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Month: July 2023

Computer-aided Engineering Market Size to Surpass USD 17.68 Billion by 2030, exhibiting a CAGR of 12.0%

As per the report by Fortune Business Insights, the global Computer-aided Engineering Market size is projected to reach USD 17.68 Billion by 2030, at a CAGR of 12.0% during the forecast period. Pune, India, July 03, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, global computer-aided engineering market size was valued at USD 7.23 billion in 2022 and is projected to grow from USD 8.01 billion in 2023 to USD 17.68 billion by 2030, exhibiting a CAGR of 12.0% during the forecast period. Increase in Implementation of IoT and 3D Printing to Foster Growth. The growing adoption of computer-aided engineering, which helps in minimizing the charge of electric vehicles, is expected to drive market growth. This information is presented by Fortune Business Insights, in its report titled, Computer-aided Engineering Market Forecast,...

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Database Monitoring Software Market Size to Surpass USD 5.61 billion by 2030, exhibiting a CAGR of 15.5%

As per the report by Fortune Business Insights, the global Database Monitoring Software Market Size is projected to reach USD 5.61 billion by 2030, at a CAGR of 15.5% during the forecast period. Pune,India, July 03, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, global Database Monitoring Software Market Size was valued at USD 1.79 billion in 2022 and is projected to grow from USD 2.05 billion in 2023 to USD 5.61 billion by 2030, exhibiting a CAGR of 15.5% during the forecast period. The expansion can be credited to the growing product deployment for garnering essential database performance metrics that help the improvement of database processes. Fortune Business Insights™ provides this information in its research report, titled Database Monitoring Software Market, 2023-2030. Key Industry Development- April...

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Change in the Management Board of AS Ekspress Grupp

Signe Kukin, the financial director and a member of the Management Board of AS Ekspress Grupp, will leave the company at her own request on August 31, 2023. An executive search will be organised to find a new CFO / member of the Management Board. Signe Kukin has been working as Group financial director and the member of the Management Board since August 2018. The Supervisory Board of AS Ekspress Grupp is thankful to Signe Kukin for her long-standing contribution to the management of the Group and the input of the digital transformation development. Until the new board member is elected, the Group’s Management Board will continue with two members: Mari-Liis Rüütsalu (Chairman of the Board) and Karl Anton. Mari-Liis RüütsaluChairman of the Management Board+372 512 2591mariliis.ryytsalu@egrupp.ee AS Ekspress Grupp is the leading...

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Nokia Corporation: Repurchase of own shares on 30.06.2023

Nokia CorporationStock Exchange Release03 July 2023 at 09:30 EEST Nokia Corporation: Repurchase of own shares on 30.06.2023 Espoo, Finland – On 30 June 2023 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 284,917 3.86CEUX 52,053 3.86AQEU 8,635 3.86TQEX 19,395 3.85Total 365,000 3.86* Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The second phase of the share buyback program in compliance with the Market Abuse Regulation (EU)...

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CREDIT AGRICOLE SA: CACEIS and Royal Bank of Canada complete acquisition of RBC Investor Services’ operations in Europe and Malaysia

         Press Release CACEIS and Royal Bank of Canada complete acquisition ofRBC Investor Services’ operations in Europe and Malaysia Paris / Toronto, 3 July 2023 – Today CACEIS, subsidiary of the Crédit Agricole group and Santander, and Royal Bank of Canada (RBC) announced completion of the sale by RBC and purchase by CACEIS of the European asset servicing activities of RBC Investor Services and its associated Malaysian centre of excellence. This transaction, which has received all required regulatory and antitrust approvals, combines two strong asset servicing operations in Europe. With this transaction, CACEIS gains broader international coverage and an expanded offering for all its clients. Covering the entire value chain, CACEIS is strengthening its leading position in European asset servicing. CACEIS’ acquisition of the...

