Pick a time period -
No more available filters You need to apply a filter before selecting newsroom

Use our filters to get your customized news. Save and subscribe to as many filters as you want, get the news that YOU are interested in right in your mailbox, RSS feed or in your personalized dashboard. Share your stories, news, multimedia and pressreleases and get a wider audience with news.cision.com.

Edinburgh Prospect Partnership

16 January 2019  Faroe Petroleum plc  ("Faroe", "Faroe Petroleum", the "Company")  Edinburgh Prospect Partnership     Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce its partnership with subsidiaries of Royal Dutch Shell plc ("Shell") and Spirit Energy Limited ("Spirit") following the award of PL 969 in the recent APA licensing round with the intention to advance the large, cross-border Edinburgh prospect towards a drill decision during 2019.

DDM acquires a distressed asset portfolio in Croatia

DDM Debt AB (Nasdaq Stockholm: DDM2) announces that the group has entered into an agreement with HETA Asset Resolution to acquire a distressed asset portfolio containing secured corporate receivables in Croatia. The acquisition is made through a Joint Venture structure together with B2Holding where each party holds 50%. The Gross Collection Value (face value) of the portfolio amounts to approximately EUR 800 million. The acquisition will be financed by cash on hand and internally generated cash flows. DDM expects to be fully invested following the acquisition. Henrik Wennerholm, CEO

Nordea writes down goodwill following de-risking of Russian portfolio

Nordea has, as part of a conscious de-risking of the bank, reduced its loan book in Russia by more than 60% since 2014, including a divestment of the household loan book. As a consequence of this de-risking, Nordea will in the fourth quarter of 2018 write off the goodwill related to Russia of EUR 141m, which will be reported as a depreciation. The goodwill write-down will not impact the cash flow or the Common Equity Tier 1 ratio and will have a marginally positive impact on the bank’s Return on Equity from 2019 onwards. This goodwill write-down is excluded from Nordea’s guidance for

Wihlborgs signs leases in Malmö — demand for office space remains strong

Wihlborgs has recently signed a number of new leases in Hyllie and central Malmö. The Dungen office project in Hyllie is now fully let.Wihlborgs has now leased a further 1,200 m² in the Dungen office building to Swedish Customs, in addition to the 6,300 m² let by the agency back in 2017. In the same property, a contract has now been signed for 400 m² with a dermatology clinic and together with the 900 m² let to Ferrero Scandinavia, the property is now fully let. Occupancy will begin on 1 April 2019. In central Malmö, Wihlborgs has signed an agreement with Region Skåne for 1,600 m2for a

Masters of the extremes in Greenland – Across the glacier on Nokian Hakkapeliittas

Seven men, three vehicles, and 5,000 kilometers of ice. It took 20 days for the Icelandic-American expedition to drive from the southern coast of Greenland to the land’s northernmost spot and back. One of the team’s special vehicles built by Arctic Trucks was equipped with Nokian Hakkapeliitta 44 tires, which are tailored for real winter. This wild adventure in the uncompromising Arctic climate was a tough test for the participants and equipment alike. Watch a video of the masters of the extremes in Greenland  The Nokian Hakkapeliitta 44 tires faced a

NOTICE OF EXTRAORDINARY GENERAL MEETING

The Nomination Committee has proposed that the general meeting elects Jens Rugseth as a new board member in substitute for the current board member Kristian Lundkvist. In accordance with the Nomination Committee’s proposal, the Board of Directors of Techstep ASA hereby calls for an extraordinary general meeting on 11 February 2019, at 17:00, at the business address of Cipriano AS, Munkedamsveien 45F, 8th floor, 0118 Oslo, Norway. The notice of the extraordinary general meeting is enclosed herewith and the documentation will be made available on www.techstepasa.no. Techstep notice of

Halton’s silent indoor air technology embedded into unique architecture

Halton, specialising in demanding indoor air solutions, was the indoor air partner for Oodi, Helsinki’s new central library and urban public space. Halton implemented an efficient yet silent and draught-free ventilation system that was embedded into the architecturally unique building. The solution’s acoustic properties were tested in advance in Halton’s product development facility in Kausala. Oodi is another chapter in Halton’s list of cultural building references in Finland and abroad.Indoor air systems in public premises have extra requirements such as silent and draught-free operation

