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Zound delivers strong finish to a difficult period

Zound Industries’ net sales decreased by 29 percent to 352 MSEK during the second quarter of 2020 compared to the same period in 2019. The Covid-19 pandemic, which led to closed stores and lower demand for audio products, impacted sales heavily during April and May. With markets reopening and e-commerce sales gaining momentum, Zound delivered a strong recovery with year on year growth in June.“We got through a couple of really tough months and have had to adapt our business to this new reality. Our performance in June signals the start of a new positive trend for us”, said Martin Axhamre,

Terveystalo Capital Markets Day 2 September 2020

Terveystalo hosts its first Capital Markets Day today, 2 September 2020 in Helsinki. The event focuses on Terveystalo’s strategy and growth plans. Through management presentations, the attendees will hear about Terveystalo’s roadmap to reach the strategic and financial targets. In addition to President and CEO Ville Iho and CFO Ilkka Laurila, the day's speakers will include other Terveystalo leaders, including the Chief Medical Officer Petri Bono, Director of Strategy and PMO Eeva Nyberg-Oksanen, Director of Operations Niki Kotilainen and Director of Pricing, Nora Härme. All the

Kesko has completed the acquisition of Carlsen Fritzøe Handel in Norway

Kesko Corporation’s subsidiary Byggmakker Handel AS has completed the acquisition of the building and home improvement trade company Carlsen Fritzøe Handel AS. The acquired operations recorded net sales of some €201 million and an EBITDA of €13.3 million (excluding the impact of IFRS 16) in 2019. The purchase price of the acquisition expressed on a debt and cash free basis is some €144 million. The acquisition strengthens Kesko’s position in the Oslo fjord region, where the Carlsen Fritzøe Handel network of 25 stores complements Kesko’s existing Byggmakker store network. Kesko assumes

CELLINK completes the acquisition of Scienion AG

As announced on August 19, 2020, CELLINK AB (publ) (“CELLINK”) entered into an agreement to acquire the precision dispensing company Scienion AG. CELLINK has on this day completed the acquisition of all Scienion-shares. The purchase price, on cash- and debt-free basis, amounted to 80 MEUR, of which 40 MEUR was paid in 2,814,032 newly issued shares of series B in CELLINK at a price of 146.6 SEK per share (the “Consideration Shares”) and the reminder in cash. The Consideration Shares are expected to be registered by the Swedish Companies Registration Office during the month of September

Veidekke ASA: Summons to bondholders' meeting – proposal for early redemption of outstanding bond loans

Reference is made to the stock exchange release published 1 September 2020 regarding completion of the sale of Veidekke's property development operations in Norway and Sweden. With the sale completed, Veidekke is now a streamlined construction company, with strong market positions in Scandinavia. The new strategic direction entails changes in the group’s financial needs. To meet the property development operations' permanent financing requirements, the group raised two bond loans totalling NOK 1.6 billion during spring 2018. As a streamlined construction group, Veidekke’s financing

Fabege launches share buy-back

Fabege AB (publ) has started the share buy-back programme approved by the Annual General Meeting on 2 April 2020. The AGM authorised the Board for a period no later than the next AGM to acquire Fabege shares. The shares acquired may not exceed 10 per cent of the total number of outstanding Fabege shares at any time.The purpose of the buy-back programme is to enable the Company to continuously adapt its capital requirements and thereby improve shareholder value. The repurchases will be made on the Stockholm Stock Exchange at a price within the registered share price interval on each

SpectrumOne has closed acquisition of Å-Data Infosystems AB

SpectrumOne AB has closed the acquisition of Å-data Infosystems AB as announced on August 28, 2020.For further information contact:Hosni Teque-OmeiratCEO +46 70 225 18 77 hosni@spectrumone.com Certified Adviser:Mangold Fondkommission AB (556585-1267) Box 55 691 102 15 Stockholm Telefon: +46 8 503 015 50 ca@mangold.se www.mangold.se  About SpectrumOne AB SpectrumOne is a leading technology company delivering an advanced Data Management, Analytics & Communications platform suite. Offered in a SaaS online service shipping with rich market data from various

Atlas Copco completes the acquisition of German mechanical contractor for the medical industry

Nacka, Sweden, September 2, 2020: Atlas Copco has completed the acquisition of MEDGAS-Technik GmbH. The company is a manufacturer, distributor, installer and service provider of medical air and medical vacuum systems, pipeline equipment and medical supplies.MEDGAS is headquartered in Berndroth, Germany, and has 80 employees. The company has branch offices in Germany, Austria and Switzerland. In 2019 the company had a turnover of approximately MSEK 126 (MEUR12). The purchase price is not material relative to Atlas Copco’s market capitalization and is not disclosed. MEDGAS will

