Press Releases

Press Releases

 

Pressrelease 2013-05-21

GTech Invest AB acquires part of the Wargön group

Stockholm, May 21, 2013 – GTech Invest AB today announced that it has acquired the energy and environmental divisions of the Wargön group.
The investment is in line with the Company’s current investment and expansion plan. The Wargön companies have been chosen due to their strategic value and cutting edge knowledge in key business areas. There is also a wealth of expertise and experience in the process industry.

We intend to further develop the business and increase the value of the investments made to date, in addition, we will ensure that they will be commercialised and put on the market.

The Wargön companies will continue to have its headquarters in Vargön, municipality of Värnersborg, and will hopefully be able to find synergies with the parts that are not included in GTech Invest AB’s acquisition.

“I am very pleased with the acquisition, now the Wargön companies have the opportunity to develop and grow in a much larger context,”, says Mikael Norrman, CEO of GTech Invest AB, “There is also a clear line in the areas that are now integrated into GTech Invest AB” he adds.

 

For more information:

Per-Göran Carlsson, GTech Invest AB, T: +46 (0) 8 515 100 20,  pg.carlsson@gtechinvest.com

Mikael Norrman, GTech Invest AB, T: +46 (0) 8 515 100 20,  m.norrman@gtechinvest.com
 

 

Pressrelease 2013-05-20

GTech Invest AB reverses TXG Lokomotiv acquisition

Stockholm, May 20, 2013 – GTech Invest AB today announced that it has reversed and terminated the investment in TXG Lokomotiv AB. The company was working on entering the Scandinavian transportation market as an agent for a train manufacturer. The reversal comes after differences of opinions arose between the two company’s management where both parties felt that it was in everyones best interest to reverse the agreements and transactions between them.

“We are pleased that we were managed to exit this transaction without any financial implication for us and our shareholders and allow us to continue and build a sustainable and strong investment portfolio. Despite the difference of opinions that arose, we wish the people at TXG Lokomotiv AB the best of luck in entering the Scandinavian transportation market with their agency” says Per-Göran Carlsson, Chairman of GTech Invest AB.

No direct or other significant expenses was created due to the TXG Lokomotiv AB transaction.

 

For more information:

Per-Göran Carlsson, GTech Invest AB, T: +46 (0) 8 515 100 20,  pg.carlsson@gtechinvest.com

Mikael Norrman, GTech Invest AB, T: +46 (0) 8 515 100 20,  m.norrman@gtechinvest.com
 

 

Pressrelease 2013-03-25

Mikael Norrman appointed CEO of GTech Invest AB
Mikael Norrman fo¨r mail
Mikael Norrman has been appointed new CEO of GTech Invest AB. Michael will continue GTech’s successful efforts in green investments and strengthen GTech’s position.

Mikael Norrman has an M.Sc. from Chalmers and an EMBA from Handels and has extensive experience in executive positions in industry, particularly utilities and energy intensive sector. Among others, Michael was CEO of Vargön Alloys AB as well as Director and Head of Paroc Group.

“Michael will now continue to develop the business in the coming years. He is well placed to drive GTech through its transformation with his experience in both public affairs and large projects and their ability to achieve business goals,” says Per-Göran Carlsson, Chairman.

“GTech has embarked on a process of change with large and exciting projects ahead. I look forward to further this work with GTech’s highly skilled associates” says Mikael Norrman.

 

For more information:

Per-Göran Carlsson, GTech Invest AB, T: +46 (0) 8 515 100 20,  pg.carlsson@gtechinvest.com
 

 

Press Release 2013-02-18

ODP Baltic Region AB (publ) publish brochure

ODPBR today published its brochure regarding its ongoing rights issue. The company seeks to issue up to 200’000 shares for SEK 85.00 per share. The funds will be used to secure the company’s capital requirement for the upcoming year, its ongoing transactions and continue the adaption of the Lyken-system to ongoing discussions regarding commercial installations.

“With our first commercial installations standing around the corner, ODP is entering a very exciting period” says the company’s CEO Maximilian Kylén. “The issue will secure our ongoing transactions and allow us to take our revolutionary product to the next level” he adds.

The rights issue will close latest the 25th of March, pending on the level of subscription. The company’s latest brochure can be found on the company’s website here, or by going to www.odp-group.com/odpbr/tten.pdf

 

For more information, please contact:

Maximilian Kylén, CEO, Ocean Dynamic Power, T: +46 (0) 76 199 3661 mk@odp-group.com

Ove Högfeldt, GTech Invest AB, T: +46 (0) 8 515 100 20, o.hogfeldt@gtechinvest.com
 

 

Press Release 2012-12-06

Notice of Extraordinary General Meeting

The shareholders in Green Technology Invest GTech AB (publ) 556539-5836, is hereby called to an extraordinary general meeting on Friday the 28th of December at 10am at the company’s office on Nybrogatan 11, Stockholm.

Shareholders who wish to participate in the meeting must be recorded in the share register, maintained by Euroclear Sweden AB (formerly VPC AB), before the 20th of December 2012, and notify the Company by fax: +46 (0)735-274947 or by e-mail: info@gtechinvest.com by the 27th of December at 10pm.

