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Search Results for: organizational structure
bp Streamlines Organizational Structure to Drive Value Growth
(IN BRIEF) In a move to enhance operational efficiency and focus on delivering its priorities, bp announces a simplification of its organizational structure. The company will maintain three core businesses – production & operations, gas & low carbon energy, and … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, United Kingdom
Tagged Anja-Isabel Dotzenrath, appointments, BP, Carol Howle, Emeka Emembolu, Emma Delaney, ENERGY, gas, Giulia Chierchia, Gordon Birrell, Kate Thomson, Kerry Dryburgh, leadership, Leigh-Ann Russell, low carbon energy, Mike Sosso, Murray Auchincloss, organisational structure, William Lin
Kuehne+Nagel Streamlines Organizational Structure to Enhance Efficiency and Agility
(IN BRIEF) Kuehne+Nagel International AG’s Board of Directors has approved a significant restructuring, transitioning to a new direct reporting system for country organizations. This strategic move aims to streamline responsibilities, empowering business and functional units to adapt more swiftly to … Read the full press release
Casino Group strengthens organizational structure with new CEO for Casino Banners
(IN BRIEF) Magali Daubinet-Salen has been appointed as the new Chief Executive Officer of Casino Banners, which includes the #Hyper Frais, Casino Supermarchés, and Casino Proximités stores. She replaces Tina Schuler and brings with her a wealth of experience from … Read the full press release
Posted in Business, France, Management, Retail
Tagged #Hyper Frais, appointment, Casino Banners, Casino Groupe, Casino Proximités, Casino Supermarchés, Distribution Casino France, Easydis, ESC Clermont Business School, Franprix, Leader Price, leadership, Magali Daubinet-Salen, Tina Schuler, Vincent Doumerc
Shell Simplifies Organizational Structure to Improve Performance
(IN BRIEF) Shell is reducing its Executive Committee (EC) from nine to seven members to simplify its organization and improve performance. On July 1, 2023, the Integrated Gas and Upstream businesses will be combined to form a new Integrated Gas … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, News, United Kingdom
Tagged Ed Daniels, Executive Committee, gas, Huibert Vigeveno, leadership, oil, Shell plc, Sinead Gorman, Wael Sawan, Zoe Yujnovich
Neste to drive successful execution of its global growth strategy in renewable products with new organizational structure
(PRESS RELEASE) ESPOO, 19-Feb-2019 — /EuropaWire/ — Neste Corporation redesigns its organizational structure to strengthen its global growth strategy in renewable products. Neste will divide its growing Renewable Products business area into three business units and one operational platform each … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Finland, Industrial, Management, News
Tagged Neste, oil, Peter Vanacker, polymers, renewable, Renewable Chemicals, Renewable Products, sustainable
Ericsson announces simplified organizational structure and appointments to Executive Team
Simplified organizational structure and appointments to Executive Team will help drive execution of company strategy New Business Areas, Market Areas and Executive Team effective April 1, 2017 STOCKHOLM, 28-Mar-2017 — /EuropaWire/ — In line with the business strategy announced today, Ericsson … Read the full press release
Posted in Business, Management, Sweden, Technology, Telecom
Neste Oil Retail Business Area Executive VP Antti Tiitola: we need to streamline our organizational structure and operations to achieve business growth
Neste Oil’s Oil Retail business area reorganizing to improve customer service and enhance operations ESPOO, 4-4-2015 — /EuropaWire/ — “The primary objective is to achieve business growth. To facilitate growth, we must be agile, improve our understanding of customers’ needs, … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Management, Retail
Tagged Antti Tiitola, Kaisa Lipponen, Oil Retail
Achmea Restructures Syntrus Achmea for Strategic Growth in Mortgages and Real Estate
(IN BRIEF) Achmea has announced a restructuring of its subsidiary, Syntrus Achmea Real Estate & Finance B.V., to support its growth in the mortgage and real estate sectors. Effective October 1, 2024, the mortgage and real estate activities will be … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Insurance, Investment, Management, Netherlands, News, Real Estate
