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Valmet to supply an off-machine multinip calender for UPM Specialty Papers in Germany

Valmet Oyj's press release on June 20, 2018 at 11:00 a.m. EET Valmet will supply an off-line multinip calender for UPM Nordland Papier at its Dörpen Mill in Germany. The new off-line calender including Valmet's machine control system will be designed to give the final high quality for the demanding release and glassine paper grades after the grade conversion rebuild. The start-up of the machine is scheduled for the end of 2019. The order is included in Valmet's second quarter of 2018 orders received. The value of the order will not be disclosed. The total value of an order of this

SimCorp Strengthens Pan-European Presence, Merging its UK and Northern Europe Market Units

Press Release SimCorp , a leading provider of investment management solutions  and services to the global financial services industry, today announced that it is merging its Northern Europe and UK (covering UK, Ireland and Middle East) market units. The move is designed to address the changing requirements of the asset management industry, deliver enhanced scale and leverage expertise across units, to service SimCorp’s rapidly growing global client base. The move comes at a time when the buy side increasingly

FarmPharma AB wants to solve the antibiotics crisis - raises funds on FundedByMe

Antibiotic resistance is a growing problem that takes more than 700 000 human lives annually. An essential way of decreasing resistance is to stop feeding livestock with antibiotics. FarmPharma is the only product on the market that gives prevention and treatment of infections without antibiotics. Now the company launches a crowdfunding on FundedByMe.— Continuous spread of antibiotic resistant bacterias is a known threat to public health and we are glad to develop a product that will enable a drastic decrease in antibiotic use. Something that can diminish the threat, says Igor Lokot CEO of

Pelvic floor problems and incontinence: autoprosthesis significantly improves quality-of-life

Meeting of the International Urogynecological Association in Vienna under the leadership of MedUni Vienna/Vienna General HospitalDue to their anatomical difference and also the particular stresses associated with pregnancy and childbirth, incontinence and pelvic floor problems are particularly prevalent in women. Apart from incontinence, women can also develop pelvic floor muscle weakness, overstretching of the pelvic connective tissue and displacement of the pelvic organs. Their quality-of-life can be significantly improved by surgical transplantation of endogenous tissue to strengthen the

Miris obtains ETL certification for HMA

Miris has obtained the ETL Listed Mark for its Human Milk Analyzer (HMA). This certification is a requirement to comply with the new updated IEC standards for medical devices in Europe and also in accordance with UL and CSA in North America.The ETL certification mark proves that the Human Milk Analyzer is compliant according to the new updated International Electrotechnical Commission standards (IEC) for medical devices in Europe. These are widely accepted product safety standards for electrical safety and electromagnetic compatibility, and the certification has been issued through the

Gasum diversifies services by acquiring Enegia’s energy market services

The leading gas sector player in the Nordic countries, Gasum is acquiring the energy market services business of the energy industry expert company Enegia. The acquisition will strengthen Gasum’s Nordic strategy by enabling service expansion in the energy wholesale market and creating a platform for expanded product offering to its customers.Gasum has signed an agreement with Enegia to acquire Enegia’s energy market services business. The transaction covers the shareholdings of Enegia Consulting Oy, Enegia Portfolio Services Oy and intStream Oy. The transaction is anticipated to be

Investment-driven upturn to peak in 2018

The Swedish economy will peak this year. Next year, growth will slow, due partly to falling domestic housing investment. GDP growth will instead be propped up by burgeoning demand for Swedish export goods. At the same time, firms will continue to have difficulty recruiting workers with the desired skills, contributing to a gradual increase in wage growth. Such are the results of the latest forecast from the National Institute of Economic Research (NIER), published today.Swedish exports will gain considerable momentum during the autumn and continue to strengthen next year, which will boost

Tieto helps energy company Wiener Netze in Austria to rollout 1.6 million smart meters

