NewzIntel.com

Category: Europe

  • MIL-OSI: Sydbank share buyback programme: transactions in week 13

    Source: GlobeNewswire (MIL-OSI)

    Company Announcement No 13/2025

    		 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
    31 March 2025  

    Dear Sirs

    Sydbank share buyback programme: transactions in week 13
    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

    168,000

    		  

    74,264,620.00
    24 March 2025
    25 March 2025
    26 March 2025
    27 March 2025
    28 March 2025    		 19,000
    19,000
    13,000
    13,000
    19,000    		 430.60
    437.14
    443.37
    444.66
    437.82    		 8,181,400.00
    8,305,660.00
    5,763,810.00
    5,780,580.00
    8,318,580.00
    Total over week 13 83,000   36,350,030.00
    Total accumulated during the
    share buyback programme    		 251,000   110,614,650.00

    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 3,648,502 own shares, equal to 6.68% of the Bank’s share capital.

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

    Attachment

    The MIL Network –

  • MIL-OSI: Strategic decision – Šiaulių bankas will rebrand to Artea this May

    Source: GlobeNewswire (MIL-OSI)

    On 31 March 2025 The General Meeting of Shareholders of AB Šiaulių Bankas unanimously agreed to decision to change the bank’s name to AB Artea bankas. It is expected that the Bank will start operating under the new name and brand as of 5 May, this year.

     

    “This is a historic moment and one of the biggest and most significant changes in the history of the Bank. This change will be directly felt by half a million customers of our Bank Group, as well as thousands of corporate customers and partners.

    We aim to continue to be even closer to our customers, providing accessible, flexible and modern banking services.

    Artea is more than a new name. It is a strategic change for the bank, extending to our approach to services, customers, partners, employees, investors and community. Changes are comming very soon,” says Vytautas Sinius, CEO of Šiaulių Bankas.

    While rebranding, Šiaulių bankas remains the largest Lithuanian-owned bank in the country. Its main shareholders – Lithuanian business leaders Invalda INVL, Tesonet Global, Willgrow and the international European Bank for Reconstruction and Development (EBRD) – unchanged.

    The Bank has been consistently preparing for this change and in the comming period will focus on ensuring the rebranding won‘t cause any inconvenience to its customers, who will be able to enjoy smooth access to the daily services provided under the new name Artea.

    “We felt that the current name of the bank, which we grew up with and became what we are today, did not reflect our scale and ambition to become the best bank in Lithuania and the first choice for the residents and businesses. We aim to become a bank you want to grow with,” states Vytautas Sinius.

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

     

    Additional information:
    Tomas Varenbergas
    Head of Investment Management Division
    tomas.varenbergas@sb.lt

    The MIL Network –

  • MIL-OSI: Inbank appoints Erkki Raasuke as Chairman of the Supervisory Board

    Source: GlobeNewswire (MIL-OSI)

    Today, on 31 March 2025, the Supervisory Board of AS Inbank appointed Erkki Raasuke, an existing Supervisory Board Member, as Chairman of the Supervisory Board for a three-year term, effective 1 April 2025.

    Additionally, at the Annual General Meeting held today, Isabel Margaret Anne Faragalli and Sergei Anikin were elected to the Supervisory Board for a three-year term, effective 1 April 2025.

    According to Jan Andresoo, the former Chairman of the Inbank Supervisory Board, the appointment of two new independent members and a new Chairman marks a significant step toward a more diverse and independently governed Supervisory Board, which is essential for Inbank’s journey to becoming a public company.

    “With Erkki Raasuke leading our Supervisory Board, Inbank gains outstanding expertise in corporate governance, backed by decades of executive experience in banking. His strategic mindset and strong work ethic will be invaluable as we navigate the next phase of our development, and I look forward to working with him,” said Jan Andresoo.

    “My professional collaboration with founders Priit and Jan dates back over 20 years. Ever since, I have admired their strategic acumen, entrepreneurial spirit, and strong execution capabilities. Building on these qualities, they have successfully developed a dynamic and agile international business with a strong culture and a highly dedicated team. I am honored to be part of this team and contribute my knowledge and expertise in supporting its continued success. As Chairman, I will focus on steering a high-value, strategically engaged Supervisory Board while actively overseeing risk and audit matters to further strengthen Inbank’s governance and resilience,” said Erkki Raasuke.

    Jan Andresoo will remain a Member of the Supervisory Board and take on a hands-on leadership role in shaping Inbank’s new products and channels strategy, supporting the company’s transition into a platform business ahead of its IPO journey.

    “Inbank remains a founder-led company, with CEO Priit Põldoja and I actively engaged in building and steering the company toward future growth. My focus will be on ensuring that Inbank continues to innovate and deliver value to our merchant partners and customers,” said Jan Andresoo.

    Isabel Faragalli and Sergei Anikin do not hold Inbank shares.

    The Inbank Supervisory Board will consist of seven members, including Erkki Raasuke, Jan Andresoo, Roberto de Silvestri, Triinu Bucheton, Raino Paron, and the newly elected members Isabel Faragalli, and Sergei Anikin.

    Erkki Raasuke is a seasoned financial executive, non-executive board member, and strategic advisor with extensive experience in banking and corporate governance.  From 1994 to 2011, Erkki worked at Hansapank and later Swedbank, holding various senior leadership roles, including CFO and Chairman of the Board. Between 2012 and 2013, he advised the Ministry of Economic Affairs and Communications, focusing on state-owned enterprise governance. He later served as Managing Director of LHV Group (2013-2016), CEO of Luminor Bank (2016–2020) and as CFO at Skeleton Technologies (2021–2024).

    Currently, Erkki serves as Chairman of the Supervisory Board at the Estonian Business and Innovation Agency (EIS) and has been a Supervisory Board Member at Enefit Green since 2021. He joined the Inbank Supervisory Board in 2023.

    Jan Andresoo co-founded Inbank in 2010 and served as its CEO until 2021, with a primary focus on product strategy. Since 2021, he has chaired Inbank’s Supervisory Board. In addition to his role at Inbank, Jan co-founded Paywerk, a cross-border BNPL e-commerce platform, in 2021, which was acquired by Swedbank in 2024. Between 2006 and 2010, he held various executive positions at Swedbank Leasing. He has also been actively involved in the launch and scale-up of Coop Finants, Veriff, and PSP Maksekeskus.

    Inbank is a financial technology company with an EU banking license that connects merchants, consumers and financial institutions on its next generation embedded finance platform. Partnering with more than 6,000 merchants, Inbank has 872,000+ active contracts and collects deposits across 7 markets in Europe. Inbank bonds are listed on the Nasdaq Tallinn Stock Exchange.

    Additional information:
    Styv Solovjov
    AS Inbank
    Head of Investor Relations
    +372 5645 9738
    styv.solovjov@inbank.ee

    The MIL Network –

  • MIL-OSI Europe: The ESAs call for vigilance amid rising geopolitical and cyber risks

    Source: European Banking Authority

    The three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) today published their Spring 2025 Joint Committee update on risks and vulnerabilities in the EU financial system, which focuses on the challenges linked to geopolitical tensions and cyber risks.

    The ESAs warn that growing geopolitical tensions and rising cyber risks present significant challenges to financial stability. These include trade disputes, rapidly shifting policies, ongoing international conflicts and the prospect of economic fragmentation which are reshaping global markets, requiring heightened vigilance and adaptability from supervisors and financial entities alike.

    Financial institutions must navigate growing uncertainties, including exposure to international markets, liquidity risks and the evolving role of artificial intelligence (AI). Ensuring resilience in the face of these developments is crucial.

    The ESAs, therefore, emphasise the need for proactive risk management, stronger cyber resilience and a close monitoring of global financial linkages. As financial markets continue to evolve, international cooperation and regulatory preparedness will be key to maintaining stability. Against a background of high geopolitical risks, the ESAs recommend that supervisors and financial entities prepare for continued market volatility, consider the potential materialisation of liquidity risks and stand ready to adapt to adverse developments, including by provisioning adequately.

    To better manage cyber and digitalisationrisks, supervisors and financial institutions should continue to strive for robust data governance, critically assess AI solutions and their compliance with the AI Act, and support the timely implementation of the Digital Operational Resilience Act’s provisions.

    Background

    This Spring 2025 Joint Committee update on Risks and Vulnerabilities was presented at the meeting of the Financial Stability Table of the EU’s Economic and Financial Committee (FST-EFC) on 27-28 March 2025 as input from the ESAs.

    MIL OSI Europe News –

  • MIL-OSI United Kingdom: Oxford City Council awarded £50,000 Digital Planning Improvement funding

    Source: City of Oxford

    Monday, 31 March 2025

    Oxford City Council has been awarded £50,000 from the Ministry of Housing, Communities and Local Government (MHCLG) as part of the prestigious Digital Planning Improvement Fund.

    This funding marks a significant milestone in the Council’s ongoing commitment to enhancing digital planning services and delivering innovative, user-centred solutions for the community. 

    Comment 

    ”This achievement recognises Oxford City Council’s leadership and dedication to improving digital capabilities in planning, as part of a national effort to modernise the planning system across England.

    “By shifting from a document-based system to one that is data-driven, standards-based, and powered by modern technology, the Council is aiming to streamline planning processes and enhance the user experience for residents, businesses, and developers alike. 

    “Oxford City Council looks forward to embarking on this journey and working collaboratively with the Open Digital Planning community to drive meaningful change and enhance the planning experience for all stakeholders.”  
    David Butler, Planning, Director of Planning and Regulation  

    Joining the open digital planning community 

    As part of this initiative, the Council will join the Open Digital Planning community, a network of local planning authorities committed to digital transformation. This will provide access to expert support, shared learning, and best practices to strengthen its digital planning capabilities and accelerate the shift to innovative digital planning tools and processes.  

    For more information about the Digital Planning Improvement Fund visit the Local Digital website. 

