Pick a time period -
No more available filters You need to apply a filter before selecting newsroom

Use our filters to get your customized news. Save and subscribe to as many filters as you want, get the news that YOU are interested in right in your mailbox, RSS feed or in your personalized dashboard. Share your stories, news, multimedia and pressreleases and get a wider audience with news.cision.com.

BillerudKorsnäs aims to divest the Beetham mill

BillerudKorsnäs is in a process with the aim of divesting the paper mill in Beetham, UK. The process is ongoing and no binding agreement to divest the mill has yet been entered into. Since BillerudKorsnäs’ machine glazed (MG) paper business has primarily been focused in Skärblacka, the strategic importance of Beetham to the rest of the group has been reduced.Beetham produces kraft paper for packaging of medical equipment, food packaging and other types of industrial applications and has a capacity of around 45 000 tonnes per year. In 2020, the facility had sales of around SEK 480 million.

Hammad Abuiseifan new CEO of Quickbit

Serod Nasrat has decided to resign from his role as CEO of Quickbit at his own request and the board has appointed Hammad Abuiseifan as new CEO. Serod Nasrat will continue to be active in the company, but in a different role.“Serod has successfully run Quickbit to the company it is today. Quickbit is now ready to take the next step in its development. The Board respects Serod's decision to resign from the role as CEO and we are pleased that he has chosen to continue within the company. We welcome Hammad Abuiseifan to take over from Serod, with the task of leading Quickbit in a new expansive

Biomaster protected Ammique beds supports Terra Carta for sustainable business

Ammique®, manufacturers of ‘the world’s most technologically advanced bed’ with Biomaster antimicrobial protection, has become an official supporter of Terra Carta , the charter that puts sustainability at the heart of the private sector. Launched by HRH The Prince of Wales on 11 January 2021, the Terra Carta lists 10 action articles for the decade towards an inclusive, prosperous and sustainable future. Ammique® has pledged to support the Terra Carta, its principles and action articles, which complement the company’s existing sustainability

Pharmacolog and Codonics® Expand Relationship

Pharmacolog and Codonics extend exclusive U.S. and Canadian distributor agreement to include DrugLog® in addition to WasteLog®In December 2020, Pharmacolog and Codonics entered into a distribution agreement, appointing Codonics as the exclusive distributor of WasteLog® in the U.S. and Canadian markets. The agreement is now expanded to include DrugLog® in both markets. DrugLog® is a robust and proven stand-alone solution for reducing errors in the drug administration process. In a few seconds, it can verify the identity and concentration of liquid pharmaceuticals in an instant, directly

New Boardmember Omnicar Holding AB

It is with great pleasure that we can announce that Kevin Magnussen has accepted to join the board of directors of Omnicar Holding AB.Magnussen who left Formula 1 at the end of 2020 is one of three ex-F1 drivers to be confirmed by Peugeot for their World Endurance Championship comeback. Claus T. Hansen, CEO of OmniCar Holding AB, says: “We are very excited about welcoming KM as a board member. KM has an outstanding reputation in the automotive industry. At a very young age his dedication, ambitions and hard work placed him among some of the best racing drivers in the world. KM has an

Finnair to offer an affordable corona testing near Helsinki Airport

Several EU countries require travellers to have a negative corona test as a requirement for entry. To make travel more accessible to more people, Finnair is now introducing a rapid antigen test that costs just 65 euros and is available from 4 August. Testing is handled by Finnair Health Services and it’s available at Finnair’s headquarters in Vantaa near the airport at Tietotie 9. The test can be booked online at finnairtest.mbooking.fi . The booking can be made with a Finnish personal identity code, or your date of birth. The test result and

ANNOUNCEMENT OF THE NAV OF THE P CAPITAL PARTNERS ALPHA

Stockholm, 29 July 2021 Since P Capital Partners Alpha decreased its contributed capital by SEK 28 million through a repayment to debenture holders and owners, the Net Asset Value of the P Capital Partners Alpha participation loan has been calculated. The Net Asset Value is to be calculated at the close of each quarter and in conjunction with a capital increase or decrease. The repayment amounted to SEK 19,000 per participation loan debenture, and SEK 3 million to the owners. At the close of business on 28 July 2021, the Net Asset Value of the P Capital Partners Alpha

ANNOUNCEMENT OF THE NAV OF P CAPITAL PARTNERS III

Stockholm, 29 July 2021 Since Proventus Capital Partners III decreased its contributed capital by SEK 288 million through a repayment to debenture holders and owners, the Net Asset Value of the P Capital Partners III participation loan has been calculated. The Net Asset Value is to be calculated at the close of each quarter and in conjunction with a capital increase or decrease. The repayment amounted to SEK 25,000 per Series A participation loan debenture, SEK 625,000 per Series B participation loan debenture and SEK 32 million to the owners. At the close of business on 28 July

