Category: Business

  • MIL-OSI: Best No Credit Check Loans Guaranteed Approvals Direct Lenders | Best Payday Loans for Bad Credit – IOnline Payday Loans

    Source: GlobeNewswire (MIL-OSI)

    SHERIDAN, Wyo., May 05, 2025 (GLOBE NEWSWIRE) — No credit check loans provide consumers with quick financial assistance when they need cash without collateral, even if they have a poor credit score. This article covers everything you need to know about no credit check loans, including how they work, the benefits of these loans, and why Online Payday Loans is the best source for them. Additionally, it outlines the application steps and repayment options available.

    >> Click Here to Apply for No Credit Check Loans >>

    Key Takeaways:

    • No credit check loans are a type of loan that does not require a credit check before approval.
    • IOnline Payday Loans is a reputable brand that offers guaranteed approval for no credit check loans.
    • Applying for a 1 hour payday loans for bad credit at IOnline Payday Loans is simple and straightforward, with no strict requirements or credit score needed.

    >> Click Here to Apply for No Credit Check Loans >>

    What are No Credit Check Payday Loans?

    No credit check payday loans are a type of financing specifically designed for individuals who may struggle to obtain financial assistance, particularly those with bad credit. These $255 payday loans online same day provide cash to borrowers without requiring collateral and eliminate the lengthy application process typically associated with personal loans.

    Instead of relying solely on credit scores, no credit check loans guaranteed approval take into account alternative factors, making them an attractive option for many people in need of emergency funds. In today’s economy, Best installment loans for bad credit have become increasingly popular as they enable borrowers to access larger loan amounts with predictable payments, allowing them to budget more effectively. Reputable lenders offer best installment loans for bad credit that contribute to credit improvement.

    >> Click Here to Apply for No Credit Check Loans >>

    How Do No Credit Check Loans Work with Direct Lenders?

    No credit check loans guaranteed approval direct lenders typically feature a straightforward application process that provides quick approvals, guaranteed approval, and guaranteed acceptance for eligible borrowers. Direct lenders assess eligibility based on income verification and overall financial health rather than solely focusing on credit history.

    This approach allows individuals instant loans with bad credit to access funds. The streamlined process benefits borrowers by reducing the time it takes to receive money during emergencies. By bypassing traditional credit checks, bad credit loans offer a simpler way for those in need of immediate funds to obtain them quickly.

    The application process usually involves a few easy steps:

    • The borrower fills out an online form that includes personal information, income details, employment history, and other relevant information. Proof of income and valid identification are essential.
    • The simplified application requires minimal paperwork, expediting the approval timeline.
    • Once the application is submitted, a direct lender reviews it, assessing eligibility based on factors such as income stability and repayment ability.

    Interest rates are often determined based on the borrower’s financial profile, ensuring that even individuals with bad credit receive a fair evaluation. Fast funding through direct deposit is available.

    Factors considered in the approval process for a best no credit check personal loans include income levels, employment status, and existing debt. Quick funding is often available after approval, making this option ideal for those in need of immediate financial assistance.

    What Are the Benefits of No Credit Check Loans Guaranteed Approval Direct Lenders?

    No credit check loans guaranteed approval direct lenders can be beneficial as they provide financial assistance during urgent situations, allowing individuals to access cash without the need for collateral or lengthy approval processes. These consumer loans offer easy repayment options and loan terms that facilitate personal financing.

    These loans often come with flexible repayment options and can aid some borrowers in rebuilding their credit over time, although they typically carry higher interest rates.

    Why Choose IOnline Payday Loans for No Credit Check Loans?

    IOnline Payday Loans is an excellent choice for no credit check loans guaranteed approval direct lender, as it significantly enhances your chances of securing a loan when you need it most. This is especially true for those seeking short-term loans with higher interest rates.

    This reputable platform enables borrowers to easily and swiftly access online loans from multiple lenders, providing the necessary funds without the challenges typically associated with traditional banks.

    IOnline Payday Loans prioritizes customer satisfaction, ensuring that the entire process—from application to funding—is straightforward and hassle-free. This approach allows individuals with poor credit to obtain the financial assistance they require.

    Additionally, the platform emphasizes openness and transparency, guaranteeing that there are no hidden fees or cumbersome paperwork.

    What Sets IOnline Payday Loans Apart from Other Lenders?

    IOnline Payday Loans offers innovative financial solutions and a unique approach to individuals seeking best payday loans for bad credit. As one of the lenders in this space, IOnline often provides an application process that requires minimal paperwork, facilitating fast approvals and quick access to funds. This is particularly important for those who need emergency funding rapidly. Clients can conveniently apply for loans through IOnline’s website or mobile application, making it easier to obtain funds in a timely manner.

    IOnline leverages the latest technology to enhance wait times, utilizing algorithms that enable faster assessment of applications, which means borrowers experience shorter waiting periods for responses. Additionally, IOnline’s customer service representatives are knowledgeable and easily accessible, helping clients better understand their options.

    Some of the features that distinguish IOnline as a unique lender include:

    • Competitive interest rates clearly communicated upfront
    • Flexible repayment options tailored to individual financial situations, allowing borrowers to repay in installments
    • Accessibility through mobile platforms for on-the-go applications, ensuring same-day funding

    What Are the Terms and Conditions for No Credit Check Loans at IOnline Payday Loans?

    The terms and conditions for no credit check personal loans guaranteed approval at IOnline Payday Loans are designed to provide flexibility and transparency for borrowers. These loans feature clear terms that outline repayment schedules, interest rates, and any applicable fees, ensuring that borrowers fully understand their obligations from the beginning. IOnline Payday Loans is dedicated to offering straightforward information about the borrowing process, enabling individuals to make informed decisions regarding their financial needs.

    When considering financial assistance through consumer loans, borrowers can expect a variety of terms tailored to different financial situations. Loan networks facilitate applications and help avoid hidden fees.

    For example, interest rates may vary based on the total amount borrowed, typically ranging from 5% to 35%, depending on market conditions and the borrower’s credit profile.

    Repayment schedules are structured to be manageable, often allowing for monthly payments over a specified term that usually spans from three to 24 months. A notable feature of these loans is the guaranteed approval, making them accessible to individuals with less-than-perfect credit.

    Borrowers are encouraged to maintain open communication with lenders to clarify any questions regarding their specific repayment conditions. Las Vegas lenders are among those offering transparent loan terms.

    Additional requirements may include proof of income or residency, which ensures that borrowers demonstrate their ability to repay the loan. This approach fosters accountability and instills greater confidence in individuals seeking loans to meet their immediate financial needs.

    What Are the Requirements for No Credit Check Loans at IOnline Payday Loans?

    The requirements for no credit check loans at IOnline Payday Loans align with the company’s other loan offerings and are designed to encourage responsible lending practices. Loan applications require income verification and evaluation of credit profiles.

    Generally, borrowers must be at least 18 years old and provide valid identification along with proof of income to demonstrate their ability to repay the loan. These criteria are established to create eligibility requirements for loans while still enabling individuals with varying credit backgrounds to access the funds they may need.

    Do I Need a Good Credit Score to Get a Loan from IOnline Payday Loans?

    One of the primary benefits of obtaining a loan through IOnline Payday Loans is that a good credit score is not a requirement for qualification. Since credit scores are not the main consideration, IOnline Payday Loans provide individuals with poor credit a better opportunity to secure a loan when they need it most.

    Consequently, more borrowers can access the emergency funds they require without undergoing rigorous credit checks. The flexibility of IOnline Payday Loans is particularly valuable in times of financial emergencies, as the repercussions of not having cash can be severe for those with poor credit, exacerbating their existing financial difficulties.

    IOnline Payday Loans offers a solution that allows borrowers to have a more sustainable lending experience by considering their overall circumstances. This means that even individuals in dire financial situations can find a loan solution that addresses their needs, enabling them to begin the process of recovery.

    How to Apply for a No Credit Check Loan at IOnline Payday Loans? Understanding the Qualifications

    Applying for a no credit check loan at IOnline Payday Loans is a straightforward and expedited process, as the company is committed to providing borrowers with quick funding when needed.

    The entire application process is conducted online, allowing applicants to complete the necessary forms from the comfort of their own homes without any paperwork. This user-friendly approach to online loans, enables borrowers to easily navigate the process and receive an instant decision regarding their installment bad credit loans eligibility.

    Step 1: Fill Out an Online Application

    The first step in obtaining a no credit check loan from IOnline Payday Loans is to complete an online application form with accurate and complete information. Providing accurate details is crucial, as it gives the lender essential insights into the borrower’s financial position, enabling them to assess eligibility for funding without reviewing high interest rates credit histories. Therefore, applicants must ensure that they submit correct information regarding their income, employment status, and identification details. Any inaccuracies can lead to delays or even disqualification from the process, particularly if the financial information is misleading.

    Here are some important considerations for the application:

    • Income Verification: You will need to confirm your earnings, which may include submitting pay stubs or bank statements.
    • Employment Status: Providing current employment details will strengthen your application.
    • Bad Credit Considerations: It is essential to be transparent about any previous financial difficulties.

    Honesty regarding financial information is one of the most important aspects of the application process. Misrepresentations can jeopardize loan opportunities and damage the trust between the borrower and the lender. Therefore, borrowers are encouraged to double-check the information they provide before submitting the application. By doing so, they can help ensure that the lending process is as smooth and efficient as possible, allowing them to obtain the financial assistance they need without the complications of traditional credit checks.

    Step 2: Receive an Instant Decision

    After applying for a no credit check loan online, without no paperwork, applicants receive an immediate decision regarding their loan approval. This instant decision feature is a significant advantage of no credit check loans, as it allows borrowers to quickly determine their eligibility for the funds they need.

    The ability to obtain a fast loan decision helps individuals plan accordingly and address urgent financial situations without unnecessary delays. The instant decision process relies on evaluating specific criteria in the borrower’s application, including income stability, length of employment, and current debt levels.

    Furthermore, automated systems expedite these evaluations, enabling applicants to receive results in just a few minutes. This quick response allows those in need of cash to access their funds promptly. Understanding how this lending process works can help applicants prepare their documentation effectively and enhance their chances of receiving guaranteed approval, ensuring timely assistance during emergencies.

    Step 3: Review and Sign the Loan Agreement

    Once you receive approval for a no credit check loan, the next step is to review and sign the loan agreement, which outlines crucial information regarding repayment terms and conditions. The significance of the loan agreement cannot be overstated, as it ensures that borrowers fully understand their obligations, including interest rates and payment schedules, before receiving the funds. iOnline Payday Loans is a direct lender that prioritizes transparency and clarity, ensuring there are no hidden fees or unexpected charges, which promotes a sustainable borrowing experience, ensuring budget effectively.

    The following key elements of a loan agreement can significantly impact your financial well-being:

    • Interest Rates: Make sure you understand how much you will owe over time to ensure it fits within your budget.
    • Fees: Be aware of any origination fees or penalties for early repayment.
    • Payment Schedule: Knowing when payments are due can help you avoid late fees and potential default.

    Being informed about these terms give the power tos borrowers and encourages sound budgeting and responsible financial planning. Understanding the details of your loan agreement can help you navigate your financial solutions without the stress of unexpected obstacles.

    Step 4: Receive Funds in Your Bank Account

    Borrowers can expect their funds to be deposited directly into their bank accounts immediately after signing the loan agreement. This allows for quick access to cash through direct deposit without the need for collateral, which is especially beneficial for those facing unexpected expenses.

    Generally, borrowers can anticipate the funds to be transferred within 1 to 2 business days, depending on the lender and the institution’s processing times, making it a reliable source of emergency funding when needed.

    The convenience is further enhanced for users of Online Payday Loans online platform, as they can apply for funds from the comfort of their homes. Additionally, borrowers can often secure financing without extensive paperwork or complicated credit checks.

    This streamlined process enables almost instant access to consumer loans in Las Vegas, making it an ideal solution for individuals experiencing financial difficulties.

    What Are the Repayment Options for No Credit Check Loans at IOnline Payday Loans?

    IOnline Payday Loans offers a variety of repayment options for no credit check loans, enabling borrowers to select the terms that best fit their financial circumstances. The flexibility in repayment terms options allows individuals to manage their debts in a way that is comfortable for them, with predictable payments that aid in budgeting.

    IOnline also provides clear guidelines regarding repayment to promote responsible borrowing and ensure that customers can maintain their financial health.

    Are There Any Alternatives to No Credit Check Loans at IOnline Payday Loans?

    For individuals seeking alternatives to no credit check loans, IOnline Payday Loans offers the following options

    • Online Payday Loans: A secured loan requires collateral, such as a car or a home. Because this reduces the lender’s risk, secured loans often come with more favorable terms and lower interest rates.
    • Installment Loans: A co-signed loan enables the loan applicant to have a trusted individual, known as the co-signer, apply for the loan on their behalf. The co-signer’s creditworthiness is taken into account alongside the borrower’s when determining eligibility and loan terms.
    • Online Personal Loans: A credit builder loan allows the borrower to access the funds they need while simultaneously providing an opportunity to improve their credit profile.

    Online Payday Loans

    Online Payday Loans are a form of financing in which the borrower provides collateral, significantly reducing the risk for lenders and resulting in lower interest rates compared to unsecured loans. This type of financial product can be tailored to meet various needs and may be particularly suitable for those who have had difficulty obtaining credit in the past.

    Individuals typically pledge assets such as their home, motor vehicle, or savings accounts as collateral for secured loans. Common types of acceptable collateral include real estate properties, automobiles, and bank fixed deposits.

    The advantages of secured loans over unsecured loans are numerous. Firstly, secured loans usually come with lower interest rates because the presence of collateral offers a safety net for lenders. This can help borrowers manage their finances and payments more easily.

