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Scan Global Logistics continues the expansion and acquire PostNord’s Swedish Air & Ocean activities

The acquisition is the second one during 2020 whilst opening in several new countries in Europe, Scan Global Logistics is expanding their footprint even though the pandemic has been disrupting the transport and logistics market.Scan Global Logistics announces the new acquisition of PostNord’s Swedish Air & Ocean activities as of October 1, 2020, including the employees who will bring valuable competencies and insights on the Swedish market and enable a more extensive network and presence in Sweden. PostNord Air & Ocean have an annual turnover at DKK 140 million, and is a well-known brand

Ovzon sets new benchmark for High Bandwidth to Rotary Wing Aircraft

Ovzon recently set a new benchmark for bringing satellite bandwidth to helicopters in flight. Flying in heavy rain on a Blackhawk helicopter, Ovzon’s satellite service brought simultaneous 17Mbps transmit and 17Mbps receive throughout the flight. The demonstration was carried out using an Ovzon steerable satellite beam, and enabled simultaneous transmission of high definition video and a multiparty video teleconference from the aircraft.“Getting this amount of bandwidth ‘through the rotors’ is unprecedented and we’re excited to have shown our steerable spot beams enabling helicopter

AFRY one of Sweden’s most attractive employers

A recent survey shows that flexible working conditions and a commitment to sustainability are crucial aspects when young professionals are asked to rank their ideal employers. AFRY is listed among the companies that fit the bill.In the latest survey from Universum, among young Engineers, AFRY lands in eleventh place, which is impressive considering that the brand has yet to turn one year old. The AFRY brand was launched on 25 November 2019 after the merger of ÅF and Pöyry. In recent years, the company has held top positions in the survey, along with companies such as IKEA, Spotify, Google

Risk Intelligence A/S increases recurring revenue by 20% in Q3 2020

Risk Intelligence A/S (“Risk Intelligence”) announces today that the Company has had a growth of recurring revenue of 20% in Q3 2020 compared to Q3 2019 and total growth of revenue of 1%.The recurring revenue in Q3 2020 has increased by 20% to DKK 3,114,299 (Q3 2019 DKK 2,601,717) due to several new clients for the Risk Intelligence System. The non-recurring bespoke Advisory Services has decreased 52% to DKK 636,732 (Q3 2019 DKK 920,066) due to challenges in delivering bespoke services at clients’ premises and operations because of COVID-19. Bespoke reports such as security risk assessments

Sobi announces topline phase 3 data of avatrombopag for the treatment of Chemotherapy-Induced Thrombocytopenia

Swedish Orphan Biovitrum AB (publ) (Sobi™) (STO:SOBI) today announced topline results from its phase 3 study of avatrombopag, an oral thrombopoietin (TPO) receptor agonist, in solid tumour cancer patients with chemotherapy-induced thrombocytopenia (CIT). Though avatrombopag increased platelet counts relative to placebo as expected, the study did not meet the composite primary endpoint of avoiding platelet transfusions, chemotherapy dose reductions by 15 per cent or greater, and chemotherapy dose delays by four days or more.  In the intent-to-treat population (full analysis set), 69.5 per

Ramsbury Invest AB issues call options to CEO of H&M group

Ramsbury Invest AB, the principal shareholder in H & M Hennes & Mauritz AB, is issuing 300,000 call options to Helena Helmersson, the H&M group’s CEO. The options are issued on market terms and are based on an independent third-party valuation using the Black & Scholes model. The options issued have no dilution effect for H&M shareholders and no cost to the H&M group since the transaction is against Ramsbury Invest AB’s existing shareholding. Each option provides the right to buy one class B share in H&M at a strike price of SEK 202.48 per share and may be exercised during a 12‑month

SSAB Raahe tried out the use of augmented reality in the supervision of installation work

SSAB Raahe took a digital leap in the annual maintenance of the strip mill in the summer, when augmented reality (AR) was used for the first time in the supervision of installation work. This meant that instead of traveling from Germany to the SSAB’s Raahe mill in Finland, the expert who usually oversees the work was able to follow and direct the work through AR glasses attached to the hard hat of the mill’s own installation supervisor. Jarkko Ahonen Two gearboxes were replaced in conjunction with the last annual maintenance at the Raahe mill. The new gearboxes were ordered for

Correction: English version of MAR-label

The pressrelease The Swedish Sea Rescue Society (SSRS) order another RescueRunner (date: 2020-10-09) was accidentally marked with a MAR-label in Swedish instead of in English, the MAR-label should have been: "This information is such information that Safe at Sea AB is obliged to publish in accordance with the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was submitted, through the care of the above contact person, for publication on 9 October, 2020."

