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Day: January 21, 2025

AB KN Energies and AB ORLEN Lietuva sign a new transshipment agreement

AB KN Energies (KN or the Company) has signed a new agreement with AB ORLEN Lietuva, part of the Polish capital group ORLEN, for loading at the Klaipėda liquid energy products terminal. As the ten-year transshipment contract term expires, new commitments for loading at the Klaipėda liquid energy products terminal have been signed for three years, with a possibility to extend them. By continuing this strategic cooperation, KN has ensured operational continuity, which will help maintain the Company’s financial stability, smoothly implement planned investments, and ensure the highest level of service for its clients.Tomas Tumėnas, Chief Financial Officer, +370 46 391772

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LACROIX finalizes the sale of the City-Mobility segment with SWARCO.

21/01/2025 LACROIX finalizes the sale of the City-Mobility segment with SWARCO LACROIX announces the sale of its City-Mobility segment to the SWARCO group, in the wake of the exclusive negotiations between the two companies announced on December 12.This operation should be effective in the first quarter of 2025. The scope of the sale includes the Traffic and V2X business units, which represented a revenue of €27.3 million in 2023, or 3.6% of LACROIX’ revenue. At the end of 2024, it employed 122 people across the French sites of Carros (Alpes Maritimes), Ploufragan (Côtes d’Armor) and Cesson (Ille-et-Vilaine), as well as the Spanish site in Madrid. The quality of the industrial and commercial project, essential to the company’s development and the long-term preservation of jobs, was a key criterion in the choice of the buyer...

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From now on, all shopping centres Akropolis managed by Akropolis Group in Lithuania and Latvia have BREEAM Very good certificates

Shopping and entertainment centres Akropolis in Vilnius, Klaipėda and Šiauliai in Lithuania, managed by Akropolis Group, have been assessed according to the international BREEAM In-Use building sustainability standard, rceiving “Very Good” level certificates. Dominykas Mertinas, Head of Marketing and Communications at Akropolis Group, points out that certification of the shopping, entertainment and business centres controlled by the company is one of the strategic goals of the company. “Certification of shopping centres is a part of the ESG program of Akropolis Group, which focuses on environmental protection, social responsibility and corporate governance. We are pleased that the solutions we implement and use in our shopping and entertainment centres, which are both entertainment-friendly and cater to our visitors and employees, are...

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ABC arbitrage – Trading update: New elements on the activities of the 2024 financial year

ABC arbitrage – Trading updateNew elements on the activities of the 2024 financial yearThe purpose of this press release is to factually inform shareholders of any significant new developments regarding the 2024 fiscal year. As a reminder, to date, the statutory auditors have not yet completed all their work on the 2024 fiscal year. The process of closing the accounts and preparing the financial information is still ongoing. The estimates provided in this press release do not replace the audited consolidated financial results for the 2024 fiscal year, which will be published on March 25, 2025. Activity for the financial year 2024 As of December 31, 2024, the Group’s Pace of Activity reached a significantly higher level than in 2023, with an estimated year-over-year (YoY) increase of around 30%. In the publications for the first...

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Duncan Minto appointed Chief Financial Officer of Renault Group

PRESS RELEASE January 21, 2025DUNCAN MINTO APPOINTED CHIEF FINANCIAL OFFICER OF RENAULT GROUP Boulogne-Billancourt, 21st January 2025 – Renault Group is pleased to announce that Duncan Minto will become the company’s new Chief Financial Officer, effective March 1st, replacing Thierry Piéton. Thierry Piéton has decided to take up a new professional challenge, to be announced shortly. His departure from the company will take effect on 28 February 2025. Duncan Minto is currently Chief Financial Officer of Alpine, a position he has held since October 2023. He will be a member of the Leadership Team, reporting to Luca de Meo, CEO of Renault Group. Luca de Meo, CEO of Renault Group, said: “Thanks to his 25 years’ experience in finance and his extensive knowledge of the Group, and the automotive industry, Duncan will be fully primed...

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1/2025・Trifork Group AG announces change in the means of payment of fixed salary to CEO and CFO. Cash remuneration to be partly replaced with share-based payment.

