Daily Archives: 22, June 2017

Aalborg University: Virtual Reality can relieve the sensation of phantom limb pain

AALBORG, 22-Jun-2017 — /EuropaWire/ — Virtual Reality can relieve the sensation of phantom limb pain. A new test devised by researchers at Aalborg University shows that VR technology can trick the amputee’s brain into thinking that it is still in control … Read the full press release

Royal Philips to acquire US-based medical device company Electrical Geodesics, Inc.

AMSTERDAM, 22-Jun-2017 — /EuropaWire/ — Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced an agreement to acquire Electrical Geodesics, Inc. (EGI), a US-based medical device company that designs, develops and commercializes a range of non-invasive … Read the full press release

Stora Enso shuts down its paper machine 8 (PM8) at Kvarnsveden Mill in Sweden

HELSINKI, 22-Jun-2017 — /EuropaWire/ — In February 2017, Stora Enso announced that it planned to permanently shut down paper machine 8 (PM8) at Kvarnsveden Mill in Sweden due to structural weakening of magazine paper demand in Europe. Co-determination negotiations with employees … Read the full press release

Varma Mutual Pension Insurance Company now owns less than 5% of Stora Enso’s shares

HELSINKI, 22-Jun-2017 — /EuropaWire/ — Stora Enso Oyj received on 21 June 2017 a notification under the Chapter 9, Section 10 of the Securities Markets Act, according to which the holdings of Varma Mutual Pension Insurance Company in Stora Enso’s shares … Read the full press release

Skanska signs with New York City Transit to renovate four subway stations

STOCKHOLM, 22-Jun-2017 — /EuropaWire/ — Skanska has signed a contract with New York City Transit for the improvements at four subway stations along the Astoria Line in the Borough of Queens in New York City, USA. The contract is worth USD … Read the full press release

Skanska sold the office building Five in Prague, Czech Republic to a real estate fund

STOCKHOLM, 22-Jun-2017 — /EuropaWire/ — Skanska has sold the office building Five in Prague, Czech Republic, to a real estate fund managed by TRIUVA Kapitalverwaltungsgesellschaft for EUR 50M, about SEK 480M. The transaction will be recorded by Skanska Commercial Development Europe … Read the full press release