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Finnish Ponsse has signed an agreement with Babcock Africa for the distribution and support of Ponsse forest machines , harvester heads , and information systems in South Africa .
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This acquisition supports our strategy of being close to our customers all around the world offering both equipment and related services .
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The carrier said its Area travel agency is to sell most of its outlets to sister chain Suomen Matkatoimisto (SMT)and use its remaining bricks-and-mortar presence to primarily target business customers going forward .
1neutral
negative
In February the Elcoteq group sold its St Petersburg facility ; according to unconfirmed information the reason could have been supply problems because of the Russian customs service .
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The value of the contract is in total USD12m .
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Following the demerger , the vice president of the group 's pharmaceutical trade in Finland , Jukka Niemi , will be appointed managing director of Oriola in addition to his current responsibilities .
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In 2009 , Lee & Man had a combined annual production capacity of close to 4.5 million tonnes of paper and 300,000 tonnes of pulp .
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Also Chile is an important market area for forest machine companies .
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Global life science industry is strictly regulated by international and national authorities .
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`` With this agreement , we can continue our good cooperationand at the same time release capital that has been tied up in ourmachinery operation .
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The start of the negotiations , relating to Glaston 's efficiency program , was announced in October .
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The stock rose for a third day on Tuesday bringing its three-day rise to GBX10 .50 or 1.8 % .
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In this case , the effect would be negative in Finland .
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The company closed last year with a turnover of about four million euros .
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HELSINKI ( Thomson Financial ) - Kone said it has won four orders in Saudi Arabia , United Arab Emirates and Qatar worth 40 mln eur .
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Production capacity will rise gradually from 170,000 tonnes to 215,000 tonnes .
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The company has a continuous need for alloys such as nickel , ferro-chrome , molybdenum and manganese in its production , said Talvivaara .
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The company 's operating profit for 2006 stood at 39.6 mln euro ( $ 57.9 mln ) .
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Affecto will provide a new EFI Data Warehouse and reporting solution , behavioural scoring system supporting operational decision processes and Data Migration from old legacy systems to the new EFI system .
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Later on , about 150 Finnish-made houses will be build in the area .
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Name of Company in which holdings have been acquired : Citycon Oyj 2 .
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( ADP News ) - Sep 30 , 2008 - Finnish security and privacy software solutions developer Stonesoft Oyj said today that it won a USD 1.9 million ( EUR 1.3 m ) order to deliver its StoneGate network security products to an unnamed Russian te
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`` The acquisition of Sampo Bank makes strategic sense for DB , '' says Lindsey Liddell , director of Fitch Ratings 's Financial Institutions Group .
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The company estimates that the trend in demand for sports equipment will be steady in 2006 , '' Amer 's report said .
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The parties have agreed not to disclose the price of the deal , the group said in a press release .
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We offer challenging and interesting employment for over 20,000 people in 20 countries throughout Europe .
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The company said it estimates to make a slight profit thanks to cost-cutting measures .
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Korhonen was dismissed from her post of editor in chief of the group 's newspaper Lapin Kansa in December 2008 .
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`` This is a win for all OEMs targeting to develop WiMAX products .
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It provides customers with industry-leading elevators , escalators and innovative solutions for maintenance and modernization .
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The company anticipates its turnover for the whole 2010 to surpass that of the previous year when it was EUR 67.1 million .
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In the second quarter of 2010 , the group 's pretax loss narrowed to EUR 400,000 from EUR 600,000 .
2positive
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The company will build altogether 130 new substations by the end of this year .
1neutral
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The Swedish subsidiary holds 1.0 % net smelter return `` NSR '' royalties over two advanced copper projects in northern Sweden - the Viscaria and Adak Projects - being developed by Avalon Minerals Ltd. ASX : AVI .
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The contracts have been signed to acquire uranium produced at the Sotkamo nickel-zinc mine in eastern Finland owned by Talvivaara .
