NewzIntel.com

Category: Europe

  • MIL-OSI Russia: China-Russia Border Culture Season Launches in Tongjiang

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    BEIJING, June 30 (Xinhua) — The 11th China-Russia Border Culture Season opened with a grand concert in the Chinese city of Tongjiang on Saturday, leading Chinese news platform chinanews.com reported.

    Tongjiang borders the Jewish Autonomous Region of Russia’s Far Eastern Federal District. This border city is home to the only border crossing in Heilongjiang Province (Northeastern China) that is connected to Russia by water, road, and rail transport.

    Speaking at the opening of the event, Zhang Dawei, head of the city party committee, noted that in recent years, Tongjiang has maintained close trade, economic and humanitarian contacts with various regions of the Russian Far East, having organized more than 600 exhibitions and concerts, sports competitions, and events in the field of experience exchange with them to date. He expressed hope that this border culture season will provide more opportunities for strengthening interregional cooperation between the two countries.

    The opening ceremony was also attended by the head of the Smidovichsky district of the Jewish Autonomous Region, Yevgeny Bashkirov, who called the current cultural season an important platform for increasing good neighborliness, mutual understanding, as well as trade, economic and humanitarian cooperation between the border regions of Russia and China.

    As it became known, the 11th China-Russia Border Culture Season with the leitmotif of “Open Tongjiang, International Tongjiang” will last until the end of August. It will include 24 major events, including a live gala concert “Tongjiang Evening”, a music and beer carnival, a friendly billiard tournament and a presentation of business partnership projects. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: SCO International Curling Tournament Starts in China

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    BEIJING, June 30 (Xinhua) — The 2025 Shanghai Cooperation Organization International Curling Tournament kicked off Saturday in the Chinese border city of Yichun, Heilongjiang Province, a subsidiary area of the China-SCO Winter Sports Demonstration Zone.

    The 6-day competition involves 16 teams from China, Russia, Belarus and Kazakhstan. The total number of participating athletes exceeds 100 people, according to data from the news platform chinanews.com.

    In particular, from the Chinese side, teams from the provinces of Qinghai, Sichuan, Shanxi and the city of Chongqing have been declared for the tournament, and the Russian side, in addition to the national teams – two women’s and one men’s, is also represented by a team from the Russian University of Sports, the Russian Curling Federation reports.

    The tournament is held by the Yichun Municipal People’s Government under the auspices and support of the Winter Sports Management Center of the State Administration of Physical Culture and Sports, the Heilongjiang Provincial Administration of Physical Culture and Sports and the China Curling Federation. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: Firefighters shot dead while battling US wildfire

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    SAN FRANCISCO, June 29 (Xinhua) — At least two firefighters were shot dead by unidentified gunmen on Sunday while battling a wildfire near Coeur d’Alene, Idaho, local authorities said.

    Kootenai County Sheriff Robert Norris said at a news briefing that both victims were firefighters, noting that the number of injuries was unknown and that firefighting efforts were ongoing.

    The incident occurred at about 1:30 p.m. Sunday local time after brush fires broke out on Mount Canfield. Firefighters arrived on the scene about 30 minutes later and were shot at by unknown assailants hiding in the woods, according to police.

    The shooter or shooters are using “modern sporting rifles,” Norris said. The search for suspects continues.

    “We still have civilians coming down the mountain. There may be civilians on the mountain who are trapped or in shock,” he said.

    Authorities have not confirmed the number of shooters. R. Norris noted that if they are not stopped soon, “this will be a multi-day operation.” –0–

    MIL OSI Russia News –

  • MIL-OSI: Nokia signs revolving credit facility with its pricing mechanism linked to the company’s sustainability targets

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Nokia signs revolving credit facility with its pricing mechanism linked to the company’s sustainability targets

    • Nokia’s financing strategy maintains steadfast link with its sustainability strategy with EUR 1.5 billion multicurrency revolving credit facility.
    • New facility builds on previous work in this area including sustainability-linked guarantee facility and sustainable finance framework.
    • Pricing mechanism linked to reduction of Nokia’s Scope 1, 2 and 3 greenhouse gas emissions.

    26 June 2025
    Espoo, Finland – Nokia announced today the recent signing of a EUR 1.5 billion five-year multicurrency revolving credit facility (“RCF”) with two one-year extension options, and continues with a sustainability pricing mechanism linking the margin of the RCF to two key RCF sustainability targets outlined below. The margin of the RCF will increase or decrease depending on Nokia’s progress towards reaching these targets. The new RCF will replace the EUR 1,412 million RCF agreement dated 18 June 2019.

    Nokia’s key RCF sustainability targets include annual target observation periods and dates, with RCF pricing adjustments impacting the following year:
    Reduction of absolute Scope 1 and 2 greenhouse gas emissions (“GHG”)
    Reduction of absolute Scope 3 GHG emissions.

    Nokia’s financing strategy is linked to its sustainability strategy and today’s announcement builds on previous sustainable finance activities. These activities include linking the margin of Nokia’s revolving credit facility to Nokia’s sustainability targets in 2019, Nokia’s first sustainability-linked guarantee facility in 2022, as well as the launch of Nokia’s sustainable finance framework in 2023.

    Nokia is committed to reducing its Scope 1, 2 and 3 GHG emissions. Nokia has a Net-Zero target of 2040 which is approved by the Science Based Targets initiative (SBTi), ensuring that Nokia’s greenhouse gas emissions targets and paths towards those targets are independently validated.

    Further information on the detailed operational approach Nokia has taken to reducing GHG emissions can be found in the Net-Zero climate transition plan detailing Nokia’s commitments and targets as well as the actions being taken to decarbonize in selected scopes. In March 2025, Nokia published its 2024 Annual Sustainability Statement, prepared for the first time in accordance with the provisions of the newly applicable EU Corporate Sustainability Reporting Directive and with the requirements of the European Sustainability Reporting Standards.

    “We’re delighted with the strong support and commitment from our key banking partners in this refinancing transaction that connects our financing strategy with our sustainability priorities,” said Marco Wirén, Chief Financial Officer, Nokia.

    “Nokia’s sustainability approach is centered on protecting and creating value for our company, and our stakeholders. We are committed to our climate transition plan, which is built to deliver efficiency and innovations in our value chain. Continuing to link the pricing of the revolving credit facility to our science-based climate goals is a strong step forward demonstrating our commitment to our sustainability targets,” said Subho Mukherjee, Vice President of Sustainability, Nokia.

    Resources and additional information
    Web Page: Nokia Sustainability
    Web Page: Nokia’s journey to Net-Zero
    Statement: Sustainability Statement

    About Nokia                         
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Media inquiries
    Nokia Press Office
    Email: press.services@nokia.com

    Follow us on social media
    LinkedIn X Instagram Facebook YouTube

    The MIL Network –

  • MIL-OSI: Nokia signs revolving credit facility with its pricing mechanism linked to the company’s sustainability targets

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Nokia signs revolving credit facility with its pricing mechanism linked to the company’s sustainability targets

    • Nokia’s financing strategy maintains steadfast link with its sustainability strategy with EUR 1.5 billion multicurrency revolving credit facility.
    • New facility builds on previous work in this area including sustainability-linked guarantee facility and sustainable finance framework.
    • Pricing mechanism linked to reduction of Nokia’s Scope 1, 2 and 3 greenhouse gas emissions.

    26 June 2025
    Espoo, Finland – Nokia announced today the recent signing of a EUR 1.5 billion five-year multicurrency revolving credit facility (“RCF”) with two one-year extension options, and continues with a sustainability pricing mechanism linking the margin of the RCF to two key RCF sustainability targets outlined below. The margin of the RCF will increase or decrease depending on Nokia’s progress towards reaching these targets. The new RCF will replace the EUR 1,412 million RCF agreement dated 18 June 2019.

    Nokia’s key RCF sustainability targets include annual target observation periods and dates, with RCF pricing adjustments impacting the following year:
    Reduction of absolute Scope 1 and 2 greenhouse gas emissions (“GHG”)
    Reduction of absolute Scope 3 GHG emissions.

    Nokia’s financing strategy is linked to its sustainability strategy and today’s announcement builds on previous sustainable finance activities. These activities include linking the margin of Nokia’s revolving credit facility to Nokia’s sustainability targets in 2019, Nokia’s first sustainability-linked guarantee facility in 2022, as well as the launch of Nokia’s sustainable finance framework in 2023.

    Nokia is committed to reducing its Scope 1, 2 and 3 GHG emissions. Nokia has a Net-Zero target of 2040 which is approved by the Science Based Targets initiative (SBTi), ensuring that Nokia’s greenhouse gas emissions targets and paths towards those targets are independently validated.

    Further information on the detailed operational approach Nokia has taken to reducing GHG emissions can be found in the Net-Zero climate transition plan detailing Nokia’s commitments and targets as well as the actions being taken to decarbonize in selected scopes. In March 2025, Nokia published its 2024 Annual Sustainability Statement, prepared for the first time in accordance with the provisions of the newly applicable EU Corporate Sustainability Reporting Directive and with the requirements of the European Sustainability Reporting Standards.

    “We’re delighted with the strong support and commitment from our key banking partners in this refinancing transaction that connects our financing strategy with our sustainability priorities,” said Marco Wirén, Chief Financial Officer, Nokia.

    “Nokia’s sustainability approach is centered on protecting and creating value for our company, and our stakeholders. We are committed to our climate transition plan, which is built to deliver efficiency and innovations in our value chain. Continuing to link the pricing of the revolving credit facility to our science-based climate goals is a strong step forward demonstrating our commitment to our sustainability targets,” said Subho Mukherjee, Vice President of Sustainability, Nokia.

    Resources and additional information
    Web Page: Nokia Sustainability
    Web Page: Nokia’s journey to Net-Zero
    Statement: Sustainability Statement

    About Nokia                         
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Media inquiries
    Nokia Press Office
    Email: press.services@nokia.com

    Follow us on social media
    LinkedIn X Instagram Facebook YouTube

    The MIL Network –

  • MIL-OSI Video: King of Spain welcome address to the #FFD4 in Sevilla, Spain | United Nations

    Source: United Nations (video statements)

    “Good evening, Your Majesty, Your Highnesses, Your Excellencies, Heads of State and Government, Vice-Presidents and leaders of international and multinational organisations, authorities, ladies and gentlemen. The Queen and I are honoured and want to extend you our warmest welcome to the Royal Alcazar of Seville and to this courtyard of the maidens, the Spanish Patio de las Doncellas. And let me tell you, it doesn’t get warmer than this.

    Now it’s pleasant, but as you know, the heat today was very, very strong. This setting is a magnificent example of everything the city represents, a true melting pot of origins, cultures and schools of thought, whose openness and conviviality are not just outward traits, they are a genuine way of viewing the world. Allow me to recall here the words attributed to Averroes, the 12th century philosopher from Al-Andalus, born in Cordoba, not too far from here, which are regrettably as appropriate now as they were so many centuries ago.

    Back then, he said, ignorance leads to fear, fear leads to hatred and hatred leads to violence. This is the equation, end of quote. I am sure you will agree that this equation, both simple and worrisome, can explain some of the conflicts of our time.

    It can also partly explain the erosion of the multilateral world. Dear friends, this conference in Seville is of enormous value, precisely because the equation that makes it happen and gives it substance is quite the opposite. What brings us to Seville for the next few days and what we expect from this conference represents a tangible source of hope for the future.

    In the face of deeply concerning and terrifying events and trends we are witnessing in our world, and it is certainly an uplifting and opposing equation that revives our battered confidence in humanity. Can we ascertain that not all is lost, that we have not wasted so many decades of real advancement in the construction of a more stable, peaceful, prosperous and sustainable world? We all have a say to this question, to answer it, to make it possible to say yes. With so many voices accusing the multilateral world of inefficiency and deadlock, this conference is proof that even if it’s not always the most direct route or the fastest, multilateralism is still the best and more durable path to peace and progress, because it includes us all and gives everyone a voice.

    At a time when it is often said that the bridges of dialogue are being torn down, this conference is bringing together over 10,000 people from all places and origins to discuss how to modernise the development finance framework to make it more effective, ambitious and resilient in dealing with the complex challenges of a rapidly changing world. While so many claim that the UN system is suffering from chronic fatigue, this conference is a reflection of the continuing importance of the Sustainable Development Goals as set out in the agenda that the UN adopted a decade ago. That agenda, just five years from its deadline, remains a yardstick for our ambition and dedication as citizens of the world.

    We are in a perfect place for assembling and building consensus. Spain welcomes you as a country that believes pragmatism must never be in opposition to principles and values. We also believe that only through broad-based participation will the world truly have a chance to succeed in global challenges such as hunger, extreme poverty, gender equality, climate change and many more.

    For all these reasons, the UN, with the values of its Charter, its agencies, its rules and its presence on the ground, is more vital than ever. We are proud to host this international conference following the ones held in Monterey, Doha and Addis Ababa. It will be a space to converse at a critical juncture about global development, financing and governance, fiscal systems, private funding and maximising the impact of ODA, Official Development Assistance.

    We eagerly await the adoptions by consensus of the Seville Commitment and the launch of the SBA, the Seville Platform for Action. From these days forth, they will be the roadmap for reinvigorating the development finance framework. Your Excellencies, dear friends, the Spanish poet Antonio Machado, born here in Seville 150 years ago, wrote, Hoy es siempre todavía, today is forever now or still now, bidding us to act now rather than later.

    Let us bear it in mind as a motto to help galvanise our will and capacity to advance in development financing, shedding light in its path forward in this tumultuous 21st century. Let us do it here and now in Seville, in Spain, in 2025. The eyes of many millions are on this conference.

    Their hopes and their needs deserve results and they certainly do not deserve failure and deception. What better place and what better time to revive their trust and confidence. Queen Letizia and I wish you success.

    We hope you also enjoy your stay here in Seville. So welcome to Spain. Welcome to Andalusia.
    (…)”

    https://www.youtube.com/watch?v=fzkpzKC1j0I

    MIL OSI Video –

  • MIL-OSI Russia: SPbPU joined the Board of Trustees of the Kyrgyz-Russian Slavic University

    Translation. Region: Russian Federal

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

    On June 26, the first meeting of the Board of Trustees of the Kyrgyz-Russian Slavic University named after B.N. Yeltsin was held in Bishkek. Peter the Great St. Petersburg Polytechnic University took part in it. The Council, formed in the spring of 2025, is called upon to promote the development of KRSU. The meeting was chaired by Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic, Chairman of the State Committee for National Security Kamchybek Tashiev, who was elected Chairman of the Board of Trustees of KRSU.

    In his speech, he emphasized the strategic importance of the university for training highly qualified personnel who will contribute to the development of Kyrgyzstan.

    KRSU is the flagship of higher education in our country. We must pay special attention to the quality of students’ training, because they will be the ones who will manage various sectors of the economy and state institutions in the future, Kamchybek Tashiev noted.

