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Qvantum acquires high-tech manufacturing facility from Electrolux with a future production power of one million heat pumps per year

· Qvantum makes landmark acquisition from leading global appliance company Electrolux Group of a high-tech refrigerator manufacturing facility in Hungary, strategically located in the European ‘heat pump valley’ · Production power to increase by one million electric heat pumps yearly once conversion of the facility is completed, making Qvantum one of the largest producers in Europe · Strengthens Qvantum’s position in decarbonizing and electrifying urban areas and cities across Europe by providing smart, easy to install and service, and affordable electric heat pumps to the broader public

Veidekke: To build new Krødsherad school

Veidekke has won the price and design competition and will build the new Krødsherad primary and lower secondary school at Noresund. The commission is a design and build contract valued at NOK 158 million, excluding VAT.“We are both pleased and proud to have won the competition and are grateful for the commission. Building good schools is one of the most important things we can do, and I am certain that the new Krødsherad school will be of great benefit to students, teachers and other users of the school,” says district manager Gro Brathovde with Veidekke Bygg Buskerud. The school is

Reminder: Sobi KOL investor event: Advancing the standard of care in haemophilia

18 September 202315:00 CEST, 14:00 BST, 09:00 EDT   Sobi invites investors to participate in a virtual KOL haemophilia event on 18 September 2023 at 15:00 CEST. Guido Oelkers, Chief Executive Officer, Lydia Abad-Franch, MD, MBA, acting Chief Medical Officer, and Key Opinion Leader, Robert Klamroth, MD, PhD, Chief Physician, Clinic for Internal Medicine – Angiology and Hemostaseology, Vivantes, Berlin, Germany, will discuss Sobi’s haemophilia portfolio with a particular focus on efanesoctocog alfa. The presentation can be followed live here 

Electrolux Group divests Nyíregyháza factory in Hungary to Qvantum

Electrolux Group has divested its manufacturing facility in Nyíregyháza, Hungary to Swedish heat pump manufacturer Qvantum for a cash consideration of EUR 38m (approx. SEK 455m).The approximate gain of EUR 25m (approx. SEK 300m) will be recorded as a non-recurring item, positively impacting the operating income in business area Europe during the third quarter of 2023. The divestment is part of the actions to divest non-core assets with total potential value of SEK 10bn, which were communicated on July 20, 2023 

Investment AB Latour (publ) has completed repurchase of shares

Investment AB Latour (publ) has during the period September 5, 2023, to September 15, 2023, repurchased a total of 125,000 class B shares (ISIN SE0010100958) for a weighted average price of SEK 197.85 per share, see compilation in the table below. Latour's holding of own shares after the repurchase amounts to 552,200 class B shares. The total number of outstanding shares in the company is 639,287,800. The repurchase was completed on Nasdaq Stockholm by Skandinaviska Enskilda Banken AB (publ) on behalf of Latour, and is now finished. The purpose of the repurchase is to secure Latour's

Echandia forms partnership with Harland & Wolff Technologies

Echandia, a leading Swedish supplier of heavy-duty maritime battery systems, is entering a strategic partnership with Harland & Wolff Technologies. This collaboration aims to facilitate the assembly, integration, testing, and delivery of products to customers in the UK, Ireland, and Australia.The two companies recently joined forces to establish a consortium focused on the development and construction of zero-emission harbor and coastal tugs, in collaboration with Macduff Ship Designers and Kongsberg Maritime. This new partnership extends the success of that initiative. The partnership

Allgon welcomes Wilhelm Aminoff as its new Chief Financial Officer

Allgon, a leading player in the market of innovative wireless communication solutions, is pleased to announce the appointment of Mr. Wilhelm Aminoff as its new Chief Financial Officer (CFO) – an experienced and senior financial executive with a long and successful, most recently as CFO at Consilium Safety Group and EsonPac Group.  With a distinguished history in finance at various international organizations, Wilhelm Aminoff is well-equipped to guide Allgon's financial strategy and operations to achieve further sustainable growth worldwide.‘’Wilhelm’s analytical, planning, and

