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Instalco continues to expand in Norway through the acquisition of electric company Frøland & Noss

Instalco strengthens its presence in the Norwegian market through the acquisition of the electric company Frøland & Noss in Bergen.Frøland & Noss Elektro AS was founded by Frode Noss and Gunnar Frøland in 1997, and currently has approximately 130 employees. Through the acquisition, Instalco establishes itself in Bergen and strengthens its presence in the Norwegian installation market. The acquired company is expected to contribute annual sales of approximately SEK 150 million to Instalco. “Frøland & Noss is a company with strong local presence which provides a good platform for expansion

Autumn/Winter 2017

Urban Nomads – Skiny immerses itself in the world of One Thousand and One Nights Colorful markets, crowded streets, grand palaces, mysterious alleyways, hidden inner courtyards and above all theintense fragrance of oriental spices. Marrakesh – the red city – is all this and much more. The pearl of Morocco's southnot only offers a perfect backdrop for Skiny's autumn/winter campaign 2017. The attitude towards life in this world fromOne Thousand and One Nights also fits perfectly with Skiny's "Part of Life" philosophy. Austria's youthful lingerie brandknows just what

Autumn/Winter 2017

Urban Nomads – Skiny immerses itself in the world of One Thousand and One Nights Colorful markets, crowded streets, grand palaces, mysterious alleyways, hidden inner courtyards and above all theintense fragrance of oriental spices. Marrakesh – the red city – is all this and much more. The pearl of Morocco's southnot only offers a perfect backdrop for Skiny's autumn/winter campaign 2017. The attitude towards life in this world fromOne Thousand and One Nights also fits perfectly with Skiny's "Part of Life" philosophy. Austria's youthful lingerie brandknows just what

Fall/Winter 2017

Under the following links you can find all pictures about Skiny’s Autumn/Winter Collection 2018 adventure and collection input too: _ download as ZIP-File:   Urban Nomads – Skiny immerses itself in the world of One Thousand and One Nights Colorful markets, crowded streets, grand palaces, mysterious alleyways, hidden inner courtyards and above all theintense fragrance of oriental spices. Marrakesh – the red city – is all this and much more. The pearl of Morocco's southnot only offers a perfect backdrop for Skiny's autumn/winter campaign 2017. The attitude towards life

SKF launches innovative maintenance service packages

New service packages from SKF will help manufacturers and users of rotating equipment excel in their sectors and integrate technologies to enable business success.Gothenburg, Sweden, 16 June 2017: SKF has taken another leading position within its sector by creating two new and innovative service packages that address the rapidly changing needs of customers facing skills shortages, the challenges of global competition and market volatility, and the need to implement new manufacturing paradigms such as Industry 4.0. The SKF Premium programme helps SKF bearing customers identify their

Byggmax opened new store in Östhammar

Byggmax opened a new store in Östhammar this morning. Byggmax continues to grow and now operates a total of 84 stores in Sweden. The new store is located at Industrivägen 22.Byggmax sells construction materials such as lumber, flooring, dry-wall, cement, windows, doors and paint to both professionals and DIY-customers. The Byggmax concept offers good quality products at low prices. Byggmax is part of Byggmax Group, that also includes Skånska Byggvaror and Buildor AB. The corporate group had a turnover of SEK 5.2 billion in 2016 and Byggmax Group is listed on Nasdaq since 2010.

Pekka Kuusniemi appointed as CEO of Raisio plc

Raisio plc, Stock Exchange Release, 16 June 2017, at 1:00 p.m. Finnish time PEKKA KUUSNIEMI APPOINTED AS CEO OF RAISIO PLC Raisio plc’s Board of Directors has appointed Pekka Kuusniemi, M.Sc.(Econ.), as the new President and Chief Executive Officer of the Company. Kuusniemi will begin as Raisio plc’s President and CEO at the beginning of November 2017. He transfers to Raisio from the position of President and CEO of the Oras Group.   Matti Perkonoja, Chairman of Raisio’s Board of Directors says, “Pekka Kuusniemi brings with him substantial leadership experience of an international

