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NPRO – agreement for the sale of Oslo Properties AS

Norwegian Property ASA has entered into an agreement with Petter A. Stordalen for the sale of 100% of the shares in Oslo Properties AS. Oslo Properties comprise inter alia the remaining NOK 400 million vendor note relating to the sale of Norgani Hotels AS in 2010. In the transaction the vendor note is valued at par with the addition of accrued interest at closing, and total purchase price is estimated at NOK 420 million. Closing of the transaction is expected to take place during October 2013.  Olav Line, CEO of NPRO comments: “With the sale of Oslo Properties Norwegian Property will

Fiskars strengthens its Executive Board

Fiskars Corp.       Stock Exchange Release           September 16, 2013 at 9:00 EET Fiskars' Executive Board will be strengthened as of September 16, 2013 with two new members, the group’s new Senior Vice President, Human Resources, Nina Ariluoma-Hämäläinen and Chief Information Officer Frans Westerlund. Nina Ariluoma-Hämäläinen’s appointment was announced in August, 2013. Frans Westerlund has worked as Fiskars CIO since 2009.   Fiskars transformation into a world-class consumer goods company continues and both human resources and information technology play a key role in the company’

CapMan divests Curato to Altor

Funds managed by CapMan have signed an agreement to sell Curato AS, a leading provider of medical imaging services in Norway to Altor Fund III.Curato provides medical imaging (radiology) services in Norway and its main customers are the Regional Health Authorities, as well as health insurance companies and private individuals. The company has a nationwide network of 12 clinics and a patient flow of more than 300 000 patients annually. Curato’s annual turnover reached approx. €53 million in 2012 and currently employs some 220 people.  “We have achieved the strategic objective set for the

Exel Composites appoints Riku Kytömäki new President and CEO

EXEL COMPOSITES PLC     STOCK EXCHANGE RELEASE         16.9.2013 at 9.00 EXEL COMPOSITES APPOINTS RIKU KYTÖMÄKI NEW PRESIDENT AND CEOThe Board of Directors of Exel Composites Plc. has appointed Riku Kytömäki, currently a Senior Vice President at ABB, as new President and CEO of Exel Composites. He will assume his duties not later than 13 March 2014, and succeeds Vesa Korpimies, who will resign from his position. Vesa Korpimies will continue in his role as CEO until Riku Kytömäki takes up his position. “I joined Exel Composites in 1987 and have been the CEO during the last five years.

SALES DEVELOPMENT IN AUGUST AND THE THIRD QUARTER 2013

In August 2013, H&M Group total sales including VAT in local currencies increased by 14 percent compared to the same month the previous year. Sales in comparable units increased by 4 percent. Comparable units comprise the stores and the internet and catalogue sales countries that have been in operation for at least a financial year. In the third quarter of 2013, i.e. during period 1 June to 31 August, sales including VAT increased by 12 percent in local currencies compared to the corresponding quarter last year. Sales in comparable units increased by 2 percent. Sales including VAT in the

WWTT launches its FingerQ product using FPCs 1080A sensor

Today, World Wide Touch Technology (Holdings) Limited, (“WWTT”) commercially launched its FingerQ products and services, starting in Asia. FingerQ is available as a wide range of accessories that can be connected via the micro-USB connector of selected Android mobile phones and tablets. It delivers as forms of “sleeve” and “key” that can easily be mounted on smart phones like Samsung Galaxy S3, S4, Samsung Galaxy Note 2, Samsung Galaxy Tab, and Android phones equips with USB OTG support. FingerQ embraces a wide range of patented technologies that are developed by WWTT. It is a point-to-

Rash of Car Park Scratches Irritate UK Drivers

Parking spaces that are too small are costing motorists over 500 million pounds a year in repair bills for damaged paintwork.A new study from Halfords and paint renovation experts G3 Pro has revealed that over 10 million car owners have suffered annoying scuffs or scratches as a result of unwanted contact in car parks over the past year – with two thirds of them having to pay more than £50 to fix bodywork. Car doors are the most likely area to suffer scrapes as a result, accounting for 50% of reported damage, followed by bumpers (14%) and wings (13%). Halfords paint protection expert

Stora Enso has signed an agreement to redeem Efora shares from ABB

Stora Enso has agreed to redeem ABB’s 49% shareholding in Efora Oy on 31 October 2013 and become the sole owner of the company. The transaction is subject to approval from the Finnish Competition and Consumer Authority.Efora, established in 2009, is a joint-venture company owned by Stora Enso (51%) and ABB (49%) providing maintenance services at Stora Enso’s Heinola, Imatra, Oulu, Uimaharju, Varkaus and Veitsiluoto mills in Finland. It employs about 1 000 people. Efora will remain responsible for the maintenance operations at Stora Enso’s mills after the change in ownership. Stora Enso is

