US regulatory review of roxadustat in anaemia of chronic kidney disease The US Food and Drug Administration (FDA) has requested further clarifying analyses of clinical data, to complete its review of the New Drug Application (NDA) for roxadustat, an oral hypoxia-inducible factor prolyl hydroxylase (HIF-PH) inhibitor for patients with anaemia of chronic kidney disease (CKD).   AstraZeneca and FibroGen, Inc. (FibroGen) are committed to working with the FDA and have agreed to submit the additional clarifying analyses as soon as possible to

Bonava sells 155 rental apartments in Lübeck

Bonava has sold 155 rental apartments in Lübeck, Germany, to the property company INDUSTRIA WOHNEN. The transaction amounts to approximately EUR 45 M. The housing units will be completed in three phases, with the first of these units expected to be handed over to the customer and recognised in profit in the third quarter of 2022.–  Germany is a strategically important market for us and the need for affordable housing there remains high. Accordingly, there is healthy demand from investors to invest in rental apartments, as demonstrated by this transaction, says Joachim Hallengren, President

Tecnotree’s Financial Reporting and Annual General Meeting in 2021

Financial reports in 2021 Tecnotree’s financial reports in 2021 will be released as follows: · Financial report 2020 (unaudited): Friday, 26 February 2021 · Interim report 1-3/2021: Thursday, 29 April 2021 · Half year report 1-6/2021: Thursday, 12 August 2021 · Interim report 1-9/2021: Friday, 29 October 2021 Tecnotree will publish 1-3/2021 and 1-9/2021 financial reports as summary versions including interim balance sheet and events during the period. The company applies 30 days quiet period before the publication date of the financial statement and interim reports.

Join us for Amazing Thailand Countdown 2021

The Tourism Authority of Thailand (TAT) would like to invite you to digitally join us on New Year’s Eve countdown and the start of 2021 in style with “Amazing Thailand Countdown 2021” , one of the biggest events marking the end of the year, which TAT organises every year. The ‘Amazing Thailand Countdown 2021’ will be held on 31 December at River Park, ICONSIAM in Bangkok. The eco-friendly fireworks display that will illuminate the river during the New Year’s celebration comprises seven acts under the concept ‘The Wonders of Happiness upon the River’. Representing hope, faith,

Neste successfully completed its first industrial-scale processing run with liquefied waste plastic in Finland

Neste Corporation, Press Release, 21 December, 2020 at 9 a.m. (EET) Neste has a target to process annually over 1 million tons of waste plastic from 2030 onwards. The company plans to use liquefied plastic waste as a raw material at its fossil oil refinery to upgrade it into high-quality drop-in feedstock for the production of new plastics. Photo: Neste Neste successfully processed 400 tons of liquefied plastic waste at its refinery in Finland this fall, an amount corresponding to the annual amount of plastic waste generated by 20,000 average European citizens*. This was

Swedish Stirling files patent application

Swedish Stirling AB filed a patent application today for the company’s product, the PWR BLOK 400-F, with the European Patent Office (EPO). The aim of the application is to further strengthen the protection of the technology in the run-up to the commercial rollout and start of mass production.Swedish clean tech company, Swedish Stirling, has filed a patent application for the company’s product, the PWR BLOK 400-F, with the European Patent Office (EPO). The application covers the construction process for how residual gases are fed into and burned off in the Stirling engines’ fuel chambers to

DDM cancels EUR 5 million of repurchased bonds as part of written procedure and provides update on further buybacks of bonds

DDM Holding AG (First North Growth Market: DDM), a specialized multinational investor and manager of non-performing loans and special situations, announces that its subsidiary DDM Debt AB (publ) has repurchased and cancelled EUR 5 million of its bonds due 2021 (ISIN SE0010636746) as part of the extension and amendment process approved in August 2020. DDM also announces that its subsidiary DDM Debt AB (publ) has repurchased about 20% of its outstanding EUR 100 million senior secured bonds with ISIN SE0012454940 due 2022 and has about EUR 45 million of liquidity on hand.

Faron’s financial calendar for 2021

Company announcement, 21 December 2020 at 9.00 am (EET) TURKU - FINLAND - Faron Pharmaceuticals Oy (AIM: FARN, First North: FARON), the clinical stage biopharmaceutical company, announces the following dates for the Company’s financial reporting in 2021:25 March    Financial statement release for the full year 2020 and Annual Report 2020 including financial statements for the full year 26 August   Half-year financial report for the period 1 January to 30 June 2021 The annual general meeting is planned to be held on Friday 23 April 2021. A separate stock exchange notice will be

Heimstaden Bostad: The EU Taxonomy needs to be adjusted

Heimstaden Bostad has sent a response to the European Commission regarding the Delegated Act of the EU taxonomy. Heimstaden Bostad supports the purpose of the proposal which is to direct investments in the housing market into more sustainable housing but thinks parts of the proposal could potentially have a negative effect on the environment.“We encourage the efforts to direct more investments into sustainable activities, as an evergreen company we think it sends the right signals. However, the outlined screening criteria at this stage are too unbalanced and will likely have a negative

Project portfolio review results in write-down in Sweco Germany

Sweco announces a write-down of trade working capital of SEK 290 million after concluding the review of the German project portfolio.Sweco announced on November 4, in the Interim Report for the third quarter 2020, that a comprehensive review of the German project portfolio had been initiated and that the review could lead to a more prudent valuation of recognised revenue. The report communicated a potential amount of SEK 120 million. No provision was made in the third quarter. The review has now been concluded and Sweco announces write-down of working capital to a total amount of SEK 290

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Gunnebo secures its position in Americas for the future – invests in a state-of-the-art facility in the USA

A new state-of-the-art facility in Milford, in the Cincinnati, Ohio area will replace the three existing operations that Hamilton, a Gunnebo Company, operates in the area. The investment will enable several business strategic gains such as increased efficiency, reduced environmental impact and strengthened customer experience. The investment is estimated to amount to approximately MSEK 180 and is expected to be completed by the end of 2021.The long-term strategic investment in the USA involves the re-location of three operations under the same roof. The business will be able to serve all

Hufvudstaden welcomes ASKET to Bibliotekstan

Swedish brand ASKET is to open in one of Hufvudstaden’s properties at Norrmalmstorg in Bibliotekstan, central Stockholm, in the spring of 2021. The store has an area of 120sqm.Asket is a sustainable menswear brand on a mission to reduce the overconsumption of clothing. The company’s business concept is to abandon seasonal collections and instead build a permanent collection of mindfully produced, traceable, and timeless quality garments. Asket was established in 2015 by August Bard Bringéus and Jakob Dworsky. “It’s extremely gratifying that ASKET has chosen Bibliotekstan as the location

Lundin Mining Announces Resumption of Full Production Rates at Chapada Mine

Toronto, ON, December 21, 2020 /CNW/ - (TSX: LUN; Nasdaq Stockholm: LUMI) Lundin Mining Corporation (“Lundin Mining” or the “Company”) announced today that a return to full production rates has been achieved at the Chapada mine in Brazil.   Return to full processing capacity was achieved following the installation of the remaining repaired motor on the ball mill on December 20, 2020. The processing plant achieved approximately 35% of nameplate capacity while operating only the SAG mill and throughput further improved mid-November with the installation of a single motor on the ball mill.

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