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Business transfer between Metsä Fibre and Botnia Mill Service has been approved by the Finnish Competition and Consumer Authority

Caverion Corporation Stock exchange release 28 June 2022 at 11.30 a.m. EESTBusiness transfer between Metsä Fibre and Botnia Mill Service has been approved by the Finnish Competition and Consumer Authority The Finnish Competition and Consumer Authority has approved, pursuant to Metsä Fibre Oy’s application, the arrangement whereby Metsä Fibre Oy will take over the maintenance operations of their pulp mills and the Rauma sawmill as well as the related workshop and design services. The operations are currently performed by Oy Botnia Mill Service Ab, a joint venture company owned by Caverion

Municipalities’ resource allocation to promote physical activity does not solve all the challenges of physical inactivity

A follow-up study carried out at the University of Eastern Finland shows that the resources used by municipalities for physical activity do not automatically increase physical activity. More than resources, individual factors influence physical activity behaviour. The highest educated and healthiest engaged in leisure-time physical activity more than the less educated or those in poorer health. Men engaged in leisure-time physical activity more than women, while women engaged in more commuting physical activity.“The emphasis on the importance of individual factors suggests that even the

Modular building is gaining popularity – prefabrication has several benefits

Nowadays it seems that new buildings can appear in a day. Sometimes they actually do. Modular building enables the elements or in some cases even whole houses to be prefabricated off-site. The option for traditional building method has many benefits. It for example allows the air temperature and humidity to be constantly controlled.Traditional buildings are constructed directly on site from start to finish, while modular building is carried out in specialized factories, where the modules are assembled and often finished or even furnished. Instead of bringing sand, cement, water and

GF Piping Systems visiting the Sustainable Tropical Data Center Testbed under construction in Singapore.

GF Piping Systems’ president Joost Geginat and Assoc. Prof. PS Lee, Programme Director of Sustainable Tropical Data Centre Testbed (STDCT), toured the new testbed under construction and discussed their shared passion for energy efficiencies and commitment towards finding sustainable solutions for liquid cooling in tropical environments.Digitization has led to a growing global demand for data centers. The housed computer servers generate a lot of heat. Hence, data centers are currently air-cooled at temperatures between 23 and 27 degrees Celsius, and at ambient humidity of 50 to 60 per cent.

Valmet to deliver two chip washing and defibrator systems to Siempelkamp

Valmet Oyj’s press release on June 28, 2022 at 11:00 a.m. EESTValmet will deliver two chip washing and defibrator systems  to Siempelkamp Maschinen- und Anlagenbau GmbH as part of Siempelkamp’s panelboard plant deliveries to two different end customers, one in Europe, one in Asia. The start-ups of the systems are planned for 2023 and the beginning of 2024. The orders were included in Valmet’s orders received of the first quarter 2022. The value of the orders will not be disclosed. “Siempelkamp is well known

Metacon invites to what’s potentially the most important Almedalen talks of the year on how green hydrogen can revolutionise the energy and fuel transition

Metacon AB (publ) participates in two different programs at this year's Almedalen Week in Visby. On Tuesday 5 July, Metacon's CEO Christer Wikner will participate in Hydrogen Sweden's programme "A balanced energy debate". On Wednesday 6 July, Metacon will arrange a seminar entitled "The green hydrogen revolution is here" within the framework of the industry organisation Energiföretagen’s "Arena Energy 2022". In addition to Metacon's CEO Christer Wikner, Håkan Johansson, CEO Gotlandsbolaget, Hans Kreisel, CEO Nordion and Per Rosenqvist, CEO Statkraft Hydrogen Sweden, will participate.The

SAS comment on today’s announcement from the Norwegian Government

Today’s announcement from the Norwegian Government,  regarding its intention to support our transformation plan SAS FORWARD by converting its debt holding into SAS equity, is appreciated and an important step towards the success of SAS FORWARD. The Norwegian Government has also announced they will not contribute with new capital. SAS wants to express its appreciation of the support provided by the Norwegian State over the years and most recently during the pandemic. The full implementation of SAS FORWARD, including the burden sharing components, will allow SAS to become a competitive

Eastnine leases 8,300 sq.m. in Vilnius

Demand for premium offices in Vilnius is high and rental levels are rising. During the second quarter, Eastnine leased approximately 8,300 sq.m. in Vilnius, divided between several new tenants. Most of the leases have taken place in the Uniq property, which, after all the tenants have moved in, will be fully let.Of the total new letting of approximately 8,300 sq.m. during the quarter, 5,800 sq.m. refers to the Uniq property, close to 1,600 sq.m. 3Bures-1,2 and the remaining Vertas-1 and 2. Among the new tenants in Uniq is Accenture, which is establishing a new service centre in information