    MIL OSI United Kingdom –

  • MIL-OSI Europe: NRRP steering committee meeting held at Palazzo Chigi on implementation progress report

    Source: Government of Italy (English)

    A steering committee meeting for the National Recovery and Resilience Plan (NRRP) was held at Palazzo Chigi this morning, chaired by the Minister for European Affairs, the NRRP and Cohesion Policy, Tommaso Foti. The meeting, attended by all Ministers and Undersecretaries of State involved as well as by representatives from ANCI [National Association of Italian Municipalities], UPI [Union of Italian Provinces] and the Conference of Regions and Autonomous Provinces, approved the sixth NRRP implementation progress report for its subsequent submission to Parliament. Minister Foti outlined the work carried out by the Government in the second half of 2024 to achieve all the planned objectives, allowing Italy to receive payment for the fifth instalment worth EUR 11 billion and for the sixth instalment worth EUR 8.7 billion, as well as to request payment for the seventh instalment, worth EUR 18.3 billion, which is linked to the achievement of 32 targets and 35 milestones. 

    “This sixth report to Parliament on the progress of the National Recovery and Resilience Plan confirms Italy’s leading position in Europe in terms of implementation, the number of goals achieved, total resources obtained and the number of payment requests formalized and received”, President of the Council of Ministers Giorgia Meloni writes in her foreword to the report. “The Government, the Administrations concerned, Prefectures and all implementing bodies will continue to work, with perseverance and determination, to complete all the investments and reforms. We will do so with the same rigor, passion and selfless approach that have enabled us to become a model in Europe in NRRP implementation. We still have a lot of work to do, but we are proud of the results achieved so far, and they are spurring us on to do even better, in the interest of Italy and Italians”, she added.

    During the steering committee meeting, the main legislative measures that have been adopted to support the NRRP’s implementation were also highlighted, details of which are provided in the report. In particular, reference was made to Decree Law no. 19/2024, which led implementing bodies to update data on the ‘ReGiS’ IT platform, strengthened governance of anti-fraud measures and made over a hundred coordination committees within Prefectures fully operational, making connections between the NRRP task force, the NRRP steering committee, central government authorities and implementing bodies more effective, to ensure any critical issues with completing the projects are resolved. Decree Law no. 113/2024 was also outlined, which allows for an acceleration in transfers of financial resources, up to 90%, in order to meet the liquidity needs expressed by ANCI [National Association of Italian Municipalities] and the implementing bodies themselves during meetings of the aforementioned coordination committees. The report to Parliament also highlights that, of the EUR 145.3 billion in NRRP resources that can be assigned to specific areas, the Meloni Government has allocated EUR 59.3 billion to the Mezzogiorno, equal to 40.8% of the total of measures for specific areas.

    MIL OSI Europe News –

  • MIL-OSI: WISeSat.Space Creates WISeSat España SA Subsidiary to Lead European Space Projects from Andalusia and Build a 100% “Made in Europe” Solution Aligned With the IRIS² Strategy

    Source: GlobeNewswire (MIL-OSI)

    WISeSat.Space Creates WISeSat España SA Subsidiary to Lead European Space Projects from Andalusia and Build a 100% “Made in Europe” Solution Aligned With the IRIS² Strategy

    Madrid / Geneva / La Línea, Cadiz – March 31, 2025 – WISeSat.Space, a pioneer in secure satellite connectivity solutions and part of the WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces the creation of its new subsidiary WISeSat España, headquartered in La Línea de la Concepción (Cádiz, Andalusia). This strategic decision represents a decisive step toward the consolidation of a fully European industrial and technological ecosystem in the space and quantum domains, in line with the digital sovereignty priorities defined by the European Union.

    The choice of La Línea de la Concepción as the official headquarters of WISeSat España is no coincidence. This Andalusian city, located at a geostrategic point between Europe and Africa, is positioning itself as an emerging hub for technological innovation, thanks to its institutional will, international openness, and proximity to key logistical infrastructures.

    Establishing WISeSat in La Línea makes the company a founding pillar of the project LL4GIR.COM, an ambitious public-private initiative aimed at creating a Center for the Fourth Industrial Revolution in southern Europe. This center will promote high-impact projects in artificial intelligence, quantum computing, blockchain, IoT, and space connectivity, transforming the region into a global benchmark for resilience, sustainability, and economic progress.

    A 100% “Made in Europe” solution

    The launch of WISeSat España aims to build a 100% European space value chain, combining technological sovereignty, security, sustainability, and autonomous access to space. The proposal is fully aligned with the principles of the IRIS² program (Infrastructure for Resilience, Interconnectivity and Security by Satellite), promoted by the European Commission to establish a satellite constellation ensuring secure connectivity across the continent.

    The WISeSat España roadmap includes:

    • Manufacturing secure nanosatellites in collaboration with the Spanish company FOSSA Systems, where WISeKey is an investor, specializing in IoT and low Earth orbit communications solutions.
    • Launching satellites in partnership with PLD Space, a leading Spanish company in reusable rockets. The first launch is scheduled for early 2026, marking a milestone for European autonomy in space access.
    • Developing post-quantum processors in cooperation with QuantixS (Murcia) and SEALSQ (France) to ensure ultra-secure communications in the era of quantum computing.
    • Already operational, the installation of a satellite antenna in La Línea’s City Hall building, enabling direct connection with WISeSat satellites currently in orbit and serving as a local operations hub.
    • Incorporating WISeTalkie radio communication technology, developed by WISeKey and its partner Global Radio System (GRS), which ensures highly secure radio communications using advanced encryption, authentication protocols, and resistance to interference or unauthorized access. This innovation strengthens the security architecture of the WISeSat ecosystem at both space and ground levels.

    A new paradigm of decentralized innovation

    The model proposed by WISeSat España breaks with traditional centralized structures. Its vision is to create a decentralized network of European technological nodes, collaborating under principles of transparency, interoperability, resilience, and sovereign control. The La Línea node will serve as the secure space gateway for European institutions, companies, and citizens.

    “At WISeSat, we firmly believe that Europe needs its own secure and resilient infrastructure to avoid dependence on external players in critical areas such as space or cybersecurity. With WISeSat España and our partnerships with FOSSA Systems, PLD Space, QuantixS, and SEALSQ, we demonstrate that a 100% European model is not only possible but necessary,” said Carlos Creus Moreira, Founder and CEO of WISeKey.

    The January satellite, currently in orbit:
    https://wisesat.wisekey.com/?tags=WISeSat
    This launch builds on the previous success of WISeSat in collaboration with FOSSA Systems, which achieved the launch of 17 picosatellites to test the resilience and performance of its core technologies. These tests laid the foundation for the current generation of satellites, which, starting in June, will be equipped with more robust security protocols and post-quantum cryptographic infrastructure developed by SEALSQ.

    WISeSat also announced a new strategic partnership with Skyroot Aerospace in India. This collaboration will diversify launch operations by enabling satellites to be deployed on alternative orbital trajectories, optimizing constellation coverage and efficiency. The alliance also includes the possibility of manufacturing satellites on Indian soil, to local specifications, further strengthening WISeSat’s global production and launch capabilities.

    By the end of 2025, WISeSat satellites will be able to carry out transactions in SEALCOIN tokens with each other and with connected objects on Earth, forming a secure, autonomous mesh network for machine-to-machine (M2M) transactions. This innovation will create a financial and data exchange infrastructure in space, where connected machines will be digitally certified through a “Know Your Object” (KYO) protocol. The KYO process integrates Wecan technology and WISeKey’s WISeID platform, ensuring reliable identity and accountability throughout the ecosystem.

    Each WISeSat satellite is built with:

    • Post-quantum cryptographic chips from SEALSQ
    • WISeKey Root of Trust and digital identity infrastructure (WISeID)
    • Hedera’s Distributed Ledger Technology (DLT) for decentralized, tamper-proof data integrity

    This technological foundation positions WISeSat as a global leader in secure satellite-based IoT infrastructure.

    Invitation to Collaborate

    WISeSat España invites governments, universities, R&D centers, investors, and technology companies to join this transformative vision. The goal is to build together a new paradigm of smart economic development by integrating emerging technologies, specialized training, high-quality employment, and international cooperation.

    About WISeSat.Space
    WISeSat.Space AG is pioneering a transformative approach to IoT connectivity and climate change monitoring through its innovative satellite constellation. By providing cost-effective, secure, and global IoT connectivity, WISeSat is enabling a wide range of applications that support environmental monitoring, disaster management, and sustainable practices. The integration of satellite data with advanced climate models holds great promise for enhancing our understanding of climate change and developing effective strategies to combat its impacts. As the world continues to grapple with the challenges of climate change, initiatives like WISeSat’s IoT satellite constellation are essential for creating a more resilient and sustainable future.

    About WISeKey

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact: Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com
    media@wisekey.com    		 WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@equityny.com

    The MIL Network –

  • MIL-OSI: Resolutions of the Ordinary General Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    Resolutions of the Ordinary General Meeting of Shareholders

    Actions taken and resolutions made according to agenda issues of the Ordinary General Meeting of Shareholders on 31 March 2025:

    1. Presentation of the consolidated management report of Šiaulių bankas AB for 2024.

    The consolidated management report was introduced (enclosed).

    1. Presentation of the conclusion of the independent auditor of Šiaulių bankas AB and the conclusion of the assurance of sustainability reporting.

    The conclusion of the independent auditor and the conclusion of the assurance of sustainability reporting were introduced (enclosed).

    1. Comments and proposals of Šiaulių bankas AB Supervisory Council.

    The comments and proposals of the Bank’s Supervisory Council were announced.

    1. Selection of the audit company to provide sustainability reporting assurance services for the period 2024-2025 and determination of payment terms.

    Resolved:

    1)    To elect UAB “KPMG Baltics” as the audit company to provide sustainability reporting assurance services for Šiaulių bankas AB and the group for the years 2024 and 2025.

