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21st Austria weekly - Palfinger, Wolftank, Immofinanz/S Immo, Valneva, Andritz (26/10/2023)

29.10.2023

Palfinger: As Palfinger constantly drives forward towards the digitalization of its entire product offering and value chain, the technology company has reached a significant milestone in its commitment to revolutionize the maritime industry. Together with Aker BP and Optilift the future of handling cargo will be changed significantly. Under the umbrella of this strategic partnership, Palfinger and Optilift will collaborate to co-develop and integrate Optilift's advanced technology into the control systems of offshore cranes. This collaboration will continue through the technology qualification process until the product is market-ready, coinciding with the commencement of production at Aker BP installations in 2027. In addition to the offshore crane market, the agreement also secures exclusivities for all Palfinger products in the marine industry, where Palfinger and Optilift see a wealth of opportunities. Combining the technologies of both companies will create synergies to generate further market leading solutions. Furthermore, Optilift will have the opportunity to explore joint business cases with respect to Palfinger's serially produced units on land-based applications, thereby significantly scaling their technology. Palfinger’s contract with Aker BP includes delivering seven cranes to their platforms, five of which will be fully remote operated from an onshore control room in Stavanger, Norway.
Palfinger: weekly performance: 0.48%

S Immo/Immofinanz: Immofinanz has successfully sold further properties on the Wienerberg in Vienna to S Immo. This portfolio covers five office properties and a hotel tower with approximately 81,000 sqm of gross lettable area. Management and leasing of these properties, most of which are operated under the innovative myhive brand, will continue to be carried out by Immofinanz.
S Immo: weekly performance: -1.85%
Immofinanz: weekly performance: 0.87%

Valneva: Austrian/French specialty vaccine company Valneva announced the submission of a marketing application with the European Medicines Agency (EMA) for approval of the Company’s single-shot chikungunya vaccine candidate, VLA1553. Valneva was also granted accelerated assessment for the application by EMA’s Committee for Medicinal Products for Human Use (CHMP) based on the vaccine candidate’s “major interest for public health and therapeutic innovation”. If approved, VLA1553 could become the first licensed chikungunya vaccine available to address this unmet medical need.
Valneva: weekly performance: -3.37%

Andritz: International technology group Andritz has signed an agreement with Flowserve Corporation based in Texas, USA, to take over its NAF AB business. NAF AB engineers, designs and builds Flowserve’s NAF control valve portfolio. With 50 employees at the facility in Linköping, Sweden, it has been a successful provider of process control valves for more than 100 years. The closing is expected to take place in Q1 2024.
Andritz: weekly performance: -2.18%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (26/10/2023)


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latest 21st Austria

21st Austria weekly - Palfinger, Wolftank, Immofinanz/S Immo, Valneva, Andritz (26/10/2023)


29.10.2023, 3067 Zeichen



Palfinger: As Palfinger constantly drives forward towards the digitalization of its entire product offering and value chain, the technology company has reached a significant milestone in its commitment to revolutionize the maritime industry. Together with Aker BP and Optilift the future of handling cargo will be changed significantly. Under the umbrella of this strategic partnership, Palfinger and Optilift will collaborate to co-develop and integrate Optilift's advanced technology into the control systems of offshore cranes. This collaboration will continue through the technology qualification process until the product is market-ready, coinciding with the commencement of production at Aker BP installations in 2027. In addition to the offshore crane market, the agreement also secures exclusivities for all Palfinger products in the marine industry, where Palfinger and Optilift see a wealth of opportunities. Combining the technologies of both companies will create synergies to generate further market leading solutions. Furthermore, Optilift will have the opportunity to explore joint business cases with respect to Palfinger's serially produced units on land-based applications, thereby significantly scaling their technology. Palfinger’s contract with Aker BP includes delivering seven cranes to their platforms, five of which will be fully remote operated from an onshore control room in Stavanger, Norway.
Palfinger: weekly performance: 0.48%

S Immo/Immofinanz: Immofinanz has successfully sold further properties on the Wienerberg in Vienna to S Immo. This portfolio covers five office properties and a hotel tower with approximately 81,000 sqm of gross lettable area. Management and leasing of these properties, most of which are operated under the innovative myhive brand, will continue to be carried out by Immofinanz.
S Immo: weekly performance: -1.85%
Immofinanz: weekly performance: 0.87%

Valneva: Austrian/French specialty vaccine company Valneva announced the submission of a marketing application with the European Medicines Agency (EMA) for approval of the Company’s single-shot chikungunya vaccine candidate, VLA1553. Valneva was also granted accelerated assessment for the application by EMA’s Committee for Medicinal Products for Human Use (CHMP) based on the vaccine candidate’s “major interest for public health and therapeutic innovation”. If approved, VLA1553 could become the first licensed chikungunya vaccine available to address this unmet medical need.
Valneva: weekly performance: -3.37%

Andritz: International technology group Andritz has signed an agreement with Flowserve Corporation based in Texas, USA, to take over its NAF AB business. NAF AB engineers, designs and builds Flowserve’s NAF control valve portfolio. With 50 employees at the facility in Linköping, Sweden, it has been a successful provider of process control valves for more than 100 years. The closing is expected to take place in Q1 2024.
Andritz: weekly performance: -2.18%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (26/10/2023)



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