Vegard Wollan to succeed Svenn-Tore Larsen as Nordic Semiconductor CEO

OSLO, NORWAY: Nordic Semiconductor, a global leader in connectivity solutions, has announced that Vegard Wollan will take over as the new CEO of the company from January 1, 2024. Wollan…

NNR December 12, 2023

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Norwegian insurance companies, Fremtind Forsikring and Eika Forsikring to merge in 2024

OSLO, NORWAY: Two Norwegian insurance companies, Fremtind Forsikring AS and Eika Forsikring AS, have agreed to merge in 2024, creating a new entity called Fremtind Forsikring. The merger is subject…

NNR December 12, 2023

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Everfuel collaborates with ITOCHU and Osaka Gas for green hydrogen production

HERNING, DENMARK: Everfuel A/S has entered into a strategic collaboration with HyVC ApS (the Japanese consortium), a joint venture between ITOCHU Corporation and Osaka Gas Co., Ltd., with the ambition…

NNR December 12, 2023

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Marel appoints Arni Sigurdsson as Chief Executive Officer

AMSTERDAM: Marel today announced that Arni Sigurdsson has been appointed as Chief Executive Officer with immediate effect. Marel (NASDAQ: MAREL; AEX: MAREL) is a leading global provider of advanced food…

NNR December 11, 2023

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Schibsted ASA to split into two companies, Tinius Trust to take over media business

OSLO, NORWAY: Schibsted ASA, the Norwegian media and online classifieds giant, has announced a major restructuring plan that will see its news media operations spun off into a separate company…

NNR December 11, 2023

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ArcelorMittal sold Kazakh steel and mining operation to Qazaqstan Investment Corporation

AMSTERDAM: ArcelorMittal has completed the sale of ArcelorMittal Temirtau, its Kazakh steel and mining operation, to the Qazaqstan Investment Corporation (‘QIC’), a state-controlled direct investment fund. ArcelorMittal and the Government…

NNR December 8, 2023

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Bureau Veritas announces new Executive Committee to boost growth and sustainability

PARIS, FRANCE: Bureau Veritas, a world leader in testing, inspection and certification (TIC) services, has announced the reshaping and strengthening of its Executive Committee, effective from January 1st, 2024. The…

NNR December 8, 2023

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Avance Gas sells two newbuildings for $240 million, plans to return cash to shareholders

OSLO: Avance Gas Holding Ltd has announced the sale of its two remaining dual fuel newbuildings for $240 million, generating a profit of about $73 million and a cash release…

NNR December 8, 2023

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Societe Generale to sell its African subsidiaries to Vista Group

OSLO, NORWAY: Societe Generale, a leading European bank, has announced that it will divest its shares in two of its African subsidiaries: Société Générale Burkina Faso and Banco Société Générale…

NNR December 7, 2023

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Multiconsult’s Iterio AB acquires Helm Connect AB and Helm Project Management

AMSTERDAM: Multiconsult (Oslo: MULTI) has strengthened its position in the Swedish market with the acquisition of Helm Connect AB and Helm Project Management by its Swedish subsidiary, Iterio AB. This…

NNR December 6, 2023

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LOS Group to be acquired and merge into Eqva ASA

OSLO, NORWAY: Eqva ASA and LOS Group have signed a letter of intent for a business combination agreement. The combined entity will have an EV of approximately NOK 620 million.…

NNR December 6, 2023

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Eiffage Énergie Systèmes has acquired 97% of Van den Pol Elektrotechniek B.V

PARIS, FRANCE: Eiffage, through the Dutch subsidiary of Eiffage Énergie Systèmes in the Netherlands has just acquired 97% of Van den Pol Elektrotechniek B.V., complementing its expertise in the industrial…

Chenos Kahn December 4, 2023