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  • MIL-OSI Russia: Vladimir Spivakov held an open rehearsal as part of the project “Lesson with a Star”

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    The second season of the Lesson with a Star project has begun, in which outstanding artists conduct master classes, sharing their experience with students of Moscow art schools and students of creative colleges. The famous violinist and conductor, People’s Artist of the USSR, full Cavalier of the Order “For Merit to the Fatherland”, President of the Moscow International House of Music (MIHM) Vladimir Spivakov held an open rehearsal together with the State Chamber Orchestra “Moscow Virtuosi” that he heads. The lesson was held in the chamber hall of the MIHM.

    “The project, which began in 2024, has received a lively response from both students and teachers of children’s art schools and students of creative colleges, as well as representatives of culture and art – famous and experienced artists, artists, musicians. Thanks to “Lesson with a Star”, students of children’s art schools and students of specialized colleges last season were able to learn first-hand about all the intricacies of the profession. This year, we plan to develop new formats, including off-site classes for children in workshops, concert halls, theaters and studios where our mentors work,” said the Minister of the Moscow Government, head of the capital’s Department of Culture

    Alexey Fursin.

    More than 150 people attended the master class — talented children, teachers and parents. They were able to see the entire process of preparation for the upcoming concert. The young listeners were keenly interested in the fact that the soloist who participated in the rehearsal, 13-year-old pianist from Switzerland Lukas Schiesch, was their peer. The maestro’s comments on the intricacies of performing Wolfgang Amadeus Mozart’s Piano Concerto No. 12, addressed to the soloist, were understandable to the young participants of the master class and were perceived as useful advice from the legendary musician, which can help in the daily learning process.

    “I am glad that such a meeting took place. In order for a person to become an individual in any field, and especially in music and art, great examples are needed. And such examples are received by the children with whom we work. I think that today’s meeting, which was so warm, will be remembered by them for a long time,” Vladimir Spivakov admitted after the rehearsal.

    In the second season of the project, famous musicians, artists, and sculptors prepared open lessons for students of Moscow art schools. Meetings with artists Konstantin Petrov and Nikas Safronov will take place in February.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is account to What the Source Is Stating and Does Not Reflect the Position of Mil-Sosi or Its Clients.

    https: //vv.mos.ru/nevs/ite/149701073/

    MIL OSI Russia News –

  • MIL-OSI Russia: Production complex to be built in Lublin with city support

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    As part of the implementation of a large-scale investment project (MaIP), construction of an industrial complex has begun in the Lyublino district of the South-Eastern Administrative District. This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “The industrial park will appear in the largest industrial cluster of the city, which is distinguished by its developed infrastructure and convenient transport logistics. In the production complex with a total area of more than 13 thousand square meters, enterprises of the electronic, pulp and paper, construction and light industries will be able to operate. Private investments in the implementation of this large-scale investment project will exceed one billion rubles,” Vladimir Efimov noted.

    Large-scale investment projects are one of the key measures to support industry in the capital.

    “Moscow is a city that rationally places manufacturing enterprises. On behalf of Sergei Sobyanin, we are providing investors with land on special terms for the construction of modern industrial infrastructure in exchange for localizing production and creating new jobs. For example, 260 people will be able to work in the manufacturing complex in the Lyublino district,” said the Deputy Mayor of Moscow for Transport and Industry

    Maxim Liksutov.

    The facility will be located at the address: Stavropolskaya Street, Buildings 37–41. The largest wholesale and retail trading platforms working with customers from all over Russia are located in the immediate vicinity.

    According to the Minister of the Moscow Government, Head of the Department of City Property Maxim Gaman, for the implementation of this large-scale investment project, the city provided the development company with 0.9 hectares of land at a preferential rate of one ruble per year. The complex includes 23 production boxes, the size of which can be adjusted – combined both horizontally and vertically. The territory will also accommodate a parking lot for 44 cars.

    The status of MAIP can be obtained by investors who plan to build important facilities for the city. These can be technology parks, sports, educational and multifunctional complexes. For the construction of production facilities, by decision of the Mayor of Moscow, special conditions have been in effect since March 2022 – preferential land lease at a rate of one ruble per year. This is one of the key measures to support the capital’s business.

    On the instructions of Sergei Sobyanin, the city is paying special attention to the quality of industrial infrastructure facilities.

    Chairman of the Committee for State Construction Supervision (Mosgosstroynadzor) of the city of Moscow Anton Slobodchikov emphasized that the construction of the production complex, consisting of two- and four-story blocks, will be supervised by the department at all stages. The developer has already sent a notice to Mosgosstroynadzor about the start of work on the site, and inspectors have drawn up a program of on-site inspections. As part of the supervisory activities, the structures and materials used will be assessed for compliance with the approved design solutions.

    Previously Mayor of Moscow told, that since 2022 the city has provided entrepreneurs with about 700 hectares of land without bidding for the implementation of large-scale investment projects.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/149704073/

    MIL OSI Russia News –

  • MIL-OSI Russia: Free buses made over three thousand trips to the Moskino cinema park

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Free shuttle buses to the Moskino cinema park have already made more than three thousand trips, the Deputy Mayor of Moscow for Transport and Industry reported Maxim Liksutov.

    “In early autumn 2024, Vladimir Putin and Sergei Sobyanin opened

    first of all “Moskino” cinema park in the Krasnopakhorsky district of the capital. For the convenience of visitors, in December we launched free shuttle routes to the cinema park. During this time, 12 modern buses have already made more than three thousand trips. Transport runs on the days the cinema park is open and departs from the final points every 25 minutes,” said Maxim Liksutov.

    Two free routes start from the nearest metro stations: MK1 from Teply Stan and MK2 from Salaryevo. They are served by 12 modern large-class buses. The schedule was compiled taking into account the operating hours of the cinema park.

    “In six months, the Moskino Cinema Park has become not only an interesting filming location, but also a popular cultural and recreational spot for Muscovites and guests of the capital. The launch of shuttles jointly with the Department of Transport and Development of Road Transport Infrastructure has largely helped us solve the problem of transport accessibility of the cinema park. Now visiting the new site has become not only interesting, but also comfortable,” said the Minister of the Moscow Government, head of the capital’s Department of Culture

    Alexey Fursin.

    There are also buses to the cinema park. express routes, effective from summer 2024. You can check the schedule atunified transport portal, and quickly learn about current changes – intelegram channel.

    In accordance with the objectives of the national project “Infrastructure for life” In Moscow, much attention is paid to the modernization of social and municipal infrastructure, including increasing the number of convenient public transport routes and updating rolling stock. In addition, within the framework of the national project, Moscow has begun developing the Central Transport Hub. It will become a single circuit with predictable suburban rail transport for more than 30 million residents of 11 regions of Russia.

    The Moskino Cinema Park is part of Sergei Sobyanin’s Moscow — City of Cinema project and an object of the Moscow film cluster. The first stage of development has already been completed: 18 natural sites, four pavilions and six infrastructure facilities have been built, including the sets of Moscow Center, Moscow of the 1940s, Vitebsk Station, Yurovo Airport, Moscow Cathedral Square, Deaf Village, Partisan Village, County Town, Cowboy Town, St. Petersburg Bar and other sites.

    The Moscow Film Cluster is an infrastructure facility, services and facilities for filmmakers, which are being developed by the Moscow Government within the framework of the Moscow — City of Cinema project. Its structure includes the Moskino film park, the Gorky Film Studio (sites on Sergei Eisenstein Street and Valdaisky Proyezd), the Moskino film factory, the Moskino cinema chain, the film commission and the Moskino film platform.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/149721073/

    MIL OSI Russia News –

  • MIL-OSI Russia: DIT of Moscow: you can now pay for travel on the M-12 highway and the Central Ring Road on the mos.ru portal

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    In the capital, car owners can now pay for travel on toll sections of the M-12 “Vostok” highway (Moscow – Kazan) and the Central Ring Road (TsKAD) in the “My Payments” service on the mos.ru portal. In the capital Department of Information Technology told how to use it and save time when searching and paying travel bills.

    “We continue to expand the functionality of the My Payments service so that city residents can solve even more everyday tasks online on mos.ru. In 2023, portal users were able to pay for travel on Bagration Avenue and the Moscow High-Speed Diameter (MSD), as well as top up their transponder account in their familiar interface. Now you can also pay for travel on the M-12 Vostok and Central Ring Road highways on mos.ru. This is especially convenient for those who often use the My Payments service to pay for other city services,” said Vladimir Novikov, Director of the Department for Support of Citywide Payment Systems of the Moscow Department of Information Technology.

    How to find and pay a toll road bill on mos.ru

    In order to pay for travel on the M-12 Vostok highway, the Central Ring Road and Bagration Avenue, you don’t have to look for the bill: on the day of the trip, it will automatically appear in the My Payments service if the user has indicated the vehicle registration number in their personal account on the mos.ru portal. In addition, you can find the bill using the Vehicle Registration Certificate widget. In the window that opens, you must indicate the state registration number of the vehicle, as well as the series and number of the vehicle registration certificate (STS). After that, the user will see all unpaid bills. Information about the vehicle can be saved in the profile so that you don’t have to enter it again in the future. In addition, it is suggested set up a subscription to receive notifications about new accounts. To do this, in your personal account on mos.ru, select the “Profile” section and go to the “Subscription settings” tab. In the required categories, check the convenient form for receiving notifications – by email or via push notifications.

    You can also pay your bills for travel on the Moscow High-Speed Diameter in the My Payments service. More information about travel on the Moscow High-Speed Diameter — on the websiteYou can also pay for travel through mobile applications “Parkings of Russia”, “Main Road” and on the website “Avtodor – toll roads”.

    How to top up your transponder account for automatic fare payment

    On mos.ru in the service “My payments” you can top up your personal account of the transponder. This is a small electronic device that is placed on the windshield of the car and allows you to write off funds for travel on toll sections of roads automatically.

    The transponder account number is automatically displayed in the My Payments service if the user has specified the same phone number in their profile on the mos.ru portal and in the contract with the toll road operator. If the numbers do not match, you can add the transponder yourself. To do this, in the Documents and Data section, go to the Transport tab, click Add Transponder and fill out the form. The service will automatically generate a payment template, which will be displayed along with the personal account balance in the corresponding section.

    Thanks to this, you will not need to enter the transponder data and other information manually each time, just click the “Top up” button. If several transponders from different operators are used, the service will create a template for each of them, where the balance and recommended amount for topping up will be displayed.

    Drivers can now top up the transponders of two toll road operators on mos.ru — JSC New Quality Roads and LLC United Toll Collection Systems. They allow paying for travel on any Russian toll roads and road sections. You can find out more about all the options for paying bills for travel on toll roads in the My Payments service in the instructions.

    In addition, in the My Payments service on mos.ru, the Moscow State Services and My Moscow applications, car owners can pay fines and bills for the towing of vehicles. They are automatically displayed in the Bills for Payment section if the driver’s license and STS data are specified in the personal account. You can also find the required bill using the Vehicle Certificate widget in the My Payments service.

    The My Payments service on the mos.ru portal and in the Moscow State Services and My Moscow mobile applications is one of the most popular ways to pay bills for services among residents, legal entities and entrepreneurs of the capital. It allows you to pay for about nine thousand different state and commercial city services. Over the seven years of operation, Muscovites paid with its help over 107 million accounts. More information about all the possibilities of the service “My payments” can be found in the instructions.

    The creation, development and operation of the e-government infrastructure, including the provision of mass socially significant services, as well as other services in electronic form, corresponds to the objectives of the national project “Data Economy and Digital Transformation of the State” and the regional project of the city of Moscow “Digital Public Administration”.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is account to What the Source Is Stating and Does Not Reflect the Position of Mil-Sosi or Its Clients.

    https: //vv.mos.ru/nevs/ite/149638073/

    MIL OSI Russia News –

  • MIL-OSI New Zealand: Gaza – PSNA says government must oppose Trump ethnic cleansing of Gaza

    Source: Palestine Solidarity Network Aotearoa (PSNA)

     

    The Palestinian Solidarity Network Aotearoa says Palestinians in Gaza should be allowed to return to their original homes in Israel – instead of being permanently forced out of Gaza to Jordan and Egypt under US President Trump’s expulsion plan.

     

    PSNA Chair John Minto says the Trump plan, which has just been agreed with Israeli Prime Minister Netanyahu in Washington, is rewarding Israel for its genocidal destruction of Gaza.

