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Valmet to deliver a recovery boiler upgrade to Fibre Excellence Provence mill in France

Valmet Oyj’s trade press release on June 21, 2023 at 9:30 a.m. EESTValmet will deliver a comprehensive recovery boiler upgrade  to Fibre Excellence Provence mill in Tarascon, Southern France. The upgrade will have a significant impact on the performance of the customer’s recovery boiler. The order was included in Valmet's orders received of the first quarter 2023. The value of the order will not be disclosed. The recovery boiler upgrade is necessary for the optimal performance of the mill’s new

Inhalation Research Services wins new order worth 98,000 Euro from returning US customer

Inhalation Sciences AB (ISAB) has received a new order for an Inhalation Research Services (IRS) project using its predictive preclinical test module DissolvIt. The order follows a previous IRS DissolvIt project that, according to the client, was the first in vitro technology that enabled them to successfully predict how different Drug Candidates would perform later on in clinical trials. Predicting and preventing failure in the preclinical stage can produce enormous savings for inhaled pharmaceutical companies.The returning client is a midsize US pharma company developing inhaled therapies.

BioStock: Aptahem gives update on operations and rights issue

Aptahem is making strides in the field of sepsis treatment with its drug candidate Apta-1. Recently, the company announced the completion of a fourth cohort in the ongoing phase I clinical study. Aptahem has also attended key partnering conferences to showcase its potential sepsis treatment. To learn more about this, and the share issue of 28 MSEK between 14 June – 28 June 2023, BioStock talked to CEO Mikael Lindstam.Read the interview with Aptahem's CEO Mikael Lindstam at biostock.se: https://www.biostock.se/en/2023/06/aptahem-gives-update-on-operations-and-rights-issue/ This is a

RaySearch’s CEO sells shares – remains a long-term shareholder

RaySearch's founder and CEO, Johan Löf, has sold 600,000 Class B shares in RaySearch Laboratories AB (publ) on June 16, 2023, after first converting 800,000 Class A shares into Class B shares. Johan Löf remains a long-term shareholder and after the transaction owns 5,443,084 Class A shares and 218,393 Class B shares, corresponding to 16.5 percent of the total number of shares and 53 percent of the total number of votes in the company.Johan Löf, founder and CEO, RaySearch, says: "The sale is due to private financial reasons. I remain committed to the company with continued strong confidence

Viking Line first on the Baltic Sea again: Passengers can reduce their emissions from travel by up to 90 per cent

Viking Line’s focused environmental work, which began in the 1980s, once again shows the way for the entire maritime shipping industry. The company has started to offer passengers on its Turku-Åland-Stockholm route the option of purchasing renewable biofuel in proportion to the amount of fuel used for their journey and thus reduce the emissions from their travel by up to 90 per cent. European biogas, produced from waste materials, is being delivered by the Nordic energy company Gasum to the climate-smart vessels Viking Glory and Viking Grace.Starting June 21, Viking Line’s passengers on the

Atea earns platinum-level sustainability award for fourth consecutive year

For the fourth consecutive year, Atea ASA has earned the highest (“platinum”) rating in environmental and social performance by EcoVadis, placing Atea among the top 1% of more than 100,000 companies evaluated. Atea’s sustainability performance was evaluated by EcoVadis based on criteria relating to environment, ethics, sustainable procurement, as well as labor and human rights. Atea CEO Steinar Sønsteby welcomed the latest rating: “We’re proud to again earn EcoVadis’ recognition for our sustainability efforts. Sustainability is at the heart of our company’s mission - to build the

Ericsson Mobility Report: Global 5G growth continues - India leading the way

· 5G mobile subscriptions are growing in every region and forecast to top 1.5 billion globally by the end of 2023  · Continued revenue growth in leading 5G markets  · 5G continues to drive innovation in mobile service packagingDespite geopolitical challenges and macroeconomic slowdown in some markets, communications service providers worldwide are continuing to invest in 5G, the June 2023 edition of the Ericsson (NASDAQ: ERIC) Mobility Report shows. Following the launch of 5G services in October 2022, the major 5G Indian market is witnessing huge network deployments under its Digital

EQT Private Equity to sell Ellab, following transformation into a leading validation & monitoring provider for the Biotech and Pharmaceutical industries

· EQT Private Equity, together with its co-shareholders, to sell Ellab to Novo Holdings  · Since EQT Private Equity invested in 2019, Ellab has transformed into a full-suite provider of validation and monitoring solutions and services, serving all the top 20 biotech companies and all the top 40 pharmaceutical companies globally  · Transformation has resulted in Ellab tripling its revenues, EBITDA and number of employees, while experiencing approximately 20% annual organic revenue growth and completing 15 add-on acquisitionsEQT is pleased to announce that EQT Mid Market Europe (“

