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Year: 2022

Attractive Opportunities for Players In Aircraft Seating Market – Global Forecast to 2027

Chicago, Dec. 09, 2022 (GLOBE NEWSWIRE) — Aircraft Seating Market by Class (Business, First, Premium Economy, and Economy), End Use (OEM, Aftermarket and MRO), Aircraft Type (NBA, WBA, RTA and Business Jets), Materials, Components and Region – Global Forecast to 2027″, The market is driven by various factors, such as the rise of low cost airlines, growing urban air mobility platforms and increasing number of premium economy seats. Ask for PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=906 Aircraft Seating Market Scope of the ReportReport Metric DetailsMarket Size Value in 2022 USD 6.3 BillionRevenue Forecast in 2027 USD 8.7 BillionGrowth Rate 6.8%Market Size Availability for Years 2018–2027Base Year 2021Geographic Regions Covered North America, Asia...

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Bigbank AS begins the termination of economic activities of two subsidiaries and changes in the composition of the management board of subsidiaries

The management board of Bigbank AS (hereinafter „the Bank“) has decided to start with the termination of economic activities of two subsidiaries – Palupera Põllud OÜ and Abja Põld OÜ. The principal activity of Palupera Põllud OÜ has been raising of dairy cattle and Abja Põld OÜ has been engaged in growing of crops. With the termination of the economic activity, the process of exiting from dairy and crops farming and the gradual expropriation of assets will begin. The termination of the economic activity is taking place due to the activities not supporting the Bank’s core business and therefore, agricultural production is not part of the Bank’s long-term strategic plans. The termination of the companies’ activities will not endanger the achievement of the Bank’s financial goals in 2022 and 2023 and will not negatively affect the interest...

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Block Listing

LEI: 213800ZBKL9BHSL2K459 OSB GROUP PLC(the Company) Block Listing A block listing application has been made to the Financial Conduct Authority for a total of 2,600,000 Ordinary Shares of £0.01 each (the Shares) of the Company to be admitted to the Official List of the Financial Conduct Authority. An application has also been made to the London Stock Exchange for the Shares to be admitted to trading. The Shares shall rank equally with the existing issued Shares of the Company. Admission is expected on or around 12 December 2022. The Shares will be allotted from time to time following the exercise of options pursuant to the Company’s Sharesave Scheme (500,000); and vestings under the Deferred Share Bonus Plan (100,000) and Performance Share Plan (2,000,000).  Enquiries: OSB GROUP PLCNickesha Graham-Burrell Group Head of Company Secretariat...

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CNH Industrial debuts world’s first Liquefied Natural Gas tractor prototype

New Holland T7 Methane Power LNG Tractor New Holland T7 Methane Power LNG TractorLondon, December 9, 2022 CNH Industrial unveiled the next step in alternative power for agriculture at its Tech Day event in Phoenix, Arizona, USA. New Holland Agriculture, one of our global agricultural brands, presented the T7 Methane Power LNG (Liquefied Natural Gas) pre-production prototype tractor. Another world first for farmingMore sustainable, energy independent and productive New Holland is the alternative fuels leader in agriculture – having developed the first commercialized Compressed Natural Gas (CNG) tractor – the T6 Methane Power. The new T7 prototype furthers the Brand’s position, driving greater value for our customers. It more than doubles the autonomy compared to a CNG design. In comparison to the T6 Methane Power CNG, this...

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Li Auto Inc. Announces Management and Board Changes

BEIJING, China, Dec. 09, 2022 (GLOBE NEWSWIRE) —  Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that Mr. Yanan Shen, president and director, has tendered his resignation as the president and a director of the Company in order to devote more time to his personal affairs, effective on January 1, 2023. Mr. Shen will stay with the Company to support the Company’s continued efforts in the organizational upgrades to prepare for its future success. In addition, the Company’s board of directors has promoted Mr. Donghui Ma, chief engineer, as the president and appointed him as a director of the Company, effective on January 1, 2023. Mr. Yan Xie, senior vice president, has been promoted as the chief technology officer, effective on December 12, 2022. Mr. Xiang...

