NewzIntel.com

Category: European Union

  • Division between US and China is the biggest risk confronting world now, France’s Macron says

    Source: Government of India

    Source: Government of India (4)

    French President Emmanuel Macron said on Friday that division between the two superpowers, the United States and China, is the main risk currently confronting the world as he emphasized the need for building new coalitions between Paris and partners in the Indo-Pacific.

    Macron is visiting the region as France and the European Union aim to strengthen their commercial ties in Asia to offset uncertainty over U.S. President Donald Trump’s tariff measures.

    “I will be clear, France is a friend and an ally of the United States, and is a friend, and we do cooperate – even if sometimes we disagree and compete – with China,” said Macron, who was speaking at the Shangri-La Dialogue, Asia’s premier defence forum, alongside a two-day state visit to Singapore.

    The French president said Asia and Europe have a common interest in preventing the disintegration of the global order.

    “The time for non-alignment has undoubtedly passed, but the time for coalitions of action has come, and requires that countries capable of acting together give themselves every means to do so,” Macron said.

    Macron is following leaders of China, Japan and other European countries in visiting the region in recent weeks, in a sign of south east Asia’s strategic importance amid uncertainties on global supply chains and trade.

    -Reuters

  • MIL-OSI Europe: EUROPE/ITALY – Father Herve Du Penhoat new Superior General of the Society of African Missions: “We must orient ourselves ever more towards the missionary aspect, towards others, towards the local Church”

    Source: Agenzia Fides – MIL OSI

    Thursday, 29 May 2025

    SMA

    Rome (Agenzia Fides) – “Thank you very much, thank you all, thank you for this fraternity”: these were the first words spoken by Father François Marie Herve Du Penhoat, elected new Superior General of the Society of African Missions (SMA) at the XXII General Assembly of the Society underway in Rocca di Papa, an Assembly that will end on June 8 (see Fides, 20/5/2025).The new Superior General, 70 years old, of French origin, served as a missionary for 15 years in Benin, from 1991 to 2013, among the Bariba, a West African ethnic group. He was also in Spain and then in France from 2013 to 2025.”In recent years, despite many difficulties, including Covid and the internal restructuring of the SMA, you have given everything, you have worked intensely, and you have been very present in the field. You have demonstrated that you are a united and complementary Council, which was also seen in the preparation of the General Assembly,” said Father François, referring to the 22nd General Assembly of the Society of African Missions underway.”This is a key moment of renewal for our congregation. Thank you very much,” emphasized the new Superior General, thanking the outgoing Superior General, Father Antonio Porcellato, and the other members of the outgoing council, Father François de Paul, Father Rosario, and Father Christophe. “We are counting on your support and collaboration as we move forward together. We are at the end of a cycle in which we have invested a lot in building our congregation; we must now orient ourselves more towards the missionary aspect, towards others, towards the local Church. We are on the right path that will take us far if we all follow it together. Let us continue like this.””When the rhythm of the song changes, the dance steps must also change,” added Father François, quoting an African proverb. “There may be a change of rhythm, but we must first understand this new rhythm in order to follow it; it may be a little chaotic, it is possible, but the Holy Spirit works where chaos reigns.”Since the founding of the SMA in Lyon in 1856, the African continent has been at the heart of the SMA’s mission and life. Over these 169 years, the relationship with Africa has developed and undergone significant changes. In summary, it can be said that Africa, which was initially only the object of the mission, has today become, and is increasingly becoming, an active subject of the mission. Today, the majority of the SMA’s permanent members are of African origin. Furthermore, 90% of the more than 300 seminarians in formation are of African origin. For the pastoral work of proclaiming the Gospel, the missionaries and associates of the SMA are 900 members and 200 seminarians, officially present in 30 countries on four continents. The priority is and remains the first evangelization of the African continent. (AP) (Agenzia Fides, 29/5/2025)
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    MIL OSI Europe News –

  • MIL-OSI Europe: AFRICA/EGYPT – St. Catherine’s Monastery in Sinai passes into the hands of the Egyptian State: concern and reactions grow

    Source: Agenzia Fides – MIL OSI

    Friday, 30 May 2025

    by Nikos TzoitisAfter fifteen centuries of autonomy, the Orthodox Monastery of St. Catherine on Mount Sinai has passed into the hands of the Egyptian State, according to a ruling issued by the Ismailia court. The measure has generated strong reactions and deep concern in the ecclesiastical and international spheres for the future of the monastery and its monastic community.The monastery on Mount Sinai was founded in the 6th century A.D. by Emperor Justinian, and it has survived wars, conquests, and persecutions thanks in part to its status as a Vakuf, a sacred site to be protected according to Koranic tradition, and by the Bedouins of the Sinai Desert. UNESCO had included it among the monuments recognized as World Heritage Sites.The monastery’s priceless treasures—icons, manuscripts, relics, libraries, and properties—were managed by the twenty monks of the local monastic community, who enjoyed broad autonomy within the Greek Orthodox Patriarchate of Jerusalem.According to the ruling issued by the Ismailia Court on Wednesday, May 28, the monastery’s assets are effectively confiscated and placed under the management of the Egyptian state, while the monks face access restrictions to certain buildings. Their continued presence in the monastery is allowed only for religious purposes and under conditions set by the new state owner.The website orthodoxia.info described the decision of the ruling as “one of the most serious violations of religious and individual freedoms in recent centuries,” carried out during a time of great turmoil in the Middle East.The ruling, which effectively strips the monastery of its autonomy, follows a prolonged period of legal disputes and judicial actions aimed at challenging the monastery’s administrative independence.Some Egyptian officials have justified the measure as an act of protecting the monastery’s cultural heritage. Archaeologist Abdel Rahim Rihan argued that the monastery’s real estate falls under cultural heritage laws and that the implementation of the court decision ensures its promotion for the benefit of “world heritage and the monks.” The monks, however, describe the ruling as a de facto expulsion from their own monastery.The decision controversially concludes the long-standing legal offensive by the Egyptian state against the monks of St. Catherine’s—an effort that has been ongoing, in varying intensity, since the time of the Muslim Brotherhood-led government, with the goal of bringing the monastery under state control.According to some analysts, the ruling reveals that even President Abdel Fattah el-Sisi may be unable to control certain elements within the so-called “deep state,” some of which are linked to Salafist groups.Cairo must now manage a diplomatic crisis with Greece, which reacted harshly to the government action concerning the Monastery. This comes at a time when Egypt is at the center of turbulent developments in Palestine, with implications for the Sinai Peninsula—an area where jihadist factions have operated and previously threatened the monastery, even carrying out armed attacks.The ruling also weakens the Monastery’s position in various civil disputes it was engaged in, including cases involving adverse possession.The monks have reacted strongly. An international campaign is already planned to raise awareness and inform churches and other religious communities, with the goal of revoking the decision.The reaction of the Greek Orthodox Archbishop of Athens Ieronymos was immediate. “I do not want to believe, and I cannot believe,” Ieronymos declared, “that Hellenism and Orthodoxy are once again undergoing a historic ‘conquest’.” He added, “This spiritual beacon of Orthodoxy and Hellenism – he added – is now facing a question of survival.” (Agenzia Fides, 30/5/2025)
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    MIL OSI Europe News –

  • MIL-OSI: XRP News: Nimanode’s $NMA Presale Demand Surges, Positions For Explosive Growth

    Source: GlobeNewswire (MIL-OSI)

    LEEDS, United Kingdom, May 30, 2025 (GLOBE NEWSWIRE) — Nimanode is the first platform of its kind to deliver a zero-code solution for launching on-chain AI agents that can perform complex blockchain tasks such as smart contract development, DeFi optimization, compliance monitoring, and Web3 user support. The platform’s no-code interface makes it accessible to both developers and non-technical users, providing drag-and-drop workflows to configure, test, and launch autonomous agents on-chain in minutes.

    Building on XRPL was the priority for them, “We’re bringing AI automation to the heart of Web3 through XRPL, and doing it with usability in mind,” said the Nimanode founding team. “Our mission is to simplify intelligent infrastructure and put real on-chain power in the hands of every user.” They chose a blockchain with speed , security and scalibilty in mind.

    Presale Page

    Designed for the XRP Ecosystem

    Built natively on XRPL, Nimanode leverages the blockchain’s speed, low fees, and scalability to enable high-frequency, low-latency AI agent execution. The platform’s agents are capable of:

    • Executing smart contracts via XRPL Hooks
    • Scanning wallets and tokens for real-time risk
    • Monitoring compliance in tokenized real-world assets (RWAs)
    • Managing liquidity and maximizing APY across XRPL protocols
    • Operating 24/7 as decentralized customer support interfaces

    $NMA Presale

    Unlocking the Agent Economy

    At the core of Nimanode is the Agent Marketplace, where users can license, share, and monetize AI agents with other users and businesses. Combined with its SDK for developers and drag-and-drop builder for creators, Nimanode is positioning itself as a hub for Web3 automation and on-chain labor.

    $NMA, the platform’s utility token, is used for:

    • Deploying and upgrading agents
    • Licensing agents via the marketplace
    • Staking to earn protocol rewards
    • Participating in decentralized governance

    $NMA Token Sale Now Live

    As part of its official launch, Nimanode has begun the presale of its native token, $NMA. A total of 90 million tokens (45% of the 200 million supply) are available during the presale.

    Participants can purchase $NMA tokens using XRP by sending funds directly from XRPL-compatible wallets (such as XAMAN) to the official Nimanode presale address listed on their Presale Page. All transactions are recorded on-chain for full transparency.

    Presale contributors will receive $NMA at an early-access rate, prior to the token’s public listing on decentralized exchanges at a projected 25% markup post-sale.

    Don’t Miss Out on Nimanode

    Nimanode is a decentralized AI agent platform built on the XRP Ledger, offering no-code and developer tools to deploy on-chain AI agents that automate blockchain activity, optimize protocol interaction, and monetize intelligent services. By bridging AI with decentralized infrastructure, Nimanode is building the next evolution of digital work and Web3 automation.

    Connect with Nimanode

    Website: https://nimanode.com

    Twitter/X: https://x.com/nimanodeai

    Telegram: https://t.me/nimanodeAI

    Documentation: https://docs.nimanode.com

    Contact:
    Nick Lambert
    contact@nimanode.com

    Disclaimer: This is a paid post and is provided by Nimanode. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/80fe44e4-8452-4862-a8e1-0fcc3adb5477

    The MIL Network –

  • MIL-OSI Video: Ursula von der Leyen Receives 2025 Charlemagne Prize

    Source: European Commission (video statements)

    European Commission President Ursula von der Leyen was honoured with the International Charlemagne Prize in Aachen, Germany, calling for a return to a spirit of boldness and the building of a more independent Europe.

    https://www.youtube.com/watch?v=HxG4hg3VvOI

    MIL OSI Video –

  • MIL-OSI United Kingdom: Adams verdict

    Source: Traditional Unionist Voice – Northern Ireland

    Statement by TUV leader Jim Allister KC MP:

    “Regardless of the verdict delivered by a Dublin jury, the people of Northern Ireland know that Gerry Adams stood front and centre in justifying and defending thirty years of brutal IRA terror.

    “His active role at the heart of the Republican terror machine is well documented — not merely in hearsay, but in the detailed testimonies and investigations contained in multiple authoritative books on the IRA. These include the works of Peter Taylor, Toby Harnden, Ed Moloney, and Eamon Collins — all of which remain available and uncontested in the public domain.

    “For the countless innocent victims of IRA violence, the one abiding consolation is this: Gerry Adams will one day stand before a higher court than any convened in Dublin.”

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Growing offshore wind

    Source: Scottish Government

    Consultation to inform offshore wind developments in Scotland.

    The way in which offshore wind projects are developed in Scotland is being consulted on, with an updated plan now published for views.  

    The draft updated Sectoral Marine Plan for Offshore Wind Energy (SMP-OWE) aims to balance the needs of nature, communities, and other users of the sea.  

