Month: January 2025

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...

  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...

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,...

  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...

  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,...

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...

Fabrice ChouraquiPhoto of Fabrice ChouraquiLeiden, the Netherlands, January 21, 2025: Pharming Group N.V. (“Pharming” or “the Company”) (EURONEXT Amsterdam: PHARM/Nasdaq: PHAR) announces today that the Board of Directors has nominated Fabrice Chouraqui to become Pharming’s new Executive Director and Chief Executive Officer, succeeding Sijmen de Vries. Pharming will nominate Mr. Chouraqui for the appointment as Executive Director and Chief Executive Officer for a term of four years at an upcoming Extraordinary General Meeting of Shareholders (EGM). Information regarding the EGM, including the notice to convene, will be shared shortly in a separate press release. Upon the appointment of Mr. Chouraqui, Sijmen de Vries will resign from the Board of Directors. To ensure a smooth hand-over of tasks and responsibilities, Mr. de Vries...

                                                                                                                                                                                        WISeKey Establishes Charity Partnerships to Provide Digital Identities and Financial Inclusion to Over One Billion People DAVOS, Switzerland – January 21, 2025 – WISeKey International Holding (“WISeKey” or the “Company”) (NASDAQ: WKEY; SIX: WIHN), a leading global cybersecurity, AI, and IoT company, today announced a groundbreaking partnership with Abraham House and the Global Financial Literacy Initiative (GFLI) during the World Economic Forum in Davos. This collaboration represents a significant step towards delivering secure digital identities and financial inclusion to over one billion unbanked individuals worldwide. The partnership aligns with Abraham...

PRESS RELEASE BPCE and Generali to Create the Largest Asset Manager in Europe by revenues and a Major Player Worldwide Milan & Paris, 21 January 2025 – Assicurazioni Generali S.p.A. (“Generali”) and BPCE today announce that they have signed a non-binding Memorandum of Understanding (“MoU”) to create a joint venture between their respective asset management operations Generali Investments Holding (“GIH”)1 and Natixis Investment Managers (“Natixis IM”). BPCE (through Natixis IM) and GIH would each own 50% of the combined business with balanced governance and control rights. Overview of the proposed joint ventureCreation of a major global champion, with €1.9 trillion2 in assets under management, ranking #9 worldwide by AUM, and the leader in asset management in Europe with €4.1bn in revenues3.Critical scale in the fast-evolving...

Ad hoc announcement under Art. 53 LRBaar (Switzerland), 21 January 2025 Based on preliminary unaudited figures, Ascom reports for fiscal year 2024 a revenue of CHF 286.7 million, which is a decline of 1.6% at constant currencies, and an EBITDA margin of around 7.5%. In a continuing challenging market environment, Ascom generated net revenue of CHF 286.7 million for fiscal year 2024 (2023: CHF 297.3 million), which reflects a decline of 1.6% at constant currencies and of 3.6% at actual currencies compared to the previous year, based on preliminary unaudited figures.  Revenue development showed a mixed picture. The best performance was achieved in the key markets Nordics, DACH, the Netherlands, and Italy, while UK and the OEM business underperformed due to lower market traction than expected and project delays in the last quarter of 2024....