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Insider information: Pihlajalinna signed EUR 170 million sustainability-linked loan facilities agreement

Pihlajalinna Plc       Insider Information       18 June 2024 at 9:00 a.m. Insider information: Pihlajalinna signed EUR 170 million sustainability-linked loan facilities agreement Pihlajalinna Plc has signed an unsecured EUR 170 million sustainability-linked loan facilities agreement with two of its partner banks. The agreement includes a EUR 110 million term loan for refinancing the Group’s existing indebtedness, and a revolving credit facility of EUR 60 million for general corporate purposes. The financing agreement is for three years and includes two option years. The financing

Bioretec Appoints Frank Sarcone as Vice President of Sales for the US and a member of the Management Team

Bioretec Ltd  Press release 18 June 2024 at 9:00 a.m. EESTBioretec Ltd, a pioneer in biodegradable orthopedic implants, has, as of June 17, 2024, appointed Frank Sarcone as Vice President of Sales for the United States and a member of Bioretec’s Management Team. In his role, Sarcone reports to the company’s CEO. This strategic addition to Bioretec’s leadership team comes as part of the ongoing commitment to driving growth and innovation in the medical device technology industry. Frank Sarcone brings with him a wealth of experience and a remarkable track record in the medical device

Sipiem Appeal Judgement

18 June 2024 Quantum Blockchain Technologies Plc (”QBT” or ”the Company”)     Sipiem Appeal Judgment   The Company announces that on 10 June 2024, the Court of Appeal of Venice (the ”Court”) issued a judgment on the appeals lodged by the defendants in Company subsidiary Clear Leisure 2017 Ltd’s (”CL17”) lawsuit against the former directors and statutory auditors of Sipiem in Liquidazione Srl (”Sipiem”) and the related counterappeals filed by CL17. The Court of Appeal rejected all of the Sipiem defendants’ appeals with the exception of a minor claim. As a result, all

Drone used to extend 5G network to enable forestry machine to be remotely controlled

With the help of a drone equipped with its own portable mobile base station, a forestry machine has been remotely controlled via 5G in an area with limited connectivity. The test was carried out in a forest outside Västerås, central Sweden, as part of a research project involving Mittuniversitetet, Telia, Ericsson, Skogforsk, SCA, Volvo CE and Biometria, co-funded by Vinnova and the program for Advanced Digitalization. The project group passed a milestone in November 2021 when it was able to remotely control a timber loader at SCA’s Torsboda timber terminal 

Sustainable journey to Koh Mak

    Between Koh Chang and Koh Kood, discover Koh Mak, a tranquil haven for eco-conscious travellers. This 16 sq. km island boasts pristine beaches, ranked among the world's best, and remains largely untouched by tourism. In 2006, the British Sunday Times ranked the beaches of Koh Mak among the 10 best worldwide and recently won 2nd place in The 2023 Green Destinations Story Awards .   To minimizing the island’s carbon footprint, ferry with tourist’s vehicles and any kind of land and marine sport with engine is

Encare Named Finalist in Techarenan Challenge 2024

Encare, a leader in health tech innovation, is proud to announce its selection as a finalist in the prestigious Techarenan Challenge 2024. Held on June 26-27 during Almedalsveckan in Visby, Gotland, the event highlights the most innovative companies from across the Nordics. As a finalist, Encare gains a premier platform to showcase its cutting-edge solutions and engage with key industry leaders.Encare's innovative SaaS solution, the ERAS[®] Interactive Audit System (EIAS), supports healthcare providers in improving patient recovery after surgery. EIAS offers digital tools and training for

EU can take the lead in reducing consumption-based emissions

A new Stockholm Environment Institute report reveals that the EU’s focus on territorial emissions understates the impact of its consumption globally. The study shows huge potential for the EU to raise the ambition of its climate action by addressing Member States’ consumption-based emissions and lowering consumption overall. Carbon footprint for all EU MS in 2021 and per categories of consumption (European Commission, 2023 ). Between 1990 and 2020, the EU slashed its territorial emissions by 29%. Yet, its

Breakthrough may clear major hurdle for quantum computers

The potential of quantum computers is currently thwarted by a trade-off problem. Quantum systems that can carry out complex operations are less tolerant to errors and noise, while systems that are more protected against noise are harder and slower to compute with. Now a research team from Chalmers University of Technology in Sweden has created a unique system that combats the dilemma, thus paving the way for longer computation time and more robust quantum computers. For the impact of quantum computers to be realised in society, quantum researchers first need to deal with some

Stepwise Secures NOK 35 million in Capital Raise to Fuel Expansion

Stavanger, Norway – June 18, 2024 — Stepwise AS, a leading emissions management platform that empowers companies within the energy sector to reduce their carbon footprint, announces the successful completion of a NOK 35 million capital raise. The funding enables accelerated growth plans and enhanced product offerings, on the path to becoming a market leader in emissions reduction for the energy sector. “We founded Stepwise in 2021 with a clear vision of delivering a unified platform for sustainable emissions reduction and monitoring across operations and management, and we are now

Vår Energi extends gas sales agreement with VNG for an additional 12 years

Sandnes, Norway, 18 June 2024: Vår Energi ASA (OSE: VAR, "Vår Energi") has extended the long-term agreement for delivery of up to five billion cubic meters (bcm) natural gas to VNG Handel & Vertrieb GmbH (“VNG”) over a 12-year period. The agreement builds on the long-standing relationship between Vår Energi and VNG, dating back to the early 1990s.   Vår Energi’s CEO, Nick Walker, comments: “The agreement with VNG is a strong response to our European customers’ need to ensure long-term energy supply. Vår Energi is committed to continue to be a reliable and secure producer of natural

