Iveco Group publishes its 2022 Annual Report and calls the Annual General Meeting

Turin, 2nd March 2023. Iveco Group N.V. (MI: IVG) announced that it filed today its 2022 Annual Report with the Netherlands Authority for the Financial Markets (AFM) in European Single Electronic Format (ESEF). The document is available in the Investors section of the Iveco Group corporate website at www.ivecogroup.com.

Iveco Group’s Annual Report for the year ended 31st December 2022 will be on the agenda of the Annual General Meeting of its Shareholders (AGM), that will be held in Amsterdam on 14th April 2023 at 11:30 a.m. CEST. In addition, the agenda of the AGM includes the discussion of the Company’s dividend policy, the remuneration report (advisory voting only), the granting of discharge to the members of the Board, the re-appointment of the Executive and Non-Executive Directors, the authorization to the Board to acquire Common Shares in the Company.

The Notice of the AGM, the Agenda and the relevant Explanatory Notes, the instructions for voting, and other AGM materials were also published today and are available on the Company’s website at www.ivecogroup.com, where they can be viewed and downloaded.

Iveco Group N.V. (MI: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a major force in its specific business: IVECO, a pioneering commercial vehicles brand that designs, manufactures, and markets heavy, medium, and light-duty trucks; FPT Industrial, a global leader in a vast array of advanced powertrain technologies in the agriculture, construction, marine, power generation, and commercial vehicles sectors; IVECO BUS and HEULIEZ, mass-transit and premium bus and coach brands; IDV, for highly-specialised defence and civil protection equipment; ASTRA, a leader in large-scale heavy-duty quarry and construction vehicles; MAGIRUS, the industry-reputed firefighting vehicle and equipment manufacturer; and IVECO CAPITAL, the financing arm which supports them all. Iveco Group employs approximately 34,000 people around the world and has 28 manufacturing plants and 29 R&D centres. Further information is available on the Company’s website www.ivecogroup.com

Media Contacts:
Francesco Polsinelli, Mob: +39 335 1776091
Fabio Lepore, Mob: +39 335 7469007
E-mail: mediarelations@ivecogroup.com

Investor Relations:
Federico Donati, Tel: +39 011 0073539
E-mail: investor.relations@ivecogroup.com

Attachment

GlobeNewswire Distribution ID 1000795936

Philips showcases comprehensive cardiology portfolio designed to increase physician confidence and efficiency in diagnosing and treating cardiac disease at ACC/WCC 2023

March 2, 2023

  • Philips Ultrasound Compact System 5500 CV adds to Philips’ cardiology portfolio bringing diagnostic quality cardiac imaging to the patient bedside 
  • Clinical evidence presented by leading clinical partners shows how utilization of Philips cardiology solutions improves patient care

Amsterdam, the Netherlands Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, is showcasing enhancements to its cardiology portfolio at the Annual Scientific Session & Expo of the American College of Cardiology/World Congress of Cardiology event (ACC.23/WCC, March 4 – 6, New Orleans, USA). Philips’ cardiology portfolio addresses ever-increasing demand for cost-effective diagnosis, treatment, monitoring, and management of patients with heart conditions such as coronary artery disease, structural heart disease, arrhythmia, and heart failure.

Highlighted introductions to the portfolio include the company’s latest compact portable ultrasound platform – Philips Ultrasound Compact System 5500 CV, its spectral-detector based CT scanner, Philips Spectral CT 7500, and Philips Intracardiac Echocardiography Catheter – VeriSight Pro 3D ICE.

Evidence-based cardiology innovation
In line with Philips’ commitment to supporting its innovations with clinical evidence, three of the company’s clinical partners will present the results of clinical studies at ACC.23/WCC that could help inform clinical guidelines.

All three clinical studies are part of more than 110 ongoing clinical studies that support Philips image-guided therapy solutions with clinical evidence.