Loss related to natural peril event in the second quarter of 2023

Gjensidige will incur a loss of approximately NOK 240 million in the second quarter related to a natural peril event which occurred in Norway during the quarter. The loss reflects Gjensidige’s market share for fire insurance in Norway. The total loss is estimated to approximately NOK 900 million and will be settled in accordance with the terms set by the Norwegian Natural Perils Pool. The loss estimate is highly uncertain and may be adjusted in the future. The loss of approximately NOK 240 million will be recognised as a large loss for Gjensidige Group, with NOK 30 million pertaining to

Diös is hosting a presentation of Interim Report Jan-Jun 2023

Diös Fastigheter’s Interim Report for Jan-Jun 2023 will be published at 07:00 (CEST) on 7 July 2023. The same day, at 8:15 am (CEST), investors, analyst, media and other stakeholders are invited to participate in the online audiocast with teleconference. CEO Knut Rost and CFO Rolf Larsson will present the result for the period. The presentation will be held in English and will conclude with a Q&A session. Date: July 7, 2023 Time: The presentation begins at 8:15 am. (CEST) To participate in the teleconference, please dial in on any of the numbers below:   Finland:

Patrick Kortman assumes role as Interim CFO at Kindred Group

Patrick Kortman assumes the role as Interim CFO at Kindred Group as of 21 June, taking over from Johan Wilsby who resigned earlier this year. Patrick has been with Kindred Group since 2018 and will be supported by Johan Wilsby during a transition period.Kindred Group plc’s (Kindred) Director of Corporate Development and Investor Relations, Patrick Kortman, assumes the role of Interim Chief Financial Officer (CFO) as of 21 June 2023. Kindred’s previous CFO, Johan Wilsby, announced on 15 May that he will leave Kindred. Patrick has been at Kindred since 2018 working closely with the Board,

Zwipe AS: new streamlining plan to accelerate path toward profitability

OSLO, NORWAY – 21 June 2023 – Zwipe AS today announces a streamlining to accelerate its path toward profitability in the medium term. Excluding one-off fundraising costs incurred in 2023, these initiatives are expected to reduce the group’s operating costs in 2023 by approximately NOK 14 million compared to 2022 and lower the cost base by approximately NOK 35 million on an annual basis. The initiatives will commence immediately, and planned improvements are expected to have full impact from the fourth quarter of 2023. 15 employees will leave the company as a consequence. Following

Metsä Group discusses how to strengthen the state of nature on 28 June at 10 a.m. at SuomiAreena

What can companies do to improve the state of nature while using wood as raw material for renewable products? This will be discussed at SuomiAreena in Pori on Wednesday, 28 June, at 10 a.m. The discussion will be held on the Antinkatu stage.  The panel discussion organised by Metsä Group will feature Marileena Mäkelä, university lecturer at the University of Jyväskylä, Professor Ilari Sääksjärvi from the Biodiversity Unit of the University of Turku, and Timo Lehesvirta, Metsä Group’s leading nature expert. The discussion will be hosted by Baba Lybeck. SuomiAreena is an excellent

Outokumpu is the first in the steel industry to use robotics in safety management – supporting the vision of achieving the lowest accident frequency rate in the industry by 2025

Outokumpu OyjPress releaseJune 21, 2023 at 9.00 am EEST ANYmal robot doing the daily safety monitoring tour at Outokumpu’s site in Krefeld, Germany Outokumpu is the first in the steel industry to use robotics in safety management – supporting the vision of achieving the lowest accident frequency rate in the industry by 2025 Outokumpu, the global leader in stainless steel, will start to utilize artificial intelligence (AI) and safety inspection robots to improve and digitize the company’s facilities’ health and safety monitoring. Outokumpu recently signed a deal with a

Wärtsilä provides restated financial information to reflect structural changes and makes an impairment to Portfolio Business

Wärtsilä Corporation, Stock exchange release, 21 June 2023 at 9:00 EESTWärtsilä provides restated financial information to reflect structural changes and makes an impairment to Portfolio Business Wärtsilä announced in February 2023 that it has completed the strategy review of its businesses. Based on the review, part of the Voyage business (NACOS Navigation, NACOS Automation, Dynamic Positioning and sensors) has been integrated into a new business unit and moved to Portfolio Business. Additionally, the Marine Electrical Systems business unit was moved from Marine Systems to Portfolio

Veg of Lund AB (publ) carries out a new directed issue of shares for conversion of loan