Hemfosa strengthens its transaction team

Hemfosa Fastigheter is strengthening its transaction team, employing Hanna Fjeldgård and David Träff as project managers. Both bring solid expertise from complex and value-generating property transactions, and will strengthen Hemfosa’s opportunities for consolidating its strong position in community service properties in the Nordic region. They will take up their positions in March 2019.Hanna Fjeldgård currently works at Nordanö (formerly Leimdörfer), where over the past five years she was part of carrying out several large, complex property transactions with Swedish and international

RepRisk releases the Most Controversial Companies 2018 Report: Three of the ten companies ranked were included due to product recalls

The ninth edition of the annual Most Controversial Companies (MCC) Report by RepRisk highlights the companies that were most exposed to environmental, social, and governance (ESG) along with business conduct risks in 2018Zurich, Switzerland – January 16, 2019 – “The MCC 2018 Report shows how major corporations from different sectors, including airlines, utilities, and banks had to mitigate reputational and financial impacts resulting from inadequate management of ESG risks,” states Philipp Aeby, CEO of RepRisk. “The wide spectrum of ESG issues faced by the companies, and the ripple effects

Integrum appoints Blake E. Pokress as Vice President of North America

Integrum, a leading provider of innovative solutions for bone anchored prosthetics, is today proud to announce the appointment of Blake E. Pokress as its Vice President of North America.Blake will be instrumental in leading the overall growth of Integrum’s OPRA™ (Osseointegrated Prostheses for the Rehabilitation of Amputees) implant system and maximizing the unprecedented opportunity to improve the lives of the millions of people living with limb loss in North America. With more than twelve years of orthopaedic experience, Blake will drive increased awareness and understanding of

Finns to design a totally new urban area in accordance with sustainable development principles in Nepal

Finnish companies will collaborate to design a new urban area for more than half a million inhabitants in the Kathmandu Valley in accordance with the principles of sustainable development. Rapid population growth and environmental problems require that new solutions are developed for construction, transport, energy production, and water and waste management. Urbanisation also enables Nepal to develop economically, and this project will steer the growth in a sustainable direction.   “The population growth and urbanisation of the region are challenges that require a rapid and sustainable

The near future will yield precise forecasts about traffic and we will drive on roads made of recycled asphalt

YIT Corporation News, January 16, 2019, at 07:00 a.m.The new Future of Roads vision of YIT explores these and a number of other future prospects. In the near future, there will be various interesting changes in traffic and road infrastructure. Artificial intelligence will help predict not only traffic jams and changes in weather conditions but also the deterioration and the renovation need of roads. New materials and their processing methods will expand the service life of roads while decreasing the environmental impact of road infrastructure. A little further in the future, we will

STOREBRAND ASA: Transitional effects from new tax rule increases Group result and solvency

In December 2018, the Norwegian parliament (Stortinget) ratified new tax rules for insurance and pension companies effective as of 1 January 2018. The changes imply that customer assets for life insurance companies will be tax neutral at the end of the year. Shareholders' part of the result will be taxed in accordance with ordinary tax rules. This will significantly reduce tax risk and volatility for the Group. Storebrand has previously booked a deferred tax liability due to the differences between mark to market values and tax values associated with real estate owned by the customer

INFORMATION MEMORANDUM

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL Reference is made to the stock exchange notices on 17 October 2018 by Norwegian Energy Company ASA ("Noreco" or the "Company") regarding the announcement of the agreement to acquire Royal Dutch Shell Plc's upstream assets in Denmark (the "Transaction"). In accordance with the Oslo Stock Exchange Continuing Obligations for listed companies section 3.5, Noreco has prepared an information memorandum (the “Information

Biotage completes the acquisition of PhyNexus, Inc. and resolves on a share issue as part of the acquisition

Stockholm – Biotage AB (publ) (Biotage) has today completed the acquisition of PhyNexus, Inc. (PhyNexus), which was announced on December 4, 2018. As part of the completion, the Board of Directors of Biotage has also, pursuant to an authorization granted by the Annual General Meeting 2018, resolved on a share issue of 487,337 shares. As previously announced, Biotage has on December 4, 2018, entered into an agreement to acquire all outstanding shares in the privately held company, PhyNexus and the purchase price amounts to approx. USD 21.4 million (corresponding to approx. SEK 191 million[

The California Hotel & Lodging Association Offers New, In-Depth Human Trafficking Awareness Training

