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Fully integrated propulsion system from Wärtsilä will give essential reliability for new Mauritius cargo ship

Wärtsilä Corporation, Press release, 17 June 2020 at 11 AM EESTThe technology group Wärtsilä’s ability to design and deliver a fully integrated main propulsion system with outstanding fuel economy, and to provide full lifecycle support, were given as key considerations in the award of an important new order. The Wärtsilä solutions will be installed on a new 8200 dwt multi-purpose cargo vessel being built for Mauritius Shipping Corporation Ltd (MSCL) at the Huanghai Shipyard in China. The order with Wärtsilä was placed in April 2020. Reliability was also cited as being a major factor,

Humana will build a new elderly care home in Täby

Humana is building a new elderly care home in Täby with 90 apartments. It will be Humana's eleventh elderly care home under own management in Sweden.The new housing will be constructed together with the property developer Hemgården. The real estate company Åke Sundvall AB will be landlord. It is Humana's first care home in Täby municipality, northeast of Stockholm. With its 90 much-needed elderly care apartments in a growing municipality, the unit will help to further increase the diversity and freedom of choice for Täby's elderly.— Täby is a municipality that welcomes serious

Update on developments related to COVID-19

Bonava regularly updates the market with relevant information on the effects of COVID-19. Since the most recent COVID-19 update, dated 9 April 2020, we have seen a cautious recovery in pace with the easing of restrictions in countries where Bonava is active. However, the situation is challenging and Bonava expects lower sales and disruptions to its production chain to have an impact on the housing units delivered in the second quarter. The risk communicated earlier, that delays to the delivery of housing units could have a negative impact on net sales and earnings for the current year, stands

Summary from the Annual General Meeting of 2020 of Resurs Holding

Resurs Holding AB (publ) today held its Annual General Meeting. The Annual General Meeting resolved in accordance with all proposals of the Board and the Nomination Committee. The Annual General Meeting resolved to re-elect Martin Bengtsson, Fredrik Carlsson, Lars Nordstrand, Marita Odélius Engström, Mikael Wintzell and Johanna Berlinde as Board members, and elected Kristina Patek and Susanne Ehnbåge as new Board members. Martin Bengtsson was re-elected as Chairman of the Board. Ernst & Young AB was re-elected as the company’s auditor to serve for the period until the end of the next

Hoist Group Announces the Launch of Program Phoenix along with its New Subscription Business Model to Help EMEA Hotels Swiftly Recover from the Impact of COVID-19

Solna, Sweden – June 17, 2020: The hospitality sector has been severely impacted by COVID-19. But the good news is that hotels around the world are opening their doors once again via a new, transformed, socially-distanced guest journey with a primary focus on stringent health and safety guidelines. Today, Hoist Group is launching Program Phoenix to support hotels across Europe, the Middle East and Africa (EMEA) to not only meet the requirements of the post-COVID-19 world, but also start to thrive again in this challenging environment. “Comprising 20 very special offers, Program Phoenix

SDARI and ABS to Pioneer 3D Model-based Class

JDP to Develop Next Generation Class Process Underscores the ABS Lead in Digital Class(SHANGHAI) ABS and the Shanghai Merchant Ship Design & Research Institute (SDARI) have signed a Joint Development Project (JDP) to use 3D Models to streamline the class process.     The JDP will develop a process for ingesting SDARI 3D models into Class supporting software to allow 3D Model-based Class reviews.“Together, ABS and SDARI are designing the next generation of Classification. We are exploring how to move beyond paper-based models for review into a digital future which not only offers a

BillerudKorsnäs simplifies its organizational structure

As a step in the ongoing process to improve efficiency and enhance the company’s ability to adapt to major changes in the outside world, BillerudKorsnäs intends to implement a simplified organizational structure as of August 1, 2020. The new organization will be built along the business flow around three functional areas: Wood Supply, Operations and Commercial. In parallel, the resources for sustainability and innovation will be grouped in a common new function, Sustainability & Strategic Development.“We need to cater for rapidly changing customer needs for sustainable products and

The first emerging markets impact fund in Finland attracted more interest than anticipated – raised EUR 76 million in capital

OP Finnfund Global Impact Fund I raised EUR 76 million in the first round of funding. As the first Finnish impact fund to invest in emerging markets, the fund targets significant sustainability impacts in addition to profits.The fund made its first close on 17 June 2020. For example, Finland’s Church Pension Fund, Security Trading Oy, Oy Julius Tallberg AB, the Finnish Industrial Union, the Finnish Municipal Foundation, the Finnish Red Cross, OP Life Assurance Company Ltd and Finnfund have signed investment agreements. The target size of OP Finnfund Global Impact Fund I is EUR 100 million.

