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Medius Research Finds Poor Supplier Payment Processes Increase Costs and Create Bad Business Reputations

Late payments cost businesses 24% in lost orders.2 JUNE 21 – Research from Medius , a leading provider of cloud-based spend management solutions, reveals that damage to supplier relationships caused by late payments is costing businesses 24% in lost orders. The market research from Sapio surveyed the views of 200 finance and 200 procurement decision makers in the US to explore the risks to supplier relationships as the purchasing process transitions from procurement to finance.   Almost three quarters (73%) of procurement professionals admitted that

Mercell Holding ASA - Successful placement of new senior secured bond tap issue

Oslo, 2 June 2021: Reference is made to the stock exchange notice from earlier today by Mercell Holding ASA ("Mercell" or the "Company") regarding a contemplated SEK bond tap issue. Mercell has successfully completed the issuance of SEK 500 million additional bonds, under the existing SEK 1,100 million 5-year senior secured bond issue (ISIN: NO0010907876). The new outstanding amount of the bond issue will be SEK 1,600 million. The tap issue received strong demand from high quality institutional investors. Settlement of the tap is expected to be 7 June 2021. The bonds will be issued

Diamyd Medical elected to present Diamyd® meta-analysis results at the EASD diabetes conference

A scientific abstract detailing the latest findings from a meta-analysis based on data from more than 600 individuals with type 1 diabetes that have participated in clinical trials with the diabetes vaccine Diamyd[®] (GAD-alum) has been elected to be presented orally  the 57th EASD Annual Meeting (European Association for the Study of Diabetes).The abstract which summarizes the results from the meta-analysis is titled “The influence of HLA haplotype, number of injections and administration route on the effect of GAD-specific immunotherapy in type 1 diabetes" and will be presented live by

Musti Group appoints Toni Rannikko as a new CFO

Musti Group plc                        Stock Exchange Release    2 June 2021 at 15.00 p.m. Musti Group appoints Toni Rannikko as a new CFO Toni Rannikko, (M.Sc. (Econ.), born 1979), has been appointed Musti Group’s Chief Financial Officer as of 1 September 2021. He will be a member of the Management Team and report to CEO David Rönnberg. Before starting at Musti Group, Toni Rannikko has worked as a CFO of Raisio plc from 2019. CEO David Rönnberg: “I warmly welcome Toni to Musti Group. He brings with him a solid experience in financial leadership and development. I expect a

Net Trading Group NTG AB: Lightcircle signs commercial partner agreement with Chargehome Technology Scandinavia AB

Lightcircle, a subsidiary of Net Trading Group NTG AB (’NTG’), has entered into a commercial partner agreement for the sale of its products with Chargehome Technology Scandinavia AB (’Chargehome’), a Swedish technology provider specialising in electric vehicle charging solutions. Chargehome offers charging solutions, charge boxes, smart energy solutions and payment solutions for electric and hybrid vehicles. Chargehome collaborates with select electrical installation companies specializing in electric vehicle charging and servicing across Sweden. Chargehome is a holistic provider for

(SE) Kommuniké från årsstämma i Stayble Therapeutics den 2 juni 2021

Idag, den 2 juni 2021, hölls årsstämma i Stayble Therapeutics AB. Nedan följer en sammanfattning av de beslut som fattades. Samtliga beslut fattades med erforderlig majoritet.Beslut om fastställande av räkenskaper samt disposition beträffande bolagets resultatÅrsstämman beslutade att fastställa resultat- och balansräkning. Årsstämman beslutade även att disponera över bolagets resultat i enlighet med styrelsens förslag innebärande att någon vinstutdelning inte lämnas till aktieägarna, samt att tillgängliga medel balanseras i ny räkning Ansvarsfrihet åt styrelseledamöter och

Eurowings to invest further in Sweden and launch operations at Malmö Airport with a new direct route to the Balkans this summer

The German low cost carrier Eurowings sees opportunities in the Swedish market and is expanding its range of destinations on offer from the Öresund region and Malmö with a new connection to the capital of Kosovo and the country’s biggest city, Pristina. Eurowings, which is part of the Lufthansa Group, already serves Stockholm Arlanda and Göteborg Landvetter, and is now starting up operations at Malmö Airport as well. A number of international routes are back for the summer, and the number of direct routes and passengers is gradually on the rise at Malmö Airport. The number of passengers

Enersense has signed a significant agreement on the modernisation of Tsirguliina-Viru power line

