Press Releases by Category Business, Economy, Finances, Banking & Insurance
MBB Industries reports record sales and earnings in 2012
- Consolidated net profit up 303% to EUR13.4 million
- Earnings per share increase from EUR0.51 to EUR2.08
- Revenue rise by 87% to EUR204.9 million
- Good start into 2013, outlook remains positive
Berlin, 28 February 2013. Based on preliminary unaudited figures, MBB Industries AG (ISIN DE000A0ETBQ4), a family-owned, medium-sized corporation, has closed the 2012 financial year with new record levels of revenues and earnings. Consolidated net profit increased by 303%, from EUR3.3…
Government Support Boosting Banking Sector in Saudi Arabia
Saudi Government has been pro-active in its role on fuelling the economy, which is evident from the significant regulatory developments in the Kingdom’s banking sector. The government's ambitious spending programs to improve infrastructure has played a key role in enhancing business for the banking players. Despite the Euro zone crisis, the Saudi Arabian Banking Industry registered an impressive growth, and it is estimated that the lending will grow at a…
Techno Brain Complements the NetHope Academy Training Program
Fresh graduates undergoing internship prior to job placement
Techno Brain, a leading Software Development Company has partnered with the NetHope academy by providing placement opportunities for fresh university graduates who are trained in a six-month program at the academy to enhance their classroom and on-the-job IT skills.
The NetHope program launched in Kenya in March 2012 is open to students in Kenya, Rwanda, and South Africa. Most of the graduates handpicked…
Crestron 64X64 DigitalMedia™ Switcher begins shipping today
Largest Capacity DM® Switcher Yet Features 4K Support, All-New Blade I/O Expansion and Built-In Touch Screen for Easy Setup of Large-scale Digital AV Networks
Crestron today announced the release of the new 64X64 DigitalMedia™ switcher, the newest and most powerful addition to its family of industry-leading digital AV networking solutions. Crestron DigitalMedia™ is the world's only complete, engineered digital AV distribution solution and the most extensive audio/video networking platform ever developed.…
BREAKING NEWS: ALGAE-X International acquired by AXI International Holdings
FORT MYERS, FL USA: AXI International, a Florida-based manufacturer of Diesel Fuel Optimization and Maintenance Systems, announces today that it has been acquired by AXI International Holdings. The new executive management team includes Islam Nahdi as President, Wessel van Tonder as CEO, and Bill O’Connell as Executive Vice President. AXI founder, Wout Lisseveld will continue as a consultant to the company, focusing on international business development.
As a result of the…
Destimoney on the Path of Achieving 400 Crore Business in Current Quarter
Mumbai: Destimoney Enterprises, one of India’s leading mortgage solution providers, is working towards achieving a business of around INR 400 crores in the fourth quarter of the present fiscal year. Destimoney achieved a target of INR 345 crores in the third quarter. The fourth quarter sales are expected to rise as RBI's policy is definitely a key to boosting real estate market sentiment and is sending out positive signals to…
Techno Brain and Kale Logistics sign Partnership Agreement
Techno Brain becomes Kale Logistics’ partner and will strengthen its sales, implementation & support infrastructure in African region.
Techno Brain, an ISO 9001:2008 certified & CMMI Level 3 Company, and Africa’s leading Custom Software application provider and Systems Integrator, is now Kale Logistics’ Partner in the African region. Under this agreement Techno Brain and Kale Logistics will synergize and leverage their combined strengths in the areas of sales, implementation & support…
IBS Software inks a multi-million deal with Turkish Cargo
Trivandrum, India: 27 February, 2013: Leading IT solutions provider to the global aviation industry, IBS Software, has signed a multi-million dollar, ten year contract with Turkish Cargo, the cargo division of the Turkish Airlines, for the implementation of its iCargo solution. This was announced in Istanbul after both parties signed on the dotted lines earlier in the week. The solution will power the airlines’ entire air cargo movement worldwide and…
Seamless Collaboration with Document Management and CRM
Fremont, California, February 26, 2013 - Soffront Software Inc., the CRM software leader, today announced an enhanced document management module as a part of its Small and Medium Businesses (SMB) CRM solution. This completely web based solution allows a business to securely store and organize essential documents like sales documents, marketing collateral, and proposals in the cloud and collaborate with customers, partners, and employees in the CRM.
