Daily Archives: 25, July 2023

Allianz Unifies Global Commercial Insurance Business as ‘Allianz Commercial,’ Introduces New Regional Structure

Allianz Trade Study Reveals Gap Between Perceived and Actual Inflation, with Germany Experiencing Significant Disparity

(IN BRIEF) Allianz Global Corporate & Specialty (AGCS) and the commercial insurance businesses of local Allianz entities will now trade under the name “Allianz Commercial” as a single go-to-market business. This new global model offers insurance solutions for mid-sized businesses, … Read the full press release

Škoda Auto Celebrates 20 Years of Tour de France Partnership with Electrifying Finale and Special Trophies

(IN BRIEF) The 110th Tour de France concluded with Danish rider Jonas Vingegaard winning the overall title, accompanied by a camouflaged new Superb Combi provided by Škoda Auto. The crystal trophies for the winners were created by Škoda’s design team. … Read the full press release

Joint Initiative on Circular Economy (JICE) Continues Beyond 2023 with €8.9 Billion Funding for Sustainable Projects

(IN BRIEF) The Joint Initiative on Circular Economy (JICE), led by the European Union’s largest public promotional banks and institutions, has decided to extend its efforts beyond the original time frame of 2023. Launched in 2019, JICE aims to provide … Read the full press release

EIB and Cellnex Join Forces with €315 Million Loan to Boost 5G Infrastructure and Digital Transition Across Europe

(IN BRIEF) The European Investment Bank (EIB) and Cellnex have signed a €315 million finance contract to support the development of mobile telecoms infrastructure for 5G rollout in Spain, Portugal, France, Italy, and Poland. The loan will unlock a total … Read the full press release

The European Anti-Fraud Office (OLAF) and Romanian Authorities Seize €100,000 Worth of Toxic Products in Joint Operation

(IN BRIEF) The European Anti-Fraud Office (OLAF) collaborated with Romanian authorities in an operation aimed at combating the illicit traffic of toxic products in Tulcea County, Romania. The joint effort resulted in the seizure of 353 liters of insecticide valued … Read the full press release

Ahlstrom Receives Binding Acquisition Offer for Stenay Plant from Accursia Capital

(IN BRIEF) Ahlstrom, a global leader in sustainable specialty materials, has received a binding offer from Accursia Capital to acquire its Stenay plant in France. The offer comes after Ahlstrom launched a consultation process with employee representatives to potentially divest … Read the full press release