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Qliro Group AB (publ) announces today that Carolina Brandtman has been appointed new Head of Qliro Financial Services. Carolina has significant experience in financial services towards consumers and corporate clients, most recently as Managing Director of Santander Consumer Bank Sweden. Carolina will join in the fourth quarter 2018 at the latest."We are very pleased to recruit Carolina Brandtman as the new Head of Qliro Financial Services. Carolina's solid experience and good leadership skills fits well with Qliro Financial Services, which is rapidly growing in financial services for

Hotel lease agreement worth SEK 800 million now in place for Karlatornet

The lease agreement is now ready for the upcoming hotel in Karlatornet. The 20-year contract is worth SEK 40 million per year.In July this year, Nordic Choice Hotels and Karlastaden Utveckling AB, the project company in which Serneke owns 50 percent, signed a letter of intent for Petter Stordalen’s Group to become the hotel operator in Karlatornet. The lease agreement for the upcoming hotel is now in place, and Ola Serneke, Managing Director and CEO of the Serneke Group, is pleased with the collaboration with Nordic Choice Hotels. “It is fantastic that the lease agreement with Nordic

CST Global receives 108,000 GBP of government funding to develop 60 GHz Radio-Over-Fiber applications

Sivers IMA Holding is proud to announce that CST Global (CST), a subsidiary of Sivers IMA Holding, has received 108,000 GBP (about 1,2 SEKm) from the British government to lead the “High performance wireless to photonic interfaces for 60 GHz Radio-Over-Fiber applications” project.Dr. Horacio Canto, Research Engineer at CST, will manage the “Wi Phi” project, as it has become known, alongside with commercial partner Optocap Ltd. and academic partner, the University of Glasgow. The Wi Phi project has received in total over 285,000 GBP of government funding, through Innovate UK, of which CST

FlexQube Opens First Day of Trading on Nasdaq First North in Stockholm

The founders of FlexQube Per Augustsson, Christian Thiel and Anders Fogelberg ring the bell in Stockholm to open FlexQube’s first day of trading on Nasdaq First North.Since FlexQube had been founded by CFO Christian Thiel, CTO Per Augustsson and CEO Anders Fogelberg in a small Swedish town in 2010, it has grown drastically. FlexQube now boasts over 225 customers in 20 different countries including but not limited to companies such as Siemens, Scania, Autoliv, Volvo Cars, Cummins and Whirlpool. FlexQube operates to help their customers become world leaders in intralogistics and help guide

Aker BP submits three PDOs

Aker BP ASA (Aker BP) has submitted the Plans for Development and Operations (PDOs) for the Valhall Flank West, Ærfugl (formerly Snadd) and Skogul (formerly Storklakken) fields to the Norwegian Ministry of Petroleum and Energy, on behalf of the respective partnerships.CEO Karl Johnny Hersvik handed over the PDOs to the Minister of Petroleum and Energy, Terje Søviknes, on 15 December 2017. “This is a great milestone for Aker BP and our partners, and demonstrates our strong commitment to the Norwegian continental shelf as well as to the Norwegian society”, Hersvik says. “Investments to

Submitting Plan for Development and Operations (PDO) for Skogul

Aker BP ASA has submitted the plan for development and operations (PDO) for the Skogul field (formerly Storklakken) to the Norwegian Ministry of Petroleum and Energy, on behalf of the Skogul partnership.The Skogul field is located 30 kilometers north of Alvheim FPSO, and will be developed as a subsea tieback to Alvheim via Vilje. Recoverable reserves are estimated to around 10 million barrels of oil equivalents. Total investments are estimated to NOK 1.5 billion in real terms, and production start is planned for first quarter 2020. The production well at Skogul will be subsea

Submitting Plan for Development and Operations (PDO) for Ærfugl

Aker BP ASA (Aker BP) has, on behalf of the joint venture partners, submitted the Plan for Development and Operations (PDO) for Ærfugl to the Norwegian Ministry of Petroleum and Energy (MPE).The Ærfugl field, including Snadd Outer, is a unique gas condensate field, nearly 60 km long and just 2-3 km wide, situated close to the Aker BP-operated Skarv FPSO, approximately 210 km west of Sandnessjøen. The PDO covers the full-field development and includes the resources in both the Ærfugl and Snadd Outer fields which are planned to be developed in two phases. The first phase includes three new

Submitting Plan for Development and Operations (PDO) for Valhall Flank West

Fri, Dec 15, 2017 08:15 CET

Aker BP ASA has submitted the Plan for Development and Operation (PDO) for Valhall Flank West to the Norwegian Ministry of Petroleum and Energy, on behalf of the Valhall joint venture.Valhall is a giant oil field in the southern part of the Norwegian sector in the North Sea. The Valhall Flank West project aims to continue the development of the Tor formation in Valhall on the western flank of the field, with startup of operation in fourth quarter 2019. Valhall Flank West will be developed from a new Normally Unmanned Installation (NUI), tied back to the Valhall field centre for

Key information relating to subsequent offering to be carried out by Nordic Mining ASA