Asetek Receives First Order of RackCDU Liquid Cooling System

Strategic Milestone Validates Demand for Asetek Liquid Cooling Inside Data CentersSeptember 16, 2013 – Asetek® today announced the first order for its RackCDU™ data center liquid cooling solution  placed by one of its Original Equipment Manufacturing (OEM) partners for an undisclosed end customer. The milestone marks the first instance where an end user has purchased a liquid cooled High Performance Computing (HPC) cluster through one of Asetek’s OEMs. A total of 5 RackCDUs with cooling loops for a total of 280 compute nodes

Ulrich Spiesshofer takes over as ABB’s new Chief Executive Officer

Spiesshofer succeeds Joe Hogan following three-month handover, as announced in JuneZurich, Switzerland, Sept. 16, 2013 – Ulrich Spiesshofer has succeeded Joe Hogan as chief executive officer of ABB, the leading power and automation technology group, following the three-month orderly transition period announced earlier this year. Hogan will continue as advisor to the Board until the end of March 2014. In a welcoming statement, Hubertus von Grünberg, Chairman of ABB’s Board of Directors, said: "Ulrich Spiesshofer has an outstanding track record forming and developing high performing teams

Magnetic jet shows how stars begin their final transformation

Astronomers have for the first time found a jet of high-energy particles from a dying star.The discovery, by a team including Chalmers scientists, is a crucial step in explaining how some of the most beautiful objects in space are formed – and what happens when stars like the sun reach the end of their lives. At the end of their lives, stars like the sun transform into some of the most beautiful objects in space: amazing symmetric clouds of gas called planetary nebulae. But how planetary nebulae get their strange shapes has long been a mystery to astronomers. Chalmers University of

Media Release: Brabham Takes Double Scholarship Formula Ford Honours At Rockingham

Rockingham, Northamptonshire – Sunday 15 September 2013; Sam Brabham celebrated double Scholarship class victory on his debut at Rockingham Motor Speedway amid a clean sweep of podiums, including outright second and a further third place rostrum, at Europe’s fastest race track.The 19 year-old third generation driver opened his race weekend by topping the Scholarship times in Saturday’s damp qualifying session, securing fourth, sixth and fifth place grid slots for the triple-header race weekend. Swiftly recovering from wheelspin off the line for round 22, the JTR driver soon retrieved

Media Release: Walkinshaw Takes Eight For FW Motorsport At Rockingham

Rockingham, Northamptonshire – Sunday 15 September 2013: Fergus Walkinshaw finished FW Motorsport’s Rockingham Motor Speedway debut with a further eighth place points-paying finish in round 22 of the Michelin Ginetta GT Supercup today (Sunday).The debutant team from neighbouring Oxfordshire went into the second race of the weekend confident of another strong result following Walkinshaw’s fine form yesterday. But hopes of repeating Saturday’s blistering seven place opening lap charge were dashed due to a stall off the line, while Walkinshaw was blocked-in by a stationery Tom Oliphant

Briers’ Rubine Red Pruner & Pouch launched at Glee 2013

The Pruner & Pouch by gardening clothing and accessories supplier, Briers, is now available in striking, on trend, Rubine Red which is a fantastic deep pink. The innovative product comprises secateurs, a pouch complete with mobile phone pocket and a belt clip. The new addition is being launched on the Briers’ stand at Glee 2013. Trendy, chic and fashionable, the Briers’ Pruner & Pouch combines colourful, contemporary design with convenience. The co-ordinating secateurs are comfortable to use and give excellent results. The new Rubine Red addition is a colour upgrade and there will also

Briers expands range of gloves at Glee 2013

Leading gardening gloves and footwear designer, Briers, is expanding its range of workwear gloves with eight new product launches at Glee 2013. The new additions cover all gardening tasks, from dealing with thorns and moisture to working with ground that has been used by animals. As well as maximising safety and comfort, the new Briers gloves are trendy, stylish and fashionable. Particular attention has been made to encompass new technology and new materials. The new Briers gloves being launched today include: Professional Adaptable RRP £15.99 Adaptable glove that can be cut to

Briers’ launches knitwear and fleeces at Glee 2013

Leading gardening gloves and footwear supplier, Briers is this week launching a range of knitted and fleece outdoor accessories at Glee 2013. The new products include hat, scarf and glove sets and wellington boot warmers. Knitwear as outerwear has appeared on several major designer catwalks and featured prominently in fashion publications throughout this year. Perfect for days out in the cold, winter gardening or even the school run, Briers’ knitted and fleece products will keep customers warm, snug and stylish while out in freezing cold weather. The range includes: Knitted hat,

