Enento Group’s CEO Jukka Ruuska leaves the company
COPENHAGEN: Enento Group Plc’s CEO Jukka Ruuska has given notice of his resignation from the company. The Group’s Board of Directors will start the recruiting...
Stora Enso to permanently close pulp and paper production at Kvarnsveden and Veitsiluoto mills
HELSINKI: Stora Enso will start co-determination negotiations with employees at its Kvarnsveden Mill in Sweden and Veitsiluoto Mill in Finland regarding a plan to permanently...
SEK 3.9bn divestment of Grand Group and the Grand Hôtel property
STOCKHOLM: Investor AB’s Patricia Industries and its subsidiary Vectura, have agreed to divest Grand Group and the Grand Hôtel property, respectively, to FAM AB. The...
Perry Ha appointed CEO of Anoto Group AB
STOCKHOLM: The Board of Directors of Anoto Group AB has appointed Perry Ha as new CEO for the company. Perry Ha, who previously has served...
Valoe and Sono Motors sign EUR 2.2 million co-operation agreement
MIKKELI: Valoe Corporation and Sono Motors GmbH have signed about EUR 2.2 million co-operation agreement related to engineering and concept validation project for utilising solar...
Ørsted acquires Ireland and UK onshore wind power platform from Brookfield Renewable
COPENHAGEN: Ørsted A/S has entered into an agreement with Brookfield Renewable to acquire 100% equity interest in its existing Ireland and UK onshore wind business,...
Bayn Group raises SEK 502 million through a directed issue of 20.5 million shares
STOCKHOLM: Bayn Group AB has successfully carried out a directed new issue of 20.5 million shares, at a subscription price of SEK 24.50 per share,...
Fitch upgrades Reykjavík Energy’s Credit Rating to investment grade
STOCKHOLM: Fitch Ratings has raised Orkuveita Reykjavikur’s (RE) Long-Term Issuer Default Rating (IDR) from BB+ to investment grade ‘BBB-‘ with a Stable Outlook. The upgrade...
AQ Group acquires Schaffner’s Power Magnetic Division for CHF 22.4 million
STOCKHOLM: AQ Group AB has signed an agreement with the Swiss company Schaffner Group to acquire its Power Magnetics Division, a news release said. The...
Starbreeze enters licensing agreement with PopReach for PAYDAY Crime War
STOCKHOLM: Starbreeze has signed a licensing agreement with PopReach Corporation for the re-launch of mobile title PAYDAY Crime War. Under the terms of the agreement,...
HEXPOL acquires Unica, a Spanish company in rubber compounds
STOCKHOLM: HEXPOL has signed an agreement to acquire 100% of Unión de Industrias C.A., S.A. (Unica) from Espiga Capital, a Spanish based Private Equity firm....
Lars Kufall Beck appointed new CFO of Topdanmark
COPENHAGEN: Topdanmark’s CFO Lars Thykier has decided to retire, and he will be replaced by Lars Kufall Beck. Lars Kufall Beck is 46 years old,...