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Category: Transport

  • MIL-OSI United Nations: 30 June 2025 News release Social connection linked to improved heath and reduced risk of early death

    Source: World Health Organisation

    The World Health Organization (WHO) Commission on Social Connection has released its global report revealing that 1 in 6 people worldwide is affected by loneliness, with significant impacts on health and well-being. Loneliness is linked to an estimated 100 deaths every hour—more than 871 000 deaths annually. Strong social connections can lead to better health and longer life, the report says.

    “In this Report, we pull back the curtain on loneliness and isolation as a defining challenge of our time. Our Commission lays out a road map for how we can build more connected lives and underscores the profound impact this can have on health, educational, and economic outcomes,” said Dr Vivek Murthy, Co-chair of the WHO Commission on Social Connection, and former Surgeon General of the United States of America.

    WHO defines social connection as the ways people relate to and interact with others. Loneliness is described as the painful feeling that arises from a gap between desired and actual social connections, while social isolation refers to the objective lack of sufficient social connections.

    “In this age when the possibilities to connect are endless, more and more people are finding themselves isolated and lonely,” said Dr Tedros Adhanom Ghebreyesus, WHO Director-General. “Apart from the toll it takes on individuals, families and communities, left unaddressed, loneliness and social isolation will continue to cost society billions in terms of health care, education, and employment. I welcome the Commission’s report, which shines a light on the scale and impact of loneliness and isolation, and outlines key areas in which we can help people to reconnect in ways that matter most.”

    Scale and causes of loneliness and social isolation

    Loneliness affects people of all ages, especially youth and people living in low- and middle-income countries (LMIC). Between 17–21% of individuals aged 13–29-year-olds reported feeling lonely, with the highest rates among teenagers. About 24% of people in low-income countries reported feeling lonely — twice the rate in high-income countries (about 11%).

    “Even in a digitally connected world, many young people feel alone. As technology reshapes our lives, we must ensure it strengthens—not weakens—human connection. Our report shows that social connection must be integrated into all policies—from digital access to health, education, and employment,” said Chido Mpemba, Co-chair of the WHO Commission on Social Connection and Advisor to the African Union Chairperson. 

    While data on social isolation is more limited, it is estimated to affect up to 1 in 3 older adults and 1 in 4 adolescents. Some groups, such as people with disabilities, refugees or migrants, LGBTQ+ individuals, and indigenous groups and ethnic minorities, may face discrimination or additional barriers that make social connection harder.

    Loneliness and social isolation have multiple causes. They include, for instance, poor health, low income and education, living alone, inadequate community infrastructure and public policies, and digital technologies. The report underscores the need for vigilance around the effects of excessive screen time or negative online interactions on the mental health and well-being of young people.  

    Impacts on health, quality of life and economies

    Social connection can protect health across the lifespan. It can reduce inflammation, lower the risk of serious health problems, foster mental health, and prevent early death. It can also strengthen the social fabric, contributing to making communities healthier, safer and more prosperous. 

    In contrast, loneliness and social isolation increase the risk of stroke, heart disease, diabetes, cognitive decline, and premature death. It also affects mental health, with people who are lonely twice as likely to get depressed. Loneliness can also lead to anxiety, and thoughts of self-harm or suicide.

    The impacts extend to learning and employment. Teenagers who felt lonely were 22% more likely to get lower grades or qualifications. Adults who are lonely may find it harder to find or maintain employment and may earn less over time.

    At a community level, loneliness undermines social cohesion and costs billions in lost productivity and health care. Communities with strong social bonds tend to be safer, healthier and more resilient, including in response to disasters.

    A path to healthier societies

    The report of the WHO Commission on Social Connection outlines a roadmap for global action focusing on five key areas: policy, research, interventions, improved measurement (including developing a global Social Connection Index), and public engagement, to shift social norms and bolster a global movement for social connection.

    Solutions to reduce loneliness and social isolation exist at multiple levels – national, community and individual – and range from raising awareness and changing national policies to strengthening social infrastructure (e.g., parks, libraries, cafés) and providing psychological interventions.

    Most people know what it feels like to be lonely. And each person can make a difference through simple, everyday steps—like reaching out to a friend in need, putting away one’s phone to be fully present in conversation, greeting a neighbor, joining a local group, or volunteering. If the problem is more serious, finding out about available support and services for people who feel lonely is important.

    The costs of social isolation and loneliness are high, but the benefits of social connection are far-reaching.

    With the release of the Commission report, WHO calls on all Member States, communities and individuals to make social connection a public health priority.

