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Repo rate raised to zero per cent

Inflation has been close to the Riksbank’s target of 2 per cent since the start of 2017, and the Riksbank assesses that conditions are good for inflation to remain close to the target going forward. Therefore, in line with the assessment in October, the Executive Board has decided to raise the repo rate from –0.25 per cent to zero per cent. The forecast for the repo rate is unchanged, and the repo rate is expected to remain at zero per cent in the coming years.Inflation on target Similar to economies abroad, the Swedish economy has entered a phase with lower growth. However, the slowdown

Ericsson and Microsoft team up for the next generation of connected cars

· Integration of Ericsson’s Connected Vehicle Cloud and Microsoft Connected Vehicle Platform enables automakers to accelerate the delivery of new connected car services worldwide · Connected vehicle cloud as-a-service to reduce complexity, enable innovation, and simplify the application development in automotive industryEricsson (NASDAQ: ERIC) and Microsoft (NASDAQ: MSFT) are bringing their connected vehicle expertise together. Ericsson is building its Connected Vehicle Cloud  on top of the Microsoft

CELLINK’s BIO X wins The Chicago Athenaeum’s prestigious GOOD DESIGN Award

The GOOD DESIGN Awards is the oldest and most prestigious global awards program for design excellence and design innovation. CELLINK’s flagship bioprinter, the BIO X, has won a GOOD DESIGN Award from The Chicago Athenaeum Museum of Architecture and Design and Metropolitan Arts Press Ltd. The Museum annually selects the most innovative and cutting-edge industrial, product and graphic designs produced around the world. CELLINK developed BIO X in 2017. The BIO X, patented in both the U.S. and in Europe, won a GOOD DESIGN Award in the medical category.  For over seven decades since its

Wild swimmers celebrate Winter Solstice in English Lake District this weekend

WILD swimming meets the Winter Solstice in the English Lake District this weekend and Laura Clarke wouldn’t miss it for the world. Laura, whose outdoor adventures include trekking to Everest Base Camp, loves nothing more than an early morning dip in the tranquil waters of the Lake District. "There's just you and the water surrounded by amazing scenery at the first light of day,” said Laura.  "It takes your mind off anything that you are concerned about or worried about, anything that is in your head. “When you've done that first thing in the morning you end up going on to have a

Västfastigheter signs framework agreement with AFRY

Swedish property management company Västfastigheter has conducted a major tendering process, inviting bids for consultancy services. AFRY was awarded first place in the categories HVAC, energy and fire protection, as well as a third place in the category electricity. The framework agreement covers 2020-2021 with the option of extension.Västfastigheter is a large property management company with technology-centred properties. They build, rebuild and run critical healthcare environments as well as properties related to culture and education within the entire Västra Götaland Region in western

Singer Sri Lanka upgrades to IFS Applications 10 to support 2,000 employees

IFS ERP solution to support all mission-critical processes in nationwide transformation project covering the company’s network of over 430 branches London, December 19, 2019 – IFS , the global enterprise applications company, announces that Singer Sri Lanka PLC , one of the largest home appliance and electronics retailers in Sri Lanka has chosen IFS Applications™  as its central ERP platform to boost productivity and decision-making.As a well-established sewing machine brand, Singer'

Lloyd’s Register’s certification validates Wärtsilä Marine’s cyber security measures

Wärtsilä Corporation, Trade press release, 19 December 2019 at 10 am EET· Wärtsilä awarded Lloyds Register cyber security certification for fully connected and integrated operational systems · The Lloyds Register certification is one of the first to be awarded globally The technology group Wärtsilä has been awarded Lloyd’s Register (LR) system-level cyber certification for its network architecture relating to Wärtsilä’s integrated main and auxiliary machinery. The LR’s ShipRight SAFE AL2 certification, which is with Wärtsilä’s Data Collection Unit (WDCU), gives Approval-in-Principle (

Clever LVL panel connection method wins Open Source Wood challenge

In August, Metsä Wood’s Open Source Wood, an open platform developed to connect people and innovation in the wood construction industry, announced a competition to find clever ways to connect large LVL panels. The winning idea – 1% Waste – was designed by Nazar Shklianka, an architect from Ukraine. The panel connection challenge received good ideas that can be used in practice. The winner was selected by a group of experts from Metsä Wood. “The level of the designs we received exceeded our expectations,” says the head of the jury, Jussi Björman, Director of Technical Customer Service.

