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Parents indebted due to social pressure to spend more on children

The new European Consumer Payment Report from Intrum shows that parents are vulnerable to social pressure, forcing them to spend more money on their children than they can afford. Every third parent in Europe has experienced social pressure during the past year to buy something for their children that they feel they couldn’t afford. Most of them (87 %) have also acted on it and bought something due to that social pressure. This translates into 28 per cent of all parents, or roughly every fourth parent.Intrum, the market leading credit management services company, has presented a new

13 new design wins, referring to all car models on a new platform

Smart Eye has, together with a leading Tier 1-supplier, been selected as a supplier of second-generation’s eye-tracking to a European premium vehicle manufacturer. This is the first time ever that eye-tracking software is being procured for all car models of a production platform at the same time. That's why the number of design wins becomes so high, 13.In total, Smart Eye has now received 16 design wins, of which 14 in 2017. The launching plan for the now procured car models will start in mid-2019 and thereafter run according to the car manufacturers regular launch plan. This completed

Genel Energy plc Announces Update on Taq Taq PSC

4 December 2017 Genel Energy plc ('Genel' or 'the Company') is pleased to announce an update on activity at the Taq Taq field (Genel 44% working interest). The TT-29w well, which was drilled to appraise the northern flank of the Taq Taq field, has been completed as a producer after successfully encountering oil bearing Cretaceous reservoirs. The well, which was drilled to a measured depth of 3,100 metres, encountered good quality oil bearing Cretaceous Shiranish and Kometan reservoirs. Six zones were subsequently tested over a 20 day period, with test rates of up to 6,400 bpd (40/

Herantis Pharma Plc's financial reporting schedule and annual general meeting in 2018

Herantis Pharma Plc's financial reporting schedule and annual general meeting in 2018 Herantis Pharma Plc.Company release 4 December 2017 at 9:00 am Herantis Pharma Plc ("Herantis") will publish its Financial Statements in regard to 2017 on the 2[nd] of March 2018 (previously announced: 28[th] of February 2018). The financial reporting schedule of Herantis in 2018 is as follows: · Financial Statements bulletin in regard to 2017 on Friday the 2[nd] of March 2018 · Interim Report on January-June 2018 on Wednesday the 29[th] of August 2018 The Annual General Meeting is

Congratulations to 100-year-old Finland — more life to the yards

YIT Corporation Press Release December 4, 2017 at 08:30 a.m.In Finland’s centenary year, in collaboration with Finns, YIT has been developing a new yard area of the future, doing small good deeds in order to make yards more appealing. We will also renovate one yard area of the future for public use. In Finland’s centenary year, we wish to bring more life to sustainable cities and make yards an environment where everyone feels more at ease. Good planning and construction can assist the creation and development of comfortable, safe neighbourhoods. Functional surroundings, hassle-free

Cleantech invest portfolio company Nocart receives 14MUSD order for 10MW solar power plant in Kenya

Cleantech Invest Oyj Company release 04.12.2017, 08:30 (EEST) Nocart has signed a purchase agreement for the delivery of a 10MW grid-feed solar plant to an independent power producing company (IPP) in Kenya. The project is scheduled to start immediately and first deliveries by Nocart are estimated at 6 months after down payment. The value of the deal is 14MUSD to Nocart. Cleantech Invest (under name change to Loudspring) owns 19.3% of Nocart.  “Rural electrification in Africa continues to grow and with Nocart on the ground in several African countries they are now playing a

Disclosure of Voting rights at EGM December 18, 2017

In connection with the extraordinary general meeting (the “EGM”) of Opera Software ASA (the “Company”) to be held on  December 18, 2017 , the chairman of the board Audun W. Iversen has received proxies with no voting instructions for 12,593,730 shares, representing 8.43% of the total number of shares in the Company. The proxies are valid only for the EGM. In addition, Audun Iversen himself holds 50,000 shares in the company through Naben AS, 100% owned by Iversen.  Petter Lade, CFO Phone: +47 91143878  E-mail: petterl@opera.com About Opera: Opera holds shares in several

Folksam sells its shares in Alka

Folksam Sak has signed an agreement to sell its 10.08 per cent stake in the non-life insurance company, Alka Forsikring ("Alka"). The sale is completed together with the company's other owners and the total price amounts to 8.2 billion Danish kroner."This is a fantastic deal for our non-life insurance customers. In addition to the financial earnings, Folksam Sak has had a co-operation with Alka in decades”, says Jesper Andersson, Folksam Group’s CFO. For Folksam Sak, the sale generates a capital gain of approximately SEK 700 million before tax and appropriations. The capital gain will

