Garanti BBVA Supports Turkish Exporters Facing CBAM Certificate Price Volatility

(IN BRIEF) Garanti BBVA has launched a new treasury solution to help companies trading with the European Union manage carbon cost risks linked to the Carbon Border Adjustment Mechanism. The solution uses derivative products to help exporters manage potential price fluctuations in CBAM certificates. Garanti BBVA structured and executed an early transaction in Türkiye for Medcem Cement Group, enabling the company to make a portion of its future CBAM-related costs more predictable. The bank said the product reflects the growing importance of climate-related regulation in corporate financial planning. It aims to support exporters exposed to EU carbon pricing by helping them manage uncertainty, improve cost visibility and integrate climate-related financial risks into treasury planning.

(PRESS RELEASE) ISTANBUL, 24-Jul-2026 — /EuropaWire/ — Garanti BBVA has introduced a new treasury solution designed to help companies trading with the European Union manage carbon cost risks linked to the Carbon Border Adjustment Mechanism.

The solution uses derivative products to help clients address potential price fluctuations in CBAM certificates, which may affect exporters’ future costs, profitability and pricing strategies.

Garanti BBVA said the new offering expands its trade finance and risk management capabilities at a time when climate-related regulation is becoming an increasingly important financial risk for companies.

As part of the initiative, the bank structured and executed an early transaction in Türkiye for Medcem Cement Group, helping the company manage and hedge price risk related to future CBAM certificate costs.

Through the transaction, Medcem Cement Group gained greater predictability over a portion of its future CBAM-related costs.

The structure enabled the company to lock in the average EU Allowances price over the relevant reference period, reducing uncertainty around future carbon costs for the period covered by the transaction.

Garanti BBVA said the solution is intended for exporters to the EU that face CBAM exposure and need greater certainty in treasury planning.

CBAM certificate prices may fluctuate in line with developments in EU carbon markets, creating uncertainty for companies that export covered goods to the European Union.

This uncertainty can affect how exporters plan costs, set prices and assess future profitability.

By offering a derivative-based solution, Garanti BBVA aims to help clients manage exposure to EU carbon prices and prepare for the financial effects of climate-related regulation.

Sinem Edige, Executive Vice President of Garanti BBVA, said sustainability is transforming not only corporate environmental strategies, but also financial strategies and risk management approaches.

She said climate regulations such as the European Union’s Carbon Border Adjustment Mechanism are making predictable carbon cost management increasingly important for companies trading with the EU.

Edige added that Garanti BBVA supports clients in managing financial risks associated with the transition to a lower-carbon economy and in preparing for CBAM-related requirements.

She said the bank is combining sustainable finance expertise with treasury products and risk management solutions to help clients address a new generation of financial risks.

According to Edige, companies planning exports, pricing products or projecting costs today may find it difficult to accurately predict the carbon costs they could face in the future.

She said the transaction with Medcem Madencilik represents one of the early applications of this type in Türkiye and is intended to help the client reduce uncertainty and exposure to EU carbon prices.

Edige added that Garanti BBVA will continue developing solutions that help clients integrate climate-related financial risks into treasury planning.

Mehmet Ali Ceylan, Chief Executive Officer of Medcem Cement Group, said that as CBAM moves into its financial obligation phase, monitoring carbon costs and improving predictability are becoming increasingly important for industries exporting CBAM-covered products to the European Union.

He said the cement sector should approach the process not only as a regulatory compliance issue, but also as a matter of financial resilience and international competitiveness.

Ceylan added that Medcem Cement Group considers uncertainty around carbon costs to be one of the financial dimensions of its decarbonisation strategy.

He said the company worked closely with Garanti BBVA to execute the hedge transaction and make a defined portion of its CBAM-related costs more predictable.

Garanti BBVA said the initiative reflects its broader goal of helping companies manage both traditional market risks and emerging climate-related financial risks.

In addition to foreign exchange, interest rate and commodity risks, the bank is expanding its capabilities to support clients facing new financial exposures created by climate regulation.

The Carbon Border Adjustment Mechanism was established under Regulation (EU) 2023/956 and requires importers of certain carbon-intensive goods into the EU to account for embedded emissions through the purchase and surrender of CBAM certificates.

CBAM certificates are compliance instruments linked to the embedded emissions of goods covered by the mechanism, with pricing connected to the EU Emissions Trading System.

EU Allowances are emissions allowances issued under the European Union Emissions Trading System, with each allowance representing the right to emit one metric tonne of carbon dioxide equivalent.

SOURCE: BBVA

Fincantieri Advances Croatian Industrial Partnerships Linked to Multi-Role Corvette Programme

(IN BRIEF) Fincantieri hosted an Industry Day in Zagreb to explore cooperation opportunities with Croatia’s industrial ecosystem across shipbuilding, engineering, advanced manufacturing and defence. The event, held under the patronage of the Embassy of Italy in Croatia, brought together Croatian and Italian institutional representatives as well as more than 20 Croatian companies. Discussions focused on potential cooperation across the naval value chain and future naval programmes. The initiative is linked to Fincantieri’s support for industrial cooperation in Croatia within the framework of the Croatian Ministry of Defense’s programme for the acquisition of two Multi-Role Corvettes. It also builds on recent Memoranda of Understanding with Croatian shipyards Brodotrogir Cruise d.o.o. and Iskra Shipyard LLC. 

(PRESS RELEASE) TRIESTE, 24-Jul-2026 — /EuropaWire/ — Fincantieri has hosted an Industry Day in Zagreb, bringing together representatives of Croatia’s industrial ecosystem to explore opportunities for cooperation in shipbuilding, engineering, advanced manufacturing and defence.

The initiative forms part of Fincantieri’s broader strategy to develop long-term industrial partnerships and strengthen collaboration across the naval value chain.

Held under the patronage of the Embassy of Italy in Croatia, the event gathered representatives from the Croatian Government, Parliament and institutions, Italian institutional stakeholders and more than 20 Croatian companies.

Participants included Paolo Trichilo, Ambassador of Italy to Croatia; Matej Bule, State Secretary at the Ministry of Finance of the Republic of Croatia; Andro Krstulović Opara, Chairperson of the Foreign Affairs Committee of the Croatian Parliament; Major General Luigi Casali, Director of Department I — Industrial Policy and International Relations Department of the Italian National Armaments Directorate; Mauro Manzini, Vice President Sales of Fincantieri’s Naval Vessels Division; and Carlo Romeo, Vice President International Institutional Affairs at Fincantieri.

The event provided a platform for dialogue and knowledge-sharing between Italian and Croatian stakeholders.

It also helped identify areas of mutual interest and potential cooperation between the two countries’ industrial sectors.

Fincantieri said the initiative reflects its commitment to supporting industrial cooperation in Croatia in connection with the Croatian Ministry of Defense’s programme for the acquisition of two Multi-Role Corvettes.

In this context, the Industry Day helped identify Croatian industrial capabilities and competences that could contribute to the programme.

The initiative is also intended to support long-term value creation for Croatia’s shipbuilding and defence sectors.

By bringing together shipyards, engineering companies, technology providers and industrial players from across Croatia, the event enabled discussions on future cooperation opportunities.

Participants explored how industrial know-how, technologies and supply-chain capabilities could support future naval programmes and contribute to the development of Croatia’s industrial base.

Fincantieri’s global expertise in naval shipbuilding, advanced maritime technologies and underwater capabilities provided a framework for discussions on possible areas of collaboration.

The event also built on the momentum created by recently signed Memoranda of Understanding with Croatian shipyards Brodotrogir Cruise d.o.o. and Iskra Shipyard LLC.

Those agreements establish a framework for cooperation in design, engineering and shipbuilding activities.

Through the Zagreb Industry Day, Fincantieri expanded its engagement to a wider group of Croatian stakeholders, further strengthening the foundations for long-term cooperation between Italy and Croatia in shipbuilding, defence and advanced industrial capabilities.

Fincantieri is one of the world’s largest shipbuilding groups, the only player active in all high complexity marine industry sectors. The Group is a leader in the construction of cruise ships, naval and offshore vessels, and stands out for its extensive experience in the development of underwater solutions, thanks to its integrated industrial structure capable of managing and coordinating all activities related to the commercial, defense, and dual-use sectors. It holds a strong presence in key markets also thanks to the internalization of high value-added, distinctive technologies; it is also a leader in sustainable innovation and in the digital transformation of the shipbuilding sector. The company is active in the field of mechatronics, electronics, and digital naval systems, as well as in cybersecurity, artificial intelligence, and marine interiors solutions. It also offers a wide range of after-sales services, including logistic support and fleet assistance. With over 230 years of history and more than 7,000 ships built, Fincantieri is a global player with a production network of 18 shipyards worldwide and over 24,000 employees; It maintains its know-how, expertise and management centers in Italy, where it directly employs approximately 13,000 workers and creates around 90,000 indirect jobs. www.fincantieri.com

FINCANTIERI

Press Office Investor Relations
Tel. +39 040 3192111 Tel. +39 040 3192111
press.office@fincantieri.it investor.relations@fincantieri.it

SOURCE: FINCANTIERI

Image: Rīgas satiksme

(IN BRIEF) The Nordic Investment Bank is providing a €15 million loan to Rīgas satiksme to support the electrification and modernisation of Rīga’s trolleybus network. The financing will help extend the city’s overhead power network, allowing more trolleybus routes to operate fully electrically and reducing reliance on auxiliary diesel engines. The wider investment programme totals approximately €20 million. The project includes upgrades to traction substations, power supply systems, catenary infrastructure, new power lines, feeders and switchgear. The improvements are expected to reduce outages, voltage drops and service delays across a network that serves around 40 million passenger trips per year.

(PRESS RELEASE) HELSINKI, 24-Jul-2026 — /EuropaWire/ — The Nordic Investment Bank is providing a €15 million loan to Rīgas satiksme to support the electrification and modernisation of the trolleybus network in Latvia’s capital.

The financing will help expand Rīga’s electrified trolleybus infrastructure and upgrade key parts of the supporting power network.

Several trolleybus routes in Rīga currently operate beyond the reach of existing overhead catenary lines, requiring the use of auxiliary diesel engines.

The new investment will allow Rīgas satiksme to extend the overhead power network, enabling fully electric operations across a wider part of the city’s public transport system.

The programme includes upgrades to traction substations and power supply systems, reconstruction of existing catenary infrastructure and the construction of new power lines.

The total investment is estimated at approximately €20 million.

Jānis Naglis, Member of the Management Board of Rīgas satiksme, said the project is an investment in a more environmentally sustainable public transport system.

He said expanding the trolleybus overhead wire network and modernising supporting infrastructure will reduce reliance on diesel engines, improve the reliability of power supply systems and support more efficient public transport operations over the long term.

Kaspars Pīlādzis, Senior Banker and Country Lead for Latvia at NIB, said clean and reliable public transport is essential for sustainable urban development.

He said the investment will expand electric operations in Rīga, support the continued development of the city’s transport network and accelerate the shift toward more sustainable urban mobility.

The planned upgrades are expected to improve network reliability and safety by reducing power outages, voltage drops and service delays.

Modernised substations, new feeders and upgraded switchgear will strengthen the resilience of the trolleybus system.

The network serves around 40 million passenger trips annually.

Rīgas satiksme is a municipally owned company responsible for public transport services within the administrative territory of Rīga.

The company operates buses, trolleybuses and trams, manages paid parking facilities and contributes to the maintenance and development of the city’s transport infrastructure.

NIB is the international financial institution of Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden. The Bank finances projects that improve productivity and benefit the environment of the Nordic-Baltic region. The Bank is headquartered in Helsinki with a regional hub in Riga. NIB has the highest possible credit rating, AAA/Aaa, with S&P Global Ratings and Moody’s.