    Additionally, individuals with poor credit histories may find better acceptance through direct lenders, who can offer more favorable terms based on the collateral provided.

    Installment Loans

    Installment Loans involve a secondary borrower who agrees to take responsibility for the debt if the primary borrower defaults. This arrangement often provides individuals with bad credit a pathway to secure loans under better terms. By including a co-signer with strong creditworthiness, applicants can enhance their chances of approval and potentially receive lower interest rates, making this a viable option for those struggling to obtain financing independently.

    Essentially, co-signed loans act as a bridge for many seeking financial assistance during emergencies or looking to make significant purchases. The co-signer, typically a family member or friend, plays a crucial role not only by signing the loan documentation but also by establishing credibility for the borrower.

    This arrangement can be particularly beneficial for individuals with limited credit history or poor credit ratings, as it can open doors to consumer loans that might otherwise remain inaccessible. However, potential risks accompany this borrowing method, including strain on personal relationships and the financial liability that the co-signer assumes.

    Advantages:

    • Increased chance of loan approval.
    • Lower interest rates due to the co-signer’s stronger credit profile.
    • Opportunity for the primary borrower to build credit.

    Disadvantages:

    • Risk of damaging relationships if payments are missed.
    • Financial responsibility for the co-signer if the primary borrower defaults.
    • Potential negative impact on the co-signer’s credit score.

    Online Personal Loans

    Online Personal loans are specifically designed to help individuals enhance their credit profiles while accessing funds, making them an excellent alternative for those seeking to improve their credit history and loan eligibility. These loans typically involve small amounts, which are held in a savings account until the borrower has made all necessary payments. This arrangement allows borrowers to build a positive credit history through regular repayment.

    Understanding how these loans operate can significantly influence one’s financial future and loan decisions. When a borrower applies for a credit builder loan, the lender places the borrowed amount in a secured account that the borrower cannot access until the loan is fully repaid. This structure not only ensures the safety of the funds but also fosters a sense of financial discipline.

    Regular payments are reported to credit bureaus, which can positively influence the credit score over time. This option is particularly advantageous for individuals with poor credit or those just beginning their credit journey, as it can help them qualify for better financial products in the future.

    Therefore, credit builder loans offer a valuable pathway for financial give the power toment, transforming past credit challenges into sustainable borrowing experiences and future opportunities.

    Frequently Asked Questions

    What are the best no credit check loans guaranteed approvals direct lenders offered by IOnline Payday Loans in Las Vegas?

    IOnline Payday Loans offers a variety of loans with guaranteed approvals from direct lenders, including personal loans, payday loans, and installment loans.

    Can I get a no credit check loan from a direct lender through IOnline Payday Loans?

    Yes, IOnline Payday Loans works with a network of trusted direct lenders who offer no credit check loans to individuals with varying credit scores.

    What are the advantages of choosing a direct lender for my no credit check loan?

    Choosing a direct lender for your no credit check loan can often result in faster approvals, more personalized loan terms, and potentially lower interest rates.

    Do I need a good credit score to qualify for a no credit check loan from a direct lender through IOnline Payday Loans?

    No, IOnline Payday Loans works with direct lenders who specialize in providing loans to individuals with less-than-perfect credit, so your credit score may not be a determining factor in your loan approval.

    What is the application process like for a no credit check loan from a direct lender through IOnline Payday Loans?

    The application process for a no credit check loan through IOnline Payday Loans is simple and can be completed entirely online. You will need to provide basic personal and financial information, and may also be required to submit proof of income for direct deposit.

    How quickly can I receive the funds from my no credit check loan with a direct lender through IOnline Payday Loans,

    Depending on the lender and your bank’s processing times, you may be able to receive the funds from your no credit check loan as soon as the next business day after approval.

    Media Contact:
    Company Name: IOnline Payday Loans
    Registered Office Address: 1095 Sugar View Dr Ste 500 Sheridan, WY 82801
    Company Website: https://ionlinepaydayloans.com/
    Email: mria@ionlinepaydayloans.com
    Phone: 307-777-7311
    Contact person name: Mria

    Disclaimer: This announcement contains general information about Ionline payday loan services and should not be considered financial advice. Ionline Payday Loans does not guarantee loan approval, and loan terms may vary by applicant and lender requirements. Loans are available to U.S. residents only.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0b02e2d3-6f2d-4234-98fe-1f7d694aa226

    The MIL Network

  • MIL-Evening Report: PINA on World Press Freedom Day – facing new and complex AI challenges

    By Kalafi Moala in Nuku’alofa

    On this World Press Freedom Day, we in the Pacific stand together to defend and promote the right to freedom of expression — now facing new and complex challenges in the age of Artificial Intelligence (AI).

    This year’s global theme is “Reporting a Brave New World: The impact of Artificial Intelligence on Press Freedom.”

    AI is changing the way we gather, share, and consume information. It offers exciting tools that can help journalists work faster and reach more people, even across our scattered islands.

    But AI also brings serious risks. It can be used to spread misinformation, silence voices, and make powerful tech companies the gatekeepers of what people see and hear.

    In the Pacific, our media are already working with limited resources. Now we face even greater pressure as AI tools are used without fair recognition or payment to those who create original content.

    Our small newsrooms struggle to compete with global platforms that are reshaping the media landscape.

    We must not allow AI to weaken media freedom, independence, or diversity in our region.

    Respect our Pacific voices
    Instead, we must ensure that new technologies serve our people, respect our voices, and support the role of journalism in democracy and development.

    Today, PINA calls for stronger regional collaboration to understand and manage the impact of AI. We urge governments, tech companies, and development partners to support Pacific media in building digital skills, protecting press freedom, and ensuring fair use of our content.

    Let us ensure that the future of journalism in the Pacific is guided by truth, fairness, and freedom — not by unchecked algorithms.

    Happy World Press Freedom to all media workers across the Pacific!

     Kalafi Moala is president of the Pacific Islands News Association (PINA) and also editor of Talanoa ‘o Tonga. Republished from TOT with permission.

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI: NNIT A/S: NNIT adjusts 2025 outlook and publishes Q1 figures

    Source: GlobeNewswire (MIL-OSI)

    The first quarter financial performance was expected to be moderate, but the increased macroeconomic and geopolitical uncertainty has impacted NNIT to a larger extent than expected. Based on the realized results and the continued uncertainty, NNIT adjusts the 2025 financial outlook.

    Given the current uncertainty, organic revenue growth is expected to be 0% to 5% (previously 7% to 10%), which is due to postponement of projects and the sales pipeline materializing at a slower pace than planned as customers are hesitating to engage in new contracts, especially within Life Science. Expectations for the Group operating profit margin excluding special items are maintained at 7% to 9% as NNIT is significantly reducing its cost base by adjusting capacity and lowering general spending across regions and on corporate level. Special items are expected to be up to last year’s level of DKK 69m (previously expected to be below the 2024 level) mainly driven by further restructuring costs.

    NNIT generated Q1 2025 Group revenue of DKK 464m (Q1 2024: DKK 463m). The organic growth was negative by 0.8% (Q1 2024: 8.0%) due to Region Europe and Region US. Group operating profit excl. special items was DKK 18m (Q1 2024: 24m), equal to a margin of 3.9% (Q1 2024: 5.2%). Profit and margin were mainly impacted by Region Europe and a decrease in Region Denmark driven by overcapacity following the postponement of a large contract, which has been signed in Q2, and the loss of a large public tender. Special items for the Group amounted to DKK 25m (Q1 2024: income DKK 11.3m) primarily driven by restructuring costs.

    Financial figures, DKK million Q1 2025 Q1 2024 FY 2024
    GROUP      
    Revenue 464 463  1,851
    Group operating profit excl. special items 18 24 117
    Group operating profit margin excl. special items 3.9% 5.2% 6.3%
    Special items 25 -11 69
           
    REGION EUROPE      
    Revenue 119 126 512
    Regional operating profit 12 14 67
    Regional operating profit margin 10.0% 11.2% 13.0%
           
    REGION US      
    Revenue 87 93 346
    Regional operating profit 26 18 73
    Regional operating profit margin 30.4% 19.0% 21.2%
           
    REGION ASIA      
    Revenue 37 32 149
    Regional operating profit 3 -2 8
    Regional operating profit margin 7.6% -5.3% 5.2%
           
    REGION DENMARK      
    Revenue 221 212 844
    Regional operating profit 33 48 151
    Regional operating profit margin 15.1% 22.6% 17.9%

    Despite the adjustment of expectations for organic growth, NNIT maintains expectations for the Group operating profit margin excl. special items to reach 7% to 9%. NNIT has executed several cost reducing initiatives, which include capacity adjustments across the group, to minimize the impact on profitability.

    NNIT will publish the Q1 2025 trading statement on May 5, 2025, one day earlier than planned.

    For more information, please contact:

    Investor Relations
    Carsten Ringius            
    EVP & CFO
    Tel: +45 3077 8888
    carr@nnit.com

    Media Relations
    Thomas Stensbøl
    Press & Communications Manager
    Tel: +45 3077 8800
    tmts@nnit.com 

    ABOUT NNIT

    NNIT is a leading provider of IT solutions to life sciences internationally, and to the public and private sectors in Denmark.

    We focus on high complexity industries and thrive in environments where regulatory demands and complexity are high.

    We advise on and build sustainable digital solutions that work for the patients, citizens, employees, end users or customers.

    We strive to build unmatched excellence in the industries we serve, and we use our domain expertise to represent a business first approach – strongly supported by a selection of partner technologies, but always driven by business needs rather than technology.

    NNIT consists of group company NNIT A/S and the subsidiary SCALES. Together, these companies employ more than 1,700 people in Europe, Asia and USA.

    Attachment

    The MIL Network

  • MIL-OSI: NNIT A/S: Business performance impacted by market undercetainty expected to continue. Mitigating actions taken to protect profitability

    Source: GlobeNewswire (MIL-OSI)

    Q1 2025 key highlights

    • Financial performance for the first quarter was expected to be moderate, but macroeconomic and geopolitical uncertainty increased, which impacted NNIT. The uncertainty has influenced customer behavior, especially in the three regions focusing on IT Life Science solutions, where several projects have been postponed, most predominantly in Region Europe. Group revenue amounted to DKK 464.1m, entailing flat revenue growth compared with last year.
    • Despite improving utilization and capacity adjustments made across regions during the quarter as well as tight cost focus across business areas, the group operating profit excl. special items declined to DKK 18.0m in Q1 2025 compared with DKK 23.9m in the same quarter last year. The decline was due to the lower profit generation in Region Europe and Region Denmark, partly offset by improved profitability performance in Region US and Region Asia. Group operating profit margin excl. special items was 3.9% in Q1 2025 compared with 5.2% in the same quarter last year.
    • Region Denmark growth around 4% where selected solution areas focusing on the Public sector in Denmark, is showing growth upwards at 8%. SCALES also contributed to the growth in region Denmark solidifying its position as a leader within D365 solutions.
    • Special items amounted to DKK 25.3m in Q1 2025 covering restructuring costs of DKK 20m impacting all regions, earn-out payments of DKK 3m, and IT systems and integration costs amounting to around DKK 2m.
    • The financial outlook for 2025 was adjusted on May 5, 2025 cf. company announcement 04/2025 as the current macroeconomic and geopolitical landscape has deteriorated materially since the full-year outlook communicated in February. NNIT expects to be further affected by current uncertainty why the organic growth range was adjusted to 0% to 5% (previously 7% to 10%). Group operating profit margin excl. special items was maintained at 7% to 9% due to significant cost reducing initiatives with most already having been executed. As a result of lower revenue generation caused mainly by external factors, NNIT expects to incur additional restructuring costs as special items. Special items are expected to be at up to last year’s level of DKK 69m (previously expected to be significantly below the 2024 level).

    The first quarter was more severely affected by uncertainty than expected at the beginning of the year. Hesitance among several customers of NNIT has resulted in less revenue and sales as projects are being postponed. In general, NNIT has taken action to adjust capacity to fit the current demand with several reductions completed in 2024 and leaving NNIT in a stronger position going into 2025. However, it has been necessary to take further actions to mitigate the business impact from lower revenue generation with a reduction of around 100 employees in Q1 2025. Furthermore, NNIT has carried out several cost-reducing initiatives such as putting new employments on hold and limiting all discretionary spending to a minimum with full impact from the second quarter.

    Given the current macroeconomic environment and geopolitical unrest, NNIT continues to expect that its customers will be affected, which is reflected in the adjusted full-year financial outlook.

    Pär Fors, CEO of NNIT, comments: “The business environment of NNIT has deteriorated in the first quarter of the year as especially our Life Science customers are being negatively impacted by the macroeconomic unrest. Customers are hesitant to engage in new contracts before things are stabilizing, and we are navigating this environment to continue our strategic journey at NNIT. However, the impact from the uncertainty is more severe than initially expected, why the full-year outlook has been adjusted.”

    Financial overview – Selected key figures

    NNIT A/S, DKK million Q1 2025 Q1 2024 FY 2024
    Revenue 464.1 463.4 1,851
    Revenue growth, % 0.2% 12.2% 23.4%
    Revenue growth, organic % -0.8% 8.0% 10.8%
    Group operating profit excl. special items 18.0 23.9 117
    Group operating profit margin excl. special items, % 3.9% 5.2% 6.3%
    Special items .25.3 11.3 -69
    Group operating profit incl. special items -7.3 35.2 48
    Group operating profit margin incl. special items, % -1.6% 7.6% 2.6%
           
    Free cash flow -73 -166 -40

    Conference call

    May 6, 2025, at 3:00 PM CEST: Webcast link 

    Dial in information:
    DK: +45 78 76 84 90
    SE: +46 31-311 50 03
    UK: +44 20 3769 6819
    US: +1 646 787 0157
    Participant Access code: 472855

    For more information, please contact:

    Investor Relations
    Carsten Ringius            
    EVP & CFO
    Tel: +45 3077 8888
    carr@nnit.com

    Media Relations
    Thomas Stensbøl
    Press & Communications Manager
    Tel: +45 3077 8800
    tmts@nnit.com 

    ABOUT NNIT

    NNIT is a leading provider of IT solutions to life sciences internationally, and to the public and private sectors in Denmark.

