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NORDEN writes down the value of its dry cargo fleet and makes provision with no cash flow effect of USD 340 million

Attached please find below text as PDF file. ____________________________________________________________________________________ Announcement no. 2 20 January 2016   NORDEN writes down the value of its dry cargo fleet and makes provision with no cash flow effect of USD 340 million. NORDEN writes down the carrying amount of owned dry cargo vessels by USD 180 million and at the same time makes a provision of USD 160 million for losses on long-term chartered dry cargo vessels. The total of USD 340 million will be included in the annual results for 2015. The market

Vestas to acquire Germany-based independent service provider Availon

Vestas has today agreed to acquire Availon, a leading European independent service provider headquartered in Rheine, Germany, with approx 400 employees and a total capacity of more than 2.6 GW currently under service. Availon’s core market is Germany, while the company also has notable service activities in Austria, Italy, Portugal, Spain, Poland and the United States. The transaction is subject to customary closing conditions, including approval from relevant competition authorities. Closing is expected to take place in the first quarter of 2016. “Acquiring Availon is a natural next

Hotelympia 2016: CESA and Fresh help exhibitors get a bigger slice of the action

VIP programme targets key buyers while app puts exhibitors in the knowHotelympia, February 29 – March 3 2016, ExCel London CESA and Fresh Montgomery, the organisers of Hotelympia, have got together to create a brand new concept – called the VIP Equipment Buyer Programme – that’s designed to get key buyers from foodservice operator groups onto exhibitor stands at the 2016 exhibition.  From the buyer’s perspective, it will be like having an exclusive virtual concierge who will help them quickly find the products they want to view.  For CESA members, it will help generate visits from

Norscot Truck & Van Dundee becomes DAF Trucks’ 55th ATF location

· DAF chalks-up 55 ATFs with Norscot Dundee appointment · £300,000 investment in new facility · Eight new DAF ATF locations opened in 2015; more planned for 2016 · DAF’s ATF network largest in CV industry Norscot Truck & Van Dundee has become the latest DVSA-appointed Authorised Testing Facility (ATF) in the DAF dealer network. The appointment brings the total of DAF-accredited MOT testing stations to 55 – the eighth to be opened in 2015 alone, and with more DAF locations identified for upgrade in 2016. With over 400 ATFs in total in the UK, DAF’s ATF network provides

Saab Signs Coastal Surveillance System Contract With Croatia

Defence and security company Saab will supply a coastal surveillance and border protection system to Croatia. The system has a strategic role to secure the maritime borders of Croatia and is scheduled to be operational by June 2016.The coastal surveillance system will provide real-time information from state-of-the-art radar sensors, advanced long range and thermal closed circuit television cameras plus Automatic Identification System (AIS). The sensors are deployed at strategic sites along the coastline and will be connected to several control centres in one of the most advanced maritime

North American Partners in Anesthesia Announces Partnership with Riverside Medical Center and its Affiliated ASC

Expands Hospital and ASC Service Lines in IllinoisNorth American Partners in Anesthesia (NAPA) , the largest single specialty anesthesia and perioperative management company in the United States, recently announced its partnership with Riverside Medical Center and its affiliated ASC, Riverside Ambulatory Surgery Center, part of Riverside HealthCare, located in Kankakee, Ill. NAPA will serve as the exclusive provider of anesthesia services, and will align with the administrative and clinical leadership at each facility to provide the highest quality of

Associations call on the Dutch Presidency to drive forward the EU Aviation Strategy

Amsterdam, Wednesday 20 January 2016  On the eve of the EU Aviation Summit, the European airspace user associations (AEA, EBAA, EEA, ELFAA, ERA and IACA *) are urging the Dutch Presidency to strengthen the European Commission’s (EC) Aviation Strategy. “The EC’s Aviation Strategy needs to be strengthened with more concrete and ambitious deliverables”, the associations say. “This is a unique opportunity to improve the Strategy and ensure it delivers a set of concrete initiatives that will bolster our industry and improve its competitiveness.”  In December 2015 the European Commission

Formpipe and the City of Stockholm signs agreement

On January 15, 2016, Formpipe announced, that no application for a review procedure was made regarding Stockholm City’s procurement regarding an ECM system for case and document management and today, Formpipe and the City of Stockholm signed a contract. The business value amounts to approximately 50 million over a five year period, of which approximately SEK 25 million consists of systems revenue. The systems revenue will gradually increase during the contract period in step with the ongoing implementation project. After the initial period of the contract the City of Stockholm have the

