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Water repellent WISA-SpruceWR facilitates construction in varying humidity conditions

UPM's WISA-SpruceWR [The water repellent Surface of WISA-SpruceWR slows doen the absorption of moisture into the panel.] The water repellent Surface of WISA-SpruceWR slows doen the absorption of moisture into the panel. Water repellent WISA-SpruceWR facilitates construction in varying humidity conditions (UPM, Helsinki, 9 June 2020 at 11:00 EET) – UPM Plywood introduces a new water repellent WISA-SpruceWR plywood that enables efficient and effortless construction even in changing weather and humidity conditions. The water repellent yet breathable surface of WISA-SpruceWR slows

Heimstaden acquires real estate in Eskilstuna from Kommunfastigheter

"We are pleased and proud to announce the acquisition of a school property and 559 homes in Eskilstuna from municipal real estate company, Eskilstuna Kommunfastigheter AB. We have been very interested in establishing ourselves in Eskilstuna for a long period of time. It is one the most interesting municipalities in its area, with strong growth, which we look forward to contributing to going forward", says Kent Persson, Head of Public Affairs at Heimstaden.Based on the ownership directive for 2020, a decision was made in October 2019 by Eskilstuna Kommunfastigheter to sell the apartments and

Heimstaden acquires real estate in Eskilstuna from Kommunfastigheter

"We are pleased and proud to announce the acquisition of a school property and 559 homes in Eskilstuna from municipal real estate company, Eskilstuna Kommunfastigheter AB. We have been very interested in establishing ourselves in Eskilstuna for a long period of time. It is one the most interesting municipalities in its area, with strong growth, which we look forward to contributing to going forward", says Kent Persson, Head of Public Affairs at Heimstaden.BaBased on the ownership directive for 2020, a decision was made in October 2019 by Eskilstuna Kommunfastigheter to sell the apartments

Researchers put a price tag on alcohol use

Alcohol use disorders are associated with high social welfare and health care costs – but what causes them? A new Finnish study looks at the magnitude and reasons behind the economic burden alcohol use disorders have on society. Earlier studies have shown that alcohol use disorders lead to various health and social problems, which cause an increase in the need and use of various services. However, the magnitude and distribution of the related costs have not been studied before. Researchers at the University of Eastern Finland used a machine learning technique that is based on a

Clavister Appoints David Nordström as CFO

Örnsköldsvik, Sweden, June 9, 2020. Clavister, a leader in high-performance cybersecurity solutions, welcomes David Nordström as CFO to the company. Nordström is currently an authorized auditor having been with PwC in Stockholm since 2011. As main auditor for some ninety companies, Nordström has also been in charge of larger auditing projects towards publicly listed clients. Nordström will commence his new role at Clavister on October 1 when he joins the group management team at Clavister's headquarters in Örnsköldsvik. "I am delighted that David is joining Clavister and I’m convinced

Gula Skrinet AB to acquire Caterpillar Propulsion AB

Gula Skrinet AB has reached an agreement with Caterpillar Luxembourg Sarl to acquire Caterpillar Propulsion AB and its subsidiaries.  The sale is expected to close on June 30, 2020.  Caterpillar Propulsion AB, formerly Berg Propulsion AB, is a leading manufacturer of mechanically and electrically driven propulsion systems and marine controls for ships.The proposed acquisition includes Caterpillar Propulsion AB and its subsidiaries, including Caterpillar Propulsion Production AB, as well as Caterpillar Propulsion Pte. Ltd, its subsidiary Caterpillar Propulsion International Trading (Shanghai)

Fortum and Uniper Sweden sign an agreement on a dismantling project at Oskarshamn and Barsebäck nuclear power plants in Sweden

FORTUM CORPORATION PRESS RELEASE 9.6.2020 Fortum and Uniper Sweden have signed an agreement on a dismantling project at Oskarshamn and Barsebäck nuclear power plants in Sweden. Fortum was awarded the agreement in a competitive bidding process. Uniper is performing large scale decommissioning of four nuclear units in one common programme. The now awarded dismantling project includes dismantling of the turbine auxiliary systems, feed water systems and moisture separator reheaters. The work will be carried out at two power plants and altogether four units in Sweden: Oskarshamn units 1

New mobile app from SKF simplifies bearing mounting

A new mobile tool - SKF Bearing Assist app, simplifies the process of mounting and installing bearings and can be used by everyone in a maintenance organisationGothenburg, 09 June 2020: SKF has developed a new mobile app that simplifies the task of mounting and replacing bearings. SKF Bearing Assist app, developed together with customers, provides detailed mounting instructions for a comprehensive range of SKF bearings. It is suitable for use by all engineering and maintenance teams and will minimise the problems of incorrect mounting, reducing installation time and cost, and helping to

