Daily Archives: 16, May 2025

BayWa AG Approves Restructuring Plan, Extending Financing Until 2028 and Securing EUR 201.6 Million Capital Increase

(IN BRIEF) BayWa AG has secured approval for its restructuring plan under the German StaRUG framework. The plan includes extending financing until 2028 and a capital increase of up to EUR 201.6 million. Despite not meeting the quorum for shareholders, … Read the full press release

Euronext Welcomes Seven New Companies to ELITE, Expanding the Portuguese Business Network

(IN BRIEF) Euronext has welcomed a fifth group of Portuguese companies into the ELITE network, marking the third cohort of the World Trade Center Lisboa International Academy by ELITE. Seven new companies, spanning various industries, have joined the network, collectively … Read the full press release

Solstad Maritime Successfully Listed on Euronext Oslo Børs with Market Capitalisation of NOK 10.5 Billion

(IN BRIEF) Solstad Maritime was listed on Euronext Oslo Børs today, marking the ninth listing on Euronext in 2025. The company, part of the Solstad Group, has a market capitalisation of NOK 10.5 billion. With 32 vessels serving the global … Read the full press release

ASSA ABLOY Acquires TeleAlarm to Strengthen Senior Care Business and Expand Remote Care Technology Offering

(IN BRIEF) ASSA ABLOY has acquired TeleAlarm Group, a provider of remote care technology based in Leipzig, Germany. TeleAlarm’s solutions, which combine hardware and software to support independent living in the social care and home care sectors, will complement ASSA … Read the full press release

Husqvarna Group Appoints Maria Rönnberg as New EVP People & Organization, Successor to Leigh Dagberg

(IN BRIEF) Husqvarna Group announces the departure of Leigh Dagberg, Executive Vice President of People & Organization, and the appointment of Maria Rönnberg as her successor, effective August 1, 2025. Maria, who joined the company in 2022 as Senior Vice … Read the full press release

Arkema Achieves “A” Rating for Climate Change and “A-” for Water Security in 2024 CDP Assessments

(IN BRIEF) Arkema has earned an “A” rating for Climate Change and an improved “A-” rating for Water Security in the 2024 CDP assessments. These recognitions place Arkema among the top 2% of over 24,700 companies evaluated, highlighting the Group’s commitment … Read the full press release

Deutsche Bank Appoints Hyun-Nam Park as Chief Country Officer and ET Park as CEO of Deutsche Securities Korea

(IN BRIEF) Deutsche Bank has appointed Hyun-Nam Park as the new Chief Country Officer for South Korea and ET Park as CEO of Deutsche Securities Korea. These appointments follow the relocation of Samuel (Sam) Kim to New York, where he … Read the full press release

Eni to Launch €1.5 Billion Share Buyback Program, Aimed at Additional Shareholder Remuneration

(IN BRIEF) Eni has been authorized to launch a new share buyback program, set to run until April 2026. The program will buy back up to 315 million shares, with a maximum value of €1.5 billion, potentially increasing to €3.5 … Read the full press release

BNP Paribas Expands Support for Energy Renovations in France, Addressing Key Barriers to Sustainability

(IN BRIEF) A BNP Paribas study, conducted with Harris Interactive, reveals that while 94% of French people prioritize energy-efficient home renovations, cost and complexity are significant barriers. In response, BNP Paribas plans to support 400,000 renovations across Europe by 2026. … Read the full press release

ENERCON Achieves Milestone with First Kilowatt Hour Fed Into Grid from E-175 EP5 E2 Prototype

(IN BRIEF) ENERCON has successfully commissioned the E-175 EP5 E2 prototype at the Wachendorf site in Lower Saxony, marking a key milestone in the turbine’s development. The E-175 EP5 E2, with a rated power of 7.0 MW and a rotor … Read the full press release

University of Liverpool Marks Key Milestone in New Architecture Building with Traditional Topping Out Ceremony

(IN BRIEF) The Liverpool School of Architecture celebrated the milestone of its new extension with a traditional ‘topping out’ ceremony. The £23 million extension, designed by O’Donnell + Tuomey, will offer students enhanced teaching and research facilities, including virtual reality … Read the full press release

ELKO Becomes First Distributor in Region to Offer Cutting-Edge Wireless Connectivity Solutions from Ceragon and Siklu

(IN BRIEF) ELKO has become the first regional distributor to offer wireless connectivity solutions from Ceragon and its sub-brand Siklu, expanding its portfolio with high-performance microwave and millimeter-wave technologies. These solutions, trusted by over 600 service providers worldwide, cater to various … Read the full press release

Jennifer Lassiter Appointed as Head of Digital Assets for Europe and Americas at Standard Chartered

(IN BRIEF) Standard Chartered has appointed Jennifer Lassiter as Head of Digital Assets for Europe and the Americas, based in New York City. She will lead the Bank’s strategic initiatives in the digital asset space, focusing on expanding capabilities and … Read the full press release

IONITY to Expand Charging Infrastructure with EUR 50 Million Investment from KfW IPEX-Bank, Supporting the Transition to Electric Mobility

(IN BRIEF) KfW IPEX-Bank has provided EUR 50 million to IONITY to support the expansion of its High Power Charging network across Europe. This investment will enhance IONITY’s infrastructure, particularly in Germany, France, Sweden, and the UK, by improving charging … Read the full press release

Ericsson to Boost R&D Operations in Japan, Creating Up to 300 Jobs and Strengthening the Nation’s Digital Future

(IN BRIEF) Ericsson is expanding its research and development operations in Japan, with an investment expected to create up to 300 high-skilled telecom jobs. This move is part of Ericsson’s broader strategy to strengthen Japan’s role in its global connectivity … Read the full press release