Cargotec Stock Shares Rise Through Stock Options
A total number of 900 new Cargotec class B shares have been subscribed for with stock options 2010A. The entire subscription price of EUR 16,740.00 will be credited to the reserve for invested non-restricted equity. This means that Cargotec's share capital remains unchanged. The amount of class B shares after the subscription is 54,910,709. The corresponding increase in the number of Cargotec shares has been entered into the Finnish trade register on 3 November 2014, as of which date the new shares will establish shareholder rights. The shares will be traded on the NASDAQ OMX Helsinki Ltd together with the old class B shares as of 4 November 2014.
Finland Steel Firms Deal Flagged by Helsinki Bourse
"If the exchange offer for all the shares in Rautaruukki announced by SSAB on 22,January 2014 is completed, the ownership of SSAB in Rautaruukki would, upon the completion of the settlement trades of the shares tendered into the exchange offer by 5, May 2014 (including the acceptance of the exchange offer by Rautaruukki's largest shareholder Solidium Oy, in accordance with the undertaking provided in advance by Solidium Oy) exceed 50 percent of all the shares and voting rights in Rautaruukki. SSAB would, upon the completion of the settlement trades of the shares tendered into the exchange offer by 5 May 2014 gain the hold of 70,639,731 of Rautaruukki's shares, which would equate to 50.40 percent of the total outstanding shares and votes in Rautaruukki.
Ship Power: Out of the Past Comes Wärtsilä's Engine of the Future
Although the well-known Finnish company Wärtsilä has a very long history, it was founded in 1834, the diesel engine era begins when the company signs a license agreement with Friedrich Krupp Germania Werft AG in Germany. The first diesel engine sees the light of day in Turku in November 1942. From there on Wärtsilä passed a number of rapid expansions in all fields of products. Some of the products stayed and some disappeared. The concentration of being a full solution provider for the maritime industry started in the early 2000’s after lots of talks with potential customers worldwide.
Marlink Inks Deal with Neste Oil
Neste Oil extended its VSAT services with Marlink while upgrading its network and on board satellite hardware. As part of the contract extension, Marlink is installing new VSAT antennas on all eight Neste Oil vessels whilst migrating the fleet to the established iDirect platform. The delivery, based on Marlink’s Sealink VSAT services also features multibearer support and the @SEAoptimizer solution, which is designed to enhance the efficiency of satellite data communications, optimize bandwidth utilisation and enhance the performance of web browsing and file transfers.
