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Month: May 2020

Raute delivers modern veneer drying and lay-up technology to China

RAUTE CORPORATION PRESS RELEASE 14 MAY 2020 at 9:30 a.m.RAUTE DELIVERS MODERN VENEER DRYING AND LAY-UP TECHNOLOGY TO CHINARaute has signed a contract with Guoxu-Springwood Wood Panel Company in Guangxi province in South China for delivering a modern veneer dryer and automated lay-up lines, including Raute Mecano analyzers for quality control and modern moisture control. Despite the contract’s moderate size it has a high reference value for Raute as it is the first order of such modern technology to China.The ordered machinery and equipment will be delivered by the end of 2020. The equipment will be engineered and produced mainly in Raute’s production unit in Shanghai, China. Some engineering will be done in Raute’s units in Vancouver, Canada and Nastola, Finland. The grading technology, vision and moisture, will be delivered from...

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L’IGN a choisi cegedim.cloud pour l’hébergement d’une partie de son SI et l’infogérance de certaines de ses applications

cegedim.cloud, spécialiste de l’hébergement en « Cloud privatif », a remporté le marché public de l’Institut National de l’Information Géographique et Forestière (IGN) portant sur l’hébergement cloud et l’infogérance de certaines de ses applications.Producteur et diffuseur de référentiels de données géographiques et forestières, l’IGN a pour vocation de décrire la surface du territoire national, ainsi que d’élaborer et de mettre à jour l’inventaire permanent des ressources forestières nationales.Dans le cadre de son marché d’hébergement cloud et infogérance, l’IGN a choisi l’expertise de cegedim.cloudpour :Le déploiement d’environnements Cloud Hybride dédié/public permettant l’approvisionnement et la gestion des ressources par interface graphique et API ;Le maintien en condition opérationnelle des plateformes ;Des services...

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Eramet: Agreement signed with Tronox for the sale of TiZir’s ilmenite transformation plant in Norway

Paris, 14 May 2020, 8:30 amPRESS RELEASEEramet: Agreement signed with Tronox for the sale of TiZir’s ilmenite transformation plant in NorwaySale of TiZir’s Norwegian plant for approximately USD300m, corresponding to the full value of the assetContinued development of mining operations in Senegal by Eramet, with a high value creation potentialStrengthening Eramet’s balance sheet with a significant debt reductionTransaction submitted to the satisfaction of certain conditions, including regulatory approvalsEramet announces the signature of a binding agreement for the sale of 100% of the shares of TTI (TiZir Titanium & Iron AS, “TTI”), TiZir’s Norwegian plant, to the Tronox Holdings plc (the “Transaction”). The sale to Tronox, a leading vertically integrated producer of pigment and titanium dioxide, is a...

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Eramet : Signature d’un accord avec Tronox pour la cession de l’usine de transformation d’ilménite de TiZir en Norvège

Paris, le 14 mai 2020, 8h30COMMUNIQUE DE PRESSEEramet : Signature d’un accord avec Tronox pour la cession de l’usine de transformation d’ilménite de TiZir en NorvègeCession de l’usine norvégienne de TiZir pour environ 300 MUSD, correspondant à la pleine valorisation de l’actifPoursuite du développement de l’exploitation de la mine au Sénégal par Eramet, avec un fort potentiel de création de valeurRenforcement du bilan du Groupe avec une réduction significative de la detteOpération soumise à la levée de certaines conditions, dont l’obtention d’autorisations règlementairesEramet annonce la signature d’un accord de cession de 100 % des actions de TTI (TiZir Titanium & Iron AS, “TTI”), l’usine norvégienne de TiZir, à Tronox Holdings plc (l'”Opération”). La cession à Tronox, un des principaux...

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Alm. Brand A/S – Interim Report Q1 2020

14 May 2020Announcement no. 24/2020Interim report Q1 2020Alm. Brand posted a pre-tax profit of DKK 33 million in Q1 2020. The consolidated profit was impacted by the special situation triggered by Covid-19, which resulted in a negative return on the group’s portfolio of investment assets of about DKK 125 million. Against this background, the Q1 performance is considered satisfactory.The implementation of the changes announced in connection with the release of the 2019 financial statements is progressing as planned, and the ambitious financial targets for growth and profitability defined for the period until 2022 are maintained.CEO Rasmus Werner Nielsen:“Our operating profit for the first quarter was satisfactory and in line with the latest guidance. Even in the face of the special situation triggered by Covid-19, our business model has...

