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Crunchfish and Swish continue to plan for Digital Cash

Crunchfish and Getswish continue to investigate the possibility to enable offline payments with Swish, in spite of today’s announcement from PTS of not receiving funding via the PTS Innovation contest. The ambition remains to provide the Swedish society with a digital equivalent to paying with cash. Crunchfish’s and Getswish’s submission  to the PTS Innovation contest reached the final but was not selected to receive funding from PTS. Crunchfish and Getswish will continue the

LMK Group’s CTO to leave the company during the autumn of 2021

LMK Group’s Chief Technology Officer Alexander W Aagreen has decided to leave his role during the autumn of 2021 to assume a new assignment outside of the organization. LMK Group has initiated the recruitment process for a new CTO. Alexander has worked as CTO since 2018 and built up the technical organization as part of the transformation that LMK Group has undergone over the past years. Alexander has now decided to move to a similar role in a company in another industry. His notice period is 6 months and LMK Group has initiated the process to find a new CTO. Based on LMK Group’s

Aker ASA: Cognite closes financing round with TCV

Reference is made to the announcement made on 19 May 2021 that Cognite  raised USD 150 million in a Series B investment by TCV, a leading technology-focused growth equity firm. Aker announces that the transaction has been finalized and closed, in accordance with previously communicated terms. The USD 150 million Series B investment raises Cognite’s valuation to USD 1.6 billion, on a 100 percent basis. TCV thus owns 9.4 percent of the shares in the company, while Aker’s shareholding stands at 50.5 percent following closing of the transaction, as well as the previous equity conversion of

Mandatory notification of trade

OKEA Holdings Ltd., closely related party to Board member in OKEA ASA Paul Murray, have 02.06.2021 sold 300,000 shares of OKEA ASA at an average price of NOK 13.60. Following this transaction, OKEA Holdings Ltd. holds a total of 19,072,993 shares in OKEA ASA. Reference is made to the attached document for further details of the transaction. This information is subject to the disclosure requirements in Regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act § 5-12. The stock exchange announcement was published by Trond Omdal, VP Investor Relations,

Changing the world is delicious – Low carbon footprint of Pulled Oats® inspires to climate actions

Gold&Green Foods has revolutionized plant-based food by creating the Finnish innovation Pulled Oats® in 2016. Made with a unique combination of oats and legumes, Pulled Oats® is not only highly nutritious but also good for the planet. Based on the new carbon footprint study conducted with CarbonCloud, Pulled Oats® Nude has a significantly lower carbon footprint compared to meat.   Gold&Green Foods has begun to measure the climate impact of products together with CarbonCloud, starting with their best seller product Pulled Oats® Nude. The carbon footprint for Pulled Oats® Nude is 2.

Technip Energies collaborate with Agilyx to accelerate and scale-up the implementation of its polystyrene recycling technology

PARIS, France and OSLO, Norway – June 3, 2021 – Technip Energies announced today the initiation of an agreement with Agilyx Corporation (“Agilyx”), a wholly owned subsidiary of Agilyx AS (Euronext Growth (Oslo): (“AGLX”), and pioneer in the advanced recycling of post-use plastics. This collaboration aims to accelerate the implementation of Agilyx’s technology for the advanced recycling of post-use polystyrene. Under this agreement, Technip Energies will market and license the integrated technologies of Agilyx depolymerization and Technip Energies purification technology, leveraging the

Bexmarilimab results published in CCR

Faron Pharmaceuticals Oy (“Faron” or the “Company”) First-in-human bexmarilimab results published in Clinical Cancer Research - Results reveal the role of Clever-1 receptor in supressing adaptive immunity - Bexmarilimab’s macrophage-targeting approach activates T-cells and drives anti-tumour immune responses in cold tumours that are not otherwise responsive to immunotherapy Company announcement, 3 June 2021 at 9.00 AM (EET)  TURKU – FINLAND – Faron Pharmaceuticals Oy (AIM: FARN, First North: FARON), the clinical stage biopharmaceutical company, today announces the

Neste and Vitol Aviation enable Heathrow to become first UK major airport to incorporate Sustainable Aviation Fuel into operation

Neste Corporation, Press Release, 3 June 2021 at 9.00 a.m. (EET)  For the first time, passengers from Heathrow will be able to reduce their flying emissions by up to 80%[1]. Vitol Aviation, a fuel supplier at Heathrow, is making Neste MY Sustainable Aviation Fuel™  available ahead of the G7 Summit to be held from 11 to 13 June 2021. Vitol Aviation intends to deliver further supplies ahead of COP26 to enable attendees to also transit to Glasgow with lower-emissions.Vitol Aviation’s