Enersense International PlcInsider information, 2 June 2021 at 1.30 pmEmpower AS, Estonian subsidiary of Enersense International Plc, a provider of zero-emission energy solutions, has signed an agreement with an Estonian power grid company AS Elering on the modernisation of the 330 kV power line between Tsirguliina and Viru substation. Empower AS and Leonhard Weiss Oü, a provider of integrated grid planning, construction, and maintenance, will be jointly responsible for the implementation of the project. The total value of the agreement is EUR 55.9 million, of which Enersense’s share

Report from the Annual General Meeting 2021 of Minesto AB

Minesto AB held its Annual General Meeting on June 2, 2021. In order to counteract the virus that causes covid-19, the Annual General Meeting was held solely by postal voting without physical participation.The following main resolutions were resolved upon at the Annual General Meeting. Profit and loss account and balance sheet and allocation of loss The AGM resolved that the profit and loss account and the balance sheet produced to the Annual General Meeting be duly adopted. The AGM resolved to dispose the year’s result in accordance with the proposal of the Board of Directors

YIT has signed contracting agreements for the main contract package in Sompasaari, Helsinki

YIT and the City of Helsinki have signed an agreement on the construction of HITAS, right of residence and rental apartments as well as a parking garage in the developing neighbourhood of Sompasaari near Kalasatama. The total value of the package is nearly EUR 58 million, which will be recognised in the order book of the second quarter. The agreement comprises three housing companies with a total of 238 apartments as well as a single-level parking garage under the yard deck. Construction will begin in June 2021 and the project is estimated to be completed in early 2024. For further

Changes in Raisio’s Finance management and in the Executive Committee

Raisio plc, Stock Exchange Release, June 2, 2021 at 13.00 pm EET Changes in Raisio’s Finance management and in the Executive Committee M.Sc. (Economics and Business Administration) Mika Saarinen, 48, has been appointed as Chief Financial Officer (CFO) and as a member of the Executive Committee of Raisio plc, starting immediately. For the past two years his position has been Director of Treasury, Investor Relations and Communications. Mika Saarinen has acquired long experience in Finance sector from various positions before he joined the Raisio Group. Raisio’s current CFO Toni

New and improved flexible service agreement for 3Shape TRIOS intraoral scanners launched

Peace-of-mind from the moment you switch on your new 3Shape TRIOS scanner Copenhagen, June 2, 2021 – 3Shape introduces a new and improved flexible service agreement for its award-winning TRIOS intraoral scanner. The new TRIOS Care, improved and flexible service agreement, adds exceptional benefits for TRIOS users. Benefits include a 5-year warranty; 24-48 hours replacement service for faulty systems; unlimited technical support, and 3Shape Academy training points for 1:1 3Shape Academy sessions.* Importantly, full-service coverage, as outlined above, is now free with the

Metsä Board’s simulation and testing services help develop secure pharma packaging

Metsä Board Corporation press release 02.06.2021Ensuring that vaccine vials and their potentially life-changing contents remain safe, sterile and identifiable throughout their tightly controlled supply chain is no easy task, and taking risks is not an option. With the new extended 360 Service offering, Metsä Board, part of Metsä Group, is testing the paperboards and simulating packaging designs used by pharma manufacturers to package and protect vaccine doses, providing absolute confidence that the materials are up to the task. COVID-19 and other vaccines are typically stored and

Collector signs UN’s Principles for Responsible Banking (PRB)

Since April 2021, Collector has been a signatory of the UN Principles for Responsible Banking (PRB). The principles set the framework for a sustainable banking system and help the industry demonstrate how it makes a positive contribution to society, across business areas, in line with the Sustainable Development Goals.The UN initiative on Principles for Responsible Banking is based on six principles, and by supporting these, Collector demonstrates its commitment to contributing to social development as well as reducing climate impact.– In 2021, we are revising our sustainability strategy

Zaplox recruit’s hotel technology and industry expert Carson Booth to the board

The Bord of Directors of Zaplox AB (publ) announces that Carson Booth has been appointed as a new board member at the Annual General Meeting on May 26, 2021. Carson Booth brings extensive international management and technology experience from the hospitality industry to the Zaplox board, completing the boards existing comprehensive expertise.Carson Booth has over 30 years of experience from international business management and development of technology solutions for the hospitality industry. His track record includes numerous strategic roles such as Chief Executive Officer of SnapShot, a

AFRY acquires Simosol Oy in Finland to become the global leader in Smart Forestry digital solutions

