Month: May 2022
Electric Bike Market to Hit USD 92.19 Billion by 2029; Factors such as Increasing Acceptance as Mode of Transport and Rising Technological Advancements to Aid Growth: Fortune Business Insights™Electric Bike Market Share
Electric Bike MarketPune, India, May 24, 2022 (GLOBE NEWSWIRE) — The global electric bike market size stood at USD 35.69 billion in 2021. The market is estimated to rise from USD 40.16 billion in 2022 to USD 92.19 billion by 2029 at 12.6% CAGR during the forecast period. Fortune Business Insights™ has delved into these insights in its latest research report, titled, “Electric bike Market, 2022-2029.”
According to the analysis, global electric bike market is expected to witness elevated growth owing to rapidly charging batteries, cheaper alternative for transportation, and rising technological advancements during...
Industry 4.0 Market: USD 337.10 Billion by 2028 at a 16.4% CAGR
Written by Customer Service on . Posted in Mergers And Acquisitions.
According to Fortune Business Insights Industry 4.0 Market size is projected to reach USD 337.10 billion in 2028, at a CAGR of 16.4% during forecast period; Increasing Adoption of Automated Systems to Augment Market Growth
Pune, India, May 24, 2022 (GLOBE NEWSWIRE) — The global industry 4.0 market size is expected to gain momentum by reaching USD 337.10 billion by 2028 while exhibiting a stellar CAGR of 16.4% between 2021 to 2028. In its report titled “Industry 4.0 Market,” Fortune Business Insights mentions that the market stood at USD 101.69 billion in 2020.
Key Industry Developments:
March 2020 – Cisco Systems Inc. announced its collaboration with Microsoft Corporation. This collaboration will allow seamless data orchestration from Cisco IoT Edge to Azure IoT Cloud, and it also empowers users to get a pre-integrated IoT...
Valoe Corporation Decreases the Subscription Price of the Convertible Bond 1/2022
Written by Customer Service on . Posted in Public Companies.
Valoe Corporation Stock Exchange Release 24 May 2022 at 13.15 (Finnish time)
The Board of Directors of Valoe Corporation (the “Company”) has resolved to decrease the subscription price of the Convertible Bond 1/2022 disclosed on 26 April 2022 to EUR 0.070 per share. The previous subscription price was EUR 0.075 per share. As a result of the amendment, the Convertible Bond 1/2022 shall be converted to a maximum of 42,857,142 new shares in the Company or treasury shares. The other terms of the Convertible Bond 1/2022 remain unchanged.
In Mikkeli on 24 May 2022
Valoe Corporation
BOARD OF DIRECTORS
For more information:CEO Iikka Savisalo, Valoe CorporationTel. +358 40 5216082email: iikka.savisalo@valoe.com
Distribution:Nasdaq Helsinki OyMain mediawww.valoe.com
Valoe Corporation specializes in the clean energy, especially in photovoltaic...
Nexstim Receives an Order for Two NBS Systems from a Finnish University Hospital
Written by Customer Service on . Posted in Public Companies.
Press release, Helsinki, 24 May 2022 at 12:30 PM (EEST)
Nexstim Receives an Order for Two NBS Systems from a Finnish University Hospital
Nexstim Plc (NXTMH:HEX, NXTMS:STO) (“Nexstim” or “Company”) has received an order for two NBS 5 systems from a university hospital in Finland. The customer is an experienced user of the Nexstim NBS 4 system, now acquiring the two new systems to replace the old system and to increase capacity.
Nexstim’s NBS (Navigated Brain Stimulation) system is used, for example, in planning neurosurgery or radiation therapy after a patient has had a diagnosis of a brain tumor or other disorder. When the lesion is predicted to be close to functional areas of the brain—such as those responsible for speech production and limb movement —the brain maps generated with NBS can be invaluable when deciding...
Results and allocation of the public offering of the EfTEN United Property Fund units
Written by Customer Service on . Posted in Public Companies.
On Friday (May 20, 2022), the first interim period of the public offering of the EfTEN United Property Fund units ended. The offering size was up to 460,000 offered fund units. In case of oversubscription, the management company (the EfTEN Capital) had the right to upsize the offering by 300,000 offered fund units.
Investors submitted a total of 2,716 subscription orders and subscribed for 1,217,730 offered fund units. Thus, the volume of the offer was recorded more than 2.65 times.
