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SKF initiates a separation of its Automotive business

Gothenburg, 17 September 2024: The Board of Directors of SKF has decided to initiate a separation of its Automotive business with the objective of a separate listing on Nasdaq Stockholm through a Lex Asea distribution to its shareholders. The intention is to list the Automotive business on Nasdaq Stockholm during first half of 2026. Given different business dynamics, end markets and success drivers for the Industrial and Automotive business segments, a separation will facilitate a clearer focus on distinct opportunities to enhance customer value, accelerate growth as well as improve

Stendörren acquires a portfolio of warehouse and light industrial properties in Uppsala for SEK 545 million

Press release 17 September 2024 Stendörren Fastigheter AB (publ) has acquired the warehouse and light industrial properties Danmarks-Kumla 8:22, 8:23, and 8:25 in Uppsala from a private seller. The total agreed property value amounts to SEK 545 million, with a total lettable area of 18,600 square meters. The properties, built 2020 or later, are fully let to multiple tenants, with an average remaining lease term of 8.5 years. The annual net operating income is estimated to SEK 36 million. Closing of the transaction is expected to take place on the 1[st] of October 2024. ”We are

CS MEDICA Announces Approval of CANNASEN® Pain Patch in Malaysia and Trademark Registration in Thailand

Overcoming Regulatory Challenges, CS MEDICA Expands its Footprint in Asia with Latest ApprovalsCS MEDICA A/S, a Danish MedTech specializing in pain management, autoimmune diseases, and stress-related disorders, is pleased to announce a milestone in its Asian market expansion strategy. The Pain Patch has been officially approved as a general medical device (GMD) in Malaysia, marking it the second product authorized for sale in the country. In addition, CS MEDICA has successfully achieved trademark registration for CANNASEN® in Thailand, further solidifying its brand presence in the Asian

Form 8.3 - Anglogold Ashanti Plc

FORM 8.3   PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”)   1. KEY INFORMATION   +--------------------------------------------------------+---------------------+|(a) Full name of discloser: |Ninety One UK Ltd |+--------------------------------------------------------+---------------------+|(b) Owner or controller of interests and short positions|  ||disclosed, if different from 1(a):

Wärtsilä reports CO2 emission reductions equivalent to annual emissions of 17,000 cars with Fit4Power solution

Wärtsilä Corporation, News, 17 September 2024 at 12 noon EESTSince the first conversion in October 2022, technology group Wärtsilä has reported fuel savings of over 14,000 metric tonnes and CO2 emission reductions of over 45,000 metric tonnes – equivalent to the annual emissions of 17,000 cars – across ten vessels retrofitted with Wärtsilä’s unique Fit4Power solution . With decarbonisation high on the maritime agenda, retrofit technologies, such as Wärtsilä’s Fit4Power solution, have the potential to enable compliance with the rising tide of regulatory

SAS opens route to Seattle

To meet the growing demand for travel to the U.S., SAS is introducing a route to Seattle, offering five weekly direct flights from Copenhagen as part of its summer 2025 schedule. This marks a milestone, as SAS resumes service between the two cities 57 years after its inaugural flight.With Seattle added to the network, SAS will offer nonstop flights to 11 North American gateways, further enhancing its global connectivity from Copenhagen Airport, serving as a key international gateway to and from Scandinavia and Northern Europe. “We are excited to expand our North American network with

GiG publishes investor presentation regarding the proposed distribution of GiG Platform

On 4 September 2024, Gaming Innovation Group Inc. (“GiG”) convened a special meeting of shareholders to resolve on the spin-off of GiG Platform as an independent company (the “Spin Off”). Today, an investor presentation has been published with further information on the proposed distribution and the business of GiG Platform. The investor presentation offers a synopsis of GiG Platform, provides the rationale for the Spin Off, presents the management team, tracks GiG Platform’s progress & financial performance and showcases the strategy of the business. For additional information, please

Torrey Pines Investment and Innovestor’s Life Science Fund Launch Polku Therapeutics

Helsinki, Finland, August 29, 2024 -- Torrey Pines Investment, a specialty life-science investment company based in San Diego, CA, and Innovestor’s Life Science Fund, a Nordic-focused venture capital fund investing in early-stage biotech and digital health companies, together with Helsinki University Funds, announced the pre-seed funding and launch of Polku Therapeutics Oy. Polku Therapeutics, a Helsinki-based innovative startup, will focus on the development of novel drug treatments for neurodegenerative disorders. The experienced team of serial entrepreneurs and specialist investors