EPD - An important tool in sustainability work

What is the environmental impact of a product throughout the whole lifecycle? You can find this out in SSAB’s environmental product declarations, EPDs. Jonas Larsson“We report all emissions until the product is ready for delivery. This means that it’s easy for our customers to supplement this information with their own values and achieve a total emission value for their particular product,” says Jonas Larsson, Director of Environmental Affairs at SSAB. SSAB has a strong focus on sustainability and the ultimate aim is to become fossil free by 2045. SSAB’s ambition is also to be

Pihlajalinna begins negotiations for the purchase of all the shares in Työterveys Virta Oy

Pihlajalinna Plc        Press release             9 October 2020 at 1.15 p.m. Pihlajalinna begins negotiations for the purchase of all the shares in Työterveys Virta Oy Pihlajalinna is beginning negotiations for the purchase of the entire shareholding of Oulu-based Työterveys Virta Oy, which provides occupational health care services. Pihlajalinna emerged successful in a public bidding competition organised for the sale of Työterveys Virta Oy’s shareholding and its occupational health care services. Työterveys Virta Oy’s owners and Pihlajalinna will next sign a memorandum of intent.

Kindred Group plc – Trading update for the third quarter 2020

· Continued strong momentum in the third quarter 2020 supported by a busy sports calendar and high customer activity, which resulted in both number of active customers and Gross winnings revenue reaching all time high levels. · Strong revenue growth combined with lower marketing investment and careful management of the overall cost base drove a significant increase in the Underlying EBITDA.Kindred has delivered another strong quarter with Gross winnings revenue at an all time high of about GBP 280 million (Q3-2019: GBP 226.0 million). This represented annual growth of 24 per cent. The

Long-term incentive plan for Finnair personnel and management aims at rewarding personnel for the rebuilding of the company

Finnair is in the middle of the largest crisis in aviation’s history and is facing a challenging financial situation due to the impacts of the COVID-19 pandemic. To emerge from the crisis the airline has launched a comprehensive adjustment and cost-savings programme. The programme includes, among many other actions, jointly agreed decreases in personnel costs for several personnel groups. Top management remuneration does not include variable salary elements from 2020-2022. The rebuild of Finnair will take years, and it requires hard work and dedication. Securing the company’s future

Alma Media's Q3 2020 Interim Report to be published on 22 October 2020

Alma Media Corporation         Press Release        9 October 2020 ALMA MEDIA'S Q3 2020 INTERIM REPORT TO BE PUBLISHED ON 22 OCTOBER 2020 Alma Media will publish its Interim Report for January–September 2020 on Thursday, 22 October 2020 approximately at 8.00 EEST.  An analyst and investor webcast and teleconference will be held in English by President & CEO Kai Telanne and CFO Juha Nuutinen at 11.00–12.00. The live webcast can be followed via https://almamedia.videosync.fi/2020-q3-results/register.  To ask questions by phone during the live webcast, please join at least five

Performance-based long-term incentive plan for Finnair's Executive Board

Finnair Plc         Stock Exchange Release           9 October 2020 at 1.00 p.m. EEST The Board of Directors of Finnair has approved a new performance share plan covering the period from 1 July 2020 through 30 June 2023. Within the plan, the participants have the opportunity to earn Finnair shares and cash as a long-term incentive reward, if the performance targets set by the Board of Directors for the plan are achieved. The arrangement is directed to the company’s Executive Board, including the CEO. The purpose of the arrangement is to motivate the management to work for increasing the

PROVENTUS CAPITAL ANNOUNCES NAV OF PROVENTUS CAPITAL PARTNERS IV

Stockholm, 9 October 2020 Proventus Capital today announces that, at the close of business on 30 September 2020, the Net Asset Value per participation loan debenture of Proventus Capital Partners IV, is EUR 108.20 for series A1. Ordinary Income of EUR 5.43 per series A1 participation loan debenture will be distributed to debenture holders on 21 October 2020. No repayment of capital will be distributed to the debenture holders for the quarter. Proventus Capital Partners IV’s assets are composed of 92.2 per cent privately issued corporate loans and 7.8 per cent publicly traded

Sandvik to divest its Exploration business

Sandvik has signed an agreement to divest its Exploration business to Drillman, a subsidiary of the M Group of companies, which is 100% owned and operated in Australia. Drillman provide equipment and technical support to the Geotechnical, Mineral Exploration, Horizontal, Directional and Upstream Gas Drilling sectors, among others.  The deal includes exploration rigs, consumables and production stock, along with selected trademarks and patents. The business is currently reported in Sandvik Mining and Rock Technology. “I am pleased that we have signed an agreement to sell our

