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Nordea takes Open Banking beyond PSD2

Nordea is launching Instant Reporting, a new Open Banking solution that enables corporate customers to access their own accounts and integrate real-time data with their own systems and processes. It is the first offering from Nordea that moves beyond legal requirements in PSD2 and turns Open Banking into a commercially viable product. PSD2 (Payment Services Directive) is an EU directive that requires banks to open to third parties to offer their services to the bank’s customers. This is intended to increase competition in the banking sector and is often called Open Banking. Nordea has

The H&M group’s sales development for the full-year 2018 including the fourth quarter 2018

The H&M group continued to grow globally during 2018 in a rapidly changing fashion industry. The H&M group’s sales including VAT increased by 5 percent to SEK 244,266* m (231,771) in the financial year of 2018. Sales excluding VAT increased to SEK 210,415* m (200,004). In local currencies, sales including VAT increased by 3 percent.In the fourth quarter of 2018, i.e. during the period 1 September 2018 to 30 November 2018, sales including VAT increased to SEK 65,449* m (58,481). Sales excluding VAT increased to SEK 56,429* m (50,407), an increase of 12 percent compared to the corresponding

EQT Real Estate expands French portfolio with office acquisition in Paris for EUR 42 million

· The transaction represents EQT Real Estate’s fourth acquisition in Paris – a 9,050 square metre vacant office property for a price of EUR 42 million · The property is located on rue Mozart in Clichy Saint-Ouen, North Paris, less than 200 metres away from a new Metro station due to open in 2020 · The investment represents the EQT Real Estate I fund’s ninth investment to date The EQT Real Estate I fund (or “EQT Real Estate”) continues to invest in established European office markets and today announces the acquisition of a vacant office property located in Clichy Saint-Ouen,

Tele2 secures loan from the Nordic Investment Bank

Stockholm – Tele2 AB (Tele2) (Nasdaq Stockholm: TEL2 A and TEL2 B) today announces a SEK 2 billion loan agreement with the Nordic Investment Bank (NIB) for the financing of Tele2’s merger with Com Hem.The additional funding from NIB will extend Tele2’s maturity profile and achieve further diversification of its funding. This will include a cancellation of Tele2’s existing loan from NIB (EUR 130 million), which will result in new proceeds of approximately SEK 650 million. NIB is an international financial institution owned by eight member countries: Denmark, Estonia, Finland, Iceland,

ASSA ABLOY acquires Lorient in the UK

ASSA ABLOY has acquired Lorient, a leading designer and manufacturer of high performance door sealing systems based in the UK with half of sales exported outside of the UK and EU. "I am very pleased to welcome Lorient and their employees into the ASSA ABLOY Group. This acquisition delivers on our strategy to strengthen our position in the mature markets through adding complementary products and solutions to our core business,” says Nico Delvaux, President and CEO of ASSA ABLOY. “Lorient is a very attractive addition to the EMEA division thanks to its strong position in the UK fire

Demeter Finance announces a public cash offer to the shareholders of DDM Holding

The Offer is not being made, and this press release may not be distributed, directly or indirectly, in or into, nor will any tender of shares be accepted from or on behalf of holders in, Australia, Hong Kong, Japan, Canada, New Zealand, South Africa or the United States of America, or any other jurisdiction in which the making of the Offer, the distribution of this press release or the acceptance of any tender of shares would contravene applicable laws or regulations or require further offer documents, filings or other measures in addition to those required under Swedish law.Demeter Finance

Kesko’s sales grew in November

The sales of Kesko Group’s continuing operations in November 2018 totalled €900.1 million, representing an increase of 1.6% in comparable terms. The reported sales from continuing operations increased by 1.4%. "Sales grew in the grocery trade and in the building and technical trade. In the car trade, sales decreased due to the implementation of the new WLTP emissions testing in Europe," says Mikko Helander, Kesko’s President and CEO. Sales in the grocery trade totalled €458.8 million in November, an increase of 2.8% in comparable terms. Sales grew in all chains. Reported sales in

