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Indutrade completes acquisition of Italprotec

Indutrade has today completed the acquisition of the Italian company Italprotec Industries S.r.l., italprotec.com , following the announcement of the acquisition on 25 October 2021.Italprotec is a manufacturer and technical trader of engineered industrial products for handling of critical fluids. The offering includes hoses, connectors, single-use assemblies, valves, fittings, and heat exchangers. The products ensure purity, corrosion resistance, and protection in sterile environments. Customers are mainly found on the Italian market within industries such as

Interim Report July–September 2021: LKAB’s results send a clear message of strength for the future

LKAB continues to deliver operating profit at a historically high level despite the iron ore price waning somewhat. Operating cash flow was the highest ever for a single quarter, putting us in a stronger position from which to lead the transition of the iron and steel industry towards a sustainable future.Net sales for the third quarter amounted to MSEK 12,744 (9,333). Operating profit increased by more than 160 percent compared with the same quarter last year and amounted to MSEK 7,769 (2,955). Operating cash flow was strengthened by 350 percent and amounted to MSEK 7,430 (1,651), mainly

Rikshem’s interim report January–September 2021: Stable development and reduced costs

Rental income was MSEK 2,276, unchanged from the same period last year because of property sales in 2020 and 2021. Net operating income was up 1.0 percent to MSEK 1,359. Income from property management increased by MSEK 228 or 24.2 percent to MSEK 1,170 (942). The improvement can mainly be attributed to an increase in the value of properties in joint ventures.“Rikshem continues its stable, long-term development, and can demonstrate increased net operating income and reduced costs for the period, linked partly to less emergency maintenance. The strong value creation, leading to increased

SSC and Bradford ECAPS sign MoU regarding commercial orbital debris removal services

Swedish Space Corporation (SSC) and Bradford Space / ECAPS, a leading manufacturer of non-toxic propulsion systems, have signed an MoU for the collaborative offering of orbital debris removal services. Starting in 2024, SSC and Bradford Space will offer orbital debris removal as a commercial service from Esrange Space Center in northern Sweden, mainland Europe. The agreement was signed today at the IAC 2021 in Dubai. The new services will address the issue of common orbits becoming increasingly congested as more actors are accessing space, creating a hazard to other spacecraft using

ABS My Digital Fleet™ Expands Maritime IoT Capabilities with the PI System from AVEVA

ABS and AVEVA Join Forces to Unlock Real-time Digitalization and Decarbonization Insights for Shipping Industry(HOUSTON) Shipbuilders, owners and operators can drive improved operational performance and meet critical sustainability goals, powered by a new strategic alliance between ABS , a leading global provider of classification and technical advisory services to the marine and offshore industries, and AVEVA , a global leader in industrial software, driving digital transformation and sustainability. The ABS My Digital Fleet™ (

Getinge’s HL 40 heart-lung machine performed flawlessly during a complex first procedure at el Hospital Universitario de Cruces

In September, the first live case was performed using Getinge’s new HL 40 heart-lung machine at el Hospital Universitario de Cruces in Baracaldo (Vizcaya) Spain. The patient had multiple cardiovascular conditions, including aortic dilation, mitral insufficiency, and obstructive cardiomyopathy. Almost five hours of perfusion time was needed, and no issues were reported during the procedure. Heart-lung machines control circulation, bypassing the heart and lungs during certain types of surgery. Under the supervision of a perfusionist, the heart-lung machine maintains consistent blood

Bulletin from LEAX Group’s extraordinary general meeting on 27 October 2021

Today, LEAX Group AB (the “Company”) held an extraordinary general meeting. The extraordinary general meeting resolved to amend the Company’s articles of association whereby, inter alia, a central securities depository clause is included in the articles of association, the provision regarding the shareholders’ pre-emptive rights is removed from the articles of association and adjustments are made to the provisions in the articles of association regarding the number of board members and deputies as well as notice to general meetings. The extraordinary general meeting further resolved to

Rottneros announces price hike for High Yield Pulp

Rottneros announces price hike of 75 USD/ton for all new orders effective 1st of November 2021. The increase is implemented on all High Yield Pulp grades and for all destinations.The increase reflects rapidly increasing input costs for energy and particularly electricity as well increases for chemicals and transportation. Rottneros is a supplier of fibre for selected niches, speciality paper and board applications. Rottneros offers a wide selection of High Yield and Kraft Pulp (bleached and unbleached) made from sustainably managed Nordic soft wood forests.Kasper SkuthällaSales and