New and improved training resource provides members with comprehensive, free human trafficking awareness training to meet state requirement SACRAMENTO, CA – The California Hotel & Lodging Association (CHLA) announces a new partnership with the nonprofit, Businesses Ending Slavery & Trafficking (BEST), to provide free human trafficking training for CHLA members and their employees. BEST’s Inhospitable to Human Trafficking training explains human trafficking in relation to the hotel industry, how employees can identify the warning signs, and how to report human trafficking incidents to law

Invitation - DNB's fourth quarter results for 2018 will be presented in London, Thursday 7 February 2019

DNB will publish its results for the fourth quarter of 2018 on Thursday, 7 February 2019 at 07.30 (Oslo time). The fourth quarter results presentation will be held in London at the same day. The event will be webcasted and it will be possible to ask questions online. Link to webcast will be made available at ir.dnb.no. Please note that there will not be held any presentation in Oslo, nor any analyst- and investor conference call, in relation to the fourth quarter. Presentation details: Time:            10.30-12.00 (London time), followed by light lunchPlace:           DNB Bank

Innovative mobility solutions of tomorrow presented by Munich Airport and bayern design

LabCampus, flying taxis and moreWhat will mobility look like in the future? This question is explored in a new exhibition: "Simply Move". Staged by bayern design, the Center of Excellence for Design of the State of Bavaria, in cooperation with Munich Airport, Simply Move covers topics ranging from self-driving cars and vertical take-off taxis to Munich Airport's unique innovation center LabCampus. Visitors can experience the nine exciting future visions in the Terminal 2 check-in area. Along with such participants as BMW, Lilium and the German Aerospace Center, the exhibitors presenting

Cederquist represents the shareholders in connection with the sale of minority stakes in Acne Studios

The shareholders of Acne Studios have entered into an agreement for the sale of minority stakes in Acne Studios Holding AB to IDG Capital and I.T Group, respectively.The founders Jonny Johansson and Mikael Schiller will together remain as majority shareholders in the group. IDG Capital is an investment firm with extensive experience in investing in the Chinese market. I.T Group is listed on the Hong Kong Stock Exchange and is one of Asia's leading players in the retail and luxury segment. Cederquist's team is led by M&A partners Martin Ulfson and Pontus Röckert, together with associates

Self Storage Group ASA – Primary insider notification

(Oslo, Norway, January 15, 2019)  Vatne Equity AS has today acquired 600,000 shares in Self Storage Group ASA at a price of NOK 16.15 per share. Indirect owner of Vatne Equity AS, Runar Vatne, is a Board Member of Self Storage Group ASA.Following this transaction Vatne Equity AS holds 3,207,630 shares in Self Storage Group ASA, equaling 4.88% of the total share capital and votes of the company.This information is subject to the disclosure requirements set out in section 5-12 of the Norwegian Securities Trading Act.Further informationHenrik KreftingChief Executive Officer, Vatne

DNB Livsforsikring AS – transitional effects from new tax rules

DNB Livsforsikring AS is a wholly owned subsidiary of DNB ASA. In the fourth quarter of 2018, the following allocations and financial statement entries of significance to the company's profits were made:  By adopting the Act of 20 December 2018, the Norwegian Storting laid down new tax rules with appurtenant transitional rules for life insurance and pension companies, with effect for 2018. The new rules involve taxation of income and costs related to assets in the common portfolio and the investment choice portfolio. The transition to new rules is regulated in the transitional provisions,

Energi Fyn continues roll-out with Waystream

Waystream has received an additional order from Danish broadband operator Energi Fyn Bredbånd. The order is worth approximately 2 MSEK.The access equipment consisting of Waystream ASR 6000 and optical accessories is delivered immediately and will be used for expansion of Energi Fyn Bredbånd's broadband network. Fiber is the fastest growing broadband technology in Denmark and the total number of broadband subscribers have grown by nearly 25% since 2013. · We are of course pleased that Energi Fyn Bredbånd continues their roll-out with Waystream products. We have continuously supplied

Saab to Deliver Communication System to Norwegian Coast Guard Vessels

Saab has signed a contract with Vard Group AS to take on the communication integrator role for the Norwegian Coast Guard project P6615.Saab will provide the Norwegian Coast Guard’s three newly ordered vessels with Saab’s complete Integrated Communication System, TactiCall, consisting of both internal and external communication. “The third generation of TactiCall is able to meet the customer’s tough requirements. It combines and matches both human and tactical conditions and is easy to operate,” says Ellen Molin, Senior Vice President and head of Saab's business area Support and Services.

There are no items matching the current filter
There are no more items matching the current filter
Back to top