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Ingka Group to return government support received during COVID-19 pandemic peak

IKEA Retail countries have started dialogues with governments about returning support received to help cover co-workers’ salaries during the height of the Covid-19 pandemic. Also, in cases where co-workers did not receive their full pay, Ingka Group will retrospectively make up any shortfall.In the months of March and April, when most of the IKEA stores were closed globally and the future was unclear, Ingka Group used the possibility to receive government support related to co-workers’ contracted salaries.   “Our main priority at the height of the pandemic was to ensure we could protect

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Potential COVID-19 vaccine passes important milestone

Since March, Attana has been assisting the team of Prof Ali Salanti at the University of Copenhagen in their development of a COVID-19 vaccine together with the Prevent-nCov consortium. Their vaccine is based on the Capsid Virus-Like Particle (cVLP) technology where coronavirus antigens are attached to the cVLP allowing the body’s immune system to respond to the antigens and produce antibodies.During the past two months the vaccine has been tested in mice which produced large amounts of antibodies able to neutralize SARS-CoV-2 virus and the response was several hundred times stronger than

Redeye: Formpipe - Promising Prospects in the Private Sector

Redeye increases the Base case for Formpipe following a closer look at the Private segment. We argue that Lasernet and Lasernet Vault365, thanks to the reorganization and a fast-growing Dynamics 365, will increase Private segment growth further. Following the strong share price performance lately, we remain neutral to the share. Read more in the research update: https://bit.ly/2YDaxW3   Start following companies at Redeye to instantly receive our latest equity research. This is a press release from Redeye - Research Powered Investment Banking. https://www.redeye.se/ 

Alfa Laval signs agreement with Orège, to further strengthen its offering of innovative and sustainable wastewater treatment solutions

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has signed a global commercial agreement with Orège, a French global cleantech company supplying innovative patented techniques for wastewater treatment. The partnership will enable a strong combined product offering and expanded market presence for both companies.Alfa Laval has a wide range of products and solutions for the wastewater treatment industry. One of the technologies is the Alfa Laval Ashbrook Simon-Hartley line of belt filter presses used to dewater municipal and industrial sludges, as

Crown Energy signs a promissory sale and purchase agreement for a suite of apartments in Luanda, Angola

Crown Energy AB (publ) ("Crown Energy", "The Company") has concluded an agreement for the purchase of 10 apartments over approximately a total of 1,000 sqm in the “Ocean Corner” building in Luanda’s prime residential and business area. The seller is EDI Angola Limitada. The purchase price is corresponding to SEK 42.5 million. The apartments are fully furnished and can be rented out directly after completion of the transactionAfter the signing of the sales agreement for the C-view property in April last year, the Company has reviewed different options for managing the proceeds from the

IRRAS Announces Promotion of Will Martin to President and Chief Commercial Officer

Added responsibilities underscore company’s focus on commercial growth for the IRRAflow[®] and Hummingbird product linesStockholm, June 15[th], 2020 – IRRAS, a global healthcare company with a comprehensive portfolio of innovative products for neurocritical care, today announced the promotion of Will Martin to President and Chief Commercial Officer.  Today’s announcement supports the company’s ongoing acceleration of its commercial launch. In this expanded role, Will Martin will continue to direct IRRAS’ global sales and marketing efforts and will also assume responsibility for the

Fashion e-commerce: current growth is driven by successfully attracting new consumers

AMSTERDAM – 15[th] June 2020 | AfterPay Insights’  research has shown that Fashion has increased overall since end of March. What are the drivers of growth? And how satisfied are consumers? Which dimensions do Fashion merchants need to navigate in the new e-commerce landscape of today? Since end of March, AfterPay Insights has conducted weekly interviews with now 16.500 consumers in The Netherlands, Germany and Norway about their changing e-commerce behavior. Fashion has grown

2020 Bulkers Ltd. (2020) – Commercial update May 2020

Hamilton, Bermuda, June 15, 2020 Commercial update: In May 2020, the Company achieved average time charter equivalent earnings of approximately US$16,700 per day, gross. The Company’s two vessels trading on index-linked time charter earned approximately US$7,000 per day, gross, including average daily scrubber benefits of approximately US$1,300 per day. The Company’s four vessels trading on fixed time charter earned approximately US$21,600 per day, gross. The Baltic 5TC Capesize Index averaged US$4,042 during May 2020. For further queries, please contact: Magnus Halvorsen,

The H&M group’s sales development in the second quarter and beginning of June 2020

