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Sandvik completes the acquisition of Newtrax

Sandvik has completed the previously announced acquisition of Newtrax, a supplier of technology in wireless connectivity to monitor and provide insights on underground mining operations, including people, machines and the environment. Newtrax is headquartered in Montréal, Canada, and in 2018 Newtrax generated revenues of about 26 million CAD with 120 employees. The deal is initially slightly accretive to earnings per share. Stockholm, 17 June 2019 Sandvik AB For further information, contact Ann-Sofie Nordh, Vice President Investor Relations, phone: +46 8 456 14 94 or Martin

Cimco Marine AB (publ) appoints Myron Mahendra as new CEO

Cimco Marine AB’s (publ.) Board of Directors has appointed Myron Mahendra as new CEO from 1st July 2019. He succeeds Andreas Blomdahl who will continue his role as Board member of Cimco and additionally to act as a Senior Advisor and Brand Ambassador for the company with a specific focus to develop sales and markets. ”We are very pleased with the appointment of Myron Mahendra as the new CEO of Cimco Marine AB. In his role as CFO and Executive Vice President, Myron Mahendra has gained a deep knowledge and experience about the company and its markets. I and the Board are convinced

The biggest investment in the history of Nokian Heavy Tyres is taking shape on time: the 3,500-square-meter R&D Center will be ready in 2019 and the factory will reach full capacity in 2021

Nokian Heavy Tyres, Nokia, Finland, 17 June 2019 – In 2018, Nokian Heavy Tyres announced a massive undertaking: to increase the production of commercial tires up to 50 percent and more than double the number of new products by investing heavily on production and product development. The total investment will be approximately EUR 70 million. Now, what started as a vision is quickly becoming a concrete reality. Matti Kaunisto, Development Manager at Nokian Tyres, is satisfied. After months of planning all the details and getting intimate with the Building Information Model on his computer,

Pihlajalinna to commence the preparations of efficiency improvement programme

Pihlajalinna Plc                            Insider information                    17 June 2019 at 10:00 Pihlajalinna to commence the preparations of efficiency improvement programme Pihlajalinna Plc will launch the preparations of an operational efficiency improvement programme. The programme aims at annual cost savings of EUR 14 million. The company has undergone strong growth through both M&A transactions and expanding the service network, and it has concluded new agreements in early 2019 in particular. With the efficiency improvement programme, the company aims to achieve its

Fortum has won the right to build 5.6 MW of CSA-supported solar capacity in Russia

FORTUM CORPORATION ONLINE NEWS 17 JUNE 2019 10:00 EEST Fortum has won the right to build 5.6 megawatt (MW) of solar capacity in a Russian Capacity Supply Agreement (CSA) auction. The power plant is to be commissioned during the year 2022 and will receive a guaranteed CSA price corresponding to approximately RUB 15,000 per MWh for a period of 15 years. In June 2018 the Fortum won the right to build 110 MW of solar power to be commissioned during 2021-2022. Fortum currently owns three solar power plants in Russia with a total capacity of 35 MW. In addition, the Fortum-Rusnano wind

A Society Announces Ryan Kluft as CEO, North America

Ryan Kluft named CEO, North America to lead A Society’s business in the US and CanadaA Society, the consulting company of tomorrow for sourcing, onboarding and managing independent technology and business providers in the R&D and IT/ICT ecosystem, is pleased to announce the appointment of Ryan Kluft as CEO, North America. Kluft previously served as the COO for A Society’s US and Canadian businesses. The appointment is effective immediately. “We are delighted to name Ryan Kluft CEO, North America. We work with partners and consultants throughout North America to provide our global

GoldBlue aquires an iGaming business with huge customer base of 20,000 players

GoldBlue AB (publ) (GoldBlue or the Company) confirms today that the Company has signed an agreement regarding acquisition of an iGaming business towards the Thai speaking market. The deal enables a multiplication of sales and customer deposits towards this market. GoldBlue will migrate the operator's customer base to its own brand. The deal is only based on revenue sharing, of which GoldBlue will retain 40 percent of all revenue. The total volume for this business today is approximately SEK 3.5 million in monthly customer deposits and an average NGR of approximately 20 percent of

Lars-Åke Norling new CEO of Nordnet

Lars-Åke Norling has been appointed new CEO of Nordnet. Lars-Åke has previously, among other, been the CEO of Telenor Sweden and is currently Investment Director and sector head TMT at Kinnevik.[Larske Norling] Lars-Åke starts his new role at Nordnet on 1 September. Until then, Anders Danielsson will stay in his current position as acting CEO. - Lars-Åke is the right person to lead the work of building the bank of the future. He has extensive experience in the consumer market, a sharp focus on results and has an edge in digital transformation, says Tom Dinkelspiel, Chairman of the

