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December 12, 2024: Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that Jiangling Motors Co., Ltd (JMC), a renowned Chinese automotive manufacturer, and Autoliv (Shanghai) Management Co., Ltd, will start a new strategic cooperation to advance innovation and support global expansion.JMC is a leading company in China's commercial vehicle industry and a new force in the field of passenger vehicles. Autoliv has supplied seatbelts to JMC since 1997. The new strategic cooperation aims to leverage the companies’ respective strengths

Skanska divests the office building Least2 in Luleå, Sweden, to Luleälven Fastigheter AB for about SEK 240M

Skanska divests the self-developed office building Least2 in Luleå, Sweden, for about SEK 240M. The buyer is Luleälven Fastigheter AB. The sale will be recorded by Skanska Commercial Property Development in the fourth quarter of 2024. The transfer will take place in the fourth quarter of 2024.The office building that was completed this year has a gross area of 6,570 square meters spread over six floors. It is fully leased to Afry, Kriminalvården and Norrbottens Kommuner. The building is centrally located in Luleå, close to bus and train connections. At the building, there are parking spaces

SAGAX’S HEAD OF ASSET MANAGEMENT FOR SWEDEN RETIRES

The Head of Asset Management for Sagax Sweden, Urban Sjölund, is leaving after 10 years at the company. Urban is to retire on 1 January 2025 and will be at the company’s disposal until a successor has assumed office. The recruitment process for his successor has been initiated. Comment by David Mindus, Chief Executive Officer, AB Sagax: - "Urban has commendably been responsible for the asset management of Sagax’s Swedish operations since 2015. Together with the asset management team his efforts has contributed to a positive development of the property portfolios of both

SBB’s Nomination Committee appointed

Samhällsbyggnadsbolaget i Norden AB (publ) Nomination Committee for the Annual General Meeting 2025 has been appointed in accordance with the Instruction for the Nomination Committee resolved by the Annual General Meeting 2024. The Nomination Committee consists of: · Ilija Batljan (Ilija Batljan Invest AB) · Rikard Svensson (AB Arvid Svensson) · Leif West (Dragfast AB) · Christopher Johansson (Compactor Fastigheter AB and Sven-Olof Johansson) · Lennart Sten (the Chair of the Board of Directors) Shareholders who wish to submit proposals to the Nomination Committee are

Bonava sells project with 128 rental apartments in Berlin

Bonava sells and starts production of 128 subsidised rental apartments in Berlin, Germany, to the public company Gesobau AG. The project generates a positive cash flow from start. The apartments are expected to be handed over to the customer at the end of 2026.– Berlin is growing and 20,000 new homes need to be built every year. Bonava is Berlin's largest residential developer and we are excited to start construction on this new neighborhood in the eastern parts of Berlin. Here we are now selling and starting a rental project, but over time we will also build homes for consumers, says

Hexagon acquires inspection and 3D modelling software capabilities from 3D Systems

Hexagon today announced the acquisition of 3D Systems’ Geomagic suite of interoperable software packages, which are used to create high quality 3D models from multiple sources, including laser scanning.The Geomagic suite, which includes products such as Design X, Control X, Freeform and Wrap, is capable of automating the processing of 3D scan data to build digital models from physical objects, which can then be used to generate history based parametric CAD models for use in product manufacturing. The Geomagic software tools can also be used to undertake initial free-form design, modify

Orkla ASA: Status share buyback programme

Transactions made under the buy-back programme for Orkla ASA Date on which the buy back-programme was announced: 20 November 2024 The duration of the buy-back programme: 1 April 2025 Overview of transactions: +-------------+-----------------+-------------------+-----------------+|Date |Aggregated daily |Weighted average |Total daily || |volume (number of|share price per day|transaction value|| |shares) |(NOK) |(NOK) |+-------------+-----------------+-------------------+-----------------+|05/12/2024

