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Potential loss on Optin Bank ASA investment

Optin Bank ASA has been placed in public administration in Norway by The Financial Supervisory Authority of Norway, which is a public restructuring process. It is too early to assess the final loss for 24SevenOffice.24SevenOffice has invested approximately 19 MSEK for a 10% stake in Optin Bank ASA and also signed an agreement to launch integrated banking products towards 24SevenOffice customers with the bank. 24SevenOffice have worked hard together with the bank's tech team the last 12 months with the goal to launch the first products in the first half of 2021. The most important products

Akelius considers restructure

The Akelius Board has discussed,but not decided,the disposal of mature properties in Sweden, Denmark, and Germany. Akelius continually considers acquisitions and disposals in the ordinary course of its business. No negotiations with any potential buyer are currently taking place. Ralf Spann, CEO: - Pension funds or companies with a perspective of twenty, thirty years look for quality properties in central locations.Akelius stands to make a very good deal if a disposal is decided upon.   Berlin, 2021-06-23 Ralf SpannCEO+49 173 643 65 90ralf.spann@akelius.de

Successful premiere for Glaston Innovation Days

Glaston Corporation                     Press release              23 June 2021Last week on June 16 – June 18, Glaston successfully organized the first-ever Glaston Innovation Days, a virtual customer event on the latest innovations and trends in architectural, automotive and display glass processing. Several hundreds of Glaston current and potential customers from all over the world registered for the total of six sessions in which Glaston’s product and industry experts shared their insights on the latest developments in glass processing technologies. Hosted from a production hall at

Advania strengthening its professional services offering in Finland with the acquisition on Beveric

Advania AB, a leading full-service IT provider in Northern Europe, has acquired Beveric, an IT company that provides IT consultation services and document management solutions for private and public sector. Helsinki, FinlandAs the demand for digitalization continues to rise among Nordic organizations, so does the need for a partner who can take on complex and innovative projects. Advania strengthens its presence in the region to add more value to customers operating on the Finnish market.Advania has now over 80 professionals based in Finland, working on digitalization projects, and

Agritech and foodtech startups selected to the EIT FAN Nordic Hub accelerator

Press release 23 June 2021 Ten European startups started a four-month acceleration programme at the EIT FAN Nordic Hub led by VTT Technical Research Centre of Finland in June 2021. Their goal is to gain knowledge from experts and connect with possible partners, clients and investors from all over Europe. The Helsinki-based EIT FAN Nordic Hub is one of six accelerators in the European EIT Food Accelerator Network (FAN) created by VTT Technical Research Centre of Finland with its partner University of Helsinki to promote a sustainable food system.The EIT FAN Nordic Hub received more than

Kungsleden makes SMHI’s head office fossil-free through solar and geothermal energy

Kungsleden is transforming the property that houses the head office of the Swedish Meteorological and Hydrological Institute (SMHI) in Norrköping, Taktpinnen 1, into a fossil-free property that uses solar and geothermal energy. Work is now under way and is expected to be completed in the autumn. This is part of Kungsleden’s efforts to reduce energy consumption, with the target of becoming climate positive by 2035. Photo: Niclas Kindahl, Fotofabriken/SMHI   “SMHI is an expert body that works to enhance all of society’s sustainability and we also have a strong focus on our own

Södra contributes SEK 6.4 million to research projects

SEK 6.4 million. That is the additional amount that the Södra Foundation for Research, Development and Education is contributing to research projects in forest management and the forest industry. The largest initiatives focus on mixed coniferous stands in southern Sweden and renewable fuels.Since it was founded in 1995, the Södra Foundation for Research, Development and Education has awarded more than SEK 245 million in funding to 200 different research projects. As a result of this, progress has been made in a wide range of areas related to the bio-based economy, for example, in terms of

SRV starts the construction of 129 residential units for Kojamo in Pasila, Helsinki

SRV GROUP PLC     INVESTOR NEWS     23 JUNE 2021       13:50 EET SRV starts the construction of 129 residential units for Kojamo in Pasila, Helsinki SRV and Kojamo have signed a contractor agreement for the implementation of rental housing to be built for Kojamo in Pasila, Helsinki. Construction will begin in August 2021. The project will be recognised in the company’s order backlog for the second quarter. The project is part of the EUR 197 million cooperation agreement for the construction of rental housing for Kojamo that was announced in 2020. “There is ongoing demand for

