Fintech PR

Personnel changes in the Exyte management: Mark Garvey and Elena Bashkeeva are welcomed as new members of the Executive Board

Published

10 months ago

February 5, 2024

High-tech industry expert Mark Garvey is new Segment CEO for Exyte’s Global Business Unit Advanced Technology Facilities
Elena Bashkeeva will become CFO at Exyte starting April 1^st 2024 and will lead the Finance and Controlling functions as well as IT

STUTTGART, Germany, Feb. 5, 2024 /PRNewswire/ — The following personnel changes are taking place in the Executive Board of Exyte. Mark Garvey joined the Executive Board in December 2023. Elena Bashkeeva will join the Executive Board of the global leader in the design, engineering, and delivery of ultra-clean and sustainable facilities for high-tech industries in April 2024.

Mark Garvey has been appointed to the Executive Board of Exyte. As Segment CEO Advanced Technology Facilities, Garvey is responsible for the Global Business Unit Advanced Technology Facilities (ATF). In addition, he is responsible for the corporate functions Environment, Health and Safety, Operational Excellence, as well as Procurement and Subcontracting. His oversight responsibilities also include Exyte Operations in the regions USA, Continental Europe, as well as Northern Europe and Israel.

Exyte CEO Dr. Wolfgang Büchele states, “Mark Garvey is an expert within the global high-tech industries. He has played a crucial role in shaping the strategic development and success of Exyte in his previous roles. Under his leadership, the Global Business Unit Advanced Technology Facilities has progressively expanded its leading role in its markets. I look forward to further collaborate with him.”

Garvey says, “I appreciate the trust placed in me by the shareholders. I look forward to advancing the future of Exyte as a board member with the skilled and dedicated global Exyte team. Our company has promising business opportunities in all our target industries. Exyte has all the prerequisites to continue to be successful in the future and to implement top-notch and innovative solutions for our clients. I am thrilled to be part of the team that makes this exciting future happen.”

Garvey joined Exyte’s predecessor company, M+W Group, in 2015 as the CEO of the Asia Pacific region. In 2020, he took over as President of the Global Business Unit ATF which is the largest business unit of Exyte.

Elena Bashkeeva announced as CFO of Exyte

Effective April 1, 2024, Elena Bashkeeva will join the Executive Board of Exyte. As Chief Financial Officer (CFO), she will be responsible for the Finance and Controlling functions as well as IT. She will oversee the global corporate functions Accounting, Controlling, Tax and Treasury as well as IT in the future.

Georg Stumpf, majority shareholder and chairman of the supervisory board of Exyte, says, “With Elena Bashkeeva an experienced financial expert joins Exyte as CFO coming from General Electric. Throughout her career, she has achieved visible successes and contributed to the positive development of corporate values. In addition to her professional competencies, she impresses with her open and constructive nature, as well as her modern leadership approach.”

Exyte-CEO Büchele says, “I look forward to working with Elena Bashkeeva and warmly welcome her on behalf of the Exyte management. With her broad expertise acquired at an internationally operating corporation, she will provide important impulses for the further development of Exyte. Together with the Exyte team, we will successfully advance the company in the future.”

Elena Bashkeeva says, “I am excited to join Exyte as CFO, and be part of its dynamic development. Exyte’s strategic positioning presents a prime opportunity to capitalize on the growth opportunities in its target markets. Recognizing the pivotal role of a robust and experience-rich Finance function, I am committed to work together to strengthen Exyte’s competitiveness, drive sustained profitable growth, and contribute to continued success of Exyte in the future.”

Elena Bashkeeva is transitioning to Exyte from General Electric (GE), where she currently serves as the CFO of the GE Steam Power business unit. She started her career at Ernst & Young’s auditing and consulting division. Subsequently, she joined GE, where she advanced through progressive finance management roles within GE’s Energy, Healthcare and Corporate divisions. Her experience encompasses corporate finance, risk management, strategic planning, financial analysis, controlling and audit.

Group CEO and Chairman Dr. Wolfgang Büchele retains responsibility for the Corporate Functions Communications and Investor Relations, Compliance, Human Resources, Internal Audit, Legal and Insurance, Opportunity and Risk Management as well as Strategy and M&A. Furthermore, he continues to oversee the Regional Areas Southeast Asia and Northeast Asia, as well as the Global Business Units Biopharma and Life Sciences as well as Data Centers.

www.exyte.net

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Fintech PR

7th CIIE Successfully Wraps: Highlights by the Numbers

Published

3 hours ago

November 28, 2024

CISION (PR Newswire)

7th-ciie-successfully-wraps:-highlights-by-the-numbers

SHANGHAI, Nov. 28, 2024 /PRNewswire/ — The 7^th China International Import Expo (CIIE) drew to a successful close on November 10th in Shanghai. While many intangible achievements and connections were made, this year’s data shows how the Expo achieved unprecedented success in global participation and business opportunities. Tentative deals totaled USD 80.01 billion, marking a 2 percent increase from the previous year.

Vibrant Participation from around the World

As a crucial platform for global collaboration, the 7^th CIIE invited 77 countries and international organizations from five continents for the Comprehensive Country Exhibition. Participants incorporated unique cultures, national identities, and modern technology into booth designs, with an impressive lineup of over 200 captivating events hosted at the booths. A total of 3,496 companies from 129 countries and regions participated in the Enterprise & Business Exhibition, including 1,585 companies from 104 countries in the Belt and Road Initiative, 1,106 companies from 13 countries in the Regional Comprehensive Economic Partnership, and 132 exhibitors from 35 least developed countries.

