Search Results for: shareholders

European Institutions and ILX Management Collaborate to Support Sustainable Development in Emerging Markets

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in collaboration with the European Union (EU) and ILX Management, has formed a partnership to enhance private-sector finance in emerging markets. The initiative aims to attract investments of up to … Read the full press release

Samarkand Joins EBRD’s Green Cities Program with Electric Bus and Depot Project

(IN BRIEF) EBRD finances the acquisition of electric buses and the establishment of an e-bus depot in Samarkand, Uzbekistan. The initiative will provide eco-friendly public transport for approximately 560,000 residents and supports Samarkand’s sustainable development goals. The project is the … Read the full press release

EIB Group and Santander Launch First Synthetic Securitization Transaction for Energy Efficiency in Portugal

(IN BRIEF) The EIB Group and Santander have signed an agreement to support energy efficiency investments in Portugal through a synthetic securitization transaction. The partnership aims to finance the construction of nearly-zero-emissions buildings and the renovation of existing residential properties … Read the full press release

G7 DFIs and EBRD Collaborate to Establish Ukraine Investment Platform for Reconstruction Efforts

(IN BRIEF) G7 Development Finance Institutions (DFIs) and the European Bank for Reconstruction and Development (EBRD) have announced the establishment of the Ukraine Investment Platform. This collaborative effort aims to support Ukraine’s reconstruction needs following the conflict. The platform will … Read the full press release

UBS Group AG Reveals Leadership Team and Operating Model Following Credit Suisse Acquisition

(IN BRIEF) UBS Group AG has announced its new operating model and leadership team after the planned acquisition of Credit Suisse AG. The legal close of the acquisition is expected to occur soon, after which Credit Suisse Group AG will … Read the full press release

EBRD’s Trade Facilitation Programme wins Best Deal of 2022 Award for Ukraine Agricultural Machinery Import

(IN BRIEF) The European Bank for Reconstruction and Development’s (EBRD) Trade Facilitation Programme (TFP) has been awarded the Best Deal of 2022 by Global Trade Review for its deal supporting the import of agricultural machinery in Ukraine. The EBRD rolled … Read the full press release

Accenture and Cervest collaborate on AI-powered climate intelligence platform

(IN BRIEF) Accenture Ventures Project Spotlight has partnered with Cervest, an AI-powered climate intelligence platform, to offer clients access to historical, current, and predictive climate data. The partnership will enable clients to assess and address asset and portfolio vulnerabilities for … Read the full press release

AAK Group reports strong start to 2023 with increased operating profit and cash flow

(IN BRIEF) Swedish food ingredients company AAK Group has reported a 43% rise in Q1 operating profit compared to the same period last year, driven by solid performance in its food ingredients and chocolate and confectionery fats business areas. Despite … Read the full press release

Salesforce and Accenture Join Forces to Enhance AI-Powered Customer Service Interactions

(IN BRIEF) Salesforce has announced a partnership with Accenture to establish a hub for generative artificial intelligence (AI) to accelerate the deployment of its Einstein GPT AI solution for customer relationship management (CRM). The companies will work together to develop … Read the full press release

Husqvarna Group appoints Pavel Hajman as CEO

(IN BRIEF) Pavel Hajman has been appointed as the new CEO of Husqvarna Group, following a recruitment process to identify a permanent CEO. He has been the acting CEO since December 2022 and has been a part of the Group … Read the full press release

Accenture strengthens retail and consumer electronics offerings with Einr acquisition

(IN BRIEF) Accenture has announced its agreement to acquire Einr, a Norwegian business consulting company specialized in high volume logistics solutions using SAP technologies to optimize the flow of products from manufacturers to consumers. The acquisition will enhance Accenture’s SAP … Read the full press release

Deutsche Bank to Acquire Numis Corporation in All-Cash Offer

(IN BRIEF) Deutsche Bank has agreed on the terms of an all-cash offer to acquire Numis Corporation Plc, a UK-based corporate broking and advisory house. The acquisition will allow Deutsche Bank to become a leading provider to more than 170 … Read the full press release

Digi Communications N.V. announces the amendment of the Company’s 2023 financial calendar

Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year 2023 at the upcoming General Meeting of Shareholders, which shall take place in June 2024

(IN BRIEF) Digi Communications N.V. has amended its 2023 financial calendar, with the publication of its financial statements now estimated for June 30, 2023. The General Meeting of Shareholders will be held after the publication of the financial statements, with … Read the full press release

Vodafone appoints Margherita Della Valle as new Group Chief Executive

(IN BRIEF) Vodafone Group Plc announced the appointment of Margherita Della Valle as Group Chief Executive. Della Valle has a long career at Vodafone in marketing, operational, commercial, and financial positions, and has been serving as interim Group Chief Executive … Read the full press release

