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Saab to provide shipboard air traffic radar systems for U.S. Navy

Saab Defense and Security USA has received an order from the U.S. Navy to provide the AN/SPN-50 (V)1 Shipboard Air Traffic Radar. The first award for the Engineering and Manufacturing Development (EMD) phase of the program includes the initial procurement of three radars over a four-year period.The radar will be deployed to the US Navy’s Aircraft Carrier (CVN)and Amphibious Assault (LH)Class ships, replacing the currently deployed AN/SPN-43C Air Traffic Radar. The SPN-50 system supports the deployment, sustainment and operation of aviation assets by providing aircraft position, radar

MANDATORY OFFER FROM GEVERAN TRADING CO LTD

The board of Norwegian Property ASA refers to separate stock exchange notice from Geveran Trading Co Ltd (Geveran) announcing that Geveran makes a mandatory offer for all remaining shares in Norwegian Property ASA at a price of NOK 10.80 per share. The offer period runs from and including 22 September 2016 to 16:30 hours (CET) on 20 October 2016.In accordance with applicable securities laws, the board of Norwegian Property will make a public statement related to the mandatory offer from Geveran. Such statement will be provided in due course and at the latest one week prior to expiry of

Decision on rights issue subject to approval at Extraordinary General Meeting

On September 22, 2016, the Board of Oncology Venture Sweden AB ("Oncology Venture") decided to – subject to approval at Extraordinary General Meeting – conduct a rights issue of up to 774 984 shares at an issue price of 29.00 SEK per share. Fully subscribed rights issue provides Oncology Venture approximately 22,5 million SEK before issuing costs. Beforehand, the company has agreed on subscription commitments amounting to approximately 12,1 million SEK, which equals about 54 % of the rights issue’s total volume. Notice of Extraordinary General Meeting will be published shortly. In view of the

Tieto enters into strategic partnership with Lyse – strengthening foothold in Norway

Tieto has been selected to deliver cloud solutions, infrastructure operations and data centre services to leading Norwegian energy and technology group Lyse. The agreement means that Tieto takes over the operations of a variety of systems, transfer of 25 IT professionals from Lyse Link and further strengthens the Stavanger office. The agreement also involves significant R&D and innovation initiatives in a number of relevant areas.The scope of the agreement is minimum M€30 over 5 years, with the last two years as optional. The key ambitions of the agreement is to reduce IT costs, optimize

Atlas Copco appoints Geert Follens President of new Vacuum Technique business area

Stockholm, Sweden, September 22, 2016: Atlas Copco, a leading provider of sustainable productivity solutions, has appointed Geert Follens as President of the new Vacuum Technique business area and member of Group management, effective January 1, 2017. Geert Follens is currently President of the Vacuum Solutions division in the Compressor Technique business area.“Geert is a strategic and very experienced leader with successful results in global and local management,” said Ronnie Leten, President and CEO of the Atlas Copco Group. “His broad knowledge will be valuable in the development of the

Tierarztpraxis Dr. Rösch in Hassloch joins AniCura

AniCura, one of Europe’s leading providers of high-quality veterinary care for companion animals, has acquired Tierarztpraxis Dr. Rösch in Hassloch situated in the Rhine-Neckar metropolitan area. The partnership provides the clinic with additional opportunities to develop its medical services offering as well as staff competence and know-how.Tierarztpraxis Dr. Rösch was founded in 1986 by veterinarians Dr Xaver Rösch and Dr Bärbel Rösch. The clinic, which enjoys a convenient location close to the region's largest cities, is run by third generation veterinarians. The clinic is characterized

Caverion launches the “Krantz Academy”, a series of webinars for professionals in air flow distribution

Caverion Corporation Press release 22 September 2016 at 10.00 a.m. EESTCaverion launches the “Krantz Academy”, a series of webinars for professionals in air flow distribution Caverion presents "Krantz Academy", a new platform for professional exchange in the field of air flow distributions. The Krantz Academy organises free online webinars, which give the opportunity to learn from Krantz experts and ask questions. Caverion has unique competence in developing and testing products and technical solutions for demanding properties, such as large-assembly and exhibition halls, laboratories