It is…
MFI International Receives Corporate Mexican Customs Broker’s License
El Paso, TX, February 26, 2013 – Once again, MFI International has taken the lead in facilitating cross- border manufacturing transactions between the United States and Mexico by obtaining the first Textile Corporate Mexican Customs Broker’s License.
Specifically, the permit has been issued by the Mexican Government Customs Agency (SAT) to Jorge Fierro, MFI’s agent, who will act as their Mexican Customs Broker coordinating all cross-border activities for the company with…
Jo Ann Koontz and Marina Parkin Launch Koontz & Parkin, CPA, in Sarasota, Florid …
SARASOTA, FL – Well-known Sarasota attorney and CPA Jo Ann Koontz and CPA Marina Parkin have launched Koontz & Parkin, CPA.
Koontz will continue to own and operate Koontz & Associates, PL, a Sarasota law firm focusing on residential and commercial real estate transactions, federal and state tax law and business law.
“Marina brings a wealth of experience and a proven track record,” said Koontz, “ensuring that we can provide our…
Maxmetrics launches agile book aligned to the "Project Management Body of Knowle …
MaxMetrics released the book "Going Agile Project Management Practices" by Gloria J. Miller in paperback, epub, and Kindle formats. The book takes the view that every project should apply agile and risk management practices to deliver value and adapt to changing environments.
"Going Agile Project Management Practices" is not specific to any one agile methodology. It is designed to introduce different agile themes and practices and to act as a reference…
European Data Forum 2013
Discussing the challenges and opportunities of data intense sectors in an emerging European data economy
The European Data Forum (EDF) is an annual meeting place for industry, researchers, policy makers, and community initiatives to discuss the challenges and opportunities of (Big) Data in Europe.
What do the following organisations have in common?
An oil company dealing with complex engineering technologies and strong marketing intelligence needs, a publisher establishing new innovative content businesses,…
XCOM Africa invited to Harvard Business School
Boston/Willich, 18.02.2013
XCOM Africa was recently invited to participate as one of a few selected panelists at the 15th Africa Business Conference, organized by the Harvard Business School in Boston, MA. The conference aimed to showcase those who continue to shape and influence the African story through business and enterprises, and to create an environment for like-minded individuals to meet, exchange ideas and spur one another on to action.…
Techno Brain Opens a New IT Training Centre in Nairobi
Techno Brain Opens a New IT Training Centre in Nairobi
Techno Brain, Africa’s leading IT Solutions, IT Training and BPO/ITES services provider, has opened the 2nd IT Training Center in Nairobi, Kenya.
Located in the beautiful setting on the 1st floor Fedha Plaza in Westlands, Nairobi the certified center will offer an array of services to customers ranging from certified instructions offered by certified instructors, ensuring customer satisfaction and maximum enjoyment…
Mortgage lending in Poland to resume growth - but not until 2014
“The value of outstanding mortgage lending in Poland inched up a mere 1% in 2012, reaching a total 316 billion PLN at year end. Also, 2013 is not likely to bring a significant improvement as positive factors - including a new governmental support program for first-time homebuyers, a more-relaxed regulatory environment, lower nominal interest rates, and higher affordability of real estate due to lower prices—are not expected to take full…
ISO IEC 17025 Internal Auditor and Measurement of Uncertainty Course 2013 at Doh …
23 Feb 2012, Qatar - Doha Training Center W.L.L. and Global Manager Group are jointly announcing the ISO/IEC 17025 Internal Auditor and Measurement of Uncertainty Course - 2013 at Doha, Qatar on 11 and 12 March, 2013. The ISO 17025 training program will be helpful and beneficial for more than 25 accredited ISO/IEC 17025 laboratories and other 100 laboratories in Qatar. DTC and Global Manager Group are jointly organizing this…
Kanoo Machinery wins DP World’s Top Vendor Award
Dubai, UAE – February 24, 2013: Kanoo Machinery, a member of The Kanoo Group led by Mr. Bob Jennings (General Manager) received DP World’s Top Vendor Award held recently at DP World-Jebel Ali, Dubai.