    Access the full report here

    Editor’s notes 

    The report launch follows the first-ever resolution on social connection, adopted by the World Health Assembly (WHA) in May 2025, which urges Member States to develop and implement evidence-based policies, programmes and strategies to raise awareness and promote positive social connection for mental and physical health. At the WHA, WHO also announced a new campaign called “Knot Alone” to promote social connection for better health. Tune in to WHO’s social media channels to follow the campaign.  

    As part of its broader efforts, WHO has also launched the Social Connection Series to explore the lived experience of loneliness and social isolation. Learn more about the series here.

    MIL OSI United Nations News –

  • The Dalai Lama, a tireless advocate for Tibet and its people

    Source: Government of India

    Source: Government of India (4)

    The Dalai Lama, the spiritual head of Tibetan Buddhism, has often called himself a simple monk, but for more than 60 years armed with little more than charm and conviction, he has managed to keep the cause of his people in the international spotlight.

    Tenzin Gyatso, the 14th Dalai Lama, fled into exile in India in 1959 with thousands of other Tibetans after a failed uprising against Chinese rule. Since then, he has advocated for a non-violent “Middle Way” to seeking autonomy and religious freedom for Tibetan people, gaining the 1989 Nobel Peace Prize for his efforts.

    He has met with scores of world leaders, while inspiring millions with his cheerful disposition and views on life such as “Be kind whenever possible. It is always possible.”

    But his popularity irks China which views him as a dangerous separatist, with one former Communist Party boss describing him as “a jackal” and having “the heart of a beast”.

    The Dalai Lama turns 90 on Sunday, a particularly important birthday as he has flagged that he may say more about a potential successor around then. Tibetan tradition holds that the soul of a senior Buddhist monk is reincarnated in the body of a child upon his death.

    In a book, “Voices for the Voiceless”, published earlier this year, he said Tibetans worldwide want the institution of the Dalai Lama to continue after his death and specified that his successor would be born in the “free world”, which he described as outside China.

    The statements were his strongest yet about the likelihood of a successor. In previous years, he has also said that his successor might be a girl and it is possible that there might be no successor at all.

    He has, however, stated that any successor chosen by China, which has piled pressure on foreign governments to shun him, will not be respected.

    FLIGHT INTO EXILE

    The Dalai Lama was born Lhamo Dhondup in 1935 to a family of buckwheat and barley farmers in what is now the northwestern Chinese province of Qinghai. At the age of two, he was deemed by a search party to be the 14th reincarnation of Tibet’s spiritual and temporal leader after identifying several of his predecessor’s possessions.

    China took control of Tibet in 1950 in what it called “a peaceful liberation” and the teenage Dalai Lama assumed a political role shortly after, travelling to Beijing to meet Mao Zedong and other Chinese leaders. Nine years later, fears that the Dalai Lama could be kidnapped fuelled a major rebellion.

    The subsequent crackdown by the Chinese army forced him to escape disguised as a common soldier from the palace in Lhasa where his predecessors had held absolute power.

    The Dalai Lama fled to India, settling in Dharamshala, a Himalayan town where he lives in a compound next to a temple ringed by green hills and snow-capped mountains. There, he opened up his government-in-exile to ordinary Tibetans with an elected parliament.

    Disillusioned with how little he had gained from his efforts to engage with Beijing, he announced in 1988 that he had given up on seeking full independence from China, and instead would be seeking cultural and religious autonomy within China.

    In 2011, the Dalai Lama announced he would relinquish his political role, handing over those responsibilities to an elected leader for the Tibetan government-in-exile.

    But he remains active and these days, the Dalai Lama, clad in his customary maroon and saffron robes, continues to receive a constant stream of visitors.

    He has had a number of health problems, including knee surgery and walks with difficulty. Despite that, he expects to live for a long time yet.

    “According to my dream, I may live 110 years,” he told media in December.

    (Reuters)

  • The Dalai Lama, a tireless advocate for Tibet and its people

    Source: Government of India

    Source: Government of India (4)

    The Dalai Lama, the spiritual head of Tibetan Buddhism, has often called himself a simple monk, but for more than 60 years armed with little more than charm and conviction, he has managed to keep the cause of his people in the international spotlight.

    Tenzin Gyatso, the 14th Dalai Lama, fled into exile in India in 1959 with thousands of other Tibetans after a failed uprising against Chinese rule. Since then, he has advocated for a non-violent “Middle Way” to seeking autonomy and religious freedom for Tibetan people, gaining the 1989 Nobel Peace Prize for his efforts.

    He has met with scores of world leaders, while inspiring millions with his cheerful disposition and views on life such as “Be kind whenever possible. It is always possible.”