    The Board of Trustees includes 16 representatives of government agencies, academic, public and commercial organizations, industrial enterprises of Kyrgyzstan and Russia. Among the Russian members of the Board of Trustees of KRSU are the First Deputy Chairman of the Committee of the State Duma of the Russian Federation on Education, Chairman of the Council of ANO “Eurasia” Alena Arshinova, Managing Director for New Technologies and Projects of the Rostec State Corporation Maxim Nagaitsev, Rector of the St. Petersburg State Pediatric Medical University Dmitry Ivanov, Director of JSC “Petersburg Tractor Plant” Sergey Serebryakov. The Polytechnic University was represented by the Rector, Academician of the Russian Academy of Sciences Andrey Rudskoy. All members of the Board of Trustees of KRSU were unanimous in their assessment of the importance of creating a single educational space of Russia and Kyrgyzstan and the flagship role of KRSU in this integration process.

    The key topic of discussion was the KRSU development strategy until 2030 and the long-term vision until 2040. Acting Rector of the University Sergey Volkov presented a plan for the transformation of the university, including the creation of engineering and technical, biomedical and socio-humanitarian clusters. Particular attention is paid to the training of specialists in the field of artificial intelligence, cybersecurity, robotics and nuclear medicine. SPbPU, as a curator university, will assist in updating educational programs and developing a research base.

    An important event was the approval of the project for the construction of a new campus of KRSU for 15,000 students. A land plot of 30 hectares has already been allocated near the state residence “Ala-Archa”. The construction is financed by the Russian Federation, and the design will begin immediately after the signing of the intergovernmental agreement.

    Another initiative was the creation of the KRSU Endowment Fund, the first in the Kyrgyz Republic. The fund will accumulate donations and direct investment income to support students, scientific grants and infrastructure development. Members of the board of trustees, including representatives of Gazprom and Rostec, expressed their willingness to participate in its formation.

    The meeting raised issues of combating corruption in universities, expanding the network of regional colleges of KRSU and developing bilingual education programs. Kamchybek Tashiev called for strengthening efforts to preserve the Russian language in the educational space of Kyrgyzstan.

    The Russian language is not only a communication tool, but also a key to advanced knowledge. We must resist attempts to displace it, he stressed.

    The meeting ended with agreements on further cooperation. Russian universities, including SPbPU, will provide expert and methodological support to KRSU, and industrial partners will assist in the employment of graduates.

    I am confident that the combined efforts will allow KRSU to become not only the leading university in Kyrgyzstan, but also one of the leaders in education in Central Asia, summed up Igor Maslov, Head of the Russian Presidential Administration for Interregional and Cultural Relations with Foreign Countries.

    On June 27, a meeting of the Governing Council of KRSU was held. It was chaired by Deputy Minister of Science and Higher Education of the Russian Federation Konstantin Mogilevsky. At the meeting, Sergey Volkov was unanimously elected as the rector of KRSU for 5 years. The Polytechnic University congratulates Sergey Volkov on his appointment to the position and wishes him success in implementing the ambitious development tasks of the Kyrgyz-Russian Slavic University.

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

    MIL OSI Russia News –

  • MIL-OSI: Columbus – launch of share buyback programme under the “Safe Harbour” Regulation

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 8/2025

    The Board of Directors in Columbus A/S has decided to initiate a share buyback programme for a total amount of up to 
    DKK 16m. The authority to buy back shares was granted at the company’s Annual General Meeting held on 29 April 2025, allowing for share buyback of up to 10% of the share capital in the period until 29 October 2026 (18 months from the date of the General Meeting).

    Purpose
    The purpose of the share buyback programme is to reduce the Company’s share capital and to hedge obligations under share-based incentive schemes. At the next Annual General Meeting in April 2026, the Board intends to propose a cancellation of shares acquired under the programme, unless such shares are used to meet obligations under share-based incentive schemes.

    Timeline
    The share buyback programme will run from 30 June 2025 until 11 March 2026 at the latest, both days included. During this period, Columbus A/S may buy back shares for a total amount of up to DKK 16m in accordance with article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, which together with MAR constitutes the ‘Safe Harbour’ Regulation.

    Terms of the share buyback

    • Columbus A/S has appointed Nordea Danmark, Filial af Nordea Bank Abp, Finland as lead manager to execute the buyback independently and without any influence from Columbus A/S, and within the parameters set out in this announcement.
    • A maximum of 1.6 million shares may be acquired under the buyback programme, corresponding to 1.24% of the current share capital of Columbus A/S.
    • Shares may not be acquired at a price deviating by more than 10% from the most recently quoted market price of the shares on Nasdaq Copenhagen at the time of acquisition.
    • The share purchase price may not exceed the price of the last registered independent trade or the price of the highest independent bid on the trading venue.
    • The maximum number of shares that may be acquired on any single trading day may not exceed 25% of the average daily trading volume of Columbus A/S shares on the relevant trading venue. The average daily volume figure must be based on the average daily volume traded in the 20 trading days preceding the date of purchase.

    A company announcement will be published weekly throughout the duration of the programme with details of transactions executed under the programme.

    Ib Kunøe                        Søren Krogh Knudsen
    Chairman of the Board                CEO & President

    For further information, please contact:
    CEO & President, Søren Krogh Knudsen, +45 70 20 50 00

    Attachment

    The MIL Network –

  • MIL-OSI: Columbus – launch of share buyback programme under the “Safe Harbour” Regulation

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 8/2025

    The Board of Directors in Columbus A/S has decided to initiate a share buyback programme for a total amount of up to 
    DKK 16m. The authority to buy back shares was granted at the company’s Annual General Meeting held on 29 April 2025, allowing for share buyback of up to 10% of the share capital in the period until 29 October 2026 (18 months from the date of the General Meeting).

    Purpose
    The purpose of the share buyback programme is to reduce the Company’s share capital and to hedge obligations under share-based incentive schemes. At the next Annual General Meeting in April 2026, the Board intends to propose a cancellation of shares acquired under the programme, unless such shares are used to meet obligations under share-based incentive schemes.

    Timeline
    The share buyback programme will run from 30 June 2025 until 11 March 2026 at the latest, both days included. During this period, Columbus A/S may buy back shares for a total amount of up to DKK 16m in accordance with article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, which together with MAR constitutes the ‘Safe Harbour’ Regulation.

    Terms of the share buyback

    • Columbus A/S has appointed Nordea Danmark, Filial af Nordea Bank Abp, Finland as lead manager to execute the buyback independently and without any influence from Columbus A/S, and within the parameters set out in this announcement.
    • A maximum of 1.6 million shares may be acquired under the buyback programme, corresponding to 1.24% of the current share capital of Columbus A/S.
    • Shares may not be acquired at a price deviating by more than 10% from the most recently quoted market price of the shares on Nasdaq Copenhagen at the time of acquisition.
    • The share purchase price may not exceed the price of the last registered independent trade or the price of the highest independent bid on the trading venue.
    • The maximum number of shares that may be acquired on any single trading day may not exceed 25% of the average daily trading volume of Columbus A/S shares on the relevant trading venue. The average daily volume figure must be based on the average daily volume traded in the 20 trading days preceding the date of purchase.

    A company announcement will be published weekly throughout the duration of the programme with details of transactions executed under the programme.

    Ib Kunøe                        Søren Krogh Knudsen
    Chairman of the Board                CEO & President

    For further information, please contact:
    CEO & President, Søren Krogh Knudsen, +45 70 20 50 00

    Attachment

    The MIL Network –

  • Pace of Ukraine talks hinges on efforts of Kyiv, Washington, Kremlin says

    Source: Government of India

    Source: Government of India (4)

    The pace of talks to resolve the war in Ukraine depends on Kyiv’s position, the effectiveness of U.S. mediation, and the situation on the ground, Kremlin spokesman Dmitry Peskov said in remarks televised on Sunday.

    Five months into U.S. President Donald Trump’s term, there is no clear end to the war Russia launched in February 2022 against its smaller neighbour, despite his 2024 campaign vow to end it in one day.

    Trump, who has pushed both sides towards ceasefire talks since his January inauguration, said on Friday he thinks “something will happen” about a settlement of the war.

    “A lot depends, naturally, on the position of the Kyiv regime,” Peskov told Belarus 1 TV, the main state television channel in Russia’s neighbour.

    “It depends on how effectively Washington’s mediating efforts continue,” he said, adding that the situation on the ground was another factor that could not be ignored.

    Peskov did not elaborate on what Moscow expects from Washington or Kyiv. Moscow has been demanding that Ukraine cede more land and abandon Western military support, conditions Kyiv calls unacceptable.

    While no date has been set for the next round of talks, Peskov said Russia hoped dates would become clear “in the near future.”

    After a gap of more than three years, Russia and Ukraine held face-to-face talks in Istanbul on May 16 and June 2 that led to a series of prisoner exchanges and the return of their dead soldiers.

    They have made no progress towards a ceasefire, however. Their blueprints for a peace deal shared at the June 2 talks were “absolutely contradictory memorandums”, Russian President Vladimir Putin said on Friday.

    Russia, which already controls about a fifth of Ukraine, continues to advance gradually, gaining ground in recent weeks in Ukraine’s southeastern regions of Donetsk and Dnipropetrovsk, and ramping up air attacks nationwide.

    Turkey, which hosted the previous round of talks, is ready to host them again, it said on Friday.

    (Reuters)

  • MIL-OSI: 37/2025・Trifork Group: Weekly report on share buyback

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 37 / 2025
    Schindellegi, Switzerland – 30 June 2025

    Trifork Group: Weekly report on share buyback

    On 28 February 2025, Trifork initiated a share buyback program in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, (Safe Harbour regulation). The share buyback program runs from 4 March 2025 up to and including no later than 30 June 2025. For details, please see company announcement no. 7 of 28 February 2025.

    Under the share buyback program, Trifork will purchase shares for up to a total of DKK 14.92 million (approximately EUR 2 million). Prior to the launch of the share buyback, Trifork held 256,329 treasury shares, corresponding to 1.3% of the share capital. Under the program, the following transactions have been made:

            Number of shares        Average purchase price (DKK)        Transaction value (DKK)
    Total beginning 122,459 88.90 10,886,082
    23 June 2025 1,765 96.05 169,528
    24 June 2025 1,900 97.32 184,908
    25 June 2025 1,900 96.01 182,419
    26 June 2025 1,900 95.05 180,595
    27 June 2025 1,900 93.31 177,289
    Accumulated 131,824 89.37 11,780,821

    A detailed overview of the daily transactions can be found here: https://investor.trifork.com/trifork-shares/

    Since the share buyback program was started on 4 March 2025, the total number of repurchased shares is 131,824 at a total amount of DKK 11,780,821.
    On 25 March, 25 April, 23 May and 25 June 2025, 5,739 shares acquired through the share buyback program were utilized for the Executive Management’s monthly fixed salary, representing a change from cash payment to payment partly in shares (refer to company announcement no. 1 of 21 January 2025). On 1 April 2025, 19,943 shares acquired through the share buyback program were utilized to serve the RSU plan of Executive Management and certain employees.

    With the transactions stated above, Trifork holds a total of 363,840 treasury shares, corresponding to 1.8%. The total number of registered shares in Trifork is 19,744,899. Adjusted for treasury shares, the number of outstanding shares is 19,381,059.

    Investor and media contact
    Frederik Svanholm, Group Investment Director, frsv@trifork.com, +41 79 357 73 17

    About Trifork
    Trifork (Nasdaq Copenhagen: TRIFOR) is a pioneering global technology company, empowering enterprise and public sector customers with innovative digital products and solutions. With 1,215 professionals across 71 business units in 16 countries, Trifork specializes in designing, building, and operating advanced software across sectors such as public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. The Group’s R&D arm, Trifork Labs, drives innovation by investing in and developing synergistic, high-potential technology companies. Learn more at trifork.com.

    Attachment

    The MIL Network –

  • MIL-OSI: Notice of Digitalist Group Plc’s Extraordinary General Meeting

    Source: GlobeNewswire (MIL-OSI)

    Digitalist Group Plc                                                                 30 June 2025 at 09:00                       

               

    NOTICE OF DIGITALIST GROUP PLC’S EXTRAORDINARY GENERAL MEETING

    Notice is given to the shareholders of Digitalist Group Plc (“Company”) of the Extraordinary General Meeting to be held on Wednesday 13 August 2025 at 10 a.m. at the address Siltasaarenkatu 18-20 C, 00530 Helsinki, Finland. The reception of persons who have registered for the meeting and the distribution of voting tickets will commence at 9.15 a.m. Coffee will be served before the meeting to participants in the meeting.

    A. MATTERS ON THE AGENDA OF THE EXTRAORDINARY GENERAL MEETING

    The following matters will be considered at the Extraordinary General Meeting:

    1. Opening of the meeting
    1. Calling the meeting to order
    1. Election of persons to scrutinise the minutes and to supervise the counting of votes
    1. Recording the legality of the meeting
    1. Recording the attendance at the meeting and adoption of the list of votes
    1. Share consolidation and the related free directed share issue and redemption of shares

    The Board of Directors proposes to the Extraordinary General Meeting that the Extraordinary General Meeting resolve on the consolidation of the Company’s shares, meaning a reduction in the number of shares. The arrangement is proposed to be implemented through a free directed share issue by transferring the Company’s own shares held in treasury without consideration, and by redeeming the Company’s shares without consideration, so that after the measures proposed herein, each current 250 shares of the Company would correspond to one (1) share in the Company. The current total number of shares in the Company is 693,430,455.

    The objective of the share consolidation is to improve the trading conditions of the Company’s shares by increasing the value per share and improving the price formation of the share. It would not be possible to implement the share redemption required for the consolidation with a sufficiently high redemption ratio without the simultaneous free share issue. The Board considers that the share consolidation is in the best interests of the Company and all its shareholders and that there is thus a particularly weighty financial reason from the Company’s perspective and considering the interests of all shareholders for the consolidation and the related share issue and redemption. The arrangement will not affect the Company’s equity.

    To avoid the creation of fractional shares, the Board proposes that as part of the share consolidation, the Company will transfer its own shares held in treasury without consideration through a directed free share issue in such a way that the number of shares recorded on each book-entry account holding Digitalist Group Plc’s shares on the consolidation date (“Consolidation Date”) will be made divisible by 250. The theoretical maximum number of own shares to be transferred will be calculated by multiplying the total number of such book-entry accounts on the Consolidation Date by 249. Based on an estimate made at the time of the notice to the Extraordinary General Meeting, the theoretical maximum number of shares to be transferred in the directed free share issue would be approximately 1,650,000 shares held by the Company, but to ensure the execution of the share consolidation arrangement, the maximum number of own shares to be transferred in the share issue is proposed to be 4,850,000 shares. The Board is authorized to decide on all other matters related to the transfer of own shares without consideration.