Briers children’s Stardust footwear launched at Glee 2013

Following a successful first year of sales, the Stardust footwear range from gardening clothing and accessories supplier, Briers, is today expanding with the launch of the children’s Stardust footwear range at Glee 2013. The Children’s Stardust footwear range includes boots, pumps and clogs that are waterproof, comfortable, fun and enjoyable for children to wear. For retailers, they create new revenue streams in the children’s footwear product category. The Stardust footwear range Children’s Stardust boots RRP £8.99Available in sizes 5-10 Funky stardust boot that will make

Spotlight Deal: Composting Adds Value for Mali Farmers

In the rural areas of some developing countries, bio-waste is a problem and so is the degradation of arable land through soil erosion and moisture loss. A new deal on the Maximpact platform offers a solution to both of these challenges for farm communities in rural Mali. Working with the Malian government, Transcarbon , a consulting firm that advises on sustainable development, has come up with a plan that will allow farmers to add value and increase production by transforming bio-waste into fertilizer.  It consists of a program to construct

One Year of Maximpact by Tom Holland

Maximpact.com has been in operation almost one year. And what a year it's been for impact investing and for us.  The last twelve months have seen impact investing—in fact all forms of social and sustainable investing—gain significant ground. We saw the Impact G8 in London and heard the buzz around impact grow louder. Some of the main infrastructure issues such as measurement and exits have begun to be addressed. The US has launched a huge impact investing initiative. Social Impact Bonds are beginning to prove their worth. And all over the world, new educational programs 

Mike McCreless Reveals the Secrets of Root Capital's Success

By Marta Maretich Root Capital is one of impact investing’s success stories.This nonprofit social investment fund grows rural prosperity in poor, environmentally vulnerable places in Africa and Latin America by lending capital, delivering financial training, and strengthening value chains for small and growing rural businesses. Since 1999, Root Capital has disbursed more than $500 million in loans to more than 425 borrowers representing nearly 750,000 farmers and artisans in 40 countries in Latin America and Sub-Saharan Africa while maintaining a repayment rate of 98% for borrowers and a

Briers’ new licensed kids’ ranges of gloves

Gardening gloves and footwear supplier, Briers, has today unveiled two new exciting ranges for children at Glee 2013. The licensed Cookie Cat and Dylan Dinosaur gloves, will make gardening fun for young children and create opportunities for retailers to win lifetime customers from an early age. Colourful, comfortable and manufactured in quality materials to the same exacting standards applied to all Briers’ products, the new licensed ranges put the emphasis on letting children have fun outdoors, whatever the weather. Jackie Eades, Managing Director of Briers, said, “The Cookie Cat and

Cultivating Change: Why Agriculture Needs Impact Investing

By Marta Maretich  There’s a global food crisis looming, according to many commentators. The food price crisis of 2008 spooked world markets and gave us a taste of what may be to come in the future: commodity prices went through the roof and people in many parts of the world panicked. This lead to a reappraisal of food and agricultural policy in many quarters, spurring international aid organizations to action and attracting private investment to agriculture. This changed the agricultural investment landscape—but not enough.  There remains an urgent need for impact capital in agriculture

Gearhouse Broadcast wins contract for Ireland’s National Film School’s 5 Camera HDTV studio at Dun Laoghaire Institute of Art, Design and Technology

IBC2013, Hall 10 Stand 10.B39, 15 September 2013 – Leading broadcast services specialist, Gearhouse Broadcast , has been awarded the contract to design, supply, install and support a new state-of-the-art HDTV facility at the Dun Laoghaire Institute of Art, Design and Technology  (IADT) in Dublin. The two-studio campus is due to be officially opened at a ceremony on Tuesday, 26 November 2013. The IADT project was won in an open tender process. Gearhouse Broadcast’s Systems Integration division submitted the winning proposal and

Briers’ style waterproof footwear options with Daisy Prints at Glee 2013

Briers have today unleashed two new exciting additions to their daisy print footwear, including a newly shaped Daisy Boot in Pavel Mould and Daisy Ankle Boots, at Glee 2013, the UK's definitive garden retail event. For many, one pair of wellies or waterproof footwear will simply not be enough. This means that a good selection of styles in a range is an important factor.  Leg shape and potential weather conditions are also important considerations. Waterproof clogs provide a trendy alternative to a full leg welly, whilst our newly shaped daisy print welly follows a successful year for our

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