Agricultural Solutions and Automotive Sectors Contribute to BASF’s Q1 2023 Sales

(IN BRIEF) Chemical company BASF reported a decline in sales for Q1 2023 of €20bn, down €3.1bn compared to the prior year quarter, due to lower demand in almost all segments. However, the Agricultural Solutions segment recorded a significant increase … Read the full press release

Glencore joins Alunorte, MRN joint ventures with Hydro after stake acquisition

(IN BRIEF) Glencore has agreed to acquire a 30% stake in Alunorte and a 45% stake in Mineracão Rio do Norte from Norsk Hydro for a combined equity value of approximately USD 775 million. Completion of the transaction is expected … Read the full press release

EPI nähert sich der Entwicklung einer paneuropäischen digitalen Geldbörse und Zahlungslösung

(IN KÜRZE) Die European Payments Initiative (EPI), die von 14 europäischen Banken, darunter ING, unterstützt wird, erwirbt Currence iDEAL und den Technologieanbieter für Konto-zu-Konto-Zahlungen Payconiq International, um eine europaweite Zahlungslösung zu entwickeln. EPI plant, das derzeitige Flickwerk von Zahlungslösungen auf … Read the full press release

EPI Moves Closer to Developing Pan-European Digital Wallet and Payment Solution

(IN BRIEF) The European Payments Initiative (EPI), supported by 14 European banks including ING, is acquiring Currence iDEAL and account-to-account payments technology provider Payconiq International to develop a pan-European payment solution. EPI plans to replace the current country-level patchwork of … Read the full press release

European Banks Join Forces to Ensure Payment Sovereignty with EPI

(IN BRIEF) The European Payments Initiative (EPI) has acquired Dutch payment scheme Currence iDEAL and Luxembourg-based payment solutions provider PQI, subject to approval by national and European authorities. EPI’s shareholders are European banks and acquirers who have joined forces to … Read the full press release

Matthijs Storm Reappointed as CEO of Wereldhave for Four-Year Term

(IN BRIEF) Wereldhave has announced the (re)appointment of key members of its Executive and Supervisory Boards after approval by the Annual General Meeting of shareholders. Matthijs Storm has been reappointed as CEO for a term of four years, following a … Read the full press release

La BERD et la Sparkasse Bank en Macédoine du Nord augmentent le financement des mesures d’économie d’énergie

(ACTUALITÉ EN BREF) La Banque européenne pour la reconstruction et le développement (BERD) et la Sparkasse Bank en Macédoine du Nord se sont associées pour fournir des fonds supplémentaires aux propriétaires pour des mesures d’économie d’énergie. Dans le cadre du … Read the full press release

EBRD and Sparkasse Bank in North Macedonia increase funding for energy-saving measures

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Sparkasse Bank in North Macedonia have teamed up to provide additional funds to homeowners for energy-saving measures. Under the Green Economy Financing Facility (GEFF) programme for the Western Balkans, … Read the full press release

Accenture welcomes Unilever CEO Alan Jope to its board

(IN BRIEF) Alan Jope, the CEO of Unilever, has been appointed to the Board of Directors of Accenture, effective immediately. Mr. Jope, who will serve on the Nominating, Governance & Sustainability Committee, is a dynamic leader with vast expertise in … Read the full press release

El programa del BERD y la UE ayuda a las empresas armenias a invertir en tecnología sostenible

(NOTICIA EN BREVE) El Banco Europeo para la Reconstrucción y el Desarrollo (BERD) y la Unión Europea (UE) han lanzado conjuntamente el programa EU4Business-BERD Credit Line en Armenia para ayudar a las pequeñas y medianas empresas (PYME) a adoptar tecnologías … Read the full press release

EBRD and EU Program Helps Armenian Companies Invest in Sustainable Technology

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have jointly launched the EU4Business-EBRD Credit Line program in Armenia to support small and medium-sized enterprises (SMEs) in adopting greener technology, improving product quality, and … Read the full press release

Amprion invests record 1.5 billion euros in grid expansion

(IN BRIEF) Amprion, the transmission system operator, invested a record amount of 1.5 billion euros in grid infrastructure expansion and conversion in the completed financial year. The company plans to invest around 22 billion euros in the transmission grid over … Read the full press release

Zurich Insurance Group announces successful AGM with full Board re-election

(IN BRIEF) Zurich Insurance Group’s shareholders have confirmed Michel M. Liès as Chairman of the Board of Directors at the Annual General Meeting. All the other current Board members have also been elected. The Board comprises 12 members, with equal … Read the full press release