NENT Group closes SEK 800 million bond issue

Nordic Entertainment Group AB (publ) (NENT Group), the Nordic region’s leading streaming company, has raised SEK 800 million by issuing 3 and 5 year unsecured bonds to more than 15 Swedish and Nordic investors. This is the second public issue by NENT Group since the company was listed in March 2019, and the issue was oversubscribed with high levels of investor interest. The issue has been made within the framework of NENT Group’s established SEK 4 billion MTN programme , and comprised SEK 150 million of notes with a floating interest rate of

RLS Global AB has signed an agreement with Region Stockholm and Gotland for ChloraSolv®

RLS Global AB is pleased to inform that ChloraSolv is awarded on the current tender agreement in Region Stockholm and Gotland. The agreement is effective August 15[th], 2020. The clinical evaluation has been very positive and ChloraSolv is now available to all healthcare providers in the region such as inpatient- and outpatient care, primary care, and private care providers. The agreement is the largest in Sweden in wound care.“Now we see another result of the intensive work that RLS has completed in the autumn 2019 and spring 2020 to gain access to the different regions in Sweden, says

Research project with electric aircraft and drones for a prosperous countryside

The EDIS research project - electric aircraft and drones in the service of the community - will show the possibilities of using drones and electric aircraft to improve the conditions for community service and transport in areas with large distances and limited access to critical social functions. The project is run by LFV, Katla Aero, Flypulse, Guideline Geo and Luleå University of Technology and is funded by the Swedish Transport Administration.- The project will show how new drone technology can be used to achieve a more sustainable and efficient aviation business and show the benefit

Atlas Copco’s Q2 report 2020 and invitation to the conference call, July 16

Nacka, Sweden, June 17, 2020: Atlas Copco will publish its Q2 results for 2020 on Thursday, July 16, at approximately 08:30 AM CEST. A conference call for investors, analysts and media will be held at 10:00 AM CEST.Participating from Atlas Copco will be Mats Rahmström, President and CEO, and Hans Ola Meyer, CFO. The conference call will begin with a short presentation of the report followed by a question-and-answer session. The conference call will be broadcasted live on the web. Please see our website www.atlascopcogroup.com/investor-relations for the webcast link and presentation

Alfa Laval continues to support the marine industry and signs three-year frame agreements for ballast water treatment systems

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling –has signed two frame agreements, running over the coming three years, for ballast water treatment systems. The agreements comprise firm orders to deliver Alfa Laval PureBallast 3 to about 40 vessels, with options covering another 40 systems.Even as the shipping industry has been heavily hit by the current pandemic, Alfa Laval has continued working closely with its marine customers to secure their daily operations and keep them prepared for tomorrow. “We are proud to have secured these orders –

NOTE wins big deal

NOTE has a strong and diversified customer base with both established industrial companies and companies in new fast-growing application areas. Demand for high-tech measuring equipment from one of NOTE's major international industrial customers notes a record growth. In order to cope with the strong increase in volume, NOTE has been appointed as a manufacturing partner of electronics. The new extended cooperation is estimated to amount to at least SEK 100 million during the first twelve months. Batch production will start during the third quarter and is expected to rise quickly in high

XMReality increases focus on the American market and will close its Hamburg office

As previously communicated, XMReality currently experiences an increase in use of its Remote Guidance as well as in customer enquiries. The company has a good momentum and has during the first half of 2020 decided to put additional focus on the American market by employing more resources in the US. A Vice President of Sales and a Sales & Marketing Manager have recently been hired to grow business in North and South America. In order to further push this growth, especially in the US, the one person German office in Hamburg will be closed and resources re-allocated.“We are able to extend our

BioStock: Follicum represents R&D at MVA’s diabetes webinar

Tomorrow, world-leading diabetes experts and front runners of regional R&D in type 1 diabetes will gather at a free Medicon Valley Alliance webinar. Lund-based Follicum will be among the participants, and BioStock has talked to CEO Jan Alenfall regarding the webinar and the company’s diabetes project.Read the full interview at biostock.se: https://www.biostock.se/en/follicum-represents-rd-at-mvas-diabetes-webinar/ This is a press release from BioStock - Connecting Innovation & Capital. https://www.biostock.se

Invitation to presentation of Essity’s Half-year Report for 2020

Essity’s Half-year Report for 2020 will be published on July 17 at approximately 7:00 CET. In conjunction with publication, a telephone and web presentation will be held at 9:00 CET where President and CEO Magnus Groth will present and answer questions.Presentation: Date: Friday, July 17, 2020Time: 9:00 CETLink to Web presentation: https://essity.videosync.fi/2020-07-17-q2Telephone: +44 (0) 207 192 80 00, +1 631 510 74 95 or +46 (0) 8 506 921 80. Please call in well in advance of the start of the presentation. Indicate “Essity” or conference ID 8165568.