Lundbeck plans to refocus and reinvigorate Research & Development

As part of its Expand and Invest to Grow-strategy, Lundbeck plans to make changes to its organization in Research & Development (R&D). The initiative could lead to a reduction of around 130-160 positions (subject to consultation).H. Lundbeck A/S (Lundbeck) plans to optimize its R&D-organization to enhance the company’s ability to strengthen and advance its pipeline across all phases in an evolving neuroscience landscape. The plan follows Lundbeck’s Expand and Invest to Grow-strategy of expanding the company’s operating space and rebuilding its pipeline of potential new medicines to treat

Successful First Surface Ship and Submarine Firings of Saab Lightweight Torpedo

Saab has together with the Swedish Defence Materiel Administration (FMV) and Swedish Armed Forces conducted the first tests with the Saab Lightweight Torpedo (SLWT) from a corvette and a submarine.The tests are the first of its kind for the new torpedo and were undertaken during February and March 2020 at sea ranges outside Karlskrona, on Sweden’s east coast in the Baltic Sea. The tests were conducted from a Gotland-class submarine and from a Visby-class corvette. The purpose of the firings was to verify that the torpedo can be safely launched from the vessels, which also included

Covid-19 has resulted in a decline in financial wellbeing - rising bills and debt are increasing concerns

Today, Intrum publishes a whitepaper that outlines the financial impact of Covid-19 on private households across 24 European countries. The whitepaper provides an initial follow-up on the trends in increased economic pressure and decreased financial wellbeing reported in Intrum’s European Consumer Payment Report 2019*.The key findings from the whitepaper display additional financial challenges faced by private households in Europe. As expected, a general increase in financial stress is reported. However, one in three respondents say that the pandemic is having a positive effect on their

New report with 33 expert tips on circular IT management

The new report from TCO Development, the organization behind the global leading sustainability certification for IT products TCO Certified, explains how everyone who buys and uses IT products can implement circular and more sustainable practices. “Circular solutions are already available. We now need to use them,” says Clare Hobby, Global Purchaser Engagement Director at TCO Development.The report, Impacts and Insights: Circular IT Management in Practice , sets out how the circular economy helps solve many of the most pressing

UPM Raflatac unveils Rêverie 2 collection for high-end wine, spirits, and craft beverage labeling

(UPM Raflatac, Helsinki, 9 June 2020 at 10:00 EET) – UPM Raflatac announces the release of Rêverie 2, a new premium collection of unique, high-end labeling materials for wines, spirits, and craft beverages developed in response to the latest market trends and demands. The collection has been created in collaboration with UPM Raflatac’s partners to meet their expectations, and it enables innovative printing techniques and finishes. The collection includes a variety of FSC-certified materials (FSC-C012530) from sustainably managed forests as well as materials made from 100%

Restructuring implementation agreement - Update

Reference is made to the stock exchange notice May 29[th], 2020 where Solstad Offshore ASA ("SOFF") informed that credit committee approvals have been provided by a vast majority of the secured lenders participating in the restructuring of SOFF and its subsidiaries, and that remaining relevant secured lenders were expected to provide approvals within 5-10 days. SOFF is pleased to advise that the outstanding credit committee approvals from the relevant secured lenders have been granted, which means that the Restructuring Implementation Agreement which was entered into and announced on May

Scandion Oncology announces that the Clinical Trial Application for a pancreatic cancer study with chemotherapy and SCO-101 has been submitted to the Danish Medicines Agency and the Ethical Committee.

Scandion Oncology A/S (“Scandion Oncology”) is pleased to announce that a Clinical Trial Application (CTA) has been submitted to the Danish Medicines Agency and the Ethical Committee. A response is expected within 60 days.Pancreatic cancer is one of the most aggressive cancer forms with almost 75% of patients presenting with chemotherapy resistant disease. Due to this resistance, very few pancreatic cancer patients will be long-term survivors.  A drug that reverses chemotherapy resistance in pancreatic cancer and other cancer forms will obviously have a significant commercial potential.