    2)    To determine the price for the sustainability reporting assurance services of Šiaulių bankas AB and the group for the years 2024-2025 at EUR 145 500 (excluding VAT).

    1. Approval of the set of audited financial statements of Šiaulių bankas AB and the group for 2024.

    The set of financial statements for 2024 has been approved (enclosed).

    6.    Allocation of Šiaulių bankas AB profit for 2024.

    The allocation of Šiaulių bankas AB profit has been approved (enclosed).

    According to approved profit allocation EUR 0.061 dividends per one ordinary registered EUR 0.29 nominal value share will be paid. Record date is 14 April 2025.

    7.    Determination of the procedure for the acquisition of Šiaulių bankas AB own shares.

     

    1)    Resolved to acquire Bank own shares under the following conditions:

    1. the purpose of acquisition of own shares is to reduce the authorized capital of the Bank by cancelling the shares purchased by the Bank; and / or to grant to the employees of the Bank, as well as it’s Group under the approved variable renumeration and payment programmes;
    2. maximal acquisition price per share – 20% higher than the market price of the Bank’s shares on the Nasdaq Vilnius Stock Exchange, when the Management Board makes a decision on the purchase of its own shares;
    3. minimum purchase price of the shares – 10% lower than the market price of the Bank’s shares on the Nasdaq Vilnius Stock Exchange when the Bank’s Management Board decides to buy back its own shares;
    4. the time limit for the Bank to acquire its own shares – 18 months from the date of adoption of this decision;
    5. maximal number of shares to be acquired – no more than 7 000 000 shares;
    6. the procedure for sale of own shares and the minimum selling price – the purchased shares are not planned to be sold and therefore the minimum selling price and the selling procedure for the shares are not determined;

      vii.        to delegate the Management Board of the Bank, in accordance with the provisions of this resolution and the requirements of the Law on Companies of the Republic of Lithuania, the requirements of the Law on Banks of the Republic of Lithuania and other legal acts, as well as, when required with the permission of the supervisory authorities, to make specific decisions regarding the purchase of the Bank’s own shares, to organize buyback of own shares, determine the method and procedure for buying back shares, the time, exact number and price of shares to be acquired, as well as perform other actions related to the purchase and sale of own shares.To establish that after adopting this resolution the resolution of the General Meeting of Shareholders of 29 March 2024 regarding acquisition of the Bank’s own shares shall expire.

     

    2)    To establish that after adopting this resolution the resolution of the General Meeting of Shareholders of 29 March 2024 regarding acquisition of the Bank’s own shares shall expire.

     

    8.    Approval of the new version of the Articles of Association of Šiaulių bankas AB.    

    The Article of Association of Šiaulių bankas AB was approved (enclosed).

    1. Approval of the reduction of the authorised capital of Šiaulių bankas AB and the amendment of the Articles of Association.

    Resolved:

    1)    To reduce the authorised capital of Šiaulių bankas AB from EUR 192 269 027,34 to EUR 189 195 680,13 by annulling 10 597 749 ordinary registered uncertificated shares of Šiaulių bankas AB with a nominal value of EUR 0,29 each. The total value of the shares to be cancelled is EUR 3 073 347,21. The purpose of the reduction of the authorised capital is to annul the shares acquired by Šiaulių bankas AB.

    2)    To amend Clause 3.4 of the Articles of Association of Šiaulių bankas AB and to approve the new draft of the Articles of Association: “3.4. The authorized capital of the Bank shall be the total amount of the par values of all registered shares. The authorized capital of the Bank shall amount to EUR 189 195 680.13. The authorized capital of the Bank shall be divided into 652 398 897 ordinary registered shares. The par value of one share shall be EUR 0.29”

    3)    To authorise the CEO of Šiaulių bankas AB or another person duly authorised by him to sign the new version of the Articles of Association and to arrange for the registration of the amended Articles of Association in accordance with the procedure established by law after obtaining the supervisory authority’s permission to register the amendment to the Articles of Association relating to the reduction of the authorised capital (enclosed).

     

    10.  Approval of the updated Remuneration Policy of Šiaulių bankas AB.             

    The Remuneration Policy of Šiaulių bankas AB was approved (enclosed).

    11.  Approval of the updated Rules for Granting Shares of Šiaulių bankas AB.

    The Rules for Granting Shares of Šiaulių bankas AB was approved (enclosed).

    1. Election of the member of Šiaulių bankas AB Supervisory Council.

    Resolved:

    1)    To elect John Michael Denhof as a member of the Supervisory Council of Šiaulių bankas AB until the end of the tenure of the current Supervisory Council.

    2)    To determine that the elected person will take up his position as a member of the Supervisory Council of Šiaulių bankas AB only after receiving the permission of the supervisory authority.

     

    Additional information:
    Tomas Varenbergas
    Head of the Investment Management Division
    Email:     tomas.varenbergas@sb.lt

    Attachments

    The MIL Network –

  • MIL-OSI Security: Romanian National Sentenced To 24 Months’ Imprisonment For Wire Fraud Conspiracy And Aggravated Identity Theft

    Source: Office of United States Attorneys

    HARRISBURG- The United States Attorney’s Office for the Middle District of Pennsylvania announced that Stefan-Alin Doleanu, age 29, of Romania, was sentenced on March 27, 2025, to 24 months’ imprisonment by United States District Judge Jennifer P. Wilson for wire fraud conspiracy and aggravated identity theft.

    According to Acting United States Attorney John C. Gurganus, between November 2022 and March 2023, Doleanu and multiple co-conspirators, including co-defendant Eliza Doleanu, conspired to use stolen SNAP Electronic Benefits Transfer (“EBT”) card information at Sam’s Club and BJ’s Wholesale Club stores in Camp Hill, Chambersburg, Mechanicsburg, and York. During this period, the Doleanus illegally purchased several thousand dollars in goods. 

    Judge Wilson further ordered Doleanu to pay restitution in the amount of $14,255.97. 

    Doleanu will be removed from the United States upon the completion of his sentence.

    The case was investigated by the United States Secret Service and the United States Department of Agriculture, Office of Inspector General. Assistant U.S. Attorney David C. Williams prosecuted the case.

    # # #

    MIL Security OSI –

  • MIL-OSI: Powered by 5th Gen AMD EPYC CPUs, Oracle Cloud Infrastructure Compute E6 Shapes Deliver Breakthrough Cloud Performance and Efficiency

    Source: GlobeNewswire (MIL-OSI)

    — Leading cloud services providers expand their adoption of EPYC CPUs to meet growing public cloud demand —

    SANTA CLARA, Calif., March 31, 2025 (GLOBE NEWSWIRE) — Today, AMD (NASDAQ: AMD) announced 5th Gen AMD EPYC™ processors power the Oracle Cloud Infrastructure (OCI) Compute E6 Standard shapes. 5th Gen AMD EPYC processors, the world’s best server CPUs for enterprise, AI and cloud1, enable OCI Compute E6 shapes to deliver up to a 2X increase in cost to performance, compared to the previous E5 instance generation based on testing by OCI2.

    The new OCI Compute E6 shapes build on the success of the previous E5 generation to deliver leadership performance and cost efficiency for general-purpose and compute-intensive workloads. These OCI shapes add to the selection of more than a thousand compute instances powered by AMD EPYC processors across all major cloud service providers.

    “The rapid adoption of AMD EPYC processors in the cloud underscores our ability to deliver innovative, high-performance solutions that enable our partners to create highly competitive cloud offerings,” said Dan McNamara, senior vice president and general manager, Server Business, AMD. “The combination of OCI’s flexible infrastructure and the performance of 5th Gen AMD EPYC processors helps customers accelerate their most demanding workloads while optimizing their cloud infrastructure.”

    “Oracle Cloud Infrastructure is committed to providing our customers with the best-performing, most cost-effective cloud offerings,” said Donald Lu, senior vice president, software development, Oracle Cloud Infrastructure. “With the new OCI Compute E6 Standard shapes powered by AMD EPYC processors, we are delivering an unparalleled combination of compute power, scalability, and efficiency that meets the demands of today’s most complex workloads.”

    Availability and Customer Adoption
    OCI Compute E6 Standard bare metal instances and virtual machines are available today in multiple regions, including US East (Ashburn), US West (Phoenix), US Midwest (Chicago), Germany Central (Frankfurt), and UK South (London), with a rollout planned for additional regions in the coming months.

    Supporting Resources

    About AMD
    For more than 50 years AMD has driven innovation in high-performance computing, graphics, and visualization technologies. Billions of people, leading Fortune 500 businesses, and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work, and play. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, LinkedIn, and Twitter pages.

    AMD, the AMD Arrow logo, EPYC and combinations thereof are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners.
    Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.

    _____________________________

    1 EPYC-029D: Comparison based on thread density, performance, features, process technology and built-in security features of currently shipping servers as of 10/10/2024. EPYC 9005 series CPUs offer the highest thread density, leads the industry with 500+ performance world records including world record enterprise leadership Java® ops/sec performance, top HPC leadership with floating-point throughput performance, AI end-to-end performance with TPCx-AI performance and highest energy efficiency scores. Compared to 5th Gen Xeon, the 5th Gen EPYC series also has more DDR5 memory channels with more memory bandwidth and supports more PCIe® Gen5 lanes for I/O throughput, and has up to 5x the L3 cache/core for faster data access. The EPYC 9005 series uses advanced 3-4nm technology, and offers Secure Memory Encryption + Secure Encrypted Virtualization (SEV) + SEV Encrypted State + SEV-Secure Nested Paging security features. For additional details, see https://www.amd.com/en/legal/claims/epyc.html#q=epyc5#EPYC-029D

    2 OCI launches high-performance E6 Standard compute instances powered by AMD: Comparative workload performance per core cost analysis for E5 and E6 shapes – https://blogs.oracle.com/cloud-infrastructure/post/oci-launches-highperformance-e6-standard-compute-instances-powered-by-amd

    The MIL Network –

  • MIL-OSI: insightsoftware Drives Global Expansion of JustPerform, a Financial Planning, Forecasting, and Closing Companion

    Source: GlobeNewswire (MIL-OSI)

    RALEIGH, N.C., March 31, 2025 (GLOBE NEWSWIRE) — insightsoftware, the most comprehensive provider of solutions for the Office of the CFO, today announced the global expansion of JustPerform, an all-in-one financial planning, forecasting, and close companion. The financial performance platform is now available in APAC, North America, the UK, and Ireland.

