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Södra is acquiring Bergvik Skog AB’s forest holding in Latvia. The total area is 111,100 hectares, of which 80,300 comprise forest land.“This investment will secure some of our need for forest raw material. It will improve the structure of our wood imports by complementing our members’ wood deliveries and strengthening Södra’s competitiveness,” said Lars Idermark, President and CEO of Södra. Södra already owns 15,000 hectares of forest land in Latvia, and this acquisition will substantially strengthen the company’s position. “The new holding is also a good capital investment as a base

Dates for Husqvarna Group’s financial reports in 2019

February 5 Year-end report for 2018 April 24 Interim report for January-March July 16 Interim report for January-June October 22 Interim report for January-September The AGM will be held in Jönköping on April 9.

Nelly’s board to be strengthened

Nelly’s (NLY Scandinavia AB’s) board will be strengthened with Maj-La Pizzeli and Louise Nylén who possess long experience of fashion and digital marketing."We are now strengthening the board as a step in the process to run Nelly as an independent company. Since this summer, Qliro Group is evaluating a listing or a divestment of Nelly. Nelly is one of the Nordic region's strongest fashion brands online," said Marcus Lindqvist, President and CEO of Qliro Group. Louise Nylén is Deputy CEO of LeoVegas and was previously Chief Marketing Officer. In her roles at LeoVegas, she has among other

Stora Enso’s forest associate Bergvik Skog sells forestland in Latvia and increases fair values of biological assets

STORA ENSO OYJ INVESTOR NEWS 13 November 2018 at 12.00 EET Bergvik Skog AB, a Swedish forest holding company, has divested its ownership in its subsidiaries in Latvia where the company owned a total of 0.1 million hectares of forest land. Stora Enso owns currently 49.8% of Bergvik Skog.The transaction was finalised today, 13 November 2018. The selling price of the assets was EUR 324 million, and the gain on disposal net of transaction costs and taxes totalled approximately SEK 978 (EUR 95) million. Stora Enso’s share of the gain is approximately SEK 487 (EUR 47) million, subject to

Tethys Oil AB: Production update October 2018

Tue, Nov 13, 2018 10:59 CET

Tethys Oil's share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman amounted in October 2018 to 371,357 barrels of oil, corresponding to 11,979 barrels of oil per day. The Official Selling Price (OSP) for Oman Export Blend Crude Oil for the month of October 2018 amounts to USD 72.64 per barrel.[1] The OSP, as published by Sultanate of Oman's Ministry of Oil & Gas, is the benchmark price for Tethys Oil's monthly oil sales excluding trading and quality adjustments. Tethys Oil AB, through its wholly owned subsidiary Tethys Oil Block 3 & 4 Ltd, has

Lesjöfors´ UK company engineers the future

Springs have been at the heart of engineering since before the Industrial Revolution and now they are set to be a key part of today’s Robotic Revolution. In cooperation with Robot Studio, Lesjöfors is providing springs for the future.The Lesjöfors company European Springs & Pressings in Redruth, Cornwall has been working with the French based Robot Studio, an internationally recognised specialist supplier of biomimetic robot hardware, evolving the next level of robot interaction. Rob Knight, founder of The Robot Studio, says: “At the moment there are a lot of single purpose robots,

PostNord AB and GKN Powder Metallurgy joins forces to reduce time-to-market for 3D printed parts

Tue, Nov 13, 2018 10:36 CET

PostNord AB, the leading supplier of communication and logistic solutions in the Nordic region, today announced their partnership with GKN Powder Metallurgy, a leading innovation development partner of the manufacturing industry. This collaboration will make the 3D printing of parts in manufacturing a more open and accessible market.3D printing empowers global manufacturers to optimize their part supply chain with streamlined logistics that make it easy and fast to get parts where they need to go in the Nordic region, which will reduce time-to-market by up to 48 hours. “Metal 3D printing

Evac VacuConvert gives designers more choice by converting gravity toilets

Tue, Nov 13, 2018 10:30 CET

Vacuum toilets offer many advantages on luxury yachts and specialized cruise vessels including lower water consumption and a more efficient action. In the past, designers have tended to choose traditional gravity toilets because they are available in a wider range of colors and styles, but now Evac has developed a solution that gives them the best of both worlds. The Evac VacuConvert enables conventional wall-mounted gravity toilets to be easily and inexpensively turned into vacuum toilets. A special wall mounted frame, which can be concealed beneath panelling, enables them to be

Reduced use of antibiotics at AniCura

Tue, Nov 13, 2018 10:05 CET

12-18th of November is the World Antibiotic Awareness Week, a global initiative to spread knowledge about antibiotics and antibiotic resistance. Since several years, AniCura works actively to ensure a wiser use of antibiotics and today, AniCura presents a new study showing a decreased use of antibiotics in European veterinary care.In October, AniCura measured the use of antibiotics for the third consecutive year. The study, which is part of AniCura’s quality program, included 2,951 dogs in seven countries. In total, 11 percent of the dogs received antibiotics, a reduction with several

An enterprise model with integral responsibility for society and environment: Sympatex Technologies is B-Corp certified as of now

Tue, Nov 13, 2018 10:01 CET

Being awarded the internationally renowned B-Corp certification for exemplary corporate governance in the interest of society, the Munich-based functional textile specialist commits itself to public interest and environmental protection as its official corporate goals.Munich / Unterföhring, 13 November 2018 – As one of the first German companies of the textile industry, Sympatex Technologies GmbH is awarded the internationally renowned hallmark for above-average corporate governance in the holistic interest of society beyond corporate borders. B-Corp stands for a corporate concept which

