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Volvo to launch hydrogen-powered trucks

Volvo Trucks is developing trucks with combustion engines that run on hydrogen. On-road tests with trucks using hydrogen in combustion engines will begin in 2026, and the commercial launch is planned towards the end of this decade. Trucks that run on green hydrogen provide a significant step for Volvo to achieve its net zero goal and support customers in reaching their decarbonization targets. Volvo will launch trucks with combustion engines that can run on green hydrogen. These trucks provide a significant step todecarbonize heavy transport.Trucks that run on green hydrogen

Acroud publishes interim report Jan-Mar 2024: A Stable Start of the Year

Financial highlights during first quarter 2024   • Revenue amounted to EUR 9 486 (9 300) thousand, a slight increase compared with the previous year.   • Adjusted EBITDA (before items affecting comparability) was EUR 1 232 (2 141) thousand decreasing by 42% year-on-year and 12% quarter-on-quarter. EBITDA amounted to EUR 3 884 (2 114) thousand, increasing by 84% year-on-year and 115% quarter-on-quarter.   • Profit after tax was EUR 2 806 (-67) thousand. Adjusted profit after tax (before items affecting comparability and currency effects) was EUR -381 (-181) thousand.

Entry into long-term Power Purchase Agreements for renewable energy procurement

    23 May 2024  LSE: PDL     Petra Diamonds Limited (Petra or the Company)   Entry into long-term Power Purchase Agreements for renewable energy procurement     Petra announces that it has entered into long-term Power Purchase Agreements (PPAs) for the procurement of wheeled renewable energy for its Cullinan and Finsch Diamond Mines from Etana Energy, a licenced South African energy trader. The PPAs will supply each operation between 36-72% of the expected load requirement from FY2026 onwards through utilising the existing electrical grid.

The CEO comments on Q1 2024:

Streamlining Irisity’s global operations for profitability and growth.   The CEO comments on Q1 2024:   In Q1, we took significant steps towards profitability and growth. In the quarter, our growth initiatives included closing a large new transportation contract, expansion into AI use cases focused on industrial workplace safety thru the agreement to acquire of Ultinous Zrt, and the opening of sales office in Mexico. We also took steps to improve profitability announcing our operational and R&D streamlining initiative.    We have maintained a consistent net sales volume

Enifer secures €36M in funding to solve the world’s soaring protein need with its proprietary mycoprotein

The Finnish biotech scaleup is gearing up the production of its PEKILO® mycoprotein with a new €33M factory located in Kirkkonummi, Finland. With already existing collaborations with the world’s leading food and feed companies, Enifer is prepared to annually upcycle food industry side streams into up to 3,000 tons of its sustainable fungi-based protein.ESPOO, Finland (May 23rd, 2024) Finnish mycoprotein company Enifer  has today announced the completion of a funding package that enables it to start constructing a unique food-grade mycoprotein factory in Kirkkonummi,

Marie-Anne Lindhardt again ranked as one of the world's leading lawyers in Sports Law

Lexology has recently released its annual industry analysis, Who’s Who Legal: Thought Leaders – Sports & Gaming 2024, and lawyer Marie-Anne Lindhardt at MAQS Advokatbyrå is once again recognized as one of the top-ranked lawyers in sports law.[En bild som visar vägg, Människoansikte, person, klädsel Automatiskt genererad beskrivning] The ranking is based on interviews with professionals in the sports industry. Being named a Thought Leader confirms that the ranked individual possesses deep expertise and experience in advising on significant and cutting-edge matters, as well as their

Well-reputable hotel director assists Gympak

For over 15 years, Paul Lukes was the CEO and hotel director of large and well-known hotels on the west coast. Nowadays, the Gothenburg native works with property development projects in an entrepreneurial company. Simultaneously, he serves as an advisor and board member at Gympak, focusing on helping the company enter the Nordic hotel market.Delivering that extra touch and creating memorable experiences for guests is a hallmark of Paul. In Gothenburg and the hotel industry, he is known as a fresh breath of air who is passionate about service and creates wow experiences for everyone he

FlexQube receives order worth 695 000 USD for cart system

FlexQube has received an order worth 695 000 USD for FlexQube's modular cart system from a global automotive industry supplier. Delivery will take place to one of the customer's factories in Ontario, Canada, during the third quarter of 2024. This is the single largest order for FlexQube in nearly two years and the largest to date for a company in Canada. The order consists of several hundred carts that will be used to streamline the material flow for the customer in connection with an expansion of their operations. The carts will be manufactured at FlexQube's American production unit in

Borr Drilling Limited – Dividend declaration and key information relating to the cash distribution for the first quarter 2024

