Month: March 2022

Kalle Sulkanen is appointed Martela’s Vice President, Operations and member of the Management Team. He will report to Ville Taipale, CEO of Martela. Sulkanen will start in his position in May 1, 2022. Sulkanen has more than twenty years of experience in supply chain management and leadership positions in international listed companies in several different business areas. He has worked e.g. at Nokia, YIT and Peab. ”Being the forerunner of the best and most flexible user centric working environments, we invest in the continuous improvement of customer experience and development of services, taking into account the requirements of corporate responsibility and sustainability aspects. Operational excellence has a significant role to play in achieving these goals. Kalle’s solid expertise in supply chain management and development strengthens...

Ad hoc announcement pursuant to section 53 of the Swiss stock Despite the very challenging market environment, Feintool closed the 2021 financial year with strong sales growth and an EBIT margin of about six percent. Sales for the full year rose by 19.5 % to CHF 588.1 million; EBIT reached CHF 33.9 million. With the acquisition of Kienle + Spiess GmbH, Feintool has set an important course for the future. Green light for the acquisition of Kienle + Spiess GmbHThe antitrust authorities have given their approval for the purchase of Kienle + Spiess GmbH by the Feintool Group. The closing of the purchase agreement signed on December 6, 2021 took effect at midnight on February 28, 2022. With the acquisition of the European Kienle + Spiess, Feintool is decisively strengthening its market position in the field of electrification as next-generation...

The Supervisory Board of AS LHV Group approved the 2021 audited annual report and will submit it to the Annual General Meeting (AGM) for approval. Compared to the unaudited interim report published on 8 February, there are no differences in the audited financial results. The 2021 consolidated annual report of AS LHV Group is attached to this notice and will be made available on the LHV investor page at https://investor.lhv.ee/en/reports/#annual-reports. In 2021, AS LHV Group generated net income of EUR 140.4 million (+36%), while total expenses amounted to EUR 65.2 million (+48%), and loan provisions amounted to EUR 3.9 million (-64%). For the year as a whole, the Group’s consolidated net profit amounted to EUR 60.3 million (+51%), of which EUR 58.3 million (+54%) were attributable to Group’s shareholders. The return on equity attributable...

WISeKey’s WISe.ART NFT Marketplace Adds New Collection of NFTs by Spanish Artist Pedro Sandoval WISe.ART is working on cross-blockchain support, enabling a truly open data economy with the support of Ethereum, Polygon and CasperLabs and gradually add new chains so to ensure interoperability and scalability as part of WISeKey’s overall strategy to act as a leading platform of the Web3.0 revolution. WISe.Art platform has developed into a fully-fledged marketplace with its own digital currency, enabling artists, curators, collectors, and multipliers, to onboard white-labeling options and/or custom-made NFT digital designs, physical art and collectibles. Geneva, Madrid – March 1, 2022 – WISeKey Holding Ltd (“WISeKey”, NASDAQ: WKEY, SIX: WIHN), a leading cybersecurity and IoT company, announced today that following the successful sale of one...

Saint Herblain (France), March 1, 2022 – Valneva SE (Nasdaq: VALN; Euronext Paris: VLA), a specialty vaccine company, today announced that the National Health Regulatory Authority (NHRA) of the Kingdom of Bahrain has granted emergency use authorization for Valneva’s inactivated, adjuvanted COVID-19 vaccine, VLA2001. This authorization follows a rolling review process with the Bahraini NHRA and reflects the NHRA’s initiative to support the authorization of COVID-19 vaccines. Thomas Lingelbach, Chief Executive Officer of Valneva, commented, “We are extremely pleased with this first authorization and would like to thank the Kingdom of Bahrain for their trust and confidence. We are looking forward to addressing the evolution of the pandemic in the Middle East and starting to deliver our first vaccines in the region. As the only dual-adjuvanted,...

The partnership will focus on the new CBD wellness market in Israel Israeli Minister of Health announced yesterday that CBD will be removed from the Dangerous Drugs Act Altman Health is the market leader in health and wellness with distribution across the country NEW YORK and TORONTO and HERZLIYA, Israel, March 01, 2022 (GLOBE NEWSWIRE) — InterCure Ltd. (NASDAQ: INCR) (TSX: INCR.U) (TASE: INCR) (dba Canndoc) (“InterCure” or the “Company”) today announced it has signed a definitive agreement (the “Agreement“) with Altman Health LP (“Altman Health”), the market leader with an unmatched shelf space of OTC and nutritional supplements in over 1700 points of sale, including all major pharmacies across Israel. The newly formed company will focus on the new Israeli CBD product market, following the Israeli Minister...

London, March 1, 2022 CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) announced today that the Board of Directors has approved a share buyback program (the “Program”). The Program will involve the intermittent repurchase of up to 100 million euros’ worth of the Company’s common shares between now and October 14, 2022. Funded by the Company’s liquidity, the Program is intended to optimize the capital structure of the Company and to meet the obligations arising from the Company’s equity incentive plans. The Program will be conducted within the framework of the authorization granted by the Shareholders’ Meeting held on April 15, 2021, whereby the Board is vested with the authority to purchase up to 10% of the Company’s issued common shares during the eighteen-month period following such Shareholders’ Meeting. The purchases will be carried out...

 Trondheim, 1 March 2022: NORBIT is in exclusive negotiations regarding an add-on acquisition of an undisclosed international maritime technology company. The acquisition will broaden the product offering in the Oceans segment. NORBIT has signed a term sheet to this effect. “With the target company having developed a proprietary sonar technology, complementary to NORBIT’s current portfolio, this acquisition supports our strategy to broaden product offering in the Oceans domain by capitalizing on our global sales and distribution platform”, says Per Jørgen Weisethaunet, CEO of NORBIT. A preliminary transaction price has been agreed, valuing the target company on a cash and debt-free basis of USD 3.6 million. If completed, the acquisition is expected to be financed 65 per cent by cash through NORBIT’s available credit lines and 35 per cent...

According to the data of AUGA group, AB and its subsidiaries (hereinafter – the Group), total sales amounted to EUR 71.78 million during the 12-month period of 2021, while in the previous year total sales had amounted to EUR 83,07 million. The Group’s gross profit in 2021 amounted to EUR 3.92 million, a net loss of EUR 14.03 million, while EBITDA – EUR 9.06 million. Changing climate conditions and heatwaves during the season led to production challenges in 2021. This mainly affected the overall annual results and resulted in a loss, as it had already been reflected in the 9-month period report. Provisions for receivables were formed in the fourth quarter, losses also increased due to additional write-offs of inventories. In 2021, the overall results were mainly influenced by the relatively low yield in the crop segment due to heatwaves...

Marks the first commercial implementation of Verizon Business’ On Site 5G private network solution in the U.S. BARCELONA, Spain and NEW YORK, March 01, 2022 (GLOBE NEWSWIRE) — Verizon Business and BlackRock announced today that BlackRock’s new global headquarters at 50 Hudson Yards in New York will feature a private 5G network from Verizon. The deal brings secure 5G Ultra Wideband connectivity to areas of BlackRock’s brand new Hudson Yards facility where high speed and low latency are put to optimal use, such as its trading floor, client-facing conference center, cutting edge auditorium, and meeting rooms. The On Site 5G deployment can replace office WiFi and allows BlackRock to take advantage of workplace-of-the-future tools and applications including virtual enhanced training, AR/VR, enhanced security management and monitoring,...