Magnolia Bostad acquires land in Kungsbacka

Magnolia Bostad has signed an agreement with Lindbäcks Boende AB for the acquisition of ready-to-build-on land for the development of around 350 residential units of about 23,000 m[2] of GFA.The property, which is located in the area around Lindens torg in central Kungsbacka, has a zoning plan in force and the acquisition will take place through a corporate transaction. The existing characteristics in Kungsbacka will be preserved through carefully designed buildings well rooted in both older and newer buildings. The new blocks will have varying facades in brick and wood and different floor

Spa Holdings 3 Oy has gained title to the minority shares in Ahlstrom-Munksjö and the Ahlstrom-Munksjö shares will be delisted from Nasdaq Helsinki

AHLSTROM-MUNKSJÖ OYJ STOCK EXCHANGE RELEASE June 23, 2021 at 13:15 EEST Spa Holdings 3 Oy (“Spa Holdings 3”) has posted security approved by the arbitral tribunal appointed by the Redemption Board of the Finland Chamber of Commerce in connection with the redemption proceedings concerning the minority shares in Ahlstrom-Munksjö Oyj (“Ahlstrom-Munksjö”). Spa Holdings 3 has thus gained title to all the shares in Ahlstrom-Munksjö in accordance with Chapter 18, Section 6 of the Finnish Companies Act. After the security has been posted and the title to the minority shares transferred, the

Creating a new world of IKEA in the cities

Today IKEA is coming one step closer to where the many people live and work, with the opening of IKEA Décoration in Paris, France. The store joins IKEA La Madeleine, which has been greeting Paris city dwellers since 2019.The shop is the first of its kind in the world and caters to Parisians’ desire for accessories and decorative items. Now more than ever, our homes have become our shelters, and this has resulted in a great need to personalise and make them comfortable.  The focus of the new IKEA shop is on inspiring, affordable and sustainable accessories and decorative items. Inside the

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Storytel acquires the Finnish publisher Aula & Co

Storytel Books AB (“Storytel Books”), a subsidiary to Group parent Storytel AB (publ) (“Storytel”), is acquiring a 100 percent stake in the Finnish publisher Aula & Co. Through this acquisition, Storytel further strengthens its position as distributor, producer and publisher on the Finnish market where Storytel, in 2019, acquired Gummerus – Finland’s third-largest publishing house.Founded in 2016 by CEO Niko Aula, the Helsinki located publisher Aula & Co has rapidly grown to become one of the most interesting and forward-leaning forces in Finnish publishing. Approximately 35 percent of its

Ilya’s Pharma Receives Approval from Swedish Regulators to Initiate Phase II Clinical Study of ILP100 Gene Therapy to Treat Difficult Wound Patients with Diabetes

Follows highly promising Phase I results from on-site production and delivery of key chemokine CXCL12 by transformed lactic acid bacteria for accelerated wound healing.  Uppsala, June 23, 2021: Ilya Pharma, a clinical stage gene therapy company today announced that it has received approval from the Swedish Medical Product Agency and Swedish Ethical Review Authority to initiate a Phase II clinical study of its ILP100 gene therapy for the treatment of difficult diabetic wounds (EudraCT 2021-000563-69). ILP100h has recently been assigned the INN name emilimogene sigulactibac by the WHO and

Axolot Solutions has signed a trial agreement with a customer in the fish farming industry

Axolot Solutions Finland Oy has signed a trial agreement with a customer within fish farming, for purification of their process water.The trials will be carried out at the customer’s site in Finland for one month, during September. The purpose is to find a way to remove solids, nutrients and colour from the wastewater originating from the customer’s fish farming operations. Sirkku Rönkä, Managing Director of Axolot Solutions in Finland says: “With the help of our AxoPur technology we hope to provide a method for handling the customer’s wastewater locally, contributing to a more

Orkla ASA – Issuance of Commercial Paper

Orkla ASA has issued a commercial paper of NOK 300,000,000.Start date:                   25 June 2021 Maturity:                      25 August 2021 Coupon:                      0.28 % Organised by:             Handelsbanken Capital Markets         Orkla ASA Oslo, 23 June 2021   Ref.: Senior Vice President Group Treasury Geir Solli Tel.: +47 995 42 789

Dignitana launches new initiatives to support reimbursement and market access

Dignitana , world leader in scalp cooling innovation, announced today the launch of two key initiatives to support reimbursement and insurance appeals for U.S. providers of The DigniCap Scalp Cooling System. The company has engaged two Minneapolis-based organizations, medical device consulting firm JD Lymon Group  and market access specialists JDL Access , to launch a reimbursement hub and an appeal support program. JDL Access will be working directly with providers and payors to facilitate reimbursement for patient

