Year: 2023

In November, LHV Group’s business activities were characterised by active lending activities and the growth of fixed-term deposits. The consolidated deposits of AS LHV Group increased by EUR 183 thousand in November. Fixed-term deposits increased by 13%, i.e., EUR 208 million compared to October (EUR 83 million of which was increased through deposit platforms), while demand deposits decreased by EUR 208 million. The consolidated loan portfolio of the Group increased by EUR 113 million in November. Retail loans increased by EUR 16 million, and corporate loans by EUR 97 million. The volume of funds managed by LHV increased by EUR 36 million over the month. 4.9 million payments from financial intermediary clients were processed in the course of the month. The consolidated net profit of AS LHV Group was EUR 13.3 million in November. In November,...

Press Release Nokia and Deutsche Telekom begin deployment of multi-vendor Open RAN network in Germany  New deal will see companies partner to deploy a commercial Open RAN network in Germany; realization of MoU signed at MWC 2023 Deal marks a significant return for Nokia into Deutsche Telekom’s network  Nokia to provide high-performance Open RAN compliant AirScale solution; Fujitsu will partner with Nokia in the deal with open-fronthaul compliant Radio Units. Deal highlights the maturity and performance of Nokia’s O-RAN CU/DU; Confirms Nokia’s industry leadership through its anyRAN approach which offers mobile operators more choice in building 5G networks    12 December 2023 Espoo, Finland – Nokia and Deutsche Telekom AG (DT) today announced that they have begun to deploy a multi-vendor Open RAN network with Fujitsu in Germany. The...

Nokia CorporationInside information12 December 2023 at 8:00 EET Inside information: Nokia provides an update on group strategy, 2026 comparable operating margin target and preliminary assumptions for 2024Nokia’s business groups will have increased autonomy to pursue growth strategies, portfolio management, investments and strategic partnerships Increases reporting transparency and will provide business group level cash flow reporting and regional sales, beginning 2024 Revises comparable operating margin target to at least 13% by 2026 (previously at least 14%); remains confident in further opportunities to increase margins beyond 2026 Provides initial planning assumptions by business group for 2024, group guidance will follow with Nokia’s Q4 results on January 25 Provides further detail on strategy for Mobile Networks to unlock long-term...

Rigging of the Cyclone® 30 XP in Poland completed with a further two sites in Germany and France already operational Louvain-la-Neuve, Belgium, December 12, 2023 – IBA (Ion Beam Applications S.A., EURONEXT), the world leader in particle accelerator technology and of radiopharmaceutical production solutions is pleased to announce the start of the installation of a Cyclone® 30 XP in Poland. There are now three sites set to produce Astatine-211 (At-211) for oncology applications, reaffirming IBA’s leadership and innovation in the area of radiotheranostics. The completion of the rigging in POLATOM on December 11th follows the successful commissioning of the first Cyclone® 30 XP machine in Jülich, Germany, earlier this year. Furthermore, an IBA cyclotron Cyclone® 70 XP, installed in France in 2008, has enabled multiple research programs already....

In November, EfTEN Real Estate Fund AS reported a rental income of €2,521 thousand, marking a decrease of €17 thousand from October. This decline in rental income was primarily due to lower turnover rents at the Saules Miestas and RAF Centrs shopping centers. The fund’s loan portfolio in November witnessed the first impact of declining market interest rates since June 2022. All loans linked to the 1-month EURIBOR saw a reduction in interest rates in between of 0.01 and 0.04 percentage points, depending on the date of rate fixation. The weighted average interest rate of the fund’s loans was at 5.89% at the end of November, a marginal increase of 0.01 percentage points from October, influenced by the slightly higher fixation of interest rates linked to the 3-month EURIBOR. In November, the new warehouse space construction at...