Zeqmelit® Launched in Norway and Finland

AcuCort's launch of Zeqmelit® is proceeding according to the previously communicated plan. At the beginning of September, the medication became available in Swedish pharmacies, and as of September 15, Zeqmelit® is also available in pharmacies in Norway and Finland.AcuCort had previously communicated that the launch of Zeqmelit® in Norway and Finland would occur shortly after the product's launch in Sweden. Zeqmelit® was launched in Sweden on September 2, and as of September 15, the medication is available in pharmacies in Norway and Finland. – The launch of Zeqmelit® is progressing as

Brain+ A/S announces that its board and management provide commitments to cover 13.7% of the warrants of series TO 4

Copenhagen, Denmark, 17 September 2024 – Brain+ A/S (Nasdaq First North: BRAINP) Brain+ A/S (“Brain+” or “the Company”) announces that members of its management and board of directors have provided commitments to exercise and guarantee warrants of series TO 4 to a combined amount of approximately DKK 0.7 million, covering 13.7% of the total number of warrants outstanding. The Company meets regularly with its major share and warrant holders to provide adequate information and updates with the aim of announcing further commitments. As earlier announced, the exercise price of the warrants of

Dicot Pharma provides an operational update

Uppsala, Sweden, September 17, 2024. Following the successful outcome of Dicot Pharma's rights issue, an operational update is being presented today. The company will continue to focus on the development of its potency drug candidate, with a phase 2a study set to commence soon. Additionally, the operational plan includes advancing R&D activities, a listing on Nasdaq First North, and initiating preclinical studies for new indications within metabolic diseases.Dicot Pharma's rights issue in August was oversubscribed, and an over-allotment option was exercised, resulting in a total of

Vermiculus launches its VeriTrade trading product, built on a microservice architecture with an ultra-low latency high performance matching engine, and extensive business functionality

Vermiculus’ new cutting-edge trading platform delivers matching with ultra-low deterministic latency, scalability, and 24/7 operations. Built on microservices, it seamlessly adapts to market demands and regulatory changes, ensuring top-tier performance.Stockholm, September 17, 2024. Vermiculus, a global provider of trading, clearing, and CSD technology, today announced the launch of its next-generation ultra-low latency trading platform, a generic system designed to support all instruments and asset classes while addressing the ever-evolving needs of today’s exchanges and marketplaces.

Saab delivers British Army’s next generation artillery hunting radars

Saab announces the successful delivery and acceptance of five next generation Arthur systems to the British Army, providing a Deep Find Weapon Locating Radar Capability for the future.As of 22nd July 2024, five next generation Arthur systems, named TAIPAN by the British Army, have been delivered, accepted, and are now with 5th Regiment Royal Artillery.  Replacing MAMBA – last generation Arthur radar – TAIPAN offers the British Army rapid deployment and re-deployment, high operational mobility, and precise counter-battery operations, locating an increased number of targets at greater

Vår Energi preparing for Johan Castberg start-up

Vår Energi is one step closer to reaching its growth target as the production vessel Johan Castberg successfully anchors at the field in the Barents Sea. The Equinor operated floating production and storage vessel (FPSO) Johan Castberg is securely anchored on the field, and preparations for production start-up in the fourth quarter 2024 are ongoing. CEO in Vår Energi, Nick Walker, said: “Vår Energi is one of the world’s fastest growing E&P’s, and a leading player in the Barents Sea. With Johan Castberg in place at the field we are firmly on track to achieving our production

Notification of managers’ and closely related parties’ transactions with Dampskibsselskabet NORDEN A/S’ shares in connection with share buy-back program

ANNOUNCEMENT NO. 205 – 17 SEPTEMBER 2024 Notification of managers’ and closely related parties’ transactions with Dampskibsselskabet NORDEN A/S’ shares in connection with share buy-back program   In connection with the announced share buy-back program in NORDEN, A/S Motortramp continuously sells shares pro rata and the market is to be informed accordingly – see the attached file and announcements nos. 171/24 and 173/24, respectively. Kind regards, Dampskibsselskabet NORDEN A/S   Martin Badsted CFO     For further information: Martin Badsted, Chief Financial