Stora Enso begins trading on the OTCQX market

STORA ENSO OYJ INVESTOR NEWS 15 September 2023 at 14:30 EESTStora Enso Oyj has upgraded the trading of its American Depository Receipts (ADRs) and Ordinary Shares to the OTCQX® Best Market from the Pink® market. Stora Enso begins trading today on OTCQX under the symbols “SEOAY, SEOFF, SEOJF”. Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their US investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

Telia Company has entered into a final and binding agreement to sell its operations and network assets in Denmark to Norlys at a valuation of DKK 6.25 billion

Telia Company today announces it has entered into a final and binding agreement to sell 100% of its operations and network assets in Denmark to Norlys a.m.b.a. (Norlys) at an enterprise value of DKK 6.25 billion, on a cash and debt-free basis. The valuation is equivalent to 8.9x Telia Denmark’s 2022 reported EBITDA. The transaction, first announced  on April 25, 2023, is in line with Telia’s strategy to focus on markets in which there is a clear path to securing and defending leading market positions. The transaction is subject

Capsol Technologies - Capsol building position as the preferred carbon capture technology for cement – awarded two new paid studies in the EU

Oslo, Norway – 15 September 2023Capsol Technologies has been awarded feasibility studies for the CapsolEoP®(end-of-pipe) carbon capture technology at two large cement plants in the EUwith the potential to capture more than 1.5 million tonnes of CO2 per annumcombined. The studies will start in Q3 2023.“We are receiving firm response from the industry – a strong indication that ourCapsolEoP® provides highly competitive value propositions for cement. CapsolEoP®reduces energy consumption by more than 50% compared to competing technologies,resulting in 25% lower costs per ton of

TH1NG acquires IIOOTE and expands internationally

As previously announced in a prior press release earlier today TH1NG has acquired all the shares of the IoT platform provider IIOOTE. IIOOTE with operations in Sweden and Germany offers a wide range of products with over 50 pre-packaged services. This acquisition means that TH1NG now provides services to approximately 40 municipalities in Sweden and is embarking on an international expansion in Germany.· This is a strategically great acquisition of a competitor that will now complement us and strengthen our development. The ambition is to integrate IIOOTE's solutions with TH1NG's IoT

Altor to invest in Marshall Group

Stockholm, 15/09/2023 – Altor Funds (“Altor”) have signed an agreement to acquire a significant minority stake in Marshall Group AB (“Marshall Group”), from funds advised by Varenne AB, Varenne Invest I AB, Zenith Venture Capital I AB, Zenith Venture Capital III AB as well as a large number of smaller investors.Marshall Group is the audio, tech and design powerhouse uniting musicians and music lovers through genre-breaking innovation with Marshall, Marshall Records, Marshall Live Agency, Marshall Studio, Natal Drums, Urbanears, and adidas headphones. Marshall is active in more than 90

CO2-reducing powers of e-scooters and e-bikes in focus for World Car Free Day

A man on a Voi e-scooter in Liverpool The introduction of Voi e-scooters and e-bikes in the UK has reduced carbon emissions by over 4,000 tonnes since their introduction in 2020. The figures have been revealed during TravelWise week which culminates in World Car Free day on 22 September 2023. E-scooters and e-bikes are helping to reduce carbon emissions and air pollution in towns and cities by replacing short car trips. Since their introduction into the UK three years ago, Voi e-scooters and e-bikes have clocked up over 43 million miles, replacing over 10.3 million

Large North American Company Expands Flowscape Installation

A large global consulting company is expanding with Flowscape's smart USB sensors in three major North American offices, including its global headquarters. The goal is to obtain accurate office utilization data and support their employees with smart solutions for desk management. The order value in the first year is SEK 2.2 million, and thereafter SEK 442 thousand recurring annually.Our collaboration with this customer shows that Flowscape's solutions are perfect for the challenges modern offices face. The customer chose Flowscape because they know that we best support their employees in

Marshall Group welcomes Altor as one of its main shareholders

Stockholm, 15/09/2023 – Altor Funds (“Altor”) have signed an agreement to acquire a significant minority stake in Marshall Group AB (“Marshall Group”), from funds advised by Varenne AB, Varenne Invest I AB, Zenith Venture Capital I AB, Zenith Venture Capital III AB as well as a large number of smaller investors.Marshall Group is the audio, tech and design powerhouse uniting musicians and music lovers through genre-breaking innovation with Marshall, Marshall Records, Marshall Live Agency, Marshall Studio, Natal Drums, Urbanears, and adidas headphones. Marshall is active in more than 90