    Simultaneously with the aforementioned transfer of the Company’s shares, the Company will redeem from each shareholder’s book-entry account on the Consolidation Date without consideration a number of shares determined by multiplying the number of shares on each book-entry account by the factor 249/250 (the “Redemption Ratio”). Thus, for every 250 Company shares, 249 Company shares will be redeemed. Based on the situation on the date of the General Meeting notice, the number of shares to be redeemed would be approximately 691,500,000 shares. The Board is authorized to decide on all other matters relating to the redemption of shares. The shares redeemed in connection with the share consolidation will be cancelled immediately upon redemption and will not increase the number of the Company’s own shares held in treasury. Additionally, in connection with the consolidation, a number of the Company’s own treasury shares will be cancelled so that the number of own shares held by the Company and the total number of shares in the Company will both become divisible by 250, and the number of treasury shares will decrease proportionally to the Redemption Ratio.

    The share consolidation will, according to the proposal, be implemented in the book-entry system after the close of trading on 15 August 2025 (the “Consolidation Date”). The cancellation of shares and the new total number of shares in the Company are intended to be registered with the Finnish Trade Register by approximately 18 August 2025. Trading with the Company’s shares under the new total number of shares is expected to commence on Nasdaq Helsinki with a new ISIN code on or about 18 August 2025.

    The proposals included under this item 6 form a single entirety, which requires that both the related directed free share issue and the redemption of shares be approved in a single resolution. The implementation of the proposed share consolidation is conditional on the ability to make the number of shares recorded in each book-entry account divisible by 250 on the Consolidation Date within the maximum number of own shares to be transferred as described above. The consolidation in the proposed manner would not lead to the redemption of all shares from any shareholder.

    Furthermore, the Board proposes that the Extraordinary General Meeting authorize the Board to amend the terms of the Company’s issued special rights and option rights to take into account the share consolidation. If implemented, the arrangement will not require any action from shareholders. If necessary, the trading of the Company’s shares on Nasdaq Helsinki may be temporarily suspended to allow for the required technical arrangements related to the consolidation.
      

    1. Authorisation of the Board of Directors to decide on share issues and on granting special rights entitling to shares

    The Board of Directors proposes that the Extraordinary General Meeting authorise the Board to decide on a share issue, which may be either against payment or without payment, as well as on granting option rights and other special rights entitling to shares that are set out in Chapter 10 Section 1 of the Finnish Limited Liability Companies Act, or on the combination of all or some of the aforementioned instruments in one or more tranches on the following terms and conditions:

    The total number of the Company’s treasury shares and new shares to be issued under the authorisation may not exceed 1,386,000, which corresponds to approximately 50 per cent of all the Company’s shares following the proposed share consolidation as set out in section 6 above.

    Within the limits of the aforementioned authorisation, the Board of Directors may decide on all terms and conditions applied to the share issue and to the special rights entitling to shares, such as that the payment of the subscription price may take place not only by cash but also by setting off receivables that the subscriber has from the Company.

    The Board of Directors shall be entitled to decide on crediting the subscription price either to the Company’s share capital or, entirely or in part, to the invested unrestricted equity fund.

    The share issue and the issuance of special rights entitling to shares may also take place in a directed manner in deviation from the pre-emptive rights of shareholders if there is a weighty financial reason for the Company to do so, as set out the Limited Liability Companies Act. In such a case, the authorisation may be used to finance corporate acquisitions or other investments related to the operations of the Company, to implement corporate restructuring arrangements as well as to maintain and improve the solvency of the Group and to carry out an incentive scheme.

    The authorization is proposed to remain in force until the Annual General Meeting to be held in 2026, however no longer than until 30 June 2026, and it is proposed to revoke the corresponding authorization granted by the Annual General Meeting on 29 April 2025.

    The decision concerning the authorisation requires a qualified majority of at least two thirds of the votes cast and shares represented at the meeting. 

    1. Authorising the Board of Directors to decide on the acquisition and/or on the acceptance as pledge of the Company’s treasury shares

    The Board of Directors proposes that the Extraordinary General Meeting authorise the Board to decide on acquiring or accepting as pledge, using the Company’s distributable funds, a maximum of 270,000 treasury shares, which corresponds to approximately 10 per cent of the Company’s total shares following the proposed share consolidation as set out in section 6 above. The acquisition may take place in one or more tranches. The acquisition price shall not exceed the highest market price of the share in public trading at the time of the acquisition.

    In executing the acquisition of treasury shares, the Company may enter into derivative, share lending or other contracts customary in the capital market, within the limits set out in laws and regulations. The authorisation entitles the Board to decide on an acquisition in a manner other than in a proportion to the shares held by the shareholders (directed acquisition).

    The Company may acquire the shares to execute corporate acquisitions or other business arrangements related to the Company’s operations, to improve its capital structure, or to otherwise further transfer the shares or cancel them.

    The authorisation is proposed to include the right for the Board of Directors to decide on all other matters related to the acquisition of shares.

    The authorization is proposed to remain in force until the Annual General Meeting to be held in 2026, however no longer than until 30 June 2026, and it is proposed to revoke the corresponding authorization granted by the Annual General Meeting on 29 April 2025.

    The decision concerning the authorisation requires a qualified majority of at least two thirds of the votes cast and shares represented at the meeting.

    1. Closing of the Meeting

    B. DOCUMENTS OF THE EXTRAORDINARY GENERAL MEETING

    The above-mentioned proposals on the agenda of the Extraordinary General Meeting, the financial statements, the report of the Board of Directors, and the auditor’s report of Digitalist Group Plc, the minutes of the Annual General Meeting held on April 29, 2025, the management’s interim statement for Q1/2025, and the Board of Directors’ report on material events affecting the company’s position after the preparation of the financial statements, as well as this notice to the meeting, will be available to shareholders on Digitalist Group Plc’s website at https://investor.digitalistgroup.com/fi/investor/governance/annual-general-meeting no later than three weeks before the Extraordinary General Meeting. These documents will also be available at the Extraordinary General Meeting, and copies of them as well as this notice will be sent to shareholders upon request. A separate invitation to the Extraordinary General Meeting will not be sent to shareholders. The minutes of the Extraordinary General Meeting will be available on the above-mentioned website no later than August 27, 2025.

    C. INSTRUCTIONS FOR THE PARTICIPANTS IN THE EXTRAORDINARY GENERAL MEETING

    1. Right to participate and registration

    Shareholders who are on the record date of the Extraordinary General Meeting, 1 August 2025, registered in the Company’s shareholders’ register, maintained by Euroclear Finland Ltd, are entitled to attend the meeting. Shareholders whose shares are registered on their personal Finnish book-entry accounts are registered in the shareholders’ register of the Company.

    Shareholders who wish to attend the Extraordinary General Meeting must give advance notice of their attendance, and the Company must receive such notice, no later than by 4 p.m. on 8 August 2025. Registration for the Extraordinary General Meeting takes place:
                                        

    1. Via Company’s website at https://investor.digitalistgroup.com/fi/investor/governance/annual-general-meeting in accordance with the instructions provided therein;
    2. by email to yhtiokokous@digitalistgroup.com;
    3. by mail to Digitalist Group Plc/Extraordinary General Meeting, Siltasaarenkatu 18-20, 00530 Helsinki, Finland;
    4. by telephone between 9:00 and 16:00 to Aila Mettälä at +358 40 531 0678;

    When giving an advance notice of attendance, please state the shareholder’s name, date of birth / business ID, address, telephone number and the name of any assistant or proxy representative and date of birth of the proxy representative. Personal data provided to the Company by its shareholders is used only in connection with the Extraordinary General Meeting and with processing the necessary registrations related to the meeting.  

    1. Proxy representative and proxy documents

    A shareholder may participate in the Extraordinary General Meeting, and exercise their rights at the Extraordinary General Meeting, by way of proxy representation.

    The shareholder’s proxy representative must produce a dated proxy document or otherwise in a reliable manner demonstrate their right to represent the shareholder. If a shareholder participates in the Extraordinary General Meeting through several proxy representatives representing the shareholder with shares on different securities accounts, the shares by which each proxy representative represents the shareholder shall be identified in connection with the registration for the Extraordinary General Meeting.

    Please furnish the Company with any proxy documents as an email attachment (e.g. in PDF) or by mail, using the above-mentioned contact information for registration, before the last date for registration. In addition to submitting proxy documents, shareholders or their proxy representatives must ensure that they have registered for the Extraordinary General Meeting in the manner described above in this notice.

    Shareholders can also use the electronic Suomi.fi authorization service instead of a traditional proxy document. In this case, the shareholder authorizes a proxy that he/she/it nominates in the Suomi.fi authorization service on the website suomi.fi/e-authorizations (using the mandate theme “Representation at the General Meeting “). In connection with the Extraordinary General Meeting service, any person so authorized must identify themselves with strong electronic identification in connection with the registration, after which the electronic authorization will be checked automatically. Strong electronic identification works with online banking credentials or Mobile ID. More information on the electronic authorization service is available on the website suomi.fi/e-authorizations.    

    1. Holders of nominee-registered shares

    A holder of nominee registered shares has the right to participate in the Extraordinary General Meeting by virtue of such shares based on which they would be entitled to be registered in the shareholders’ register of the Company, maintained by Euroclear Finland Ltd, on 1 August 2025.

    Holders of nominee-registered shares are advised to contact their asset managers for information on how to enter the shareholders’ register, on the issuance of proxies and on submitting their notice of attendance in the Extraordinary General Meeting well before the meeting. The account management organisation of the custodian bank must register any holder of nominee-registered shares who wishes to participate in the Extraordinary General Meeting into the temporary shareholders’ register of the Company by 10 a.m. on 8 August 2025 at the latest.

    1. Other instructions and information

    The language of the meeting is mainly Finnish.

    Pursuant to Chapter 5 Section 25 of the Finnish Limited Liability Companies Act, a shareholder who is present at the Extraordinary General Meeting has the right to request information with respect to the matters to be considered at the meeting.

    Changes in shareholding after the record date of the Extraordinary General Meeting will not affect the right to participate in the Extraordinary General Meeting or the number of voting rights held by a shareholder in the meeting.
          
    On the date of this notice of the Extraordinary General Meeting the total number of shares in Digitalist Group Plc, and votes represented by such shares, is 693,430,455. As of June 30, 2025, the company holds a total of 7,664,943 own shares, which do not carry voting rights at the Extraordinary General Meeting.

    In Helsinki on 30 June 2025

    DIGITALIST GROUP PLC                                                                     
    Board of Directors

    For further information, please contact:

    CEO Magnus Leijonborg, tel. +46 76 315 8422,
    magnus.leijonborg@digitalistgroup.com

    Chair of the Board: Esa Matikainen, tel. +358 40 506 0080, esa.matikainen@digitalistgroup.com

    Distribution:

    Nasdaq Helsinki Ltd
    Main media
    https://digitalist.global
                                                                                                                          

    The MIL Network –

  • MIL-OSI: Haffner Energy Reports Annual Results for Fiscal Year 2024-2025

    Source: GlobeNewswire (MIL-OSI)

    Haffner Energy Reports Annual Results for Fiscal Year 2024-2025

    Strategic milestones were reached, opening up the prospect of a commercial and economic ramp-up in the current financial year

    Vitry-le-François, France – June 30, 2025, 08:00am (CEST)

    • 2024-2025, a year of milestones demonstrating Haffner Energy‘s technological maturity: commissioning of the Marolles showcase site and green hydrogen production kick-off; signature of a first contract essential to the development of a hydrogen, electricity, and biochar production unit at the Corbat Group site in Glovelier, Switzerland; new strategic partnerships with recognized international players, particularly in the SAF industry;
    • Launch of a capital increase1 that resulted, after the close of the fiscal year, in a €7M fundraising with widening of the free float to almost 25%;
    • Net cash available of €559k at 03/31/2025 and a significantly reduced cash-burn rate, thanks to the ramp-up of the cash preservation plan initiated in November 2023;
    • EBITDA* improved significantly to -€10,011k, driven by revenue returning to positive at €378k and cost reductions, and a net loss of -€12,311k for the year ended 03/31/2025;
    • A consolidated 2025-2026 commercial outlook (total pipeline of €1.55Bn and €388M weighted pipeline2 at the end of March 2025) and a confirmed EBITDA-breakeven target at 03/31/2026.

    HAFFNER ENERGY (ISIN code: FR0014007ND6 – Ticker: ALHAF), just published its consolidated annual results at 03/31/2025, as approved on 06/27/2025 by the Board of Directors. On this occasion, the Company provided an update on its progress and outlook.

    Philippe HAFFNER, Co-founder and CEO of Haffner Energy said:

    “The 2024-2025 financial year is in continuity with the path we embarked on back in the second half of 2023. After launching new offers to expand our addressable market beyond hydrogen and achieving a significant increase in our project portfolio, we continue to roll out our roadmap. This year, we have carried out structuring projects that bring us closer to our objective of profitable growth: first, we have set up an industrial-scale showcase site in Marolles presenting all our technologies, whether in operation or still in development – seemingly the first site in the world to produce green hydrogen from solid biomass; this decisive element for the conversion of our project pipeline into contracts has already enabled us to sign a first contract for the installation of a hydrogen, electricity, and biochar production unit in Switzerland. To support our development, we have also continued to strengthen our network of partnerships with leading players, such as LanzaJet, LanzaTech, Atoba, and Luxaviation for the SAF market.

    In terms of financial results, although the conversion of our project pipeline into contracts had not yet materialized at 03/31/2025 and we remain in a loss-making position, we have recorded an improvement in our EBITDA thanks to the cost-cutting efforts undertaken to preserve our cash. With the first significant contracts expected to be signed, the 2025-2026 financial year should enable us to achieve our target of breakeven EBITDA by March 31, 2026.

    The capital increase launched at the end of the financial year, to which the family holding company Haffner Participation contributed €950k, resulted in a €7M fundraising in early April 2025. It will enable us to support the Company’s development. The success of this operation is due in particular to the commitment of most of our historical shareholders and to the arrival of new investors. We would like to thank them for their confidence in our project and our prospects, despite the recent turbulence on the Haffner Energy stock market.”

    I. 2024-2025: ADVANCES ILLUSTRATE HAFFNER ENERGY’S TECHNOLOGICAL MATURITY

    During the FY 2024-2025, Haffner Energy took crucial steps to accelerate its commercial and industrial development, with the creation of the Marolles showcase site and the signing of major partnership agreements, particularly in the SAF industry.

    Operational commissioning of the Marolles hydrogen and renewable gas production, testing and training center: a strategic priority for the year

    During the period, the attention of the Haffner Energy team was particularly focused on the installation and commissioning of a showcase site for the Company’s technologies and expertise in the Vitry-Marolles business park (Marne County), near its headquarters. Started in late 2023, the development of this production, testing and training center unfolded in several stages: after archaeological excavations, site preparation and equipment assembly, the center entered the renewable gas (syngas) production phase on June 18, 2024 (cf. 06/20/2024 press release). Equipped with new-generation equipment and intended to operate continuously 8,000 hours per year, this site was inaugurated on November 22, 2024, during Industry Week (cf. 11/22/2024 press release and press kit).

