Tuesday's updates on Nordic Business...

Nordic markets are securing bases... 

1) SinterCast secures new order for commercial vehicle series production installation
• Major European commercial vehicle OEM orders SinterCast process control technology
• SinterCast System 3000 to be installed in captive foundry during first quarter of 2013
• Product development and series production of heavy-duty CGI cylinder blocks
(http://www.sintercast.com/corporate)

2) According to Statistics Finland, the wages and salaries sum of the whole economy was 2.3 per cent greater in the past October to December period than in the corresponding period twelve months earlier. In December alone, the wages and salaries sum of the whole economy fell by 0.8 per cent year-on-year. In the October to December period one year ago, the wages and salaries sum grew by 3.4 per cent.

3) Ericsson sign USD 1 billion managed services contract for wireline and wireless networks for North and West India
• Covers 100,000 km of fiber and mobile infrastructure in 11 telecom circles, across North and West of India, including Delhi and Mumbai
• Will lead to productive integration of 5,000 employees by moving them to Ericsson - providing them global opportunities
• Integrated management to deliver world class customer experience using global expertise and bringing in operational efficiencies and cost optimization


4) Swedish Orphan Biovitrum
- Recombinant Fc fusion proteins show potential to transform care by providing long-lasting protection from bleeding with fewer injections than the current standard of care -
Biogen Idec (NASDAQ: BIIB) and Swedish Orphan Biovitrum (Sobi) (STO: SOBI) released data that confirmed the ability of investigational recombinant factors VIII Fc fusion protein (rFVIIIFc) and IX Fc fusion protein (rFIXFc) to provide long-lasting protection from bleeding with fewer injections than are required with the current standard of care for people with hemophilia. The data, from the largest phase 3 registrational studies conducted in hemophilia to date, were presented this week at the 6th Annual Congress of the European Association for Haemophilia and Allied Disorders (EAHAD).


5) Presentation of Telenor's fourth quarter results 2012. Telenor will present its financial results for the fourth quarter 2012 on Wednesday 13 February 2013 at 09:00 hrs Norwegian time/CET. The presentation, which will also be broadcast live over the Internet, will be held in Auditorium Voice, Telenor Expo Visitor Centre at Fornebu near Oslo. The figures will be published on Telenor's website at 07:00 CET. CEO Jon Fredrik Baksaas and CFO Richard Olav Aa will present the results. The presentation will be held in English.