ARTICLES TAGGED WITH "Ewa Wassberg"

Share Price Drop for Balder After Rating Blow: "Creates an Uncertainty"

Sweden Sweden — On Wednesday, Balder received a lowered credit rating from the rating institute Moody's, to Ba1 from previously Baa3, while the outlook for the rating is considered stable. The announcement caused Balder to fall five percent on the stock market and took many other real estate companies with it in the decline. Handelsbanken's analyst Johan Edberg tells Nordic Property News that the rating announcement was expected but that it has a signal value and can create long-term uncertainty around Balder. Balder on the other hand believe that Moody's report contains "factual deficiencies".

Ewa Wassberg Appointed New Head of Finance at Balder

Sweden Sweden — Balder has appointed Ewa Wassberg as the new Head of Finance. She joins Balder from Fabege and replaces Marcus Hansson, who left the company due to the ruling regarding insider trading in the Collector share.