In the second quarter 2020, i.e. in the period 1 March 2020 to 31 May 2020, the H&M group’s net sales decreased by 50 percent to SEK 28,664* m (57,474) compared with the corresponding period last year. In local currencies net sales decreased by 50 percent. Online sales increased by 36 percent in SEK and 32 percent in local currencies during the same period. The sales development during the second quarter was severely affected by the Covid-19 situation. In most markets, stores had to be temporarily closed and in the middle of April around 80 percent of the group’s stores were temporarily

Faron receives EUR 2.1 million funding from BF

Faron Pharmaceuticals Oy (“Faron” or the “Company”) Faron receives €2.1 million funding from Business Finland for Traumakine manufacturing Company announcement, 15 June 2020 at 9.00 AM (EET)Insider information TURKU – FINLAND – Faron Pharmaceuticals Oy (AIM: FARN, First North: FARON), the clinical stage biopharmaceutical company, today announces plans to initiate a new state of the art process for the manufacturing of interferon (IFN) beta-1a. To support this, Faron has received a €2,100,000 low interest rate loan from Business Finland, the governmental innovation financing

Agreement to Supply Europe with COVID-19 Vaccine

13 June 2020 14:00 BST AstraZeneca to supply Europe with up to 400 million doses of Oxford University's vaccine at no profit Company exploring further additional global capacity to provide broad and equitable access AstraZeneca has reached an agreement with Europe's Inclusive Vaccines Alliance (IVA), spearheaded by Germany, France, Italy and the Netherlands, to supply up to 400 million doses of the University of Oxford's COVID-19 vaccine, with deliveries starting by the end of 2020. With today's agreement, the IVA aims to accelerate the supply of the vaccine and to make it

RE IV Limited presents updated valuation and sales figures

Hong Kong 15 June 2020: RE IV Limited (the "Company") has today received an updated third-party valuation in respect of its property portfolio from CBRE. The value of the Company’s property portfolio has continued to increase at a stable pace and, as of May 31, 2020, amounted to CNY 3,945.8 million in total, implying a 14 per cent value growth compared to book value. During the period January – May 2020, the Company has sold 435 units with total contractual sales amounting to CNY 503 million in the two projects that it currently has for sale, the Hammarby Eco City Project (site A-2) and

Oncopeptides reports positive results from full data set of Phase 2 HORIZON trial in triple-class refractory multiple myeloma patients

STOCKHOLM — June 15, 2020 — Oncopeptides AB (Nasdaq Stockholm: ONCO) announces today that the full top-line results from the pivotal phase 2 HORIZON study, evaluating intravenous melflufen in combination with dexamethasone in patients with relapsed refractory multiple myeloma (RRMM), have been presented at the ongoing 25[th] European Hematology Association meeting, EHA. The results support the NDA submission to the US Food and Drug Administration, FDA, for accelerated approval of melflufen. The Company is on track to submit the application to FDA by the end of Q2, 2020.Oncopeptides will

Ko Tao praised for strong coral reef conservation

The United Nation Environment Programme (UNEP) via the Hello Kitty Global Channel   The United Nation Environment Programme (UNEP) via the Hello Kitty Global Channel, in cooperation with the Department of Marine and Coastal Resources, Thailand’s Ministry of Natural Resources and Environment, has named Ko Tao as the island with a strong community committed to coral reef conservation.The announcement was made on the World Oceans Day 2020, 8 June, making Ko Tao as one of the global communities that follows “Goal 14: Conserve and sustainably use the oceans, seas and marine resources”

Fortum to collaborate with Fiskars Group in commercial production of the hands-free handle, preventing the spread of infections

FORTUM CORPORATION PRESS RELEASE 15.6.2020 The Fortum-developed hands-free handle, which helps prevent the spread of infections, is moving into commercial production and sales through collaboration between Fortum and Fiskars Group. The innovative handle made from Fortum Circo® recycled plastic makes it possible to open a door with your arm. The door-handle supplement, which attaches to a door, was piloted in spring with a grocery store and was found to clearly reduce hand contact with surfaces. The handle has attracted both domestic and international interest among trade. Fiskars

Loudspring Oyj - Manager’s Transactions

Loudspring Oyj Company Release 15 June 2020 at 08.30 (EEST) Person subject to the notification requirement Name: Penney, James Position: Member of the Board Issuer: Loudspring Oyj LEI: 74370040F0RYWDWUJC65 Notification type: Initial notification Reference number: 74370040F0RYWDWUJC65_20200612164950_2 Transaction date: 2020-6-10 Venue: OFF-EXCHANGE TRANSACTIONS (XOFF) Instrument type: Share ISIN: FI4000092523 Nature of the transaction: SUBSCRIPTION Transaction Details (1): Volume: 258 620 Unit price: 0.29 EUR Aggregated transactions (1):

