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Electrolux has decided to exit Russia

As previously communicated Electrolux paused its operations in Russia when the war in Ukraine commenced. Electrolux has now decided to exit Russia and divest the business to local management through a sale of its Russian subsidiary. A capital loss of approximately SEK 350m will be recorded as a non-recurring item affecting the operating income for Business Area Europe in the third quarter 2022.Russia’s invasion of Ukraine and the following sanctions have made it impossible for Electrolux to continue its business in the country. The decision to divest the Russian business to local management

Ductor received grant from Klimatklivet to drive circular projects forward

Ductor Biogas Sweden AB has successfully applied for a grant from Klimatklivet, a scheme that supports local climate investment aiming to speed up the environmental goals of limited climate impact. Companies, municipalities, housing associations and county councils can apply for Klimatklivet aid. The yearly budget allocated to Klimatklivet rises and is distributed amongst projects that will produce the biggest reduction in greenhouse gas emissions per krona invested.Press Release The grant of 112 million SEK was allowed to Ductor for the positive impacts of its technology in terms of

Using PayPal Casino on slots in the UK

PayPal casino UK usage has been central to the popularity of online casinos in much of the world and the UK is no different.  In fact, it’s safe to say that the entire industry would look very different right now if the perfect marriage of digital money transfers and online casinos had not aligned so perfectly a few decades ago. There are many PayPal Casinos in the UK, including some that are truly out of this world. You can find Space Casino here 

Comsys Announces New CEO

The Board of Directors of Comsys AB is pleased to announce the appointment of Marianne Sernevi as the new Chief Executive Officer of Comsys, effective immediately.Marianne will guide the organization in its mission to be the leading global supplier of advanced solutions for energy efficiency and power quality for all types of applications and infrastructures.  “We welcome Marianne as the new CEO of Comsys. We have had to opportunity to work with her since 2019 as chairwoman of Comsys board. Her background from the power sector and Comsys will allow us to maintain the fantastic traction

Brain+ announces results of Extraordinary General Meeting of Shareholders

Copenhagen, Denmark – 2 September 2022 – Brain+ A/S (“Brain+”) [BRAINP], today announced the results of the Extraordinary General Meeting of Shareholders of Brain+ (“EGM”) which was held on 2 September 2022.The following resolutions, which had been submitted for shareholder approval, have been approved at the EGM of the Company’s shareholders today. Election of Chairman of the Meeting: Ricki Boye was elected Chairman of the Meeting. Election of new members of the Board of Directors with immediate effect: The following persons were elected to the Board of Directors of Brain+: ·

Cyxone appoints Erika Samuelsson as Chief Development Officer

Cyxone (publ), a biotech company in autoimmune diseases, announces today that Erika Samuelsson has been appointed new Chief Development Officer (CDO) in the company as of 1 September 2022. With her broad experience from roles in project management in drug development within the biotech business, Erika will be an important part of Cyxone’s continued ambition to strengthen and develop the company.Erika Samuelsson holds a PhD in Immunology from Lund University and has over 20 years’ experience from the Life Science field. Erika has held senior positions at Alligator Bioscience AB, Idogen AB

Change of CEO at Biohit Oyj

Publishing on September 2, 2022 at 12:00 am local time (EEST)   CEO Päivi Siltala has resigned. The Board of Directors of Biohit Oyj has appointed CFO Jussi Hahtela the new CEO. Hahtela will start in the new role immediately. Chairperson of the Board of Directors, PhD Lea Paloheimo: “Hahtela has as the CFO had an important role in business development and improved profitability. The Board of Directors believe that CEO change will strengthen the positive development further.” Master of Social Sciences Jussi Hahtela (b. 1973) has worked at Biohit as CFO from June 2021. He has

NCC to build retirement home in Denmark

NCC has been contracted by Hjörring Municipality to build a new retirement home in Sindal, Denmark. The property will accommodate 96 residential units and common service areas. The order value is approximately SEK 230 million. Illustration: Cubo Arkitekter Hjörring Municipality’s new retirement home will offer exercise rooms, an activity center, a medical center, café, daycare, an office and 96 residential units for the elderly with associated common areas. The total area of the retirement home will be about 10,000 square meters. “By being involved in the project from an

Kongsberg Automotive establishes a central Sales Organization and appoints a new Chief Sales Officer

Zurich, September 2, 2022: Kongsberg Automotive (KA) has set up a new central Sales Organization and has appointed David Redfearn as the Chief Sales Officer (CSO). David previously led the Fluid Transfer Systems business unit. The centralization of KA’s sales and business development activities, as announced on Capital Markets Day in December 2021, is a part of the company’s transformation and modernization program. KA’s Sales Organization will host a central team that allows KA to have a stronger focus on its key customers, as well as tap additional markets in highly profitable segments.