  Company announcement no. 1 / 2025 Schindellegi, Switzerland – 21 January 2025 Change in the means of payment of fixed salary to CEO and CFO. Cash remuneration to be partly replaced with share-based payment. Trifork Group AG (“Trifork”) and its CEO and CFO have agreed to change the means of payment of the fixed salary from cash only to cash and shares of Trifork Group AG for the next twelve months. The reasons for doing so are as follows:Alignment of interests: Transitioning from pure cash salaries to larger share-based remuneration enforces the alignment of interests of management with shareholders. Limited trading: As being defined as permanent insiders, the possibilities to acquire shares of Trifork Group AG are timely limited for the Executive Managers.The change in the means of payment is in accordance with the company’s Articles...

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SEALSQ, WISeKey and Cybersecurity Tech Accord to Host Quantum Security Roundtable Discussion at Davos

Geneva, Switzerland, Jan. 21, 2025 (GLOBE NEWSWIRE) — SEALSQ Corp (NASDAQ: LAES) (“SEALSQ” or “Company”), a company specializing in Semiconductors, PKI, and Post-Quantum technology hardware and software products today announced that its parent company, WISeKey International Holding (“WISeKey” or the “Company”) (NASDAQ: WKEY; SIX: WIHN), a leading global cybersecurity, AI, and IoT company, in collaboration with the Cybersecurity Tech Accord, will organize a roundtable discussion surrounding quantum security during the Davos 2025 event. The roundtable, titled “Cybersecurity in a Post-Quantum AI Era: What Happens When You Mix Generative AI with Quantum Computing?”, will take place on Wednesday, January 22, 2025, at Morosani Schweizerhof hotel in Davos. Roundtable DetailsLocation: Morosani Schweizerhof,...

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Press Release: Opella reaches study milestone for Cialis

  Opella reaches study milestone for Cialis Paris, January 21, 2025. Opella, Sanofi’s Consumer Healthcare business, announced that the US Food and Drug Administration (FDA) has lifted a clinical hold on its planned actual use trial (AUT) to support the switch of Cialis (tadalafil) from a prescription to an over-the-counter medicine. This decision allows for the initiation of the AUT and makes Cialis the first PDE-5 inhibitor to achieve this milestone. AUTs evaluate the use of the medicine under real-world conditions to identify any issues that have not previously been identified and to confirm that consumers can self-diagnose and treat themselves appropriately without the help of a healthcare provider. Julie Van OngevallePresident and CEO, Opella“We are pleased that the FDA has completed their review and is allowing us to initiate this...

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IBA and Wallonie Entreprendre International secure 30% stake in mi2-factory to support improved efficiency of silicon carbide-powered devices

  Louvain-La-Neuve, Belgium, 21 January 2025 – IBA (Ion Beam Applications S.A., EURONEXT), the world leader in particle accelerator technology, and Wallonie Entreprendre International (WE International), the international branch of the Walloon public investment company, today announce a joint strategic investment of EUR 5 million each in mi2-factory, a start-up and spin-off from the University of Applied Sciences Jena, Germany. This investment secures a 15% stake for IBA and a 15% stake for WE International. mi2-factory specializes in nitrogen implantation in silicon carbide (SiC), an important process to improve the efficiency of SiC power semiconductor chips. Those chips are essential components in modern power electronic systems serving in a range of sectors, including electric mobility, energy generation from wind and solar,...

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Construction of the second phase of the “Tartu Südamekodu” elderly care home in Tartu County

Last year, EfTEN Ermi OÜ, a 100% subsidiary of EfTEN Real Estate Fund AS, in cooperation with the operator Tartu Südamekodu OÜ has completed the construction of the 120-bed elderly care home on the land used under building rights at 13 Ermi Street in Tila Village, Tartu County. Tartu Südamekodu OÜ started providing elderly care home services to clients from August 2024. The clients are satisfied, and the occupancy rate has exceeded initial expectations. Strong demand for elderly care home services will allow to start with second phase of construction and finish the part of the building that was initially built as a so-called grey finishing.  After the construction of phase II, it will be possible to accommodate an additional 60 client. EfTEN Ermi OÜ signed a contract for construction works with RIS Ehitus OÜ, who made the best offer. Construction...

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