First day of trading in Prisma Properties' shares on Nasdaq Stockholm

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA, THE UNITED STATES OF AMERICA, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION OF THE INFORMATION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURE. PLEASE REFER TO "IMPORTANT INFORMATION" AT THE END OF THE PRESS RELEASE.Prisma Properties AB ("Prisma Properties", "Prisma" or the "Company"), a fast-growing property owner and property developer in modern necessity-driven discount retail, today announces the outcome of the offering of

Wärtsilä launches world’s first large-scale 100% hydrogen-ready engine power plant

Wärtsilä Corporation, Press release, 18 June 2024 at 8:00 AM EESTTechnology group Wärtsilä has today launched the world’s first large-scale 100% hydrogen-ready engine power plant, to enable the net-zero power systems of tomorrow. The IEA World Energy Outlook 2023[1] shows that hydrogen is an essential component of our future power systems. According to the report, the pathway to reach net zero emissions by 2050 requires 17 Mt of hydrogen to be consumed in power generation in 2030, reaching 51 Mt by 2050.  The deployment of renewables worldwide is set to double by the end of this

Finland's Oldest Nuclear Reactor Decommissioned in Espoo

The FiR1 nuclear reactor, which operated for over fifty years in Espoo, Finland, has been decommissioned in collaboration with Fortum. This challenging project addressed numerous concrete issues and simultaneously established the national mechanism for nuclear decommissioning waste management process. The experiences gained will serve as a model for decommissioning commercial nuclear reactors in Finland as they reach the end of their operational life.The FiR1 research reactor was Finland's oldest nuclear reactor. Commissioned in 1962, the unit was used for versatile research purposes and

Jobs to Do In The Garden in July

July in the UK – a time for long evenings, sizzling barbecues with friends, and, of course, a lot of colour bursting across your garden. But amidst the sunshine and socialising, there's still plenty to keep you busy when it comes to gardening. So, what are the essential gardening jobs for this month?   [A hand holding a rake in the dirt Description automatically generated]   To make sure you don’t miss anything, gardening expert Fiona Jenkins at MyJobQuote.co.uk  has created this guide on everything you need

CVC and Waldakt, acting through Ronneby UK Limited, announce a recommended cash offer of SEK 23.50 per share to the shareholders of Resurs Holding AB (publ) that cannot be increased

This announcement is not an offer, whether directly or indirectly, in Australia, Belarus, Canada, Hong Kong, Japan, New Zealand, Russia, Singapore, South Africa 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 wish to accept the Offer (as defined below) must make inquiries concerning applicable legislation and possible tax consequences. Shareholders should refer to the offer restrictions included in the section titled "Important information" at

Paradox Interactive cancels the release of Life by You which impacts the second quarter with MSEK 208 in a write-down

Paradox Interactive (Paradox) has today decided to cancel the release of the game Life by You. This means that the second quarter of 2024 will be impacted negatively by MSEK 208 from the write-down of the game’s total capitalized development costs. For a long time, we’ve held hopes for Life by You and the potential we saw in it, but it is now clear that the game will not be able to meet our expectations. A version that we’d be satisfied with is too far away, and therefore we are taking the difficult decision to cancel the release. Moving forward, we should perform at a much higher level,

Relais Group Plc: Share Repurchase 17.6.2024

Relais Group Plc  ANNOUNCEMENT  17.6.2024 Relais Group Plc: Share Repurchase 17.6.2024 In the Helsinki Stock Exchange Trade date           17.6.2024Bourse trade         BuyShare                  RELAISAmount             600 SharesAverage price/ share    13,4000 EURTotal cost            8 040,00 EUR Relais Group Plc now holds a total of 19 094 sharesincluding the shares repurchased on 17.6.2024 On behalf of Relais Group Plc Nordea Bank Oyj Janne

Buy-back of shares in Arise during week 24, 2024

During the period between 10 June and 14 June 2024 Arise AB (publ) (LEI code 549300FOT7EE85QYB655) (“Arise”) repurchased, in total, 147,180 own shares (ISIN code SE0002095604) under the share repurchase program initiated by the Board of Directors to deliver shareholder value and to optimize the capital structure of the company. The share buy-backs form a part of the share repurchase program of a maximum amount of SEK 50 million, which Arise announced on 7 May 2024. The share repurchase program, which runs from 8 May 2024 until the date of Arise's Annual General Meeting in 2025, is being

Pihlajalinna Oyj: Acquisition of own shares on June 17, 2024

Pihlajalinna Oyj: Acquisition of own shares on June 17, 2024 Pihlajalinna Oyj’s stock exchange release on June 17, 2024, at 07:00 p.m. EET Date June 17, 2024Exchange transaction BuyShare trading code PIHLISAmount, shares 774Average price/share (EUR) 9.5252Total cost (EUR) 7,372.50 After the acquisitions Pihlajalinna Oyj holds a total of 136,055 treasury shares. ON BEHALF OF PIHLAJALINNA OYJ Danske Bank A/S, Finland Branch  Antti Väliaho                        Jonathan Nyberg Additional Information

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