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Sandvik receives large tubular order

Sandvik’s business area Sandvik Materials Technology, a world-leading developer and producer of advanced stainless steels and other high-performance materials, has secured a major order for advanced tubes related to the energy segment. The order value is approximately 500 million SEK, booked in the second quarter of 2018, and deliveries are primarily scheduled as from 2020. Stockholm, 5 June 2018  Sandvik AB For further information, contact Ann-Sofie Nordh, Vice President Investor Relations, tel: +46 8 456 14 94 or Martin Blomgren, Press and Media Relations Manager, tel: +46 70 577

Lesjöfors Gas Springs in Latvia speeds up automatization

Lesjöfors has a constant focus on streamlining the production with automatized processes at all units. Consequently, a new piston rod assembling machine for gas springs production has been installed in the Latvian company. In order to reduce manual elements in the production process, Lesjöfors is putting the spotlight on implementing new, updated machinery in all production units. At Lesjöfors Gas Springs in Liepaja, Latvia the first steps in a development program in the gas springs  manufacturing line has been taken with an

ABB to upgrade landmark substation in Helsinki

ABB Ability™ to support digitalization of Fingrid and improve power reliability for 800,000 customersABB will upgrade one of Helsinki’s largest substations with its latest ABB Ability technology, to help meet increased demand for power, improve power reliability and assist Transmission System Operator, Fingrid, with its plan to digitalize its assets. Housed in an award-winning glass-clad building, the new 400-kilovolt (kV) Länsisalmi substation plays a key role in Finland’s transmission grid. As part of the project, ABB replaced an outdoor air-insulated switchgear (AIS) installation with

Jörgen Hermansson from Södra becomes new chairman of European Wood

At European Wood’s meeting on Tuesday 29 May, Jörgen Hermansson of Swedish forest company Södra was appointed the new chairman, succeeding Jan Söderlind of the industry organisation Swedish Wood. European Wood is a collaborative platform based around the European sawmill industry whose aim is to influence building regulations and standardisation, primarily in China and Japan. In addition to Sweden, which is responsible for coordinating the work, the body also includes representatives from the sawmill industry in Norway, Finland and Austria.European Wood has been active in the Chinese market

Teleste and Iskratel deploy hybrid GPON and DOCSIS solution

Cologne, Germany, 5 June 2018 – One of the leading Central European cable and satellite operators has successfully completed the testing of a hybrid last-mile broadband solution jointly provided by digital transformation leader Iskratel  and Teleste , a specialist in broadband video and data communication systems and services. Combining Iskratel’s GPON technology with Teleste’s DOCSIS-based mini-CMTS – the DOCSIS® Access Hub (DAH) – the solution creates a fast and economical way for the operator to deliver gigabit broadband and new

Mats Liedholm appointed MD of Fazer Lifestyle Foods

Mats Liedholm has been appointed Managing Director of Fazer Lifestyle Foods and member of the Fazer Group Management Team. He has broad experience from the FMCG businesses in the Nordics as well as from leading roles in retail companies. Mats Liedholm has been working for ICA Sweden as Head of Marketing since 2014. He will start in his position at the latest in November. Mats Liedholm has a strong background in consumer-driven businesses in Fazer’s main markets. His experience from both FMCG and retail will be a great asset in leading and developing Fazer Lifestyle Foods. Prior to ICA,

New head of EVRY Norway

Per Kristian Hove has been appointed as the new head of EVRY Norway. He will replace Kolbjørn Haarr, who has decided to resign from EVRY.“I am pleased that Per Kristian Hove has said yes to leading EVRY in Norway. Per Kristian Hove has extensive experience from IT and technology companies and strong expertise in digitalisation and change management. He worked for EVRY over the last three years and knows the company well from his time as head of our delivery unit Digital Platform Services and as SVP Sales in Norway”, comments Björn Ivroth, CEO of EVRY. Per Kristian Hove is

New Valmet Paper Lab offers improved usability and faster testing with upgrade potential for existing users

Valmet Oyj's trade press release on June 5, 2018 at 11:00 a.m. EET A new operator interface for Valmet's successful paper testing system Paper Lab opens new opportunities for users by making automated paper testing more accessible, faster and even easier to use with minimum training. Paper Lab is suitable for testing all grades of paper and board with a wide selection of industry standard paper quality tests. The new interface makes entering sample data quick and easy with an integrated barcode reader with graphic and dynamic display pages guiding the user through every step of the