The Board of Directors of Veg of Lund AB (publ) (”Veg of Lund” or the “Company”) has today resolved to carry out a new issue of shares with deviation from the shareholders’ pre-emption rights of, in total, 270,945 shares to one of the loan givers in accordance with the loan agreement which is more thoroughly described in the press release which was published on 29 April 2023.In April 2023 Veg of Lund entered into a loan agreement with a group of five loan givers. The loan agreement contained an individual right for conversion for each loan giver, where repayment could be made with the

UNION therapeutics announces positive topline results from the OSIRIS investigator-initiated proof-of-concept study of oral orismilast in patients with hidradenitis suppurativa

· Study demonstrates clinically relevant improvements in patients with hidradenitis suppurativa (HS) receiving 16 weeks of treatment with oral orismilast · Study supports the dose-finding results from the recent IASOS Phase 2b study of oral orismilast in psoriasis · Orismilast has been granted a Fast Track designation by the FDA for HS, and UNION plans to seek regulatory advice on the design of the pivotal study program · Orismilast is a high potency, next-generation PDE4 inhibitor with broad anti-inflammatory properties also in development for oral treatment of atopic dermatitis (

Glycerol phenylbutyrate approved by the National Medical Products Administration in China for the treatment of Urea Cycle Disorders

Stockholm, June 21, 2023 – Immedica’s partner Hongkong WinHealth Pharma Group Co.Ltd has announced that glycerol phenylbutyrate oral liquid has gained approval for chronic management of patients with urea cycle disorders (UCDs) including deficiencies of carbamoyl phosphate synthetase I (CPS), ornithine carbamoyltransferase (OTC), Citrullinemia type 1, argininosuccinuria, argininemia and hyperornithinaemia-hyperammonaemia homocitrullinuria syndrome (HHH) who cannot be managed by dietary protein restriction and/or amino acid supplementation alone. Glycerol phenylbutyrate must be used with

Heimstaden and IKEA Launch E-Commerce Platform for Students

Heimstaden and IKEA Sweden launch the collaboration in offering students a customised and flexible e-commerce experience on 1 July. The collaboration is piloted in Sweden with an ambition to introduce the concept to other countries.Heimstaden and IKEA share the passion for life at home, and the collaboration will contribute to simplify students’ interior design experience when they move in with Heimstaden. By offering students access to a customized e-commerce platform, Heimstaden and IKEA will make students' living environments more functional, aesthetic, and sustainable. “With a shared

NCC to refurbish 441 apartments in Denmark

NCC has been commissioned by FällesBo to conduct an extensive refurbishment of 21 apartment blocks comprising a total of 441 apartments in Porshöj in central Herning, Denmark. The assignment is a turnkey contract valued at approximately SEK 550 million. Photo: Anette Roien The residential neighborhood was built in the 1960s and is now in need of refurbishment. Bright, modern and energy-efficient housing is now being created for the neighborhood’s residents, and legacy issues in terms of thermal bridges and damp in the apartments will now be remedied. Residents will receive

Neogap acquires TCER Oncology AB, strengthening its position in personalised immunotherapy

Swedish biotechnology company Neogap Therapeutics, which is developing personalised immunotherapy, announces its acquisition of the remaining 30 per cent of the shares in its subsidiary, TCER Oncology AB. This acquisition will broaden Neogap's patent portfolio and strengthen the company's pipeline of potential drug candidates, further consolidating Neogap's position in the field.Previously, Neogap owned 70 per cent of the shares in TCER Oncology AB. During the second quarter of this year, the remaining 30 per cent was acquired from Rolf Kiessling and Stina Wickström in exchange for Neogap

SEB to acquire AirPlus to create a leading European provider in corporate payments

SEB Kort Bank AB, a leading corporate payment solutions provider in the Nordics and wholly owned subsidiary of SEB Group, has entered into an agreement with Lufthansa Group to acquire all shares in Lufthansa AirPlus Servicekarten GmbH, a leading provider within corporate payment services. Together, SEB Kort and AirPlus will become a European leader in corporate payment solutions. For a cash purchase price of EUR 450 million, the transaction will provide SEB Kort with additional scale, a strong footprint for further growth in Europe, and a modern IT platform. Furthermore, the transaction is

Sciety strengthens board with Tommi Unkuri – partner at Summa Equity

Tommi Unkuri was appointed a new member of the board of Sciety AB at the general meeting held on June 13th. With extensive experience in building and developing companies within finance and investing in unlisted life science companies, Unkuri is a valuable addition to the board. Tommi Unkuri is a partner and co-founder of Summa Equity, a private equity company with a strong impact focus where he has established Changing Demographics, an investment area centred on healthcare and life science. Summa Equity manages assets totalling SEK 40 billion and pursues operations in both Europe

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