    After obtaining regulatory approvals and installing additional equipment, the team dedicated to this project reached a strategic milestone for Haffner Energy’s industrial and commercial development with, in February 2025, the commissioning of mobility-grade green hydrogen production (cf. 02/26/2025 press releases). Green hydrogen produced as part of the activities on the Marolles site – 120 tonnes/year – is to be commercialized. Haffner Energy already signed an offtake Memorandum of Understanding on December 16, 2024, with a French operator specializing in hydrogen removal and resale in order to decarbonize mobility and industry.

    This site now allows the Company’s customers and prospects to test the range of possibilities offered by Haffner Energy technologies at full-scale and with their own biomass: production of “super green” gas and hydrogen, co-production of electricity, production and/or gasification of biocarbon and/or biochar. This site is also intended to train their teams in operating and maintaining the equipment.

    This project, which has resulted in the world’s first known site producing hydrogen from solid biomass residues, was made possible thanks to the support and commitment of the French public authorities through various local and national entities. It has thus benefited from more than €1.5M in public funding3, demonstrating the trust placed in Haffner Energy to contribute to the green reindustrialization strategy led by the French government.

    While the success of this structuring project attests to Haffner Energy’s technological and industrial maturity, it will also demonstrate the economic and ecological relevance of its technologies. Indeed, compared to alternative technologies, water electrolysis in particular, the “super green” hydrogen produced by Haffner Energy through its thermolysis technology is especially competitive due to the low cost of the primary energy used (biomass), combined with excellent energy efficiency (+ 75% for installations > 20MW). In addition, this hydrogen is carbon negative when co-produced biochar is used to sequester biogenic carbon.

    This showcase site is therefore a decisive tool to realize the Company’s commercial potential. In the short term, it will allow several contracts awaiting signature to move forward, as evidenced by the recent signing of a first contract for the construction of a hydrogen, electricity, and biochar production unit from forestry residues on the Corbat Group site in Glovelier, Switzerland, for H2bois SA. This unit, which is expected to be commissioned in July 2026, represents a total order value for Haffner Energy that is likely to reach €8.3M including options (cf. 03/12/2025 press release).

    2024-2025: new strategic partnerships with leading players

    The growing maturity of Haffner Energy’s technologies in their various applications has enabled the Company to amplify the process of building strategic partnerships already underway and to gain the trust of leading players. During this past year, new agreements have mainly occurred in the SAF industry, the Company’s priority segment given its market potential.

    Haffner Energy established a first partnership with the American company LanzaJet in June 2024 in the context of its SAF production plant project, Paris-Vatry SAF (cf. 06/06/2024 press release). A global leader in ATJ (Alcohol-to-Jet) technology, LanzaJet is a remarkably advanced player in the industry with more than 90 SAF projects in its portfolio. It was named in 2024 by Time Magazine as one of the “100 Most Influential Companies”. Its investors include the Aéroport de Paris (ADP) group, British Airways, Airbus, Southwest Airlines and Microsoft, among others.

    A key agreement was also signed in September 2024 with IðunnH2, the green hydrogen and sustainable e-fuel project developer in charge of Iceland’s largest e-SAF production plant project (65,000-tonne capacity). Located near Keflavík International Airport, the site is to be commissioned in 2028, using biogenic carbon from on-site biocarbon gasification with Haffner Energy’s patented technology. This solution was chosen by IðunnH2 for its ability to significantly reduce costs and increase productivity in the e-SAF production process. Indeed, in Iceland, the limited volumes of local biomass mean low access to biogenic carbon, an essential component of SAF. Haffner Energy’s supplies of solid biocarbon, gasified on-site by its Gasiliner®, will provide a competitive and flexible alternative to the usual option of biogenic CO2, a gas that is expensive to capture, transport and store. (cf. 09/02/2024 press release).

    Keen to amplify the scope of their first partnership, Haffner Energy and LanzaJet announced another partnership agreement in January 2025 (cf. 01/28/2025 press release), accompanied by LanzaTech, the developer of a differentiating solution for transforming syngas into ethanol and a LanzaJet shareholder. The Nasdaq-listed company is a recognized leader in commercial carbon management solutions.

    The objective of the tripartite agreement is to explore joint projects for the conversion of biomass residues into sustainable aviation fuel across the entire SAF production value chain by combining the technologies of the three companies. It also involves exploring a variety of opportunities, including the development of industrial facilities, fuel purchase agreements, and joint technology licenses, as well as financial support and/or investment in specific SAF projects.

    Haffner Energy also entered into a partnership agreement with ATOBA Energy in February 2025 (cf. 02/20/2025 press release), a SAF aggregator whose purpose is to solve the financial dilemma between airlines and producers by allowing different players to benefit from long-term SAF contracts at optimized prices, in particular through off-takes from diversified producers and technologies. This partnership should facilitate the financing of Haffner Energy’s SAF projects by removing the barriers of this value chain, as production plant projects struggle with signing the necessary contracts to guarantee investment returns. The identification of Haffner Energy by ATOBA Energy as a strategic player in the SAF ecosystem is another testament to the competitiveness of its technological solutions.

    Lastly, after the end of the fiscal year, Haffner Energy announced a partnership agreement with global business aviation leader Luxaviation to accelerate the production and promotion of SAF. Luxaviation is to take an active role in SAF Zero (cf. 06/18/2024 press release), an initiative launched by Haffner Energy in September 2024 (cf. 09/12/2024 press release).

    In addition, Haffner Energy has pursued its partnership approach aimed at diversifying its sustainable biomass supply sources. In France, a new agreement was signed in August 2024 with Bambbco, leader in the development of the bamboo industry in France (cf. 09/24/2024 press release). The partnership aims to improve the energy use of biomass, particularly on marginal lands and semi-desert areas, by creating local ecosystems for SAF projects. In a similar fashion, Haffner Energy had signed a partnership early 2024 with the US company Hexas, specialized in the production of raw plant-based materials from its regenerative crop: XanoGrass™ (cf. 03/13/2024 press release).

    II. SUCCESSFULLY RAISING THE FUNDS NEEDED TO FINANCE THE COMPANY’S GROWTH

    Shortly before FY 2024-2025 ended, Haffner Energy launched a capital increase through the issue of shares with share subscription warrants (ABSA), while maintaining shareholders’ preferential subscription rights (DPS).

    This operation’s final completion, materialized by the settlement-delivery of the shares on April 4, 2025, i.e. just after the close of the fiscal year, enabled the company to raise €7M and expand its free float, which now stands at almost 25% of the capital.

    As announced in June 2024, and within the framework of the authorizations granted by the Annual General Meeting of September 12, 2024, Haffner Energy raised funds to accelerate the Company’s development. Following a decision by the Board of Directors at its meeting of March 12, 2025, this took the form of a €7M capital increase through the issue of ABSAs with shareholders’ preferential subscription rights (DPS).

    A two-stage transaction: €7M through the issue of ABSAs, potentially doubled if the warrants are exercised within 18 months.

    As a reminder, the operation had the following characteristics:

    – Transaction eligible for the IR-PME, PEA and PEA-PME, FIP-FCPI and Article 150-0 B ter schemes
    – Allocation of preferential subscription rights (DPS): on the basis of 1 preferential subscription right for 1 share held on 03/14/2025
    – Negotiability of DPS from 03/17/2025 to 03/26/2025 inclusive
    – Subscription ratio: 9 ABSA for 23 Existing Shares
    – Subscription price per ABSA: €0.40, i.e. a 59% discount to the closing price on 03/12/2025, the day before the transaction was announced (€0.98).
    – ABSA subscription period from 03/19/2025 to 03/28/2025 inclusive
    – Final completion of the issue recorded on 04/04/2025, for an amount of €6,995,497.60, of which €1,748,874.40 par value and €5,246,623.20 issue premium, bringing the Company’s share capital to €6,218,220.10.
    – Settlement-delivery of the ABSA: 04/04/2025
    – Trading of New Shares (ISIN: FR0014007ND6 – Ticker: ALHAF) and BSAs (ISIN FR001400Y4X9) on Euronext Growth in Paris since 04/04/2025Trading of New Shares (ISIN: FR0014007ND6 – Ticker: ALHAF) and BSAs (ISIN FR001400Y4X9) on Euronext Growth in Paris since 04/04/2025
    – Terms and conditions of exercise of the warrants attached to the ABSAs (on the basis of 1 warrant per New Share): as from 04/04/2026 for a period of 6 months, 3 warrants entitling the holder to subscribe to one New Share at a price of €1.20. Exercise of all the warrants would ultimately represent a potential capital increase of €6,995,498 gross.

    This operation benefited from the renewed support of historical shareholders (Haffner Participation, VICAT, EUREFI) and new investors, who had committed to participate in the transaction up to €5.5M.

    It was carried out with the assistance of Gilbert Dupont, as global coordinator and bookrunner, and CIC Market Solutions as custodian.

    Post-transaction, a modified capital structure and a near-doubling of the free float

    The gross capital increase recorded by the Board of Directors at its meeting on April 1, 2025 amounted to €6,995,497.60, including €1,748,874.40 nominal value and €5,246,623.60 share premium, and resulted in the issuance of 17,488,744 ABSAs at a subscription price of €0.40 per share, including €0.10 nominal value and €0.30 issue premium (cf. press releases of 2/04/2025 and 4/04/2025).

    Following the issuance of ABSA, Haffner Energy’s share capital was increased to €6,218,220.10 divided into 62,182,201 ordinary shares with a nominal value of €0.10.

    The operation led to a change in the breakdown of capital and voting rights. In particular, the capital increase led to a significant increase in the free float (from 12.83% to 24.75%), which should ultimately prove positive for the share’s attractiveness.

    Table: Impact of the ABSA issue on the breakdown of share capital and Differential Voting Rights

      Before Capital Increase After Capital Increase
      Number of shares % of Capital Number of DVR % of exercisable DVRs Number of shares % of Capital Number of DVR % of exercisable DVRs
    Haffner Participation 17 824 000 39,88% 35 648 000 45,15% 20 199 000 32,48% 38 023 000 39,42%
    Eurefi 5 741 600 12,85% 11 483 200 14,54% 8 311 600 13,37% 14 053 200 14,57%
    Sous total Concert 23 565 600 52,73% 47 131 200 59,69% 28 510 600 45,85% 52 076 200 53,99%
    Vicat 1 175 000 2,63% 1 175 000 1,49% 3 675 000 5,91% 3 675 000 3,81%
    Eren Industries 1 000 000 2,24% 2 000 000 2,53% 1 391 302 2,24% 2 391 302 2,48%
    Kouros 11 826 112 26,46% 21 920 542 27,76% 11 826 112 19,02% 21 920 542 22,73%
    HRS 1 000 000 2,24% 1 000 000 1,27% 1 000 000 1,61% 1 000 000 1,04%
    Flottant 5 736 238 12,83% 5 736 238 7,26% 15 388 680 24,75% 15 388 680 15,95%
    Self-holding 390 507 0,87% – 0,00% 390 507 0,63% – 0,00%
    TOTAL 44 693 457 100% 78 962 980 100% 62 182 201 100% 96 451 724 100%

    For the record, a shareholder who did not take part in the operation and previously held 1% of the capital saw a dilutive effect of 0.72% applied to his position.

    After the operation, stock price in turmoil 

    Mechanically, and all other things being equal, Haffner Energy’s share price should have fallen by around 28%, in line with the dilutive effect. However, following the capital increase, the share experienced unexpectedly high trading volumes, due first and foremost to massive and disorderly selling, leading to a drop in the share price to a low of €0.25 on 04/18/2025. Since then, the stock price has begun to rise again (to €0.35 on 06/23/2025). Trade is still occurring in very high volumes, without Haffner Energy having any specific information on their origin.

    III. CONSOLIDATED FINANCIAL RESULTS OF LOW SIGNIFICANCE, MARKED BY EFFORTS TO IMPROVE EBITDA AND PRESERVE CASH

    The consolidated financial statements presented below, for which audit procedures are in progress, were approved by the Board of Directors at its 06/27/2025 meeting. The scope of consolidation and accounting methods used at March 31, 2025, are unchanged from the previous year: Haffner Energy’s consolidated financial statements have been prepared in accordance with IFRS; the only consolidated subsidiary is Jacquier.

    In terms of consolidated financial results, FY 2024-2025 displays a similar profile to the previous one, albeit with a few changes.

    In thousands of euros 03.31.25
    (12 months)    		 03.31.24
    (12 months)
    Net sales
    Other income    		 378
    79    		 -157
    69
    EBITDA -10,011 -12,791
    Operating result -12,275 -10,263
    Net income -12,311 -9,935
    Shareholders’ equity 14,300 26,768
    Cash available 5594 11,042

    At 03/31/025, consolidated revenue remained amounted to €378k. It mainly comprised sales of boiler-making equipment by Jacquier and various services and studies by Haffner Energy.

    As a reminder, consolidated revenue was negative for FY 2023-2024 (-157 k€) due to the impact of the termination of the R-Hynoca contract in December 20235 (cf. 14/12/2023 press release).

    Confirmed EBIDTA improvement thanks to cost-cutting measures

    Extending the trend of the first half of the year, EBITDA6continued to improve to -€10,011k, under the combined effect of the decrease in purchases consumed (-15%), personnel costs (-17%) and external expenses (-23%), resulting from the full impact of the cash preservation plan initiated in November 2023.

    Operating result nevertheless deteriorated (-€12,275k at 03/31/2025, down €2,012k compared to 03/31/2024). This change is mainly due to the reversal of provisions for losses on completion from the previous year in the amount of €5,787k.

    As of 03/31/2025, consolidated net income stood at -€12,311k, registering a larger loss than last year (-€9,935k at 03/31/2024).

    After appropriation of net income, shareholders’ equity amounted to €14,300k, excluding the impact of the capital increase which will be taken into account in FY 2025-2026 due to its completion after the closing date.

    Haffner Energy’s other assets and liabilities are as follows:

    On the assets side, non-current assets (€11,250k, or +€309k) were almost stable, mainly composed of intangible assets representing the Company’s intellectual property (€8,105k as of 03/31/2025 compared to €7,843k as of 03/31/2024). Current assets, on the other hand, contracted significantly to €22,456k (-€12,321k), mainly due to:

    • the consumption of a significant portion of cash (€559k as of 03/31/2025 compared to €11,042k as of 03/31/2024).
    • the decrease in other current assets (advances paid to suppliers for €2,464k and Research Tax Credit for €941k).

    Conversely, inventories and outstandings increased, reaching €13,432k at the end of the financial year (+€3,287k) mainly due to the installation of the Marolles site.

    On the liabilities side, shareholders’ equity amounted to €14,300k at 03/31/2025 (a decrease of €12,468k) mainly due to the allocation of the year’s profit to reserves. It should be noted that the capital increase is not taken into account as of 03/31/2025.
    Non-current liabilities decreased slightly (-€268k at 03/31/2025 to €5,833k). This change takes into account the €500k RDI loan received from Bpifrance in March 2025.
    Current liabilities, meanwhile, increased +€725k to €13,574k at 31/03/2025. This change is mainly due to the net increase in provisions ongoing litigations (+€882k to €1,116k at 31/03/2025).

