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Day: May 29, 2023

Vertical Farming Market Size to Surpass USD 27.42 Billion by 2030, exhibiting a CAGR of 27.3%

As per the report by Fortune Business Insights, the global vertical farming market size is projected to reach USD 27.42 billion in 2030, at a CAGR of 27.3% during the forecast period, 2023-2030 Pune, India, May 29, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, global vertical farming market size was valued at USD 4.16 billion in 2022 and is projected to grow from USD 5.05 billion in 2023 to USD 27.42 billion by 2030, exhibiting a CAGR of 27.3% during the forecast period. Robotics and Artificial Intelligence to Drive the Market Growth. Fortune Business Insights, provide this information in its report titled, Global Vertical Farming Market Forecast, 2023-2030.Request a Free Sample PDF: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/vertical-farming-market-101958Food security, low water usage,...

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Mobile Payment Market Size to Surpass USD 18.84 Trillion by 2030, exhibiting a CAGR of 30.1%

As per the report by Fortune Business Insights, the global Mobile Payment Market size is projected to reach USD 18.84 Trillion by 2030, at a CAGR of 30.1% during the forecast period. Pune, India, May 29, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, global mobile payment market size was valued at USD 2.32 trillion in 2022 and is projected to grow from USD 2.98 Trillion in 2023 to USD 18.84 Trillion by 2030, exhibiting a CAGR of 30.1% during the forecast period. Paybacks and Reward Strategies to Augment Growth. Fortune Business Insights presents this information in their report titled Global Mobile Payment Market Forecast, 2023–2030. Customers can securely replace cash-based transactions with mobile payments, allowing rapid money transfers. The use of mobile-based payment solutions is being boosted by the expansion...

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UPM Fibres is preparing to temporarily adjust production at Kaukas, Finland, and initiates consultations with employee representatives concerning potential temporary layoffs

(UPM, Lappeenranta, 29 May 2023 at 12:15 EEST) – UPM Fibres business area begins consultations with employee representatives at the Kaukas pulp mill, sawmill and wood reception to prepare for possible temporary production adjustment to address the market situation. As the raw material streams of the Kaukas pulp mill and sawmill are closely linked, also the sawmill prepares to adjust production. UPM Fibres prepares to temporary layoff personnel of the Kaukas pulp mill, sawmill and wood reception for a fixed term period. The possible temporary layoffs could take place in several periods and would last a maximum of 90 days. The total number of employees covered by the employee consultations is approximately 370. Temporary adjustment of pulp production and possible temporary layoffs could possibly take place in the second half of the year...

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SSCP Lager Bidco AB (publ) – Interim report for first quarter 2023

Date: 29th of May 2023SSCP Lager BidCo AB (publ) – Consolidated financial information for the period 1 January – 31 March 2023. Today SSCP Lager Bidco AB (publ) published the interim report for the first quarter, the report can be downloaded on www.logent.se or via the link below. For more information, please contact:Johan Wallmander, CFO, telephone number: +46 70 351 77 24, johan.wallmander@logent.se or Linda Aidanpää Baronnet, CEO, telephone number: +46 70 785 87 25, linda.aidanpaa@logent.se This press release was published on 29th of May at CET 09:00 This information is information that SSCP Lager BidCo AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 09:00 CET on 29th of May, 2023. About Logent GroupLogent...

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CoinShares announces block transaction by shareholder and share options buyback

Friday, 26 May 2023 | SAINT HELIER, Jersey – CoinShares International Limited (“CoinShares” or the “Company“) (Nasdaq Stockholm Market: CS; US OTCQX: CNSRF), Europe’s leading alternative asset manager specialising in digital assets, today announced that it has agreed to enter a block transaction with a shareholder to acquire 358,783 ordinary shares in the capital of the Company. Subject to completion of the block transaction, the Company will repurchase from the selling shareholder a total 358,783 ordinary shares at a price per share equal to SEK 30.1143 resulting in total consideration of SEK 10,804,500. The Company expects the block transaction to settle via cash and to complete before 9 June 2023. CoinShares’ decision to repurchase its shares is consistent with the Board’s stated intent regarding...