Lack of sales process hampering growth, warns experts

Too few businesses have a proper selling process leading to huge inefficiencies in their organisation, claims a leading sales management software expert.SalesRadar say too few companies are aware that taking such steps can lead to huge levels of growth. Steven Timberlake said a US based report showed there is an 18 per cent difference in revenue growth between companies with a well-defined formal sales process and companies without. “It’s a very significant figure based on research published in the Harvard Business Review, and we believe here in the UK many companies would do more if

PREPARATORY WORKS FOR MINE CONSTRUCTION AT SILVER MINE HAVE COMMENCED

Sotkamo Silver has commenced preparatory works which target to start the construction works of Silver Mine. The preparatory works include planning and construction of infrastructure which is required during construction of concentrating plant and open pit areas and underground mine. The mine will be prepared for mining by improving the ventilation and pumping stations. Additionally, preparatory groundworks to construct roads and tailings ponds in mine area have commenced. Recruitments of key personnel is ongoing in order to strengthen organisation In front of start-up." By starting

IK and Five Arrows complete the acquisition of I@D

IK Investment Partners ("IK") and Five Arrows Principal Investments (“FAPI”) are pleased to announce they have completed the acquisition of I@D Holding (“I@D” or the “Company”), a services platform dedicated to the first network of independent real estate agents in France. The founders Malik Benrejdal, Jade Benrejdal and Jerome Chabin as well as NAXICAP Partners, shareholder since 2012, are reinvesting 37% alongside IK and FAPI.Founded in 2008 with the ambition to offer an alternative way of buying and selling residential property, I@D is a fast-growing digital platform offering a large

Advenica has won a strategic order from an EU country

The Swedish cybersecurity company Advenica has received an order of the cross-domain solution, SecuriCDS DD1000A. The product is a high assurance uni-directional solution which ensures that data traffic only can pass in one direction. The order is strategically important for Advenica since the customer is new and have chosen one of the company's most recently developed solutions.A central Government in an EU country have after due diligence and validation decided to place an order for the product SecuriCDS DD1000A from Advenica. The order proves Advenica’s competitiveness when it comes

First day of trading for Cognosec’s shares on Nasdaq First North

The trading of shares in Cognosec AB (publ) (“Cognosec” or “The Company”), a leading Cyber Security Group and supplier of diversified solutions within the Cyber Security Sector with operations in Europe, Africa and the Middle East, commences today on Nasdaq First North. The share will be traded under the ticker ”COGS” with ISIN SE0007604061.· The Company has 340 shareholders and a total of 257.2 million outstanding shares. · The subscription price in the new share issue which prompted the listing and in which the Company received the required number of shareholders to meet the

AQ Group AB acquires Gerdins Industrial System AB

AQ Group AB has on September 21, 2016 signed an agreement with Gerdins Holding AB to acquire 100% of the shares of Gerdins Industrial System AB with the subsidiaries Gerdins Components Västerås AB, Elektroprim AB, Plåxan AB, Gerdins Components AB, Gerdins Cable Systems AB, Gerdins Cable Systems Sp. z.o.o and Gerdins Nordkomponent AB. The agreement is a consequence of the letter of intent communicated on August 18, 2016. The purchase price consists of SEK 81.5 million in cash plus 260 000 shares of AQ Group and an earnout which can be expected to be about SEK 12 million, based on 50% of

LICOS Trucktec GmbH in a new outfit; more than just a design change?

LICOS launches its new company logo ahead of the IAA 2016 exhibition. The worldwide Concentric group will be exhibiting its extensive range of pumps in Hanover from 22 to 29 September 2016. The following interview was conducted with Franz Biegert, managing director of LICOS Trucktec GmbH (“LICOS” or “the Company”).LICOS is a well-known brand in the truck industry. What was the driver to change the logo? The company, founded in 1998 by Dr. Andreas Wolf and Karl-Heinz Linnig, was acquired by Concentric AB in 2013. Changing the logo into Concentric’s corporate colours was the final step of