SKF invests further SEK 400 million in ball bearing manufacturing in China

Gothenburg, 17 June 2020: SKF is making further investments in strengthening its manufacturing footprint in China for ball bearings. The investment is in-line with the Group’s region-for-region manufacturing strategy. The Group announced a SEK 370 million investment in a new factory in Xinchang in June 2019. With the factory now operational, a further SEK 400 million is being invested in expanding the site. Patrick Tong, President, Industrial Sales Asia, says: “We have made great progress in China, the world’s largest market for deep groove ball bearings, over the last two years,

Proact launches new managed WAN service

To help organisations connect data and integrate applications across on-premises, private cloud and public cloud infrastructures, Proact, Europe’s leading independent data centre and cloud services provider, has launched a new end-to-end WAN management platform: Wide Area Network as a service (WANaaS).Proact’s WANaaS will support enterprises who are looking to grow their WAN bandwidth and improve their security. Customers pursuing a multicloud strategy can leverage Proact’s direct connectivity from its data centres to public clouds, as well as connecting their own sites together under one

Skanska divests retirement home in Stockholm, Sweden, for about SEK 320 M

Skanska has sold a sustainable retirement home with 80 apartments in the new district of Täby Park in Stockholm, Sweden, for about SEK 320 M. The buyer is SPP Fastigheter. The transaction will be recorded by Skanska Commercial Development Nordic in the second quarter 2020. The transfer is planned for March 2022.A lease agreement has been signed with Vardaga, who will be responsible for operating the retirement home, which covers approximately 5,600 square meters and will be five floors high. The retirement home, which is being developed and built by Skanska Sweden, will meet high

Valmet acquires 14.9% ownership in the future Neles

Valmet Oyj’s stock exchange release (inside information) on June 17, 2020 at 8:45 a.m. EET Valmet has today agreed to acquire 22,374,869 shares in the future Neles Corporation from Solidium Oy, representing 14.88% of all Neles’ shares and votes. The transaction between Valmet and Solidium is expected to take place on July 1, 2020. Neles Corporation is planned to be created in the partial demerger of Metso, in which Metso’s Flow Control business would become the independent Neles Corporation and would continue Metso’s listing on Nasdaq Helsinki. The completion of the partial demerger

Diös announces changes to Executive management team

Lars-Göran Dahl, Director of Property Management and Transactions will leave the company after the summer. Sofie Stark, the current Business Area Manager for Sundsvall will be recruited internally as Director of Property Management, and Mats Eriksson’s current role as Director of Projects will be expanded to include responsibility for Business Development. Both of them will join the Diös Executive management team. This change will become effective during the month of August. Diös is one of Sweden’s largest property companies with a portfolio of centrally located properties in ten

CapMan establishes Special Situations, an investment area focused on turnarounds

CapMan press release 17 June 2020 at 8.30 am EEST CapMan establishes Special Situations, an investment area focused on turnarounds CapMan establishes CapMan Special Situations, which invests in underperforming or non-core businesses and supports them through financial restructuring and operational turnaround. The experienced investment professionals and operational advisors in the CapMan Special Situations team partner closely with the portfolio company management, owners and banks to enable the companies to transform. Demand for special situations investing has been identified across

Low-emission energy availability for heavy transport to increase in the Stockholm area - Gasum to open a gas filling station in Arlanda towards the end of the year

The Nordic energy company Gasum will open a gas filling station in Arlanda in the end of 2020. The station is Gasum's first in the Stockholm area. By opening a station offering liquefied natural gas (LNG) and liquefied biogas (LBG) for heavy-duty vehicles, Gasum is responding to its customers' needs to extend the existing station network to yet another key transport hub.Gasum will further strengthen its gas filling station network in Sweden towards the end of the year by opening a new station in Arlanda, Stockholm. The Arlanda filling station provides liquefied natural gas (LNG) and

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