Hamilton, Bermuda, May 23, 2024. Borr Drilling Limited (NYSE and OSE: BORR) today announces that the Company’s Board of Directors has approved a cash distribution of paid-in capital of US$0.10 per share for the first quarter of 2024. Note to shareholders registered in Euronext VPS, the Norwegian Central Security Depository: Due to implementation of the Central Securities Depository Regulation (CSDR) in Norway, please note the information regarding the payment date for the shares registered in Euronext VPS below. Effective as of May 28, 2024, the New York Stock Exchange (“NYSE”)

Syre raises $100 million Series A – shortlists Vietnam and Iberia for first gigascale plants

STOCKHOLM, May 23, 2024. Syre, the textile impact company initiated by Vargas and H&M Group which launched in March this year, today announces the signing of a $100 million Series A. The funding round was led by founding investor TPG Rise Climate who was joined by an additional investment from founder H&M Group as well as the following strategic partners:· Giant Ventures Giant backs purpose-driven founders solving the world’s biggest challenges, from climate and health to inclusive capitalism. · IMAS Foundation A purpose driven sister foundation to INGKA Foundation - the owner of Ingka

Borr Drilling Limited Announces First Quarter 2024 Results

Hamilton, Bermuda, May 23, 2024: Borr Drilling Limited (“Borr”, “Borr Drilling” or the “Company”) announces unaudited  results for the three months ended March 31, 2024.  Highlights  · Total operating revenues of $234.0 million, an increase of $13.4 million or 6% compared to the fourth quarter of 2023 · Net income of $14.4 million, a decrease of $14.0 million compared to the fourth quarter of 2023 · Adjusted EBITDA of $116.8 million, an increase of $5.3 million or 5% compared to the fourth quarter of 2023 · Raised $200 million of additional principal amount of debt under

Panoro Energy Initiates Share Buy-back Program

Oslo, 23 May 2024 – The Board of Directors of Panoro Energy ASA (“Panoro” or the "Company") (OSE: PEN) has approved the launch of a share buy-back program that allows the Company to repurchase up to NOK 100 million of its outstanding common shares. Panoro has put in place an agreement with Arctic Securities AS ("Arctic"), for the repurchase of the Company's common shares in open market transactions on the OSE. Under this agreement, Arctic will make its own trading decisions independently of, and uninfluenced by, Panoro, subject to instructions provided by Panoro in the agreement. In

Panoro Energy – Key Information on Cash Distribution

Oslo, 23 May 2024 – The board of directors of Panoro Energy ASA (“Panoro” or the “Company”) today declares a cash distribution of NOK 0.427 per share (representing a cash distribution to shareholders of NOK 50 million). Distribution amount: NOK 0.427 per share Declared currency: NOK Last day of trading including right: 3 June 2024 Ex-distribution date: 4 June 2024 Record date: 5 June 2024 Payment date: On or about 13 June 2024 Date of approval: 22 May 2024 Distributions will be paid in NOK The cash distribution will be paid as a return of paid in capital

Mainstream Renewable Power and Someva Renewables awarded a 500 MW investigative permit for onshore wind farm in New South Wales, Australia

Mainstream Renewable Power (“Mainstream”), the global pure-play renewable energy company majority-owned by Aker Horizons ASA, and Someva Renewables (“Someva”), an Australia-based renewable energy developer, have been awarded a permit by the Forestry Corporation of New South Wales, Australia to jointly investigate an onshore windfarm at Sunny Corner with a potential capacity of approximately 500 MW.The Sunny Corner project, a joint venture between Mainstream and Someva, was awarded the permit following a 15-month competitive tender and selection process.  The project would be one of the

Kesko to electrify its grocery trade logistics through an investment of nearly €10 million

Kesko plans to gradually increase the number of electric vehicles used for transport and deliveries in its grocery trade business to some 200 EVs by 2030. EV charging points for heavy vehicles will be built in all Kesko’s grocery trade logistics centres within the next few years. Kesko expects EV transports to reduce emissions significantly while improving efficiency. The total investment will amount to nearly €10 million.”Kesko’s grocery trade logistics centres send out some 700 loads across the country every day. As a large Finnish operator, we want to pave the way for more extensive

The most ambitious infrastructure builder in the Nordics

Today, NRC Group launches its new strategy and ambitions for the next four years as the most ambitious infrastructure builder in the Nordics. The plan for profitable growth and long-term value creation is reflected in the following financial targets for 2028:•    Revenue of more than NOK 10 billion •    EBIT adjusted margin above 5% NRC Group will continue to strengthen the position in rail construction and expand civil construction activities, leveraging the Group’s established Nordic market position and unique capabilities in selected attractive niche markets. Maintenance, led by