Exiting times for NattoPharma – Capital Markets Day on 5th of December

A split of the Company, highlighting both the major progress within the pharma business and the fantastic sales within the supplement business, will make the underlying value of the company more visible and thus create more shareholder value.  "We are very happy to finalize the spin-off of the pharma company and believe in a success for PharmaCo, based on the strong data accumulated over years of investments in research and clinical studies," says Chairman Frode Bohan.  "Sales of our supplement business continue to reach new, and record, levels, and the pharma business is progressing

Investment fund sector adopts self-regulation standard for sustainability information

The Board of the Swedish Investment Fund Association has adopted a new standard for funds’ sustainability information. Compliance with the new standard, which meets the statutory sustainability information requirements that will come into force in the new year and makes it easy for fund savers to evaluate and compare funds’ sustainability work, is mandatory for all of the industry association’s members. New legislation will come into force on 1 January 2018 mandating the inclusion of sustainability information in funds’ full prospectus and annual reports. The legislative requirement

Lundbeck’s Brintellix approved in China

H. Lundbeck A/S (Lundbeck) will now further enhance its leading position within treatments for Major Depressive Disorder (depression) in China as its newest anti-depressant Brintellix (vortioxetine) has just been approved by the China Food and Drug Administration.Already today Lundbeck is the market leader in the anti-depressant market in China as approximately 26% of all medicines prescribed for treating depression in China are invented by Lundbeck. The expected launch of Brintellix in Q2 2018 will enable Lundbeck to make an even bigger difference for the many patients and caregivers

Automation of factorylogistics for European SMEs takes a digital leap

VTT to lead a EUR 8.8 million initiativeLaunched in October 2017, the L4MS (Logistics for Manufacturing SMEs) initiative supported by the European Commission will accelerate the automation of intra-factory logistics of SMEs. L4MS will completely digitalize logistics automation in factories. This will allow automation suppliers to develop and deploy logistics solutions 10 times faster and cheaper than the current price. L4MS opens the door for SMEs to utilize robotics and other advance technologies such as artificial intelligence and virtualization. In a typical factory, the transport of

Flexenclosure and Virtutel partner to build up to 20 edge data centres across Australia

4th December 2017 – Stockholm, Sweden and Melbourne, Australia Swedish designer and manufacturer of prefabricated data centre buildings Flexenclosure  has entered in to a strategic partnership with Australian telecommunications provider Virtutel , with the intent to build up to 20 data centres across Australia.  The new facilities will be rolled out over the next three years in order to offer colocation and network services in presently underserved areas.Virtutel through its subsidiary VirtuDC, will deploy the first of these

Intrum establishing a market leading position in Italy

Intrum has entered into an agreement to acquire CAF S.p.A (CAF), the third largest servicer of non-performing loans in Italy In addition, Intrum has acquired a large, diversified debt portfolio serviced by CAF.The seller of CAF and of the debt portfolio serviced by CAF are affiliates of Lone Star Funds, a global private equity firm. The total purchase price on a cash and debt free basis for CAF and the debt portfolio is about EUR 200 million. “By acquiring CAF and the debt portfolio serviced by CAF, Intrum becomes one of the market leaders in the important Italian market, where we see

Nel ASA: Rejects PDC compressor claim

(Oslo, 2 December 2017) Nel ASA’s Danish subsidiary company, Nel Hydrogen A/S (Nel) has received a writ of summons from one of its American suppliers, PDC Machines, Inc. (PDC) regarding alleged misappropriations of compressor trade secrets. After a thorough investigation of PDC’s claims, with the assistance of external experts, Nel Hydrogen A/S strongly rejects the allegations. PDC claims that Nel has misappropriated PDC’s trade secrets by filing the international patent application no. WO2016/184468, titled “Diaphragm Compressor with an Oblong Shaped Chamber” on 12 May 2016 and

Höegh LNG : Closing of the transfer of the remaining 49% interest in Höegh Grace to Höegh LNG Partners LP

Hamilton, Bermuda, 2 December 2017 - Höegh LNG Holdings Ltd. today announced that on 1 December 2017 the closing of the transfer of the remaining 49% ownership interest in Höegh LNG Colombia Holding Ltd., the sole owner of the entities that own and operate Höegh Grace, to Höegh LNG Partners LP. Please refer to the stock exchange notice of 16 November 2017 for the original announcement of the transaction. * * * About Höegh LNG: Höegh LNG provides floating energy solutions and operates world-wide with a leading position as owner and operator of floating LNG import terminals;