    It will be used to help inform the delivery of offshore wind projects  from the ScotWind and Innovation and Targeted Oil and Gas (INTOG) seabed leasing rounds. 

    Proposals in the plan aim to:

    • use the latest  data and scientific evidence to inform decisions on energy developments – such as how projects will impact wildlife and nature 
    • ensure the environmental, social, economic opportunities and constraints from offshore projects are clearly set out to help inform decision making
    • ensure the interests and views of other marine users, including fishers, coastal and island communities and environmental groups are taken into account  

    Acting Net Zero and Energy Secretary Gillian Martin said: “Growing Scotland’s offshore wind sector presents enormous economic opportunities for our country, with the chance to create thousands of well-paid, green jobs while accelerating our journey to net zero.     

    “Our updated Sectoral Marine Plan for Offshore Wind Energy sets out the opportunities as well as the constraints to developing offshore wind in Scottish waters.

    “It seeks to provides clarity, certainty and confidence to investors and other marine users, to ensure development is sustainable and balances the needs of communities, nature and other users of the sea, to deliver for the people of Scotland and nature.  

    “It is important that everyone with an interest has their say and the Scottish Government will continue to engage closely with the fishing industry, island and coastal communities and other sectors throughout the consultation.“ 

    Crown Estate Scotland Director of Marine Mike Spain, said: “We welcome the publication of the a draft updated Sectoral Marine Plan and encourage all those with an interest in Scotland’s offshore wind sector to engage with this consultation. 

    “We are proud to have conducted two successful offshore wind leasing rounds and are working in partnership with the sector to enable these projects to deliver maximum value for Scotland.” 

    Background 

    Consultation – draft updated Sectoral Marine Plan for Offshore Wind Energy 

    The consultation will run until 22 August 2025 

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Chair appointed to independent Fatal Accident Inquiry review

    Source: Scottish Government

    Action to improve investigations into deaths in prison custody.

    Retired Sheriff Principal Ian Abercrombie has been appointed to chair an independent review of the system of Fatal Accident Inquiries (FAI) into deaths in prison custody.

    The review will aim to improve the efficiency and effectiveness of investigations into deaths in prison and ensure those affected are treated in a trauma-informed way.

    The review which was commissioned by Justice Secretary Angela Constance, in consultation with the Lord Advocate, will also identify barriers that families face in engaging with the FAI process and address the time it takes for them to be completed.

    An advisory group, recommended by the Chair and appointed by the Justice Secretary, will support Sheriff Principal Abercrombie. Its membership is expected to be agreed and announced within weeks.

    The Justice Secretary said:

    “A review of the FAI system was a key action from the Government’s consideration of the FAI inquiry determinations into the tragic deaths of Katie Allan and William Lindsay.

    “Families have been let down and their experience of the system has added to their grief. Their voices will be heard and listened to during this independent review.

    “The remit of the review will consider issues surrounding FAIs held into deaths in prison custody.

    “Maintaining the pace of reform is essential, which is why I have asked to receive the report by the end of this year.”

    Sheriff Principal Abercrombie said:

    “I am pleased to be leading this review. I understand that concerns have been raised about how the FAI system currently operates in relation to deaths in prison custody.

    “As an independent chair, ably assisted by my Advisory Group, I am looking forward to hearing from all those with experience or knowledge of the system.”

    Background

    Sheriff Principal Abercrombie graduated with an LLB Hons from the University of Edinburgh in 1978 and joined the Faculty of Advocates in 1981. He has served as a Curator of the Advocates Library and was a member of the disciplinary committee of the Institute of Chartered Accountants of Scotland, and of a Scottish Law Commission advisory group.

    He is a former member of the Scottish Civil Justice Council. He became a QC in 1993 and was appointed a sheriff in 2009. He became Sheriff Principal of South Strathclyde, Dumfries and Galloway in 2014. He retired from this role in 2020.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Topping out at Langage Freeport site

    Source: City of Plymouth

    Foundations – Tick. Frame – Tick. Walls – Tick. Now the roof is being topped out on the first purpose-built commercial units within the Plymouth and South Devon Freeport.

    Councillor Mark Lowry – Cabinet Member for Finance
    Richard May – CEO of the Plymouth and South Devon Freeport
    Nigel Whelan – Managing Director of Devon Contractors

    Cabinet member for Finance Mark Lowry was on hand to mark this crucial milestone in the development of four units in Beaumont Way, Langage – one of three Freeport tax sites as part of the region’s continuing success story in the marine, defence, space, advanced manufacturing, engineering and clean energy sectors.

    Devon Contractors are progressing the construction of the units which range in size from 750 square metres to just over 2,000 sqm.

    The units will have workshop/production space inside with fully fitted offices at ground and first floor level (with lift access) and welfare facilities, including showers.

    Each will have its own dedicated service yard, parking and EV charging pod and the units will be highly sustainable and incorporate technology to minimise carbon emissions and running costs, including solar photo-voltaic panels, increased levels of insulation, higher levels of natural daylight and ventilation and highly efficient heating systems. The units are being designed and built to BREEAM Excellent standards and Net Zero status.

    As part of its own social values policies, the Council is always keen to consider social value measures that a contractor can apply to projects carried out on behalf of the Council and this has been achieved in spades at this Langage site.

    Seven students from Brook Green Centre recently enjoyed a site tour through the support of DUCTU (www.ductu.co.uk) and the Devon Careers Hub and had a go at bricklaying. Small groups from Plympton Academy and Tor Bridge will shortly visit and the site will soon host an event for military personnel to tour the site and discuss opportunities available in the construction industry.

    Plymouth City Council Leader Tudor Evans said: “This site is so much more than just buildings. It is about potential – not just companies interested in being part of the Plymouth and South Devon Freeport story.

    “One of our priorities as a Council is ‘green investment, jobs, skills and better education.’ I am really chuffed to hear the work Devon Contractors are doing here on this site to inspire our next generation of workers and let them see at first hand work what skilled, well-paid jobs looks like. It’s just brilliant.”

    The development has been made possible thanks to a £4 million Freeport seed capital funding, match funded by Plymouth City Council. Once complete, it is expected to support around 138 full time jobs and associated long term spin off benefits.

    Richard May CEO of the Plymouth and South Devon Freeport said; “It’s wonderful to witness the first new industrial units being built in the Freeport with many more to follow over the next few years.

    “We have several businesses keen to move in and they will help us strengthen local capability, innovation and bring on new skills in our key sectors of marine, defence, space, advanced manufacturing, engineering and clean tech.”

    Devon Contractors are on target to finish the scheme in time for units to be ready to move into by Autumn 2025.

    Nigel Whelan, Managing Director of Devon Contractors, said: “We’re making excellent progress on site at Langage and its a testament to the collaborative spirit across the board.

    “Our supply chain, consultants, suppliers and the client team have all come together as one, working seamlessly to drive the project forward. This level of co-operation is what allows us to maintain momentum and deliver with confidence. Were particularly excited to be launching our work placements schools projects next month – a great opportunity to engage the next generation and share in the future of construction.”

    The Langage Tax Site is the largest of three tax sites for the Freeport and is on the edge of the existing Langage Business Park. It is strategically significant as it provides the space and opportunities to support sector growth plans and economic specialisation, underpinning the Freeport’s trade and investment objectives.

    Eligible businesses that are part of the Freeport can take advantage of a range of tax and customs benefits and incentives to support growth, innovation and investment in the South West, including business rates relief, employer National Insurance contributions rate relief, stamp duty land tax relief, capital allowances, VAT and tariff benefits and simplified import procedures.

    As this site is part of the Freeport designated tax site, eligible tenants must specialise in either marine, defence, space, advanced manufacturing, engineering or clean energy.

    Interested parties should contact [email protected] or for information about the Freeport contact [email protected]

    www.plymouth.gov.uk/langage-south-beaumont-way

    MIL OSI United Kingdom –

  • MIL-OSI: SHARC Energy Announces Q1 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, May 30, 2025 (GLOBE NEWSWIRE) — SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) (“SHARC Energy” or the “Company”) is pleased to announce it has filed financial results for the three months ended March 31, 2025. All figures are in Canadian Dollars and in accordance with IFRS unless otherwise stated.

    First Quarter Financial Highlights:

    • Revenue for the three months ended March 31, 2025 (“Q1 2025”) is $1.01 million (M), representing 47% of the full year revenue in 2024 and a 30% increase over the $0.78M of revenue reported in the three months ended March 31, 2024 (“Q1 2024”).
    • As of May 30, 2025, the Company has a Sales Pipeline1 of 16.5M and Sales Order Backlog2of $3.5M. This represents a $0.5M increase or 18% growth in Sales Order Backlog since April 29, 2025 disclosure. Sales Pipeline saw a marginal decrease of 1% since April 29, 2025 disclosure reflecting the deliberate efforts by the Company to refill the pipeline once projects convert to the order book. The combined pipeline showed an aggregate growth of 1% or $0.3M from the previous disclosure on April 29, 2025. The $3.5M Sales Order Backlog, which is estimated to be converted to revenue within an average of 12 months from disclosure, represents a 64% improvement compared to the year ended December 31, 2024 revenue of $2.17M. The Company continues to observe the maturity of its Sales Pipeline providing the Company’s revenue more consistency and with reduced volatility, providing a solid platform to scale and grow.
    • During Q1 2025, the Company also reported a loss of $0.92M and an Adjusted EBITDA3 loss of $0.61M. This compares to a loss of $0.76M and an Adjusted EBITDA loss of $0.85M in the comparative quarter representing a 20% and 22% increase, respectively.
    • Gross margins for Q1 2025 were 31% compared to 38% in Q1 2024. Management remains optimistic that this margin range aligns with our expectations for the coming quarters but the margin percentage varies dependent on sales mix and stage of completion of each project.

    Michael Albertson, Chief Executive Officer and President of SHARC Energy, said, “We are off to a strong start to the 2025 fiscal year with the Company reporting revenue of just over $1 million which represents a 30% increase over Q1 2024 and 47% of the full year revenue earned in the 2024 fiscal year. More importantly, despite the delivery of revenue, Sales Order Backlog increased by 18% and represents a 64% improvement over 2024 revenue sitting at $3.5 million as of the reporting date. SHARC Energy’s revenue growth continues to gain momentum.”

    Mr. Albertson continues, “We recently disclosed key District Energy System (“DES”) projects, Lebreton Flats in Ottawa and Senakw in Vancouver, which are leveraging SHARC Wastewater Energy Transfer (WET) systems as the core component to power their thermal networks harnessing wastewater as the key renewable resource. WET supported solutions continue to grow in awareness and acceptance with the Company learning of projects in planning across North America and globally. In the Greater Vancouver, British Columbia region alone, there are several municipal or utility supported DES/Thermal Energy Networks (“TENs”) ranging in size and scale in different stages of development that will increase SHARC Energy’s local footprint over the next few years. In the United States, legislation allowing or mandating utilities to develop DES/TENs demonstration projects or pilots have been passed in eight states, including the State of New York and recently added California, where the Company has installations in progress, projects in design and a growing list of leads looking to implement Wastewater Energy Transfer with DES/TENs.”

    “We are continuing to progress into new sectors for the SHARC and PIRANHA with promising opportunities developing within wastewater treatment facilities, universities, water utilities, correctional facilities and the design & build/energy sectors. These sectors are increasingly receptive to SHARC Energy’s offerings which is promising as these sectors can provide fewer regulatory hurdles, long-term customer relationships, shorter sales cycles, and the potential for larger-scale projects. The Company anticipates the closing of new business in these adjacent sectors as early as this year.”

    “Furthermore, SHARC Energy is gearing up to launch new products in its portfolio which will be introduced to the market soon. With the support of original equipment manufacturer relationships SHARC Energy has, we feel there is significant opportunity to better serve more customers and increase our revenue and margin dollars earned going forward. SHARC Energy’s tailwinds are strong and set to propel the Company to profitability in the coming years. We are very excited about our position in the thermal energy market.” stated Mr. Albertson.