Tagged Achmea, Financial, investment, mortgages, real estate, Syntrus Achmea
Eviden Unveils JARVICE™ AI: Streamlining AI Infrastructure Management
(IN BRIEF) Eviden, a business within the Atos Group specializing in advanced computing, has introduced JARVICE™ AI, a new software solution aimed at simplifying the management of AI infrastructure. JARVICE AI, an extension of Eviden’s existing JARVICE™ XE platform, offers … Read the full press release
Neste Announces Completion of Organizational Merger and Restructuring
(IN BRIEF) Neste has finalized its organizational restructuring, merging its three renewable business units into one and restructuring functions to align with business-driven operations. The move aims to enhance cost-efficiency, competitiveness, and execution of growth strategy. Approximately 400 job roles … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Industrial, Management
Tagged Neste, organizational change, renewable energy, restructuring, Susanna Sieppi
EQT Infrastructure to Acquire Majority Stake in Heritage Environmental Services, Advancing Industrial Waste Management
(IN BRIEF) EQT Infrastructure has announced its acquisition of a majority stake in Heritage Environmental Services (HES), a leading US provider of sustainability and industrial waste management services. The move aligns with EQT’s focus on investing in businesses that offer … Read the full press release
Posted in Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Sweden
Tagged acquisition, EQT, EQT Infrastructure, Heritage Environmental Services, Industrial Waste Management, Jeff Laborsky, Juan Diego Vargas, Nomura Greentech, partnership, sustainability
Siemens Report Highlights Divisions in Global Infrastructure Transition Progress
(IN BRIEF) Siemens Smart Infrastructure has published its “Siemens Infrastructure Transition Monitor 2023” report, revealing varying opinions and progress regarding the global infrastructure transition toward decarbonization and resource efficiency. The report, based on a survey of 1,400 senior executives across … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Management, News, Switzerland, Technology
Tagged Global Infrastructure, Matthias Rebellius, Siemens, Transition Progress
KfW IPEX-Bank Focuses on Sustainability and Customer Transformation in Organizational Repositioning
(PRESS RELEASE) FRANKFURT AM MAIN, 30-Dec-2022 — /EuropaWire/ — KfW IPEX-Bank, an international project and export finance bank and a wholly owned subsidiary of KfW, a German state-owned investment and development bank, has announced that it will undergo a reorganization … Read the full press release
Volvo’s Group Executive Team reduced from 16 to 10 in management structure change
As a result of the merger of the current three sales and market regions in the truck operation into a single global sales organization, as well as creating a smaller and more efficient management, the number of members of Volvo’s … Read the full press release
WACKER Group sales arm WACKER SILICONES announced it expanded its sales structures in local Asian markets
Munich, 22-7-2013 — /EuropaWire/ — WACKER SILICONES, the main sales driver of the Munich-based WACKER Group, is continuing to expand its operational and sales structures in Asia. To advance its silicones business in Asia, the division has strengthened its regional presence and … Read the full press release
Posted in Business, Chemicals, Germany, International Trade
Tagged ASIA, Asian markets, CHINA, elastomers, emulsions, INDIA, Jincheon, Mumbai, paper, personal care, plastics processing, resins, sealants, Shanghai, silanes, silicone, silicone fluids, Singapore, South Korea, textiles, WACKER Group, WACKER SILICONES
Lundbeck to further optimize its commercial structure to improve its ability to launch new medicines
Lundbeck aims to further improve its ability to launch new medicines through a new commercial structure. The initiative could lead to a reduction of around 50-55 positions in Europe. Valby, 21-6-2013 — /europawire.eu/ — H. Lundbeck A/S (Lundbeck) plans to further … Read the full press release
Posted in Business, Denmark, Healthcare, Management, Pharma & Biotech
Tagged Lundbeck, medicines, Ole Chrintz, restructure, restructuring plans, Valby
CACEIS Achieves Record Asset Milestones Following RBC IS Acquisition Integration
