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Volvo Buses to deliver 49 high-capacity electric buses to Jönköping

Earlier this year, Vy Buss AB ordered 49 high-capacity Volvo 7900 Electric Articulated buses. The new buses, which are scheduled to enter operation in Jönköping, in summer 2021, are part of the city’s next-generation investment in public transport.Jönköping in Sweden is growing and developing its public transport system to meet the future. As part of this programme, several bus routes in the city area will be electrified next year. Operations will be handled by Vy Buss AB, which has placed an order for 49 high-capacity electric buses from Volvo Buses for delivery in summer 2021. “Through

Gaming Innovation Group signs platform agreement with GS Technologies Limited

Gaming Innovation Group Inc. (GiG) has today signed a long-term agreement with GS Technologies Limited for the provision of GiG’s platform and front-end development to a new casino brand with its own license from Maltese Gaming Authority. The agreement is based on the new fixed fee model and has a duration of minimum three years with automatic extension for an additional two plus one years.GS Technologies Limited operates the Alpha Affiliate Program and casino brands. Alpha Affiliate is a successful player in the iGaming industry for many years, having built several strong casino brands

BioStock: Cereno Scientific enters collaboration with University of Michigan

Cereno Scientific, who develops drugs for epigenetic modulation of cardiovascular and rare diseases, just announced a scientific collaboration with the University of Michigan. The agreement covers preclinical studies with compounds from Cereno Scientifics HDACi development program to be performed by Dr Michael Holinstat, who is active at the University and an expert on heamatology and coagulation.Read the full article at biostock.se:https://www.biostock.se/en/cereno-scientific-enters-collaboration-with-university-of-michigan/This is a press release from BioStock - Connecting Innovation &

Orkla ASA: Issuance of Commercial Paper

Orkla ASA has issued a commercial paper of NOK 400,000,000. Start date:                   11 June 2020Maturity:                      13 July 2020Coupon:                      0.27 %Organised by:             DNB Markets  Orkla ASAOslo, 9 June 2020 Ref.: Senior Vice President Group TreasuryGeir SolliTel.: +47 995 42 789 This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

The summer tire season is here – Nokian Tyres’ premium summer products offer safety and peace of mind for tighter turns and rainy days

Scandinavian tire manufacturer Nokian Tyres  offers a modern and versatile summer tire selection for Central European market. New summer tire generation features a unique Dual Zone Safety technology, specially developed for varying summer conditions. This test-winning technology was first introduced in the passenger car models and then carried on to the SUV and cross-over range. Nokian Tyres’ products offer premium driving comfort, durability and, above all, first-class safety – ensuring perfect peace of mind for all summer trips.When enjoying the sunny and

Planmeca Romexis® 6.0 Golden A’ Design Award winner

Planmeca Romexis® 6.0 software has been granted the Golden A' Design Award in Interface and Interaction Design Category by the International Design Academy.A' Design Award and Competition is the world's largest design competition awarding best designs, design concepts as well as products and services – both concept stage and realised works. It is open to entries of products and projects including experience designs, human interface guidelines, interaction designs, graphical user interfaces and user interfaces for machines and software. In this year’s competition, the recently released

Europa Universalis IV: Emperor Available Today

Increase Your Power in Latest Expansion to Paradox ClassicSTOCKHOLM - June 9, 2020 - Power for the sake of power is empty. No truly great ruler seeks a legacy of selfish adoration. Do it to raise the people. Do it to shield the faith. Do it to preserve centuries of tradition. Rule as the Emperor to rewrite history and remake the world. Rule in Europa Universalis IV: Emperor. Emperor is the latest expansion to Paradox Development Studio’s flagship series, Europa Universalis IV. This add-on to the best-selling grand strategy game about the Early Modern world returns its focus to Europe,

Kvaerner awarded contract for HOD

9 June 2020 – Today Aker BP has awarded Kvaerner the contract for delivering the topside and steel substructure for the normally unmanned wellhead platform at the Hod field. This is the second project in the wellhead platform alliance, which was established between Aker BP, Kvaerner, ABB and Aker Solutions. The contract is an important part of Kvaerner’s strategy to be the leading supplier of cost efficient, unmanned platforms. The contract has a value of approx. NOK 1 billion for Kvaerner.“After a very demanding spring, we are very pleased that we, together with our alliance partners now