Nexam Chemical presents at Aktiedagarna in Stockholm

Aktiespararna conducts the Aktiedagen in Stockholm at the Birger Jarl Conference on Wednesday the 18[th] of September. Nexam Chemical will be presented by CEO Ronnie Törnqvist and CFO Marcus Nyberg at 12.10. The presentation will also be broadcast live via www.aktiespararna.se/tv/live and will also be available on the company's website afterwards.For those of you on site, there is an opportunity to meet Ronnie Törnqvist and Marcus Nyberg and ask questions. Note: This news has been translated from Swedish. The Swedish text shall govern for all purposes and prevail in case of any

NIB finances Å Energi’s grid investments in Southern Norway

The Nordic Investment Bank (NIB) and Å Energi AS have signed a 10-year loan to enhance and strengthen the distribution networks in the counties of Agder and Buskerud in Southern Norway, with Glitre Nett serving as the grid company within the Å Energi group.The NOK 1 billion (EUR 85 million) loan will help build new grid lines, transformer stations and refurbish existing ones in the counties of Agder and Buskerud, including Bjorbekk, Ramslandsvågen, Tollboden, Skollenborg, Spikkestad and Sundland. The investments will be made during 2024-2026. The 22 projects to be co­financed by NIB

Research collaboration within Neurodesign – Groundbreaking research to promote increased physical and mental health in our living environments

Kährs has since 2022 been a proud partner in a five-year research collaboration within the interdisciplinary field of Neurodesign, where Isabelle Sjövall is among the first in the world to obtain a doctorate. What happens in the brain in different room environments and how does different materials and floors affect us humans? How can the floor of a room promote healing, learning and creativity? These are some of the questions that Kährs hopes to find answers to.  Neurodesign investigates how the brain reacts and responds to built environments and how people are affected

Electrolux Group appoints new Head of Investor Relations & Sustainability Reporting

Electrolux Group has appointed Ann-Sofi Jönsson as Head of Investor Relations and Sustainability Reporting as from latest February 10, 2025.Ann-Sofi Jönsson is currently Head of Investor Relations, Group Risk Management and Sustainability at Munters Group AB, and has previously held similar positions within Saab, ABB AG, Accenture AG and Siemens Building Technologies. She will report to Therese Friberg, Chief Financial Officer of Electrolux Group.

Genova announces the expiration time for the tender offer

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Munters and ZutaCore form strategic alliance for data center cooling innovation

This strategic alliance enables a more sustainable value chain in data center cooling. ZutaCore is one of the leaders in direct-to-chip, waterless liquid cooling solutions for data centersMunters and ZutaCore, will integrate Munters SyCool systems with ZutaCore’s advanced 2-phase liquid cooling technology. The aim is to tackle the challenges of managing AI-generated heat more efficiently and sustainably. The result will be a system that optimizes performance, from chip level dissipation to all parts of the heat rejection cycle. It also eliminates the risks associated with potential water

SAS and BRA sign long-term partnership to strengthen domestic connectivity in Sweden

Scandinavian Airlines (SAS) and Braathens Regional Airways AB (BRA) are pleased to announce the signing of a long-term wet lease partnership aimed at securing reliable and efficient domestic air connectivity within Sweden.Under the terms of the wet lease agreement, BRA will operate several aircraft on behalf of SAS, providing capacity on key domestic routes in Sweden as well as feeding into the Copenhagen hub. The partnership will ensure SAS’s ability to meet domestic demand while optimizing operations and improving regional air services across the region, ensuring greater connectivity and

Addtech acquires PGS Tec GmbH

Addtech Process Technology, a business area in the Addtech Group, has today signed an agreement to acquire 85 % of the shares outstanding in PGS Tec GmbH (”PGS”). PGS designs, assemble and install customised water and gas supply systems to pharmaceutical, industrial and laboratory customers. The offering covers the entire spectrum of pipeline infrastructure, including valves, instrumentation and automation as well as service and maintenance. PGS has 15 employees and a turnover of approximately EUR 7 million and is headquartered in Wolpertswende, Germany. PGS will become part of and

UPM Specialty Papers and Unipaco create heat-sealable salad pot wrapper, using paper + PE to replace traditional plastic packaging

(UPM, Helsinki, 17 September 2024 at 10:00 EEST) – UPM Specialty Papers continues to work with partners across the food packaging value network, co-creating innovative products that help to shape the future of sustainable packaging. A recent project undertaken with Unipaco S.A., a Polish converter in flexible packaging materials, has now resulted in a recyclable, heat sealable salad and herb pot wrapper that guarantees product safety. The structure also meets strict German 95/5 mono-material requirements, with single-component materials accounting for 95% of the packaging mass.

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