(IN BRIEF) Since June 1st, 2024, following the acquisition of Royal Bank of Canada’s (RBC) European asset servicing operations, all staff across various locations have been consolidated under unified legal frameworks. Concurrently, efforts are underway to migrate clients to this … Read the full press release
Neste Navigates Resiliently Through Challenging First Quarter in Renewables Market
(IN BRIEF) Neste, a leader in renewable fuels and circular economy solutions, unveiled its first-quarter 2024 results, demonstrating resilience amidst a weak renewables market. Despite challenges, the company reported a comparable EBITDA of EUR 551 million, reflecting a proactive approach … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, Management, News
Tagged Financial, investment, Matti Lehmus, Neste, Renewables Market
Kuehne+Nagel Group Sees Q1 Earnings Dip Amid Strategic Measures
(IN BRIEF) In the first quarter of 2024, Kuehne+Nagel Group reported a decline in earnings compared to the previous year, citing intensified cost measures amidst a challenging business environment. Despite a slight improvement in demand for transportation services, the company’s … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Switzerland, Transportation & Logistics
Tagged Financial, investment, Kuehne+Nagel Group, Q1 Earnings, Stefan Paul
UNIQA Group Centralizes International Insurance Programs in Poland
(IN BRIEF) The UNIQA Group has launched the International Programmes (IP) HUB in Poland, serving as a competence center for 15 countries in Central and Eastern Europe where the insurer operates. This initiative aims to standardize insurance offerings for multinational … Read the full press release
Leading AM Companies Unite to Launch AM I Navigator Initiative at Formnext Event
(IN BRIEF) A consortium of leading additive manufacturing companies, including Siemens, DyeMansion, BASF Forward AM, EOS, and HP, has introduced the AM I Navigator Initiative at the Formnext event. This initiative presents a comprehensive maturity model to guide companies through … Read the full press release
Neste Announces Restructuring Plans to Boost Efficiency and Growth
(IN BRIEF) Neste, a renewable energy company, is undergoing organizational changes to enhance cost-efficiency and long-term competitiveness. It plans to merge renewable business units, resulting in 400 job cuts and EUR 50 million in annual savings, aiming for over MEUR … Read the full press release
Restructuring Initiatives Underway as Airbus Prepares for 2024
(IN BRIEF) Airbus is undergoing significant leadership changes, forming a Commercial Aircraft management team led by Christian Scherer. The leadership team will focus on addressing current operational challenges while also planning for future strategies. Effective January 1, 2024, the Airbus … Read the full press release
Posted in Aviation & Aerospace, Business, France, Management, Technology, Transportation & Logistics
Tagged Airbus SE, Alberto Gutierrez, appointments, Benoît de Saint-Exupéry, Bruno Even, Catherine Jestin, Christian Scherer, commercial aircraft, Florent Massou dit Labaquère, George Xu, Guillaume Faury, Jeff Knittel, John Harrison, Julie Kitcher, leadership, Maggie Bergsma, Mathieu Callewaert, Matthieu Louvot, Mike Schoellhorn, Philippe Mhun, Sabine Klauke, Stella Belvisi, Thierry Baril, Thomas Hundt, Thomas Toepfer, Wouter van Wersch
Generali Appoints Giulio Terzariol as CEO Insurance, Strengthening Leadership Team
(IN BRIEF) Generali, a leading insurance company, has announced the appointment of Giulio Terzariol as CEO Insurance, a newly established role responsible for overseeing all of the company’s Insurance Business Units. Terzariol, with over two decades of experience in management … Read the full press release
Posted in Business, Financial, Industrial, Insurance, Investment, Italy, Management, News
Tagged appointment, CEO Insurance, Generali, Giulio Terzariol, leadership, Philippe Donnet
Consolidation and Focus: Anglo American Streamlines Production Businesses into Two Regions
(IN BRIEF) Anglo American, a global mining company, has announced significant changes to its senior management team and organizational structure. The company has appointed Al Cook as CEO of De Beers, Alison Atkinson as Projects & Development Director, and Monique … Read the full press release
Posted in Business, Industrial, Management, Metals and Minerals, News, United Kingdom
Tagged Alison Atkinson, Anglo American, De Beers, Duncan Wanblad, Helena Nonka, leadership, Matt Daley, Monique Carter, Peter Whitcutt, Richard Price, Ruben Fernandes, senior management team, Stephen Pearce – Finance Director Al Cook, Themba Mkhwanazi, Tom McCulley