Decision in tax case

The Administrative Court of Appeal in Stockholm announced its decision today in the company’s case with the Swedish Tax Agency regarding the agency’s decision to impose additional taxes and tax surcharges for the years 2008 to 2012 of approximately SEK 1.2bn.As announced by the company in July 2016, Essity has already recognized a provision and thereafter paid the disputed amount. Accordingly, the decision of the Administrative Court of Appeal will have no impact on Essity’s earnings or cash flow for 2017. The matter in question pertains to interest expenses on loans in a Group company

Konecranes donates EUR 50,000 to Åbo Akademi University

According to the resolutions of Konecranes Annual General Meeting 2017, Konecranes has donated EUR 50,000 to Åbo Akademi Unversity in Turku, Finland. The donation is targeted at supporting technology studies and research in the University. “High-quality education is the key for business success and it is extremely important that universities are able to keep up with the fast developments in areas like e.g. technology and digitalization,” says Panu Routila, Konecranes President and CEO. “We expect our donation to contribute to the availability of talented, well-educated students also in

Ninni Pramdell is new Group CFO for Cinnober

Cinnober  has recruited Ninni Pramdell as Group CFO. She will start this newly created position on September 1 of this year. Ninni Pramdell has an extensive background in various finance position in the financial IT industry. She will be coming to Cinnober directly from her current position as CFO at Palette Software. Prior to that, she has held senior finance positions at the payment services company DIBS and at ORC (now Itiviti). She holds a master’s degree from Mälardalen University/Mid Sweden University. As Group CFO at Cinnober, Pramdell will be

theHunter™: Call of the Wild

ATV SABER 4X4 DLC adds All Terrain Vehicles as new mode of transportation Moenchengladbach/Germany, June 16, 2017 – Publisher Avalanche Studios, developer Expansive Worlds and distributor astragon Entertainment have some great news for virtual hunters in theHunter™: Call of the Wild: The ATV SABER 4X4 DLC is now available for download to all owners of the main game. In form of the SABER 4X4 ATV the new extension will for the first time offer a rideable vehicle to players of theHunter™: Call of the Wild. The ATV allows hunters to easily explore the impressive landscapes of the

Veidekke acquires Båsum Boring AS

Veidekkes subsidiary Kynningsrud Fundamentering has signed a letter of intent to acquire 73% of the shares of Båsum Boring AS from Krøderen in Buskerud and Trondheim. "Båsum is Norway's largest player in well and geothermal drilling, and a very well-run company. This acquisition will strengthen us in energy and environmental solutions and supplement us with new services in the construction market," says Managing Director Dag Andresen with Veidekke Entreprenør. Since being established in 1952, Båsum Boring has developed into a Norwegian leader in drilling services for geothermal/water

The SKF Smart Manufacturing Transformation

Digital technologies are helping SKF revolutionise the speed and flexibility of its production operations. For customers, that means shorter lead-times, smaller inventories and lower costs.Gothenburg, Sweden, 08 June 2017: Manufacturing excellence has always been a vital part of SKF’s offering to its customers. The performance and durability of SKF products depend on appropriate materials, precise geometry and accurate assembly. To achieve those things, the company is continually refining and evolving its production processes and capabilities. World-class manufacturing isn’t just about

Asetek at ISC17: Liquid cooling is becoming the new norm

June 16, 2017, Aalborg, Denmark – Asetek, a world leader in liquid cooling for HPC and data centers, will return to the International Supercomputing Conference (ISC17) in Frankfurt, Germany, June 18–22, 2017. Asetek’s cost- and energy efficient liquid cooling solutions for HPC and data centers are on display at booth #J-600. Asetek’s engineers and sales team, including Mandarin-speaking staff, are present to showcase Asetek’s innovative solutions. The 2016 TOP500 and Green500 lists include nine installations that uses Asetek liquid cooling, including Japan’s fastest computer, the

New EUR 100 million syndicated credit facility for SRV Group Plc

SRV GROUP PLC                      INVESTOR NEWS                           16 JUNE 2017, AT 11.45New EUR 100 million syndicated credit facility for SRV Group Plc SRV Group Plc has signed a long-term binding EUR 100 million revolving credit facility with a Nordic banking consortium. OP Corporate Bank Plc acted as the coordinator of the loan arrangement and will act as the agent for the credit facility. The loan replaces a syndicated credit facility signed in 2014, the banking consortium for which will also continue as the providers of the new loan. The new credit facility has a