Other highlighted innovations from its cardiology portfolio that Philips is showcasing at ACC.23/WCC are the company’s advanced image-guided therapy platform Philips Image-Guided Therapy System – Azurion; Philips Interventional Applications Platform – IntraSight interventional workspace; Philips IntelliSpace ECG providing fast, easy access to ECGs from almost anywhere in the medical facility; and Philips Mobile Cardiac Telemetry – MCOT ambulatory cardiac monitoring solution.

For a more complete overview with in-depth information of the Philips solutions showcased at ACC.23/WCC please see our backgrounder.

To connect with experts and learn more about Philips cardiology solutions, stop by Philips booth #338. The clinical study presentation by Dr. Mohamad Alkhouli will take place on March 4, 2023, 1:45 PM – 1:55 PM (CST) and the presentation by Dr. Sean Pokorney on March 6, 2023, 9:45 AM – 10:30 AM (CST). The presentation by Dr. Eric Secemsky is in digital-only format and can be accessed through the ACC.23/WCC eAbstracts site by registered users.

For further information, please contact:

Joost Maltha
Philips Global Press Office
Tel: +31 6 10 55 8116
Email: joost.maltha@philips.com

About Royal Philips

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and well-being through meaningful innovation. Philips’ patient- and people-centric innovation leverages advanced technology and deep clinical and consumer insights to deliver personal health solutions for consumers and professional health solutions for healthcare providers and their patients in the hospital and the home. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, ultrasound, image-guided therapy, monitoring and enterprise informatics, as well as in personal health. Philips generated 2022 sales of EUR 17.8 billion and employs approximately 77,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

Attachments

GlobeNewswire Distribution ID 1000795869

Ryan Perera Joins Infinera as Senior Vice President of APAC Sales

Ryan Perera

Infinera SVP, APAC Sales

SAN JOSE, Calif., March 02, 2023 (GLOBE NEWSWIRE) — Infinera (NASDAQ: INFN) announced today that Ryan Perera has joined Infinera as Senior Vice President of APAC Sales. In this role, Ryan will lead Infinera’s efforts to scale the business and achieve faster-than-market growth across the region, fully leveraging Infinera’s leading suite of optical systems and subsystems capabilities.

“Ryan is an experienced and accomplished telecom industry leader with a proven track record of delivering results,” said Nick Walden, Senior Vice President, Worldwide Sales at Infinera. “With deep relationships and a passion for creating value for customers and partners, Ryan will be instrumental in advancing Infinera’s APAC business, and I’m excited to welcome him to the team.”

Ryan brings over 20 years of industry experience to his new role at Infinera. Prior to Infinera, he served as Ciena’s Vice President of Asia Content & Subsea Networks and India for more than a decade. Prior to Ciena, he held various leadership positions with Nortel Networks in Asia. Ryan began his career at Optus in Australia, where he played a pivotal role in operations, engineering, and product marketing. Ryan holds a Master of Engineering (Telecommunications) from University of New South Wales and a Bachelor of Technology (B.Tech.), Electrical, Electronics and Communications Engineering from National Institute of Technology Warangal, India.

Contacts:

Infinera Media:
Anna Vue
Tel. +1 (916) 595-8157
avue@infinera.com

Investors:
Amitabh Passi
Head of Investor Relations
Tel. +1 (669) 295-1489
apassi@infinera.com

About Infinera

Infinera is a global supplier of innovative open optical networking solutions and advanced optical semiconductors that enable carriers, cloud operators, governments, and enterprises to scale network bandwidth, accelerate service innovation, and automate network operations. Infinera solutions deliver industry-leading economics and performance in long-haul, submarine, data center interconnect, and metro transport applications. To learn more about Infinera, visit www.infinera.com, follow us on Twitter and LinkedIn, and subscribe for updates.