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In 2008 , the deal is likely to bring savings of EUR 20mn-25mn .
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`` The bond gathered subscriptions from some 400 investors and the issued amount can be considered substantial taking into account the main target group -- retail investors , '' Citycon CFO Eero Sihvonen said .
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Teollisuuden Voima Oyj , the Finnish utility known as TVO , said it shortlisted Mitsubishi Heavy s EU-APWR model along with reactors from Areva , Toshiba Corp. , GE Hitachi Nuclear Energy and Korea Hydro & Nuclear Power Co. .
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The contract traded at an all-time high of $ 50,200 a ton on April 24 .
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The percentages of shares and voting rights have been calculated in proportion to the total number of shares registered with the Trade Register and the total number of voting rights related to them .
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In stead of being based on a soft drink , as is usual , the Teho energy drink is made with fresh water .
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The opportunity will be available only for few employees , however .
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The robust growth was the result of the inclusion of clothing chain Lindex in the Group in December 2007 .
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Capacity of the facility made by Finland 's Vaahto Group is 86,000 tons of light coated paper .
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One can also apply for jobs directly from the iPad , select which CV to attach and which covering letter is most appropriate for each position .
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The subject of the project is provide to the company like : Software programming and consultancy services , Computer-related services , Data services , Computer support and consultancy services , Internet services etc. .
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The transaction included also the transfer of the lease agreement concerning manufacturing premises and employment agreements related to these operations .
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No financial details were available .
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The merger between the two telecoms operators was expected to result in the world 's fourth largest telecoms operator .
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In the next few years , the ICT sector 's share of electricity consumption will be raised by the increase in the popularity of smartphones .
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( A spokesperson told WWD to expect a 50-50 mix of clothing and home decor . )
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The company 's profit totaled Ls 578,100 in H1 2007 , down 30.9 % year-on-year .
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Operating profit rose to EUR 4.7 mn from EUR 3.6 mn .
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In addition , the company is considering the start of production in Russia .
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Finnish aluminium products manufacturer Nordic Aluminium Plc ( OMX Helsinki : NOA1V ) reported on Monday ( 18 August ) an operating profit of EUR7 .9 m on net sales of EUR55 .2 m for the period January-June 2008 .
1neutral
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Salo , Finland , 29 August 2006 - Benefon has today announced its plans to further strengthen its in-house technology platform , by licensing the complete mobile software platform , Opna , from its long-standing technology partner , Pollex .
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The circuit 's overall production rate on a weekly basis is now in excess of an average of 40,000 tonnes per day , with volumes in excess of 50,000 tonnes per day being reached on individual days .
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HELSINKI AFX - Kesko Corp is expected to report a lower second quarter EPS today due to tax charges , but other earnings lines are seen higher year-on-year , analysts said .
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Auburn 's sales in 2007 were CAD 41 million ( approximately EUR 27 million ) , and the company employs some 150 people .
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The engine has an electrical output of 18,321 kW , making it the largest gas powered generating set in the world .
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LONDON AFX - UK and European brokers ' recommendations issued today , as collated by AFX News from a range of market sources .
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Finnish construction machinery and equipment rental group Cramo Oyj said on March 21 , 2007 its Swedish sector subsidiary Cramo AB will sell its Dutch subsidiary Cramo Nederland B.V. ( CNL ) to Dutch rental and scaffolding company Jaston Groep B.V. for an undisclosed sum .
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At first the contract envisaged the construction of three ferryboats with an option for two more units , further confirmed at a total value of 500 mln euro ( $ 645.8 mln ) .
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By combining its existing solutions into a single platform , Comptel said that it has reduced the cost of deployment .
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Why not subscribe to the magazine ?
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`` Because we 're a pension insurance company , we 're required to diversify and not put too much in one asset class .
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It 's not .
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Luxembourg-registered investment fund Amber Trust II has won the final approval of Lithuania 's Competition Council to acquire 29.6 percent of Sanitas , the country 's largest pharmaceutical producer .