    Finance teams often struggle with the complexity of implementing and maintaining traditional systems, hindering their ability to plan, close, and report effectively. JustPerform addresses this with an all-in-one solution enabling effortless collaboration on plans, faster closes, accurate reporting, and confident decision-making without IT reliance. Featuring an intuitive, Excel-like interface and step-by-step guidance, the platform simplifies even the most complex tasks. Users can master processes in under five minutes and establish consistent workflows for reliable, repeatable results.

    “Growing expectations for finance to serve as a strategic business partner fuel demands among finance professionals for a unified approach to planning, forecasting, and closing,” said Monica Boydston, General Manager, EPM & Controllership at insightsoftware. “JustPerform’s intuitive interface enables finance teams to hit the ground running. Finance-driven ownership empowers teams to streamline processes and focus on delivering strategic insights that drive business impact.”

    Key Capabilities Include:

    • All-in-One Simplicity and Cloud Scalability: JustPerform connects planning, close, consolidation and reporting. Whether an organization deploys on the public or private cloud, it handles unlimited data volumes, dimensions, and metrics, letting models grow in size and complexity without slowing down.
    • Simplified Processes: Pick up any process in under five minutes. Even the most complex tasks feel simple with an Excel-like interface and step-by-step guidance.
    • Direct Integration and Excel-Friendly Transition: Native connectors link to over 80 systems, including SAP, Oracle, and Microsoft Dynamics, without delays or extra steps. With an Excel-like interface and modern Microsoft 365 connector, it makes moving from spreadsheets to JustPerform seamless.
    • Real-Time Planning: Live data updates keep financial and operational planning connected across teams. Members stay in sync, making decisions faster and smarter, without missing a step.

    “JustPerform successfully addresses the key requirements of the planning, forecasting, and reporting market with its unified, cloud-native platform designed around the needs of finance professionals,” said Craig Schiff, President and CEO of BPM Partners. “Many finance teams struggle with patching together siloed systems and legacy products. JustPerform delivers a truly modern and connected experience. Its human-centered design simplifies complex processes, ensuring accessibility and adaptability. The platform easily scales as user count and data volume grow over time, combining usability and precision—essential traits for financial professionals seeking both efficiency and flexibility.”

    Discover how JustPerform provides 60%-time savings in data transformation, a 50% reduction in manual close cycles, 40% faster budget preparation, and twice the return on investment. Join the “Financial Performance, for the Way You Work” webinar on April 10, 2025, at 10 am ET, to learn more about how this finance companion helps organizations hit the ground running. Register here.

    About insightsoftware
    insightsoftware is a global provider of comprehensive solutions for the Office of the CFO. We believe an actionable business strategy begins and ends with accessible financial data. With solutions across financial planning and analysis (FP&A), accounting, and operations, we transform how teams operate, empowering leaders to make timely and informed decisions. With data at the heart of everything we do, insightsoftware enables automated processes, delivers trusted insights, boosts predictability, and increases productivity. Learn more at insightsoftware.com.

    Media Contacts
    Inkhouse for insightsoftware
    insightsoftware@inkhouse.com

    Daniel Tummeley
    Corporate Communications Manager
    PR@insightsoftware.com

    The MIL Network –

  • MIL-OSI USA: Attorney General Pamela Bondi Dismisses Biden-Era Lawsuit Against Commonsense Georgia Election Law, Advancing President Trump’s Mandate to End Weaponization

    Source: US State of Vermont

    Today, Attorney General Pamela Bondi directed the Department of Justice to dismiss its claims in In Re Georgia Senate Bill 202, a Biden-era lawsuit that falsely accused Georgia of intentionally suppressing Black voters’ votes.

    “Contrary to the Biden Administration’s false claims of suppression, Black voter turnout actually increased under SB 202,” said Attorney General Pamela Bondi. “Georgians deserve secure elections, not fabricated claims of false voter suppression meant to divide us. Americans can be confident that this Department of Justice will protect their vote and never play politics with election integrity.” 

    The Biden administration fabricated an untrue narrative following the passage of Senate Bill 202 and sued the state of Georgia, claiming without evidence that SB 202 was an intentional scheme to “depress the Black vote” and referring to the basic election legislation as “Jim Crow 2.0.”Some mainstream media outlets and corporate allies of the Biden Administration fueled this falsehood, demonizing Georgians for political gain and triggering boycotts—including Major League Baseball’s relocation of the 2021 All-Star Game from Atlanta—that, by some estimates, cost the state over $100 million in economic losses.

    In reality, SB 202’s commonsense reforms—photo ID for all voting, strengthened absentee ballot procedures, and rapid reporting of results—spurred record voter turnout, including among Black Georgians.

    “The Department of Justice is done with this disgrace,” said Acting Associate Attorney General and Department of Justice Chief of Staff Chad Mizelle. “There is nothing racist about protecting elections—baseless claims of Jim Crow-style discrimination are the real insult.” 

    President Trump and Attorney General Bondi are committed to dismantling weaponized litigation and ensuring fair, lawful elections for all Americans. Instead of wasting time on false, divisive lawsuits, the Department of Justice will continue to root out real discrimination, promote common-sense election safeguards, and ensure equality for every American. 

    MIL OSI USA News –

  • MIL-OSI Security: Attorney General Pamela Bondi Dismisses Biden-Era Lawsuit Against Commonsense Georgia Election Law, Advancing President Trump’s Mandate to End Weaponization

    Source: United States Attorneys General

    Today, Attorney General Pamela Bondi directed the Department of Justice to dismiss its claims in In Re Georgia Senate Bill 202, a Biden-era lawsuit that falsely accused Georgia of intentionally suppressing Black voters’ votes.

    “Contrary to the Biden Administration’s false claims of suppression, Black voter turnout actually increased under SB 202,” said Attorney General Pamela Bondi. “Georgians deserve secure elections, not fabricated claims of false voter suppression meant to divide us. Americans can be confident that this Department of Justice will protect their vote and never play politics with election integrity.” 

    The Biden administration fabricated an untrue narrative following the passage of Senate Bill 202 and sued the state of Georgia, claiming without evidence that SB 202 was an intentional scheme to “depress the Black vote” and referring to the basic election legislation as “Jim Crow 2.0.”Some mainstream media outlets and corporate allies of the Biden Administration fueled this falsehood, demonizing Georgians for political gain and triggering boycotts—including Major League Baseball’s relocation of the 2021 All-Star Game from Atlanta—that, by some estimates, cost the state over $100 million in economic losses.

    In reality, SB 202’s commonsense reforms—photo ID for all voting, strengthened absentee ballot procedures, and rapid reporting of results—spurred record voter turnout, including among Black Georgians.

    “The Department of Justice is done with this disgrace,” said Acting Associate Attorney General and Department of Justice Chief of Staff Chad Mizelle. “There is nothing racist about protecting elections—baseless claims of Jim Crow-style discrimination are the real insult.” 

    President Trump and Attorney General Bondi are committed to dismantling weaponized litigation and ensuring fair, lawful elections for all Americans. Instead of wasting time on false, divisive lawsuits, the Department of Justice will continue to root out real discrimination, promote common-sense election safeguards, and ensure equality for every American. 

    MIL Security OSI –

  • MIL-OSI Security: NATO reaffirms its commitment to Western Balkans stability, as Secretary General Rutte wraps up visits to Sarajevo and Pristina

    Source: NATO

    On 10 and 11 March 2025, NATO’s Secretary General, Mark Rutte, visited Sarajevo and Pristina. In Sarajevo, he met high-level officials from Bosnia and Herzegovina, including the Chair and members of the Presidency, the Chair of the Council of Ministers, the Minister of Foreign Affairs, the Minister of Defence, and the Acting Minister of Security, as well as with the Commander of NATO Headquarters Sarajevo, the High Representative for Bosnia and Herzegovina, and the Commander of the EUFOR mission. The Secretary General also engaged with students at the University of Sarajevo.

    During his visit, Mr. Rutte highlighted that “NATO remains firmly committed to the stability of this region and to the sovereignty, territorial integrity and security of Bosnia and Herzegovina.” He added that “the Dayton Peace Agreement is the cornerstone of peace in this country and must be respected; and we support the Office of the High Representative; any actions that undermine Dayton, the constitutional order, or national institutions are unacceptable; inflammatory rhetoric and actions are dangerous; they pose a direct threat to Bosnia and Herzegovina stability and security.” The NATO Secretary General also underscored the need for political leaders in Bosnia and Herzegovina “to do their share” and “take responsibility” for the progress and stability of their country. He made it clear that “this is not 1992” and that NATO and its international partners are present and engaged in Bosnia and Herzegovina, and “will not allow a security vacuum to emerge.” Finally, he emphasised that the Alliance stands committed to its cooperation with Bosnia and Herzegovina. “We already have a solid partnership, and we are prepared to build on NATO’s long-standing support to a unified BiH Armed Forces and to defence and security reforms, through our Headquarters in Sarajevo, our newly established Political Cell, and our Defence Capacity Building Package,” he said. 

