(IN BRIEF) thyssenkrupp has completed the sale of Acciai Speciali Terni S.p.A. by transferring its remaining 15% stake in AST to Italy’s Arvedi Group, making Arvedi the sole owner of the stainless steel business. The transaction finalizes the divestment originally … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Metals and Minerals, Türkiye
Tagged Acciai Speciali Terni, ACES 2030, Arvedi Becomes Sole Owner of Acciai Speciali Terni as thyssenkrupp Finalizes Stainless Steel Divestment, Arvedi Group, AST, divestment, financial holding company, Germany, high double-digit million euro cash inflow, Industrial Transformation, Italy, liquidity strengthening, Minority Stake, operational cooperation, portfolio streamlining, remaining 15 percent stake, sales organization, sole ownership, stainless steel business, stainless steel plant, Steel Industry, Strategic Realignment, Terni, ThyssenKrupp, ThyssenKrupp AG, thyssenkrupp completes AST divestment with sale of remaining 15 percent stake to Arvedi, thyssenkrupp Completes AST Exit With Sale of Remaining 15 Percent Stake to Arvedi Group, thyssenkrupp Strengthens Liquidity With Final Sale of AST Stake to Italy’s Arvedi Group, transaction completion, Türkiye, Volkmar Dinstuhl
(IN BRIEF) Equinor has established a new Power business area by integrating its renewable energy assets with flexible power solutions from its MMP division. This strategic initiative is aimed at addressing the growing global demand for electricity fueled by increased … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged Anders Opedal, appointment, artificial intelligence, competitive, data centers, electrification, energy storage, energy transition, Equinor, Executive Vice President, flexible power, gas to power, global demand, Helge Haugane, INNOVATION, leadership, low-carbon energy, Marketing Midstream and Processing, MMP, Net Zero Teesside, Offshore wind, onshore wind, Poland, Power business area, PWR, renewables, Solar, Strategic Realignment, sustainability, sustainable growth, Triton Power, UK, US, value creation
(IN BRIEF) ZF Friedrichshafen AG is realigning its structures to enhance competitiveness, focusing on Commercial Vehicle Technology, Chassis Solutions, Industrial Technology, and Aftermarket divisions. The restructuring will consolidate German locations, resulting in a gradual reduction of 11,000 to 14,000 jobs … Read the full press release
(IN BRIEF) Volkswagen Group has announced a strategic realignment and the launch of performance programs to enhance profitability and cash flow. At its Capital Markets Day, the Group emphasized leadership principles focused on customer orientation and entrepreneurship. Each brand will … Read the full press release
EuropaWire (EW) is the first truly pan-European and leading press release distribution and newswire service for Europe and the European Union working towards consolidating Europe’s voice on the global newswire and media scene. The newswire service comes with advanced submission forms, flexible pricing and PR budgeting, granular targeting, nearly uncapped reach across countries, markets, verticals, industries, audiences, languages, etc., translation and localisation for greater local PR impact, in-depth distribution reporting, metrics and insights including measured PR reach, reads, engagements, impact, etc., no cap on words, images and multimedia to go along with your release, among others. Your press releases will be seen among the releases of Europe’s biggest and most prominent companies, brands and institutions. Here you can learn more about EuropaWire’s mission, achievements, services, etc.
HOW TO GET STARTED?