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Finnish financial group Aktia 's operating profit for 2009 increased to EUR 47.0 mn from EUR 6.6 mn in 2008 .
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The business development initiatives in North America are headed by Lynn Shanahan .
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Neste Shipping is the most likely to remain Finnish as the oil sector and its transports are significant for emergency supply .
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The Group aims to increase its net sales and comparable operating profit in 2006 .
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Finnish logistics and information solutions provider Done Solutions Corporation ( OMX Helsinki : DSO1V ) reported on Wednesday ( 29 October ) an operating profit of EUR3 .6 m on net sales of EUR35 .1 m for the period January-September 2008 .
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And the broker repeated its ` buy ' rating , based on expectations that current restructuring will lead to a clear improvement in performance in Europe in 2007 .
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`` My wife is looking forward to getting a paycheck again , '' he quipped recently as a six-knot current swirled around his anchored and heavily sponsored jet sled .
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For the full 2010 the company expects its net sales and operating result to improve from the previous year , saying that a positive operating result and its amount will depend on the order intake by the end of the summer .
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The shipyard hopes the regional government in Andalusia can offer its some form of financial support .
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The company expects sales revenue of RMB8 .0 billion in 2009 .
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In Russia , Raisio 's Food Division 's home market stretches all the way to Vladivostok .
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Jobs will not be transferred from Finland , however .
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Finnish industrial investor Panostaja Oyj OMX Helsinki : PNAAS OMX Helsinki : PNABS said on Friday 11 July that it has signed a deal to acquire the entire share capital of Kospa Oy , the manufacturer of waste disposal equipment .
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Equipment will be manufactured in Vaahto 's workshop in Hollola , Finland and is scheduled for shipments during the first quarter of 2009 .
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According to CEO Matti Karppinen , Frozen Foods posted a good result in 2010 , as it did in 2009 .
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In addition to fireplace exports , demand for lining stone has exceeded the level of the earlier part of the year and will continue to be clearly brisker for the remainder of the year .
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Finnish investment group Neomarkka Oyj ( HEL : NEMBV ) said today that it will buy the former production facilities of Kuitu Finland Ltd , as part of negotiations on the option to invest in specialty cellulose fiber business .
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The newly-completed Allure of the Seas and its identical sister ship , Oasis of the Seas , which was completed last year are the world 's largest cruise ships .
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On Dec. 1 , Grimaldi acquired 1.5 million shares and a 50.1-percent stake in Finnlines .
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The proposal by the Board of Directors on the issuance of option rights will otherwise correspond to the proposal by the Board of Directors in the Notice to the General Meeting .
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In addition to Russia , we now seek additional growth in Ukraine .
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Operating profit rose to EUR 13.1 mn from EUR 8.7 mn in the corresponding period in 2007 representing 7.7 % of net sales .
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The study was not designed to enable formal statistical evaluation of therapeutic activity , the company said .
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Amanda said that it had already made a USD5 .0 m investment commitment in Russia Partners II fund in July 2005 .
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According to an posted by the World Intellectual Property Organization : `` The present invention relates to hydrocarbons and particularly to the manufacture of hydrocarbon components suitable as aviation fuels or jet fuels and as blending stocks for aviation fuels .
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Janno Reiljan , a member of the Eesti Energia supervisory board , said the owners of Narva Power Grid had informed Eesti Energia about their wish to sell .
1neutral
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Comparable operating profit decreased to EUR 13.8 mn from EUR 17.1 mn in the corresponding period in 2005 .
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Russia wants to utilise its huge forest reserves in a very different way from what has been done so far .
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`` These developments partly reflect the government 's higher activity in the field of dividend policy . ''
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UNC Charlotte would also deploy SSH Tectia Connector to enable secure application connectivity .
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Favourable currency rates also contributed to higher net sales , '' CEO Kari Kauniskangas said .
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The program included operational improvements and reductions in personnel , mainly in the Netherlands .
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