    Q1 2025 Highlights and Subsequent Events

    • Fred Andriano appointed as Chairman of the Board of Directors. On May 5, 2025, the Company announced significant changes to its Board of Directors, appointing Fred Andriano as Chairman of the Board and Executive Officer, replacing Lynn Mueller, who will now serve as Vice Chairman and Executive Officer. Furthermore, the Company accepted the retirement and resignation of Eleanor Chiu as Director.
    • False Creek Neighbourhood Energy Utility (“NEU”) Expansion. The Company continued work on the supply and maintenance agreement with the City of Vancouver for the provision and maintenance of five SHARC systems for the False Creek NEU Expansion. During the period, the Company completed all remaining milestones of the agreement.
    • SHARC System Featured in Ottawa’s Lebreton Flats District Energy Project. The Company announced that two SHARC 880 Wastewater Energy Transfer (“WET”) systems will be used to power a district energy system in Canada’s capital city. SHARC Energy anticipates commencing submittals for the SHARC WET Systems in 2025 with equipment build and delivery expected during 2026.

    For complete financial information for the three months ended March 31, 2025, please see the Condensed Consolidated Interim Financial Statements and Management Discussion and Analysis (“MD&A”) filed on SEDAR at www.sedar.com.

    About SHARC Energy

    SHARC International Systems Inc. is a world leader in energy recovery from the wastewater we send down the drain every day. SHARC Energy’s systems recycle thermal energy from wastewater, generating one of the most energy-efficient and economical systems for heating, cooling & hot water production for commercial, residential, and industrial buildings along with thermal energy networks, commonly referred to as “District Energy”.

    SHARC Energy is publicly traded in Canada (CSE: SHRC), the United States (OTCQB: INTWF) and Germany (Frankfurt: IWIA) and you can find out more on our SEDAR profile.

    Learn more about SHARC Energy: Website | Investor Page | LinkedIn | YouTube | PIRANHA | SHARC

    ON BEHALF OF THE BOARD

    Fred Andriano
    Chairman

    The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

    Forward-Looking Statements 

    Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified using words such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. SHARC Energy’s actual results could differ materially from those anticipated in this forward-looking information because of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, and other factors, many of which are beyond the control of the Company. SHARC Energy believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Company’s expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether because of new information, future events or otherwise, except as required by applicable securities legislation. 

    1 Sales Pipeline is a non-IFRS measure. Please see discussion of Alternative Performance Measures and Non-IFRS Measures in the Q1 2025 MD&A.
    2 Sales Order Backlog is a non-IFRS measure. Please see discussion of Alternative Performance Measures and Non-IFRS Measures in the Q1 2025 MD&A.
    3 Adjusted EBITDA is a non-IFRS measure. Please see discussion of Alternative Performance Measures and Non-IFRS Measures in the Q1 2025 MD&A.

    The MIL Network –

  • MIL-OSI NGOs: MSF closes day care centre in Athens after nine years of providing care

    Source: Médecins Sans Frontières –

    After nearly a decade of offering vital medical, psychosocial, and social-legal support to migrants, asylum seekers, and refugees in Greece, Médecins Sans Frontières (MSF) closed our day care centre in Athens on 30 May 2025.

    The centre was opened in 2015 to respond to people’s urgent humanitarian needs during the peak of the EU migration crisis, as over one million people arrived in Greece seeking refuge from conflict, persecution, and instability. Since its inception, MSF’s multidisciplinary team —including medical staff, legal experts, and social workers —have provided free, comprehensive, and inclusive care regardless of patients’ legal status. We offered services ranging from essential healthcare and sexual and reproductive health services to mental health support, chronic disease management, and legal and social assistance.

    Over nine years, the day centre provided more than 14,900 consultations, including for non-communicable diseases, 51,859 sexual and reproductive health services consultations, and 24,475 mental health sessions. We also supported 1,289 survivors of sexual violence and provided 3,026 social work consultations that addressed people’s immediate medical needs and long-term wellbeing.

    14,900

    14,9

    consultations

    51,859

    51,859

    sexual and reproductive health services consultations

    24,475

    24,475

    mental health sessions

    At the peak in 2016, Athens received thousands of new arrivals fleeing conflict. While annual arrivals remain significant, at around 50,000 to 60,000, they no longer reflect the crisis levels of that year.

    Over the years, the centre evolved to meet the changing realities of migration in Greece, expanding services and intensifying advocacy efforts as access to healthcare became increasingly restricted by policy changes. During moments of crisis—from the 2016 EU-Türkiye deal to the COVID-19 pandemic—MSF adapted to protect and treat the most vulnerable, including people excluded from the health system, survivors of sexual violence, and undocumented individuals.

    Having fulfilled our emergency response in Athens and extending beyond what was planned, MSF has now closed the day care centre in line with our medical-humanitarian role, guided by needs assessments and focused on urgent, time-bound interventions. We now encourage civil society and national actors to take over and continue this vital work, even as global challenges—including reduced humanitarian funding—continue to affect people on the move.

    MSF urges the Greek government and the EU to respect their legal and humanitarian obligations for the protection of asylum seekers, recognised refugees and migrants, especially regarding the right to asylum, access to healthcare, decent reception and living conditions and fair administrative procedures.

    While we have transitioned medical services to some local actors, donated stocks of essential medicines to social pharmacies, and nonprofits, and handed over responsibilities to partners in Athens, we remain active in Greece with medical projects in Samos, Lesbos, and Leros. As a medical emergency organisation, MSF stands ready to respond to future crises and continuously assesses services to better support people.

    “Over nine years, MSF built more than a healthcare unit to provide free comprehensive medical services — we built a response that adapted to real human needs. When people couldn’t access care due to legal or social barriers, we expanded our services, advocated for their rights, and stood by them through every crisis,” says Christina Psarra, General Director of MSF in Greece.

    “When doors to the health system were closed, we worked to open others. This was never just a healthcare centre, it was a lifeline,” says Psarra.

    MIL OSI NGO –

  • MIL-OSI United Kingdom: Richard Hughes nominated for reappointment as Chair of the Office for Budget Responsibility

    Source: United Kingdom – Executive Government & Departments

    Press release

    Richard Hughes nominated for reappointment as Chair of the Office for Budget Responsibility

    The Chancellor today (30 May) has nominated Richard Hughes for reappointment as Chair of the Office for Budget Responsibility (OBR).

    The Chancellor today (30 May) has nominated Richard Hughes as Chair of the OBR for a second and final 5-year term of office. 

    The OBR is the UK’s official independent economic and fiscal forecaster, responsible for examining and reporting on the sustainability of the public finances. The Budget Responsibility Committee (BRC), led by the Chair, has executive responsibility for the OBR and is responsible for judgements made in preparation of the OBR’s economic and fiscal forecasts.  

    Fiscal stability is at the heart of this government’s most important mission to grow the economy. This is why the first bill it passed included the fiscal lock, so that no administration can sideline the OBR. 

    The Treasury Committee approves all appointments to the BRC. Richard will appear before the committee for a pre-appointment hearing in due course.

    Further information 

    • Richard Hughes has been the Chair of the OBR since 2020. He is the second permanent Chair. 

    • As set out in the Budget Responsibility and National Audit Act 2011, appointments to the OBR’s BRC require consent from the Treasury Committee.  

    • The Budget Responsibility and National Audit Act 2011 allows each term of a BRC member, including the Chair’s, to be up to 5 years in length and each member may serve a maximum of two terms.

    About the OBR  

    The OBR was created in 2010 to provide independent analysis of the UK’s public finances. The OBR is led by the three members of the BRC who have executive responsibility for carrying out the core functions of the OBR, including any judgements made in the preparation of the economic and fiscal forecasts. The current members of the BRC are: 

    • Richard Hughes (Chair) 

    • Professor David Miles 

    • Tom Josephs

    About the reappointment process  

    Reappointments are not automatic, and each case is considered on its own merits. The decision to nominate Richard Hughes for reappointment was made by the Chancellor of the Exchequer, in line with the requirements of the Governance Code for Public Appointments. Richard’s reappointment will be finalised subject to the Treasury Committee’s consent.

    Updates to this page

    Published 30 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI Economics: cortAIx SG: Thales Accelerates Trusted AI Innovation in Singapore with Strategic Partnerships

    Source: Thales Group

    Headline: cortAIx SG: Thales Accelerates Trusted AI Innovation in Singapore with Strategic Partnerships

    • Thales’s global acceleration in trusted AI extends to Asia for the first time with the launch of cortAIx SG. Supported by the Singapore Economic Development Board (EDB), cortAIx SG aims to drive the ethical and effective adoption of AI in Singapore, in alignment with Singapore’s National AI strategy. The Group’s global expansion of cortAIx to Singapore has the dual purpose of serving the needs of both the civil and defence ecosystems.
    • Thales is strengthening its strategic partnerships in Singapore by launching joint initiatives with CAAS1, DSTA2, and HTX3across Aviation, Defence, and Public Safety and Security. These enhanced collaborations include an expanded innovation partnership with HTX focused on AI, border security, quantum, and cybersecurity technologies, as well as the creation of a joint Avionics Lab with CAAS—supported by Changi Airport Group, ICAI4, SATS, and Singapore Airlines—to drive next-generation avionics solutions.
    • With these partnerships, cortAIx SG will become an integral part of the Group’s global cortAIx network of 800 highly-skilled AI and data experts, supported by local talent with deep expertise in machine learning, artificial intelligence, and data science.

    On 30th May, Thales and EDB signed a Memorandum of Understanding (MOU) for the launch of cortAIx SG to extend the Group’s global AI programme to Asia, and further accelerate on AI research and industrialisation. With more than 100 products integrating AI, Thales already develops and deploys trusted AI-powered systems in the most complex and challenging environments. Building on this strong foundation, cortAIx SG will serve as an important accelerator, identifying critical challenges and developing high-impact AI solutions for Thales’ business units across Singapore and the broader Asia region. The centre will play a key role in driving the development and implementation of trusted AI systems in complex and mission-critical environments, thereby strengthening Thales’ R&D capabilities and long-term innovation footprint in Singapore.

    cortAIx SG positions Thales Singapore as a hub for AI leadership and joint innovation, aligned with the nation’s ambitions under the National AI Strategy. The centre will be driven by several key initiatives: including projects that enhance utilisation of knowledge and sensor suites to aid planning and decision support; increase operational efficiency; and drive human-autonomy teaming. Thales will work with the Singaporean government and ecosystem to grow domain and technology capabilities in Singapore, bringing together cutting-edge technology, talent and research to AI solutions that are ethical, transparent, explainable, and operationally effective.

    The announcement was made on the occasion of French President Mr. Emmanuel Macron’s State Visit to Singapore, with multiple agreements signed on 29th May and during the France–Singapore Frontier Technologies Forum on 30th May.

    1.Expansion of Strategic Partnership with HTX (Home Team Science & Technology Agency)

    Thales and HTX first signed a Master Agreement for Strategic Partnership for Innovation in 2020.  Today, they expanded the scope of this partnership, extending it for another three years to:

    1. Establish a joint-lab focused on AI-enabled technologies, local capability development and the formation of best practices for trustworthy AI within the local context;  
    2. Enable technology insertion through agile collaboration, testing and technology experimentation aligned to HTX’s evolving needs. Thales will support HTX in translating early-stage technical solutions into concrete systems that can be integrated into HTX’s homeland security programmes to drive rapid innovation and early adoption;
    3. Jointly develop a shared Research and Development (R&D) strategy and future technology roadmap relevant to public safety and security, bringing together HTX, Thales, academia and startups, across five critical technology frontiers: Artificial Intelligence (AI), Brain-Computer Interfaces (BCI), Cybersecurity, Quantum Technologies and Space.

    2.Joint Avionics Lab with Civil Aviation Authority of Singapore (CAAS) to innovate avionics-oriented solutions

    CAAS, Changi Airport Group (CAG), the International Centre for Aviation Innovation (ICAI), SATS Ltd. (SATS), Singapore Airlines (SIA) and Thales signed a Memorandum of Understanding (MOU) on 29th May 2025 to foster greater innovation and collaboration at the aviation ecosystem level.