Reference is made to stock exchange notice 14 December 2017 regarding private placement of NOK 50 million and subsequent offering at the same subscription price in Nordic Mining ASA. The Board of Directors proposes that the extraordinary general meeting to be held on 8 January 2018 resolves a subsequent offering with the key details as set out below. Date on which terms and conditions of the contemplated subsequent offering was announced: 14 December 2017Last day including right: 14 December 2017Ex-date: 15 December 2017Date of approval: 8 January 2018Maximum number of new shares:

THE H&M GROUP AND ALIBABA GROUP EXTEND COLLABORATION

Fri, Dec 15, 2017 08:01 CET

H&M opens on Tmall, the world’s largest e-commerce platform, during spring 2018H&M opened its first store in mainland China 10 years ago. Today H&M group revenues in China amount to SEK 11 billion (approximately USD 1.3 billion) in more than 500 physical stores and online. The H&M group brand Monki has had a strong development in China since its launch on Tmall and the collaboration between the two groups is now being extended to include both the H&M brand and H&M Home. There are also far advanced discussions regarding the launch of the remaining brands in the H&M group on Tmall. “As one

Ahlsell continues to grow within personal protective equipment in Sweden

Ahlsell Sverige AB has signed an agreement to acquire Safe Workwear Sweden AB (Safe Workwear) with annual sales of approximately MSEK 24. Safe Workwear has two branches, one in Stockholm and one in Strängnäs, west of Stockholm. The company was founded in 1997 and sells mainly well-known brands in workwear and personal protection to companies and municipalities. Safe Workwear is privately owned and has nine employees. "We see a long-term high demand for PSU products (Personal Protective Equipment). This year we have made several acquisitions that strengthen our ability to provide our

Pandox completes a directed share issue of 10,000,000 series B shares, raising proceeds of MSEK 1,480

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, SOUTH AFRICA, JAPAN, HONGKONG SWITZERLAND, SINGAPORE OR NEW ZEELAND OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.Pandox AB (publ) (“Pandox” or the “Company”) has, based on the authorisation granted by the annual general meeting on 29 March 2017 and in accordance with what the Company indicated in a press release on 14 December 2017, resolved to carry out a directed share issue of 10,000,000 class B shares at a subscription

The H&M group’s sales development for the full-year 2017 including the fourth quarter 2017

The H&M group continued to grow globally during 2017 in a rapidly changing fashion industry. The H&M group’s sales including VAT increased by 4 percent to SEK 231,744* m (222,865) in the financial year of 2017. Sales excluding VAT amounted to SEK 199,987* m (192,267). In local currencies, sales increased by 3 percent.In the fourth quarter of 2017, i.e. during the period 1 September 2017 to 30 November 2017, sales including VAT amounted to SEK 58,454* m (61,098). Sales excluding VAT amounted to SEK 50,390* m (52,720), a decrease of 4 percent compared to the corresponding quarter last year.

Serneke reaches milestone of more than 1,000 employees

The Construction group Serneke now includes more than 1,000 employees. Around 160 people have been employed at Serneke in the past year.“This is a milestone for our company, which I am very proud to have reached. We are pleased to know that Serneke is an attractive employer, considering that we expect significant growth in this competitive market. Strong growth has been the strategy of the company since its inception. Our stated long-term objective for 2020 is to reach income of at least SEK 10 billion, and then we will need an even greater number of committed employees,” says Managing

Clavister Executives Invest in Incentive Program

Clavister executives have invested in the incentive program earlier resolved by the Annual General Meeting in April 2017. CEO and the executive management team have fully subscribed to the warrants allocated.December 15, 2017, Örnsköldsvik, Sweden. Clavister (Nasdaq: CLAV), a leader in high-performance network security solutions, resolved on an incentive program of up to 300,000 warrants to executives in Clavister at the Annual General Meeting on the 27th of April 2017. The 300,000 warrants have now been fully subscribed to, including full subscription by Clavister’s CEO and the

Management change in Telia Company

Robert Andersson, Senior Vice President and Head of Corporate Holdings, will be leaving Telia Company.“I’m very grateful for the dedicated work that Robert has done for Telia Company. His broad international experience from the telecommunications industry has proven itself invaluable for me and the company on our journey towards becoming a New Generation Telco. I wish him all the best in Finland where he now resides and is ready for new challenges,” says Johan Dennelind, President and CEO of Telia Company. Robert Andersson joined Telia Company and the Group Executive Management in

Summons to extraordinary general meeting

Reference is made to stock exchange notices 14 December 2017. An extraordinary general meeting of the shareholders in Nordic Mining ASA will be held at 16:30 on Monday 8 January 2018 at the Company's premises, Vika Atrium, Munkedamsveien 45 (Entrance A, 5th floor), 0250 Oslo, Norway. On the agenda is private placement and subsequent offering. The summons to the general meeting with the agenda and information related to the items on the agenda are enclosed with this notice. The documents will also be available on the company's webpage www.nordicmining.com. For questions please

Kesko’s comparable sales grew in November