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Building of Finland’s first quantum computer underway and on schedule at VTT

Press release 15 June 2021 Finland’s first quantum computer is progressing on schedule. Facilities in Otaniemi, Espoo are ready, first piece of equipment has arrived and installation is in full-swing in the new quantum computing laboratory.One year ago, in June 2020, VTT announced that the government of Finland had granted EUR 20.7 million for the building of Finland’s first quantum computer. In November, VTT announced that the quantum computer would be built as an innovation partnership between VTT and Finnish quantum start up IQM Quantum Computers. The project began in December. The

Loxam has placed orders for 10 Ironhand[®] 2.0 systems

Loxam has placed orders for 10 Ironhand® 2.0 systems at an order value of KSEK 642. The order is part of the continuing cooperation between Loxam and Bioservo to reduce strain injuries in French industries.[Ironhand 20 Glove]  For a long time, Loxam has offered its customers the latest technologies to help them streamline their processes and improve the working environment for their employees. For a couple of years now, Ironhand has been available for rent at a large number of rental locations in France. Initially, the system was mainly rented out to companies in the construction and

Monese Partners With Veriff To Provide Secure Digital Banking for European Consumers

London, June 15, 2021 -- Monese , a European mobile money app, and Veriff , a global identity verification provider are partnering to provide enhanced and secure digital banking services for consumers across Europe. With this partnership, Veriff is adding an extra layer of safety and security to the mobile money app.Launched in September 2015 as the UK’s first mobile app alternative to traditional banks, Monese provides truly modern portable banking services for mobile money accounts across 31 countries and in 14 languages. Through this

Special tire for special application – the Nokian Ground Kare Semi-Slick tire for backhoe loaders is tailormade for railway use

Nokian Heavy Tyres, Nokia, Finland, 15 June, 2021 – Railway use sets special demands for a backhoe loader tire. Half of the tire is on metal, which can cause uneven wear and shorten the tire life. Nokian Tyres has been perfecting a special tire for railway use for several years, and now the unique Nokian Ground King Semi-Slick tire variant solves many problems that were previously typical when using a backhoe loader on railroads.In 2019, Nokian Tyres released Nokian Ground Kare – an excellent all-round tire for wheeled excavators and backhoe loaders working on soft surfaces. At the same

PainDrainer starts collaboration with a major communication company to introduce wearables into the app

LUND, SWEDEN – PainDrainer AB, a start-up in Medicon Village, Lund has started a collaboration with an international company to introduce wearables into the app to further enhance the experience and efficacy for chronic pain patients. PainDrainer has developed a unique CE-certified app powered by artificial intelligence (AI) and has demonstrated clinical evidence in a study in the USA. The app demonstrated an ability to increase quality of life and reduce pain level.When living with pain, it can be challenging to plan day-to-day activities and still have energy left for other activities

Probi and Oriflame enter partnership for digestive probiotic concept launch

Two Swedish companies are teaming up in a partnership with focus on the Swedish heritage of innovation, natural ingredients and high-quality products. The probiotic supplier, Probi[®] and Oriflame have entered into agreement of a global launch of a probiotic supplement within general gut health. The product contains a scientifically proven probiotic strain with documented health effects and is a customer specific formulation, based on Probi’s concept called Probi Digestis[®]. Hrvoje Rein, Global Senior Brand Manager of Wellness by Oriflame says: “We are excited to be working with

Multi-currency wallet for football fans - EuroTrip 2021

Euro 2020 means matches in 11 countries where 7 different currencies are used. For a football supporter travelling to their team’s games means a tremendous logistical challenge and the need to convert currencies frequently. Conotoxia experts suggest how to avoid getting lost in exchange rates and which financial issues to keep in mind.In the times of a fading pandemic, sports fans can travel between host cities spread all over the Old Continent, and those travelling to Baku will even find themselves outside Europe - in Asia. Lots of sporting thrills, spectacular football arenas,

BoMill to participate in Italian-Swedish web summit on green transformation of the industry

Swedish Agtech company BoMill AB (publ) has been selected to participate in the event Italy-Sweden Web Summit: Towards a green transition of industry 2021-2030 on June 16 2021. Docking into a great interest for green industry solutions in Italy, BoMill will showcase the company’s high tech and sustainable grain quality sorting solution.The transformation of food production plant technology towards a sustainable and digitalized industry is one of the main challenges in the Italian agricultural industries today. Sponsored by the Swedish Ministry for Foreign Affairs and Business Sweden the web