     

    “The whole Israel plan was to make Gaza unleavable by bombing it to smithereens over the past year. Israel has failed to drive the Palestinians out, and so now Israel has passed the depopulation job for two million people, onto the United States.”

     

    “But 80 percent of them are already refugees from Israeli ethnic cleansing in 1948. Under International Law they are entitled to head the other way – back to their real homes in Jerusalem, Haifa, Ashkelon and other towns and cities in what is now Israel.”

     

    “Every year the General Assembly of the United Nations votes to demand Israel allow the families of the Palestinians forced out of Palestine in 1948 to return to their homes and be paid compensation.”

    “New Zealand votes for this resolution.  Our nation’s official policy for years has been to affirm the right of Palestinians to return to their original homes in Palestine.”

     

    Minto says this view is a long-standing world consensus.

     

    “I’ve just seen a statement by former Saudi Arabian diplomat Prince Turki al Faisal.  He is saying exactly the same thing.  Most Palestinians are only in Gaza because of western complicity in allowing Israel to drive them there. They must be allowed to go back.”

     

    “Our Foreign Minister should immediately stand by government policy and clearly and publicly tell Donald Trump that his Palestinian expulsion plan is not a humanitarian gesture, but a cynical war crime designed to do more dirty work for Israel and more than likely set up a resort development opportunity for his son-in-law Jared Kushner.”

     

    John Minto

    National Chair 

    Palestine Solidarity Network Aotearoa

    MIL OSI New Zealand News –

  • MIL-OSI: Crédit Agricole Assurances : Record activity driven by all our business lines – Strong growth of result

    Source: GlobeNewswire (MIL-OSI)

    Press release                                                                         Paris, February 5, 2025

    Record activity driven by all our business lines
    Strong growth of result

    2024 KEY FIGURES:

    • Premium income1at a record high of 43.6 billion euros, up +17.2%2
    • Net inflows of +6.6 billion euros, including +2.2 billion euros on the General Account
    • Net income Group share of 1,959 million euros3, up +11,5%2
    • Solvency II prudential ratio above 200%

            
    « In 2024, in a context of increased protection needs in the face of uncertainties in our environment, Crédit Agricole Assurances enjoyed very buoyant activity in all our business lines, in France and internationally. This development momentum, which is fully reflected in our published results and in the increase in our satisfaction and recommendation rates, demonstrates that we are fully focused on the delivery of our missions: planning and repairing. Finally, as a witness of the vulnerabilities of the regions and a partner in their transformation, we have continued our societal commitment, like the recent launch of a new debt fund, intended to finance French and European companies deploying projects contributing to a less carbon-intensive economy. I would like to thank all our colleagues and partner banks for their commitment, as well as our clients for their continued trust ».

    Nicolas Denis, Chief Executive Officer of Crédit Agricole Assurances

    ACTING IN THE INTERESTS OF OUR CLIENTS AND SOCIETY

    Customer satisfaction at the heart of our purpose

    Customer satisfaction rates of 97% in savings/retirement4 and 91% in property and casualty insurance5 testify from Crédit Agricole Assurances’ quality of the customer relationship, the management of contracts, benefits and claims, which are a priority.

    In 2024, Crédit Agricole Assurances further redesigned its digital customer journeys. For example, customers can now make voluntary payments on their savings contracts autonomously using Ma Banque mobile app6; in property and casualty insurance, home, car and health insurance solutions are now fully available in self-care on the Ma Banque6 and LCL Mes Comptes apps.

    A strong commitment to environmental responsibility

    As a committed player in the circular economy, Crédit Agricole Assurances launched in June 2024, via Pacifica, its property and casualty insurance subsidiary in France, a new home insurance offer, accessible to all, focussing on the repair or refurbished household appliances and IT after a claim. This new offer can be underwritten autonomously via the online customer page, the banking application or directly at Crédit Agricole Group branches.

    Crédit Agricole Assurances, as a player mobilised to finance the ecological transition, created in June 2024 via its subsidiary Spirica, the “Fonds Euro Objectif Climat”. As the first General Account fund under Article 9 of the SFDR regulation in the market, this innovation is in line with Crédit Agricole Assurances’ societal and environmental commitment and meets the concerns of its customers.

    In addition, by strengthening its targets for reducing the carbon footprint7 of investment portfolios8 by the end of 2029 (-50% compared to the end of 2019), and by putting in place a new sector policy on the oil and gas sector, Crédit Agricole Assurances, a leading institutional investor in renewable energies, reaffirms its active contribution to the transition to a low-carbon economy. In this context, in September 2024, Crédit Agricole Assurances signed a lease before completion for a 20,000 m² office building in Paris with EssilorLuxottica, a world leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses. This service sector property complex, which will be delivered at the end of 2027, will aim for the highest environmental certifications on the market; HQE level Excellent, BREEAM level Excellent, Ready to Osmoz, BBCA (Low Carbon Renovation), BBC (Low-Consumption Building) and WiredScore level Gold.

    EXCELLENT PERFORMANCE CONFIRMING OUR POSITION AS A LEADING PLAYER

    Over the full year 2024, Crédit Agricole Assurances generated premium income1 of €43.6 billion, at the highest level in history, up +17.2%2 compared to the end of December 2023. The level of activity is high both in France (+13.1%) and internationally (+44.0%2), in all business lines, mainly in savings and retirement thanks to the success of commercial campaigns in France (+15.9%) and the reshaping of international product offering (+54.3%).

    In savings and retirement, premium income1 reached €32.1 billion at end-December 2024, up +21.5% year-on-year, fuelled by the keen interest on payment bonus campaigns on the General Account and digital journeys in France, as well as the recovery of international activity. Combined with the acquisition of a significant group retirement contract, these factors contributed to a high level of gross inflows9 on the General Account, at €20.7 billion (+44.6%). Unit-linked gross inflows9 totalled €11.4 billion, down -6.2% year-on-year, following less favourable market conditions, notably a lower attractiveness of unit-linked bond products. As a result, the share of unit-linked within gross inflows9 fell to 35.5% (-10.4 points year-on-year).

    Net inflows9 amounted to +€6.6 billion, up +€6.9 billion over one year. By product, net inflows amounted to +€4.4 billion on unit-linked and +€2.2 billion on the General Account, back in positive territory for the last three quarters (+€8.6 billion over one year on the General Account).

    Life insurance outstandings10 reached €347.3 billion at the end of December 2024, up +5.1% over one year, thanks to a positive market effect and net inflows. Unit-linked outstandings amounted to €104.1 billion (+9.1% since January 1, 2024). General Account outstandings have risen by +3.5% since January 1, 2024 to reach a total of €243.2 billion. Unit-linked represented 30.0% of total life insurance outstandings at the end of December 2024 (+1.1 points year-on-year).

    In a dynamic competitive environment, Crédit Agricole Assurances pursues its objective of supporting its customers in building up their wealth by offering attractive returns on their savings. Accordingly, Crédit Agricole Assurances, through its subsidiary Predica, offers a stable General Account profit-sharing rate life insurance contracts, which can reach up to 3.85%. This is made possible in particular by the mobilisation of the policyholder participation reserve (PPE), which amounted to €7.5 billion at the end of 2024, representing 3.3%11 of General Account outstandings.

    In property and casualty12, the business continued its momentum, with gross written premiums1 up +8.2% compared to the end of December 2023, reaching €6.2 billion thanks to gains in market share in value and volume. By including CATU, a Polish non-life insurance subsidiary, the portfolio grew by +5.3% to nearly 16.7 million contracts, representing a net addition of more than 563,000 policies over the year; in addition to the price increases induced by climate change and inflation of repair costs, the average premium is boosted by changes in the product mix.

    Equipment rates within the Crédit Agricole Group’s banking networks kept growing year-on-year, at the Regional Banks (43.9%13, up +0,8 point), LCL (27.9%13, up +0.4 point) and CA Italia (20.0%14, up +1.2 points).

    In personal protection (death and disability/creditor/group insurance15), gross written premiums1 were up +4.6% compared to the end of December 2023, at €5.3 billion, mainly thanks to group insurance (+21.8%) and individual death and disability (+6.6%).
    One of the successes of 2024 in group insurance is the signing of an agreement with the Industries Electriques et Gazières (IEG) to insure and manage supplementary health coverage for statutory employees, as of July 1, 2025. This new scheme covers a total of 310,000 beneficiaries for €70 million in annual premiums.

    EARNINGS GROWTH DRIVEN BY BUSINESS GROWTH

    Crédit Agricole Assurances’ net income Group share amounted to €1,959 million, up +11.5%2 year-on-year, reflecting in particular a very good performance in property and casualty, a good increase in life insurance outstandings10 and dynamic activity in the other business lines.

    The combined ratio16 stood at 94.4%, an improvement of -2.7 points year-on-year due to (i) relatively favourable claims in 2024, whereas 2023 was marked by significant climate claims in the last quarter, (ii) partly mitigated by a lesser impact of the discounting effect (+1.6 points). The all years discounted claims ratio net of reinsurance amounted to 70.2%, down -2.2 points year-on-year. It included 1.1% of natural catastrophes17, down -0,5 point compared to 2023.
    The net combined ratio excluding discounting stood at 96.4%, down -4.3 points over the year.

    The Contractual Service Margin18 amounted to €25.2 billion at the end of December 2024, up +5.8% year-on-year. It includes a stock revaluation effect – excluding new business – of +€1.1 billion, notably in relation to technical assumptions review. The contribution from new business of +€2.4 billion, driven by revenue growth, was higher than the release to P&L (-€2.1 billion).
    The contractual service margin allocation factor stood at 7.7%19 for 2024.

    SOLVENCY

    At the end of December 2024, Crédit Agricole Assurances once again demonstrated its strength, with a Solvency II prudential ratio above 200%.

    RATINGS

    Rating agency Date of last review Main operating subsidiaries Crédit Agricole Assurances Outlook Subordinated debt
    S&P Global Ratings October 3, 2024 A+ A Stable BBB+

    KEY EVENTS SINCE THE LAST PUBLICATION

    About Crédit Agricole Assurances
    Crédit Agricole Assurances, France’s leading insurer, is Crédit Agricole group’s subsidiary, which brings together all the insurance businesses of Crédit Agricole S.A. Crédit Agricole Assurances offers a range of products and services in savings, retirement, health, personal protection and property insurance. They are distributed by Crédit Agricole’s banks in France and in 9 countries worldwide, and are aimed at individual, professional, agricultural and business customers. At the end of 2024, Crédit Agricole Assurances had more than 6,700 employees. Its 2024 premium income (non-GAAP) amounted to 43.6 billion euros.
    www.ca-assurances.com

    Press contacts

    Nicolas Leviaux +33 (0)1 57 72 09 50 / +33 (0)6 19 60 48 53

    Julien Badé +33 (0)1 57 72 93 40 / +33 (0)7 85 18 68 05

    service.presse@ca-assurances.fr

    		 Investor relations contacts

    Yael Beer-Gabel +33 (0)1 57 72 66 84

    Gaël Hoyer +33 (0)1 57 72 62 22

    Sophie Santourian +33 (0)1 57 72 43 42

    Cécile Roy +33 (0)1 57 72 61 86

    relations.investisseurs@ca-assurances.fr

    Appendix – Activity analysis by geographic area

    Geographic area 2024 revenues1
    In billion euros    		 2023 revenues1
    In billion euros    		 Change over 1 year
    At constant scope
    France 36.6 32.4 +13.1%
    Italy 4.8 3.6 +32.2%
    Rest of the world 2.2 1.3 +75.6%

    1 Non-GAAP revenues
    2 Excluding the 1stconsolidation of CATU (Crédit Agricole Towaraystow Ubezpieczeń, property and casualty insurance subsidiary in Poland) on 30 June 2024 with retroactive effect from 1 January 2024, changes are: +17.1% for total premium income, +43.6% for international premium income and +11.5% for the net income Group share
    3 The contribution to the net income Group share of Crédit Agricole S.A. amounted to €1,884 million. The difference with Crédit Agricole Assurances’ net income Group share was mainly due to consolidation restatements, including subordinated (RT1) debt coupons for €45 million.
    4 Survey conducted among 3,896 individual customers, holders of life insurance or individual retirement savings plans, of the 39 Regional Banks and LCL from February to November 2024, following a recent event on their contract. Result: 97% of satisfied customers of which 23% extremely satisfied.
    5 Survey conducted among 4,506 Pacifica individual customers who had a property and casualty claim between 1 October 2023 and 30 September 2024
    6 Banking application of the Crédit Agricole Regional Banks
    7 In tonnes of CO2equivalent per million euros invested
    8 Investment portfolios listed in equities and corporate and real estate bonds held directly
    9 In local GAAP
    10 Savings, retirement, death and disability (funeral)
    11 France life scope
    12 At constant scope: +7.8% growth in non-life gross written premiums, +3,2% increase in the portfolio, net addition of more than 509,000 policies; at end-December 2024, CATU’s portfolio comprised more than 335,000 policies, including net addition of more than 54,000 policies over the year
    13 Percentage of Regional banks and LCL customers with at least one motor, home, health, legal, mobile/portable or personal accident insurance policy marketed by Pacifica, French Crédit Agricole Assurances’ non-life insurance subsidiary
    14 Percentage of CA Italia network customers with at least one policy marketed by CA Assicurazioni, Italian Crédit Agricole Assurances’ non-life insurance subsidiary
    15 Excluding savings/retirement
    16 P&C combined ratio in France (Pacifica) including discounting and excluding undiscounting, net of reinsurance: (claims + operating expenses + commissions) to gross earned premiums
    17 Impact of undiscounted Cat Nat claims in France (Pacifica), all years, net of reinsurance, as a percentage of gross earned premiums
    18 CSM or Contractual Service Margin: corresponds to the expected profits by the insurer on the insurance activity, over the duration of the contract, for profitable contracts, for Savings, Retirement, Death and Disability and Creditor products
    19 Annualised CSM allocation factor = CSM release to P&L / (opening CSM stock + revaluation of stock + new business)

    Attachment

    The MIL Network –

  • MIL-Evening Report: Trump wants the US to ‘take over’ Gaza and relocate the people. Is this legal?