    But his popularity irks China which views him as a dangerous separatist, with one former Communist Party boss describing him as “a jackal” and having “the heart of a beast”.

    The Dalai Lama turns 90 on Sunday, a particularly important birthday as he has flagged that he may say more about a potential successor around then. Tibetan tradition holds that the soul of a senior Buddhist monk is reincarnated in the body of a child upon his death.

    In a book, “Voices for the Voiceless”, published earlier this year, he said Tibetans worldwide want the institution of the Dalai Lama to continue after his death and specified that his successor would be born in the “free world”, which he described as outside China.

    The statements were his strongest yet about the likelihood of a successor. In previous years, he has also said that his successor might be a girl and it is possible that there might be no successor at all.

    He has, however, stated that any successor chosen by China, which has piled pressure on foreign governments to shun him, will not be respected.

    FLIGHT INTO EXILE

    The Dalai Lama was born Lhamo Dhondup in 1935 to a family of buckwheat and barley farmers in what is now the northwestern Chinese province of Qinghai. At the age of two, he was deemed by a search party to be the 14th reincarnation of Tibet’s spiritual and temporal leader after identifying several of his predecessor’s possessions.

    China took control of Tibet in 1950 in what it called “a peaceful liberation” and the teenage Dalai Lama assumed a political role shortly after, travelling to Beijing to meet Mao Zedong and other Chinese leaders. Nine years later, fears that the Dalai Lama could be kidnapped fuelled a major rebellion.

    The subsequent crackdown by the Chinese army forced him to escape disguised as a common soldier from the palace in Lhasa where his predecessors had held absolute power.

    The Dalai Lama fled to India, settling in Dharamshala, a Himalayan town where he lives in a compound next to a temple ringed by green hills and snow-capped mountains. There, he opened up his government-in-exile to ordinary Tibetans with an elected parliament.

    Disillusioned with how little he had gained from his efforts to engage with Beijing, he announced in 1988 that he had given up on seeking full independence from China, and instead would be seeking cultural and religious autonomy within China.

    In 2011, the Dalai Lama announced he would relinquish his political role, handing over those responsibilities to an elected leader for the Tibetan government-in-exile.

    But he remains active and these days, the Dalai Lama, clad in his customary maroon and saffron robes, continues to receive a constant stream of visitors.

    He has had a number of health problems, including knee surgery and walks with difficulty. Despite that, he expects to live for a long time yet.

    “According to my dream, I may live 110 years,” he told media in December.

    (Reuters)

  • Char Dham Yatra resumes after 24-hour suspension amid heavy rainfall

    Source: Government of India

    Source: Government of India (4)

    The Char Dham Yatra resumed on Monday after a 24-hour suspension was lifted, officials said, as weather conditions slightly improved in parts of Uttarakhand. The pilgrimage had been halted due to continuous rainfall and the heightened risk of landslides across key routes.

    Garhwal Divisional Commissioner Vinay Shankar Pandey confirmed the development, saying, “The 24-hour ban on the Char Dham Yatra has been lifted.” District Magistrates across the Yatra route have been asked to regulate vehicular movement depending on local weather conditions, he added.

    The suspension was imposed on Sunday as a precautionary measure following a cloudburst near Silai on the Barkot-Ydamunotri road in Uttarkashi district. 

    The cloudburst occurred near an under-construction hotel, where 29 workers had taken shelter. Twenty of them were rescued. Debris from the site blocked multiple points along the Yamunotri National Highway, affecting access to the shrine. Authorities later cleared the route, officials said.

    Elsewhere, roads remained blocked in several parts of the state. Landslides disrupted traffic on the National Highway near Nandprayag and Bhaneropani. The Sonprayag–Munkatiya road in Rudraprayag — a key segment for Kedarnath-bound pilgrims — also remained closed.

    Heavy rain has continued in Chamoli, Pauri Garhwal, Dehradun, Rudraprayag and nearby districts. With rivers flowing dangerously close to the danger mark, the administration has issued fresh advisories urging people living near riverbanks to stay alert and take necessary precautions.

    The Char Dham Yatra, which includes pilgrimages to Kedarnath, Badrinath, Gangotri and Yamunotri, sees lakhs of devotees each year. This year’s yatra has been frequently affected by extreme weather conditions.

    -IANS

  • Char Dham Yatra resumes after 24-hour suspension amid heavy rainfall

    Source: Government of India

    Source: Government of India (4)

    The Char Dham Yatra resumed on Monday after a 24-hour suspension was lifted, officials said, as weather conditions slightly improved in parts of Uttarakhand. The pilgrimage had been halted due to continuous rainfall and the heightened risk of landslides across key routes.

