Europe

Landsbanki, a major Icelandic shareholder in Wyndeham Press Group, has been nationalised by the Icelandic Financial Supervisory Authority (IFSA).

Finishing equipment supplier Total Print Finishing Services (Total PFS) has rolled out a new programmable digital creaser for the UK market along with a host of non-programmable alternatives.

Mitsubishi has appointed a new UK managing director at the launch of its V3000 press in Leeds.

OKI Europe has appointed Tetsuhei Kawamura in the role of chief executive officer and chairman.

Three "printing groups" are understood to be in the running to buy Cooper Clegg, following Tuesday's announcement that Pindar was to sell the magazine printing division it acquired in March 2007.

Krause will unveil its new X-Jet platesetter, which has been exclusively designed for use with the KBA Cortina waterless printing press, at this month's Ifra Expo in Amsterdam.

Heidelberg has announced an operating loss of 20m euro (15.6m) in its preliminary second-quarter results, continuing what has been an <i>annus horribilis</i> for the German manufacturing sector.

Hiflex has claimed that it is the only MIS provider currently able to offer "proven lights-out automation for printers", following the release of the latest version of its eponymous MIS system.

Fujifilm Sericol is aiming to build its presence in the UK signmaking sector following the launch of Euromedia - its new large-format business.

Italian paper manufacturer and merchant Fedrigoni has made its Pergamenata Parchment Collection of papers and board into a swatch.

Paper manufacturer Sappi has agreed to acquire M-real's coated graphic paper business for 750m euro (596m), in a deal which could create a new number one in the European coated fine paper industry.

Xeikon's latest digital label press, the Xeikon 3000, which is aimed at converters to the digital print market, is now available for purchase.