Following a Europe-wide multi-level public tender for the implementation of smart meters, Wiener Netze, one of the biggest energy distribution companies in Europe, accepted the bid submitted by a consortium consisting of Siemens, Landis+Gyr and Iskraemeco. Wiener Netze is going to implement the rollout of 1.6 million smart meters in Vienna and its surroundings jointly with Siemens as the prime contractor supported by the consortium and technology partners, Tieto as one key contributor.The consortium will provide both the required technology (IT, transmission technology, meters) and the

Continued optimism in June

The Economic Tendency Indicator edged up from 108.6 in May to 108.7 in June and continues to reflect strong sentiment in the Swedish economy. However, the high level of the overall indicator is due solely to business confidence, as consumer confidence fell for a seventh successive month and is below the historical average.The confidence indicator for the manufacturing industry fell slightly in June but still points to a much stronger situation than normal. The signals are strong across the various subsectors. The decrease in June was due partly to a slight decline in firms’ historically

Scandic to divest one hotel in Pori

Rauman Hovi OY to take over operations of Cumulus PoriToday, Scandic has signed an agreement to divest the hotel operations of Cumulus Pori in Pori, Finland to Rauman Hovi OY. The operation of the hotel, which has 111 rooms, will be taken over by the buyer on October 1, 2018. -  We are happy that Rauman Hovi OY will take over the operations of Cumulus Pori and we are confident that they will operate and develop the hotel in the best way possible, says Aki Käyhkö, Managing Director of Scandic Hotels Finland. The reason for the disposal is that the decision by the Finnish Competition

Neste takes part in the Treesearch research platform focusing on forest based materials

Neste Corporation Press release 20 June 2018 at 10 am (EET) Treesearch research platform was inaugurated in Sweden in late May. To date it is Sweden's largest investment in research and the development of knowledge and competence in the field of materials and chemicals from the forest. Neste is one of the parties involved in the long-term research investment.Treesearch, where the continuation of the Wallenberg Wood Science Centre (WWSC) is a central factor, involves allocations of over a billion SEK over a 10-year period. Thanks to collaboration between academia, industry,

Apetit joins as a shareholder of the development company Foodwest

Apetit joins as a shareholder of the development company Foodwest Apetit Plc, Investor News, 20 June 2018 at 10:00 a.m. Apetit Plc has participated in a share issue of Foodwest Ltd, a food business development company, carried out in May-June 2018, and has subscribed 18.4 percent of the shares. Foodwest expanded its ownership base to enable the implementation of the planned factory investment and, consequently, to be able to provide its customers more versatile services. After the share issue Foodwest's main owners are Apetit, Atria, Valio and the City of Seinäjoki. "The

Advanced biofuels recognised as a fast-track option for transport decarbonisation - UPM Biofuels welcomes initial agreement on Renewable Energy Directive

(UPM, Helsinki, 20 June 2018 at 10:00 EET) - European institutions have come to an initial agreement on the revised Renewable Energy Directive. UPM Biofuels welcomes the agreement as it creates an obligatory advanced biofuel blending mandate in all EU Member States starting at 0.2% in 2022, double counted, and rising to 3.5% in 2030. "The UPM Lappeenranta Biorefinery, the world's first to produce wood-based renewable diesel on a commercial scale, has proven the potential as a significant producer of truly sustainable advanced biofuels. UPM BioVerno, which reduces GHG emissions up to 80%

Kiilto introduces a new type of permanent tack adhesive for loose lay floor coverings

The new Kiilto Pro Grip is designed for the installation of all types of loose lay floor coverings on both for non-absorbent and absorbent substrates.Thanks to its low viscosity, Kiilto Pro Grip is easy to apply either by a roller or trowel. Tack-up time before installation is only approx. 15 min depending on substrate’s absorbency and the amount of adhesive applied. Long tack time ensures good adhesion even after several hours from glue spreading. The flooring is easy to remove later and replace with a new flooring on the same adhesive bed. Kiilto Pro Grip can be removed from an non-

