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Better with Less – Design Challenge 2019–2020 announces an impressive jury of renowned packaging design experts

Metsä Board Corporation press release 18.6.2019The Better with Less – Design Challenge arranged for the first time in 2017–2018 was an impressive success, with over 300 packaging designs submitted to the competition. This year’s Design Challenge is approaching, and the world-class jury of renowned packaging design experts has now been announced. Last year, Metsä Board’s Better with Less – Design Challenge inspired students and professional packaging designers from 38 countries to contribute their work showcasing more environmentally-friendly packaging solutions. This year, the Better

Better with Less – Design Challenge 2019–2020 Competition: Jury of Renowned Packaging Design Experts Announced

The Better with Less – Design Challenge , the international packaging design competition, organized by Metsä Board, the European producer of premium fresh fiber paperboards, has announced its panel of jurors for the 2019 – 2020 Competition. Last year, Metsä Board’s inaugural Better with Less – Design Challenge drew over 300 entries and inspired students and professional packaging designers from 38 countries to contribute their work showcasing more environmentally-friendly packaging solutions. This year, the Better with Less – Design Challenge will again

Excess heat from Kilpilahti plants could cover one quarter of district heating of the Helsinki region

Neste Corporation Press Release June 18, 2019  at 12.00 (EET) The production plants of Neste and Borealis Polymers located in Kilpilahti, Porvoo, produce a significant amount of low-temperature excess heat, but no solution exists to utilize this energy. On the basis of a recently completed preliminary study by Neste, Borealis and energy companies in the Helsinki Metropolitan area, the use of excess heat in the production of district heating is technically feasible. Excess heat from the Kilpilahti plants could cover approximately one quarter of the district heating volume

Appointment in HKScan Corporation’s communications

HKScan Corporation, Press release, 18.6.2019, 12:00Heidi Hirvonen has been appointed as Senior Vice President, Communications, HKScan Group. Heidi Hirvonen has diverse communications and leadership experience in a listed company. She has a long career in the Raisio Group, where she was responsible for Group communications for the past 12 years. “Heidi Hirvonen’s solid communications expertise in a listed company and in effective investor and sustainability communications will be very supportive in the ongoing change and future building at HKScan,” says CEO Tero Hemmilä. Heidi Hirvonen

Strengthening the power of collaboration: Zwipe & Infineon extend their partnership

Munich, Germany, and Oslo, Norway – 18 June 2019 – Biometric technology company Zwipe and the world’s leading provider of semiconductor solutions in the payments market, Infineon Technologies AG, have extended their non-exclusive partnership through a long-term agreement. This settlement outlines both technical and commercial collaboration between the two companies. The two parties will co-define and develop advanced system-on-chip solutions and related system designs for mass deployment of biometric smart devices, including payment cards and wearables. Tap and go payments with biometric

Johan Halvardsson new President and CEO of Eleda Group

The Board of Directors of Eleda Group has appointed Johan Halvardsson as President and CEO. Since 2013, Johan is the Managing Director of Mark & Energibyggarna i Göteborg AB, a company within Eleda Group. Johan, who resumes the position with immediate effect, has extensive experience from the construction industry and has previously held various managerial positions within Skanska and Peab.“We are very pleased to be able to present Johan Halvardsson as the new President and CEO of Eleda Group. With Johan's long and solid experience from the industry and his excellent leadership, the Board

NENT Group extends Nordic rights to Danish Superliga football

· NENT Group’s Viaplay streaming service and TV channels to show Danish top-flight football until 2024 · NENT Group’s partnership with Danish football will now extend beyond 25 years · NENT Group shows more than 50,000 hours of the world’s best live sporting action every year Nordic Entertainment Group (NENT Group), the Nordic region’s leading streaming company, has extended its Nordic media rights to Danish football until 2024. Fans can continue to watch live coverage of Denmark’s Superliga, 1st Division and DBU Pokalen cup competitions on NENT Group’s Viaplay streaming service,

Korean government institution selects SimCorp Dimension as new core investment management solution

Inside Information, company announcement no. 25 SimCorp announces that it has signed a large 7-year subscription license contract with a Korean government institution. The institution will use SimCorp Dimension as a core, integrated investment management solution, leveraging the system’s Investment Book of Record, across front, middle and back office. The solution will be used for the institution’s entire range of assets, including alternatives, to enable more efficient execution of global investment strategies, and to minimize the number of vendors and solutions the institution

