Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Fintech PR

National Fund of the Republic of Austria for Victims of National Socialism: Holocaust Survivors from Austria to Receive Additional Benefits

Published

on

national-fund-of-the-republic-of-austria-for-victims-of-national-socialism:-holocaust-survivors-from-austria-to-receive-additional-benefits

VIENNA, Oct. 31, 2023 /PRNewswire/ — The National Fund of the Republic of Austria welcomes the resolution issued by the Austrian Federal Government to provide additional support to all living victims of National Socialism from Austria. With this step, Austria is reaffirming its special responsibility towards people persecuted by the Nazi regime. An initiative of the Claims Conference provided the impetus for this Federal Government resolution, which was the product of joint negotiations between the Claims Conference and the Austrian Federal Government.

Extraordinary Disbursal of the Gesture Payment

This Austrian Federal Government resolution of 20 September 2023 provides for a one-time extraordinary gesture payment of approx. 5,000 euros to all living victims of National Socialism from Austria under National Fund criteria. According to estimates, there are around 3,500 to 4,000 people living in over 50 countries worldwide who will be eligible to receive the payment.

Victims of National Socialism who have already been recognised as such by the National Fund and who have previously received a gesture payment do not need to submit a renewed application. In order to receive the extraordinary gesture payment, entitled persons must submit a proof of life certificate, contact information and their bank details to the National Fund. The National Fund has recently sent out letters to eligible persons along with the forms that must be filled out to receive the payment. These can also be obtained online through the National Fund’s website: https://www.nationalfonds.org/gesture-payment.

The Foreign Ministry and the Austrian diplomatic missions abroad will provide local support, by certifying the proof of life certificates free of charge, for example. Payments to the oldest cohorts will be commenced by the National Fund before the end of this year and continued in 2024. With its many years of experience in providing benefits and compensation to victims of National Socialism, the National Fund will see to it that these funds are disbursed to the entitled recipients quickly and efficiently.

Additional Payments in Cases of Special Need

The resolution also makes provision for Holocaust survivors from Austria living in difficult financial circumstances to continue to apply for an annual payment from the National Fund. These payments for victims of National Socialism who qualify for extra support in accordance with National Fund criteria will also be available from 2024 onwards. The people concerned will be contacted personally by the National Fund.

Assistance Fund and Educational Projects

In addition, the government has undertaken to increase the resources of the Assistance Fund – an emergency assistance programme for Holocaust survivors set up at the Austrian Ministry of Social Affairs – and to step up support for educational projects that raise awareness about the Holocaust.

Additional support for Holocaust survivors from Austria in Israel

Moreover, the Board of Trustees of the National Fund unanimously decided at its meeting on 12 October 2023 to send 150,000 euros in emergency aid to Holocaust survivors from Austria. This will go directly to the Central Committee of Jews from Austria in Israel, which currently looks after around 400 former persecutees from Austria and provides financial assistance to those living in difficult circumstances.

The Chairman of the Board of Trustees of the National Fund, National Council President Wolfgang Sobotka, emphasised that the terrible atrocities carried out in the terrorist attack on Israel had evoked the horrors of the Shoah again for the victims of National Socialism. It was important to provide rapid assistance and to support Austrian Holocaust survivors on the ground.

In the current situation, efforts are mainly focused on providing psychosocial care and the support of social workers and also on maintaining contact. The Central Committee also provides survivors with day-to-day assistance, for example by delivering food and medical supplies.

The Board of Trustees of the National Fund includes the Presidents of the National Council, Members of the Federal Government and of all parties represented in Parliament, as well as representatives from Nazi victim organisations.

President of the National Council Wolfgang Sobotka: “As Chairman of the Board of Trustees of the National Fund, it is of particular concern to me that the survivors from Austria are supported. Austria is acutely aware of its responsibility towards the victims of National Socialism. In the many years since it was founded, the National Fund has supported over 30,000 survivors from Austria in more than 50 countries worldwide. The work of the National Fund centres around the victims – people who were persecuted by the Nazi regime for a whole variety of reasons. This payment is a further important step to support them. It shows that we as a society are committed to never forgetting the darkest chapter of our past.”

Federal Minister for the EU and the Constitution Karoline Edtstadler: “Austria bears a special responsibility for the crimes of Nazi tyranny in which many Austrians took part. With this extraordinary payment, the Austrian Federal Government is making another important gesture to support surviving Austrian victims of Nazi tyranny in their day-to-day lives. We cannot undo the Nazis’ crimes, but we will do everything we can to help those who were victims of their dehumanising hatred – as a matter of decency, a matter of conscience and of our historical responsibility. The brutal terrorist attack by Hamas on Israel has once again brought the security issue of the Jews painfully into focus. To us it is clear: The security of Israel and the Jewish people is non-negotiable!”