    Garhwal Divisional Commissioner Vinay Shankar Pandey confirmed the development, saying, “The 24-hour ban on the Char Dham Yatra has been lifted.” District Magistrates across the Yatra route have been asked to regulate vehicular movement depending on local weather conditions, he added.

    The suspension was imposed on Sunday as a precautionary measure following a cloudburst near Silai on the Barkot-Ydamunotri road in Uttarkashi district. 

    The cloudburst occurred near an under-construction hotel, where 29 workers had taken shelter. Twenty of them were rescued. Debris from the site blocked multiple points along the Yamunotri National Highway, affecting access to the shrine. Authorities later cleared the route, officials said.

    Elsewhere, roads remained blocked in several parts of the state. Landslides disrupted traffic on the National Highway near Nandprayag and Bhaneropani. The Sonprayag–Munkatiya road in Rudraprayag — a key segment for Kedarnath-bound pilgrims — also remained closed.

    Heavy rain has continued in Chamoli, Pauri Garhwal, Dehradun, Rudraprayag and nearby districts. With rivers flowing dangerously close to the danger mark, the administration has issued fresh advisories urging people living near riverbanks to stay alert and take necessary precautions.

    The Char Dham Yatra, which includes pilgrimages to Kedarnath, Badrinath, Gangotri and Yamunotri, sees lakhs of devotees each year. This year’s yatra has been frequently affected by extreme weather conditions.

    -IANS

  • MIL-OSI Banking: CNB cuts red tape further: relief package for the financial market enters into force

    Source: Czech National Bank

    The Czech National Bank is simplifying doing business in the financial market. As of 1 July 2025, it will abolish dozens of redundant rules and unjustified administrative requirements set out in 19 decrees. This will ease the regulatory burden on financial institutions, allowing them to devote more time and resources to client care, innovation and service development. The CNB’s decision is based on the findings of its own gold plating analysis in the area of financial market regulation, completed earlier this year.

    The new decree, effective from 1 July 2025, will eliminate requirements in areas governed by EU law where Czech legislation has so far gone beyond the relevant EU rules. Most often these are details of rules laid down by law or administrative acts that are no longer of practical use.

    “We have already scrapped 14 official information documents and are now getting rid of more rules and reporting duties from our decrees – 36 unnecessary measures in total. We’re delivering on our promise. Financial institutions will no longer have to complete reports that provide no new information or resubmit information the CNB already has. We’re cutting red tape and making it easier to do business. Our aim is clear: less paperwork, more room for business,” said Czech National Bank Governor Aleš Michl.

    A number of obligations are set out directly in law, and changes to legislation do not fall within the remit of the central bank. The CNB has therefore proposed to the Ministry of Finance the abolition of a further 41 obligations or restrictions that could significantly reduce the regulatory burden on the financial market.

    In recent decades, there has been a substantial increase in regulatory requirements in financial services – often due to gold plating, i.e. where Czech regulations impose additional obligations on market participants beyond those required by the European Union. This has resulted in higher administrative and operational costs, which may indirectly affect the availability and prices of financial services for clients. The change introduced by the CNB contributes to improving the regulatory environment, strengthens competitiveness and supports the further development of the financial market in the Czech Republic.

    Selected examples of changes

    Banks and branches of foreign banks

    The loan concentration and profit distribution statements are being abolished. The CNB will obtain the necessary data from other sources, saving banks time and reporting costs.

    National requirements on risk management, asset assessment and information disclosure are being repealed – European regulation and international accounting standards (for example, IFRS 9) are sufficient.

    Collective investment

    Real estate fund administrators are no longer required to report detailed information on the expert committee – such as its members’ education and professional experience – separately to the CNB. The CNB will obtain the information it needs about the expert committee for the purpose of carrying out its tasks from other available sources.

    The “Structure of assets of a managed fund” statement is being abolished, as most of the information it contains can be obtained from other, more detailed statements. European regulation does not require the submission of this statement.

    Pan-European Personal Pension Product (PEPP) distributors

    The notification of the start and end of PEPP distribution is being simplified, and the statement containing, for example, the number of contracts concluded or the volume of investments, is being abolished. European regulation does not require the collection of these data.

    General licensing requirements (for example, activities on the capital market, insurance and reinsurance distribution, supplementary pension savings, consumer credit, the non-performing loan market and collective investment)

    An affidavit of legal capacity now only needs to be submitted if the person being assessed is not listed in the basic registers and no other usable documentation is available.

