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New market update: October 2022

· Historically firm crude- and product tanker rates · Firm vessel values · Low newbuilding ordering Concordia Maritime has published a new market update. The report is available at www.concordiamaritime.com . In addition to commentary from CEO Erik Lewenhaput, it also contains data and statistics regarding both rates, ship values and the development of the global product tanker fleet as well as the demand for oil and the development of inventory levels. The ambition is to publish the report at the beginning of each month going forward.

Swedish Steel Prize 2023: Call for entries

Applications are being accepted for the Swedish Steel Prize 2023 – the steel industry’s most prestigious international award – now for the 21st time celebrating innovative steel solutions. The Swedish Steel Prize recognizes those who fully utilize the potential of steel to improve not only their business or industry, but also society. Attracting entries from across the world, the Swedish Steel Prize is meant to inspire engineers, designers and inventors to further explore the unlimited potential of steel. The competition and its gathering promote the sharing of innovative

The Board of Directors of YIT Corporation reinforces its committees

YIT Corporation Stock exchange release 7 October 2022 at 10:45 a.m.The Board of Directors of YIT Corporation reinforces its committees The Extraordinary General Meeting of YIT Corporation, held on 6 October 2022, decided on amendments to the Company’s Articles of Association, as well as on the election of Sami Laine and Keith Silverang to the Board of Directors (Stock exchange release 6 October 2022: Resolutions passed at the Extraordinary General Meeting of YIT Corporation 

Storskogen expands Group management team

Storskogen Group AB (publ) has decided to expand its Group management team with Philip Lofgren, Head of Storskogen UK, effective 10 October 2022.Philip Lofgren has extensive experience in business management and M&A, most recently as CEO of tech company Kwiff and as Investment Director at Pharaoh Capital. Since 2020, Philip Lofgren is responsible for Storskogen’s operations in the UK. Storskogen has seven subsidiaries in the UK and eight employees in the London-based central organisation. “I look forward to becoming part of Storskogen’s Group management team and to further strengthen the

Inwido arranges Capital Markets Day on 8 December

Inwido invites investors, analysts and media to its Capital Markets Day, on December 8, 2022. The program starts at 9 a.m. at AtSix in Stockholm and ends with lunch at 12 noon. Registration takes place on inwido.com.Representatives from Inwido's Group Management led by President and CEO Henrik Hjalmarsson will present the group's development and share an overview of the European windows market. During the day, Group Man-agement will present new consumer trends, the development within e-commerce, our unique position in Scan-dinavia, progress within sustainability and our financial position.

Epiroc to acquire Australian provider of digital core imaging solutions for mining companies

Press release from Epiroc ABOctober 7, 2022 Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, has agreed to acquire Geoscan Pty Ltd, an Australian provider of digital geological imaging solutions to mining companies. Geoscan is based in Perth, Australia, and has presence in Australia, Latin America, North America, Europe, and Africa. Its main offerings are Corescan  and Coreshed. Corescan is a leader in hyperspectral scanning, core photography and 3D laser profiling of drill core, rock

Etteplan Oyj cancels the Extraordinary General Meeting scheduled to be held on October 19, 2022

ETTEPLAN OYJ, Stock Exchange Release, October 7, 2022 at 10 a.m. EEST Etteplan Oyj cancels the Extraordinary General Meeting scheduled to be held on October 19, 2022 The Board of Directors of Etteplan Oyj has decided to cancel the Extraordinary General Meeting of Etteplan Oyj scheduled to be held on October 19, 2022. The invitation to the Extraordinary General Meeting was published as a stock exchange release on August 23, 2022. Etteplan Oyj announced on August 23, 2022 its plans for a rights offering to raise funds to repay a part of the funding of the recommended public cash

Tiina Kautonen appointed as CHRO at Ponsse Plc

Ponsse Plc, Stock Exchange Release, October 7, 2022 at 10.00 am (EEST) Tiina Kautonen appointed as CHRO at Ponsse Plc Tiina Kautonen has been appointed Ponsse Plc’s new CHRO and a member of the Management Team starting from 1 January 2023. Tiina Kautonen will report to Ponsse Plc’s President and CEO Juho Nummela, and she will be located in Vieremä.  Tiina Kautonen will transfer to Ponsse Group from KONE Corporation from her current role as global Head of HR in KONE New Equipment Business and KONE Marketing and Communications function. Kautonen has worked at KONE in various HR

BioStock: Emplicure's Chairman of the Board comments on the change of CEO

Emplicure enters autumn with a new CEO and an approved application for a clinical pharmacokinetic study. BioStock talked to Chairman of the Board Gisela Sitbon about the company's eventful autumn and the reasoning behind the change of CEO.Read the full article about Emplicure at biostock.se:  https://www.biostock.se/en/2022/10/emplicures-chairman-of-the-board-comments-on-the-change-of-ceo  This is a press release from BioStock – Connecting Innovation & Capital. https://www.biostock.se/en