Evolution to install Dual Play Roulette for Casino Malta

Evolution Gaming, leading provider of Live Casino solutions, has announced that it has signed an agreement to install a bespoke Dual Play Roulette table at Casino Malta by Olympic Casino, the island’s newest and largest land-based casino.The Dual Play table, set within a five HD camera rig to allow on-premise and online players to play together at the same table, is expected to go live in Q3 this year. It will be located on the main gaming floor and will open 24 hours a day, seven days a week. Operated by Olympic Entertainment Group, the leading provider of gaming services in the Baltic

HYBRIT: Construction start for Globally-unique Pilot Plant for creating Fossil-free steel

Today, the ground will be broken for HYBRIT’s world-first pilot plant for creating fossil-free steel, with Swedish Prime Minister Stefan Löfven as keynote speaker. SSAB, LKAB, and Vattenfall have, together with the Swedish Energy Agency, decided to invest SEK 1,4 billion in the pilot plant. This means that the HYBRIT initiative now enters its second phase. The goal is a fossil-free, ore-based steel production, on an industrial scale.Prime Minister Stefan Löfven will today symbolically break the ground for the HYBRIT Pilot Plant in Luleå. The plant is expected to be ready by 2020. The

Alfa Laval wins another offshore order, value SEK 65 million

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply Framo pumping systems to an FPSO in the North Sea. The order has a value of approximately SEK 65 million. It is booked in the Pumping Systems unit of the Marine Division, with deliveries scheduled for 2018.The order comprises offshore pumping systems for injection of water into the production wells in order to optimize the extraction of oil. “Our reliable and proven pumping systems meet the offshore industry’s high demands when it comes to safety and quality. This order,

HYBRIT: Construction start for Globally-unique Pilot Plant for creating Fossil-free steel

Today, the ground will be broken for HYBRIT’s world-first pilot plant for creating fossil-free steel, with Swedish Prime Minister Stefan Löfven as keynote speaker. SSAB, LKAB, and Vattenfall have, together with the Swedish Energy Agency, decided to invest SEK 1,4 billion in the pilot plant. This means that the HYBRIT initiative now enters its second phase. The goal is a fossil-free, ore-based steel production, on an industrial scale.Prime Minister Stefan Löfven will today symbolically break the ground for the HYBRIT Pilot Plant in Luleå. The plant is expected to be ready by 2020. The

Pihlajalinna lowers its 2018 profitability guidance

Pihlajalinna Plc             Stock exchange release            20 June 2018 at 9:30 Pihlajalinna lowersits 2018 profitability guidance Pihlajalinna lowers its previously published 2018 profitability guidance for the Group. Pihlajalinna now estimates that the Group’s adjusted EBIT will be below adjusted EBIT of 2017. Pihlajalinna does not make any changes to its outlook for 2018 revenue, i.e. Pihlajalinna’s consolidated revenue is expected to increase clearly from 2017 level especially due to M&A transactions. Pihlajalinna develops its business operations in line with the Group’s

Million homes programme houses become self-sufficient in energy using PowerCell’s fuel cells

PowerCell Sweden AB (publ) has received an order from Nilsson Energy for a PowerCell PS-5 fuel cell system. The system will contribute to make a million homes programme house in Vårgårda self-sufficient in renewable energy. "Fuel cells and hydrogen will play a decisive role in the transition to a fossil-free and sustainable society. The project in Vårgårda is truly exciting and yet another testimony to the many possibilities that the fuel cell technology offers," said Per Wassén, CEO of PowerCell.Gothenburg, Sweden, June 20, 2018 The English version is an in house-translation. In case

TagMaster has received a significant order for the new RFID RailTag

Press release, Stockholm, Sweden, June 20, 2018 TagMaster, the leading supplier of advanced sensor systems for Smart Cities within Traffic and Rail Solutions has received a significant order for the new RFID RailTag to be used in London Underground. The new RailTag is an evolution of the successful MarkTag HDS FP with a proven track record in numerous CBTC Metro installations worldwide. The Marktag HDS FP has been sold in numbers of tens of thousands during the last 12 years. The new RailTag is designed to have a 20 year expected Service Life in CBTC applications and by this it

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