PROVENTUS CAPITAL ANNOUNCES NAV OF PROVENTUS CAPITAL PARTNERS IV B

Stockholm, 9 October 2020 Proventus Capital today announces that, at the close of business on 30 September 2020, the Net Asset Value per participation loan debenture of Proventus Capital Partners IV B, is EUR 106.44 for series A1 and EUR 1,064.35 for series B. Ordinary Income of EUR 4.32 per series A1 participation loan debenture and EUR 43.1 per series B participation loan debenture will be distributed on 21 October 2020. No repayment of capital will be distributed to our debenture holders for the quarter. Proventus Capital Partners IV B’s assets are composed of 92.2 per cent

​UGC hero of the month ­­– September 2020: Glacial

September’s UGC hero of the month is Glacial! Glacial  is a Swedish brand that produces sustainable steel bottles to help fight the world’s overconsumption of plastic. They have been working with Flowbox for the past six months, and their flows are just stunning. On their inspiration page, Glacial has created icons for their filter buttons with the colors and patterns that represent the different styles that they offer on their bottles. Using colorful icons in addition to writing out the names is a very creative way to use filtering. It’s a known fact

BioStock: Follicum finalises patient recruitment in hair growth study

Alopecia patients have very few treatment options available to them. Those that exist are often ineffective and come with a multitude of side effects, and they mainly target men. Follicum’s FOL-005 is a compound in clinical development that has the potential not only to compete against current hair-loss medications in terms of efficacy, but it could potentially treat women as well as it could men. The Swedish biotech company recently announced it has completed patient recruitment for its phase II study and look forward to presenting data in the first half of 2021.Read the full article at

The Swedish Sea Rescue Society (SSRS) order another RescueRunner

We are happy to announce that the Swedish Sea Rescue Society (SSRS) through a donation further expand their fleet of RescueRunners.Today SSRS have more than sixty RescueRunners operational at their 69 rescue stations. By ordering this RescueRunner SSRS will further increase their capacity to save lives at sea. Many of the SSRS RescueRunners have been in operation for over 10 years and helped save many lives at sea. SSRS once developed the RescueRunner for rescue missions in shallow and rocky areas where other boats cannot go. SSRS is not only a customer to Safe at Sea, they are also a

Componenta’s financial information and Annual General Meeting in 2021

Componenta Corporation Stock Exchange Release on 9 October 2020 at 12:15 During the year 2021, Componenta Corporation will publish its financial reports as follows: · Financial Statements Release for 2020 on Friday 26 February 2021 · Business Review for January-March 2021 on Friday 7 May 2021 · Half-year Financial Report for January-June 2021 on Friday 23 July 2021  · Business Review for January-September 2021 on Friday 5 November 2021  The Annual Report 2020 including the Financial Statements and Report by the Board of Directors will be published on 12 March 2021 at the

Nomination Committee for the 2021 Annual General Meeting

The Nomination Committee of Alimak Group has been appointed.In 2016, Alimak Group’s annual general meeting adopted an instruction regarding the appointment of the Nomination Committee, applicable until the general meeting resolves otherwise. Pursuant to this instruction, the Nomination Committee shall, prior to the 2021 annual general meeting, be composed of representatives of the four largest shareholders listed in the shareholders’ register maintained by Euroclear Sweden as of August 31, 2020, together with the Chair of the Board, who will also convene the first meeting of the Nomination

The revival of rail traffic

Even though COVID-19 is impacting the economy in several areas, the signs point to a tendency for cities to increasingly invest in rail traffic in the 2020s. The requirements of sustainability and a denser urban structure contribute to the revival of rail traffic. Tampere Tramway has been a trailblazer as trams make a return in Finland. It is already undergoing testing and it will start its operations next year. The Jokeri Light Rail and Kruunusilta Tramway Alliance are currently in progress in the capital region. Helsinki City Transport has made a significant investment plan amounting

New SKF Lincoln grease injector raises productivity in harsh applications

The latest addition to SKF’s single-line lubricant injector range contributes to increased productivity in tough applications.Gothenburg, Sweden, 9 October, 2020: The new SKF Lincoln SL-6 injector has been designed for ease of use and maintenance in mind, with outstanding leak protection and service life, even with harsh EP (extreme pressure) greases. The SL-6 can easily be retrofitted to existing single-line pump systems. SKF Product Manager Jordan Butler explains: “With higher demands on productivity, less time for maintenance and low tolerance for unplanned stops, lubrication

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