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East Capital Financials Fund sells holding in Platinum Bank, Ukraine

Yesterday, the East Capital Financials Fund (‘ECFF’, or the ‘fund’) sold its 23.7% stake in PT Platinum Ltd, Cyprus, the holding company which owns 100% of Platinum Bank in Ukraine. The sale implied a total cash on cash return of 28.5% for the fund in EUR terms since original investment in 2007. The buyers of ECFF’s stake were a group of financial investors, including European Infrastructure Investment Company (Luxembourg).Platinum Bank was founded in 2005, and after focusing primarily on mortgage lending pre-crisis, the bank has, over the past few years, become one of the Top 5 leading

Aspera research yields 40 Gbps WAN Transfer Speeds on High-End Intel Platforms with Intel® DPDK

Aspera Labs, the research arm of Aspera, uses Intel DPDK to deliver superior transfer speed for high-performance computing environmentsDENVER, Colo.—SC13, Booth #4235, November 19, 2013 —Aspera, Inc. , creators of next-generation software technologies that move the world’s large data at maximum speed, have announced the results of a research project that Aspera Labs, the research arm of Aspera, has done in collaboration with Intel Corporation to investigate ultra high-speed (40 Gbps and beyond) data transfer solutions built on Intel® Xeon® processor E5 

Sporting Potential at Louth Hub

News release 19 November 2013Making a 3D video of sports competitors to analyse and improve their game is something usually only reserved for the Premier League or Olympic athletes. But now, thanks to onlincolnshire and the University of Lincoln, there is a chance for sports clubs and coaches to access such cutting-edge technology, with the launch of the latest Lincolnshire Technology Hub in Louth on 26th November. The hub will offer a range of 3D technologies to film sportsmen and women in mid-action – such as running, a batting stroke or dribbling a football – and provide

Keep dreaming….five of the best ski adventures

For some of the most inspiring winter adventures look no further than tailor-made ski specialist Ski Safari. Offering ultimate winning combinations, from an Arctic adventure in Sweden to mixing ski and sun in Whistler and Hawaii or in Aspen and Barbados to experiencing Canada’s Powder Highway or Utah’s skiing and National Parks there are plenty of ideas to add to your bucket list. SWEDISH ARCTIC SAFARI If you want to push the boundaries further, then a 10 night Åre and the Arctic  adventure will satiate most

IAR Systems updates its popular development tools for 8051-based microcontrollers

Uppsala, Sweden—November 19, 2013—Today, IAR Systems® releases an updated version of its complete C/C++ development toolchain IAR Embedded Workbench® for 8051. The toolchain, popular with the 8051 community, includes high-performance compiler and debugger tools with extensive support for a wide range of microcontrollers from manufacturers such as Atmel, Intel, Infineon, NXP, Silicon Labs and Texas Instruments. Version 8.30, released today, adds new and updated device support and integration possibilities as well as new features. Despite the growing complexity of applications and the

James Metcalfe Appointed Technical Sales Manager at Stewart

James Metcalf has recently been appointed Technical Sales Manager at Stewart, the UK’s leading manufacturer and supplier of plastic moulded products. Working within Stewart Technical, the packaging, promotion and custom design division of Stewart, James provides bespoke moulding solutions to clients in a wide range of sectors, most notably the automotive and aerospace industries. This involves helping businesses identify performance and supply parameters, preparing mould tooling designs, specifying materials and managing production costs. James provides a full project management service,

The Ultimate Christmas Present

Now that John Lewis has released their Christmas advert and supermarkets are finally stocking mince pies again there can be no doubt that the festive season is just round the corner. For those who want to avoid the turkey sandwiches and more sitcom repeats in the aftermath of Christmas, a surprise ski holiday could be the answer. What better gift could a family wake up to on Christmas morning than the chance to escape Boxing Day charades with the in-laws, and instead head out to the Alps for a genuinely white Christmas, while being back in time to be able to fulfill any New Years Eve plans.

IAR Systems updates its popular development tools for 8051-based microcontrollers

Uppsala, Sweden—November 19, 2013—Today, IAR Systems® releases an updated version of its complete C/C++ development toolchain IAR Embedded Workbench® for 8051. The toolchain, popular with the 8051 community, includes high-performance compiler and debugger tools with extensive support for a wide range of microcontrollers from manufacturers such as Atmel, Intel, Infineon, NXP, Silicon Labs and Texas Instruments. Version 8.30, released today, adds new and updated device support and integration possibilities as well as new features. Despite the growing complexity of applications and the

Ericsson powers MTN Rwanda Mobile Money Service

· MTN Rwanda has commercially launched Ericsson Converged Wallet · Rollout will make easy to use, next-generation financial services widely available and enables MTN Rwanda to respond rapidly to customer preferences · Seamless integration with prepaid systems supports cross-bundle offers and incentives Ericsson  (NASDAQ:ERIC) today announced that MTN Rwanda has deployed its Converged Wallet m-commerce solution. The launch brings easy-to-use, next-generation mobile financial services to MTN Rwanda's subscribers, including mobile phone users that do not

TRS Travelright is ready for takeoff!

