Airport Business Area, Saskatoon

Electrolux Group steps-up cost reductions and organizational simplifications

Retrieved on: 
Friday, October 27, 2023

The ongoing substantial cost reduction progress, while ahead of plan, is not sufficient to restore margins given the price pressure from input cost discrepancies.

Key Points: 
  • The ongoing substantial cost reduction progress, while ahead of plan, is not sufficient to restore margins given the price pressure from input cost discrepancies.
  • "We are therefore accelerating structural cost reductions and execution of product cost measures.
  • The new target comprises net cost reductions from Cost efficiency and Investments in innovation and marketing, combined.
  • This disclosure contains information that Electrolux Group is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014).

Electrolux Group steps-up cost reductions and organizational simplifications

Retrieved on: 
Friday, October 27, 2023

The ongoing substantial cost reduction progress, while ahead of plan, is not sufficient to restore margins given the price pressure from input cost discrepancies.

Key Points: 
  • The ongoing substantial cost reduction progress, while ahead of plan, is not sufficient to restore margins given the price pressure from input cost discrepancies.
  • "We are therefore accelerating structural cost reductions and execution of product cost measures.
  • The new target comprises net cost reductions from Cost efficiency and Investments in innovation and marketing, combined.
  • This disclosure contains information that Electrolux Group is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014).

Uber Eats Partners with Tampa International Airport to Bring Mobile Ordering to Consumers

Retrieved on: 
Tuesday, March 7, 2023

SAN FRANCISCO, March 7, 2023 /PRNewswire/ -- Today Uber Technologies, Inc. (NYSE: UBER) announced a new partnership with Tampa International Airport, bringing mobile ordering to the airport's more than 21 million visitors and workers each year.

Key Points: 
  • Tampa Airport International Airport is Uber's first official US airport partner, after successful operations at the Toronto Pearson Airport and pilots at John Glenn International Airport and Charlotte Douglas International Airport.
  • Uber One members will enjoy their benefits at Tampa International Airport, which includes discounts on eligible orders.
  • "That's why we're excited to give travelers and folks who work at the airport a lot more convenience and a little less stress when they're hungry by bringing Uber Eats skip-the-line mobile ordering technology at restaurant and retail locations at Tampa International Airport."
  • Consumers can use Uber Eats at Airports by downloading the Uber Eats app or by using ubereats.com on their mobile device.

Westinghouse Brings SMART Metals Recycling and Treatment to the UK

Retrieved on: 
Thursday, December 1, 2022

Westinghouse Electric Company today signed a Technology License Agreement with Studsvik to develop a Metals Recycling and Treatment Facility at its Springfields site in Lancashire, UK.

Key Points: 
  • Westinghouse Electric Company today signed a Technology License Agreement with Studsvik to develop a Metals Recycling and Treatment Facility at its Springfields site in Lancashire, UK.
  • View the full release here: https://www.businesswire.com/news/home/20221201005074/en/
    Westinghouses Kirsty Armer and Studsviks Mikael Karlsson sign a Technology License Agreement to develop a Metals Recycling and Treatment Facility at the Westinghouse Springfields site in Lancashire, UK.
  • (Photo: Business Wire)
    Innovative and carbon-neutral solutions are required to process the hundreds of thousands of tons of contaminated metals expected from nuclear decommissioning projects globally.
  • The Westinghouse recycling facility will feature a metal melter as the core technology, to clean, treat and recycle contaminated metals and large components.

Fagerhult Group commits to Science Based Targets initiative

Retrieved on: 
Tuesday, September 6, 2022

STOCKHOLM, Sept. 6, 2022 /PRNewswire/ --Fagerhult Group commits to Science Based Targets initiative, SBTi, this was communicated at the Capital Markets Day that was held in Stockholm on August 31st.

Key Points: 
  • STOCKHOLM, Sept. 6, 2022 /PRNewswire/ --Fagerhult Group commits to Science Based Targets initiative, SBTi, this was communicated at the Capital Markets Day that was held in Stockholm on August 31st.
  • "Committing to the Science Based Targets initiative is a natural next step on our sustainability journey.
  • By committing to the Science Based Targets initiative we want to make sure we as a Group are transparent in our efforts and make a difference.
  • We have committed both to near-term and net-zero targets and will now continue the process to further map and validate our targets", says Bodil Sonesson, President and CEO Fagerhult Group.

