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SKF invests SEK 450 million in deep groove ball bearing manufacturing

Staff reductions connected to automation investments in Bari will result in restructuring costs of approximately SEK 140 million in the second quarter of 2019.Gothenburg, 19 June 2019: SKF is investing approximately SEK 450 million in improving the competitiveness of its deep groove ball bearing (DGBB) offering. This includes shifting some production from Bari, Italy to Asia and Eastern Europe. DGBB manufacturing in China is to be consolidated into a new factory and an automated production channel is also being implemented in Bari. Balancing the Group’s regional manufacturing footprint

Bevespi Aerosphere approved by the Japanese

19 June 2019 07:00 BST Bevespi Aerosphere approved by the Japanese Ministry of Health, Labourand Welfare for patients with chronic obstructive pulmonary disease First approval of a fixed-dose, long-acting dual bronchodilatorin a pressurised metered-dose inhaler device in Japan  AstraZeneca today announced that Bevespi Aerosphere (glycopyrronium/formoterol fumarate) has been approved in Japan as a fixed-dose, long-acting dual bronchodilator to relieve symptoms in patients with chronic obstructive pulmonary disease (COPD).  This is the first approval by the Japanese Ministry

Walnut Bidco's offer for Oriflame: Information on expected replacement of financing following completion of the Offer

Press release 19 June 2019 This announcement is not an offer, whether directly or indirectly, in Australia, Canada, Hong Kong, Japan, New Zealand or South Africa or in any other jurisdictions where such offer pursuant to legislation and regulations in such relevant jurisdictions would be prohibited by applicable law.On 22 May 2019, Walnut Bidco Plc ("Walnut Bidco") announced a public offer to the shareholders in Oriflame Holding AG ("Oriflame" or the "Company") to tender all their shares in Oriflame to Walnut Bidco (the "Offer"). In connection with the Offer, Walnut Bidco obtained debt

Lynparza approved in Japan for 1st-line

19 June 2019 07:00 BST Lynparza approved in Japan for 1st-line maintenancetherapy in BRCA-mutated advanced ovarian cancer 60% of patients receiving Lynparza remained free of disease progressionafter three years vs. 27% receiving placebo in pivotal Phase III SOLO-1 trial AstraZeneca and MSD's Lynparza is the only PARP inhibitor approved in Japan AstraZeneca and MSD Inc., Kenilworth, N.J., US (MSD: known as Merck & Co., Inc. inside the US and Canada) today announced that Lynparza (olaparib) has been approved in Japan as a maintenance treatment after 1st-line chemotherapy in

Azelio offers its technology to increase reliable clean power supply for refugee camps in Jordan

Azelio has invited UNHCR to explore the company’s unique energy storage technology as a complement to the existing solar photovoltaic power installations in refugee camps in Jordan. UNHCR aims for the refugee camps to be self-sufficient and is now looking for solutions providing reliable on-site clean power supply at all hours of the day. As a first step, Azelio assessed the refugee camp of Azraq and will present to UNHCR’s energy experts later this year a comprehensive feasibility study based on Azelio’s technology.“It is an honor for Azelio to help UNHCR analyze how to reach 100 %

Readly secures €15 million in new funding

London 19 June 2019: Readly, the European category leader in digital magazine subscriptions, today announced that it has completed a €15 million investment round, led by the Third Swedish National Pension Fund (“AP3”), London based Zouk Capital, and Swedbank Robur, with participation from other existing and new investors. Since the Company was founded in 2012, Readly has pioneered the market for digital magazine subscriptions by providing its users with unlimited access to local and international high-quality content from well-renowned publishers both in the UK and globally. With a

Essi Sten recruited as new head of Hemfosa’s Finnish operations

Essi Sten has been recruited as new head of Hemfosa’s operations in Finland. She has extensive experience from senior positions in the property sector, most recently as Country Manager and Head of Asset Management at PATRIZIA Finland Oy. Essi Sten will assume her position after the summer. With an operational presence in Finland, Hemfosa will accelerate its efforts to grow in the expansive Finnish market for community service properties.Essi Sten’s most recent position was Country Manager and Head of Asset Management at the international real estate company PATRIZIA, where she worked for

Rejlers enters into a strategic partnership with Neste by means of an acquisition and a new five year frame agreement

Rejlers has today entered into an agreement to acquire strategically important business units from Neste Engineering Solutions. The acquired entities employ 333 staff in total and the purchase price amounts to EUR 21 m. The acquisition is well aligned with the new strategy for growth in existing markets, within project based consulting and within the energy sector, that was communicated in connection with the quarterly report for the first quarter 2019. The transaction is expected to be completed no later than 1 October 2019. In connection with the acquisition, the parties have entered