For further information, please contact

Kaspars Pīlādzis, Senior Banker, Country Lead for Latvia, +358 10 618 0391, kaspars.piladzis@nib.int

Elīna Neimane, Senior Communications Officer, +358 10 618 0871, elina.neimane@nib.int

SOURCE: Nordic Investment Bank

Port of Rotterdam Moves Ahead With Yangtzekanaal Widening for Larger Container Vessels

(IN BRIEF)  The first phase of the Yangtzekanaal widening project has been completed, with the contractor consortium of Hakkers, De Klerk and Van Oord delivering a new tugboat quay with 12 berths and shore power facilities. The second phase has now started and involves the construction of a 1,450-metre quay wall west of the existing Antarcticakade, adding 20 new inland shipping berths with shore power. Around 1.4 million cubic metres of sand will be dredged and reused for land reclamation on Maasvlakte 2. The project will help prepare the Yangtzekanaal for increased traffic linked to capacity expansions at the APMT 2 and RWG terminals in the Prinses Amaliahaven. Once completed, the widened channel will support two-way traffic for container vessels of up to 24,000 TEU.

(PRESS RELEASE) ROTTERDAM, 24-Jul-2026 — /EuropaWire/ — The first phase of the Yangtzekanaal widening project has been completed, marking an important step in preparing the channel for higher traffic volumes and larger container vessels.

The contractor consortium of Hakkers, De Klerk and Van Oord has delivered a new tugboat quay featuring 12 berths and shore power facilities.

As part of this first phase, the Yangtzekanaal was widened on the south side over a length of 500 metres.

Following completion of the initial works, the second phase of the project has now started.

The consortium is now constructing a 1,450-metre quay with 20 new berths for inland shipping, also equipped with shore power facilities.

The Yangtzekanaal is a key access route for the largest container vessels sailing to and from the APMT 2 and RWG terminals in the Prinses Amaliahaven.

Both terminals are currently expanding their capacity, which is expected to increase traffic in the Yangtzekanaal.

As vessels continue to grow in size and port traffic increases, additional space is needed to allow ships to pass through the channel safely and efficiently.

Over the coming years, the navigable channel bed of the Yangtzekanaal will be widened along its full length.

Once the project is complete, the Yangtzekanaal and access to the Maasvlakte will be prepared to accommodate the next generation of container vessels that has yet to be developed.

The second phase includes the construction of a quay wall west of the existing Antarcticakade.

The new quay will provide 20 additional inland shipping berths, complementing the 10 existing berths in the area.

A heavy load zone will also be built for occasional transshipment of freight or specific materials.

The inland shipping berths in front of the new quay wall will have a maintained depth of NAP -6.80 metres.

To widen the navigable channel and create the inland shipping berths, around 1.4 million cubic metres of sand will be dredged.

The dredged sand will be reused for land reclamation on Maasvlakte 2.

These works are intended to enable two-way traffic for container vessels of up to 24,000 TEU.

The project also includes a strong sustainability component.

The top of the new quay wall will be constructed using around 10,000 cubic metres of geopolymer concrete.

This material contains no cement and reduces carbon emissions by approximately 50 percent compared with conventional concrete.

The use of geopolymer concrete supports the Port of Rotterdam Authority’s ambition to make the construction and maintenance of port infrastructure more sustainable.

The Port Authority maintains around 80 kilometres of quay walls and 200 kilometres of slopes.

Further investments in new and replacement quay walls are planned in the coming years.

Geopolymer concrete is expected to be used more frequently in similar port infrastructure projects as the authority continues to reduce the environmental impact of construction and maintenance activities.

Media Contact:

Lex Bezemer
Spokesperson for the Harbour Master, infrastructure projects, national and international partnerships, Portlantis, environmental issues and the connection between the city and the port.
+31 (0)6 3967 4821
Send an email

SOURCE: Port of Rotterdam

From Podcast to National Security: When Geopolitics Becomes an Internal Battle of Narratives

(IN BRIEF) An online political discussion involving Noreen Niazi developed into a national-security controversy in Pakistan after authorities investigated remarks she reportedly made about the country’s relations with the United States, India, Iran and the possible expansion of the Abraham Accords. The case is significant less for the specific opinions expressed than for the government’s decision to treat political commentary as a potential threat to Pakistan’s diplomatic credibility and national interests. Against the backdrop of Pakistan’s delicate balancing of relations with China, the United States, Gulf countries, Iran and India, the controversy demonstrates how information and public narratives have become strategic instruments of geopolitical power. Governments increasingly seek to shape the interpretations that influence domestic and international perceptions of their alliances, stability and foreign-policy direction. At the same time, applying national-security frameworks to public debate risks blurring the line between protecting the information environment and restricting political expression, raising concerns about proportionality, democratic governance, the rule of law and freedom of speech. Ultimately, the Niazi case shows that modern geopolitical competition is fought not only through military and economic power, but also through control over narratives, credibility and international legitimacy.

(OP-ED) ATHENS, 24-Jul-2026 — /EuropaWire/ — On 18 July 2026, Pakistan’s National Cyber Crime Investigation Agency (NCCIA) summoned Niazi to appear on 20 July, citing a possible violation of Article 174 of the Pakistan Penal Code. The investigation was linked to statements she allegedly made during an online podcast hosted by journalist Ahtsham Ullah Behlim and broadcast by Public News. Although the full recording of the podcast was unavailable at the time of writing and it remains unclear whether the publicly circulated material represents the complete interview or selected excerpts, the comments reproduced by Pakistani media outlets triggered significant political controversy.

According to media reports, Niazi argued that India was seeking to strengthen its position as the United States’ principal strategic partner in the region. She also suggested that Pakistan could eventually be encouraged by Washington to join the Abraham Accords. Furthermore, she maintained that Donald Trump would be unlikely to pursue a military confrontation with Iran, implying that regional developments are shaped primarily by geopolitical calculations rather than military considerations alone. These remarks were presented as personal political assessments; nevertheless, the official response elevated them well beyond the boundaries of ordinary political debate.

The Pakistani government described Niazi’s statements as harmful to the country’s national interests. Minister for Information Attaullah Tarar accused her of attempting to damage Pakistan’s international reputation, while Tariq Fazal Chaudhry and Tallal Chaudhry argued that such interventions undermine the state’s credibility abroad. In contrast, Jemima Goldsmith, former wife of Imran Khan, criticized the authorities for criminalizing political expression and restricting public debate. The controversy quickly acquired an international dimension, with media outlets including Dawn, The News International, Express Tribune, Geo News, ARY News, Samaa, and Aaj News offering differing interpretations of the events, reflecting the deep political polarization that characterizes Pakistan’s contemporary political landscape.

The significance of the case lies not so much in the substance of Niazi’s statements as in the manner in which they were incorporated into the realm of national security. The transformation of a public political statement into the subject of a criminal investigation illustrates a broader shift in the way states perceive the relationship between information, political communication, and national security. Information is no longer viewed solely as a means of shaping public opinion; it has increasingly become a strategic resource with potential implications for social cohesion, international credibility, and a state’s diplomatic standing.

This development becomes particularly significant when examined in the context of Pakistan’s geopolitical position. The country occupies the intersection of competing strategic interests, seeking to balance its strategic partnership with China through the China–Pakistan Economic Corridor (CPEC), the need to maintain functional relations with the United States, its longstanding cooperation with Saudi Arabia and the Gulf states, and its enduring rivalry with India. At the same time, developments surrounding Iran’s nuclear program, shifting regional dynamics in the Middle East, and ongoing discussions regarding the possible expansion of the Abraham Accords have created an increasingly fluid regional environment in which any public statement concerning foreign policy carries considerable symbolic and diplomatic weight.

The sensitivity surrounding Niazi’s remarks must be understood within Pakistan’s complex geopolitical environment. At the same time, the decision to subject political commentary on foreign policy to a criminal investigation illustrates how national security considerations may expand into areas traditionally associated with political debate. While governments have a legitimate interest in protecting national security and safeguarding their information environment, the use of criminal law in response to public political speech has generated broader questions regarding proportionality, the boundaries of state authority, and the potential implications for political pluralism. Consequently, the controversy extends beyond domestic political contestation and becomes part of a wider debate over how states reconcile strategic communication, national security, and freedom of expression in an increasingly contested information environment.

This development also reflects a broader transformation in the nature of international conflict. In the digital age, power is no longer exercised solely through military deterrence or economic influence; it increasingly extends into the information domain, where narratives compete for legitimacy and strategic advantage. Yet the growing securitization of information also carries important governance implications. As states expand their efforts to manage strategic narratives, the distinction between countering genuine security threats and regulating political discourse may become increasingly difficult to sustain. The Niazi case therefore illustrates not only the geopolitical importance of information but also the challenges that arise when national security frameworks are applied to political expression in the digital era.

The Niazi case can be further understood through the lens of Strategic Narratives theory, as developed by Alister Miskimmon, Ben O’Loughlin, and Laura Roselle. According to their framework, states compete not only through military and economic capabilities but also through their ability to construct persuasive interpretations of political reality that resonate with both domestic and international audiences. Such narratives legitimize policy choices, shape perceptions of threats and alliances, and constitute an integral component of contemporary foreign policy and international competition. The application of this logic to domestic political discourse, however, raises important questions about the expanding scope of national security. When public commentary on foreign policy becomes the subject of criminal investigation, the distinction between protecting the information environment and regulating political expression may become increasingly difficult to sustain, prompting broader concerns regarding proportionality, democratic governance, and the boundaries of legitimate state authority.

This perspective is reinforced by a growing body of academic scholarship and policy research on information security, strategic communication, and information warfare. Studies conducted by the RAND Corporation, the NATO Strategic Communications Centre of Excellence, the Reuters Institute, Chatham House, and the Carnegie Endowment for International Peace converge on a common conclusion: the information environment has become a central arena of geopolitical competition, where influence operations, digital platforms, and strategic communication increasingly shape national security, foreign policy, and international political outcomes. At the same time, this literature also cautions that the growing securitization of information may carry significant governance implications if national security frameworks are extended to encompass ordinary political discourse. As a result, contemporary geopolitical competition requires states not only to safeguard their strategic interests but also to ensure that measures adopted in the name of national security remain consistent with the principles of proportionality, the rule of law, and the protection of fundamental freedoms. In Pakistan, this challenge has attracted sustained criticism from international human rights organizations, including Human Rights Watch and Amnesty International, which have repeatedly raised concerns regarding restrictions on freedom of expression, the application of cybercrime legislation, and the use of criminal proceedings against journalists, political opponents, and government critics.

Viewed through this lens, the Noreen Niazi case assumes significance beyond that of an isolated criminal investigation. The official response suggests that her public remarks were assessed not merely as political speech but also as a potential factor capable of influencing Pakistan’s image among allies, adversaries, and international organizations. This approach reflects a broader understanding that public communication can shape the strategic security environment and, consequently, affect national interests.

Beyond its domestic dimension, the handling of cases such as Niazi’s can also be interpreted through the concept of strategic signaling. In international relations, state actions are intended not only to address an immediate challenge but also to communicate messages to multiple audiences regarding the credibility, coherence, and predictability of a country’s foreign policy. For Pakistan, which seeks to maintain a delicate balance among competing regional and global powers, the public management of issues relating to foreign policy may serve as a means of projecting institutional cohesion and political stability. Accordingly, the authorities’ response was directed not solely at a domestic audience but may also be understood as signaling to allies, rivals, and international organizations that the state seeks to retain control over strategic narratives affecting its international credibility.

The Niazi case therefore extends well beyond the boundaries of domestic political contestation, illustrating how information has become a critical component of national power. Regardless of the merits of the views expressed, the response of the Pakistani authorities demonstrates that incidents of this nature may be incorporated into a broader strategy of strategic communication through which a state seeks to strengthen its image as a responsible and credible international actor, preserve its institutional legitimacy, and manage narratives that it perceives as affecting its national interests. Ultimately, the Niazi case illustrates that, in contemporary geopolitics, states compete not only for control over territory, strategic resources, or military balances, but also for control over the narratives that shape international legitimacy, credibility, and, ultimately, the exercise of power itself.

About the author

Dimitra Staikou is a Greek lawyer, journalist, and professional writer with extensive expertise on South Asia, China, and the Middle East. Her analyses on geopolitics, international trade, and human rights have been published in leading outlets including Modern Diplomacy, HuffPost Greece, Skai.gr, Eurasia Review, and the Daily Express (UK). Fluent in English, Greek, and Spanish, Dimitra combines legal insight with on-the-ground reporting and creative storytelling, offering a nuanced perspective on global affairs.