New Swedish consumer portal turns delays into moneyStockholm November 18, 2013 The new Swedish consumer portal www.trstravelright.eu will make a huge difference to passengers suffering from delays, cancellations and denied boarding. Tens of thousands of passengers will get what is rightfully theirs: Money and justice. Their legal claims cannot be ignored, whether they travel by air, train, bus or ferry. However, many passengers are unwilling to engage in legal struggle. – Close to a million passengers per year have the right to compensation of up to 600 euro. Today a fraction of these

Seamless strengthens management team

As part of the rapid expansion of Seamless (OMX:SEAM) mobile payment solution SEQR, the company recruits Ingrid Lindström as new executive vice president. Most recently Ingrid held the position as CEO for the mobile payment company WyWallet and has long and substantial experience from leading international companies in the payment industry.- The payment industry is facing a similar shift in paradigm that the music industry went through where our solution will lead to significant savings for the retail industry. Seamless is well positioned to take a substantial market share and Ingrid

Alfa Laval wins SEK 75 million food order in Russia

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order in Russia to supply a complete process line for a vegetable protein extraction plant. The order, booked in the Food Technology segment, has a value of approximately SEK 75 million. Delivery is scheduled for 2014.Alfa Laval will supply a complete process line for refining sunflower seed into vegetable protein concentrate, sugar concentrate and fiber fraction. The process line includes separation, filtration and thermal units. “This order confirms the good growth and high activity we

FinnvedenBulten wins new business of an annual value of approximately SEK 240 million

PRESS RELEASE, GOTHENBURG 19 NOVEMBER 2013 | FinnvedenBulten continues to grow and has won several deals corresponding to approximately SEK 240 million annually. These, together with the previously announced deal from September 11, 2013 of approximately SEK 270 million (30 MEUR) along with Bulten’s planned production start in Russia, are expected to generate a substantial organic growth for FinnvedenBulten.“We are delighted that we have been able to sign several contracts during the year and by that further strengthen FinnvedenBulten’s position. Furthermore, there are good opportunities to

Clas Ohlson’s Nomination Committee appointed

In accordance with the applicable nomination procedure, as adopted by the Annual General Meeting, Clas Ohlson’s Nomination Committee is to comprise the Chairman of the Board and four members representing the four largest registered owners or shareholders known in some other manner. The Haid and Tidstrand families are to appoint one member each to the Nomination Committee.Prior to the 2014 Annual General Meeting, Clas Ohlson's Nomination Committee will comprise the following members: • Anders Moberg, Chairman of the Board of Clas Ohlson AB • Carl von Schantz, representing the Haid

Concentric oil and “smart” water pumps for Euro truck engines

Concentric AB has signed a multi-year contract with a global truck manufacturer to supply oil and variable flow water pumps for its new 11 litre engine which is designed to meet the requirements of Euro 6/EPA13 legislation.Annual revenues will be in the region of MSEK 76 , based on mature volumes of 30,000 engines per year across Europe and the US. This contract follows on from an earlier order announced in October 2012 from the same customer for water pumps on its new 13 litre engine, taking the total annual revenues anticipated for both contracts to approximately MSEK 148, based on total

Panoro Energy announces termination of the divestment of the Aje field in Nigeria

Further to Panoro’s announcement on November 7, Lekoil has informed Panoro that it has elected to terminate the Sale and Purchase Agreement to acquire Panoro’s 6.502% participating interest in the OML113 license offshore Nigeria for USD 30 million. In addition to the USD 4 million deposit already received, Panoro will receive a further USD3 million by either calling the USD 3 million bid bond or by receiving the equivalent in cash from Lekoil.  As a result, Panoro will eventually have received a total of USD 7 million from Lekoil. OML113 license has over the past 6 months become an

