Daily Archives: 11, March 2023

Allianz streamlines commercial insurance with new integrated approach

(IN BRIEF) Allianz Group has announced that it will establish an integrated approach to serve the global commercial insurance sector under the name Allianz Commercial. The new approach will bring together the Allianz Global Corporate & Specialty (AGCS) business that … Read the full press release

EBRD Discusses Challenges Facing Polish Banking Sector with National Bank of Poland

(IN BRIEF) Jürgen Rigterink, the First Vice President of the European Bank for Reconstruction and Development (EBRD), has visited Poland and Ukraine to meet private-sector clients and authorities. This trip underlines the EBRD’s continuing commitment to Poland and the Central … Read the full press release

Kazakhstan’s largest municipality to benefit from EBRD Green Cities programme

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a KZT 4.1 billion (€8.5 million) loan to the Regional Center of Public-Private Partnership of the East Kazakhstan region, which will allow the city of Ust-Kamenogorsk to upgrade … Read the full press release

Aviva and Stories partner to invest in UK real estate for community facilities and affordable housing

(IN BRIEF) Insurance company Aviva has partnered with property developer Stories to invest £100m in UK real estate and infrastructure projects. The venture will mark the first funding commitment from Aviva Capital Partners, Aviva’s new in-house capital unit which develops … Read the full press release

Bosch BASF Smart Farming’s precision spraying system to help meet EU pesticide reduction targets

(IN BRIEF) Bosch BASF Smart Farming’s Smart Spraying Solution, which combines Bosch’s high-tech camera sensor technology and software with the advanced digital agronomic decision engine of xarvio® Digital Farming Solutions, will enter first series production at Herbert Dammann GmbH as … Read the full press release

Societe Generale proposes CEO appointment of Slawomir Krupa as a director

(IN BRIEF) The Board of Directors for a French banking company has proposed four appointments for director positions. Slawomir Krupa is proposed to be appointed as Director and will become Chief Executive Officer after his election. Béatrice Cossa-Dumurgier and Ulrika … Read the full press release

Reallocation of responsibilities at Bundesbank as Wuermeling prepares to depart

(IN BRIEF) Professor Joachim Wuermeling, a member of the Executive Board of the Deutsche Bundesbank, has announced that he will leave the bank at the end of the year to take up a new position in 2024. To prepare for … Read the full press release

ING proposes new appointments and reappointments to Supervisory Board and Executive Board at 2023 AGM

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has announced its proposal to appoint Alexandra Reich to its supervisory board during the Annual General Meeting (AGM) on April 24, 2023. Reich brings more than 20 years of experience in the telecoms sector, having held various … Read the full press release

DNV Certified to Support Poland’s Rapid Growth in Offshore Wind

(IN BRIEF) DNV has been authorized by the Polish Ministry of Infrastructure to issue certificates for offshore wind farms and assembly of power output equipment in Poland. This certification will be carried out in line with Polish law requirements reflected … Read the full press release

DNV Approves SwitchH2 and BW Offshore’s NH3 FPSO Concept for Green Ammonia Production

(IN BRIEF) SwitchH2 and BW Offshore have secured approval for their proposed design of a floating production unit that will create green ammonia. The project, known as the NH3 FPSO concept, will be built from a Very Large Crude Carrier … Read the full press release