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Economically driven industrial production is revolutionising construction

Metsä Wood’s customer Lehto Group is a Finnish company specialising in economically driven construction. It aims to replace traditional on-site construction with industrial production, which is more cost-effective and ensures higher quality. Homes will increasingly be built in factories, where it is easier to control the quality and costs of production.Traditionally the construction projects are implemented on-site, regardless of the conditions and amount of natural light. According to Hannu Lehto, CEO of Lehto Group, this leads to inefficiency: “We want to make processes more efficient and

Kleresca® achieves MDSAP certification

Ballerup, Denmark, December 2018. Kleresca®, a medical technology company focused on the development and commercialisation of a unique biophotonic technology in dermatology, has been certified according to The Medical Device Single Audit Program (MDSAP).Audited by the National Standards Authority of Ireland (NSAI), Kleresca® has been certified to be compliant with the standard and regulatory requirements for the medical device markets of Australia and Canada. With minor additional audits and approvals, the certification will also apply to Brazil, Japan and the United States. The MDSAP

Marching Into 2019 as a Top European Solution Provider

Zalaris continues to expand across Europe and beyond in 2018, as part of its ongoing quest to provide leading payroll and HR services for enterprises looking to further digitize and simplify their processes.The company’s hard work has been recognized several times this year, culminating last week  in HR Tech Outlook’s listing of Zalaris among its Top 10 HR Solution Providers in Europe. The publication evaluated more than 500 solution providers as part

EMBARGOED UNTIL Mon 7.1.2019: ‘Of machines and people’ is a book portraying Wärtsilä’s journey to global prominence

Wärtsilä Corporation, Press release, 19 December 2018 at 2 pm EET“In the future, machines will do the perfunctory jobs that humans do right now. Employees need to be increasingly creative: they need to use their brains and question things. And the management needs to let them try and fail, because that is the only way to learn and create something new.” This is how the renowned futurist Alvin Toffler predicted the future when he visited Wärtsilä’s shipyards in 1983. Did Toffler’s predictions come true? What has happened at Wärtsilä after Wilhelm ‘Vikkelä-Ville (Quick Willy)’ Wahlforss, a

New Head of Saab Latin America

Saab has appointed Fredrik Gustafson as new head of Market Area Latin America from 1 January 2019.Fredrik Gustafson is today the Vice president, Head of Marketing & Sales for the Latin American region. In his present role, Fredrik has been working to grow and diversify Saab’s business in the region while contributing to increase awareness about Saab and its business areas throughout the Latin American markets. Fredrik started his career in the Swedish Air force in 1989 as a technical officer. He began working for Saab in 2000 as manager of the training program for customers in Linkoping.

TargetEveryone AB announces a partially underwritten rights issue of convertible bonds of approximately MSEK 17.3 and takes up a bridge loan of MSEK 5

Pursuant to the authorization of the General Meeting held on June 28, 2018, the Board of Directors of TargetEveryone AB (publ) (“TargetEveryone” or “the Company”) decided on December 19, 2018 that the Company is to raise a convertible loan of a nominal maximum amount of approximately MSEK 17.3 with preferential rights for existing shareholders. The rights issue is underwritten to 59 per cent through external underwriting agreements. Parallelly, the Company has taken up a bridge loan of MSEK 5 from the underwriters. Preferential rights issue in brief The purpose of the rights issue is

PAXMAN receives second order from Teva in Mexico following successful market launch

PAXMAN announces that the company’s license partner Teva Pharmaceutical has ordered ten additional scalp cooling systems for Mexico after the successful market launch in November. Teva’s first order for 17 systems is currently being installed, with the first patient treatment at Centro Oncologico Internacional in Guadalajara last week.The market launch of the PAXMAN Scalp Cooling System in Mexico during a major exhibition event in Guadalajara in the middle of November was well received by leading cancer centres in the country. The demand is already substantial, and by quickly placing a

Africa Energy Closes Block 11B/12B Transaction in South Africa

VANCOUVER, December 19, 2018 /CNW/ – Africa Energy Corp. (TSX Venture: AFE) (Nasdaq First North: AEC) (“Africa Energy” or the “Company”), an oil and gas company with exploration assets offshore South Africa and Namibia, has received governmental approval and closed the previously announced transactions to acquire an effective 4.9% interest in the Exploration Right for Block 11B/12B offshore South Africa. Garrett Soden, Africa Energy's President and CEO, commented, “We are excited to partner with Total, Qatar Petroleum and CNRI on Block 11B/12B in South Africa. This is a unique