    We focus on high complexity industries and thrive in environments where regulatory demands and complexity are high.

    We advise on and build sustainable digital solutions that work for the patients, citizens, employees, end users or customers.

    We strive to build unmatched excellence in the industries we serve, and we use our domain expertise to represent a business first approach – strongly supported by a selection of partner technologies but always driven by business needs rather than technology.

    NNIT consists of group company NNIT A/S and the subsidiary SCALES. Together, these companies employ more than 1,700 people in Europe, Asia and the USA.

    Attachments

    The MIL Network

  • MIL-OSI Africa: African Mining Week to Spotlight Cutting-Edge Mining Tech

    Source: Africa Press Organisation – English (2) – Report:

    CAPE TOWN, South Africa, May 5, 2025/APO Group/ —

    The upcoming African Mining Week (AMW) – Africa’s premier gathering for mining stakeholders, scheduled for October 1-3, 2025 in Cape Town – will feature a dedicated Technology Forum. The forum will connect African mining projects with global technology providers and investors, showcasing how digital solutions are transforming resource extraction and redefining the mining value chain.

    As African countries scale up mineral production to drive GDP growth, developers are increasingly adopting data analytics and digital tools to boost operational efficiency. U.S.-based startup KoBold Metals, which applies artificial intelligence (AI) to mineral exploration, entered the Democratic Republic of Congo (DRC) in April 2025 to tap into the country’s estimated $24 trillion in untapped mineral resources. The DRC – already the world’s largest cobalt producer and a key copper supplier – could see its global mining profile rise significantly with KoBold’s involvement. In Zambia, the company is advancing the $2 billion Mingomba project, one of the world’s most promising untapped copper assets.

    https://apo-opa.co/3Z0EMWY

    https://apo-opa.co/3EBP2yg

    Similarly, in Zimbabwe, Caledonia Mining is investing $1.1 million in IT infrastructure upgrades at the Blanket Mine as part of its $41.8 million capital budget. The upgrades include new mine planning software and a digital clocking system to improve labor efficiency, with a goal to increase gold output from 76,656 ounces in 2024 to up to 77,500 ounces in 2025.

    https://apo-opa.co/4k8pMPg

    In Botswana, Botswana Diamonds is employing AI-driven exploration to expand beyond diamond mining, recently identifying new prospects for copper, silver, cobalt, gold, nickel, zinc and platinum group metals. “During the initial analysis of the big database, it became clear that the AI technology could be used to identify other unknown minerals opportunities – and so it turned out,” said John Teeling, Chairman of Botswana Diamonds.

    https://apo-opa.co/4k6ZDQM

    Meanwhile, South African firms such as Kilken Platinum and Rio Tinto are deploying digital tools to unlock greater operational value. A joint report by Accenture and the World Economic Forum projects that digitalization could unlock up to R213 billion in additional value for South Africa’s mining sector by 2026. Technologies such as predictive maintenance, autonomous operations and real-time data monitoring are helping firms streamline processes, reduce downtime and improve safety outcomes.

    https://apo-opa.co/3EBP2yg

    https://apo-opa.co/4jXhBVG

    The Technology Forum at AMW 2025 will feature high-level panels examining how digitalization can optimize infrastructure, enhance safety, predict system failures and support sustainable resource management in a data-driven mining environment. The forum will also provide a platform for mining companies to showcase real-world case studies, exchange knowledge with tech innovators, and explore partnerships that drive long-term value creation.

    MIL OSI Africa

  • MIL-OSI: Natural Gas Services Group, Inc. Announces First Quarter 2025 Earnings Conference Call

    Source: GlobeNewswire (MIL-OSI)

    Midland, Texas, May 05, 2025 (GLOBE NEWSWIRE) —  Natural Gas Services Group, Inc. (NYSE:NGS), a leading provider of natural gas compression equipment, technology and services to the energy industry, will host a conference call to review its first quarter financial results on May 13, 2025 at 8:30 a.m. (EST), 7:30 a.m. (CST). The Company’s Q1 2025 financial and operating results for the first quarter will be disseminated via press release and made available on the Company’s website (www.ngsgi.com) after market close on May 12, 2025.

    To join the conference call, kindly access the Investor Relations section of our website at www.ngsgi.com or dial in at (800) 550-9745 and enter conference ID: 167298 at least five minutes prior to the scheduled start time. Please note that using the provided dial-in number is necessary for participation in the Q&A section of the call. A recording of the conference will be made available on our Company’s website following its conclusion. Thank you for your interest in our company’s updates.

    About Natural Gas Services Group, Inc.

    Natural Gas Services Group is a leading provider of natural gas compression equipment, technology and services to the energy industry. The Company designs, rents, sells and maintains natural gas compressors for oil and natural gas production and plant facilities, primarily using equipment from third-party fabricators and OEM suppliers along with limited in-house assembly. The Company is headquartered in Midland, Texas, with a fabrication facility located in Tulsa, Oklahoma, a rebuild shop located in Midland, Texas, and service facilities located in major oil and natural gas producing basins in the U.S. Additional information can be found at www.ngsgi.com.

    For Additional Information:

    Anna Delgado-Investor Relations
    (432) 262-2700
    ir@ngsgi.com
    www.ngsgi.com

    The MIL Network

  • MIL-OSI: CORRECTION: Oma Savings Bank Plc’s Interim Report 1.1.-31.3.2025: High costs and declining market interest rates weighed on the result, work to strengthen OmaSp continues

    Source: GlobeNewswire (MIL-OSI)

    OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE 5 MAY 2025 AT 13.00 A.M. EET, INTERIM REPORT Q1


    CORRECTION: Oma Savings Bank Plc’s Interim Report 1.1.-31.3.2025: High costs and declining market interest rates weighed on the result, work to strengthen OmaSp continues

    This release corrects the January-March interim report published today at 9.45 a.m. EET. The CEO’s review contained an incorrect figure regarding the total investments in the Noste project. The corrected sentence reads: Total investments in the Noste project reached EUR 11.6 million over its duration.

    Below the corrected stock exchange release and the interim report January-March 2025 attached.

    Oma Savings Bank Plc’s Interim Report 1.1.-31.3.2025: High costs and declining market interest rates weighed on the result, work to strengthen OmaSp continues

    This release is a summary of Oma Savings Bank’s (OmaSp) January-March 2025 Interim Report, which can be read from the pdf file attached to this stock exchange release and on the Company’s web pages www.omasp.fi

    CEO Karri Alameri: High costs and declining market interest rates weighed on the result, work to strengthen OmaSp continues

    ”I had the honour of starting as the CEO of Oma Savings Bank at the end of March. In recent weeks, I have engaged with the bank’s personnel, customers, and stakeholders across Finland. These discussions have underscored OmaSp’s strong customer relationships, employee commitment, as well as comprehensive range of services, and personalised service model. These elements provide a solid foundation for OmaSp’s next phase. It is clear that we must continue refining our policies and evolving our ways of working. Trust in the Company is rebuilt through actions.

    The comparable profit before taxes for the first quarter was EUR 4.6 million and the comparable cost/income ratio of 54.4%. Profit and profitability were burdened by increased operating and personnel expenses, as well as lower net interest income due to declining market interest rates.

    The increase in costs is primarily attributed to the implementation of the risk management action plan (the “Noste”) initiated in summer 2024. The final investments in the project were made as planned in the first quarter, and new operating models are being integrated into daily operations. Total investments in the Noste project reached EUR 11.6 million over its duration. What is more, we continue to act on the findings of the supervisory assessment.

    Net interest income decreased by 18.3% compared to the comparison period, totalling EUR 46.9 million. The decline is due to fallen market interest rates. The volumes transferred from Handelsbanken have contributed to the development of net interest income as market interest rates have declined.

    Fee and commission income and expenses (net) remained nearly at the level of the comparison period, amounting to EUR 14.7 million.

    The mortgage loan portfolio increased by 3.0%, the corporate loan portfolio by 0.4%, and the deposit base by 2.7% from the level of the previous year.

    Impairment losses on financial assets totalled EUR -22.3 million in January–March. Approximately one-third was related to the update of the calculation model for expected credit losses (ECL), another third to increased allowances in the portfolio, which is being wound down in a controlled manner, and the remaining third to other impairment losses on the loan portfolio due to the general uncertain economic situation.

    Additionally, a provision of EUR 3.0 million was made for the first quarter to prepare for potential sanctions from the Finnish Financial Supervisory Authority (FIN-FSA) due to deficiencies identified in the final inspection report on the prevention of money laundering and terrorist financing. The FIN-FSA’s audit covered the period prior to December 2023. Measures to rectify the deficiencies were initiated while the audit was underway last year.

    Customer and employee satisfaction at an excellent level

    Following the Handelsbanken acquisition, we gained 10,000 new customers last autumn, and the integration has progressed smoothly. We have 48 branches covering all key growth and regional centres in Finland. In January–March, approximately 800 new customer relationships were established organically per month. OmaSp has a strong customer base of over 200,000. We are committed to offering services to households and SMEs across our network.

    Our customer and employee surveys indicated that satisfaction has remained at the excellent level of previous years. I want to extend my gratitude to our personnel for their exemplary work. Committed and motivated personnel are crucial to OmaSp’s future success.

    OmaSp’s financial position is stable, with a good solvency and liquidity position. The total capital (TC) ratio further strengthened to 17.7% at the end of March. The accumulated equity exceeds EUR 583 million.

    I look to the future with confidence. We will continue to develop our operations, invest in our core business, and strengthen the customer experience for both existing and new customers. Our strategy aims for profitable growth.”

    January–March 2025

    • In January–March, net interest income decreased by 18.3% compared with the same period last year. Net interest income totalled EUR 46.9 (57.4) million.
    • Mortgage portfolio increased by 3.0% during the previous 12 months. Corporate loan portfolio increased by 0.4% during the previous 12 months.
    • Deposit base increased by 2.7% over the past 12 months.
    • From January to March, fee and commission income and expenses (net) decreased mainly due to lower lending commissions compared to the comparison period, 2.6%.
    • From January to March, total operating income decreased by 18.9% compared to the comparison period. In the first quarter, comparable total operating income decreased by 19.8% and was EUR 59.5 (74.3) million.
    • From January to March, total operating expenses grew in total by 31.9%. The growth is mainly explained by the costs of the Company’s ongoing extensive risk management development projects, the authority processes and the promotion of a controlled winding down plan related to the non-compliance with the guidelines. In addition, the number of personnel increased compared to the comparison period due to business arrangements, the opening of new branches and the strengthening of the risk management processes. Other operating expenses were in total EUR 22.2 (16.4) million, of which the development costs of the risk management action plan and investigation costs amounted to EUR 5.3 million.
    • Comparable total operating expenses grew by 27.9% in the first quarter and were EUR 32.2 (25.2) million. Of this amount the risk management action plan (the ”Noste”) amounted to EUR 3.3 million. The measures implemented in the first quarter completed the action plan initiated in the summer of 2024.
    • For January-March, the impairment losses on financial assets were in total EUR -22.3 (-23.1) million. During the reporting period, the Company updated the calculation model for expected credit losses (ECL) as part of a larger operational programme and development of risk control. The total impact of the updated model increased the ECL by approximately EUR 8.5 million. In addition, the amount of impairment losses was impacted by an increase in allowances in the controlled winding down of the portfolio, which had an impact of approximately EUR 5.7 million. In other credit portfolio, impairment losses amounted to approximately EUR 8.1 million, and the development was particularly affected by the overall economic uncertainty.
    • For January-March, profit before taxes was EUR 3.1 (24.7) million and comparable profit before taxes was EUR 4.6 (25.6) million.
    • In the first quarter, cost/income ratio was 57.4 (35.2)% and comparable cost/income ratio was 54.4 (34.1)%.
    • In the first quarter, comparable return on equity (ROE) was 2.5 (15.5)%.
    • Total capital (TC) ratio was 17.7 (15.6)%.
    The Group’s key figures (1,000 euros) 1.3.2025 1.3.2024 Δ % 1.12.2024
    Net interest income 46,88 57,369 -18 % 213,097
    Fee and commission income and expenses, net 12,439 12,766 -3 % 50,745
    Total operating income 60,074 74,08 -19 % 270,068
    Total operating expenses -34,24 -25,958 32 % -111,004
    Impairment losses on financial assets, net -22,322 -23,112 -3 % -83,379
    Profit before taxes 3,111 24,668 -87 % 74,589
    Cost/income ratio, % 57.4% 35.2% 63 % 41.3%
    Balance sheet total 7,517,814 7,531,291 0 % 7,709,090
    Equity 583,026 527,426 11 % 576,143
    Return on assets (ROA) % 0.1% 1.0% -88 % 0.8%
    Return on equity (ROE) % 1.7% 14.9% -89 % 10.7%
    Earnings per share (EPS), EUR 0.07 0.60 -88 % 1.80
    Total capital (TC) ratio % 17.7% 16.9% 5 % 15.6%
    Common Equity Tier 1 (CET1) capital ratio % 16.5% 15.4% 8 % 14.4%
             
    Comparable profit before taxes 4,617 25,626 -82 % 86,656
    Comparable cost/income ratio, % 54.4% 34.1% 60 % 37.8%
    Comparable return on equity (ROE) % 2.5% 15.5% -84 % 12.4%

    Outlook for the financial year 2025 adjusted

    OmaSp updated its expected credit loss (ECL) calculation model in the first quarter and made a provision to prepare for possible sanctions following the final inspection report from the FIN-FSA on anti-money laundering and terrorist financing. These had a total one-off impact of approximately EUR -11 million on the results. Overall economic uncertainly has further increased. Therefore, OmaSp maintains its earnings guidance on the Group’s comparable profit before taxes to be EUR 65–80 million for the financial year 2025, with a clarification that the figure is expected to be below the mid-point of the range.