NOTE expands partnership with Maven Wireless AB

NOTE will supply Maven Wireless with approximately EUR 5 million worth of products on an annual basis. After joint development activities dating back to 2017, batch production started in May 2019 at NOTE Pärnu, Estonia. The project is now entering the volume phase. Maven Wireless, a Swedish company, delivers sustainable coverage solutions for public cellular and critical communication. The Maven Wireless Digital Antenna System (DAS) and digital repeaters can be used widely in different applications, for example in-building coverage, tunnel coverage and for stadium solutions. “Maven

Atlas Copco has acquired a Pennsylvania based distributor of compressors

Stockholm, Sweden, June 17, 2019: Atlas Copco has acquired the operating assets of Taylor Air Center, a division of Vallen Distribution Inc.The company has around 20 employees and is located within the densely populated Lehigh Valley in Pennsylvania in the US. “Taylor Air Center has a very long history of being a successful distributor and has a well-served, established customer base”, said Vagner Rego, Business Area President Compressor Technique. Taylor Air Center sells mainly directly to end users across a focused range of market sectors, along with some sales to smaller resellers

Calquence significantly prolonged the time patient

17 June 2019 07:00 BST    Calquence significantly prolonged the time patients lived without disease progression in relapsed or refractory chronic lymphocytic leukaemia An encouraging 88% of patients on Calquence remained free of disease progression after 12 months, vs. 68% of patients on rituximab combined with idelalisib or bendamustine  AstraZeneca today announced detailed results from the interim analysis of the Phase III ASCEND trial at the European Hematology Association (EHA) Annual Congress in Amsterdam, showing Calquence (acalabrutinib) significantly prolonged the time

New MasterTig – quiet but competent master of TIG welding

Kemppi announces the launch of a completely renewed MasterTig product family. Designed for professional user groups, MasterTig product range offers a choice of power variants in 230 and 300 A models, which will be complemented in 2020 with 400 and 500 A models. The new MasterTig products carry numerous enhancements that raise the user experience and the power efficiency to a new level. MasterTig is already a familiar name in Kemppi’s product selection, but now the MasterTig products are reborn. They have not only been upgraded, but a completely new welding machine has been created for

Veoneer acquires Nissin Kogyo's interests in US VNBS operations

Stockholm, Sweden, June 17, 2019: Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world’s largest pure-play company focused on Advanced Driver Assistance Systems (ADAS) and Automated Driving (AD), has signed a binding agreement  with Nissin Kogyo, its joint venture partner in Veoneer Nissin Brake Systems (VNBS), providing for certain structural changes to the joint venture and reaching an agreement on the funding of VNBS.Under the agreement Veoneer will acquire Nissin Kogyo’s interests in the US operations of VNBS, referred to as VNBA, for one US dollar, and VNBS will transfer or license

The H&M group’s sales development in the second quarter 2019

In the second quarter of 2019, i.e. during the period 1 March 2019 to 31 May 2019, the H&M group’s net sales increased by 11 percent and amounted to SEK 57,474 m (51,984). In local currencies, net sales increased by 6 percent.The rapid changes in the fashion industry continue and we can see that our own transformation work is taking us in the right direction, although hard work and many challenges still remain. As customer satisfaction and sales increase, we have intensified our transformation work even further.Communication in conjunction with the six-month reportThe six-month report

Balder’s upper secondary school named “Stockholm Building of the Year 2019”

The “Stockholm Building of the Year 2019” is Anna Whitlock’s Upper Secondary School on Kungsholmen, voted as the winner by Stockholmers themselves. The capital city’s largest upper secondary school with 2,500 pupils was created in an extremely short period of time by Balder in collaboration with the City of Stockholm.“Our goal has been to create a very pleasant environment for both pupils and teachers. I view the award as a fine recognition that we succeeded,” comments Erik Selin, CEO of Balder. For the tenth consecutive year, Stockholmers had to vote for their favourite building in the

Electrolux issues bond loan

Electrolux today issued a SEK 1.25 billion bond loan under its EMTN (Euro Medium Term Note) program.The bond loan is issued on June 17, 2019 with a maturity on June 17, 2022. The loan has a floating interest rate and will be listed on the Luxembourg Stock Exchange. The proceeds of the offering will be used for general corporate purposes. Detailed information on the bond loan and terms of the issuance is found on the Group’s web site at http://www.electroluxgroup.com/en/long-term-bond-issues-363/.