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Royal Unibrew acquires Vrumona in the Netherlands and establishes new growth platform

Royal Unibrew A/S has today signed an agreement to acquire Vrumona from Heineken. Vrumona is the second largest soft drinks player in the Dutch market carrying a range of strong own brands and partner brands. The company and production site is located near Utrecht and has more than 300 employees. Lars Jensen, CEO of Royal Unibrew A/S, states that “we are happy to have signed an agreement with Heineken to acquire Vrumona. Vrumona is a leading soft drinks manufacturer, and it comes with a strong local organization, which makes it a strategic very strong fit for Royal Unibrew. Vrumona will become a new growth platform for Royal Unibrew in continental Europe and is expected to drive organic earnings growth in the coming years”. Transaction overviewAt completion, Royal Unibrew A/S will acquire 100% of Vrumona in consideration of EUR 300 million...

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Van Lanschot Kempen completes acquisition of Robeco online investment platform; welcomes clients and employees to Evi van Lanschot

Amsterdam/’s-Hertogenbosch, the Netherlands, 3 July 2023 Van Lanschot Kempen has completed its acquisition of Robeco’s online distribution platform. With this transaction, Evi van Lanschot will become a leading online investment platform in the Netherlands, with combined assets under management of around €6 billion and about 150,000 clients. Robeco Retail Nederland employees are now part of Van Lanschot Kempen, joining their colleagues at Evi van Lanschot to work towards further growth of the online investment service and the tie-up of both brands and websites – all centred on excellent service and personal attention. The combined Evi van Lanschot platform will continue to offer Robeco’s investment funds. Robeco’s clients will retain their current investments and continue to be able to buy and sell as normal. With the transfer to Evi van...

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Atos enters into exclusive negotiations for the sale of EcoAct

Press Release Atos enters into exclusive negotiations for the sale of EcoActMajor progress on transformation plan: 100% of Atos’ divestment program secured Strategic partnership with Schneider Electric on decarbonizationParis, France – July 3, 2023 – Atos Group, a global leader in digital transformation, today announces that it has entered into exclusive negotiations with Schneider Electric for the sale of 100% of EcoAct SAS and its subsidiaries (“EcoAct”). With this potential transaction, Atos would secure its divestment program of non-core assets while engaging in a strategic partnership with Schneider Electric on decarbonization. EcoAct is an international leader in climate consulting and NetZero solutions offering a unique portfolio of services which covers the entire Net Zero transition value chain, from planning and forecasting...

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Armenian investment fund Balchug Capital confirms acquisition of two landmark commercial real estate assets

Pulkovo Sky business center and Metropolis shopping center acquired Assets of Balchug Capital are now $2 billion Further plans to invest in high-quality real estateYEREVAN, Armenia, July 03, 2023 (GLOBE NEWSWIRE) — The Armenian investment fund Balchug Capital has confirmed the acquisition of two landmark commercial real estate assets in Russia. It has purchased Pulkovo Sky, one of the largest Class A office buildings in St Petersburg, and Metropolis shopping center, one of the largest such malls in Moscow. Both acquisitions were made by international investors who were divesting from Russia and were entirely legal under local and international law. Pulkovo Sky business center, near Pulkovo airport in St. Petersburg, is 76,000 sq.m in size. It was purchased from Finnish investors EKE and Vicus. Metropolis shopping center in Moscow...

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Sidetrade acquires US-based CreditPoint Software to disrupt B2B credit risk market

Acquisition catalyzes disruptive real time B2B credit risk management solutions Enhances Sidetrade’s offer with the most advanced solution and responds to booming B2B e-commerce market Sidetrade strengthens position in North America Accretive acquisition Sidetrade (Euronext Growth: ALBFR.PA), the global leader in AI-powered Order-to-Cash solutions, has announced that it has finalized an agreement to acquire the entire business of CreditPoint Software, a leading provider of real time B2B credit risk management solutions. Two years on from the Amalto takeover, Sidetrade gains a stronger foothold in North America with the acquisition of CreditPoint Software activities. Olivier Novasque, CEO of Sidetrade, said: “By acquiring CreditPoint Software, Sidetrade has undoubtedly enhanced its solution for B2B credit risk management and we are...

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