    Source: The Conversation (Au and NZ) – By Tamer Morris, Senior lecturer, international law, University of Sydney

    In an astonishing news conference in Washington, US President Donald Trump proposed the United States “take over” the Gaza Strip and permanently relocate the nearly two million Palestinians living there to neighbouring countries.

    Trump has previously called on Egypt and Jordan to resettle Palestinians from Gaza, which both countries firmly rejected.

    His new comments – and the possibility of a US takeover of a sovereign territory – were immediately met with criticism and questions about the legality of such a move.

    When asked what authority would allow the US to do this, Trump did not have an answer. He only noted it would be a “long-term ownership position”. He also did not rule out using US troops.

    So, what does international law say about this idea?

    Can the US take over a sovereign territory?

    The quick answer is no – Trump can’t just take over someone else’s territory.

    Since the end of the second world war in 1945, the use of force has been prohibited in international law. This is one of the foundations of international law since the creation of the United Nations.

    The US could only take control of Gaza with the consent of the sovereign authority of the territory. Israel can’t cede Gaza to the US. The International Court of Justice has ruled that Gaza is an occupied territory – and that this occupation is illegal under international law.

    So, for this to happen legally, Trump would require the consent of Palestine and the Palestinian people to take control of Gaza.

    And what about removing a population?

    One of the biggest obligations of an occupying power comes under Article 49 of the Geneva Conventions. This prohibits an occupying power from forcibly transferring or removing people from a territory.

    All other states also have an obligation not to assist an occupying power in violating international humanitarian law. So that means if the US wanted to move the population of Gaza by force, Israel could not assist in this action. And likewise, the US cannot assist Israel in violating the rules.

    Occupying powers are allowed to remove a population for the reason of safety.

    Trump and his Middle East envoy who visited Gaza last week have repeatedly referenced how dangerous it is. Trump questioned how people could “want to stay” there, saying they have “no alternative” but to leave.

    However, removing people for this reason has to only be temporary. Once it’s fine for someone to return, they must be returned.

    What if people voluntarily leave?

    Transferring a population has to be consensual. But in this specific case, it would mean the consent of all Palestinians in Gaza. The US could not force anyone to move who does not want to.

    Further to this, a government, such as the Palestinian Authority, cannot give this consent on behalf of a people. People have a right to self-determination – the right to determine their own future.

    A perfect example is migration – if a person migrates from one state to another, that is their right. It’s not displacement. But forcefully displacing them is not permitted.

    And using what sounds like a threat would arguably not be consensual, either. This could be saying, for instance, “If you stay, you’ll die because there’s only going to be more war. But if you leave, there’s peace.” This is the threat of force.

    Would forcing people to leave be ethnic cleansing?

    Ethnic cleansing has not been defined in any treaty or convention.

    However, most international law experts rely on the definition in the Commission of Experts report on the former state of Yugoslavia to the UN Security Council in 1994. It defined ethnic cleansing as:

    rendering an area ethnically homogeneous by using force or intimidation to remove persons of given groups from the area.

    So, under that definition, what is being suggested by Trump could be classified as ethnic cleansing – removing the Palestinian people from a certain geographical area through force or intimidation.

    What can be done if Trump follows through?

    If Trump follows through with this plan, it would be a violation of what is known as jus cogens, or the paramount, foundational rules that underpin international law.

    And international law dictates that no country is allowed to cooperate with another in violating these rules and all countries must try to stop or prevent any potential violations. This could include placing sanctions on a country or not providing support to that country, for example, by selling it weapons.

    A perfect example of this is when Russia illegally annexed Crimea in 2014, very few countries recognised the move. Russia’s full-scale invasion of Ukraine in 2022 was then followed by sanctions and the freezing of Russian assets, among other actions.

    If Trump pursued this course of action, he too could be personally liable under international criminal law if he’s the one instigating the forcible transfer of a population.

    The International Criminal Court has already issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu, the former Israeli defence minister and a Hamas commander in relation to the conflict.

    The risk of this kind of language

    One of the dangers of this kind of rhetoric is the potential to dehumanise the enemy, or the other side.

    Trump does this through statements such as, “You look over the decades, it’s all death in Gaza”, and resettling people in “nice homes where they can be happy” instead of being “knifed to death”. This language implies the situation in Gaza is due to the “uncivilised” nature of the population.

    The risk at the moment, even if Trump doesn’t do what he says, is that the mere vocalisation of his proposal is dehumanising to the Palestinian people. And this, in turn, could lead to more violations of the rules of war and international humanitarian law.

    The nonchalant way Trump is discussing things such as taking over a territory and moving a population gives the impression these rules can easily be broken, even if he doesn’t break them himself.

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

    – ref. Trump wants the US to ‘take over’ Gaza and relocate the people. Is this legal? – https://theconversation.com/trump-wants-the-us-to-take-over-gaza-and-relocate-the-people-is-this-legal-249143

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI China: Announcement on Open Market Operations No.21 [2025]

    Source: Peoples Bank of China

    Announcement on Open Market Operations No.21 [2025]

    (Open Market Operations Office, February 5, 2025)

    In order to offset the impact of factors such as the concentrated maturity of reverse repo operations, thereby keeping liquidity adequate in the banking system, the People’s Bank of China conducted reverse repo operations in the amount of RMB697 billion through quantity bidding at a fixed interest rate on February 5, 2025.

    Details of the Reverse Repo Operations

    Maturity

    Volume

    Rate

    7 days

    RMB697 billion

    1.50%

    Date of last update Nov. 29 2018

    2025年02月05日

    MIL OSI China News –

  • MIL-OSI China: ‘Ne Zha’ sequel sets box office record for Chinese animation

    Source: China State Council Information Office 3

    A poster for “Ne Zha 2.” [Image courtesy of Coloroom Pictures]

    Fantasy feature “Ne Zha 2” has become the top-grossing domestic animated feature of all time in a milestone for Chinese cinema.

    As of Wednesday, “Ne Zha 2,” has earned over 5.05 billion yuan (about 705 million U.S. dollars) since it premiered just eight days ago on Jan. 29, according to data from ticketing app Beacon.

    It is remarkable that the previous high was set by the same film series, with the first “Ne Zha” installation raking in nearly 5.04 billion yuan in 2019.

    As ticket sales continue to climb, the sequel could reach a total box office revenue of 6 billion yuan, which would be a record for Chinese film, Beacon projects.

    The franchise takes its name from a mythological character in the Ming Dynasty (1368-1644) novel “Fengshen Yanyi,” or “The Investiture of the Gods.” This character, Ne Zha, is also depicted as a demon-slaying hero in the 16th-century Chinese classic “Journey to the West.”

    While rooted in Chinese mythology, “Ne Zha 2” — directed by Yang Yu, who goes by the nickname Jiaozi — takes bold creative strides by focusing on Ne Zha’s struggles and growth.

    The film reimagines classic elements of Chinese mythology, preserving cultural authenticity while offering fresh interpretations with themes such as personal identity, self-fulfillment, family and friendship, which resonate widely with audiences and evoke a strong sense of empathy.

    “As I was watching, I burst out in both laughter and tears. It’s hilarious at the beginning, but deeply touching when the mother and son are separated,” said Zhang Bohan, a film enthusiast from Beijing, commenting on “Ne Zha 2.”

    The visuals of “Ne Zha 2” surpass the film’s predecessor, with over 1,900 special effects shots offering an even more immersive cinematic experience. Ne Zha’s costumes, Taiyi Zhenren’s magical artifacts, the architecture of the underwater Dragon Palace, and the scene design of Kunlun Wonderland — every detail of the film highlights the unique charm of traditional Chinese culture.

    Impressing audiences with its stunning visuals and engaging storyline, “Ne Zha 2” is rated above 95 percent of animations on Douban, a popular Chinese film review platform.

    The film’s domestic box office success has further fueled expectations for its overseas performance, thanks to its fusion of traditional Chinese culture, cutting-edge special effects and modern values.

    According to its overseas release schedule, “Ne Zha 2” will be screened in countries such as the United States, Canada, Australia, New Zealand, South Africa, Egypt, Singapore, Japan and the Republic of Korea.

    Gou Qiangshi, an associate professor at Chengdu University’s College of Chinese & ASEAN Arts, has noted that Chinese literary classics are a major source of inspiration for domestic animated films. The key to bringing new life to these classics is their creative adaptation to align with contemporary narrative arts.

    In recent years, domestic animated films that celebrate traditional Chinese culture have received increased attention, entering a period of rapid development. Films like “Chang’an,” “White Snake” and “Ne Zha” have sparked widespread interest, leading a fresh wave of cinema trends. 

    MIL OSI China News –

  • MIL-OSI China: Chinese post growing interest in ice, snow fun as life gets better: experts

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

    BEIJING, Feb. 5 — Ice and snow have become an essential element in the Chinese people’s quest for a more fulfilling life, driven by a booming winter tourism sector, experts noted during a recent economic roundtable.

    The growth of ice and snow tourism has transformed how Chinese people perceive and experience winter, according to Dai Bin, president of the China Tourism Academy, who shared his views during the latest episode of the China Economic Roundtable, an all-media talk show hosted by Xinhua News Agency.

    In the past, particularly in northeast China, where bitter winter temperatures are the norm, people tended to stay indoors during the cold months. However, a noticeable shift is occurring as more people now embrace outdoor activities during winter. Many people are flocking to Harbin, the capital of China’s northernmost province of Heilongjiang, which is renowned for its abundant snowfall and stunning ice sculptures, to immerse themselves in the icy atmosphere.

    Research by the tourism academy projects that over 500 million people will participate in ice and snow tourism during the peak season in 2024-2025, driving consumption by more than 600 billion yuan (about 83.7 billion U.S. dollars), said Dai.

    The passion for ice and snow sports has also ignited, noted Ai Yu, an official with the General Administration of Sport of China. The scope of people participating in winter sports has extended beyond traditional northern regions; additionally, winter sports have now shifted from winter-only activities to year-round offerings that are accessible both indoors and outdoors, Ai highlighted.

    Regions with rare snowfall are also capitalizing on the trend, as winter wonderlands created by artificial snow are popping up in southern China to meet growing demand, Dai added.

    China aims to boost its ice and snow economy as a new growth sector, targeting an economic scale of 1.2 trillion yuan by 2027 and 1.5 trillion yuan by 2030, according to guidelines issued by the General Office of the State Council in November 2024.

    The annual Central Economic Work Conference, held in December last year, also called for active efforts to develop the country’s ice and snow economy.

    MIL OSI China News –

  • MIL-OSI China: Xi Jinping and his four-decade bond with Iowan friends

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

    BEIJING, Feb. 5 — China and the United States, sharing extensive common interests and broad space for cooperation, can become partners and friends.

