Nordic Investment Bank

Launch of two first-in-class medicines in 2023 marks start of exciting phase of growth for Ferring

Retrieved on: 
Tuesday, April 9, 2024
Research, Clinical Trials, Other Health, Biotechnology, General Health, Pharmaceutical, Health, Science, Oncology, Other Science, CER, Nadofaragene firadenovec, AER, Audit, Growth, Alexandra, Countess of Frederiksborg, Ferring, Falk, Partnership, ESG, Mortality, Nordic Investment Bank, PPH, Committee on Finance, Annual report, Count, Vice, Food, Management

EBITDA increased by +€43 million (+12% at AER) to reach €406 million and operating profit for the year reached €139 million.

Key Points: 
  • EBITDA increased by +€43 million (+12% at AER) to reach €406 million and operating profit for the year reached €139 million.
  • The year marked a major turning-point for Ferring with the launch of two innovative first-in-class medicines in the United States.
  • Ferring is evolving to make the most of these opportunities, and there were a number of significant changes to the senior leadership.
  • Jean-Frédéric Paulsen, Chairman of the Board of Directors, said: “The launch of two groundbreaking medicines in the US, along with the other important changes in 2023, mark the start of an exciting new phase of growth for Ferring.

Ericsson signs funding agreements with the European Investment Bank

Retrieved on: 
Friday, January 26, 2024
Research, Green, CFO, Wireless, Investment, Nordic Investment Bank, EUR, EIB, Carbon, BofA Securities, NIB, European Investment Bank, Real estate

STOCKHOLM, Jan. 26, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) is announcing that it has signed two agreements for funding with the European Investment Bank (EIB) for a total of EUR 420 million whereof EUR 250 million was disbursed in December 2023.

Key Points: 
  • STOCKHOLM, Jan. 26, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) is announcing that it has signed two agreements for funding with the European Investment Bank (EIB) for a total of EUR 420 million whereof EUR 250 million was disbursed in December 2023.
  • The signing of the funding agreements with the European Investment Bank provides Ericsson with increased flexibility to drive critical research and development into making our own products more competitive and energy efficient.
  • In December 2023, Ericsson signed a 7-year EUR 100 million green funding agreement with the Nordic Investment Bank (NIB).
  • On November 23, 2023, Ericsson announced the successful placement of a green Euro-denominated 500 million 4.5-year bond .

Ericsson signs funding agreements with the European Investment Bank

Retrieved on: 
Friday, January 26, 2024
Research, Green, CFO, Wireless, Investment, Nordic Investment Bank, EUR, EIB, Carbon, BofA Securities, NIB, European Investment Bank, Real estate

STOCKHOLM, Jan. 26, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) is announcing that it has signed two agreements for funding with the European Investment Bank (EIB) for a total of EUR 420 million whereof EUR 250 million was disbursed in December 2023.

Key Points: 
  • STOCKHOLM, Jan. 26, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) is announcing that it has signed two agreements for funding with the European Investment Bank (EIB) for a total of EUR 420 million whereof EUR 250 million was disbursed in December 2023.
  • The signing of the funding agreements with the European Investment Bank provides Ericsson with increased flexibility to drive critical research and development into making our own products more competitive and energy efficient.
  • In December 2023, Ericsson signed a 7-year EUR 100 million green funding agreement with the Nordic Investment Bank (NIB).
  • On November 23, 2023, Ericsson announced the successful placement of a green Euro-denominated 500 million 4.5-year bond .

BURN Launches New Electric Cooking Product Suite Across Africa

Retrieved on: 
Wednesday, September 6, 2023
Carbon, Gold Standard (carbon offset standard), Nordic Investment Bank, Partnership, Headache, ECOA, Tree, Electricity, Quality of life, Meal, Wood, Nose, Development, Gold standard, Charcoal, Cooking, IOT, Foreign, Commonwealth and Development Office, Smoke, Innovation, CO2, Health, USAID, Innovate UK, Renewable energy, Kerosene

NAIROBI, Kenya, Sept. 6, 2023 /PRNewswire/ -- Today, Africa's leading clean cooking company and carbon project developer, BURN has unveiled its next-generation, tech-enabled electric cooking (e-cooking) product suite.

Key Points: 
  • NAIROBI, Kenya, Sept. 6, 2023 /PRNewswire/ -- Today, Africa's leading clean cooking company and carbon project developer, BURN has unveiled its next-generation, tech-enabled electric cooking (e-cooking) product suite.
  • These new products will revolutionize cooking across Africa by offering families a more cost-effective and sustainable cooking solution.
  • While we know improved cookstoves still have a critical role to play for rural families, the future of clean cooking in Africa is electric," said Peter Scott, Founder and CEO of BURN.
  • Africa is uniquely positioned to benefit from affordable electric cooking solutions due to its growing commitment to clean energy.

