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Pareto repeats Hold on Norsk Hydro, cuts price target to NOK 90

Pareto repeats its Hold rating on Norwegian aluminium producer Norsk Hydro and cuts the price target to NOK 90 from NOK 94. The brokerage believes the market is likely heading toward a surplus in 2027 as new capacity comes on stream while demand is under pressure in, among other areas, the European automotive industry. Pareto […]

Scandi Standard’s Portuguese major shareholder buys shares for SEK 2.4 million

Poultry company Scandi Standard’s Portuguese major shareholder Grupo Lusiaves continues to increase its ownership. On 21 September, the company bought 14,332 shares at a price of SEK 169.66 per share. The purchase amounted to approximately SEK 2.4 million. This is shown by the Swedish Financial Supervisory Authority’s insider register. Grupo Lusiaves is related to board […]

Bernstein downgrades Deutsche Telekom and Tele2 to market perform

Bernstein takes a cautious view of the European telecom sector and downgrades German telecom giant Deutsche Telekom and Swedish Tele2 to market perform, from outperform, while Elisa and Telia are rated underweight. Bloomberg News reports. Deutsche Telekom is weighed down, among other things, by competition in the German fixed-line market and reports of a possible […]

Skanska sells H2Offices phase in Budapest for SEK 1.1 billion

Construction company Skanska is selling the second phase of the H2Offices office complex in Budapest for EUR 98 million, equivalent to approximately SEK 1.1 billion. The buyer is ERSTE Open-Ended Real Estate Investment Fund. The transaction will be recognized under Skanska Commercial Property Development Europe in the third quarter of 2026, while closing is scheduled […]

Sources: US intelligence reportedly warns of new Russian drone attacks in Europe

According to US intelligence assessments, Russia is preparing an escalation involving drones targeting countries around the Mediterranean. El Mundo reports this, citing intelligence information and an anonymous source close to Lithuania’s Ministry of Defence. According to the information, drones could be launched from ships and concealed in containers. The newspaper describes the plans against the […]

Elliptic Laboratories expands agreement with existing mobile customer

Elliptic Laboratories has expanded an existing software licensing agreement with a smartphone manufacturer. The expansion covers two new mobile projects in 2026 that will use the company’s AI Virtual Proximity Sensor Inner Beauty. The agreement also creates a framework that enables the customer to add future models through written notification.

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