News

Scandinavian House to Acquire Swedish Kiwiline Fastigheter AB

Scandinavian House Development SA (“SHSA” or the “Company”) has signed a letter of intent on June 17th 2015 to buy Swedish building and development company Kiwiline Fastigheter AB (“Kiwiline”) pursuant to due diligence procedures. The price for this projected acquisition shall be determined based on the results of an independent company evaluation. Kiwi is fully owned by the Bramstedt family. The current management of Kiwiline shall remain on board and guarantee the continuation of the creative and unique home and building design competences of the company. Kiwiline has developed ecological, sustainable and movable concept houses and modules with own design in particular for people who love
nature and have an active lifestyle. Over the last few years Kiwiline has negotiated housing project development partnerships with several Swedish golf courses. Göran Lindberg, Director of SHSA underlines: This is one step in the strategy to make our company more independent and stronger for using in-house designed quality products in the coming projects. We are looking forward to a successful and dynamic partnership with Kiwiline and its team under the roof of Scandinavian House”.

2015-06-28

Contact:

SCANDINAVIAN HOUSE DEVELOPMENT SA
Route d’Oron 2, 1010 Lausanne, Switzerland
E-Mail: info@scandinavianhouse.net
Internet: www.scandinavianhouse.net
Exchange: NYSE Euronext Paris
Market: Marché Libre
ISIN: CH0220529603
Symbol : MLSHD

Disclaimer; Forward-Looking Statements:

This announcement or any other statement from SCANDINAVIAN HOUSE DEVELOPMENT SA contains forward-looking statements that are based on assumptions and estimations of SCANDINAVIAN HOUSE DEVELOPMENT SA. Words such as “estimate,” “expect“, “plan,” “project” and “will” and similar expressions identify such forward-looking statements. The actual results may differ substantially from such assumptions and estimations caused by various factors. These forward-looking statements speak only as of their dates and have been reasonable at that time. SCANDINAVIAN HOUSE DEVELOPMENT SA undertakes no obligation to publicly update or revise any forward-looking statements. This or any other statement from SCANDINAVIAN HOUSE DEVELOPMENT SA does not constitute an offer or a solicitation of an offer for the purchase or sale or subscription of any securities of SCANDINAVIAN HOUSE DEVELOPMENT SA in Germany, Switzerland or any other country. This statement constitutes pure information about the company. Each and any investment into securities, particularly into shares of young companies like SCANDINAVIAN HOUSE DEVELOPMENT SA, bears high risks including a total loss of the invested amount. Potential investors generally should consult a qualified advisor before taking any investment decision at all.

Announcements

Scandinavian House manufactures for Swedish Preschool

Scandinavian House has signed a contract with PCS Projektservice AB for the manufacturing and delivery of construction modules for a new preschool south of Stockholm, Sweden. PCS Projectservice AB, located in Stockholm, Sweden, is a long-term project partner and one of the largest contractors of Scandinavian House. The size of the production area covers to 720 square meter of highly insulation construction modules. The order value of this contract amounts to EUR 500.000.

2014-07-08

Contact:

SCANDINAVIAN HOUSE DEVELOPMENT SA
Route d’Oron 2, 1010 Lausanne, Switzerland
E-Mail: info@scandinavianhouse.net
Internet: www.scandinavianhouse.net
Exchange: NYSE Euronext Paris
Market: Marché Libre
ISIN: CH0220529603
Symbol : MLSHD

 

Disclaimer; Forward-Looking Statements:

This announcement or any other statement from SCANDINAVIAN HOUSE DEVELOPMENT SA contains forward-looking statements that are based on assumptions and estimations of SCANDINAVIAN HOUSE DEVELOPMENT SA. Words such as “estimate,” “expect“, “plan,” “project” and “will” and similar expressions identify such forward-looking statements. The actual results may differ substantially from such assumptions and estimations caused by various factors. These forward-looking statements speak only as of their dates and have been reasonable at that time. SCANDINAVIAN HOUSE DEVELOPMENT SA undertakes no obligation to publicly update or revise any forward-looking statements. This or any other statement from SCANDINAVIAN HOUSE DEVELOPMENT SA does not constitute an offer or a solicitation of an offer for the purchase or sale or subscription of any securities of SCANDINAVIAN HOUSE DEVELOPMENT SA in Germany, Switzerland or any other country. This statement constitutes pure information about the company. Each and any investment into securities, particularly into shares of young companies like SCANDINAVIAN HOUSE DEVELOPMENT SA, bears high risks including a total loss of the invested amount. Potential investors generally should consult a qualified advisor before taking any investment decision at all.  