California Hotel & Lodging Association Announces 2018 Board of Directors

Napa, California – The California Hotel & Lodging Association (CH&LA) elected its 2018 Board of Directors at its annual meeting this past Friday, December 1, 2017 at the Westin Verasa in Napa, CA. The 2018 chair will be Scott VandenBerg of the Hyatt Regency Sacramento. In addition, the elected officers for the 2018 Board of Directors were announced as Michael Pace, Clift Hotel (Vice Chair); Bijal Patel, Coast Redwood Hospitality (Secretary/Treasurer); and Elvin Lai, Ocean Park Inn (Immediate Past Chair).  Other members of the Executive Committee include René Boskoff, Monterey Marriott (

Henrik Blomquist leaves the board of directors of Lauritz.com Group A/S

Henrik Blomquist has decided to resign from the board of directors of Lauritz.com Group A/S, effective immediately. "I and two other board members have different views on how the company should be governed and managed, which caused us to make a decision today to leave the board effective immediately," says Henrik Blomquist, CEO of Bure Equity AB.  Bure Equity AB (publ)  For more information contact: Henrik Blomquist, CEOTel. +46 (0)8-614 00 20  The information contained herein is subject to the disclosure requirements of Bure Equity AB (publ) under the Swedish

DDM has successfully placed EUR 50 million of senior secured bonds

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, THE REPUBLIC OF CYPRUS, HONG KONG, THE REPUBLIC OF ITALY, JAPAN, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, THE UNITED KINGDOM, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES.DDM Holding AG (First North: DDM) announces that one of its wholly owned indirect subsidiaries, DDM Debt AB (publ), has successfully placed EUR 50 million of senior secured bonds in the Nordic

DDM Debt has successfully placed EUR 50 million of senior secured bonds

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, THE REPUBLIC OF CYPRUS, HONG KONG, THE REPUBLIC OF ITALY, JAPAN, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, THE UNITED KINGDOM, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES.DDM Debt AB (Nasdaq Stockholm: DDM2) announces that it has successfully placed EUR 50 million of senior secured bonds in the Nordic market, continuing to significantly lower its cost of funding.

Ocean Yield announces investment in three Suezmax tankers with long term charters

Ocean Yield ASA (“Ocean Yield” or the “Company”) is pleased to announce that the Company has agreed to acquire three suezmax crude tankers with 10-year bareboat charters to Nordic American Tankers Limited (“NAT”). The net purchase price is USD 43.2 million per vessel after seller’s credit. The net purchase price constitutes 77.5% of the gross purchase price, which is equal to the yard contract price. The vessels are scheduled for delivery by the yard, Samsung Heavy Industries, South Korea, in June, August and October 2018. NAT will have options to acquire the vessels after year 5 and 7

Atea Denmark signs contract with SKI (Staten og Kommunernes Indkøbs Service A/S)

Atea Denmark has been notified that it has won a frame agreement with SKI (Staten og Kommunernes Indkøbs Service A/S) for the delivery of video and audiovisual equipment and related services. The frame agreement runs for 2 years starting from January 1, 2018 and with an option for renewal of additional 1+1 year, total of four years. The contract has an estimated total value of minimum MDKK 600.There are three suppliers on this frame agreement. Parts of this agreement will replace a previous agreement in which Atea was a supplier. SKI is a central purchasing organization which conducts

Exercise of warrants in Byggmax Group AB (publ)

Employees of the Byggmax Group have subscribed for shares in Byggmax Group AB (publ) (the “Company”) under the framework of the incentive program established in May 2013 (W2 2013/2017), for which the subscription period for shares was open from May 30, 2017 until November 30, 2017.In May 2013, the Company adopted an incentive program comprising an assignment of warrants to key individuals in the Byggmax Group. Furthermore, the warrants were issued free of any consideration to the wholly owned subsidiary Byggmax AB to later, in turn, be assigned to the participants in the incentive program.

Request for conversion into shares

Net Gaming has received notifications of requests for conversion into 3,888,888 new shares, corresponding to SEK 17,500,000 in loans.The request comes from Chairman of the Board and majority shareholder Henrik Kvick through his own investment company. - Net Gaming further strengthens its balance sheet and we continue to reduce our interest expenses. We have a clear growth plan for 2018 with solid organic growth while we want to add on more qualitative additional acquisitions. Net Gaming wants to be involved in consolidating the market with the goal of taking the lead position of high

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