BURN Launches New Electric Cooking Product Suite Across Africa

Retrieved on: 
Wednesday, September 6, 2023
Carbon, Gold Standard (carbon offset standard), Nordic Investment Bank, Partnership, Headache, ECOA, Tree, Electricity, Quality of life, Meal, Wood, Nose, Development, Gold standard, Charcoal, Cooking, IOT, Foreign, Commonwealth and Development Office, Smoke, Innovation, CO2, Health, USAID, Innovate UK, Renewable energy, Kerosene

NAIROBI, Kenya, Sept. 6, 2023 /PRNewswire/ -- Today, Africa's leading clean cooking company and carbon project developer, BURN has unveiled its next-generation, tech-enabled electric cooking (e-cooking) product suite.

Key Points: 
  • NAIROBI, Kenya, Sept. 6, 2023 /PRNewswire/ -- Today, Africa's leading clean cooking company and carbon project developer, BURN has unveiled its next-generation, tech-enabled electric cooking (e-cooking) product suite.
  • These new products will revolutionize cooking across Africa by offering families a more cost-effective and sustainable cooking solution.
  • While we know improved cookstoves still have a critical role to play for rural families, the future of clean cooking in Africa is electric," said Peter Scott, Founder and CEO of BURN.
  • Africa is uniquely positioned to benefit from affordable electric cooking solutions due to its growing commitment to clean energy.

Ferring Pharmaceuticals appoints new Executive Chairman among key changes to Board of Directors

Retrieved on: 
Thursday, June 22, 2023
Science, Biotechnology, Research, Pharmaceutical, Oncology, Health, FDA, Clinical Trials, Clostridioides difficile infection, Danske Bank, Ferring Pharmaceuticals, Alexandra, Countess of Frederiksborg, US Foods, Reproductive medicine, Clostridioides, Audit, Food, Senior advisor, Center for Biologics Evaluation and Research, Nadofaragene firadenovec, Bladder cancer, Count, Medicine, Credit Suisse, Coca-Cola, Maternal health, Nordic Investment Bank, BCG, Novartis, Control, Mars, Incorporated, London, Growth, Recurrence, Sustainable development, Committee on Finance, Chartered Institute of Management Accountants, Wyeth, London School of Economics, Pharmaceutical industry, Management, Nordic, Economics

Lars Rebien Sørensen, who became Executive Chairman in July 2021, will remain on the Board as Vice-Chairman.

Key Points: 
  • Lars Rebien Sørensen, who became Executive Chairman in July 2021, will remain on the Board as Vice-Chairman.
  • Mr. Paulsen’s father, Dr. Frederik Paulsen, who held the post of Chairman from 1988 until 2021, continues as Chairman Emeritus of the Ferring Group.
  • At the same time, Jeffrey Hobbs and Alexandra, Countess of Frederiksborg have stood down from the Board of Directors.
  • Mr. Sørensen said: “As Vice-Chairman of the Board of Directors, I am pleased to support the new Executive Chairman during a period of transition as he takes on greater responsibilities from the Chairman Emeritus.

FREYR Battery Sanctions Construction of its Inaugural Gigafactory

Retrieved on: 
Wednesday, June 29, 2022
Technology, Batteries, Alternative Energy, Energy, Lithium, Recycling, European Investment Bank, Société Générale, 100,000, Adoption, Engineering, Climate change, Climate, Public expenditure, OECD, XV, Goal, Statkraft, U.S. Securities and Exchange Commission, Xi, History, Annual report, Kilowatt-hour, CO2, Plant, New, Nordic Investment Bank, Form, Risk, Investment, Letter, Technology, NYSE, Battery, Lithium-ion battery, Solution, Form 10-K, Board, DNB, Chemistry, Norwegian Government Security and Service Organisation, ECAS, Ministry of Trade and Industry, Security (finance), Renewable energy, Oil, Industry

It is therefore important for Norway to define a clear direction and set ambitious goals for battery production in our country.

Key Points: 
  • It is therefore important for Norway to define a clear direction and set ambitious goals for battery production in our country.
  • I am therefore very pleased and excited that FREYR Battery is moving along with its plans to establish a Gigafactory in Norway based on state capital and risk relief.
  • Today marks another significant milestone for FREYR on our path to giga-scale production of clean battery solutions.
  • FREYR Battery aims to provide industrial scale clean battery solutions to reduce global emissions.

