Search Results for: organizational structure

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

Salini Impregilo’s board of directors approves the Group’s new 2016-2019 Industrial Plan

€9 BLN IN REVENUES AND EBITDA MARGIN EXCEEDING 10% BY 2019 FOCUS ON CASH GENERATION AND RECORD CONTRACT WINS IN FIRST MONTHS OF THIS YEAR PLAN’S KEY TARGETS 2019 FORECAST REVENUES: €9 BLN, 30% OF TOTAL FROM USA 2019 FORECAST … Read the full press release

Bayer Group sales in 2015 reached the highest level in the company’s history

Focus on the Life Sciences following the successful stock market flotation of Covestro / Substantial sales and earnings increases at HealthCare / Good business development at CropScience despite a weaker market environment / Covestro posts strong earnings improvement / Group … Read the full press release

Werner Baumann becomes the new Chairman of the Board of Management of Bayer AG

LEVERKUSEN, 26-Feb-2016 — /EuropaWire/ — Effective May 1, 2016, Werner Baumann will become the new Chairman of the Board of Management of Bayer AG. This was decided by the company’s Supervisory Board at its meeting today. The current CEO of … Read the full press release

Novozymes to establish three new divisions to deliver more innovation to customers

Today, Novozymes announces the formation of three divisions: Household Care & Technical Industries, Agriculture & Bioenergy and Food & Beverages. ​Bagsvaerd, Denmark, 08-Feb-2016 — /EuropaWire/ — The aim of the organizational change is to enhance Novozymes’ ability to deliver more innovation … Read the full press release

Jürg Weber appointed new Division CEO of SIX Payment Services and member of SIX Group Executive Board

ZURICH, 2-9-2015 — /EuropaWire/ — The Board of Directors of SIX has appointed Jürg Weber as the new Division CEO of SIX Payment Services and thus also as a member of SIX Group Executive Board. Jürg Weber has a wealth … Read the full press release

GfK survey: SMEs reluctant to use energy efficiency services

GfK survey analyzes market potential for energy efficiency services Nuremberg, 9-5-2014 — /EuropaWire/ — German small and medium-sized enterprises (SMEs) are still showing reluctance when it comes to using energy efficiency services (EEDL). This is attributable to the highly varied supplier … Read the full press release

Roland Berger and International Controller Association study reveals 60% of companies affected by the commodity trap

New study by Roland Berger and the International Controller Association (ICV) shows that standardized products are impacting prices and margins, thus threatening companies in all industries The premium segment is being affected too: Roughly 20% of high-end products and services … Read the full press release

Europe’s largest copper producer Aurubis reported on past fiscal year results to 1,500 shareholders and guests in Hamburg

Hamburg, Germany, 28-2-2014 — /EuropaWire/ — “Operating earnings before taxes in fiscal year 2012/13 amounted to € 114 million. Earnings in accordance with IFRS were minus € 230 million. The Group’s key figures reflect a split situation: return on capital employed … Read the full press release

SGL Group announced will close its Canadian graphite electrode facility located in Lachute, Quebec

Closure is part of the “SGL2015” cost savings program Operations will begin to wind down at the end of the year with expected completion within Q1/2014 110 employees impacted Wiesbaden / Lachute (QE, Canada), 24-10-2013 — /EuropaWire/ —  SGL Group – The … Read the full press release

Thomas Hasler appointed Chief Technology Officer and Member of Group Management at Sika AG

23-9-2013 — /EuropaWire/ — Sika has appointed Thomas Hasler as its new Chief Technology Officer and a Member of Group Management effective January 1, 2014. He succeeds Urs Mäder, who has decided to step down from the role.  Thomas Hasler joined Sika … Read the full press release

Cooling global economy slows pace of Bosch Group growth

Preliminary figures for 2012  Focus for 2013 on earnings strength, growth, and agility Sales grow by 1.6 percent to 52.3 billion euros Earnings before interest and taxes at roughly 2 percent of sales, also as a result of impairments Measures … Read the full press release

Establishing the Single Supervisory Mechanism

Speech by Vítor Constâncio, Vice-President of the ECB, at the BAFT-IFSA 2013 Europe Bank-to-Bank Forum 29 January 2013 29-1-2013 — /europawire.eu/ — Ladies and gentlemen, It is a great pleasure to be here today at this event organised by the BAFT-IFSA (Bankers’ Association for … Read the full press release

TAKKT Reports Resilience Amidst Challenging Economic Conditions

(IN BRIEF) TAKKT has strengthened its resilience in the first half of 2024 by increasing its gross profit margin to 40.5% and streamlining cost structures, resulting in a slight increase in free cash flow to €25.6 million. Despite a 17.7% … Read the full press release

