PARIS, FRANCE: Nexans has signed a preferred supplier agreement (PSA) with Empire Offshore Wind LLC to electrify the future of New York State by connecting the Empire Wind offshore projects to the onshore grid, a news release said on Tuesday. The turnkey projects cover the full design and manufacturing, as well as the laying and…
Qatar Stock Exchange to launch listing & trading venue for SMEs
DOHA: Qatar Stock Exchange (QSE) will launch the QE Venture Market (QEVM), which will provide a listing and trading venue for SME’s that do not fulfil listing requirement of the main market, a news release said. The QEVM would give SME owners an opportunity of listing and trading in the bourse in accordance with lighter…
Kersten Hulpmiddelen acquires FullMobility
AMSTERDAM: Value8 NV’s portfolio-company Kersten (a provider of medical aids) has acquired FullMobility, a news release said adding FullMobility will become part of the new group from 1 April 2021. The acquisition fits very well in Kersten’s growth strategy. Both companies see a perfect fit in terms of strategy, DNA, client focus and dedication to…
DTE Electric company completes third green bond offering of $1.0bn
DETROIT: DTE Energy’s subsidiary, DTE Electric company, completed its third offering of green bonds on Monday, March 29. The $1 billion bond offering will finance green, or clean, energy investments, including renewables and energy efficiency programs. In its initial green bond offering in May 2018, DTE became the fifth investment-grade energy company in the nation –…
Armadale Capital gets ESIA approval from NEMC of Tanzania
LONDON: Armadale Capital plc reported that the National Environment Management Council (NEMC) of Tanzania has formally granted approval of the Company’s Environmental and Social Impact Assessment (ESIA) for the production of natural flake graphite from Armadale’s 100%-owned Mahenge Graphite Project in south-east Tanzania. The ESIA is the final necessary step in the Mining Licence application…
Tekna Holding listed on Euronext Growth Oslo
ARENDAL: Tekna Holding AS (Tekna, OSE:TEKNA), the world-leading provider of advanced materials to industry, today began trading on Euronext Growth Oslo, a multilateral trading facility operated by the Oslo Stock Exchange. Oslo Stock Exchange CEO Øivind Amundsen rang the opening bell in Oslo, with Tekna employees from across the world following the event online. Tekna…
Ofcom notifies new regulations for landline and mobile telephone calls market
LONDON: The UK Office of Communication (Ofcom) has notified the procedure on how the wholesale markets that underpin landline and mobile telephone calls in the UK, will be regulated, for the period between April 2021 and March 2026. Call termination: When people call a UK mobile or landline number, the caller’s network provider pays a…
Cyviz and Accenture to deliver next-generation visual collaboration solutions for Expo 2020 Dubai
OSLO: Accenture and Cyviz partner to equip the innovative and collaborative exhibition at Expo 2020 Dubai with a range of Cyviz technology solutions, a news release said. The Expo 2020 theme is ‘Connecting Minds, Creating the Future’, and promotes sustainability, mobility, and opportunity. Accenture is the Digital Services Premier Partner and one of the headline…
Gofore to provide ICT consultancy services to The City of Espoo
HELSINKI: City of Espoo has selected Gofore Lead Ltd (Silver Planet Ltd until 28 January 2021), a Gofore Group company, as the primary service provider in a framework arrangement for ICT consultancy services. Its selection for the framework arrangement entails that Gofore Lead Ltd will be supporting the City of Espoo in its digital transformation….
Alstom wins €220 million contract to provide 234 metro cars for Mumbai Metro
PARIS: Alstom has won a €220 million contract to design and manufacture 234 metro cars for Mumbai Metro Lines 4 & 4A, a news release said. Alstom has been awarded by Mumbai Metropolitan Region Development Authority (MMRDA) the contract to design, manufacture, supply, test and commission 234 metro cars, including personnel training for Line 4…
Lotus Bakeries acquires full control of Lotus Bakeries Italia
BRUSSELS: Lotus Bakeries acquired all of the shares in Lotus Bakeries Italia. From a new office in Milan, Lotus Bakeries’ own team will further strengthen its position on the Italian market. In February 2019, together with its Italian distribution partner Lona, Lotus Bakeries set up a joint venture, Lotus Bakeries Italia, to focus exclusively on…
Paul Kendrick appointed CEO of Studio Retail Group
LONDON: Studio Retail has confirmed that Paul Kendrick has been appointed as CEO of the Company with effect from 26 March 2021, replacing Phil Maudsley who retired from Studio and stepped down as a director of the Company on the same date. As previously announced in June 2020, this is the outcome from a structured…