    This goodwill message, along with Chinese New Year greetings, was sent by Chinese President Xi Jinping to his friends in the U.S. state of Iowa ahead of this year’s Spring Festival.

    He was replying to 58 Iowans who sent him a greeting card and recalled in it the Chinese leader’s first visit to Iowa in 1985. Among them are Xi’s longtime friends Luca Berrone, Gary Dvorchak and Sarah Lande.

    Nearly four decades ago, Xi traveled to the United States for the first time. During that visit, he met these ordinary Americans. Since then, a special bond has been formed that lasts to this day.

    CURIOUS YOUNG MAN

    In the spring of 1985, Xi, then an official of Zhengding County, Hebei Province, led a five-member delegation to Iowa, known as “the world’s food capital,” to learn about crop production and livestock farming.

    During the visit, he spent three days in Muscatine, a city in rural eastern Iowa along the Mississippi River, where he stayed with local hosts Thomas and Eleanor Dvorchak. The homestay left a lasting impression.

    Recalling the trip decades later, Xi said he still remembered where he stayed: 2911 Bonnie Drive. “That was my first face-to-face contact with the Americans,” Xi said. “The days I spent with them are unforgettable.”

    Xi and his delegation were warmly received in Muscatine. “On our first night, our hostess asked what time we would wake up the next morning and what we would like to eat,” recalled Xia Wenyi, the delegation’s translator.

    Xi responded that he was happy to eat whatever the family typically had. According to Xia’s recollection, Xi said, “We want to experience and understand the daily life of an everyday American family.”

    Hostess Eleanor prepared a big breakfast with coffee and tea every day during Xi’s stay. Xi slept in the Star Trek-themed bedroom belonging to the Dvorchaks’ son, Gary, who was then away at university.

    “Everything, no matter what, was very acceptable to him — he was humble,” Eleanor recounted.

    Xi’s visit came after China and the United States had spent years working to restore relations in the late 1970s. In 1983, then Iowa Governor Terry Branstad signed a sister-state agreement with Hebei and led a 50-member delegation to the provincial capital of Shijiazhuang in 1984, which, as he recalled, led to Xi’s trip in 1985.

    “We wanted to treat them as we were treated in Hebei. So we went all out,” recalled Branstad, who served as U.S. ambassador to China from 2017 to 2020.

    Xi’s itinerary in Muscatine included tours to farms and food processing plants, interviews with local media, a “Welcome to Muscatine” luncheon and a boat excursion on the Mississippi River.

    It was Xi’s first sighting of the Mississippi River. “When I was young, I had read the novels of Mark Twain, and I had long wanted to see for myself the picturesque scenery of the Mississippi,” Xi said when he revisited Iowa back in 2012.

    “He was curious about everything and asked questions about everything,” recalled Sarah Lande, one of the Muscatine tour coordinators. Local newspaper Muscatine Journal also reported on how Xi engaged with residents, answering “a variety of questions about China and its people.” Xi was also given a key to the city.

    In 2023, reminiscing about this experience, Xi said, “I have found that although our two countries are different in history, culture and social system and have embarked on different development paths, our two peoples are both kind, friendly, hardworking and down-to-earth.”

    LASTING CONNECTIONS

    Xi has said on several occasions that the foundation of China-U.S. relations was laid by the people of both sides. Xi has stayed in touch with old friends in Iowa through reunions, letters and shared memories.

    In 2012, Xi visited Iowa once again as China’s vice president. He made sure to add Muscatine to his jam-packed itinerary so he could reunite with the old friends. They chatted over tea at Lande’s home, gathering around a couch in the living room. Their hour-long meeting was filled with laughter.

    Thomas and Eleanor Dvorchak, who had moved to Florida, made a special trip back. Xi recognized the couple the moment he saw them and shared his memories of his stay at the Dvorchaks.

    “You were the first group of Americans I came into contact with,” Xi told his Iowa friends. “To me, you are America.”

    Lande compiled their stories into a memoir titled Old Friends: The Xi Jinping-Iowa Story, which was published in 2018. Upon learning about Lande’s book project, Xi sent some of his own photos.

    Another reunion of these old friends occurred in 2023 when Xi visited San Francisco for the APEC leaders’ meeting. When Xi saw Gary, son of the Dvorchaks, he said, “I stayed in your room and remember the sweatshirts and ball gear there.”

    “There was genuine happiness, so you could see the smile on his face. He was really enjoying it,” Gary said of the reunion.

    Gary first met Xi in person in 2015 when the Chinese president hosted the Dvorchak family for a private dinner in Beijing. During the gathering, Gary’s parents presented Xi with a photo album titled “Commemorating 30 Years of Friendship,” featuring photos from 1985 and 2012.

    When Gary’s father, Thomas Dvorchak, passed away in 2024, Xi conveyed his condolences, expressing that he had always valued the genuine friendship.

    The Dvorchaks’ Iowa home, where Xi once stayed, has been turned into a museum and renamed the Sino-U.S. Friendship House. Gary noted that visitors can appreciate how much the friendship has grown over the years.

    “For America and China to be friends as countries, it is important for people to understand each other,” he said.

    THE YOUTH AND TOMORROW

    For the Chinese leader, the future of China-U.S. relations depends on the youth. For years, Xi has worked to foster friendly exchanges between young people in China and the United States.

    During his 2023 visit to San Francisco, Xi announced an initiative to invite 50,000 young Americans to China for exchange and study programs over a five-year span.

    Shortly after, Lande, who maintained correspondence with Xi, wrote to him, expressing hope that Muscatine High School students could join the program.

    With Xi’s support, over 20 Muscatine students visited Beijing, Shanghai, Hebei and other places in China in January 2024, becoming the first group of American students to participate in the program.

    After their visit, the students, delighted by their experiences, wrote a letter to Xi. In a reply, Xi told them he felt happy for them. He encouraged more young Americans to visit China to get a first-hand experience of the real China and foster genuine friendships with their Chinese counterparts.

    In April, another group of Muscatine students arrived in Hebei. They made a special trip to Zhengding County to visit the place where Xi once worked.

    Lucas Berrone, board of directors of Iowa Sister States, escorted the students on the trip. Berrone met Xi in 1985. He mapped out a two-week itinerary for Xi’s first Iowa tour and spent hours driving the delegation to farms and plants. Their friendship has endured over the decades.

    Berrone sees these exchange trips as an opportunity to introduce a new generation to the friendship between China and the United States. He is hopeful about “passing the torch” to the younger generation.

    Joseph McNeely, a student from Muscatine who traveled to China thanks to the exchange program, expressed his gratitude to Berrone: “Thank you for continuing the friendship between you and President Xi and for helping this trip come to light.”

    McNeely made some Chinese friends from Shijiazhuang Foreign Language School during the trip. As a symbol of friendship, they planted a tree in Hebei.

    This year, during the Chinese Spring Festival, Berrone hosted Chinese students from Shijiazhuang Foreign Language School in Iowa. The students were on vacation, touring the United States and making new friends in Muscatine.

    As he had many times before, Berrone shared his story of hosting Xi and other Chinese delegates in Iowa 40 years ago. “Their stay, even though brief, made the connection with the families opening up their homes and their hearts.”

    “That connection was the first building brick of a relationship that has lasted 40 years and continues to grow as a wonderful friendship and an inspiring story for relations between China and the United States,” Berrone added.

    MIL OSI China News –

  • MIL-OSI: Annual Report 2024 of Spar Nord

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 02
     

    Net profit of DKK 2,222 million and return on equity after tax of 16.6%

    Spar Nord achieved a profit after tax of DKK 2,222 million in 2024, which corresponds to a return on equity after tax of 16.6%. The result was the second-best in the Bank’s 200-year history and is considered highly satisfactory.

    The total business volume amounted to DKK 379 billion at 31 December 2024, which was DKK 21 billion higher than at end-2023. The increase in the business volume was broadly based but supported especially by strong increases in assets under management and bank and leasing loans, which rose by 16% and 7%, respectively, compared with the year earlier.

    In terms of financial performance, the persistently high market and policy rates resulted in satisfactory returns on the Bank’s substantial excess liquidity, which contributed to net interest income in 2024 on a par with the year before. At the same time, the Bank’s net fee income rose by 4%, with the increase primarily driven by growing net fee income related to assets under management and payment services, cards, insurance and pension. Lower market value adjustments and rise in costs had the opposite effect, resulting in a profit for the year before impairment of DKK 2,881 million, which was 7% lower than last year.

    Finally, the net profit for the year was favorably impacted by loan impairment charges, which represented an income of DKK 25 million.

    In light of the conditions of Nykredit’s takeover offer, Spar Nord’s Board of Directors has decided not to recommend the distribution of dividends for 2024, says Lasse Nyby, CEO.


    Please direct any questions regarding this release to Lasse Nyby, Chief Executive Officer, on tel. +45 9634 4011, or Rune Brandt Børglum,     Chief Financial Officer, on tel. + 45 9634 4236.

    Rune Brandt Børglum
    Chief Financial Officer

    Attachment

    The MIL Network –

  • MIL-OSI Australia: Albanese Government introduces legislation to guarantee 3 days of early education and care

    Source: Australian Executive Government Ministers

    The Albanese Labor Government has today introduced legislation to deliver an early education 3 Day Guarantee and replace the Liberal’s Activity Test.

    Every child has the right to go to school – and governments have a responsibility to make that possible. 

    We believe every child has the right to go to early education, to help make sure they don’t start school behind – and our Labor Government is going to make this possible. 

    This legislation introduced today guarantees three days a week of subsidised early education for children who need it from January 2026.

    Families earning between $50,000 to $100,000 who will be better off under the 3 Day Guarantee are expected to save on average $1,460 per year. 

    This provides cost-of-living relief to families and helps ensure that children can access the benefits of high-quality early education and care.

    This is good for families and good for children. 

    Under this reform, more than 100,000 families will be entitled to more hours of subsidised care. 

    A re-elected Albanese Labor Government will also establish a $1 billion Building Early Education Fund, which is the next step in creating universal child care system in Australia. 

    More centres will be built and expanded in areas of need, including in the outer suburbs and regional Australia. 

    The Building Early Education Fund will deliver grants to providers and the Government will also explore options for the Commonwealth to invest in owning and leasing out services. 

    It will include a focus on co-locating services on school sites and on supporting the growth of high-quality not-for-profit providers. 

    This is a key part of ensuring more Australian families can access quality early education and care. 

    Comment attributable to Minister for Education, Jason Clare: 

    “We have made child care cheaper for more than 1 million families. 

    “We are delivering a 15 per cent pay rise to build the early education workforce.

    “The 3 Day Guarantee is the next step.

    “It means more children will be able to access early education and care and more likely to start school ready to learn.

    “This is a key part of our plans to build a universal early education system and make sure that every child gets a great start in life.”

    Comment attributable to Minister for Early Childhood Education, Dr Anne Aly:

    “The activity test locks out the children who can most benefit from early childhood education and care. 

    “The 3 Day Guarantee is about making sure that every child no matter their background and no matter where they live, has access to the transformative benefits of early childhood education and care. 

    “We’re laying the foundation for a truly universal early childhood education system through improving affordability, boosting supply, increasing accessibilty and securing the vital workfroce families rely on.” 

    MIL OSI News –

  • MIL-OSI: Bank of Åland Plc: Year-end Report for the period January–December 2025

    Source: GlobeNewswire (MIL-OSI)

    Bank of Åland Plc
    Financial Statement Release
    February 5, 2025, 9.00 EET

    Year-end Report for the period January–December 2025

    “We ended our best earnings year ever with a net operating profit of EUR 65.0 million (61.7) and a return on equity after taxes of 17.9 per cent (17.2).

    “Late in 2024, we launched a new mutual fund, Ålandsbanken Norden Dividend. It was well received, with subscriptions of more than EUR 100 million. Falling market interest rates will have a negative impact on banks’ net interest income, but this should also contribute to higher activity in the markets and greater interest in financial investment products, which should benefit our net commission income over time.”