H&D Wireless receives breakthrough order

–  Keolis invest in IoT technology for efficiency of bus depot - order value 1.2 MSEKStockholm 17th December 2018 - Nasdaq First North Listed H&D Wireless AB has received an order from Keolis. The bus and transport company will install H&D Wireless IoT system solution GEPS™ Yard Manager in the Hornsberg and Bromma depots. This is to streamline its flow and facilitate planning of maintenance, repair and save work time for staff. The initial order has a value of 1.2 MSEK. A bus depot is a logistical challenge. All buses will go out at the same time in the morning and then return to the

High negative pressure limits dispersion of airborne contaminants in hospitals and renovation sites

Maintaining a high negative pressure in airborne infection isolation rooms of hospitals (over -10 Pa) and in renovation sites (over -5 Pa) effectively limits the dispersion of airborne contaminants and dust, a new study from the University of Eastern Finland shows. Inhaled airborne particles at work can cause adverse health effects, and this is why it is important to prevent exposure to them. Moreover, the control of contaminants released from internal sources within an enclosed workspace also plays an important role in protecting other persons working in or occupying adjacent areas from

NCC to build new Fornudden school in Tyresö for just over SEK 300 million

NCC has been commissioned by Tyresö Municipality to build the new Fornudden school in Tyresö, outside Stockholm. The order value is just over SEK 300 million.[Illustration nya Fornuddens skola i Tyres] Image: Tengbom “Tyresö is growing, and we are in need of a new school in the municipality. In Fornudden, in the Trollbäcken district, we are now building a new school in partnership with NCC that meets our future demands and that will replace the old Fornudden school,” says Monica Larsson, Head of the Child and Education Administration at Tyresö Municipality. The new school will

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Hemfosa acquires healthcare properties in Western Sweden

Hemfosa has acquired three modern healthcare properties in Stenungsund Municipality, Uddevalla Municipality and Vänersborg at a total property value of approximately MSEK 108. The acquisitions are a good complement to the existing portfolio and strengthen the cooperation with Region Västra Götaland, one of Hemfosa’s major tenants.In Stenungsund and Uddevalla, Hemfosa has acquired two healthcare centers with Region Västra Götaland as the largest tenant. The fully leased properties have a leasable area of 2,600 sqm and a remaining lease term of eight years. Annual rental income totals MSEK 5.

Share buy-backs in Telia Company during week 50 2018

During the period December 10, 2018, until December 14, 2018, Telia Company AB (publ) (LEI code 213800FSR9RNDUOTXO25) has repurchased in total 2,506,000 own shares (ISIN: SE0000667925). The share buy-backs form part of the SEK 5 billion share buy-back programme that Telia Company announced on April 20, 2018. The share buy-back programme, which runs between April 23, 2018, and March 22, 2019, is being carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and the Commission Delegated Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation").During the period

Polygiene Opens Subsidiary in Hong Kong, China

Polygiene, the world-leading provider of odor control technology and Stays Fresh solutions, is opening a subsidiary, Polygiene Hong Kong Ltd, in Hong Kong, China.This is done with the aim to further strengthen the presence of the company in one of the leading and most dynamic markets in the world. “Asia is, and will continue to be, an important market ahead. Our strong presence in the area is key, and since China plays a major role, Hong Kong is the best decision both strategically and on a geographic level. Local staff has already been offering production support for partners in Hong

Investor comments on ABB

· After successful transformation, now right time to divest Power Grids                                                                                                                                                                       · Supports the board’s decision on new simplified organization As announced today, ABB will divest the majority of its Power Grids division to Hitachi Ltd. As ABB’s largest shareholder, Investor fully supports this transaction. “As a long-term, engaged owner, we focus on what we believe is best for each individual company, supporting them to become

Old mines cast a long shadow on their surroundings

Local stakeholders need more information than is currently available to them on the impacts of former mining activities on ground water and surface water, potential soil contamination, and the safety of natural products, a new study from Finland shows. The majority of the respondents generally regarded post-mining sites as unpleasant places that are in need of better reclamation and landscaping measures. “Our study shows that more attention should be paid to post-mining land use planning. This is important especially when we take into consideration the fact that the demand for various

Swedish Land and Environment Court revokes city plan for Bromma Boardwalk – SSM not liable to pay purchase price of 500 MSEK

