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Skanska expands hospital in Vestfold, Norway, for NOK 960M, about SEK 1.0 billion

Skanska has together with Cura-gruppen signed an agreement with Sykehuset Vestfold HF for the expansion of the hospital in Vestfold, Norway. The contract is totally worth NOK 1.7 billion. Skanska’s share of the contract is worth about NOK 960M, about SEK 1.0 billion. The work is carried out by Skanska Norway (70 percent) in cooperation with Skanska UK (30 percent). This means that about SEK 700M will be included in the Nordic order bookings for the first quarter 2017 and the remainder in the order bookings for Europe in the same quarter.The project includes a new psychiatry building with a

Ovako adds shifts to increase production capacity

In light of growing demand in most of Ovako’s customer segments, the company has decided to selectively increase the number of shifts at its steel and rolling mills, thereby increasing the utilization of production capacity.The additional shifts will help reduce bottlenecks in the production and raise Ovako's total available production capacity by around 10 percent, depending on product mix. To staff the additional shifts, Ovako expects to hire about 80 new employees, which are anticipated to join the company during the first and second quarter of this year. “Although there is still a

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Update of contract with Vestfold Hospital Trust

Oslo, 13 March 2017 – In reference to the stock market announcement on 20 May 2016 - The CURA group, with Multiconsult ASA and LINK arkitektur as partners, has together with the contractor Skanska signed the Integrated Project Delivery (IPD) contract with Vestfold Hospital Trust for the new Tønsberg HospitaTotal scope for the CURA group and estimated share of the contract value for the Multiconsult group has increased, which has resulted in an extension of the existing contract of approximately NOK 45 million for the Multiconsult group.The new Tønsberg hospital consists of a new

Bonava’s unique quest to capture public opinion in eight countries

Bonava launched its brand in spring 2016 with the vision to create happy neighbourhoods where people have the highest quality of life. Naturally, this means different things to different people in different countries. Bonava has therefore decided to embark on a quest to gather perspectives on what actually makes people happy in their neighbourhoods in Bonava’s eight markets: Sweden, Germany, Finland, Denmark, Norway, St. Petersburg, Estonia and Latvia.- Our vision is about creating homes and vibrant locations where people can feel at home and be happy. Therefore, it is of central importance

Altor completes the offer to the shareholders of Transcom

Stockholm, 13 March 2017 Altor AB today announced that their offer has been accepted by shareholders with a total holding exceeding 68.4% of the total number of shares and votes in Transcom (excluding 702,966 shares held by Transcom in treasury), which, together with the number of shares that Altor AB held prior to the announcement of the Offer, represents more than 90% of the total number of shares and votes in Transcom.  Altor AB has declared the Offer unconditional and completes the Offer. For additional information, please read the complete press release from Altor AB, available

Castellum advancing its reporting dates in 2017 one day

Castellum AB adjusts the timing of publication of its reports in 2017. Dates of releases are brought forward one day.New dates are:• Interim Report January-March, April 25, 2017.• Half-year Report January-June, July 13, 2017.• Interim Report January-September, October 20, 2017.• Year-end report 2017, January 25, 2018. The reports will be published during the morning each reporting date.An invitation to teleconference or webcast will be sent in advance of the respective reporting date. For additional information, please contact:Ulrika Danielsson, CFO, Phone +46-31 60 74 74

Citec – a multi-discipline partner for the Cleantech industry

With 30 years’ experience in power plant engineering, Citec has the capacity to provide every type of service for the Cleantech industry. At this very moment, Citec is already involved in a number of plant projects, including – solar (CSP), LNG, and CCS (Carbon Capture & Storage).For almost 30 years, Citec has offered multi-discipline engineering, consulting and information management services to the energy & power industries. “We have carried out engineering for more than 1000 power plant projects all over the world,” says Jonas Nylund, Citec Global Business Development Manager. From

Fortum and Futurice are developing a new concept for solar energy companies in developing countries