    Peter Wiklöf, Managing Director and Chief Executive

    January-December 2024 compared to January-December 2023

    • Net operating profit increased by 5 per cent to EUR 65.0 M (61.7).
    • Core income in the form of net interest income, net commission income and IT income increased by 5 per cent to EUR 215.6 M (205.2). The year did not include any performance-related income, which totalled EUR 4.0 M in 2023.
    • Other income increased to EUR 0.7 M (−3.0).
    • Total expenses increased by 6 per cent to EUR 147.3 M (138.4).
    • Net impairment losses on financial assets (including recoveries) totalled EUR 4.0 M (2.2), equivalent to a loan loss level of 0.10 per cent (0.05).
    • Return on equity after taxes (ROE) increased to 17.9 per cent (17.2).
    • Earnings per share increased by 7 per cent to EUR 3.41 (3.18).
    • The common equity Tier 1 capital ratio increased to 14.5 per cent (13.7).
    • Dividend: The Board of Directors proposes that the Annual General Meeting approve payment of a total dividend of EUR 2.75 (2.65) per share for the 2024 financial year, of which a regular dividend of EUR 2.40 (2.40) per share plus an extra dividend of EUR 0.35 (0.25) per share.
    • Future outlook: The Bank of Åland expects its return on equity after taxes (ROE) to continue to exceed its long-term financial target of 15 per cent during 2025.

    The fourth quarter of 2024 compared to fourth quarter of 2023

    • Net operating profit decreased by 25 per cent to EUR 15.3 M (20.2).
    • Core income in the form of net interest income, net commission income and IT income decreased by 7 per cent to EUR 54.5 M (58.9). The fourth quarter did not include any performance-related income, which totalled EUR 4.0 M in the corresponding quarter of 2023.
    • Other income improved to EUR −0.4 M (−3.2).
    • Total expenses increased by 6 per cent to EUR 37.3 M (35.3).
    • Net impairment losses on financial assets (including recoveries) totalled EUR 1.5 M (0.1), equivalent to a loan loss level of 0.18 per cent (0.02).
    • Return on equity after taxes (ROE) decreased to 16.4 per cent (21.5).
    • Earnings per share decreased by 23 per cent to EUR 0.80 (1.05).

    Financial summary

    Group Q4
    2024    		 Q3
    2024    		  % Q4
    2023    		  % Jan-Dec
    2024    		 Jan-Dec 2023 %
    EUR M                
    Income                 
    Net interest income 25.2 26.2 -4 27.8 -9 104.1 99.7 5
    Net commission income 19.9 18.9 5 22.6 -12 76.4 77.0 -1
    IT income 9.4 7.6 24 8.4 12 35.1 28.6 22
    Other income -0.4 0.4   -3.2 -88 0.7 -3.0  
    Total income 54.1 53.1 2 55.7 -3 216.4 202.3 7
                     
    Staff costs -22.1 -21.3 4 -20.9 6 -87.9 -81.3 8
    Other expenses -12.4 -10.8 15 -11.2 11 -47.1 -41.6 13
    Statutory fees 0.0     0,0 -75 0,0 -3,2 -100
    Depreciation/amortisation -2.8 -3.0 -7 -3.2 -11 -12.3 -12.2 1
    Total expenses -37.3 -35.1 6 -35.3 6 -147.3 -138.4 6
                     
    Profit before impairment losses 16.8 18.0 -7 20.4 -18 69.0 63.9 8
                     
    Impairment losses on financial assets, net -1.5 -0.8   -0.1   -4.0 -2.2 86
    Net operating profit 15.3 17.3 -12 20.2 -25 65.0 61.7 5
                     
    Income taxes -2.9 -3.5 -18 -4.2 -30 -12.8 -13.1 -2
    Profit for the period 12.4 13.7 -10 16.1 -23 52.3 48.7 7
                     
    Attributable to:                
    Shareholders in Bank of Åland Plc 12.4 13.7 -10 16.1 -23 52.3 48.7 7
                     
    Volume                
    Lending to the public 3,576 3,514 2 3,859 -7      
    Deposits from the public 3,521 3,396 4 3,595 -2      
    Actively managed assets 10,616 10,654 0 9,776 9      
    Managed mortage loans 3,080 3,060 1 2,716 13      
    Equity capital 336 325 3 335 0      
    Balance sheet total 4,925 4,789 3 5,342 -8      
    Risk exposure amount 1,643 1,693 -3 1,774 -7      

    The Bank of Åland (Ålandsbanken) follows the disclosure procedure stipulated in “Disclosure obligation of the issuer (6/2016)”, published by the Finnish Financial Supervisory Authority and hereby publishes its Year-end Report for the period January – december 2023, which is enclosed with this stock exchange release. The Bank`s Year-end Report for the period January – december 2024 is attached to this release in PDF format and is also available on the company’s web site at https://www.alandsbanken.com/uploads/pdf/result/en_resultat_jan-dec_24.pdf

    For more information please contact:

    Peter Wiklöf, Managing Director and Chief Executive, Bank of Åland, tel. + 358 (0)40 512 7505 

    Attachment

    The MIL Network –

  • MIL-OSI: Equinor ASA: Buy-back of shares to share programmes for employees

    Source: GlobeNewswire (MIL-OSI)

    Equinor ASA (OSE: EQNR, NYSE: EQNR) has on 5 February 2025 engaged a third party to conduct repurchases of the company’s shares to be used in the share-based incentive plans for employees and management for the period from 14 February 2025 until 15 January 2026.

    Shares acquired under the buy-back programme from 14 February 2025 to 15 May 2025 is based upon the authorization from the annual general meeting on 14 May 2024, registered in the Norwegian register for business enterprises. According to the authorization, the maximum number of shares to be purchased in the market is 12,400,000, the minimum price that can be paid per share is NOK 50, and the maximum price is NOK 1,000. Share buy-back after 16 May 2025 is subject to a new authorization from the annual general meeting in 2025.

    The buy-back programme is time-scheduled, and the share purchases shall take place on specific dates in the period from 14 February 2025 until 15 January 2026 with a determined purchase amount on each date, as set out in the buy-back programme.

    The total purchase amount under the share buy-back programme is NOK 1,992,000,000. The maximum number of shares to be acquired is 19,080,000 shares, of which up to 8,040,000 shares can be acquired in the period from 14 February 2025 to 15 May 2025, and up to 11,040,000 shares can be acquired in the period from 16 May 2025 to 15 January 2026.

    The shares shall be used to meet obligations towards employees who participate in the company’s share-based incentive plans.

    Shares will be purchased on the Oslo Stock Exchange. The share buy-back programme is conducted in accordance with applicable safe harbour conditions, and as further set out in the Norwegian Securities Trading Act of 2007, EU Commission Regulation (EC) No 2016/1052 and the Oslo Stock Exchange’s Guidelines for buy-back programmes and price stabilisation February 2021.

    Further information from:

    Investor relations
    Bård Glad Pedersen, senior vice president Investor Relations,
    +47 918 01 791

    Media
    Sissel Rinde, vice president Media Relations,
    +47 412 60 584

    This is information that Equinor is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

    The MIL Network –

  • MIL-OSI: Directorate change

    Source: GlobeNewswire (MIL-OSI)

    OSB GROUP PLC

    LEI: 213800ZBKL9BHSL2K459

    5 February 2025

    Appointment of Sally Jones-Evans and resignation of Sarah Hedger as Non-Executive Director

    OSB GROUP PLC (“OSBG” or the “Group”) today announces the appointment of Sally Jones-Evans as a Non-Executive Director, with effect from 1 April 2025. The Group further announces that Sarah Hedger, who has served on the group’s Board for six years, has indicated that she does not intend to stand for re-election to the Board at the Annual General Meeting, which is scheduled to be held on 8 May 2025.

    Sally will join the Group Remuneration and People Committee and the Group Nomination and Governance Committee. Subject to regulatory approval, she will also become Chair of the Group Remuneration and People Committee.

    Until April 2024, Sally was the Chair of the Principality Building Society, where she oversaw a complete strategy refresh to 2030 and management of a major IT project. She brings extensive non-executive board experience, having served as a board member and chaired audit, risk and remuneration committees. Prior to this, her 30-year executive career was at Lloyds Banking Group in a variety of leadership roles across customer-facing parts of the business, culminating in her position as HR & Integration Director of Group Operations.

    Sally Jones-Evans said, “I am thrilled to join the Board of OSBG and look forward to collaborating with the Board and senior leadership. OSBG has earned an outstanding reputation as a top specialist lender, and I am eager to contribute to its ongoing success.”

    David Weymouth, Chair of OSBG, said: “We are pleased to welcome Sally to the Board. Her extensive expertise in the financial services industry will be a tremendous asset, and I, along with the entire Board and executive team, look forward to collaborating with her. At the same time, we extend our sincere thanks to Sarah for her valuable contributions and dedication during her time on the Board.”

    There are no matters to disclose under Listing Rule 6.4.8R.

    Note

    The person responsible for arranging the release of this announcement on behalf of OSBG is Jason Elphick, Group General Counsel and Company Secretary. All enquiries should be directed to Investor Relations or Brunswick Group, contact details below.

    Enquiries:

    OSB GROUP PLC

    Investor relations

    Alastair Pate                                                 t: 01634 838 973

    Group Head of Investor Relations                         Email: osbrelations@osb.co.uk

    Brunswick Group
    Robin Wrench/Simone Selzer                                 t:  020 7404 5959

    Notes to Editors

    About OSB GROUP PLC

    OneSavings Bank plc (OSB) began trading as a bank on 1 February 2011 and was admitted to the main market of the London Stock Exchange in June 2014 (OSB.L). OSB joined the FTSE 250 index in June 2015. On 4 October 2019, OSB acquired Charter Court Financial Services Group plc (CCFS) and its subsidiary businesses. On 30 November 2020, OSB GROUP PLC became the listed entity and holding company for the OSB Group. The Group provides specialist lending and retail savings and is authorised by the Prudential Regulation Authority, part of the Bank of England, and regulated by the Financial Conduct Authority and Prudential Regulation Authority. The Group reports under two segments, OneSavings Bank and Charter Court Financial Services.

    OneSavings Bank (OSB)

    OSB primarily targets market sub-sectors that offer high growth potential and attractive risk-adjusted returns in which it can take a leading position and where it has established expertise, platforms and capabilities. These include private rented sector Buy-to-Let, commercial and semi-commercial mortgages, residential development finance, bespoke and specialist residential lending, secured funding lines and asset finance.

    OSB originates mortgages organically via specialist brokers and independent financial advisers through its specialist brands including Kent Reliance for Intermediaries and InterBay Commercial. It is differentiated through its use of highly skilled, bespoke underwriting and efficient operating model.

    OSB is predominantly funded by retail savings originated through the long-established Kent Reliance name, which includes online and postal channels as well as a network of branches in the South East of England. Diversification of funding is currently provided by securitisation programmes and the Bank of England’s Term Funding Scheme with additional incentives for SMEs.

    Charter Court Financial Services Group (CCFS)

    CCFS focuses on providing Buy-to-Let and specialist residential mortgages, mortgage servicing, administration and retail savings products. It operates through its brands: Precise Mortgages and Charter Savings Bank.

    It is differentiated through risk management expertise and best-of-breed automated technology and systems, ensuring efficient processing, strong credit and collateral risk control and speed of product development and innovation. These factors have enabled strong balance sheet growth whilst maintaining high credit quality mortgage assets.

    CCFS is predominantly funded by retail savings originated through its Charter Savings Bank brand. Diversification of funding is currently provided by securitisation programmes and the Bank of England’s Term Funding Scheme with additional incentives for SMEs.

    The MIL Network –

  • MIL-OSI: Planisware receives EcoVadis Gold Medal for its sustainable development performance

    Source: GlobeNewswire (MIL-OSI)

    Planisware receives EcoVadis Gold Medal for its sustainable development performance

    Paris, France, February 5, 2025 – Planisware, a leading B2B provider of SaaS in the rapidly growing Project Economy market, has been awarded the Ecovadis Gold Medal, the world’s leading CSR assessment organization, for its commitment to sustainable development. After being awarded the silver medal the previous year, the gold medal award also recognizes Planisware’s continuous progress in CSR.

    EcoVadis evaluates over 130,000 companies in more than 220 sectors and 180 countries on the basis of 21 sustainability criteria divided into 4 main themes: environment, labor and human rights, ethics and sustainable procurement. On this basis, EcoVadis assigns a score from 0 to 100, as well a medal, associated with the score obtained.

    With a score of 79/100, Planisware is now one of EcoVadis’ top-rated companies over the last 12 months. This places Planisware among the top 5% of companies rated in December 2024, and also places itself among the top 2% of companies in its sector.