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MAXIMA GRUPĖ concluded financing agreements for the total amount of 100 m. EUR

MAXIMA GRUPĖ, UAB (hereinafter – „the Company“) informs, that it has concluded financing agreements for the total amount of 100 m. EUR. The contracts have been concluded with companies AB SEB bankas and Skandinaviska Enskilda Banken AB (amount of 50 m. EUR) and „Swedbank“, AB (amount of 50 m. EUR). According to Agnė Voverė, CEO of MAXIMA GRUPĖ, the main direction of the company continues to be the development of retail chains managed by the group in Poland and Bulgaria. The group’s plans include the redemption of bonds issued five years ago and investments in retail solutions. The recently concluded financing agreements will contribute to the implementation of future plans, including investments in operational efficiency, development, and sustainability projects. Financing is provided for the Company’s general business needs...

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Interim Report January – March 2023

Interim Report January – March 2023 First quarter 2023Net sales for the quarter amounted to MSEK 13 (18) Gross for the quarter decreased to 74% (91%) Operating loss decreased to MSEK -14 (-10) Earnings per share before and after dilution decreased to SEK -0.12 (-0.04) Events after the reporting periodOn April 5, Anoto announced that it is in late-stage discussions regarding a potential order of several hundred thousand pens. In order to finance a timely delivery of pens regarding the potential order and improve financial position, the Board of Anoto resolved to carry out a directed share issue of 20 million SEK and a rights issue amounting to in total approximately SEK 20 million. The rights issue is guaranteed to 50 per cent and both the directed issue and the rights issue was approved by an Extraordinary General Meeting. The Board...

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Outdoor parcel lockers set up at 40 SATO buildings in the Helsinki region, Tampere and Turku

SATO CorporationPress release 29 May at 9:30 pmIn May, iBoxen parcel lockers where all parcels transported by Matkahuolto can be picked up and returned from were set up in the grounds of some 40 SATO buildings. Located outdoors, the parcel lockers are accessible 24/7/365 for easy parcel sending and collection. The rise in online shopping has been reflected in the number of self-service parcel lockers. Parcel lockers are popular because they are easy and convenient to use. Now the outdoor parcel lockers introduced in Finland by the Swedish company iBoxen make it possible to have Matkahuolto parcels delivered even closer to home. Since early May, these lockers have been set up in the grounds of roughly 40 SATO buildings. All parcel lockers are available for general use, not just for building residents. “We wish to offer our residents...

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Anoto raises additional USD 1 million on a sale of 1 million shares of Knowledge AI to further improve financial strength

Stockholm, 29 May 2023 – Anoto Group AB (publ) (“Anoto”) announces that it has sold 1 million shares of common stock of its education subsidiary Knowledge AI Holdings Ltd. (“KAIT”). The transaction was done at USD 12 million on a fully diluted basis. After the sale, Anoto will still own 4.3 million shares of Knowledge AI (47.8% on outstanding number of shares). The 1 million shares were sold to an investment company based in the United Kingdom.   “This is the final piece in our efforts to raise cash for Anoto. Once we are done with the offering and the sale of KAIT shares, we will raise a total of $6.7 million which will enable us to expand and grow. The sale of KAIT shares was intended to reduce dilution for Anoto shareholders and to achieve independent company status for KAIT for it to be self-sufficient and eliminate dependency on Anoto...

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World’s Leading Electronics Manufacturers Adopt NVIDIA Generative AI and Omniverse to Digitalize State-of-the-Art Factories

Foxconn Industrial Internet, Innodisk, Pegatron, Quanta, Wistron Building Virtual Factories, Simulating Robotics, Automating Inspections With NVIDIA Omniverse, Isaac Sim and MetropolisPegatron Industrial Digitalization Taiwan-based electronics manufacturer Pegatron uses NVIDIA AI for simulation, robotics and automated production inspection in its printed circuit board factories. Image credit: PegatronTAIPEI, Taiwan, May 28, 2023 (GLOBE NEWSWIRE) — COMPUTEX — NVIDIA today announced that electronics manufacturers worldwide are advancing their industrial digitalization efforts using a new, comprehensive reference workflow that combines NVIDIA technologies for generative AI, 3D collaboration, simulation and autonomous machines. Supported by an expansive partner network, the workflow helps manufacturers plan, build, operate...

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