Stockholm Pride supports Baltic Pride

Stockholm Pride has decided to support Mozaika, Rigas LGBTQ-organization, with €4000 to help them in their arrangement of Baltic Pride. The money comes from Stockholm Prides solidarity fund which purpose is to support Pride festivals at more vulnerable places. – Stockholm Pride wants to actively take part in the global Pride movement. The work Mozaika is doing is truly important and we are proud to be able to support them in arranging Baltic Pride, says Britta Davidsohn, president of Stockholm Pride. According to latest ILGA-Europe Rainbow map  and

Geriatric nurses, nurses, midwives: Germany urgently seeks skilled workers worldwide

Hamburg – The demand for caregivers in Germany has risen almost 50% since 2015([i] ). Currently there is a shortage of 35,000 workers among geriatric and other nursing staff alone. While there is a similar lack of midwives too, where the number of vacancies has doubled since 2017([ii] ). By 2030, the shortage of workers in the healthcare sector will increase to just under one million people – in addition to 165,000 physicians, there will be a shortage of 800,000 non-medical healthcare professionals ([iii] ). Without

Peab builds the terminal at Scandinavian Mountains Airport in Sälen

Peab has been commissioned to build the new airport terminal in Sälen along with the accompanying garage and infrastructure. The customer is Scandinavian Mountains Airport AB and the contract is worth SEK 232 million.The terminal, which will be around 6,000 m2, will contain four gates and handle both domestic and foreign flights. The garage of around 3,000 m2 will contain a fire station, workshop, washing facilities and space for the maintenance vehicles necessary for running a modern airport. Peab will also build the infrastructure accompanying the terminal like parking spaces and a

Glaston participating in Finland’s first industry-oriented machine learning project

GLASTON CORPORATION             Press Release                    6 June 2018 at 10.00Launched within the framework of DIMECC Oy’s LIFEX programme, the MIDAS project, which focuses on artificial intelligence, is Finland’s first machine learning project in industry. In addition to Glaston, the key actors of the two-year group project are Novatron, Nokia Technologies, Epec and Tampere University of Technology. The project is significant for the fact its research topics are business-oriented. Glaston’s research topic is focused on tempering machine artificial intelligence, aimed at a

Predatory mites are saving birches

Södra’s nursery in Falkenberg is now using a biological method of pest control for the very first season, which means using beneficial animals instead of traditional chemical pest control. The biological method is more sustainable and creates a better work environment.Indoor cultivation of birch is new in Sweden, and the greenhouse in Falkenberg was only opened last autumn. The birch seedlings grow well in the greenhouse environment – but pests, such as aphids and thrips, also thrive in the warm and protected environment. Some form of pest control is needed for the seedlings to survive.

Volotea now offers flights between Munich and Montpellier as well as Munich and Zaragoza

Taking off with Volotea for the Mediterranean: The Spanish airline now operates two weekly flights with a Boeing 717 from Munich to Montpellier in the south of France and to Zaragoza in north-eastern Spain. The Montpellier service departs on Tuesdays and Fridays, and the flights to Zaragoza on Mondays and Thursdays. Other destinations already served by Volotea from Munich are Bordeaux, Mykonos and Asturias. The new flights will serve three enchanting cities: At the center of Montpellier is the car-free historic town center, lined by splendid mansions, and the Place de la Comédie, with

Trelleborg’s 2018 Capital Markets Day

Trelleborg is today arranging a Capital Markets Day in Stockholm, Sweden. The program includes a review of Trelleborg’s strategic priorities and objectives, the Group’s financial performance and how Trelleborg is working to make it easy for customers to do business with the Group. Presentations will be held by President and CEO Peter Nilsson, CFO Ulf Berghult and the Group’s business area presidents. All presentations will be available at www.trelleborg.com. President and CEO Peter Nilsson will confirm Trelleborg’s market outlook for the second quarter 2018, issued on April 25, 2018,

