ESPOO: Nokia announced the appointment of Melissa Schoeb as Chief Corporate Affairs Officer and member of the Group Leadership Team, effective from 12 April 2021. Nokia’s Chief Corporate Affairs Officer oversees Communications, Government Relations, Brand and Sustainability. Melissa has extensive experience in corporate affairs and joins Nokia from Occidental, one of the world’s largest independent oil…
Category: Nasdaq Nordic
Corporate announcement by companies listed on Nasdaq Nordic
Nokia announces plans to cut its cost base to invest in future capabilities
ESPOO: Nokia’s business groups today announce plans to reset their cost bases and invest in R&D and future capabilities including 5G, cloud and digital infrastructure, as well as other areas that will benefit Nokia in the long-term. In October last year the company announced a new operating model designed to better position the company for…
Sitowise Group applies for listing Nasdaq Helsinki
HELSINKI, FINLAND: Sitowise Group Plc has today filed a listing application with Nasdaq Helsinki Ltd to list Sitowise’s shares first on the prelist and then on the official list of Nasdaq Helsinki. Trading in Sitowise’s shares is expected to commence on the prelist of Nasdaq Helsinki on or about 26 March 2021 and on the…
LeoVegas acquires Expekt Nordics for EUR 5.0 million
STOCKHOLM: LeoVegas AB is acquiring Expekt Nordics Ltd and related assets from Betclic Group, a news release said. Expekt is one of the most well-known sports betting brands in Sweden and the Nordic countries. The total purchase price is EUR 5.0 million for all assets. The acquisition strengthens LeoVegas’ brand portfolio with an established position…
Eric Lundberg appointed CEO of Apotek Hjärtat
STOCKHOLM: Eric Lundberg has been appointed as the new CEO of Apotek Hjärtat, a news release said. He served most recently as CEO of Kjell & Company, where he has been since 2018. Prior to this, Eric Lundberg was Director of Marketing for Apoteket AB and also held corresponding positions for companies such as Plantagen…
Olvi Plc acquires Piebalgas Alus, a microbrewery in Latvia
HELSINKI: Olvi plc’s Latvian subsidiary AS Cesu Alus is acquiring the entire stock of Piebalgas Alus, a widely known and appreciated microbrewery in the Vidzeme province of Latvia. The acquisition brings more strength to our product portfolio in premium craft beers and kvass in the retail and HoReCa markets. The Piebalga brewery was established in…
Heijmans and AM join forces in Feyenoord City Rotterdam
AMSTERDAM: Heijmans and project developer AM have joined forces in the Feyenoord City development consortium, which aims to develop and realise homes and commercial and social amenities in Rotterdam South. Homes and commercial real estate: The Heijmans-AM consortium will be working closely with Stigam (Stichting Gebiedsontwikkeling aan de Maas – the foundation set up to…
Alma Media acquires Nettix Oy for EUR 170 million
HELSINKI: Alma Media has signed an agreement to acquire Nettix Oy’s entire share capital from Otava Group for EUR 170 million, strengthening its position in the marketplaces business in Finland. The acquisition strengthens Alma Media’s position in the marketplaces business in Finland, especially in automotive and mobility services. In addition, the acquisition of Nettix Oy…
Citycon Group to issue EUR 300 million green bond
HELSINKI: Citycon Group has announced intention to issue a euro-denominated senior unsecured bond approximately with a maturity of 7 years in an amount of around EUR 300 million. The bond would be offered to institutional investors and would be issued by Citycon Treasury B.V. and guaranteed by Citycon Oyj. Citycon Treasury B.V. would apply for…
Eesti Energia acquires renewable development company in Estonia
TALLINN, ESTONIA: Enefit Green AS, a fully owned subsidiary of Eesti Energia AS, signed an agreement to acquire the shares of an Estonian wind park developer Raunistal. The acquisition consideration payable is confidential according to the agreement between the seller and the buyer. With the acquisition Enefit Green will also acquire and complete the development…
Oasmia acquires global development and commercialization rights for Cantrixil
UPPSALA: Oasmia Pharmaceutical AB has signed an agreement with Kazia Therapeutics, an Australian oncology-focused biotechnology company, to acquire exclusive global development rights for Cantrixil, a product candidate in development intended for the treatment of ovarian cancer. The agreement is the first in a series of planned in-licensing deals and acquisitions to expand Oasmia’s oncology portfolio,…
Solteq Plc acquires Partiture’s professional services business
HELSINKI: Solteq Plc has signed an agreement to acquire Partiture Oy’s professional services business, along with its current employees and customers. The agreement is effective as of March 1, 2021. Partiture Oy is Finland’s leading consulting and project management company in the energy sector. Utilities sector is one of the Solteq’s key drivers for growth…