    Loïc Sautour, Chief Executive Officer at Planisware, commented: “Receiving the EcoVadis Gold Medal is a recognition of our commitment to an ambitious CSR policy. At Planisware, we firmly believe that economic performance and social responsibility go hand in hand, and this distinction encourages us to continue innovating while respecting the highest environmental and ethical standards. Following our IPO and our recent inclusion in the SBF 120, this distinction illustrates Planisware’s rapid progress and ongoing commitment to building a more responsible society.“

    This gold medal testifies to the significant progress made by Planisware in recent years to promote an ambitious and consistent CSR approach among its employees, customers and suppliers. It highlights the remarkable achievements of 2024, including:

    • The publication of its first Extra-Financial Performance Declaration (“DPEF”), a key step illustrating Planisware’s commitment to integrating CSR at the heart of its strategy and providing greater transparency on its actions in this area.
    • Strengthening its internal policies and procedures, with the aim of adopting the highest standards in environmental sustainability, sustainable procurement, business ethics and the defense of human rights.
    • The structuring and launch of concrete initiatives designed to remedy the shortcomings identified in previous assessments, turning lessons learned into drivers for continuous improvement.
    • Optimized KPI monitoring, enabling more accurate measurement of the impact of deployed policies, while reinforcing the monitoring of key indicators to guarantee tangible, sustainable results.

    Contact

    About Planisware

    Planisware is a leading business-to-business (“B2B”) provider of Software-as-a-Service (“SaaS”) in the rapidly growing Project Economy. Planisware’s mission is to provide solutions that help organizations transform how they strategize, plan and deliver their projects, project portfolios, programs and products.

    With more than 700 employees across 14 offices, Planisware operates at significant scale serving around 600 organizational clients in a wide range of verticals and functions across more than 30 countries worldwide. Planisware’s clients include large international companies, medium-sized businesses and public sector entities.

    Planisware is listed on the regulated market of Euronext Paris (Compartment A, ISIN code FR001400PFU4, ticker symbol “PLNW”).

    For more information, visit https://planisware.com/ and connect with Planisware on LinkedIn.

    Attachment

    The MIL Network –

  • MIL-OSI Russia: City fountains have begun to prepare for the new season

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Specialists from the city’s municipal services complex have begun preparing the capital’s fountains for the new season. This was reported by the Deputy Mayor of Moscow for Housing and Public Utilities and Improvement Petr Biryukov.

    “Fountains are rightfully considered the calling card and decoration of the capital, there are both traditional structures, and dry, floating, musical and light-dynamic. We usually launch fountains at the end of April, so we have already begun to carry out preparatory activities in full,” noted Petr Biryukov.

    The specialists checked the structures that are underground and in the collectors of the structures. Now the experts are carrying out scheduled repairs of electromechanical equipment and underwater lighting, control systems and automation of all communications. Attention is also paid to hydraulic diagnostics. Pumping equipment, filters and jet-forming elements are put in order, ventilation and heating systems of the premises of pumping stations are checked.

    When the weather in the capital is stable above zero, the fountains will be unpreserved, washed with a special shampoo, the nozzles will be adjusted and the external lighting lamps will be checked. If necessary, the facing of the bowls and parapets will be put in order.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/149725073/

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: New Industrialisation project backed

    Source: Hong Kong Information Services

    The Innovation & Technology Commission (ITC) today announced that the New Industrialisation Vetting Committee has approved its first application under the New Industrialisation Acceleration Scheme (NIAS), awarding funding of around $200 million to Jean-Marie Pharmacal Company, a subsidiary of the Jacobson Group.

    The firm is involved in the life and health technology sector and plans to set up smart production lines for sterilised eye drops, oral solid doses and oral liquid doses. The total cost of the project is estimated at around $600 million.

    Additionally, the ITC said the number of new smart production lines supported by the vetting committee under the New Industrialisation Funding Scheme (NIFS) now exceeds 100. The total cost for these projects is estimated at $1.3 billion, with $930 million coming from private investments.

    The sectors involved are food manufacturing and processing; textiles and clothing; construction materials; medical devices; nanofibre materials; new energy; pharmaceuticals, including Chinese medicines; electronics; printing; and product accessories.

    Secretary for Innovation, Technology & Industry Prof Sun Dong said: “The Government proactively engages in innovation and technology (I&T) industry development. By launching the NIFS and the NIAS, we aim to promote new industrialisation and secure room for high-quality development in Hong Kong.

    “We are glad to see that enterprises are actively participating in the two funding schemes, making use of I&T to achieve smart production and enhance competitiveness.

    “The Government will continue to assist more enterprises to set up new smart production facilities in Hong Kong and support local enterprises in technology upgrade and achieving new industrialisation, so as to foster the development of Hong Kong’s manufacturing industry and diversified economy.”

    Launched in September 2024, the $10 billion NIAS provides funding support for eligible enterprises to set up new smart production facilities in Hong Kong. The sectors covered include life and health technology, artificial intelligence and data science, advanced manufacturing, and new energy technologies.

     

    Meanwhile, the NIFS subsidises manufacturers to set up new smart production lines in the city.

     

    Both schemes award grants on a 1 (Government) to 2 (enterprise) matching basis.

    MIL OSI Asia Pacific News –

  • MIL-OSI: Alm. Brand A/S – Interim report Q4 2024

    Source: GlobeNewswire (MIL-OSI)

    Highly satisfactory Q4 performance

    • The insurance service result for Q4 2024 was a profit of DKK 440 million (Q4 2023: DKK 287 million), equivalent to a combined ratio of 84.5 (Q4 2023: 89.3), driven by favourable developments both in Personal Lines and Commercial Lines
    • Insurance revenue grew by 6.2% to DKK 2,845 million (Q4 2023: DKK 2,680 million), driven by sustained strong premium growth of 7.2% in Personal Lines and premium growth of 5.1% in Commercial Lines
    • The undiscounted underlying claims ratio fell by 1.9 percentage points to 63.8% (Q4 2023: 65.7%), driven by the effects of profitability-enhancing measures in Personal Lines
    • The expense ratio fell to 18.0 (Q4 2023: 19.0), and the implementation of synergy initiatives generated a positive accounting effect of DKK 138 million in Q4 2024 (Q4 2023: DKK 75 million)
    • Satisfactory investment result of DKK 74 million (Q4 2023: DKK 140 million)

    Full-year performance

    • The insurance service result for 2024 was DKK 1,443 million (2023: DKK 1,215 million), equivalent to a combined ratio of 87.0 (2023: 88.4), which was better than the most recently announced full-year guidance and driven in particular by a lower level of major claims
    • The expense ratio dropped to 18.3 in 2024 (2023: 19.0) in line with our plans to reach the targets set by end-2025.  
    • The consolidated profit before tax and excluding special costs for continuing activities was DKK 1,747 million in 2024 (2023: DKK 1,447 million)
    • For 2025, Alm. Brand Group expects to report an insurance service result of DKK 1.5-1.7 billion excluding run-off gains or losses, an expense ratio of about 17% and a combined ratio of about 85.5-87.5 in line with the targets set in 2022
    • The Board of Directors recommends that an ordinary dividend of DKK 0.6 per share be paid in respect of the 2024 financial year. Alm. Brand Group is furthermore launching a new DKK 100 million share buyback programme related to the profit for 2024, corresponding to a payout ratio of 96% of the adjusted profit after tax including the already completed share buyback programme of DKK 150 million
    • Alm. Brand Group still expects to distribute DKK 1.6 billion related to the divestment of the Energi & Marine business in the form of a share buyback programme to be launched upon closing of the transaction
    • At 31 December 2024, Alm. Brand Group had an SCR ratio of 181% after deduction of the total amount distributed in respect of 2024

    CEO Rasmus Werner Nielsen is pleased with the performance:

    “Seen overall, 2024 was a year in which many people in Denmark needed their insurance company. We helped process claims from more than 430,000 of our customers. In particular, motor-related and travel insurance claims gave rise to many enquiries, whereas weather-related events were not as dramatic as in 2023.

    We’re pleased that more and more people choose to become customers of Alm. Brand Group, and we’re extremely satisfied with the financial results we generated in the final quarter of the year, which marked a strong finish to the year. The strong performance underlines the strength of our large, Denmark-based group. We’re entering 2025 in good shape, and we’re well on the way to realising the targets we set for the merger of Codan and Alm. Brand.”

    This interim report and related materials are available at Alm. Brand Group’s investor website: Q4 2024

    Webcast and conference call
    Alm. Brand will host a conference call for investors and analysts today, Wednesday 5 February 2025 at 11:00 a.m. The conference call and presentation will be available on Alm. Brand Group’s investor website:

    Conference call dial-in numbers for investors and analysts (pin: 551812):

    United Kingdom: +44 20 3936 2999
    USA: +1 646 664 1960
    Denmark: +45 89 87 50 45

    Link to webcast: https://events.q4inc.com/attendee/748881636

    Contact
    Please direct any questions regarding this announcement to:

    Investors and equity analysts:                 

    Head of IR, Rating & ESG Reporting                
    Mads Thinggaard                 
    Mobile no. +45 2025 5469                

    Press:        

    Media Relations Manager
    Mikkel Luplau Schmidt
    Mobile no. +45 2052 3883

    Attachments

    The MIL Network –

  • MIL-OSI: Nykredit today announces the Annual Reports for 2024 – Nykredit Bank A/S

    Source: GlobeNewswire (MIL-OSI)

     
    To Nasdaq Copenhagen A/S
    5 February 2025

    Nykredit today announces the Annual Reports for 2024 of:

    Nykredit A/S, CVR no 12 71 92 48 
    Nykredit Realkredit A/S, CVR no 12 71 92 80 
    Nykredit Bank A/S, CVR no 10 51 96 08 
    Totalkredit A/S, CVR no 21 83 22 78 

    Michael Rasmussen, Group Chief Executive, comments on the Annual Report 2024:

    • For the fourth consecutive year, Nykredit delivers its best full-year performance to date. This is naturally highly satisfactory. Our robust financial results demonstrate that Nykredit is stronger than ever. Thanks to our mutual ownership and attractive value propositions, we continue to welcome new customers. As a result, we recorded business growth and expanded our market position across our core business in 2024.
    • We want to be the customer-owned alternative to the largest listed banks. This is why we have made an offer to acquire Spar Nord Bank in 2025. We expect to close the acquisition in H1/2025 subject to approval by the authorities.
    • In early 2025, we decided to raise the KundeKroner discount to 0.25% from 0.20%, making it even clearer what it means to be a customer of a customer-owned Nykredit Group. This implies that it will once again be cheaper for more than 900,000 homeowners to have a Totalkredit loan. With KundeKroner discounts, Totalkredit is able to offer the lowest prices on home loans in the market in most scenarios. Moreover, Totalkredit homeowners are guaranteed KundeKroner discounts up to and including 2028. We will do our utmost to continue investing in Totalkredit and our other important partnerships, so that we stand as strong as possible when it comes to our customers and the competition in the financial market.
    • We are guiding for a profit after tax for 2025 of DKK 9.00-9.75 billion and do not expect to reach the same level as in 2024. This is primarily due to the prospect of falling interest rates, which will lower the return on Nykredit’s equity. At the same time, a generally tense geopolitical landscape creates uncertainty about the economic development and the potential impact on Nykredit’s operating conditions. Our profit guidance for 2025 does not include earnings impacts of the acquisition of Spar Nord Bank. We will therefore update our full-year profit guidance when the acquisition is completed.

    Highlights from the Annual Report 2024:

    • Totalkredit’s mortgage lending increased to DKK 907.5 billion at end-December 2024 from DKK 878.5 billion at end-December 2023.
    • Nykredit Bank’s lending rose to DKK 103.3 billion at end-December 2024 from DKK 94.4 billion at end-December 2023.
    • Assets under management by Nykredit Wealth Management were up 9.5% on 2023 to DKK 499 billion at end-December 2024.
    • For 2024, Nykredit has recorded a return on average equity of 11.7%.
    • Nykredit’s cost/income ratio in 2024 was 32.5%.
    Nykredit Group       
          DKK million
       2024 2023 Change
    Net interest income 12,018 12,305 -287
    Net fee income 2,744 2,789 -45
    Wealth management income 2,678 2,368 310
    Net interest from capitalisation 2,483 1,719 764
    Net income relating to customer benefits programmes (580) (404) -176
    Trading, investment portfolio and other income 2,088 1,625 463
    Income 21,431 20,402 1,029
    Costs 6,964 6,560 404
    Business profit before impairment charges 14,467 13,842 625
    Impairment charges for loans and advances (248) (177) -71
    Business profit 14,716 14,019 697
    Legacy derivatives 98 59 39
    Profit before tax for the year 14,813 14,078 735
    Tax 3,086 3,191 -105
    Profit for the year 11,728 10,887 841

    Contact: For further comments, please contact Orhan Gökcen, Head of Press Relations, tel +45 31 21 06 39.