SOURCE: Dimitra Staikou

Safran Landing Systems Agreement Supports Lufthansa Technik’s A350 MRO Development in London

(IN BRIEF) Safran Landing Systems and Lufthansa Technik have signed a 10-year Support and Services Agreement at the Farnborough International Airshow covering Airbus A320 family, A330, A340 and A350 landing gear and hydraulic equipment. Under the agreement, Safran Landing Systems will provide OEM support for Lufthansa Technik’s global MRO operations, including certified spare parts, technical and engineering assistance, and updated maintenance documentation. The agreement will support the development of A350 MRO activities at Lufthansa Technik Landing Gear Services in London, while continuing support for A320, A330 and A340 landing gear services at Lufthansa Technik facilities in Hamburg.

(PRESS RELEASE) Farnborough, 23-Jul-2026 — /EuropaWire/ — Safran Landing Systems and Lufthansa Technik have signed a 10-year Support and Services Agreement covering landing gear and hydraulic equipment for several Airbus aircraft programmes.

The agreement was signed at the Farnborough International Airshow and applies to the Airbus A320 family, A330, A340 and A350 aircraft.

The long-term partnership follows several years of cooperation between Safran Landing Systems and Lufthansa Technik as the two companies work to address current and future aircraft maintenance requirements.

Under the agreement, Safran Landing Systems will provide Lufthansa Technik with comprehensive original equipment manufacturer support for its global maintenance, repair and overhaul operations.

This support includes the supply of certified spare parts, advanced technical and engineering assistance, and access to updated maintenance documentation for all covered aircraft programmes.

The companies will also work together to optimise maintenance planning, component repairs and operational continuity across Lufthansa Technik’s global network.

The agreement will specifically support the development of A350 maintenance, repair and overhaul activities at Lufthansa Technik Landing Gear Services in London.

Through the agreement, Lufthansa Technik will gain direct access to the latest data and repair solutions from Safran Landing Systems as the original equipment manufacturer.

The partnership will also ensure continued support for legacy aircraft types, including the A320 family, A330 and A340, at Lufthansa Technik’s landing gear facilities in Hamburg.

Berit Plewinsky, Vice President Aircraft Component Services at Lufthansa Technik, said the agreement brings together the expertise of Lufthansa Technik’s landing gear network and Safran Landing Systems as the OEM.

She said the collaboration will help both companies serve customers and meet market demand to a high professional standard.

Darren Waite, Executive Vice President Customer Support and Services at Safran Landing Systems, said the agreement reflects the trust built between the two companies over several years of collaboration.

He said Safran Landing Systems will provide Lufthansa Technik with OEM expertise, reliable spare parts and technical support to help maintain and enhance Airbus fleets worldwide.

The agreement strengthens the long-term relationship between Safran Landing Systems and Lufthansa Technik and supports the continued development of global MRO capabilities for major Airbus aircraft platforms.

Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. Its core purpose is to contribute to a safer, more sustainable world, where air transport is more environmentally friendly, comfortable and accessible. Safran has a global presence, with more than 110,000 employees and revenue of 31.3 billion euros in 2025, and holds, alone or in partnership, global or regional leadership positions in its core markets.

Safran is listed on the Euronext Paris stock exchange and is part of the CAC 40 and Euro Stoxx 50 indices.

Media Contact:

Gabrielle PORTE-PETIT
Safran Landing Systems
+33 7 87 85 99 80
gabrielle.porte-petit@safrangroup.com

Dirk Steinbach
Head of Corporate Communications
Lufthansa Technik
+49 1515 8921074
dirk.steinbach@lht.dlh.de

SOURCE: Safran

ZF LIFETEC to Start Series Production of Camera-Visible Seat Belt Fabric in August 2026

(IN BRIEF) ZF LIFETEC has developed Infrared Belt, a new seat belt fabric with an integrated infrared signature that allows in-cabin cameras to detect whether a seat belt is being worn correctly. The technology helps camera-based occupant monitoring systems identify the actual position of the belt across the body, rather than simply confirming whether the buckle is fastened. This can help detect misuse such as a belt routed under the arm or behind the occupant’s back. Series production is planned for August 2026, covering all seating positions, including rear seats. The development comes as in-cabin camera-based driver fatigue and distraction detection gains regulatory importance in the EU and as Euro NCAP places greater focus on real-world occupant protection under its Vision 2030 roadmap. ZF LIFETEC will present the new infrared seat belt webbing at AIRBAG 2026 in Mannheim from 8 to 10 December 2026.

(PRESS RELEASE) ALFDORF, 23-Jul-2026 — /EuropaWire/ — ZF LIFETEC has developed a new seat belt fabric with an integrated infrared signature, enabling in-cabin cameras to detect more reliably whether a seat belt is being worn correctly.

The product, called Infrared Belt, is designed to help vehicle manufacturers improve occupant detection and meet current and future safety requirements from independent vehicle safety assessment organisations such as NCAP.

Series production of the new infrared seat belt fabric is scheduled to begin in August 2026.

ZF LIFETEC, a global manufacturer of passive safety systems for passenger cars, said the technology responds to the growing role of camera-based monitoring systems inside vehicles.

The company noted that in-cabin camera-based fatigue and distraction detection became mandatory for newly approved vehicle types in the European Union on 7 July 2026.

Harald Lutz, Senior Vice President Research & Development at ZF LIFETEC, said the company has long worked with the interaction between passive safety products and in-cabin cameras.

He said the new infrared seat belt improves the quality of occupant detection and contributes to higher levels of safety for drivers, front passengers and rear-seat occupants.

The seat belt remains one of the most important restraint systems in a vehicle, but it can only provide full protection when positioned correctly.

ZF LIFETEC said the Infrared Belt enables infrared cameras to determine whether the belt is routed properly across the occupant’s body.

This is particularly important because traditional buckle sensors can confirm whether a seat belt has been fastened, but they cannot show whether the belt is being worn in a way that provides its intended protective effect.

The Infrared Belt is based on a targeted material design in the webbing.

Different yarns with specific spectral properties are combined to create an integrated infrared signature that camera-based systems can clearly recognise.

Cameras operating in the infrared spectrum detect differences in how materials reflect and absorb light.

This allows the seat belt to stand out from clothing, skin and seat surfaces, regardless of lighting conditions inside the vehicle.

As a result, the system can provide a stable, high-contrast signal that helps determine the exact position of the belt.

The technology is intended for all seating positions, including rear seats.

Infrared cameras can track the path of the seat belt across the body, enabling automakers to use intelligent detection algorithms to identify whether the belt is correctly positioned over the shoulder or incorrectly routed under the arm or behind the occupant’s back.

ZF LIFETEC said the infrared-based approach is more robust than conventional RGB camera systems, which can be affected by reflections or backgrounds with similar colours.

Because infrared detection relies on defined material properties, the belt can be identified more reliably across different clothing, lighting and interior conditions.

The company said the technology also aligns with future expectations from Euro NCAP.

Under its Vision 2030 roadmap, Euro NCAP is placing greater emphasis on real-world safety performance and the ability of vehicles to assess whether occupants are optimally protected.

For seat belts, this means systems will increasingly need to detect not only whether the buckle is fastened, but whether the belt is being worn correctly.

Euro NCAP also expects detected seat belt misuse to be communicated through appropriate audiovisual warnings so occupants can correct the issue.

ZF LIFETEC said the Infrared Belt turns the seat belt into an active element within connected safety architectures, helping systems assess the actual protective effect of the restraint system.

The development comes in the year marking 50 years of mandatory seat belt use in Germany, introduced in January 1976.

ZF LIFETEC also highlighted its 65 years of work in passive safety.

The company, then operating under the name REPA, began mass-producing static seat belts in 1967, six years after its founding.

Today, ZF LIFETEC said modern occupant protection depends on the coordinated interaction of seat belts, airbags, steering wheel systems, sensors and software.

Adaptive sensor technology and real-time data fusion are increasingly used to ensure these systems work together to provide the best possible protection in a crash.

ZF LIFETEC will present the new infrared seat belt webbing at AIRBAG 2026, taking place from 8 to 10 December 2026 in Mannheim.

The event brings together automakers, suppliers, research institutions and regulatory agencies focused on passive safety technologies.

Media Contacts:

Knut Zimmer
Spokesperson Product & Technology, ZF LIFETEC
+49 171 1506727
knut.zimmer@zf-lifetec.com

Florian Zink
Communications Manager, ZF LIFETEC
+49 151 20509191
florian.zink@zf-lifetec.com

SOURCE: ZF

SGL Carbon Supports Sustainable Energy and Employee E-Mobility With New PV Installation

(IN BRIEF) SGL Carbon has expanded photovoltaic capacity at its Ort im Innkreis site in Austria by commissioning new PV carports. The new installation adds 252 kWp of solar capacity, bringing the site’s total photovoltaic capacity to approximately 870 kWp. The project was carried out in cooperation with VERBUND, Austria’s leading energy company. The PV carports generate renewable electricity while also protecting parked vehicles from weather conditions. SGL Carbon has also installed ten EV charging stations, allowing employees to charge electric vehicles at the site.

(PRESS RELEASE) WIESBADEN, 23-Jul-2026 — /EuropaWire/ — SGL Carbon has expanded photovoltaic capacity at its Ort im Innkreis site in Austria with the commissioning of new PV carports.

The new installation increases the site’s total solar system capacity to approximately 870 kilowatt-peak.

The PV carports add 252 kilowatt-peak of additional capacity to the company’s own power generation, supporting local renewable electricity production while also providing practical benefits for employees.

The project was implemented in cooperation with VERBUND, Austria’s leading energy company.

SGL Carbon said the expansion forms part of its wider efforts to increase the use of renewable energy across its sites and support energy-related sustainability goals.

The new carports generate solar power while also protecting parked vehicles from direct sunlight during summer and from snow and harsh weather in winter.

In addition, ten electric vehicle charging stations have been installed at the site.

The charging infrastructure allows employees to charge their electric vehicles while at work, helping make sustainable mobility more convenient in everyday life.

Robert Hütter, Site Manager at Ort im Innkreis, said the new PV carports combine environmental responsibility with tangible benefits for employees.

“We’re expanding local renewable energy generation while offering our employees concrete added value in their daily lives,” said Hütter.

SGL Carbon said the expansion of the photovoltaic system continues the company’s path toward greater use of renewable energy.

The additional solar capacity is expected to help reduce the company’s carbon footprint and contribute to a more sustainable energy supply at the Austrian site.

Media Contact:

Claudia Kellert
Head of Investor Relations, Communications and Corporate Sustainability
phone: +49 611 6029-106
e-mail: investor-relations@sglcarbon.com

SOURCE: SGL Carbon

Symrise to Build Grasse Naturals Cluster Through Floral Concept and Maison Lautier

(IN BRIEF) Symrise has signed a put option agreement to acquire 100 percent of Floral Concept, a French premium natural fragrance ingredients company based in Saint-Cézaire-sur-Siagne in the Pays de Grasse region. The contemplated acquisition would strengthen Symrise’s position in premium natural fragrance ingredients and enhance its offering for fine fragrance and personal care customers. Floral Concept specialises in sourcing, selecting and transforming natural raw materials such as jasmine, rose, orange blossom, ambrette and blackcurrant into high-value fragrance ingredients. Symrise plans to combine Floral Concept with Maison Lautier 1795 to create a dedicated Naturals cluster in Grasse. The move supports the company’s ONE Symrise strategy, focused on profitable growth, portfolio optimisation, margin resilience and strong cash generation. The transaction is expected to close in Q3 2026, subject to employee information processes and customary closing conditions. Financial details were not disclosed.

(PRESS RELEASE) HOLZMINDEN, 23-Jul-2026 — /EuropaWire/ — Symrise has signed a put option agreement to acquire 100 percent of the share capital of Floral Concept, a French premium natural ingredients company serving the fragrance industry.

Floral Concept is headquartered in Saint-Cézaire-sur-Siagne, in the Pays de Grasse region, an area closely associated with the heritage of fine perfumery.

The contemplated acquisition is intended to accelerate Symrise’s development toward a leading position in premium natural fragrance ingredients, a segment that is becoming increasingly important for differentiation in fine fragrance creation.

Symrise said the transaction would enhance its offering for fragrance customers and create a distinctive Naturals cluster in the Pays de Grasse by bringing Floral Concept together with Maison Lautier 1795, the company’s existing Naturals house within its Fragrance division.

