HELSINKI, FINLAND: Tomi Pienimäki, Finnair’s Chief Digital Officer, will leave Finnair by the end of January 2022 to take on the position of CEO of a Finnish digital services company Siili Solutions Oyj. “I want to thank Tomi warmly for his excellent work for leading the development of Finnair’s digital services and IT infrastructure. During…
Hyloris acquires breakthrough, patented technology from Rhoshan
LIÈGE, BELGIUM: Hyloris Pharmaceuticals SA has entered into an exclusive, worldwide licensing agreement with Rhoshan Pharmaceuticals Inc. to develop, manufacture and commercialise intravenous acetylsalicylic acid (previously known as Hyloris’ HY-073) for the treatment of patients with suspected acute coronary syndromes (ACS). Acetylsalicylic acid IV is currently not available in the U.S. and Hyloris anticipates commercialising…
EQTEC plc agrees to acquire waste-to-energy project in Greece
LONDON, UK: EQTEC plc has signed an agreement for the proposed acquisition of a 5MWe project in Drama, North Eastern Greece, through the recently established EQTEC Synergy Projects Limited, a joint venture between EQTEC and its Greek strategic partners, German EPC company, ewerGy GmbH. Once acquired, the JV will lead the development of a new…
CinCor Pharma raises $143 million in Series B Financing
LONDON, UK: RTW Venture Fund Limited notes the announcement by CinCor Pharma Inc. on 12 October 2021 of its completion of a US$143 million Series B financing round. The Company, alongside other investment vehicles of RTW Investments, LP, confirms that it participated in the Series B financing round together with other investors. CinCor is a…
Elixirr International selling 2.27% shares in secondary offering
LONDON, UK: Elixirr International plc has announced secondary offering of 1.047 million shares representing 2.27 per cent of the existing issued share capital of the company. Elixirr International, an established, global award-winning challenger consultancy, announces that it has been informed by certain Partners, Directors, PDMRs and Shareholders of the Company of their intention to sell,…
Seeing Machines forms European sales team to boost Guardian installation
LONDON, UK: Seeing Machines Limited, the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, has announced the establishment of a European sales team, headquartered in Amsterdam, the Netherlands, to lead the next phase of its business development and focus on growing demand in Europe for the Company’s Aftermarket…
Airtel Africa appoints Tsega Gebreyes new non-executive director
LAGOS, NIGERIA: Airtel Africa Plc announced the appointment of Tsega Gebreyes as an Independent Non-Executive Director with immediate effect. Ms Gebreyes is the founding partner of Satya Capital Ltd., a private investment firm specialising in Africa-related investments. She served as Chief Business Development and Strategy Officer of Celtel International BV and Senior Advisor to Zain….
Ebiquity opens new office to tap Indian advertising market
LONDON, UK: Ebiquity plc, a world leader in media investment analysis, announced the opening of a new office in Gurgaon, India, in response to the significant growth in the Indian advertising market. The office builds on the presence of FirmDecisions, Ebiquity’s contract compliance specialist business, which has been operating in Mumbai since March 2017. India…
Nestlé creates geographic zones North America and Greater China
VEVEY, SWITZERLAND: The Nestlé Board of Directors has approved the creation of new geographic Zones, as of January 1, 2022. The new architecture will strengthen the company’s market-led approach and further Nestlé’s ability to win in a rapidly changing environment. The structure also underscores the company’s deep commitment to succeeding in all parts of the…
DS Smith completes €50 million sale of De Hoop paper mill
LONDON, UK: Further to the announcement of 16 July 2021, DS Smith announced the completion of the sale of the De Hoop paper mill in the Netherlands, to De Jong Packaging. The mill produces mainly heavier grades of recycled paper and the sale further aligns our internal paper production with our priorities in light-weight sustainable packaging…
Pendragon appoints Ian Filby as Non-Executive Chairman
LONDON, UK: Pendragon PLC announced the appointment of Ian Filby as non-executive chairman of Pendragon PLC. Ian’s appointment will formally commence on 01 November 2021. In addition to his duties as non-executive chairman, Ian will also chair the Company’s Nomination Committee and serve on the Company’s Remuneration Committee. Simultaneously with the commencement of Mr Filby’s…
Avingtrans makes minority investment in Adaptix
OXFORD, UK: Avingtrans Plc announced its £2.5 million participation in a £12.9 million fund raise [H1] by emerging medtech leader, Adaptix Ltd, based in Oxford, UK. Adaptix’s focus is on transforming radiology, by allowing low-cost, low-dose 3D portable imaging. It has developed a number of novel technologies and imaging approaches in relation to Digital Tomosynthesis (DT)….