NENT Group extends exclusive UFC rights

· Viaplay to show more than 40 UFC events live every year · Nordic UFC stars include Makwan Amirkhani, Jack Hermansson and Mark O. Madsen · NENT Group shows more than 50,000 hours of the world’s best live sporting action every year Nordic Entertainment Group (NENT Group), the Nordic region’s leading streaming company, and UFC, the world’s premier MMA organisation, have today announced the extension of NENT Group’s exclusive Nordic UFC media rights in a multi-year agreement. UFC events will continue to be shown live on NENT Group’s Viaplay streaming service, with selected events

Changes in the Board of Directors of AAK

Due to new external commitments, Lillie Li Valeur has decided to leave the Board of Directors of AAK AB. The change is effective as of today. Board member Bengt Baron will replace Lillie in the board’s Audit Committee. “On behalf of the Board of Directors, I would like to thank Lillie for her engagement and contributions during her time as board member of AAK”, said Georg Brunstam, Chairman of the Board. “We wish her the best of luck with her future commitments.” Lillie Li Valeur was elected board member of AAK in 2013.   For further information, please contact:Fredrik Nilsson

Capital increase in TORM due to exercise of Restricted Share Units as part of the Company’s incentive program

TORM plc (“TORM”) increases its share capital by 31,899 A-shares (corresponding to a nominal value of USD 318.99) as a result of the exercise of a corresponding number of Restricted Share Units. The capital increase is carried out without any pre-emption rights for existing shareholders or others. The new shares have been subscribed for in cash at DKK 53.7 per A-share with a nominal value of USD 0.01 each. The new shares are ordinary shares without any special rights and are negotiable instruments. The new shares give right to dividends and other rights in relation to TORM as of the

Troax expanding in Japan

Hillerstorp 19th of December  2019, 08:45 CET Troax is acquiring parts of its distribution company, and developing its organization for increased benefits to customers in the Asia-Pacific regionTroax announces that it is purchasing the division managing machineguarding and safety from Japanese distribution company Morita & Company. Troax previously had a close collaboration with this business unit; the acquisition will come into force on 1 January 2020.     “We have been operating in Japan for 15 years, and the time has now come to expand our presence,” says Thomas Widstrand, President

Redeye: Global Gaming 555 - Adapting to a new reality

The third quarter was the first quarter for Global Gaming without any revenue from Sweden for the Ninja Casino brand, due to the revoked license. The third quarter also marked the beginning of the company’s next chapter. Although it has the cushion of over SEK 160m in cash, adapting to a new reality where Finland and Estonia are Ninja’s main source of revenues will take time and is likely to bring major losses in the short-term. Read more and download the research update: http://bit.ly/2PXNhOt Start following companies at Redeye to receive the latest equity research within Life

K-Fastigheter expands in Växjö

K-Fastigheter is expanding its property portfolio in the town of Växjö in southern Sweden by acquiring a construction project with 36 rental apartments in sustainable housing area Vikaholm.K-Fast Holding AB (“K-Fastigheter”), an active and committed landlord offering attractive homes in southwestern Sweden, has acquired 100 percent of the shares in C4 Hus Förvaltning 11 AB, a company that has signed an agreement to acquire the Taket 2 property. Under a turnkey contract, C4 Hus is to construct nine buildings with a total of 36 apartments. The buildings will have a total lettable area of

Redeye initiates coverage of Toadman Interactive

Redeye initiates coverage of Toadman Interactive, a one-stop-shop for the entire gaming value chain. Our positive stance reflects management's untypical focus on cash flow generation alongside game development, enabling it to fund a pipeline of new releases and increasing the likelihood of blockbuster commercial successes. We believe the market is yet to fully grasp the transformation Toadman has undergone, which, in our view, leads to an attractive valuation of the company. We see a substantial potential from today's share price level. Read more and download the research update: http://