FORTUM CORPORATION PRESS RELEASE 13 March 2017 Energy company Fortum and software agency Futurice are embarking on a new kind of cooperation that combines their expertise in solar energy and software design. The aim of the cooperation is to create a solution that provides easier access to electricity for people in developing countries. In less than two hours the earth receives from the sun the amount of energy that is consumed annually.  At the same time 1.3 billion people lack a dependable source of electricity. The idea is to develop a platform that would help local solar

TECHSTEP ANNOUNCES ACQUISITION OF INFRAADVICE SWEDEN AB, A SWEDISH ENTERPRISE MOBILITY MANAGEMENT SPECIALIST

On 12 March 2017, Techstep ASA (“Techstep” or the “Company”) entered into a binding agreement with SysTown International AB to acquire InfraAdvice Sweden AB (“InfraAdvice”) for an aggregated purchase price of SEK 18.5 million. The purchase price will be settled with SEK 14.0 million in cash and SEK 4.5 million in Techstep shares based on volume weighted share price 15 days prior to closing. Closing is subject to customary conditions and is expected ultimo March.The shares to be issued to SysTown International AB will be issued under Techstep’s current board authorization to issue shares

SDRL - Seadrill Limited Announces Settlement of West Mira Arbitration

Hamilton, Bermuda, March 13, 2017 - Seadrill Limited ("Seadrill" or "the Company") announces today that it has reached a settlement agreement with Hyundai Samho Heavy Industries Co Ltd. ("HSHI") in relation to the West Mira ("the Unit") arbitration. Seadrill will receive a cash payment of $170 million in March 2017 as full settlement of the dispute. Arbitration proceedings began in October 2015 following the cancellation of the construction contract for the West Mira and were expected to conclude during the first half of 2018. This settlement agreement brings an early conclusion to the

MIPS announces its intention to list its shares on Nasdaq Stockholm

MIPS announces its intention to list its shares on Nasdaq Stockholm, publishes prospectus and announces the offer price for its initial public offering NOT FOR DISTRIBUTION, PUBLICATION OR PUBLIC RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OF THIS PRESS RELEASE MAY BE UNLAWFULMIPS AB (publ) (”MIPS” or the ”Company”) today announces its intention to list its shares on Nasdaq Stockholm, publishes its prospectus and announces the price for the initial public offering (the ”Offer”). MIPS is a Swedish

ABB publishes 2016 annual report

Zurich, Switzerland, March 13, 2017 - ABB Ltd has published its 2016 annual report on its web site and has filed the annual report on Form 20-F with the United States Securities and Exchange Commission.The 2016 annual report is now available electronically at www.abb.com/groupreports. It provides comprehensive information on the company and its strategy, business, governance and financial performance. ABB postponed the publication of its 2016 annual report as a consequence of the significant embezzlement and misappropriation of funds in its South Korean subsidiary and the resulting

New international investor event highlights business opportunities in Finland’s health technology sector

Invest in Finland, part of Finpro, announces Healthtech Invest Europe 2017 – a new event aiming to bring together investors and health technology growth companies from all over Europe. The event will be held on 15-16 March at Finlandia Hall, Helsinki, Finland.“We are pleased to announce Healthtech Invest Europe 2017 and are grateful for the support of leading investors,” announces Nora Kaarela, Head of Health Industry at Finpro. “This is Finland’s first event of this magnitude in the field of health technology. We took the initiative to organize Healthtech Invest Europe 2017 after

Catella’s new BAVARIA fund acquires residential and retail property in Munich

Munich-based investment manager Catella Real Estate has acquired its first property for the Catella BAVARIA fund, which was launched in December 2016. The residential and retail property in the Neuhausen-Nymphenburg district of Munich, measuring almost 2,000 square metres, was bought for EUR 20.8 million.“This residential and retail property in the popular Neuhausen-Nymphenburg district is the perfect first acquisition for the fund’s portfolio. As a multi-tenant property, it offers an excellent risk-return profile for our investors. The acquisition of further properties for the fund is

Catella makes first EUR 41 million acquisition in Berlin for its pan-European student housing fund