Bambuser appoints new CRO

Bambuser has appointed Martin Ericsson as new Chief Revenue Officer. Martin, who is recruited from Klarna, takes up his position on August 12, 2019.Martin Ericsson most recently worked for Klarna, where he held the position as Global Business Development Director. He has over 8 years of experience working internationally with leading global brands with an online presence. Martin’s main focus at Bambuser will be sales/partner strategy and establishing strategic partnerships, increasing brand awareness and secure that Bambuser is commercially competitive. “It is with great pleasure that

HiQ develops software for acclaimed tech start-up InviSense

HiQ has developed the software for start-up company InviSense’s smart moisture scanners, which have attracted considerable attention.“This is a new, exciting collaboration with a company that has new moisture-prevention products and services with the potential to completely revolutionize the construction industry,” said Patrik Holm, Managing Director of HiQ in Östergötland.For a property owner, moisture damage is often a major cost. The Swedish industry organisation Säker Vatten estimates that over 100,000 cases of water damage occur in Sweden every year at a cost of between SEK 5 and 10

Hemfosa publishes bond prospectus and applies for listing of its green bonds on the Sustainable Bond List of Nasdaq Stockholm

Hemfosa Fastigheter AB (publ) announced on May 9, 2019 that the company had issued a senior unsecured green bond loan in the total amount of 1,300 MSEK under a framework of 1,500 MSEK. The bond loan has a tenor of three years and a floating interest rate of STIBOR three months plus 240 bps and will mature on May 16, 2022. Hemfosa has applied for listing of the bond loan on the Sustainable Bond list of Nasdaq Stockholm. The bonds are expected to be admitted to trading on June 20, 2019. In connection with this Hemfosa has prepared a prospectus. The prospectus has been approved by, and

SCA signs credit facility agreement of SEK 5 Billion and secures a SEK 1 Billion loan from the Nordic Investment Bank

Svenska Cellulosa Aktiebolaget SCA (publ) has signed a new credit facility of SEK 5 Billion. The new facilitety is a refinancing of the current undrawn credit facilitys of SEK 8 Billion that was signed in 2017. The credit facility is primarily a back-up facility that will remain undrawn and serve as a liquidity reserve for the company.The facility has a maturity of 5 years containing two extension options of 1 year each. Participating banks are Svenska Handelsbanken, Danske Bank, Skandinaviska Enskilda Banken and Swedbank where they all acted as “Mandated Lead Arrangers” and ”Bookrunners”,

Catena extends property in Rosersberg

A 7,500 square-metre extension is to be constructed at one of Catena’s existing logistics facilities in Rosersberg, in the Municipality of Sigtuna north of Stockholm.18 June 2019, 10:00 a.m. CET  Catena is investing a total of SEK 65 million in the Rosersberg 11:81 property, which is being expanded by 7,500 square metres. This will provide additional warehousing and logistics space for the tenant, third-party logistics company Speed Logistics. Following the investment, which also includes modernising the existing premises, the property will be slightly more than 30,000 square metres in

Volvo Group partners with NVIDIA to develop advanced AI platform for autonomous trucks

The Volvo Group has signed an agreement with NVIDIA to jointly develop the decision making system of autonomous commercial vehicles and machines. Utilizing NVIDIA’s end-to-end artificial intelligence platform for training, simulation and in-vehicle computing, the resulting system is designed to safely handle fully autonomous driving on public roads and highways.The solution will be built on NVIDIA’s full software stack for sensor processing, perception, map localization and path planning, enabling a wide range of possible autonomous driving applications, such as freight transport, refuse

Swedish Space Corporation to introduce a new service for easy access to space – SubOrbital Express

SSC is currently developing Esrange Space Center in northern Sweden with both new capabilities and services. A testbed for reusable rockets is currently being established, and SSC aims at launching small satellites in a couple of years. In addition, SSC is now introducing a new flight ticket service for suborbital space flights, accessible and affordable for both current and new types of customers. The new concept introduces both the opportunity to fly fractional payloads, ranging from only a few kg up to 800 kg, and a substantially more frequent flight schedule. The flight ticket service

Valmet to supply an extensive paper machine grade conversion rebuild for Stora Enso in Finland