    Jakub Holas
    Director, CNB Communications Division

    MIL OSI Global Banks –

  • MIL-OSI United Kingdom: City to take a stand against anti-social behaviour

    Source: City of Wolverhampton

    ASB Awareness Week 2025, which begins today (Monday 30 June, 2025), aims to encourage communities to make a stand against ASB and highlight the actions that can be taken by those experiencing it.

    Organised by Resolve, the UK’s leading ASB and community safety organisation, the week features a series of events all across the UK, involving councils, police, housing associations, charities, community groups and sports clubs.

    The council and its partners, including West Midlands Police and the Wolverhampton ASB Team, will be carrying out community engagement activities, patrols, while School Intervention Prevention Officers and Violence Reduction Partnership will be working with local schools to educate pupils about the issue of ASB.

    The council is also urging members of the public not to suffer in silence if they experience ASB. Incidents can be reported to the Wolverhampton ASB Team on 01902 556789, by email via asbu@wolverhamptonhomes.org.uk or at Report anti-social behaviour, or to the police on 101 or 999 in an emergency.

    Councillor Obaida Ahmed, Cabinet Member for Health, Wellbeing and Community, said: “We know that anti-social behaviour can cause a great deal of distress, and that’s why we’re committed to working with the public and other organisations across Wolverhampton to investigate and resolve issues as soon as possible.

    “Statistics show that 56% of victims and witnesses don’t report ASB, but nobody should suffer in silence. So, our message is clear – if you see something, make sure you report it.

    “We also have a range of events taking place in Wolverhampton to support ASB Awareness Week and I encourage residents to take part and help make it clear that ASB has no place in Wolverhampton.”

    As well as patrols and engagement activities there will be information pop-ups at Bilston Indoor Market today (Monday) from 10am to 2pm, Warstones Library tomorrow (Tuesday) from 2pm to 5pm, the Avion Centre in Whitmore Reans on Wednesday from 11am to 2pm, the Civic Centre on Friday from noon to 1pm and Wolverhampton bus station on Friday from 2.30pm to 4pm.

    Meanwhile, Resolve is hosting a series of webinars throughout the week as part of its summit, beginning with one to officially launch ASB Awareness Week today at noon. For more details, visit Resolve Summit 2025. 
     

    MIL OSI United Kingdom –

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

    Translation. Region: Russian Federal

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

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

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

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

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

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

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

    MIL OSI Russia News –

  • MIL-OSI: Bitcoin Alpha Launches on Bitcoin Thunderbolt to Highlight Nubit and Brewing Big Bitcoin Ecosystem Bang

    Source: GlobeNewswire (MIL-OSI)

    New York, June 30, 2025 (GLOBE NEWSWIRE) — Bitcoin Thunderbolt, the recently launched upgrade of Bitcoin supported by Satoshi-era miners and early contributors, including Nubit. As the only native boosting solution and stablecoin settlement layer on Bitcoin, earlier this month, the Trump family–backed crypto project WLFI integrated its stablecoin USD1 into Bitcoin Thunderbolt.

    On June 25th, Bitcoin Thunderbolt unveils Bitcoin Alpha, a new initiative aimed at accelerating the growth of Bitcoin by encouraging meaningful participation in network activity, where contributions are recognized through the Alpha Points system. Bitcoin Alpha is built on a simple belief: that the future of Bitcoin belongs to those who build it. As the most widely adopted upgrade and soft fork on Bitcoin in the past decade, Thunderbolt has already facilitated over 4 million transactions and 267,000 unique users, making it the natural foundation for Bitcoin Alpha’s launch.

    Bitcoin Alpha offers a rare opportunity for early participants to help shape the next wave of innovation on Bitcoin. Open to all Bitcoin users, it encourages meaningful contributions across the ecosystem. Depending on when and how they engage, early contributors may receive up to 10× Alpha Point multipliers. As part of its evolving roadmap, Bitcoin Alpha will also introduce Thunderbolt Station, decentralized payment nodes designed to support the long-term utility and liquidity of Bitcoin Thunderbolt. Station operators may unlock access to incentives like Boosting Codes and other forms of economic alignment. These mechanics are designed to reward meaningful contributions while ensuring the long-term sustainability of Bitcoin.

    The first phase of Bitcoin Alpha has already attracted over 50 project submissions, including teams backed by academic institutions and investors such as Polychain. All selected projects share defining traits: they are shipping real products and making meaningful contributions to Bitcoin’s long-term resilience and growth. With Bitcoin Thunderbolt offering faster payment rails, Bitcoin is now poised for what may be its most significant wave of growth in over a decade.