Commission for Environmental Cooperation Funds 10 Community Grants for Sustainable Recovery from COVID-19 Pandemic

Retrieved on: 
Wednesday, May 4, 2022
People, Capacity, Fomento, COVID-19, Mount Arrowsmith Biosphere Region, Commission for Environmental Cooperation, Beardy's and Okemasis' Cree Nation, Simon Fraser University, Beardy, German American Partnership Program, Government, Drinking water, Grupo para el Desarrollo Integral de la Capital, Commission, Biophysical environment, A Defense of the Constitutions of Government of the United States of America, Organization, Nordic Investment Bank, Program, Environment, Resilience, United States Environmental Protection Agency, Climate change, NAFTA, CEC, Inter-American Commission of Women, Oaxaca Valley, Ghana Environmental Protection Agency, Solution, Program on Energy Efficiency in Artisanal Brick Kilns in Latin America to Mitigate Climate Change, Multimedia, Renewable energy, Animal, Oil, Agriculture, American

MONTREAL, May 4, 2022 /PRNewswire/ - Today, the North American Commission for Environmental Cooperation (CEC) announced 10 community projects chosen under the 2022 North American Partnership for Environmental Community Action (NAPECA) grant program.

Key Points: 
  • MONTREAL, May 4, 2022 /PRNewswire/ - Today, the North American Commission for Environmental Cooperation (CEC) announced 10 community projects chosen under the 2022 North American Partnership for Environmental Community Action (NAPECA) grant program.
  • "The 10 winning projects aim to encourage an equitable recovery by helping communities, particularly the most vulnerable and underserved populations, to address challenges exacerbated by the COVID-19 pandemic," said Richard Morgan, CEC Executive Director.
  • The Commission for Environmental Cooperation (CEC) was established in 1994 by the governments of Canada, Mexico and the United States through the North American Agreement on Environmental Cooperation, a parallel environmental agreement to NAFTA.
  • As of 2020, the CEC is recognized and maintained by the Environmental Cooperation Agreement parallel to the new Free Trade Agreement of North America.

2022 Youth Innovation Challenge Launches Today

Retrieved on: 
Tuesday, February 15, 2022
People, Instagram, Commission for Environmental Cooperation, Nordic Investment Bank, A Defense of the Constitutions of Government of the United States of America, United States Environmental Protection Agency, Solution, NAFTA, Climate change, CEC, Commission, Environment, LinkedIn, Twitter, Ageing, Government, Ghana Environmental Protection Agency, Multimedia, COVID-19, Renewable energy, Agriculture, Facebook, Submittals (construction)

MONTREAL, Feb. 15, 2022 /PRNewswire/ - Today, North America's top environmental officials, representing Canada, Mexico, and the United States on the Commission for Environmental Cooperation (CEC) Council, are launching the " 2022 Youth Innovation Challenge ," that invites youth to propose innovation towards COVID-19 recovery.

Key Points: 
  • MONTREAL, Feb. 15, 2022 /PRNewswire/ - Today, North America's top environmental officials, representing Canada, Mexico, and the United States on the Commission for Environmental Cooperation (CEC) Council, are launching the " 2022 Youth Innovation Challenge ," that invites youth to propose innovation towards COVID-19 recovery.
  • Participants can submit their innovative solutions to the2022 Youth Innovation Challengethrough Submittable to win up to C$15,000 in seed funding.
  • The challenge is open to participants aged 18-30 who are residents of Canada, Mexico, or the United States.
  • A successful solution proposes an innovation with clear environmental benefits that also considers direct impacts for local communities in North America.

Environmentalist Louie Porta to Lead the CEC's Joint Public Advisory Committee

Retrieved on: 
Wednesday, January 12, 2022
International Institute for Environment and Development, Commission for Environmental Cooperation, United States Environmental Protection Agency, Government, Iraqi Governing Council, Ocean Tracking Network, CEC, International Institute for Sustainable Development, Sustainable development, Climate change, Environment, Solution, JPAC, Executive, Rotation, A Defense of the Constitutions of Government of the United States of America, Special, Commission, Council, Multimedia, NAFTA, Nordic Investment Bank, Ghana Environmental Protection Agency, Whaling, Audit

MONTREAL, Jan. 12, 2022 /PRNewswire/ -We are pleased to announce that leading Canadian environmentalist Louie Porta will chair the Commission for Environmental Cooperation's (CEC) Joint Public Advisory Committee (JPAC) for 2022.

Key Points: 
  • MONTREAL, Jan. 12, 2022 /PRNewswire/ -We are pleased to announce that leading Canadian environmentalist Louie Porta will chair the Commission for Environmental Cooperation's (CEC) Joint Public Advisory Committee (JPAC) for 2022.
  • Porta previously served as lead political advisor to Mary Simon, Canada's first Indigenous Governor General, in her capacity as Minister's Special Representative for Arctic Leadership.
  • Porta will chair the CEC's advisory committee in the coming year as the body holds public consultations in the three countries on pressing environmental matters of global concern.
  • For more information about the CEC's Joint Public Advisory Committee, visit www.cec.org/jpac .