The MOL Operator Championship was played with NAPCON Games Distiller

Neste Corporation News 19 December 2018 MOL Group organized an Operator Championship with NAPCON Games Distiller between five MOL refineries and petrochemical plants during Autumn 2018. There were several teams competing in the semi-finals representing each production facility. Finals of the competition were held in Battaring, Szazhalombatta in Hungary during December. As part of the digitalized learning path introduced by NAPCON, NAPCON Games complement well classroom and simulator training. "I think operators are one of the most important workers in a production

YIT, HGR and their joint venture Regenero sold the Tietotie 6 property in Espoo, Finland

YIT Corporation Investor News                                                   December 19, 2018 at 1:00 p.m.YIT, HGR Property Partners and their joint venture Regenero have sold the Tietotie 6 property they owned in Otaniemi, Espoo to Special Investment Fund eQ Care (AIF). The leasable area of the property is approximately 26,000 square metres. The parties have agreed not to disclose the purchase price. “The Tietotie project exemplifies two of YIT’s strategic priorities: urban development together with partners and non-cyclical businesses represented by renovation services. The entire

Volvo Group divests majority stake in WirelessCar

The Volvo Group today signed an agreement to divest 75.1% of the shares in its wholly-owned subsidiary WirelessCar to the Volkswagen Group. The sales price amounts to SEK 1.1 billion. The divestment will, at the time of closing of the transaction, result in a positive impact on operating income of approximately SEK 1.5 billion and a positive cash flow effect of SEK 1.1 billion. Closing of the transaction is expected during the first half of 2019.WirelessCar provides connected vehicle services and solutions to global producers of passenger cars. “We are committed to remaining the leader

Etteplan renews its organization and structure to boost growth

Etteplan renews its organization, makes changes to its Management Group and to segment reportingEtteplan Oyj Stock Exchange Release December 19, 2018 at 1.00 p.m. Etteplan boosts growth and introduces a new global organization, where the service areas will form the reporting lines instead of the current country organization. At the same time the responsibility areas of the Management Group members will change, and the Management Group will get a new member. Etteplan’s Board of Directors has today in its meeting approved the changes which will become effective as of January 1, 2019. ”

Lipum receives 2.2 M€ grant from Horizon 2020

Horizon 2020, the EU framework program for research and development, will grant 2.2 million euros to Lipum’s ongoing development of a biological pharmaceutical for treatment of chronic inflammatory diseases.Lipum has identified the novel target molecule Bile Salt-Stimulated Lipase (BSSL). Preclinical studies have very successfully verified the concept in several well-established models for autoimmune chronic inflammatory diseases, e.g. Rheumatoid Arthritis (RA). A candidate drug, an optimized monoclonal antibody, is now about to be validated and tested. Also a novel approach to get early

Pressings specialists met for sharing technical knowledge

During two intense days in Stockholm, technical staff from the group´s companies in the business area Pressings met for sharing new knowledge, group discussions and networking.One of Lesjöfors´ core principles is to be in forefront of technology. Whatever requirement the customer has, our staff needs to be skilled to be able to solve the matter or get expertise from another specialized company in the group. That is why Lesjöfors arrange technical meetings annually for technical and sales staff, one meeting focusing on the industrial spring area and one for pressings 

Powerbox releases its United Nations Global Compact Communication On Progress report 2018

Powerbox, one of Europe’s largest power supply companies and a leading force for four decades in optimizing power solutions for demanding applications, has announced the release of its 2018 Communication On Progress report as a participant in the United Nations Global Compact initiative. The Communication on Progress (COP)  is an annual disclosure through which Powerbox (PRBX) informs stakeholders about its efforts to implement the ten principles of the United Nations (UN) Global Compact initiative.In this first annual Communication on

Attana to participate at “Affinity 2019” in Stockholm, Sweden June 26th to 28th

The Affinity 2019  conference is organized by the International Society of Molecular Recognition. Attana will participate with a scientific lunch seminar and an exhibition booth to engage industry leaders and researchers.The Affinity meeting has a long tradition, where scientists (amongst other this year Nobel laureate Gregory Winter) and engineers from academia and industry come together to exchange knowledge in the field of affinity technology, molecular recognition and its application in industry for health and disease, bioprocessing and biosensing. Attana’s

