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Diamyd Medical with MainlyAI and KTH awarded VINNOVA funding for AI driven sustainable production

Diamyd Medical together with MainlyAI AB and KTH Royal Institute of Technology have been awarded funding by the Swedish Governmental Innovation Agency VINNOVA for a project that will design, test and build a sustainability framework powered by artificial intelligence (AI) for Diamyd Medical’s production facility in Umeå, Sweden.The project ALISTAIR (Artificial Intelligence for Sustainable Production), with a total funding of 13 MSEK including in-kind contribution, is part of the VINNOVA program “AI in service of the climate”. The project will study how AI technologies can be applied to (i)

Mekonomen's Nomination Committee proposes Robert M. Hanser as new Chairman of the Board

Mekonomen’s Nomination Committee intends to propose Robert M. Hanser as the new Chairman of the Board in Mekonomen AB at the annual general meeting in 2021. John S. Quinn, current Chairman of the Board, has informed the Nomination Committee that he is declining re-election at the next Annual General Meeting. Robert M. Hanser, born 1953, is a European board member of LKQ Corporation since 2015. Prior to that, Robert has held several assignments within the German multinational engineering and electronics company Robert Bosch GmbH, including Managing Director of Bosch in the UK, Executive

SRV Group Plc to renew its Corporate Executive Team and organisation

SRV GROUP PLC     STOCK EXCHANGE RELEASE     3 DECEMBER 2020      09:30 EET SRV Group Plc to renew its Corporate Executive Team and organisation SRV Group Plc renews its Corporate Executive Team and makes changes in the organisation. The changes will take effect in stages during the latter part of 2020 and the beginning of 2021. ”After the challenging times of recent years, SRV is moving to the next stage, which emphasizes strengthening customer focus, improving profitability and finalizing and implementing the new strategy. Renewing of the Corporate Executive Team brings new

Large accounting group signs a 5-year AI contract with 24SevenOffice

A large Norwegian and Swedish accounting firm will implement 24SevenOffice AI engine/module as their front system towards all its customers. This will automate up to 70-80% of their manual bookkeeping work. Based on existing invoice volume, estimated growth and expected automation level, this contract will have a total value of approximately 7 MSEK. This deal is done in cooperation with one of our enterprise integrations partners, Propell.ai.   About Propell.ai Propell.ai is a Nordic independent consulting firm focusing on exponential technologies. Propell.ai partners with larger

Blackcurrants are favourable for glucose metabolism

Blackcurrants have a beneficial effect on post-meal glucose response, and the required portion size is much smaller than previously thought, a new study from the University of Eastern Finland shows. Blackcurrants have a beneficial effect on the blood glucose response after a meal. They balance the glucose response of ingested sugar by attenuating its rise and delaying its fall. The effect is likely associated with berry-derived polyphenolic compounds, anthocyanins, which are rich in blackcurrants. The beneficial health effect of blackcurrants was supported by a recent study conducted

AxFlow France expands in service by acquisition of Armor Bobinage

AxFlow France strengthens its service capacity in food and beverage with the acquisition of Armor Bobinage, a 19-person company, based in Saint Brieuc and Dinan, northwest France.Armor Bobinage is a family owned service and trading company. Starting of as a pure motor repair workshop in 1969, Armor Bobinage has evolved into a specialist in installation, repair and commissioning of pumps and electric motors, predominantly for brands such as Xylem and Leroy-Somer. Majority of their customers are in the food sector – especially in the dairy production. “The acquisition is in line with

Linxon wins order of approximately $125 million to deliver turnkey urban substation for Stockholm

Linxon has won an order of approximately $125 million to deliver a turnkey urban compact substation to Ellevio, one of Sweden’s leading distribution network operators. The project site is located close to Värtan harbour and Norra Djurgårdsstaden in the very center of the capital of Sweden.This is the largest substation project that Ellevio has ever undertaken. As the third large substation contract award for Linxon in Sweden, it is a testament to Linxon’s leading position in the Scandinavian market for large EPC substations. “We are proud to have once again been entrusted with a mandate

Sectra signs subscription-based enterprise imaging contract with Dayton Children’s Hospital in US

Linköping, Sweden and Shelton, CT – December 3, 2020 – International medical imaging IT and cybersecurity company Sectra  (STO: SECT B) will provide its enterprise imaging solution to Dayton Children’s Hospital. They will utilize the platform’s radiology module as well as the multi-media archive VNA, to store all medical images throughout the health system. This unified imaging platform, tightly integrated with Epic Radiant, will provide all caregivers a full patient overview regardless of their reading location.Dayton Children’s is a teaching hospital providing primary