Stora Enso resolved on two new long-term incentive plans for key employees

STORA ENSO OYJ STOCK EXCHANGE RELEASE 12 December 2024 at 9:00 EETThe Board of Directors of Stora Enso Oyj has resolved to establish two new share-based incentive plans for the key employees of the Group and its subsidiaries. Stora Enso’s goal is to offer remuneration that motivates, encourages, attracts, and retains top-tier employees. The Group carefully aligns remuneration elements with its strategy and long-term financial interests.The purpose of the plans is to align the key employees’ interests with those of the shareholders to increase the Company’s value in the long term, as well

Changes in production capacity and product portfolio for HEXPOL Americas

HEXPOL Americas has announced changes within its product portfolio and production capacity. These changes are to optimize and create better efficiency in our operations. The production site in Kennedale, Texas will be closed by the end of Q2, 2025 and all business from Kennedale will be relocated to other North American facilities. HEXPOL Americas will work closely with customers to make sure the transition is seamless. Costs associated with the closure of the production site will be accounted for in Q4 2024. The transaction will be reported separately in Q4 2024. HEXPOL

Dual listing of Scandinavian Astor Group's shares on Boerse Stuttgart begins today

Scandinavian Astor Group AB (publ) (”Astor Group” or the ”Company”) announces that today, 12 December 2024, is the first day of trading in Astor Group's shares on Boerse Stuttgart.”This is a milestone for Astor Group. We are proud to offer our shareholders and potential investors the opportunity to trade our shares on one of Europe's leading stock exchanges - a natural step in our quest to grow as a global force in the defence industry”, says Mattias Hjorth CEO of Astor Group. Astor Group begins today its first day of trading as a dual listed company on Boerse Stuttgart and opens trading

SP3 GmbH to Create In-Mold Structural Electronics (IMSE®) Proofs-of-Concept for Premium Automotive OEMs Under TactoTek® License

Thu, Dec 12, 2024 07:46 CET

TactoTek® has partnered with SP3 GmbH to accelerate innovation in lighting for premium automotive brands. By leveraging TactoTek's In-Mold Structural Electronics (IMSE®) technology, SP3 will create advanced lighting surfaces that redefine design possibilities while supporting sustainable and lightweight solutions.Oulu, Finland and Egmating, Germany – 12 December 2024 – TactoTek Oy , the Finnish pioneer in In-Mold Structural Electronics (IMSE®) technology, and SP3 GmbH , a German leader in pre-development and prototyping specializing in

Scandinavian Astor Group expands to Finland as subsidiary Mikroponent acquires Welas Oy Ltd

Scandinavian Astor Group AB (publ) (‘Astor Group’ or the ‘Company’) announces today, 12 December 2024, that its subsidiary Mikroponent AB (‘Mikroponent’) expands its production capacity in the Nordic region through the acquisition of the Finnish company Welas Oy Ltd (‘Welas’). The acquisition strengthens Mikroponent's production capacity and opens the door to new markets in the Nordic region and Europe. The initial purchase price amounts to approximately SEK 15.5 million, of which approximately SEK 12 million will be paid in cash and financed by Mikroponent's own cash and cash equivalents,

Dometic announces global restructuring program

As communicated in the interim report for the third quarter 2024, Dometic is today announcing a global restructuring program to support margin expansion and release resources to invest and drive profitable growth and value creation in strategic growth areas. The key components of the program are the following: Portfolio changes Dometic will explore divestment opportunities and/or will discontinue non-strategic businesses. This includes low-margin businesses and/or areas where synergies are low or non-existing with the rest of the portfolio. · Businesses to be discontinued include

Under the northern lights – Clarion Hotel The Edge puts guest well-being at the forefront

In the heart of Tromsø, Northern Norway, where nature's spectacle meets modern comforts, Clarion Hotel The Edge offers a hotel experience that exceeds expectations. With 290 rooms and guests from around the world, the hotel is almost fully booked year-round, thanks to a perfect combination of high guest satisfaction and a strategic location.Clarion Hotel The Edge, with General Manager Ida Jakobsen at the helm, is more than just a hotel – it's a destination for those seeking a holistic experience. Ida and her team constantly strive to exceed guests' expectations by offering personalized