The move supports the ONE Symrise strategy, which focuses on profitable growth, margin resilience, strong cash generation and active portfolio management.

Demand for natural, traceable and differentiated ingredients continues to grow across personal care and perfumery, especially in fine fragrance.

Customers are increasingly looking for specialty extracts and technology-enabled natural ingredients that provide distinctive olfactive profiles, quality and authenticity.

Symrise said the acquisition would give customers access to a broader and more differentiated portfolio, creating new possibilities for premium fragrance compositions.

The company also said the transaction aligns with its capital allocation and portfolio optimisation priorities, while supporting its ambition to deliver durable profitable growth and strong cash flow.

Michael Friede, President of the Scent & Care segment at Symrise, said Floral Concept represents a high-quality growth platform aligned with the group’s strategic priorities.

He noted that Symrise already has experience in high-performing natural ingredients for food applications, particularly following the acquisition of Diana in 2014, as well as existing fragrance naturals capabilities through Maison Lautier 1795.

Friede said Symrise intends to build on Floral Concept’s capabilities and combine them with its existing expertise to establish a best-in-class Naturals platform in Grasse dedicated to fragrances.

He added that the transaction would support the continued evolution of Symrise’s portfolio toward more differentiated, resilient and value-creating businesses.

Founded in 2002, Floral Concept has built its reputation on sourcing, selecting and transforming natural raw materials into high-value fragrance ingredients.

The company serves leading fragrance houses and is recognised for its quality standards, authenticity, long-standing producer relationships and deep market expertise.

Frédérique Rémy, General Manager of Floral Concept, said the company has been built around quality, authenticity and long-term relationships with producers and customers.

She said Symrise understands Naturals, values the Grasse ecosystem and can support Floral Concept’s next phase of development through its global reach and fragrance expertise.

Floral Concept combines artisanal know-how with advanced transformation capabilities.

Its portfolio includes premium natural fragrance ingredients derived from prized botanicals such as jasmine, rose, orange blossom, ambrette and blackcurrant.

Symrise said the contemplated acquisition would complement Maison Lautier 1795 by adding further expertise in sourcing, selecting and transforming exceptional natural raw materials.

Together, Floral Concept and Maison Lautier would form a dedicated Naturals cluster combining responsible sourcing, extraction, transformation and fragrance creation capabilities.

The combination is expected to significantly expand Symrise’s premium Naturals capabilities and reinforce the company’s commitment to sustainability, traceability and long-term partnerships across the value chain.

Ricardo Omori, President of the Global Fragrance Division at Symrise, said the combination creates an opportunity to expand creative and technical possibilities in premium natural ingredients.

He said bringing together Floral Concept’s sourcing and extraction expertise with Maison Lautier’s heritage of innovation would create a new benchmark for creativity, quality and sustainability in perfumery.

The parties expect to close the contemplated transaction in the third quarter of 2026, subject to relevant employee information processes and customary closing conditions.

Financial details of the investment are being treated confidentially.

About Floral Concept

Headquartered in Saint-Cézaire-sur-Siagne, part of the Pays de Grasse metropolitan area, Floral Concept develops and supplies premium natural fragrance ingredients for the Fine Fragrance industry. Since its founding in 2002, the company has built a strong reputation for sourcing, selecting and transforming exceptional natural raw materials into high-value fragrance ingredients. Combining long-standing producer relationships, deep market expertise and transformation know-how, Floral Concept is committed to the highest standards of quality, traceability, integrity and authenticity. Its portfolio includes premium natural extracts and fragrance ingredients derived from some of perfumery’s most prized botanicals, including jasmine, rose, orange blossom, ambrette and blackcurrant.

About Symrise
Symrise is a global supplier of flavors and fragrances, cosmetic base and active ingredients, and functional ingredients. Its customers include manufacturers of perfume, cosmetics, food and beverages, as well as the pharmaceutical industry and producers of dietary supplements and pet food. With sales of around €4.9 billion in the 2025 financial year, the company is one of the world’s leading providers. Headquartered in Holzminden, Germany, the Group has more than 100 sites in Europe, Africa and the Middle East, Asia, North America, and Latin America. Together with its customers, Symrise develops new ideas and market-ready concepts for products that have become an indispensable part of everyday life. Economic success and corporate responsibility are inextricably linked. Symrise – always inspiring more…www.symrise.com

Social media:
linkedin.com/company/Symrise youtube.com/agsymrise
xing.com/companies/symrise instagram.com/symriseag
instagram.com/finefragrancestories_bySymrise instagram.com/symrise.ci

Media Contact:

Christina Witter
Phone: +49 55 31 90-2182
E-mail: christina.witter@symrise.com

SOURCE: Symrise

University of Copenhagen Researchers Advance DNA Vacuum Method for Mapping Wildlife From Air Samples

(IN BRIEF) Researchers from the University of Copenhagen have advanced a “DNA vacuum” method that collects airborne environmental DNA to identify wildlife in natural areas. In two new studies, the team collected air samples from Æbelø, Kalvebod Commons and Lille Vildmose in Denmark. The method detected local wildlife including birds, mammals and one amphibian species, suggesting that airborne DNA signals can reflect species presence in a specific area. The DNA vacuum uses a fan to draw air through a filter, where genetic traces from animals are captured. The DNA is then sequenced and compared with animal DNA databases. The researchers hope the method can become an additional tool for biodiversity monitoring, helping detect endangered species, track the effects of conservation work and identify invasive species early.

(PRESS RELEASE) COPENHAGEN, 23-Jul-2026 — /EuropaWire/ — Researchers from the University of Copenhagen have developed and refined a “DNA vacuum” capable of collecting genetic traces of animals from the air, offering a new way to identify wildlife living in natural areas.

In two new studies, the researchers used the method to collect airborne environmental DNA in three natural sites in Denmark: Æbelø north of Funen, Kalvebod Commons on Amager, and Lille Vildmose in North Jutland.

The studies show that airborne DNA sampling can detect animals present in a local area without researchers needing to see or physically capture them.

Animals leave behind tiny traces of genetic material through hair, feathers, skin cells and other biological particles. These traces can remain suspended in the air and be captured using the DNA vacuum.

The device works by drawing air through a filter, similar to those used in ordinary vacuum cleaner bags. DNA collected on the filter can then be sequenced and compared with animal DNA databases to identify which species are present.

The researchers said the latest results indicate that the method is becoming more precise.

Kasun Bodawatta, postdoctoral researcher at the Globe Institute at the University of Copenhagen and one of the lead authors of the two studies, said the team did not detect DNA from animals that should only be found many kilometres away.

He said this suggests that the airborne DNA signals reflect local wildlife and that the DNA vacuum method has improved in accuracy.

Across the three natural areas, the researchers found DNA traces from species characteristic of each location.

At Kalvebod Commons, they detected traces of birds including Eurasian teal, common snipe, bearded reedling and northern lapwing.

In Lille Vildmose, the method identified DNA from species including tawny owl, great spotted woodpecker, Eurasian bullfinch and European buffalo.

On the forested island of Æbelø, the researchers found traces of white-tailed eagle, long-eared owl and European fallow deer, among others.

The University of Copenhagen research group was among the first in the world to demonstrate in 2022 that airborne DNA could be collected from animals in Copenhagen Zoo.

The team later showed that the method could also capture DNA traces from animals in a forest area on Zealand.

The two latest studies move the method further toward practical use in nature monitoring.

Researchers have improved the DNA vacuum’s efficiency and increased the number of species that can be detected per sample.

The work could eventually support biodiversity monitoring by helping identify whether endangered species are present in a specific area or detecting invasive species before they become established.

Kristine Bohmann, environmental DNA expert, associate professor at the Globe Institute and senior author of the two studies, said the team hopes DNA vacuuming can become an additional tool for mapping species presence.

She said the method could help provide an overview of how conservation initiatives affect biodiversity in a given area.

The research also explores how airborne animal DNA spreads across space and time, which is considered essential for using the method as a biodiversity monitoring tool.

The team plans to continue investigating how recently animals may have left behind the DNA captured by the vacuum and how close they may have been to the sampling site.

The researchers also aim to test how the technology performs in climates beyond Denmark, including tropical environments.

The two new studies have been published in Communications Biology and Methods in Ecology and Evolution.

In one study, the researchers examined how filter type, airflow and storage temperature influence DNA capture. Across the three Danish natural areas, they recorded 52 bird species, 19 mammals and one amphibian species.

In the second study, focused on how long the vacuuming process should take, the researchers found traces of 54 bird species, 18 mammals and one amphibian species in Lille Vildmose.

The findings bring airborne environmental DNA sampling closer to becoming a practical tool for monitoring biodiversity and understanding wildlife presence in natural landscapes.

About the research

In two studies, the researchers investigated how to improve the method behind the DNA vacuum.

They did this, among other things, by examining the presence of animal DNA in the air in three different natural areas in Denmark: Kalvebod Commons, Lille Vildmose, and Æbelø.

A plastic box forms the exterior of the DNA vacuum, while a computer fan inside the box draws air from the surroundings through a regular filter—similar to those used in standard vacuum cleaner bags—where the DNA is deposited.

To capture DNA, the researchers hung the vacuums in trees in the three natural areas and analyzed the filters. They then sequenced the captured DNA and compared it with a database of animal DNA to identify which animals were represented.

In one study, the researchers examined the influence of filter type, airflow, and storage temperature on DNA capture. In this study, they recorded 52 bird species, 19 mammals, and one amphibian species across the three natural areas.

In the other study, the researchers examined how long the vacuuming needed to take. Here, they found traces of 54 birds, 18 mammals, and one amphibian species in Lille Vildmose.

The research group is now continuing to investigate how long it may have been since the animals left behind the DNA captured by the vacuum, and how close they may have been to the sampling site.

Media Contacts:

Postdoc Kasun Bodawatta
Globe Institute
Email: bodawatta@sund.ku.dk
Phone: +45 91 72 49 96

Kristine Bohmann
Associate Professor
Globe Institute
Email: kbohmann@sund.ku.dk
Phone: +45 40 75 05 21

William Brøns Petersen
Communications Consultant
UCPH Communication
Email: william.petersen@adm.ku.dk
Phone: +45 93 56 55 80

SOURCE: University of Copenhagen

AkzoNobel and Axalta Refine Proposed Governance Framework Following Shareholder Engagement

(IN BRIEF) AkzoNobel and Axalta have announced refinements to the proposed governance arrangements for the company that would be formed through their pending all-share merger of equals. The changes follow engagement with shareholders and other stakeholders after the announcement of the proposed merger and the convening of the AkzoNobel EGM and Axalta SGM. The updated framework shortens the initial period before annual re-election of all directors from five years to three years. It also lowers the approval threshold for certain key governance decisions during the initial three-year period from 75 percent to two-thirds of non-executive directors. The enhancements do not require changes to the proposed Articles of Association, and the AkzoNobel EGM and Axalta SGM scheduled for 5 August 2026 will proceed as planned.

(PRESS RELEASE) AMSTERDAM, 23-Jul-2026 — /EuropaWire/ — Akzo Nobel N.V. and Axalta Coating Systems Ltd. have announced updates to the proposed governance arrangements for the company that would be formed through their pending all-share merger of equals.

The refinements follow extensive engagement with shareholders and other stakeholders after the companies announced the proposed transaction and convened the AkzoNobel extraordinary general meeting and Axalta special general meeting.

AkzoNobel and Axalta said the shareholder dialogue has resulted in two key changes to the governance framework planned for the combined company.

Under the updated arrangements, all directors would be subject to annual re-election after the initial three-year period following completion of the merger.

The earlier proposal had contemplated annual re-election after an initial five-year period.

The companies have also revised the approval threshold that would apply during the initial three-year period after completion.

The threshold will now require approval by two-thirds of non-executive directors, instead of the previously contemplated 75 percent threshold.

This approval threshold will apply to proposals to the general meeting concerning the appointment and dismissal of directors.

It will also apply to the appointment and removal of the Chief Executive Officer, Deputy Chief Executive Officer and Chief Financial Officer.

In addition, the threshold will cover the designation of Chair and Vice Chair titles and amendments to the remuneration policy.