The offer document regarding European Entertainment Intressenter BidCo AB’s recommended public cash offer to the shareholders in Cherry AB has been made public

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. PRESS RELEASE

Saab Receives Launch order for Deployable Aircraft Maintenance Facility

Saab has signed an order to provide enhanced aircraft maintenance capability to the Hungarian Air Force, using the mobile solution Deployable Aircraft Maintenance Facility.Deployable Aircraft Maintenance Facility (DAM) is a mobile hangar solution that enables enhanced aircraft maintenance capacity combined with superior protection. DAM provides capability equivalent to stationary maintenance infrastructure, but at a fraction of the cost. “This is an important breakthrough for Saab as it marks the first order of the DAM, a fairly new offering in our product portfolio, however based on

Preem and the Shipping Company Sirius Donates Money to Mercy Ships

Preem and the shipping company Sirius donates a joint Christmas gift of a total of 81 900 SEK to charity organization Mercy Ships - which operates the world's largest civilian hospital ship.[Mercy Ships ombord] Preem’s long-term leased environmental tankers from Sirius shipping company apply “Just in Time”, which means that the vessels adjust speed to minimize the time of anchorage at the port. This application causes fewer vessels to anchors at our terminals, which results in lower fuel consumption and reduced environmental impact, saving a total of 81 900 SEK, money that Preem and Sirius

Peab builds health care center in Northern Norway

Peab has been commissioned to build a health care center in Hamnvik in Northern Norway. The customer is Ibestad Municipality and the contract is worth NOK 122 million.The project entails the construction of a new nursing home for 16 patients and two senior living facilities with six units each. The project is a turnkey contract and construction will begin in April 2019. Occupation of the nursing home is planned for the summer 2020, and the senior living will be ready to move into in the autumn of 2021. The project will be order registered in the fourth quarter of 2018. Illustration:

EAB Group Plc: Focusing of operations into two business areas and changes to the Executive Group

EAB Group Plc, Company Announcement, 19 December 2018, 11:50 a.m. (EET) EAB Group Plc: Focusing of operations into two business areas and changes to the Executive Group On 1 January 2019, EAB Group Plc ("EAB", "Company") will focus its operations into two business areas. The Company's Board of Directors has decided today 19 December 2018 upon this change to the organisational model as well as on the related changes to the Executive Group. Previously, the Company's business operations were divided into four business areas: 1) private customers, 2) Private Banking, 3) corporate

Raisio plc: Managers´ transactions

Raisio plc      Managers´ transactions 19 December 2018 MANAGERS’ TRANSACTIONS Person subject to the notification requirementName: Sundell, Ann-ChristinePosition: Member of the BoardIssuer: Raisio OyjLEI: 74370083282NHIP4QD02 Notification type: INITIAL NOTIFICATIONReference number: 74370083282NHIP4QD02_20181219093440_6____________________________________________ Transaction date: 2018-12-18Venue not applicableInstrument type: SHAREISIN: FI0009002943Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE OR REMUNERATION Transaction details(1):

Upward pressure on Swedish mortgage rates goes beyond Riksbank decision

On 20 December 2018, the Swedish central bank (the Riksbank) will announce whether it will raise its primary policy rate, or repo rate, for the first time since July 2011. It is uncertain whether the rate hike will happen now given weak inflation figures, slowing domestic growth, ongoing Brexit negotiations and a growing consensus that the global economy is wavering. However, a recent 25 bps increase in three-month STIBOR could indicate that the market expects a hike.NCR believes that although a repo rate hike is likely to result in higher mortgage rates, as was the case after a September

Raisio plc: Managers´ transactions

Raisio plc      Managers´ transactions 19 December 2018 MANAGERS’ TRANSACTIONS Person subject to the notification requirementName: Niemistö, LeenaPosition: Member of the BoardIssuer: Raisio OyjLEI: 74370083282NHIP4QD02 Notification type: INITIAL NOTIFICATIONReference number: 74370083282NHIP4QD02_20181219093306_5____________________________________________ Transaction date: 2018-12-18Venue not applicableInstrument type: SHAREISIN: FI0009002943Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE OR REMUNERATION Transaction details(1): Volume: 1,

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