Skanska divests the office building P180 in Warsaw, Poland, for EUR 100M, about SEK 1.2 billion

Skanska has divested the P180 office building in Warsaw, Poland, for EUR 100M, about SEK 1.2 billion. The buyer is INVESTIKA Real Estate Fund and its joint-venture partner - BUD Holdings. The transaction will be recorded by Skanska Commercial Development Europe in the fourth quarter of 2024. The transfer of the property will take place immediately.P180 is located in the Mokotów district of Warsaw, strategically situated near key transportation hubs, including the Wilanowska metro station. The building offers approximately 32,000 square meters of office and retail premises and is now almost

HANZA acquires Leden – a billion SEK Finnish manufacturer

Thu, Dec 12, 2024 07:01 CET

HANZA AB has today signed an agreement to acquire Leden Group, a leading Finnish company in advanced mechanics manufacturing with a turnover of approximately SEK 1,1 billion. The acqusition strengthens HANZA's manufacturing cluster and is an important step in the HANZA 2025 strategy.Leden Group is a contract manufacturer in sheet metal, machining and complex assembly with four production sites in Finland and one in Estonia. The business also includes import, processing and selling of sheet metal and manufacturing of own steel profiles. The company has a strong market position with a

Veidekke: Building homes for Fredensborg Bolig

Fredensborg Bolig has commissioned Veidekke to perform groundworks and build the first 81 apartments with underground parking in the Poulssons Kvarter residential project at Fornebu in Bærum. The contract is a design and build contract valued at just over NOK 340 million excluding VAT.“We have enjoyed very good cooperation with Fredensborg in developing the project through 2023 and 2024. Poulssons Kvarter is being developed with the emphasis on good architecture, robust solutions and environmentally sound material choices, and the good sales in the project show that the homes have found

Carnegie is the number one Corporate Finance advisor in the Nordics, Sweden, and Finland according to client survey Prospera

Stockholm, 12 December 2024 – Carnegie Investment Bank proudly announces its top position in the latest Prospera rankings for Corporate Finance in the Nordics, Sweden, and Finland. This underscores Carnegie's unwavering commitment to excellence and its leading role in the financial advisory sector.According to the Prospera survey, which is based on interviews with representatives from over 200 organizations that have engaged external advisors, Carnegie has been ranked as the number one adviser in Corporate Finance, M&A, and ECM (Equity Capital Markets) in the Nordics. This marks the eighth

Atea receives ESG Transparency Award from EUPD Research

Oslo – Atea today announced that the company has been honored with the ESG Transparency Award from EUPD Research, achieving the prestigious “Excellence Class” for its transparent reporting. Additionally, Atea has been recognized with the “Leading Companies” winner status, an accolade reserved for top companies by country, size, and industry. Transparent reporting strengthens trust and enables customers to make informed, sustainable choices based on reliable data. As the business landscape increasingly prioritizes sustainability, Atea’s approach ensures its customers are better equipped

MPCC: Ex-dividend USD 0.10 today (Q3 2024)

From today, December 12, 2024, the shares of MPC Container Ships ASA (OSE: MPCC) will be traded ex-dividend USD 0.10 (NOK 1.1147). This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Metsä Group will introduce nature compensation in its environmental deviations

Metsä Group introduces voluntary nature compensation measures in its environmental deviations. Part of regenerative forestry, nature compensation overcompensates the harm to nature resulting from any legal violations. The operating model ensures that corrective measures linked to defective performance result in greater benefit than harm to nature. Nature compensation will be applied in matters related to the Nature Conservation Act and the Forest Act – key legislation in terms of biodiversity. The development of the compensation model is ongoing, and it will be applied retrospectively

Systemair acquires the final 10 percent of the shares in Systemair HSK Türkiye