Sinch AB (publ): Sinch expands to India through acquisition of ACL Mobile

Stockholm, Sweden – Sinch AB (publ) – XSTO: SINCH Sinch AB (publ), a global leader in cloud communications for mobile customer engagement, has entered into a definitive agreement to acquire ACL Mobile Limited for a total cash consideration of INR 5,350 million. Using the current INR/SEK exchange rate of 8.17, this corresponds to SEK 655 million. Founded in 2000, ACL Mobile is a leading provider of cloud communications services in India and Southeast Asia. Its platform enables businesses to interact with their customers through multiple channels including SMS, voice, email, IP

Exposure to air pollution impairs cellular energy metabolism

Exposure to air particulate matter impairs the metabolism of olfactory mucosal cells, according to a recent study from the University of Eastern Finland. The results can contribute to a better understanding of how air pollutants may harm brain health, as the olfactory mucosa can act as a key pathway to the brain. In the last decade, the adverse effects of ambient air pollutants, including particulate matter, on the central nervous system is increasingly reported by epidemiological, animal and post-mortem studies. Exposure to air pollutants has been associated with neurodegenerative

Fiskars Group and Fortum to work together to produce hands-free handle, preventing the spread of infections

Fiskars GroupPress releaseJune 15, 2020 at 08.00 EEST   Fiskars Group and Fortum to work together to produce hands-free handle, preventing the spread of infections Fiskars Group and Fortum have agreed to work together to manufacture and distribute a hands-free handle, which helps prevent the spread of infections. The innovative handle is made of recycled plastic and enables people to open doors with their arm. A simple add-on to existing door handles, the handle has been tested in a grocery store environment, and it has been found to clearly reduce hand contact with surfaces.

NCC to commence construction of schools and day-care center in Pakilanpuisto in Helsinki

NCC has signed an agreement with the City of Helsinki to construct schools in Pakilanpuisto in collaboration, with strict environmental objectives. The order value amounts to approximately EUR 27 million. The new day-care and school buildings will house junior and upper comprehensive schools and a youth center and will replace the Havukka and Pakila day-care centers. In addition, the existing junior school building will be renovated. The collaboration agreement will be conducted in two phases, and this order relates to the first phase.  “We are genuinely passionate about

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Kungsleden awarded land allocation in Västberga

Kungsleden has signed an agreement with the City of Stockholm for a land allocation relating to development rights for offices and hotel premises totalling 14,000 sq.m. in Västberga. Kungsleden already owns the neighbouring property, thereby enabling development of a total area of 22,500 sq.m. “Kungsleden is a strong player in Västberga and has now been offered an opportunity to develop this location, which has excellent transportation links. We have been working on this since late autumn 2017 and can see enormous potential in the area,” says Frida Stannow Lind, Head of Property

Nanoform Finland Plc appoints Peter Hänninen as General Counsel

Press ReleaseJune 15, 2020 at 8:00 a.m. Finnish time Nanoform Finland Plc (“Nanoform”) today announced the appointment of Peter Hänninen as General Counsel, effective as of September 1, 2020. In this role, he leads Nanoform’s legal operations, including in-house and external legal affairs, intellectual property rights, corporate and commercial matters, compliance and governance. This is a new position within Nanoform and the General Counsel will report to the CEO. Peter Hänninen joins Nanoform from Borenius Attorneys where his practice focused on a broad range of corporate and

A blood sample can be used to assess the severity and prognosis of frontotemporal lobar degeneration in the future

Biomarkers to support the diagnosis of frontotemporal lobar degeneration (FTLD) and to assess the severity and expected prognosis of the disease are needed. Neurofilament light chain (NfL) measured from a blood sample strongly correlates with the duration of the disease in FTLD patients and the rate of brain atrophy, according to a new study published by the University of Eastern Finland in the Annals of Clinical and Translational Neurology. FTLD is the second most common cause of degenerative and progressive dementing diseases in the working-age population after Alzheimer's disease.

Kongsberg Automotive Renegotiated Terms for its Revolving Credit Facility

Kongsberg Automotive (the “Company”) has renegotiated certain terms of its Euro 70 million revolving credit facility (“RCF”) with its banks, Danske Bank and J P Morgan. Under this relief agreement (“Relief Agreement”), the Company can utilize 80% of its RCF line without being subject to the NIBD/EBITDA covenant testing. The utilization rate under the original RCF agreement before covenant testing was 40%. The Relief Agreement is effective until the end of the first quarter 2021 calls for certain additional covenants and reporting requirements. The agreement is subject to approval by the

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