Loomis issues sustainability-linked bonds of SEK 300 million to Svensk Exportkredit

Loomis AB has issued a sustainability-linked bond loan to Svensk Exportkredit (SEK) of SEK 300 million. The bond loan has a term of 4 years maturing in June 2026 and a floating interest rate. The proceeds will be used for general corporate purposes.   The bond loan is linked to Loomis' sustainability-linked financing framework, which was published in November 2021. The bond loan is connected to the outcome of the sustainability target of reducing Loomis' absolute carbon dioxide emissions by 20 percent by 2025 compared with the 2019 level.   This press release is also available

BioStock: BioMarin's gene therapy treatment receives EU approval

The European Medicines Agency (EMA) has approved BioMarin's gene therapy for the treatment of hemophilia A. The news comes shortly after an external expert committee unanimously recommended the U.S. Food and Drug Administration (FDA) to approve two of bluebird's gene therapy treatments. For Swedish CombiGene, which has a collaboration with american company Spark Therapeutics, all regulatory successes in the sector are welcome news. BioStock reached out to CEO Jan Nilsson for a comment.Read the article at biostock.se: https://www.biostock.se/en/2022/06/biomarins-gene-therapy-treatment-

Viaplay announces ‘R.I.P. Henry’ as latest Norwegian Original

· Compelling performance from Mads Ousdal (‘Wisting’) at the centre of eight-part Norwegian drama series, directed by Arild Fröhlich (‘Helt Perfekt’) · ‘R.I.P. Henry’ produced by Viaplay Group and ITV Studios Norway · Viaplay to premiere at least 70 Originals in 2022 An arrogant small-town surgeon forced to confront life’s deepest questions is the unlikely anti-hero of ‘R.I.P. Henry’, Viaplay’s latest Original from Norway. Mads Ousdal (‘Wisting’; ‘Witch Hunt’) plays the title role in the eight-part drama, which is directed by the award-winning Arild Fröhlich (‘Fatso’; ‘Helt Perfekt’

Stena Line is to set sail in the Pride in London Parade

The Swedish ferry company joins the famous celebration for the very first timeStena Line is celebrating Pride across the company and as part of its ongoing support for the LGBTQ+ community it will, for the first time, be participating in the Pride in London parade being held this Saturday 2[nd] July. This week 70 participants from the company's crews on ships sailing on the Irish Sea and North Sea will converge on London to celebrate Pride and accompany the float on its journey through the UK’s capital. The company will be presenting its new Pride float that consists of replica Stena

Knutsen OAS orders a further three Wärtsilä Compact Reliq systems

Wärtsilä Corporation, Press release, 28 June 2022 at 10 AM EESTThe technology group Wärtsilä will supply three more of its Compact Reliq reliquefaction plants  to Norway based Knutsen OAS Shipping. This brings the total number of orders for the same customer to eight, with two having been ordered in 2020 , and a further three in 2021 . The systems are being installed on eight new LNG carrier vessels being built for Knutsen OAS at the Hyundai Heavy Industries (HHI) yard in South Korea. The latest order with

FA Solutions launches open-source Client Portal for banking and institutional investors

The open-source Client Portal enables banks and institutional investors to build and facilitate better services for clients on top of the FA Platform.Helsinki-based cloud portfolio management platform provider FA Solutions  has today launched its open-source FA Client Portal that allows its banking and institutional investor clients to build additional services and custom functionalities on top of the FA Platform.   In order to provide differentiate themselves from their competitors, banks and wealth managers need a flexible and easily customizable interface

Fuud announces outcome of rights issue

STOCKHOLM, 28 June 2022 08.45 CEST FUUD AB (publ) ("Fuud" or the "Company") announces today the outcome of the rights issue of units which was resolved upon by the Board of Directors of the Company on 20 May 2022 (the "Rights Issue"). A total of 13,406,637 units, corresponding to approximately 31.6 per cent of the Rights Issue, were subscribed for by the exercise of unit rights and without use of unit rights. In addition, 21,152,278 units, corresponding to 49.9 per cent of the Rights Issue, have been subscribed for by the guarantors. Thus, a total of 34,558,915 units were subscribed for in

BioStock: Lipum’s work with its Target Product Profile

Developing a so-called Target Product Profile is an important part of the drug development process, especially since it provides an early target and serves as a steering document for planning. A TTP can both reduce development time and costs, as well as attract partners and investors. Lipum is actively working with this for its drug candidate SOL-116 for the treatment of inflammatory diseases. BioStock had the opportunity to talk to Sven Undeland who is involved in this work at Lipum.Read the full article at biostock.se: https://www.biostock.se/en/2022/06/lipums-work-with-its-target-

