HELSINKI: Juha Volotinen, Aktia Bank’s Chief Information Officer, has given notice of his resignation from the company. He will leave his duties during March 2021. Volotinen has worked at Aktia since 2010 and has been a member of the Executive Committee since 2017. “During the past years, Juha Volotinen has played a significant role in…
Category: Nasdaq Nordic
Corporate announcement by companies listed on Nasdaq Nordic
Skanska signs $392 million contract to renovate Pennsylvania Station in New York
COPENHAGEN: Skanska has signed a contract with Penn District Station Developer LLC to renovate Pennsylvania Station’s Long Island Rail Road (LIRR) concourse in New York, New York, USA. The contract is worth USD 392M, about SEK 3.2 billion, and will be included in the US order bookings for the fourth quarter of 2020. The contract…
Jyske Realkredit to open 0% bond with maturity in 2043
COPENHAGEN: Jyske Realkredit will issue new covered bonds (særligt dækkede obligationer) from Capital Centre E. The bonds will be DKK-denominated fixed-rate callable bonds with a coupon rate of 0 % and maturity on 1 October 2043. The bonds will be registered with VP SECURITIES A/S and Jyske Realkredit will apply for admission to trading of…
Management changes at BHG Group
HELSINKI: BHG Group AB (publ), the number 1 consumer e-commerce company in the Nordics, announced today that Mikael Hagman has been appointed Group COO and member of the management team of BHG effective 4 January 2021. Mikael Hagman founded Vitvaruexperten.com in 2015 and has continued to successfully develop the business since the company was acquired…
Tecnotree wins a new delivery agreement worth Euro 6 million
HELSINKI: Tecnotree has been awarded a Digital Transformation project by one of the largest telecom operators in the MEA region, a news release said. The value of the project is approx. Euro 6 million over 5 years. As per the award, Tecnotree will deploy its Digital BSS Suite 5 products to help accelerate the operator’s…
Sanoma completes the EUR 465 million acquisition of Santillana Spain
HELSINKI: Sanoma Corp has completed the acquisition of Santillana Spain, a leading Spanish provider of K12 learning materials, from Promotora de Informaciones S.A. (Grupo Prisa). The acquisition was announced on 19 October 2020. Cash and debt free purchase price of the acquired business was EUR 465 million, including approx. EUR 50 million of net debt…
C-RAD receives order for proton cancer treatment centers in the US
HELSINKI: C-RAD AB announced that C-RAD has been selected as the partner to implement surface tracking technology for three proton cancer treatment centers in the US. C-RAD offers a specific version of its Catalyst™ System for use in proton and particle therapy – Catalyst PT. It is based on the patented Catalyst technology and software…
Epic Gas and Lauritzen Kosan agree to combine fleet and businesses
COPENHAGEN: Epic Gas Ltd., a leading LPG shipping solutions company, and Lauritzen Kosan A/S, the gas carrier division of J. Lauritzen, have entered into a transaction agreement to combine their fleet and business activities to create BW Epic Kosan. • Combination creates a world leader in last mile delivery of LPG and other speciality gases…
INVISIO acquires Racal Acoustics, a UK-based supplier of communication and hearing protection solutions
HELSINKI: INVISIO has signed an agreement to acquire all the shares in Racal Acoustics, a UK-based supplier of communication and hearing protection systems for high noise environments, with annual sales of approximately SEK 130 million. Racal Acoustics Ltd, a subsidiary of TransDigm Group Inc. prior to INVISIO’s acquisition, is a world-leading brand with a history…
Columbus A/S to divest its software subsidiary, To-Increase, to Gilde Buy Out Partners
COPENHAGEN: Columbus A/S entered into an agreement to divest its software subsidiary To-Increase to Gilde Buy Out Partners and the management of To-Increase for a price (Enterprise Value) of EUR 113 million. The agreement has been entered into following a binding offer which Columbus received from Gilde Buy Out Partners today. The transaction is subject…
Eltel signs 3-year frame agreement with Telia in Finland worth about EUR 110 million
HELSINKI: Eltel’s Communication business in Finland has signed a three-year continuation of a current frame agreement with Telia regarding fixed and mobile telecom services. The agreement is worth about EUR 110 million. The agreement includes a wide range of telecom services, including 5G rollout, and is a continuation of an existing frame agreement with Telia….
Skanska signs contract to expand airport in Portland, Oregon, USA
HELSINKI, FINLAND: Skanska has signed a contract amendment with the Port of Portland for improvements and expansion to the Portland International Airport in Portland, Oregon, USA, in a joint venture with Hoffman Construction Company. Skanska’s share of the contract is worth USD 80M, about SEK 670M, which will be included in the US order bookings…