SAINT-CLOUD, FRANCE: Croatia has selected the Rafale for its Air Force, following an international call for tenders as part of its Multi Role Fighter Aircraft (MRFA) program, a news release said. The contract between the French and Croatian authorities will cover the acquisition of 12 Rafale previously in service with the French Air Force, as…
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Posten Norge stops sale of Bring Frigo AB to Germany based Aurelius
OSLO, NORWAY: Posten Norge AS has terminated the agreement with Aurelius. Bring Frigo AB will continue as a standalone subsidiary of Posten Norge AS, and Posten Norge AS will continue the realisation of the plans for the company’s future development. On 29 March 2021, Posten Norge AS announced that the company Bring Frigo AB in…
13,000 smart LED streetlight implementation across Muscat in Oman
LEUVEN, BELGIUM: More than 13,000 smart LED lights will be implemented in the city of Muscat that are controlled by multiple IoT based smart controllers. 370 Option CloudGate IoT gateways are being used to acquire real-time energy consumption of these LED lamps and any alarms. Once implemented, the installation base of more than 20,000 smart…
Cecilie Jonassen appointed CEO of Vow ASA’s spin-off Vow Green Metals
OSLO, NORWAY: The Board of Vow Green Metals confirmed the appointment of Cecilie Jonassen and Lars Mårdalen as Chief Executive Officer (CEO) and Chief Financial Officer (CFO), respectively of the new company. The appointments are important steps towards the demerger and separate listing of Vow Green Metals later this year. Established by and currently a…
Wordline SA to acquire Greece based Cardlink at an enterprise value of €155 million
BEZONS, FRANCE: Worldline SA signed a bidding agreement for the acquisition of 92.5% of the share capital of Cardlink, the leading Network Services Provider in Greece, at an enterprise value of €155 million, a news release said. Gilles Grapinet, Worldline’s Chairman and CEO, said: “The acquisition of Cardlink is a significant development in our Group…
Aker Horizons CEO Kristian Røkke appointed Chairman of Mainstream Renewable Power
OSLO, NORWAY: Kristian Røkke has been appointed Chairman of the Board of Mainstream Renewable Power, succeeding Dr O’Connor, who is leaving the Board. Mr. Røkke is CEO of Aker Horizons AS. “On behalf of the Board, I wish to thank Eddie for his unwavering commitment and dedication to fulfilling his vision of a world electrified…
Hopium to unveil first rolling prototype of Hopium Machina hydrogen car
PARIS, FRANCE: Hopium, the French hydrogen car manufacturer, will unveil, on June 17th in Paris, the first rolling prototype of its Hopium Machina model, simultaneously with the launch of the 2021 edition of the VivaTech trade fair, a news release said. As anticipated, this presentation constitutes an essential milestone in Hopium’s roadmap, which aims to…
Alstom to supply 32 Coradia Continental regional trains to Hessische Landesbahn for €200 million
PARIS, FRANCE: Alstom has received an order from Hessische Landesbahn GmbH (HLB) to supply 32 Coradia Continental electric multiple units. The order is divided into a total of twelve 4-unit and 20 5-unit trains and has a total value of around €200 million. The trains will be deployed on the Central Hesse subnetwork operated by…
Philippe Kavafyan appointed CEO of Aker Offshore Wind
OSLO, NORWAY: Philippe Kavafyan has been appointed Chief Executive Officer of Aker Offshore Wind to deploy his vast experience from the wind industry to accelerate the deepwater wind developer’s growth ambitions across projects in Asia, Europe and North America, a news release said. Kavafyan’s career spans more than 30 years, including over 15 years in…
Elopak AS plans EUR 50 million IPO on the Oslo Stock Exchange
OSLO, NORWAY: Elopak AS announced its intention to launch an initial public offering of its shares and to apply for a listing on the Oslo Stock Exchange. The Board of Directors, along with Ferd, who founded and have owned Elopak for 64 years, believe that a listing of the Company’s shares on the Oslo Stock…
Lectra gets regulatory approvals for Gerber Technology acquisition project
PARIS, FRANCE: Following the expiration of the review period by the American regulatory authority, Lectra SA now has all the regulatory approvals required to finalize the acquisition project of Gerber Technology, a news release said. The shareholders will be invited to vote on the resolutions related to the transaction at the June 1, 2021 Shareholders’…
Capgemini and Orange to provide ‘Cloud de Confiance’ service
PARIS, FRANCE: Capgemini and Orange announced their plan to set up a new company named “Bleu” that will intend to provide a ”Cloud de Confiance” service which will meet sovereignty requirements of the French State, public administrations and critical infrastructure companies with unique privacy, security and resiliency needs as determined by the French State, a…