AMSTERDAM, NETHERLANDS: ING GROEP N.V. (ING) has reached an agreement to transfer ING’s Retail Banking operations in Austria to bank99, the bank of Österreichische Post, the Austrian postal services. The agreement follows a review of strategic options for ING’s Retail Banking operations in Austria as announced in March 2021. ING will retain its Wholesale Banking…
Category: Euronext
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Elliptic Labs signs enterprise software license contract with leading laptop OEM
OSLO, NORWAY: Elliptic Labs has signed its first enterprise software license agreement with one of the top three leading global laptop/PC manufacturers. This agreement is for Elliptic’s AI Virtual Smart Sensor Platform and covers the OEM’s mid-tier high volume commercial laptops across multiple models. Elliptic Labs’ AI Virtual Smart Sensors Platform enables features such as…
Great optimism in the Norwegian economy leads to growth in all areas: DNB Bank
OSLO, NORWAY: DNB Bank is experiencing increased customer activity and optimism in step with the reopening of the Norwegian economy. The profit for the second quarter of 2021 was NOK 6 432 million, an increase of NOK 548 million from the first quarter of this year. After a very good first quarter, DNB’s financial performance…
Mutares SE acquires Ganter Construction & Interiors GmbH
MUNICH: Mutares SE & Co. KGaA has signed an agreement to acquire Ganter Construction & Interiors GmbH from MIGATI Beteiligungsgesellschaft mbH. The closing of the transaction is expected in the third quarter of 2021. The company headquartered in Waldkirch, close to Stuttgart, Germany, employs around 200 people and generates revenues of approx. EUR 110 million…
Shell joins Aukra Hydrogen Hub project
OSLO, NORWAY: Aker Clean Hydrogen and CapeOmega have signed a Memorandum of Understanding with energy major Shell to explore opportunities to develop the Aukra Hydrogen Hub to a large-scale production facility for clean hydrogen, using natural gas from the local gas processing plant at Nyhamna, a news release said. Shell is the operator of the…
Aker Carbon Capture launches carbon capture as a service
OSLO, NORWAY: Aker Carbon Capture has launched Carbon Capture as a Service; Carbon capture made easyT, an integrated offering that covers everything a customer needs to reduce emissions by CCS. “Now is the time to bring the full value chain together to enable source-to-storage decarbonization. With our offering, customers will simply pay per tonne captured…
MoU signed to help decarbonize the industrial basin of Normandy
PARIS, FRANCE: Air Liquide, Borealis, Esso S.A.F., TotalEnergies and Yara International have signed a Memorandum of Understanding (MoU) to explore the development of a CO2 infrastructure including capture and storage, to help decarbonize the industrial basin located in the Normandy region, France, a news release said. With the objective to reduce CO2 emissions by up to 3…
Multiconsult acquires Erichsen & Horgen at an enterprise value of NOK 410 million
OSLO, NORWAY: Multiconsult ASA has entered into an agreement to purchase 100% of the shares of Erichsen & Horgen AS, a leading Norwegian engineering consultancy with a strong market position within buildings construction, HVAC, WWT, energy, environment and sustainability, a news release said. The enterprise value (EV) of Erichsen & Horgen is agreed at NOK…
Beter Bed Holding sells its Swedish business Sängjätten to Sengespecialisten
AMSTERDAM, NETHERLANDS: Beter Bed Holding (BBH) has completed the sale of its Swedish business Sängjätten to Sengespecialisten, a Danish subsidiary of the Lars Larsen Group. The business will be operated through a Swedish entity. The completed divestment is an important step in the implementation of the new strategic direction for focused and accelerated growth. Following…
SmartCraft buys all the shares of Kvalitetskontroll AS
OSLO, NORWAY: SmartCraft ASA has today entered into an agreement and completed the acquisition of all the shares of Kvalitetskontroll AS, adding almost 2,000 SaaS customers within quality assurance and environment, health and safety for the construction industry in Norway. The transaction is based on an enterprise value of NOK 58.6 million. The purchase price…
Kongsberg to supply Norway and Germany with NOK 8.2bn worth of ORCCA combat system and missiles
OSLO, NORWAY: Kongsberg Defence & Aerospace AS has entered into contracts with Norway and Germany to deliver ORCCA combat system elements to the six new 212CD submarines, and the Naval Strike Missile (NSM) to the two nations’ navies, a news release said. “The deliveries will last way into the 2030s and is an important and…
Subsea 7 agrees to combine its renewables business unit with OHT
LUXEMBOURG: Subsea 7 S.A. announced an agreement to combine its Renewables business unit with OHT ASA. The combined company will be renamed Seaway 7 ASA and will initially retain OHT’s listing on Oslo’s Euronext Growth market, with a view to a future listing on Oslo Børs. John Evans, Chief Executive Officer, Subsea 7 said: “This…