Henkel’s Q1 Sales Rise Thanks to Strong Organic Growth and Double-Digit Pricing
(IN BRIEF) Henkel, the German consumer goods and adhesives manufacturer, announced a strong start to the year with group sales of approximately €5.6 billion in the first quarter of 2023. The company achieved a very strong organic sales growth of … Read the full press release
Posted in Business, Chemicals, Financial, Germany, Industrial, Management, News
Tagged Carsten Knobel, Financial, Henkel, organic growth
Volkswagen Group taps Amazon Web Services executive for transformation role
(IN BRIEF) Yvonne Bettkober has been appointed as the new Head of Organizational Development and Transformation for the Volkswagen Group, effective April 1, 2023. She will succeed Dr. Katharina Peterwerth and will report to Hauke Stars, Member of the Board … Read the full press release
ONE MAHLE CAMPUS Stuttgart: New office concept aims to simplify networking and promote flexible working
(IN BRIEF) Automotive component supplier, MAHLE, plans to bring together its Stuttgart locations in Feuerbach and Bad Cannstatt. The company will transform its Bad Cannstatt headquarters into ONE MAHLE CAMPUS Stuttgart, a modern office space for 3,400 employees. MAHLE aims … Read the full press release
Posted in Automotive, Germany, Industrial, Management
Tagged automotive component, Dr. Beate Bungartz, MAHLE, Markus Kapaun, Mobile working, office space, office working, workplaces
Swiss Re Divides Reinsurance Business Unit into P&C Re and L&H Re
(IN BRIEF) Swiss Re, a leading global reinsurance company, plans to simplify its organizational structure to improve efficiency, client experience, and overall effectiveness, pending regulatory approval. The Reinsurance Business Unit will be divided into P&C Re and L&H Re, with … Read the full press release
Posted in Business, Insurance, Management, News, Switzerland
Tagged Andreas Berger, Christian Mumenthaler, L&H Re, leadership, Moses Ojeisekhoba, P&C Re, Paul Murray, reinsurance, risk management, Swiss Re, underwriting, Urs Baertschi
Voith Hydro now a majority shareholder in Green Highland Renewables, Scottish hydropwer projects experts
More than 40 hydropower stations are already managed by Green Highland Renewables today Both companied will join forces to bring highest operation and maintenance standards for hydropower fleets to customers worldwide Transaction was agreed on in the end of 2021 … Read the full press release
Posted in Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Alex Reading, Dingwall, electro-mechanical equipment, GHR, Green Highland Renewables, hydropower, hydropower equipment, hydropower plants, Kathrin RöckHead, Moritz von Plate, Perth, Shareholding, Voith Hydro
Autonomous driving: Continental acquires minority stake in AI chip start-up Recogni
Need for high-performance processors is growing, with increasing requirements for networked, automated and autonomous driving Production rollout of new chip architecture for faster object recognition expected as soon as 2026 New processor design could complement the opportunities offered by the … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Germany, Investment, News, Technology, Transportation & Logistics
Tagged Advanced driver assistance systems, AI, AI inference system, Annika Ratte-Front, artificial-intelligence, automated driving, autonomous driving, chip architecture, chip designs, co-pace, Continental, Frank Petznick, inference algorithms, investment, NVIDIA, processors, R K Anand, Recogni, start-up, vehicle computers, vehicle sensors
Neste on climate change discussion in Finland: transport-related emissions must be reduced immediately
(PRESS RELEASE) ESPOO, 9-Apr-2019 — /EuropaWire/ — Neste calls on the next government in Finland to set more ambitious targets for emission reductions for the next four years. Neste believes that transport-related emissions must be reduced immediately and for the … Read the full press release
Posted in Energy, Gas & Oil, Environment, Finland, Government, Media, News, Society, Transportation & Logistics
Tagged campaign, carbon footprint, climate change, climate debate, emission reductions, emissions, IPCC, Kaisa Lipponen, lie detector test, Neste, Neste MY Renewable Diesel, Pekka Sauri, Peter Nyman, Peter Vanacker, polygraph test, renewable diesel, Riku Rantala, sustainability, totuudenhetki, TRANSPORT, transportation, Tuuli Kaskinen