Concentric AB launches new innovative pump technology at IAA 2016

The worldwide Concentric group will be exhibiting its extensive range of pumps at IAA 2016 in Hanover from 22 to 29 September 2016.New product developments on show from Concentric will include: · Mid-Range 2-Speed Controllable Cooling Pump building on the hugely successful heavy duty 2-Speed cooling pump. · Electronically Controllable Variable Displacement Gear Pump for Medium duty and heavy duty engine lubrication. These exciting new products reinforce the company’s reputation for reducing fuel consumption, increasing system efficiency, providing high power density and reducing

PRESS RELEASE: Smart connectivity and cutting-edge technology - Glaston digitalises the heat treatment business

GLASTON CORPORATION                      Press release 22 September 2016                        Free for publicationSmart connectivity and cutting-edge technologyGlaston digitalises the heat treatment business At Glasstec, Glaston is making the most of smart connectivity. In live demos, the performance of the all-new flat tempering lines is demonstrated as well as the advantages of Glaston Insight, the online application that gathers global processing data. The flawless glass quality, the ease of use and the real-time reporting can be experienced twice per day. Taking the online

Bonava sells 96 rental apartments in Germany

Bonava is selling a housing project in Schönefeld, Germany, to the property company Industria Wohnen. The project comprises 96 rental apartments in four apartment blocks. The transaction is worth approximately SEK 174 M.- The development of high-quality, affordable rental units is important to realizing our vision of creating homes and happy neighborhoods where people have the highest quality of life, says Joachim Hallengren, President and CEO of Bonava. This is not Bonava’s first project in the area. Bonava, which according to the independent market research company BulwienGesa is the

Scandic’s CIO finalist in CIO Awards 2016

Martin Thell, CIO at Scandic Hotels Group, has advanced to the finals in Sweden’s most prominent IT awards, the CIO Awards 2016. Martin has been recognized for the way that he has significantly improved the quality of IT deliveries within the group and implemented a completely new technical platform.For the twelfth consecutive year, the CIO Awards are being organized by IDG’s CIO Sweden in cooperation with Accenture. The gala is known as the Oscars for Swedish IT companies and it aims to showcase the key role CIOs play in Swedish companies and organizations. The prize is awarded to the

Invitation to Pandox Hotel Market Day 2016

Pandox’s annual Hotel Market Day will take place 22 November, 2016, at Hilton Stockholm Slussen. The event is open for participants from the hotel industry, as well as institutional investors, analysts and media.This year’s event focuses on opportunities as well as challenges for the Western hotel sector related to the strong growth in Chinese international tourism and international hotel investments. The presentations will start at 13:00 CET and end at around 18:00 CET, followed by dinner. Please visit www.pandox.se for a detailed agenda, more information about the speakers and how

Navamedic: Commences distribution of Imdur® in Europe

Oslo, 22 September 2016 - Navamedic ASA (Navamedic), the Norwegian medtech and pharmaceutical products company, today announced it has commenced distribution of angina prevention medicine, Imdur® (isosorbide mononitrate), in the Nordic markets. The initiation of the distribution is the first step in the long-term strategic partnership with TopRidge Pharma Limited (TopRidge Pharma). "We are pleased to announce that we now have commenced distribution of Imdur in the Nordic markets, seeing the long-term strategic partnership with TopRidge Pharma take form. As communicated earlier,

Catella: Property sector benefits from Brexit-effect

In the September edition of the Swedish “Catella Real Estate Debt Indicator”, the property sector does not appear to have suffered from the Brexit vote. The property companies’ loan-to-value has increased while their average interest rate has fallen, and listed property companies have outperformed the stock market. However, although the CREDI Main index increased from 41.0 to 42.5, the property debt financing market is still in contraction.“The second quarter of 2016 was characterized by the unexpected Brexit vote and subsequent volatility, which had a positive effect on the financing

Rejlers Embriq focuses on digitalisation in the Nordic region

Rejlers is making a major investment to utilise the potential that exists in the digitalisation of infrastructure and the smart management of large volumes of data. For this reason, we are now conducting an operational, market-oriented consolidation of the companies currently included within Rejlers IT Solutions, which in future will be assembled under the name Rejlers Embriq.Rejlers Embriq, Energitjänster and ComIT become oneRejlers Embriq AS, Embriq AB, Rejlers Energitjänster AB and Rejlers ComIT AB currently have many similarities when it comes to strategy, expertise customers,

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