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Finnish Administrative Court confirms the favourable decision granted to Fortum on Belgian financing company taxation

FORTUM CORPORATION PRESS RELEASE 16 May 2016The Administrative Court in Finland on 16 May 2016 has rejected the Tax Recipients’ Legal Services Unit’s (VOVA) appeal regarding the tax assessmentimposed on Fortum in December 2013 for the year 2007. Thus the favourabledecision granted to Fortum by the Board of Adjustment of the Large Taxpayers’Office in 2014 remains in effect.According to the tax assessment given in December 2013, the additional taxesincluding penalties and late payment interest would have amounted to EUR 136.4million. Fortum has not made a provision, as based on

Saab Unveils The First Gripen E

Defence and security company Saab will take the next step in the evolution of the Gripen fighter system on 18 May, with the unveiling of the first test aircraft of the next generation, Gripen E.The unveiling of the first Gripen E test aircraft will take place at Saab’s facilities in Linköping. Among the speakers are the Swedish Minister for Defence, Peter Hultqvist; the Swedish Air Force Chief of Staff, Mats Helgesson; Commander of the Brazilian Air Force, Nivaldo Luiz Rossato; and from Saab the Chairman of the Board, Marcus Wallenberg; the CEO, Håkan Buskhe and head of business area

160516 Preem signs major cooperation agreement with US firm Beowulf Energy

Preem and Beowulf Energy LLC (US) have signed a cooperation agreement to examine the possibilities of a new residue hydrocracker plant in Lysekil to better meet the demand for transportation fuels. The purpose of the cooperation agreement is to develop the residue hydrocracker design basis for future investment decisions, and in parallel commence with the process of obtaining the necessary permits. The aim is to upgrade as much of the heavier fractions (heavy oil) as possible to sulphur free gasoline and diesel fuel. One of the driving forces behind studying this type of project is the

Fazer buys Frebaco mill in Sweden

Fazer Group continues executing its growth strategy and investing in oats expansion by acquiring the Frebaco mill in Sweden. With the acquisition, Fazer doubles its oats capacity and becomes a significant player in the global export of oats. Having joined forces with Frebaco, the new international Fazer Mills has unique expertise in oats and deep insights into the Nordic consumer.‘We are continuing our growth strategy and strengthening our position, both in Sweden and in oats. During the past few years, we have already invested 15 million euros in Finnish oats. With this acquisition, Fazer

Björn Borg acquires UK subsidiary.

Björn Borg has acquired the shares held by the minority shareholder of subsidiary Björn Borg UK Limited, representing 20% of total share. Following the acquisition, the UK subsidiary is now wholly owned by the group, and is a step towards the group goal of becoming a more vertically integrated Björn Borg.The acquisition was made in conjunction with the exit by the minority shareholder as the Managing Director of the UK Company. Former UK Sales Manager Neil Smith will take over as Country Sales Manager for the UK branch. Says Björn Borg CEO Henrik Bunge: “We have now taken yet another

Cantargia interim report January – March 2016

Cantargia AB’s (”Cantargia”) interim report for January – March 2016 is available on the company website (www.cantargia.com/Investors/Reports).Significant events in the first quarter · Approval from the European Patent Office (EPO) of Cantargia’s patent application for IL1RAP as target for antibody therapy and diagnostics of several types of solid tumours, and patent approvals in Australia, Japan and Mexico for use of IL1RAP as target molecule for antibody treatment of hematological malignancies. · The second toxicity study of the CAN04 product candidate showed that the treatment

New CEO for CybAero

CybAero´s Board of Directors appoints Rolf Schytt Chief Executive Officer effective May 16. He will succeed Mikael Hult, who has been CEO since 2004. From 2010-2013 Mikael Hult was Chairman of the Board.Mikael Hult has been responsible for the development of CybAero and its products for more than 10 years. In 2015 he entered into a strategic relationship with Albright Stonebridge Group to assist in identifying new customers and ensuring the Apid One System is positioned as the world´s leading remotely piloted helicopter system. ”In view of the big changes that CybAero is undergoing with

Skanska renovates Fifth Third Arena at the University of Cincinnati, USA, for USD 50M, about SEK 420M