Finland aims to become a pioneer in the digital economy by 2030: the Real-Time Economy project promotes digitalisation

Finland aims to be at the forefront of international digitalisation and enhance companies’ competitiveness with the help of the digital economy. To promote these goals, the Ministry of Economic Affairs and Employment of Finland (MEAE) has set up the Real-Time Economy project, which will run from 2021 to 2024. The project is coordinated by the Finnish Patent and Registration Office (PRH).The digital economy or real-time economy (RTE) is a system where all business transactions are based on digital, structured (machine-readable) information and processing. In a digital economy, all

EnginZyme awarded as Technology Pioneer 2021 by World Economic Forum

STOCKHOLM, 15 June 2021 – EnginZyme, enabling the future of sustainable chemical production, announces that the World Economic Forum has selected it as one of the 2021 Technology Pioneers. This prestigious recognition highlights the company’s innovations that address the challenges of the chemical industry in the 21st century.“We are extremely honoured to be acknowledged by such a globally respected organisation,” says Karim Engelmark Cassimjee, CEO and co-founder of EnginZyme.” Our team is committed to solving one of the fundamental challenges of our time – how to produce chemicals, foods,

Orthex Corporation has sold its snow toy business to Wiitta Oy - Sleds familiar to Finns will continue to be manufactured in Finland

Orthex Corporation, Press release, June 15, 2021 at 10.30 a.m. EEST Wiitta Oy continues Orthex's traditions by producing classic sleds and snow shovels in Finland. Orthex Corporation's net sales have grown strongly in recent years, with growth of 14.2% in 2020. Orthex's key goal in its growth strategy is to become Europe's leading brand in the Storage product category. Orthex focuses on the most important product categories and markets, and has decided to exit local snow toy manufacturing to make room for growth. Snow toys account for a small share of Orthex’s Home & Yard product

Eastnine wins award as European leader for its investment in sustainable buildings

Eastnine has been named a winner of the 2021 Regional Leadership Awards by the U.S. Green Building Council (USGBC) in the Europe category. Eastnine is one of several award winners, including organizations, projects and individuals worldwide, who create the next generation of sustainable, healthy, equitable and resilient buildings, cities and communities.USGBC refers to the fact that Eastnine owns two of the LEED properties that have received the highest number of points for operation and maintenance in Europe and is developing its portfolio with the aim of achieving climate neutrality in

Bio-Works signs distribution agreement with S. Amit Speciality Chemicals in Mumbai, India

Bio-Works Technologies AB  has signed a non-exclusive Distribution Agreement with S. Amit Speciality Chemicals Private Limited  to import, store, distribute, market, promote and sell products within India, Bangladesh, Nepal and Sri LankaBio-Works is strengthening its presence in India by engaging a long-established, leading, full-service Chemistry Solutions provider in India. S. Amit Speciality Chemicals Pvt. Ltd., is part of the S. Amit Group of Companies, headquartered in Mumbai and established 70 years ago. S. Amit is a full-service

Monese Partners With Veriff To Provide Secure Digital Banking for European Consumers

London, June 15, 2021 -- Monese , a European mobile money app, and Veriff , a global identity verification provider are partnering to provide enhanced and secure digital banking services for consumers across Europe. With this partnership, Veriff is adding an extra layer of safety and security to the mobile money app.Launched in September 2015 as the UK’s first mobile app alternative to traditional banks, Monese provides truly modern portable banking services for mobile money accounts across 31 countries and in 14 languages. Through this

Lindex takes circular step – launches second hand

As part of the fashion company’s circular transformation and sustainability promise to make a difference for future generations, Lindex launches second hand. By piloting a new circular business model, Lindex takes an important step in prolonging the lifetime of clothes together with its customers. ‘The climate will not wait and one of the most important things we need to do for our future is to save natural resources by prolonging the lifetime of products. Today, a lot of clothes spend the majority of its lifetime hanging in a closet without being used. At Lindex, we want to

New report helps IT buyers avoid greenwash and false claims

In complex product categories such as IT, social and environmental risks run high. TCO Development, the organization behind the sustainability certification for IT products TCO Certified, has launched the new report  ‘Navigating the Sustainable IT Revolution – The critical role of independent verification’. The report helps buyers worldwide accurately verify social and environmental aspects of their purchases.“The millions of workers in the supply chain often face poverty wages, dangerous and unsafe working conditions, and stand without social protections. This has clearly been identified

Impressive growth rate at DanCann Pharma A/S

COPENHAGEN, Denmark, 15 June 2021 - DanCann Pharma A/S (SS: DANCAN) (“DanCann Pharma” or the “Company”) hereby announce, that the development of the mother plant genetics in BIOTECH-PHARM1, the production facilities inaugurated in April, exceeds the Company’s expectations.In April, the Danish pharmaceutical manufacturer inaugurated its new production facilities BIOTECH-PHARM1 in Ansager and there is already plenty of activity in the Company's unique cultivation environment. The growth rate of the cannabis plants is high, while the consumption of fertilizers and nutrients is surprisingly low.