    Business outlook and earnings guidance are as follows:

    The outlook for the Company’s business for the financial year 2025 is affected by the decline in market interest rates and the continued high level of costs due to IT investments and system improvements required by risk management and quality processes. In addition, the Company continues to invest in customer experience on different channels. The uncertainty of the operating environment and economic situation affects the development of balance sheet items and comparable profit for the financial year 2025.

    Oma Savings Bank Plc provides earnings guidance on comparable profit before taxes for 2025. Earnings guidance is based on the forecast for the entire year, which takes into account the current market and business situation. Forecasts are based on the management’s insight into the Group’s business development.

    We estimate the Group’s comparable profit before taxes to be EUR 65–80 million for the financial year 2025, with a clarification that the figure is expected to be below the mid-point of the range (comparable profit before taxes was EUR 86.7 million in the financial year 2024).

    Oma Savings Bank Plc

    Additional information:
    Karri Alameri, CEO, tel. +358 45 656 5250, karri.alameri@omasp.fi

    DISTRIBUTION: 
    Nasdaq Helsinki Ltd
    Major media
    www.omasp.fi

    OmaSp is a solvent and profitable Finnish bank. About 500 professionals provide nationwide services through OmaSp’s 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners’ products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations.

    OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp.

    Attachment

    The MIL Network

  • MIL-OSI Global: A basic income support grant can address extreme poverty and inequality in South Africa – economic model shows how

    Source: The Conversation – Africa – By Carolyn Chisadza, Associate professor, University of Pretoria

    South Africa remains one of the most unequal countries in the world. The country’s per-capita expenditure Gini coefficient, a measure of how spending from income is distributed, stands at 0.65. This puts it among countries with the most unequal distribution of spending globally.

    Nearly 55% of the population were living in poverty in 2023. The country also has one of the highest unemployment rates in the world: 33.5% in the second quarter of 2024. To compound these issues, economic growth has stagnated since 2008.

    Ending extreme poverty, unemployment and inequality requires economic growth that includes more people. To get that result, there must be a set of interventions that work together. One intervention being considered in South Africa is basic income support to relieve poverty among unemployed citizens.

    Prior to the COVID-19 pandemic, basic income support had been on the policy agenda in South Africa for at least two decades, since the Taylor Committee in 2001. The pandemic made existing inequalities worse through job losses. A “social relief of distress” grant was introduced in 2020 to support the unemployed.

    The grant targeted those affected by sudden income loss, including unemployed working-age individuals who did not qualify for other grants. The introduction of the grant renewed interest in the concept of a universal basic income, or a more comprehensive form of income support. It highlighted the welfare potential for a more permanent basic income support system.

    Very few cases of universal basic income support pilots exist in developing countries. Where they do exist, studies point to the vital benefits a basic income grant system might provide. Examples include evidence from a pilot in Namibia, nine villages in India, and rural Kenya.

    In a recently published paper, a team of economists explored the possible effects of introducing permanent basic income support to:

    • all individuals aged between 18 and 59

    • only those who are unemployed

    • only unemployed individuals in extremely poor households, defined by the food poverty line.

    The economic modelling exercise demonstrates that a basic income grant targeting all individuals aged between 18 and 59 could significantly reduce poverty and inequality. These gains would, however, require carefully targeted and implemented interventions over a multi-year period.

    Our approach

    The study identifies which socio-economic groups would benefit the most from the grant, and sheds light on the impact of basic income support on the welfare and livelihoods of individuals and their households. We used market income or pre-transfer income as the starting point to see how public spending changed poverty or income inequality.

    We used data from the 2017 Quarterly Labour Force Survey, a measure of employment and unemployment based on the country’s working population. Using the three scenarios, we calculated the likely effects.

    The first scenario was based on the universal grant being paid to all those aged 18 to 59. In the second, only those aged 18-59 who were unemployed received it. Lastly, only those who lived in extremely poor households and were unemployed in 2017 were included.

    Some form of support exists for children under 18 (child grant) and for adults aged 60 and over (pension). That’s why we allocated the grant only for adults from 18 to 59.

    In all the scenarios, the income support transfer is assumed to be R595 (US$38) per individual per month in 2021, equivalent to what it cost to provide a basic basket of food (that is, the food poverty line). We use R595 as it closely aligns with the COVID social relief of distress grant extension and reflects the grant amount for the 2021/22 financial year.

    Main findings

    The main findings show that in general, a basic income support grant has the potential to reduce poverty and inequality in South Africa. However, the effect varies based on the targeting mechanism used to identify beneficiaries. Absolute poverty, its gap (the ratio by which the mean income of the poor falls below the poverty line) and income inequality fall the most when the transfer is universal or targets the unemployed and the extreme poor.

    In the first scenario (support for all individuals aged 18 to 59) and the third scenario (the unemployed and extremely poor), both poverty headcount (the percentage of the population living below the national poverty line) and the poverty gap (the ratio by which the mean income of the poor falls below the poverty line) decrease more than in the second scenario (targeting only the unemployed). The income inequality reduction is also larger in the first and third scenarios compared to the second scenario.

    Significance of findings

    The significance of these findings is that better targeting makes basic income support more pro-poor and progressive, and reduces the leakage of the benefit to the non-poor.

    In countries such as South Africa, where poverty and inequality are extensive and public resources are limited, the case for targeting is attractive. But it’s important to recognise that effective targeting entails higher administrative costs. Conversely, while a universal basic income grant may be more expensive in terms of total disbursement, it has the greatest potential to reduce poverty and overall inequality.

    The government can make the best use of its resources by focusing on vulnerable populations, such as those who are extremely poor and unemployed.

    Finding the right criteria to identify the poor, and running the grant properly, largely determines the programme’s success in improving welfare.

    Concluding remarks

    South Africa is currently saddled with high poverty and inequality. Our study brings the debate on the potential welfare benefits of expanding existing social grants back to the forefront of social policy.

    Eleni Abraham Yitbarek is affiliated with Partnership for Economic Policy (Research Fellow)

    Carolyn Chisadza, Kehinde Oluwaseun Omotoso, Margaret Chitiga-Mabugu, Nicky Nicholls, and Ramos Emmanuel Mabugu do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. A basic income support grant can address extreme poverty and inequality in South Africa – economic model shows how – https://theconversation.com/a-basic-income-support-grant-can-address-extreme-poverty-and-inequality-in-south-africa-economic-model-shows-how-247954

    MIL OSI – Global Reports

  • MIL-OSI Video: “Choose Europe for Science” Event at the Sorbonne in Paris

    Source: European Commission (video statements)

    On Monday, May 5, 2025, President Emmanuel Macron has launched the “Choose Europe for Science” initiative from the amphitheatre of the Sorbonne university. The the aim of the conference is to encourage public and private researchers and entrepreneurs to choose Europe and France as their home.

    Commission President von der Leyen is among the high-ranking attendees and will give a speech.

    Like, comment, and share to support informed discussions on European affairs.

    Watch now & stay informed!

    More information can be found on the EC Press Corner
    Follow us on:
    -X: https://twitter.com/EU_Commission
    -Instagram: https://www.instagram.com/europeancommission/
    -Facebook: https://www.facebook.com/EuropeanCommission
    -LinkedIn: https://www.linkedin.com/company/european-commission/
    -Medium: https://medium.com/@EuropeanCommission

    Visit our website: http://ec.europa.eu

    https://www.youtube.com/watch?v=zimXNLPU0r4

    MIL OSI Video

  • MIL-OSI Europe: Written question – Impact of the revised EU Emissions Trading System on household costs – E-001665/2025

    Source: European Parliament

    Question for written answer  E-001665/2025
    to the Commission
    Rule 144
    Beatrice Timgren (ECR), Charlie Weimers (ECR), Dick Erixon (ECR)

    The extension of the EU Emissions Trading System (ETS) to include road transport and buildings under ETS 2 is expected to significantly raise energy costs for households across the EU. According to a recent analysis, the cost of this measure could be as much as EUR 650 per year for Belgian households.[1]

    This raises concerns about the distributive effects of the revised ETS, especially at a time when many families are already struggling with inflation and high energy prices. The largest burden will fall disproportionately on middle- and lower-income citizens in colder, car-dependent regions.

    • 1.Does the Commission acknowledge that the revised ETS places a disproportionate financial burden on certain Member States and certain households, e.g. those living in colder rural areas?
    • 2.In the light of the disproportionate burden placed on certain households, has the Commission considered adjusting the ETS so that it does not punish households that are not eligible for compensation from the Social Climate Fund, but which are still hit with considerably increased expenses?
    • 3.Considering the strained financial situation for many households, has the Commission considered pausing the implementation of the revised ETS, and what would the consequences on climate and household economy be if such a pause took place?

    Submitted: 24.4.2025

    • [1] https://energyville.be/wp-content/uploads/2025/04/ETS2-paper_final-15042025.pdf.
    Last updated: 5 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Need for broader deregulation and simplification to reduce administrative burdens – E-001664/2025

    Source: European Parliament

    Question for written answer  E-001664/2025
    to the Commission
    Rule 144
    Beatrice Timgren (ECR), Charlie Weimers (ECR), Dick Erixon (ECR)

    In its press release of 14 April 2025, the Commission welcomed the Council’s endorsement of the first element of the simplification omnibus on sustainability[1]. The postponement, until 2028, of key obligations under the Corporate Sustainability Reporting Directive and the Corporate Sustainability Due Diligence Directive was presented as a first step toward delivering legal certainty and reducing unnecessary compliance costs for companies.

    The Commission’s commitment to simplification is a welcome first step towards repairing an overregulated system that is killing jobs and exporting our industry to non-EU countries.

    Considering that extending timelines and slightly reducing reporting requirements will not solve the competitiveness crisis caused by the overburdening acquis communautaire:

    • 1.Will the Commission establish measurable targets for reducing reporting obligations?
    • 2.Will the Commission commit to a broader and more ambitious programme of mass deregulation across EU legislation, extending beyond sustainability-related laws?
    • 3.What further actions will the Commission take to make sure growth is never again hampered by red tape from Brussels?

    Submitted: 24.4.2025

    • [1] https://ec.europa.eu/commission/presscorner/detail/en/mex_25_1057.
    Last updated: 5 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Ensuring transparency, efficiency and equal access in the Recovery and Resilience Facility’s digitalisation projects – E-001668/2025

    Source: European Parliament

    Question for written answer  E-001668/2025
    to the Commission
    Rule 144
    Sakis Arnaoutoglou (S&D)

    A large part of the Recovery and Resilience Facility’s resources has been committed to the implementation of public sector digitalisation projects, which are in many cases undertaken by a few powerful companies. However, there are concerns about delays, low efficiency and the extent to which these projects actually boost regional development and the needs of the agriculture, fishing and local infrastructure sectors. Meanwhile, smaller and innovative businesses are often excluded from the process.

    In view of the above:

    • 1.What measures is the Commission putting in place to ensure the transparency and efficient implementation of the digitalisation projects financed by the Recovery and Resilience Facility?
    • 2.How is equal access to the design and execution of these projects ensured for small and medium-sized enterprises?
    • 3.Is there provision for evaluating the contribution of IT projects to strengthening agricultural production, fishing and regional infrastructure, so that investments also benefit local communities and not just large companies?

    Submitted: 24.4.2025

    Last updated: 5 May 2025

    MIL OSI Europe News

  • MIL-OSI Africa: Congo’s Gas Ambitions to Take Spotlight at Invest in African Energy (IAE) 2025 with High-Level Monetization Panel

    Source: Africa Press Organisation – English (2) – Report:

    PARIS, France, May 5, 2025/APO Group/ —

    The Republic of Congo and its gas agenda will be at the forefront of the upcoming Invest in African Energy (IAE) 2025 Forum in Paris, which will feature a dedicated session on Monetizing Congo’s Gas Opportunities. The strategic discussion comes as Congo works to scale up gas production, build critical infrastructure and accelerate monetization efforts to meet domestic demand and strengthen its position as a regional energy exporter.

    The session will be moderated by Géraud Moussarie, Managing Partner at Sustainable Partnerships, and will bring together leading voices in the sector. Featured panelists include senior representatives from Congo’s national oil company, Société nationale des pétroles du Congo (SNPC); Rus Jiri, Sales and Development Director Africa at Neuman & Esser; and Oumar Semega, CEO of Imperatus Energy.

    IAE 2025 (apo-opa.co/43ffoPN) is an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 13-14, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit www.Invest-Africa-Energy.com. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

    Congo’s gas sector has made significant strides in recent years, with new frameworks and ambitious infrastructure projects underway. The Congo LNG project, led by Eni, aims to position the Republic of Congo as a key LNG exporter, with a total liquefaction capacity of up to 3 million tons per year through two floating LNG units – the first of which delivered its maiden cargo in February 2024.

    Equally critical is the monetization and domestic utilization of refined gas products. The Banga Kayo onshore project, led by Wing Wah, is set to play a central role by transforming previously flared gas into dry gas, LNG, LPG and polypropylene for use in the local market. Meanwhile, a new Gas Code, expected in 2025, along with the recently adopted Gas Master Plan, are laying the groundwork for sustainable sector growth by establishing clear incentives for investors, streamlining regulatory processes and promoting the development of gas infrastructure and local value chains.