In March 2017, SSM acquired the Bromma Boardwalk project (part of the Vanderberg 9 property) from Niam V SIC Bostad Holding AB. The municipality of Stockholm finalized the city plan shortly after the acquisition, but the decision was overturned when neighborhood residents launched an appeal about the project. The purchase price for the project was 500 MSEK, of which SSM has paid 10 MSEK in cash. The payment was contingent on the city plan for the project gaining legal force and that the property formation occurred prior to February 28, 2019.  On December 14, 2018, the Swedish Land and

Boys with good motor skills excel at problem-solving, too

Boys with good motor skills are better problem-solvers than their less skilful peers, a new study from Finland shows. In contrast to previous studies, the researchers found no association between aerobic fitness or overweight and obesity with cognitive function in boys. The results are based on the Physical Activity and Nutrition in Children (PANIC) Study conducted at the University of Eastern Finland, and they were published in Medicine & Science in Sports & Exercise. The study found that boys with better motor skills at baseline had higher cognitive scores over a two-year follow-up

ABB: Shaping a leader focused in digital industries

Fundamental actions to focus, simplify and lead in digital industries for enhanced customer value and shareholder returns–      Focus of portfolio on digital industries through divestment of Power Grids · Divestment of Power Grids to Hitachi expands existing partnership and strengthens Power Grids as a global infrastructure leader with enhanced access to markets and financing · Enterprise Value of $11 billion for 100% of Power Grids, equivalent to an EV/op. EBITA multiple of 11.2x[1] 

Change in Ferronordic’s management

Press Release Stockholm, 17 December 2018Ferronordic’s CFO, Anders Blomqvist, has informed that he intends to leave his position in the company. Anders Blomqvist has been engaged in Ferronordic since the company was founded in 2010. After almost ten years with the company he has decided to look for new challenges. Anders Blomqvist will continue in his current role until the middle of February 2019. Thereafter, the intention is that Anders might assist Ferronordic in different projects on a consultancy basis but he will no longer be involved in the company’s daily operations. "As

Revenio Group Corporation: Revenio Group's financial reporting and annual general meeting in 2019

Revenio Group Corporation, Stock Exchange Release, December 17, 2018 at 8:00REVENIO GROUP'S FINANCIAL REPORTING AND ANNUAL GENERAL MEETING IN 2019 During 2019, Revenio Group Corporation will publish the following financial reports: · Financial Statements bulletin in regard to 2018 on Thursday, February 14, 2019 · Interim Report 1-3/2019 on Wednesday, April 17, 2019 · Interim Report 1-6/2019 on Monday, August 5, 2019 · Interim Report 1-9/2019 on Thursday, October 24, 2019 Due to an amendment in the Securities Market Act, which came into force on 26 November 2015, Revenio

NEXT Biometrics Samples FAP20 Sensors to Selected Customers

OSLO, Dec. 17, 2018 – NEXT Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, today announced it has started to sample the One Touch ID FAP20 compliant sensor to prospective customers. FAP20 is a standardized format for biometric sensors used in government applications. NEXT Biometrics’ One Touch ID sensor offers superior fingerprint acquisition quality in an ultra-compact form factor. It is designed to replace bulky optical scanners in applications such as mobile verification terminals, voting terminals and point of sales. It is also adapted for integration

Christian Hermelin resigns as CEO in 2019

After almost 25 years at Fabege, of which over the past 12 years as President and CEO, Christian Hermelin has informed Fabege's Board of Directors that he has decided to leave the company. In order to ensure a smooth succession, Christian has agreed to remain as CEO until a successor has taken over the role. The board will now initiate a recruitment process.“Through his strong commitment, leadership and good industry knowledge, Christian Hermelin has navigated Fabege through the global financial crisis, while developing a clear and successful strategy that has strengthened Fabege's position.

Magnolia Bostad loses claim in arbitration

Magnolia Bostad has lost a dispute in arbitration and, as a result, has a negative earnings impact in Q4 2018.In 2015, a company within Magnolia Bostad entered into a share transfer agreement regarding the acquisition of a property-owned company. Magnolia Bostad then made demands on the seller for warranties in the share transfer agreement. The seller disputed the claim.  An arbitration decision has been made by the Stockholm Chamber of Commerce Tribunal, in which the subsidiary of Magnolia Bostad has had its warranty claim dismissed. Magnolia Bostad has been ordered to pay the costs of

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