Nokian Tyres plc: Shares subscribed with option rights

Nokian Tyres plc Total number of voting rights and capital November 13, 2018, 11:00 a.m. After August 21, 2018 registered new shares a total of 25,462 Nokian Tyres plc's shares have been subscribed with the 2013C option rights. These option rights are attached to the Nokian Tyres plc's Option Program of 2013. New shares have been registered into the Trade Register on November 13, 2018, as of which date the new shares will establish shareholder rights. The share capital will not increase with subscriptions made by 2013 option rights. The entire subscription price of EUR 504,911.46

Alfa Laval’s Capital Markets Day - summary

Alfa Laval’s Capital Markets Day, to be held today in Copenhagen, Denmark, will start with a presentation by Tom Erixon, President and CEO. He will talk about the fundamental shift that happened in 2017 as the company re-focused from acquired growth to organic growth. Both Tom Erixon and Jan Allde will be providing examples of implemented activities as well as upcoming initiatives.The company’s strategic pillars form the base for organic growth, focusing on improving the customer experience, enhancing product leadership and upgrading the service offer. In the customer dimension Alfa Laval’

ABB enables world’s first HVDC grid in China

Delivery of wind energy through network-based architecture will ensure more stable and reliable electricity to meet higher demand during Beijing 2022 Winter Olympic GamesThe Zhangbei high-voltage direct current (HVDC) grid in the Beijing-Tianjin-Hebei area of China will enable the integration of remote wind, solar and hydro energy in a transmission ring that ensures optimization of power flow. This unique “HVDC grid” is designed by State Grid Corporation of China (SGCC), one of the world’s leading power utilities. ABB will supply several critical elements including an HVDC Light valve, wall

UPM Raflatac's labeling innovations meet sustainability at Labelexpo India

Tue, Nov 13, 2018 09:45 CET

(UPM Raflatac, Helsinki, 13 November 2018 at 11:00 EET) - UPM Raflatac's international team of experts will be present at Labelexpo India on November 22-25 showcasing innovative labeling products. At UPM Raflatac, it is believed that labels are key to increasing brand impact, sales and operational efficiency, and together with UPM Raflatac label comes with sustainability built in its design. UPM Raflatac's Forest Positive RAFNXT+ range covers a wide variety of applications from labeling packaged food to labels used in retail. The raw material efficiency brings reductions in energy, water

Jin Jiang International and SINO-CEE Fund, through Aplite Holdings, completes the acquisition of 50.21 percent of the shares in Radisson Hospitality

On 9 August 2018, Jin Jiang International Holdings Co., Ltd. ("Jin Jiang") led international consortium, including SINO-CEE Fund (the "Consortium"), announced that the Consortium had entered into agreements with Radisson Hospitality Inc. and HNA Sweden Hospitality Management AB, an indirectly wholly-owned subsidiary of HNA Tourism Group Co., Ltd., respectively, to acquire shares in Radisson Hospitality AB (publ) ("Radisson AB"). The purchase price under the agreements is SEK 35.00 per share. The completion of the acquisition was subject to receipt of regulatory approvals and other

Lehto Group Plc: Managers’ Transactions

Tue, Nov 13, 2018 09:40 CET

Lehto Group PlcManagers’ Transactions13 November 2018 at 10:40 amLehto Group Oyj - Managers' Transactions ____________________________________________ Person subject to the notification requirement Name: MKA Consulting Oy Position: Closely associated person (X) Legal person (1):Person Discharging Managerial Responsibilities In Issuer Name: Karppinen, Martti Position: Member of the Board Issuer: Lehto Group Oyj LEI: 743700YEHY9I3ZDHNX66 Notification type: INITIAL NOTIFICATION Reference number: 743700YEHY9I3ZDHNX66_20181113095419_5 ___________________

GWS and Chubb expands business cooperation

Tue, Nov 13, 2018 09:30 CET

The insurance giant Chubb INA Holdings and GWS Production AB (GWS) in Lund will jointly continue to improve the employee travel security solution Chubb Travel Smart, for emerging markets. Chubb also extends the original agreement with GWS for another year to August 2021.In December 2017, Chubb´s Travel Smart App and System for travel risk management, powered by GWS, were launched and has been a major success in the market. With it´s unique technology platform, GWS can quickly reach users who are at risk with accurate and relevant information compiled by the company's qualified analysts.

Siemens introduces Additive Manufacturing Process Simulation solution to improve 3D printing accuracy

· New additive manufacturing process simulation helps predict distortion and shrinkage during the 3D printing process and helps avoid these issues by automatically generating a compensated model · Simcenter 3D solution for additive manufacturing process simulation is fully integrated within NX software for a streamlined feedback loop with no data translation required · Siemens’ integrated digital innovation platform allows simulation data to feed the digital thread, informing each step of the industrialized additive manufacturing processSiemens announced today a new Additive

Global A&D manufacturer Terma ensures data management and traceability with IFS Applications 10

Worldwide upgrade will see Denmark’s largest aerospace and defense (A&D) company roll out comprehensive IFS solution to all 1,600 staff IFS , the global enterprise applications company, announces that Terma , a global manufacturer and provider of military and civil electronics, software, and aerostructures, has chosen to upgrade its ERP platform to IFS Applications™ 10 .As the Danish defense industry's biggest player and a supplier to the F-35 Joint Strike

Peab builds 31 apartments in Norway

Peab has been commissioned to build 31 apartments in Ålesund in northwestern Norway. The customer is Mostein Boligutvikling and the contract is worth NOK 109 million.Kristoffergarden Åse Allé in Ålesund was drawn by Sporstøl Arkitekter. All in all Peab will build around 6,100 m2 in housing, common areas and a garage. Foundation work and landscaping are not included in the contract. The project is a turnkey contract and work begins in November 2018. Occupation is planned for the spring 2020. The project will be order registered in the fourth quarter of 2018. Illustration: Sporstøl

Itiviti receives global information security certification