NENT Group’s hit Viaplay Original ‘Honour’ returns for new season

· Female-led series explores inequality and injustice and is one of NENT Group’s most viewed Viaplay Originals · ‘Honour’ sold in 60 territories with four remakes in development · NENT Group to premiere at least 40 original productions in 2021 Nordic Entertainment Group (NENT Group) will premiere a third season of its critically and commercially acclaimed female-led crime drama series ‘Honour’ on its Viaplay streaming service in 2022. One of the most viewed Viaplay Originals so far, ‘Honour’ explores highly topical questions of inequality and injustice, and has already been sold in

Allocation of employee convertibles and warrant incentive program

On April 28, 2021, the Annual General Meeting of Vitec Software Group AB (publ) resolved to carry out a convertible program 2021 for all employees in Sweden, Finland, Norway, and Denmark.Subscription and allocation of employee convertibles has now ended. The total subscription amount was SEK 8.7 million. The loan can be converted into shares during 2024, at a price of SEK 463 per share. On full conversion, this corresponds to a dilutive effect of 0.06% on share capital and 0.03% of voting rights. “We are offering all our employees the opportunity to invest in a long-term partnership with

Borr Drilling Limited – Entering MoU to streamline Mexico operations and improve liquidity

June 15, 2021: Borr Drilling Limited (the “Company”, “Borr Drilling”) (NYSE and OSE: “BORR) has five rigs working for joint ventures which are jointly owned with our Mexican partner providing integrated well services for Pemex. The services commenced in May 2019 and have provided Pemex with an incremental production of approximately 125,000 barrels of oil per day from 21 wells drilled so far. In our most recent meeting with Pemex management we have received a very favourable review of the performance and the cost efficiency of this operation. The integrated well services joint ventures have

BDO Norway AS investing heavily in AI by signing a strategic contract

BDO Norway AS is by far the largest of the consulting and auditing companies in accounting. Their revenue in accounting has quadrupled to just over NOK 500 million over the past five years. They have 500 skilled accountants and have built up a solid customer portfolio with almost 10,000 customers. To maintain their leading position, they depend on investing heavily in new technology, such as artificial intelligence, to ensure that they are constantly leaning forward in the way they work with and advise their customers. The contract period is 5 years with an option for another 3 years.

Sectra speeds up clinical use of AI — digital pathology apps now available in marketplace

Linköping, Sweden – June 15, 2021 – International medical imaging IT and cybersecurity company Sectra  (STO: SECT B) expands its AI marketplace with digital pathology. In addition to radiology, customers can now see AI applications for digital pathology that can be integrated into existing diagnostic workflows to assist pathologists with accurate diagnosis, prognosis, and treatment of cancers.“Adopting AI into clinical practice can improve performance and quality in digital pathology workflows, creating an impact for pathologists in their daily work. With AI-powered

Klarna Launches Klarna Comparison Shopping Service across Europe

New marketing service enables retailers to acquire more online shoppers cheaperStockholm - 15th of June 2021 - Klarna, a leading global retail bank, payments, and shopping service, today announced the launch of their new Comparison Shopping Service (CSS) in 21 markets. Klarna CSS offers Klarna’s partner retailers across Europe an increased customer reach and budget savings to boost their return on advertising spend and drive traffic from high shopping intent consumers. In addition, the Klarna comparison shopping page  will provide new opportunities for brands to

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Alelion’s Board of Directors defines a refocused strategy for the Company

A rapidly changing growth marketEver since 2006, Alelion has been a pioneer in lithium-ion technology, amassing solid experience by means of more than 5,000 battery system installations since 2014. The electrified vehicles market reached breaking point in 2020 and has risen sharply with regard to the number of models as well as volume. In the European B2B segment, the market penetration of electrically-chargeable passenger cars has reached over 50 percent, surpassing 80 percent in individual markets. In our assessment, other segments will rapidly follow suit. Due to Europe's efforts

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