Bone mineral density decreases less than expected after menopause

Bone mineral density at the femoral neck bone in postmenopausal women decreased by an average of 10% during a 25-year follow-up, according to a new study from the University of Eastern Finland. Being the world’s hitherto longest follow-up of changes in bone mineral density in postmenopausal women, the study shows that bone loss after menopause is significantly lower than has previously been assumed on the basis of earlier studies. Women with the highest bone mineral density at baseline had the highest bone loss percentage when compared to baseline.  The Kuopio Osteoporosis Risk Factor

KONE wins modernization order for San Francisco’s iconic Russ Building

KONE Corporation, press release, October 27, 2021 KONE, a global leader in the elevator and escalator industry, has won an order for the modernization of all elevators and the installation of KONE Office Flow solutions in San Francisco’s historic Russ Building. With this announcement the Russ Building becomes the largest elevator modernization project in KONE Americas history. Scheduled for completion in 2025, the project includes California’s first installations of KONE Office Flow.  Considered to be a San Francisco landmark, the building is located in the heart of San

Crown Energy confirms receipt of down-payment of USD 75 million

INSIDE INFORMATION: Crown Energy AB ("Crown Energy" or the "Company") is happy to inform the market that the first instalment of USD 75 million has been credited to the Company’s account today, as per the signed agreement of 20/10/21.On 20 October 2021 Crown Energy has entered into an agreement under which the purchaser has the right to acquire (or pre-empt any sale of) Crown Energy’s  up-stream oil and gas assets (except for operations in South Africa). Crown Energy announces today that the first instalment of USD 75 million has been credited to Company’s account. This corresponds to

New board members as 3D printing company Wematter prepares for international expansion

Swedish 3D printer manufacturer Wematter makes advanced industrial hardware and software available in a user-friendly, all-in-one solution. Two new Directors, Christer Ljungberg and Magnus Titus were added to the Board during the company’s AGM.Wematters’ 3D printing solution is poised for international expansion. Its hardware and software technology lowers the threshold for on-site use in customers' offices, thus creating new commercial opportunities. Christer Ljungberg and Magnus Titus will play a significant role in the company’s development. Their expertise and experience in the European

Meet Volvo prototype LX03: the intelligent future of construction

This fully autonomous, battery-electric prototype by Volvo Construction Equipment (Volvo CE) is the first real-world example of a self-learning concept wheel loader with the brains to make decisions, perform tasks, and interact with humans. It is also the first time ever a LEGO® Technic model has been turned into a real machine. While not commercially available, engineers expect that valuable insights from the LX03 will feed into applications for today and tomorrow.Inspired by a concept devised by Volvo CE and LEGO® Technic 

More Tikkurila products to receive EPDs – A total of 25 products now have the declaration

Tikkurila reached another step towards more sustainable and responsible production, as the third-party verifier’s approval for the second batch of Environmental Product Declarations (EPDs) came through. A total of 25 products have now received the declaration. New products with a declaration are Tikkurila, Beckers and Alcro wall and ceiling paints.An EPD is a voluntary, transparent, and well-established declaration to present transparent, comparable, and verified environmental information about the environmental impact of the life cycle of products or services. The EPD process is based on

Pihlajalinna Plc publishes Interim Report for January 1 –September 30, 2021 on Thursday, November 4, 2021

Pihlajalinna Plc                   Press Release                     27 October 2021 at 1.30 p.m. Pihlajalinna Plc publishes Interim Report for January 1–September 30, 2021 on Thursday, November 4, 2021 Interim Report Pihlajalinna Plc will publish the Interim Report for the period January 1–September 30, 2021 on Thursday, November 4, 2021 at 8.00 a.m. The release will be available on the company website investors.pihlajalinna.fi. Press and analyst meeting A meeting for analysts and the press, conducted in Finnish, will be held on Thursday, November 4, 2021 at 10.00 a.m. The

Elkem announces expansion to support demand growth for specialty silicones in EMEA and the Americas

Lyon, October 27, 2021 -- Elkem, a global leader in silicon-based advanced materials, today announces a strategic investment plan to unlock new specialty silicones supply for customers in Europe, the Middle East and Africa (EMEA) and the Americas. The company will invest around €36 million (NOK 350 million) to upgrade and debottleneck its silicone upstream plant in Roussillon, France.The board of directors has approved a 20,000 metric tons capacity expansion, bringing the effective silicone intermediates capacity from Elkem’s upstream plant in Roussillon, France to 100,000 metric tons per

