TRONDHEIM: NORBIT´s On-Board Units (OBUs) has been approved for use on Italian motorways. DKV will deliver the NORBIT OBUs under the brand DKV BOX ITALIA. The mobility service provider DKV has announced that the company will be the first foreign certified provider of toll settlement systems in Italy. After a successful pilot phase, the Italian…
Category: Oslo Bourse
Corporate News, Oslo Bourse, M&A, Investment
Atea Sweden wins SEK 300 million per year frame agreement within software and related service
OSLO: Atea Sweden AB has won a large new frame agreement with a public sector customer, a news release said. The frame agreement covers software and related services. Deliveries under the frame agreement will start in Q2 2021. The frame agreement has a two-year term, with an option for an additional two years. The total…
Gaming Innovation Group to power the Playstar launch in the US market
OSLO: Gaming Innovation Group (GiG) has signed a long-term agreement with PlayStar NJ LLC for the provision of GiG’s iGaming platform technologies to power the brand’s launch in the US market. PlayStar Casino will use GiG to power its new casino offering to enter the limited license New Jersey market, having recently partnered with Oceans…
DNO ASA notifies oil and gas discovery in Norwegian North Sea
OSLO: DNO ASA, the Norwegian oil and gas operator, confirmed an oil and gas discovery on the Røver Nord prospect in the Norwegian North Sea license PL923 in which the Company holds a 20 percent interest. Preliminary estimates of gross recoverable resources are in the range of 45-70 million barrels of oil equivalent (mmboe), well…
OKEA posts net profit of NOK 182 million in 4Q2020
OSLO, NORWAY: OKEA ASA delivered net profit of NOK 182 million in the fourth quarter 2020. OKEA operating income for the fourth quarter amounted to NOK 584 million, EBITDA was NOK 229 million, and net profit after tax amounted to NOK 182 million. Earnings per share amounted to NOK 1.78. The solid results for the…
Moody’s upgrades Aker BP to Baa3 with stable outlook
OSLO: Aker BP announced that Moody’s Investor Service today has upgraded its long-term issuer rating of Aker BP from Ba1 to Baa3 with stable outlook. With this assignment, Aker BP is now investment grade rated by S&P Global Ratings, Fitch Ratings and Moody’s Investor Service, all with stable outlook. Aker BP is a fully-fledged E&P…
TECO 2030 signs pact with Thecla Bodewes Shipyards for zero emission vessels
LYSAKER: TECO 2030 ASA announced a partnership with Thecla Bodewes Shipyards in Holland to develop zero emission hydrogen-based fuel cell propulsion on all types of river going vessels, such as push tugs, dredgers, passenger and cargo ships and low-profile coasters. TECO 2030 ASA has signed a Strategic Cooperation Agreement with the Dutch Thecla Bodewes Shipyard…
Henrik Golfetto Høye becomes new CEO of Protector Forsikring ASA
OSLO: The Board of Protector Forsikring ASA announced that Mr Henrik Golfetto Høye will succeed Mr Sverre Bjerkeli as CEO of the company when Mr Bjerkeli, in accordance with his contract, retires. Henrik, aged 38 holds a Bachelor in Economics from the United States, and has been on the Protector team since 2007. Most recently…
Vow ASA awarded 5.7 million euro cruise ship contract with European shipbuilder
OSLO, NORWAY: Vow ASA has through its subsidiary Scanship been awarded a 5.7-million-euro contract with a major European shipyard for the delivery of two advanced wastewater purification systems. The Scanship systems will be installed on two cruise ships to enter service in 2024 and 2026. The vessels will be operated under European brand and in…
VOPY selects Zwipe Pay ONE platform for its biometric payment cards
STOCKHOLM: Zwipe AS announced that its biometric payment platform, Zwipe Pay ONE, has been selected by Swedish fintech Vopy. Vopy, a provider of embedded financial services for telecom and financial institutions, is headquartered in Stockholm and has its R&D in Oslo. As a commercial issuer, Vopy will issue biometric payment cards powered by Zwipe Pay…
Huddlestock Fintech signs first asset manager to the Apex Platform
OSLO: Pecunia GmbH is the first asset manager to join the Apex Platform for asset management and distribution, after it went live in partnership with BNP Paribas in Germany late last month. Pecunia, established in 2012, won the Citywire Deutschland Award in 2020 for best fund manager and has more than 200 mill EUR (+2…
Veidekke wins SEK 382 million contract in Hagastaden, Stockholm
OSLO: Veidekke ASA has received new assignments from Nordr Eiendom in the construction of the Haga Boulevard and Haga Venue residential area in Hagastaden, Stockholm. The design and build contract has a total value of approximately SEK 382 million. The new area will comprise a total of 243 apartments, and the first buyers are scheduled…