Cline starts collaboration with IFLAI in development of AI software for CellRACE project

Cline Scientific announces that it initiates a project with software company IFLAI to develop custom AI-based software for the cancer diagnostic project, CellRACE.Since earlier in 2022, researchers at the University of Gothenburg and Chalmers University of Technology have been collaborating with Cline in exploring whether it is possible to apply algorithms centered around deep learning (a type of machine learning/artificial intelligence) to track and analyze tumor cell behavior and features automatically and objectively. The initial work showed that such a method can be used effectively as

Tokmanni to open the first Miny store in South Karelia before the end of the year – The store will offer more than 1,000 products that are “big on fun, small in price”

Tokmanni     Press release     7 October 2022 at 9:30 a.m. Tokmanni launched its Miny lifestyle brand in early 2022. Miny products are currently available in more than ten Tokmanni stores, two Miny stores and the Tokmanni online store. Later this year, a new Miny store will be opened in the IsoKristiina shopping centre in Lappeenranta, for example. The Miny store pictured here opened its doors in the Forum Jyväskylä shopping centre in Jyväskylä city centre in early October. The network of stores dedicated to Miny , a lifestyle brand run by Tokmanni,

Klaria and PharmaMar initiate collaboration with a one-year study to develop a clinical development candidate of a PharmaMar compound formulated in Klaria’s Alginate Film technology

Klaria Pharma Holding AB (Nasdaq Stockholm: KLAR) announces that the company has signed an agreement with the Spanish biopharmaceutical company Pharma Mar (MSE:PHM), with the aim of performing a feasibility study for the purpose of developing an Alginate Film formulation of a PharmaMar compound. In the event of a positive outcome for this formulation development, the parties intend to negotiate a license agreement which will grant PharmaMar the global rights to the product.Klaria expanding collaboration based business model This collaboration with PharmaMar is the third research and

Wicket Gaming's subsidiary Wegesrand sign project deal worth 0.25 MSEK (22.741 EUR)

Wicket Gaming's subsidiary Wegesrand has signed one project deal with a German museum worth a total of 0.25 MSEK (22.741 EUR). The project scope is to develop an interactive website as well as associated graphics.Wegesrand develops an interactive website as well as associated graphics including three gaming elements, with a project value of 0.25 MSEK (22.741 EUR) and project starting this week and deadline is mid of November 2022. In a comment, Wicket Gaming's CEO Eric de Basso says: “It's great to see that Wegesrand brings in a new project and delivers in accordance with our earlier

Veoneer partners with Arbe to Expand the Boundaries of High-Performance Perception-Level Automotive Radars

Stockholm, Sweden, October 7, 2022: The automotive technology company Veoneer and the 4D imaging radar solutions company Arbe Robotics Ltd (Nasdaq: ARBE) have announced plans to co-develop radars for automotive-grade safety and rolling out autonomous functionality.After 5 years extensive research among technology start-ups, Veoneer has chosen to partner with Arbe for their 2K high resolution industry-leading surround radar, able to enhance the perception system and sensor fusion.  Veoneer will develop, market, and integrate two surround 4D imaging radars extending on Arbe’s reference

Wärtsilä reaching final commissioning for Netherland’s largest energy storage system

Wärtsilä Corporation, Trade press release, 7 October 2022 at 9:30 AM EESTThe technology group Wärtsilä is completing the commissioning of its first energy storage project in the Netherlands , which is the country’s largest system to date. The company was joined by His Excellency Rob Jetten, Minister for Climate and Energy, and the CEO of GIGA Storage BV, Ruud Nijs, to celebrate the milestone during a ribbon cutting ceremony

BioStock: Miris boosts activity in the US and EU

Miris, a leader in breast milk analysis, has increased activity in the US and Europe after the pandemic has subsided. After the summer, the sales team has been into an intensive period with installations of instruments, training of hospital staff and exhibition and training at conferences. They also offer continued support and remote training via Miris Studio. BioStock contacted Miris Sales Manager Marie Ekholm to know more about the activities.Read the full article at biostock.se: https://www.biostock.se/en/2022/10/miris-boosts-activity-in-the-us-and-eu This is a press release from