Circor International selects IFS Applications 9 to manage global operations

Solution will be deployed using IFS Managed Cloud on Microsoft Azure IFS , the global enterprise applications company, announces that Circor International Inc , a global manufacturer of valves and other highly engineered products used in the energy and aerospace and defense industries, has selected IFS Applications™ 9  to support the company’s complex manufacturing needs.Circor selected IFS Applications 9 to serve as a single solution to replace a number of

Eco-friendly companies collaborate to build dream home

A couple from Peebles, Scotland, have had their dream of an eco-friendly bungalow with access for a wheel chair user turned into a reality. Mr and Mrs Lamb had a very specific set of requirements when they approached Eskgrove Homes for a new home. Mr Lamb suffers from degenerating illness so they were looking for a bungalow that could be wheelchair friendly. The thought of an eco-friendly home was also very appealing to them. The couple had already been impressed with Eskgrove homes whose strapline is warmer, quieter, cleaner, greener, but the company was more used to building

Visit poLight @ MWC 2016

Our first product, the TLens® Silver, is now ready for customer projects and we would like to share some insights on this with you and take the opportunity to: · Demonstrate the performance of the TLens® on a Qualcomm Smartphone Platform · Present the results from our Product Qualification Program and readiness to MP in 2016 · Uncover our future roadmap and our view on TLens® usage in different camera module systems Please contact us to schedule an appointment Øyvind Isaksen (CEO) +47 908 76 398 oyvind.isaksen@polight.com Pierre Craen (CTO) +47 488 82 340 pierre.craen@

Trends in Data for 2016

One of the trends for 2016 that is certain to only increase in importance is the use of data analysis across many different types of organisation. Big Data and the real-time analysis of data in general is reshaping many industries, redefining how companies build a relationship with their customers. The fact that this change is applicable across all industries is the most important aspect of this trend. Almost every company in every industry is exploring how a better use of data can give them the edge in 2016. Three specific areas I see as being really important for the year ahead are:

Tony Porter shares his unique memoir of a life spent working at the forefront of the fashion industry

During his glittering career, Tony was one of the people who spearheaded British Fashion Week – now London Fashion Week – and rubbed shoulders with the likes of Twiggy, Cilla Black and other stars along the wayAs one of the people who spearheaded the idea of British Fashion Week 40 years ago, Tony Porter has seen the event grow and grow with the sypport of Zandra Rhodes, Jean Muir and others, on the way changing its name to London Fashion Week. “Mixing, as I do, with so many ages and careers, I found that people could not believe how many things I had done,” observes Tony Porter.

SULPHUR TOLERANCE KIT RELEASED BY CUMMINS FOR STAGE IIIB/IV ENGINES FROM 37 kW TO 503 kW

MUNICH (Jan.20, 2016) – Cummins Inc. (NYSE: CMI) announced today that its Sulphur Tolerance Kit, designed to allow export of emissions-compliant equipment into global regions without access to Ultra-Low Sulphur Diesel (ULSD), is now available.  Cummins Sulphur Tolerance Kit increases resale value and marketability of used equipment that meets European Union (EU) Stage IIIB/IV standards and U.S. Environmental Protection Agency (EPA) Tier 4 standards by allowing its export into countries without access to ULSD fuel.  “The release of Cummins Sulphur Tolerance Kit broadens resale

CUMMINS POWERS UP FOR STAGE V AT BAUMA

New Generation Of Ultra-Clean Engines Improve Power And Torque By Up To 10 Percent MUNICH, (Jan.20, 2016) – Cummins Inc. (NYSE: CMI) will present the next generation of ultra-clean engines at the BAUMA show (Munich, April 11-17) designed to meet European Union Stage V emissions regulations commencing in 2019 for construction, mining and materials handling equipment. Across a broad 55 kW to 300 kW output range (74 hp to 400 hp), these engines will go beyond meeting Stage V near-zero emissions regulations to bring an increase in power and torque of up to 10 percent.  The Stage V

