OSLO: Songa Container has announced the appointment of James Buck as its Chief Executive Officer, effective as of 1 September 2020. Buck brings with him 20 years’ experience in the container sector, a career spanning from Europe to Asia. Initially entering the market on the liner side with Maersk, he went on to hold senior…
Category: Oslo Bourse
Corporate News, Oslo Bourse, M&A, Investment
Cloudberry Clean Energy to purchase hydropower plant in Norway
OSLO: Cloudberry Clean Energy AS has signed a Share Purchase Agreement (SPA) to purchase 100% of Åmotsfoss Kraft AS, a hydropower plant currently being constructed in Nissedal municipality in Norway, a news release said. It is expected an annual production of 22.5 GWh. Financial closing is scheduled for end-August 2021. Cloudberry is a Nordic renewable…
Cloudberry Clean Energy offers to acquire offshore wind project in Sweden
OSLO: Cloudberry Clean Energy AS has offered to acquire 100% of the shares in Scanvind2 AS, a company that develops the offshore wind power project “Rewind Vänern”. The project is in shallow water on the largest lake in Sweden in the vicinity of Cloudberry’s Karlstad office. The current development plan includes 16-17 turbines with an…
PCI Biotech forms research collaboration with DCprime
OSLO: PCI Biotech has announced an extensive research collaboration. Within the collaboration, DCprime and PCI Biotech will combine their know-how and technology platforms to pursue the development of novel cancer vaccination concepts based on tumour-independent antigens (TIAs). PCI Biotech is a biopharmaceutical late stage clinical development company focusing on development and commercialisation of novel therapies …
Veidekke sells property development operation for NOK 7.1 billion
OSLO: Veidekke ASA today completed the sale of its property development operation to the consortium comprising Fredensborg AS, Fredensborg Bolig AS, Norwegian Property ASA and Union Real Estate Fund III Holding AS, a news release said. In line with the agreement entered into on 16 June 2020, Veidekke has received a consideration of NOK 7.1…
Mutares places EUR 20 million tap issue of its existing bonds issued in February
MUNICH: Mutares SE & Co. has decided to increase its EUR 50 million bonds issued in February 2020 with 4-year maturity through an optional tap issue by an amount of EUR 20 million. The amount of the Tap Issue has been successfully placed with institutional investors. The Tap Issue shall become effective if the proposed…
Asetek receives order for new HPC installation
AALBORG, DENMARK: Asetek A.S announced a new order from a current HPC OEM partner for a new, high-density cluster, for an undisclosed end customer. The order value is approximately USD 350,000 depending on final configuration, with delivery expected to be completed in Q4 2020. Annual group revenue guidance remains unchanged. Asetek, the creator of the…
Induct signs strategic partnership with ICREA to increase user growth worldwide
OSLO: Induct A.S, the leading innovation and project management platform, and ICREA, a leading advisory firm from Dubai, have entered into a partnership to expand Induct’s market penetration and global presence in USA, Europe, Africa, Indian Subcontinent, GCC, and CIS countries. Through this strategic partnership, Induct and ICREA provide a platform that has been engineered…
Hexagon Purus enters Northeast Asian market for hydrogen-powered passenger cars
OSLO: A key automotive leader for Fuel Cell Vehicles (FCEVs) in Northeast Asia has nominated Hexagon Purus, a subsidiary of Hexagon Composites, for the serial supply of composite cylinders for their current zero-emission Fuel Cell Electric SUV. Hexagon Purus’ cylinders will be installed in the vehicle model starting by 2022. The scope of the nomination…
Zwipe and Wisecard join hands to drive mass market adoption of biometric payments cards
OSLO: Zwipe and Wisecardhave partnered to support the industrialization of biometric payments solutions. Headquartered in Shenzhen, China, Wisecard Technology Ltd. specializes in personalization software development, primarily focusing on the smart card payment industry. As a leading provider of EMV personalization services, the company will support the co-development of personalization offerings for the Zwipe Pay family…
Zwipe and Smart Technology Services ramp up collaboration to industrialize Zwipe Pay ONE
OSLO: Biometric fintech company Zwipe and Smart Technology Services (STS) have expanded their previously announced partnership to support the industrialization of dual interface biometric payment cards using Zwipe Pay ONE platform. Headquartered in France, STS is a leading player in the development of industrial manufacturing equipment specifically for the production and personalization of smart cards….
Adventures of Tintin mobile game is ready to launch globally on Google Play
COPENHAGEN: 5th Planet Games announce that the “Adventures of Tintin” Match 3-style mobile game is ready to launch globally on Google Play as an Open Beta. The Google Play Open Beta launch begins today with the game will available in the Google Play Store under the “Early Access” section. The game will be available in…