    In Pristina, the Secretary General led a visit of the North Atlantic Council and troop contributing partners to the NATO-led KFOR mission and the NATO Advisory and Liaison Team. Together with the NATO Deputy Secretary General, Ms Radmila Shekerinska, and the Chair of NATO’s Military Committee, Admiral Giuseppe Cavo Dragone, they met with the leadership and personnel of KFOR and the NATO Advisory and Liaison Team (NALT). They also had an exchange of views with the Heads of Mission of the European Union, the EU Rule of Law Mission in Kosovo (EULEX), the UN Special Representative of the Secretary-General and Head of Mission of UNMIK, and the Acting Head of Mission of the OSCE. Furthermore, the Secretary General met with representatives of the Institutions in Kosovo, for bilateral discussions.

    “NATO has supported peace and stability in the Western Balkans region for thirty years; our commitment remains strong today, spearheaded by KFOR, which is our longest and currently largest mission. Under the excellent leadership of Major General Enrico Barduani, our KFOR troops work relentlessly to ensure a safe and secure environment for all people and communities living in Kosovo, in line with KFOR’s long-standing UN mandate; and the NATO Advisory and Liaison Team continues to support the security organisations in Kosovo, through capacity-building, education and training coordination; a secure Western Balkans region means more security across the whole Euro-Atlantic area,” Secretary General Rutte said. “NATO will continue to play its part, in close coordination with the Kosovo Police and the EU Rule of Law Mission in Kosovo, in our respective roles as security responders,” he added. “The solution leading to long-lasting peace is political; NATO will continue to fully support the normalisation of relations between Belgrade and Pristina, led by the European Union; this is the only way to solve pending issues, and secure a stable future, ensuring that the rights of all communities are respected and safeguarded; to move the Dialogue forward, both sides must show flexibility, make the necessary compromises, and focus on the long-term gains,” he pointed out.

    MIL Security OSI –

  • MIL-OSI Security: Remarks

    Source: NATO

    First of all, thank you so much, Mr President, dear Donald again for hosting me and also for taking time in Florida a couple of weeks after you were re-elected. And of course, our phone call a couple of weeks ago.

    And I must say, Trump 45 you basically, you originated the fact that in Europe, we’re now spending, when you take it to aggregate 700 billion more on defence than when you came in office in 2016/2017. But that was Trump 45. But then when you look at Trump 47 what happened the last couple of weeks is really staggering. The Europeans committing to a package of 800 billion defence spending. The Germans now potentially up to half a trillion extra in defence spending. And then, of course, you have Keir Starmer here – the British Prime Minister – and others all committing to much higher defence spending. They’re not there. We need to do more. But I really want to work together with you in the run up to the Hague Summit to make sure that we will have a NATO which is really reinvigorated under your leadership, and we are getting there.

    We’ll also discuss defence production, because we need to produce more weaponry. We are not doing enough, and not in the US, not in Europe, and we are lagging behind when you compare to the Russians and the Chinese, and you have a huge defence industrial base. Europeans buying four times more here than the other way around, which is good, because you have a strong defence industry, but we need to do more there to make sure that we ramp up the production and kill the red tape. So I would love to work with you on that.

    And finally, Ukraine. You broke the deadlock, as you said – all the killing, the young people dying, cities getting destroyed. The fact that you did that, that you started the dialogue with the Russians and the successful talks in Saudi Arabia, now with the Ukrainians, I really want to commend you for this. So, well, The Hague is my hometown. I’d love to host you there in the summer and work together to make sure that it will be a splash. A real success – projecting American power on the world stage.

    MIL Security OSI –

  • MIL-OSI Security: NATO Secretary General visits the United States of America

    Source: NATO

    On Thursday 13 and Friday 14 March [2025] NATO Secretary General Mark Rutte visited Washington DC to meet the President of the United States of America Donald J. Trump.

    Discussions throughout the trip centred on the urgent need to increase defence spending and production, bring a lasting end to the war against Ukraine, and on other priorities for the forthcoming NATO Summit in The Hague.
     
    On Thursday, the Secretary General participated in a bilateral meeting with President Trump in the Oval Office of the White House. Vice President JD Vance, Secretary of Defense Pete Hegseth, National Security Adviser Mike Waltz, Counselor of the State Department Michael Needham, US Special Envoy for Ukraine and Russia Lieutenant General (ret.) Keith Kellogg, and Ambassador-Nominee Matthew Whitaker, were in attendance. Mr Rutte praised the President for his pivotal role in accelerating Allied defence investment and breaking the deadlock on the war in Ukraine. The conversation continued over a working lunch.
     
    While in Washington, Mr Rutte also met with Senate Majority Leader, John Thune, and a number of other Senators, both Republican and Democrat, and took part in a working lunch hosted by the Atlantic Council.

    MIL Security OSI –

  • MIL-OSI Security: NATO Secretary General meets the Minister of Foreign Affairs of the Republic of Lithuania

    Source: NATO

    On Monday, 17 March 2025, the NATO Secretary General, Mr Mark Rutte, will meet the Minister of Foreign Affairs of the Republic of Lithuania, Mr Kęstutis Budrys, at NATO Headquarters, in Brussels.

    MIL Security OSI –

  • MIL-OSI Security: NATO Secretary General meets the President of the Republic of Serbia

    Source: NATO

    On Wednesday, 19 March 2025, the NATO Secretary General, Mr Mark Rutte, will receive the President of the Republic of Serbia, Mr Aleksandar Vučić, at his official residence, in Brussels.

    MIL Security OSI –

  • MIL-OSI Security: NATO Innovation Hackathon recognises advanced technologies for defence

    Source: NATO

    From 11 to 18 March 2025, NATO and the Defence Innovation Accelerator for the North Atlantic (DIANA) brought together more than 60 companies from across the Alliance to compete in the first NATO Innovation Hackathon. The aim was to uncover new technological solutions to improve intelligence gathering and Unmanned Arial Vehicles (UAV) and electronic warfare system detection, including in degraded visual environments, such as at night.

    Challenges run during the competition were directly drawn from those faced daily in war zones such as Ukraine. To address these challenges, contestants were assisted by mentors from DIANA and the Ukrainian innovation ecosystem. 

    The hackathon rewarded ten companies for their proposed technological solutions in areas such as AI, acoustic sensors, robotics and Unmanned Aerial Systems (UAS) detection. In addition to up to 20,000 EUR funding, the winning teams were also offered the opportunity to further engage with DIANA.

    The NATO Innovation Hackathon underscores NATO’s commitment to accelerating the development and adoption of innovative defence technologies. It also contributes to the implementation of the NATO-Ukraine Innovation Cooperation Roadmap and actively supports Ukraine’s needs from the battlefield.

     

    MIL Security OSI –

  • MIL-OSI Security: The Republic of Korea joins NATO Science & Technology Organization (STO) Partnership

    Source: NATO

    On 1 March 2025, the Republic of Korea joined NATO’s Science & Technology Organization (STO) Science & Technology (S&T) Enhanced Partnership, a programme designed to promote joint research and development in advanced S&T fields. With this status, the Republic of Korea will participate in the NATO S&T Board, which provides strategic guidance on NATO’s collaborative scientific research, and engages in joint research and development projects in areas such as medicine, sensing, cyber security, propulsion and power systems.

    That same day, Switzerland and Ukraine also joined the STO S&T Enhanced Partnership. Australia and Japan were the first S&T Partner nations, in 2015 and 2020 respectively. 

    Dr Bryan Wells, NATO Chief Scientist, said: “The NATO S&T Organization has always had a strong tradition of building close relations with NATO Partners. Bringing the Republic of Korea, Switzerland and Ukraine together with Australia and Japan as S&T Enhanced Partners marks a step change in our engagement. I look forward to welcoming our new S&T Enhanced Partners to their first NATO S&T Board meeting in Brussels in early April.”

    MIL Security OSI –

  • MIL-OSI United Kingdom: Applications now open for the Grow Your Own grant scheme

    Source: Scotland – City of Edinburgh

    Community groups in Edinburgh are being invited to apply for funding from a £50,000 pilot scheme by the City of Edinburgh Council to establish new food growing projects.

    The “Grow Your Own” community grant initiative will welcome applications from projects aimed at establishing new community growing projects. Applications for funding are invited to help the creation of new growing spaces, supporting the establishment of growing groups, and promoting education around urban food production.

    Grants of up to £5,000 will be awarded to constituted voluntary and community groups across the city. With projects running for up to 12 months.

    The £50,000 funding has been allocated from the Flood Prevention/Biodiversity (including food growing) budget, which was approved in the Council’s budget on 22 February 2024. This fund aims to provide smaller community groups with essential support to establish community growing initiatives.

    Funding can be used for a variety of purposes, including:

    • Purchasing seeds, plants, and tools
    • Equipment for community garden cooking areas
    • Education and training activities
    • Personal protective equipment
    • Staff time directly related to establishing the growing area

    Culture and Communities Convener Val Walker said:

    This is a wonderful opportunity for Edinburgh communities to get involved in urban food growing. The city already hosts over 45 allotment sites with over 1,700 council-managed plots, along with more than 70 community growing projects. Through Edinburgh’s Food Growing Strategy (2021- 2026) and Allotment Strategy (2017 – 2027) we aim to expand local food growing initiatives.

    This year’s scheme will operate as a pilot program, and its impact will be assessed. If successful, and funding permitting, we could see this becoming an annual initiative.

    To apply, groups must meet the Council’s Standard Conditions of Grants. Full details can be found on the City of Edinburgh website. The application process will be administered through the City of Edinburgh Council’s Your Voice platform, designed to ensure a simple and efficient application experience.

    The deadline for applications is noon on 12 May.
     