Shareholders with nominee-registered shares must, in order to obtain the right to vote at the Meeting, temporarily register them in their own name with Euroclear Sweden AB by the 20th of December 2012.

 

The Board’s proposed agenda for the meeting:

1. Election of Chairman of the Meeting.
2. Preparation and approval of voting list.
3. Approval of the agenda.
4. Selection of the minutes writer, to attest the minutes with the Chairman.
5. Determination of whether the Meeting has been duly convened.
6. Presentation and election to appoint Markus Hellsten, authorised public accountant at Ernst & Young AB, as the company’s new public accountant.
7. Other matters.
8. Closing of the Meeting.

 

For more information:

Per-Göran Carlsson, GTech Invest AB, T: +46 (0) 8 515 100 20,  pg.carlsson@gtechinvest.com
 

 

Press Release 2012-11-08

Björn Svedfelt is appointed CEO of TXG Lokomotiv AB.

TXG Lokomotiv announced today that it has appointed Björn Svedfelt as its new CEO. Mr. Svedfelt has a strong background in marketing and sales at both Ericsson Microwave Systems and Saab Military Aircraft.

“TXG has, with the new exclusive sales rights of Škoda Transportation’s product lines, a strong and broad product portfolio that stands for quality and service. It is for me an exciting opportunity to get to be involved in developing TXG’s future.” said Björn Svedfelt, the new CEO of TXG.

TXG’s former CEO Klaus Knudsen takes the position as Chairman of the Board.

TXG Lokomotive AB is a company active in the Scandinavian transport sector. They own the exclusive rights for the sales of Škoda Transportation’s complete product lines, such as Trains, Trams, Buses, etc, in the Scandinavian market. GTech finalised the purchase of 40% of TXG Lokomotiv on September 7, 2012.

 

For more information:

Klaus Knudsen, TXG Lokomotiv AB, T: +46 (0)70 693 14 99, klaus.knudsen@txg.se
 

 

Press Release 2012-09-07

GTech Invest AB acquires 40% stake in TXG Lokomotiv AB

GTech today announced that it has acquired 40% of TXG Lokomotiv AB. TXG owns the agency for Skoda Transportation’s equipment for all of Scandinavia. See Skoda website www.skoda.cz

“This acquisition not only strengthens our portfolio value but we diversify and become involved in another important area within the green sector, namely transportation. Expansion of rail bound traffic provides an improved environment for both man and nature. Having the opportunity to introduce new rules on an old traditional market with few players will be interesting” said Ove Högfeldt, CEO of GTech. “We are continuing to act as a positive force in the community with our focus on sustainable technology development” he added.

 

For more information:

Ove Högfeldt, GTech Invest AB, T: +46 (0) 8 515 100 20, o.hogfeldt@gtechinvest.com

Klaus Knudsen, TXG Lokomotiv AB, T: +46 (0)70 693 14 99, klaus.knudsen@txg.se
 

 

Press Release 2012-06-13

Notice of Annual General Meeting.

The shareholders of Green Technology Invest GTech AB (publ), 556539-5836, are hereby summoned and invited to the Annual General Meeting on July 12, 2012 at. 11.00. Location: GTech’s office at Nybrogatan 11, Stockholm. Download the information and the agenda (in Swedish) by clicking here.
 

 

Press Release 2012-04-10

GTech Invest AB acquires Matseco AB

Green Technology Invest GTech AB (publ) has acquired 100% of the shares in Matseco AB. The company markets the product system Aircode (based on ionization technology) that solves a number of problem areas in air purification. Customers of Matseco today are ICA, City Gross, Gothenburg harbor, Crocs in the U.S. and others. In 2011, Matseco´s sales totaled 8.6 MSEK, with a profit of 1.9 MSEK. The forecast for 2012 indicates a very strong growth, manifested in an existing backlog that already corresponds to outstripped earnings from last year.

Matseco AB was acquired by an issuance of 1 million GTech shares à 10 SEK to the owner, Mats Nilsson, who remains as CEO.

 

For more information:

Per-Göran Carlsson, GTech Invest AB, T: +46 (0) 8 515 100 20,  pg.carlsson@gtechinvest.com
 

 

Press Release 2012-04-10

Rune Carnbring appointed to GTech Invest AB’s board of directors

GTech today announced that Rune Carnbring has been appointed to the Board of Directors of GTech. Mr Carnbring is adjunct up to the decision of the Annual General Meeting. Carnbring, 68, comes from a successful career with Electrolux, spanning 45 years. Among his most noteworthy achievements is the successful build up the Electrolux household appliance business in Central and Eastern Europe from scratch. In the last years he was responsible as Senior Vice President for Sales in Electrolux Major Appliances Europe, Middle East and Africa. Since retiring from Electrolux late 2011, he has been active as board member and consultant to several companies.

 

For more information:

Per-Göran Carlsson, GTech Invest AB, T: +46 (0) 8 515 100 20,  pg.carlsson@gtechinvest.com
 

 

Press Release 2012-04-10

Carl-Erik Nyquist has been appointed to the Board of Directors of Ocean Dynamic Power Baltic Region AB.