    Under this MOU, the partners will work together to identify key challenges to solve and undertake joint innovation projects to develop solutions, which could include the following:

    1. Air traffic optimisation, by combining airlines’ flight operations and cockpit data with air traffic management information. AI-enabled algorithms can detect and predict holding patterns within a particular radius around Changi Airport, helping manage congestion and leading to reduced flight delays.
    2. Digitalising and optimising the data shared between airlines, air traffic management and airports. Data from sensors in the aircraft, like cameras or inflight entertainment systems, can provide real-time, automated data to complement current data streams like video content from ground infrastructures. Enhancing these with AI models can help airlines, air traffic managements and airport operators improve collaborative decision making.

    The Avionics Lab in Singapore, the first of its kind for Thales outside France, represents a significant milestone in deepening Thales’ avionics capabilities in Singapore and the region.   The Avionics Lab complements the AIR Lab (jointly set up by CAAS and Thales in 2019 to work on cutting-edge Air Traffic Management solutions) to optimise air transport operations in the region. 

    The Avionics Lab will serve as a vital platform for collaborative innovation, between the world leading aviation eco-system in Singapore and Thales, to co-develop and test cutting edge concepts grounded in real-world operational scenarios, strengthening Singapore’s position as a hub for aviation technologies.

    3.AI in critical systems for Defence through DSTA – Thales co-lab

    Announced in April this year, the Defence Science and Technology Agency (DSTA) and Thales have set up a joint lab for AI-enabled technologies, which can augment combat systems currently in use by the Singapore Armed Forces to efficiently handle drone threats. The lab will work on joint projects, the first of which is related to Counter-Unmanned Aircraft Systems (C-UAS) and advanced sensors.

    Thales is also providing a cyber-secured and AI-powered autonomous mine countermeasures system to the Republic of Singapore Navy, in partnership with ST Engineering. The sonars and mission management system are accompanied by data analysis tools reinforced with AI, in order ​ to facilitate target detection and identification that ease the workload of operators.

    These initiatives form the core of Thales’s AI strategy in Singapore and touch on key sectors aligned with the National AI Strategy 2.0. These collective partnerships will see Thales grow its pool of AI experts in Singapore to over several dozen in the next three years, adding to the Group’s global cortAIx network of 800 highly-skilled AI and data specialists.

    “The launch of cortAIx SG by Thales will add new capabilities to Singapore’s growing AI and innovation ecosystems, and builds on Thales’s longstanding presence in Singapore. We look forward to the impactful AI-enabled solutions cortAIx SG will develop in partnership with our ecosystem for Singapore and the region,” said Cindy Koh, Executive Vice President, EDB.

    “Thales is honoured to be working with our strategic partners in Singapore to bring new technologies to the fore, whether in aviation, in public security or to help reinforce national defence and sovereignty. Being able to announce the launch of cortAIx SG this week, in the presence of Ms Clara Chappaz, French Minister Delegate for AI and Digital Affairs and Ms Josephine Teo, Singapore’s Minister for Digital Development and Information and Minister-in-charge of Smart Nation and Cybersecurity, is a true recognition of our role as a technology leader, notably as France and Singapore celebrate 60 years of bilateral cooperation. cortAIx SG will be a valuable asset to help our customers and partners embrace the vast opportunities AI has to offer, deploying it as a force for good, in support of Singapore’s National AI Strategy. We are excited at the prospect of bringing our leading technology, talent and research to deliver AI solutions that are ethical, transparent, explainable and effective.” said Philippe Keryer, Senior Executive Vice President, Strategy, Research and Technology, Thales.

    Thales in Singapore

    Thales has been present in Singapore since 1973, where it has grown from a small avionics presence into a major hub with 2,000 employees across aerospace, defence, cybersecurity, and digital identity (CDI). The country now hosts Thales’s largest CDI manufacturing centre, avionics manufacturing and MRO centre, and cutting-edge R&D labs, including the AIR Lab with CAAS, a joint lab with HTX and the CINTRA research unit with NTU and CNRS. Recent investments include the Thales Singapore Defence Hub, a Co-Lab with DSTA, and Centres of Excellence in Air Traffic Management and Public Security.

    About Thales

    Thales (Euronext Paris: HO) is a global leader in advanced technologies for the Defence, Aerospace, and Cyber & Digital sectors. Its portfolio of innovative products and services addresses several major challenges: sovereignty, security, sustainability and inclusion.

    The Group invests more than €4 billion per year in Research & Development in key areas, particularly for critical environments, such as Artificial Intelligence, cybersecurity, quantum and cloud technologies. Thales has more than 83,000 employees in 68 countries. In 2024, the Group generated sales of €20.6 billion.

    1Civil Aviation Authority of Singapore

    2Defence Science and Technology Agency

    3Home Team Science & Technology Agency

    4International Centre for Aviation Innovation

    MIL OSI Economics –

  • MIL-OSI United Kingdom: New police dog facility opens to boost real-world readiness

    Source: United Kingdom – Executive Government & Departments

    News story

    New police dog facility opens to boost real-world readiness

    Griffin Bark, a new police dog training facility, opens to prepare K9s for real-world scenarios with realistic, site-specific obstacles.

    A state-of-the-art training facility designed to better prepare police dogs for real-world operational environments has officially opened at Griffin Park, in Cumbria.

    Affectionately named ‘Griffin Bark’, the purpose-built area replicates the complex and often challenging scenarios dogs may encounter in the field.

    Developed to enhance realism in training, Griffin Bark includes a variety of features such as solid and open staircases, two training towers with different flooring types, interconnected tunnels (including confined spaces and vertical access areas), and realistic entry points like chain screens and curtain doors. It also houses a street scene setup with signage, furniture, barriers, and multiple scent concealment points.

    The facility is directly connected to the Dog Training Unit and kennel building via a secure enclosed route, allowing easy and safe access for handlers and their dogs.

    By offering more frequent and immersive training opportunities, Griffin Bark plays a vital role in building canine confidence, resilience, and search effectiveness. It also promotes closer collaboration with the Firearms Training Unit, supporting joint operational readiness.

    The creation of this unique training environment reflects the Civil Nuclear Constabulary’s continued commitment to the Dog Training Unit and promotes greater inter-operability with the Firearms Training Unit.

    Updates to this page

    Published 30 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: ‘Oxford Travel Options’ website launches for residents, visitors, and commuters

    Source: City of Oxford

    A new website has launched to help anyone who lives in, works in, or visits Oxford to find alternatives to travelling by car around the city. 

    Oxford Travel Options, aims to provide Oxford residents, commuters, visitors and businesses with information and advice on alternatives to travelling by car. 

    The website has been created by the Zero Carbon Oxfordshire Partnership and Low Carbon Oxford North, with support from the Low Carbon Hub. 

    The site includes information on different ways of travelling around the city, which is updated regularly. It covers everything from explaining different bus ticket types, cycling and walking routes, to online journey planners, lift share apps, information on wheelchair bus access, and cargo bike hire. It also includes advice for employers on supporting staff travel. 

    The website also features real stories from local people, with case studies and advice on a range of topics from travelling with kids to finding a liftshare buddy, and finding cheaper and healthier ways to travel.   

    The Zero Carbon Oxfordshire Partnership is a group of Oxfordshire’s leading institutions and employers working together to achieve zero carbon emissions across the county by 2050, including the universities, NHS trusts, councils, large businesses, further education, and community organisations. 

    Low Carbon Oxford North is a community climate charity set up by local residents to support ambitious CO2 cuts through local action. 

    Low Carbon Hub is a social enterprise out to prove we can meet our energy needs in a way that’s good for people and good for the planet. They provided funding to Low Carbon Oxford North for the project through their Community Grants Programme, which supports local action on climate change.  

    Transport is the second largest contributor to Oxford’s emissions, accounting for 23% of emissions. In order for Oxford to become a net zero city by 2040, a shift from private car use towards increased public transport-use is needed, as well as cycling, walking, working-from-home, and car sharing. 

    The need for the website was identified by the Partnership’s Sustainable Travel working group, which supports sustainable travel initiatives with employers, and by Low Carbon Oxford North through their work with Oxford residents. 

    Funding for the creation of the website has come from the Zero Carbon Oxfordshire Partnership and Low Carbon Hub. Ongoing management of the website will be funded by the Foundation for Integrated Transport and the Zero Carbon Oxfordshire Partnership.  

    “Transport is one of Oxford’s biggest sources of carbon emissions, and we know that helping people shift how they travel – even in small ways – is key to tackling this. The website brings together local travel advice to help people choose low-carbon options that fit their daily lives, including guidance for employers supporting staff to travel more sustainably. The Sustainable Travel Working Group identified the need for a central, user-friendly resource like this, and it’s great to see that idea now brought to life. We hope it will be a useful tool for employers, residents and visitors alike to make more confident, informed choices about how they travel.” 

    Jerry Woods, Champion of the ZCOP Sustainable Travel working group

    “We know from working with Oxford residents that there are lots of people in Oxford who would like to drive less and would value some support in making changes – and this is exactly what Oxford Travel Options is intended to do. The site makes it easier for people to access the huge variety of resources and services Oxford offers in support of sustainable travel.  We know people rely on cars for lots of reasons – we also know that small changes to our travel habits can save money, reduce stress and improve happiness, as well as improving air quality and reducing carbon emissions. This is not an ‘all or nothing scenario’. We hope that by providing lots of useful information, the website will encourage people to have a try and see how it goes!” 

    Carey Newson, Trustee of community climate charity Low Carbon Oxford North

    “I am delighted to welcome this fantastic initiative from ZCOP. Healthy and sustainable travel options improve every aspect of people’s lives: mental and physical health and wellbeing, educational outcomes, independence and resilience in young people, cleaner air, safer streets, better public transport, and much else.  

    “Part of the county council’s long-term transport strategy for Oxfordshire is to enable residents to feel the many benefits of walking and cycling, and using public and shared transport. The travel options website is an example of organisations working together to inspire others to try something new, one journey at a time.”  

    Councillor Andrew Gant, Cabinet Member for Transport Management at Oxfordshire County Council

    “We know from working with the city’s biggest employers that residents & their staff want information on how to travel into and across Oxford conveniently and sustainably. This new website aims to compile this information into one accessible place. I hope that residents will find it useful for journey planning & will encourage them to try different ways of getting to work and around the city.”

    Councillor Anna Railton, Deputy Leader, and Cabinet Member for a Zero Carbon Oxford, Oxford City Council

    “The University of Oxford is pleased to be part of the ZCOP Sustainable Travel Working Group and to support the launch of the Oxford Travel Options website. This resource makes sustainable travel simple and accessible for everyone in Oxford. With so many staff and students travelling daily, it provides valuable support to help make greener travel choices easier. It’s encouraging to see partners across the city collaborating on this initiative.” 

    Ed Wigzell, Sustainable Travel Manager, University of Oxford

    MIL OSI United Kingdom –

  • MIL-OSI: Poland’s PFR Launches €150 M Deep-Tech Fund-Of-Funds

    Source: GlobeNewswire (MIL-OSI)

    WARSAW, Poland, May 30, 2025 (GLOBE NEWSWIRE) — PFR Ventures, the investment arm of the Polish Development Fund (PFR), has introduced PFR Deep Tech, a fund-of-funds programme that will deploy at least €150 million into breakthrough and dual-use technologies. Half of the capital is being supplied by PFR, and the rest will be raised from private and institutional partners.

    The new programme is designed to back venture-capital managers with established records in scaling deep-tech companies. Target sectors include artificial intelligence, cybersecurity, advanced materials, robotics, space and dual use. Selected funds must match PFR’s commitment euro-for-euro and invest at least the same amount in businesses that maintain a clear Polish nexus through R&D, operations or headquarters.