    Published: March 31st 2025

    MIL OSI United Kingdom –

  • MIL-OSI: Explosive Investigative Thriller Bribe, Inc. to Make U.S. Premiere Amid Global Reckoning Over Corruption

    Source: GlobeNewswire (MIL-OSI)

    Groundbreaking Documentary to Make Its U.S. Debut in Los Angeles April 3, Followed by New York Screening at IFC Center April 15–16

    New York Premiere to Feature Post-Screening Q&As with Three-Time Emmy Award-Winning Director Peter Klein, Moderated by MSNBC’s Ali Velshi and Investigative Reporter Simon Ostrovsky

    LOS ANGELES, March 31, 2025 (GLOBE NEWSWIRE) — Bribe, Inc., the jaw-dropping true story of global corruption, secret codes, whistleblowers and million-dollar bribes, will make its highly anticipated U.S. premiere on Thursday, April 3 at the legendary TCL Chinese 6 Theatres in Hollywood as part of the 25th Annual Beverly Hills Film Festival. The film will also have its New York debut on April 15–16 at the IFC Center in Manhattan.

    Described by The Guardian as “filled with the kind of cloak-and-dagger developments one associates with potboilers and airport novels,” the film plunges viewers deep into the hidden world of global business, where bribery has become a trillion-dollar industry propping up authoritarian regimes, enabling human rights abuses and undermining democracy itself.

    Writer, investigative journalist and the film’s producer Calyn Shaw will attend the screening at the TCL Chinese 6 Theatres. Shaw’s journalism has spanned the globe, from exposing targeted killings in Brazil (The New York Times) to uncovering supply chain breakdowns during the COVID-19 pandemic (PBS Frontline).

    “Bribe, Inc. is more than a film—it’s a reckoning,” said Shaw. “This isn’t just about a single scandal. It’s about a global system built on secrets, where power and profit are protected at any cost. The question is: what are we going to do about it?

    In New York, Bribe, Inc. will screen at the IFC Center on April 15 and 16, followed by post-screening Q&As featuring director Peter Klein and director of photography Claire Ward. The discussions will be moderated by Emmy and DuPont-winning reporter Simon Ostrovsky and Ali Velshi, longtime business journalist and MSNBC host. Klein, a three-time Emmy Award-winning producer and director, brings three decades of hard-hitting documentary experience to the film, having created dozens of investigative programs that shine a light on global injustice.

    “This film takes viewers inside a world most people never see—and many in power would prefer stay hidden,” said Klein. “As journalists and filmmakers, we have a duty to shine a light on corruption, not just for shock value, but to ignite change. Bribe, Inc. is our call to action to understand the true cost of corruption.”

    As global enforcement of anti-bribery laws weakens and trust in institutions collapses, Bribe, Inc. emerges as a cinematic gut-punch—an urgent demand for accountability in a world where corruption is routine.

    The film doesn’t shy away from political complicity. It explores Donald Trump’s controversial views on bribery as a tool of global commerce and examines the politicians who have excused corruption as a cost of doing business. On February 10, 2025, President Trump issued an executive order suspending enforcement of the Foreign Corrupt Practices Act (FCPA)—a law enacted in 1977 to prevent U.S. companies from bribing foreign officials. The administration claimed the law’s “overexpansion and unpredictable enforcement” hurt U.S. competitiveness. Critics argue the move may undercut global anti-corruption efforts and signal retreat from ethical business standards.

    Variety praised the film’s revelations as “explosive,” especially for exposing a covert effort by the U.S. Department of Justice to seize jurisdiction and protect blue-chip corporations from scrutiny. From war-torn Iraq to backroom deals in Monaco, Bribe, Inc. forces audiences to follow the money—and confront the consequences. Bribe, Inc. is a real-life political thriller that dares viewers to ask: what kind of world are we really living in—and who’s getting rich off the silence?

    About Bribe, Inc.
    Bribe, Inc. is a real-life political thriller that exposes one of the largest corporate bribery scandals in modern history. Told through the lens of whistleblowers, investigators and journalists, the film uncovers a trillion-dollar corruption network stretching from oil fields in Iraq to boardrooms in Monaco—and all the way to the halls of power in Washington. Directed by Emmy Award-winner Peter Klein and co-produced by investigative journalist Calyn Shaw, Bribe, Inc. reveals how corporations, politicians and regulators conspire to protect a global system built on secrecy and profit. Described by The Guardian as “cloak-and-dagger,” and praised by Variety for its “explosive” revelations, the film challenges audiences to follow the money—and confront the cost of complicity. For more information, visit https://bribeinc.com/.

    Media Contact:
    Ellen Mellody
    570-209-2947
    EMellody@kcsa.com

    The MIL Network –

  • MIL-OSI: Data Storage Corporation Reports 2024 Fiscal Year Financial Results and Provides Business Update

    Source: GlobeNewswire (MIL-OSI)

    • Expanded CloudFirst platform in 2024 with 4 new Tier III data centers (UK & Chicago), totaling 10 globally to enhance multi-cloud and continuity services across North America and Europe
    • Completed Flagship Solutions Group integration into CloudFirst, boosting efficiency and cross-sell potential to clients; secured major 2024 contracts across motorsports, insurance, healthcare, and education sectors
    • Net income improved by approximately 71% for the 2024 fiscal year
      compared to 2023 fiscal year and achieved Adjusted EBITDA* of $2.37 million for 2024
    • Ends 2024 with $12.3 million in cash and marketable securities
      and no long-term debt
    • Conference Call to be held today at 11:00 am ET

    MELVILLE, N.Y., March 31, 2025 (GLOBE NEWSWIRE) — Data Storage Corporation (Nasdaq: DTST) (“DSC” and the “Company”), a leading provider of multi-cloud hosting, managed cloud services, disaster recovery, cybersecurity, and IT automation, with direct connection to AWS, Microsoft Azure, and Google Cloud, today provided a business update and reported financial results for the year ended December 31, 2024.

    “We made consistent progress in 2024 — both financially and strategically,” said Chuck Piluso, CEO of Data Storage Corporation. “To start, total revenue for the year increased to $25.4 million, a modest 2% gain from 2023, reflecting a shift from lower-margin, one-time equipment sales toward long term, recurring subscription revenue streams. This strategy builds on our already $39.2 million remaining contract value with disaster recovery and cloud hosting solutions. Importantly, we ended the year with an estimated $22 million Annual Recurring Revenue run rate, demonstrating the scalability and consistency of our subscription-based model with over 80% of our revenue recurring. Furthermore, net income rose approximately 71% to $513 thousand, while Adjusted EBITDA* increased to $2.37 million — both strong indicators of improved margins and greater operational efficiency. Finally, with $12.3 million in cash and marketable securities and no long-term debt, we remain well-positioned to invest in future growth.”

    “In 2024, we also took steps to expand our footprint. Internationally, we launched CloudFirst Europe Ltd. supported by three Tier III data centers in the UK through three strategic partnerships. This expansion positions us to provide our Power platform serving clients across the U.S., Canada, and the UK — we are one of the few single source global providers. To lead our European operations, we appointed Colin Freeman as Managing Director, and early traction in the region has been promising. Domestically, we added a Tier III data center in Chicago, bringing our total to ten global sites while enhancing redundancy and performance across North America.”

    “We also completed the full integration of our Flagship Solutions Group subsidiary into our CloudFirst Technologies subsidiary, which has streamlined operations and improved our ability to deliver integrated cloud and managed services to clients. Key new contracts in 2024 included engagements with a Canadian division of a major motorsports manufacturer, a billion-dollar insurance provider, and a U.S. medical center — each reflecting our strength in delivering compliant, mission-critical high processing infrastructure solutions.”

    “Overall, 2024 was a year of meaningful execution across all fronts. We advanced our shift to a high-margin, recurring revenue model, expanded into new international markets, strengthened our infrastructure, and delivered improved financial results. These accomplishments reinforce our long-term vision and position us to scale further in 2025 and beyond as demand for compliant, enterprise-grade cloud solutions continues to rise globally.”

    Conference Call

    The Company plans will host a conference call at 11:00 a.m. Eastern Time on Monday, March 31, 2025, to discuss the Company’s financial results for the 2024 fiscal year which ended December 31, 2024, as well as corporate progress and other developments.

    The conference call will be available via telephone by dialing toll-free 877-407-9219 for U.S. callers or for international callers +1-201-689-8852. A webcast of the call may be accessed at  DSC 2024 Fiscal Year Earnings Call or on the Company’s News & Events section of the website,  www.dtst.com/news-events.

    A webcast replay of the call will be available on the Company’s website (www.dtst.com/news-events) through September 30, 2025. A telephone replay of the call will be available approximately three hours following the call, through April 7, 2025, and can be accessed by dialing 877-660-6853 for U.S. callers or + 1-201-612-7415 for international callers and entering conference ID: 13751220. 

    About Data Storage Corporation

    Data Storage Corporation (Nasdaq: DTST) through its subsidiaries is a leading provider of multi-cloud hosting, fully managed cloud services, disaster recovery, cybersecurity, IT automation, and voice & data solutions. Recognizing that data migration is a critical step in transitioning from on-premises systems to the cloud, DSC provides comprehensive migration services to ensure seamless, secure, and efficient data transfer, minimizing downtime and optimizing performance.

    Through its owned and operated cloud platform, built on IBM Power Cloud infrastructure, DSC delivers high-performance, scalable, and secure cloud solutions with interoperability across its infrastructure partners, AWS, Microsoft Azure, and Google Cloud.

    With data centers supporting its CloudFirst platform deployments across the United States, Canada, and the United Kingdom, DSC provides mission-critical solutions to a diverse clientele, including Fortune 500 companies, government agencies, educational institutions, and healthcare organizations.

    As a leader in the multi-billion-dollar cloud hosting and business continuity market, DTST is recognized for its expertise in cloud infrastructure, IT modernization, and data migration, enabling clients to transition to the cloud with confidence and operational continuity.

    For more information, please visit www.dtst.com or follow us on X @DataStorageCorp.

    *Adjusted EBITDA is a non-GAAP measure. Please refer to the Company’s financial disclosures for a reconciliation to the most directly comparable GAAP measure.

