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Year: 2021

Arrival begins proving ground trials of its electric Bus

Arrival has started proving ground trials on schedule in Q4 2021  The vehicles are going through extensive testing, ahead of certification and public roads trials next year as plannedLONDON, Dec. 28, 2021 (GLOBE NEWSWIRE) — Arrival (NASDAQ: ARVL), pioneer of a unique new method of design and production of affordable electric vehicles (EVs) by local Microfactories, today announced it has started trials of the Arrival Bus at a testing facility in the UK. The vehicles will be going through rigorous validation and testing ahead of certification. The Arrival Bus is creating a new and improved public transportation experience for all users – from the drivers and passengers to the engineers, cleaners, and fleet owners – and reducing costs for operators, making the transition to electric vehicles more economically viable. The vehicle...

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BOS’ Supply Chain Division Receives Following-on Orders from the United Arab Emirates

RISHON LEZION, Israel, Dec. 28, 2021 (GLOBE NEWSWIRE) — BOS Better Online Solutions Ltd. (“BOS” or the “Company”) (NASDAQ: BOSC), announced today that its Supply Chain Division has received additional orders for electronic components from a United Arab Emirates customer. The orders, in the total amount of $150,000, are for delivery through the year 2022. These orders follow the initial order of $180,000 received from this customer, which we announced at the beginning of the year. Avidan Zelicovski, BOS’ President, stated: “I am very pleased with the progress we have been making in the United Arab Emirates’ market. It is a new territory for us and has potential to grow our business.”About BOS: BOS provides services and systems for inventory production and management in three channels: · Services – The Supply Chain division provides...

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QPR Software Will Initiate Co-Operation Negotiations to Renew Company’s Organizational Structure

QPR SOFTWARE PLC, INSIDE INFORMATION, DECEMBER 28, 2021 AT 10:00 AM QPR Software and its subsidiary QPR Services will initiate co-operation negotiations in accordance with the Co-operation Act regarding an organizational change. The aim is to change the company’s organizational structure to enable an effective execution of investments aimed at company’s growth and scalability of operations. The negotiations concern all personnel in Finland. Negotiations may lead to redundancies of up to 9 positions and reorganization of work duties, as well as to formation of up to 9 new positions. Company estimates that possible one-time costs related to restructuring are max. 100.000€. One-time costs will be recorded in quarter one financial results. Negotiations will begin on January 3, 2022 and the duration of negotiations is 14 days....

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Nexstim Receives an NBS System Upgrade Order from a Customer in the United States

Press release, Helsinki, 28 December 2021 at 10 AM (EET) Nexstim Receives an NBS System Upgrade Order from a Customer in the United States Nexstim Plc (NXTMH:HEX, NXTMS:STO) (“Nexstim” or “Company”) has received an NBS 5+ system order from a customer in the United States. Mikko Karvinen, CEO of Nexstim, comments: “Happy to announce this system sale to one of our existing customers. Our navigated TMS technology is a clear competitive advantage for us and a unique tool for our customers to use. Nexstim’s NBS 5+ system enables precise pre-operative mapping of the anatomic relationship of the surgical targets and essential functions in the brain as well as use in treating major depressive disorder. This new combined option aims to increase multi-departmental utilization of systems and facilitate innovation that may...

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ANH grants extension of LLA47 exploration period

28 December 2021 | Interoil Exploration and Production ASA (Interoil) is pleased to announce that the national E&P authority Agencia Nacional de Hidrocarburos (ANH) in Colombia has granted an extension of 336 days for the LLA47 exploration license. The extension has been issued pursuant to the provisions of Agreement No. 005/2021 of the ANH dated July 14, 2021 and applicable provisions of the E&P Contract entered into between Interoil and the ANH and is based upon events that affected activities in the block. The new expiration date of the exploration period for LLA-47 is 9 January 2023. The ANH has also indicated that upon the production of additional evidence by Interoil with respect to road blockages after July 2021, an additional extension could also be granted for such events. The extension requested by the Company for the...

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On substantial participation (4) – specified

On December 27th, 2021 JSC Olainfarm has received specified announcement on substantial participation from AS AB CITY.  The received announcement (in Latvian) is attached.Additional information:  Jānis LeimanisJSC Olainfarm Member of the Management BoardTel. +371 29269424E-pasts: janis.leimanis@olainfarm.comAttachmentVeidlapa_lidzdaliba_AB CITY_Olainfarm_prec_27.12.2021.

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State Investment Management Agency grants funding to Utenos Trikotažas

SBA Group company Utenos Trikotažas and the State Investment Management Agency (VIVA), which manages the Business Assistance Fund, have signed a financing agreement worth EUR 2.8 million. The fund will purchase the company’s bonds for EUR 2.3 million and will provide another EUR 500 thousand in the form of a loan. The financing is for a period of 6 years. “Recently, we have experienced positive changes in the textile export markets – contract manufacturing is growing, and Utenos Trikotažas is working at full capacity. However, like most industrial sectors we are challenged by the effect of the cost of raw materials, labour and energy costs on our performance. The ongoing global pandemic inevitably has its effects too. The agreement with VIVA will help ensure the sustainable development and expansion of the company,” says Petras Jašinskas,...

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PRESS RELEASE: A major Governmental Entity in Europe chooses PrivX® from SSH

PRESS RELEASE: A major Governmental Entity in Europe chooses PrivX®from SSH Helsinki, Finland  SSH announced today that a major Governmental Entity in Europe, following an in-depth trial program, has selected PrivX® as their Privileged Access Management Solution. The customer is a new win for SSH. The annual deal value is EUR 0.9 million in subscription-based PrivX solution licenses for a large and highly connected systems environment. “I am extremely pleased that we won this deal with this significant Governmental Entity. This win highlights the strength of SSH PrivX and our novel approach to Privileged Access Management” said Dr. Teemu Tunkelo, CEO of SSH. “PrivX has already proven to be a very competitive and capable product in financial, manufacturing, and software-as-service markets. Now we are further strengthening our presence among...

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Clariant to purchase BASF’s U.S. Attapulgite business assets

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR  Acquisition of BASF’s U.S. Attapulgite business assets for USD 60 million in cash Strengthens Clariant’s technology leading position in the purification of edible oils and renewable fuels BASF’s Attapulgite business assets to extend North American footprint In line with Clariant’s bolt-on acquisition strategy and sustainability focus MUTTENZ, DECEMBER 28, 2021 Clariant, a focused, sustainable and innovative specialty chemical company, today announces that it has signed definitive agreements to acquire BASF’s U.S. Attapulgite business assets for USD 60 million in cash, including the signing of a long-term supply agreement for attapulgite-based products to BASF. The acquisition is subject to customary closing conditions and is expected to close in summer 2022. BASF’s Attapulgite business...

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Elis: Closing of the acquisition of Blesk InCare’s Textile activity in Russia

    Closing of the acquisition of Blesk InCare’s Textile activity in Russia Saint-Cloud, December 28, 2021 – Elis, an international multi-service provider, offering textile, hygiene, and facility services solutions, which is present in Europe and Latin America, today announces the closing of the acquisition of 100% of Blesk InCare’s Textile activity (the signing of an agreement was announced on October 7, 2021). Elis has been present in Russia since 2017 through the acquisition of Berendsen. After the acquisition of Blesk InCare’s Mats activity in 2019, the Group continues its development strategy to take over the Flat Linen and Workwear business of the Russian group. 2021 revenue is expected at 700m Russian rubles (c. €8 million), with Flat Linen and Workwear contributing c. 60% and 40% respectively. Activity was especially resilient...

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