Daily Archives: 6, March 2018

ArcelorMittal welcomes Aditya Mittal as President

LUXEMBOURG, 06-Mar-2018 — /EuropaWire/ — ArcelorMittal announces that Aditya Mittal, Group CFO and CEO of ArcelorMittal Europe, has been appointed as President, ArcelorMittal, in addition to his current responsibilities. This nomination reflects the increasing global strategic role Aditya has across … Read the full press release

Geneva Motor Show: Volkswagen I.D. VIZZION concept car: autonomous driving, control via augmented reality, artificial intelligence

Groundbreaking: the I.D. VIZZION concept car is a saloon for the era of electric and autonomous mobility Revolutionary: the fully-autonomous I.D. VIZZION can be controlled effortlessly via augmented reality, gestures and voice commands The I.D. VIZZION is coming: the car … Read the full press release

Volkswagen I.D. VIZZION concept study showcased in Geneva

Study is a realistic vision for a Volkswagen of the future Range of up to 650 kilometers allows long trips Production model to follow by 2022 at the latest Brand CEO Diess: “The I.D. VIZZION shows that we will not … Read the full press release

Volkswagen Group to invest EUR 34 billion in e-mobility, autonomous driving and digital networking of all road users by 2022

200 “Future Heads” from all over the Group are picturing urban mobility in the year 2030+ Cooperation with Kuka: “CarLa” is first mobile charging robot for electric automobiles Partnerships with cities are important incubator for individual mobility solutions MOIA shuttle … Read the full press release

Solmaz Altin to succeed George Sartorel as Regional CEO at Allianz Asia

George Sartorel has decided to retire in 2019; effective April 2018, he will become Chairman of the Allianz Asia Advisory Council MUNICH/ SINGAPORE, 06-Mar-2018 — /EuropaWire/ — Solmaz Altin (44), currently the Chief Digital Officer of Allianz, will join the Allianz Asia … Read the full press release

EU-funded and EBRD managed project will make a knowledge-sharing and –exchange platform accessible to financial institutions engaged in MSME finance in Uzbekistan

Online training and knowledge sharing and exchange platform now available to financial institutions in Uzbekistan LONDON, 06-Mar-2018 — /EuropaWire/ —  Micro, small and medium-sized private businesses in Uzbekistan will now benefit from a new Regional Small Business Programme (RSBP) launched in … Read the full press release

EBRD loans EUR 25 million to banking and insurance software developer Vermeg to fund their acquisition of Lombard Risk

€25 million loan for acquisition of London-based Lombard Risk LONDON, 06-Mar-2018 — /EuropaWire/ — The EBRD is supporting the expansion of banking and insurance software developer Vermeg with a €25 million loan to fund their acquisition of Lombard Risk, a … Read the full press release

EBRD to provide EUR 25.9 million to Ukraine’s leading engineering, procurement and construction firm KNESS Group for three solar plants in western Ukraine

KNESS Group to open three solar plants with total capacity of 33.9 MW LONDON, 06-Mar-2018 — /EuropaWire/ — The EBRD is contributing to Ukraine’s energy security by pledging new funds for the development of alternative power generation. The latest project under the … Read the full press release

European Medicines Agency: multiple sclerosis medicine Zinbryta will be voluntarily withdrawn from the market

Medicine to be voluntarily withdrawn from the market by the company LONDON, 06-Mar-2018 — /EuropaWire/ — The European Medicines Agency (EMA) has started an urgent review of the multiple sclerosis medicine Zinbryta (daclizumab) following 7 cases of serious inflammatory brain disorders … Read the full press release

Vattenfall plans to invest EUR 100 million in developing new solar power plants during 2018-2019

Vattenfall plans to invest SEK 1 billion (EUR 100 million) in large-scale solar energy generation over the next two years. In addition, Vattenfall also provides small-scale solar solutions for customers. The investments support Vattenfall’s objective to become fossil-free within a … Read the full press release

Novartis, Pear Therapeutics to work together towards developing new treatments for patients with schizophrenia and multiple sclerosis

Novartis and Pear Therapeutics to collaborate on prescription software applications aimed to treat patients with schizophrenia and multiple sclerosis Collaboration combines Novartis’ leadership in biomedical research and clinical development with Pear’s expertise in digital therapeutics  Novartis continues to embrace emerging … Read the full press release

AXA to acquire 100% of XL Group Ltd, global Property & Casualty commercial lines insurer and reinsurer

A major leap forward in AXA’s strategic journey Creating the leading global P&C Commercial lines player across all lines Strong complementarities expected to fuel future earnings growth and value creation Effective use of proceeds from the planned US IPO and intended subsequent sell-downs, at Ambition 2020 targets reaffirmed … Read the full press release