H+H International A/S - Interim financial report Q1-Q3 2013

Company Announcement No. 291, 2013 Copenhagen, Denmark, 2013-11-19 07:54 CET (GLOBE NEWSWIRE) --   H+H International A/SDampfærgevej 3, 3rd Floor2100 Copenhagen ØDenmarkTelephone: +45 35 27 02 00www.HplusH.comCVR No. 49 61 98 12   Key figures for the period 1 January to 30 September 2013 · Third-quarter revenue was DKK 377 million (2012: DKK 350 million). Revenue for the first three quarters was DKK 978 million (2012: DKK 962 million). · Third-quarter EBITDA was DKK 42 million (2012: DKK 39 million). EBITDA for the first three quarters was DKK 74 million (

International support for Iranian filmmaker Mohammad Rasoulof

Cathy Pearson (Get the Picture), Ryan Coogler (Last Stop Fruitvale Station) and Mark Cousins (The Story of Film). Those are some of the filmmakers that during the Stockholm International Film Festival (Nov 6-17) participated in a protest against the prohibition of Mohammad Rasoulof to leave Iran.A number of international directors, producers and actors had their photos taken with blindfolds on during the 24th edition of Stockholm International Film Festival. The reason they did this was to show their support to the Iranian-German filmmaker Mohammad Rasoulof, who had his passport confiscated

South Korea’s Yonsei University Health System orders four Elekta radiation therapy systems

STOCKHOLM, November 19 – Yonsei University Health System (YUHS) has reinforced its commitment to Elekta’s radiation therapy systems with the recent order of four additional high-end Elekta linear accelerators. The four linear accelerators, representing an order value of approximately USD 10 million, were booked in the second quarter of fiscal year 2013/14.“These systems provide YUHS the flexibility to treat the full spectrum of conventional radiotherapy techniques with advanced stereotactic precision,” says Ki-Chang Keum, MD, Chief Professor and Chairman of the Radiation Oncology Department

Reading the pancreas through the eye

Researchers at Karolinska Institutet in Sweden have found an innovative way to study glucose regulation in the body: by transferring the vital insulin-producing cells from the pancreas to the eye, the latter can serve as a kind of window through which health reports can be obtained from the former. The results, which are expected to have a significant impact on diabetes research, are published in scientific journal PNAS.The endocrine part of the pancreas, the Islets of Langerhans, produces and secretes insulin, the hormone that regulates blood sugar levels. After a meal, the hormone is

Executive Management changes at Swedbank

Anders Ekedahl, currently head of Savings Banks Business at Swedbank, has been appointed head of Group IT, a new position with overall responsibility for Group IT. Anders Ekedahl succeeds Mats Engstrand as member of Swedbank's Group Executive Committee. Mats Engstrand will continue his role as CIO. Johan Smedman has been appointed head of Savings Banks Business. He is currently head of Swedbank's Central Region.Anders Ekedahl has worked at Swedbank since 1987 and has a proven track record and experience in many different business areas of the bank. His previous positions included heading

Munksjö Oyj Interim Report January-September 2013 - Integration proceeding according to plan

MUNKSJÖ OYJ, INTERIM REPORT, 19 November, 2013 at 7.30 CETHighlights of the third quarter 2013 · Net sales for the third quarter increased to MEUR 245,1 (146,3), as a result of the first phase of the business combination. · Adjusted EBITDA was MEUR 11,0 (10,1). · Operating result adjusted for non-recurring items amounted to MEUR -0,2 (3,8). Most of the non-recurring items, totalling MEUR -1,9 (-4,6), was mainly costs for activities for achieving synergies. · Operating result was MEUR -2,1 (-0,8). · Earnings per share (EPS) were EUR -0,2 (-0,6). Highlights of the

Höegh LNG - Interim results for the period ended 30 September 2013

Highlights- Total income USD 45.7 million- Operating profit before depreciation USD 10.9 million- Loss before tax USD 2.6 million- Signed USD 310 million limited recourse facility for the financing of the Lampung FSRU and mooring project in Indonesia- Awarded pre-FEED study for jetty-moored barge FLNG solution for a North American LNG export project- Awarded pre-FEED study for offshore moored FLNG project in AustraliaSubsequent events- Time charter for LNG Libra extended 13 months by Gas Natural- Norman Lady sold"We are pleased to see that we execute according to

North American expansion for TeliaSonera International Carrier

Completion of Major Network Expansion TeliaSonera International Carrier (TSIC)  today announced the completion of a major North American network expansion. It adds 11,500 fiber miles (18,400 km) to TSIC’s global backbone.This will extend their reach to 44 American cities by December 31, 2014. It will also provide diverse connection into South America, where TSIC is experiencing rapid growth. The expansion builds on customer success and is evidence of TSIC’s strategy to keep meeting the ever-increasing performance demands of end users.TeliaSonera

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