    The MIL Network –

  • MIL-OSI: Bitcoin Alpha Launches on Bitcoin Thunderbolt to Highlight Nubit and Brewing Big Bitcoin Ecosystem Bang

    Source: GlobeNewswire (MIL-OSI)

    New York, June 30, 2025 (GLOBE NEWSWIRE) — Bitcoin Thunderbolt, the recently launched upgrade of Bitcoin supported by Satoshi-era miners and early contributors, including Nubit. As the only native boosting solution and stablecoin settlement layer on Bitcoin, earlier this month, the Trump family–backed crypto project WLFI integrated its stablecoin USD1 into Bitcoin Thunderbolt.

    On June 25th, Bitcoin Thunderbolt unveils Bitcoin Alpha, a new initiative aimed at accelerating the growth of Bitcoin by encouraging meaningful participation in network activity, where contributions are recognized through the Alpha Points system. Bitcoin Alpha is built on a simple belief: that the future of Bitcoin belongs to those who build it. As the most widely adopted upgrade and soft fork on Bitcoin in the past decade, Thunderbolt has already facilitated over 4 million transactions and 267,000 unique users, making it the natural foundation for Bitcoin Alpha’s launch.

    Bitcoin Alpha offers a rare opportunity for early participants to help shape the next wave of innovation on Bitcoin. Open to all Bitcoin users, it encourages meaningful contributions across the ecosystem. Depending on when and how they engage, early contributors may receive up to 10× Alpha Point multipliers. As part of its evolving roadmap, Bitcoin Alpha will also introduce Thunderbolt Station, decentralized payment nodes designed to support the long-term utility and liquidity of Bitcoin Thunderbolt. Station operators may unlock access to incentives like Boosting Codes and other forms of economic alignment. These mechanics are designed to reward meaningful contributions while ensuring the long-term sustainability of Bitcoin.

    The first phase of Bitcoin Alpha has already attracted over 50 project submissions, including teams backed by academic institutions and investors such as Polychain. All selected projects share defining traits: they are shipping real products and making meaningful contributions to Bitcoin’s long-term resilience and growth. With Bitcoin Thunderbolt offering faster payment rails, Bitcoin is now poised for what may be its most significant wave of growth in over a decade.

    The MIL Network –

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

    Source: GlobeNewswire (MIL-OSI)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    Follow us on social media
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    The MIL Network –

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

    Source: GlobeNewswire (MIL-OSI)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    Follow us on social media
    LinkedIn X Instagram Facebook YouTube

    The MIL Network –

  • MIL-OSI China: Airbus eyes further growth with Chinese market

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

    Guests attending the delivery ceremony of the 700th A320 family aircraft assembled by Airbus Tianjin to Chengdu Airlines pose for a group photo in front of the A320neo aircraft in Tianjin, north China, July 8, 2024. [Photo/Xinhua]

    Forty years after delivering its first aircraft to the Chinese mainland, Airbus is eyeing further growth in the biggest single-country market for its aircraft.

    Currently, about 2,200 Airbus planes are in service in China, accounting for more than 50 percent of China’s civil aviation market, compared with less than 10 percent in 1995, according to Airbus China.

    Despite decades of rapid development, China’s aviation industry is far from saturation and still has huge potential for growth, said George Xu, Airbus executive vice president and CEO of Airbus China. Airbus estimates that China will need approximately 9,000 new planes over the next 20 years.

    As an example of high-tech cooperation between China and Europe, the collaboration between Airbus and China encompasses research and development, manufacturing and final assembly, operational support, dismantling, and recycling after retirement.

    Since its launch in 2008, the Tianjin Airbus A320 Family Final Assembly Line (FAL) has produced about one-third of the more than 2,000 Airbus aircraft currently in service in China’s fleet, and has also delivered planes to customers in Europe, Asia and the Middle East. The second A320 Family FAL in Tianjin is expected to be completed by the end of this year and start production early next year, which is expected to double its production capacity in China.

    Currently, approximately 200 suppliers in China support the production of Airbus’ commercial aircraft, with the total value of such industrial cooperation exceeding 1 billion U.S. dollars a year, according to Airbus China.

    As part of the celebrations marking 40 years of Airbus’ business in China, a refurbishment project for the first Airbus aircraft — an A310 — that was delivered to China in 1985 and retired in 2006, was jointly launched by Airbus, the China Civil Aviation Science Popularization Foundation, and the Civil Aviation Museum in Beijing on June 25.

    Cooperation between Airbus and China is a win-win model, which not only has contributed to China’s aviation industry and the global aviation industry chain but also has significantly increased Airbus’ market share in China, while enhancing its competitiveness and industrial resilience, said Xu.