Rakesh Sachdev, Chair of the Axalta Board of Directors, said the companies are pleased to announce the governance enhancements following constructive shareholder engagement.

He said the changes reinforce the companies’ commitment to strong corporate governance and effective board oversight while further strengthening the governance framework of the proposed combined company.

Sachdev added that Axalta appreciates the feedback received during the process and remains confident that the merger will create a leading global coatings company capable of delivering significant long-term value for all shareholders.

Ben Noteboom, Chairman of the Supervisory Board of AkzoNobel, said the companies had listened carefully to shareholders.

He said the changes reflect the partnership and accountability intended to define the combined company from the outset.

Noteboom added that the constructive dialogue with shareholders helped shape improvements that further align the governance of the combined company with the interests of shareholders and other stakeholders.

AkzoNobel and Axalta said the governance enhancements do not require any changes to the proposed Articles of Association of the combined company.

As a result, the AkzoNobel extraordinary general meeting and Axalta special general meeting planned for 5 August 2026 will proceed as scheduled.

The companies said the existing agenda items for the meetings remain unaffected.

The announcement was issued by Akzo Nobel N.V. and Axalta pursuant to section 17 paragraph 1 of the European Market Abuse Regulation.

About AkzoNobel 

Since 1792, we’ve been supplying the innovative paints and coatings that help to color people’s lives and protect what matters most. Our world class portfolio of brands – including Dulux, International, Sikkens and Interpon – is trusted by customers around the globe. We’re active in more than 150 countries and use our expertise to sustain and enhance everyday life. Because we believe every surface is an opportunity. It’s what you’d expect from a pioneering and long-established paints company that’s dedicated to providing more sustainable solutions and preserving the best of what we have today – while creating an even better tomorrow. Let’s paint the future together.

About Axalta

Axalta is a global leader in the coatings industry, providing customers with innovative, colorful, beautiful and sustainable coatings solutions. From light vehicles, commercial vehicles and refinish applications to electric motors, building facades and other industrial applications, our coatings are designed to prevent corrosion, increase productivity and enhance durability. With more than 150 years of experience in the coatings industry, the global team at Axalta continues to find ways to serve our more than 100,000 customers in over 140 countries better every day with the finest coatings, application systems and technology. For more information visit axalta.com and follow us on LinkedIn.

Safe Harbor Statement

This media release contains statements which address such key issues as AkzoNobel’s growth strategy, future financial results, market positions, product development, products in the pipeline and product approvals. Such statements should be carefully considered, and it should be understood that many factors could cause forecast and actual results to differ from these statements. These factors include, but are not limited to, price fluctuations, currency fluctuations, developments in raw material and personnel costs, pensions, physical and environmental risks, legal issues, and legislative, fiscal, and other regulatory measures, as well as significant market disruptions. Stated competitive positions are based on management estimates supported by information provided by specialized external agencies. For a more comprehensive discussion of the risk factors affecting our business, please see our latest annual report.

Important Information Regarding the Proposed Axalta Transaction

General Restrictions

This communication is not for release, publication, or distribution, in whole or in part, in or into, directly or indirectly, any jurisdiction in which such release, publication, or distribution would be unlawful.

This communication is not a prospectus and the information in this communication is not intended to be complete. This communication is for informational purposes only and is not intended to be and shall not constitute a solicitation of any vote or approval, or an offer to buy or sell, or the solicitation of an offer to buy or sell, any securities, or an invitation or recommendation to subscribe for, acquire or buy securities of AkzoNobel or Axalta or any other financial products or securities, in any place or jurisdiction, nor shall there be any offer, solicitation or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended (the “Securities Act”).

Any decision to purchase, subscribe for, otherwise acquire, sell or otherwise dispose of any securities must be made only on the basis of the information contained in and incorporated by reference into the prospectus with respect to the shares to be allotted by AkzoNobel in the proposed transaction, which was published on June 24, 2026.

The distribution of this communication may, in some countries, be restricted by law or regulation. Accordingly, persons who come into possession of this document should inform themselves of and observe these restrictions. To the fullest extent permitted by applicable law, AkzoNobel and Axalta disclaim any responsibility or liability for the violation of any such restrictions by any person. Neither AkzoNobel, nor Axalta, nor any of their advisors assume any responsibility for any violation by any person of any of these restrictions. Shareholders of AkzoNobel and Axalta, respectively, with any doubt as to their position should consult an appropriate professional advisor without delay.

This communication is addressed to and directed only at, persons who are outside the United Kingdom or, in the United Kingdom, at persons who are: (i) persons having professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), (ii) persons falling within Article 49(2)(a) to (d) of the Order, or (iii) persons to whom it may otherwise lawfully be communicated pursuant to the Order (all such persons together being referred to as, “Relevant Persons”). This communication is directed only at Relevant Persons. Other persons should not act or rely on this communication or any of its contents.  Any investment or investment activity to which this communication relates is available only to Relevant Persons and will be engaged in only with such persons. Solicitations resulting from this communication will only be responded to if the person concerned is a Relevant Person.

Additional Information and Where To Find It

In connection with the proposed transaction between AkzoNobel and Axalta, AkzoNobel filed with the U.S. Securities and Exchange Commission (the “SEC”) a registration statement on Form F-4 on May 27, 2026, as amended on June 18, 2026, which included a proxy statement of Axalta that also constitutes a prospectus with respect to the shares to be offered by AkzoNobel in the proposed transaction. The registration statement was declared effective by the SEC on June 23, 2026. In connection with the proposed transaction, on June 24, 2026, Axalta filed with the SEC a definitive proxy statement and, on or about June 24, 2026, Axalta commenced mailing the definitive proxy statement to its holders of record as of June 11, 2026. Each of AkzoNobel and Axalta will also file other relevant documents in connection with the proposed transaction. This communication is not a substitute for any registration statement, proxy statement/prospectus or other documents AkzoNobel and/or Axalta may file with the SEC or any other competent regulator in connection with the proposed transaction. This communication does not contain all the information that should be considered concerning the proposed transaction and is not intended to form the basis of any investment decision or any other decision in respect of the proposed transaction. BEFORE MAKING ANY VOTING OR INVESTMENT DECISIONS, INVESTORS, STOCKHOLDERS AND SHAREHOLDERS OF AKZONOBEL AND AXALTA ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THE PROXY STATEMENT/PROSPECTUS, AS APPLICABLE, AND ANY OTHER RELEVANT DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, IN CONNECTION WITH THE PROPOSED TRANSACTION WHEN THEY BECOME AVAILABLE, AS THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT AKZONOBEL, AXALTA, THE PROPOSED TRANSACTION AND RELATED MATTERS. The registration statement and proxy statement/prospectus and other relevant documents filed by AkzoNobel and Axalta with the SEC are available free of charge at the SEC’s website at www.sec.gov. In addition, investors and shareholders are able to obtain free copies of the proxy statement/prospectus and other documents filed with the SEC from Axalta’s investor relations webpage at https://ir.axalta.com/sec-filings/all-sec-filings or from AkzoNobel’s investor relations webpage at https://www.akzonobel.com/en/investors/all-sec-filings.

The contents of this communication should not be construed as financial, legal, business, investment, tax or other professional advice. Each recipient should consult with its own professional advisors for any such matter and advice.

Participants in the Solicitation

This communication is not a solicitation of proxies in connection with the proposed transaction. However, under SEC rules, AkzoNobel, Axalta and certain of their respective directors and executive officers and other members of their respective management and employees may be deemed to be participants in the solicitation of proxies in connection with the proposed transaction. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of proxies in connection with the proposed transaction, including a description of their direct or indirect interests in the proposed transaction, by security holdings or otherwise, is set forth in the definitive proxy statement/prospectus relating to the proposed transaction, which was filed with the SEC on June 24, 2026. Information about AkzoNobel’s supervisory board members and members of the board of management is set forth in AkzoNobel’s latest annual report, as filed with the AFM, the Dutch trade register and on its website at https://www.akzonobel.com/en/investors/results-center, and as updated from time to time via filings made by AkzoNobel with the AFM. Additional information regarding the interests of persons who may, under the rules of the SEC, be deemed participants in the solicitation of Axalta security holders in connection with the proposed transaction, which may, in some cases, be different than those of Axalta’s shareholders generally, including a description of their direct or indirect interests, by security holdings or otherwise, will be set forth in the proxy statement/prospectus and other relevant materials when they are filed with the SEC. These documents can be obtained free of charge from the sources indicated above.

Cautionary Statement Concerning Forward-Looking Statements

This communication contains forward-looking statements as that term is defined in Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995, regarding, among other things, statements about management’s expectations of AkzoNobel’s and Axalta’s future operating and financial performance, product development, market position, and business strategy. Such forward-looking statements can sometimes be identified by the use of forward-looking terms such as “believes,” “expects,” “may,” “will,” “shall,” “should,” “would,” “could,” “potential,” “seeks,” “aims,” “projects,” “predicts,” “is optimistic,” “intends,” “plans,” “estimates,” “targets,” “anticipates,” “continues” or other comparable terms or negatives of these terms, but not all forward-looking statements include such identifying words. You are cautioned not to rely on these forward-looking statements. Forward-looking statements are based upon current plans, estimates and expectations that are subject to risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. We can give no assurance that such plans, estimates or expectations will be achieved and therefore, actual results may differ materially from any plans, estimates or expectations in such forward-looking statements. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include: a condition to the closing of the proposed transaction may not be satisfied; the occurrence of any event that can give rise to termination of the proposed transaction; a regulatory approval that may be required for the proposed transaction is delayed, is not obtained or is obtained subject to conditions that are not anticipated; AkzoNobel and Axalta are unable to achieve the synergies and value creation contemplated by the proposed transaction; AkzoNobel and Axalta are unable to promptly and effectively integrate their businesses; management’s time and attention is diverted on transaction related issues; the possibility that competing offers or acquisition proposals may be made; disruption from the proposed transaction makes it more difficult to maintain business, contractual and operational relationships; the credit ratings of AkzoNobel or Axalta decline following the proposed transaction; legal proceedings are instituted against AkzoNobel or Axalta, including resulting expense or delay; AkzoNobel or Axalta is unable to retain or hire key personnel; the communication or the consummation of the proposed acquisition has a negative effect on the market price of the capital stock of AkzoNobel or Axalta or on AkzoNobel’s or Axalta’s operating results; evolving legal, regulatory and tax regimes; changes in economic, financial, political and regulatory conditions, in the Netherlands, the United States and elsewhere, and other factors that contribute to uncertainty and volatility, natural and man-made disasters, civil unrest, pandemics (e.g., the coronavirus (COVID-19) pandemic), geopolitical uncertainty, and conditions that may result from legislative, regulatory, trade and policy changes associated with the current or subsequent United States or Netherlands administration; the ability of AkzoNobel or Axalta to successfully recover from a disaster or other business continuity problem due to a hurricane, flood, earthquake, terrorist attack, war, pandemic, security breach, cyber-attack, power loss, telecommunications failure or other natural or man-made event, including the ability to function remotely during long-term disruptions; the impact of public health crises, such as pandemics and epidemics and any related company or governmental policies and actions to protect the health and safety of individuals or governmental policies or actions to maintain the functioning of national or global economies and markets, including any quarantine, “shelter in place,” “stay at home,” workforce reduction, social distancing, shut down or similar actions and policies; actions by third parties, including government agencies; the risk that disruptions from the proposed transaction will harm AkzoNobel’s or Axalta’s business, including current plans and operations and/or divert management’s attention from AkzoNobel’s or Axalta’s ongoing business operations; certain restrictions during the pendency of the acquisition that may impact AkzoNobel’s or Axalta’s ability to pursue certain business opportunities or strategic transactions; AkzoNobel’s or Axalta’s ability to meet expectations regarding the accounting and tax treatments of the proposed transaction; the risks and uncertainties discussed in AkzoNobel’s latest annual report as filed with the AFM, the Dutch trade register and on its website at https://www.akzonobel.com/en/investors/results-center; and the risks and uncertainties discussed in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections in Axalta’s reports filed with the SEC. These risks, as well as other risks associated with the proposed transaction, are more fully discussed in the proxy statement/prospectus. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. We caution you not to place undue reliance on any of these forward-looking statements as they are not guarantees of future performance or outcomes and that actual performance and outcomes, including, without limitation, our actual results of operations, financial condition and liquidity, and the development of new markets or market segments in which we operate, may differ materially from those made in or suggested by the forward-looking statements contained in this communication. Except as required by law, neither AkzoNobel nor Axalta assumes any obligation to update or revise the information contained herein, which speaks only as of the date hereof.