    Across Africa, monetizing natural gas is increasingly seen as both an economic necessity and a catalyst for development – supporting energy access, powering industrial growth and enabling a shift toward cleaner energy sources. To date, key challenges include limited processing and transport infrastructure, constrained financing and fragmented regional markets, which continue to slow progress. Overcoming these hurdles requires coordinated policies, targeted infrastructure investment and cross-border partnerships. IAE 2025 provides a vital platform for public and private sector leaders to address these issues, promote investment and unlock the full potential of Africa’s gas value chain.

    MIL OSI Africa

  • MIL-OSI Africa: Petrotec Expands Fuel Station Network, Joins Angola Oil & Gas (AOG) 2025 as Silver Sponsor

    Source: Africa Press Organisation – English (2) – Report:

    LUANDA, Angola, May 5, 2025/APO Group/ —

    European manufacturer Petrotec has joined the upcoming Angola Oil & gas (AOG) conference as a Silver Sponsor, reflecting its commitment to supporting the expansion of the country’s oil and gas value chain. The company leverages innovation and technology to strengthen mobility and seeks to support Angola’s downstream expansion through new mobility solutions.

    As one of Africa’s largest oil producers, Angola is striving to position itself as both a major exporter and regional petroleum distributor. A recent government drive to expand the downstream oil sector has seen new opportunities emerge for infrastructure players, and companies such as Petrotec stand to play an instrumental role in accelerating the development of fuel stations and associated projects.

    AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; the National Oil, Gas and Biofuels Agency; the Petroleum Derivatives Regulatory Institute; national oil company Sonangol; and the African Energy Chamber; the event is a platform to sign deals and advance Angola’s oil and gas industry. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

    Petrotec has committed to supporting Angola’s fuel mobility expansion. In 2024, the company hosted a delegation by Angola’s national oil company Sonangol at various Petrotec facilities, enabling Petrotec to showcase its cutting-edge solutions and technologies. The visit included a tour of the company’s research and development unit, exploring Petrotec’s vision for the future of mobility; a tour of the innovation and industry center, showcasing the company’s latest forecourt equipment and technologies; and its new industrial unit in Póvoa de Lanhoso, set to produce Hellonext’s sophisticated EV chargers. Sonangol additionally conducted a tour of various fuel station sites in the region, thereby strengthening knowledge-exchange between the companies.

    With over 40 years of experience, Petrotec offers substantial expertise in the manufacturing of equipment for fuel stations. The company’s solutions cover the entire mobility value chain, including electric mobility, hydrogen, infrastructure, fuel pumps, storage solutions, engineering and payment and automation. For Angola, this expertise stands to support efforts by the country to strengthen its downstream industry. Petrotec’s sponsorship of AOG 2025 underscores its commitment to this cause and is expected to further boost collaboration across the industry.

    MIL OSI Africa

  • MIL-OSI: Sydbank share buyback programme: transactions in week 18

    Source: GlobeNewswire (MIL-OSI)

    Company Announcement No 18/2025

    Peberlyk 4
    6200 Aabenraa
    Denmark

    Tel +45 74 37 37 37
    Fax +45 74 37 35 36

    Sydbank A/S
    CVR No DK 12626509, Aabenraa
    sydbank.dk

    5 May 2025  

    Dear Sirs

    Sydbank share buyback programme: transactions in week 18
    On 26 February 2025 Sydbank announced a share buyback programme of DKK 1,350m. The share buyback programme commenced on 3 March 2025 and will be completed by 31 January 2026.

    The purpose of the share buyback programme is to reduce the share capital of Sydbank and the programme is executed in compliance with the provisions of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, collectively referred to as the Safe Harbour rules.

    The following transactions have been made under the share buyback programme:

      Number of shares VWAP Gross value (DKK)
    Accumulated, most recent
    Announcement
    627,000   260,162,910.00
    28 April 2025
    29 April 2025
    30 April 2025
    01 May 2025
    02 May 2025
    14,000
    15,000
    15,000
    13,000
    12,000
    412.31
    414.63
    417.09
    421.22
    428.72
    5,772,340.00
    6,219,450.00
    6,256,350.00
    5,475,860.00
    5,144,640.00
    Total over week 18 69,000   28,868,640.00
    Total accumulated during the
    share buyback programme

    696,000

     

    289,031,550.00

    All transactions were made under ISIN DK 0010311471 and effected by Danske Bank A/S on behalf of Sydbank A/S.

    Further information about the transactions, cf Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse and Commission delegated regulation, is available in the attachment.

    Following the above transactions, Sydbank holds a total of 4,080,435 own shares, equal to 7.47% of the Bank’s share capital.

    Yours sincerely
            
    Mark Luscombe        Jørn Adam Møller
    CEO        Deputy Group Chief Executive

    Attachment

    The MIL Network

  • MIL-OSI Russia: SPbGASU celebrates the 80th anniversary of the Great Victory

    Translation. Region: Russian Federal

    Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering – Participants of the memorial event

    A memorial event dedicated to the 80th anniversary of the Victory in the Great Patriotic War was held at SPbGASU.

    Our university greeted the participants of the celebration with the sounds of wartime music. The veterans shared their memories.

    Zoya Ivanovna Kruglova taught French at LISI (SPbGASU) for 41 years and headed the trade union. When the war began, Zoya Ivanovna lived in Vyshny Volochok and went to first grade. “My father was at war, my brother was at war, my sister also volunteered for the front. My mother and I were left alone. As the Germans approached, we had to evacuate – first 20 kilometers to the village of Golovkino, then to another village where my father’s sister lived. There I went to second grade. It was three kilometers to school… Then we returned to Volochok.

    I remember Victory Day very well. It was a clear sunny day. I got up, my neighbor was running and saying – the war is over, victory! At school, the teacher told everyone to go to the city center, there would be a celebration there. We were very happy that the war was over. We danced, we danced.”

    Alexander Matveevich Maslennikov first entered the walls of our university 75 years ago, in 1950, as a student. He had A’s in all subjects. During his studies, he received only one B, and that was because he was ill. Then – postgraduate studies, defending a candidate’s and doctoral dissertation. Andrei Matveevich was one of the first in our country to introduce the matrix form of calculation of building structures and the finite element method into the educational process, he headed the department of structural mechanics of our university for 25 years, and was vice-rector for science.

    At the beginning of the war, Aleksandr Matveyevich was 14 years old. At 15, he went to work and worked on a ship of the Belsk River Shipping Company in Bashkiria throughout the war. Aleksandr Matveyevich jokes that his job title suited his last name very well – he was an oiler in the engine room. Aleksandr Matveyevich celebrated Victory Day in the firebox of a steamboat boiler.

    “There were three people on watch in the engine rooms. The mechanic was the main one. I was the oiler. And the third was the stoker. It was dark to go back to the city, we had to spend the night somewhere. It was cold in the steamer itself. We cleared the boiler firebox of ash, threw in rags – one of our materials that we used to clean the mechanisms so that they would work smoothly. And we spent the night right in the firebox. Suddenly the whistle blew. They were shouting – victory, victory! They announced that we had won, the war was over.”

    Marina Malyutina’s performance

    Marina Malyutina, Vice-Rector for Youth Policy, spoke about our university’s contribution to the Victory. More than 950 students, postgraduates, teachers, employees and graduates of LISI went to the active army, to hospitals, medical battalions, and air defense units. Teachers and professors designed and supervised the construction of pillboxes, bunkers, and other defensive structures outside the city, camouflaged military facilities and architectural monuments. It was largely due to their efforts that not a single monument was destroyed during the 900 days of the siege. From March 1942 to August 1944, the institute’s staff was evacuated, where scientific research continued and the educational process did not stop. In 1945, the Leningrad Civil Engineering Institute was awarded the Order of the Red Banner of Labor. Many teachers, employees and students were awarded medals “For the Defense of Leningrad”.

    Marina Viktorovna is sure that the memory of the war is a powerful factor in uniting people and forming national unity. “The exploits of previous generations are a moral guideline that inspires us to new achievements and hard work. We at SPbGASU will continue to preserve and increase the memory of the generation of victors and their legacy, educate highly qualified civil engineers and architects who will strengthen the sovereignty of our country with their work.”

    The Chairman of the Regional Public Organization “Association of Veterans of the Special Military Operation “Defenders of the Motherland”” Georgy Zhuravlev spoke to the participants of the memorial event. He spoke about the exploits of his family members during the Great Patriotic War and noted: through the stories of his loved ones, he understood what fascism brings to this world, so he went to the SVO. He took part in military operations near Kharkov, was seriously wounded, and was awarded the Order of Courage. Georgy Zhuravlev emphasized: now, when our country is facing new challenges, we are obliged to win the war against the new Nazism.

    The participants of the solemn ceremony observed a minute of silence in memory of the fallen defenders of the Motherland and laid flowers at the memorial plaques on the balustrade of the main building of the university. A concert prepared by the Student Leisure and Creativity Center “Kirpich” took place in the assembly hall.

    An exhibition entitled “Faces of Victory” opened on the lower balustrade, dedicated to the teachers, students, and graduates of our university who fought during the Great Patriotic War or worked in the rear, performing the most important tasks for the country.

    Aleksandr Vasilyevich Prygunov (1907–1943) – Hero of the Soviet Union, graduate of the Institute of Municipal Construction Engineers (as our university was then called) in 1936. From the end of 1941, he commanded a sapper platoon on the Karelian Front. From May 1943, he took command of a sapper company, which distinguished itself in equipping three bypasses and restoring two bridges across the Lisenok River in the Gaivoronsky District of the Kursk Region, ensuring the timely passage of all divisional cargo.

    In the autumn of 1943, the brigade was tasked with forcing the Dnieper with assault troops. On the night of September 27, 1943, the company’s grenadiers ferried the first assault troops across the Dnieper, quickly set up a ferry crossing and began delivering artillery, ammunition and soldiers. The enemy opened fierce artillery and mortar fire on the crossing. Most of the boats were damaged, but Senior Lieutenant Prygunov, organizing repairs to the watercraft, and his soldiers continued to selflessly work on the crossing and the two surviving boats. Fierce fighting continued for two days. Despite the losses suffered and the lack of ferry equipment, Prygunov’s sapper company, under enemy fire, transported 17 artillery pieces, 117 boxes of ammunition, 557 soldiers and officers, as well as a large amount of other military equipment across the Dnieper in two nights. On September 29, 1943, A. V. Prygunov was mortally wounded by a shell fragment in the chest.

    For exemplary performance of combat missions, Senior Lieutenant A. V. Prygunov was posthumously awarded the title Hero of the Soviet Union.

    Ivan Ivanovich Solomakhin (1908–1989) is a graduate of the Leningrad Institute of Municipal Construction (another name for our university). In early 1943, Solomakhin’s battalion took part in Operation Iskra on the Leningrad and Volkhov Fronts to break through the blockade, and in the summer in the battles for the Sinyavin Heights. During battles with his battalion of sappers, using cold weapons, he was able to capture the “Devil’s Height,” which had been fought for over a year. As a result of the surprise attack, several hundred fascists were killed and 120 were captured. The engineering battalion lost 16 people killed and 26 wounded. He was awarded seven orders and three medals. A passage in the Kirovsky District of St. Petersburg is named after Ivan Solomakhin.

    In addition, the exhibition “The University During the War Years”, prepared by the historical and information center of SPbGASU, is open in the university museum (room 213). Anyone can visit it.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: India’s MICE Industry Set to Be a Major Economic Driver, Generating High-Quality Jobs: Union Tourism Minister Shri Gajendra Singh Shekhawat

    Source: Government of India

    India’s MICE Industry Set to Be a Major Economic Driver, Generating High-Quality Jobs: Union Tourism Minister Shri Gajendra Singh Shekhawat

    ‘Meet in India Conclave 2025 organized in Jaipur, Rajasthan

    Strong focus on state-led promotion, public-private partnerships, and seamless connectivity to support the MICE sector

    MICE tourism is recognized as a key driver for economic growth and job creation in India

    Posted On: 05 MAY 2025 8:33AM by PIB Delhi

    The Ministry of Tourism, Government of India, in collaboration with the Department of Tourism, Government of Rajasthan, and the Federation of Indian Chambers of Commerce & Industry (FICCI), organized the Meet in India Conclave on 4th May 2025 at Jaipur, Rajasthan on the sidelines of the 14th Great Indian Travel Bazaar (GITB).

    Union Minister of Tourism & Culture, Shri Gajendra Singh Shekhawat,   addressed the conclave and said that India’s Meetings, Incentives, Conferences, and Exhibitions (MICE) Industry is set to be a major economic driver, generating high-quality jobs. Speaking at the conclave, Shri Shekhawat said, India’s MICE industry is rapidly emerging as a global powerhouse, fuelled by robust economic growth, world-class infrastructure, and strong government backing. States across the country are unlocking tourism opportunities in their own unique ways — and now, it’s time for India to position itself firmly on the global MICE map.

    With iconic venues like Bharat Mandapam, Yashobhoomi, Jio World Centre etc. and with special focus on MICE, we aim to elevate at least 10 Indian cities into the world’s top MICE destinations. Guided by Prime Minister Shri Narendra Modi’s visionary leadership, and with states like Rajasthan leading through legacy and innovation, India is poised to become the world’s most admired tourism and events destination,” the Tourism Minister added while highlighting the growing potential of the country in the MICE segment.

    More than 300 delegates and participants attended the event consisting of International MICE Companies/Operators, Domestic MICE Companies/Professional Conference organizers, Speakers, Foreign Tour Operators specialized in MICE invited for GITB, Secretaries from States / UTs, Media, Stakeholders from various Tourism and Hospitality Associations, Local Stakeholders (Hotels, DMCs, Associations, GITB, officials from States / UTs, exhibitors etc.) etc.