The accolade was initiated by DP world in recognition of Kanoo Machinery’s exemplary performance and ongoing contribution towards DP World UAE Region’s success in the year 2012.
The distinct survey resulted to Kanoo Machinery as: No. 1 Supplier…
Oliver Wight releases new Integrated Business Planning brochure
Business improvement firm Oliver Wight has published a new guide to Integrated Business Planning, its blueprint for outstanding business performances and long-term commercial gains.
“Integrated Business Planning provides the perfect platform for innovation, and it creates opportunities for organisations to drive sales up and costs down,” explains Oliver Wight EAME partner, Liam Harrington. “It gives the senior executive team an accurate and holistic view of the entire business over a…
Eaton names Subhasis Chatterjee Managing Director – Hydraulics, India
Diversified industrial manufacturer Eaton announced that Subhasis Chatterjee has been named as managing director for the company’s Hydraulics business in India. Chatterjee will report to Shyam Kambeyanda, president of Eaton’s Hydraulics business in the Asia Pacific region. Chatterjee succeeds Nitin Chalke who was recently named managing director of Eaton in India.
“I am pleased that Subhasis has taken this new leadership role after his diversified global assignments in the Hydraulics…
Clothing B2C E-Commerce in Russia is expanding
yStats.com, a Hamburg-based secondary research company, has completed and released the “Russia Clothing B2C E-Commerce Report 2013”, a study covering online shopping regarding clothing in Russia. The study shows a marked increase in internet purchases, with clothing sales showing the greatest growth. Nearly half of online shoppers in Russia purchased clothing, shoes and accessories over the Internet in 2012, double the 2011 figure.
Online sales of clothing outpace other items
The…
Glasgow Interactive Launch New Makeup Campaign This Week
Glasgow, UK, February 2013 – Glasgow Interactive announce they are breaking into the beauty sector this week with the launch of a brand new makeup campaign.
Glasgow Interactive work in live event marketing and have been working primarily in the telecommunications and charity fields in since their company launch in early 2012. This week however straight after they announced the opening of a second branch in Edinburgh next month, they announce…
Attorney John Zavitsanos from Houston’s AZA Recognized among Nation’s Best for C …
HOUSTON – Accomplished attorney John Zavitsanos, a founding partner of the Houston complex commercial litigation and intellectual property firm Ahmad, Zavitsanos, Anaipakos, Alavi & Mensing P.C., or AZA, is being recognized for providing superior client service based on a recent survey of top corporate counsel at U.S. companies.
BTI Consulting Group, a 20-year-old Massachusetts-based polling and analysis firm, conducted the survey of 240 general counsel at Fortune 1000 companies to identify…
Learn Tactics to Close More Transactions with Martin Esqueda
Riverside, CA. (February 18, 2013) – On Thursday, February 21, Agent Cheetah Coaching and Consulting COO, Martin Esqueda will make a special guest appearance on The Power Is Now online radio program with host Eric Lawrence Frazier. Esqueda will discuss the reasons why many agents fail in the real estate industry, how agents can succeed in this turning market, information on how agents can build their REO clientele, practical ways…
Optimise factoring by mouse click
Special web portal optimises interaction between factor and clients / all documents available at all times / new release with extensive filter and export function
Anyone who uses factoring as a financing instrument or provides it as a factor knows what a flood of information is circulating about purchase and payment transactions every day. What seriously complicates the situation is that factoring institutions usually send out their information by normal…
Alsbridge, Inc. Named to the List of World’s Best Outsourcing Advisors, Fifth Co …
(DALLAS, Texas) February 19, 2013 - Award winning benchmarking, sourcing and transformation advisory firm, Alsbridge, Inc., today announced that it was named to the list of World’s Best Outsourcing Advisors by IAOP, for the fifth consecutive year.