Roland Berger study sees pan-European growth in the demand for energy efficiency services; market expected to double in size by 2025
(PRESS RELEASE) MUNICH, 13-Feb-2019 — /EuropaWire/ — New study by Roland Berger, released on 13 February, looks into the market for energy efficiency services across Europe. According to the research paper the key findings are 1) the market is expected to grow … Read the full press release
Posted in Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, Management, Marketing, News
Tagged climate change targets, construction of energy efficiency technology, digitalization in energy efficiency services, EES providers, energy efficiency audits, energy efficiency consulting, energy efficiency contracting, energy efficiency services, energy efficiency services market, energy efficiency software, energy transition, engineering of energy efficiency technology, Green Energy, green energy transition, procurement of energy efficiency technology, Ralph Büchele, Roland Berger
Alex Kazbegi becomes Chief Strategy Officer of VEON and joins its Group Executive Committee
(PRESS RELEASE) AMSTERDAM, 4-Feb-2019 — /EuropaWire/ — Alex Kazbegi, formerly Head of EMEA Telecom, Transportation, Infrastructure and Healthcare Research at Renaissance Capital, will lead VEON’s efforts in identifying growth and business development opportunities. Hi has just been appointed Chief Strategy Officer of … Read the full press release
Barco forms strategic joint venture with China Film Co., Appotronics and CITICPE
Regulated information Kortrijk, Belgium, 08-Dec-2017 — /EuropaWire/ — Barco, the global leader in cinema technology, announced today that it has reached an agreement to enter into a strategic joint venture with China Film Co. Ltd (“CFG”), Appotronics and CITICPE. The … Read the full press release
Posted in Belgium, Business, Entertainment, Technology
Tagged Appotronics, Barco, China Film Co., CITICPE
Construction of the international accelerator facility FAIR (Facility for Antiproton and Ion Research) begins in Darmstadt
DARMSTADT, 10-Jul-2017 — /EuropaWire/ — The construction of the international accelerator facility FAIR (Facility for Antiproton and Ion Research) has begun. The start of building construction and civil engineering work is a crucial moment for one of the largest construction projects … Read the full press release
Alfa Laval CEO Tom Erixon: We must adjust the size of our organization to existing market conditions
LUND, 27-Oct-2016 — /EuropaWire/ — Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – today announces a restructuring programme, as a result of the strategic review. The new organizational structure, in combination with prevailing market … Read the full press release
Posted in Business, Industrial, Management, Sweden, Transportation & Logistics
Tagged Alfa Laval, Tom Erixon
Eni announces the creation of its Integrated Compliance Department
The new structure will have responsibility over legal compliance. It will be in operation from 12 September 2016. San Donato Milanese (Milan), 08-Sep-2016 — /EuropaWire/ — In reference to the Eni press release of 29 July 2016 relating to the approval … Read the full press release
Posted in Energy, Gas & Oil, Italy, Management
Tagged Eni, Integrated Compliance Department
OUTOKUMPU OYJ 1H2016: Record deliveries in Americas, applied vigorous cost control, released net working capital, generated positive cash flow, and further reduced our net debt
HELSINKI, 27-Jul-2016 — /EuropaWire/ — Highlights in the second quarter 2016 Outokumpu’s underlying EBIT was EUR -5 million, compared to EUR -20 million in the first quarter. The improved earnings were mainly the result of higher delivery volumes and decreased production … Read the full press release
Posted in Finland, Investment, Management, Metals and Minerals
Tagged OUTOKUMPU OYJ
Sirio Panel S.p.A. merged into Leonardo-Finmeccanica, part of the “One Company” project
ROME, 27-Jun-2016 — /EuropaWire/ — The Board of Directors of Leonardo-Finmeccanica today approved the plan of merger by incorporation of its wholly-owned subsidiarySirio Panel S.p.A. into Leonardo-Finmeccanica. The proposed operation, which is part of the reorganization process already undertaken by the … Read the full press release
Posted in Aviation & Aerospace, Defence, Italy, Management
Tagged Leonardo-Finmeccanica, Sirio Panel S.p.A., “One Company” project