SKF divests Reelcraft

Gothenburg, 16 June 2017: SKF has signed an agreement, subject to regulatory approvals, to divest Reelcraft, a manufacturer of hose, cord and cable reels for industrial applications, to Madison Industries.The total consideration of the divestment is USD 115 million on a cash-free and debt-free basis and the divestment is expected to close during Q3 2017. Reelcraft joined SKF as part of the acquisition of Lincoln Industrial in 2010 and is headquartered in Indiana, USA. Reelcraft’s sales in 2016 amounted to approximately USD 55 million. Previous press releases on similar topics:

Finland is Nordic number one in congresses

Finland hosted more congresses last year than any other Nordic country. Congresses form a considerable source of revenue for the travel industry.The Union of International Associations’ yearly report declares that Finland hosted the most international congresses among the Nordic countries in 2016. Finland hosted 651 international congresses for various organisations, with a total of 101,514 attendees. The number of congresses varies greatly year to year. Last year saw many major congresses that are not organised every year while the overall number of congresses was also high. “We have

Data making employees smile again

One of the facility manager’s main tasks is to optimize the office in terms of costs and employee satisfaction. In modern offices, the job can however be challenging since the employees are more mobile and jump between different desks and zones in the office. In this article, we discuss what office space utilization and space occupancy is, why it is important to keep track of the data, and how Flowmanager can assist you in the process. What is Office Space Utilization and Occupancy? Let’s first go through the two different metrics.Space utilization indicates how often a space is

Saxony-Anhalt: Powerhouse region for global companies

IMG Saxony-Anhalt at the Global Expansion Summit 2017 in LondonMagdeburg/London. From June 18 - 20, IMG – Investment and Marketing Corporation Saxony-Anhalt presents the investment location of the German federal state of Saxony-Anhalt at the Global Expansion Summit in London. Global Expansion Summit  is the leading global event on international expansion and doing business across borders in the era of innovation and technological transformation. “The quick availability of affordable space, the speed of project

Peab receives decontamination contract in Bergen, Norway

Peab has been commissioned to decontaminate the ocean floor in Puddefjorden in Bergen, Norway. The customer is the Environmental Authority of Bergen Municipality and the contract is worth NOK 126 million.The project consists of clearing trash from the bottom of the ocean, dredging some areas, removing contaminated soil mass to a landfill as well as covering the ocean floor and preventing erosion. All in all 450,000 m2 of ocean floor will be cleared and covered by 220,000 m3 of rock. The work will commence at the end of June 2017 and continue until November 2018. The project is part of

Major League Baseball Players Alumni Association Brings Legends for Youth Clinic Series to Germany and Netherlands

Free youth baseball clinic to feature Brad Pennington, Desi Relaford and Kerry RobinsonColorado Springs, Colo. – German and Dutch youth will have an opportunity to play with their big league heroes at the Major League Baseball Players Alumni Association (MLBPAA) Legends for Youth Clinic Series. The MLBPAA’s first trip to the Netherlands and third trip to Germany since the Legends for Youth Clinic Series inception will feature MLB veterans Brad Pennington, Desi Relaford and Kerry Robinson. Pennington spent five seasons in the major leagues as a left-handed relief pitcher, playing for the

ADDvise develops a new type of imaging table with University of Virginia

ADDvise Group’s subsidiary Sonesta Medical AB have signed an agreement with University of Virginia to develop Sonesta’s fluoroscopy table 6210 into a standing table for spine or trauma imaging. There is great potential for this product in the US and globally. The table will be used in examinations of trauma and spine or neurosurgery patients that need to be x-rayed in a standing position. The product is unique in its kind and will greatly benefit both patients and staff at trauma centers. There are 81 Level I trauma centers in the US, where the University of Virginia will be Sonesta’s

Bittium and Coronaria co-operate to further develop medical remote diagnostic services

Press release Free for publication on June 16, 2017 at 10.00am (CEST +1) Bittium and Coronaria co-operate to further develop medical remote diagnostic services Bittium sells its medical remote diagnostic services business to Coronaria Analyysipalvelut Oy and acquires 25 percent of the shares in Coronaria Analyysipalvelut Oy Oulu, Finland, June 16, 2017 – Bittium Medanalytics Oy, part of Bittium group, and Coronaria Hoitoketju’s subsidiary Coronaria Analyysipalvelut Oy, have today signed agreements according to which Bittium Medanalytics Oy sells its remote diagnostic service

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