Economy of the Netherlands

Oceanco's Latest 109m/357ft Motoryacht Enters Outfitting Phase

Retrieved on: 
Saturday, June 13, 2020

The new buildhas now made its way up the river to Oceanco's facilities in Alblasserdam for her outfitting phase.

Key Points: 
  • The new buildhas now made its way up the river to Oceanco's facilities in Alblasserdam for her outfitting phase.
  • Designed inside and out by Sinot Yacht Architecture & Design, this 109m/357ft is distinguished by elegant classical proportions and an astonishing amount of glass.
  • The deckhousesmain deck, bridge deck, and upper deckare each fully surrounded by large glass windows.
  • While our largest drydock can accommodate yachts up to 140m/459ft in length, our newly renovated outfitting facilities has been increased to accommodate yachts up to 120m/393ft in length.

AkzoNobel weathering COVID-19 storm

Retrieved on: 
Thursday, June 11, 2020

As the complex situation regarding the global pandemic continues to evolve, AkzoNobel (AKZA; AKZOY) remains focused on ensuring employee health and safety and maintaining business continuity.

Key Points: 
  • As the complex situation regarding the global pandemic continues to evolve, AkzoNobel (AKZA; AKZOY) remains focused on ensuring employee health and safety and maintaining business continuity.
  • AkzoNobel has also maintained a strong balance sheet due to rigorous cash management and robust working capital controls.
  • Commenting on the evolving situation, AkzoNobel CEO, Thierry Vanlancker, said: Were weathering the COVID-19 storm, taking care of our employees while protecting our business.
  • The actions weve taken, together with our strong balance sheet, provide a solid platform for AkzoNobel to perform as an industry frontrunner.

CobbleStone's OFAC Search Automation Simplifies Contract Compliance

Retrieved on: 
Wednesday, June 10, 2020

PRINCETON, N.J., June 10, 2020 /PRNewswire-PRWeb/ --CobbleStone Software, a leader in contract management and eProcurement software , is thrilled to introduce OFAC integration for OFAC search with Contract Insight version 17.6.0.

Key Points: 
  • PRINCETON, N.J., June 10, 2020 /PRNewswire-PRWeb/ --CobbleStone Software, a leader in contract management and eProcurement software , is thrilled to introduce OFAC integration for OFAC search with Contract Insight version 17.6.0.
  • CobbleStone's OFAC integration supports organizations with an intelligent OFAC search process for regulatory compliance management and risk prevention by helping organizations to more easily adhere to the U.S. Treasury's sanctions.
  • In addition to an initial OFAC search, Contract Insight also proffers ongoing searches for selected vendor, customer, and employee records.
  • "CobbleStone's OFAC search integration simplifies and improves the way Contract Insight users manage contract compliance and risk analysis for vendors, customers, partners, and employees.

Announcing the Formation of Pomeroy Technologies, LLC

Retrieved on: 
Monday, June 1, 2020

Today, while finalizing the separation from Getronics, we are announcing the formation of Pomeroy Technologies, LLC.

Key Points: 
  • Today, while finalizing the separation from Getronics, we are announcing the formation of Pomeroy Technologies, LLC.
  • "The Pomeroy brand has long been known for delivering excellent service based upon enduring client, partner and employee relationships", said James Dixon.
  • "I'm looking forward to working with our new Board and our leadership team to further expand and enhance Pomeroy Technologies' delivery across North America and beyond."
  • This is the first step in a very bright future for Pomeroy Technologies, our clients, employees and partners."

ASML ships first-generation multibeam inspection system ‘eScan1000’

Retrieved on: 
Thursday, May 28, 2020

San Jose, California, May 28, 2020 ASML Holding NV (ASML) today announced that it has completed system integration and testing of its first-generation HMI multibeam inspection (MBI) system for 5 nm nodes and beyond.

Key Points: 
  • San Jose, California, May 28, 2020 ASML Holding NV (ASML) today announced that it has completed system integration and testing of its first-generation HMI multibeam inspection (MBI) system for 5 nm nodes and beyond.
  • With nine beams, the eScan1000 will increase throughput up to 600% compared to single e-beam inspection tools for targeted in-line defect inspection applications.
  • Our new multibeam inspection system is able to detect these smaller defects, while addressing previous e-beam throughput constraints to make it more suitable for high-volume manufacturing environments.
  • By offering a range of beam currents, the eScan1000 is suitable for both physical defect inspection and voltage contrast inspection.

