Pick a time period -
No more available filters You need to apply a filter before selecting newsroom

Use our filters to get your customized news. Save and subscribe to as many filters as you want, get the news that YOU are interested in right in your mailbox, RSS feed or in your personalized dashboard. Share your stories, news, multimedia and pressreleases and get a wider audience with news.cision.com.

Sandvik acquires Summerill Tube Corporation

Sandvik has signed an agreement to acquire privately owned Summerill Tube Corporation, based in Pennsylvania, USA. Summerill Tube Corporation is a manufacturer of high precision tubes and since 1892 it has delivered seamless and welded tubing in stainless steels and nickel alloys to various high demanding industries including aerospace, transportation and petrochemical. “I am pleased with the acquisition of Summerill as it increases our presence in the US, enabling profitable growth", says Göran Björkman, President of Sandvik Materials Technology. Summerill Tube Corporation will be

Solidium’s holding in TietoEVRY exceeds 10%

TietoEVRY Corporation STOCK EXCHANGE RELEASE 20 December 2019 17.00 EETSolidium’s holding in TietoEVRY exceeds 10% TietoEVRY Corporation has received a notification in accordance with Chapter 9, Section 5 of the Finnish Securities Markets Act from Solidium Oy. The holding of Solidium Oy has exceeded the 10% threshold. On 20 December 2019, the holding of Solidium Oy amounts to 11 857 918 shares, corresponding to a holding of 10.01% in TietoEVRY shares and voting rights. TietoEVRY’s registered total number of shares and voting rights is currently 118 425 771. Further information

Citi Appoints Country Head for Finland

Citi announces the appointment of Karolina Burmeister as Country Head for Finland. She is currently a senior banker for corporates, financial institutions and public sector clients at Citi in Finland. Karolina replaces Brodie Donaldson, who will take on new responsibilities within Citi.  Karolina joined Citi in 2018 and has extensive experience in the Finnish market, having worked with large multinational corporations and institutions in Finland for 22 years in different banking roles. Prior to Citi, Karolina worked at OP Financial group both on Corporate Banking and Investment Banking

Fortum expands the shareholder base of its Nordic wind portfolio

FORTUM CORPORATION INVESTOR NEWS 20 DECEMBER 2019 16:45 EET Fortum and Credit Suisse Energy Infrastructure Partners (CSEIP) have today signed an agreement whereby funds advised by CSEIP will acquire an 80% stake in Fortum’s Nordic wind portfolio. Fortum will retain a 20% minority ownership in this wind power portfolio, continue to manage the construction, and serve as long-term asset manager for the wind portfolio. The portfolio consists of the operational Nygårdsfjellet (32 MW, Norway), Ånstadblåheia (50 MW, Norway), and Solberg (76 MW, Sweden) wind parks as well as the Kalax (90 MW,

Bulten strengthens its position in Asia and North America through the acquisition of PSM International

Bulten has today signed an agreement to acquire all shares in PSM International Holdings Limited (“PSM) (“the Acquisition”). The Acquisition strengthens Bulten’s position in the international fasteners market and provides a strong platform for continued growth globally. The purchase price amounts to USD 24.5 million (SEK 230 million) on cash-free and debt-free basis.PSM, founded in 1931, develops, manufactures and supplies fasteners to international markets, primarily in the automotive industry. The company has approximately 350 employees, production units in China, Taiwan and the United

Swedbank replies to Estonian and Swedish Financial Supervisory Authorities

Today Swedbank has replied to the Estonian and Swedish Financial Supervisory Authorities’ requests for comments on notification letters. The bank shares many of the authorities’ observations and preliminary conclusions.Swedbank’s President and CEO Jens Henriksson commented: “I take the findings of the Financial Supervisory Authority seriously. There has been insufficient internal governance and control to address deficiencies related to suspected money laundering. These shortcomings have meant that there has been a risk that Swedbank and its subsidiaries have been used to launder money,

Pharmacolog invests in France

Pharmacolog cancels collaboration with distributor Pharmed SAM and hires sales manager based in France for sales on the French market. The company has also started the formation of a French subsidiary.Since November 2016, Pharmacolog has worked with Pharmed SAM regarding representation in the French market. Pharmed has since expanded its portfolio and is increasingly investing in its industrial product segment and has thus shifted its focus compared to previously. Pharmacolog has therefore hired a sales manager located in France who will handle the company's commercial activities in the

SSM sells Bromma Square housing project

SSM Holding AB (publ) has sold its share in the Bromma Square housing project, which includes 355 planned cooperative apartments, to joint venture partner Profi Fastigheter. The sale is the result of the evaluation of the project that was initiated in the third quarter 2019. The transaction will have a marginal impact on SSM’s results and the proceeds from the sale will have a positive impact on cash flow by 42.9 MSEK during the first quarter 2020.SSM has sold its share of the Bromma Square housing project (Bordduken 7 and Linneduken 5) to joint venture partner Profi Fastigheter. Within

