In a bold move to strengthen its position in Sweden’s window manufacturing industry, Inwido, the Nordic region’s leading supplier of windows and doors, has announced an investment of just over SEK 100 million in Elitfönster’s production facilities in Vetlanda. The investment, the largest ever for Elitfönster, will enable the consolidation of production currently taking place…
Immunovia AB, a biotechnology company specializing in the development of blood-based tests for early detection of cancer, has announced the appointment of Jeff Borcherding as its new global CEO. Borcherding, who has been President of Immunovia’s US operation since April 2022, will replace Philipp Matthieu as the Company shifts its focus to the United States…
Eiger BioPharmaceuticals, a commercial-stage biopharmaceutical company, announced on Wednesday the appointment of William G. Kachioff as Chief Financial Officer and James A. Vollins as General Counsel, Chief Compliance Officer, and Corporate Secretary. The company, which is focused on developing innovative therapies for hepatitis delta virus (HDV) and other serious diseases, said the appointments come at…
In a recent announcement, Avina Clean Hydrogen, a leading company in the green hydrogen and green fuels sector, revealed that it has added three prominent figures to its advisory board. Tom Linebarger, former CEO of Cummins, Susan Dio, former President & Chairman of BP America, and Warren East, former CEO of Rolls-Royce, will join the…
Helsinki-based private equity firm CapMan Buyout has announced the appointment of Maija Joutsenkoski as Partner, effective April 1st. Ms. Joutsenkoski, who joined the company in 2022, has demonstrated her leadership skills and strong drive during her short tenure, making her a valuable addition to the team. A Decade-Long Experience in Private Equity and Industry…
Karolinska Institutet, a world-renowned medical university in Stockholm, Sweden, has announced that it will confer honorary doctorates to two individuals for their outstanding contributions to the field of medicine. The formal ceremony will take place at Stockholm City Hall on 12 May, as part of the doctoral conferment ceremony. Pioneering Geriatric Medicine Specialist to…
Swedish biotech firm Aqilion has partnered with global pharmaceutical company Merck to develop new treatments for chronic inflammation and immune dysfunction. The strategic collaboration will focus on discovering and commercializing inhibitors of the TAK1 protein, which is a crucial mediator in the inflammatory process. Merck’s upfront cash payment of EUR 10 million to Aqilion is…
Veg of Lund, a European-based food and beverage company, has recently announced its expansion into the German market through a distributor business model in line with its updated commercial strategy. The company has partnered with Regional partner CCP AG, a well-established food company in Germany, to bring its European patented DUG potato drink to food…
Tina Hultkvist, the current Chief Financial Officer and member of the Executive Board of the Volvo Group, has announced her resignation. With 25 years of experience at the company, Hultkvist served as CFO since March 2022. Acting CFO Named Jan Ytterberg, previously the CFO and member of the Executive Board, will step in as acting…
Konecranes Plc, a leading company in the industry, has announced a new Employee Share Savings Plan (“the Plan”) for the period of July 1, 2023 to June 30, 2024. This move by the Board of Directors comes after a successful launch in 2012 and the interest shown by employees. Details of the Plan: The Plan…
