SYDNEY: European Lithium Limited has acquired a 20% interest in Jadar’s Weinebene and Eastern Alps Lithium Projects (Jadar 80% interest), located adjacent to Wolfsberg Project in Austria. European Lithium Limited (ASX:EUR) announced to shareholders that the Company has entered into a Collaboration Agreement with Jadar Resources Limited (ASX: JDR) (Jadar). The Company has also acquired…
Derek Ivany appointed as President and CEO of Midpoint Holdings Limited
TORONTO: Midpoint Holdings Limited (TSXV: MPT) announced the appointment of Mr. Derek Ivany as President and CEO. In his capacity as President and CEO, Mr. Ivany’s mandate will be to advance Midpoint’s core business in addition to strategically positioning the Company within the rapidly growing fintech and cryptocurrency verticals. As a result, the Company has commenced…
PROLIM Global acquires Australia-based Edge PLM Software
DETROIT: PROLIM Global Corporation has acquired Australia-based Edge PLM Software Pty Ltd., a news release said. Founded in March 2004, with over 330 customers, Edge PLM provides customers across Australia and New Zealand with world-class digital design, simulation, test, manufacturing and data management software and service solutions. Edge PLM specializes in the supply, integration, consulting, and training of Product…
Nokia to deploy 5G network for Movistar Chile
ESPOO: Nokia (HEL: NOKIA) has been chosen by Telefónica’s Latin America brand, Movistar Chile to provide equipment from its AirScale portfolio to launch the operator’s 5G network in the country, news release said. This milestone deployment will enable 5G services for Movistar customers. In addition, Nokia will upgrade Movistar’s 4G and 4G+ networks to strengthen the critical network backbone across Chile’s…
Kristian Lustin resigns as President and CEO of RNB Retail and Brands
STOCKHOLM: Kristian Lustin has announced to the Board that he is leaving his position as President and CEO to move on to a new position at another company. He has six months’ notice. Kristian took over as President and CEO on January 1, 2020 and before that was CFO since 2015. “I want to thank…
FSS and Zwipe to launch next-generation contactless payment globally
OSLO: Financial Software and Systems (FSS), a global provider of integrated payment products and a payment processor, is partnering with Zwipe to bring next generation contactless payment cards to issuers globally. Zwipe is a payment FinTech recognized for having pioneered the development of biometric payments and has delivered many successful pilots around the world. Financial…
Eiffage wins contract for a new bridge on river Rhine for a total value of €180 million
PARIS: Eiffage, through Eiffage Métal and its subsidiaries SEH (Germany) and Iemants (Belgium), recently won, in a consortium with Hochtief and Max Bögl, the contract to build a new bridge on the Rhine in Leverkusen, Germany. The contract amounts to €180 million in total, with Eiffage’s share worth €116 million. The new 2×3 lane bridge…
Alfa Laval to acquire digital service company StormGeo for NOK 3.63 billion
STOCKHOLM: Alfa Laval AB has signed an agreement to acquire StormGeo, a global leader in weather intelligence and advanced data science solutions. The acquisition is part of Alfa Laval’s strategy to support the marine industry’s efforts to decarbonize and make operations more efficient. It will also enhance Alfa Laval’s knowledge within digital services. The closing…
Mycronic AB to acquire atg Luther & Maelzer for $125 million
STOCKHOLM: Mycronic AB is to acquire atg Luther & Maelzer GmbH, a leading global developer, manufacturer and supplier of advanced equipment for electrical testing of PCBs and substrate. The acquisition strengthens and broadens Mycronic’s offering and creates a platform in the field of electrical testing. atg, with approximately 190 employees and domiciled in Wertheim, Germany,…
Incap Corporation temporarily closes down factories in India
HELSINKI: Incap Corporation has closed down temporarily its factories in Tumkur, Karnataka from 10 May until 24 May 2021. “Incap is fully committed to support the local government in its actions to contain the virus and continues also the vaccination program for its employees. Our priority is to protect the health and safety of our…
Iconic Labs to acquire controlling stake in Sting Industries
LONDON: Iconic Labs Plc (LON: ICON) has agreed to acquire a controlling stake of unmanned drone company, Sting Industries Ltd.The consideration is payable in a combination of convertible notes, warrants and cash, and provide a long-term financing facility to meet Sting’s working capital needs. Iconic Labs Plc (LON:ICON), a cutting-edge media, data, information, internet, security,…
Technip Energies awarded contract by Indian Oil Corporation for a new PTA plant
PARIS: Technip Energies (PARIS:TE) has been awarded a large Engineering, Procurement, Construction and Commissioning (EPCC) contract by Indian Oil Corporation Limited (IOCL) for its Para Xylene (PX) and Purified Terephthalic Acid (PTA) complex project at Paradip, Orissa, on the East Coast of India. This EPCC contract covers the delivery of a new 1.2 MMTPA PTA…