Concentric’s joint-venture Alfdex wins an important order in China

Alfdex AB, a 50/50 joint venture between Alfa Laval and Concentric, today announces it has won, in collaboration with a partner, a contract to supply crankcase gas separators for a new engine platform with a major domestic truck manufacturer in China. The launch of this engine program is driven by China-6 emission legislation for heavy-duty trucks that will be implemented on 1 July 2021.  Production will start in 2021 and sales revenues from this new contract are estimated to be worth more than MSEK 150 over the next five years. The Chinese air quality plan covers many emission sources,

Railcare establishes itself in Asia

Asia is a large market and Railcare is now ready to take the step into a new market consisting of many railways, including subway and mining tracks. With our modern, sustainable, and efficient machines together with our home markets as our foundation, this strategic investment is the next step in Railcare's company development. Currently, Railcare has many projects out on tender where our innovative machines are suitable for the customer's demand. The establishment will take place in Hong Kong and we expect to begin preparations during the second half of 2021. "It feels like the right

Loomis appoints Stellan Abrahamsson as Chief Risk Officer

Stellan Abrahamsson has been appointed Chief Risk Officer (‘CRO”) of the Loomis Group and will assume the position as of March 1, 2022. Starting from October 1 this year, Stellan will work in parallel with the current CRO to ensure a smooth handover of tasks. Stellan has extensive knowledge of risk management and is currently working as an independent risk management advisor to Nordic and international companies. In addition to comprehensive experience of risk management from various positions in the banking and insurance industry, Stellan has also had the role as Senior Group Supervisor at

NENT Group secures top motorsport rights in nine European countries

· Viaplay to show W Series, the world’s first all-female motor racing championship, in nine European countries for the next two seasons · Rights to Nürburgring 24 Hours, Ferrari Challenge and DTM secured until 2023 · 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, has acquired the media rights to a broad range of world-class motorsport for its Viaplay streaming service in nine European countries. The multi-year agreements include W Series, the world’s

Resurs Bank issues senior unsecured bonds

In line with Resurs’s strategy of long-term diversified financing, Resurs Holding’s subsidiary Resurs Bank has issued senior unsecured bonds of SEK 600 million and NOK 600 million.Resurs Bank AB, a wholly owned subsidiary of Resurs Holding AB (Nasdaq Stockholm: RESURS), has issued senior unsecured bonds of SEK 600 million and NOK 600 million in the Nordic markets. The bonds were issued under Resurs Bank’s MTN programme, with a total framework of SEK 9 billion, and will be listed on Nasdaq Stockholm and Oslo Børs respectively. The Swedish bonds have a three-year-tenor (maturity in June

Resurs Bank issues senior unsecured bonds

In line with Resurs’s strategy of long-term diversified financing, Resurs Bank has issued senior unsecured bonds of SEK 600 million and NOK 600 million.Resurs Bank AB has issued senior unsecured bonds of SEK 600 million and NOK 600 million in the Nordic markets. The bonds were issued under Resurs Bank’s MTN programme, with a total framework of SEK 9 billion, and will be listed on Nasdaq Stockholm and Oslo Børs respectively. The Swedish bonds have a three-year-tenor (maturity in June 2024) and will carry variable interest of 3 months STIBOR + 1.15%. The Norwegian bonds have a two-year-

Scandi Standard appoints Otto Drakenberg as interim managing director and CEO

As previously communicated, the Board of Directors of Scandi Standard (SCST SS) has initiated a process to recruit a new managing director and CEO. The Board of Directors have today decided to appoint Otto Drakenberg as interim managing director and CEO of Scandi Standard. This decision means that Leif Bergvall Hansen resigns with immediate effect.Otto Drakenberg was born 1966 and has a track record as interim Chief Executive in the FMCG, consumer services, and consumer retail sectors. Otto has extensive experience from leading business transformations, as CEO of Selecta, Swegro and Twilfit,

Smartoptics Group AS (SMOP) - Smartoptics goes public after raising NOK 100 million to drive further growth

Oslo, 3 June 2021 - As an innovative provider of optical networking solutions for enterprises and telcos, Smartoptics has grown 27 percent yearly since 2017. Today, the company goes public on Euronext Growth in Oslo, following a successful private placement raising gross NOK 100 million in new equity, enabling a continuation of the company’s strong organic growth.“The IPO is a milestone in Smartoptics’ history. We have over the last year experienced tremendous traction in the market, as we have developed technology and services that are perceived as more innovative and flexible than those