Accenture to Acquire Italian Network Services Company Fibermind

(IN BRIEF) Accenture has agreed to acquire Fibermind, an Italy-based company specializing in fiber and mobile 5G network deployment and infrastructure engineering services. This acquisition will enhance Accenture’s network services capabilities for clients in telecommunications, utilities, and transportation. Fibermind brings … Read the full press release

Accenture to Bolster Digital Transformation with OPENSTREAM HOLDINGS Acquisition

(IN BRIEF) Accenture (NYSE: ACN) has announced its acquisition of OPENSTREAM HOLDINGS and its subsidiaries, Open Stream and Neutral, marking a significant move to enhance its digital engineering and manufacturing capabilities. The acquisition, with undisclosed terms, is set to bring … Read the full press release

Accenture Enhances Japanese Presence with CLIMB Acquisition, Bolstering Digital Transformation Capabilities

(IN BRIEF) Accenture has finalized the acquisition of CLIMB, a technology services provider renowned for its system integration and IT infrastructure management expertise, particularly in Gunma Prefecture. This strategic move, initially announced on April 8, 2024, brings approximately 230 professionals, … Read the full press release

Philips Reports Q1 2024 Results: Steady Growth Despite Challenges

(IN BRIEF) Royal Philips has released its Q1 2024 results, showcasing a mixed performance marked by steady sales growth, significant litigation settlements, and ongoing operational challenges. Despite a 2.4% increase in group sales, comparable order intake saw a decline of … Read the full press release

Accenture to Bolster Technology Expertise with Acquisition of CLIMB in Gunma Prefecture

(IN BRIEF) Accenture, a global technology services provider, has announced its agreement to acquire CLIMB, a technology services provider specializing in system integration and IT infrastructure management primarily in Gunma Prefecture, Japan. This acquisition aims to enhance Accenture’s capabilities in … Read the full press release

Investor AB Calls Annual General Meeting for May 7, 2024: Details and Participation Guidelines

(IN BRIEF) Investor AB has announced the convening of its Annual General Meeting (AGM) scheduled for May 7, 2024, at China Teatern in Stockholm, Sweden. Shareholders are encouraged to participate either in person or via advance voting. The meeting will … Read the full press release

Fraunhofer Showcases AI-Based Healthcare Innovations at DMEA 2024

(IN BRIEF) Fraunhofer experts are at the forefront of developing AI-driven systems to revolutionize healthcare, presenting their latest advancements at the DMEA 2024 trade show. These innovations span various areas, including diagnostics, surgery planning, telemedicine, and data management. From AI-based … Read the full press release

NIRAS Reports Record Earnings and Steady Growth, Sets Ambitious Goals for Future

(IN BRIEF) NIRAS, a leading consultancy firm, has announced its robust annual results for 2023, boasting record earnings (EBITA) of DKK 167 million and a commendable organic growth rate exceeding 10%. Despite challenging market conditions marked by inflation and global … Read the full press release

Cybersecurity across Europe in the last quarter: Post-Quantum Cryptography, 6G Network and Cloud Security

(IN BRIEF) In the last quarter (1 Dec 2023 – 1 Mar 2024), Europe’s cybersecurity scene was marked by significant strides, with Thales and Ericsson leading initiatives to enhance digital security. Thales’ TrustNest R-Cloud received European Restricted certification, bolstering secure … Read the full press release

Syngenta Partners with Maersk for Biofuel-Powered Ocean Transport, Aiming for Reduced GHG Emissions

(IN BRIEF) Syngenta Crop Protection has finalized an agreement with Maersk for ocean transport using biofuel, marking a significant step towards reducing greenhouse gas (GHG) emissions from its logistics operations. Through Maersk’s ECO Delivery solution, Syngenta will utilize certified biofuels … Read the full press release

Henkel Achieves Robust Growth and Strategic Advancements Amid Challenging Market Conditions

(IN BRIEF) Henkel reports strong business performance for 2023, with sales reaching 21.5 billion euros and a significant increase in operating profit (EBIT) by 10.2 percent, alongside other notable achievements. The company’s purposeful growth agenda, including the accelerated merger of … Read the full press release

Ricoh Recognized Among Top 50 Companies in Carbon Clean200™ List for Sixth Consecutive Year

(IN BRIEF) Ricoh has once again been included in the prestigious Carbon Clean200™ list, ranking among the top 50 companies globally leading the transition to clean energy. Organized by Corporate Knights and As You Sow, the list evaluates companies based … Read the full press release

Infineon Enhances Growth Strategy with Streamlined Sales Organization

(IN BRIEF) Infineon Technologies AG is embarking on a path of ambitious growth by revamping its sales organization structure, effective from March 1. The restructuring will see the sales team organized into three customer-centric Sales Segments: “Automotive”, “Industrial & Infrastructure”, … Read the full press release

