OSLO: AF Gruppen has entered into an agreement with the Student Welfare Organisation in Østfold to build new student housing from solid wood at Remmen in Halden. The agreement covers 213 student housing properties in a 16-storey building. The building will be situated near Østfold University College, Campus Halden. The project will be carried out…
Category: Oslo Bourse
Corporate News, Oslo Bourse, M&A, Investment
NEXT Biometrics receives order for government program in India
OSLO: NEXT Biometrics, a global company in fingerprint sensor technology, has received an order for fingerprint biometric readers in India. The customer has provided 60% upfront payment and the initial shipment of Next UIDAI and STQC certified fingerprint biometric readers will be delivered during Q2 and remaining volume during Q3 2020. Next products will be…
Norwegian Air Shuttle to reopen 76 routes and add 12 aircraft to operations
OSLO, NORWAY: Norwegian Air Shuttle announced that due to customer demand the airline will reopen 76 routes from 1 July, 2020. The network will include both domestic routes and flights to other European countries. The re-opening of flights is the result of recent increased demand from customers and is also in line with other airlines…
Biotec Pharmacon changes name to ArcticZymes Technologies
TROMSØ: Biotec Pharmacon announced it has officially rebranded to ArcticZymes Technologies. As previously announced and decided by the Annual General Meeting, Biotec Pharmacon ASA has formally changed its name to ArcticZymes Technologies ASA. The new name is formally registered with Brønnøysundregistrene and will trade under the new ticker “AZT” over the next days. The company…
Sungas Holding contemplates sale of shares in Avance Gas Holding
OSLO: Arctic Securities AS has been engaged by Sungas Holding Ltd. to explore the sale of up to 3.0 million existing shares in Avance Gas Holding Ltd., representing approximately 4.65 percent of the share capital and voting rights in the Company. The Transaction is to be conducted by way of an accelerated bookbuilding process. The…
2020 Bulkers announces delivery of Bulk Santos and commencement of charter
HAMILTON: 2020 Bulkers Limited announced that it took delivery of the last of the eight 208,000 dwt Newcastlemax newbuildings. Bulk Santos will on June 18, 2020, commence a 35-37 month index-linked time charter with ST Shipping, a 100% owned subsidiary of Glencore. The index-linked charter rate reflects a significant premium to a standard Capesize as…
Norwegian Property acquires Veidekke Eiendom together with partners
OSLO: Norwegian Property, through NPRO Holding AS, buys Veidekke Eiendom together with Fredensborg AS and Union Real Estate Fond III Holding AS. NPRO and Fredensborg will be equal partners with 42.5% each, and Union will own 15% (together the investor group). In total, the Investor Group becomes 100% owners of Veidekke Eiendom AS and Veidekke…
Easybank and BRAbank merge creating a leading digital niche bank with a Nordic footprint
OSLO: Easybank ASA and BRAbank ASA adopted a joint merger plan with the intent to create a leading consumer and SME digital niche bank with a Nordic footprint. The combination is intended to create significant value and benefits for both set of shareholders, from consolidating to one cost base and from generating revenue synergies from…
5th Planet Games hosts investor call about present and upcoming plans and games
COPENHAGEN: 5th Planet Games invites shareholders and other stakeholders to join an investor call on Tuesday 23rd June at 14:00 CEST. The topic of the investor call will be a status of the present and near-future plans and games in the company portfolio. The investor call will be hosted by 5th Planet Games’ CEO Henrik…
Pandion Energy approves the Hod development project
OSLO: The Board of Directors of Pandion Energy has approved sanctioning of the Hod development project. The project was originally scheduled for approval in March but was put on hold due to the outbreak of the COVID-19 pandemic and subsequent collapse in global demand for oil. On Monday 8 June, the Norwegian Government and the…
Aqua Bio Technology forms partnership with Canadian skincare products developer
OSLO: Aqua Bio Technology (ABT) has entered into a strategic partnership with DCP Dermoscience of Canada. The cooperation includes worldwide distribution rights for several DCP skincare products and joint development of new products. DCP Dermoscience is a Quebec based cosmetics company developing and manufacturing natural skincare products. The company has developed and manufactured products for…
Funcom announces new game Metal: Hellsinger
BADHOEVEDORP: Funcom SE has announced “Metal: Hellsinger”, a First Person Shooter (FPS) and one of the “not yet revealed games” mentioned in the 4Q19 presentation 28 February 2020. “This gives the player an incentive to stay on beat, because the experience becomes so intense and so powerful that you want to keep it that way,”…