AFRY accelerates the transition in Bioindustry

In response to industry developments driven by the international sustainability agenda as well as changing consumer behaviour, AFRY is placing even greater strategic focus on Bioindustry as one of its core focus areas. With a strong forest industry heritage, AFRY will leverage its wide range of offerings to provide a holistic set of services across management consulting, engineering, projects, operations and digital solutions.Growing sustainability awareness is calling for continuous development of new value-added solutions in traditional pulp & paper industry as well as in biofuels,

Everfuel to distribute green hydrogen from Siemens Gamesa pilot project

Herning, Denmark, 3 December 2020 – Everfuel A/S has signed an agreement with Siemens Gamesa for distribution of green hydrogen for zero emission mobility in Denmark. The green hydrogen will be produced by a Siemens Gamesa wind turbine connected to an electrolyzer with the ability to operate in ‘island mode’ – driving an electrolysis unit with no link to the electricity grid. The pilot project in Brande, Western Denmark, is expected to be operational from early 2021. “This is a significant milestone for Everfuel. It will be the first time we connect the hydrogen value chain from

Etteplan to deliver next-generation self-service terminals for OmaPosti kiosks and manage the software for them

ETTEPLAN, Press release, December 3, 2020 at 9.00 a.m. EET The cooperation between Posti and Etteplan continues with new self-service terminals for OmaPosti kiosks in Finland. As part of the pilot project, 20 next-generation OmaPosti kiosk self-service terminals will be delivered. Etteplan will produce important software components for the OmaPosti kiosks and oversee the full delivery of the project. This includes putting the kiosks into use and continuously maintaining the software and devices. The first OmaPosti kiosk self-service terminal delivered by Etteplan was taken into use in

Heimstaden Bostad acquires property projects in Strängnäs, Sweden

Heimstaden AB’s subsidiary, Heimstaden Bostad, has acquired four turn-key property projects in Strängnäs, Sweden from Framfastgruppen AB. The projects include the development of 149 apartments with a total area of 8,200 sqm. Construction will begin in Q4 2020 and is expected to be completed in Q4 2022. Estimated property value upon completion amounts to approximately SEK 250 million.Heimstaden Bostad has been present in Strängnäs since 2018 and currently owns 450 apartments in the area. Strängnäs attractive geographical location and population growth are the reasons behind the expansion and

NCC to construct new electrical substation buildings in central Stockholm

NCC has been commissioned by Linxon to construct new power substation buildings for Värtan Station in the Stockholm Royal Seaport (Norra Djurgårdsstaden) district of Stockholm. The transaction is a turnkey contract for Linxon, with Ellevio as the end customer. The order value of NCC’s share of the contract is approximately SEK 400 million. Illustration: Urban Design Linxon has previously secured contracts for electrical AC substations for the Skanstull and Barkarby areas as part of upgrading the electrical grid in the Stockholm region. It is now the turn of Ellevio’s Värta

Heimstaden Bostad acquires property projects in Strängnäs, Sweden

Heimstaden Bostad AB has acquired four turn-key property projects in Strängnäs, Sweden from Framfastgruppen AB. The projects include the development of 149 apartments with a total area of 8,200 sqm. Construction will begin in Q4 2020 and is expected to be completed in Q4 2022. Estimated property value upon completion amounts to approximately SEK 250 million.Heimstaden Bostad has been present in Strängnäs since 2018 and currently owns 450 apartments in the area. Strängnäs attractive geographical location and population growth are the reasons behind the expansion and acquisition from

SCA establishes the Group’s sustainability targets

Sustainability is integrated in every part of SCA’s operations. In order to make long term priorities and to ensure sustainable development, SCA has established corporate objectives to be met by 2030.“We want to set long-term goals that challenge us and guide our priorities,” says CEO Ulf Larsson. “And, not least, we want to play a bigger role in combating climate change.” SCA strive to increase the company’s contribution to a fossil free world and has set a long term corporate target to increase the company’s climate benefit from 10 to 15 million tonnes of CO\2\ per annum by 2030.