Nordic Capital builds on its existing Healthcare sector track record with further expansion into US market

– and announces latest investment in US-based provider of life sciences software The Advisor to the Nordic Capital Funds announces its further expansion into the US, building on Nordic Capital’s reputation as a leading investor in global healthcare and already established track record in the US market. After ten years of Nordic Capital successfully investing in the US healthcare space, the Advisor to the Nordic Capital Funds will open new offices in New York during the Autumn of 2019. The initiative is led by Dr Raj Shah M.D, Partner and Co-Head of Healthcare. Thomas Vetander, Partner and

Nordic Capital acquires ArisGlobal, a leading global provider of life sciences software

-        As a leading healthcare and technology investor, Nordic Capital will further support and accelerate ArisGlobal’s growth Nordic Capital Fund IX today announced an agreement to acquire US-headquartered ArisGlobal, a leading global provider of innovative SaaS software solutions, which are transforming the way the most successful life sciences companies handle drug safety, clinical development, regulatory compliance, and medical affairs. Drawing on its deep understanding of both the healthcare and technology sectors, Nordic Capital will support ArisGlobal’s continued development. The

Hunter Group ASA - Memorandum of Agreement signed

Oslo, June 17th 2019 Hunter Tankers AS (the "Company"), a wholly owned subsidiary of Hunter Group ASA has today signed a Memorandum of Agreement (the "MoA"), with Far Eastern buyers  (the “Buyer”) to sell one of the Company’s vessels at a price of USD 98,000,000.  As security for the correct fulfillment of the MoA the Buyers have agreed to pay a deposit equal to 20% of the purchase price.  The vessel will be delivered to the Buyers on October 31st 2019 which will also be the closing date for the transaction. Furthermore, the Company is still in advanced discussions regarding the sale

Wärtsilä and Summit sign Bangladesh’s biggest ever service agreement to maintain Summit’s 464 MW power plants

Wärtsilä Corporation, Press release, 17 June 2019 at 9.00 am EESTThe technology group Wärtsilä has signed two major Maintenance management and operational advisory agreements with Summit Group, the largest independent power producer (IPP) in Bangladesh and longstanding partner. The seven-year agreements represent the biggest ever signed service deals, in terms of MW generation, in the Bangladesh energy sector. The orders were booked by Wärtsilä in Q2, 2019. The lifecycle solution agreements cover two power plants located in Gazipur, Dhaka owned by Summit Gazipur II Power Ltd, and Ace

12,000 completed tests & increased revenue - JobMatch continues to grow

2018 was a successful year for JobMatch Sweden with over 12,000 completed JobMatch Talent tests, increased sales by 15 percent and a re-certification from DNV-GL. The company plans to continue to grow by translating the test into new languages and increasing the test system's user-friendliness."A big reason for our steady growth over the last few years is that DNV-GL has quality assured and certified our test for the Swedish market. As a direct result, we have gained many new customers, primarily in municipalities, government agencies and universities", says Klaus Olsen, CEO of JobMatch

Azelio in collaboration for verification of its energy storage technology also in Sweden

In addition to the planned verification in Morocco at the end of 2019, Azelio is now initiating a collaboration with the Swedish Glava Energy Center (glavaenergycenter.se) for verification of its technology also in Sweden. The collaboration enables tests close to the company's development and in system together with other renewable technologies and different grid configurations. The varying test environments accelerate the verification for a wide area of uses for an expanded market. Azelio's thermal energy storage technology with renewable electricity production has, as previously

Polygiene Increases Focus on Sustainability by Appointing Industry Veteran to Advisory Board

Polygiene Stays Fresh Technologies appoints industry veteran, opinion leader and sustainable textiles expert, Dr Pamela Ravasio to its advisory board.The addition of a member with long-running sustainability, textile and Sports & Outdoor experience to the advisory board, will add important expertise at a time when the new strategy of the company is being completed. “With a background in CSR and sustainability Pamela Ravasio covers many areas that are important for Polygiene. She will be a very welcome member to our advisory board. Since we have sharpened our strategy, and included a much

Drilling contract for Borgland Dolphin in Norway

Dolphin Drilling AS, a subsidiary of Dolphin Drilling ASA, has signed a contract with A/S Norske Shell for drilling at the Knarr field on the Norwegian continental shelf. The contract include drilling of one well and two one well options, the fixed contract value is USD 15 million including mobilization cost. Commencment window is February to May 2020. This contract reintroduces Dolphin Drilling and Borgland Dolphin to drilling services in Norway. Borgland Dolphin is currently undergoing preparation for contract start-up with i3 Energy in the North Sea, UK sector, planned commencement

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