CEO Klaus-Anders Nysteen is leaving Hoist Finance
STOCKHOLM, SWEDEN: Klaus-Anders Nysteen is leaving as CEO of Hoist Finance with immediate effect, a news release said. Hoist Finance Board of Directors have appointed...
Maxima Grupė’s grocery chain Stokrotka buys 9 stores in Poland
WARSAW, POLAND: Polish retail grocery chain Stokrotka has signed an agreement to take over 9 grocery stores that are operating in Poland in the region...
Enedo Plc CEO Vesa Leino to leave the company
HELSINKI, FINLAND: CEO of Enedo Plc, Vesa Leino, has decided to leave the company, a news release said. He will continue in his current position...
Harvia Plc acquires Kirami Oy for EUR 7 million
MUURAME, FINLAND: Harvia Plc has acquired Kirami Oy, a leading Finnish still water hot tub manufacturer and pioneer in wood-heated hot tubs globally, a news...
Íslandsbanki hf to proceed with IPO on Nasdaq Iceland
REYKJAVÍK, ICELAND: Bankasýsla ríkisins (Icelandic State Financial Investments, “ISFI”), on behalf of the Treasury of Iceland, and Íslandsbanki hf., confirmed their intention to proceed with...
Sampo continues to reduce its holding in Nordea Bank
HELSINKI, FINLAND: Sampo Group has announced a sale of a maximum of 162 million Nordea Bank shares to institutional investors. The sale represents at most...
Bonava AB winds down its operations in Denmark
STOCKHOLM, SWEDEN: Bonava AB, a residential developer in Northern Europe, has decided to wind down its operations in Copenhagen and exit the Danish market in...
Citycon Oyj contemplates issuance of EUR 300mn green capital securities
HELSINKI, FINLAND: Citycon Oyj is considering the issuance of euro-denominated green capital securities in an amount of approximately EUR 300 million, a news release said....
Excluding Chinese vendors from Sweden 5G auction criticized
STOCKHOLM: There is a risk that the decision by the Post and Telecommunication Authority (PTS) to exclude Chinese vendors’ products from the 5G auction in...
Michael Berglin is appointed CEO of Serneke Group
STOCKHOLM: The Board of Directors of Serneke Group has appointed Michael Berglin as President and CEO. Michael has had the role of acting CEO since...
Skanska carrying out additional work at Slussen for an additional value of SEK 1.5 billion
STOCKHOLM: Skanska and the Development Office, City of Stockholm, have agreed on a new target cost for remaining and additional work on the reconstruction of...
Skanska to build $81 million Center for Adaptive Innovation and Creativity in Radford
HELSINKI: Skanska AB has signed a contract with Radford University to build the Center for Adaptive Innovation and Creativity (CAIC) in Radford, Virginia, USA. The...