Ponsse divests its subsidiary in Russia

Ponsse Plc, insider information, 28 June 2022 at 9:30 am   Ponsse divests its subsidiary in Russia Ponsse Plc has sold all shares in OOO Ponsse, its subsidiary that provided PONSSE services in Russia and Belarus. Today on 28 June 2022, Ponsse signed the deed of sale, according to which Ponsse’s operations in Russia will transfer to OOO Bison once the conditions of the transaction have been met. Ponsse announced its intention to divest its operations in Russia on 15 June 2022. The buyer OOO Bison is owned by Aleksey Voronkevich, whose company Dormashimport has been responsible

Roxtec cable and pipe seals in Bentley design software

A 3D CAD library of Roxtec cable and pipe sealing products is made available in the software system Bentley Raceway and Cable Management.With the release of their Connect Edition Update 10, Bentley added manufacturer specific content in the form of Roxtec transits to the metric datasets. The Roxtec 3D integration provides sealing solution features applicable to a wide range of industries. Increasing efficiency The cable and pipe transits content generates a high quality 3D model, produces clear outputs, and specifies required material. Here are some of the benefits of the transit

Tele2 Joins AWS Partner Network to Deploy Cloud Services to Customers Across Nordics and Baltics

Stockholm – Tele2 AB (“Tele2”) (Nasdaq Stockholm: TEL2 A and TEL2 B) today announced a collaboration with Amazon Web Services (AWS) to enhance the cloud services and cloud management portfolio that Tele 2 offers its customers to enable fast and flexible access to the cloud. Tele2 will leverage AWS cloud capabilities to support growing customer needs in the public sector and across different industry verticals and will assist them with digitalization of processes to enable optimized manufacturing, efficient distribution and improved customer service experiences.As part of the collaboration,

KONE divests its operations in Russia

KONE Corporation, press release, June 28, 2022 KONE Corporation, a global leader in the elevator and escalator industry, will divest its business in Russia to local management. The plans for local ownership and operations will provide a more sustainable long-term solution for employees and customers.   The share purchase agreement with local management is subject to approval by the relevant regulatory authorities in Russia and is expected to close during the fourth quarter of 2022. The value of the planned transaction is not disclosed.  Following the closing of the deal, the

Invitation to presentation of Dustin's Interim report on July 5

Dustin Group will hold a conference call for investors, analysts and media on July 5 at CET 09:00 am with reference to the release of the Interim report for the third quarter.CEO Thomas Ekman and CFO Johan Karlsson will present the financial result for the third quarter 2021/22 and answer questions. The conference call will be held in English. Related presentation material will be available at the corporate website www.dustingroup.com under Investors https://www.dustingroup.com/en/reports before the start of the conference call. Dustin Group will publish the interim report for the third

myFC’s lack of financing will lead to application for bankruptcy

According to a press release on 27 June 2022 from K Öhlin Holding AB, the recommended cash offer of SEK 0.35 per share in myFC Holding AB (publ) (“myFC” or “the Company”) submitted on 1 June 2022 has been withdrawn.As previously communicated, myFC is in an urgent cash position, as the previously announced targeted new share issue was not paid on time. The Company's short-term loans are due for repayment on June 30, 2022. If no new financing, of at least approximately SEK 45 million, is received, the Board will be forced to apply for bankruptcy this week.

Skarta will build a wind farm in Pajuperänkangas with a new customer, ABO Wind

SkartaNYAB Corporation's subsidiary Skarta Finland Oy, a builder of a clean future, has entered into a BoP agreement with ABO Wind for the construction of a wind farm in Pajuperänkangas. The contract includes wind farm roads, lifting areas, foundations, and electrical cabling work in the park area. Construction work will begin in July and finishing work will be completed in the spring 2023. The total value of the contract is approximately 10 MEUR.Skarta will supply the wind power project to ABO Wind as a Balance of Plant project (BoP). In practice, this means that Skarta is responsible for

Committed to combatting climate change – Kiilto joins the Science Based Targets initiative

Kiilto is now in the process of setting Science Based Targets (SBTs). The targets will be aligned with Kiilto's Promise to the Environment as well as the Paris Agreement, which calls for countries and companies to keep global warming below 1.5°C.The desire to be an environmental leader means reducing harmful greenhouse gas (GHG) emissions related to company operations clearly and concretely. By setting new science-based targets (SBTs), Kiilto can future-proof business growth and positive impact while mitigating climate change. “Science-based targets are becoming more and more relevant

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