The 2013 Global Outsourcing 100 and The World's Best Outsourcing Advisors by The International Association of Outsourcing Professionals® (IAOP®) recognizes the world’s best outsourcing service providers and advisors. “Being named to The…
Platts joins hands with PolymerUpdate
Platts,the leading global energy, petrochemicals and metals information provider and a division of The McGraw-Hill Companies, has entered into a strategic partnership with India’s leading petrochemical information provider PolymerUpdate, to publish unique and critical India- and Asia-specific petrochemical market content. These services are available only to users in South Asia (India, Pakistan, Sri Lanka, Bangladesh).
Starting Wednesday February 20, 2013, PolymerUpdate and Platts will jointly publish weekly ‘Polymer Scans’ which…
Xenophontos & Associates Wins 2013 Global Accountancy Experts Award
Nicosia, Cyprus (4th February, 2013) - Xenophontos & Associates, one of the leading accounting and auditing firms in Cyprus, has been chosen as the winner of the 2013 Global Accountancy Experts Award in the category: 'Full Service, Accountancy Firm of the Year (2013) in Cyprus'.
Global Accountancy Experts is the foremost guide to the world's leading accountants, compiled by the only organisation to recommend a single accountancy expert in each main…
Most Efficient Techniques on Finance Management
La Harba, CA, February 1 /ProjectManager/ --Having insufficient funds is a very common issue with project management. Project finances depend on the size of the project itself and how big the requesting organization is. Big projects require big funds, but there really are times that there isn’t enough.
In bigger organizations, there is usually a department assigned to do nothing but take care of finances for different projects, big or small.…
Strongly differing Developments of Internet and B2C E-Commerce Markets in Asia
According to the “Asia B2C E-Commerce Report 2013” by yStats.com, there are distinct differences regarding the development of Internet usage and online retail in the Asian region. Mobile online retail, for example, has many users in developed markets such as Japan, South Korea, and China, while less developed countries are facing low online sales and general Internet problems.
Besides the “Asia B2C E-Commerce Report 2013”, the “Asia B2C E-Commerce and Online…
Leading antioxidant producer Songwon Industrial Co., Ltd. to restructure financi …
- Company stabilizes financial structure through new syndicated loan
- Anticipates improved credit rating and strong growth potential through more advantageous, long term borrowing
Seoul, Korea – February 19, 2013 – Ulsan-based Songwon Industrial Co., Ltd. (CEO Jongho Park), a leading producer of Specialty Chemicals and in particular of plastic antioxidants, announces plans to secure financing that will ensure financial stability and establish a firm foundation for the company’s future growth. The company has…
Technical Foam Services Creates Foam Inserts for Rak Ceramics
Northamptonshire, United Kingdom (18th February, 2013) - Technical Foam Services Ltd, a leading independent engineering-based manufacturer and foam producer, earlier this month secured a contract with leading ceramic tile design and manufacturer Rak Ceramics.
Rak Ceramics specialises in offering a range of high-quality ceramic tiles, distributing their products to DIY retailers and kitchen designers nationwide.
Sales representatives from the company were becoming increasingly concerned with the loss and damage of these tiles…
Online Retail in the Tiger Countries South Korea, Hong Kong, and Singapore expan …
The “Tiger Countries B2C E-Commerce Report 2013” by yStats.com shows both the similarities among and the differences between the Internet and E-Commerce markets in the four Asian Tiger countries. Here, South Korea and Hong Kong experience high growth rates, especially in mobile online retail, while general B2C E-Commerce in Singapore continues to increase by mid to high range double-digit percentages. Only Taiwan is less developed regarding B2C E-Commerce, but a…
SwitchPoint Consulting Continues Growth in 2013 with Three New Hires
Seattle firm welcomes new consultants to its talented team of healthcare and non-profit industry experts.