SCA changes Paper to Containerboard

SCA is changing the name of its business area Paper to business area Containerboard as of January 1, 2021. Following the discontinuation of its publication paper operations during the first quarter, SCA’s paper production will consist solely of packaging paper, a product with a stable and growing demand.SCA’s business area Containerboard will then comprise of the paper mills of Munksund, near Piteå, and Obbola, near Umeå (both in Sweden). Together, they have a production capacity of just over 850,000 tonnes. SCA is currently investing SEK 7.5bn in the Obbola paper mill, which will increase

Nordic Growth Market welcomes Valour as new issuer of Bitcoin ETP´s

Valour will on December 8th, list two Bitcoin ETP´s on Nordic Growth Market. There will be one ETP quoted in SEK and one in EUR. With these new listings from Valour, Nordic Growth Market is further strengthening the position as a leading exchange for ETP´s.Valour Structured Products is a new issuer focused on offering retail and institutional investors access to digital asset investment products and are based in Switzerland.“Nordic Growth Market has been a dedicated partner for developing and supporting the ETP market for more than 15 years. We are delighted to welcome Valour and their

Terveystalo's Board of Directors decided on new long-term incentive plan for key employees

Terveystalo Plc. stock exchange release 3 December 2020 at 9.00 EET Terveystalo Plc's Board of Directors has decided on a new long-term share-based incentive program for key personnel. The plan replaces the previous long-term incentive program. The long-term incentive plan consists of a Performance Share Plan for Terveystalo's management and other key personnel, a Bridge plan for the President and CEO, and of a Restricted Share Plan for specific situations such as key recruitments or for recognizing key talent. The Performance Share Plan is based on a rolling 3-year performance period

FULL-YEAR FINANCIALS SIGNIFICANTLY IMPACTED BY THE ONGOING PANDEMIC

AUGUST 2020–OCTOBER 2020 · Revenue: MSEK 3,035 (13,435) · Income before tax (EBT): MSEK -3,271 (1,096) · Income before tax and items affecting comparability: MSEK -3,043 (1,226) · Net income for the period: MSEK -2,579 (861) · Earnings per common share: SEK -4.46 (2.19) SIGNIFICANT EVENTS DURING THE QUARTER · SAS completed a successful recapitalization adding SEK 12 billion in liquidity and SEK 14.25 billion in strengthened equity · SAS repays a SEK 3.3 billion revolving credit facility agreement in accordance with its terms NOVEMBER 2019–OCTOBER 2020 ·

Fortum CMD: strategy update – new financial and climate targets with a clear path to carbon neutrality and a growing dividend

FORTUM CORPORATION STOCK EXCHANGE RELEASE 3 DECEMBER 2020 AT 9.00 EETRelease category: Other information disclosed according to the rules of the Exchange · Fortum has updated the strategy for the whole Fortum Group to drive the clean energy transition and deliver sustainable financial performance. · Aligned with the goals of the Paris Agreement, Fortum targets carbon neutrality by 2050 with ambitious mid-term targets. · Fortum has updated its financial targets: Financial net debt/comparable EBITDA below 2x and climate-dependent hurdle rates for new investments. · The updated

Link to Attana’s presentation at Stora Aktiedagen

December 2, Attana participated at Stora Aktiedagen where CEO Teodor Aastrup gave a company presentation followed by a Q&A session.The main focus of the presentation was to clarify Attana stands today, where the company is heading and the company’s action plan 2021. This included a presentation of the exciting projects planned for 2021, enabled by the upcoming rights issue.    The full presentation and Q&A session can be found here .  For more information, please contact: Niklas Carlsson, COO Attana AB e-mail: niklas.carlsson@attana.com   (niklas.

An electric reactor would effectively reduce emissions from the chemical industry

Tightening climate targets in Finland and the EU are forcing industry to reduce carbon dioxide emissions. Switching to electricity to replace fossil fuels is a growing trend in industry. VTT is developing electrically heated reactor technology that could significantly reduce emissions from the chemical industry.The electricity consumption of industry is expected to double in the next few decades, as industrial companies strive to reduce the use of fossil fuels with clean electricity. However, using electricity in industrial processes requires many new solutions that are not yet commercially

A roller-coaster year for Lesjöfors automotive aftermarket

The start was a bit slow. Then the brakes were hit hard as things went down the ditch. Next, back on track, there was a steady re-start followed swiftly by rapid acceleration to full speed, eventually followed by a gradual return to normal. Are we referring to Rally Sweden here? No, this is the year in brief for Lesjöfors’ automotive business.Lesjöfors Automotive produce an extensive range of springs for the European Car and Light Commercial Vehicle market, and stock market-leading ranges of gas springs, leaf springs and U-bolts. Lesjöfors Automotive customers are parts wholesalers and

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