UKRAINE

The Kraft Heinz Company Foundation Commits $15 Million Over Three Years to Rise Against Hunger to Provide 463 Million Meals to People in Need

Retrieved on: 
Tuesday, April 9, 2024

Today, The Kraft Heinz Company Foundation announces an extended three-year partnership and $15 million commitment to Rise Against Hunger , an international nonprofit organization.

Key Points: 
  • Today, The Kraft Heinz Company Foundation announces an extended three-year partnership and $15 million commitment to Rise Against Hunger , an international nonprofit organization.
  • The commitment builds on a decade-long partnership between Kraft Heinz and Rise Against Hunger to alleviate global hunger and improve access to nutrition.
  • View the full release here: https://www.businesswire.com/news/home/20240409900011/en/
    Kraft Heinz employees pack meals during the annual Packathon (Photo: Business Wire)
    “At Kraft Heinz, we aim to provide 1.5 billion meals to people in need by 2025,” said Andrea Budelli, President of The Kraft Heinz Company Foundation and Chief R&D Officer of Developed & Emerging Markets at Kraft Heinz.
  • This impact includes:
    Fortified more than 127 million Rise Against Hunger meals with 21 million micronutrient sachets for school feeding and dietary supplementation programs.

Simulmedia Becomes One of the First US-Based Advertising Technology Product Companies to Join the Lviv IT Cluster

Retrieved on: 
Tuesday, April 9, 2024

Simulmedia recognizes Ukraine's current economic challenges and is committed to contributing to the country's economic stability through this partnership.

Key Points: 
  • Simulmedia recognizes Ukraine's current economic challenges and is committed to contributing to the country's economic stability through this partnership.
  • By joining the Lviv IT Cluster, Simulmedia is excited about the opportunity to leverage the capabilities of the local talent pool.
  • Simulmedia’s collaboration with the Lviv IT Cluster is not just a business expansion; it's a commitment to contribute positively to the local economy.
  • Thank you for choosing to change and develop the tech industry with us," added Stepan Veselovskyi, CEO of Lviv IT Cluster.

World Kitchen Furniture Market Outlook 2024, Featuring 35 Company Profiles Including American Woodmark, Boffi, Cabico, Hanssem, IKEA, Interwood, Nobia, Oppein, Scavolini, Schuller, Weizter and Zbom - ResearchAndMarkets.com

Retrieved on: 
Monday, April 8, 2024

World consumption of kitchen furniture is worth about USD 60 billion, accounting for about 15% of total world furniture consumption.

Key Points: 
  • World consumption of kitchen furniture is worth about USD 60 billion, accounting for about 15% of total world furniture consumption.
  • North America is the main consuming area, covering over one-third of the world's kitchen furniture market, followed by Europe and Asia Pacific.
  • Part 3: Company profiles provides company profiles for 35 among the main kitchen furniture manufacturers worldwide.
  • The 60 countries covered by the World Indicators of kitchen furniture were selected based on size of the economy, importance of the kitchen sector and contribution to world trade of kitchen furniture.

Fairbanks Morse Defense Reshaping U.S. Shipbuilding Supply Chain with Strategic Acquisitions

Retrieved on: 
Monday, April 8, 2024

Fairbanks Morse Defense is taking steps to bolster the domestic shipbuilding supply chain with acquisitions that ensure a continuous supply of critical components and equipment are available for maritime defense .

Key Points: 
  • Fairbanks Morse Defense is taking steps to bolster the domestic shipbuilding supply chain with acquisitions that ensure a continuous supply of critical components and equipment are available for maritime defense .
  • “ Revitalizing the U.S. shipbuilding industry requires us to adopt a new approach, but we can’t do that if we don’t have control over our national defense supply chain ,” said Fairbanks Morse Defense CEO George Whittier.
  • U.S. shipbuilding has declined since the 1980s when Federal policies supporting a robust American shipbuilding industry were abandoned.
  • Of the six U.S. companies manufacturing large medium-speed diesel engines before 1980, Fairbanks Morse Defense is the only remaining domestic producer.

The Czechoslovak Group Highlights the Benefits of Its Planned Acquisition of Vista Outdoor’s Sporting Products Business, The Kinetic Group

Retrieved on: 
Monday, April 8, 2024

CSG also highlighted the benefits of its planned Acquisition:

Key Points: 
  • CSG also highlighted the benefits of its planned Acquisition:
    “CSG is a leading industrial technology company operating across strategic business segments including defense, aerospace, ammunition and mobility.
  • We look forward to successfully closing the Acquisition of The Kinetic Group and becoming the steward of such venerable American brands as Federal, CCI and Remington.
  • CSG understands the special importance to American consumers of the brands that are part of The Kinetic Group.
  • Working alongside Vista Outdoor, we are actively engaged in the process and believe we will secure all required approvals.