    Safe Harbor Provision

    This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created thereby. Forward-looking statements are subject to risks and uncertainties that could cause actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct. These forward-looking statements are based on management’s expectations and assumptions as of the date of this press release and include statements regarding being well-positioned to invest in future growth, the Company’s Power platform serving clients across the U.S., Canada and the UK and the Company’s recent accomplishments positioning it to scale further in 2025 and beyond as demand for compliant, enterprise-grade cloud solutions continues to rise globally, and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, the Company’s ability to grow its presence in Europe, the Company being well-positioned to invest in future growth, the Company’s successful transition from on-premises systems to the cloud, and DSC delivering high-performance, scalable, and secure cloud solutions with interoperability across its infrastructure partners. These risks should not be construed as exhaustive and should be read together with the other cautionary statements included in the Company’s Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it was initially made. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, changed circumstances or otherwise.

    Contact:
    Crescendo Communications, LLC
    212-671-1020
    DTST@crescendo-ir.com 

     DATA STORAGE CORPORATION AND SUBSIDIARIES  
    CONSOLIDATED BALANCE SHEETS
                     
        December 31, 2024   December 31, 2023
    ASSETS                
    Current Assets:                
    Cash   $ 1,070,097     $ 1,428,730  
    Accounts receivable (less allowance for credit losses of $31,472   and $7,915 in 2024 and 2023, respectively)     2,225,458       1,259,972  
    Marketable securities     11,261,006       11,318,196  
    Prepaid expenses and other current assets     859,502       513,175  
    Total Current Assets     15,416,063       14,520,073  
                     
    Property and Equipment:                
    Property and equipment     9,598,963       7,838,225  
    Less—Accumulated depreciation     (6,159,307 )     (5,105,451 )
    Net Property and Equipment     3,439,656       2,732,774  
                     
    Other Assets:                
     Goodwill     4,238,671       4,238,671  
     Operating lease right-of-use assets     575,380       62,981  
     Other assets     183,439       48,436  
     Intangible assets, net     1,427,006       1,698,084  
    Total Other Assets     6,424,496       6,048,172  
                     
    Total Assets   $ 25,280,215     $ 23,301,019  
                     
    LIABILITIES AND STOCKHOLDERS’ DEFICIT                
    Current Liabilities:                
    Accounts payable and accrued expenses   $ 3,183,379     $ 2,608,938  
    Deferred revenue     212,390       336,201  
    Finance leases payable     17,641       263,600  
    Finance leases payable related party     33,879       235,944  
    Operating lease liabilities short term     98,860       63,983  
    Total Current Liabilities     3,546,149       3,508,666  
                     
    Operating lease liabilities     523,070       —  
    Finance leases payable     —       17,641  
    Finance leases payable related party     —       20,297  
    Deferred Tax Liability      39,031       —  
    Total Long-Term Liabilities     562,101       37,938  
                     
    Total Liabilities     4,108,250       3,546,604  
                     
    Commitments and contingencies (Note 7)                
                     
    Stockholders’ Equity:                
    Preferred stock, par value $.001; 10,000,000 shares authorized; 1,401,786 designated as Series A Preferred Stock, par value $.001; 0 shares issued and outstanding on December 31, 2024 and 2023     —       —  
    Common stock, par value $.001; 250,000,000 shares authorized; 7,045,108 and 6,880,460 shares issued and outstanding on December 31, 2024 and 2023, respectively     7,045       6,881  
    Additional paid in capital     40,417,813       39,490,285  
    Accumulated deficit     (18,982,589 )     (19,505,803 )
    Accumulated other comprehensive loss     (23,214 )     —  
    Total Data Storage Corporation Stockholders’ Equity     21,419,055       19,991,363  
    Non-controlling interest in consolidated subsidiary     (247,090 )     (236,948 )
    Total Stockholders’ Equity     21,171,965       19,754,415  
    Total Liabilities and Stockholders’ Equity   $ 25,280,215     $ 23,301,019  
    DATA STORAGE CORPORATION AND SUBSIDIARIES  
    CONSOLIDATED STATEMENTS OF INCOME
                     
        Year Ended December 31,
        2024   2023
             
    Sales   $ 25,371,303     $ 24,959,576  
                     
    Cost of sales     14,267,936       15,383,251  
                     
    Gross Profit     11,103,367       9,576,325  
                     
    Selling, general and administrative     11,023,476       9,744,736  
                     
    Income (loss) from Operations     79,891       (168,411 )
                     
    Other Income (Expense)                
    Interest income     592,819       542,229  
    Interest expense     (119,008 )     (74,502 )
    Loss on disposal of equipment     (1,599 )     —  
    Total Other Income     472,212       467,727  
                     
    Income before provision for income taxes     552,103       299,316  
                     
    Provision for income taxes     (39,031 )     —  
                     
    Net Income     513,072       299,316  
                     
    Loss in Non-controlling interest in consolidated subsidiary     10,142       82,259  
                     
    Net Income Attributable to Common Stockholders   $ 523,214     $ 381,575  
                     
    Earnings per Share – Basic   $ 0.08     $ 0.06  
    Earnings per Share – Diluted   $ 0.07     $ 0.05  
    Weighted Average Number of Shares – Basic     6,931,399       6,841,094  
    Weighted Average Number of Shares – Diluted     7,347,779       7,424,228  
     DATA STORAGE CORPORATION AND SUBSIDIARIES  
    CONSOLIDATED STATEMENTS OF CASH FLOWS 
                     
        Year Ended December 31,
        2024   2023
    Cash Flows from Operating Activities:                
    Net income   $ 513,072     $ 299,316  
    Adjustments to reconcile net income to net cash provided by operating activities:                
    Depreciation and amortization     1,350,238       1,301,594  
    Stock based compensation     794,687       506,205  
    Change in expected credit losses     45,394       119,524  
    Loss on disposal of equipment     1,599       —  
    Changes in Assets and Liabilities:                
    Accounts receivable     (1,010,880 )     2,123,340  
    Other assets     (135,003 )     —  
    Prepaid expenses and other current assets     (347,717 )     71,491  
    Right of use asset     135,559       163,520  
    Accounts payable and accrued expenses     567,930       (598,638 )
    Deferred revenue     (123,811 )     55,141  
    Deferred tax liability     39,031       —  
    Operating lease liability     (90,010 )     (168,446 )
    Net Cash Provided by Operating Activities     1,740,089       3,873,047  
    Cash Flows from Investing Activities:                
    Capital expenditures     (1,800,364 )     (1,545,017 )
    Purchase of marketable securities     (842,810 )     (2,307,228 )
    Sale of marketable securities     900,000       —  
    Net Cash Used in Investing Activities     (1,743,174 )     (3,852,245 )
    Cash Flows from Financing Activities:                
    Repayments of finance lease obligations related party     (222,362 )     (520,624 )
    Repayments of finance lease obligations     (263,600 )     (359,869 )
    Cash received for the exercise of stock options     133,005       1,699  
    Net Cash Used in Financing Activities     (352,957 )     (878,794 )
                     
    Effect of exchange rates on cash     (2,591 )     —  
                     
    Decrease in Cash     (358,633 )     (857,992 )
                     
    Cash, Beginning of Year     1,428,730       2,286,722  
                     
    Cash, End of Year   $ 1,070,097     $ 1,428,730  
    Supplemental Disclosures:                
    Cash paid for interest   $ 23,549     $ 65,057  
    Cash paid for income taxes   $ —     $ —  
    Non-cash investing and financing activities:                
    Assets acquired by operating lease   $ 647,958     $ —  
                     

    The following table shows the Company’s reconciliation of net income (loss) to adjusted EBITDA for the years ended December 31, 2024, and 2023:

    For the year ended December 31, 2024
                         
        CloudFirst Technologies   CloudFirst Europe Ltd.   Nexxis Inc.   Corporate   Total
                         
    Net income (loss)   $ 3,562,622     $ (290,219 )   $ (93,514 )   $ (2,665,817 )   $ 513,072  
                                             
    Non-GAAP adjustments:                                        
    Depreciation and amortization     1,348,534       79       850       775       1,350,238  
    Sales tax settlement     142,021       —       —       —       142,021  
    Interest income     —       —       —       (592,819 )     (592,819 )
    Interest expense     119,008       —       —       —       119,008  
    Provision for income tax     —       —       —       39,031       39,031  
    Stock-based compensation     295,688       —       25,991       473,008       794,687  
                                             
    Adjusted EBITDA   $ 5,467,873     $ (290,140 )   $ (66,673 )   $ (2,745,822 )   $ 2,365,238  

      

    For the year ended December 31, 2023
                         
        CloudFirst Technologies   CloudFirst Europe Ltd.   Nexxis Inc.   Corporate   Total
                         
    Net income   $ 2,625,879     $ —     $ (229,377 )   $ (2,097,186 )   $ 299,316  
                                             
    Non-GAAP adjustments:                                        
    Depreciation and amortization     1,300,237       —       705       652       1,301,594  
    Interest income     —       —       —       (542,229 )     (542,229 )
    Interest expense     74,502       —       —       —       74,502  
    Stock-based compensation     162,004       —       17,603       326,598       506,205  
                                             
    Adjusted EBITDA   $ 4,162,622     $ —     $ (211,069 )   $ (2,312,165 )   $ 1,639,388  

    The MIL Network –

  • MIL-OSI Europe: Study – El principio de protección del Medio Ambiente, una perspectiva de Derecho Comparado: México – 31-03-2025

    Source: European Parliament 2

    Este documento se integra en una serie de estudios que, desde una perspectiva de Derecho Comparado, tienen como objeto analizar el principio de protección del Medio Ambiente en diferentes ordenamientos jurídicos. Tras la explicación de la normativa y la jurisprudencia de aplicación, se examinan el contenido, los límites y la posible evolución de dicho concepto. El presente estudio tiene por objeto el caso de México. La protección del Medio Ambiente sano está consagrada en México a nivel constitucional como un auténtico derecho fundamental (artículo 4), a la vez que se contiene como un principio rector de la política pública, basado en el desarrollo integral y sustentable (artículo 25). Esta proyección bidimensional busca que el desarrollo nacional no sea en detrimento de la naturaleza. Fruto de los movimientos ambientalistas a nivel internacional de los años 70, el derecho a un Medio Ambiente sano, así como el principio rector como política pública de desarrollo integral y sustentable, han forjado progresivamente un amplio acervo normativo (a nivel nacional y en las treinta y dos entidades federativas), así como doctrinal y jurisprudencial, que reconoce al ambiente como merecedor de protección, tanto por su valor en sí mismo, como por la importancia que tiene para la vida humana y el desarrollo. Sin embargo, este derecho humano enfrenta actualmente múltiples desafíos en materia de acceso a la justicia y acceso a la información, así como retos impostergables derivados de la crisis climática, motivo por el cual se ve comprometido el efecto útil que puede tener el derecho al Medio Ambiente sano, tanto para las generaciones presentes como futuras.