SEATTLE – SwitchPoint, LLC continues to grow its capacity to serve unique client needs with the addition of three new hires to its Seattle-based office. The combined experience of new team members Geoff Martin, Vanessa Laughlin, and Todd Penke spans a diverse set of industries including healthcare, biomedical, pharmaceutical, retail, food distribution, mining, and energy. …
Talal Abu-Ghazaleh & Co. International and Russell Bedford International form ne …
HE Dr Talal Abu-Ghazaleh, chairman of professional services and education group Talal Abu-Ghazaleh & Co. International (TAGI) and Mr Geoff Goodyear, chairman of global accounting and audit network Russell Bedford International, have announced the signing of a Memorandum of Understanding (MoU) between their two organisations.
Updating their existing cooperation agreement, this new commitment will further enhance both groups’ capabilities in supporting international organisations, multilateral agencies, and national governments in…
Financial Accounting in EU Research Funding, 21st – 22nd March 2013, Berlin
Interactive Seminar: Eligible Costs, Financial Reporting, Preparation for Audits
The European Union has various funds and instruments to support stakeholders such as universities, research centres and companies in the fields of research and development and the commercialisation of research results. For the different funds different rules for financial accounting, reporting and auditing apply. In the last year, the European Commission has significantly increased the number of FP7 audits. Other EU funding…
New SaaS model puts FERNBACH on expansion course
LUXEMBOURG, TANGERANG & ACCRA, 18 FEBRUARY 2013 – FERNBACH-Software, a leading international provider of financial software, has formed very strategic partnerships with PT Telkomsigma in Indonesia and Datacell Consult in Ghana.
Both partners are providers of data centre solutions in their respective countries. As well as offering on-premise solutions, they implement the innovative SaaS model (software as a service) and will operate FERNBACH's software in their own computer centres. Their…
Bancassurance Market in Middle East on Rise
The concept of bancassurance is growing tremendously in the Middle-East region, which is one of the world's fastest growing banking markets. It has amounted by around 30% of the overall profit margins for the top players who have implemented the scheme successfully. Besides, the Middle East, one of the world's fastest growing banking markets, has been witnessing banks and financial institutions across the region making huge investments in various financial…
Vertical Capital Markets Group Names Harline Executive Vice President, National …
IRVINE, Calif., Feb. 15, 2013 – Vertical Capital Markets Group LLC announced today that John M. Harline of Coto de Caza, a seasoned sales manager with Fortune 500 experience, has joined the firm as Executive Vice President and National Sales Manager.
“John has shown a commitment to excellence and proven leadership ability throughout his career,” said Vertical President Bayard Closser. “He has successfully built sales teams for Fortune 500 companies…
Project Manager: Effective Ways to Conduct Performance Reviews
La Harba, CA, February 10 /ProjectManager/ --One of the hard things about project management is when a project manager has built bonds with his teams, stakeholders and other people who made that certain project possible; then give them a performance review in the end of the day.
What is a Performance Review?
A performance review is a timeline of different periods, which evaluates the performance of a team, an individual or the…
"Princess Maja von Hohenzollern" is one of the most frequently clicked on Linked …
"Princess Maja von Hohenzollern" is among the top 1% of the world's most frequently clicked profiles on Linkedin. More than 200 million professionals and managers use LinkedIn to exchange information, ideas and career opportunities as well as international exchange.
H.R.H. Princess Maja von Hohenzollern is a successful designer for children's and lifestyle products. The Royal Family von Hohenzollern (house of Prussia) belongs to one of the oldest noble families in Europe…
Oliver Wight lead sponsors of Australian S&OP Forum 2013
The originators of Sales and Operations Planning (S&OP), Oliver Wight, are lead sponsors of Akolade’s Australian Sales & Operations Planning Forum 2013 – the first event of its kind in the country. Taking place 13th-15th March at the Stamford Plaza in Melbourne, the event covers key industry topics, from S&OP and Globalisation, to Integrated Business Planning, Demand Forecasting and Continuous Improvement.