Tax changes trigger new investments

A broad political majority in Norway has announced an agreement to make temporary changes to the Norwegian petroleum tax system. The changes will strengthen Aker BP’s investment capacity and help to unlock new field development projects. This will contribute to higher activity and increased value creation for Aker BP, its suppliers and the Norwegian society at large.  The Hod development in the Valhall area is the first project to be launched as a direct result of the tax changes. This project benefits from the experience and competence gained from the recently completed development of

Swedavia’s traffic statistics for May 2020

In May, more than 80,000 passengers flew via Swedavia’s ten airports, a full 98 per cent decrease compared to the same month in 2019, when there were a total of 3,600,000 passengers. For the second straight month, results were affected by the full impact of the COVID-19 coronavirus pandemic. This trend is also expected to continue in June although there are some signs of a restart with the easing of travel restrictions. In May, Swedavia’s airports had a total of 53,000 international passengers and 28,000 domestic passengers, a 98 per cent decrease in both international and domestic

Valmet to supply automation to a gas clean-up system at Viridor’s site in Scotland, UK

Viridor Dunbar [Valmet will supply automation to a gas clean-up system at Viridor’s Dunbar Landfill site in Scotland, UK. The system allows the successful capture of CO2 and transforms landfill gas into transport fuels.] Valmet will supply automation to a gas clean-up system at Viridor’s Dunbar Landfill site in Scotland, UK. The system allows the successful capture of CO2 and transforms landfill gas into transport fuels. Valmet Oyj’s trade press release on June 9, 2020 at 11:00 a.m. EET Valmet will supply automation to a gas clean-up system at Viridor’s Dunbar Landfill site in

Liquid Wind gains strong support for electro-fuel

The Swedish Power-to-Fuel company has successfully raised over 2.7M SEK (260k EUR) through crowdfunding. Over 250 individuals have now invested in Liquid Wind to support the development of carbon neutral fuel facilities and accelerate the transition from fossil fuels. Large logistics and transportation companies have expressed interest in using the fuel to achieve their sustainability goals. The sustainable fuel project is supported by an expert consortium, including Haldor Topsoe, Siemens Energy and Carbon Clean.Cargo Ship which can be powered by carbon neutral eMethanol.

Water repellent WISA-SpruceWR facilitates construction in varying humidity conditions

UPM's WISA-SpruceWR [The water repellent Surface of WISA-SpruceWR slows doen the absorption of moisture into the panel.] The water repellent Surface of WISA-SpruceWR slows doen the absorption of moisture into the panel. Water repellent WISA-SpruceWR facilitates construction in varying humidity conditions (UPM, Helsinki, 9 June 2020 at 11:00 EET) – UPM Plywood introduces a new water repellent WISA-SpruceWR plywood that enables efficient and effortless construction even in changing weather and humidity conditions. The water repellent yet breathable surface of WISA-SpruceWR slows

Heimstaden acquires real estate in Eskilstuna from Kommunfastigheter

"We are pleased and proud to announce the acquisition of a school property and 559 homes in Eskilstuna from municipal real estate company, Eskilstuna Kommunfastigheter AB. We have been very interested in establishing ourselves in Eskilstuna for a long period of time. It is one the most interesting municipalities in its area, with strong growth, which we look forward to contributing to going forward", says Kent Persson, Head of Public Affairs at Heimstaden.Based on the ownership directive for 2020, a decision was made in October 2019 by Eskilstuna Kommunfastigheter to sell the apartments and

Heimstaden acquires real estate in Eskilstuna from Kommunfastigheter

"We are pleased and proud to announce the acquisition of a school property and 559 homes in Eskilstuna from municipal real estate company, Eskilstuna Kommunfastigheter AB. We have been very interested in establishing ourselves in Eskilstuna for a long period of time. It is one the most interesting municipalities in its area, with strong growth, which we look forward to contributing to going forward", says Kent Persson, Head of Public Affairs at Heimstaden.BaBased on the ownership directive for 2020, a decision was made in October 2019 by Eskilstuna Kommunfastigheter to sell the apartments

Researchers put a price tag on alcohol use

Alcohol use disorders are associated with high social welfare and health care costs – but what causes them? A new Finnish study looks at the magnitude and reasons behind the economic burden alcohol use disorders have on society. Earlier studies have shown that alcohol use disorders lead to various health and social problems, which cause an increase in the need and use of various services. However, the magnitude and distribution of the related costs have not been studied before. Researchers at the University of Eastern Finland used a machine learning technique that is based on a