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Alm. Brand A/S – Delårsrapport for 1. kvartal 2020

14. maj 2020Selskabsmeddelelse nr. 24/2020Delårsrapport for 1. kvartal 2020Alm. Brands resultat for første kvartal blev et overskud på 33 mio.kr. før skat. Koncernens samlede resultat er påvirket af den særlige situation afledt af Covid-19, hvilket har medført et negativt afkast af koncernens portefølje af investeringsaktiver i niveauet 125 mio.kr. Resultatet vurderes på den baggrund at være tilfredsstillende.Implementeringen af de udmeldte forandringer i forbindelse med offentliggørelsen af årsregnskabet forløber planmæssigt og de ambitiøse finansielle målsætninger for vækst og lønsomhed frem mod 2022 fastholdes.Adm. direktør Rasmus Werner Nielsen udtaler:”Resultatet af driften i første kvartal er tilfredsstillende og på linje med de senest udmeldte forventninger. Vores forretningsmodel har selv i den særlige situation som følge af Covid-19...

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The state will not order additional voyages with an additional passenger ferry for the summer of 2020

Estonian Road Administration informed OÜ TS Laevad (hereafter “TS Laevad”), the subsidiary of AS Tallinna Sadam, of its decision not to order additional voyages with an additional passenger ferry for the summer peak period of 2020, as no major events take place in Saaremaa and Hiiumaa due to the COVID-19 pandemic preventive measures and Road Administration expects a reduced amount of passengers on the ferry lines compared to the summer periods of previous years.In 2019, Road Administration ordered 536 additional voyages in Virtsu-Kuivastu line for which TS Laevad got a fixed fee in the amount of EUR 1.56 million, to which was added a travel fee of EUR 350 for each trip. In order to make the additional voyages in 2019, TS Laevad chartered an additional passenger ferry „Mercandia VII“ and temporarily increased the number of crew members.TS...

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2020. a suveks riik täiendava reisiparvlaevaga lisareise ei telli

Maanteeamet teavitas ASi Tallinna Sadam tütarettevõtet OÜ TS Laevad (edaspidi: „TS Laevad“) oma otsusest 2020. aasta suviseks kõrgperioodiks täiendava reisiparvlaevaga lisareise mitte tellida, kuna seoses COVID-19 leviku tõkestamiseks rakendatavate piirangutega ei toimu Saaremaal ja Hiiumaal tavapäraseid suurüritusi ning Maanteeamet eeldab reisijate liikumise vähenemist mandri ja suursaarte vahel võrreldes eelmiste aastate suveperioodidega.2019. aastal tellis Maanteeamet Virtsu-Kuivastu liinil 536 lisareisi, mille eest TS Laevad teenis fikseeritud tasu 1,56 mln eurot, millele lisandus reisitasu 350 eurot iga reisi kohta. 2019. aasta lisareiside teostamiseks rentis TS Laevad täiendava reisiparvlaeva „Mercandia VII“ ning suurendas ajutiselt laevapereliikmete arvu.TS Laevad teenindab Virtsu-Kuivastu liini parvlaevadega Tõll ja Piret ja Rohuküla-Heltermaa...

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Synergy Capital Asset Management: Stock Market keeps soaring but Oil price keeps dropping

Stock market all over the world is starting to recover as governments observe reopening of their economies after being hit by the coronavirus pandemic. However, crude is still dropping slowly because of low demand and over supply globally. – The Dow Jones Industrial Average futures are up 300 points, or 1.25%– S&P 500 futures rose 1.12%– Nasdaq Composite futures moved 1.17% higher– The MSCI Asia Pacific Index climbed 0.7%.– The Stoxx Europe 600 Index gained 1.6%. Gold under commodities weakened by 0.3% to $1,709 per ounce, while, Iron ore dipped 0.8% to $80.70 per metric ton.Crude keeps on dumping, this is still due to lock down and quarantine impose by governments all over the world which mean that people are staying at home to avoid the pandemic cause by the coronavirus. With this there is low demand...

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LFG EUROPE ADVISED BY LFG CAPITAL PARTNERS TO TAKE OVER STRATSONE A FAST-GROWING EDTECH COMPANY

The purchase of STRATSONE was advised by LFG Capital Partners an investment company in order to serve the needs of the education industry and its customers worldwide. The takeover decision was triggered by the economic effects of COVID-19 and its impact on the education industry as the pandemic has highlighted an increased market demand for education technology solutions in schools and a necessary shift to a more technology-centred teaching approach. Peter Rajapaksa Richards, Managing Partner of LFG Europe said: “The integration of EdTech has a great potential to improve learning for students and allow them to gain 21st century skills. We truly believe that STRATSONE’S strategy is in line with the forthcoming market demands and will support the integration of cutting-edge technology in the classrooms” The stock purchase of the EdTech company...

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