Skanska has, together with its joint venture partner Megen Construction, signed a contract for about USD 70M with the University of Cincinnati to manage the renovation of its multi-purpose Fifth Third Arena. Skanska has a 70 percent share of the contract, worth about USD 50M, about SEK 420M, which will be included in the order bookings for Skanska USA Building in the second quarter 2016.Renovations to the 26-year old facility, originally named the Myrl H. Shoemaker Center, include the creation of a 360-degree seating bowl with space for 11,500 spectators. It includes new concessions and

Sobi's CEO divests a portion of incentive shares

Swedish Orphan Biovitrum AB’s (publ)  (Sobi™) CEO Geoffrey McDonough has divested 230,000 of the shares he holds in the company. The sale was made in part to pay the estimated US tax due relating to the vesting of the company’s 2013 long-term incentive programme, and to prepare to invest in the upcoming 2016 long-term incentive programme should it be approved by the Annual General Meeting later this month. The 2013 long-term incentive programme has met its objectives and will vest in full. Geoffrey McDonough will receive 135,000 shares under this programme. After the

INTERIM REPORT JANUARY – MARCH 2016

· Profit after net financial items amounted to SEK 69 million (103) for the first quarter of 2016.   · Cash flow before investments totalled SEK 29 million (62). Rottneros is debt-free and at the end of the quarter, cash and cash equivalents totalled SEK 159 million (116).   · Net turnover for the first quarter was SEK 432 million (454).   · NBSK pulp price quotation continued to decline and was USD 792 on the average during the first quarter. Denominated in SEK, the quotation was 11 per cent lower than in the first quarter of 2015 and 4 per cent lower than in the fourth quarter of

Raisio to invest in the fish feed production

Raisio plc, Stock Exchange Release, 16 May 2016 RAISIO TO INVEST IN THE FISH FEED PRODUCTION Raisio will make a total investment of nearly four million euros to expand its fish feed factory located in Raisio’s industrial area in Finland. The factory will have a new production line that increases production capacity by a third and improving technical features of feeds. The factory expansion is a significant investment in the ecologically sustainable Finnish fish farming industry. Construction of the new production line will begin in the summer 2016 and it will be completed in the

Proact signs infrastructure hosting contract with MTM

Proact has signed a contract to provide IT Infrastructure hosting for the Swedish Agency for Accessible Media (MTM), following a procurement where the agency has sought an external service provider to support its IT operations.The public procurement which resulted in Proact submitting the winning bid followed on MTM’s decision to assign its IT hosting and data centre operations to an external service provider. The assignment for MTM was initiated by Compose IT, the service provider which was acquired by Proact in December 2015as part of the strategic initiative to grow its datacenter,

2013 long-term incentive programme meets objectives and vests in full

Swedish Orphan Biovitrum AB ’s (publ) (Sobi™) Board of Directors today announced that the company’s 2013 long-term incentive programme met the objectives set and will vest in full. The total number of shares awarded to Sobi employees enrolled in the 2013 programme is 909,939. --- A summary of the terms and conditions of Sobi’s 2013 long-term incentive program can be found on in Sobi’s Annual Report 2015 . About Sobi™Sobi™ is an international specialty healthcare company dedicated to rare diseases. Our mission is to develop

Sales development in April 2016

The H&M Group’s sales including VAT increased by 5 percent in local currencies in April 2016 compared to thesame month the previous year. The cold spring which continued into April in several of H&M’s large markets has had an unfavourable impact onsales of transitional garments. The total number of stores amounted to 4,035 on 30 April 2016 compared to 3,610 on 30 April 2015. Percentage sales development for the month of May and total revenue in SEK for the second quarter(March to May) will be published in a separate press release on 15 June 2016. The Six-Month Report,

Konecranes acquires Terex’s Material Handling & Port Solutions business to create a focused global leader in Industrial Lifting & Port Solutions

· Acquisition against cash & shares, valuing the acquisition at EUR 1,126 million · Terex to become a 25% class B shareholder in Konecranes. Class B shares to have restricted voting rights and certain nomination rights · Synergies of EUR 140 million p.a. targeted at EBIT level, to be implemented within 3 years · The agreed purchase price represents a multiple of 10.5x enterprise value / 2015 adjusted EBITDA used for valuation purposes, and of 5.3x including run-rate synergies · Konecranes and Terex to terminate previously announced business combination  Konecranes, a world-

