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Day: September 1, 2022

SATO to have 77 new rental homes in the Skanssi district of Turku

SATO CorporationPress release 1 September 2022 at 11:15 amSATO, one of Finland’s largest rental housing providers, is developing new non-subsidised rental homes in the Skanssi district of Turku. This is the first time in five years that SATO is investing in new homes in the city. Construction started in August and the homes will be move-in ready by the end of October 2023. On 26 August 2022, SATO finalised a deal to acquire from builders Lujatalo an apartment building to be constructed in the Skanssi district of Turku. The eight-storey building at the address Sorakatu 9 will have 77 new SATO rental homes. The building is located only 300 metres from the amenities of Skanssi shopping centre. SATO works together with cities in developing residential areas and each year it commissions the construction of around 1,000 new rental homes in...

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Turnover of Apranga Group in August 2022

The retail turnover (including VAT) of Apranga Group amounted to EUR 27.0 million in August 2022 and decreased by 3.3% compared to August 2021. Due to epidemic coronavirus (COVID-19) infection, from 16 December 2020, all the Group’s stores in Lithuania were temporarily closed. Stores with a separate entrance from the outside and sales area not exceeding 300 square meters were open from 15 February 2021. Stores with a separate entrance from the outside and a sales area exceeding 300 square meters were open from 15 March 2021. All Group’s stores have been reopened in Lithuania from 19 April 2021, however, stores operating in shopping malls were not allowed to work on weekends, unless they had separate entrance from outside. Eventually, all Group’s stores had been open in Lithuania as of 29 May 2021. In Latvia, stores were temporarily closed...

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Panostaja Oyj’s Business Review Q3 November 1, 2021-July 31, 2022

Panostaja Oyj’s Business Review Q3 November 1, 2021-July 31, 2022 Panostaja Oyj          Interim Report Q3         September 1, 2022 10.00 a.m.Growth in a partially challenging market environment May 2022-July 2022 (3 months) in brief:Net sales increased in three of the four segments. Net sales for the Group as a whole increased by 5.2% to MEUR 32.4 (MEUR 30.7). EBIT improved in one of the four segments. The entire Group’s EBIT declined from the reference period, standing at MEUR -1.2 (MEUR 0.6). Grano’s net sales for the review period increased by 6.9% from the reference period. EBIT totaled MEUR 0.3 (MEUR 1.1). Net sales for the review period increased by 13.4% from the reference period net sales that were adjusted based on the SokoPro sale. Earnings per share (undiluted) were -2.3 cents (0.5 cents). During the review period, Panostaja...

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UK CMA completes review of the Business Combination between Noble Corporation and Maersk Drilling – all merger control conditions to the Exchange Offer have been satisfied

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. Sugar Land, Texas and Copenhagen, Denmark, 1 September 2022 – Noble Corporation (NYSE: NE) (“Noble”) and The Drilling Company of 1972 A/S (CSE: DRLCO) (“Maersk Drilling”) today provided a further update on the merger control process for their proposed business combination announced on 10 November 2021 (the “Business Combination”), as the UK Competition and Markets Authority (the “CMA”) has today published its decision not to refer the Business Combination for further in-depth Phase 2 review and has completed its review of the Business Combination. On 9 May 2022, the CMA published its decision that there are reasonable grounds for believing that...

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Polypropylene Market to Reach USD 108.57 Billion by 2028 | Global PP Industry Analysis, Trends, Size, Outlook, Price & Forecast Report

Companies covered in Polypropylene Market are Beaulieu International Group (Belgium) Borealis AG (Austria) Repsol (Spain) Braskem (Brazil Formosa Plastic Group (Taiwan) Ducor Petrochemicals (Netherlands) China Petroleum & Chemical Corporation (China) China National Petroleum Corporation (China) LyondellBasell Industries N.V. (Netherlands) and many more Pune, India, Sept. 01, 2022 (GLOBE NEWSWIRE) — The global polypropylene market size is projected to reach USD 108.57 billion by 2028, exhibiting a CAGR of 5.2% during the forecast period. As per the report by Fortune Business Insights™, titled “Polypropylene Market, 2021-2028”, the market size was USD 75.12 billion in 2020 and is estimated to hit USD 76.00 billion in 2021. COVID-19 Impact The polypropylene (PP) market growth slumped by 1.1% in 2020 due to the sharp decline in...