    “China’s suppliers, such as Aviation Industry Corporation of China and many private enterprises, have shown strong competitiveness. On the basis of competitiveness, we will deepen cooperation with various suppliers and cooperate with China’s supply chain to achieve a win-win situation,” said Xu. “I believe that China will play a very important role in helping to strengthen the global aviation supply chain in the future.”

    In the future, there is much potential to be tapped in terms of cooperation in decarbonization, digitalization and intelligence, said Xu, adding that China has many strengths in these areas.

    “Airbus is committed to being a trustworthy long-term partner of China’s civil aviation and contributing more to the high-quality development of China’s civil aviation,” Xu said. 

    MIL OSI China News –

  • MIL-OSI Asia-Pac: Contractor fined for violation of safety legislation

    Source: Hong Kong Government special administrative region

    Contractor fined for violation of safety legislation 
    The case involved a fatal accident that occurred on March 21, 2023, at a construction site on Anderson Road. It is suspected that a worker, while carrying out debris clearance work at a building under construction, fell from a height onto the canopy on the first floor of the building. The worker was unconscious and passed away on the same day.
    Issued at HKT 14:47

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-Evening Report: Warmer seas are fuelling the dangerous ‘weather bomb’ about to hit NSW

    Source: The Conversation (Au and NZ) – By Steve Turton, Adjunct Professor of Environmental Geography, CQUniversity Australia

    Heavy surf and intense rains hit Sydney beaches during a 2020 East Coast Low. Lee Hulsman/Getty

    Right now, a severe storm likely to be the first significant east coast low in three years is developing off the coast of New South Wales. It’s expected to intensify today before approaching the coastline on Tuesday. Huge waves, sustained heavy rains and very strong winds are likely.

    At this stage, it’s expected to linger offshore south of Coffs Harbour – the same area hit hard by unprecedented floods on the Mid-North Coast last month. Residents on the coast or in low-lying areas have been asked to prepare.

    There’s nothing new about east coast lows, intense winter storms which can hit coastlines anywhere from southern Queensland to Tasmania. But what is new are the historically warm seas. Just like a tropical cyclone, east coast lows feed on ocean heat. And just like a tropical cyclone, they can intensify rapidly if the conditions are right.

    The storm looming this week has been intensifying very fast, to the point it could be classified as a “weather bomb” – a storm undergoing explosive cyclogenesis.

    If the storm shapes up as predicted, we can expect to see damage to houses and trees as well as significant beach erosion – especially in heavily populated areas exposed to the storm’s southern flank.

    The Bureau of Meteorology is issuing warnings about the looming east coast low.

    What to expect from this storm

    It’s too early to say just how bad this storm will be. Much depends on how intense it becomes and how close it tracks to the coast.

    Earlier storms have caused flooding of businesses and properties and significant disruptions to transport networks and electricity supplies.

    The Bureau of Meteorology is forecasting strong to damaging winds and moderate to heavy rain for this deepening weather system from Tuesday onwards, and hazardous surf conditions for much of the week.

    Sea surface temperatures are 1 to 2.5°C above average off most of the NSW coast. This ocean heat will act as fuel for the storm, boosting the chance of even stronger winds and heavy rain if the centre moves closer to the coast and slows down.

    The NSW winter storm is intensifying and is expected to hit the Mid-North Coast on Tuesday 1 July.
    Bureau of Meteorology

    East coast lows are distinct

    Why do winter storms need their own title? East coast lows are quite distinct. They’re most common in autumn and winter, but they can occur any time.

    These weather systems usually form after an upper atmosphere low or deep trough gets stronger over eastern Australia.

    This triggers the development of a low pressure system at sea level near the coast to the east of the upper level system. These often intensify rapidly.

    During summer, these weather systems can occasionally form in the aftermath of a Coral Sea tropical cyclone as it moves towards the central east coast. By the time the decaying cyclone reaches the cooler waters of the Tasman Sea, it has lost its characteristic warm core. It can now rapidly transition into an east coast low.

    Two of Australia’s most populated areas, Sydney/Central Coast and Brisbane/Gold Coast are in the zone most likely to be affected by these intense storms.

    What role is climate change playing?

    About 90% of all extra heat trapped by greenhouse gases goes into the oceans. The world’s oceans are now at their warmest point on record.

    Marine heatwaves are causing many unwelcome changes. Warmer waters made South Australia’s ongoing devastating algal bloom more likely. A huge marine heatwave hit Western Australia’s Ningaloo Reef before heading south. In southeast Australia, the warm East Australian Current is pushing further south, taking warm-water species into Tasmanian waters.

    The steady warming of oceans off southeast Australia not only fuels more extreme weather but damages marine ecosystems and commercial fisheries.