Media Contact:

email:media.relations@akzonobel.com
Tel: +31 (0)88 969 78 33

SOURCE: AkzoNobel

Atos Launches EU-Designed Sovereign Cloud Platform for Regulated and Mission-Critical Organisations

(IN BRIEF) Atos has launched Atos Sovereign Cloud, a new application orchestration and modernisation platform designed and engineered in the EU for governments, defence organisations, healthcare providers, critical infrastructure operators and other highly regulated organisations. The platform combines enterprise cloud capabilities with sovereign controls covering data management, operational independence, cybersecurity, IT supply chain control and AI innovation. It is designed to help customers modernise mission-critical applications while maintaining control over data, compliance and operations. Atos said the platform can be hosted, operated and contracted within the EU or other Atos locations, depending on customer and regulatory requirements. It also includes open-source components, multiple deployment models, cybersecurity controls and a dedicated marketplace for Atos services, trusted partner solutions and customer repositories. The offering supports Atos Group’s broader digital sovereignty strategy and will become available to customers in 2026.

(PRESS RELEASE) PARIS, 23-Jul-2026 — /EuropaWire/ — Atos has launched Atos Sovereign Cloud, a next-generation application orchestration and modernisation platform designed for governments, defence organisations, healthcare providers, critical infrastructure operators and other highly regulated sectors.

The new cloud offering supports Atos Group’s integrated digital sovereignty strategy and is designed and engineered in the European Union.

Atos said the platform combines enterprise cloud capabilities with sovereign controls for data management, operational independence, cyber resilience and AI innovation.

The service is intended to give organisations greater control over their data, applications and digital operations while supporting the modernisation of mission-critical IT environments.

Atos Sovereign Cloud forms part of the group’s broader strategy to embed mission-critical capabilities, security by design and sovereign digital infrastructure across its portfolio.

The company said demand for sovereign IT services is increasing as digital technologies become more central to organisations and as concerns grow around supply chains, service continuity, geopolitical risk and cybersecurity threats.

Atos cited Gartner research predicting that more than 50 percent of multinational organisations will have digital sovereignty strategies by 2029, compared with less than 10 percent today.

Governments and operators of critical infrastructure are increasingly seeking trusted cloud platforms that can protect sensitive data, reduce reliance on external providers and strengthen resilience.

Atos Sovereign Cloud addresses these requirements by bringing together Atos’ expertise in cloud transformation, cybersecurity, AI infrastructure and managed operations.

The platform is described as sovereign by design and is supported by Atos’ sovereign advisory framework.

Through Atos Amplify advisory services, the company helps clients assess sovereignty concerns, regulatory requirements and application needs.

This approach is intended to help organisations balance sovereign control with innovation speed, operational complexity and cost.

Atos said the platform enables customers to modernise critical applications while maintaining control over data, operations, IT supply chains and compliance requirements.

Advanced security controls are built into the platform’s core architecture.

Atos Sovereign Cloud is designed around sovereign principles, with open-source components used where application portability and platform flexibility are key requirements.

The platform can be hosted, operated and contracted entirely within the EU, or across other Atos locations as required by customer needs and regulatory frameworks.

Its architecture supports multiple deployment models tailored to regional compliance requirements.

The platform also includes advanced cybersecurity controls designed to protect critical systems.

A dedicated marketplace will give customers access to Atos services, trusted partner solutions and customer repositories within a secure, controlled and transparent ecosystem.

Atos said the platform will help organisations meet sovereignty and compliance requirements while reducing operational risks linked to external dependencies.

Customers are expected to benefit from stronger control over sensitive data and workloads, improved resilience and a modern cloud operating model that supports AI adoption and future innovation.

The platform is due to become available to customers in 2026.

Atos said the offering provides a trusted European alternative for organisations seeking to modernise IT systems without compromising security, compliance or operational independence.

Punit Sehgal, Head of BNN covering BeLux, the Netherlands and Nordics at Atos, said governments and highly regulated organisations across Europe are looking for trusted cloud environments that allow them to modernise critical applications while maintaining control and resilience.

He said Atos Sovereign Cloud brings together Atos’ cloud, cybersecurity, AI infrastructure and managed operations expertise in a sovereign-by-design platform.

According to Sehgal, the platform will help European organisations retain control over data, operations and IT supply chains while continuing to innovate with confidence.

Michael Kollar, Atos Group Digital Sovereignty Leader and Head of Cloud & Modern Infrastructure and Digital Workplace, said digital sovereignty has moved beyond being a regional issue and has become a global operational priority.

He said organisations now need to manage dependencies, jurisdictional exposure and disruption risks across increasingly complex digital environments.

Kollar added that Atos Sovereign Cloud is aligned with Atos Group’s global digital sovereignty strategy and gives customers a practical way to apply sovereign controls to their most critical workloads.

He said the platform preserves flexibility, resilience and the ability to innovate securely, including with AI, across different geographic and regulatory contexts.

About Atos

Atos is the Atos Group brand dedicated to AI-powered, secure, end-to-end digital services. Atos designs, develops, and operates critical digital environments that drive performance, resilience and sovereignty, helping public and private organizations worldwide retain control over their data and infrastructures, while meeting regulatory requirements.

With more than 54,000 employees serving over 4,500 clients across 54 countries, Atos helps modernize core IT systems, accelerate cloud and data transformation, strengthen cybersecurity, and deliver secure digital workplace environments to support its clients, its employees and society. Atos also provides consulting and advisory services through its Atos Amplify brand.

A trusted partner in operating complex and mission-critical environments, Atos supports organizations across highly regulated and sovereign contexts.

About Atos Group

Atos Group is a global leader in digital transformation with c. 56,000 employees and annual revenue of c. €7.2 billion (at the go-forward perimeter), operating in 54 countries under two brands – Atos for services and Eviden for products and systems. European number one in cybersecurity and a leader in cloud, Atos Group is committed to a secure and decarbonized future and provides tailored AI-powered, end-to-end solutions for all industries. Atos Group is listed on Euronext Paris.

Media Contact:

Isabelle Grangé
isabelle.grange@atosgroup.com
+33 (0) 6 64 56 74 88

SOURCE: Atos Group

KPN Launches 5G Internet at Home for Addresses With Limited Fixed Broadband Access

(IN BRIEF) KPN has launched 5G Internet at Home, a home broadband service delivered through its nationwide 5G network. The service is aimed first at addresses where no fixed internet connection is available, or where the fixed connection is not good enough. If fibre is available at an address, KPN will continue to offer fibre instead. The product uses an integrated SIM card, plug-and-play installation, the MijnKPN app, advanced antenna technology and Wi-Fi 7. It offers unlimited data for regular use and download speeds of up to 1,000 Mbit/s, depending on location and network load. For now, the service is offered as internet-only, without TV+ or fixed telephony, though customers can add streaming services. Security for five devices is included as standard.

(PRESS RELEASE) ROTTERDAM, 23-Jul-2026 — /EuropaWire/ — KPN has introduced 5G Internet at Home, a new home broadband solution that provides internet access through KPN’s nationwide 5G network.

The service is designed for customers at addresses where no fixed internet connection is available or where the fixed connection does not provide sufficient quality.

With the launch, KPN is using its 5G network to provide a fast and simple alternative for reliable home internet.

KPN said its fibre and 5G networks are among the strongest in the Netherlands, with the company recently named the country’s best mobile network for the fifth consecutive time and achieving the highest score worldwide.

5G Internet at Home has been developed with simplicity as a key priority.

The modem includes an integrated SIM card and offers plug-and-play installation, allowing customers to get online within seconds.

Customers can also set up and manage the connection through the MijnKPN app, which enables them to configure, monitor and access support for their network.

The service uses KPN’s national 5G network and advanced antenna technology.

Combined with Wi-Fi 7 technology, the modem is designed to deliver stable performance and strong coverage throughout the home, including when several devices are connected at the same time.

Robin Clements, Commercial Director Consumer Market at KPN, said many customers need internet that is not only fast, but also easy to install and immediately usable.

“With 5G Internet at Home, you are online within seconds,” said Clements.

He added that the service is flexible and can be taken to locations such as holiday homes or temporary accommodation.

5G Internet at Home offers unlimited data for regular use and download speeds of up to 1,000 Mbit/s, depending on location and network load.

KPN said this makes the service suitable for streaming, working from home and online entertainment.

The rollout is taking place in phases.

KPN is initially focusing on addresses where no fixed internet connection is available or where the available fixed connection is not of sufficient quality.

Where fibre is available at an address, KPN will continue to provide fibre.

For now, 5G Internet at Home is being offered as an internet-only solution, without additional services such as TV+ or fixed telephony.

However, customers can order various streaming services alongside the 5G Internet at Home product.

Clements said KPN is building the solution step by step and will assess usage and customer needs before scaling the service further.

Customers who combine 5G Internet at Home with a KPN mobile subscription can benefit from KPN Combivoordeel, receiving a monthly reward such as a streaming service including Netflix or Videoland.

KPN said the service also includes security from the start.

Customers receive security protection for five devices as standard, allowing them to browse, stream and work from home more safely.

Installation, management and support are available through the MijnKPN app, giving customers a simple way to manage their connection and get help when needed.

Media Contact:

Anne van der Wel
Spokesperson
anne.vanderwel@kpn.com
+31 70 4466300

SOURCE: KPN

New Amundi ETFs Offer Targeted Exposure to Digital Infrastructure and Semiconductor Demand

(IN BRIEF) Amundi has broadened its thematic ETF range with two new funds focused on memory chips and data centers: the Amundi Global Memory Chips UCITS ETF and the Amundi Global Data Center UCITS ETF. The launches are designed to give investors targeted exposure to structural growth opportunities linked to artificial intelligence, data storage, digital infrastructure, computing power and connectivity. Amundi said thematic ETFs are seeing strong inflows, with €17 billion raised in 2025 and the same amount again in the first half of 2026. The company expects continued demand from retail, institutional and digital wealth investors seeking long-term, focused investment themes.

(PRESS RELEASE) PARIS, 23-Jul-2026 — /EuropaWire/ — Amundi has expanded its thematic ETF offering with the launch of two new funds designed to give investors targeted exposure to long-term technology growth themes: memory chips and data centers.

The new products are the Amundi Global Memory Chips UCITS ETF and the Amundi Global Data Center UCITS ETF.

Amundi said the launches respond to growing demand for thematic investment solutions focused on structural trends shaping the future economy.

Thematic ETFs have shown strong momentum, with €17 billion raised in 2025 and an equivalent amount raised in the first half of 2026 alone.

According to Amundi, investors are becoming more selective in this segment and are increasingly focused on long-term investment convictions.

The two new ETFs are intended to provide access to growth opportunities linked to the rapid expansion of artificial intelligence, major technology company investment and the rising demand for digital infrastructure and advanced components.

The Amundi Global Memory Chips UCITS ETF aims to provide exposure to companies involved in a technology area that plays a key role in addressing the AI data bottleneck.

The strategy offers focused global access to companies, including in the United States and Korea, that may benefit from demand for data storage, AI infrastructure and the current supply-demand imbalance supporting memory pricing.

The Amundi Global Data Center UCITS ETF is designed to provide exposure to companies active across the data center ecosystem and value chain.

This includes businesses involved in power, cooling, networking and digital infrastructure.

Amundi said the data center theme is supported by strong long-term drivers as demand for computing power, storage and connectivity continues to rise.

The two new ETFs add to Amundi’s existing thematic ETF range, which the company plans to continue expanding in the coming months.

Amundi said the expansion reflects growing client demand for focused and innovative investment solutions.

The company also noted that thematic investing is becoming increasingly attractive to retail investors and digital wealth channels.

This is because thematic ETFs allow investors to access long-term economic trends while connecting more directly with everyday life, personal interests and individual beliefs.