Immunovia Announces Management Team Changes

LUND, SWEDEN – Immunovia AB (publ) (“Immunovia”) a near-commercial stage diagnostics company developing ground-breaking antibody-based multiplex microarray technology platform called IMMray™ for the early detection of cancer, announced today that Dr. Peter Schultz-Knappe, Chief Technology Officer, is stepping down from his position to pursue other opportunities effective on August 31, 2020. Hans Christian Pedersen, Vice-President of Business Development, will assume Peter’s duties and become Immunovia’s Vice President of Strategy and Business Development. Hans Christian’s expanded

Valmet's financial reporting in 2021

Valmet Oyj’s stock exchange release on September 2, 2020 at 9:30 a.m. EET Valmet will publish its Financial Statements Review, Half Year Financial Review and two Interim Reviews in 2021 as follows: February 4, 2021 - Financial Statements Review for 2020April 22, 2021 - Interim Review for January–March 2021July 22, 2021 - Half Year Financial Review for January–June 2021October 26, 2021 - Interim Review for January–September 2021 The Annual Report for 2020 will be published during the week starting on February 22, 2021 (week 8) at the latest. Valmet’s Annual General Meeting

PHI improves search engine ranking by enhancing website performance significantly

Phase Holographic Imaging (PHI) have during the summer dramatically improved the response time of the company’s website phiab.com.According to Google’s benchmarking-tool Lighthoue, the performance of PHI’s web site is now industry-leading, if not world-leading. The continued search engine optimization work is expected to enhance brand awareness and have a direct positive influence on sales. “To adapt to the rapidly changing business environment brought on by the pandemic, we at PHI have intensified our efforts to enhance our web site ranking. The initial optimization results exceeded our

Shared real-time economy in the Nordic countries: Digitalising financial administration will make life simpler for small and medium-sized enterprises

The Nordic countries are aiming to build a digital ecosystem where business data can flow automatically, safely and in real time both from business to business and from business to authorities. On 1 September, the Nordic Ministers of Economic Affairs approved a roadmap for the Nordic Smart Government (NSG) project to implement a real-time economy in the Nordic countries.The real-time economy will make life simpler for small and medium-sized enterprises (SMEs) and save money. Based on an estimate of the NSG project, the two million SMEs in the Nordic countries will save 500 million euros by

Northmill Bank launches its own service for people with hearing impairment

– Tailoring customer service for 1,4 million Swedes with hearing impairmentStockholm 2 September 2020: The Swedish neobank Northmill Bank  that provides the tools for people to make better financial choices, launches a tailored customer service for people with hearing impairments. The purpose is to make it as easy as possible for customers with hearing impairments to receive direct help with their everyday banking needs. The service has been developed in-house and is now made available for the neobank’s over 200,000 customers.  Simon Nilsson, Chief

Swedish military and civil defense strengthens ability to communicate securely by expanding solution from Sectra

Linköping – September 2, 2020 – International medical imaging IT and cybersecurity company Sectra  (STO: SECT B) received several orders from the Swedish Defense Materiel Administration (FMV) during the first quarter. The orders cover the further development of existing systems and solutions for secure communication. The military and civil defense agencies are thus further strengthening their ability to communicate securely and efficiently.“The security policy situation has worsened in recent years, and foreign powers are working actively on recording and collecting

Tenth consecutive year for NCC’s Awareness Day – fewer serious accidents at NCC during the decade but the work must continue

When NCC concludes what has happened since Awareness Day was introduced in 2011, there is a visible trend of fewer serious accidents occurring at NCC when employees are given more responsibility for the work environment at their own work sites. Clear procedures, reporting and monitoring, as well as tools such as Time Out and daily safety briefings have yielded results, but the safety work must continue. Photo: NCC “We have systematically built a strong safety culture, in which each day starts with a safety briefing, we have clear rules for safety equipment, and—not least—we

Peab builds swimming pool facility in Solna

Peab has been commissioned to build a new swimming pool facility next to Arenastaden in Solna. The customer is Solna City and the contract is worth SEK 133 million.Four pools will be built in the new facility; the biggest will have ten, 25 meter swimming lanes, one will be a training pool, one will be a multi-pool with a height adjustable bottom and one will be a children’s pool. In addition to this, Peab will build a sauna, a changing room, technology space, a reception, registers and administration offices as part of the project. The facility will also contain a café that will be part of