Alethea Raises $20M in Series B Funding for Disinformation Mitigation

Retrieved on: 
Tuesday, April 9, 2024

WASHINGTON and SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- Alethea , the leading technology company in disinformation detection and mitigation, announced the close of a $20M Series B funding round led by GV , with participation from Ballistic Ventures , who led Alethea's Series A funding in 2022.

Key Points: 
  • WASHINGTON and SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- Alethea , the leading technology company in disinformation detection and mitigation, announced the close of a $20M Series B funding round led by GV , with participation from Ballistic Ventures , who led Alethea's Series A funding in 2022.
  • Alethea is the leading technology company in disinformation detection and mitigation.
  • Alethea was represented by outside counsel WilmerHale in the Series B transaction.
  • Visit the Alethea careers page for more information on open positions across data science, product, engineering, finance, operations, and marketing and sales.

Consortium led by Xavier Niel clears regulatory approval to acquire Ukraine's #1 fixed telco Datagroup-Volia; Pursuing merger with #3 mobile operator Lifecell; Significant investment planned in Ukraine

Retrieved on: 
Monday, April 8, 2024

Once the transaction has closed, the consortium led by NJJ intends to merge Datagroup-Volia with Lifecell, the country's #3 and fastest-growing mobile operator.

Key Points: 
  • Once the transaction has closed, the consortium led by NJJ intends to merge Datagroup-Volia with Lifecell, the country's #3 and fastest-growing mobile operator.
  • The combined Datagroup-Volia-Lifecell entity will be led by Mykhaylo Shelemba, current Datagroup CEO, as Group CEO.
  • This historic transaction is the first major investment by a new market entrant since the full-fledged invasion, as well as a significant investment in domestic infrastructure in Ukraine.
  • We are confident that this deal will start a new page in Ukraine's telecom market and inspire others considering investing in Ukraine."

Consortium led by Xavier Niel clears regulatory approval to acquire Ukraine's #1 fixed telco Datagroup-Volia; Pursuing merger with #3 mobile operator Lifecell; Significant investment planned in Ukraine

Retrieved on: 
Monday, April 8, 2024

Once the transaction has closed, the consortium led by NJJ intends to merge Datagroup-Volia with Lifecell, the country's #3 and fastest-growing mobile operator.

Key Points: 
  • Once the transaction has closed, the consortium led by NJJ intends to merge Datagroup-Volia with Lifecell, the country's #3 and fastest-growing mobile operator.
  • The combined Datagroup-Volia-Lifecell entity will be led by Mykhaylo Shelemba, current Datagroup CEO, as Group CEO.
  • This historic transaction is the first major investment by a new market entrant since the full-fledged invasion, as well as a significant investment in domestic infrastructure in Ukraine.
  • We are confident that this deal will start a new page in Ukraine's telecom market and inspire others considering investing in Ukraine."

Community Healthcare Trust Announces First Quarter Earnings Release Date And Conference Call

Retrieved on: 
Friday, April 5, 2024

Community Healthcare Trust Incorporated is a real estate investment trust that focuses on owning income-producing real estate properties associated primarily with the delivery of outpatient healthcare services in our target sub-markets throughout the United States.

Key Points: 
  • Community Healthcare Trust Incorporated is a real estate investment trust that focuses on owning income-producing real estate properties associated primarily with the delivery of outpatient healthcare services in our target sub-markets throughout the United States.
  • The properties are located in 34 states, totaling approximately 4.3 million square feet in the aggregate.
  • Thus, the Company's actual results and financial condition may differ materially from those indicated in such forward-looking statements.
  • Readers are therefore cautioned not to place undue reliance on the forward-looking statements contained herein which speak only as of the date hereof.

Press release - EU job seeker’s aid worth €3 million for 835 dismissed steel workers in Germany

Retrieved on: 
Tuesday, April 9, 2024

On Monday, the Committee on Budgets approved Germany’s request for support from the European Globalisation Adjustment Fund for Displaced Workers (EGF).

Key Points: 
  • On Monday, the Committee on Budgets approved Germany’s request for support from the European Globalisation Adjustment Fund for Displaced Workers (EGF).
  • Following years of financial losses, a number of restructuring and downsizing measures and a dedicated recovery plan were launched in 2018.
  • The total cost of the proposed measures is €4.97 million, with the EGF covering 60% (€2.98 million) and the remaining funds provided by German national sources.
  • Tailor-made support for dismissed workers
    The support includes guidance, including counselling and vocational orientation, job search assistance like job scouting and participation in job fairs, as well as training offers.