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Appian Receives C5 Certification in Germany

Retrieved on: 
Thursday, November 9, 2023

BERLIN, Nov. 9, 2023 /PRNewswire/ -- Appian (Nasdaq: APPN) recently achieved certification according to the C5 Criteria Catalogue following an independent audit.

Key Points: 
  • BERLIN, Nov. 9, 2023 /PRNewswire/ -- Appian (Nasdaq: APPN) recently achieved certification according to the C5 Criteria Catalogue following an independent audit.
  • Meeting the C5 criteria underscores Appian's superior security performance and robust privacy practices across its cloud-based platform.
  • "The successful C5 test certificate is another milestone in our ongoing commitment to ensure the highest security standards for our customers," comments Fabian Czicholl, Regional Vice President DACH at Appian Germany.
  • With the Appian Platform , Appian gives companies and public institutions the ability to quickly and efficiently design, automate, and optimise their processes.

BitGo receives crypto custody license from German Federal Financial Supervisory Authority (BaFin)

Retrieved on: 
Wednesday, November 1, 2023

FRANKFURT, Germany, Nov. 1, 2023 /PRNewswire-PRWeb/ -- BitGo, the leading provider of financial services for digital assets, announces that its subsidiary in Germany, BitGo Europe GmbH, has received a crypto custody license from the German Federal Financial Supervisory Authority (BaFin). BitGo has already been storing crypto assets for its customers since 2019, also under BaFin supervision, as part of a transitional regime.

Key Points: 
  • FRANKFURT, Germany, Nov. 1, 2023 /PRNewswire-PRWeb/ -- BitGo, the leading provider of financial services for digital assets, announces that its subsidiary in Germany, BitGo Europe GmbH, has received a crypto custody license from the German Federal Financial Supervisory Authority (BaFin).
  • BitGo has already been storing crypto assets for its customers since 2019, also under BaFin supervision, as part of a transitional regime.
  • The BitGo team in Frankfurt am Main has grown steadily and is led by two managing directors in accordance with BaFin requirements.
  • Dejan Maljevic, Managing Director BitGo Europe comments: "BaFin is recognized as one of the world's key trendsetters in crypto regulation.

EQS-News: flatexDEGIRO AG: CET1 ratio to increase to over 27 % following BaFin’s approval to re-apply credit risk mitigation techniques for DEGIRO margin loans

Retrieved on: 
Friday, September 29, 2023

BaFin’s decision is based on flatexDEGIRO’s successful progress in remedying the relevant shortcomings, following an assessment by BaFin in consultation with the special commissioner.

Key Points: 
  • BaFin’s decision is based on flatexDEGIRO’s successful progress in remedying the relevant shortcomings, following an assessment by BaFin in consultation with the special commissioner.
  • The re-application of CRMT for DEGIRO margin loans will lead to an immediate reduction of flatexDEGIRO Group’s risk weighted assets (RWA).
  • Based on this, flatexDEGIRO Group’s Common Equity Tier 1 (CET1) ratio is thereby to increase to over 27 percent versus a regulatory required CET1 ratio of approximately 15.4 percent, leading to a regulatory capital surplus of approximately 100 million Euro.
  • Dr. Benon Janos, CFO of flatexDEGIRO: “The re-application of the credit risk mitigation techniques leads to a substantial improvement of our CET1 ratio and the regulatory capital surplus we hold beyond regulatory requirements.

EQS-News: Vulcan Energy Resources Limited: Vulcan granted new licence for expansion into Frankfurt

Retrieved on: 
Monday, September 25, 2023

The Luftbrücke license, in the Frankfurt region, includes a number of large industrial areas including the Höchst Chemical Park, and Frankfurt Airport, which are all heavy energy consumers requiring large quantities of renewable energy and heating solutions.

Key Points: 
  • The Luftbrücke license, in the Frankfurt region, includes a number of large industrial areas including the Höchst Chemical Park, and Frankfurt Airport, which are all heavy energy consumers requiring large quantities of renewable energy and heating solutions.
  • It is also very carbon intensive, with almost 80% fossil energy sources, mainly gas and coal.
  • Given Frankfurt’s high heat demand, there is a significant commercial and decarbonisation opportunity for Vulcan Energy via geothermal renewable energy development in Luftbrücke.
  • “This new licence signifies a major future phase opportunity for Vulcan as a dual lithium and geothermal energy producer,” said Managing Director and CEO Cris Moreno.

EQS-News: BAUER Aktiengesellschaft: ​​​​​​​Acceptance period begins for the delisting acquisition offer of SD Thesaurus GmbH

Retrieved on: 
Friday, May 12, 2023

Schrobenhausen, Germany – Today, SD Thesaurus GmbH (“Bidder”) published the offer document for the mandatory offer for the shares in BAUER AG (ISIN DE0005168108), which at the same time is also designed as a delisting acquisition offer.

Key Points: 
  • Schrobenhausen, Germany – Today, SD Thesaurus GmbH (“Bidder”) published the offer document for the mandatory offer for the shares in BAUER AG (ISIN DE0005168108), which at the same time is also designed as a delisting acquisition offer.
  • Previously, the German Federal Financial Supervisory Authority (BaFin) approved the publication of the offer document.
  • SD Thesaurus GmbH set the offer price at EUR 6.29, which according to the information provided corresponds to the legally required minimum price from the volume-weighted average price of the Bauer share over a period of six months.
  • All relevant details concerning the acceptance of the offer are outlined in the offer document, which can be accessed on the bidder’s website at https://bauer-angebot.de/ .