Volkswagen’s AI Lab: Fueling the Future of Connected Vehicles

(IN BRIEF) Volkswagen Group is spearheading the integration of artificial intelligence (AI) in its vehicles to offer customers enhanced digital experiences. The company has unveiled the “AI Lab,” a global hub for innovation that will identify AI-based product ideas, collaborate … Read the full press release

Fortum Initiates Change Negotiations Amidst Efficiency Program, Anticipating Possible Job Reductions

(IN BRIEF) Fortum’s efficiency program, launched in November 2023, has prompted discussions regarding potential job reductions within the Fortum Consumer Solutions business unit and the IT unit. Approximately 1,080 employees across Finland, Sweden, Norway, and the IT unit in Poland … Read the full press release

Four New Members Join TU/e Young Academy of Engineering to Foster Collaboration and Innovation

(IN BRIEF) The TU/e Young Academy of Engineering (EYAE) has welcomed four new members who will serve a four-year term, contributing to the advancement of knowledge exchange, research funding, and closer collaborations between industry and the university. The new members … Read the full press release

Voith Group Achieves Robust Performance Amidst Challenging Environment, Prioritizes Sustainability and Growth

(IN BRIEF) The Voith Group has demonstrated resilience and achieved strong results during the 2022/23 fiscal year, navigating a challenging economic environment successfully. The company reported positive growth across key performance indicators, with orders received surpassing expectations at €6.14 billion, … Read the full press release

Ministry of Defence and Eni Forge Stronger Alliance to Safeguard Italy’s Security and Foster Innovation

(IN BRIEF) The Ministry of Defence and Eni, an Italian energy company, have signed a Memorandum of Understanding (MoU) in Rome to enhance their strategic collaboration on security and risk assessment. The agreement involves sharing expertise and information to bolster … Read the full press release

Accenture Strengthens New Zealand Presence with Solnet Acquisition, Bolstering Cloud and Tech Expertise

(IN BRIEF) Accenture, a global technology services and consulting firm, has successfully completed its acquisition of Solnet, an IT services provider renowned for its technology consulting services to both the New Zealand government and private sector. This strategic move enhances … Read the full press release

Accenture Expands New Zealand Presence with Acquisition of IT Services Provider Solnet

(IN BRIEF) Accenture, a global technology consulting and services company, has announced its acquisition of Solnet, a New Zealand-based IT services provider specializing in technology consulting for government and private organizations. While the terms of the deal remain undisclosed, Solnet’s … Read the full press release

Teck Resources to Exit Elk Valley in Landmark $6.93 Billion Deal with Glencore, Reshaping Canadian Mining

(IN BRIEF) Glencore is set to purchase a 77% effective interest in Teck Resources Limited’s steelmaking coal business, Elk Valley Resources (EVR), for $6.93 billion in cash. The deal includes NSC’s and POSCO’s interests in EVR. Upon completion, EVR will … Read the full press release

Accenture Expands Cybersecurity Reach in Spain with Acquisition of Innotec Security

(IN BRIEF) Accenture, a global technology and consulting firm, has acquired Innotec Security, a prominent cybersecurity-as-a-service company headquartered in Madrid, Spain. This acquisition enhances Accenture’s cybersecurity capabilities and presence in Spain. Innotec Security, previously owned by Entelgy Group, brings 500 … Read the full press release

Michelin’s Bourges Site Unveils 5-Year Plan for Aircraft Tire Market Growth and Welcomes Innovative Production Activities

(IN BRIEF) Michelin’s Bourges site, a key player in the aircraft tire market, has announced a 5-year action plan to enhance its performance. The plan focuses on innovation, efficiency, and addressing organizational challenges posed by recent growth. It involves collaboration … Read the full press release

ESET PROTECT Enterprise Named Strategic Leader in 2023 AV-Comparatives EPR Report

(IN BRIEF) ESET PROTECT Enterprise has achieved the prestigious title of Strategic Leader in the 2023 AV-Comparatives Endpoint Prevention and Response (EPR) Comparative Report. The assessment, conducted by AV-Comparatives, found that ESET’s cybersecurity solution excelled in preventing and responding to … Read the full press release

Sika Unveils ‘Beyond the Expected’ Strategy 2028 with Aggressive Growth and Sustainability Goals

(IN BRIEF) Sika, a leading construction and industrial chemicals company, has presented its new Strategy 2028, titled “Beyond the Expected,” during its Capital Markets Day in Zurich. The strategy builds upon the company’s successful growth model and aims to further … Read the full press release

Natixis CIB Appoints Abbas Rangwala as Head of M&A for Southeast Asia & India

(IN BRIEF) Natixis Corporate & Investment Banking (Natixis CIB) has appointed Abbas Rangwala as the Head of M&A for Southeast Asia & India, a newly created role based in Singapore. With over 20 years of experience in corporate finance, strategy, … Read the full press release