AFRY has acquired Simosol Oy, a Finland-based company that specialises in advanced simulation and optimisation solutions for forest and agricultural assets. The acquisition is in line with AFRY’s ambition to become the global leader in Smart Forestry digital services and solutions.AFRY Smart Forestry offering developed by AFRY Management Consulting creates value through combining AFRY’s forest value chain expertise and the most advanced digital solutions in the market today to allow tree-level data to build a digital twin of the forest, forming a basis for sustainable and precise forest

AFRY acquires MosaicMill Oy in Finland and aspires to be the global leader in Smart Forestry digital solutions

AFRY has acquired MosaicMill Oy, a leading, Finland-based company that applies drone and satellite image data for forest inventory services. Through this acquisition, AFRY takes a significant step to become the global leader in Smart Forestry digital services and solutions.”We warmly welcome MosaicMill as part of AFRY. Their competence and technology for accurate inventory data will play a key role as we develop our full offering of Smart Forestry digital services and solutions for the global market,” says Saara Söderberg, VP of Bioindustry Management Consulting, AFRY. MosaicMill’s

Inflation Surge - Simon-Kucher Urges Companies to Remember Their Pricing ‘Muscle Memory’

The global pricing specialist issues warning as inflation pressure builds.2 June, 2021 [London, UK] – The global pricing and strategy consultancy Simon-Kucher & Partners issued an urgent warning for companies to rediscover their pricing muscle memory in the face of rising inflationary pressures that are putting significant pressure on margins. Having taken low inflation for granted, financial markets have woken up to the idea that there could be a period of faster price increases coming and the majority of companies are unprepared for the commercial implications. “Inflation is back on

Two champions of post-consumer textile recycling joining forces

Together, Lenzing and Södra take a giant leap further towards closing the loop from fiber to fiber in fashion.VÄXJÖ/LENZING. Lenzing, a leading global supplier of wood-based specialty fibers, and Södra, a world-class producer of pulp, signed a cooperation agreement today, June 02, 2021, with the clear objective of making a decisive contribution to addressing the enormous textile waste challenges of the industry and the society. The cooperation involves the transfer of knowledge between the two companies, which have been proactively driving the circular economy issue for many years, and a

Akelius redeems SEK bonds

Akelius exercises its right to redeem all outstandingSEK 500 million and SEK 1,000 million bonds due 2021-10-04. SEK 500 million bond has ISIN: XS1692931808.SEK 1,000 million bond has ISIN: XS1692931980.  Stockholm, 2021-06-02Leiv SynnesCFO, Vice President+46 70 558 55 23leiv.synnes@akelius.se   This information is information that Akelius Residential Property AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation.The information was submitted for publication, through the agency of the contact person set out above, at 11:00 am CET on June

Volvo Penta acquires majority stake in marine battery systems pioneer ZEM AS

Volvo Penta is expanding its capabilities, experience, and range by becoming the majority shareholder of Norwegian marine battery and electric driveline solutions supplier ZEM AS.Volvo Penta has announced an exciting new acquisition of ZEM  – a company with 12 years of market experience as a supplier of both marine battery systems and complete electric drivelines and a strong track record in Norway, the most mature marine e-mobility market in the world. “As a part of the Volvo Group’s great electromobility initiatives 

Daniel Johansson, CEO, resigns from Arise

Daniel Johansson has notified the board of directors of his intention to resign as CEO of Arise AB (publ.) (“Arise”). He will remain available to the company for six months. Daniel Johansson has been CEO of Arise since January 2016. The process of recruiting a successor will begin immediately to find a CEO that can lead the company on its continued growth journey. Under Daniel’s leadership Arise has had a great development. Daniel has contributed significantly in taking the company to its current strong position. Joachim Gahm, Chairman of the Board, Arise AB:  “Daniel has during his

With 25% of Europe’s Greenhouse Emissions coming from Buildings, Scientists Suggest Fundamental Policy Changes

Embargo 02 June 2021, 01:00 am CEST   To live up to their climate pledge under the Paris agreement, EU lawmakers must ensure all 250 million existing as well as all new buildings in the EU become nearly zero greenhouse gas emitters. In a new report, national science academies represented by EASAC call for far-reaching policy action. “Policymakers have long focused on creating energy-efficient buildings that reduce the need for heating and air conditioning or generate renewable energy on site. But the energy used for operating buildings is only part of the story. We must urgently broaden

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