Infinera and the Infinera logo are registered trademarks of Infinera Corporation.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/19899d2f-62e3-411a-a40b-29aa723c8e48

GlobeNewswire Distribution ID 8778077

Ryan Perera ร่วมงานกับ Infinera ในตำแหน่งรองประธานอาวุโสฝ่ายขายภาคเอเชียแปซิฟิก

ซานโฮเซ รัฐแคลิฟอร์เนีย, March 02, 2023 (GLOBE NEWSWIRE) — Infinera (NASDAQ: INFN) ประกาศในวันนี้ว่า Ryan Perera ได้ร่วมงานกับ Infinera ในตำแหน่งรองประธานอาวุโสฝ่ายขายภาคเอเชียแปซิฟิก ในภาระหน้าที่นี้ Ryan จะเป็นผู้นำความพยายามของ Infinera ในการขยายขนาดธุรกิจและบรรลุการเติบโตให้เร็วกว่าตลาดตลอดทั่วทั้งภูมิภาค โดยใช้ประโยชน์จากความสามารถของชุดระบบออปติคัลและระบบย่อยชั้นนำของ Infinera อย่างเต็มรูปแบบ

“Ryan เป็นผู้นำในอุตสาหกรรมโทรคมนาคมที่มากด้วยประสบการณ์และความสำเร็จ โดยมีประวัติผลงานที่ผ่านการพิสูจน์และยอมรับมาเรียบร้อยแล้วเป็นเครื่องยืนยัน” Nick Walden รองประธานอาวุโสฝ่ายขายระดับโลกของ Infinera กล่าว “Ryan จะเป็นบุคคลที่ช่วยในการพัฒนาธุรกิจภาคเอเชียแปซิฟิกของ Infinera ด้วยความสัมพันธ์อันเหนียวแน่นและความหลงใหลในการสร้างมูลค่าให้กับลูกค้าและพันธมิตร และผมเองก็รู้สึกตื่นเต้นเป็นอย่างมากที่ได้ต้อนรับเขาเข้าสู่ทีม”

Ryan นำประสบการณ์ในอุตสาหกรรมมากกว่า 20 ปีมายังตำแหน่งใหม่ที่ Infinera ก่อนที่จะได้ร่วมงานกับ Infinera เขาเคยดำรงตำแหน่งรองประธานบริษัทของ Ciena ด้าน Asia Content & Subsea Networks และภาคอินเดียมายาวนานกว่าหนึ่งทศวรรษ ก่อนร่วมงานกับ Ciena เขาดำรงตำแหน่งผู้นำหลายตำแหน่งให้กับ Nortel Networks ในเอเชีย Ryan เริ่มต้นอาชีพการงานของเขาที่ Optus ในออสเตรเลีย ซึ่งเขามีบทบาทสำคัญในด้านการปฏิบัติการ วิศวกรรมและการตลาดที่มุ่งเน้นเกี่ยวกับตัวผลิตภัณฑ์ Ryan สำเร็จการศึกษาระดับปริญญาโทสาขาวิศวกรรมศาสตร์ (โทรคมนาคม) จาก University of New South Wales และปริญญาตรีสาขาเทคโนโลยี (B.Tech) สาขาวิศวกรรมไฟฟ้า อิเล็กทรอนิกส์ และการสื่อสารจาก National Institute of Technology Warangal ประเทศอินเดีย

ติดต่อ:

อินฟิเนรามีเดีย:
Anna Vue
โทร +1 (916) 595-8157
avue@infinera.com

นักลงทุน:
Amitabh Passi
หัวหน้าฝ่ายนักลงทุนสัมพันธ์
โทร +1 (669) 295-1489
apassi@infinera.com