Announcements

Scandinavian House now listed on NYSE Euronext Paris

Scandinavian House Development SA (“Scandinavian House” or the “Company”) is very pleased to announce that the shares of the company are successfully listed and traded at the Marché Libre market of the NYSE Euronext Paris through a direct listing procedure. The initial listing day took place on June 16th 2014 with an opening price of EUR 2.98. Scandinavian House has issued a total of 3,440,000 shares with a nominal value of CHF 1.25 per share. The share capital of the company is at CHF 4,300,000. All outstanding shares have been registered are free to trade. Thus the total market capitalization of the company at IPO date amounts to EUR 10,251,200.

Marco Zanatti, President and Chairman of the Board of Directors comments:”We are very satisfied with the result of our IPO. By this important step, the company enters into a new part of its long-term growth strategy. We are looking forward to a successful partnership with all of our current and new shareholders. In particular we want to thank our French Broker NFinance Securities and consulting company Korsair Management GmbH from Berlin, Germany, for their great support and guidance in the preparation and during the entire filing process.”

2014-07-02

Contact:

SCANDINAVIAN HOUSE DEVELOPMENT SA
Route d’Oron 2, 1010 Lausanne, Switzerland
E-Mail: info@scandinavianhouse.net
Internet: www.scandinavianhouse.net
Exchange: NYSE Euronext Paris
Market: Marché Libre
ISIN: CH0220529603
Symbol : MLSHD

 

Disclaimer; Forward-Looking Statements:

This announcement or any other statement from SCANDINAVIAN HOUSE DEVELOPMENT SA contains forward-looking statements that are based on assumptions and estimations of SCANDINAVIAN HOUSE DEVELOPMENT SA. Words such as “estimate,” “expect“, “plan,” “project” and “will” and similar expressions identify such forward-looking statements. The actual results may differ substantially from such assumptions and estimations caused by various factors. These forward-looking statements speak only as of their dates and have been reasonable at that time. SCANDINAVIAN HOUSE DEVELOPMENT SA undertakes no obligation to publicly update or revise any forward-looking statements. This or any other statement from SCANDINAVIAN HOUSE DEVELOPMENT SA does not constitute an offer or a solicitation of an offer for the purchase or sale or subscription of any securities of SCANDINAVIAN HOUSE DEVELOPMENT SA in Germany, Switzerland or any other country. This statement constitutes pure information about the company. Each and any investment into securities, particularly into shares of young companies like SCANDINAVIAN HOUSE DEVELOPMENT SA, bears high risks including a total loss of the invested amount. Potential investors generally should consult a qualified advisor before taking any investment decision at all.  

Announcements

Collaboration Agreement between Property Company Relier and Scandinavian House

Scandinavian House Development SA (“Scandinavian House” or the “Company”) has signed a collaboration agreement with Relier Stockholm AB, which is part of the large Swedish real estate and project development broker group Relier Advisors. The cooperation will be conducted through Scandinavian House´s factory from Bålsta, Sweden. Relier Stockholm AB will market Scandinavian House’s low cost and saving energy construction concept to their clients, both excisting and new ones, mainly for industrial buildings and residential apartments in the area of Stockholm and up north Sweden.

Relier Stockholm’s CEO Peter Wierth is looking forward and is exciting about this collaboration. Furthermore he believes that this first agreement is just a start and it has the potential to open up several other investment opportunities both for Relier, but also for the concern Scandinanavian House Development SA throughout the European energy saving construction market.

Göran Lindberg, Director of Scandinavian House emphasizes: “The collaboration with Relier Stockholm AB opens up a huge opportunity for us to market our ecological buildings to the professional customers in the strongly growing Swedish property market. We are looking forward to establish a long-term and for both companies prosperous partnership.”

Scandinavian House Development SA
Scandinavian House Development SA is a Swedish-Swiss construction company with a strong commitment to ecology, sustainability and economic efficiency. The Company strives to realize modern buildings in various types and forms. All building types of Scandinavian House are characterized by its highly insulating construction method and material, the quick building time, very low energy consumption and individual architectural design opportunities enabled by its in-house manufactured and state-of-the-art construction modules.

2014-06-10

Contact:

SCANDINAVIAN HOUSE DEVELOPMENT SA
Route d’Oron 2, 1010 Lausanne, Switzerland
E-Mail: info@scandinavianhouse.net
Internet: www.scandinavianhouse.net

 

Disclaimer; Forward-Looking Statements:

This announcement or any other statement from SCANDINAVIAN HOUSE DEVELOPMENT SA contains forward-looking statements that are based on assumptions and estimations of SCANDINAVIAN HOUSE DEVELOPMENT SA. Words such as “estimate,” “expect“, “plan,” “project” and “will” and similar expressions identify such forward-looking statements. The actual results may differ substantially from such assumptions and estimations caused by various factors. These forward-looking statements speak only as of their dates and have been reasonable at that time. SCANDINAVIAN HOUSE DEVELOPMENT SA undertakes no obligation to publicly update or revise any forward-looking statements. This or any other statement from SCANDINAVIAN HOUSE DEVELOPMENT SA does not constitute an offer or a solicitation of an offer for the purchase or sale or subscription of any securities of SCANDINAVIAN HOUSE DEVELOPMENT SA in Germany, Switzerland or any other country. This statement constitutes pure information about the company. Each and any investment into securities, particularly into shares of young companies like SCANDINAVIAN HOUSE DEVELOPMENT SA, bears high risks including a total loss of the invested amount. Potential investors generally should consult a qualified advisor before taking any investment decision at all.  

Announcements

Large Industrial Building Project in Negotiations

Scandinavian House Development SA (“Scandinavian House” or the “Company”) is negotiating a big order from swedish Draget Gruppen AB (www.dragetgruppen.se) for three industrial buildings. The delivery time is scheduled for 2014. The calculated turnover for all three buildings amounts to approx. EUR 2.5 Million. The contract for the first building is expected to be signed in April. Draget Gruppen AB is a Swedish construction company with a focus on development and owning industrial buildings mainly in are west of Stockholm. Draget Gruppen AB is an affiliate and shareholder of Scandinavian House.

2014-04-08

Contact:

SCANDINAVIAN HOUSE DEVELOPMENT SA
Route d’Oron 2, 1010 Lausanne, Switzerland
E-Mail: info@scandinavianhouse.net
Internet: www.scandinavianhouse.net

 

Disclaimer; Forward-Looking Statements:

This announcement or any other statement from SCANDINAVIAN HOUSE DEVELOPMENT SA contains forward-looking statements that are based on assumptions and estimations of SCANDINAVIAN HOUSE DEVELOPMENT SA. Words such as “estimate,” “expect“, “plan,” “project” and “will” and similar expressions identify such forward-looking statements. The actual results may differ substantially from such assumptions and estimations caused by various factors. These forward-looking statements speak only as of their dates and have been reasonable at that time. SCANDINAVIAN HOUSE DEVELOPMENT SA undertakes no obligation to publicly update or revise any forward-looking statements. This or any other statement from SCANDINAVIAN HOUSE DEVELOPMENT SA does not constitute an offer or a solicitation of an offer for the purchase or sale or subscription of any securities of SCANDINAVIAN HOUSE DEVELOPMENT SA in Germany, Switzerland or any other country. This statement constitutes pure information about the company. Each and any investment into securities, particularly into shares of young companies like SCANDINAVIAN HOUSE DEVELOPMENT SA, bears high risks including a total loss of the invested amount. Potential investors generally should consult a qualified advisor before taking any investment decision at all.  

Announcements

New Order for Apartment House in Central Sweden

Scandinavian House Development SA (“Scandinavian House” or the “Company”) has received an additional order to manufacture and deliver construction modules for a family building consisting of four apartments. The building will be located in Borlänge, Central Sweden. Developer of this real estate project is Stockholm based PCS Projektservice AB, a long-term partner and affiliate to Scandinavian House and it´s swedish factory in Bålsta. Calculated order volume is EUR 385,000.

2014-04-07

Contact:

SCANDINAVIAN HOUSE DEVELOPMENT SA
Route d’Oron 2, 1010 Lausanne, Switzerland
E-Mail: info@scandinavianhouse.net
Internet: www.scandinavianhouse.net

 

Disclaimer; Forward-Looking Statements:

This announcement or any other statement from SCANDINAVIAN HOUSE DEVELOPMENT SA contains forward-looking statements that are based on assumptions and estimations of SCANDINAVIAN HOUSE DEVELOPMENT SA. Words such as “estimate,” “expect“, “plan,” “project” and “will” and similar expressions identify such forward-looking statements. The actual results may differ substantially from such assumptions and estimations caused by various factors. These forward-looking statements speak only as of their dates and have been reasonable at that time. SCANDINAVIAN HOUSE DEVELOPMENT SA undertakes no obligation to publicly update or revise any forward-looking statements. This or any other statement from SCANDINAVIAN HOUSE DEVELOPMENT SA does not constitute an offer or a solicitation of an offer for the purchase or sale or subscription of any securities of SCANDINAVIAN HOUSE DEVELOPMENT SA in Germany, Switzerland or any other country. This statement constitutes pure information about the company. Each and any investment into securities, particularly into shares of young companies like SCANDINAVIAN HOUSE DEVELOPMENT SA, bears high risks including a total loss of the invested amount. Potential investors generally should consult a qualified advisor before taking any investment decision at all.  

