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24.06.25 - 15:01
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Saab′s Aerobahn Runway and Surface Safety service selected for 26 additional U.S. airports (Cision)
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The Federal Aviation Authority (FAA) has selected Saab's Aerobahn Runway and Surface Safety service for installation at 26 additional airports across the U.S. The award is made under the FAA's Surface Awareness Initiative (SAI) Block 3 deployment.
Saab's SAI solution is developed to improve safety on airport runways by accurately tracking aircraft and providing air traffic controllers with situational awareness in all weather conditions. It is based on technology from the predecessor ASDE-X program, paired with elements of Saab's commercial Aerobahn product suite.
This innovative surface...
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24.06.25 - 07:30
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Invitation – presentation of Husqvarna Group′s report for the second quarter 2025 (Cision)
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Husqvarna Group will publish its second quarter results on July 18, 2025, at approximately 07:00 CET. A combined webcast and conference call hosted by CEO Pavel Hajman and CFO Terry Burke will be held at 10:00 CET the same day. The presentation will be held in English and is followed by a Q&A session.
Link to the webcast:
https://husqvarnagroup.creo.se/93f156e2-f1e4-4cb2-a648-bf771bea3b5b (https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fhusqvarnagroup.creo.se%2F93f156e2-f1e4-4cb2-a648-bf771bea3b5b&data=05%7C02%7CJenny.Huselius%40husqvarnagroup.com%...
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23.06.25 - 16:01
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Notice of extraordinary general meeting in Nordic Paper Holding AB (publ) (Cision)
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The shareholders of Nordic Paper Holding AB (publ), reg. no. 556914-1913, with its registered office in Karlstad municipality in Värmland county, (the “Company” or “Nordic Paper”), are hereby invited to an extraordinary general meeting on 16 July 2025, at 13:00 at Advokatfirman Schjødt, Hamngatan 27, Stockholm. Registration starts at 12:45.
Preconditions for participation and notice of participation
A shareholder who wishes to participate in the extraordinary general meeting, in person or represented by a proxy, must (i) be recorded in the share register maintained by Euroclear Sweden...
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23.06.25 - 15:12
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The board of directors of Nordic Paper proposes an extraordinary dividend of SEK 12 per share (Cision)
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On 21 March 2025, Nordic Paper announced the board of directors' proposal ahead of the annual general meeting that no dividend should be distributed for the financial year 2024. It was also communicated that the board of directors intended to review the feasibility of a potential extraordinary dividend once a long-term financing for Nordic Paper would be in place, and that any such dividend would be decided at an extraordinary general meeting.
On 20 June 2025, Nordic Paper announced that a new long-term financing agreement has been entered into. In light of this, the board of directors...
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20.06.25 - 20:36
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Nordic Paper enters into long term financing agreement (Cision)
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Nordic Paper has today entered into an agreement with a syndicate of financial institutions on a long term senior secured financing to Nordic Paper in the form of a EUR 275 m term loan B and a revolving credit facility of EUR 65 m.
The tenor is seven years for the term loan B and six and a half years for the revolving credit facility. The proceeds from the term loan B will be used to, among other things, refinance and discharge existing debt in the Nordic Paper group.
The margin for the term loan B is Euribor +500 bps and Euribor +375 bps for the revolving credit facility. Margins...
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19.06.25 - 11:36
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Oscilion strengthens strategic clarity - EW business changes name to Oscilion EW Systems AB (Cision)
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Scandinavian Astor Group (“Astor Group” or the “Company”) announces today that its subsidiary Oscilion Teknik AB has changed its name to Oscilion EW Systems AB. The name change is now registered with the Swedish Companies Registration Office and is effective immediately.
The name change is made in order to clarify the internal structure and business focus of the Group's technology area Oscilion, which comprises two separate business lines:
· Oscilion EW Systems AB, focusing on Electromagnetic Warfare (EW)
· Oscilion Naval Systems AB, which develops advanced underwater technologies,...
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19.06.25 - 11:30
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The acquisition process of Carbonia Composites is progressing (Cision)
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Scandinavian Astor Group ('Astor Group' or the 'Company') announces that approval from the Swedish Inspectorate for Strategic Products (ISP) has been obtained in connection with the previously announced acquisition of Carbonia Composites AB (“Carbonia”). The approval from ISP was one of the conditions for the completion of the transaction. Astor Group resolves on a directed share issue to the seller of Carbonia Composites AB prior to closing.
In light of the ISP approval received, the Board of Directors of Astor Group has today resolved on a directed issue of 442,442 shares to the seller of...
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18.06.25 - 19:33
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France announces intention to procure GlobalEye from Saab (PR Newswire)
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STOCKHOLM, June 18, 2025 /PRNewswire/ -- Saab and the French defence procurement agency, Direction générale de l'armement (DGA), have today signed a joint declaration of intent regarding the sale of Saab's GlobalEye Early Warning and Control (AEW&C) aircraft to France, including ground......
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18.06.25 - 18:18
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All conditions for the investment in the defense group Nordic Shield Group are fulfilled - the transaction is now completed (Cision)
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Scandinavian Astor Group ('Astor Group' or the 'Company') announces that all conditions for the investment in the defense group Nordic Shield Group ("NSG") which was announced on May 19, 2025 have now been fulfilled, including approval from the Swedish Inspectorate for Strategic Products (ISP). The transaction has thus been completed, and Astor Group has become a shareholder in NSG.
''Completing the investment in NSG is an important step in our strategy to strengthen the Group's presence in total defense and critical infrastructure. Through our entry as a new owner, NSG has at the same time...
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18.06.25 - 18:18
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Saab and Sabena technics sign agreement relating to GlobalEye (Cision)
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Saab has signed a framework agreement with the French aircraft maintenance and modification provider Sabena technics relating to aircraft modification work for Saab's GlobalEye Airborne Early Warning and Control (AEW&C) aircraft.
The long-term agreement is intended to form the basis for future business between the companies, covering complex aircraft modification and associated services for GlobalEye.
“This reenforces Saab's commitment to collaborate with French industry while supporting the expansion of our modification capacity to meet the increasing demand for GlobalEye. Sabena...
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18.06.25 - 08:36
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Korean based compressor manufacturer has become part of Atlas Copco Group (Cision)
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Nacka, Sweden, June 18, 2025: Kyungwon Machinery Industry Co., Ltd. (“Kyungwon”) a manufacturer of oil-injected and oil-free screw air compressors as well as oil-free scroll air compressors has become part of Atlas Copco Group.
Kyungwon is located and has its manufacturing plant in Siheung-si, Gyeonggi-do, Korea and was founded in 1968. As part of the acquisition 126 employees will join Atlas Copco Group.
The company's product portfolio includes compressed air and air treatment solutions. Kyungwon provides solutions to a broad range of industries such as food and beverage, automotive and...
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17.06.25 - 16:42
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Swedish ′queen of trash′ jailed for dumping thousands of tonnes of toxic waste (The Guardian)
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Fariba Vancor, former boss of Think Pink waste management company, convicted of 19 serious environmental crimesA Swedish entrepreneur who once called herself the “queen of trash” has been sentenced to six years in prison for illegally dumping hundreds of thousands of tonnes of toxic waste in the country's biggest environmental crime case.Fariba Vancor, previously known as Bella Nilsson and the former chief executive of waste management company Think Pink, was convicted on Tuesday of 19 counts of serious environmental crimes. Her ex-husband Thomas Nilsson was found guilty of 12 counts of serious environmental crimes and sentences to three years and six months in prison. Continue reading......
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