Eni’s Plenitude and CDP Equity commit to decarbonisation of Italy’s electricity sector through GreenIT investment

(IN BRIEF) GreenIT, the Italian joint venture between Plenitude (Eni) and CDP Equity (CDP Group), which produces electricity from renewable sources, has approved a new business plan for 2023-2027. The plan includes a total investment of €1.7 billion ($2 billion) … Read the full press release

Anglo American partners with H2 Green Steel for low-carbon steel production trials

(IN BRIEF) Anglo American has signed a memorandum of understanding with H2 Green Steel to collaborate on the advancement of low carbon steelmaking processes. Under the agreement, the two companies will study and trial the use of premium quality iron … Read the full press release

EBRD, IFC, and TBC Bank provide $28.3m capital injection to support TBC Bank Uzbekistan’s growth and digitalisation

(IN BRIEF) The EBRD, IFC, and TBC Bank Group have invested an additional $28.3 million in TBC Bank Uzbekistan, solidifying the bank’s position in Uzbekistan’s banking industry and promoting further digitalization of the country’s banking sector. The capital injection follows … Read the full press release

Groupe BPCE and ESCP Business School Launch Joint Research Chair on Resilience of Mutual and Cooperative Banks

(IN BRIEF) Groupe BPCE and ESCP Business School have signed an agreement to create a new Chair to study the role of mutual and cooperative banking in the world. The Chair will focus on the resilience of mutual and cooperative … Read the full press release

Yara and Enbridge sign letter of intent to build world-scale low-carbon ammonia production facility

(IN BRIEF) Yara Clean Ammonia and Enbridge have signed a letter of intent to develop a low-carbon blue ammonia production facility at the Enbridge Ingleside Energy Center in Texas. The facility will have the capacity to produce 1.2-1.4 million tons … Read the full press release

Holcim commits CHF 2 billion to capture over 5 million tons of CO2 per year by 2030

(IN BRIEF) Holcim has published its second climate report, sharing the acceleration of its net zero journey and upgraded 2030 climate targets, which are aligned with the 1.5°C framework and validated by the Science Based Targets initiative. The company aims … Read the full press release

Rolls-Royce Announces New CFO and Aerospace Presidents in Transformation Push

(IN BRIEF) Rolls-Royce has announced changes to its Board and Executive Team, appointing leaders with extensive experience in finance, performance management, and the aerospace industry. The changes are part of a transformation program aimed at achieving sustainable earnings growth and … Read the full press release

CLAAS Group names Jan-Hendrik Mohr as successor to outgoing CEO Thomas Böck

(IN BRIEF) The CLAAS Group Shareholders’ Committee has appointed Jan-Hendrik Mohr as the new CEO with effect from 1 April 2023. Mohr, who has been with the CLAAS Group since 1984 and a member of the Group Executive Board since … Read the full press release

QuSecure and Accenture Successfully Test Quantum-Resilient Data Communications Over Multiple Satellite Orbits

(IN BRIEF) Post-quantum cybersecurity company QuSecure, in collaboration with Accenture, has successfully completed the first multi-orbit data communication test secured with post-quantum cryptography (PQC). The transmission was made via a secure channel from Earth to a low Earth orbit (LEO) … Read the full press release

The Ocean Race, Virtual Regatta and Accenture offer e-commerce opportunities in new metaverse experience

(IN BRIEF) The Ocean Race, in collaboration with Virtual Regatta and Accenture, has launched a metaverse experience pilot to engage fans and businesses in the world-renowned yacht race. The metaverse environment allows gamers and enthusiasts to take part in exclusive … Read the full press release

Portugal’s REN to modernize and expand electricity transmission network with €450m EIB loan

(IN BRIEF) The European Investment Bank (EIB) has agreed to provide a €450 million loan to Redes Energéticas Nacionais SGPS, S.A. (REN) to finance the upgrading and reinforcement of the Portuguese electricity transmission network and renewable energy connections. The project … Read the full press release

TotalEnergies updates climate ambition in 2023 Progress Report

(IN BRIEF) TotalEnergies has released its Sustainability & Climate – 2023 Progress Report, which highlights the company’s transformation strategy and its updated climate ambition. The report reveals that TotalEnergies was the most profitable major among the five super-majors in 2022, … Read the full press release

Nestlé Sets New Standard in Corporate Transparency with Nutritional Value Benchmarking

(IN BRIEF) Nestlé publishes its 2022 Annual Report and reports on the nutritional value of its global portfolio. The reports also highlight Nestlé’s progress on its Net Zero roadmap and its focus on creating shared value through sustainable practices. The … Read the full press release