    It should be noted that, as the proceedings with Sara and Carbonloop are still in progress, the balance sheet position of previous years has been maintained. In addition, a provision has been booked in respect of employee-related litigation.

    Net cash position necessitates fundraising despite reduced cash-burn rate

    As of 03/31/2025, net cash and cash equivalents amounted to €559k.

    As a reminder, the main measures of the cash preservation plan initiated since November 2023 and implemented during the year have focused on:

    • Overheads in addition to reinforced budget management and expense control measures, the company reduced fees, cancelled non-essential service or subcontracting contracts whose tasks could be handled internally, changed payroll managers, renegotiated the commercial terms of other contracts, and limited travel and related expenses to essentials.
      • Payroll: in addition to the freeze on recruitment and replacements, as well as the absence of a general salary increase over FY 2023-24 and FY 2024-2025, Haffner Energy implemented a targeted redundancy plan in the summer of 2024, resulting in the loss of nine (9) positions. Subsequent to the balance sheet date, a redundancy plan for economic reasons was launched at SAS Jacquier. This redundancy plan resulted in the departure of three (3) employees from the workforce on 06/16/2025.
      • Leased surface areas: these have been reduced in both Nantes and Paris, thanks to the relocation of the Paris offices in January 2025 and the termination of the lease on the 1st floor of the Nantes offices.
      • Postponement of non-priority investments, such as the deployment of a new ERP system (€1.3M).
      • Renegotiations with strategic partners and service providers to review certain delivery schedules and invoice payment deadlines (€3M)
      • Deferrals of payments illustrating the commitment of all internal stakeholders to the company, such as the deferral of the payment of the individual portion of employees’ target-based bonuses and the payment of directors’ fees; lastly, we note the waiver by the two executives and founding investors, Philippe and Marc Haffner, of the variable portion of their remuneration for FY 2023-2024, as well as the temporary two-stage reduction of part of their fixed remuneration for FY 2023-2024 and FY 2024-2025. These amounts have been provisioned in the financial statements.

    Thanks to the implementation of these cost-saving measures, the average monthly cash-burn rate was significantly reduced during the year, gradually falling from €1.4M at the end of 2023 to €1M at the end of 2024, to about €0.6M per month in Q1 2025 (calendar year), excluding income and non-recurring expenses.

    In order to ensure that the Company would have the necessary resources to pursue its development until the expected ramp-up in revenue, and as announced as early as June 2024, Haffner Energy therefore initiated the above-mentioned capital increase during the year (see page 4).          

    Having carried out a review of its liquidity risk, the Company considers that it will have sufficient cash to finance its activities until at least 03/31/2026.

    This cash outlook takes into account:

    – The €7M capital increase finally subscribed on April 4, 2025, after the closing of FY 2024-2025;

    – The receipt, in March 2025, of a €500k innovation grant from Bpifrance (RDI loan) for the hydrogen production, testing and training center project in Marolles (Marl’Hy);

    – Cost reductions undertaken by the Company (see page 8) that cap the average monthly cash burn-rate, excluding non-recurring income and expenses, at around €600k (compared with €1M at the end of 2024).

    In the 1st half of the year, this is subject to the successful completion of the endurance test at the Marolles site and the signature of the resulting contracts, as well as to the obtaining, during the year, of additional financing linked to the equipment at the Marolles site.

    IV. PROJECTS AND PROSPECTS: FOUR NEW OPERATIONAL PRIORITIES

    For the current financial year, the Haffner Energy team, boosted by the confidence and support from its business partners, shareholders and institutional ecosystem, has set four new operational priorities: accelerating the conversion of its pipeline, moving forward with the implementation of targeted strategic projects, continuing to structure its action, and simplifying its governance.

    Accelerating pipeline conversion

    At the end of FY 2024-2025, Haffner Energy had an estimated total sales pipeline of €1.55Bn compared to €1.4Bn at 03/31/2024, confirming a high level of commercial activity due to the various initiatives undertaken since mid-2023: launch of a high-capacity offer for the renewable gas market (syngas) and a SAF offer; business development in the United States through the creation of a subsidiary; increased presence in various US trade fairs dedicated to renewable energies and hydrogen7.

    On the occasion of its capital increase, and in order to offer a clearer and more representative view of its business and prospects, the Company decided to adopt a communication based on a weighted sales pipeline** instead of medium-term annual revenue targets, as was previously practiced, as projects typically convert into backlog over a two-year cycle. This weighted pipeline is determined by applying a probability of success to the potential revenue of each project that counts in the sales pipeline

    At the end of March 2025, Haffner Energy’s weighted sales pipeline stood at €388M.

    Two contracts for hydrogen production equipment had been identified as likely to be signed following the start of hydrogen production at the Marolles site in February 2025 (cf. 02/26/2025 press release).

    The first of these is the H2bois project, for which Haffner Energy signed an initial contract on 03/12/2025, which is essential for the creation of this unit to produce hydrogen, electricity, and biochar from biomass at the Swiss Corbat group’s site (cf. 03/12/2025 press release). With delivery of the site scheduled for July 2026, orders for Haffner Energy are expected to be staggered between now and the end of FY 2025-2026.

    The second regards REFORMERS’ Renewable Energy Valley project in Alkmaar in the Netherlands. The latter was awarded the 2025 World Hydrogen Award, “Clean Project” category, May 22, 2025, in Rotterdam, thanks to the choice of HYNOCA® as the green hydrogen production technology included in the project.

    Advancing the implementation of a number of targeted strategic projects: R&D, Marolles, and commercial partnerships

    While growing the market for existing solutions is the priority for the current financial year, Haffner Energy has continued and will continue to invest time in Research & Development in order to offer its customers new or optimized solutions. The performance of its biomass thermolysis technology is indeed the source of the recognition enjoyed by the Group. In particular, before the end of FY 2024-2025, the Company was awarded the “Innovative Company” label by Bpifrance. This recognition enabled the company to welcome an FCPI fund to its capital.

    In April 2025, the Group presented a new line of production units, Hynoca® Flex 500 IG, capable of producing 12 tonnes per day of marketable green hydrogen for less than €3/kg without subsidies, and of generating profitable renewable electricity at peak times (cf. 24/04/2025 press release). Competitive with grey hydrogen and fossil fuels thanks to its energy efficiency of over 80%, this new solution offers all the flexibility of hydrogen and electricity cogeneration, enabling producers’ sites to manage random hydrogen demand and benefit from continuous operation without having to lock themselves into rigid off-take contracts.

    The current year’s priorities also include optimizing equipment at the strategic Marolles site, and in particular finalizing the installation of the Gasiliner® (cf. 11/22/2024 press release).

    The Haffner Energy team has also been working to advance the strategic Paris-Vatry SAF project. During FY 2024-2025, the Company finalized the creation of SPV (Special Project Vehicle) PARIS VATRY SAF SAS. In addition, Luxembourg-based Luxaviation, a global business aviation leader, confirmed its interest in playing an active role in spin-off SAF Zero at the International Paris Air Show this month. Luxaviation’s participation could take the form of financing the initial development of SAF activities, supporting strategy and global visibility, as well as off-take agreements in SAF Zero projects such as Paris-Vatry SAF (cf. 06/18/2025 press release).

    Finally, the FactorHy project of a first plant to assemble renewable gas and hydrogen production modules is still underway. Preliminary studies have been completed and detailed studies for the building permit application are continuing.

    Continuing to structure its action

    Having completed the creation of Haffner Energy Inc., an unconsolidated US subsidiary, in May 2024, Haffner Energy will continue to work on structuring its action and future developments with a view, in particular, to making effective progress in the SAF market. For current FY, the Company intends to launch SAF Zero, a spin-off designed to maximize its potential in this booming market (cf. 12/09/2024 press release and 18/06/2025 press releases).

    Simplifying its governance

    In addition, Haffner Energy has decided to simplify its corporate governance to enhance efficiency.

    At its meeting on 05/09/2025, the Board of Directors decided to propose the following to the 06/23/2025 Combined General Meeting of Shareholders:

    • a reduction in the number of Board members, with the early termination of the terms of office of Kouros France and Kouros SA, who also undertook to reduce their shareholding following the capital increase in which they did not wish to participate;
    • a partial renewal of the Board’s membership, to allow the entry of a new director representing the Luxembourg company Eren Industries, one of Haffner Energy’s industrial shareholders. A partner of Haffner Energy’s since the Company’s IPO, this recognized player in the energy transition is dedicated to technological innovation in the service of the natural resource economy. Eren Industries develops and invests in infrastructure projects, particularly in low-carbon energy production (hydrogen, biogas, biomethane, etc.), some of which could be projects of interest to Haffner Energy, and will provide the Board with all its sector expertise.
    • An update of the statutes simplifying the majority rules applicable to certain Board decisions, in line with common practice.

    All the resolutions were adopted at the June 23, 2025 General Shareholders’ Meeting.

    It should be noted that the Board of Directors has decided to reduce the attendance fees of independent directors as from the next financial year. Non-independent directors will not be remunerated.

    In addition, Mrs Bich Van Ngo and Mrs Sophie Dutordoir, independent directors, resigned from the Board at the close of the Annual General Meeting on 06/23/2025.

    Mr. Olivier Piron (Société E-Venture Management and Investment srl) was co-opted to the Board of Directors as an independent director at the close of the Board meeting of 06/27/2025.

    As a result, Haffner Energy’s Board of Directors is now composed of six (6) members, up from eight (8) previously:

    • Mr. Philippe Haffner, Chairman and CEO of Haffner Energy
    • Mr. Marc Haffner, Deputy Chief Executive Officer of Haffner Energy
    • Mrs. Francesca Ecsery, independent
    • Société E-Venture Management and Investment srl, with Mr. Olivier Piron as permanent representative
    • Europe and Growth, with Mr. Xavier Dethier as permanent representative
    • Eren Industries SA, with Mr. David Corchia as permanent representative

    Next events

    Shareholder webinar : July 1, 2025 – register here

    Annual General Meeting : September 10, 2025

    More detailed financial information on the annual accounts at 03/31/2025 is available on the website www.haffner-energy.com.

    About Haffner Energy

    Haffner Energy designs, manufactures, supplies, and operates biofuel and hydrogen solutions using biomass residues. Its innovative, patented thermolysis technology produces Sustainable Aviation Fuel, as well as renewable gas, hydrogen, and methanol. The company also contributes to regenerating the planet through the co-production of biogenic CO2 and biochar. A company co-founded 32 years ago by Marc and Philippe Haffner, Haffner Energy has been working from the outset to decarbonize industry and all forms of mobility, as well as governments and local communities. Haffner Energy is listed on Euronext Growth (ISIN code : FR0014007ND6 – Mnémonique : ALHAF).

    Investor relations

    investisseurs@haffner-energy.com

    Media relations        

    Laure BOURDON
    laure.bourdon@haffner-energy.com
    +33 (0) 7 87 96 35 15

    Glossary:

    The Company is now adopting a communication based on a weighted sales pipeline instead of medium-term annual revenue targets, as was previously practiced, as projects typically convert into backlog over a two-year cycle.

    * Pipeline designates a business opportunity when at least one of the following situations occurs:
    – a preliminary feasibility study for the installation of equipment is, or has been, carried out; or
    – a budget offer, or a preliminary business plan for the project, or a complete commercial offer including specifications, has been sent to the customer and Haffner Energy is awaiting its response; or
    – a letter of intent has been sent to Haffner Energy by the customer; or
    – Haffner Energy has received an invitation to participate and is part of a tender process.

    ** The weighted pipeline is determined by applying a probability of success to the potential sales of each project included in the total pipeline. Thus, given a total pipeline of projects worth €1.55Bn at March 31, 2025, the weighted pipeline at March 31, 2025 stood at €388M, with “hydrogen projects” now accounting for only 18% of the weighted pipeline.

    1 Subscription period for the Capital Increase closed on 03/29/2025, Settlement-Delivery on 04/04/2025.
    2 In order to offer a clearer and more representative view of its business and prospects, the Company is now adopting a communication based on a weighted sales pipeline instead of medium-term annual revenue targets, as was previously practiced, as projects typically convert into backlog over a two-year cycle. This weighted pipeline is determined by applying a probability of success to the potential revenue of each project that counts in the sales pipeline.

    3 Including an Innovation-Research and Development Loan (PIRD) in the amount of €500k granted by Bpifrance and received in early March 2025.
    4 Cash and cash equivalents at 03/31/2025 do not include the €7M fundraising, which was completed after closing on 04/04/2025
    5 The termination of the R-Hynoca contract was accompanied by a memorandum of understanding under which Haffner Energy will have to make two residual payments (€1M before 12/31/2025 and €0.85M before 12/31/2026).
    6 EBITDA corresponds to operating income before depreciation and amortization, impairment net of reversals of fixed assets and current assets, and before operating provisions net of reversals.
    7 Since January 2025, Haffner Energy has participated in Hyvolution Paris 2025, Bio360 Expo 2025 in Nantes, World Electrolysis Congress 2025 in Cologne, World Hydrogen Summit 2025 in Rotterdam, for example.

    Attachment

    The MIL Network –

  • BWF US Open: Ayush Shetty clinches men’s singles title, Tanvi Sharma finishes as runner-up

    Source: Government of India

    Source: Government of India (4)

    Ayush Shetty clinched his maiden title on the BWF World Tour after defeating Canada’s Brian Yang in the final of the US Open, a BWF Super 300 badminton tournament, held at the Mid-America Center on Monday (IST).

    The 2023 World Junior Championships bronze medallist Ayush registered a commanding 21-18, 21-13 victory over World No. 33 Yang in just 47 minutes, capping off a stellar week.

    “Ayush Shetty clinches maiden BWF Super 300 title, winning the US Open 2025! He dismantled Brian Yang in straight games — 21-13, 21-18 — with commanding flair right from start to finish. A breakthrough triumph that cements his arrival among badminton’s elite and marks the rise of a new Indian powerhouse,” the Badminton Association of India (BAI) said in a post on X.

    The fourth-seeded Ayush began his campaign with a 21-17, 21-19 win over Danish World No. 85 Magnus Johannesen, before defeating compatriot Tharun Mannepalli 21-12, 13-21, 21-15 in the round of 16. In the quarterfinals, he registered a 22-20, 21-9 win over World No. 70 Kuo Kuan Lin.

    His biggest win came in the semifinal, where he defeated World No. 6 Chou Tien Chen 21-23, 21-15, 21-14 — avenging his loss to Chou in the Taipei Open 2025 semifinal.

    Meanwhile, in the women’s singles, 16-year-old Tanvi Sharma’s dream run ended with a runner-up finish after a hard-fought final against 34-year-old veteran Beiwen Zhang, which ended 11-21, 21-16, 10-21.

