Nordic and Baltic Regions
GlobeNewswire's presence in the Nordic region comes from the integration of Company News Service. Company News Service was started on February 19, 2007, as a result of the European Transparency Directive which was implemented across Europe in 2007.
The aim of the Transparency Directive was promote a high level of market transparency, which included broad dissemination of public company press releases across Europe.
For many years, the local exchanges that made up the former OMX Nordic Exchange, now part of NASDAQ OMX, were responsible for receiving and distributing the material news of their listed companies.
It was therefore a natural step to harmonize the disparate country-specific services and launch a unified service for all listed companies in the Nordic region. Today, GlobeNewswire is the leading provider of dissemination services in the Nordic and Baltic region.
Distribution Services
The distribution service of GlobeNewswire is tailor-made for listed companies in the Nordic and Baltic region. Through GlobeNewswire, listed companies are able to fulfill exchange filling requirements as well as those of other authorities through our extensive distribution locally and across Europe.
The main distribution channel, reaching approximately 500.000 recipients through key media and data vendors such as Reuters and Bloomberg is the Market Data feed, which also distributes stock price data.
This high-end, stand-alone solution is not dependant on the internet for transmission, which means it is delivered with extremely low latency and a high degree of reliability. In addition, news releases are sent to the trading platforms of NASDAQ OMX Nordic, adding exposure to approximately 3,000 traders.
GlobeNewswire distributes company releases to a vast media population - including all Nordic news agencies - through a variety of feeds, emails and our proprietary NewsClient, an application made specifically for journalists.
GlobeNewswire in the Nordic and Baltic regions is a self-service solution that allows companies to maintain full control of their releases with the confidence and security of support in their local countries.
GlobeNewswire users may choose from a selection of distribution circuits enabling them to selectively target specific local audiences or communicate on a worldwide scale.
This one-of-a-kind service enables companies to seamlessly combine IR and PR dissemination tasks and simultaneously distribute their news releases broadly and in multiple languages.
Additionally, companies that use Investor Relations Modules from NASDAQ OMX can easily integrate their GlobeNewswire releases into their IR website to add fresh, relevant company content with minimal administrative effort.