Stockholm Environment Institute calls on the SDG Summit: it is time to lead with science to accelerate the Global Goals

The 2023 SDG Summit will take place on 18-19 September in New York. SEI researchers have put forward an array of insights and recommendations aimed at guiding policymakers to accelerate progress towards the Global Goals.At the Summit, global representatives will explore actionable policy guidance, focused on the complete realization of the 2030 Agenda and the Sustainable Development Goals (SDGs) at all levels. The recently published Global Sustainable Development Report 2023 starkly highlights that the world is not on track to reach the goals by 2030. The report's key takeaways will be in

Ilkka Poikolainen appointed President and CEO of Posiva

Posiva Oy's Board of Directors has appointed Ilkka Poikolainen, MSc (Eng.), as the President and CEO of Posiva as of 1 November 2023. Mr. Poikolainen, 48, transfers to Posiva from the position of Vice President for Production Technology at Metsä Fibre.- It is an honour to take over the leadership and global development of this extremely unique company and its operations, in cooperation with Posiva's organisation. Posiva is at a significant stage, preparing to start the final disposal of spent nuclear fuel in the next few years. Responsibility is the word that describes Posiva and its role

Port Houston orders 5 more Konecranes RTGs, continuing its hybridization drive

(Photo from Port Houston) Port Houston in Texas has ordered 5 Konecranes hybrid RTGs for its Barbours Cut Container Terminal to support its long-term improvement program covering channel development and land infrastructure investment. The order was booked in Q3 2023, with the cranes to be delivered at the beginning of 2025. Port Houston is continuing to hybridize RTG container handling in its Barbours Cut and Bayport operations to meet growing container traffic in an eco-efficient way. Houston’s current RTG fleet consists of 116 Konecranes RTGs, of which 26 are hybrid RTGs. By

Invitation to Ericsson quarterly sustainability and responsible business update

Ericsson (NASDAQ: ERIC) invites investors and financial analysts to a briefing session focused on sustainability and responsible business at Ericsson. The session will include presentations by Heather Johnsson, Head of Sustainability and Corporate Responsibility, and Jan Sprafke, Chief Compliance Officer (acting). The session will also include a Q&A where participants can ask questions. Date: September 28, 2023 Time: 3-4 pm CEST Webcast: please use this link  to join the webcast. If you want to ask a question, please access dial-in

Notification of managers’ and closely related parties’ transactions with Dampskibsselskabet NORDEN A/S’ shares in connection with share buy-back program

ANNOUNCEMENT NO. 144 - 15 SEPTEMBER 2023 In connection with the announced share buy-back program in NORDEN, A/S Motortramp continuously sells shares pro rata and the market is to be informed accordingly – see the attached file and announcements nos. 112/23 and 113/23.   Kind regards, Dampskibsselskabet NORDEN A/S   Martin Badsted CFO     For further information: Stig Frederiksen, Head of Investor Relations, tel.: +45 32 71 08 55, e-mail: sfr@norden.com

AFRY study finds a move to locational pricing in UK electricity market would be high risk for little reward

AFRY Management Consulting has published a report summarising the second phase of its study on reform of electricity market arrangements in Great Britain.Over the past 15 months, AFRY has completed a review of electricity market arrangements in Great Britain, in response to a government consultation. Using its power modelling expertise, AFRY assessed proposals to switch to locational electricity markets. Changing to a zonal or nodal market could dent investor confidence and comes with little modelled benefit. Investor confidence is particularly important considering the recent offshore wind

SameSystem extends its contract with Bestseller for five years. The agreement represents an estimated Revenue between DKK 35m and DKK 40m.

Company Announcement No. 20-2023Copenhagen, 15 Sep 2023Inside information The international fashion retailer Bestseller has signed a contract with SameSystem for five years, running until the end of 2028.  The value of the contract represents an estimated Revenue of DKK 35m to 40m with further upsale opportunities. "We are extremely proud that Bestseller extends the contract with us for another five years. Bestseller has been with us since the beginning in 2008, and it documents the quality and value of our solution when one of Europe's most successful Retailers shows that trust

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