“EfTEN has always followed the principle not to raise more capital from investors than can be deployed in a reasonable time frame. As a result, the management company decided to use the upsizing option only partially, by 200 000 units, and to issue a total of 660 000 offered fund units during the first interim period”, commented Kristjan Tamla, Head...
Sugarbud Announces Q1 2022 Financial Highlights and Filing Date
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
CALGARY, Alberta, May 24, 2022 (GLOBE NEWSWIRE) — Sugarbud Craft Growers Corp. (TSXV: SUGR, SUGR.DB, SUGR.WR, SUGR.WS, SUGR.WT) (OTCQB: SBUDF) (“Sugarbud” or the “Company“), a leading Canadian Craft Cannabis producer and distributor is pleased to announce certain financial and operating results for the three months ended March 31, 2022. The Company anticipates announcing its first quarter 2022 financial statements and management’s discussion and analysis after-market on Monday, May 30, 2022.
Q1 2022 Highlights
The Company reaffirms certain preliminary unaudited financial and operating results for Q1 2022. The following are unaudited highlights, and all numbers are approximate.Sequential Revenue Growth | Consistent with previous guidance the Company expects to record gross revenue of between $925,000-$950,000...
Konsolidator enters strategic partnership with e-conomic
Written by Customer Service on . Posted in Public Companies.
Press release no 8-2022
Copenhagen, May 24, 2022Konsolidator enters strategic partnership with e-conomic
Konsolidator has entered a strategic partnership with the Danish ERP software provider Visma e-conomic to promote Konsolidator as a consolidation add-on for e-conomic’s customer base.With the partnership, Konsolidator® is now listed within e-conomic’s marketplace, where users can find, test, and add the best business integrations and apply them to their e-conomic account.
The partnership with e-conomic is an integrated part of the strategy “Unfolding the potential” where Konsolidator aims to work closely together with providers of cloud ERP systems. With the plug-and-play adoption, Groups using cloud ERP systems can generate high value by adding Konsolidator to their ERP system.
A new sales channel to expand...
Allot and Singtel Partner to offer Cybersecurity Services to Singtel’s Small and Medium Business Customers
Written by Customer Service on . Posted in Public Companies.
Hod Hasharon, Israel, May 24, 2022 (GLOBE NEWSWIRE) — Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security-as-a-service (SECaaS) solutions for communication service providers and enterprises, announced today that it is partnering with Singtel to offer cybersecurity services to Singtel’s Small and Medium Sized Business (SMB) customers.
Allot NetworkSecure is a network-based solution, offering zero-touch, clientless operation, requiring no application installation by the end customer. With NetworkSecure, CSPs can offer their customers protection from cybersecurity threats, including malware, viruses, phishing and ransomware and can enable customers to block inappropriate categories of web content for their employees. An easy-to-use interface provides branded alerts and...
WTW launches specialist cyber coverage for ports and terminals
Written by Customer Service on . Posted in Public Companies.
LONDON, May 24, 2022 (GLOBE NEWSWIRE) — Three factors – an increased reliance on technology, heightened cyber-threat activity and gaps in insurance cover, drive the need for specialist cyber coverage for ports and terminals. That need is now met by CyNav for Ports and Terminals, a new cyber solution from WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company.
CyNav for Ports and Terminals is designed to address the specific cyber threats faced by port and terminal owners and operators. It provides both flexible and tailored cover for business interruption losses including those arising from IT service providers, first- and third-party property damage, wrongful delivery of cargo, regulatory actions and crisis management expenses.
Ben Abraham, CEO global marine at WTW said: “Financial and reputational cyber...
PST signs €4 million contract with Visaginas Municipality for the reconstruction of Sedulina Alley and Fountain
Written by Customer Service on . Posted in Public Companies.
AB Panevėžio statybos trestas (PST) has signed a construction contract with the Visaginas Municipality Administration for the reconstruction of Visaginas Sedulina Alley and Fountain. The total contract value is over €4 million (incl. VAT). The works are expected to be completed within a period of 12 months but no later than September 2023.
The planned works include full renovation of all pavements and rainwater harvesting system, installation of new retaining walls and handicap stairs, reconstruction of the fountain, planting greenery in the area, and installation of small architectural forms (benches, etc.).
More information:Managing DirectorEgidijus UrbonasTel.: (+370 45) 505 503