    The India MICE market generated a revenue of USD 49,402.6 million in 2024 and is expected to reach USD 103,686.5 million by 2030 while registering a growth of 13% CAGR. This growth is fuelled by the recent developments in MICE-ready destinations coming up in cities like Varanasi, Khajuraho, Kochi etc. Over the last decade, India has shown a tremendous growth curve in infrastructure with be it the construction of roads over 1,50,000 km, new railway stations, semi high-speed trains, inland waterways, more than 150 operational airports and over 2.48 million hotel rooms. Further, India’s hosting of G20 nations has reinforced India’s growing venue network and regional tourism potential.

    Vice Chairperson, NITI Aayog, Shri Suman Bery, emphasized, “The vision laid by Hon’ble PM during India’s G20 presidency has opened new pathways. It is now up to states to build on this momentum. From deregulation to concert tourism, India has the opportunity to become a global hub for events and experiences.”

    Highlighting Rajasthan as an emerging MICE destination, Deputy Chief Minister of Rajasthan, Ms. Diya Kumari, said, “Rajasthan is not just a heritage destination — it is a vibrant, future-ready hub for MICE tourism. With state-of-the-art convention centres, seamless connectivity, digital infrastructure, and world-class hospitality, we are building a dynamic ecosystem that blends tradition with transformation”Elucidating Rajasthan’s commitment to MICE not as a short-term effort, but as a strategic priority to drive growth, innovation, and global visibility, the Deputy CM of Rajasthan said, “Rajasthan is ready — not just to welcome conferences, but to offer an unforgettable, enriching experience.”

    Deputy Chief Minister, Smt. Pravati Parida, while addressing the gathering said, whether it’s conferences or exhibitions, India is ready to welcome the world—and Odisha stands proudly among the leading states. From the spiritual serenity of Puri to the architectural marvel of Konark, our state offers not only robust infrastructure but also a rich cultural tapestry for all to experience.

    Additional Secretary & Director General of Tourism, Mr. Suman Billa, set the context for MICE in India conclave and added that “A unified national strategy, skilled talent, digital tools, and strong state-led promotion can propel us into the top five MICE markets by 2025.” While India already has the necessary infrastructure and market demand, he pointed out that the real challenge lies in coordination. Mr Billa emphasized the need for city-level convention promotion bureaus, a strong national MICE brand, skill development academies, and a seamless digital portal.

    Dr. Jyotsna Suri, Past President, FICCI highlighted that India is no longer just a leisure destination and We are now ready to take on the world as a leading MICE destination. With exceptional infrastructure, seamless connectivity, and the proven capabilities we demonstrated during the G20, we have everything it takes to host large-scale global conventions. Through platforms like the Great Indian Travel Bazaar and Meet in India, we are not just showcasing our potential — we are inviting the world to collaborate, catalyse, and say, ‘Let’s meet in India”.

    Post inaugural keynote address was deliver by Dr. Senthil Gopinath, CEO, International Congress and Convention Association (ICCA. The event concluded with three sessions on  Catalyzing Growth: How Tourism Policies are Attracting MICE Opportunities, Unlocking India’s MICE Tourism Potential: Elevating Convention Centres to Attract Global MICE Events and  Strategizing for Success: Crafting Policies & Marketing India as a Global MICE Hub. B2B sessions for the buyers and sellers were also organised.

    Following the conclave, the 14th edition of GITB will commence from May 5–6 at the Jaipur Exhibition and Convention Centre (JECC).

    ***

    Sunil Kumar Tiwari

    tourism4pib[at]gmail[dot]com

    (Release ID: 2126905) Visitor Counter : 25

    MIL OSI Asia Pacific News

  • MIL-Evening Report: Late counting continues in several seats, with Goldstein and Melbourne among those too close to call

    Source: The Conversation (Au and NZ) – By Adrian Beaumont, Election Analyst (Psephologist) at The Conversation; and Honorary Associate, School of Mathematics and Statistics, The University of Melbourne

    With 78% of enrolled voters counted, the ABC is calling 85 of the 150 House of Representatives seats for Labor, 39 for the Coalition, zero for the Greens and 10 for all Others, with 16 still undecided. The Poll Bludger has Labor ahead in 94 seats, the Coalition in 41, the Greens in one and all Others in 14.

    Undecided seats can be sorted into several categories. In some seats, the Australian Electoral Commission selected the incorrect final two candidates, and is slowly redoing this count with the correct two candidates. From the small number of votes that have been realigned, the ABC has estimates of what the two candidate vote will be when all current votes in that seat are realigned.

    This category applies to Greens leader Adam Bandt’s Melbourne, and he’s currently estimated to be trailing Labor’s Sarah Witty by an estimated 2,896 votes. The ABC says the sample of votes counted so far may be skewed against Bandt.

    Other seats in this category are Labor-held Fremantle, where a teal is estimated to be ahead by just 196 votes, Labor-held Bendigo (Nationals lead Labor by an estimated 1,285 votes) and Labor-held Bean (an independent leads Labor by an estimated 206 votes).

    This election was a disaster for the Coalition, yet they are likely to gain Bendigo, which Labor won by 61.2–38.8 at the 2022 election.

    Bradfield, Goldstein and Kooyong are teal independent vs Liberal contests. The Liberals have surged on postals in all three, and Liberal Tim Wilson will regain Goldstein if the remaining postals behave like current postals. The teals look better in Bradfield and Kooyong.

    Bullwinkel, Menzies and Longman are standard two-party contests. Labor should win Menzies, and is more likely than not to win the other two, once left-leaning absent votes start being counted.

    Calwell is currently undecided because both major parties’ primary votes slumped. It’s possible that an independent could win from third or fourth by getting ahead of the Liberals then using their preferences to beat Labor.

    In Monash and Flinders, the Liberals are beating Labor, but a teal independent is close behind Labor and may move ahead of Labor after preferences from the Greens and other minor candidates. The Liberals will probably defeat the teal if these are the final two.

    Ryan and Wills are Labor vs Greens contests. In Ryan, the contest is to finish second, then beat the Liberal National Party on the other left party’s preferences. The Greens are just ahead of Labor in Ryan at the moment. Wills is a standard two-candidate contest that Labor is currently winning comfortably.

    We won’t have a national two-party result for some time

    Current national primary votes are 34.8% Labor (up 2.2% since 2022), 32.1% Coalition (down 3.6%), 11.8% Greens (down 0.4%), 6.2% One Nation (up 1.3%), 1.9% Trumpet of Patriots (down 2.3% on United Australia Pary’s 2022 vote), 7.6% independents (up 2.3%) and 5.6% others (up 0.5%).

    The Coalition does best and the Greens do worst on early postals, which have been added since election night. Absent votes need to be posted back to their home electorate before they can be counted. On these votes, the Greens do best and the Coalition does the worst.

    As the major parties’ primary votes are low, there are many seats where Labor and Coalition candidates will not be the final two. There are currently 28 “non-classic” seats, where one of the major parties did not make the final two.

    The electoral commission’s first priority is to determine which candidate has won every seat. Once this is finished, they will conduct a second count in all non-classic seats between the Labor and Coalition candidates. When all such counts are completed, we will have a final official two-party result, but this won’t happen for at least a few weeks.

    The ABC’s current estimate for the two-party vote is a Labor win by 55.0–45.0, while The Poll Bludger estimates a Labor win by 54.1–45.9. The electoral commission’s current figure of 54.7–45.3 to Labor excludes all non-classic seats.

    Adrian Beaumont does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Late counting continues in several seats, with Goldstein and Melbourne among those too close to call – https://theconversation.com/late-counting-continues-in-several-seats-with-goldstein-and-melbourne-among-those-too-close-to-call-255868

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Russia: Rosneft employees performed the Victory Waltz in Yugra and Yamal

    Translation. Region: Russian Federal

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    In honor of the 80th anniversary of the Victory, Samotlorneftegaz and Sevkomneftegaz (Rosneft production enterprises in Yugra and Yamal) held a patriotic event, “Victory Waltz,” in Nizhnevartovsk and Gubkinsky, in which representatives of three generations took part: veterans, employees of enterprises, and students of “Rosneft classes.”

    The famous waltz “Blue Handkerchief” was chosen for the production; it was performed for soldiers on the fronts of the Great Patriotic War by Klavdiya Shulzhenko and other famous artists.

    Preparation for the action took Samotlorneftegaz employees a month of continuous training. Under the guidance of choreographers, the participants of the event honed every movement and practiced their acting skills.

    The result of intensive rehearsals was a bright and emotional performance of 40 dance couples on the eve of Victory Day to the legendary composition. The production was presented at three venues in Nizhnevartovsk – in Victory Park, at the memorial complex “First exploratory well of the Samotlor field R-1” and in front of the main office of the enterprise.

    Young men in gymnasterkas and girls in stylized dresses managed to create the atmosphere of May 1945, when after the announcement of Victory people danced and sang right on the streets of cities and towns. In the finale, the participants of the choreographic production lined up in the shape of the number “80”.

    SevKomNeftegaz employees performed at the G.V. Sviridov Children’s Art School in Gubkinsky. The dance couples included the spouses of the company’s employees, which gave the performance a special emotionality. In addition, a dance to the chords of the nationally beloved waltz was performed at the Eternal Flame in Gubkinsky for participants in the patriotic motor rally of Rosneft enterprises, students of Rosneft classes, activists of the Movement of the First and the public organization Veteran.

    The “Victory Waltz” campaign became a sign of deep gratitude to the generation of victors from their children, grandchildren and great-grandchildren. The creative project evoked a lively response from the city residents.

    Rosneft organizes and actively participates in patriotic events that help strengthen historical memory and foster civic responsibility. The Company also supports projects aimed at reviving and preserving cultural, spiritual and national values. Currently, with the support of the Company, the Sretensky Monastery Choir is touring 24 cities in Russia with a musical production dedicated to the 80th anniversary of Victory in the Great Patriotic War.

    Department of Information and Advertising of PJSC NK Rosneft May 5, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI: Virtune AB (Publ) (“Virtune”) has completed the monthly rebalancing for April 2025 of its Virtune Crypto Top 10 Index ETP, the first crypto index ETP in the Nordics

    Source: GlobeNewswire (MIL-OSI)

    Stockholm, 5th of May 2025 – Today Virtune announces that it has finalized its monthly rebalancing for Virtune Crypto Top 10 Index ETP, listed on Nasdaq Stockholm for both the SEK-denominated (ISIN code SE0020052207, ticker name VIR10SEK) and the EUR-denominated (ISIN code SE0020052215, ticker name VIR10EUR) ETP.

    In addition to the Virtune Crypto Top 10 Index ETP, Virtune’s product portfolio includes:

    Virtune Bitcoin ETP
    Virtune Stellar ETP
    Virtune Staked Ethereum ETP
    Virtune Staked Solana
    Virtune Staked Polkadot ETP
    Virtune XRP ETP
    Virtune Avalanche ETP
    Virtune Litecoin ETP
    Virtune Chainlink ETP
    Virtune Arbitrum ETP
    Virtune Staked Polygon ETP
    Virtune Staked Cardano ETP
    Virtune Crypto Altcoin Index ETP

    Index allocation as of 30th of April (before rebalancing):

    Bitcoin 42.70%
    Ethereum: 26.23%
    XRP: 15.95%
    Solana: 8.82%
    Cardano: 2.91%
    Chainlink: 1.12%
    Avalanche: 1.07%
    Litecoin: 0.77%
    Uniswap: 0.42%

    Index allocation as of 30th of April (after rebalancing):

    Bitcoin: 40.00%
    Ethereum: 27.19%
    XRP: 16.24%
    Solana: 9.81%
    Cardano: 3.09%
    Chainlink: 1.24%
    Avalanche: 1.17%
    Litecoin: 0.79%
    Uniswap: 0.48%

    In connection with this month’s rebalancing, there is no change in the crypto assets included in the index. Virtune Crypto Top 10 Index ETP SEK outcome for April was +4.39%.

    The rebalancing is carried out according to the index that the ETP tracks, the Virtune Vinter Crypto Top 10 Index. The purpose of the monthly rebalancing is to ensure that the ETP always reflects the current market conditions and to effectively absorb volatility in the crypto market.

    In April, crypto markets rebounded strongly. Solana surged +18.6%, followed by Bitcoin at +14.2% and Avalanche at +11.4%. Most other assets saw modest gains, while Ethereum dipped -1.58% and Uniswap dropped -11.6%, making it the weakest performer in the Virtune Crypto Top 10 Index ETP.

    The performance of the crypto assets included in Virtune Crypto Top 10 Index ETP in April:

    Solana: +18.6%
    Bitcoin: +14.2%
    Avalanche: +11.4%
    Chainlink: +5.91%
    XRP: +4.98%
    Cardano: +3.17%
    Litecoin: +0.77%
    Ethereum: -1.45%
    Uniswap: -11.6%

    Virtune’s crypto index ETP is the first of its kind in the Nordic region. The ETP includes up to 10 leading crypto assets that are part of the Nasdaq Crypto Index, based on their total market capitalization, with a maximum weight of 40% per crypto asset to promote diversification. This allows investors to benefit from broad exposure to the crypto market without being heavily concentrated in any single crypto asset.

    If you, as an (institutional) investor, are interested in meeting with Virtune to discuss the opportunities our ETPs offer for your asset management services or to learn more about Virtune and our ETPs, please do not hesitate to contact us at hello@virtune.com. You can also read more about Virtune and our ETPs at www.virtune.com and register your email address on our website to subscribe to our newsletters, which cover updates on Virtune’s upcoming ETP launches and other news related to digital assets.

    Press contact
    Christopher Kock, CEO Virtune AB (Publ)
    Christopher@virtune.com
    +46 70 073 45 64

    Virtune with its headquarters in Stockholm is a regulated Swedish digital asset manager and issuer of crypto exchange traded products on regulated European exchanges. With regulatory compliance, strategic collaborations with industry leaders and our proficient team, we empower investors on a global level to access innovative and sophisticated investment products that are aligned with the evolving landscape of the global crypto market.