Advania launches Sustainability Report for 2023

Advania AB (Advania Group) is pleased to announce the release of its sustainability report for 2023. The report outlines a unified sustainability strategy across Advania and details each country's commitment within the group to meet ambitious collective targets.As a leading IT service provider in Northern Europe, Advania plays a pivotal role in fostering sustainable development. The Group has set clear objectives concerning its own operations and its value chain. Additionally, there are numerous country-specific targets addressing local needs and directives. “Advania and the tech

Panoro Energy – First Quarter 2024 Trading and Financial Update

Oslo, 23 May 2024 – Panoro Energy ASA (“Panoro” or the “Company”)  is pleased to announce strong first quarter operational and financial performance. Panoro group working interest production was in line with expectations at 9,605 bopd. Reported revenue was USD 68.9 million, EBITDA USD 38.7 million and net profit USD 12.1 million. Consistent with its commitment to delivering sustainable shareholder returns, Panoro has today declared a Q1 2024 cash distribution of NOK 50 million and has initiated a share buy-back program that allows the Company to repurchase up to NOK 100 million of its

MPCC: Invitation to Q1 2024 Earnings Call

MPC Container Ships ASA will publish its Q1 2024 financial report on Tuesday, May 28, 2024. Constantin Baack, CEO, and Moritz Fuhrmann, Co-CEO and CFO, will present the results in an earnings call at 15:00 CET / 09:00 ET on May 28, 2024, followed by a Q&A session. The earnings call can be accessed live via webcast and questions can be submitted in writing. A recording will be available on demand at the Company's website after the live event has concluded. The earnings call can be accessed through the following link: https://channel.royalcast.com/landingpage/hegnarmedia/20240528_1/

Flex LNG - First Quarter 2024 Presentation

May 23, 2024 Hamilton, Bermuda   Please find enclosed the presentation of Flex LNG Ltd.’s first quarter 2024 results which will be presented in a live video webcast today at 15:00 CEST (09:00 a.m. EST).   In order to watch the webcast, use the following link:   First Quarter 2024 Earnings Presentation    A Q&A session will be held after the webcast. Information on how to submit questions will be given at the beginning of the session.   In conjunction with the quarterly results, we

Flex LNG – Key information relating to the cash distribution for the first quarter 2024

May 23, 2024 Hamilton, Bermuda   Key information relating to the cash distribution to be paid by Flex LNG Ltd. (“Company”) for the first quarter 2024. The distribution will be made from the Company’s Contributed Surplus Account.   Please note that from May 28, 2024, the standard settlement cycle for transactions executed in securities traded on the New York Stock Exchange (“NYSE”) will be shortened from T+2 to T+1 (of which T equals trading date), while the Oslo Stock Exchange (“OSE”) will continue to settle its trades on a T+2 basis.   As a result, there will be

NRC Group ASA – Q1 2024 results

NRC Group today published its financial results for the first quarter of 2024.CEO Anders Gustafsson and CFO Ole Anton Gulsvik will present the results at 09:00 am (CEST) at Ruseløkkveien 26 (ABG Sundal Collier), Oslo, followed by the Capital Markets Update presentation. The first quarter presentation and the Capital Markets Update will also be broadcasted as a webcast on the following link: https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20240523_4 The presentations will be followed by a live Q&A-session. Investors, analysts and journalists are welcome to participate at

Hoover Treated Wood Products Signs Direct Agreement to License ExteriorFireX™ to Sweden-Based, Woodsafe Timber Protection AB

The partnership brings top-rated fire-retardant treated wood technology to growing markets across EuropeTHOMSON, GA  USA – Hoover Treated Wood Products (HTWP) has granted an exclusive license to Swedish wood innovation company, Woodsafe Timber Protection (Woodsafe), to use its signature ExteriorFireX™ formula. The partnership enables a streamlined process to ensure this life-saving technology is available in Europe.  Hoover’s ExteriorFireX™ — available as WOODSAFE® Exterior WFX™ — is pressure-impregnated fire-retardant-treated lumber and plywood that provides third party

Webstep ASA: First quarter results 2024

Oslo, 23 May 2024: Webstep ASA reports revenues of NOK 261.9  million (277.2) and EBIT of NOK 22.2 million (25.2) for the first quarter of 2024. The EBIT margin for the quarter was 8.5 per cent (9.1). Net profit for the first quarter was NOK 16.0 million (18.8).- “Revenues have been negatively affected by a reduction in working days especially in Norway, owing to Easter occurring in the first quarter of 2024, while it was in the second quarter last year. EBIT is positively affected by the implemented cost reduction program, although offset by the decrease in revenues. The Webstep

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