Wide Range of Cutting-Edge Innovations and Debuts

Innovative achievements and diverse debuts have consistently been a major highlight from each edition of the expo. At the 7^th CIIE, the Innovation Incubation Special Section showcased 360 innovative projects from 34 countries and regions, supporting the development of small and medium-sized enterprises (SMEs) and startups. In addition, multinational companies introduced 450 new products, services, and technologies, including over 100 global launches, 40 Asia premieres, and over 200 China debuts, unlocking momentum for new drivers of consumer demand.

International Perspectives and Collaborative Dialogues at the HQF

Serving as an important platform for international communication, the Hongqiao International Economic Forum (HQF) becomes a focal point of attention at each edition of the CIIE. Focusing on trending topics, the 7^th HQF attracted over 8,600 registrations and convened more than 300 globally renowned experts and leaders in politics, business, and academia. The 7^th HQF also released the World Openness Report 2024 alongside the World Openness Index, delivering a message of openness and fostering international cooperation.

The 7^th China International Import Expo was undoubtedly a complete success, demonstrating its significant role as a stage for advancing global cooperation. With preparations for the 8^th CIIE actively underway, the expo continues to expand opportunities for global trade and economic cooperation, warmly inviting countries and enterprises from abroad to join!

Visit CIIE official website for more information: https://www.ciie.org/zbh/en/?from=prnewswire

Contact: Ms. Cui Tel.: 0086-21-968888 Email: [email protected]

Photo – https://mma.prnewswire.com/media/2569264/image_5031553_31815944.jpg

Fintech PR

Europi Property Group AB (publ) successfully issues senior unsecured green bonds

Published

3 hours ago

November 28, 2024

CISION (PR Newswire)

STOCKHOLM, Nov. 28, 2024 /PRNewswire/ —

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR TO ANY PERSON LOCATED OR RESIDENT IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER MEASURES TO DISTRIBUTE THIS ANNOUNCEMENT.

Europi Property Group AB (publ) (“Europi” or the “Company“) has successfully issued senior unsecured green bonds of EUR 50m under a framework of up to EUR 100m and a tenor of three years (the “Green Bonds“). The Green Bonds have a floating interest of 3M Euribor plus 500 basis points per annum. Europi intends to list the Green Bonds on the sustainable bond list of Nasdaq Stockholm within 12 months and Nasdaq Transfer Market within 60 days, with an ambition to have the Green Bonds admitted to trading within 30 days.

An amount corresponding to the net proceeds from the Green Bonds will be used in accordance with the Company’s green finance framework (the “Green Finance Framework“).

Skandinaviska Enskilda Banken AB (publ) and ABG Sundal Collier AB have acted as advisors in relation to the issue of the Green Bonds. Vinge has acted as legal counsel in relation to the issue of the Green Bonds.

More information regarding the Green Finance Framework and Sustainalytics’ second party opinion can be found at https://europi.se/bond-investors/

For further information, please contact:
Jonathan Willén, CEO, [email protected]
+46 (0) 8 411 55 77

About Europi (www.europi.se)
Europi Property Group, founded in 2019, is a pan-European real estate investment company headquartered in Stockholm (with an office also in London) investing discretionary capital across all sectors with a flexible investment strategy. Europi has since inception completed public and private transactions of more than €700m in gross asset value alongside its established network of local operating partners and completed four successful exists. By combining a truly entrepreneurial, active ownership approach with focus on social and environmental sustainability, Europi generates long term value and positive impact for all stakeholders.

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

https://news.cision.com/europi-property-group/r/europi-property-group-ab–publ–successfully-issues-senior-unsecured-green-bonds,c4073222

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Fintech PR

Bybit x Block Scholes Derivatives Report: ETH Outperforms BTC

Published

3 hours ago

November 28, 2024

CISION (PR Newswire)

bybit-x-block-scholes-derivatives-report:-eth-outperforms-btc

DUBAI, UAE, Nov. 28, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Blocks Scholes, released the latest weekly derivatives analytics report and uncovered signals indicating ETH’s rise above BTC in the past week.

Fueled by news of current U.S. SEC Chair Gary Gensler’s departure at the end of the Biden administration’s term, ETH performance has positively surprised investors. In particular, open interest in ETH perpetual has been on the rise. Several large-cap altcoins also benefited from Gensler’s announcement, anticipating less scrutiny upcoming January.

Key Insights:

ETH outperformed BTC in open interest: Perpetual swap data has seen a gradual decline in BTC open interest while ETH contracts increased. ETH has also been taking a bigger share of daily trading volumes in the past 6-month time frame despite an overall slower market this week. The optimism could be attributed to hopeful investors’ expectation of a more crypto-friendly SEC Chair after Gensler’s last day on Jan. 20, 2025.

BTC price in retreat: BTC price’s ebbing from the $100K mark has flattened the ATM volatility term structure, with short-tenor options dipping below 60%. This mirrors a pattern observed since the U.S. election. Lower realized volatility explains the drop, while open interest in calls and puts remains unchanged, demands for short-term options this week have stagnated.

ETH options – bullish sentiment in moderation: ETH options show slightly more bullish sentiment than BTC options. Markets have recalibrated after the post-election high, but call options remain in the lead in both trading volumes and open interests.

Access the Full Report:

Read the full report in context here.

#Bybit / #TheCryptoArk /#BybitResearch

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: [email protected]

For more information, please visit: https://www.bybit.com

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