Kongsberg Automotive merges Fluid Transfer Systems and Couplings business units

Zurich, September 2, 2022: Kongsberg Automotive ASA (KA) has merged Fluid Transfer Systems (FTS) and Couplings business units to create a new ‘Flow Control Systems’ business unit.KA’s FTS business unit supplies PTFE hoses and hose assemblies to various industrial and automotive markets. KA’s Couplings business unit is a leader and supplier of compressed air couplings to the global commercial vehicle market. This merger, along with the recent divestments, is in line with KA’s Shift Gear transformation program that aims to modernize the company’s product portfolio with the target to

InCoax awarded initial order from the US based Tier-1 operator

Following successful Field trials, the US based Tier-1 operator has placed an initial 3.5 MSEK order covering 2 – 3,000 homes. Deliveries will be made during end of Q3 and Q4 2022. The operator has a need to convert approximately four million single-family homes over a 3-5-year period.“This is a strategic order that deepens our cooperation with the Tier-1 operator and paves way for additional business on this use case and other ongoing projects. This opportunity has potential to significantly strengthen our presence on the US market” says Helge Tiainen, InCoax Head of Marketing, Sales and

Report from the Extraordinary General Meeting of Alimak Group AB on September 2, 2022

Alimak Group AB (publ) held an extraordinary general meeting on Friday, September 2, 2022. The main resolutions passed at the meeting were as follows. More detailed information about the contents of the resolutions may be obtained from the complete notice of the extraordinary general meeting, which is available on the company’s website.Amendment of the articles of association The meeting resolved, in accordance with the Board of Directors’ proposal, to amend the company’s articles of association by increasing the limits on the company’s share capital and the number of shares in the

Wärtsilä and Maersk collaborate in developing unique ‘pipe in pipe’ solution to prevent scrubber discharge pipe corrosion

Wärtsilä Corporation, Trade press release, 2 September 2022 at 11.00 EESTThe technology group Wärtsilä and Danish ship operator A.P. Moller - Maersk have provided a means for preventing corrosion in scrubber discharge pipes. The permanent in-pipe solution is designed to solve corrosion problems associated with open-loop scrubber washwater discharge. The majority of the estimated 5,000 scrubber systems installed across the global fleet are of open-loop configuration. With this system, seawater is used to scrub SOx from the exhaust gas, with the used water then being discharged back to the

The scientific wonder that captivated the medical world

Over 50 years ago, Getinge launched the world’s first flow-controlled ventilator with a rapid servo control system – The Servo Ventilator. “Our ventilators have always been synonymous with innovation, reliability, and enduring quality. These inherited values will keep defining tomorrow’s Servo Ventilators,” says Anders Häggström, Global Product Manager at Getinge. When it launched back in the early 70´s, the Servo Ventilator was a scientific wonder that captivated the medical world by pioneering personalized ventilation and changing the perception of intensive care ventilation.

YIT’s modern logistics properties developed for, and sold to, DWS Group have been completed

YIT Corporation Press release 2 September 2022 at 11:00 a.m.YIT has developed and built three significant logistics centres in Vantaa. The first logistics property, K3 West, was completed in 2020, and K3 North in early 2022, both in Vantaa’s Viinikkala district. The last of the three, VT4, was completed in Hakkila in August 2022. The three logistics properties have a combined floor area of 50,000 m2. All three properties have already been sold to a real estate fund managed by DWS Group.The K3 West and K3 North logistics properties were built in a 30-hectare area located between Ring Road

Evac launches life-time warranty for Cathelco[®] products

In line with the strategic mission of greater sustainability, Evac introduces a life-time warranty for its Cathelco[®] range of impressed current cathodic protection (ICCP) and marine growth prevention (MGPS) systems.This new initiative is timed to coincide with SMM 2022 exhibition in Hamburg where Evac will be exhibiting their latest Evac[®] solutions in integrated water and waste management together with the Cathelco[®] products which have proven their effectiveness on commercial, cruise, naval and luxury yachts throughout the world since 1965. “The introduction of the life-time