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Honey Market Size to Hit USD 12.69 Billion by 2029 | Exhibiting a CAGR of 5.83% by 2022-2029

Key companies covered in Honey Market are Bee Maid Honey Limited (Canada), Comvita Limited (New Zealand), Capilano Honey Ltd. (Australia), Dabur India Ltd. (India), Billy Bee Honey Products (Canada), New Zealand Honey Co. (New Zealand), Barkman Honey LLC (U.S.), Yamada Bee Company (Japan), Dutch Gold Honey Inc. (U.S.), Golden Acres Honey (Canada) and Others Pune, India, Sept. 01, 2022 (GLOBE NEWSWIRE) — The global honey market size was valued at USD 8.17 billion in 2021. The market is expected to grow from USD 8.53 billion in 2022 to USD 12.69 billion by 2029, exhibiting a CAGR of 5.83% during the forecast period. Rising demand for organic and healthy alternatives to sugar to propel market growth. Fortune Business Insights™ provides this information in its report titled “Honey Market, 2022-2029.” COVID-19 Impact: Rising Health...

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Calibre Scientific Acquires Achrom, a Distributor of Chromatography Consumables and Equipment in Benelux

LOS ANGELES, Sept. 01, 2022 (GLOBE NEWSWIRE) — Calibre Scientific is pleased to announce the acquisition of Achrom (the “Company”), a Belgium-based distributor of chromatography consumables, equipment, and accessories. Achrom is Calibre Scientific’s first acquisition in the Benelux region and further enhances Calibre Scientific’s growing Pan-European presence. Founded in 1991, Achrom serves customers in the pharmaceutical, chemistry, environmental, academic, private lab, and clinical & hospital lab space. Achrom offers a broad, innovative product portfolio that includes liquid chromatography columns, gas chromatography columns, vials, seals, caps, valves, tubing, and analytical gas generators, among other offerings. The Company provides differentiated technical support and customer service to suppliers and customers alike,...

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VAALCO Energy Announces Filing and Mailing of Definitive Proxy Statement in Connection With Strategic Business Combination With TransGlobe

HOUSTON, Sept. 01, 2022 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: “EGY”; LSE: “EGY”) (“VAALCO” or the “Company“) is pleased to announce that it has filed and mailed its definitive proxy statement in connection with the previously announced combination with TransGlobe Energy Corporation (AIM & TSX: “TGL” & NASDAQ: “TGA”) (“TransGlobe”). The special meeting of VAALCO stockholders will be held at 11:00 AM, Eastern Time, on September 29, 2022 (or such other date, time and place to which the special meeting may be adjourned or postponed). The special meeting will be held entirely online at the following website: https://www.virtualshareholdermeeting.com/EGY2022SM.Stockholders will be asked to vote on proposals (i) to amend VAALCO’s certificate of incorporation to increase the number of authorized...

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TomTom to power Hyundai Motor Group with Maps and Traffic

TomTom to power Hyundai Motor Group with Maps and Traffic TomTom to power Hyundai Motor Group with Maps and TrafficHyundai Motor Group (HMG) and TomTom deepen their partnership, equipping all vehicles across Europe with TomTom technology as standard.Extended agreement now covers all Genesis, Hyundai, and Kia vehicles in Europe TomTom Maps and Real-Time Traffic to enhance HMG drivers’ in-dash navigation experience TomTom ADAS Map to improve safety and comfort of HMG’s Highway Driving Assist technology, helping with intelligent speed assistance (ISA) regulation complianceAMSTERDAM, Sept. 01, 2022 (GLOBE NEWSWIRE) — TomTom (TOM2), the trusted geolocation technology specialist, announced today that its maps and real-time traffic data have been chosen by Hyundai Motor Group (HMG) to support its entire vehicle lineup in Europe....

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Report on interim financial results of AUGA Group, AB for the six-month period ended 30 June 2022

The sales revenue of AUGA Group, AB and its subsidiaries (hereinafter – the Group) was EUR 33.99 million in the first half of 2022, an increase of 3% compared to EUR 33.13 million in the same period last year. In the first six months of 2022, the Group’s gross profit was EUR 12.43 million, representing an increase of 46% compared to the previous year (EUR 8.50 million). The Group had a net profit of EUR 3.65 million in the reporting period, as compared with EUR 0.75 million in the first half last year. The Group’s EBITDA in the reporting period amounted to EUR 15.05 million and was up 35% from a year earlier, when the figure was EUR 11.14 million. The overall sales results for the first half of this year are similar to last year’s, since the 2021 harvest was sold in the first half of 2022. The sales results for this year’s...

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