    Cryptocurrency investments are associated with high risk. Virtune does not provide investment advice. Investments are made at your own risk. Securities may increase or decrease in value, and there is no guarantee that you will recover your invested capital. Please read the prospectus, KID, terms at www.virtune.com.

    The MIL Network

  • MIL-OSI Economics: Money Market Operations as on May 03, 2025

    Source: Reserve Bank of India


    (Amount in ₹ crore, Rate in Per cent)

      Volume
    (One Leg)
    Weighted
    Average Rate
    Range
    A. Overnight Segment (I+II+III+IV) 15,299.26 5.55 4.01-5.95
         I. Call Money 1,879.60 5.55 5.25-5.95
         II. Triparty Repo 13,294.90 5.57 5.26-5.78
         III. Market Repo 124.76 4.24 4.01-4.51
         IV. Repo in Corporate Bond 0.00
    B. Term Segment      
         I. Notice Money** 10.00 5.50 5.50-5.50
         II. Term Money@@ 0.00
         III. Triparty Repo 0.00
         IV. Market Repo 0.00
         V. Repo in Corporate Bond 0.00
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
      (III) Long Term Operations^          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF# Sat, 03/05/2025 1 Sun, 04/05/2025 26.00 6.25
      Sat, 03/05/2025 2 Mon, 05/05/2025 448.00 6.25
    4. SDFΔ# Sat, 03/05/2025 1 Sun, 04/05/2025 1,60,719.00 5.75
      Sat, 03/05/2025 2 Mon, 05/05/2025 10,337.00 5.75
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -1,70,582.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo Fri, 02/05/2025 14 Fri, 16/05/2025 149.00 6.01
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo Fri, 02/05/2025 3 Mon, 05/05/2025 6,231.00 6.01
         (b) Reverse Repo          
      (III) Long Term Operations^          
         (a) Repo Thu, 17/04/2025 43 Fri, 30/05/2025 25,731.00 6.01
         (b) Reverse Repo          
    3. MSF# Fri, 02/05/2025 2 Sun, 04/05/2025 0.00 6.25
      Fri, 02/05/2025 3 Mon, 05/05/2025 55.00 6.25
    4. SDFΔ# Fri, 02/05/2025 2 Sun, 04/05/2025 0.00 5.75
      Fri, 02/05/2025 3 Mon, 05/05/2025 7,984.00 5.75
    D. Standing Liquidity Facility (SLF) Availed from RBI$       9,479.16  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     33,661.16  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -1,36,920.84  
    G. Cash Reserves Position of Scheduled Commercial Banks
         (i) Cash balances with RBI as on May 03, 2025 9,64,407.38  
         (ii) Average daily cash reserve requirement for the fortnight ending May 16, 2025 9,41,653.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ May 02, 2025 6,380.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on April 18, 2025 2,02,749.00  
    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
    – Not Applicable / No Transaction.
    ** Relates to uncollateralized transactions of 2 to 14 days tenor.
    @@ Relates to uncollateralized transactions of 15 days to one year tenor.
    $ Includes refinance facilities extended by RBI.
    & As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
    Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
    ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
    # As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
    ^ As per the Press Release No. 2025-2026/91 dated April 11, 2025.
    Ajit Prasad          
    Deputy General Manager
    (Communications)    
    Press Release: 2025-2026/251

    MIL OSI Economics

  • MIL-OSI Economics: Money Market Operations as on May 04, 2025

    Source: Reserve Bank of India


    (Amount in ₹ crore, Rate in Per cent)

      Volume
    (One Leg)
    Weighted
    Average Rate
    Range
    A. Overnight Segment (I+II+III+IV) 0.00
         I. Call Money 0.00
         II. Triparty Repo 0.00
         III. Market Repo 0.00
         IV. Repo in Corporate Bond 0.00
    B. Term Segment      
         I. Notice Money** 0.00
         II. Term Money@@ 0.00
         III. Triparty Repo 0.00
         IV. Market Repo 0.00
         V. Repo in Corporate Bond 0.00
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
      (III) Long Term Operations^          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF# Sun, 04/05/2025 1 Mon, 05/05/2025 29.00 6.25
    4. SDFΔ# Sun, 04/05/2025 1 Mon, 05/05/2025 1,62,216.00 5.75
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -1,62,187.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo Fri, 02/05/2025 14 Fri, 16/05/2025 149.00 6.01
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo Fri, 02/05/2025 3 Mon, 05/05/2025 6,231.00 6.01
         (b) Reverse Repo          
      (III) Long Term Operations^          
         (a) Repo Thu, 17/04/2025 43 Fri, 30/05/2025 25,731.00 6.01
         (b) Reverse Repo          
    3. MSF# Sat, 03/05/2025 2 Mon, 05/05/2025 448.00 6.25
      Fri, 02/05/2025 3 Mon, 05/05/2025 55.00 6.25
    4. SDFΔ# Sat, 03/05/2025 2 Mon, 05/05/2025 10,337.00 5.75
      Fri, 02/05/2025 3 Mon, 05/05/2025 7,984.00 5.75
    D. Standing Liquidity Facility (SLF) Availed from RBI$       9,479.16  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     23,772.16  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -1,38,414.84  
    G. Cash Reserves Position of Scheduled Commercial Banks
         (i) Cash balances with RBI as on May 04, 2025 9,62,889.98  
         (ii) Average daily cash reserve requirement for the fortnight ending May 16, 2025 9,41,653.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ May 02, 2025 6,380.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on April 18, 2025 2,02,749.00  
    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
    – Not Applicable / No Transaction.
    ** Relates to uncollateralized transactions of 2 to 14 days tenor.
    @@ Relates to uncollateralized transactions of 15 days to one year tenor.
    $ Includes refinance facilities extended by RBI.
    & As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
    Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
    ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
    # As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
    ^ As per the Press Release No. 2025-2026/91 dated April 11, 2025.
    Ajit Prasad          
    Deputy General Manager
    (Communications)    
    Press Release: 2025-2026/252

    MIL OSI Economics

  • MIL-OSI: Danske Bank share buy-back programme: transactions in week 18

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 23 2025

    Danske Bank

    Bernstorffsgade 40

    DK-1577 København V

    Tel. + 45 33 44 00 00

    05 May 2025

    Page 1 of 1

    Danske Bank share buy-back programme: transactions in week 18

    On 7 February 2025, Danske Bank A/S announced a share buy-back programme for a total of DKK 5 billion, with a maximum of 45,000,000 shares, in the period from 10 February 2025 to 30 January 2026, at the latest, as described in company announcement no. 6 2025.

    The Programme is carried out in accordance with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and Council of 16 April 2014 (the “Market Abuse Regulation”) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (together with the Market Abuse Regulation, the “Safe Harbour Rules”).

    The following transactions on Nasdaq Copenhagen A/S were made under the share buy-back programme in week 18:

      Number of shares VWAP DKK Gross value DKK
    Accumulated, last announcement 3,988,879 220.8030 880,756,453
    28 April 2025 153,145 223.7029 34,258,981
    29 April 2025 450,000 227.2175 102,247,875
    30 April 2025 406,167 229.0336 93,025,890
    01 May 2025 179,271 230.2048 41,269,045
    02 May 2025 345,113 239.6084 82,691,974
    Total accumulated over week 18 1,533,696 230.4849 353,493,764
    Total accumulated during the share buyback programme 5,522,575 223.4918 1,234,250,217

    With the transactions stated above, the total accumulated number of own shares under the share buy-back programme corresponds to 0.661% of Danske Bank A/S’ share capital.

    Danske Bank

    Contact: Claus Ingar Jensen, Head of Group Investor Relations, tel. +45 25 42 43 70

    Attachment

    The MIL Network

  • MIL-OSI: Share repurchase programme: Transactions of week 18 2025

    Source: GlobeNewswire (MIL-OSI)

    The share repurchase programme runs as from 26 February 2025 and up to and including 30 January 2026 at the latest. In this period, Jyske Bank will acquire shares with a value of up to DKK 2.25 billion, cf. Corporate Announcement No. 3/2025 of 26 February 2025. The share repurchase programme is initiated and structured in compliance with the EU Commission Regulation No. 596/2014 of 16 April 2014, the so-called “Market Abuse Regulation”, and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (together with the Market Abuse Regulation, the “Safe Harbour Rules”).

    The following transactions have been made under the program:

      Number of
    shares
    Average purchase
    price (DKK)
    Transaction
    value (DKK)
    Accumulated, previous announcement 802,274 527.78 423,421,598
    28 April 2025 10,677 534.63 5,708,272
    29 April 2025 13,924 530.03 7,380,096
    30 April 2025 12,813 536.92 6,879,507
    1 May 2025 5,296 541.28 2,866,604
    2 May 2025 17,171 550.30 9,449,265
    Accumulated under the programme 862,155 528.57 455,705,343

    Following settlement of the transactions stated above, Jyske Bank will own a total of 3,627,273 of treasury shares, excluding investments made on behalf of customers and shares held for trading purposes, corresponding to 5.64% of the share capital.

    Attached to this corporate announcement, aggregated details on the transactions related to the share repurchase programme are shown by venue.
                                                             
    Yours faithfully,
    Jyske Bank

    Contact: Birger Krøgh Nielsen, CFO, tel. +45 89 89 64 44.

    Attachment

    The MIL Network

  • MIL-OSI Russia: Polytechnic University hosted an educational online forum for future masters

    Translation. Region: Russian Federal

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    The Peter the Great St. Petersburg Polytechnic University held an online educational forum for future masters, attended by students from all over Russia. The event was traditionally organized by the SPbPU Applicant Work Center.

    The forum was held online for the fifth time, which allowed to attract participants from different regions of the country. More than 500 applications were received, and 470 people successfully completed the program. Students were able to listen to lectures, ask questions and get advice on further education and career.

    Leonid Potapov, Head of the ITAT Training System Development Program of the Gazprom Neft Information Technology, Automation and Telecommunications Department, spoke at the opening of the forum. He spoke about the development of IT competencies in modern business and shared the company’s view on the training of young specialists.

    The forum program covered key areas of training at the Polytechnic University — from high-tech engineering specialties and applied biotechnology to economics, management, and the humanities. Participants not only learned about modern challenges in their fields, but also had the opportunity to gain a deeper understanding of the nuances of future professions. Various master classes and interactive sessions were organized for this purpose.

    Particular attention was paid to preparing for the portfolio competition, one of the tools for admission to the Polytechnic University Master’s program. Thanks to it, applicants’ achievements are taken into account during admission: participation in forums, publications, research activities, professional experience, etc. The points scored can significantly increase the chances of admission to the chosen educational program. Participation in the forum and successful completion of tasks provide an opportunity to receive additional points for the portfolio.

    We strive to create the most comfortable conditions for students to make a conscious choice of their educational trajectory. The success of applicants in their professional career depends on how carefully they approach the choice of a master’s program. The forum helps future master’s students better understand what area they want to develop in and what direction to build their career in, – noted the project manager, leading analyst of the Directorate of Continuing Education and Industry Partnership Natalia Ivanova.

    Over the course of four intense days, participants worked with theoretical materials, analyzed real cases, and learned practical solutions from industry experts. Students learned to identify errors, develop recommendations, and offer their own options for project development. This practical focus significantly increased the level of involvement of participants and prepared them for the possible challenges that await them on their professional path.

    Following the forum, 238 participants became winners of the competition tasks and will receive an additional 45 points when entering the Polytechnic University Master’s program.

    The forum turned out to be an excellent opportunity to get acquainted with current trends in various industries and understand which competencies are most in demand today. Practical tasks for solving a case were especially useful and exciting for me, since they gave the opportunity to immediately apply the acquired knowledge in practice, – noted forum participant Maria Korchevnyuk.

    The forum became not only an important stage in the preparation of future masters, but also a platform for the exchange of experience and ideas, which will undoubtedly serve as the basis for the further professional growth of its participants.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-Evening Report: View from The Hill: a budding Trump-Albanese bromance?

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    It took an election win, but Anthony Albanese on Monday finally received that much-awaited phone call from US President Donald Trump.

    The conversation was “warm and positive,” the prime minister told a news conference, thanking the president for “reaching out”.

    “I won’t go into all of the personal comments that he made, but he was very generous in his personal warmth and praise towards myself. He was fully aware of the [election] outcome and he expressed the desire to continue to work with me in the future.”

    While they talked about tariffs (as well as AUKUS), the detailed engagement on that sensitive matter was left for later.

    Trump, as they say, loves a winner.

    When asked earlier in Washington about the Australian election, Trump said he was “very friendly” with Albanese.

    “I don’t know anything about the election other than the man that won, he’s very good, he’s a friend of mine,” the president said. Albanese had been “very, very nice to me, very respectful to me.

    “I have no idea who the other person is that ran against him.” There’s more than a touch of irony in this, given all the effort by the government and his other opponents to paint Peter Dutton as “Trump-lite”.

    The prime minister is likely to meet Trump soon, perhaps in June. Albanese has been invited to the G7 meeting in Canada. Trump may or may not be there but a meeting could be arranged around this.

    On the tariff front, the government is readying to defend the local film industry, after Trump announced a 100% tariff on all movies going into the United States.

    Arts Minister Tony Burke said: “Nobody should be under any doubt that we will be standing up unequivocally for the rights of the Australian screen industry.”

    Indonesia to be Albanese’s first foreign visit of new term

    Albanese announced his first overseas visit would be to Indonesia. This will be a particularly important visit, given the significance of the bilateral relationship and the recent Russian request (which Indonesia rejected) to base planes in Papua.

    Indonesian President Prabowo Subianto congratulated Albanese on his win in a call on Sunday.

    In the call, Albanese asked the president to host his first overseas visit, and the president said it would be “a great honour” to do so.

