Enea AB signs 5G and Wi-Fi contract worth $5.1 million in North America
STOCKHOLM, SWEDEN: Enea AB has signed a three-year agreement for 5G core network applications and Wi-Fi Service management solutions with a North American Tier-1 mobile...
Stora Enso initiates process to divest four paper production sites
HELSINKI, FINLAND: Stora Enso has initiated a sales process for a possible divestment of four paper production sites. In line with Stora Enso’s strategy, paper...
President and CEO Elisa Markula to leave Oriola
ESPOO, FINLAND: Oriola Corporation’s President and CEO Elisa Markula has given notice of her resignation from the company. She will leave her position at Oriola...
Ovzon reschedules launch of the Ovzon 3 satellite until second half of 2022
STOCKHOLM, SWEDEN: Ovzon announced the Ovzon 3 satellite launch will be delayed and is planned to be launched in the second half of 2022. The...
Airobot shares commence trading on Nasdaq Baltic
VILNIUS, LITHUANIA: Nasdaq (NDAQ) announces that the Airobot shares, an Estonian air technology company, have been admitted to trading on Nasdaq Baltic First North Market...
Sinch AB implements new operating model, changes to management team
STOCKHOLM, SWEDEN: Sinch AB (publ), a global leader in cloud communications and mobile customer engagement, today announced changes to its organization and management team. The...
Etteplan acquires Syncore Technologies to strengthen position in Sweden
ESPOO, FINLAND: Etteplan Oyj has acquired Syncore Technologies AB, a technology services company focusing on embedded systems. This will strengthens Etteplan´s embedded systems project business...
DORE acquires operational 46 MW onshore wind project in Sweden
LONDON, UK: Downing Renewables & Infrastructure Trust plc (DORE) has completed the acquisition of an operational 46 MW onshore wind project located in north east...
Juho Jalkanen appointed Chief Operating Officer of Faron Pharmaceuticals
TURKU, FINLAND: Faron Pharmaceuticals Ltd announced the appointment of Juho Jalkanen, M.D., Ph.D., as Chief Operating Officer of the Company. Dr. Jalkanen will continue to...
Elektroimportøren Holding to acquire Elbutik.se for upto SEK 292.5 million
OSLO, NORWAY: Elektroimportøren Holding AS has signed a Share Purchase Agreement (SPA) to acquire 100% of the shares of Elbutik Scandinavia AB and its sister companies (Elbutik.se)...
Ignitis grupė to form subsidiary in Latvia
LONDON, UK: Management Board of AB Ignitis grupė has approved the decision to establish a new subsidiary of UAB “Ignitis renewables” in Latvia. Latvia is...
IPC explores diverse sources of funding with a $300mn bond issue
STOCKHOLM, SWEDEN: International Petroleum Corporation (IPC) has raised $300 million through a bond issue, as the Lundin Group’s company explores diverse sources of funding to...