Federal Minister of Finance Magnus Brunner: “Austria not only acknowledges its historical responsibility, but also acts in accordance with it. The decision to make this gesture payment to Nazi victims and Holocaust survivors serves to underline this responsibility.”

The Secretary General of the National Fund Hannah Lessing: “Following prolonged efforts, I am delighted that the Austrian Federal Government is making this renewed gesture of recognition towards all victims of National Socialism. Given the age of the beneficiaries, who often live in precarious circumstances, this help is particularly valuable.”

Executive Vice-President of the Claims Conference, Greg Schneider, said: „After ongoing negotiations, we are pleased to have achieved this milestone with the Austrian government. Austrian Holocaust survivors living globally deserve this recognition. While the Claims Conference has been supporting Austrian Jewish survivors with critically needed assistance for home care and other welfare services, these additional payments from the Austrian government, while symbolic, will go a long way for some of the more vulnerable in that waning population.”

Ambassador Stuart E. Eizenstat, Special Negotiator for the Claims Conference, who had previously negotiated under the Clinton Administration as Deputy Secretary of the Treasury and Special Adviser to the President and Secretary of State on Holocaust Issues, resulting in the January 2001 Washington agreement with the government of Austria said: “The impact of this hard-fought, symbolic payment for Austrian Jewish Holocaust survivors cannot be overstated. Aside from the money which will undoubtedly be a benefit to those who receive it, this achievement indicates a level of accountability and acknowledgment on behalf of the Austrian government. These elderly Holocaust survivors, one third of whom live in poverty today, suffered grievously in their youth. This gesture of responsibility acknowledges their suffering and hopefully slightly eases their burden in this final chapter of their lives.”

Enquiries:

National Fund of the Republic of Austria for Victims of National Socialism
Parliament, Dr.-Karl-Renner-Ring 3, 1017 Vienna
Tel. +43 1 408 12 63, email: [email protected]
Web: www.nationalfonds.org

 

View original content:https://www.prnewswire.co.uk/news-releases/national-fund-of-the-republic-of-austria-for-victims-of-national-socialism-holocaust-survivors-from-austria-to-receive-additional-benefits-301971781.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Fintech PR

Invitation to presentation of EQT AB’s Q1 Announcement 2024

Published

on

invitation-to-presentation-of-eqt-ab’s-q1-announcement-2024

STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.

The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.

To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.

The webcast can be followed live here and a recording will be available afterwards.

Information on EQT AB’s financial reporting

The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.

The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]

Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826

The following files are available for download:

https://mb.cision.com/Main/87/3956826/2712771.pdf

Invitation to presentation of EQT AB’s Q1 Announcement 2024

https://news.cision.com/eqt/i/eqt-ab-group,c3285895

EQT AB Group

 

View original content:https://www.prnewswire.co.uk/news-releases/invitation-to-presentation-of-eqt-abs-q1-announcement-2024-302109147.html

Continue Reading

Fintech PR

Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

Published

on

kia-presents-roadmap-to-lead-global-electrification-era-through-evs,-hevs-and-pbvs
  • Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
  • Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
  • Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
    • Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
    • PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
  • Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
  • 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
  • CEO reaffirms Kia’s commitment to ESG management

SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.

Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.

During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.

The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.

“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”

Photo – https://mma.prnewswire.com/media/2380039/Photo_1__2024_CEO_Investor_Day.jpg
PDF – https://mma.prnewswire.com/media/2380040/Press_Release__2024_Kia_CEO_Investor_Day_240405.pdf

Cision View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/kia-presents-roadmap-to-lead-global-electrification-era-through-evs-hevs-and-pbvs-302109142.html

Continue Reading

Fintech PR

BioVaxys Technology Corp. Provides Bi-Weekly MCTO Status Update

Published

on

biovaxys-technology-corp.-provides-bi-weekly-mcto-status-update

VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.

As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.

The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.

Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.

About BioVaxys Technology Corp.

BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.

ON BEHALF OF THE BOARD

Signed “James Passin
James Passin, Chief Executive Officer
Phone: +1 646 452 7054

Logo – https://mma.prnewswire.com/media/1430981/BIOVAXYS_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/biovaxys-technology-corp-provides-bi-weekly-mcto-status-update-302108920.html

Continue Reading

Trending