Himalaya Shipping Ltd. (HSHIP) – Time charters for two vessels

Hamilton, Bermuda, 7 October 2022, Himalaya Shipping is pleased to announce it has entered into time charter agreements for two vessels with one of the major commodity companies, a company also committed to energy transition. The vessels will commence a 32-38 month time charter, plus option for 11-13 month, upon delivery from New Times Shipyard and will earn an index linked rate, reflecting a significant premium to the Baltic 5TC index. The time charters also include a profit sharing of any economic benefit derived from operating the vessel´s scrubber or running on LNG, as well as

Invitation to Stora Enso’s Q3 2022 results webcast on 21 October 2022

STORA ENSO OYJ INVESTOR NEWS 7 October 2022 at 9:00 EESTStora Enso will publish its January–September 2022 Interim Report on Friday 21 October 2022 at approximately 8:30 EEST (7:30 CEST). Analysts, investors, and media are invited to participate in the webcast and conference call at 14:00 EEST (13:00 CEST, 12:00 BST, 7:00 EDT) on the same day. The results will be presented by President and CEO Annica Bresky and CFO Seppo Parvi and may be accessed at https://ir.financialhearings.com/stora-enso-q3-2022   All participants can follow the presentation over the webcast. Analysts and

Essity launches Issviva – a new brand for women+ experiencing menopause

In conjunction with World Menopause Day on October 18, the hygiene and health company Essity is launching a new product area and the new product brand Issviva for women+ experiencing menopause – aimed at raising awareness and breaking the taboo surrounding this transition that impacts millions of women around the world.Issviva is an innovative global e-commerce platform that provides knowledge, solutions and products for women+ during the various stages of the menopause. Visitors can use forums to submit questions to experts and share experiences and lessons learned with others. There are

Outokumpu plans to continue to restrict its ferrochrome production and starts related change negotiations

Outokumpu OyjPress releaseOctober 7, 2022 at 9.00 am EESTOutokumpu plans to continue to restrict its ferrochrome production and starts related change negotiations The price of electricity remains exceptionally high and the situation on the energy market has not eased since Outokumpu announced on September 6 its decision to delay the restart of one of its three ferrochrome furnaces after a maintenance break. In this exceptional situation, the company plans therefore to further delay the restart of this furnace at least until the end of the first quarter of 2023 and will start change

David Mills to be appointed new Chief Financial Officer for Hexagon

Hexagon AB, a global leader in digital reality solutions, combining sensors, software and autonomous technologies, today announced that David Mills will succeed Robert Belkic as Chief Financial Officer (CFO) for Hexagon AB, effective 1 July 2023. David Mills, currently CFO of Hexagon’s Manufacturing Intelligence (MI) division, will be appointed CFO for Hexagon AB as of 1 July 2023. In his role, David will lead Hexagon’s finance functions, supporting Hexagon’s newly appointed President and CEO Paolo Guglielmini. David has worked closely with Paolo since 2010, nurturing MI’s organic growth

The conditions of Etteplan Oyj's public offer for Semcon AB were not fulfilled, and the offer ended at the end of the offer period on October 6, 2022

Etteplan Oyj, Stock Exchange Release, Inside information, October 7, 2022 at 9 a.m. EEST The conditions of Etteplan Oyj's public offer for Semcon AB were not fulfilled, and the offer ended at the end of the offer period on October 6, 2022 THIS ANNOUNCEMENT IS NOT AN OFFER, WHETHER DIRECTLY OR INDIRECTLY, IN AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SOUTH AFRICA OR THE UNITED STATES OR IN ANY OTHER JURISDICTION WHERE SUCH OFFER PURSUANT TO LEGISLATION AND REGULATIONS IN SUCH RELEVANT JURISDICTION WOULD BE PROHIBITED BY APPLICABLE LAW. SHAREHOLDERS NOT RESIDENT IN SWEDEN WHO

Progress update on the strategic review

Catena Media continues to evaluate multiple options for certain parts of its business following the announcement of the strategic review on 20 May 2022. The focus remains on ensuring that the company is well positioned to fully capture the opportunities on offer in North America and other high growth markets as it seeks to maximise value for shareholders. The review was originally planned to conclude by the end of September. The review outcome will be communicated as soon as the process has been completed. Catena Media expects that this will be in the near future but can give no

Storytel’s streaming revenue slightly above forecast for Q3 2022

Storytel's Q3 2022 streaming revenue came in at 742 MSEK, corresponding to a +27 percent year-on-year growth – +29 percent excluding Russia.Streaming revenue in the Nordics for the third quarter of 2022 came in at 493 MSEK, in line with forecast. The average number of paying subscribers for Q3 in the Nordic segment was 1,129,000 which represents an annual increase of 10 percent and corresponds to +105,000 subscribers compared to Q3 2021.The streaming revenue for the Non-Nordics segment in Q3 2022 totaled 250 MSEK, which corresponds to an annual growth rate of 84 percent. Excluding

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