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Day: May 16, 2023

Toilet Paper Market to Hit USD 38.34 Billion by 2027 | With a CAGR 4.9%

Key companies covered in Toilet Paper Market are Procter & Gamble Co. (Cincinnati, U.S.), Kimberly-Clark (Dallas, U.S.), Essity AB (Stockholm, Sweden), Georgia-Pacific LLC (Atlanta, U.S.), Hengan Group (Jinjiang, China), Sofidel Group (Porcari, Italy), Kruger Inc. (Montreal, Canada), Empresas CMPC S.A (Santiago, Chile), WEPA Hygieneprodukte GmbH (Arnsberg, Germany), Unilever (London, U.K.), and more players profiled. Pune, India, May 16, 2023 (GLOBE NEWSWIRE) — The global toilet paper market is set to gain momentum from the rising awareness of deforestation while producing paper pulp. This information is given by Fortune Business Insights™ in a new report, titled, “Toilet Paper Market Size, Share & COVID-19 Impact Analysis, and Regional Forecast, 2020-2027.” The report further states that the market size was USD...

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Notice on Fund Term Extension

UAB “Orkela”, legal entity code 304099538, registered address at Jogailos str. 4, Vilnius, the Republic of Lithuania (the Issuer). The terms with the first capital letter used in this Notice shall have the meanings given to them in the Issuer’s Prospectus approved by the Bank of Lithuania and published on 24 May 2022 (the Prospectus), unless stated otherwise in this Notice. The Issuer is a real estate development company that is owned by the closed-end real estate investment fund intended for informed investors  Lords LB Special Fund IV (the Fund), which is a development fund that invests in development of commercial real estate projects, established in 2016 for a 5-year term with the possibility to extended it for additional 2 years and managed by one of the largest investment management companies in the Republic of Lithuania – UAB “Lords...

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Valoe has received an order for a market study about the residential solar market from a world-class supply chain provider. The Company has an interest in using Valoe’s technology.

Valoe Corporation        Inside information 16 May 2023 at 9.45 (Finnish time)                                                                  Valoe has received an order for a market study from a world-class supply chain provider (“the Company”) to evaluate a potential entry to the residential solar PV market. The Company has an interest in using Valoe’s technology and the Company´s European manufacturing capacity to provide high-end solar PV products, perfectly finished to the highest standards and performance. The products will be designed out of the next generation materials and the most advanced installation methods in mind. At the first stage, Valoe will represent the Company when evaluating the potential distribution channels and the future PV module supply chain options. In terms of value, the order is equivalent to a typical...

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Share buybacks in Spar Nord Bank – transactions in week 19

Company announcement no. 33 In company announcement no. 8 2023, Spar Nord announced a share buyback programme of up to DKK 300 million. The share buyback was initiated on 13 February 2023. The purpose of the share buyback is to reduce the bank’s share capital by the shares acquired under the programme, and the programme is executed pursuant to Regulation (EU) No 596/2014 of 16 April 2014 (“Market Abuse Regulation”). In week 19, the following transactions were made under the share buyback programme.  Number of shares Average purchase price Transaction value (DKK)Accumulated from from last announcement 937.000                                   106.591.090                             08. May 2023 20.000 103,88 2.077.60009. May 2023 20.000 101,36 2.027.20010. May 2023 20.000 100,96 2.019.20011. May 2023 22.000 100,47 2.210.34012....

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Power Electronics Market to Worth USD 153.30 Billion by 2030 | Fortune Business Insights™

Key companies covered in Power Electronics Market are Texas Instruments (U.S.), Infineon Technologies (Germany), On Semiconductor (U.S.), Analog Devices Inc. (U.S.), TDK (Japan), Qualcomm (U.S.), STMicroelectronics (Switzerland), Murata Manufacturing (Japan), Vishay Inter technology (U.S.), ROHM (Japan), and more players profiled. Pune, India, May 16, 2023 (GLOBE NEWSWIRE) — The global power electronics market size was valued at USD 52.70 billion in 2022 and is projected to grow from USD 61.94 billion in 2023 to USD 153.30 billion by 2030, recording a CAGR of 13.8% during the forecast timeframe of 2023-2030. The global market is estimated to grow at a notable pace as these devices are being extensively used in several sectors such as aerospace, automotive, defense, residential, healthcare, space, and industrial. Various power electronic...