AFRY signs agreement to acquire Trivalo AB

In line with its strategy to increase growth and be a leader in industrial digitalisation, AFRY is acquiring Trivalo AB to strengthen its digital offering within asset management.Trivalo focuses on data-driven asset management and has a proven methodology supported by their own digital toolbox, packaged services and training portfolio. Part of the services offered are third-party, market leading enterprise asset management systems, IBM Maximo and IFS. Analytic software and other third-party solutions are also included to support data-driven asset management client journeys. Trivalo will

SPINNOVA® materials used in the Icepeak Olympic collection

Sustainable textile material company Spinnova and outdoor clothing brand Icepeak have worked together to create unique touches to the Finnish athlete’s Olympic Team’s outfit for the XXIV Olympic Winter Games. The Finnish Olympic Team clothing is provided by Icepeak and it will include a bag made of sustainable SPINNOVA® materials.With the XXIV Olympic Winter Games drawing nearer, the Finnish Olympic Committee and Icepeak are revealing the official outfit of the Olympic Team. This year, the outfit includes an over-the-shoulder-bag that is made of sustainable and circular SPINNOVA® materials.

Länsförsäkringar Bank: January – September 2021

”Länsförsäkringar Bank continued to perform well and we reported strong earnings for the period. Total growth in the banking business was healthy and business volumes are increasing. Savings performed particularly well during the year although fund volumes were, to a certain extent, impacted by the more volatile market trend we saw in September. We can see clear signs that society is slowly starting to return to a more normal everyday life after the Public Health Agency of Sweden lifted most restrictions. During the pandemic, we at Länsförsäkringar Bank have focused intensely on supporting

Länsförsäkringar Hypotek: January – September 2021

"Länsförsäkringar Hypotek continued to perform positively and we can report strong operating profit for the period. Growth in lending volumes is continuing and we are still capturing larger shares of new mortgage lending compared with our market shares, largely thanks to the outstanding work performed locally by the regional insurance companies. Loss allowances remain at very low levels and we can state that credit quality has mostly been unaffected throughout the COVID-19 pandemic. High competition remains a feature of the mortgage market, with many players capturing larger shares of new

Appointments in Metsä Group's management

Metsä Group press release 27 October 2021 at 1.00 pmJuha Jumppanen has been appointed EVP, Metsä Forest as of November 1, 2021. Metsä Forest is responsible for Metsä Group’s wood sourcing and forest services. Jumppanen has worked at Metsä Forest in various positions related to wood sourcing and forest services since 2000. He will move to his new role from the position of SVP, Finnish Wood Trade and Forest Services. Jaakko Anttila has been appointed EVP, Metsä Wood as of January 1, 2022. Metsä Wood is responsible for Metsä Group's wood products business. Anttila has worked in Metsä Group'

Loomis AB to publish Interim report on November 3, 2021

Loomis AB will publish the Interim report January-September 2021 on Wednesday November 3, at 8:00 a.m. (CET).   8.00 a.m. (CET) - Report release The report will be sent as a press release from Cision (www.cision.se) and will automatically be published on www.loomis.com when released.   8:30 a.m. (CET) - Presentation slides available For presentation slides, go to www.loomis.com and choose “Financial presentation”.   9.00 a.m. (CET) – Telephone conference and audio cast Analysts and media are invited to participate in a telephone conference where Loomis President &

Interim report January – September 2021

Summary January – September 2021· Rental income increased 10 per cent to SEK 2,668 million (2,432). · Profit from property management increased 13 per cent to SEK 1,587 million (1,408). · Changes in the value of properties amounted to SEK 4,908 million (632) and changes in the value of financial instruments to SEK 139 million (-92).   · Profit after tax for the period increased to SEK 5,404 million (1,532). · The market value of investment properties was SEK 73,516 million (59,658). · During the period 35 properties (20) were acquired for SEK 3,218 million (1,477) and 4

Netflix’s data science tool Metaflow now has its first-ever graphic user interface developed by Finnish company Codemate

Netflix and Finnish creative tech company Codemate  have developed a graphic user interface for Metaflow. The development enables Netflix data scientists to run track numerous large data science projects simultaneously and increase the value of its data science practices to its customers. Netflix is now releasing Metaflow’s GUI as an open-source project, making it freely available for the data science community. Data scientists help Netflix address

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