    “What a run! 16-year-old Tanvi Sharma stuns the badminton world with a dream performance at the US Open 2025 finals! She defeated WR23, WR58, WR50 & WR40 before falling just short in a gripping final vs 34-year-old veteran Beiwen Zhang — 11-21, 21-16, 10-21. She may have missed the title, but Tanvi won hearts, turned heads, and sparked a new dawn for Indian women’s badminton,” the BAI said on X.

    On Saturday, Tanvi became the youngest Indian badminton player to reach a BWF World Tour final, having already defeated second seed Nguyễn Thùy Linh of Vietnam and former junior world champion Pitchamon Opatniputh of Thailand in earlier rounds.

    Tanvi has two international badminton titles to her name, both at the BWF International Challenge level — including a recent win in Denmark in May. She also reached the final of the Odisha Masters BWF Super 100 tournament last year.

    IANS

  • MIL-OSI Russia: Iran Calls on UN to Recognize Israel and US as Initiators of “Aggression”

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    TEHRAN, June 30 (Xinhua) — Iranian Foreign Minister Araghchi Abbas on Sunday called on the UN Security Council to recognize Israel and the United States as the initiators of “aggression” against Iran.

    In a letter to UN Secretary-General Antonio Guterres and UN Security Council President Caroline Rodriguez-Birkett, A. Araghchi called on the Council to shoulder its responsibilities in maintaining international peace and security, the official IRNA news agency reported.

    He accused Israel of deliberately targeting residential buildings, civilians and civilian infrastructure, calling the attacks a “flagrant violation” of the UN Charter and a “flagrant breach” of international law.

    A. Araghchi said that Israel and the United States also struck Iran’s nuclear facilities protected by the International Atomic Energy Agency (IAEA), which is a “gross violation of the UN Charter, the Treaty on the Non-Proliferation of Nuclear Weapons, and IAEA documents and resolutions.”

    Iran’s Foreign Minister stressed that the UN Security Council must hold the “aggressors” accountable and take measures to prevent the repetition of such “crimes.”

    On June 13, Israel launched major airstrikes on several areas of Iran. Iran responded with several waves of missiles and drones targeting Israel.

    On June 22, the United States bombed three Iranian nuclear facilities. In response, Iran struck the American Al Udeid Air Base in Qatar.

    On June 24, after 12 days of fighting, a ceasefire was reached between Iran and Israel. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: The experience and wisdom of the CPC in building a socially oriented state serve as a beacon for other countries and peoples – First Secretary of the Central Committee of the Communist Party of Belarus

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    MINSK, June 30 /Xinhua/ — The experience and wisdom of the Communist Party of China (CPC) in building a socially oriented state and socialism with Chinese characteristics serve as a beacon for other countries and peoples, First Secretary of the Central Committee of the Communist Party of Belarus (CC CPB) Sergei Syrankov said in an interview with a Xinhua correspondent in Minsk the other day.

    According to him, the CPC has shown the world by its example that the ideas of socialism can be successfully implemented in the state. “The focus on increasing the well-being of the masses instead of elite groups gives a colossal result for the state and society. Now the ideas of socialism with Chinese characteristics are in great demand in other countries. The experience and wisdom of the CPC in terms of building a socially oriented state and socialism with Chinese characteristics act as a beacon for other countries and peoples. China shows how to fight for its freedoms and how to become stronger on the path to building global socialism,” noted S. Syrankov.

    He noted that thanks to the CPC, the Chinese people have achieved outstanding results in the economy, finance, science, technology, culture, and art. “We see how China’s infrastructure is developing by leaps and bounds: high-speed highways and roads are being built, and construction complexes of any complexity are being quickly erected. All of this has become possible only thanks to the CPC’s focus on serving the people. In fact, we see that China’s wealth is not in the hands of some oligarchic elite or Western corporations, but is working for the benefit of the people,” the First Secretary of the Central Committee of the Communist Party of Belarus emphasized.

    S. Syrankov especially noted that thanks to the CPC, the people of China became free and independent. “It was the CPC that directed the Chinese people to the great struggle against imperialism. And now, after 104 years, we see that only the strength of spirit and wisdom of the CPC allow us to successfully overcome all the difficult moments in relations with the United States and other Western countries focused on unfair competition, sanctions, pressure, intimidation, and wars,” he said.

    In addition, S. Syrankov emphasized that it was the Chairman of the People’s Republic of China Xi Jinping who carried out economic reforms under the slogan “Chinese Dream”, which contributed to the high rates of economic growth of the country and an increase in the well-being of the nation.

    “The Chairman of the PRC Xi Jinping is a leader who acts exclusively in the interests of the Chinese people. He understands and feels the needs of ordinary Chinese citizens and is focused on maximizing their well-being. He is demanding of himself and his subordinates, does not allow weaknesses and is focused on constant self-discipline. It is precisely these approaches that allow the Chairman of the PRC to receive recognition, love and support from the masses of China,” S. Syrankov emphasized.

    He also drew attention to the fact that relations between China and Belarus are at the highest level – all-weather and comprehensive strategic partnership. This became possible due to the high level of trust that has formed between Chinese President Xi Jinping and Belarusian President Alexander Lukashenko.

    “Trust determines the development of all areas of our relations: economy, trade, culture, art, security. It is worth noting that the visit of the President of Belarus to China in early June 2025 outlined the further vector of development of our relations. Among them are the deepening of scientific and technological cooperation, the involvement of Belarusian enterprises in complex production processes of Chinese companies. We also see further deepening of cooperation between the two countries not only in the sphere of economy, science, but also in inter-party interaction,” summed up S. Syrankov. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: China Manufacturing PMI Rises to 49.7 in June /more details/

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    BEIJING, June 30 (Xinhua) — China’s manufacturing sector picked up momentum in June as more industries returned to growth and high-tech and consumer goods output remained robust, data from the National Bureau of Statistics showed Monday.

    According to the department, the purchasing managers’ index (PMI) in the manufacturing sector of China in June was 49.7, compared with 49.5 in May and 49 in April.

    Of the 21 industries surveyed, 11 saw expansion in June, compared with 7 in May.

    The PMI index for equipment manufacturers, high-tech products and consumer goods manufacturers was 51.4, 50.9 and 50.4, respectively, remaining in the positive zone for the second month in a row.

    As is known, a PMI above 50 indicates expansion of the sector, while below 50 indicates contraction.

    The GSU data also showed that China’s non-manufacturing PMI in June was 50.5, up 0.2 percentage points from May. The overall PMI thus rose from 50.4 to 50.7. The rise in all three key indicators suggests that China’s overall economic climate is improving further, said Zhao Qinghe, a statistician at the department. -0-

    MIL OSI Russia News –

  • Swiatek slams ‘intense’ calendar as players feel the grind to protect rankings

    Source: Government of India

    Source: Government of India (4)

    Iga Swiatek criticised the relentless tennis calendar on Sunday, with the former world number one saying that players should not be forced to compete in more than 20 tournaments a year to maintain their rankings.

    Now ranked fourth in the world, Swiatek described being trapped in a system where she had to choose between representing her country and focusing on herself after she reluctantly skipped Poland’s Billie Jean King Cup qualifier in April.

    The 11-month grind has been one of the cornerstones of the lawsuit filed by the Professional Tennis Players’ Association (PTPA) against the sport’s governing bodies in March after the union described it as ‘unsustainable’.

    “The scheduling is super intense, it’s too intense. There’s no point for us to play over 20 tournaments in a year,” Swiatek told reporters when asked about the biggest challenge to players in terms of mental health.

    “Sometimes we need to sacrifice playing for your country because we need to keep up with playing these WTA 500s, for example, because we’re going to get a zero in the ranking.

    “I think these kind of obligations and the rules about mandatory tournaments just put pressure on us… I think people would still watch tennis, maybe even more, if we played less tournaments. The quality would be better.”

    Swiatek is the eighth seed at Wimbledon this year and she faces Polina Kudermetova in the first round on Tuesday.

    The claycourt specialist with four French Open crowns fell in the semi-finals at Roland Garros this year and she quickly switched her focus to grass which has historically been her weakest surface.

    She reached her first grasscourt final on Saturday at the Bad Homburg Open where she was left in tears after losing to top seed Jessica Pegula, but Swiatek is happy with her improvement on grass as she comes to grips with the faster surface.

    “It’s not like a huge change. It’s not like 180 degrees change. I wouldn’t say now suddenly everything is perfect, because it’s still a difficult surface. It’s still tricky,” Swiatek said.

    -Reuters

  • MIL-OSI New Zealand: Busy roads expected for All Blacks-France test match in Dunedin

    Source: New Zealand Transport Agency

    New Zealand Transport Agency Waka Kotahi (NZTA) is encouraging rugby fans to plan ahead for extra traffic and potential delays as thousands descend on Dunedin for the test match between the All Blacks and France this Saturday.

    “A lot of people will be travelling to the city ahead of the big match, particularly on State Highway 1 from Christchurch, and with it also being school holidays, the roads are going to be busy. So, give yourself plenty of travel time,” says NZTA Otago journey manager Nicole Felts.

    “If you are travelling from outside of Dunedin, be aware of the weather forecasts and check out our Journey Planner site so you know about any state highway closures or restrictions in place. It looks at this stage like there might be some rain about Dunedin leading into match day. And at this time of year, there’s always a chance of snow, ice, or flooding from heavy rain causing disruption on roads leading to Dunedin.”

    “Remember in winter driving conditions to think about adjusting your speed and travelling distances, being visible and avoiding sudden braking or turning movements.”

    Winter driving advice 

    The areas in and around Forsyth Barr Stadium and Dunedin’s Octagon and hospitality areas will also be busy in the lead-up to the test match.   

    “Parking restrictions will be in place around Forsyth Barr Stadium on Saturday, including the temporary closure of parts of Anzac Avenue, Frederick Street and Ward Street,” Miss Felts says.

    “Remember the closer you park to the stadium, the longer it will take you to leave the area after the match.”

    Otago Regional Council and Dunedin City Council are providing a variety of free buses and parking facilities for rugby fans on the day of the match.

    Free buses for match ticket holders will be available on four Orbus services that stop near the stadium. Free buses from the Octagon will run in a loop from outside the Dunedin Public Art Gallery to the Forth Street Bus Hub starting at 4.30pm, and continuing until kick-off. Return trips to the Octagon will begin at 9.30pm from the Forth Street Bus Hub. Train, and Park and Ride services, will also be available.  

    More information

    MIL OSI New Zealand News –

  • MIL-Evening Report: ‘I’m just exhausted’: sexual harassment at work is still rife. These new laws would help

    Source: The Conversation (Au and NZ) – By Sarah Ailwood, Associate Professor, School of Law, University of Wollongong

    FG Trade/Getty

    Last week, the Australian Human Rights Commission launched a new report on sexual harassment, called Speaking From Experience. It includes the voices of more than 300 victim-survivors of workplace sexual harassment from vulnerable communities.

    In it, the commission calls for a new wave of robust law reform measures to protect and support victim-survivors and hold employers accountable.

    This report comes five years after the 2020 Respect@Work report, which made 55 recommendations to address workplace sexual harassment. Yet, in 2022, a survey by the commission found one in three workers had experienced sexual harassment.

    This new report is a watershed one, building on the work already done since 2020. So how far have we come in dealing with workplace sexual harassment? And how would new laws help?

    What’s in the new report?

    The Australian Human Rights Commission’s new report, Speaking From Experience, emerges from the Respect@Work recommendations.

    Recommendation 27 of the Respect@Work report suggested the commission establish a way to hear historical disclosures of workplace sexual harassment. The commission then turned this recommendation into its latest release.

    This report was a listening process that put victim-survivors front and centre. First Nations, migrant, LGBTQIA+, disabled and young workers were the main contributors to the report.

    An example of the experiences of the contributors is a fast food worker, who said:

    I know personally for me, as a queer person, I’m just exhausted […] it’s
    just a lot of mental energy and for nothing to happen, or for it to cause
    more problems, it’s just like really a deterrent…

    The commission was particularly concerned with identifying what does – and what does not – help victim-survivors of workplace sexual harassment. The contributors shed light on what needs to change in the workplace and in the law.

    One major theme was about non-disclosure agreements (NDAs), which are commonly used to settle workplace sexual harassment claims.

    NDAs restrict who victim-survivors can speak to about their experience of workplace sexual harassment, including colleagues, friends, family and in public. Sometimes these agreements can hamper attempts to get support for the harassment.

    The commission found victim-survivors are often pressured to sign NDAs in circumstances where the employer has far more power.

    The commission recommended new legislation to restrict using agreements in this way.

    This recommendation extends well beyond Respect@Work, which only produced best-practice guidelines. Extending the regulation is an important step forward, as subsequent research has revealed how ineffective these guidelines have been in practice.

    Australia is now out of step with the United States, United Kingdom, Ireland and Canada, which have all regulated the use of NDAs after the #MeToo movement.

    Working Women’s Centres are currently leading a sector-wide campaign for change, and the regulation of NDAs is underway in Victoria.

    Improving the positive duty

    Respect@Work introduced a positive duty on people running a business or undertaking to take reasonable and proportionate measures to eliminate sexual harassment from the workplace.

    In Speaking From Experience, the commission is asking for enhanced regulatory powers to enforce the positive duty to make it more effective.



    Read more:
    Explainer: what is a ‘positive duty’ to prevent workplace sexual harassment and why is it so important?

    The commission is currently prevented from speaking publicly, or to other regulatory agencies, about its enforcement activities unless it has entered an “enforceable undertaking” with an organisation or applied for a Federal Court order.

    This means that, 18 months after being empowered to enforce the positive duty, the commission can’t speak publicly about how it is doing so.

    To be an effective regulator, it must be able to publicise its enforcement actions and share information with other agencies.

    The current law actually contributes to the culture of silencing and secrecy that continues to shroud workplace sexual harassment.

    Further, there are currently no civil penalties for breaching the positive duty. In Speaking From Experience, the commission found this limits the extent to which some workplace leaders will take the positive duty seriously. It found this risks turning the prevention of workplace sexual harassment into a box-ticking compliance process.

    The recommendations about penalties and transparency represent an acknowledgement that the commission’s powers to create systemic and structural change to target workplace sexual harassment are too limited.

    In the absence of penalties, risk to reputation – the fear that public exposure of inaction or permissive workplace cultures concerning sexual harassment – remains the greatest incentive for employers to comply with the positive duty.

    But workplace sexual harassment has been unlawful for more than 30 years. The current law does little more than continue to ask employers to do the right thing.

    If the commission is not given the powers it needs to effectively enforce the law, too much reliance is placed on individual complainants to take action. As the Speaking From Experience report reveals, that means victim-survivors would need to overcome massive social, economic, cultural and legal barriers.

    Over to the government

    Speaking From Experience is a significant moment for workplace sexual harassment law reform and policy in Australia. It continues the work that Respect@Work started and takes it in a new direction, focusing on protecting and supporting victim-survivors and accountability for employers.