Nokian Tyres plc: Shares subscribed with option rights

Nokian Tyres plc   Stock Exchange Release 16 May 2016, 8.30 a.m. After 22 December 2015 registered new shares a total of 40 Nokian Tyres plc's shares have been subscribed with the 2010C option rights. These option rights are attached to the Nokian Tyres plc's Option Program of 2010. New shares have been registered into the Trade Register on 16 May 2016, as of which date the new shares will establish shareholder rights. The share capital will not increase with subscriptions made by 2010 option rights. The entire subscription price of EUR 1,238.00 will be entered in the invested

Powerbox appoints Acumen, increasing support to South East Asian customers and contract manufacturers

Powerbox , one of Europe’s largest power supply companies and a leading force in optimizing power solutions for demanding applications, announced today that it has appointed Acumen Components Group to distribute PRBX products and power-solutions to South East Asia. This agreement will strengthen Powerbox’s presence in the region and provide local support to its customers and their contract manufacturers.Headquartered in Singapore, Acumen Components Group was established in 1995 to cater for a growing demand for procurement solutions from

A new tool from VTT for the economic evaluation of security solutions for urban areas

VTT Technical Research Centre of Finland Ltd has developed an economic evaluation procedure, RESEC, to enable authorities, urban security planners, and risk management professionals to evaluate the costs and benefits of security solutions for urban environments. Urbanisation provides benefits through the centralisation of people, activities and capital. Meanwhile, as cities grow, natural disasters and intentional criminal acts can have more severe short-term impacts on and larger-scale consequences for economic growth and welfare as well as urban security. RESEC – a procedure and

KONE to improve flow of urban life at Liuzhou Poly International Center in China

KONE Corporation, press release, May 16, 2016 KONE, a global leader in the elevator and escalator industry, has won an order for 33 elevators and 21 escalators to be installed at the Liuzhou Poly International Center mixed-use development in Liuzhou, a city in the Guangxi Autonomous Region of South Central China. The development includes a 54-story office and hotel tower that rises to a height of 248 meters and a shopping mall. KONE will deliver two KONE MonoSpace® elevators, 31 KONE MiniSpace(TM) elevators, 21 KONE TravelMaster(TM) escalators, and the advanced KONE

Solberg a stranger to second…

News release 15.05.16 Solberg a stranger to second… After a troublesome race weekend in Germany last weekend, triple FIA World Champion Solberg was a much happier man after his second podium from three races this season. For the first time in 721 days or one year, 11 months and 20 days, Petter Solberg’s not leading the FIA World Rallycross Championship. That’s unbelievable. Don’t stress, he’s still second after this weekend’s World RX of Belgium. “The weekend went well for us,” he said. “In fact, the week went well for us. After Hockenheim, we stayed in Germany to figure out

Starbreeze and Acer to Form Joint Venture for the StarVR Headset

CANNES (May 15, 2016) Starbreeze AB and Acer Inc. today signed a letter of intent to form a joint venture for the StarVR Virtual Reality (VR) Head-Mounted Display (HMD). The two companies aim to cooperate on the design, manufacturing, promotion, marketing and sales of the StarVR HMD to the professional- and location-based entertainment market.“Since our launch in June 2015, we have had an amazing start with StarVR. By partnering with Acer we shift gears yet again to firmly position us as the leader in top-end VR experiences. Acer is an excellent, experienced and prominent hardware partner

Starbreeze and Acer to Form Joint Venture for the StarVR Headset

CANNES ( May 15 , 2016) Starbreeze AB and Acer Inc. today signed a letter of intent to form a joint venture for the StarVR Virtual Reality (VR) Head-Mounted Display (HMD). The two companies aim to cooperate on the design, manufacturing, promotion, marketing and sales of the StarVR HMD to the professional- and location-based entertainment market. “Since our launch in June 2015, we have had an amazing start with StarVR. By partnering with Acer we shift gears yet again to firmly position us as the leader in top-end VR experiences. Acer is an excellent, experienced and prominent hardware

Fourmillion have already sailed on the M/S Viking Grace

The cruise ship M/S Viking Grace has now transported four million passengers.  The ceremonial passenger who broke the four million mark was celebrated on board the vessel on Friday, May 13. The M/S Viking Grace, which went into service in January 2013, is still the only passenger ship on the Baltic Sea that runs on liquefied natural gas. Among the features on the vessel, which sails the Turku–Stockholm route, are top-quality restaurants, recently modernized spa facilities and a unique offering in its Victoria’s Secret Beauty & Accessories shop.The four-million passenger milestone was

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