Year: 2025

Correction – All attachments replacedBecause of pagination faults, all attachments to the release, in English and Icelandic, have been replaced. —— Orkuveitan has published its consolidated financial statements for the year 2024, presenting highly positive results. The Group’s profit increased by 45% from 2023, amounting to ISK 9.3 billion. A dividend proposal of ISK 6.5 billion has been put forth. The Group comprises the parent company, Veitur, Orka náttúrunnar, Ljósleiðarinn, and Carbfix. Its shareholders are the City of Reykjavík, the Municipality of Akranes, and the Municipality of Borgarbyggð. “The excellent operating results last year provide a strong foundation for Orkuveitan’s new phase of growth,” says CEO Sævar Freyr Þráinsson. “We have met significant demand for our services and will continue to invest responsibly...

Lánasjóður sveitarfélaga hefur ákveðið að efna til útboðs á skuldabréfaflokkunum LSS 39 0303 og LSS151155 miðvikudaginn 12. mars 2025. Lánasjóðurinn stefnir að því að taka tilboðum að fjárhæð 500 til 1.500 milljónir króna að nafnvirði í skuldabréfaflokknum LSS151155 og að fjárhæð 500 til 1.500 milljónir króna að nafnvirði í skuldabréfaflokknum LSS 39 0303. Lánasjóðurinn áskilur sér rétt til að hækka og lækka útboðsfjárhæð útboðsins, taka hvaða tilboði sem er eða hafna þeim öllum. Lánasjóðurinn hefur boðið aðalmiðlurum sjóðsins Arion banka, Íslandsbanka, Kviku banka og Landsbankanum að taka þátt í útboðinu. Óskað er eftir tilboðum í samræmi við eftirfarandi lýsingu: Fyrirkomulag: “Hollensk” uppboðsaðferð þar sem allir tilboðsgjafar fá sömu ávöxtunarkröfu og hæst er tekið. Heimilt er að afturkalla eða breyta tilboði með sama hætti og tilboðum...

SHENZHEN, China, March 10, 2025 (GLOBE NEWSWIRE) — Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in Asia, today announced that it plans to release its fourth quarter and full year 2024 unaudited financial results before the U.S. market opens on Monday, March 24, 2025. The Company’s management team will hold an earnings conference call at 8:00 A.M. Eastern Time on Monday, March 24, 2025 (8:00 P.M. Beijing/Hong Kong Time on Monday, March 24, 2025). Details for the conference call are as follows: Event Title: Huize Holding Limited’s Fourth Quarter and Full Year 2024 Earnings Conference Call Registration Link: https://register-conf.media-server.com/register/BIff2f67b8a24a43ce9c629fd34a76678d All...

Paris, France – March 10, 2025 Viridien S.A., the parent company of the Viridien group, today launched an offering (the “Offering”) of senior secured notes due 2030 denominated in both U.S. dollars and euros in an aggregate principal amount equivalent to approximately US$950,000,000 (the “Notes”). The Notes will be guaranteed on a senior secured basis by certain subsidiaries of Viridien S.A. Viridien S.A. has also signed commitments for a US$125,000,000 revolving credit facility (RCF) secured on the same collateral as the Notes on a super senior basis. Viridien S.A. intends to use the net proceeds from the Offering, together with cash on hand, to satisfy and discharge and subsequently redeem in full its senior secured notes due 2027 in a principal amount of US$447,400,000 and €578,600,000 (the “Existing Notes”). About Viridien Viridien...

A Minister of Finance and Economic Affairs discussion committee and advisors to the pension funds have jointly drafted proposals on the settlement of Housing Financing Fund (HFF) bonds, which will facilitate the winding-up of ÍL Fund (previously the HFF). The ÍL Fund project management team has recommended to the Minister that efforts be made to advance the proposals. According to the proposals, the Icelandic Government will issue new Treasury bonds in the amount of ISK 540 bn which includes refinancing the Treasury’s debt to ÍL Fund in the amount of ISK 238 bn and settling the Treasury’s guarantee of ÍL Fund’s obligations. The value of the HFF bonds in the settlement is set at ISK 651 bn. According to the proposals, ÍL Fund and the Icelandic Government will deliver the aforementioned Treasury bonds valued at ISK 540 bn, other securities...

A Minister of Finance and Economic Affairs discussion committee and advisors to the pension funds have jointly drafted proposals on the settlement of Housing Financing Fund (HFF) bonds, which will facilitate the winding-up of ÍL Fund (previously the HFF). The ÍL Fund project management team has recommended to the Minister that efforts be made to advance the proposals. According to the proposals, the Icelandic Government will issue new Treasury bonds in the amount of ISK 540 bn which includes refinancing the Treasury’s debt to ÍL Fund in the amount of ISK 238 bn and settling the Treasury’s guarantee of ÍL Fund’s obligations. The value of the HFF bonds in the settlement is set at ISK 651 bn. According to the proposals, ÍL Fund and the Icelandic Government will deliver the aforementioned Treasury bonds valued at ISK 540 bn, other securities...

SHENZHEN, China, March 10, 2025 (GLOBE NEWSWIRE) — As 2025 kicked off, the release of the DeepSeek-R1 model by a Chinese AI startup sent shockwaves around the globe, delivering “OpenAI-level inference performance at just one-tenth of the training cost”. The education industry quickly became the “eye of the storm” in this wave of AI democratization. Leading companies in various education sectors, including Xueersi, Youdao (by NetEase), Offcn Education, and Seewo, scrambled to integrate the DeepSeek-R1 large model, leveraging its capabilities to drive intelligent upgrades and innovations across both software and hardware. This surge is ushering the industry into a new era of AI-native education ecosystems. I. Education Enterprises Rapidly Embrace DeepSeek, Unleashing a New Wave of Transformation with Its Chain-of-Thought...

VILVI Group, which consists of “Vilkyškių pieninė“ AB, “Modest” AB, “Kelmės pieninė“ AB, “Kelmės pienas” UAB, “Pieno logistika” AB and “Baltic Dairy Board” SIA, consolidated sales for February 2025 amounted EUR 22.12 million – 27.6% increase comparing to February 2024. The sales of the Group for period January – February 2025 amounted to 46.92 million EUR 31.1% increase comparing to the same period last year. Vilija Milaseviciute                                                                                     Economics and finance directorPhone: +370 441 55 102 Email: vilija.milaseviciute@vilvi.eu