    The Albanese government says it’s serious about addressing workplace gender equality and the prevention of violence against women. If that’s true, it should implement the commission’s recommendations in full, and quickly.

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

    – ref. ‘I’m just exhausted’: sexual harassment at work is still rife. These new laws would help – https://theconversation.com/im-just-exhausted-sexual-harassment-at-work-is-still-rife-these-new-laws-would-help-259884

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: ‘I’m just exhausted’: sexual harassment at work is still rife. These new laws would help

    Source: The Conversation (Au and NZ) – By Sarah Ailwood, Associate Professor, School of Law, University of Wollongong

    FG Trade/Getty

    Last week, the Australian Human Rights Commission launched a new report on sexual harassment, called Speaking From Experience. It includes the voices of more than 300 victim-survivors of workplace sexual harassment from vulnerable communities.

    In it, the commission calls for a new wave of robust law reform measures to protect and support victim-survivors and hold employers accountable.

    This report comes five years after the 2020 Respect@Work report, which made 55 recommendations to address workplace sexual harassment. Yet, in 2022, a survey by the commission found one in three workers had experienced sexual harassment.

    This new report is a watershed one, building on the work already done since 2020. So how far have we come in dealing with workplace sexual harassment? And how would new laws help?

    What’s in the new report?

    The Australian Human Rights Commission’s new report, Speaking From Experience, emerges from the Respect@Work recommendations.

    Recommendation 27 of the Respect@Work report suggested the commission establish a way to hear historical disclosures of workplace sexual harassment. The commission then turned this recommendation into its latest release.

    This report was a listening process that put victim-survivors front and centre. First Nations, migrant, LGBTQIA+, disabled and young workers were the main contributors to the report.

    An example of the experiences of the contributors is a fast food worker, who said:

    I know personally for me, as a queer person, I’m just exhausted […] it’s
    just a lot of mental energy and for nothing to happen, or for it to cause
    more problems, it’s just like really a deterrent…

    The commission was particularly concerned with identifying what does – and what does not – help victim-survivors of workplace sexual harassment. The contributors shed light on what needs to change in the workplace and in the law.

    One major theme was about non-disclosure agreements (NDAs), which are commonly used to settle workplace sexual harassment claims.

    NDAs restrict who victim-survivors can speak to about their experience of workplace sexual harassment, including colleagues, friends, family and in public. Sometimes these agreements can hamper attempts to get support for the harassment.

    The commission found victim-survivors are often pressured to sign NDAs in circumstances where the employer has far more power.

    The commission recommended new legislation to restrict using agreements in this way.

    This recommendation extends well beyond Respect@Work, which only produced best-practice guidelines. Extending the regulation is an important step forward, as subsequent research has revealed how ineffective these guidelines have been in practice.

    Australia is now out of step with the United States, United Kingdom, Ireland and Canada, which have all regulated the use of NDAs after the #MeToo movement.

    Working Women’s Centres are currently leading a sector-wide campaign for change, and the regulation of NDAs is underway in Victoria.

    Improving the positive duty

    Respect@Work introduced a positive duty on people running a business or undertaking to take reasonable and proportionate measures to eliminate sexual harassment from the workplace.

    In Speaking From Experience, the commission is asking for enhanced regulatory powers to enforce the positive duty to make it more effective.



    Read more:
    Explainer: what is a ‘positive duty’ to prevent workplace sexual harassment and why is it so important?

    The commission is currently prevented from speaking publicly, or to other regulatory agencies, about its enforcement activities unless it has entered an “enforceable undertaking” with an organisation or applied for a Federal Court order.

    This means that, 18 months after being empowered to enforce the positive duty, the commission can’t speak publicly about how it is doing so.

    To be an effective regulator, it must be able to publicise its enforcement actions and share information with other agencies.

    The current law actually contributes to the culture of silencing and secrecy that continues to shroud workplace sexual harassment.

    Further, there are currently no civil penalties for breaching the positive duty. In Speaking From Experience, the commission found this limits the extent to which some workplace leaders will take the positive duty seriously. It found this risks turning the prevention of workplace sexual harassment into a box-ticking compliance process.

    The recommendations about penalties and transparency represent an acknowledgement that the commission’s powers to create systemic and structural change to target workplace sexual harassment are too limited.

    In the absence of penalties, risk to reputation – the fear that public exposure of inaction or permissive workplace cultures concerning sexual harassment – remains the greatest incentive for employers to comply with the positive duty.

    But workplace sexual harassment has been unlawful for more than 30 years. The current law does little more than continue to ask employers to do the right thing.

    If the commission is not given the powers it needs to effectively enforce the law, too much reliance is placed on individual complainants to take action. As the Speaking From Experience report reveals, that means victim-survivors would need to overcome massive social, economic, cultural and legal barriers.

    Over to the government

    Speaking From Experience is a significant moment for workplace sexual harassment law reform and policy in Australia. It continues the work that Respect@Work started and takes it in a new direction, focusing on protecting and supporting victim-survivors and accountability for employers.

    The Albanese government says it’s serious about addressing workplace gender equality and the prevention of violence against women. If that’s true, it should implement the commission’s recommendations in full, and quickly.

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

    – ref. ‘I’m just exhausted’: sexual harassment at work is still rife. These new laws would help – https://theconversation.com/im-just-exhausted-sexual-harassment-at-work-is-still-rife-these-new-laws-would-help-259884

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI China: Spain, Netherlands capture titles at FIBA 3×3 World Cup

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

    Spain and the Netherlands captured the men’s and women’s titles at the 2025 FIBA 3×3 World Cup in Ulan Bator, the capital of Mongolia, on Sunday.

    Spain’s men’s team defeated Switzerland 21-17 in the final, while the Netherlands edged host Mongolia 15-9 to claim the women’s crown, according to the Mongolian 3×3 Basketball Association.

    Serbia delivered a standout performance in the men’s bronze medal game, beating Germany 21-16. In the women’s third-place match, Canada overcame Poland 21-9.

    The ninth edition of this prestigious basketball tournament, held on June 23-29, featured 20 men’s and 20 women’s teams from various countries and regions. 

    MIL OSI China News –

  • Former supremo Ecclestone makes F1 podium debut at 94

    Source: Government of India

    Source: Government of India (4)

    Bernie Ecclestone, the former Formula One supremo who rarely stayed to watch races beyond halfway when he was in charge, made his first grand prix podium appearance at the age of 94 in Austria on Sunday.

    The Briton was present at the Red Bull Ring to hand out a medal on behalf of the president of the governing FIA, Mohammed Ben Sulayem, to McLaren’s race winner Lando Norris.

    Norris hopped off the top step of the podium so that he would be standing at the same level as his diminutive compatriot.

    “I think it’s really nice that the president gives a personal congratulations to the winning competitor,” said Ecclestone, who ran the commercial side of the sport for some 40 years until being ousted in 2017.

    “As he could not attend the race here in Austria, he asked me to present his medal for him which I am pleased and honoured to do.

    “It was also great to be there as, though it might seem strange, this was the first time in almost 70 years in this sport that I’ve actually been on the podium.”

    Norris won Formula One’s 1,136th championship grand prix and Ecclestone attended the first at Silverstone in 1950.

    He once said he left races soon after the start because by then his business was done.

    The President’s Medal was first presented to Red Bull’s Max Verstappen at the season-ending 2022 Abu Dhabi Grand Prix and each one carries the race number and highlights the event’s history.

    -Reuters

  • MIL-OSI United Kingdom: World-first AI system to warn of NHS patient safety concerns

    Source: United Kingdom – Government Statements

    Press release

    World-first AI system to warn of NHS patient safety concerns

    Pioneering AI technology will be developed to scan NHS systems to flag safety issues in real time and trigger crucial inspections earlier 

    • Pioneering AI technology will be developed to scan NHS systems to flag safety issues in real time and trigger crucial inspections earlier 
    • Patients to benefit from safer treatment thanks to faster identification of problems in care and greater quality assurance of data 
    • Initiative is part of government’s Plan for Change to shift NHS services from analogue to digital under the 10 Year Health Plan 

    Patients will receive better care thanks to a world-first AI early warning system being developed to automatically identify safety concerns across the NHS, helping stop failures before they escalate.  

    It follows a pledge by the Health and Social Care Secretary to overhaul health and care regulation, root out poor performance and guarantee patients safe, quality care.

    There have been growing concerns about safety in the NHS in recent years after a spate of scandals including in mental health and maternity services.

    The new safety warning system, being developed as part of the government’s 10 Year Health Plan, will rapidly analyse healthcare data and ring the alarm bell on emerging safety issues.

    Work on rolling out the system is already underway. A new Maternity Outcomes Signal System will launch across NHS trusts from November, using near real-time data to flag higher than expected rates of stillbirth, neonatal death and brain injury.  

    When fully implemented, it could analyse hospital databases to identify patterns of abuse, serious injuries, deaths, or other incidents that can slip through the net, cause harm and stop hospitals from running safely. 

    Where concerns are raised, the Care Quality Commission (CQC) will deploy specialist inspection teams as soon as possible to investigate and take swift action.  

    The forthcoming 10 Year Health Plan will usher in a new era of transparency, a rigorous focus on high-quality care for all, and a renewed focus on patient and staff voice. This major intervention to boost patient safety will be on behalf of everyone whose healthcare has caused them unnecessary suffering – whether in scandals, or because they have received ineffective care from the NHS more broadly.

    Health and Social Care Secretary Wes Streeting said: 

    While most treatments in the NHS are safe, even a single lapse that puts a patient at risk is one too many. Behind every safety breach is a person – a life altered, a family devastated, sometimes by heart-breaking loss.

    Patient safety and power are at the heart of our 10 Year Health Plan. By embracing AI and introducing world-first early warning systems, we’ll spot dangerous signs sooner and launch rapid inspections before harm occurs.

    This technology will save lives – catching unsafe care before it becomes a tragedy. It’s a vital part of our commitment to move the NHS from analogue to digital, delivering better, safer care for everyone.

    By helping transform patient care, this initiative forms a key part of the government’s Plan for Change. It is built on the NHS Federated Data Platform, which allows healthcare staff to securely access the information they need in one place. That means less paperwork and manual inspections for staff, and more time caring for patients.

    This follows the government’s commitment last week to a rapid national investigation into NHS maternity and neonatal services to provide truth and accountability for impacted families and drive urgent improvements to care and safety. 

    Professor Meghana Pandit, Co-National Medical Director – Secondary Care, said:

    The NHS in England will be the first country in the world to trial an AI-enabled warning system to flag patient safety issues which will rapidly analyse routine hospital data and reports submitted by healthcare staff from community settings.

    The move will turbo-charge the speed and efficiency with which we identify patient safety concerns and enable us to respond rapidly to improve patient care.

    The adoption of the AI warning system is underpinned by the government’s transformation of the NHS from analogue to digital – one of the three key shifts outlined in the 10 Year Health Plan. 

    CQC’s Chief Executive Sir Julian Hartley said: 

    We will develop a stronger focus on all dimensions of quality, using data which we and partners hold on inequalities in access, experience, and outcomes to spot and act on risk earlier.  

    We are already developing our new clearer, simpler, assessment approach, and in the future our experienced teams of inspectors, led by our newly appointed Chief Inspectors, will be able to conduct more inspections and share feedback on the findings more quickly – so that providers can make faster improvements, and the public have timely information about care.

    Updates to this page

    Published 30 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI China: Senior-friendly toys fuel growth of China’s silver economy

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

    Inside a senior care home, lively elders gathered around a tabletop hockey game, sharpening their minds and savoring the moment.

    These brain-teasing games, once seen as children’s play, are quickly becoming the latest craze among older adults.

    As China’s population ages rapidly, the once-overlooked market for senior-friendly toys is emerging as a new pillar of the booming silver economy.

    For Guan Weijiang, a toy merchant in Yiwu, a bustling trade hub in east China, the shift is quite evident.

    Over the past year, his online store has experienced a surge in demand for fitness and brain-training toys among older customers. Consumers aged 50 and above now make up 30 percent of his user base.

    “Our two best-selling toys fall into the fitness and puzzle categories. They’re not physically demanding, but they’re fun and perfect for elderly users to exercise or pass the time,” Guan said.

    “There’s actually quite a bit of overlap between toys for children and those for the elderly, as both help improve reflexes, grip strength and coordination. In fact, some children’s toys can be easily adapted for seniors with just a few simple tweaks,” Guan explained.

    Recognizing the potential of senior-friendly toys as a promising niche, he decided to seize the opportunity. Within just three months of launching over 10 products designed specifically for elderly users, his shop’s sales far exceeded expectations.

    On one of China’s leading e-commerce platforms, Taobao, searches for “senior-friendly toys” jumped 124 percent year on year, with transaction volumes increasing by over 70 percent. Consumers aged 55 and above now make up a growing proportion of buyers, and their purchasing frequency is accelerating.

    Seeing the expanding market, an increasing number of toy manufacturers across China are shifting their focus to meet the demands of older consumers.

    According to Cheng Xin from Taobao’s toys and collectibles team, the platform is seeing a wave of new shops selling toys for the elderly, with some newly established and many others converted from former children’s toy stores.

    “Toys are no longer just for children or symbols of pop culture. They are lifelong hobbies that can bring joy and mental enrichment to consumers of all ages,” Cheng said, adding that Taobao plans to launch a dedicated category for senior-friendly toys, along with tailored operational support for the segment.

    The rise of senior-friendly toys is not only creating new consumer demand but also catalyzing transformations across traditional industries.

    Yunhe County in Zhejiang Province, widely known as China’s “Wooden Toy Capital,” stands out as a particularly striking example.

    Building on decades of industrial experience, Yunhe is now integrating wooden toys with elderly care to develop an innovation-driven industry chain focused on cognitive wellness and entertainment.

    The key to this transformation lies in shifting from “fun” to “function.” So far, local manufacturers have developed over 200 wooden toys designed to improve hand-foot coordination and help slow memory loss among older adults.

    According to Yin Qian, president of Zhejiang Mimi Zhikang Technology Co., the company has developed over 100 wooden puzzle toys that are both entertaining and mentally stimulating.

    To enhance the cognitive and rehabilitative benefits of its products, the company collaborated with the Health Science Center (HSC) of Xi’an Jiaotong University and an Alzheimer’s prevention group based in Shaoxing, Zhejiang Province.

    So far, the company has secured more than 30 patents and supplies products to over 500 elderly care institutions across the country.

    Meanwhile, Yunhe is also eyeing international markets. In recent years, the county has expanded exports of its wooden toys to senior schools, nursing homes and community centers overseas.

    “In 2024, our products were successfully exported to Germany, Japan, and other markets, where they’ve been warmly received by elderly users,” Yin said.

    In the first quarter of this year, the company’s sales of elderly-oriented wooden toys rose 50 percent year on year.