เกี่ยวกับ Infinera

Infinera เป็นซัพพลายเออร์ระดับโลกด้านโซลูชันเครือข่ายออปติคัลแบบเปิด ที่เป็นนวัตกรรมและเซมิคอนดักเตอร์ออปติกขั้นสูงที่ช่วยให้ผู้ให้บริการโทรคมนาคม ผู้ให้บริการระบบคลาวด์ ภาครัฐ และองค์กรต่าง ๆ สามารถปรับขนาดแบนด์วิธของเครือข่าย เร่งนวัตกรรมบริการ และทำให้การดำเนินงานเครือข่ายเป็นไปโดยอัตโนมัติ โซลูชันของ Infinera ส่งมอบสภาพเศรษฐกิจระดับแนวหน้าของอุตสาหกรรมและประสิทธิภาพในการใช้งานระยะไกล เรือดำน้ำ การเชื่อมต่อระหว่างศูนย์ข้อมูล และแอปพลิเคชันการขนส่งรถไฟใต้ดิน หากต้องการเรียนรู้เพิ่มเติมเกี่ยวกับ Infinera กรุณาเยี่ยมชม www.infinera.com, ติดตามเราได้ที่ ทวิตเตอร์ และ ​ลิงกต์อิน และ สมัครรับข้อมูลอัปเดต.

Infinera และโลโก้ Infinera เป็นเครื่องหมายการค้าจดทะเบียนของ Infinera Corporation

สามารถดูรูปภาพประกอบประกาศนี้ได้ที่ https://www.globenewswire.com/NewsRoom/AttachmentNg/19899d2f-62e3-411a-a40b-29aa723c8e48

GlobeNewswire Distribution ID 8779172

Avia Solutions Group has become Irish-based company

VILNIUS, Lithuania, March 02, 2023 (GLOBE NEWSWIRE) — Avia Solutions Group, the leading aviation business group, has become an Irish-based company. Following the transfer of its controlling headquarters to Ireland, Dublin, the group also became the second largest Irish-registered aviation business behind aviation giant Ryanair.

“Moving the company’s controlling headquarters to Ireland was a strategically important step for us in terms of our further development plans,” explains Jonas Janukenas, CEO of Avia Solutions Group. “Ireland is known as the hub of aviation. A large number of aviation companies are located here, hence, being closer to the aviation community we will be able to implement the group’s development plans faster and maintain market leadership.”

According to Janukenas, the company’s financial instruments on the Dublin Stock Exchange have been purchased by the world’s largest institutional investors from the USA and Europe, so this was also one of the reasons for choosing Ireland.

The group has offices spanning all across the world: Ireland, Lithuania, the US, United Arab Emirates, South Africa, Australia and Asia Pacific.

Avia Solutions Group is the world’s leading and largest ACMI (aircraft leasing, maintenance and insurance) services group with a fleet of more than 165 aircraft. The group also provides various aviation services, such as aircraft maintenance, pilot and crew training, ground handling, and others. Avia Solutions Group employs more than 11,000 highly skilled aviation professionals across different regions of the world.

About Avia Solutions Group

Avia Solutions Group is the largest global ACMI (aircraft, crew, maintenance, and insurance) provider with more than 165 aircraft fleet, and a parent company of SmartLynx Airlines, Avion Express, BBN Airlines, KlasJet, Magma Aviation and more operating in all continents in the world. The Group also provides various aviation services such as MRO (maintenance, repair, and overhaul), pilots and crew trainings, ground handling and other interconnected solutions. Avia Solutions Group is backed by over 11,000 highly skilled aviation professionals worldwide.

For more information, please visit www.aviasg.com

Media contact:
Silvija Jakiene
Chief Communications Officer
Avia Solutions Group
silvija.jakiene@aviasg.com
+370 671 22697

GlobeNewswire Distribution ID 1000795760

Amlan® International to Present Innovative Mineral Technology Solutions at VIV Asia 2023

VIV 2023 Tradeshow

Amlan® International to attend VIV Asia 2023

  • Annually one-third of the world’s broiler meat is supplied by Asia, making this region critical to the global food supply.
  • VIV Asia attendees can meet with Amlan technical experts and the local sales team to learn more about their innovative mineral-based products at booth 3650.
  • Amlan will host two presentations on natural alternatives to promote animal health and improve production efficiencies at the VIV Asia 2023 global trade show.
  • Dr. Aldo Rossi will present features of recently launched Phylox® (available in select international markets), a natural alternative to anticoccidial drugs that improves gut health and production efficiencies.
  • Dr. Marc Herpfer will present Calibrin®-Z (available in select international markets) research and discuss the capabilities of advanced mineral technology for biotoxin control.