Nordhealth AS – Stabilization and over-allotment notice

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. Reference is made to the stock exchange release from Nordhealth AS ("Nordhealth" or the "Company") on 25 May 2021 regarding completion of a EUR 165 million private placement of through the allocation of 41,250,000 class A-shares (the "Shares") at a price of NOK 40.786, equivalent to EUR 4.0 per Share (the "Offer Price") in the Company (the "

Skanska divests multi-family project in Malmö, Sweden, for about SEK 300M

Skanska has divested a residential project consisting of rental apartments, senior apartments and a home for people with special needs in Malmö, Sweden. The buyer is Bantorget Hyresbostäder AB. The selling price is about SEK 300M, which will be recorded by Skanska Sweden in the Residential Development stream in the second quarter 2021. The transfer will take place in connection with completion in August 2023.The project, developed by Skanska Hyresbostäder, is built on leasehold land and comprise about 7,200 square meters for housing, of which 68 rental apartments, 40 senior apartments, a

CS Wind to acquire Vestas’ Pueblo tower factory to strengthen local job creation and wind energy supply chain

News release from Vestas Wind Systems A/SAarhus, 3 June Wind energy and Vestas have grown tremendously in recent years, which has required the industry’s and Vestas’ supply chain to mature and scale up rapidly. With wind energy and renewables expected to continue to grow in the coming decades to meet energy needs and fight the climate crisis, the scaling, specialisation and industrialisation will continue. As a result, supply chain resilience will improve, while jobs will be maintained and created from the continued growth and increasing number of companies that are part of the wind

First day of trading in Loyal Solutions A/S

Today,  June 3 2021, the shares and warrants of series TO 1 in Loyal Solutions A/S ("Loyal Solutions" or the “Company”) starts trading on Nasdaq First North Growth Market (“First North”). The shares will be traded under the ticker name LOYAL and the ISIN code DK0061535507, and the warrants of series TO 1 will be traded under the ticker name LOYAL TO 1 and the ISIN code DK0061549219.IPO of unitsThe listing follows a successful IPO, which was subscribed to a total of approx. SEK 71 million (incl. pre-subscription commitments of SEK 29.9 million), corresponding to 178 percent of the total

SEB’s China Financial Index: continued positive outlook on doing business in China

SEB's China Financial Index, which measures the business outlook among northern European companies' subsidiaries in in China, continues to show a positive recovery in the business outlook for China following the coronavirus outbreak at the beginning of last year. Corporates are expecting order intake to increase over the next six months but profits to remain under pressure on the back of increased raw material and shipping costs. On the other hand, we note that many corporates report that they are still negatively affected by the COVID-19 pandemic despite the domestic situation being kept

Metsä Group plans to expand the production of mechanical wood products at the Äänekoski mill site

Metsä Group press release 3 June 2021 at 7.30Metsä Group has started a planning process with the City of Äänekoski with the aim of expanding the production of mechanical wood products at the Äänekoski mill site in the future. A detailed plan is being applied for as an industrial area for the Henttalanmäki area south of the existing mill site. The area currently has a general plan in force and it is mainly owned by Metsä Fibre, a part of Metsä Group. “One of Metsä Group's strategic targets is to increase the production of products that store carbon for a long time such as sawn timber,

Mandatory notification of trade – granting of stock options to primary insiders

As part of Orkla’s Long Term Incentive Program set out in Orkla’s executive remuneration guidelines options have today, 2 June 2021, been granted to the following primary insiders: · Jaan Ivar Semlitsch, President & CEO                                  180,718 options · Harald Ullevoldsæter, EVP CFO                                              70,509 options · Christer Grönberg, EVP Group Functions                                70,389 options · Atle Vidar Nagel-Johansen, EVP Orkla Foods                        89,416 options · Hege Holter Brekke, EVP Orkla Care

IKEA launches shopping app in India

The IKEA app has now launched on iOS and Android in India. It will offer 8,000 home furnishing products, along with ideas and inspiration for every home. Customers from Mumbai, Pune, Hyderabad, Ahmedabad, Surat, and Baroda will now be able to search, find and buy their favourite products with a simple click on their phone.The IKEA app  features include product recommendations, ratings, and reviews, along with easier searching and browsing experience. Customers will be able to browse offers on the app along with special discounts for

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