    Meanwhile, in the next few days Labor’s factions will be jostling over the spoils of victory. The factions work out broadly the membership of the frontbench, but Albanese, given he has massive authority with the huge win, will be able to impose his will in this process where he wants to do so. The prime minister allocates the portfolios.

    Although there will be changes, Labor sources are expecting substantial continuity between the old and new ministries, especially at the higher level.

    Albanese has previously confirmed top cabinet members, notably Treasurer Jim Chalmers, Foreign Minister Penny Wong, Defence Minister Marles, Finance Minister Katy Gallagher and Trade Minister Don Farrell, will remain in their present ministries.

    Most interest is in whether Environment Minister Tanya Plibersek is moved. Albanese would not say, when asked during the campaign, whether she would remain in environment although he confirmed she would stay in cabinet. Albanese and Plibersek have had a poor relationship over decades. She had expected to become education minister after the last election and was shocked to be given the environment portfolio/

    Albanese told his news conference “I want Labor to be the natural party of government”.

    Knife out for Angus Taylor

    What goes around comes around. Outgoing NSW Liberal senator Hollie Hughes, who blamed shadow treasurer
    Angus Taylor for her loss of preselection because he endorsed the candidate who beat her, has unleashed on Taylor’s leadership aspirations.

    Hughes told the ABC on Monday she would not support Taylor to be the next leader.

    She said the opposition’s economic narrative “was just completely non-existent. I’m not quite sure what [Taylor has] been doing for three years.

    “There was no tax plan, I think the economic team has significantly let down the parliamentary team, it’s let down our membership, it’s let down our supporters and it’s let down people in Australia broadly – the fact they had nothing to sell, nothing to say, and clearly had not done the work that was required.”

    She said deputy leader Sussan Ley had done “a fantastic job over the past three years and I’m hopeful that she will definitely still be part of our leadership.”

    Four names are in the mix for the successor to Peter Dutton, who lost his seat of Dickson in Saturday’s rout. They are Taylor, Ley, immigration spokesman Dan Tehan and defence spokesman Andrew Hastie. None has yet declared their candidature.

    Hastie told The West Australian at the weekend, “I certainly want to be able to drive change within the party itself and what that looks like will be up to my colleagues to determine”.

    Michelle Grattan does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. View from The Hill: a budding Trump-Albanese bromance? – https://theconversation.com/view-from-the-hill-a-budding-trump-albanese-bromance-255619

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI China: Buffett, Cook stress dangers of new US tariff policy

    Source: People’s Republic of China – State Council News

    Billionaire investor Warren Buffett and Apple CEO Tim Cook have joined a chorus of business leaders warning against Washington’s tariff-driven trade policies, highlighting that they are inflating costs for companies in the United States and harming economic growth.

    Their remarks show that even large corporations with diversified supply chains, like Apple, are feeling the strain, while smaller US enterprises reliant on imports face bigger risks, industry experts said.

    “Trade should not be a weapon,” Buffett, the chairman and CEO of Berkshire Hathaway, told the company’s annual shareholders meeting on Saturday in Omaha, Nebraska.

    “It’s a big mistake, in my view, when you have seven and a half billion people that don’t like you very well, and you got 300 million that are crowing in some way about how well they’ve done — I don’t think it’s right, and I don’t think it’s wise,” said Buffett.

    He said tariffs had “led to bad things”.

    “Just the attitudes it’s brought out. In the US, I mean, we should be looking to trade with the rest of the world and we should do what we do best and they should do what they do best,” Buffett said.

    He emphasized that US prosperity hinges on global economic health.

    “I do think that the more prosperous the rest of the world becomes, it won’t be at our expense, the more prosperous we’ll become, and the safer we’ll feel and your children will feel someday,” he added.

    The remarks followed data showing that the US economy contracted for the first time in three years, swamped by a flood of imports as businesses raced to avoid higher costs from tariffs.

    The US GDP decreased at an annualized rate of 0.3 percent in the first quarter of 2025 compared with the preceding quarter, marking the first decline in three years, said Reuters, quoting a report from the US Commerce Department.

    Cook from Apple revealed on Thursday that tariffs could add $900 million to the US tech company’s costs this quarter.

    “Assuming the current global tariff rates, policies, and applications do not change for the balance of the quarter and no new tariffs are added, we estimate the impact to add $900 million to our costs,” he told a quarterly earnings call.

    About 90 percent of Apple’s iPhone, its most profitable product, is produced in China, according to estimates by the Los Angeles-based financial services firm Wedbush Securities.

    Bai Ming, a researcher at the Chinese Academy of International Trade and Economic Cooperation in Beijing, said the “America First” approach has backfired, with tariffs raising input costs for manufacturers, squeezing consumer prices, and eroding business confidence.

    “The tariffs hit the US companies very hard. It is ultimately American consumers that pay the extra bill,” Bai added.

    Jeffrey Sachs, a world-renowned professor of economics and director of the Center for Sustainable Development at Columbia University, told China Daily that Washington’s tariff policy is “destructive for the United States and disruptive for the world”.

    “Protectionism will fail and increasingly isolate the US in the world economy and politics. There are few countries that will accept Trump’s approach, even in Europe,” Sachs added.

    MIL OSI China News

  • MIL-OSI: Artea – new name of Šiaulių Bankas

    Source: GlobeNewswire (MIL-OSI)

    On May 5, 2025, Artea Bank will officially begin operations. This marks a historic and strategic transformation, as Šiaulių Bankas adopts a new name after more than 30 years of serving the Lithuanian market. The bank has also introduced new equity ticker on the Nasdaq Baltic Exchange: ROE1L.

    “We are turning a new page in our history, inspired by the trust shown to us by businesses, consumers and investors. Our ambition is to become the best bank in Lithuania and the first choice for the residents and corporations. The new name is a strategic decision that will strengthen our ability to achieve this goal.

    This decision has been maturing for some time, and we feel that now is the best time to proceed, as we have grown into a universal bank specializing in the Lithuanian market and we intend to continue develop our business in this direction,” says Vytautas Sinius, Chief Executive Officer of Artea Bank.

    From now on, the bank will unite all of the group companies – asset management, life insurance, consumer credit, and multi-apartment modernization funds – under one brand Artea. The new website address is www.artea.lt.

    The name Artea deliberately combines elements that convey the bank’s vision and commitment to being closer to its customers through a modern form and national identity.

    Artea emphasizes accessible, flexible and modern banking services for corporate and private customers.

    The rebranding is part of the bank’s updated strategy for 2024–2029. The bank announced the name change publicly in early March, 2025 prior to the general meeting of shareholders and on March 31 the general meeting of shareholders unanimously approved the decision to change the name to Artea Bank. On May 5, 2025 the bank’s articles of association with the new name were registered in the Register of Legal Entities of Lithuania, and Šiaulių Bankas officially became Artea Bank.

    Artea remains the largest independently owned bank in Lithuania. The bank’s main shareholders  – Lithuanian business leaders Invalda INVL, Tesonet Global, Willgrow, and the international European Bank for Reconstruction and Development (EBRD) – remain unchanged.

    If you would like to receive Artea Bankas news for investors directly to your inbox, subscribe to our newsletter.

    Additional information:
    Tomas Varenbergas
    Head of Investment Management Division
    tomas.varenbergas@artea.lt , +370 610 44447

    The MIL Network

  • MIL-OSI: Municipality Finance issues a GBP 50 million tap under its MTN programme

    Source: GlobeNewswire (MIL-OSI)

    Municipality Finance Plc
    Stock exchange release
    5 May 2025 at 10:00 am (EEST)

    Municipality Finance issues a GBP 50 million tap under its MTN programme

    On 6 May 2025 Municipality Finance Plc issues a new tranche in an amount of GBP 50 million to an existing benchmark issued on 7 March 2024. With the new tranche, the aggregate nominal amount of the benchmark is GBP 550 million. The maturity date of the benchmark is 2 October 2028. The benchmark bears interest at a fixed rate of 4.375 % per annum.

    The new tranche is issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular, the supplemental offering circular and final terms of the notes are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors.

    MuniFin has applied for the new tranche to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on 6 May 2025. The existing notes in the series are admitted to trading on the Helsinki Stock Exchange.

    UBS Europe SE acts as the Dealer for the issue of the new tranche.

    MUNICIPALITY FINANCE PLC

    Further information:

    Joakim Holmström
    Executive Vice President, Capital Markets and Sustainability
    tel. +358 50 444 3638

    MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions. The owners of the company include Finnish municipalities, the public sector pension fund Keva and the State of Finland.
    The Group’s balance sheet is over EUR 53 billion.

    MuniFin builds a better and more sustainable future with its customers. Our customers include municipalities, joint municipal authorities, wellbeing services counties, joint county authorities, corporate entities under the control of the above-mentioned organisations, and affordable social housing. Lending is used for environmentally and socially responsible investment targets such as public transportation, sustainable buildings, hospitals and healthcare centres, schools and day care centres, and homes for people with special needs.

    MuniFin’s customers are domestic but the company operates in a completely global business environment. The company is an active Finnish bond issuer in international capital markets and the first Finnish green and social bond issuer. The funding is exclusively guaranteed by the Municipal Guarantee Board.

    Read more: https://www.kuntarahoitus.fi/en/

    Important Information

    The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into any such country or jurisdiction or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, any securities or other financial instruments in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

    This communication does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

    The MIL Network

  • MIL-OSI: Share buyback programme – week 18

    Source: GlobeNewswire (MIL-OSI)

    Nasdaq Copenhagen
    Euronext Dublin
    London Stock Exchange
    Danish Financial Supervisory Authority
    Other stakeholders

    Date        5 May 2025

    Share buyback programme week 18

    The share buyback programme runs in the period 28 January 2025 up to and including 28 May 2025, see company announcement of 28 January 2025.

    During the period the bank will thus buy back its own shares for a total of up to DKK 500 million under the programme, but to a maximum of 800,000 shares.

    The programme is implemented in compliance with EU Commission Regulation No. 596/2014 of 16 April 2014 and EU Commission Delegated Regulation No. 2016/1052 of 8 March 2016, which together constitute the “Safe Harbour” regulation.

    The following transactions have been made under the programme:

    Date Number of shares Average purchase price (DKK) Total purchased under the programme (DKK)
    Total in accordance with the last announcement 312,100 1,172.93 366,071,203
    28 April 2025 4,000 1,201.71 4,806,840
    29 April 2025 4,000 1,202.93 4,811,720
    30 April 2025 4,000 1,251.95 5,007,800
    1 May 2025 3,000 1,261.97 3,785,910
    2 May 2025 3,000 1,291.84 3,875,520
    Total under the share buyback programme 330,100 1,176.49 388,358,993

    With the transactions stated above, Ringkjøbing Landbobank now owns the following numbers of own shares, excluding the bank’s trading portfolio and investments made on behalf of customers:

    • 1,645,142 shares under the completed and present share buyback programme(-s) corresponding to 6.16 % of the company’s share capital.

    In accordance with the above regulation etc., the transactions related to the share buyback programme on the stated reporting days are attached to this corporate announcement in detailed form.

    Yours sincerely,

    Ringkjøbing Landbobank

    John Fisker
    CEO

    Detailed summary of the transactions on the above reporting days

    Volume Price Venue Time – CET
    30 1209 XCSE 20250428 9:06:12.149000
    28 1209 XCSE 20250428 9:08:27.108000
    28 1207 XCSE 20250428 9:08:48.129000
    10 1207 XCSE 20250428 9:17:26.416000
    9 1207 XCSE 20250428 9:17:26.416000
    10 1214 XCSE 20250428 9:24:26.494000
    10 1213 XCSE 20250428 9:24:29.520000
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    1 1212 XCSE 20250428 9:25:34.104000
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    10 1212 XCSE 20250428 9:28:19.386000
    91 1212 XCSE 20250428 9:28:19.518000
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    37 1211 XCSE 20250428 9:28:19.562000
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    10 1208 XCSE 20250428 9:28:27.494000
    10 1207 XCSE 20250428 9:33:08.105000
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    19 1205 XCSE 20250428 9:33:56.042000
    20 1205 XCSE 20250428 9:39:34.882000
    20 1203 XCSE 20250428 9:46:08.449000
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    29 1203 XCSE 20250428 9:46:08.525000
    19 1202 XCSE 20250428 9:47:44.189000
    19 1201 XCSE 20250428 9:56:14.443000
    19 1199 XCSE 20250428 9:56:29.824000
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    10 1193 XCSE 20250428 10:26:52.099000
    19 1196 XCSE 20250428 10:38:43.461000
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    48 1194 XCSE 20250428 10:38:43.596000
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    40 1200 XCSE 20250428 11:52:14.283000
    21 1200 XCSE 20250428 12:11:56.439000
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    40 1199 XCSE 20250428 12:20:35.103000
    55 1201 XCSE 20250428 12:28:36.802000
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    10 1201 XCSE 20250428 12:29:18.438000
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    28 1199 XCSE 20250428 13:20:28.100000
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    40 1199 XCSE 20250428 13:26:15.020000
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    10 1194 XCSE 20250428 14:37:48.100000
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    3 1205 XCSE 20250428 16:18:16.060000
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    30 1204 XCSE 20250428 16:18:17.555000
    1 1205 XCSE 20250428 16:19:04.090000
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    12 1206 XCSE 20250428 16:26:37.120000
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    2 1207 XCSE 20250428 16:31:58.225000
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    40 1206 XCSE 20250428 16:38:01.103866
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    50 1206 XCSE 20250428 16:38:14.241923
    31 1206 XCSE 20250428 16:38:14.241981
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    14 1206 XCSE 20250428 16:38:15.952456
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    18 1202 XCSE 20250429 9:03:14.633000
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    9 1193 XCSE 20250429 13:13:21.099000
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    Attachment

    The MIL Network