    “We are filling a financing gap for frontier technologies that often require more patience than traditional VC can offer,” said Mikołaj Raczyński, Vice-President of PFR. “Poland already has world-class engineers and scientists; what has been missing is a patient pool of capital that lets their ideas mature here rather than migrating abroad. Ukraine’s proximity is more than just a geopolitical backdrop; it brings concrete needs and gives us sharper insight into the dual-use technology market.”

    PFR Ventures expects to anchor three to five specialised funds, which together could back up to 80 high-potential businesses over the life of the programme. Raczyński added that the initiative is meant to attract both global expertise and domestic talent: “By pairing public money with private know-how, we aim to embed Poland deeper in global value chains while keeping intellectual property and high-skill jobs at home.”

    The launch builds on PFR Ventures’ position as Central Europe’s largest institutional limited partner (LP). The organisation already supports more than 90 venture capital, private equity and private credit funds. “The Polish capital market has the foundations to become a regional investment hub” Raczyński noted. “With PFR Deep Tech we are sharpening our focus on technologies that matter for both economic competitiveness and security.”

    The Polish Development Fund (PFR) is committed to supporting Poland’s sustainable economic growth by fostering domestic investment, promoting the international expansion of Polish enterprises, and collaborating with foreign partners.

    Source: PFR

    The MIL Network –

  • MIL-OSI Video: UK How can we protect young people online?

    Source: United Kingdom UK House of Lords (video statements)

    Members raise concerns about the challenges facing young people from online harms in this question from Baroness Berger.

    Read a transcript:
    https://hansard.parliament.uk/lords/2025-05-21/debates/A4B13D84-4D44-4962-9882-C2D0F17EC834/OnlineHarmsYoungPeople

    Catch-up on House of Lords business:

    Watch live events: https://parliamentlive.tv/Lords
    Read the latest news: https://www.parliament.uk/lords/

    Stay up to date with the House of Lords on social media:

    • X: https://twitter.com/UKHouseofLords
    • Bluesky: https://bsky.app/profile/houseoflords.parliament.uk
    • Instagram: https://www.instagram.com/UKHouseofLords/
    • Facebook: https://www.facebook.com/UKHouseofLords
    • Flickr: https://flickr.com/photos/ukhouseoflords/albums
    • LinkedIn: https://www.linkedin.com/company/the-house-of-lords
    • Threads: https://www.threads.net/@UKHouseOfLords

    #HouseOfLords #UKParliament

    https://www.youtube.com/watch?v=g5BJ9_WbZEY

    MIL OSI Video –

  • MIL-OSI United Kingdom: Closure of Riverside Theatre a Major Loss

    Source: Traditional Unionist Voice – Northern Ireland

    Statement by TUV Vice Chairman and Causeway Councillor Allister Kyle:

    “It is deeply disappointing that Ulster University has chosen not to work constructively with the council to explore options to keep the Riverside Theatre open. Instead, the university presented a take-it-or-leave-it ultimatum: unless council agreed to take on the lease, full running costs, and liabilities, the theatre would close in summer 2025.

    “This is not a partnership—it’s an offload. And once again, it reflects the ongoing marginalisation of Coleraine in favour of the university’s Jordanstown and Magee campuses.

    “The Riverside Theatre has meant a great deal to me personally. I’ve enjoyed many performances there over the years, and I know how much it matters to the people of this area. It’s Northern Ireland’s fifth-largest theatre and the oldest professional venue outside Belfast. It has hosted remarkable talent—including our very own James Nesbitt, who began his career on its stage.

    “It didn’t have to come to this. I firmly believe a solution could have been found if the university had been willing to engage properly. But council cannot be expected to shoulder all the costs and risks, particularly when we lack the specialist expertise to run such a venue.

    “It’s also regrettable that no support or intervention came from Stormont’s Department for Communities, despite the cultural and economic importance of the theatre.

    “The closure of the Riverside will be a massive loss to Coleraine and the wider Causeway Coast and Glens area—not just in terms of the arts, but in the vibrancy, identity, and opportunities it brought to our community.”

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Farmers Have Found Their Voice – The Minister Must Listen or Go

    Source: Traditional Unionist Voice – Northern Ireland

    Statement by TUV MLA Timothy Gaston:

    “On Wednesday afternoon, I attended the NAP consultation event at Greenmount to stand with farmers and the wider agri-food industry and deliver a clear message: enough is enough. These proposals must be withdrawn.

    “Farmers are the true custodians of our countryside. Any future environmental policy must be developed in partnership with them—not imposed on them.

    “If Minister Muir had any serious concern for the agri sector, he would have been present to hear the fear and anger in that room. But he wasn’t. In fact, there wasn’t a single representative from his party in the room. The industry was left to face civil servants, none of whom could even raise a hand in support of the proposals they were sent to defend.

    “Not one.

    “And while the Department could cite figures on agriculture, they had no answers—none—on the impact of NI Water or septic tanks on water quality. When I asked about food security, they had nothing. The silence spoke volumes.

    “Worse still, there was no sign of any meaningful consultation. No one from the Department appeared to be recording feedback from the Q&A session—despite speaker after speaker rising with heartfelt conviction, warning of the devastating impact these plans will have on their livelihoods and the future of farming in Northern Ireland.

    “Who is consulting with who? Because from today’s meeting, it looks like the Department is consulting with itself.

    “Farmers have found their voice. If the Minister won’t listen, he should go. In truth, I’d welcome both.”

    MIL OSI United Kingdom –

  • Serbia says it will investigate Russian accusations that it ships arms to Ukraine

    Source: Government of India

    Source: Government of India (4)

    Serbia and Russia will jointly investigate how Serbia-made ammunition reached Ukraine, President Aleksandar Vucic said, after Moscow accused Belgrade of exporting arms to the government in Kyiv.

    The SVR, the Russian foreign intelligence service, accused Belgrade of “a stab in the back”, alleging Serbia’s defence manufacturers were selling ammunition and weapons to Ukraine.

    “They (arms sales) have one clear purpose – to kill and maim Russian military personnel and the civilian population,” the SVR said in a statement posted on its website on Thursday.

    The SVR said Serbia sends arms shipments to Ukraine through NATO intermediaries, including the Czech Republic, Poland and Bulgaria, as well as some African countries.

    Serbia maintains a balancing act between its historical ties with Russia and the European Union. Belgrade has condemned the Russian invasion of Ukraine, but has so far refused to join Western sanctions against Moscow.

    Vucic told state RTS TV he discussed Serbian arms exports to Ukraine with Russia’s leader Vladimir Putin when he visited Moscow on May 9, and denied some of the SVR’s allegations.

    “We have formed a working group, together with Russian partners, to establish the facts. Some of the things that have been said are not true,” he told RTS TV late on Thursday.

    According to a classified Pentagon document, Serbia in 2023 agreed to supply arms to Kyiv, despite the country’s professed military neutrality. Moscow has criticised Belgrade several times over the issue.

    The Serbian defence industry produces weapons and ammunition with designs largely stemming from the ex-Soviet military technology of the 1980s, similar to those used both in Ukraine and Russia.

    “Our factories must live and work. About 24,000 people work directly in the defense industry,” Vucic said.

    Serbia wants to join the European Union, but Russia, a Slavic and Orthodox Christian ally, remains its biggest gas supplier, and the country’s sole oil refinery is majority-owned by Gazprom and Gazprom Neft.

    Although Belgrade has refused to join Western sanctions on Russia over its invasion of Ukraine, it has condemned Moscow’s policies in the United Nations and expressed support for Ukraine’s territorial integrity, including territories held by Russia. Vucic has also met Ukrainian President Volodymyr Zelenskiy at least three times.

    (Reuters)

  • MIL-OSI: Paycheck-to-Paycheck to Financial Freedom: Bitcoin Solaris Opens Mobile Mining Access Ahead of Nova App Launch

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, May 30, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S), a decentralized blockchain protocol focused on real-world accessibility and mobile-first infrastructure, has officially opened early access to its Nova App—a passive mobile mining platform that enables users to earn daily crypto rewards from any smartphone or personal device. This announcement comes as the project enters Phase 5 of its presale, ahead of the app’s full public rollout.

    Mining from a Smartphone: Turning Idle Time into Daily Income

    The Nova App, now in limited beta release, allows users to earn BTC-S tokens by allocating 1–5 GB of storage and idle CPU power while their device charges. Rewards are distributed daily based on uptime, with no hardware requirements, no technical knowledge, and no upfront capital needed to participate. The team shared a picture of the app in the Telegram group, and the community went absolutely wild with excitement.

    By removing traditional barriers such as staking lockups or expensive mining rigs, Bitcoin Solaris makes digital asset participation viable for anyone with a smartphone, regardless of income or experience. The app is designed to operate seamlessly in the background, creating a new kind of income stream for global users living paycheck-to-paycheck.

    Infrastructure Built for Global Scale

    Bitcoin Solaris runs on a dual-layer blockchain architecture optimized for throughput and decentralization. The protocol combines multiple consensus models—including Proof-of-Stake (PoS), Proof-of-Capacity (PoC), Proof-of-History (PoH), and Proof-of-Time (PoT)—to support:

    • 10,000+ transactions per second
    • 2-second finality
    • Thousands of simultaneous mobile miners

    This architecture is designed to ensure that as Nova App adoption grows, the network can distribute mining rewards efficiently—without congestion, centralization, or performance bottlenecks.

    Independent Verification and Presale Opportunity

    Bitcoin Solaris has completed third-party security audits from Cyberscope and Freshcoins, along with KYC verification of its founding team. These steps provide foundational trust for new users entering the crypto space through BTC-S.

    Currently in Presale Phase 5, Bitcoin Solaris is offering tokens at $5 USDT, with a planned launch price of $20 USDT. Key presale details include:

    • Presale Ends: July 31, 2025
    • Token Price (Phase 5): 5 USDT
    • Public Listing Price: 20 USDT
    • Bonus: 11% additional tokens
    • Fixed Supply: 21 million BTC-S
    • Presale Allocation: 20% (4.2 million tokens)
    • Future Distribution: Exclusively via Nova App mining

    This phase offers early users the opportunity to join the network before mining difficulty adjusts upward and token distribution shifts to on-chain mining rewards

    Early Participation Still Open

    Bitcoin Solaris is currently in presale phase 5, where BTC-S is priced at 5 USDT. The planned public listing price is 20 USDT, creating a clear opportunity for discounted entry before centralized exchange exposure and mobile mining rollout. From the total 21 million BTC-S supply, 4.2 million tokens (20%) are allocated across presale stages. There is no inflation — future token distribution occurs only through Nova App mining.

    This presale phase offers more than price advantage. It ensures access to early mining when competition is low and difficulty is minimal. Timing, as history shows, is the primary wealth driver in crypto. For retail users, this is that moment.

    In a recent segment, Crypto Volt explains why Bitcoin Solaris is not just another presale but a system designed to bring working-class participants into the same wealth cycle that defined crypto’s early success stories. From mobile mining to supply caps, he outlines how BTC-S is replicating the conditions that allowed early adopters to break free from paycheck dependency.

    Bitcoin Solaris is more than a token—it’s a financial tool for the global majority. Whether you’re a gig worker, student, or first-time crypto participant, BTC-S offers a chance to earn daily and grow value long-term with nothing more than a connected device.

    The Nova App public release is scheduled alongside the token listing, but early access is now open to presale participants and selected community members.

    Start Earning. Start Early.

    Bitcoin Solaris aims to bridge the gap between passive tech users and active digital asset earners. With mobile mining, a fixed supply model, and verified infrastructure, the network is building toward a more inclusive financial future one daily reward at a time.