ODP Baltic Region today announced that Carl-Erik Nyquist has been appointed to its Board of Directors. The Company is owned 50 % by Green Technology Invest GTech AB (publ). Mr Nyquist is also appointed adjunct to the Board of Directors of Green Technology Invest GTech AB (publ). Nyquist, 75, has a distinguished career in the energy sector, highlighted by a long term as General Director (1985-1991) and CEO and President of Vattenfall AB (1992-2000), the Swedish State-owned utility conglomerate. After retirement, he has been chairman and is active board member of a number of listed companies, and carry out consultancy assignments to other companies.
 

 

Press Release 2011-10-31

Notice of Extraordinary General Meeting

GTech today calls the shareholders of Green Technology Invest GTech AB (publ), 556539-5836, to an extraordinary general meeting on Tuesday, 29 November 2011 at. 09.00. Location: The Industry and Commerce House (Näringslivets Hus), Storgatan 19, Stockholm, “Merkurius”. Download the agenda by clicking here (in Swedish).

 

For more information:

Per-Göran Carlsson, GTech Invest AB, T: +46 (0) 8 515 100 20,  pg.carlsson@gtechinvest.com
 

 

Press Release 2011-07-05

GTech Invest AB Signs letter of intent with TNG i Ånge AB

GTech today announced that its signed a Letter of Intent regarding TNG i Ånge AB. The intention is that GTech will acquire a 25% stake in TNG from the principal owners. The valuation of the TNG have been made to SEK8m and payment, SEK2m, will be done by 200,000 newly issued shares of GTech, valued at 10 SEK / share. TNG I Ånge AB designs, develops and markets a new, more environmentally friendly train bogie. The company has a patented technology to provide train services with a new kind of silent bogie, equipped with engine and brake-force recovery with battery storage (hybrid).

 

For more information:

Per-Göran Carlsson, GTech Invest AB, T: +46 (0) 8 515 100 20,  pg.carlsson@gtechinvest.com
 

 

Press Release 2011-07-05

Preliminary results of a new issue

Rights Issue in Green Technology Invest GTech AB (publ), where the subscription period expired on 22 June 2011, was signed to about 94%. This means that GTech is supplied about SEK9.3m before transaction costs. Of the total proceeds, around SEK2.8m was signed without precedence.
 

For more information:

Per-Göran Carlsson, GTech Invest AB, T: +46 (0) 8 515 100 20,  pg.carlsson@gtechinvest.com
 

 

Press Release 2011-06-16

GTech Invest AB bids on Chelos

Green Technology Invest GTech AB (publ) owns approximately 24% of capital and votes in Chelos AB and has made an offer to acquire all outstanding shares in the company. Cash paid in newly issued shares, which Chelos shareholders will receive 2 new shares of GTech for every 7 pieces of shares in Chelos. The offer includes about 730,000 shares of GTech to rate 10 SEK, giving the bid a value of about SEK7.3m with a complete valuation of Chelos AB to SEK9.7m. The offer is conditional to GTech receives shares so that ownership will be at least 90%.

Chelos AB operates in the purification of waste water and has a patent on the special treatment of pine bark that absorbs heavy metals during the cleaning process.

 

For more information:

Per-Göran Carlsson, GTech Invest AB, T: +46 (0) 8 515 100 20,  pg.carlsson@gtechinvest.com
 

 

Press Release 2011-06-07

GTech Invest AB publish prospectus

Green Technology Invest GTech AB (publ) is issuing new shares, subscription period June 8 to 22, with preferential rights for existing shareholders. In response to this issue, GTech’s Board has prepared a prospectus, which has been registered and approved by the FSA (The Swedish Financial Authority). Prospectus, subscription application and subscription brochure is available for download below. The prospectus can also be ordered free of charge from GTech.

 

For more information:

Per-Göran Carlsson, GTech Invest AB, T: +46 (0) 8 515 100 20,  pg.carlsson@gtechinvest.com
 

 

Press Release 2011-04-26

Interim report Q1 2011. Download the report by clicking here (in Swedish).
 

 

Press Release 2011-04-06

Minutes Annual General Meeting

Minutes of the Annual General Meeting in Green Technology Invest GTech AB (publ) held in Stockholm on 31 March 2011. Download the protocol by clicking here (in Swedish).
 

 

Press Release 2011-02-25

Notice of the AGM

The shareholders of Purity AB (publ), changing its name to Green Technology Invest GTech AB (publ), 556539-5836, will be held on Thursday 31 March 2011 at. 14.30. Location: Teknikhöjden, Björnnäsvägen 21, Stockholm. Download the agenda by clicking here (in Swedish).
 

 

Press Release 2011-02-18

Extraordinary General Meeting of Purity AB (publ).
At an Extraordinary General Meeting February 17, 2011 meeting decided to Purity AB (publ) may change its name to Green Technology Invest GTech AB (publ) while maintaining their corporate identity and elected a new board.