Prominent US healthcare provider chooses Sectra for enterprise-wide imaging

Linköping, Sweden and Shelton, CT – June 5, 2018 –  International medical imaging IT and cybersecurity company Sectra  (STO: SECT B) has been awarded a contract to install its enterprise imaging PACS throughout Sanford Health. The Sectra solution, integrated with the Epic EMR, will enable access and sharing of images and information across the entire clinical pathway.The Sectra platform will offer consistency throughout the health system and will provide collaboration across sites as well as a reduction in IT complexity. Sanford Health is the largest, rural, not-for-

FSA APPROVAL OF SHARE CAPITAL REDUCTION AND NEW SHARE BUY-BACK

Approval of share capital reduction: In accordance with the purpose of the buy-back programme carried out between the annual general meetings in 2017 and 2018 respectively, the annual general meeting of DNB ASA held on 24 April 2018 resolved a reduction in the company’s share capital of NOK 244,319,730, from NOK 16,287,988,610 to NOK 16,043,668,880, by deletion or redemption of a total of 24,431,973 shares. The Norwegian FSA has now approved the capital reduction, which will be notified to the Norwegian register of business enterprises within a short time. This will trigger a six week

XVIVO Perfusion launches Perfadex Plus, an upgraded ready to use version of Perfadex

XVIVO Perfusion has spent nearly five years developing a ready to use version of its´ product for cold preservation of lungs. The new upgraded version of Perfadex is named Perfadex Plus and the company has filed for patent for Perfadex Plus. It is currently being launched in European countries and is expected to be available in all major markets within 12 months.Perfadex is the market gold standard and has been marketed by XVIVO Perfusion since 1999. It is used for cold preservation of lungs i.e. flushing away donor blood and preserving the donated lungs before transplantation. It is being

NEXT Biometrics Receives Key Hardware Certification for India’s Aadhaar Government ID Program

Initial Revenues Expected in 4Q 2018OSLO -- JUNE 5, 2018 -- NEXT Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, today announced the company has received hardware certification to provide its unique fingerprint sensor solution to India’s Aadhaar government ID program. Aadhaar is the largest and most sophisticated biometrics-based government ID system in the world.                   The certification enables NEXT to accelerate sales activity into India’s government ID market, with initial revenue expected to be recognized in the fourth quarter.

Telia to use next-generation Remote PHY technology from Teleste and Cisco to improve IP network capacity

TURKU, FINLAND – 5 June 2018 – Teleste Corporation today reveals that its Remote PHY-based intelligent node, AC9100 Neo RPD, has been implemented by Telia, a leading provider of broadband and telecommunications services in Finland. Teleste’s node is in operation in Telia’s live network alongside Cisco’s cBR-8 CCAP core. The implementation shows that  the Remote PHY (R-PHY) distributed access technology today is ready for operators who wish to safely invest in future development of their networks and services. “Our learnings prove that the Remote PHY technology fits extremely well with

Starwood completes the public cash offer to the shareholders of Victoria Park

· Starwood’s Offer has been accepted by shareholders representing a total of 27,074,397 Class A, 32,486,304 Class B and 180,348 preference shares, corresponding to 24.4 per cent of all shares and 32.1 per cent of all votes in Victoria Park. · Starwood completes the Offer to the shareholders of Victoria Park and all conditions for the completion of the Offer have thus been met or waived. · Starwood confirms that settlement will commence on or around 11 June 2018. · The acceptance period expired on 1 June 2018 and will not be extended. On 1 April 2018, Starwood Global Opportunity

Appointment of Independent Non-Executive Director

5 June 2018 Faroe Petroleum plc ("Faroe Petroleum" or the "Company") Appointment of Independent Non-Executive Director Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce the appointment of Katherine Roe as an Independent Non-Executive Director.    Katherine's career began in investment banking in the City of London, starting with Morgan Stanley and then as a Director of investment banking at Panmure Gordon. For her last four years at Panmure Gordon, she

Cinnober sells 60% of subsidiary Irisium to KRM22

Cinnober announces that it has sold 60% of its subsidiary, Irisium, to KRM22 plc, the technology and software investment company, with a particular focus on risk management in capital markets. London-based Irisium is a real-time market surveillance solution which offers market operators a seamless path from the detection of market abuse to presentable evidence. The terms of the transaction are: · KRM22 is purchasing 60% of Irisium’s equity and debt from Cinnober for £2.571 million in cash; Cinnober will retain a 40% ownership stake in Irisium. · There is further potential

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