    To learn more or participate in the presale:
    Website: https://bitcoinsolaris.com/
     X (Twitter): https://x.com/BitcoinSolaris
     Telegram: https://t.me/Bitcoinsolaris

    Media Contact
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available on request

    Disclaimer: This is a paid post and is provided by Bitcoin Solaris. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/81d959ff-b71e-4c72-9fe5-041dad27513a

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    The MIL Network –

  • MIL-OSI Europe: Spain: EIB finances Teknia with €30 million loan to support R&D investments for the European automotive sector

    Source: European Investment Bank

    EIB

    • The loan will support Teknia’s research and development (R&D investments) in Spain, Poland, Romania, Germany, Sweden and Czech Republic to develop more sustainable manufacturing technologies for automotive components.
    • This operation by the European Investment Bank (EIB) supports innovation and sustainability in a strategic sector for the EU economy.
    • The agreement contributes to the EIB’s strategic priorities of innovation, climate action and cohesion.
    • The operation is backed by InvestEU, an EU programme that aims to unlock over €372 billion in investment by 2027.

    The European Investment Bank (EIB) and Teknia have signed a loan worth €30 million to finance the company’s research and development activities, and measures to apply them in manufacturing of components for the automotive sector.  Teknia is a Spanish company present in 13 countries specialised in the manufacture of metal and plastic components for mobility solutions using a wide range of technologies.

    The EIB loan will support Teknia’s investments in R&D and in its facilities located in Spain, Poland, Romania, Germany, Sweden and Czechia. The investments will focus on the application of advanced manufacturing technologies, product diversification and cutting CO2 emissions. The company, one of the leading Spanish automotive suppliers, will reinforce its manufacturing capabilities and digitalization which are important pillars of its strategic plan in course.  

    The operation contributes to the EU’s cohesion policy as a significant part of the investments (approximately 51%) will be made in cohesion regions.

    “We are very pleased to be joining forces with Teknia to foster innovation and sustainability in the European automotive sector,” said Antonio Lorenzo, head of the EIB’s Corporate Lending Division Spain and Portugal. “This new financing is a clear example of how the EIB is helping companies to become more sustainable, more innovative and more competitive while contributing to strengthening Europe’s leading position in strategic sectors”.

    “This important loan will allow us to keep growing during these challenging times in the automotive sector and focus even more in innovation to manufacture the mobility of the future in our plants in the most sustainable way, decreasing the carbon footprint of the group”, Javier Quesada de Luis, Teknia CEO, explained. “We look to the future with optimism and will keep reinforcing our operations digitalizing our plants and innovating to codevelop new products together with our clients”.

    The EIB operation will boost EU competitiveness and help to reindustrialise a sector undergoing transformation due to the impact of developments like electrification and digitalisation.

    The loan contributes to the EIB Group’s strategic priorities of innovation and climate action and cohesion. These are three of the Group’s eight priorities set out in its Strategic Roadmap for the years 2024-2027.

    The EIB loan is partially guaranteed by InvestEU, the flagship EU programme to mobilise over €372 billion of additional public and private sector investment to support EU policy goals from 2021 to 2027.

    Background information  

    EIB 

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight core priorities, we finance investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, high-impact investments outside the European Union, and the capital markets union.  

    The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.  

    All projects financed by the EIB Group are in line with the Paris Climate Agreement, as pledged in our Climate Bank Roadmap. Almost 60% of the EIB Group’s annual financing supports projects directly contributing to climate change mitigation, adaptation, and a healthier environment.  

    Fostering market integration and mobilising investment, the Group supported a record of over €100 billion in new investment for Europe’s energy security in 2024 and mobilised €110 billion in growth capital for startups, scale-ups and European pioneers. Approximately half of the EIB’s financing within the European Union is directed towards cohesion regions, where per capita income is lower than the EU average.

    High-quality, up-to-date photos of our headquarters for media use are available here.

    InvestEU

    The InvestEU programme provides the European Union with crucial long-term funding by leveraging substantial private and public funds in support of a sustainable recovery. It also helps mobilise private investment for EU policy priorities, such as the European Green Deal and the digital transition. InvestEU brings together under one roof the multitude of EU financial instruments available to support investment in the European Union, making funding for investment projects in Europe simpler, more efficient and more flexible. The programme consists of three components: the InvestEU Fund, the InvestEU Advisory Hub and the InvestEU Portal. The InvestEU Fund is implemented through financial partners that invest in projects, leveraging on the EU budget guarantee of €26.2 billion. The entire budget guarantee will back the investment projects of the implementing partners, increasing their risk-bearing capacity and mobilising at least €372 billion in additional investment.

    Teknia

    Teknia is a multinational group specializing in the manufacturing of mobility components through metal and plastic components in a wide range of technologies.

    Founded in 1992 as a global supplier to the automotive industry, Teknia is present in 13 countries, with 23 plants and more than 3,500 employees. The company’s clients include the world’s leading vehicle manufacturers, as well as other Tier-1 suppliers. Teknia’s revenues reached €431 million in 2024.

    Teknia – RDI and Advanced Manufacturing
    Spain: EIB finances Teknia with €30 million loan to support R&D investments for the European automotive sector
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    MIL OSI Europe News –

  • MIL-OSI United Kingdom: James Bamberg is appointed to the ACNRA Board

    Source: United Kingdom – Executive Government & Departments

    News story

    James Bamberg is appointed to the ACNRA Board

    The Secretary of State has appointed James Bamberg as a Board Member for the Advisory Council on National Records and Archives. This is a 4 year term from 10 March 2025 to 9 March 2029

    James Bamberg

    James (Jim) Bamberg is an historian and author who was formerly the official historian of BP plc. He wrote two volumes of BP’s official history published by Cambridge University Press and a third unpublished volume. He was also responsible for BP’s archives, in which capacity he proposed and managed the relocation of the archives to the University of Warwick and their opening to public access. On leaving BP he joined Harvard Business School as the Alfred D. Chandler International Visiting Scholar in Business History. He afterwards worked as an independent consultant and formed his own historical consultancy company, Storica Ltd.

    Jim holds a first class honours degree and a PhD in history from the University of Cambridge, as well as an honours degree in Fine Art from Goldsmiths, University of London. He has been a Visiting Fellow at the University of Reading; a Research Associate at the University of Cambridge; President of the Association of Business Historians; and a Fellow of the Royal Historical Society.

    Remuneration and Governance Code

    Board Members will be remunerated at a rate of £386 per day. This appointment has been made in accordance with the Cabinet Office’s Governance Code on Public Appointments.

    The appointments process is regulated by the Commissioner for Public Appointments. Under the Code, any significant political activity undertaken by an appointee in the last five years must be declared. This is defined as including holding office, public speaking, making a recordable donation, or candidature for election. James has declared no significant political activity.

    Updates to this page

    Published 30 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Sir Loyd Grossman’s (CBE) term as The Royal Parks Chair extended for 9 months

    Source: United Kingdom – Executive Government & Departments

    News story

    Sir Loyd Grossman’s (CBE) term as The Royal Parks Chair extended for 9 months

    The Secretary of State has extended Sir Loyd’s third term for a further 9 months, from 01 June 2025 to 28 February 2026, while the process to appoint a new permanent Chair of The Royal Parks is run.

    Sir Loyd Grossman CBE

    Loyd is a broadcaster, entrepreneur and writer who has a long association with the arts and heritage sectors. He is Chair of The Royal Society of Arts and a Vice President of the Churches Conservation Trust.

    Loyd’s past appointments include as a board member of English Heritage, the Museums and Galleries Commission and the Royal Commission on the Historical Monuments of England. He has been Chairman of the Churches Conservation Trust, Chair of the Heritage Alliance, Chairman of National Museums Liverpool and Vice Chair of the Royal Drawing School. He was awarded a Knighthood in the King’s New Year Honours List for services to heritage in 2024. He was awarded a CBE in the Queen’s Birthday Honours List for services to heritage in 2015.

    Remuneration and Governance Code

    The Chair of The Royal Parks is not remunerated. This appointment has been made in accordance with the Cabinet Office’s Governance Code on Public Appointments. The appointments process is regulated by the Commissioner for Public Appointments. Under the Code, any significant political activity undertaken by an appointee in the last five years must be declared. This is defined as including holding office, public speaking, making a recordable donation, or candidature for election. Sir Loyd Grossman has not declared any significant political activity.

    Updates to this page

    Published 30 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Highland Council agrees regional adaptation plan to support coastal communities

    Source: Scotland – Highland Council

    Members of the Highland Council’s Economy and Infrastructure Committee have today agreed a Regional Coastal Change Adaptation Plan which will enable coastal communities to become more resilient to the impacts of climate change over time.

    Chair of the Economy and Infrastructure Committee, Councillor Ken Gowans said: “The world’s climate is changing and already the sea level around Scotland is rising at an alarming rate. Highland coastlines are home to much of our region’s population as well as significant infrastructure such as harbours, ports, roads and railways. It’s crucial that we do everything we can to prepare and support communities who may be affected by increased coastal impacts as a result of climate change. There is a risk that flooding and erosion will impact our communities more frequently and this plan will help us to mitigate disruption to communities, infrastructure and assets along our coastlines.”

    The Regional Coastal Change Adaptation Plan (Regional CCAP) provides an overview of the risks across the Highland Council area, identifying communities and assets that are most likely to be negatively impacted by climate change, rising sea levels, coastal erosion and flooding.

    Cllr Gowans continued: “The plan recognises the need to be flexible in how we respond to the impacts of climate change along our coastlines, in order to help Highland communities and the Highland Council manage current and future risks. Our coastal zone is known for its rich biodiversity, cultural and environmental heritage and it also plays an important role in the Highland economy through industry and tourism. By identifying the highest risk locations and enabling progress at local levels, we can develop an adaptive pathway approach to support our coastal communities, biodiversity, cultural heritage and environment to adapt to the impacts of coastal climate change over time.”

    The plan provides a flexible framework to address long-term and short-term climate change risks and enables Highland Council and coastal communities to adapt and become more resilient to climate change impacts now and in the future. 29 high-risk locations have been identified for further investigation and potential development of Local Coastal Change Adaptation Plans.

    Cllr Gowans added: “For the plan to be successful, it will be important for us to work with communities at risk and collaborate with asset owners and neighbouring local authorities to ensure we can steer future development away from risk whilst safeguarding coastal locations. The plan will be reviewed and updated going forward and made public on our website for shared learning opportunities.”

    30 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Highland Council agrees environmental scheme endorsement for major developers

    Source: Scotland – Highland Council

    Members of Highland Council’s Economy and Infrastructure Committee have today agreed to the principle of the Council endorsing proposed environmental scheme sites in advance for new infrastructure projects.

    Economy and Infrastructure Committee Chair, Councillor Ken Gowans said: “Developers delivering major infrastructure projects often find it challenging to quickly secure sufficient land for their environmental scheme obligations. This can lead to delays in projects starting and often results in sub-optimal biodiversity improvements. By endorsing proposed biodiversity enhancement and compensatory planting schemes in advance of planning permission being applied for, we hope to help mitigate delays, minimise negative environmental impacts and deliver the best outcomes possible for our world-class natural environment, whilst giving developers the confidence to enter into early agreements with landowners.”

    The approach gives developers more time to identify suitable land before entering into legal agreements with the assurance that proposed environmental schemes have already been endorsed by the Council as being competent and compliant. A Memorandum of Understanding between the Council and developers will establish a framework for developers to submit details of a proposed environmental scheme for endorsement in advance of a formal planning application. Once endorsed, the scheme would then be considered competent for the developer to draw down from.

    Cllr Gowans continued: “Environmental schemes are important for our communities as they ensure that biodiversity is improved when new infrastructure projects are developed. We have a duty to ensure that developers deliver schemes that contribute positively to our natural habitats and ecosystems, but due to the short timeframe between planning permission being granted and project implementation, it can be challenging for developers to fully maximise opportunities for biodiversity enhancement.

    “This new approach has the potential to ensure that environmental schemes benefit communities and result in landscape-scale improvements throughout the Highlands. It will also support the Council in addressing and mitigating environmental impacts more effectively as part of our commitment to sustainable development.”

    Next steps include finalising terms and pre-application fees, establishing a steering group to review and endorse schemes and developing monitoring and reporting structures to track the progress of endorsed environmental schemes.