    According to the Ministry of Civil Affairs, China’s elderly population is projected to grow by more than 10 million annually over the next decade. By 2035, the silver economy is expected to account for 9 percent of China’s GDP, up from 6 percent today.

    Data from market research firm iiMedia Research shows that China’s elderly care industry reached 12 trillion yuan (about 1.68 trillion U.S. dollars) in 2023, up 16.5 percent year on year. The silver economy is projected to hit around 30 trillion yuan by 2035, accounting for about 10 percent of GDP.

    The innovation in niche segments is opening up new avenues in the silver economy, according to Zhang Jinsong, secretary general of the Elder Education on Aging Committee of China Gerontological Society.

    “The silver economy is poised to evolve from meeting basic needs to fulfilling aspirations for quality and enjoyment,” he said. “That shift will unleash enormous potential.”

    MIL OSI China News –

  • Wimbledon 2025: Dates, top seeds and match schedule

    Source: Government of India

    Source: Government of India (4)

    Wimbledon is a grasscourt Grand Slam organised by the All England Lawn Tennis Club. The tournament was first held in 1877. Here is what you need to know about the year’s third major after the Australian Open and French Open:

    WHEN IS WIMBLEDON 2025 HAPPENING?

    * The Championships will run from June 30 to July 13.

    WHERE IS WIMBLEDON TAKING PLACE?

    * Wimbledon is held in London every year.

    * The three main showcourts at the All England Club are Centre Court, Court One and Court Two. Unlike other Grand Slam venues, the All England Club does not name its courts after former players.

    * Centre Court is the largest with a capacity of nearly 15,000 spectators. Court One has a capacity of 12,345 while Court Two, nicknamed the ‘Graveyard of Champions’ due to the many early upsets there over the years, seats 4,000.

    WHO IS INVOLVED IN WIMBLEDON?

    * The top-ranked players automatically enter the main draw with 32 seeds announced prior to the draw to ensure they do not meet in the early rounds. From the 2021 Championships, seedings for the men’s and women’s singles are based on world rankings.

    * Italian Jannik Sinner, who won his third Grand Slam title at the Australian Open in January, is the current men’s world number one. Belarusian Aryna Sabalenka, also a three-times major winner, is the women’s top-ranked player.

    * Spanish world number two Carlos Alcaraz, fresh off his second French Open title, is looking to complete a hat-trick of Wimbledon titles.

    * American world number two Coco Gauff, the women’s champion at Roland Garros, is eyeing a first Wimbledon crown.

    * World number five Novak Djokovic will resume his quest for a record-extending 25th men’s Grand Slam singles title, while five-times major winner Iga Swiatek chases a first Wimbledon crown. Czech Barbora Krejcikova is the defending Wimbledon women’s champion.

    * Organisers also hand out wild cards for local hopes and notable players who have dropped down the rankings.

    TOP SEEDS

    Men:

    1 Jannik Sinner

    2 Carlos Alcaraz

    3 Alexander Zverev

    4 Jack Draper

    5 Taylor Fritz

    6 Novak Djokovic

    7 Lorenzo Musetti

    8 Holger Rune

    9 Daniil Medvedev

    10 Ben Shelton

    Women:

    1 Aryna Sabalenka

    2 Coco Gauff

    3 Jessica Pegula

    4 Jasmine Paolini

    5 Zheng Qinwen

    6 Madison Keys

    7 Mirra Andreeva

    8 Iga Swiatek

    9 Paula Badosa

    10 Emma Navarro

  • MIL-OSI United Kingdom: UK-US trade deal kicks into gear: immediate tariff cuts for UK auto and aerospace sectors

    Source: United Kingdom – Executive Government & Departments

    Press release

    UK-US trade deal kicks into gear: immediate tariff cuts for UK auto and aerospace sectors

    The UK-US trade deal has today come into force, slashing US export tariffs for the UK’s automotive and aerospace sectors.

    • Immediate benefits for UK auto and aerospace sectors as tariffs are slashed under the UK-US trade deal, protecting British jobs across the country.
    • UK car manufacturers can now export to the US under a reduced 10% tariff quota saving hundreds of millions annually and supporting hundreds of thousands of jobs.
    • The UK aerospace sector also gains a major boost, with 10% tariffs on goods like engines and aircraft parts removed today and a commitment to maintain them at 0%.

    From today, British car and aerospace manufacturers will benefit from major tariff reductions when exporting to the US, saving thousands of jobs, as the landmark UK-US trade deal comes into effect.

    The UK is the only country to have secured this deal with the US, reducing car export tariffs from 27.5% to 10%, saving manufacturers hundreds of millions each year and protecting hundreds of thousands of jobs.

    At the same time, the aerospace sector has seen the removal of 10% tariffs on goods such as engines and aircraft parts, helping make companies such as Rolls Royce more competitive and allow them to continue to be at the cutting edge of innovation.

    These changes are a huge win for both sectors and will help ensure UK manufacturers remain globally competitive, protect British jobs and continue to lead in innovation and excellence.

    Prime Minister Keir Starmer said:

    Our historic trade deal with the United States delivers for British businesses and protects UK jobs. From today, our world-class automotive and aerospace industries will see tariffs slashed, safeguarding key industries that are vital to our economy.

    We will always act in the national interest – backing British businesses and workers, delivering on our Plan for Change.

    Business and Trade Secretary Jonathan Reynolds said: 

    We agreed this deal with the US to protect jobs and support growth in some of our most vital sectors – and today, we’re delivering on that promise for the UK’s world-class automotive and aerospace industries.

    British car manufacturers can now export to the US at a significantly reduced 10% tariff rate – down from 27.5% – and aerospace goods will see 10% tariffs removed, saving sectors hundreds of millions each year and safeguarding thousands of jobs.

    This is a clear example of our Plan for Change in action: cutting costs for businesses, speeding up delivery of trade benefits, and helping UK industries thrive in a challenging global environment.

    Kevin Craven, CEO of ADS said:

    News that tariffs on aerospace goods are to be relaxed is welcome to the industry and regulatory bodies alike.

    The UK’s aerospace sector is renowned for its innovation and excellence, and thanks to our role in the global supply chain, more than 100,000 people are employed in highly skilled jobs in the sector throughout the country.

    Efforts to reach this outcome are hugely appreciated by a sector that has remained resilient against a multitude of external pressures.

    Mike Hawes, Chief Executive of SMMT said:

    The implementation of the new trading agreement between the UK and US is good news for US customers and a huge relief for the UK automotive companies that export to this critically important market.

    It immediately slashes the punitive tariffs that brought the US export market to a standstill and threatened the viability of some of the most famous names in British manufacturing.

    Securing the deal – the first and, so far, only automotive deal in place with the administration – is a diplomatic coup and provides a foundation on which to grow trade in the future. Combined with the new Industrial and Trade Strategies that have automotive at their heart, UK companies can look to the future with more optimism.

    We have worked with the US and all parts of UK industry to build a quota system which is as simple, fair and effective as possible.  

    Thanks to the UK-US deal, the UK is the only country to be exempt from the global tariff of 50% on steel and aluminium. As the Prime Minister and President Trump have again confirmed, we will continue go further and make progress towards 0% tariffs on core steel products as agreed.  

    Today’s announcement demonstrates the kind of agile, sector-specific agreement outlined in the UK’s Trade Strategy — designed to deliver rapid, practical benefits for British businesses and workers in key industries.

    This deal is one of many international agreements this government has secured recently to boost our economy, including a trade deal with India which will add £4.8 billion to the UK economy and £2.2 billion in wages every year, and a renewed EU deal which will add nearly £9 billion to the UK economy by 2040 on SPS and emissions measures alone. 

    Today’s announcement is the result of work happening at pace between both governments to lower the burden on UK businesses, especially the sectors most impacted by the tariffs. We will now update Parliament on the implementation of quotas on US beef and ethanol, as part of our commitment to the US under this deal.  

    Background:

    Updates to this page

    Published 30 June 2025

    MIL OSI United Kingdom –

  • EAM Jaishankar on US visit from June 30; to attend Quad Foreign Ministers’ Meeting on July 1

    Source: Government of India

    Source: Government of India (4)

    External Affairs Minister (EAM) S. Jaishankar will pay an official visit to the United States from 30 June to 2 July at the invitation of U.S. Secretary of State Marco Rubio to participate in the next Quad Foreign Ministers’ Meeting (QFMM), scheduled for 1 July, an official said on Sunday.

    In a statement, the Ministry of External Affairs (MEA) stated that the Quad Foreign Ministers will build upon the discussions held during the last QFMM, which took place in Washington on January 21 this year.

    “They will exchange views on regional and global developments, particularly those concerning the Indo-Pacific, and review the progress made on various Quad initiatives in the run-up to the Quad Leaders’ Summit, which will be hosted by India. The Ministers are also expected to deliberate on new proposals aimed at advancing the shared vision of a free and open Indo-Pacific,” the MEA statement read.

    EAM Jaishankar will also inaugurate an exhibition titled, “The Human Cost of Terrorism” at the United Nations Headquarters, New York on June 30.

    “The exhibition will highlight the devastating toll of heinous terrorist acts around the world, and the steps taken by the international community to combat terrorism,” the statement noted.

    India’s UN Mission said it will “highlight the devastating toll of heinous terrorist acts around the world”.

    U.S. Secretary of State Marco Rubio will host the upcoming QFMM, which will also be attended by Australia’s Foreign Minister Penny Wong and Japan’s Foreign Minister Iwaya Takeshi, next Tuesday in Washington.

    Rubio’s first diplomatic engagement after he took office on January 21 was the Quad foreign ministers meeting, which took place a day after President Donald Trump was inaugurated.

    Next week’s meeting “builds on that momentum to advance a free, open, and secure Indo-Pacific”, Principal Deputy Spokesperson for the Department of State, Thomas Pigott, said.

    “This is what American leadership looks like: strength, peace, and prosperity,” he said.

    Earlier, S. Jaishankar posted on X that he had a phone conversation with Penny Wong on Thursday in preparation for the Quad meeting.

    The Quad meeting will be the first time the ministers get together after the Pahalgam attack.

    It will come a day before Pakistan takes over the rotating presidency of the Security Council.

    The Quad meeting is expected to lay the groundwork for the Summit to be hosted by Prime Minister Narendra Modi which will bring US President Donald Trump, and Prime Ministers Anthony Albanese of Australia and Shigeru Ishiba of Japan to India.

    At their meeting in February, PM Modi said he looked forward to hosting Trump at the summit.

    The first foreign affairs meeting after Trump’s inauguration showed his administration’s regional priority as China’s threat loomed. However, the world’s attention turned to the Middle East and Ukraine.

    The conflict between Israel and Iran appears to have ebbed for now, freeing some bandwidth to turn attention to the Indo-Pacific, where China poses a challenge to the nations of the region.

    (IANS)

  • MIL-OSI China: Zelensky approves Ukraine’s withdrawal from treaty banning anti-personnel mines

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

    Staff members of the State Service for Emergencies of Ukraine conduct search and clearance operations at the site of an air strike in Kiev, Ukraine, on June 23, 2025. [Photo/Xinhua]

    Ukrainian President Volodymyr Zelensky signed a decree on Sunday to withdraw the country from the Ottawa Convention — an international treaty that bans the use of anti-personnel landmines.

    The decree approves the National Security and Defense Council’s decision to pull out of the treaty “so as to protect the territorial integrity and sovereignty of Ukraine.”

    The withdrawal will take effect once it passes parliament, said Ukrainian lawmaker Roman Kostenko.

    “Russia is not a side of this convention,” Kostenko wrote on Facebook. “We cannot stay bound when the enemy has no limitations.”

    Ukraine signed the Ottawa Convention in 1999 and ratified it in 2005.

    MIL OSI China News –

  • MIL-OSI China: Kane, Neves lead Bayern, PSG to Club World Cup quarters

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

    Bayern Munich and Paris Saint-Germain will meet in a tantalizing FIFA Club World Cup quarterfinal after winning their round-of-16 matches on Sunday.

    In Miami, Harry Kane struck twice as Bayern Munich progressed with a 4-2 victory over a spirited Flamengo while Paris Saint-Germain eliminated Lionel Messi’s Inter Miami with a 4-0 rout in Atlanta.

    Bayern went ahead early at Hard Rock Stadium courtesy of an Erick Pulgar own goal and Kane doubled the lead with a long-range effort after a turnover.

    Gerson reduced the deficit by rifling home from 15 yards before Leon Goretzka controlled a defensive clearance with his chest and thumped a 25-yard drive past Agustin Rossi.

    The Brazilian side continued to press and Jorginho converted from the penalty spot after a Michael Olise handball just before the hour.

    But the Bundesliga champions pulled away again through Kane, who slotted a low shot past Rossi after Kimmich’s perfectly weighted pass.

    “In the first 20 minutes we were playing well but the intensity of the game was ferocious,” Bayern manager Vincent Kompany said.

    “I’m thinking, ‘Okay, in this heat, against this opponent, is this going to carry on?’ To be fair, we grew into the game and I think it was a good game for the fans. We are really happy to go to the next round.”

    Kompany said his team would prioritize rest before turning its focus to Saturday’s clash with PSG in Atlanta.

    “The main thing is we have to rest now, recover from this game, use every single day that we’ve got to rebuild our energy,” the former Manchester City defender said.

    “What more do you want? Top sides playing each other on the biggest stage. We’ll be ready for that.”

    Earlier, Joao Neves scored twice as Paris Saint-Germain netted four first-half goals en route to a comprehensive win over Inter Miami.

    Portugal international Neves opened the scoring for the European champions by meeting a sumptuous free-kick from compatriot Vitinha to head home at the far post. Neves then combined with Fabian Ruiz for an easy tap-in after Sergio Busquets gave the ball away in front of his own box.

    Nothing went right for the MLS club and Tomas Aviles inadvertently chested the ball into his own net after Desire Doue’s cross from the right flank. Moroccan right-back Achraf Hakimi fired home a fourth goal after his initial attempt from eight yards rebounded off the bar.

    Eight-time Ballon d’Or winner Messi, playing against his former club, did his best to lift Inter Miami in the second half with a series of vintage dribbles and a near-miss with a header. But his team could do little more than limit the damage as PSG showed the gulf in quality between Europe’s elite and the MLS.

    “It’s a great feeling. I think we started the match almost perfectly, controlling play and creating a lot of chances,” PSG manager Luis Enrique said.

    “The second half was different. We had less energy and they could have scored a goal, but I’m happy with all the players, with the mentality, with the attitude. We need to improve, like always because that’s professional football, but I’m happy.”

    Inter Miami boss Javier Mascherano said he could not have asked for more from his players.

    “In terms of the tournament, my take is that we have accomplished the goals we set for ourselves,” the Argentine said. “We have met the expectations that were placed on us.

    “It’s difficult when it’s 4-0 and you know you don’t have much chance. You don’t expect to change the result but it was important to show a good image to the people. The players did really well in the second half, they tried to do their best, this is the way we want to play.”

    MIL OSI China News –