HAMLET Pharma initiates a GLP study to evaluate if intracerebral infusion of the drug candidate Alpha1H has any toxic effects

Hamlet Pharma is on track with its plans to engage in a clinical trial of Alpha1H for the treatment of brain tumors. It is anticipated that Alpha1H will be infused intracerebrally for at least one week in humans in order to evaluate its effects on the disease, either alone or  in combination with other drugs. To assess the risk of side effects in clinical studies,  it is necessary to first determine whether infusions of Alpha1H cause any adverse effects in animal brain tissue.The toxicology study will be performed by Adlego Biomedical; a specialst company that has extensive experience in

Ivo Stopner, the President of Hufvudstaden, on continued sick leave Q1 2020

Ivo Stopner, the President of Hufvudstaden, who has been on sick leave during Q4 2019 due to the need for recovery after a period of excessive workload, will be on continued sick leave until March 31, 2020.The company’s Vice President Bo Wikare will continue to assume responsibility for the duties of the President until Ivo Stopner’s return on April 1, 2020.                                                                 Stockholm, December 19, 2019 HUFVUDSTADEN AB (publ)  Bo WikareActing President If you have any questions, please contact: Bo Wikare, Acting President,

Alfa Laval wins SEK 65 million wastewater treatment order

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order for decanters to be installed in wastewater treatment plants in Italy. The order has a value of approximately SEK 65 million and is booked in the Decanter unit of the Food & Water Division. Deliveries are scheduled for 2020.The order comprises Alfa Laval decanters to be used for dewatering sludge at the wastewater treatment plants. The order also includes service agreements “We have a broad range of reliable and efficient products for wastewater treatment. Efficient treatment

Redeye initiates coverage of Clinical Laserthermia Systems

We are initiating coverage of Clinical Laserthermia Systems. With approvals already secured both in Europe and the US for its laser treatment of tumors, CLS offers significant long-term potential - particularly as recurring disposables will be its main source of sales. We view a 5% or higher market share in its cancer indications as achievable within 10 years, by when revenues should be up to SEK 1bn. Read more and download the research update: http://bit.ly/2S7AT16 Start following companies at Redeye to receive the latest equity research within Life Science and Technology. This is

Basware’s Board of Directors has decided to establish a new share-based long-term incentive structure

Basware Corporation, stock exchange release, December 19, 2019 at 9.15 am EETThe Board of Directors of Basware Corporation has resolved to establish a new long-term incentive structure for the Group key employees. The renewed structure entails two share-based plans: · Performance Share Plan 2020-2021, which steers key employees toward realizing established strategic objectives and increasing shareholder value, and · Restricted Share Plan 2020, for selected key contributors in key markets. The aim of the new plans is to further align the objectives of shareholders and key

Mycronic receives order for an advanced mask writer and a measurement system

Mycronic AB (publ) has received an order for a Prexision 800 Evo mask writer for display applications and a Prexision MMS measurement system for quality assurance of advanced photomasks. The order has been received from an existing customer in Asia and is valued between USD 43 and 48 million. Delivery of the Prexision 800 Evo is scheduled for the third quarter of 2020 and the Prexision MMS for the second quarter of 2021. Mycronic offers mask writers for the manufacture of photomasks within different areas of application. These are display manufacturing (TV, smartphones and tablets) and

Collaboration with Neste enables AT-Tuote to launch the world’s first industrial lubricant with nearly 100% bio-based content

Neste Corporation, Press Release, 19 December 2019 at 9 a.m. (EET) Finnish AT-Tuote is launching an environmentally-friendlier industrial lubricant AT Renewable Penetrating Lubricant internationally. This is the world’s first industrial lubricant with nearly 100% bio-based content. The product is based on a new formulation: 95% of its content is derived from renewable sources, Neste MY Renewable Isoalkane ™ being the key component. Thanks to its primarily bio-based content, AT

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