Jan Gurander to step down as Volvo Group Deputy CEO

Retrieved on: 
Friday, August 19, 2022

GTEBORG, Sweden, Aug. 19, 2022 /PRNewswire/ --Jan Gurander will step down as Volvo Group Deputy CEO as of December 31st, 2022.

Key Points: 
  • GTEBORG, Sweden, Aug. 19, 2022 /PRNewswire/ --Jan Gurander will step down as Volvo Group Deputy CEO as of December 31st, 2022.
  • His other managerial assignments within the Group will gradually be distributed to other members of the Volvo Group Executive Board.
  • After the turn of the year, Jan Gurander will stand available to President and CEO Martin Lundstedt's disposal.
  • Jan Gurander has a long and successful career within the Volvo Group, starting as Volvo Group Chief Financial Officer in 2014.

Nordea Bank Abp: Half-year Report

Retrieved on: 
Monday, July 18, 2022

See page 5 in the Q2 2022 report for further details.

Key Points: 
  • See page 5 in the Q2 2022 report for further details.
  • Corporate customers are turning to Nordea to meet their financing needs, and we expect this trend to continue.
  • For Nordea, this will mean a more balanced mix of income, as we will once again be generating income from our large deposit base.
  • Overall, Nordea performed very well in the second quarter and we progressed as planned in executing our business plan.

Management changes in AB Electrolux

Retrieved on: 
Wednesday, June 8, 2022

STOCKHOLM, June 8, 2022 /PRNewswire/ -- Electrolux has appointed Anna Ohlsson-Leijon as new Chief Commercial Officer and head of the new Commercial & Consumer Journey Organization.

Key Points: 
  • STOCKHOLM, June 8, 2022 /PRNewswire/ -- Electrolux has appointed Anna Ohlsson-Leijon as new Chief Commercial Officer and head of the new Commercial & Consumer Journey Organization.
  • The new Commercial & Consumer Journey Organization will focus on commercial growth and consumer journey development and lead business execution across the four Business Areas.
  • The Business Area heads remain members of Group Management, ensuring closeness to the business and emphasizing the important regional aspects of business development and execution.
  • For further information, please contact Electrolux Press Hotline, +46 8657 6507.

Management changes in AB Electrolux

Retrieved on: 
Wednesday, June 8, 2022

STOCKHOLM, June 8, 2022 /PRNewswire/ -- Electrolux has appointed Anna Ohlsson-Leijon as new Chief Commercial Officer and head of the new Commercial & Consumer Journey Organization.

Key Points: 
  • STOCKHOLM, June 8, 2022 /PRNewswire/ -- Electrolux has appointed Anna Ohlsson-Leijon as new Chief Commercial Officer and head of the new Commercial & Consumer Journey Organization.
  • The new Commercial & Consumer Journey Organization will focus on commercial growth and consumer journey development and lead business execution across the four Business Areas.
  • The Business Area heads remain members of Group Management, ensuring closeness to the business and emphasizing the important regional aspects of business development and execution.
  • For further information, please contact Electrolux Press Hotline, +46 8657 6507.

SEACORP of Middletown, RI Announces Appointment of New President

Retrieved on: 
Tuesday, November 23, 2021

(SEACORP) Chief Executive Officer Roy Kapani is pleased to announce the appointment of David Cadorette as President, effective January 1, 2022.

Key Points: 
  • (SEACORP) Chief Executive Officer Roy Kapani is pleased to announce the appointment of David Cadorette as President, effective January 1, 2022.
  • Prior to his new role, Mr. Cadorette was Senior Vice President of six major Business Areas within SEACORP, Vice President of Business Development, Vice President of Technical Operations, and a Business Area Manager.
  • David Lussier, the current President of SEACORP, will step down from the role but continue to serve as Executive Vice President, overseeing the administrative staff and all infrastructure related departments.
  • There is enormous opportunity for SEACORP to expand the products and services it offers, and with the appointment of David Cadorette as President, SEACORP is well positioned for continued growth.