Broad scope of Wärtsilä solutions selected for OHT’s next-generation wind turbine installation vessel

Wärtsilä Corporation, Press release, 29 July 2021 at 10:00 AM EESTThe technology group Wärtsilä has been selected to supply an integrated propulsion and dynamic positioning thruster solution, including the engines, a Wärtsilä NOx reducer emission abatement system , as well as steerable  and tunnel thrusters  to deliver optimum performance for vessel dynamic positioning in this new wind turbine installation vessel (WTIV). The ship is being built at the China Merchants Heavy Industry (Jiangsu) Co yard for

Securitas acquires leading electronic security company in Germany

Securitas, the world’s leading intelligent protective services partner, has agreed to acquire Protection One, the German market leader specializing in remote technology-driven security solutions and electronic security. The acquisition will enhance Securitas’ protective services capabilities in Germany and is in line with the Group’s strategy of doubling its security solutions and electronic security sales by 2023. The purchase price is approximately MEUR 72 (MSEK 735) on a debt-free basis.In 2020, Protection One’s annual sales were more than MEUR 33 (MSEK 337), of which over 90 percent

Hexagon Digital Wave signs new equipment and service agreement with Linde

Hexagon Digital Wave, a business of Hexagon Composites has signed an agreement with Linde, a leading industrial gas and engineering company. The agreement covers the supply and service of Ultrasonic Examination (UE) testing equipment. The estimated total value of the agreement is USD 2 million (approx. NOK 17 million) and designates Hexagon Digital Wave as a long-term partner. Driving energy transformation “We are excited to extend our relationship with the great team at Linde”, says Keith Fountain, UE international Sales Manager Hexagon Digital Wave. “Over the past 14 years we

Dustin's Board of Directors resolves on a rights issue of approximately SEK 1,200 million

The information in this press release is not intended for publication, public release or distribution, directly or indirectly, in or into the United States, Australia, Canada, Hong Kong, Singapore or any other jurisdiction where such publication or distribution would violate applicable laws or regulations. See the section "Important information" at the end of this press release. The Board of Directors of Dustin Group AB (publ) ("Dustin" or the "Company") has today, making use of the authorisation by the Extraordinary General Meeting on May 18, 2021, resolved on a rights issue of no more

MPC Container Ships ASA refinances term loans with USD 70 million revolving credit facility

Oslo, 29 July 2021 – MPC Container Ships ASA (the "Company", together with its subsidiaries the "Group") is pleased to announce that it has entered into a USD 70 million three-year revolving credit facility agreement with CIT Group at attractive terms. An initial drawdown of USD 40 million has been used to refinance existing debt. As a consequence, the previous term loans with Beal Bank and CIT have been repaid in full. Further drawdowns under the facility will strengthen the free liquidity and may be used for vessel upgrades, investments or general corporate purposes. CEO Constantin

2cureX appoints two internationally highly recognized oncologists as Clinical Advisors

2cureX AB, a company pioneering the use of 3D microtumors in designing efficacious cancer treatment for the individual patient, announced today that Dr. John Lindsay Marshall, from Georgetown University Hospital, Washington DC, US and Dr Jesús García-Foncillas, from University Hospital Fundación Jimenez Diaz, Madrid, Spain have joined 2cureX Clinical Advisory Board.“2cureX is honored that Dr. John L. Marshall and Dr. Jesús García-Foncillas have accepted to assist us in defining the next generation of personalized oncology tools based on the IndiTreat® test. Not only will 2cureX benefit from

Q2 and half year report January – June 2021

Investment activity intensifies following bond refinancingHighlights second quarter 2021 · Gross collections amounted to EUR 14.7m (14.7)* · Net collections amounted to EUR 11.9m (13.3)* · Cash EBITDA amounted to EUR 9.4m (10.4)* · Net loss for the period of EUR 0.1m (0.7)* · Investment in a distressed asset portfolio located in Romania with a GCV (face value) of approximately EUR 90m · Cash at the end of June 2021 was EUR 41.2m (31.4 at December 2020) · Gross ERC at the end of June 2021 was EUR 243m (258 at December 2020) Highlights six months 2021 · Gross

Q2 and half year report January – June 2021

Investment activity intensifies following bond refinancingHighlights second quarter 2021 · Gross collections amounted to EUR 13.4m (13.5)* · Net collections amounted to EUR 11.3m (12.1)* · Cash EBITDA amounted to EUR 9.2m (9.7)* · Net loss for the period of EUR 0.2m (1.2)* · Investment in a distressed asset portfolio located in Romania with a GCV (face value) of approximately EUR 90m · Cash at the end of June 2021 was EUR 39.7m (30.7 at December 2020) Highlights six months 2021 · Gross collections amounted to EUR 27.8m (35.6)* · Net collections amounted to EUR

