Heimstaden and Alecta Enter into Arbitration Proceedings
Alecta Tjänstepension Ömsesidig has initiated arbitration proceedings against Heimstaden Investment AB, a wholly owned subsidiary of Heimstaden AB (publ) under the shareholders agreement pertaining to Heimstaden Bostad AB (publ)Alecta argues that the establishment of Heim Global Investor AS by Fredensborg AS / Ivar Tollefsen, and the investments into its fund, competes with the business of Heimstaden Bostad AB (publ) and thus constitutes a breach of the shareholders agreement. Heimstaden Investment AB disagrees, noting that Heimstaden Bostad AB (publ) is not active within the business of
With extensive global experience across strategy, M&A, sales, services, operations, and technology, Balu Challagundla will now head the Process Automation business at GF Piping Systems. He brings with him a strong background in the industry, having held various leadership roles at various automation companies for nearly a decade before joining GF Piping Systems two years ago.Balu Challagundla will oversee the development and implementation of advanced automation solutions with our holistic portfolio of valves, actuation and measurement solutions to solve complex process challenges for GF
Wärtsilä Corporation, Press release, 12 December at 11 AM EETWärtsilä Gas Solutions , part of technology group Wärtsilä, continues to strengthen its market-leading position in small-scale LNG applications with its latest contract. A new 12,500 cbm LNG bunkering vessel is being built at the Nantong CIMC Sinopacific Offshore & Engineering shipyard in China, for global energy company Vitol. It will feature Wärtsilä Cargo Handling and Fuel Gas Supply systems, the order for which was booked by Wärtsilä in Q4, 2024.
Wärtsilä’s ability to
The companies successfully launched their pulled rainbow trout product based on sidestreams from Finnish rainbow trout with S Group in August, selling 36,000 consumer units in the first month. Now, the companies have signed a paid licensing agreement to integrate Hailia’s unique technology directly into Kalavapriikki’s production line. Hailia data shows rainbow trout sidestreams produce as little as 0.6kg CO2 per kilo of food, on par with many plant-based proteins.Helsinki, Finland (December 12th, 2024) Hailia , a company enabling fish processors to use their
Swedish startup Adsorbi teams up with SmellWell and Icebug, a world leader in grip footwear, to launch shoe deodorizers made from Nordic wood, offering a durable, low-emission alternative to traditional odor removers like activated carbon. The products will be sold through Icebug’s online store and selected retailers.Adsorbi , together with SmellWell and Icebug , has introduced a new generation of Freshener Inserts, made in Sweden. The product combines Swedish innovation with sustainable production, offering a solution to