    30 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: North of Scotland Councils announce multi-million-pound EV charging infrastructure partnership

    Source: Scotland – Highland Council

    Highland, Aberdeen City, Aberdeenshire and Moray Councils are today announcing that EasyGo has been awarded a 20-year contract to provide EV charging infrastructure for the north of Scotland. The contract is estimated to be worth £300 million, with Highland Council acting as the lead authority.

    The large-scale EV infrastructure project will accelerate the region’s transition to Net Zero and see 570 new charging points installed across the north of Scotland by 2028, more than doubling the existing EV infrastructure and further enhancing the region’s charging network. EasyGo will also adopt and maintain all existing council-owned public charging points in the region.

    Transport Scotland has committed more than £7 million of funding to enable the partnership as part of the Scottish Government’s £30 million Electric Vehicle Infrastructure Fund. The fund was launched in 2022 and enables local authorities to work with the private sector to deliver a high-quality public EV charging network across all of Scotland.

    The north of Scotland partnership is the first inter-council contract to have been awarded and is the largest grant award in Scotland since the fund’s inception.

    Councillor Ken Gowans, Vice Convener of The Highland Council said: “We are honoured to lead this groundbreaking initiative in the north of Scotland which sets a new standard for regional cooperation. This project exemplifies the power of collaboration as we work closely with our neighbouring local authorities to create a comprehensive and accessible EV charging network. By addressing the critical need for expanded charging infrastructure, we are removing significant barriers to electric vehicle adoption, better serving our communities in both urban and rural areas and delivering a wide range of community benefits. Together, we are paving the way for a greener, more equitable and connected future across the Highlands and beyond.”

    Aberdeen City Council Co-Leader Councillor Ian Yuill said: “This is a huge boost to the electric vehicle charging network in Aberdeen. The new enlarged infrastructure means more places to charge electric vehicles which fits in with Aberdeen City Council’s plans for net zero and with the aim of improving air quality. Hopefully there will be increased use of the charging stations.  We will continue to promote greener technologies because everyone benefits from a cleaner environment. Looking to the future, we want to ensure Aberdeen’s place as energy capital of Europe.”

    Aberdeen City Council Co-Leader Councillor Christian Allard said: “The investment in the city’s electric vehicle network is part of our Net Zero Vision and Strategic Infrastructure Plan for Energy Transition. The new infrastructure will help cement our position as a world leader in the energy sector as an economic driver for the city, region, Scotland and the UK.”

    Councillor Gillian Owen, Leader of Aberdeenshire Council, said: “This is a hugely aspirational programme for all our regions, and I very much welcome the future development of additional electric vehicle charging infrastructure to help future-proof our network. As a large rural authority, we acknowledge that more needs to be done to improve and extend the existing infrastructure to cater for under-served areas across Aberdeenshire and to ensure far greater reliability of services for motorists. Through this ambitious partnership approach, I am confident it will encourage a major increase in EV usage and help promote equality within both rural and urban areas.”

    Councillor Kathleen Robertson, Leader of Moray Council, said: “This initiative highlights perfectly how collaborative efforts across the north of Scotland can deliver for all of our communities. We’re not only expanding the electric vehicle charging infrastructure in Moray but working with our neighbours to open up economic growth and development opportunities across our region. By playing our own part in the drive to net zero we’re helping Scotland make the journey that really matters. As an electric car driver myself I know how welcome this investment will be for locals and visitors and am proud we’re delivering a climate positive network for the ages.”

    Cabinet Secretary for Transport Fiona Hyslop said: “I’m pleased that over £7 million from the Scottish Government is transforming public electric vehicle infrastructure across the north of Scotland. Our £30 million Electric Vehicle Infrastructure Fund has now been fully allocated to support this type of collaboration across the country and is expected to support the delivery of around 6,000 additional public charge points by 2030.

    “In the north of Scotland, our investment has enabled an innovative procurement partnership across four local authorities, that is expected to leverage over £4.9 million of additional matched private sector investment over the next three years to expand the availability, accessibility and reliability of public EV charging.

    “As we transition away from ChargePlace Scotland, in line with our published vision for public charging infrastructure – this truly collaborative approach, supported through our Electric Vehicle Infrastructure Fund, directly contributes to our ambition to phase out the need for new petrol and diesel cars and vans by 2030.”

    EasyGo is a leading provider of electric vehicle (EV) charging solutions, operating over 4,500 chargers across more than 1,500 locations in Ireland. Founded in 2018, EasyGo delivers fast, reliable direct current (DC) charging to over 100,000 EV drivers and collaborates with major industry players to enhance the accessibility and interoperability of its charging infrastructure.

    Ollie Chatten, CEO of EasyGo, said: “As the largest EV charging network across Ireland, we are truly excited to be working with the Scottish Government on the north of Scotland electric vehicle charging infrastructure partnership, following a successful and thorough procurement process. Supporting progressive councils across the country in building out EV infrastructure is a vital step towards a more sustainable and future-focused Scotland. This project enables us to bring our proven expertise to the forefront, ensuring a reliable and efficient charging network that will power Scotland’s journey to Net Zero.”

    Highland Council Vice Convener Cllr Ken Gowans

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Scottish Government voting down winter evictions ban is ‘shameful’

    Source: Scottish Greens

    30 May 2025 Housing

    Government must rethink their decision that could put many people at risk this winter and beyond.

    More in Housing

    A plan to ban winter evictions has been voted down by the Scottish Government, in a move the Scottish Greens have labelled “shameful”.

    The plan put forward as an amendment to the Housing (Scotland) Bill, would have prevented landlords from evicting renters between November and March every year, preventing thousands of people from being made homeless during the harshest, coldest months of the year where weather conditions can often be life-threatening.

    In 2022, the Scottish Greens secured temporary protections from evictions for renters, giving peace of mind to those at risk of homelessness during the harshest months. 

    Reacting to the vote, Scottish Greens MSP Maggie Chapman said:

    “It is shameful that the Scottish Government has voted against a winter evictions ban. While we may be approaching summer with the coldest months ahead far from our minds, for people at risk of homelessness, the threat of a winter without a roof over their heads is real and fast approaching.

    “Every winter, too many people and families are kicked out of their homes, sometimes for unwarranted reasons by landlords who don’t take their obligations seriously.

    “We live in an era of sky-rocketing rents, high utility bills and low wages that don’t keep pace. The cost of living crisis is still very much with us. Renters need protections just as much as they did when inflation was at its height.

    “But instead of giving renters more rights, the Scottish Government has made it clear that it is on the side of landlords. It has favoured the wealthy over working people, which will only serve to deepen inequality and put more people at risk of homelessness.

    “I will bring these important protections back at Stage 3 of the Bill, giving the Government and opposition parties the chance to protect people and their families facing crisis, and help to ease the ongoing housing emergency in Scotland.”

    MIL OSI United Kingdom –

  • MIL-OSI: Ellomay Capital Reports Publication of Financial Statements of Dorad Energy Ltd. as of and for the Three Months Ended March 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    TEL-AVIV, Israel, May 30, 2025 (GLOBE NEWSWIRE) — Ellomay Capital Ltd. (NYSE American; TASE: ELLO) (“Ellomay” or the “Company”), a renewable energy and power generator and developer of renewable energy and power projects in Europe, Israel and USA, today reported the publication in Israel of financial statements as of and for the three months ended March 31, 2025 of Dorad Energy Ltd. (“Dorad”), in which Ellomay currently indirectly holds approximately 9.4% through its indirect 50% ownership of Ellomay Luzon Energy Infrastructures Ltd. (formerly U. Dori Energy Infrastructures Ltd.) (“Ellomay Luzon Energy”).

    On May 29, 2025, Amos Luzon Entrepreneurship and Energy Group Ltd. (the “Luzon Group”), an Israeli public company that currently holds the remaining 50% of Ellomay Luzon Energy, which, in turn, holds 18.75% of Dorad, published its quarterly report in Israel based on the requirements of the Israeli Securities Law, 1968. Based on applicable regulatory requirements, the quarterly report of the Luzon Group includes the financial statements of Dorad for the same period.

    The financial statements of Dorad as of and for the three months ended March 31, 2025 were prepared in accordance with International Financial Reporting Standards. Ellomay will include its indirect share of these results (through its holdings in Ellomay Luzon Energy) in its financial results for this period. In an effort to provide Ellomay’s shareholders with access to Dorad’s financial results (which were published in Hebrew), Ellomay hereby provides a convenience translation to English of Dorad’s financial results.

    Dorad Financial Highlights

    • Dorad’s revenues for the three months ended March 31, 2025 – approximately NIS 610.6 million.
    • Dorad’s operating profit for the three months ended March 31, 2025 – approximately NIS 76.9 million.

    Based on the information provided by Dorad, the demand for electricity by Dorad’s customers is seasonal and is affected by, inter alia, the climate prevailing in that season. The months of the year are split into three seasons as follows: summer – June-September; winter – December-February; and intermediate (spring and autumn) – March-May and October-November. There is a higher demand for electricity during the winter and summer seasons, and the average electricity consumption is higher in these seasons than in the intermediate seasons and is even characterized by peak demands due to extreme climate conditions of heat or cold. In addition, Dorad’s revenues are affected by the change in load and time tariffs – TAOZ (an electricity tariff that varies across seasons and across the day in accordance with demand hour clusters), as, on average, TAOZ tariffs are higher in the summer season than in the intermediate and winter seasons. Therefore, the results presented for the quarter ended March 31, 2025, which include winter months of January and February and the intermediate month of March, are not indicative of full year results. In addition, due to various reasons, including the effects of the increase in the Israeli CPI impacting interest payments by Dorad on its credit facility, the results included herein may not be indicative of first quarter results in the future or comparable to first quarter results in the past.

    A convenience translation of the financial results for Dorad as of and for the year ended December 31, 2024 and as of and for each of the three-month periods ended March 31, 2025 and 2024 is included at the end of this press release. Ellomay does not undertake to separately report Dorad’s financial results in a press release in the future. Neither Ellomay nor its independent public accountants have reviewed or consulted with the Luzon Group, Ellomay Luzon Energy or Dorad with respect to the financial results included in this press release.

    About Ellomay Capital Ltd.
    Ellomay is an Israeli based company whose shares are registered with the NYSE American and with the Tel Aviv Stock Exchange under the trading symbol “ELLO”. Since 2009, Ellomay focuses its business in the renewable energy and power sectors in Europe, USA and Israel.
    To date, Ellomay has evaluated numerous opportunities and invested significant funds in the renewable, clean energy and natural resources industries in Israel, Italy, Spain, the Netherlands and Texas, USA, including:

    • Approximately 335.9 MW of operating solar power plants in Spain (including a 300 MW solar plant in owned by Talasol, which is 51% owned by the Company) and approximately 38 MW of operating solar power plants in Italy;
    • 9.375% indirect interest in Dorad Energy Ltd., which owns and operates one of Israel’s largest private power plants with production capacity of approximately 850MW, representing about 6%-8% of Israel’s total current electricity consumption;
    • Groen Gas Goor B.V., Groen Gas Oude-Tonge B.V. and Groen Gas Gelderland B.V., project companies operating anaerobic digestion plants in the Netherlands, with a green gas production capacity of approximately 3 million, 3.8 million and 9.5 million Nm3 per year, respectively;
    • 83.333% of Ellomay Pumped Storage (2014) Ltd., which is involved in a project to construct a 156 MW pumped storage hydro power plant in the Manara Cliff, Israel;
    • Solar projects in Italy with an aggregate capacity of 294 MW that have reached “ready to build” status; and
    • Solar projects in the Dallas Metropolitan area, Texas, USA with an aggregate capacity of approximately 27 MW that are placed in service and in process of connection to the grid and additional 22 MW are under construction.

    For more information about Ellomay, visit http://www.ellomay.com.