CUMMINS DELIVERS THE SINGLE MODULE™ TO THE 4 TO 9 LITRE ENGINE RANGE FOR STAGE V

MUNICH, (Jan.20, 2016) – Cummins Emission Solutions, a segment of the Components Business at Cummins Inc., is announcing the use of the Single Module for midrange engine customers looking to meet Stage V emissions regulations. Compared to current product offerings in this market, this new innovation is delivering an aftertreatment solution that offers up to a 30% reduction in weight and up to 50% reduction in size.  The single cylinder design of the Single Module is enabled by advanced catalyst technologies, offering improved PM and NOx reduction capabilities. The diesel

DAF Used Truck Centre opens in Warsaw

Eindhoven, 20 January 2016 - A new DAF Used Truck Centre has opened in Warsaw, offering an extensive choice of between 100 and 150 low-mileage, quality-approved used DAF trucks. The opening of the DAF Used Truck Centre comes in response to a bouyant used truck market for DAF vehicles in Poland. The demand for DAF trucks continues to increase in Eastern Europe - not only for new, but also for nearly new trucks. All of the vehicles at the new DAF Used Truck Centre in Warsaw come from the DAF, PACCAR Financial and PacLease organisations. DAF First Choice securityThe majority

ENA Member to Testify at Senate Committee Hearing on Need for Comprehensive Mental Health Legislation

(January 20, 2016) – Emergency Nurses Association  (ENA) member Penny Blake, RN, CCRN, CEN, of North Palm Beach, Florida, has been selected to testify this week at the Senate Health, Education, Labor and Pensions (HELP) Committee hearing titled, “Improving the Federal Response to Challenges in Mental Health Care in America .” Blake is an emergency nurse at Good Samaritan Medical Center, an acute care community hospital in West Palm Beach, Florida. In

Ideagen’s Q-Pulse plays pivotal role in Terex Trucks’ achieving industry first accreditation to ISO 9001:2015

Terex Trucks become the first organisation in its industry – and one of the first globally – to achieve accreditation to the latest ISO 9001 quality standardIdeagen’s market leading quality and safety management software, Q-Pulse, has helped Terex Trucks become the first organisation in its industry – and one of the first globally – to achieve accreditation to the latest ISO 9001 quality standard. Terex Trucks , a manufacturer of rigid and articulated trucks, worked closely with software company Ideagen  for several years to adapt

Changes in operational structure and management team

Nokian Tyres plc Stock Exchange Release 20 January 2016, 4.00 p.m.Nokian Tyres is going to change its operational structure and responsibilities in the management team to strengthen the Company's further expansion, and to improve the distribution and the development and harmonization of processes. Alexej von Bagh will take over the responsibility for the global Process Development in Nokian Tyres as of 1 April 2016. Mr. von Bagh will have the responsibility for the overall process architecture and process development. The Company’s aim is to extensively improve the mode of operations

Canute issues rallying cry for York businesses!

#VisitJorvik appeal to bring visitors back to the cityKing Canute – the Viking who took the English throne in 1016 – has made an appeal for York businesses to throw their support behind the JORVIK Viking Festival, taking place over half term (15-21 February) to remind the world that York is well and truly open for business. “The JORVIK Viking Festival regularly attracts national and international media interest – we’ve had enquiries from film crews and journalists as far away as Chile, Israel and Singapore, so it is a fantastic opportunity for York’s business community to demonstrate

Now Driveway, Patio and Pathway Weeds Can Be Inhibited Thanks To Dansand® NO WEED™

Consumers can look forward to weed-free Paths, Patios and Driveways! Now our brilliantly creative Danish friends across the North Sea have put their thinking caps on and done it again, coming up with a new, perfectly crafted concept that looks set to take the World by storm. In fact, it already has... Introducing NO WEED™, from Dansand® ; Danish manufacturers who know a thing or two about how to make a driveway, patio or pathway look PERFECT. The Dansand® range of weed-inhibiting and joint-strengthening products is frightening the life out of

Invitation to Electrolux Q4 presentation

Electrolux results for the fourth quarter of 2015 will be published on January 28, 2016, at approximately 08.00 CET.A telephone conference will be held following the release of the results, starting at 09.00 CET and continuing until 10.00 CET. The conference will be chaired by Keith McLoughlin, President and CEO of Electrolux. Mr. McLoughlin will be accompanied by Tomas Eliasson, CFO. Jonas Samuelson, the new President and CEO as of February 1, will also participate. Slides used in the presentation will be available at Electrolux website, www.electroluxgroup.com/ir. The fourth quarter

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