EQS-News: SWOCTEM GmbH intends to increase its stake in Klöckner & Co SE and announces voluntary public takeover offer

Retrieved on: 
Thursday, March 16, 2023

E.h. Friedhelm Loh decided on March 13, 2023, to make a voluntary public takeover offer to the shareholders of Klöckner & Co SE.

Key Points: 
  • E.h. Friedhelm Loh decided on March 13, 2023, to make a voluntary public takeover offer to the shareholders of Klöckner & Co SE.
  • With the offer, SWOCTEM GmbH aims to increase its existing shareholding in Klöckner & Co SE to over 30 % and thus to have more flexibility to buy shares in the future without having to make a mandatory offer.
  • SWOCTEM GmbH is already a long-term anchor shareholder and Prof. Friedhelm Loh is a member of the supervisory board of Klöckner & Co SE.
  • This announcement constitutes neither an offer to purchase nor a solicitation of an offer to sell shares in Klöckner & Co SE.

EQS-News: BAUER Aktiengesellschaft: BAUER AG announces new schedule and conditions for capital increase

Retrieved on: 
Wednesday, February 22, 2023

Schrobenhausen, Germany – Today, BAUER AG is announcing the new schedule and conditions for the capital increase against cash contributions resolved by the Extraordinary General Meeting on November 18, 2022, as Supplement No.

Key Points: 
  • Schrobenhausen, Germany – Today, BAUER AG is announcing the new schedule and conditions for the capital increase against cash contributions resolved by the Extraordinary General Meeting on November 18, 2022, as Supplement No.
  • The subscription rights are freely transferrable according to the legal regulations that apply for the no-nominal-value bearer shares.
  • The price of the subscription rights will be determined on an ongoing basis during the ordinary trading hours.
  • There are no plans to make a multiple purchase offer to the shareholders, as BAUER AG only anticipates a very low allocation rate for the shareholders due to the described conditions.

Adva Network Security Layer 2 encryption technology achieves German BSI approval

Retrieved on: 
Thursday, February 2, 2023

Adva Network Security today announced that its flagship 10Gbit/s edge solution with ConnectGuard™ Ethernet encryption has been approved for the transmission of classified data by the German Federal Office for Information Security (BSI).

Key Points: 
  • Adva Network Security today announced that its flagship 10Gbit/s edge solution with ConnectGuard™ Ethernet encryption has been approved for the transmission of classified data by the German Federal Office for Information Security (BSI).
  • Its approval by the BSI will be a major boost for customers with high security standards.
  • View the full release here: https://www.businesswire.com/news/home/20230201005865/en/
    BSI approval for Adva Network Security’s 10G Ethernet device will prove key for data protection at the network edge.
  • With BSI approval, it’s the ultimate choice for rapid innovation and security at the network edge.”
    Further information on the FSP 150-XG118Pro (CSH) is available in this video: https://youtu.be/6w7Z3CLBRFE .

EQS-News: At paragon, the signs continue to point to growth

Retrieved on: 
Sunday, February 12, 2023

Delbrück, 6 February 2023 - paragon GmbH & Co. KGaA [ISIN DE0005558696] has made a successful start to 2023 after a record sales year in 2022.

Key Points: 
  • Delbrück, 6 February 2023 - paragon GmbH & Co. KGaA [ISIN DE0005558696] has made a successful start to 2023 after a record sales year in 2022.
  • At the same time, significant elements of the restructuring of the liabilities side were started or even already completed.
  • The further sales growth secured by the high order backlog in conjunction with numerous, targeted measures represents the basis for the company to achieve an adequate profit.
  • For 2023, the management expects sales in continuing operations of EUR 170 million (+6.2% yoy) with an EBITDA margin of 12-15%.

EVE Energy Bags ASPICE CL2 Automotive Certification for Battery Management System

Retrieved on: 
Wednesday, January 11, 2023

HUIZHOU, China, Jan. 11, 2023 /PRNewswire/ -- EVE Energy Co., Ltd. ("EVE"; SHE 300014), one of the world's leading battery technology companies, recently received the ASPICE CL2 certification from the German Federation of the Automotive Industry ("VDA"), indicating that the company's battery management systems ("BMS") have reached an international industry-leading standard.

Key Points: 
  • HUIZHOU, China, Jan. 11, 2023 /PRNewswire/ -- EVE Energy Co., Ltd. ("EVE"; SHE 300014), one of the world's leading battery technology companies, recently received the ASPICE CL2 certification from the German Federation of the Automotive Industry ("VDA"), indicating that the company's battery management systems ("BMS") have reached an international industry-leading standard.
  • The Automotive Software Process Improvement and Capability Determination (ASPICE) has become the model framework for assessing R&D capabilities among software development teams in the automotive industry.
  • "As the core technology in lithium-ion battery application, EVE Energy's BMS products have entered the development and application stage of the battery operating system," said Dr. Wan Liping, Vice-president of Battery System Research Institute, EVE Energy Co., Ltd. With a global BMS R&D team of more than 200 people, EVE Energy has built up a core R&D capability covering development, product experience, and application experience based on functional safety, information security, and ASPICE standards.
  • More information about EVE Energy's BMS system and full-stack solution, please visit EVE Energy .