Benoit Sorel, Head of ETF and Index business line at Amundi, said thematic ETFs are increasingly being used by both retail and institutional investors to express specific long-term convictions with greater selectivity.

“These two new strategies are designed to provide targeted access to segments of the market that may drive the next wave of innovation,” said Sorel.

He added that the launches are the latest step in Amundi’s broader roadmap for its thematic ETF range, which the company plans to build out further during the remainder of 2026.

Amundi noted that investing involves risks.

The company said investors should refer to the Key Information Documents and prospectus for information on the funds’ investment objectives and risks, and to the relevant index provider for details on index methodology.

About Amundi

Deutsche Bank Employees Explore Responsible AI Use Across 21 Global Locations

(IN BRIEF) Deutsche Bank’s Global Hackathon is celebrating its 10th anniversary, bringing together more than 4,000 employees across 21 locations worldwide. This year’s 24-hour event focuses on practical AI use cases, with teams developing prototypes that address challenges around employee productivity, workflow simplification and access to information across the organisation. More than 15,000 Deutsche Bank colleagues have participated in the hackathon over the past decade. The event combines competition, collaboration and learning, giving employees hands-on experience with emerging technologies while encouraging responsible and useful applications of AI.

(PRESS RELEASE) FRANKFURT, 23-Jul-2026 — /EuropaWire/ — Deutsche Bank’s Global Hackathon is marking its 10th anniversary, with more than 4,000 employees taking part across 21 locations worldwide.

During the 24-hour event, teams will explore how artificial intelligence can be used to address practical challenges across the bank.

Participants will test ideas, develop prototypes and present new approaches to everyday business problems, with this year’s focus centred on responsible and practical AI use.

Over the past decade, more than 15,000 Deutsche Bank colleagues have participated in the hackathon.

The event has become an important platform for employees to explore emerging technologies, collaborate with colleagues across the organisation and turn ideas into working concepts.

During the hackathon, teams develop early-stage tools or applications that show how an idea could work in practice.

This year’s participants will use a range of AI tools to examine how technology can simplify processes, improve efficiency and help employees work more effectively.

Deutsche Bank said the aim is not only to create something new, but also to demonstrate how AI can be applied safely, responsibly and in ways that generate meaningful business value.

The 2026 challenges are organised around three core areas: improving employee productivity, simplifying processes and workflows, and making it easier to find, understand and use information across the organisation.

Participants work in multidisciplinary teams, combining different skills, perspectives and areas of expertise.

At the end of the event, teams will present their solutions to a judging panel and compete for the Hack I.T. Trophy.

Although the hackathon includes a competitive element, Deutsche Bank said the event is equally focused on learning and collaboration.

Technical experts will be available throughout the 24-hour challenge to answer questions, explain complex concepts and help teams make effective use of AI tools.

For many employees, the hackathon provides an opportunity to gain hands-on experience with new technologies while learning from colleagues with different professional backgrounds.

The theme reflects Deutsche Bank’s broader ambition to help employees build confidence with AI and understand how it can support their day-to-day work.

Ten years after its launch, the Global Hackathon continues to encourage curiosity, creativity and experimentation, while helping turn employee ideas into practical solutions for the bank.

Media Contact:

Email: db.media@db.com
Media Relations hotline (24/7): +49 69 910-37777

SOURCE: Deutsche Bank

Enilive Acquisition of OIL! Supports Expansion of Biofuel, EV Charging and Convenience Services

(IN BRIEF) Enilive, through Enilive Deutschland GmbH, has signed a binding agreement with Prax Limited to acquire 100 percent of OIL! Tankstellen GmbH, which operates fuel service stations in Germany, Denmark, Austria and Switzerland. The deal will add approximately 320 service stations to Enilive’s European network, which currently includes around 5,300 stations. Completion remains subject to customary regulatory approvals. After completion, OIL!’s service stations will be progressively integrated into Enilive’s network, which combines traditional fuels with lower-emission mobility products such as HVO diesel, fast and ultra-fast EV charging, and convenience and food services including Enilive Café.

(PRESS RELEASE) ROME, 23-Jul-2026 — /EuropaWire/ — Enilive, through its subsidiary Enilive Deutschland GmbH, has signed a binding agreement with Prax Limited to acquire 100 percent of OIL! Tankstellen GmbH.

OIL! operates in the mobility retail sector across Germany, Denmark, Austria and Switzerland.

Completion of the transaction remains subject to customary regulatory approvals from the relevant authorities.

Through the acquisition, Enilive will add approximately 320 service stations to its European network.

The transaction will further strengthen Enilive’s presence in key European markets and expand its position in the Danish mobility retail sector.

Enilive currently operates around 5,300 service stations across Europe.

The company said the acquisition supports the continued evolution of its mobility offering as it adapts to the changing needs of customers on the move.

Following completion, OIL!’s service stations will be progressively integrated into the Enilive network.

Enilive’s network combines traditional energy products with a growing portfolio of lower-emission mobility solutions.

These include HVO diesel, a biofuel produced from 100 percent renewable feedstocks at Enilive’s biorefineries in Venice and Gela.

HVO diesel is currently available at around 1,700 service stations across Europe.

Enilive’s offer also includes fast and ultra-fast electric vehicle charging points developed together with Plenitude On The Road, a company controlled by Plenitude.

The company is also expanding its convenience and food services portfolio.

This includes the proprietary Enilive Café convenience format, which is already present in more than 1,200 locations across Europe.

More than 330 of those Enilive Café locations are in Germany.

Enilive said the planned acquisition of OIL! will support the continued development of an integrated mobility retail network, combining fuels, biofuels, electric charging and convenience services across European markets.

Media Contacts:

Press Office: Tel. +39.0252031875 – +39.0659822030
Freephone for shareholders (from Italy): 800940924
Freephone for shareholders (from abroad): +39.800 11 22 34 56
Switchboard: +39.0659821
ufficio.stampa@eni.com
segreteriasocietaria.azionisti@eni.com
investor.relations@eni.com
Website: www.eni.com

SOURCE: Eni

Naturgy to Upgrade 2,300 Kilometres of Electricity Networks With EIB and Spanish Government Support

(IN BRIEF) The European Investment Bank and Spain’s Ministry of Economy, Trade and Business will provide €870 million in financing to Naturgy to strengthen, upgrade and digitalise its electricity distribution network in Spain. The package includes a €520 million loan through the Regional Resilience Fund, backed by NextGenerationEU funds, and a €350 million EIB loan from the bank’s own resources, of which €200 million has already been signed. The investment will finance around 2,300 kilometres of new and reinforced electricity networks across Andalusia, Castilla-La Mancha, Castile and León, Galicia and Madrid. The project will improve grid resilience, support security of supply, reduce losses, connect new users and enable greater integration of renewable energy. More than 80 percent of the investment will go to cohesion regions, supporting the EIB and Spanish government’s objectives for climate action, energy security and territorial cohesion.

(PRESS RELEASE) LUXEMBOURG, 23-Jul-2026 — /EuropaWire/ — The European Investment Bank and Spain’s Ministry of Economy, Trade and Business will provide €870 million in financing to Naturgy to support the reinforcement, modernisation and digitalisation of the company’s electricity distribution network in Spain.

The financing package includes two loans. The first is a €520 million loan channelled by the Ministry of Economy, Trade and Business through the Regional Resilience Fund, which is financed by NextGenerationEU funds under Spain’s Recovery, Transformation and Resilience Plan.

The second loan totals €350 million and will be financed entirely from the European Investment Bank’s own resources. Of this amount, €200 million has already been signed.

The investment will support work across five Spanish autonomous communities: Andalusia, Castilla-La Mancha, Castile and León, Galicia and Madrid. All of these, except Madrid, are cohesion regions.

The project will finance the construction and reinforcement of around 2,300 kilometres of electricity networks, helping expand the grid, improve resilience, increase security of supply and enable the integration of more renewable energy.

The loans will support several measures, including grid automation, remote control systems and digitalisation.

The funding will also help connect new users, meet rising electricity demand, implement security measures, reduce grid losses, and place infrastructure underground or make it more compact where required.

The project will strengthen the resilience of Naturgy’s electricity distribution network in Spain, which includes more than 116,000 kilometres of power lines.

It is intended to improve security of supply at a time when grids face recurring adverse weather events, growing demand from the electrification of the economy and increasing renewable power generation.

The arrangement also supports economic, social and territorial cohesion, with more than 80 percent of the total investment directed to cohesion regions where income per capita is below the EU average.

The European Investment Bank is acting as the Spanish ministry’s strategic partner for the implementation and management of the Regional Resilience Fund.

The financing also aligns with Spain’s Recovery, Transformation and Resilience Plan, as well as the EIB’s climate action and cohesion objectives.

These objectives are among the EIB Group’s strategic priorities under the EIB Group 2024–2027 Strategic Roadmap and the Climate Bank Roadmap phase 2 for 2026–2030.

The operation is also part of the EIB’s action plan to support REPowerEU, the programme aimed at improving energy security and accelerating the energy transition by reducing the European Union’s dependence on fossil fuel imports.

The EIB said investment in electricity networks and storage systems is essential for accelerating the energy transition and supporting the electrification of the economy.

In 2025, EIB financing for electricity grid and storage system projects worldwide reached a record €11.6 billion.

In Spain, the EIB Group provided a record €1.9 billion in financing for grid investments in 2025.

During that year, one out of every two euros invested in Spanish electricity grids came from EIB financing.

The funds supported digitalisation projects, smart meters, repairs linked to damage from the DANA weather event, storage projects and stronger interconnection with Europe.

Between 2021 and 2025, the EIB financed the construction or upgrade of 45,000 kilometres of electricity networks in Spain, a distance roughly equivalent to circling the globe.

Through the Naturgy operation, the EIB and the Spanish Ministry of Economy, Trade and Business are supporting a major upgrade of Spain’s grid infrastructure, helping prepare the network for higher renewable energy penetration, stronger electrification and more resilient electricity supply.

EIB Group

The EIB Group is the financing arm of the European Union. Its shareholders are the 27 Member states, and it is one of the largest multilateral development banks in the world. In 2025, the EIB Group signed off €100 billion in new financing and advisory services for over 870 high-impact projects under eight core priorities that support EU policy objectives: climate action and the environment, digitalisation and technological innovation, security and defence, territorial cohesion, agriculture and the bioeconomy, social infrastructure, global partnerships and the savings and investments union.

Beyond long-term loans for large-scale infrastructure, the EIB Group crowds in private investment for high-risk innovative projects and businesses, with a growing role in Europe’s markets for venture debt, venture capital, guarantees and securitisations.

With the support of the 27 EU governments, the European Investment Fund (EIF), part of the EIB Group, has joined forces with institutional investors in a pan-European alliance to mobilise up to €80 billion for investment in innovative companies that are growing to become global leaders. This agreement will expand the reach and scale of the European Tech Champions Initiative. Since its creation three years ago, this highly successful programme has contributed to the establishment of 15 European mega-funds and the growth of 45 companies, including 12 unicorns.

In 2025, the EIB Group completed financing and investment operations in Spain totalling around €11 billion, which came alongside an additional €2.9 billion under the Regional Resilience Fund (NextGenerationEU loans).

Photos of the EIB Group management and headquarters, logo files and video B-roll for media use are available here.

Regional Resilience Fund

The Regional Resilience Fund was created to facilitate access to NextGenerationEU loans from the Spanish Recovery, Transformation and Resilience Plan for the autonomous communities, with the aim of boosting investments and developing projects in eight priority areas: social and affordable housing; urban renewal; transport and sustainable tourism; the energy transition; water and waste management; the care economy; research, development and innovation; and the competitiveness of industry and SMEs.

The fund is led by Spain’s Ministry of Economy, Trade and Enterprise, which takes input from the autonomous communities and cities for investment decision-making and looks to the EIB Group as a strategic management partner.

The financial instruments for its implementation include:

• a direct financing mechanism, to co-finance EIB-supported operations in sectors like renewable energy, clean transport and sustainable infrastructure;
• an intermediated mechanism managed by financial intermediaries selected by the EIB, to support projects in urban development and sustainable tourism;
• two instruments intermediated by the EIF that will facilitate SME financing for innovation, sustainability and competitiveness.