Announcements

Update Order Volume and Outlook 2014

Scandinavian House Development SA (“Scandinavian House” or the “Company”) wants to inform its shareholders that the company has successfully signed contracts in its order book of around 6 million CHF value. These orders will be fabricated and delivered in 2014 whereby a large part will be delivered during the second quarter of the coming year. These orders include seven houses with five apartments in each house, located in famous Swedish ski resort Åre.

In addition to the signed orders, Scandinavian House is currently in negotiations for additional offers at a value of approx. CHF 11 million. These offers under negotiation include one big costumer for up to 156 small apartments with a contract value of CHF 5 million. The other offers are projects like preschools and student homes, smaller apartments. Scandinavian House expects that in particular these markets could show a large and long-term growing demand for the types of buildings which our Company is specialized in.


Contact:

SCANDINAVIAN HOUSE DEVELOPMENT SA
Route d’Oron 2, 1010 Lausanne, Switzerland
E-Mail: info@scandinavianhouse.net
Internet: www.scandinavianhouse.net

 

Disclaimer; Forward-Looking Statements:

This announcement or any other statement from SCANDINAVIAN HOUSE DEVELOPMENT SA contains forward-looking statements that are based on assumptions and estimations of SCANDINAVIAN HOUSE DEVELOPMENT SA. Words such as “estimate,” “expect“, “plan,” “project” and “will” and similar expressions identify such forward-looking statements. The actual results may differ substantially from such assumptions and estimations caused by various factors. These forward-looking statements speak only as of their dates and have been reasonable at that time. SCANDINAVIAN HOUSE DEVELOPMENT SA undertakes no obligation to publicly update or revise any forward-looking statements. This or any other statement from SCANDINAVIAN HOUSE DEVELOPMENT SA does not constitute an offer or a solicitation of an offer for the purchase or sale or subscription of any securities of SCANDINAVIAN HOUSE DEVELOPMENT SA in Germany, Switzerland or any other country. This statement constitutes pure information about the company. Each and any investment into securities, particularly into shares of young companies like SCANDINAVIAN HOUSE DEVELOPMENT SA, bears high risks including a total loss of the invested amount. Potential investors generally should consult a qualified advisor before taking any investment decision at all.  

Announcements

New Portable Dwellings Presented at the Load Up North Fair in Sweden

At the widely renowned industry fair “Load Up North”, which took place in the city of Boden in Northern Sweden from 27 to 29 of September 2013, Scandinavian House Development SA (“Scandinavian House” or the “Company”) and PCS Projektservice AB, a shareholder and strategic business partner of Scandinavian House, have jointly introduced their new and highly attractive solution for portable dwellings. This portable dwelling that is manufactured from special modules produced by Scandinavian House offers unique high energy efficiency compared to any other currently existing dwelling containers.

At the Load Up North fair, Scandinavian House was the only specialized manufacturer of residential building units and therefore received a huge interest from the visitors and other exhibitor. The need for portable and easy-to-build housing solutions particularly in northern Sweden and entire Scandinavia is strongly growing because of the increasing activities of the mining industry. With this new portable dwelling, Scandinavian House and PCS now jointly can offer fast solutions for easy-to-build permanent homes with enduring quality and excellent insulation even in extreme climates.


Contact:

SCANDINAVIAN HOUSE DEVELOPMENT SA
Route d’Oron 2, 1010 Lausanne, Switzerland
E-Mail: info@scandinavianhouse.net
Internet: www.scandinavianhouse.net

 

Disclaimer; Forward-Looking Statements:

This announcement or any other statement from SCANDINAVIAN HOUSE DEVELOPMENT SA contains forward-looking statements that are based on assumptions and estimations of SCANDINAVIAN HOUSE DEVELOPMENT SA. Words such as “estimate,” “expect“, “plan,” “project” and “will” and similar expressions identify such forward-looking statements. The actual results may differ substantially from such assumptions and estimations caused by various factors. These forward-looking statements speak only as of their dates and have been reasonable at that time. SCANDINAVIAN HOUSE DEVELOPMENT SA undertakes no obligation to publicly update or revise any forward-looking statements. This or any other statement from SCANDINAVIAN HOUSE DEVELOPMENT SA does not constitute an offer or a solicitation of an offer for the purchase or sale or subscription of any securities of SCANDINAVIAN HOUSE DEVELOPMENT SA in Germany, Switzerland or any other country. This statement constitutes pure information about the company. Each and any investment into securities, particularly into shares of young companies like SCANDINAVIAN HOUSE DEVELOPMENT SA, bears high risks including a total loss of the invested amount. Potential investors generally should consult a qualified advisor before taking any investment decision at all.  

Scandinavian House Development offers unique design and construction know-how as well as proprietary ready-made building modules for sustainable house construction.