    Attachment

    The MIL Network –

  • MIL-OSI: Nykredit today announces the Annual Reports for 2024 – Nykredit Realkredit A/S

    Source: GlobeNewswire (MIL-OSI)

     
    To Nasdaq Copenhagen A/S
    5 February 2025

    Nykredit today announces the Annual Reports for 2024 of:

    Nykredit A/S, CVR no 12 71 92 48 
    Nykredit Realkredit A/S, CVR no 12 71 92 80 
    Nykredit Bank A/S, CVR no 10 51 96 08 
    Totalkredit A/S, CVR no 21 83 22 78 

    Michael Rasmussen, Group Chief Executive, comments on the Annual Report 2024:

    • For the fourth consecutive year, Nykredit delivers its best full-year performance to date. This is naturally highly satisfactory. Our robust financial results demonstrate that Nykredit is stronger than ever. Thanks to our mutual ownership and attractive value propositions, we continue to welcome new customers. As a result, we recorded business growth and expanded our market position across our core business in 2024.
    • We want to be the customer-owned alternative to the largest listed banks. This is why we have made an offer to acquire Spar Nord Bank in 2025. We expect to close the acquisition in H1/2025 subject to approval by the authorities.
    • In early 2025, we decided to raise the KundeKroner discount to 0.25% from 0.20%, making it even clearer what it means to be a customer of a customer-owned Nykredit Group. This implies that it will once again be cheaper for more than 900,000 homeowners to have a Totalkredit loan. With KundeKroner discounts, Totalkredit is able to offer the lowest prices on home loans in the market in most scenarios. Moreover, Totalkredit homeowners are guaranteed KundeKroner discounts up to and including 2028. We will do our utmost to continue investing in Totalkredit and our other important partnerships, so that we stand as strong as possible when it comes to our customers and the competition in the financial market.
    • We are guiding for a profit after tax for 2025 of DKK 9.00-9.75 billion and do not expect to reach the same level as in 2024. This is primarily due to the prospect of falling interest rates, which will lower the return on Nykredit’s equity. At the same time, a generally tense geopolitical landscape creates uncertainty about the economic development and the potential impact on Nykredit’s operating conditions. Our profit guidance for 2025 does not include earnings impacts of the acquisition of Spar Nord Bank. We will therefore update our full-year profit guidance when the acquisition is completed.

    Highlights from the Annual Report 2024:

    • Totalkredit’s mortgage lending increased to DKK 907.5 billion at end-December 2024 from DKK 878.5 billion at end-December 2023.
    • Nykredit Bank’s lending rose to DKK 103.3 billion at end-December 2024 from DKK 94.4 billion at end-December 2023.
    • Assets under management by Nykredit Wealth Management were up 9.5% on 2023 to DKK 499 billion at end-December 2024.
    • For 2024, Nykredit has recorded a return on average equity of 11.7%.
    • Nykredit’s cost/income ratio in 2024 was 32.5%.
    Nykredit Group       
          DKK million
       2024 2023 Change
    Net interest income 12,018 12,305 -287
    Net fee income 2,744 2,789 -45
    Wealth management income 2,678 2,368 310
    Net interest from capitalisation 2,483 1,719 764
    Net income relating to customer benefits programmes (580) (404) -176
    Trading, investment portfolio and other income 2,088 1,625 463
    Income 21,431 20,402 1,029
    Costs 6,964 6,560 404
    Business profit before impairment charges 14,467 13,842 625
    Impairment charges for loans and advances (248) (177) -71
    Business profit 14,716 14,019 697
    Legacy derivatives 98 59 39
    Profit before tax for the year 14,813 14,078 735
    Tax 3,086 3,191 -105
    Profit for the year 11,728 10,887 841

    Contact: For further comments, please contact Orhan Gökcen, Head of Press Relations, tel +45 31 21 06 39.

    Attachment

    The MIL Network –

  • MIL-OSI China: Spanish potter shapes fusion of Eastern and Western art in China’s ‘porcelain capital’

    Source: China State Council Information Office 3

    This photo taken on May 1, 2023 shows a view of the Taoxichuan Ceramic Art Avenue at night in Jingdezhen, east China’s Jiangxi Province. (Xinhua)

    In the quiet of winter, the cherry trees in the courtyard have withered, yet the fruits continue to flourish in the porcelain works of Spanish ceramic artist Jaume Ribalta.

    The 32-year-old artist, who has spent the past three years wandering through Jingdezhen, dubbed China’s “porcelain capital”, in Jiangxi Province, draws inspiration from his surroundings to craft pieces that seamlessly blend nature with artistry.

    Ribalta settled in Xianghu Village, a hub for ceramic artists in Jingdezhen, where he established his studio and now feels at home, deeply immersed in the rhythms of rural Chinese life.

    Amid the Spring Festival aura, Ribalta’s studio courtyard hums with festive energy, as red lanterns sway among the greenery, festive paintings adorn the doors, and traditional decorations like spring couplets and Chinese knots complete the scene, marking a joyful celebration of the season.

    “Over the years, I’ve created a Zodiac series of teacups, each featuring a different Chinese zodiac animal in my designs. Last year it was the dragon, and this year it’s the snake,” he explains. “I’ve grown to love this traditional Chinese cultural element and have continued to incorporate it into my work.”

    His studio is filled with Chinese elements — antique furniture, a portrait of Confucius, and traditional ink landscape paintings — each detail reflecting Ribalta’s deep appreciation for Chinese culture.

    “I learned Chinese painting from books, with masters like Qi Baishi serving as my ‘teachers,’” he said. Beyond this, Ribalta has expertly fused his Spanish heritage with Chinese artistry, drawing inspiration from the black-and-white ceramic designs of his hometown, Barcelona. He employs traditional blue-and-white porcelain techniques to craft distinctive works that seamlessly blend Eastern and Western artistic styles.

    Jingdezhen’s history of ceramics spans over 2,000 years, and its role as an official and royal kiln elevated its porcelain-making techniques to the highest level in history. Driven by a passion for ceramics, thousands of foreign artists have migrated to Jingdezhen, a city with a population of less than 900,000, in recent years. During the peak period, there was one foreigner among every six migrants.

    The open, inclusive and eclectic creative environment of Jingdezhen has allowed foreign drifters like Ribalta, despite initial language barriers, to quickly adapt to local life. For him, Jingdezhen is a vast cultural heritage, where every corner offers fertile ground for ceramic artistry.

    In addition to the many ceramic studios nearby, Ribalta said another reason he was drawn to this particular village is its proximity to Jingdezhen Ceramic University.

    “Engaging in conversations with young ceramic artists and students, exploring how to blend tradition with innovation, is key to keeping my inspiration alive,” he said.

    For Ribalta, Jingdezhen was the obvious choice for his ceramic art, as the city is like “an art utopia,” boasting an omnipresent artistic atmosphere and a warm, free-spirited environment. However, creating individual ceramic pieces is not his sole ambition. He said that his goal for the year 2025 is to create a cultural landmark for the village.

    He pulled up his design concept on his phone, explaining how blue-and-white porcelain could move beyond its traditional role as vessels and be repurposed as striking wall decorations.

    “In Spain and Portugal, ceramics are often used in architectural decoration,” he said. “China has many exquisite, large blue-and-white porcelain vases, but their application in architectural settings is relatively rare. I hope to integrate ceramics into architecture in a public space someday, creating a monumental scene that blends Chinese and Western cultures with my own hands.”

    MIL OSI China News –

  • MIL-OSI China: China’s Spring Festival holiday box office hits record high of 9.51 billion yuan

    Source: China State Council Information Office 3

    People walk past a movie poster at a cinema in Shenyang, northeast China’s Liaoning Province, Feb. 4, 2025. (Xinhua/Li Gang)

    China’s film industry set a new record during the 2025 Spring Festival holiday, as the box office for the period from Jan. 28 to Feb. 4 reached a staggering 9.51 billion yuan (1.33 billion U.S. dollars), the China Film Administration announced Wednesday.

    The number of moviegoers also soared, with 187 million people attending theaters during the holiday, marking both a box office and attendance milestone.

    Leading the charge was the animated feature “Ne Zha 2,” which grossed around 4.84 billion yuan.

    Other top performers included “Detective Chinatown 1900,” “Creation of the Gods II: Demon Force,” “Legends of the Condor Heroes: The Gallants,” “Boonie Bears: Future Reborn,” and “Operation Hadal,” which claimed the second to sixth spots, respectively, according to film data platform Maoyan.

    MIL OSI China News –

  • MIL-OSI: Ringkjøbing Landbobank’s annual report for 2024

    Source: GlobeNewswire (MIL-OSI)

    Nasdaq Copenhagen
    London Stock Exchange
    Euronext Dublin
    Other stakeholders

    5 February 2025

    Ringkjøbing Landbobank’s annual report for 2024

    The bank’s board of directors and general management today approved the annual report for 2024.

    For 2024, a net profit at the top of the announced expectations for the year is realized with DKK 2,301 million, corresponding to an increase of 7% compared to 2023. The bank is very satisfied with this development.

    Core earnings

    (DKK million) 2024 2023 2022 2021 2020
    Total core income 4,068 3,828 2,862 2,433 2,179
    Total expenses and depreciation 1,044 963 891 817 788
    Core earnings before impairment charges for loans 3,024 2,865 1,971 1,616 1,391
    Impairment charges for loans etc. +3 -1 -2 -68 -223
    Core earnings 3,027 2,864 1,969 1,548 1,168
    Result for the portfolio etc. +62 -7 -69 +7 -9
    Special costs 20 20 20 17 15
    Profit before tax 3,069 2,837 1,880 1,538 1,144
    Profit after tax 2,301 2,155 1,495 1,229 920

    2024 – highlights

    • Net profit for the year increases by 7% to DKK 2,301 million, equivalent to a 21% return on equity
    • Earnings per share (EPS) increase by 12%
    • Core income increases by 6% to DKK 4,068 million
    • Costs increase by 8%, and the cost/income ratio is 25.7%
    • Continued strong credit quality means that impairment charges of DKK 3 million were carried to income
    • Highly satisfactory increase in customer numbers and growth of 10% in loans, 8% in deposits and 9% in custody account holdings
    • The best-ranking image in several independent surveys is promising for a continued increase in new customers
    • Expectations for net profit for 2025 in the range DKK 1.8 – 2.2 billion

    Yours faithfully

    Ringkjøbing Landbobank

    John Fisker
    CEO

    Attachments

    The MIL Network –

  • MIL-OSI: Nomad Internet Launches Nomad Dragon- The Best Verizon Modem on the Planet

    Source: GlobeNewswire (MIL-OSI)

    NEW BRAUNFELS, Texas, Feb. 05, 2025 (GLOBE NEWSWIRE) — Nomad Internet has announced the launch of Nomad Dragon, the best Verizon Modem on the planet. Nomad Dragon comes with high-speed internet connectivity and up to 10 hours of battery backup, which means users can work, stream, and stay connected without interruptions.

    The Nomad Dragon ensures dependable, fast connections perfect for streaming ultra-HD 8K videos, gaming without delays, and operating essential business applications. This modem is designed for outstanding reliability, delivering excellent performance even in the toughest network environments.

    Innovative Battery Backup for Uninterrupted Connectivity

    Pioneering advancements in wireless technology, the Nomad Dragon is the first modem in Nomad Internet’s collection to include an integrated battery backup system with a 10-hour battery backup. Created for residential and commercial applications, the battery guarantees smooth performance during electricity failures, providing consistent connectivity during essential times. Whether working from home, gaming, or controlling smart gadgets, users can depend on the Nomad Dragon’s power durability to remain connected when it’s essential.

    Support for Up to 128 Devices

    Designed for flexibility, the Nomad Dragon can accommodate up to 128 devices, making it a perfect choice for larger homes, companies, and shared work environments. Thanks to its powerful hardware and smart traffic management, users can experience quick, dependable, and secure connectivity on all their devices.

    Advanced Network Security.

