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Fincons Group announces closing of acquisition of PDG Consulting’s assets

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The leading IT business consulting and system integration company expands its US based footprint.

NEW YORK, Jan. 9, 2024 /PRNewswire/ — Fincons.US, Inc., a fully owned subsidiary of Fincons Group AG, an international IT business consulting and system integration company incorporated 40 years ago in Italy, with more than 2,700 professionals, has acquired 100% of the assets of PDG Consulting LLC, an IT, business intelligence and digital transformation company specialized in the Media & Entertainment sector. PDG Consulting is based in Los Angeles and has an offshore office in Mumbai (India) and accounts for over 100 professionals, 15 years of experience on the market.

PDG US based employees and customers are now transferred into Fincons.US, Inc, while the Mumbai office, with its 40 professionals, has become an integral part of Fincons India Private Limited, a fully owned subsidiary of Fincons Group AG and sister company to Fincons.US, Inc. This strategic acquisition consolidates Fincons Group’s international expansion, in fact, the Group has quadrupled its turnover and opened 8 new offices in the UK, United States, Germany, France and Belgium, in addition to the historic offices in Italy and Switzerland, since 2013. With Fincons India, Fincons Group aims to further enhance Fincons’ offering of IT services in Smart-Shore, adding a strategic option to complement the Bari Delivery Center maintaining competitiveness and customary high-quality levels to the benefit of all the Group’s customers.

Michele Moretti, CEO Fincons Group, comments: “We have always grown organically to date, thanks to our skills, our focus on building lasting and solid relationships with customers and partners and our commitment to research and development. As a result of our efforts, we’re proud to have achieved key positioning on the international market. Now the time has come to move even further forward and consolidate our expansion plans with a significant step both for Fincons, which becomes more and more a global business, and for our customers, to whom we will now offer even more experience, quality and passion everywhere in the world.”

PDG was in fact selected not only for its strategic positioning on the US market but also for its affinities with Fincons’ values, in particular its attention to people, customers and sustainability. Furthermore, the skill and experience of PDG Consulting’s professionals will complement the Fincons team in the United States, consolidating the expansion process across various target sectors in addition to Media, such as Manufacturing, Financial Service and Energy and Utilities.

This acquisition will contribute to making Fincons’ US presence more relevant. It will also strengthen the Group in terms of assets and workforce, allowing us to offer even more rounded and competitive services to our international customers, who will benefit from an even more complete team, delivering our high standards of service and forward-thinking approach to technological integration, based on the ongoing scouting of best-in-class solutions around the globe,” declares Francesco Moretti, Group Deputy CEO and CEO International.

Adam Tarshis, Partner PDG Consulting, comments: “With a worldwide footprint, a dedicated team comprising thousands of skilled engineers and analysts, and a remarkable four-decade legacy in IT consulting, Fincons provides PDG a much larger platform from which we can leverage our deep proficiency in media operations and video distribution. The new organization also significantly broadens the core capabilities we will be able to offer both new and existing clients. We’re excited by the vision that Michele and Francesco have for the company and are thrilled to help drive Fincons’ expansion in the US”.

The acquisition provides Fincons with a US-based team that is structured to consolidate the existing customer base, that will be offered new services, but also to expand the business by winning new customers.  The new, even stronger, US business now aims to expand its footprint in the Media and Entertainment sector with a special focus on providing services around streaming, leveraging Fincons’ experience supporting a major global operator. Rights management is another area the team will focus on with AllRights, the innovative “all-encompassing” solution developed by Fincons to enable media companies to boost content monetization. Last but not least, the newly strengthened Fincons.US, Inc. will provide advertising solutions for the Media industry, also leveraging the additional drive provided by the partnership with Operative, a global provider of solutions to automate digital and linear revenue workflows, streamline ad operations, and deliver audiences and outcomes to their buyers.

The new Fincons.US expanded team will be at CES to showcase bolstered capabilities. Come and meet the team lead by Stefano Urbani, Deputy CEO Fincons.US and Adam Tarshis, SVP Media US in the Sky Suite at the Aria Resort&Casino by reserving your spot here: https://lnkd.in/drmsV8aD

Photo: https://mma.prnewswire.com/media/2314432/Fincons_Signing.jpg

Contact Details:
Silvia Nanotti
Email: [email protected] 
Phone Number: +39 3662250305

Cision View original content:https://www.prnewswire.co.uk/news-releases/fincons-group-announces-closing-of-acquisition-of-pdg-consultings-assets-302030090.html

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Invitation to presentation of EQT AB’s Q1 Announcement 2024

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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

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

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  • 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

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BioVaxys Technology Corp. Provides Bi-Weekly MCTO Status Update

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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

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