SBB sells public office buildings for SEK 1,160m

Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) sells a large public office buildings portfolio to Offentliga Hus AB for SEK 1,160m. The properties included in the transaction comprise a total of approx. 55,300 sq.m. distributed among nine properties in Halmstad (seven properties) and Borås (two properties). The rental income amounts to approximately SEK 73 million. The portfolio comprises the properties Uranus 2 and Vulkanus 15 in Borås, together with Halmstad 6:48, Koljan 9, Rudan 5, Sankt Nikolaus 19, Slottet 4, Svartmunken 1 and Österskans 2 in Halmstad. The total agreed property

Cereno Scientific enters collaboration with University of Michigan

Cereno Scientific today announced that the company enters a collaboration agreement with the University of Michigan in Ann Arbor, USA. On behalf of Cereno Scientific, Dr. Michael Holinstat, who is active at the University, is to initiate preclinical studies with compounds from Cereno’s HDACi development program. The studies will begin in June and investigate anti-thrombotic properties using in vitro and in vivo model systems.“We welcome the collaboration with the University of Michigan and Mike Holinstat and are pleased that we are now further strengthening our preclinical expertise and

NextCell's phase II study is completed – a phase III is being prepared

NextCell Pharma AB ("NextCell") announces that the last patient now has left ProTrans-2, meaning the phase II trial with the drug candidate ProTrans for treatment of type 1 diabetes, is completed according to plan. Data will be compiled and analyzed by independent statistician to be presented during the third quarter.“NextCell is now preparing a phase III trial in order to reach the market as soon as possible, in case of a positive result of the phase II study”, says Mathias Svahn, CEO. NextCell's drug candidate, ProTrans ™, developed for the treatment of type 1 diabetes, has, in

MANDATORY NOTIFICATION OF TRADE - OPTIONS

Reference is made to the announcement on 5 April, 2017, in which Hexagon Composites ASA (the "Company") announced the grant of 1,640,000 share options to employees under its employee share option program, each at a strike price of NOK 27 per share. Of the 1,640,000 options, 1,175,000 options were granted to senior executives and managers listed as primary insiders. The options may be exercised in part or in full within three weeks following the official announcement of the financial results for the fourth quarter of 2019, first quarter of 2020 and second quarter of 2020. Pursuant to

New Regional Manager at Catena

Catena’s property operations are organised into five regions, safeguarding their proximity to customers and local players. Jonas Arvidsson has now been appointed as the new Regional Manager for the Gothenburg and Jönköping regions.9 June 2020, 8:30 a.m. CET   Jonas Arvidsson will take over as Catena’s new Regional Manager, responsible for the Gothenburg and Jönköping regions, on 3 September 2020. Jonas joins Catena from DHL Nordic where he was regional manager for logistics properties and responsible for analysis and development of existing properties, as well as for projects and new

Infor and Elvenite Expand Cooperation in Nordic Food Industry

Swedish alliance partner to implement Infor CloudSuite Food & Beverage based on 11 years of experience with InforSTOCKHOLM, Sweden — 09 June 2020 — Infor, a global leader in business cloud software specialized by industry,today announced it has deepened its collaboration with alliance partner Elvenite. Elvenite will deliver a combination of modern technology and successful, reliable implementations for food producers and the grocery trade in the Nordics based around Infor CloudSuite Food & Beverage.  “The collaboration with

Heléne Mellquist new President Volvo Penta and member of Volvo Group management

Heléne Mellquist has been appointed as President Volvo Penta and new member of Volvo Group Management. She will replace Björn Ingemanson, who after a long and successful career will retire.Heléne Mellquist, born in 1964, currently holds the position as President for the European Division at Volvo Trucks. Her career at the Volvo Group began in 1988 and she has held many senior positions at the company. She has also held the position as CEO at TransAtlantic 2012-2015. Heléne Mellquist will join Volvo Penta  on July 1st, 2020 and take up her new position on

Alta Kraftlag in Norway chooses an IT solution from Rejlers

The Norwegian company Alta Kraftlag has entered into an agreement with Rejlers on the introduction of Quant Insight, a market-leading platform for the analysis of IoT data and measurement data for energy companies. With Quant Insight, Alta Kraftlag gains a tool that reduces the turnaround time for handling network failures, provides proactive maintenance analytics, and helps the company to make more accurate decisions about future investments.Quant Insight is an advanced platform for analysing the customer's own data from the distribution network. These data may include information from

Flexion signs Tabou Stories from Nanobit

Tabou Stories is the 3rd game from Nanobit launched by FlexionLONDON, 9th of June, 2020 – Flexion Mobile Plc (Nasdaq: FLEXM), the Android games distribution company today announced that it has signed Tabou Stories: Love Episodes from Nanobit. This will be the 3rd and biggest title that Flexion distributes from Nanobit and is a great vote of confidence in the company. Nanobit is one of the leading developers of Interactive story based games, a genre that has become very popular. Tabou Stories was launched in February and has rapidly grown its user base and revenues. According to data analyst

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