Zound welcomes Patrik Nilsson to Board of Directors

Zound Industries appointed Patrik Nilsson to the Board of Directors at the annual general meeting on 6[th] June 2021. With a long and successful career at big brands and extensive experience in getting products into the hands of consumers around the world, he represents a strong addition to the Board of Directors at Zound.Back in 1991, Patrik joined adidas and over the next 23 years, he held several positions at the company including Global Head of the Style Division and President of adidas Group North America. Since leaving the sporting giant, Patrik had a stint as CEO and Chairman at GANT

Low-cost method for finding new coronavirus variants

Researchers at Karolinska Institutet in Sweden have developed a technology for cost-effective surveillance of the global spread of new SARS-CoV-2 variants. The technique is presented in the scientific journal Nature Communications.Since the onset of the pandemic, thousands of viral genomes have been sequenced to reconstruct the evolution and global spread of the coronavirus. This is important for the identification of particularly concerning variants that are more contagious, pathogenic, or resistant to the existing vaccines. For global surveillance of the SARS-CoV-2 genome, it is

Skanska renovates congress and event venue Finlandia Hall in Helsinki, Finland, for EUR 88M, about SEK 890M

Skanska has signed a contract with the City of Helsinki to renovate congress and event venue Finlandia Hall located in the center of Helsinki, Finland. The contract is worth EUR 88M, about SEK 890M, which will be included in the Nordic order bookings for the second quarter of 2021.Finlandia Hall will be repaired and restored from top to bottom and renovated from the plumbing to the façade, while observing the protection the construction enjoys. The light interiors with marble walls, floors of natural stone and grand windows will be renovated to their former glory. Accessibility and lifts

Pivot Power, Wärtsilä and Habitat Energy activate 50 MW transmission-connected battery in Oxford, UK

Wärtsilä Corporation Trade press release 23 June 2021 at 12 noon EESTPivot Power, part of EDF Renewables, Wärtsilä, the global technology company, and Habitat Energy, the battery storage optimisation specialists, today activated the UK’s first grid-scale battery storage system directly connected to the transmission-network as part of the 41 million GBP Energy Superhub Oxford (ESO) project. The government-backed project, led by Pivot Power, integrates energy storage, electric vehicle (EV) charging, low carbon heating and smart energy management technologies to decarbonise Oxford by 2040

Invitation to Kesko’s Q2-webcast on 23 July 2021

A stock exchange release concerning Kesko's half year financial report for January-June 2021 will be published on Friday 23 July 2021, at around 9.00 am (EET/EEST).A results conference, conducted in Finnish, will be held at 11.00 am (EET/EEST) as a webcast and a conference call available at www.kesko.fi/raporttikeskus.  A transcript of the Q&A session will be available in English afterwards at www.kesko.fi/report-centre.  An audiocast/

Fast-growing market for applications with low power needs ­– Unexplored segment that is mature for myFC's fuel cell technology

According to myFC's market analyses, their commercial target market, with fuel cells for e-mobility and logistics, is underexploited and has little to no competition to speak of. “The broad hydrogen discussion is still mainly focused on heavy industry and large vehicles. We predicted early on how fast the market for applications with low power needs would grow and found that no one else has a technology as adaptable as ours to address this market,” says Michael Perselius, marketing manager at myFC.One of the clearest differentiators between myFC and other fuel cell companies is which

SmartCraft ASA – New share capital registered

SmartCraft ASA | Total number of voting rights and capitalNOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. SmartCraft ASA – New share capital registered Oslo, 23 June 2021. Reference is made to the announcements made on 22 June 2021 whereby SmartCraft ASA ("SmartCraft" or the "Company", OSE ticker code "SMCRT") announced the

Gold to HiQ in European Design Awards 2021

HiQ with its design team from Great Apes wins gold in the European Design Awards with Lux Nemus, an interactive projection experience and a part of Metsä Group’s visitor center, Pro Nemus. – Incredible that Great Apes wins this award! Fantastic work from the team and great that we get noticed on a European arena, says Sven Ivar Mørch, CEO of HiQ. HiQ with its design team from Great Apes wins gold in the European Design Awards with Lux Nemus. The project, which consists of a collection of custom-built walls featuring Metsä’s wood, fibre and other innovative products, is an

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