Neste Engineering Solutions and Rejlers enter into strategic partnership - Rejlers acquires the Regional Business Unit of Neste Engineering Solutions

Neste Corporation, Press Release, 19 June 2019, at 8.30am (EET) Neste Engineering Solutions has agreed to create a strategic partnership with engineering consultancy services company Rejlers. The partnership strengthens delivery capability and improves the focus of Neste Engineering Solutions. As part of the partnership agreement, Rejlers will acquire the Regional Business Unit of Neste Engineering Solutions and the parties will make a long-term cooperation agreement. The Regional Business Unit of Neste Engineering Solutions consists of personnel and operations in Turku, Kotka, Oulu,

Bio jet fuel used again for refuelling at Göteborg Landvetter Airport

Since June 5, a number of Swedavia’s airports have received deliveries of bio jet fuel. On June 19, it will be Göteborg Landvetter Airport’s turn, when bio jet fuel will be refuelled during air travel from the airport in the next few days. This is the third straight year that bio jet fuel will be used to refuel aircraft at Göteborg Landvetter. The first time bio jet fuel was used at the airport was in May two years ago. The delivery to Göteborg Landvetter is part of the 450 tonnes of bio jet fuel that Swedavia has purchased annually since 2016, which corresponds to the amount used in one

A weak quarter with important steps forward

The MQ Group looks back on a quarter with weak sales, driven by lower sales in the summery categories of the range. There has been a continued high level of campaign activity, both for us and the market, and this has continued to put pressure on margins. MQ’s new online shopping platform was launched at the end of the quarter and generated good results from the outset. The structural action programme is running at full force with store closures, cost savings and the integration of employees from Joy’s headquarters into MQ premises. The preference share issue continued during the quarter and

New study – The Probi FerroSorb® concept effective in preventing iron deficiency anemia during pregnancy

A recently completed clinical trial has successfully demonstrated that Probi FerroSorb®, a unique probiotic concept containing Lactobacillus plantarum 299v® significantly improves iron status in pregnant women. “We are very excited to have concluded the study showing an opportunity to safely improve health in pregnant women, a particularly sensitive population, through the use of Probi’s probiotics. The results show that use of Probi FerroSorb® reduced iron deficiency as well as the prevalence of anemia for the study participants. This is the first double-blind, placebo controlled study

PRH has deregistered companies that have not filed their financial statements for registration

The Finnish Patent and Registration Office (PRH) has removed from the Finnish Trade Register more than 3,400 limited liability companies and co-operatives that have not filed their financial statements for registration.The deregistered companies had not filed their financial statements despite reminder letters. The PRH had also informed the companies of the procedure using a number of communication channels. The companies deregistered on 17 June 2019 are listed on the prh.fi website. · Go to the website in Finnish.  

ABB appoints Maria Varsellona as General Counsel & Company Secretary

Zurich, Switzerland, June 19, 2019 - Italian citizen Varsellona brings international legal and technology experience; she will succeed Diane de Saint Victor who will retire after more than 12 years with ABBABB has announced that Maria Varsellona is to succeed Diane de Saint Victor as ABB General Counsel and Company Secretary. Varsellona will be appointed Group General Counsel and member of the Executive Committee, effective November 1, 2019. De Saint Victor will continue as Company Secretary, reporting to Chairman and CEO Peter Voser, until March 31, 2020. Effective April 1, 2020,

Orkla ASA: Jaan Ivar Semlitsch to take over as Orkla President and CEO on 15 August

On 5 June 2019 it was announced that Jaan Ivar Semlitsch is to be the new President and CEO of Orkla. He will take up the post on 15 August 2019. Following the departure of former President and CEO Peter A. Ruzicka on 7 May, Terje Andersen was appointed acting President and CEO, and will remain in the position until Semlitsch joins the group. Please find enclosed the press release issued 5 June 2019. Orkla is a leading supplier of branded consumer goods and concept solutions for the consumer, out-of-home and bakery segments in the Nordic region, the Baltics and selected markets in

Fatty fish without environmental pollutants protect against type 2 diabetes

If the fatty fish we eat were free of environmental pollutants, it would reduce our risk of developing type 2 diabetes. However, the pollutants in the fish have the opposite effect and appears to eliminate the protective effect from fatty fish intake. This has been shown by researchers at Chalmers University of Technology in Sweden, using innovative methods that could be used to address several questions about food and health in future studies. Research on the effect of fish consumption on diabetes risk has produced contradictory results in recent years. Some studies show that eating a