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Christian Dior: New Chief Executive Officer of Christian Dior SE

                                  New Chief Executive Officer of Christian Dior SE Paris, December 9th, 2022 Following Sidney Toledano’s decision to leave his executive management position at Christian Dior SE, the Board of Directors of Christian Dior SE, at its meeting yesterday, after considering the advice of the Nominations & Compensation Committee, selected Antoine Arnault as a Director and decided to appoint him as Chief Executive Officer of Christian Dior SE and Vice-Chairman of the Board of Directors to replace Sidney Toledano. This choice was made in the context of the conversion of Agache SE into a limited joint-stock partnership (société en commandite par actions), which occurred on December 6th, 2022, and will permit the long-term family control over Christian Dior SE and LVMH Moët Hennessy – Louis Vuitton SE to...

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George Clinical to Accelerate International Growth Through Acquisition by Hillhouse

SYDNEY, Australia, Dec. 09, 2022 (GLOBE NEWSWIRE) — George Clinical announces that it has entered into a sale agreement with Hillhouse, a global investment firm with deep experience in partnering with and supporting healthcare businesses. The transaction will allow George Clinical to continue a path of rapid global expansion and leadership in Asia-Pacific clinical research services while providing considerable new investment. Over the past several years, George Clinical has grown to be a leading APAC-born, global clinical research organization (CRO) providing clients access to the fastest growing clinical trial markets in the world. The purchase of George Clinical affords the organization long-term investment and the backing to support the firm’s continuing vision to bring the best “Science, Service and Solutions” to their pharmaceutical...

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Extension of the summer charter contract of the icebreaker Botnica

AS Tallinna Sadam subsidiary OÜ TS Shipping (hereinafter: “TS Shipping”) and Baffinland Iron Mines Corporation (hereinafter: “Baffinland”) extended the 5-year framework agreement of chartering the icebreaker Botnica signed in 2018 for the summer period of 2023. Baffinland has a call option to continue chartering Botnica under the same conditions from the end of June to the end of November. More detailed decisions regarding charter period will be made by Baffinland by the call option notification due date in February 2023. In the beginning of summer 2018, TS Shipping, signed an agreement with Baffinland for chartering MPSV Botnica for the 2018 summer period and annual call options for the summer periods in 2019-2022 Baffinland is a Canadian mining company, engaged in the mining of iron ore on Baffin Island in Northern...

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Himax WiseEye™ Solution Earns “Most Promising Product” at EE Awards Asia 2022

TAINAN, Taiwan, Dec. 09, 2022 (GLOBE NEWSWIRE) — Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced its WiseEye™ Always-On smart image sensing total solution (“WiseEye”) received the award for “Most Promising Product” at the EE Awards Asia 2022 hosted by EE Times and EDN Asia on December 8, 2022. Himax’s WiseEye incorporates a proprietary ultralow power WE1 Plus AI processor, Always-On CMOS image sensor (“AOS”), and CNN-based AI algorithm, featuring tinyML AI in tiny form factor, ultralow power consumption, low latency, privacy protection and optimized cost. WiseEye is the industry leader in requiring only a few milliwatts (mW) for computer vision deployment on battery-powered endpoint applications....

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Construction contract (Tagadi ecoduct)

AS Nordecon group company Tariston AS and OÜ Rail Baltic Estonia signed a contract for the construction of the Tagadi ecoduct on the Rail Baltica route in Harju county. The cost of the contract is 5.3 million euros plus value added tax. The works will be completed in September 2024. Nordecon (www.nordecon.com) is a group of construction companies whose core business is construction project management and general contracting in the buildings and infrastructures segment. Geographically the Group operates in Estonia, Finland, Ukraine and Sweden. The parent of the Group is Nordecon AS, a company registered and located in Tallinn, Estonia. The consolidated revenue of the Group in 2021 was 289 million euros. Currently Nordecon Group employs close to 670 people. Since 18 May 2006 the company’s shares have been quoted in the main list of...

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