    The Nomad Dragon comes with cutting-edge network security capabilities to protect users from cyber dangers. Users of Nomad Dragon can enjoy a secure, encrypted connection that guarantees data privacy and safety.

    Blazing-Fast, Reliable Internet

    The Nomad Dragon revolutionizes connectivity for individuals needing exceptional speed and dependability on the move, offering unlimited data and no contracts. Designed for enhanced performance, Nomad Dragon facilitates seamless Ultra HD 8K streaming, uninterrupted video calls, and lag-free online gaming, all while providing advanced mobility and an integrated battery backup.

    Nomad Dragon embodies Nomad Internet’s steadfast dedication to innovation, quality, and customer satisfaction. With reliable connectivity, long-lasting battery life and the ability to provide high-speed, reliable connection on the go make Nomad Dragon the best Verizon modem on the planet.

    For a limited time, Nomad Internet is offering the Nomad Dragon (retail price $799.95) for free with its unlimited internet plan. It is a unique opportunity for users to enjoy a high-speed and reliable internet connection at a remarkably affordable price.

    Nomad Dragon is available for order on NomadInternet.com.

    About Nomad Internet

    Nomad Internet is America’s leading wireless internet provider for rural communities, delivering high-speed, reliable, and affordable connectivity to those in areas where traditional services fall short.

    Media Contact

    Company Name: Nomad Internet

    Contact Person: Manish Roshan

    Email: manish@nomadinternet.com

    Website: https://nomadinternet.com

    Phone: +1 281 800 1000

    Disclaimer: This content is provided by the Nomad Internet. The statements, views, and opinions expressed in this column are solely those of the content provider. The information shared in this press release is not a solicitation for investment, nor is it intended as investment, financial, or trading advice. It is strongly recommended that you conduct thorough research and consult with a professional financial advisor before making any investment or trading decisions. Please conduct your own research and invest at your own risk.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f5535f54-cc1d-4a68-a9ef-a46d1b5cbd4e

    The MIL Network –

  • MIL-OSI: AppSecure Security Partners with Jazzee AI to Bolster US Market Expansion

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Feb. 05, 2025 (GLOBE NEWSWIRE) — In a strategic move to strengthen its presence in the US market, AppSecure Security, a global offensive Pentest and Red teaming company, has announced a partnership with Jazzee AI, an innovative SaaS and Cloud app marketplace. This collaboration aims to boost AppSecure’s customer acquisition in the United States while complementing Jazzee’s security offerings.

    Securing the Future of SaaS with Offensive Security Expertise

    AppSecure Security, renowned for its hacker-focused Pentesting and Red Teaming services, has earned a reputation for identifying and mitigating critical vulnerabilities in APIs and applications. With a clientele of over 300 global enterprises and startups, AppSecure, is a trusted partner in safeguarding digital ecosystems.

    Sandeep Hodkasia, Founder of AppSecure Security, shared his enthusiasm: “Partnering with Jazzee AI allows us to combine our offensive security expertise with Jazzee’s AI-driven innovation. Together, we’re not just enhancing cybersecurity; we’re enabling businesses to securely harness the power of the best SaaS tools available.”

    Agentic AI: Revolutionizing the Buying Experience

    At the heart of this partnership is Jazzee AI’s extensive use of Agentic AI. Jazzee’s revolutionary AI capabilities are encapsulated in its “mother agent,” a sophisticated chatbot that consolidates powerful tools such as the Buyer Assist Agent, Price Discovery Agent and Contract Analyzer Agent. This AI powerhouse empowers consumers to:

    • Identify the best product fit tailored to their needs.
    • Optimize budgets with intelligent negotiation guidance.
    • Access genuine, crowd-sourced reviews from real users across the internet.

    Rajat Dhariwal, Chief AI Officer and Co-founder of Jazzee, explained the vision: “Jazzee AI is redefining how businesses and consumers navigate the SaaS and Cloud app landscape. Our mother agent doesn’t just assist—it transforms decision-making, ensuring enterprise customers find the right tools, negotiate the best deals, and make informed, confident choices.”

    Driving Growth in a Booming Market

    The global application security market is expected to grow from USD 9.95 billion in 2023 to USD 25.30 billion by 2030, with a CAGR of 14.3%. This partnership positions both companies to capitalize on this surge, addressing the growing sophistication of cyber threats and the increasing demand for AI-driven solutions. Jazzee’s platform, powered by Agentic AI, ensures clients can trust the SaaS solutions they choose while benefiting from robust cybersecurity measures provided by AppSecure.

    Transformative Synergy for US Enterprises

    AppSecure’s approach to security, which involves simulating real-world attack scenarios on APIs and applications, complements Jazzee’s AI-powered SaaS curation and optimization services. This synergy is expected to provide US enterprises with a comprehensive solution that not only secures their digital assets but also ensures they are utilizing the promising and trusted SaaS tools available.

    As both companies look to expand their footprint in the US market, this partnership represents a significant step towards creating a more secure and efficient digital ecosystem for businesses. With the combined strengths of AppSecure’s offensive security expertise and Jazzee’s AI-driven marketplace, US enterprises can look forward to a new era of cybersecurity and SaaS optimization.

    About Appsecure.security

    AppSecure Security is a CREST-accredited offensive cybersecurity company that provides comprehensive security solutions to protect businesses worldwide. With a team of skilled white hat hackers, including top bug bounty hunters from Fortune 500 companies like PayPal, LinkedIn, and Reddit, AppSecure offers a unique and robust approach to identifying and addressing critical security vulnerabilities.
    The company’s core philosophy revolves around an offensive security stance, which involves simulating real-world attacks to uncover concealed vulnerabilities from a hacker’s perspective. This proactive approach allows organizations to anticipate and prevent sophisticated system attacks before they occur.
    AppSecure’s services encompass a wide range of security solutions, including:

    1. Web Application Penetration Testing: Utilizing advanced red teaming techniques to identify and address potential weaknesses within web applications.
    2. API Security: Offering comprehensive testing of API endpoints to ensure airtight data flow and protection against common vulnerabilities.
    3. Network Penetration Testing: Conducting thorough assessments to uncover exposed internal pathways and blind spots in network security.
    4. Red Teaming Exercises: Simulating real-world attack scenarios to evaluate an organization’s security posture and response capabilities.

    The company’s methodology aligns with industry standards such as the OWASP Top 10 and the Penetration Testing Execution Standard (PTES). This ensures that their assessments are thorough, accurate, and up-to-date with the latest security threats and best practices.

    Media Contact:
    Name: Vrinda
    Website: https://appsecure.security
    Email: marketing@appsecure.security
    Ph.no.: +917018971376

    Disclaimer: This content is provided by the AppSecure Security. The statements, views, and opinions expressed in this column are solely those of the content provider. The information shared in this press release is not a solicitation for investment, nor is it intended as investment, financial, or trading advice. It is strongly recommended that you conduct thorough research and consult with a professional financial advisor before making any investment or trading decisions. Please conduct your own research and invest at your own risk.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9b52f376-8ce2-4634-922e-9b96072f9030

    The MIL Network –

  • MIL-Evening Report: To keep your cool in a heatwave, it may help to water your trees

    Source: The Conversation (Au and NZ) – By Gregory Moore, Senior Research Associate, School of Agriculture, Food and Ecosystem Sciences, The University of Melbourne

    Gena Melendrez/Shutterstock

    Heatwaves are among the world’s deadliest weather hazards. Every year, vast numbers of people are killed by heat stress and it can worsen health problems such as diabetes, asthma and heart disease.

    Unfortunately, the bitumen roads, brick and concrete structures and roofing tiles in cities can absorb and retain vast amounts of heat, much of which is released after the sun has set. This creates what’s known as the urban heat island effect. In fact, temperatures can be significantly higher in cities than in surrounding or rural areas.

    Trees and greenspace can drive down urban temperatures – but they must be able to draw water from the soil to achieve these massive cooling effects.

    In other words, it can sometimes be helpful to water your trees during a heatwave.

    Trees need to be able to access water in the soil to achieve transpiration.
    Tirachard Kumtanom/Shutterstock

    How trees keep us cool (and no, it’s not just about shade)

    Trees reduce urban temperatures in two significant ways. One is by the shade they provides and the other is through their cooling effect – and no, they’re not the same thing.

    Water is taken up via a plant’s roots, moves through the stems or trunks and is then misted into the air from the leaves through little holes called stomata. This is called transpiration, and it helps cool the air around leaves.

    Transpiration helps cools the air around a plant’s leaves.
    grayjay/Shutterstock

    Water can also evaporate from soil and other surfaces. The combined loss of water from plants and soil is called evapotranspiration.

    The cooling effects of evapotranspiration vary but are up to 4°C, depending on other environmental factors.

    Watering your trees

    If heatwaves occur in generally hot, dry weather, then trees will provide shade – but some may struggle with transpiration if the soil is too dry.

    This can reduce the cooling effect of trees. Keeping soil moist and plants irrigated, however, can change that.

    The best time to irrigate is early in the morning, as the water is less likely to evaporate quickly before transpiration can occur.

    You don’t need to do a deep water; most absorbing roots are close to the surface, so a bit of brief irrigation will often do the trick. You could also recycle water from your shower. Using mulch helps trap the water in the soil, giving the roots time to absorb it before it evaporates.

    All transpiring plants have a cooling effect on the air surrounding them, so you might wonder if trees have anything special to offer in terms of the urban heat island effect and heatwaves.

    Their great size means that they provide much larger areas of shade than other plants and if they are transpiring then there are greater cooling effects.

    The surface area of tree leaves, which is crucial to the evaporative cooling that takes place on their surfaces, is also much greater than many other plants.

    Another advantage is that trees can be very long lived. They provide shade, cooling and other benefits over a very long time and at relatively low cost.

    Not all trees

    All that said, I don’t want to overstate the role of urban trees in heatwaves when soils are dry.

    Some trees cease transpiring early as soils dry, but others will persist until they wilt.

    Careful tree selection can help maximise the cooling effects of the urban forest. Trees that suit the local soil and can cope with some drying while maintaining transpiration can provide greater cooling

    And, of course, it is important to follow any water restriction rules or guidelines that may be operating in your area at the time.

    Trees keep us cool

    Despite the clear benefits trees can provide in curbing heat, tree numbers and canopy cover are declining annually in many Australian cities and towns.

    Housing development still occurs without proper consideration of how trees and greenspace improve residents’ quality of life.

    It is not an either/or argument. With proper planning, you can have both new housing and good tree canopy cover.

    We should also be cautious of over-pruning urban trees.

    Trees help us when we help them.
    maxim ibragimov/Shutterstock

    Trees cannot eliminate the effects of a heatwave but can mitigate some of them.

    Anything that we can do to mitigate the urban heat island effect and keep our cities and towns cooler will reduce heat-related illness and associated medical costs.

    Gregory Moore is affiliated with Make Victoria Greener, which campaigns to preserve trees in Victoria.

    – ref. To keep your cool in a heatwave, it may help to water your trees – https://theconversation.com/to-keep-your-cool-in-a-heatwave-it-may-help-to-water-your-trees-246486

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI USA: Capito Votes to Confirm Bondi as Attorney General

    US Senate News:

    Source: United States Senator for West Virginia Shelley Moore Capito

    WASHINGTON, D.C. – U.S. Senator Shelley Moore Capito (R-W.Va.) issued the following statement after voting to confirm Pam Bondi to serve as the next Attorney General of the United States:

    “Pam Bondi has an accomplished legal career as both a state prosecutor for nearly two decades and a two-term Florida Attorney General and has consistently demonstrated her respect for the law. She has experience with tackling our shared priorities of the drug crisis, violent crime and human trafficking, and recidivism rates. As Attorney General, Bondi will focus on the rule of law and restoring trust and respect back to the Department of Justice. I was proud to vote for her confirmation on the Senate floor,” Senator Capito said.

    Senator Capito previously met with Bondi in January 2025 to discuss her nomination and learn more about her vision to lead the department.

    MIL OSI USA News –

  • MIL-OSI: Melexis Q4 and FY 2024 results – Full year sales of 932.8 million EUR

    Source: GlobeNewswire (MIL-OSI)

    Regulated information

    Intermediate declaration by the Board of Directors

    Ieper, Belgium – February 5th, 2025, 07.00 hrs CET

    Dear,

    Please find herewith the link to our most recent press release:

    https://www.melexis.com/en/news/2025/financial/melexis-q4-2024-results

    Attachment

    The MIL Network –