    MIL OSI Europe News –

  • MIL-OSI Security: NATO Aviation Committee meets in New Zealand to discuss future cooperation on air activities

    Source: NATO

    The NATO Aviation Committee was hosted by the Royal New Zealand Air Force in Christchurch, on 18-20 March 2025. This was the first time a NATO senior policy level committee met in the Indo-Pacific region, and a demonstration of NATO’s commitment to boosting cooperation with its four Indo-Pacific partners (Australia, Japan, New Zealand, and the Republic of Korea).

    Over 100 participants – including from partner countries and international organisations – shared views on the challenges faced by the military aviation of Allied and partner countries, and on the prospects of enhanced resilience, interoperability and civil-military cooperation.

    In the margins of the meeting, a NATO Industry Seminar brought together senior civil and military officials and industry leaders from the region, to better understand the strategic importance of aviation and space capabilities, share lessons learned, and enhance the safe development of cutting-edge commercial innovation. NATO officials also engaged with government officials and representatives of local universities to discuss NATO’s relations with New Zealand.

    In the current context of increasing geopolitical competition, NATO and New Zealand have been strengthening their relations to address shared security challenges and to contribute to defending international law. They also cooperate as part of NATO’s broader relations with its partners in the Indo-Pacific region. New Zealand has made valuable contributions to NATO-led operations and missions for many years, and in support to Ukraine – including through the NATO Security Assistance and Training for Ukraine (NSATU) – following Russia’s full-scale invasion of Ukraine.

    “The Euro-Atlantic region and the Indo-Pacific region are closely interlinked; we have had historic links for decades, and currently we face many of the same security challenges, and share the same values and the same strong interest in protecting international law,” NATO’s Assistant Secretary General for Defence Investment, Taja Jaakkola highlighted. “Let me be clear: this is not about NATO going to the region. NATO is and will remain a regional alliance whose aim is to protect its own region – North America and Europe; but we need to have a global outlook, and we see our partnerships with countries in the Indo-Pacific region as key in the current context; we have had closer dialogue in the last three NATO Summits with the leaders of Australia, Japan, the Republic of Korea and New Zealand; this dialogue is very important to better understand the challenges we face in our respective regions, and share best practices about how we deal with them,” she underscored.

    “NATO is a longstanding and likeminded security partner for New Zealand; our enduring partnership is key to providing the doctrine, tactics, training and procedures that underpin the New Zealand Defence Force’s interoperability with key partners; the finalisation last year of the New Zealand NATO Individually Tailored Partnership Programme demonstrates our intent to continue partnering with the Alliance on shared security challenges, including emerging disruptive technologies, cyber defence, industrial cooperation and climate change,” said New Zealand’s Associate Minister of Defence, Chris Penk. “With the launch last year of the ‘New Zealand Space and Advanced Aviation Strategy’ New Zealand aims to have an aviation regulatory environment that supports innovation while maintaining safety and protecting our national interests, including national security and New Zealand’s foreign policy interests; this strategy will support the growth and development of New Zealand’s space and advanced aviation sectors, with a view to New Zealand becoming an even greater hub of space and aviation activity,” he added.

    The Aviation Committee advises the North Atlantic Council on a “Total System Approach to Aviation (TSAA)” in support of NATO’s core tasks (collective deterrence and defence, crisis prevention and management, and cooperative security). It contributes to making Allied air activities more effective and to mitigate hazards, safety and security risks to air activities. It is NATO’s primary forum for the engagement of international aviation organisations and institutions at the policy and technical levels.

    MIL Security OSI –

  • MIL-OSI Security: NATO Deputy Secretary General welcomes renewed European defence efforts at the European Parliament

    Source: NATO

    On Thursday (20 March), NATO Deputy Secretary General Radmila Shekerinska addressed the European Parliament’s Security and Defence Committee (SEDE). She commended Europeans for stepping up investment in defence to deliver security, praised cooperation with the European Union (EU) and answered questions from Members of the European Parliament (MEPs).

    Ms. Shekerinska hailed initiatives at the European and national levels to boost defence spending, capabilities and readiness, while noting that the transatlantic relationship remains the cornerstone of European security. In her remarks to MEPs, she stressed the need for a stronger European pillar within a strong NATO.

    The Deputy Secretary General emphasised the importance of continuing to strengthen NATO-EU cooperation. She underscored that NATO and the EU are natural and indispensable partners, and that the EU can use its unique economic leverage to boost defence production, innovation, and military mobility in line with NATO’s military plans, capabilities, and standards. In this regard she also pointed to the need to involve non-EU allies as much as possible in the EU’s initiatives on defence. Ms. Shekerinska welcomed the ReArm Europe plan, as well as European support for Ukraine.  

    In a security context where Europe faces instability and threats from many directions, the Deputy Secretary General highlighted that “keeping our people safe is our most sacred duty.”

    MIL Security OSI –

  • MIL-OSI Security: NATO Secretary General meets the Minister of Defence of Romania

    Source: NATO

    On Tuesday, 25 March 2025, the NATO Secretary General, Mr Mark Rutte, will receive the Minister of Defence of Romania, Mr Angel Tîlvăr, at NATO Headquarters, in Brussels.

    MIL Security OSI –

  • MIL-OSI Security: NATO Secretary General to attend a meeting of European leaders in France

    Source: NATO

    On Thursday, 27 March 2025, the NATO Secretary General, Mr Mark Rutte, will travel to Paris, France, to attend a meeting of European leaders and Canada with Ukraine.

    MIL Security OSI –

  • MIL-OSI Security: NATO Allies discuss boosting defence spending and industrial capacity with the European Commissioner for Defence and Space

    Source: NATO

    On Wednesday (26 March 2025), NATO Deputy Secretary General Radmila Shekerinska welcomed the European Commissioner for Defence and Space, Andrius Kubilius, to NATO Headquarters for a meeting with Allies in the North Atlantic Council.

    Ms. Shekerinska emphasised the need for Europe to boost defence spending and ramp up defence production, noting that a stronger European defence will also contribute to a stronger Alliance. Recognising that NATO and the EU are natural and indispensable partners, she stressed that efforts directed toward the European defence industry and capability development need to be complementary, coherent and interoperable with NATO, and involve non-EU Allies as much as possible.

    The Deputy General Secretary also highlighted the decisive role that NATO and the EU have played in helping Ukraine defend itself. She underscored the importance of further strengthening Ukraine both on the battlefield and at the negotiating table.

    Ms. Shekerinska underlined the importance of continued NATO-EU exchanges to foster transparency on the issues of clear common interest and to explore further avenues of cooperation. She welcomed the White Paper for European Defence, and looked forward to working in “a truly collaborative way” during its implementation.

    MIL Security OSI –

  • MIL-OSI Security: Secretary General reaffirms transatlantic unity in Warsaw: There is no alternative to NATO

    Source: NATO

    NATO Secretary General Mark Rutte visited Warsaw on Wednesday (26 March 2025), where he met Polish President Andrzej Duda, Prime Minister Donald Tusk, Deputy Prime Minister and Defence Minister Władysław Kosiniak-Kamysz, and Foreign Minister Radosław Sikorski. The Secretary General then gave a speech at a public event co-hosted by the Warsaw School of Economics and the Polish Institute of International Affairs.

    Secretary General Rutte praised Poland for its leadership within the Alliance, including its strong support to Ukraine and record-high defence spending, set to reach 4.7% of GDP this year. “Poland’s investment in defence is an example to all Allies. Not only do you top the NATO charts, you plan to spend even more,” he said. 
     
    In his keynote speech, the Secretary General underlined the strength of the transatlantic bond and laid out NATO’s path to the upcoming Summit in The Hague.
     
    “When it comes to keeping Europe and North America safe, there is no alternative to NATO,” he said, stressing that it is not possible to imagine the defence of Europe without the Alliance.

    As Russia’s war against Ukraine rages on and its military cooperation with China, Iran, and North Korea intensifies, Mr Rutte warned that President Putin “has not given up on his ambition to reshape the global security order.” He underlined that a strong transatlantic Alliance remains the foundation of European security and that stronger European Allies are a unique strategic asset to the United States – allowing America, he said, to “promote peace through strength on the global stage.”

    Secretary General Rutte reiterated his confidence in the United States’ continued commitment to NATO and Article 5. “Listen to President Trump, who has repeatedly stated his commitment to a strong NATO. Listen to the strong bipartisan support in the US Congress,” he said. “And listen to the American people,” three-quarters of whom support NATO according to a recent Gallup poll.

    Mr Rutte also emphasised that the US commitment to NATO comes with a clear expectation: that European Allies and Canada take on greater responsibility for our shared security.

    Looking ahead to the NATO Summit in The Hague, the Secretary General said the Alliance would “begin a new chapter for our transatlantic Alliance. Where we build a stronger, fairer and more lethal NATO, to face a more dangerous world.”

    MIL Security OSI –