Clavister Appoints David Nordström as CFO

Örnsköldsvik, Sweden, June 9, 2020. Clavister, a leader in high-performance cybersecurity solutions, welcomes David Nordström as CFO to the company. Nordström is currently an authorized auditor having been with PwC in Stockholm since 2011. As main auditor for some ninety companies, Nordström has also been in charge of larger auditing projects towards publicly listed clients. Nordström will commence his new role at Clavister on October 1 when he joins the group management team at Clavister's headquarters in Örnsköldsvik. "I am delighted that David is joining Clavister and I’m convinced

Gula Skrinet AB to acquire Caterpillar Propulsion AB

Gula Skrinet AB has reached an agreement with Caterpillar Luxembourg Sarl to acquire Caterpillar Propulsion AB and its subsidiaries.  The sale is expected to close on June 30, 2020.  Caterpillar Propulsion AB, formerly Berg Propulsion AB, is a leading manufacturer of mechanically and electrically driven propulsion systems and marine controls for ships.The proposed acquisition includes Caterpillar Propulsion AB and its subsidiaries, including Caterpillar Propulsion Production AB, as well as Caterpillar Propulsion Pte. Ltd, its subsidiary Caterpillar Propulsion International Trading (Shanghai)

Fortum and Uniper Sweden sign an agreement on a dismantling project at Oskarshamn and Barsebäck nuclear power plants in Sweden

FORTUM CORPORATION PRESS RELEASE 9.6.2020 Fortum and Uniper Sweden have signed an agreement on a dismantling project at Oskarshamn and Barsebäck nuclear power plants in Sweden. Fortum was awarded the agreement in a competitive bidding process. Uniper is performing large scale decommissioning of four nuclear units in one common programme. The now awarded dismantling project includes dismantling of the turbine auxiliary systems, feed water systems and moisture separator reheaters. The work will be carried out at two power plants and altogether four units in Sweden: Oskarshamn units 1

New mobile app from SKF simplifies bearing mounting

A new mobile tool - SKF Bearing Assist app, simplifies the process of mounting and installing bearings and can be used by everyone in a maintenance organisationGothenburg, 09 June 2020: SKF has developed a new mobile app that simplifies the task of mounting and replacing bearings. SKF Bearing Assist app, developed together with customers, provides detailed mounting instructions for a comprehensive range of SKF bearings. It is suitable for use by all engineering and maintenance teams and will minimise the problems of incorrect mounting, reducing installation time and cost, and helping to

Lundbeck plans to refocus and reinvigorate Research & Development

As part of its Expand and Invest to Grow-strategy, Lundbeck plans to make changes to its organization in Research & Development (R&D). The initiative could lead to a reduction of around 130-160 positions (subject to consultation).H. Lundbeck A/S (Lundbeck) plans to optimize its R&D-organization to enhance the company’s ability to strengthen and advance its pipeline across all phases in an evolving neuroscience landscape. The plan follows Lundbeck’s Expand and Invest to Grow-strategy of expanding the company’s operating space and rebuilding its pipeline of potential new medicines to treat

Successful First Surface Ship and Submarine Firings of Saab Lightweight Torpedo

Saab has together with the Swedish Defence Materiel Administration (FMV) and Swedish Armed Forces conducted the first tests with the Saab Lightweight Torpedo (SLWT) from a corvette and a submarine.The tests are the first of its kind for the new torpedo and were undertaken during February and March 2020 at sea ranges outside Karlskrona, on Sweden’s east coast in the Baltic Sea. The tests were conducted from a Gotland-class submarine and from a Visby-class corvette. The purpose of the firings was to verify that the torpedo can be safely launched from the vessels, which also included

Covid-19 has resulted in a decline in financial wellbeing - rising bills and debt are increasing concerns

Today, Intrum publishes a whitepaper that outlines the financial impact of Covid-19 on private households across 24 European countries. The whitepaper provides an initial follow-up on the trends in increased economic pressure and decreased financial wellbeing reported in Intrum’s European Consumer Payment Report 2019*.The key findings from the whitepaper display additional financial challenges faced by private households in Europe. As expected, a general increase in financial stress is reported. However, one in three respondents say that the pandemic is having a positive effect on their

New report with 33 expert tips on circular IT management

The new report from TCO Development, the organization behind the global leading sustainability certification for IT products TCO Certified, explains how everyone who buys and uses IT products can implement circular and more sustainable practices. “Circular solutions are already available. We now need to use them,” says Clare Hobby, Global Purchaser Engagement Director at TCO Development.The report, Impacts and Insights: Circular IT Management in Practice , sets out how the circular economy helps solve many of the most pressing

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