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SEB and Nasdaq to Build Blockchain for Swedish Mutual Fund Market

SEB and Nasdaq to Build Blockchain for Swedish Mutual Fund Market

STOCKHOLM, Sweden, Sept. 27 (Korea Bizwire) — SEB, the Nordic financial services group, and Nasdaq, Inc. (Nasdaq:NDAQ) have announced a joint project to test a developed prototype for a  mutual fund trading platform based on blockchain technology. The aim is to increase efficiency in the processing of purchases and sales of fund units and to create a [...]

‘Descendants of the Sun’ to be Exported to Over 27 Countries

‘Descendants of the Sun’ to be Exported to Over 27 Countries

SEOUL, March 24 (Korea Bizwire) - South Korean TV sensation “Descendants of the Sun” has been exported to 27 countries and the number is set to grow, its production company said Wednesday. Next Entertainment World said that the burgeoning attention the drama has been attracting overseas raised the possibility of sealing more broadcasting contracts in the [...]

Electrolux Selects Nasdaq’s BWise for GRC Efforts

Electrolux Selects Nasdaq’s BWise for GRC Efforts

STOCKHOLM, Sweden and NEW YORK, Jul. 15 (Korea Bizwire) — Nasdaq’s BWise (Nasdaq:NDAQ), a global leader in enterprise Governance, Risk Management and Compliance (eGRC), announced today that it has been selected by Electrolux, a global leader in home and professional appliances with headquarters in Stockholm. Electrolux will begin using the integrated GRC platform by initially [...]

New Swivel Seat Improves Car Safety for People with Disabilities

New Swivel Seat Improves Car Safety for People with Disabilities

STENKULLEN, Sweden, Jul. 8 (Korea Bizwire) — Autoadapt, Swedish manufacturer of vehicle adaptation solutions, now  introduces a new version of their Turny Evo, the first of two new swivel seats from Autoadapt to hit the market this year.  The key feature of the Turny Evo, helping both drivers and passengers to get seated, remains the [...]

Oasmia’s Lead Cancer Product Paclical® Receives Market Approval in the Russian Federation

Oasmia’s Lead Cancer Product Paclical® Receives Market Approval in the Russian Federation

UPPSALA, Sweden, Apr. 20 (Korea Bizwire) — Paclical, a novel formulation of paclitaxel based on Oasmia’s XR-17 technology, was approved for treatment of (i.e., it received market authorization for) epithelial ovarian cancer in combination with carboplatin. XR-17 is non-toxic and forms water soluble nanoparticles with paclitaxel. “After many years of significant efforts by everyone involved [...]

Conditions for First Part of the Transaction Between Eolus and ewz Fulfilled

Conditions for First Part of the Transaction Between Eolus and ewz Fulfilled

HASSLEHOLM, Sweden, Jan. 20, 2015 (Korea Bizwire) — All conditions for the completion of the first part of the transaction that Eolus has signed with ewz regarding the sale of 29 wind turbines have been fulfilled and the buyer have taken over the wind farms Ramsnas, Alered and Mungserod. In conjunction with the takeover Eolus [...]

Eolus Sells 29 Wind Turbines to ewz

Eolus Sells 29 Wind Turbines to ewz

HASSLEHOLM, Sweden, Jan. 19, 2015 (Korea Bizwire) — Today Eolus signed an agreement with ewz, an electric utility enterprise, for the sale of 29 wind turbines in south western Sweden for EUR 95 million. As part of the agreement Eolus has been entrusted to provide technical services to ewz for a period of twelve years [...]