Valmet Oyj's press release on June 18, 2019 at 11:00 a.m. EET Valmet will supply an extensive paper machine grade conversion rebuild  for Stora Enso at its Oulu Mill in Finland. In the project, originally Valmet-supplied paper machine PM 7, which is currently producing fine papers, will be rebuilt to produce high-quality virgin-fiber-based kraftliner grades. The order is included in Valmet's orders received of the second quarter 2019. The value of the order will not be disclosed. The project

Swedish Energy Agency awards funding to Minesto’s innovative energy technology

Swedish marine energy developer Minesto has received additional public support and funding for the development and commercialisation of its marine energy technology called Deep Green. The Swedish Energy Agency has awarded Minesto a SEK 12.5 million grant to the development of the company’s marine power plant DG100.“Climate change and the transition to renewable energy is a global challenge in which Swedish technology like ours can play a significant role. It is therefore crucial that the Swedish innovation system is involved and supports the development of what could be a new Swedish export

Senzime contracts new CFO

Press release: Uppsala, June 18, 2019. Senzime AB (publ) today announces that the company hascontracted Erik Bergman as new CFO and member of the management team. Erik succeeds Jessica Roxhed as CFO and takes office on October 1, 2019.Erik Berman, B Sc in Business Administration and Economics, with more than 30 years of experience from senior positions in small and medium-sized listed or private companies within Life Science. Erik comes from a position as CEO of the vaccine adjuvant company Novavax AB, and since autumn 2018 he has worked at Senzime to a lesser extent via his own company.

The Riksbank’s Business Survey: Economic upswing gradually slowing down but trade conflicts are a source of concern

Economic activity is still good according to major Swedish companies, but, as earlier, they expect a weakening in the period ahead. This is revealed by the interviews in the Riksbank’s Business Survey from May.“Relations between the United States and China are vital for economic activity in the world” Companies in the manufacturing sector in general perceive the current economic situation as good. However, export companies see increased risks for economic activity in the world as a consequence of the ongoing trade conflicts. While unease has increased in the manufacturing sector, the

New sustainable technologies for wood-to-textile value chain enables increased production of man-made cellulose fibres in Europe

Press release 18 June, 2019 GRETE, the Green chemicals and technologies for the wood-to-textile value chain project, has been granted EUR 2.6 million by the Bio-based Industries Joint Undertaking (BBI JU), which is partnership between the EU and the Bio-based Industries Consortium. The project will improve the existing wood-to-textile value chains by developing breakthrough technologies that can open up the identified bottlenecks and enable increased production of man-made cellulose fibres in Europe. The GRETE project will tackle the bottlenecks of creating wood-to-textile value

Raisio plc: Announcement of conveyance of own shares

Raisio plc      Stock Exchange Release, 18 June 2019 ANNOUNCEMENT OF CONVEYANCE OF OWN SHARES In March 2019, Raisio plc’s Annual General Meeting decided that of the monthly reward of the Chairman and members of the Board, approximately 20% shall be paid by distributing shares held by the company and approximately 80% in cash. Rewards shall be paid in two equal lots during the term in June and in December. Raisio plc has assigned a total of 6,721 free shares (RAIVV) on June 18, 2019 (other conveyance) as a reward to the Chairman and members of the Board for their managing duties.

Medicover has issued its first commercial paper

Medicover  AB (publ) has issued its first paper under the newly established Commercial Paper Programme. The Commercial Paper Programme has a total size of MSEK 2,000 with the possibility to issue in both Swedish Krona and Euro. So far has MSEK 542 been issued with tenors between 2-6 months and yields between 0.55-0.70%. The proceeds will mainly be used for refinancing of maturing short-term borrowing. Arranger is Nordea Bank Abp and dealer is Nordea and SEB. The Commercial Paper Programme is seen as a complementary funding source to the Group’s 300 MEUR

Leanships project with Wärtsilä & partners achieves 3.5% fuel savings for ships with CPPs

Wärtsilä Corporation, Trade press release, 18 June 2019 at 10 am EESTThe technology group Wärtsilä, the Netherlands based Maritime Research Institute MARIN and Italian ship owner Grimaldi, have together successfully designed an Energy Saving Device (ESD), suitable for use by ships with Controllable Pitch Propellers (CPPs). Following model tests, and subsequent sea trials with Grimaldi’s ‘Grande Portogallo’, a 165 metres long Pure Car & Truck Carrier, fuel efficiency gains of 3.5 percent were confirmed. This translates into a pay-back period of only 1.3 years. According to Grimaldi; "The

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