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Navian Tech Closes Capital Round with Major Investments
Success Story Navian Tech, a real estate development company, is proud to announce the successful closing of a capital round of 28 million SEK. The company received investments from several well-known investors, including a Swedish investment company that invested 8 million SEK. Confirmation of Hard Work Sergey Kazachenko, CEO and Co-Founder for Navian, expresses pride […]
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Heart Aerospace Selected as Air New Zealand’s Partner for Zero Emissions Fleet
Heart Aerospace, the Swedish electric airplane developer, has been selected as a long-term partner for Air New Zealand’s Mission Next Gen Aircraft. The mission aims to accelerate the development of zero emissions aircraft technologies and the infrastructure needed for commercial aviation in New Zealand. Partnership with Air New Zealand Air New Zealand’s Mission Next Gen […]
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EdmoLift Ranks Among Top 8% for Sustainability Efforts: Company Earns Gold Medal for Ninth Consecutive Year
Gold Medal for Sustainability For the ninth year in a row, EdmoLift has been awarded a gold medal for its exceptional sustainability efforts. The company is ranked among the top 8% of over 100,000 global companies for its Corporate Social Responsibility (CSR). Prioritizing Quality and Environment Quality and environment have always been a top priority […]
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Alelion Energy Systems Secures Funding Boost with SEK 45 Million Loan Extension
Alelion Energy Systems, a Gothenburg-based lithium-ion technology solution provider, has secured financing by extending loans and credits totaling SEK 45 million. The loan extension runs until March 2024 and was made possible with the help of owner guarantees from the company’s main owners and Swedbank. Empowering Climate Action with Latest Proven Technology As a developer […]
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Blue World Technologies Launches Revolutionary Methanol Fuel Cell-Based Power Generator
Denmark-based fuel cell developer and manufacturer, Blue World Technologies, has launched the innovative CellPack™ Stationary methanol fuel cell-based power generator. The product has been designed with the telecommunication industry in mind, but it can also be adapted for other uses such as electric vehicle charging or off-grid power supply. High Efficiency, Continuous Power Output, and […]
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FLEX REPORTS SECOND QUARTER FISCAL 2023 RESULTS
Flex (NASDAQ: FLEX) announced results for its second quarter ended September 30, 2022. Second Quarter Fiscal Year 2023 Highlights: Net Sales: $7.8 billion GAAP Operating Income: $325 million Adjusted Operating Income: $375 million GAAP Net Income Attributable to Flex Ltd.: $232 million Adjusted Net Income: $289 million GAAP Earnings Per Share: $0.50 Adjusted Earnings Per Share: $0.63 An explanation and reconciliation of non-GAAP financial […]
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Meta Reports Third Quarter 2022 Results
Meta Platforms, Inc. (Nasdaq: META) reported financial results for the quarter ended September 30, 2022. “Our community continues to grow and I’m pleased with the strong engagement we’re seeing driven by progress on our discovery engine and products like Reels,” said Mark Zuckerberg, Meta founder and CEO. “While we face near-term challenges on revenue, the fundamentals are there […]
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Retirement planning 2022: A good time to start
It is never too early to start planning for retirement, especially if one is considering spending their golden years abroad. The world is brimming with breathtaking destinations for retirees to choose from, and those who start setting up their foundation in the country of their choice early are the ones who get to enjoy every […]
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VOLVO CARS REPORTS SALES OF 43,666 CARS IN AUGUST
Volvo Cars today reported sales of 43,666 cars in August, down 4.6 per cent compared with the same month last year. Overall underlying demand for the company’s cars remains robust, especially for its Recharge range of pure electric and plug-in hybrid cars. The company’s line of Recharge models represented 21.9 per cent of the […]
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NEW WAVE GROUP AB (PUBL) ACQUIRES B.T.C. ACTIVEWEAR LIMITED
New Wave Group has today acquired 100 % of the shares in the UK promotional, corporate and teamwear apparel company B.T.C. Activewear Limited. The consideration for the purchase of the shares is £33 million on a cash and debt free basis and is paid in cash. B.T.C. Activewear was founded in 2000 through a merger […]