High postural sway doubles older women’s fracture risk

Postural sway is an independent risk factor for bone fractures in postmenopausal women, according to a new study from the University of Eastern Finland and Kuopio University Hospital. Women with the highest postural sway had a two times higher fracture risk compared to women with the lowest postural sway. In addition, a combination of high postural sway and low bone mineral density was associated with a five times higher overall fracture risk and an 11 times higher osteoporotic fracture risk. The results were published in Journal of Bone and Mineral Research. Postural sway is the

Nepa names Esha Nagar Managing Director in India

STOCKHOLM, Sweden/ MUMBAI, India, (June 19, 2019) – Nepa, a leading Consumer Science company offering customer experience and marketing optimization solutions, has named Esha Nagar Managing Director within Sales for Nepa India. She will be based in Mumbai and will oversee Nepa research and client development efforts across a range of vertical industries. Nepa AB will continue to maintain a separate Product Operations Unit in Mumbai responsible for servicing global clients. Esha has been with Nepa as a Director for two years and previously oversaw the Sales and Marketing vertical in India.

BAUHAUS 2019: The student view

Interviews with Bauhaus studentsDuring the 100th anniversary celebrations of the foundation of the Bauhaus, we tend to look back to understand the impact of this groundbreaking movement. But the century-old Bauhaus spirit is alive and well in Weimar and Dessau, where students live and study at the Bauhaus-University Weimar  and the Bauhaus Dessau Foundation . “Bauhaus is an architectural World Heritage building; an important part of design development. But for me, it is also ‘the museum I’m studying in!’ ” explains one of the

GCI selects Ericsson for 5G rollout in Alaska

· Deployment includes Ericsson’s 3GPP standards-based 5G New Radio (NR) hardware and software to macro cell sites across the Municipality of Anchorage · Consumers benefit from faster speeds and better coverage, while new wireless functionality will accelerate applications for the oil, gas, mining and healthcare industries across Alaska · Supports local government efforts to grow the nation’s northernmost smart city, enabling the Municipality to deliver services that will reduce costs and improve lives of residentsEricsson (NASDAQ: ERIC) has been selected by GCI, Alaska’s largest

CELLINK has completed a directed share issue of SEK 148.5 million

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, WITHIN OR INTO THE US, CANADA, JAPAN, AUSTRALIA, HONG KONG, NEW ZEELAND, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE CONTRAVENING TO ANY APPLICABLE RULES. ADDITIONAL RESTRICTIONS ARE APPLICABLE, PLEASE SEE “IMPORTANT INFORMATION” IN THE END OF THIS PRESS RELEASE.The Board of Directors of CELLINK AB (publ) (“CELLINK” or the “Company”) has, based on the authorization given by the Company’s Annual General Meeting that was held on 13

Attendo: profit forecast for the second quarter 2019 and a comprehensive action programme including strengthening of management team in Finland

Attendo has initiated an action programme to create a better balance between the pace of new nursing home openings and occupancy in existing homes. The company expects lower profits than the financial markets expectations, mainly due to lower sales growth from new care beds in Finland. Attendo expects an operating profit (EBITA*) of approximately SEK 120 million during the second quarter of 2019. The forecast for the second quarter reflects the ongoing profit run-rate and does not include non-recurring items. Measures are now taken to strengthen the leadership of the Finnish organisation with

Volvo Group Capital Markets Day – “Perform and Transform”

At the Capital Markets Day today, Martin Lundstedt, Volvo Group President and CEO, and Jensen Huang, NVIDIA founder and CEO, presented a partnership to jointly develop the decision-making system of autonomous commercial vehicles and machines. The Capital Markets Day focused on the Group’s strategy and improved financial performance on the theme “Perform and Transform”.Utilizing NVIDIA’s end-to-end artificial intelligence platform for training, simulation and in-vehicle computing, the resulting system is designed to safely handle fully autonomous driving on public roads and highways. The

JoyHaptics unveils new iXu huggable bear to connect long-distance loved ones through new remote touch technology

The company has launched a new Kickstarter campaign to combat touch hunger with its new designer bearJoyHaptics , the company behind the iXu huggable bear which mirrors human touch over long-distance, has now launched its crowdfunding campaign on Kickstarter to put its haptic bear into production after 3 years of research and development. The iXu Bear is the first product of its kind to use technology based on C-Tactile touch science. Each plush iXu Bear is exclusively paired with another so that when users stroke the back of the first bear, the hand movement

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