Naturgy

Naturgy is an energy multinational with a diversified international business portfolio. In addition to Spain, the group is also active in Latin America (Mexico, Brazil, Argentina, Chile and Panama), the United States and Australia. It supplies gas and electricity to over 18 million customers in these countries, operating in both regulated and liberalised markets. It works in electricity generation, distribution and sale, as well as in gas infrastructure, distribution and sale. The group has electricity generation capacity of 19.1 GW across the world, with a diversified mix including 8.4 GW of renewable capacity.

Media Contacts:

Maite Cordero
m.corderomunoz@eib.org
+34 606 66 82 62

Press Office

+352 43791

SOURCE: European Investment Bank

Dassault Systèmes Strengthens Sustainability Strategy With SBTi-Validated Net-Zero Targets

(IN BRIEF) Dassault Systèmes has set a new SBTi-validated net-zero greenhouse gas emissions target for 2050, covering emissions across its full value chain. The company’s new near-term targets include reducing absolute Scope 1 and 2 emissions by 65 percent by 2035 from a 2024 base year, and reducing Scope 3 emissions by 66.33 percent per euro value added over the same period. The announcement follows Dassault Systèmes’ early achievement of its previous 2027 SBTi targets. In 2025, the company reduced operational emissions by 35 percent, business travel and commuting emissions by 20 percent, increased renewable electricity use to 93.9 percent, and secured ISO 50001 certification for sites covering 91.4 percent of its workforce. The next phase of the company’s climate roadmap will focus on value chain decarbonisation and helping customers use virtual twins to model and improve the environmental impact of their decisions.

(PRESS RELEASE) VELIZY-VILLACOUBLAY, 23-Jul-2026 — /EuropaWire/ — Dassault Systèmes has announced a new science-based net-zero greenhouse gas emissions reduction target for 2050, validated by the Science Based Targets initiative.

The new target marks the next phase of the company’s climate roadmap and builds on the early achievement of its previous SBTi-validated targets, which had been set for 2027.

Dassault Systèmes said it is continuing its work toward meaningful climate impact by strengthening its long-term emissions reduction commitments across operations, its value chain and the use of its products.

Under its overall net-zero commitment, Dassault Systèmes aims to reach net-zero greenhouse gas emissions across its value chain by 2050.

As part of its near-term targets, the company has committed to reducing absolute Scope 1 and Scope 2 greenhouse gas emissions by 65 percent by 2035, using 2024 as the base year.

Dassault Systèmes has also committed to reducing Scope 3 greenhouse gas emissions by 66.33 percent per euro value added over the same period.

In addition, the company has committed to reducing greenhouse gas emissions from the use of sold products beyond the minimum boundary by 66.33 percent per euro value added within the same timeframe.

The new net-zero commitment follows the successful delivery of Dassault Systèmes’ first science-based emissions reduction targets across its operations and value chain.

In 2025, the company reduced its operational emissions, covering Scope 1 and Scope 2, by 35 percent.

It also reduced emissions from business travel and commuting, which fall under Scope 3, by 20 percent, achieving these goals ahead of the original 2027 deadline.

Dassault Systèmes also reported progress across its supply chain. Suppliers representing more than 50 percent of the company’s greenhouse gas emissions from purchased goods and services and capital goods now have science-based emissions reduction targets.

The company achieved its 2027 near-term SBTi targets through a range of initiatives.

These included securing ISO 50001 energy management systems certification for sites covering 91.4 percent of its workforce.

Dassault Systèmes also increased the share of renewable electricity used by the company to 93.9 percent in 2025 and strengthened sustainable procurement practices.

Philippine de T’Serclaes, Chief Sustainability Officer at Dassault Systèmes, said sustainability is both a responsibility and a driver of transformation.

“With our new SBTi-validated net-zero target, we are reinforcing the scientific rigor of our climate trajectory while helping customers use virtual twins to better model, understand and improve the impact of their decisions,” said de T’Serclaes.

She added that this dual commitment is central to Dassault Systèmes’ role in the Generative Economy.

Dassault Systèmes said its next climate phase will focus on value chain decarbonisation and on supporting customers’ sustainable transformation through virtual twins.

The company said virtual twin technology can help organisations model, understand and improve the environmental impact of decisions before they are implemented in the real world.

Dassault Systèmes has also received recognition from sustainability organisations and rankings for its climate work.

The company ranks first in its sector in the Financial Times’ 2026 list of Europe’s Climate Leaders and first in the software and services industry in the Corporate Knights Global 100.

It also ranks in the top 2 percent of the software sector in the S&P Global CSA, holds a Gold Medal rating from EcoVadis, and has an “AAA” rating from MSCI.

The Science Based Targets initiative is widely used as a global benchmark for credible climate action in the private sector.

Dassault Systèmes first announced a net-zero ambition in 2021, before the launch of the SBTi Corporate Net-Zero Standard.

The newly validated near-term and net-zero targets now translate that ambition into a formal science-based climate roadmap aligned with the SBTi corporate net-zero framework.

About Dassault Systèmes

Dassault Systèmes is a catalyst for human progress.  Since 1981, the company has pioneered virtual worlds to improve real life for consumers, patients and citizens. Through the 3DEXPERIENCE platform, AI-powered, science-based virtual twins help 390,000 customers of all sizes, in all industries, collaborate, imagine and create sustainable innovations that drive meaningful impact.  For more information, visit: www.3ds.com

Media Contacts:

Arnaud Malherbe
+33 (0)1 61 62 87 73
arnaud.malherbe@3ds.com

SOURCE: Dassault Systèmes

Dassault Systèmes Adds New Virtual Companion Skills to Its 3DEXPERIENCE AI-Native Agentic Platform

(IN BRIEF) Dassault Systèmes has expanded its 3DEXPERIENCE AI-native agentic platform with the availability of three Virtual Companions: AURA, LEO and MARIE. AURA supports programme management, LEO focuses on complex engineering, and MARIE is designed for deep science. Together, they bring 19 competencies to the platform, helping users co-create, cooperate and execute work across business, product design, engineering, simulation, manufacturing and operations workflows. The company said the launch represents a step toward Virtual Twin Factories, where Virtual Companions work alongside humans, Generative Experiences support automated processes, and Virtual Twin as a Service provides predefined industry world models. The companions operate on AI factories from OUTSCALE, deployed across three continents with sovereign infrastructure designed to protect customer data and intellectual property.

(PRESS RELEASE) VELIZY-VILLACOUBLAY, 23-Jul-2026 — /EuropaWire/ — Dassault Systèmes has announced the availability of its Virtual Companions on the 3DEXPERIENCE AI-native agentic platform, expanding the platform with new capabilities designed to help users co-engineer, co-create and cooperate with AI-powered digital partners.

The company’s Virtual Companions — AURA, LEO and MARIE — are now available on the 3DEXPERIENCE platform, alongside Virtual Twin Factories for industries.

AURA is designed for program management, LEO supports complex engineering, and MARIE focuses on deep science.

Dassault Systèmes said the Virtual Companions are enriched with 19 competencies, enabling users to address complex industrial challenges more quickly and efficiently across product, asset and service development.

The companions are designed to work with users across industrial workflows covering business processes, product design, engineering, simulation, manufacturing and operations.

Each competency is structured as a set of skills that can guide users, reveal hidden insights, explore new solution spaces and execute relevant tasks.

Dassault Systèmes said the Virtual Companions provide work capacity grounded in deep scientific and industry knowledge.

They use structured industry knowledge and know-how to interpret user intent, reason within an industrial context, make decisions and generate outcomes based on science and industry-accurate reality.

The company said this marks a significant step toward the development of Virtual Twin Factories.

Pascal Daloz, Chief Executive Officer and Chairman of Dassault Systèmes, said Virtual Twins have become mission-critical and widely accepted across industries.

“As Virtual Twins are mission-critical and well-accepted in all industries, we are revealing the future of our Virtual Twin Factories,” said Daloz.

He described Virtual Twin Factories as a new model that brings together Virtual Companions as workers alongside humans, Generative Experiences as highly automated processes, and Virtual Twin as a Service as predefined industry world models.

Dassault Systèmes said the Virtual Companions execute work based on mission-critical knowledge and know-how models in areas such as programme management, engineering, simulation and bioscience.

The capabilities are intended to support users in solving complex industrial problems while improving productivity, decision-making and collaboration between humans and AI systems.

The Virtual Companions operate on AI factories from OUTSCALE, Dassault Systèmes’ global cloud and AI operator.

These AI factories are deployed across three continents, providing customers with access to industrial-grade AI at scale.

Dassault Systèmes said the sovereign infrastructure allows organisations of different sizes to use AI capabilities while keeping their data and intellectual property fully protected.

The expansion of the 3DEXPERIENCE platform reflects Dassault Systèmes’ broader strategy to bring AI-native, agentic capabilities into mission-critical industrial environments.

By combining Virtual Twins, AI-powered companions and industry-specific world models, the company aims to support a new generation of digital engineering, simulation and manufacturing workflows.

About Dassault Systèmes

Dassault Systèmes is a catalyst for human progress.  Since 1981, the company has pioneered virtual worlds to improve real life for consumers, patients and citizens. Through the 3DEXPERIENCE platform, AI-powered, science-based virtual twins help 390,000 customers of all sizes, in all industries, collaborate, imagine and create sustainable innovations that drive meaningful impact.  For more information, visit: www.3ds.com

Media Contacts:

Arnaud Malherbe
+33 (0)1 61 62 87 73
arnaud.malherbe@3ds.com

SOURCE: Dassault Systèmes

Arkema Completes $20 Million PVDF Expansion to Support Energy Storage and Semiconductor Demand

(IN BRIEF) Arkema has started up its 15 percent PVDF capacity expansion at its Calvert City, Kentucky site in North America. The project represents an investment of around 20 million US dollars and was delivered on time and within the original budget. It strengthens Arkema’s PVDF leadership and supports rising demand from lithium-ion batteries, electric vehicles, energy storage systems, data centres, cable infrastructure and semiconductors. Arkema said the expansion reinforces its regional supply base in North America. The group has also announced a 20 percent PVDF expansion in China, expected to be completed in 2028, further supporting its global production footprint across North America, Europe and Asia.

(PRESS RELEASE) LA DÉFENSE, 23-Jul-2026 — /EuropaWire/ — Arkema has successfully started up its 15 percent PVDF capacity expansion at its Calvert City, Kentucky site in North America.

The expansion strengthens Arkema’s leadership position in polyvinylidene fluoride and supports rising demand from strategic markets including energy storage systems, semiconductors, data centres and infrastructure applications.

The investment, valued at around 20 million US dollars, was first announced in February 2025.

Arkema said the project was delivered on schedule and within the original budget, reflecting the group’s disciplined execution and project management capabilities.

The additional capacity will enable Arkema to better support customers in fast-growing markets driven by the global energy transition and digitalisation.

In particular, the expansion will help meet increasing demand for lithium-ion batteries used in electric vehicles and energy storage systems.

It will also support the rapid growth of data centres, which is driving demand for cables and related infrastructure, as well as the expanding semiconductor market.

Laurent Tellier, Senior Vice President of Arkema’s High Performance Polymers and Fluorogases, said the expansion is an important step in reinforcing the group’s global PVDF leadership.

He said the project strengthens Arkema’s ability to support the rapid growth of strategic markets.

Tellier added that continued strong demand across energy storage, electronics and infrastructure applications confirms the relevance of the investment.

He said the project reflects Arkema’s disciplined approach to capital allocation and its focus on supplying high-value specialty materials to customers.

Arkema said its Calvert City site provides a reliable local supply base for key North American markets.

The expansion also reflects the group’s commitment to investing regionally to support customer growth and capture increasing demand.

In addition to the North American expansion, Arkema recently announced a 20 percent PVDF capacity expansion at its facility in China, expected to be completed in 2028.

With PVDF production sites in North America, Europe and Asia, Arkema said it is well positioned to support global demand growth and ensure reliable supply worldwide.

The company said the Calvert City expansion strengthens its ability to serve customers across energy storage, electronics, infrastructure and other advanced specialty materials markets.

Media Contacts:

Gilles Galinier
VP Communication
+33 (0)1 49 00 70 07

Anne Plaisance
+33 (0)6 81 87 48 77
anne.plaisance@arkema.com

SOURCE: Arkema