CHICAGO, March 01, 2023 (GLOBE NEWSWIRE) — Amlan® International, the animal health business of Oil-Dri® Corporation of America and a global leader in natural, mineral-based feed additives for poultry and livestock, will provide producers in the Asia-Pacific region with an opportunity to learn about research-backed solutions that optimize gut health and improve economic production at the upcoming VIV Asia 2023 conference to be held at the IMPACT venue, March 8-10, 2023, in Bangkok, Thailand. The conference, which features more than 200 professional speakers and more than 45,000 visitors, offers an opportunity for producers and companies like Amlan to connect at the largest feed-to-food global trade show in Asia.

Asia supplied 36% of the world’s demand for broiler meat, producing 44 million metric tons in 2020. Poultry producers in India, Indonesia and Japan are leading broiler meat production in the Asian region, with Vietnam and Pakistan showing rapid growth in the last five years.

Additionally, almost one-half of annual global swine production and over 30% of the world’s milk production is from Asia.

Recognizing Asia’s impact on the global food supply, Amlan has built a robust sales and technical service team throughout the region. During the conference, producers can visit Amlan experts at booth 3650 where they will showcase their full range of feed additives, including Phylox®, Calibrin®-Z and Varium® (all available in select international markets), which promote optimal intestinal health and feed efficiency, adding value for producers by maximizing poultry and livestock performance.

“Our mineral-based products protect poultry and livestock health by binding bacterial toxins and mycotoxins. We are excited to be presenting to this vital international audience,” said Dr. Saksake Pacharadit, Regional Sales Manager for the Asia-Pacific Region. “Unlike other clay-based products, Amlan selects our single-source mineral and leverages a proprietary thermal processing technique (not harsh chemicals), tailored specifically for each of our products, to optimize product efficacy. We’re pleased to be showcasing our products in such an important market like Thailand where the production of broiler and pork meat ranks among the top five for the Asia-Pacific region.”

Amlan will also host two informative presentations during VIV Asia. The first, to be held at 11 a.m. on Wednesday, March 8, will be presented by Dr. Marc Herpfer, Vice President of New Technologies, Oil-Dri® Corporation of America, who will discuss “Natural Mineral Technology for Advanced Biotoxin Control.” At 11 a.m. on Thursday, March 9, Dr. Aldo Rossi, Vice President, Innovation and Technical Service, Amlan International, will present on “Natural Alternatives for Controlling Coccidiosis.”

“During VIV Asia, attendees will get acquainted with Amlan’s innovative and intelligent feed additive solutions through two presentations by Amlan experts,” said Dr. Wade Robey, Vice President of Agriculture, Oil-Dri Corporation of America, and President, Amlan International. “Coccidiosis and performance challenges affect poultry production costing the global chicken industry billions every year. Our products, Calibrin-Z and Phylox, support gut health, improve productivity, and help drive producers’ profits.”

For more information about Phylox, Calibrin-Z, Varium or Amlan’s full portfolio of products, visit www.amlan.com.

Company Information

Amlan is the animal health business of Oil-Dri Corporation of America, a leading global manufacturer and marketer of sorbent minerals. Oil-Dri leverages over 80 years of expertise in mineral science to selectively mine and process their unique mineral for consumer and business-to-business markets. Oil-Dri Corporation of America doing business as “Amlan International” is a publicly traded stock on the New York Stock Exchange (NYSE: ODC). Amlan International sells feed additives across the world. Product availability may vary by country, associated claims do not constitute medical claims and may differ based on government requirements.