Attracting top industry leaders in S&OP, supply chain, demand planning,…
Gert-Maria Freimuth intents move into Supervisory Board
Berlin, 14 February 2013
MBB Industries AG (ISIN DE000A0ETBQ4), a family-owned, medium-sized corporation has scheduled changes in its Managing and Supervisory Board for its Annual General Meeting on 17 June 2013. After 17 years of executive mandates, Gert-Maria Freimuth, member of the Managing Board and major shareholder of MBB Industries AG has informed both Managing and Supervisory Board of his intention to step down as Chief Investment Officer at the Annual…
Atacama increases sales by 20 per cent through on-hold marketing
Multimedia furniture specialist Atacama has achieved a 20 per cent sales increase on targeted products by ditching the muzak and using its telephone to engage with customers.
The award-winning manufacturer of speaker stands and AV supports charged audio branding specialist PH Media Group with creation of a bespoke on-hold marketing campaign designed to overhaul marketing and customer service.
Now, instead of listening to silence or inappropriate music, customers are greeted by a…
SABIC Launches Portfolio of Antimicrobial Compounds at MD&M West to Help Custome …
According to a 2011 report by the World Health Organization, in 2002 in the United States alone approximately 99,000 deaths were linked to healthcare associated infections (HCAIs).1 Here at MD&M West (booth #1701), SABIC’s Innovative Plastics business today introduced powerful new tools to help medical device manufacturers reduce HCAIs among patients and clinicians. SABIC’s nine new antimicrobial compounds featuring silver technology have been tested for log reduction values – the…
Alsbridge Chairman, Morton Meyerson Named to the IAOP 2013 Outsourcing Hall of F …
Award winning benchmarking, sourcing and transformation advisory firm, Alsbridge Inc., today announced that the company’s Chairman Americas, Morton H. Meyerson will be inducted into the 2013 Outsourcing Hall of Fame at the IAOP Outsourcing World Summit Awards Luncheon, February 19, 2013, 12:15 PM- 1:45 PM, JW Marriott Phoenix Desert Ridge, Phoenix, AZ.
The IAOP Outsourcing Hall of Fame is a unique award that recognizes the outstanding professionals who have made significant…
Origondo Debuts With Efficient Outsourcing Platform
ZURICH, Feb. 13, 2013 – Today, Origondo announces the availability of its international online marketplace for services which can be provided electronically. Based on the entrepreneurial experience of bootstrapping a start-up with limited funds, Origondo makes it easy to find matching providers for a project while also taking care of the time-consuming administrative overhead of invoicing and managing payments.
“While using virtual workers as a start-up resource isn’t a new idea,…
Emergency Operations Center Design and the “One Room” Concept
Camarillo, CA – February 12, 2013. Americon at Controlroomsusa.com is now offering complimentary command and control room design service. Space planning is an important component of operations center design and a specialization of the Americon design team. An experienced emergency manager recently said to Jerry Herrington, Americon project consultant, that he preferred the multi-room concept for emergency operations centers over the “one room” concept. He said that he preferred…
Jim Keller, Partner at OnPath Financial, recognized for contribution as Chairman …
Jim Keller, Partner of OnPath Financial, honored as Chairman of the St. Charles Chamber by his Peers.
ST. CHARLES, IL OnPath Financial, LLC is proud to recognize the leadership of one of their partners, Jim Keller. Jim has served as Chairman of the St. Charles Chamber of Commerce during the year 2012, as the presiding officer of the Executive Board. His counsel and advise as chief spokesperson brought…
Paragon Financial Helps Miami Food Wholesaler with 500k Invoice Factoring Line o …
Miami, FL – February 6, 2013: Paragon Financial Group announced that they have provided a $500,000 factoring line of credit to a food wholesaler headquartered in Miami, Florida. This funding will enable the company to expand their facility to allow for rapid growth in the upcoming years.
The company has been in business since 2006, but recently expanded into a 35,000 square foot facility. They distribute salami and other meat…