    Information Relating to Forward-Looking Statements

    This press release contains forward-looking statements that involve substantial risks and uncertainties, including statements that are based on the current expectations and assumptions of the Company’s management. All statements, other than statements of historical facts, included in this press release regarding the Company’s plans and objectives, expectations and assumptions of management are forward-looking statements.  The use of certain words, including the words “estimate,” “project,” “intend,” “expect,” “believe” and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  The Company may not actually achieve the plans, intentions or expectations disclosed in the forward-looking statements and you should not place undue reliance on the Company’s forward-looking statements. Various important factors could cause actual results or events to differ materially from those that may be expressed or implied by the Company’s forward-looking statements, including changes in electricity prices and demand, continued war and hostilities and political and economic conditions generally in Israel, regulatory changes, the decisions of the Israeli Electricity Authority, changes in demand, technical and other disruptions in the operations of the power plant operated by Dorad, competition, changes in the supply and prices of resources required for the operation of the Dorad’s facilities and in the price of oil and electricity, changes in the Israeli CPI, changes in interest rates, seasonality, failure to obtain financing for the expansion of Dorad and other risks applicable to projects under development and construction, and other risks applicable to projects under development and construction, in addition to other risks and uncertainties associated with the Company’s and Dorad’s business that are described in greater detail in the filings the Company makes from time to time with Securities and Exchange Commission, including its Annual Report on Form 20-F. The forward-looking statements are made as of this date and the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:
    Kalia Rubenbach (Weintraub)
    CFO
    Tel: +972 (3) 797-1111
    Email: hilai@ellomay.com  

     
    Dorad Energy Ltd.

    Interim Condensed Statements of Financial Position

    March 31

    March 31

    December 31

    2025

    2024

    2024

    (Unaudited)

    (Unaudited)

    (Audited)

    NIS thousands

    NIS thousands

    NIS thousands

    Current assets

    Cash and cash equivalents

    1,030,373

    399,596

    846,565

    Trade receivables and accrued income

    247,812

    181,182

    185,625

    Other receivables

    26,929

    13,850

    32,400

    Financial derivatives

    803

    –

    –

    Total current assets

    1,305,917

    594,628

    1,064,590

    Non-current assets

    Restricted deposit

    541,855

    514,770

    531,569

    Long-term Prepaid expenses

    79,666

    29,548

    79,739

    Fixed assets

    2,678,973

    3,065,103

    2,697,592

    Intangible assets

    10,215

    7,573

    9,688

    Right of use assets

    53,332

    54,544

    54,199

    Total non-current assets

    3,364,041

    3,671,538

    3,372,787

    Total assets

    4,669,958

    4,266,166

    4,437,377

    Current liabilities

    Current maturities of loans from banks

    347,509

    329,137

    321,805

    Current maturities of lease liabilities

    4,991

    4,787

    4,887

    Current tax liabilities

    24,119

    –

    14,016

    Trade payables

    297,164

    158,545

    168,637

    Other payables

    14,865

    19,897

    14,971

    Financial derivatives

    –

    1,125

    –

    Total current liabilities

    688,648

    513,491

    524,316

    Non-current liabilities

    Loans from banks

    1,756,777

    2,001,668

    1,750,457

    Other long-term liabilities

    60,872

    11,562

    60,987

    Long-term lease liabilities

    47,198

    48,007

    46,809

    Provision for dismantling and restoration

    37,212

    38,013

    38,102

    Deferred tax liabilities

    405,837

    297,691

    399,282

    Liabilities for employee benefits, net

    160

    160

    160

    Total non-current liabilities

    2,308,056

    2,397,101

    2,295,797

    Equity

    Share capital

    11

    11

    11

    Share premium

    642,199

    642,199

    642,199

    Capital reserve from activities with shareholders

    3,748

    3,748

    3,748

    Retained earnings

    1,027,296

    709,616

    971,306

    Total equity

    1,673,254

    1,355,574

    1,617,264

    Total liabilities and equity

    4,669,958

    4,266,166

    4,437,377

    Dorad Energy Ltd.

    Interim Condensed Statements of Profit or Loss

     

    		  

    For the three months ended

    Year ended
       

    March 31

    December 31
       

    2025

    		  

    2024

    		  

    2024
       

    (Unaudited)

    		  

    (Unaudited)

    		  

    (Audited)
       

    NIS thousands

    		  

    NIS thousands

    		  

    NIS thousands

    Revenues

    610,554

     610,882 

     2,863,770 

     

     

     

     

    Operating costs of the Power Plant

     

     

     
     

     

     

     

    Energy costs

    105,220

     131,084 

     574,572 

     

     

     

    Electricity purchase and
    infrastructure services

    325,315

     263,191 

     1,372,618 

    Depreciation and
    amortization

    51,418

    55,514 

    106,266 

    Other operating costs

    		  

    43,475

    		  

     42,469 

    		  

     190,027 
     

     

     

     

    Total operating costs of Power Plant

    		  

    525,428

    		  

     492,258 

    		  

     2,243,483 
     

     

     

     

     

     

     

     

    Profit from operating the Power Plant

    85,126

     118,624 

     620,287 
     

     

     

     

    General and administrative expenses

    8,186

     9,874 

     23,929 

    Other income

    		  

    –

    		  

     – 

    		  

     58 
     

     

     

     

    Operating profit

    76,940

     108,750 

     596,416 

     

     

     

     

    Financing income

    28,452

     12,879 

     184,939 

    Financing expenses

    		  

    32,743

    		  

     36,396 

    		  

     193,825 

     

     

     

     

    Financing expenses, net

    		  

    4,291

    		  

     23,517 

    		  

     8,886 

     

     

     

     

    Profit before taxes on income

    72,649

     85,233 

     587,530 

     

     

     

     

    Taxes on income

    		  

    16,659

    		  

     19,596 

    		  

     135,203 

     

     

     

     

    Net profit for the period

    		  

    55,990

    		  

     65,637 

    		  

     452,327
    Dorad Energy Ltd.
    Interim Condensed Statements of Changes in Shareholders’ Equity
          Capital reserve      
          for activities      
      Share
    		   Share     with   Retained      
      capital
    		   premium     shareholders   earnings     Total Equity
      NIS thousands
    		   NIS thousands     NIS thousands   NIS thousands     NIS thousands
    For the three months                
     ended March 31, 2025            
     (Unaudited)                
                 
    Balance as at                
     January 1, 2025 (Audited) 11   642,199     3,748   971,306     1,617,264  
                     
    Net profit for the period – 
    		    –       –    55,990     55,990  
                     
    Balance as at 
     March 31, 2025 (Unaudited)    		  11
    		    642,199      3,748   1,027,296     1,673,254  
                 
    For the three months                
     ended March 31, 2024                
     (Unaudited)            
                 
    Balance as at            
     January 1, 2024 (Audited) 11   642,199     3,748   643,979   1,289,937  
                 
    Net profit for the period –    –      –    65,637   65,637  
                 
    Balance as at            
     March 31, 2024 (Unaudited) 11   642,199     3,748   709,616   1,355,574  
                 
    For the year ended            
     December 31, 2024 (Audited)            
                 
    Balance as at            
     January 1, 2024 (Audited) 11   642,199     3,748   643,979   1,289,937  
                 
    Dividend distributed –    –      –    (125,000 ) (125,000 )
    Net profit for the year –    –      –    452,327   452,327  
                 
    Balance as at            
     December 31, 2024 (Audited) 11   642,199     3,748   971,306   1,617,264  
     
    Dorad Energy Ltd.
    Interim Condensed Statements of Cash Flows
        For the three months ended Year ended  
        March 31
    		   December 31  
        2025   2024   2024  
        (Unaudited)   (Unaudited)   (Audited)  
        NIS thousands   NIS thousands   NIS thousands  
    Cash flows from operating activities:        
    Net Profit for the period 55,990    65,637    452,327  
           
    Adjustments:      
    Depreciation and amortization      
    and fuel consumption 53,036    59,379    121,664  
    Taxes on income 16,659    19,596     135,203  
    Financing expenses, net 4,291    23,517    8,886  
      73,986    102,492    265,753  
           
    Change in trade receivables (62,187 )  30,684    26,241  
    Change in other receivables 5,471   (4,493 ) (20,951 )
    Change in trade payables 116,677   (8,906 ) (10,361 )
    Change in other payables (106 )  5,954   (3,481 )
    Change in other long-term liabilities 315   (1,381 ) (3,661 )
      60,170    21,858   (12,213 )
           
    Net cash from operating activities 190,146    189,987    705,867  
           
    Cash flows from investing activities:      
    Proceeds (used in) for settlement of financial derivatives, net 289   (1,395 )  1,548  
    Decrease in long-term restricted deposits –    17,500    17,500  
    Investment in fixed assets (34,249 ) (17,069 ) (44,132 )
    Proceeds from arbitration –    –     337,905  
    Proceeds from insurance for damages to fixed assets –    2,737    5,148  
    Investment in intangible assets (1,115 ) (412 ) (4,054 )
    Interest received 14,847    9,577    42,221  
           
    Net cash from )used in) investing activities (20,228 )  10,918    356,136  
           
    Cash flows from financing activities:      
    Repayment of lease liability –    (100 ) (4,984 )
    Repayment of loans from banks –     –    (284,570 )
    Dividends paid –    (17,500 ) (142,500 )
    Interest paid (190 ) (196 ) (129,957 )
    Proceeds from arbitration –    –     127,195  
           
    Net cash used in financing activities (190 ) (17,796 ) (434,816 )
           
    Net increase in cash and cash equivalents 169,728    183,109    627,187  
           
    Effect of exchange rate fluctuations      
    on cash and cash equivalents 14,080   (2,759 )  132  
    Cash and cash equivalents at      
    beginning of period 846,565    219,246    219,246  
    Cash and cash equivalents at end      
    of period 1,030,373   399,596    846,565   
           
    (a) Significant non-cash activity        
    Liability for gas agreements 432   –    56,208  

    The MIL Network –

  • MIL-OSI United Kingdom: TRA proposes countervailing measure on PET from India be kept

    Source: United Kingdom – Executive Government & Departments

    Press release

    TRA proposes countervailing measure on PET from India be kept

    The TRA has set out its intended recommendation in a Statement of Essential Facts for its review of countervailing measures on PET from India.

    Polyethylene Terephthalate (PET)

    The Trade Remedies Authority (TRA) has published its initial findings that a countervailing measure on imports of polyethylene terephthalate (PET) from India be maintained for a further five years. 

    The proposal, published in a Statement of Essential Facts follows an assessment that subsidised imports are likely to recur if the measure was no longer applied and that injury to UK industry would also be likely to recur. The TRA also found that maintaining the measure is in the economic interest of the UK. 

    The TRA found that while Indian imports of PET during the investigation period were low (just 24 tonnes in 2023), the subsidy programmes identified in the original EU measure still exist and are likely to continue. The investigation also concluded that UK industry remains vulnerable to injury, with falling sales, reduced production capacity, and evidence of underutilisation among domestic producers. 

    The intended recommendation is to maintain existing countervailing duty rates, ranging from 0% to 13.8%, until August 2029. 

    Interested parties now have until 13 June 2025 to comment on the SEF. Responses will be considered before the TRA makes its final recommendation to the Secretary of State for Business and Trade. 

    The SEF and public file for this case can be accessed here

    Notes to editors:

    • The Trade Remedies Authority (TRA) is the UK body that investigates whether trade remedy measures are needed to counter unfair trading practices and unforeseen surges in imports. 

    • The TRA is an arm’s length body of the Department for Business and Trade. 

    • The period of investigation for this transition review was 1 January 2023 – 31 December 2023. The injury period was 1 January 2020 – 31 December 2023. 

    • This review forms part of the UK’s ongoing assessment of trade remedy measures transitioned from the European Union. 

    • Polyethylene Terephthalate (PET) is a type of plastic commonly used in food and beverage packaging, including bottles and containers. 

    • Countervailing (anti-subsidy) duties are one of three trade remedy tools used to address goods that are being unfairly subsidised by overseas governments and causing injury to UK industry.

    Updates to this page

    Published 30 May 2025

    MIL OSI United Kingdom –