Outokumpu’s Shareholders’ Nomination Board composition

Outokumpu OyjStock exchange releaseSeptember 2, 2020 at 9.00 pm EESTOutokumpu’s Shareholders’ Nomination Board composition Outokumpu’s Shareholders’ Nomination Board consists of the representatives of the four largest shareholders registered in the shareholder register of the company following Nasdaq Helsinki’s last trading day in August. In addition, Kari Jordan, Outokumpu’s Chairman of the Board of Directors, acts as an expert member in the Nomination Board. The Nomination Board has been established to annually prepare proposals on the composition of the Board of Directors and

Transfer of EAB Group’s own shares

EAB Group Plc, Stock Exchange Release, 2 September 2020, 9:00 a.m. (EET) Transfer of EAB Group’s own shares On 1 September 2020, EAB Group Plc transferred without consideration a total of 833 own shares held by the company to a former key employee of the company. The transfer is related to the payment of deferred variable remuneration and is in accordance with the Company's remuneration scheme. The regulation requires that, to the extent that a reward scheme for so-called risk-takers may result in a variable remuneration of more than €50,000 per calendar year, at least 40% of the

Volati continues growth with acquisition of Pisla OY

Volati has acquired all shares in Finnish Pisla OY, the seventh add-on acquisition since 2019. The acquisition is an add-on acquisition for the Trading business area. Pisla reported sales of EUR 23.5 million in 2019. Pisla, together with Volati’s existing operations in Habo, will become a clear market leader in fittings for homes and buildings in Finland. “We are delighted at the opportunity to acquire Pisla, a company we have followed and known for a long time. It is a well-managed company with good profitability and a very strong market position in Finland. This is the Trading business

Baseload Capital signed a land lease agreement in California, USA

Baseload Capital Sweden AB (publ) has set up Baseload Power US Holdings INC and signed a land lease agreement in Wendel, California Baseload Capital Sweden AB (publ) has, through an investment into a newly started US SPV, entered into a Land Lease Agreement with a landowner located in Wendel, CA. The goal is to set up a power plant on the land, but construction remains subject to permitting and establishing a Power Purchase Agreement with the local municipality. The planned Power Plant capacity is estimated to between 600 and 1350 kW, and construction will commence once all

Progress in geothermal project in the US

Climeon delivered four Heat Power modules to Wendel Energy Operations I in December 2018. Following the delivery, the installation was delayed due to local external factors. In order to be able to complete the installation, the land lease linked to the customer site has been transferred to a newly formed entity controlled by Baseload Capital. This means that Climeon will be able to to fulfil its commitments regarding installation and commissioning. - We’re very pleased that we will now be able to complete our first US project with Baseload Capital as the new power plant owner, says

Targovax is invited to present at Pareto Nordic Healthcare conference and RAS-targeted drug development summit

Oslo, 2 September 2020 – Targovax ASA, today announces that members of its senior management team is invited to present at upcoming conferences.  Pareto Securities' 11th Annual Health Care Conference 2020, virtualDate: 2 September 2020Presenter: Torbjørn Furuseth (CFO) Presentation:    -  Time: 11:30 CET  2nd Annual RAS-Targeted Drug development summit, virtualDate: 15 September 2020Presenter: Erik Digman Wiklund (CBO) Presentation:    Title: Adopting a Polyvalent Approach to Aid Development of Vaccines Against Mutant RAS    Time: 15:40 EDT / 21:40 CET Panel

Finnfund invests USD 7.5 million to strengthen the insurance coverage in Sri Lanka

Finnfund makes its first investment in the insurance sector by providing a USD 7.5 million loan to Softlogic Life Insurance PLC  in Sri Lanka. The innovative and dynamic company is pioneering inclusive  life and health insurance solutions in Sri Lanka and has today over half million low- and mid-income customers. By offering affordable insurance to emerging customers, Softlogic Life helps to increase resilience in unexpected situations.“With Finnfund now entering the insurance sector, we aim to increase the insurance coverage in emerging markets”, says Finnfund’

YIT pilots gravel road life-enhancing binding agent in road maintenance

YIT is piloting a new, more environmentally friendly method for converting gravel road asphalt coatings into more durable gravel roads. The lignosulphonate-based binding agent improves the surface of gravel roads and thus increases usability by reducing surface frost damage. According to a study commissioned by the Norwegian Public Roads Administration, after stabilisation with lignosulphonate, road life could be increased by seven years at some sites. The SVV FOU follow-up study lasted 15 to 17 years. Compared to other stabilisers currently used in Finland, lignosulphonate has lower

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