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Aircraft Aftermarket Parts Market Projected to Hit USD 47.33 Billion by 2028 | Fortune Business Insights™

The global aircraft aftermarket parts market covered major segments By Parts Type (MRO Parts and Routable Replacement Parts), By Component Type (Engine, Airframe, Interior, Cockpit Systems, and Others), By Aircraft (Narrow-body, Wide-body, and Regional Aircraft), and Region. Pune, India, May 16, 2023 (GLOBE NEWSWIRE) — The global aircraft aftermarket parts market size is expected to gain momentum by reaching USD 47.33 billion by 2028 while exhibiting a CAGR of 6.12% between 2021 and 2028. This information is published by Fortune Business Insights in its latest report, titled, “Aircraft Aftermarket Parts Market, 2021-2028.”  The report further mentions that the market stood at USD 29.44 billion in 2020. Factors such as the increasing number of phasing out of the aging aircraft and the estimated growth in air travel in near future...

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FORVIA CONFIRMS THE SUCCESSFUL PROGRESS OF ITS ASSET DISPOSAL PROGRAM WITH THE ENTRY OF STELLANTIS IN SYMBIO’S CAPITAL

NANTERRE (FRANCE)MAY 16, 2023 FORVIA CONFIRMS THE SUCCESSFUL PROGRESS OF ITS ASSET DISPOSAL PROGRAM WITH THE ENTRY OF STELLANTIS IN SYMBIO’S CAPITAL With the acquisition by STELLANTIS of a stake in SYMBIO (a joint venture between Faurecia and MICHELIN), confirmed this morning in a joint press release by the three partners, Faurecia will receive a total amount of €150 million which will contribute to its €1 billion asset disposal program by the end of 2023. This asset disposal program includes two other operations already announced, representing together a cumulated enterprise value of almost €700 million:The sale of Faurecia’s SAS Cockpit Modules division (assembly and logistics services) to the Motherson Group, announced on February 19, is currently subject to regulatory approvals and the closing is expected early Q3 2023. The...

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Stellantis to Acquire Equal Stake with Faurecia and Michelin in Symbio, a Leader in Zero-emission Hydrogen Mobility

Stellantis to Acquire Equal Stake with Faurecia and Michelin in Symbio, a Leader in Zero-emission Hydrogen Mobility AMSTERDAM, NANTERRE, PARIS, May 16, 2023 – Faurecia, a company of the FORVIA group, Michelin and Stellantis announce today the signing of a binding agreement for Stellantis to acquire 33.3% stake in Symbio, a leader in zero-emission hydrogen mobility. Faurecia and Michelin will remain shareholders with 33.3% holding each. The announcement is a significant step in the decarbonization of the mobility industry and illustrates Symbio’s technological excellence in hydrogen fuel cell innovations. The addition of Stellantis as a shareholder will boost Symbio’s development across Europe and in the U.S. “Acquiring an equal stake in Symbio will bolster our leadership position in hydrogen-powered vehicles by supporting our fuel...

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Report for the three months ended 31 March 2023

HighlightsAll main components have been delivered and turbine installation work has commenced at the Karskruv project, which is set to increase the annual power generation from 800 GWh to 1,100 GWh from 2024 onwards Successfully established an organic growth platform across the Nordics and Europe, laying the foundation for growth in onshore wind, solar and battery storage solutions Further expanded the business in Finland with an experienced partner, adding a strong network and access to several exclusive brownfield and greenfield project opportunities Progressing several standalone and co-located projects in Sweden, with certain land rights already secured and ongoing work to secure grid connections and permits Expanded the European footprint to include the UK, Germany and France, and secured grid connections for solar and battery storage...

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ONWARD Reports Q1 Business Update and Year-To-Date Highlights

First-in-Human Use of the ARC-IM™ Lead New Breakthrough Device Designation Awarded by the U.S. FDA for ARC Therapy™, Bringing Total to 9 10 Additional Patents Issued, Bringing Total Pending and Issued Patents to More than 340 and Strengthening First-Mover AdvantageEINDHOVEN, the Netherlands, May 16, 2023 (GLOBE NEWSWIRE) — ONWARD Medical N.V. (Euronext: ONWD), the medical technology company creating innovative therapies to restore movement, function, and independence in people with spinal cord injury (SCI), today provided a first quarter 2023 business update. “Our team continued to execute at a high level in Q1, achieving milestones and adding strength across our range of activities,” said Dave Marver, CEO of ONWARD. “We were especially pleased to announce that the Up-LIFT pivotal study met all primary endpoints...

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