NeuroVive completes recruitment in the second part of its ongoing KL1333 clinical Phase Ia/b study

Lund, Sweden, 20 December 2019, NeuroVive Pharmaceutical AB (Nasdaq Stockholm: NVP, OTCQX: NEVPF) today announced the completed recruitment of healthy volunteers in the second part of the company’s ongoing Phase Ia/b clinical study with candidate drug KL1333, in development for chronic oral treatment of primary mitochondrial disease.The first part of the study, in which the effect of food intake on the uptake of KL1333 after a single dose had been assessed in healthy volunteers, showed promising drug properties and safety data. In the second part of the study, five cohorts of healthy

HiQ simplifies local referendum in Helsingborg

The City of Helsingborg goes to the polls on 12 January to vote on whether the city should continue to be the majority owner in energy company Öresundskraft. HiQ is contributing to the democratic process by creating digital support for printing poll cards for the referendum on site.“This is an assignment that is extra close to our hearts. Being able to deliver a fast, flexible, secure solution that enables this is completely in line with our ambition to simplify things for people by using technology,” says Anna Kleine, Managing Director of HiQ in SkåneFor national elections in Sweden you

ExpreS2ion appoints Bent U. Frandsen as Chief Executive Officer

ExpreS[2]ion Biotech Holding AB (“ExpreS[2]ion”) today announces that the Company’s Board of Directors has appointed Bent U. Frandsen as the new Chief Executive Officer of ExpreS[2]ion, succeeding Steen Klysner as of today 20 December, 2019. Bent has been with ExpreS[2]ion since March 2016 and has served as the Company’s Chief Business Officer since August 2018.ExpreS[2]ion Biotech Holding AB (“ExpreS[2]ion”) today announces that the Company’s Board of Directors has appointed Bent U. Frandsen as the new Chief Executive Officer of ExpreS[2]ion, succeeding Steen Klysner as of today 20

Bonava initiates production of 53 houses in Kareby, Kungälv

Bonava is initiating the production of 53 houses just north of Kungälv, Sweden. The first housing units are expected to be recognised in profit and transferred to the customer in the first quarter of 2021.- It’s gratifying to see so much interest in Kareby Äng. In this first stage, we are building homes with different forms of tenure in a vibrant neighbourhood. It will be inspired by a rural idyll and have a modern village feel, featuring playgrounds, barbecue areas, and a shared premises for events where residents can meet and socialise, says Fredrik Hemborg, Business Unit President,

Sandvik acquires QCT’s division for cutting tools

Seco Tools, a division of Sandvik Machining Solutions, has reached an agreement to acquire the cutting tools division of QUIMMCO CENTRO TECNOLÓGICO (QCT), a privately owned Mexican company offering integral machining solutions. “I am pleased that we continue to pursue the pronounced ambition to grow the solid carbide tools business. This acquisition fits very well with our long-term growth strategy and I would like to welcome QCT’s division to the family of Sandvik Machining Solutions”, says Lars Bergström, President of Sandvik Machining Solutions. With more than 20 years’ experience

G5 releases new game Wordplay: Exercise Your Brain for worldwide pre-order

G5 Entertainment has submitted Wordplay: Exercise your brain to the Apple App Store and Google Play. Wordplay is a new free-to-play word game that features unique combinations of word search games, crosswords and challenging vocabulary puzzles. The game is set in calm and picturesque global locations, and players can unlock hundreds of complex levels in an engrossing gameplay, while simultaneously enhancing vocabulary and improving memory skills. The game will be released in six major languages. After store review, the game will be available for pre-order and available for download on

Ericsson strengthens its 5G research and development with NIB

· Ericsson has signed an agreement for credit facility with the Nordic Investment Bank (NIB) for USD 150 million, maturing in 2025. · Part of the new funds, 98 million will replace a credit with NIB that was set to mature in 2021 · The agreement will support investments in research and development of 5G technologyEricsson (NASDAQ: ERIC) is announcing that it has signed an agreement for credit facility with the Nordic Investment Bank (NIB) for USD 150 million, maturing in 2025. Of these new funds, 98 million will replace credit with NIB that was set to mature in 2021. In addition to

Transactions in connection with share buy-back programme 19-20 December 2019, thereby completing the programme

Vestas Wind Systems A/S, Aarhus, 20 December 2019Company announcement No. 29/2019   Transactions in connection with share buy-back programme 19-20 December 2019, thereby completing the programme On 7 November 2019, Vestas initiated a share buy-back programme, ref. Company announcement No. 17/2019 . The programme is implemented in accordance with Regulation No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR) and the