The residential team of investment manager Catella Real Estate has made the first purchase for its Catella European Student Housing Fund. The student housing property was acquired for EUR 41 million from the Homepoint group, and consists of a development scheme for 425 residential units in Berlin.The pan-European student housing fund was launched in 2013, and Catella took over the management in mid-December 2016. “We are pleased to have acquired this building from the Homepoint group, at a good location in Berlin, for our new student fund. Being invested in Berlin means we are further

ANNOUNCEMENT IN RELATION TO LEWEK CHAMPION SHIPPING PTE LTD

1.         NOTICE OF TERMINATION OF BAREBOART CHARTER OF THE “LEWEK CHAMPION” 1.1       The Board of Directors (the “Board”) of Emas Offshore Limited (the “Company”, together with its subsidiaries and associated companies, the “Group”) wishes to announce that a notice of termination dated 9 March 2017 (“Notice of Termination”) was given to  Lewek Champion Shipping Pte Ltd,  a wholly owned subsidiary of the Company, to terminate the Bareboat Charter of the “Lewek Champion” (the “Vessel”) on the amended Barecon 2001 Form dated 19 February 2014 (the “Bareboat Charter”) between Lewek

Thule wins two iF Gold Awards 2017 for outstanding design

Last night, Thule was recognized with the highest iF Design honor, the coveted iF Gold Award, for both Thule Chariot Sport multisport trailer and Thule Yepp Nexxt Maxi child bike seat. The iF Gold Award is one of the most renowned international design awards and considered a quality seal for excellence in design.In competition with more than 5,500 products in seven categories, only 75 products were honored with the highest prize – the iF Gold Award. The winners, selected by an international 58-member jury of design experts, were announced and awarded in front of 2,000 international design

Global trade of softwood lumber has gone up 66 percent in seven years, while lumber prices have fallen substantially over the same time-period

Global softwood lumber trade increased 12 percent year-over-year to reach a new record-high of 121 million m3 in 2016, per estimates by WRI. Since the global financial recession in 2009, there has been a steady climb in international trade of lumber, with shipments the past seven years having increased as much as 66 percent.This is an excerpt from the newly released market report Wood Resource Quarterly. For subscription to the full 52-page report, please visit www.woodprices.com Global Lumber Trade Global softwood lumber trade increased 12 percent year-over-year to reach a new

Candlewick Press and Girl Scouts of Eastern Massachusetts Partner to Create April Vacation and Summer Camp Programming

Candlewick books offer adventure, strong female characters to inspire young Girl Scouts   SOMERVILLE, MA – March 10, 2017 – Candlewick Press and Girl Scouts of Eastern Massachusetts announced today that they will collaborate on April vacation and summer camp programming that uses acclaimed books featuring strong, independent girls to nurture Girl Scouts’ confidence and love of reading.   “We are pleased to partner with Candlewick Press to offer programs that will increase girls’ access to books and will connect them to inspiring stories about female characters who exhibit the

PCI Applauds Wyoming Governor’s Signature of Critical Consumer Protection Measure

Wyoming becomes 28th state to enact reforms to safeguard homeowners from storm-chasing contractorsCHEYENNE, Wyo. — With the stroke of his pen, Governor Matt Mead made Wyoming the 28th state to enact legislation designed to protect homeowners who have suffered damage as a result of a hail storm from being victimized a second time by storm-chasing contractors, says the Property Casualty Insurers Association of America (PCI). “Senate File 127 implements important protections for homeowners that sustain hail damage to their home and then are targets of fraud by out-of-town contractors who

Stena Bulk acquires 100% of the shares in Stena Weco

Stena Bulk has agreed to purchase the remaining 50% of the shares in Stena Weco from its partner WECO Shipping. Stena Weco will thus be wholly owned by Stena Bulk. Stena Weco’s head office will remain as it is today in Denmark in addition to the regional offices in Singapore, Dubai and Houston. Within the agreement between Stena Bulk and Weco, WECO Shipping will continue to run their controlled fleet in the Stena Weco logistic system. Stena Weco currently operates around 65 vessels, about half of which are owned and half chartered. “After six very successful

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