Aegon Asset Management reports significant boost in responsible investment activities

Retrieved on: 
Friday, May 15, 2020

CEDAR RAPIDS, Iowa, May 15, 2020 /PRNewswire/ -- Aegon Asset Management has reported significant, increased responsible investment activity in its latest Responsible Investment Report 2019.

Key Points: 
  • CEDAR RAPIDS, Iowa, May 15, 2020 /PRNewswire/ -- Aegon Asset Management has reported significant, increased responsible investment activity in its latest Responsible Investment Report 2019.
  • Brunno Maradei, global head of responsible investment at Aegon Asset Management comments: "We are proud to be recognized as one of the leaders in responsible investment and happy to be able to report this boost in our ESG-related activities.
  • Aegon Asset Management is the global investment management brand of Aegon N.V. and is a global, active investment manager comprised of several affiliates around the world.
  • Aegon Asset Management is the global investment management brand of the Aegon Group N.V. and is comprised of Aegon USA Investment Management, LLC ("Aegon Asset Management US"), Aegon USA Realty Advisors, LLC ("Aegon Real Assets US"), Kames Capital plc ("Kames Capital") and other Aegon affiliates.

Voya Joins 100Kin10 Network to Help Train and Retain 100,000 Science, Technology, Engineering and Mathematics (STEM) Teachers by 2021

Retrieved on: 
Friday, May 8, 2020

Voya Financial, Inc. (NYSE: VOYA), has announced that it has joined 100Kin10 , a national network committed to providing children with an enhanced Science, Technology, Mathematics and Engineering (STEM) education.

Key Points: 
  • Voya Financial, Inc. (NYSE: VOYA), has announced that it has joined 100Kin10 , a national network committed to providing children with an enhanced Science, Technology, Mathematics and Engineering (STEM) education.
  • Voyas inclusion in this network will help to drive 100Kin10s pledge to add 100,000 STEM teachers to Americas classrooms by 2021.
  • At Voya, we invest in educators as they build strong societies by cultivating and inspiring tomorrows leaders, said Braeden Mayrisch, director, Social Impact.
  • Voya Financial and Voya Foundation the companys charitable giving arm are committed to serving K-12 and higher education communities.

DSM Reports Q1 2020 Results

Retrieved on: 
Thursday, May 7, 2020

DSM estimates that Nutrition overall saw a slight increase of about 1% on its Q1 sales from COVID-19.

Key Points: 
  • DSM estimates that Nutrition overall saw a slight increase of about 1% on its Q1 sales from COVID-19.
  • DSM continues to benefit from a strong balance sheet and available liquidity, with Q1 2020 Net Debt to EBITDA of 0.8x, strong cash generation and committed, undrawn revolving credit facilities of 1.5 billion.
  • Concurrently, having bought back 745 million shares as at Q1 2020, DSM believes it prudent to pause the remainder of its 1 billion share buy-back program, launched in 2019, as a precaution given the current environment.
  • On 1 April 2020 DSM completed the acquisition of Glycom, as announced on 21 February 2020, for an enterprise value of 765 million, which will be incorporated in the results as of Q2 2020.

ASML successfully places Eurobond offering for €750 million

Retrieved on: 
Tuesday, April 28, 2020

Veldhoven, the Netherlands, April 28, 2020 ASML Holding NV (ASML) today announces that it has successfully placed a Eurobond offering of senior notes for a principal amount of 750 million.

Key Points: 
  • Veldhoven, the Netherlands, April 28, 2020 ASML Holding NV (ASML) today announces that it has successfully placed a Eurobond offering of senior notes for a principal amount of 750 million.
  • The transaction is expected to be settled on May 7, 2020.
  • ASML expects to use the net proceeds of the offering for general corporate purposes.
  • The senior notes discussed in this press release have not been, and will not be, registered under the US Securities Act of 1933, and may not be offered or sold in the United States without registration or an applicable exemption from the registration requirements under the US Securities Act of 1933.