Vestas wins first full scope EPC contract in Vietnam for new 50 MW intertidal project

News release from Vestas Asia PacificSingapore, 20 December 2019Vestas has secured its first full Engineering, Procurement and Construction (EPC) contract in Vietnam with a 50 MW order from Tra Vinh Wind Power Co. Ltd. (TWPC). The order marks Vestas’ second intertidal deal in the country within a week, underlining Vestas’ capabilities to deliver solutions beyond wind turbines that cater to Vietnam’s growing market for intertidal wind projects.The project will be constructed in shallow waters close to shore to capture the unblocked wind resources from the sea in the Mekong Delta

Pihlajalinna Plc: Managers’ transactions

Pihlajalinna Plc: Managers’ transactions Pihlajalinna Plc      Managers’ transactions     20 December 2019 at 15:40 Pihlajalinna Plc: Managers’ transactions Pihlajalinna Plc has received the following notification on 20 December 2019: Person subject to the notification requirementName: Marko Savolainen  Position: Other senior manager     Initial Notification  Reference number: 74370058MTRLEDOCHV67_20191220150507_2

Magnolia Bostad buys out JV partner in Partille to develop residential and retail units

Magnolia Bostad has acquired the entire property Partille 11:61 with a zoning plan in force, in the new district Partille Port. It is planned that the property will have around 200 residential units with 12,300 sq.m. GFA plus retail units and an underground garage of 3,000 sq.m. GFA.Magnolia Bostad already owned half of the property, where 54 residential care units were planned with retail units on the ground floor. We are now acquiring the remaining part of the property and are planning to develop around 200 residential units instead of residential care units. In addition to the

Executives learn new skills on short academic-quality leadership programmes

Two short Open-enrolment Programmes were recently concluded at The School of Business, Economics and Law at the University of Gothenburg. Executives from companies and organisations such as Wallenstam, SKF, the City of Gothenburg, Region Västra Götaland, the Swedish Institute, Halmstad and Linköping municipalities took part in the programmes: "Digitalisation for digital strategists in the public sector" and "Management accounting and financial ratios for leaders".The Open-enrolment Programmes (OEP) have been designed and developed to meet the needs of executives to build new skills in the

Fortum to sell its district heating business in Joensuu, Finland for approximately EUR 530 million

FORTUM CORPORATION STOCK EXCHANGE RELEASE 20 DECEMBER 2019 AT 15:30 EET Release category: Other information disclosed according to the rules of the Exchange Fortum has today signed an agreement to sell its district heating business in Joensuu, Finland to Savon Voima Oyj. The total consideration on a debt- and cash-free basis is approximately EUR 530 million. Fortum expects to record a tax exempt capital gain of approximately EUR 430 million in the City Solutions segment’s first-quarter 2020 results. The transaction is subject to customary closing conditions and is expected to be

BioGaia signs exclusive agreement in Tunisia

BioGaia has signed an agreement with Healthexport for the exclusive rights to sell BioGaia Protectis drops, BioGaia Protectis tablets and BioGaia Gastrus in Tunisia. The products will be sold under the BioGaia brand. Launch is planned to end of 2020.Healthexport is a Tunisian company founded in 2011 that focuses on promotion and distribution of drugs and medical devices in female health and the ophthalmology field. BioGaia’s probiotic products will be marketed towards pediatricians, gastroenterologists and general practitioners. Healthexport will create a new marketing and sales team

The proposal of Valmet’s Nomination Board for the composition and remuneration of the Board of Directors

Valmet Oyj’s stock exchange release on December 20, 2019 at 3:30 p.m. EET Proposal for the composition of the Board of Directors Valmet’s Nomination Board proposes to the next Annual General Meeting, which is planned to be held on March 19, 2020, that the number of members of the Board of Directors for the term expiring at the close of the Annual General Meeting 2021 will be seven, and that · Aaro Cantell, Pekka Kemppainen, Monika Maurer, Mikael Mäkinen, Eriikka Söderström, Tarja Tyni and Rogerio Ziviani are re-elected as Board members, · Mikael Mäkinen is re-elected as the

Waystream signs frame agreement

Swedish tech-company Waystream, a leading provider of switches for fiber and city networks, has signed a frame agreement with a large Danish operator to upgrade existing customer connections. The first order is expected in early 2020 and means that Waystreams new access switch ASR8048 will be used to replace existing equipment from another vendor. Using the ASR8048 it is possible to offer services up to 10Gbit/s speed on each connection.The ASR8000 is Waystreams new flagship product that was launched in the summer of 2019. It comes in models with 24 or 48-ports 10Gbit/s for connection of

There are no items matching the current filter
There are no more items matching the current filter
Back to top