Reagan Culbertson
Media Contact
press@amlan.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8dc742dc-e446-459b-9280-bec32c356e77

GlobeNewswire Distribution ID 8779832

DTAC-True merger completed

Telenor Asia announced yesterday (Wednesday) the completion of the merger between Total Access Communication Company (DTAC) and True Corporation (TRUE), billed as the largest telecom merger in Southeast Asia by combined enterprise value.

Jørgen A. Rostrup, executive vice president of Telenor Group and head of Telenor Asia, said that the completion of the deal is a new milestone in Thailand’s impressive digital journey.

DTAC is a subsidiary of the Telenor Group of Norway, while True is the subsidiary of the Charoen Pokphand Group.

“The pace of innovation is expected to accelerate, creating growth opportunities for the country. Telenor is ready to support True Corporation with access to advanced technology, a network of global partners and cutting-edge industry insights,” according to Telenor Asia’s statement, issued yesterday.

The new company will combine the strengths of DTAC and True to deliver high quality connectivity and leverage the latest developments in 5G, AI and the Internet of Things, said Rostrup.

He also said that the mergers in Thailand and Malaysia will see Telenor expanding its role in Asia, serving more than 200 million customers.

The new entity, named True Corporation has been registered with the Business Development Department of the Ministry of Commerce. The company’s board has appointed Manat Manavutiveth, current co-president of True, as the CEO of the new company, and Sharad Mehrotra, the current CEO of DTAC, as his deputy.

The board has also resolved to call a meeting of shareholders of the two companies for approval of the new entity and other issues, such as capital registration and the number and value of shares in the new entity.

The merger will result an increase the customer base of True Corporation to 55 million mobile subscribers, compared to the 45 million of the current market leader, Advanced Info Service Plc (AIS).

Under the merger conditions, set by the National Broadcasting and Telecommunications Commission (NBTC), the new company must retain the brand names of DTAC and True for three years and that it must continue to provide services and promotional rights to their customers.

Thai consumer groups had tried to stop the merger deal by asking the Central Administrative Court to issue an injunction to stall the deal, but this was rejected by the court. The case is still pending with the court.

Source: Thai Public Broadcasting Service (Thai PBS)

Personal and credit card loans contribute to rise in Thailand’s household debt

Household debt for the third quarter of 2022 increased by 3.9%, to over 14.9 trillion baht for the first time in five quarters, largely due to the rise in personal loans and credit card borrowing, according to the National Economic and Social Development Council.

Personal and credit card borrowing for the third quarter of 2022 increased 20% and 10% respectively. The main issue of concern, according to the Credit Bureau, is the increase of NPLs on credit cards among the 30-49 age group of working people, while pensioners are bearing an average of 77,000 baht in car loan debt.

NPLs have increased from 4.3 million for the first quarter of 2022 to 4.7 million, 60% of which are personal loans. Total NPLs in the system amount to 400 billion baht, double that of the first quarter.

Although household debt for the third quarter increased by 3.9% compared to the second quarter, they account for 86.6%of the GDP, down from 88.1% for the second quarter.

The employment situation in the fourth quarter improved, expanding by 1.5% compared to the same quarter a year before, thanks to economic recovery and the reopening of the country to foreign arrivals. The number of people employedduring last year was 39.2 million, including 11.9 million in the farm sector and the rest mostly in hotel and tourism businesses.

The NESDC warns, however, that exports are predicted to slow this year which may impact export-oriented industries. The cost of living remains high, despite wage adjustments and revenue increases.

The NESDC points out that only 4.2 million people paid personal income tax, out of 10.8 million who submitted tax returns.

Many people who have incomes are non-formal workers and, therefore, are outside tax system, while many high earners resort to deductibles and donations to pay less tax, according to the NESDC.

Source: Thai Public Broadcasting Service (Thai PBS)