Invitation to webcast 14 September 2022 - Navigating the road to zero emissions

In the US, compressed (renewable) natural gas has been the gamechanger in the heavy-duty trucking sector with over 175,000 RNG/CNG vehicles on the road. With a growing European regulatory network, increasing diesel prices and high availability of natural gas, we need to consider the clean fuel alternatives for more compact European heavy-duty vehicles. On 14 September, 08:00 am CEST, we invite customers, shareholders, analysts, media and other stakeholders for a one-hour presentation and discussion on the options for heavy-duty transport in Europe. To attend the event, please register

BioStock: Chordate accelerates global market entry

Last week, the medtech company Chordate Medical announced two new agreements for the market introduction of the company’s migraine treatment in Germany and Israel. These are further signs that the global market establishment of the treatment is initiated, which CEO Anders Weilandt tells more about in an interview with BioStock.Read the full article at biostock.se: https://www.biostock.se/en/2022/09/chordate-accelerates-global-market-entry/ This is a press release from BioStock - Connecting Innovation & Capital. https://www.biostock.se

DNB Markets - IAR Systems: Trending in the right direction

A quality Q2 beat reinforces our view that IAR Systems is gradually coming back to an accelerated profitable growth trajectory after a long negative EPS revisions trend. We do not believe IAR Systems is immune to weakening IT spending but highlight that its 2023 earnings should grow from base that is already ~30% below 2018 levels with positive commercial momentum from its new products exposed to high-growth megatrends, such as IoT, RISC-V and cybersecurity. We have raised our 2022–2023e EPS by 13% and our fair value to SEK140–250 (130–220).Strong Q2 report any way we look at it. Organic

Capital increase in TORM due to exercise of Restricted Share Units as part of TORM’s incentive program

TORM plc (“TORM”) increases its share capital by 56,713 A-shares (corresponding to a nominal value of USD 567.13) as a result of the exercise of a corresponding number of Restricted Share Units.   The capital increase is carried out without any pre-emption rights for existing shareholders or others. All 56,713 new shares are subscribed for in cash. 12,407 of the new shares have been subscribed for at DKK 39.2 per A-share, 31,901 of the new shares have been subscribed for at DKK 60.1 per A-share and the remaining 12,405 new shares have been subscribed for at DKK 49.3 per A-share. All

Nordea joins the flagship EURO STOXX 50 Index

Nordea will enter the EURO STOXX 50 Index following the regular annual review of the STOXX blue-chip indices. The EURO STOXX 50 is a supersector leader index for the Eurozone region and comprises the 50 largest listed companies in the Eurozone, in terms of free-float market capitalisation. Nordea ranks as the third largest bank. This inclusion further highlights Nordea’s successful implementation of the strategy launched in 2019 and the significant improvement in financial performance, which have driven the strong share price performance. Since 2019 Nordea has created significant

Arterial stiffness raises blood pressure in adolescents via insulin resistance

In the young population, arterial stiffness, an emerging risk factor for hypertension, indirectly raises blood pressure via an increase in insulin resistance but not via an increase in body fat, a paper published in Frontiers in Cardiovascular Medicine concludes.There is a global effort aimed at screening, identification, and early diagnosis of hypertension in order to prevent this “silent killer disease” and its sequelae from early life. There remain missing gaps in knowledge on pathways through which blood pressure is raised even in normal-weight populations who are physically active and

Notification of managers’ and closely related parties’ transactions with Dampskibsselskabet NORDEN A/S’ shares in connection with share buy-back program

ANNOUNCEMENT NO. 172 - 2 SEPTEMBER 2022   In connection with the announced share buy-back program in NORDEN, A/S Motortramp continuously sells shares pro rata and the market is to be informed accordingly – see the attached file and announcement no. 158/22. A/S Motortramp participates in NORDEN’s share buy-back program by selling shares pro rata in order to maintain the current ownership of just under 32% of the shares in NORDEN.     Kind regards, Dampskibsselskabet NORDEN A/S   Martin Badsted CFO     For further information: Thomas France, Investor

BioStock: Strong momentum for Curasight in first half of 2022

2022 has so far been eventful for Danish biotech Curasight. Adding two more indications to its strategy during the spring, the company is now waiting for results from the investigator-initiated phase II study with uTRACE in brain cancer. BioStock contacted CEO Ulrich Krasilnikoff for a comment on the Q2 report released last week.Read the full article at biostock.se:https://www.biostock.se/en/2022/09/strong-momentum-for-curasight-in-first-half-of-2022/This is a press release from BioStock - Connecting Innovation & Capital. https://www.biostock.se

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