Proact leverages AI expertise for new framework agreement

Proact has signed a framework agreement with AI Sweden, the Swedish national centre for applied artificial intelligence. The agreement gives Proact the opportunity to participate in the continued expansion of AI Sweden's national resource for introducing AI to new application areas, such as decentralised learning.The new framework agreement will apply for future procurements of products and services for The Data Factory, a national resource operated by AI Sweden together with some 100 partners. Partners are invited to the centre for collaboration on prototype development, demonstration and

Lesjöfors divests S&P Federnwerk GmbH

Beijer Alma’s subsidiary Lesjöfors has today entered into an agreement to divest 100 percent of its shares in S&P Federnwerk GmbH.S&P Federnwerk GmbH is a German spring manufacturer whose customers are mainly active in the automotive and agricultural industries. The company has been part of Lesjöfors since 2013 and generated sales of approximately MSEK 110 in 2020 with about 60 employees. The decision to divest S&P was made following an evaluation of various strategic alternatives for the company, as its profitability has been unsatisfactory for Lesjöfors. In connection with the divestment,

Terrafame’s net sales in the first half of 2021 amounted to EUR 185.0 million – battery chemicals plant’s ramp-up started

(The financial information presented about Terrafame Ltd in this bulletin consists of unaudited FAS figures. The figures in brackets refer to the corresponding period of the previous year unless otherwise stated.) April–June 2021 in brief · The ramp-up of production at the battery chemicals plant started in June. · Nickel production was 6,778 (7,100) tonnes, representing a decrease of 4.5% year-on-year. Zinc production was 13,362 (14,387) tonnes, with a decrease of 7.1% year-on-year. The scheduled maintenance shutdown implemented in May caused production volumes to decrease

Päivi Siltala new CEO of Biohit Oyj

Biohit Oyj stock exchange release 29[th] of July 2021 at 09.00 am local time (EET) Changes in Management  The Board of Directors of Biohit Oyj has appointed MA Päivi Siltala the CEO of the company starting September 1, 2021. Siltala is joining Biohit from Johnson & Johnson where she has been Sales Director. Siltala is an experienced biotechnology professional with a large international contact network. She also has a solid track record in managing business development and growth. Siltala has worked in Biohit 2008-2010 and thus knows the company and the technology, which speeds up

FlexQube wins first order for the Chinese market

A company that manufactures wind turbines has placed an order worth €63 000 for one of their plants in China. The order is placed by an existing customer that has been using FlexQube carts in other plants in Europe and North America for several years. The order will be delivered during the third quarter. CEO Anders Fogelberg comments; “Asia and specifically China is obviously a huge market opportunity for us, and we have previously said that when someone of our existing customers wants us to deliver to their units over there, we will stand ready and grasp that opportunity. Even if we

AZN: H1 2021 Results

AstraZeneca PLC29 July 2021 07:00 BST H1 2021 resultsAccelerating top-line growth with continued pipeline progressunderpins the transition to long-term sustainable growth AstraZeneca delivered strong revenue growth of 23% (18% at CER[1]) in the half to $15,540m while, in the second quarter, revenue increased by 31% (25% at CER) to $8,220m. Excluding the contribution from the pandemic COVID-19 vaccine, revenue increased by 14% (9% at CER) in the half to $14,371m and by 17% (12% at CER) in the quarter to $7,326m. Further pipeline progress and the recent acquisition of Alexion

DNB Markets: VEF - On track with more expected

VEF’s 30%+ NAV CAGR track record and improved ESG assessment have become increasingly credited by the investment community as its discount to NAV has eroded in recent months. VEF offers exposure to a diversified, fast-growing unlisted fintech portfolio. We forecast 30%+ NAV growth to 2022e and have applied a 10% premium to our NAV forecasts. We have raised our fair value to SEK4.6–6.2 (4.0–5.3).Q2 portfolio highlights. 1) VEF’s NAV was largely unchanged QOQ in Q2 in USD although the stage appears set for NAV growth from Juspay, TransferGo, and Jumo in the coming quarters; 2) investment

Fiskars Group half-year financial report January-June 2021

Fiskars CorporationHalf-year Financial ReportJuly 29, 2021 at 8:30 a.m. (EEST) Fiskars Group half-year financial report January-June 2021 All-time high comparable EBITA during the first half of the year This release is a summary of the Fiskars Corporation’s January–June 2021 half-year financial report published today. The complete report with tables is attached to this release as a pdf-file. It is also available at http://fiskarsgroup.com/investors/reports-presentations/interim-reports and on the company website at www.fiskarsgroup.com. Investors should not rely on summaries of

There are no items matching the current filter
There are no more items matching the current filter
Back to top