TROMSØ, NORWAY: ArcticZymes Technologies ASA (OSE:AZT) announced the appointment of Michael Akoh as its new Chief Executive Officer. Michael Akoh is an accomplished business executive with strong leadership experience, and an established reputation in the life sciences sector. He has over 20+ years of international experience in general management, business development and commercialization within the…
OMV Petrom secures financing for four photovoltaic parks in Romania
LONDON, UK: OMV Petrom, the largest integrated energy company in Southeast Europe, announced on Monday that it has signed the financing contracts to build four photovoltaic parks with a total capacity of around 450 MW in Romania. The financing contracts have been signed by the Ministry of Energy, as the contracting authority, and by the…
H&M to enter Brazilian market in 2025
Swedish fashion retailer H&M announced on Monday that it will launch stores and online trade in Brazil in 2025, as part of its expansion strategy in Latin America. Brazil will be the tenth market in the region for H&M, which opened its first store in Mexico in 2012 and is currently present in Peru, Uruguay,…
Cyril Marie appointed Executive Vice-President Strategy & Corporate Development at Wendel
PARIS, FRANCE: Wendel announces the appointment of Cyril Marie as Executive Vice-President, Strategy and Corporate Development with effect from July 25, 2023. In this capacity, he will be in charge of external growth and development projects (M&A, management companies and strategic partnerships) as part of the implementation of the new third-party asset management business within…
Akiem signs a new framework agreement for 100 Traxx multi-system locomotives with Alstom
PARIS, FRANCE: Alstom and Akiem have signed a framework contract for 100 Traxx Universal multi-system (MS3) locomotives. The firm part of the order includes 65 locomotives. The total amount of the framework agreement is up 500 million euros. Akiem confirms its leadership on the leasing European market and its ambition to contribute to the rail…
Eureka Group CEO resigns after personal accident
SYDNEY, AUSTRALIA: Eureka Group Holdings Limited (ASX: EGH), a provider of affordable rental accommodation for seniors, has announced the resignation of its Chief Executive Officer, Mr Cameron Taylor, following a period of personal leave due to a non-work-related accident. Mr Taylor, who joined Eureka in 2020 and led the Company through the latter part of…
East 33 appoints Dr Justin Welsh as new CEO from Harvest Road Group
SYDNEY, AUSTRALIA: East 33 Limited (ASX: E33), a leading producer of premium Sydney Rock Oysters, has announced the appointment of Dr Justin Welsh as its new Chief Executive Officer, effective from 16 October 2023 or earlier if mutually agreed. Dr Welsh joins East 33 from Harvest Road Group, the Tattarang-owned agribusiness, where he served as…
Magnora and Gamcap make significant progress in developing solar PV and BESS in the UK
OSLO, NORWAY: Magnora ASA (Magnora) and UK-based renewable energy developer Gam Capital Limited (Gamcap) have announced a joint operation to develop and finance a portfolio of utility-scale solar PV and battery storage projects in the UK. In 2022, the partners began developing a series of specific projects. This 150 MW portfolio is expected to reach…
OCTP announces breakthrough in cancer immunotherapy
LONDON, UK: Oxford Cannabinoid Technologies Holdings plc (OCTP), a leading pharmaceutical company in the field of cannabinoid medicines, has revealed a promising new drug candidate for the treatment of solid tumours. The drug, which is derived from OCTP’s proprietary library of cannabinoid compounds, has shown remarkable potency and selectivity in targeting a key immune checkpoint…
Diversified Energy sells undeveloped acreage in Oklahoma for $16 million
LONDON, UK: Diversified Energy Company PLC (LSE:DEC), a leading producer of natural gas in the US, has announced the sale of some of its undeveloped land in Oklahoma to an unnamed buyer for about $16 million. The deal involves around 22,000 acres of land in the Central Region, where Diversified has a large presence. The…
Lift Global Ventures invests in AI technology company Sentiance N.V.
LONDON, UK: Lift Global Ventures Plc (AQSE:LFT), a company that invests in financial media, technology and energy businesses, has announced a £50,000 investment in All Active Asset Capital Limited, a private company that invests in global technology, software and AI companies. The investment gives Lift exposure to one of All Active Asset Capital’s portfolio companies,…
Cellular Goods and Springtide Seaweed join forces to remove carbon with kelp
LONDON, UK: A company that aims to remove carbon from the atmosphere by using kelp has teamed up with one of the biggest organic seaweed farms in North America. Cellular Goods (LSE: CBX), through its subsidiary King Tide Carbon Canada Ltd., has signed a preliminary deal with Springtide Seaweed LLC, based in Maine, to create…