    As climate change intensifies, researchers have found intense east coast lows will actually become less common in the future – but the storms which do form could be more dangerous. A similar trend is likely for tropical cyclones around Australia.

    As the world gets hotter still, the intensity of rainfall extremes associated with these weather systems is expected to rise – especially short-duration rainfall.

    That means a higher risk of river and flash flooding, more damage from high energy wind and waves along exposed coasts and significant erosion of beaches and cliffs. Damage to the coasts will be worsened by rising sea levels.

    Bracing for more extremes

    It’s been a terrible six months for extreme weather. The year started with severe flooding in northern Queensland in February, followed soon after by Tropical Cyclone Alfred which hit heavily populated parts of southeast Queensland and northern New South Wales.

    A couple of weeks later, intense rains devastated western Queensland, causing huge livestock losses. But even as floods hit the east coast, farmers across the continent’s southern reaches are struggling with extreme drought.

    As the Mid-North Coast braces for yet more extreme weather, residents should heed warnings from the Bureau of Meteorology, visit the NSW emergencies and natural disasters website and listen to information provided by the national broadcaster.

    Steve Turton has received funding from the Australian government.

    – ref. Warmer seas are fuelling the dangerous ‘weather bomb’ about to hit NSW – https://theconversation.com/warmer-seas-are-fuelling-the-dangerous-weather-bomb-about-to-hit-nsw-260070

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: Here’s how First Nations landholders can share the benefits of the NSW energy transition

    Source: The Conversation (Au and NZ) – By Heidi Norman, Professor of Australian and Aboriginal history, Faculty of Arts, Design and Architecture, Convenor: Indigenous Land & Justice Research Group, UNSW Sydney

    Hay Local Aboriginal Land Council staff and members with researchers and actuaries from Finity Consulting. UNSW Indigenous Land and Justice Research Group

    The shift to clean, renewable sources of energy presents a rare opportunity for First Nations people, not only as energy users but as landholders.

    We wanted to explore the potential for First Nations land in the energy transition across New South Wales. The transition is well underway, but the pace must accelerate to meet state targets for 2030 and beyond.

    Our new report found the state’s 121 Aboriginal Land Councils have an opportunity to partner with renewable developers and build solar, wind or transmission lines on their own land.

    Such projects can offer jobs during construction and a smaller number of ongoing positions, as well as annual payments. This is why farmers and other landholders often look to renewable projects as a reliable source of income.

    To date, the 447 square kilometres of the state owned by Aboriginal Land Councils has not been actively used in the energy transition. As a result, First Nations involvement in the transition has been limited and the renewables boom has not flowed to these communities.

    Making this opportunity a reality will require collaboration with governments, electricity networks and industry, as well as policy support.

    The role of land councils

    In NSW, land councils have been operating since 1983, the year the state government passed laws recognising Aboriginal land rights. About a third of Australia’s First Nations people live in NSW.

    Each land council is governed by Aboriginal members, and they are located in most country towns and across Sydney.

    Land councils have a statutory responsibility “to improve, protect and foster the best interests of all Aboriginal persons within the Council’s area and other persons who are members of the Council”. These councils manage their land to protect culture and heritage.

    Generating wealth through the development of Aboriginal land is a key objective of Aboriginal land rights in NSW.

    Aboriginal goals in the energy transition

    Following analysis of the land potentially available to renewable energy projects, our research moved on to exploring what Aboriginal land councils want from the energy transition.

    We ran workshops with three land councils: Tibooburra in the far northwest, Hay in the southwest and Brewarrina in the northwest of the state. Each had expressed interest in renewable developments and concern around exposure to extreme weather events.

    In these workshops, land council members told us about their priorities for energy.

    Reliable energy was a major concern for Tibooburra, far from the main electricity grid.

    For Brewarrina on the Barwon River, energy security in the face of heatwaves and floods was front of mind. High energy bills in housing ill-equipped for extreme weather was another big issue.

    Members of Hay land council told us they wanted ownership and equity share in renewable energy projects. Their goal was to create opportunities to live, work and care for Country.

    The Hay Local Aboriginal Land Council (brown) is found in the South-West Renewable Energy Zone, while Tibooburra (green) and Brewarrina (orange) land councils are more remote.
    Norman, H., et al. (2025) APPI Policy Insights Paper, CC BY-NC-SA

    Renewable energy, First Nations land

    Aboriginal land councils own and manage about 450 square km of land in NSW. Resolving outstanding land claims would further expand the estate.

    Our analysis reveals current land holdings could host up to 11 gigawatts of solar or 1.6 gigawatts of onshore wind energy projects.

    But several barriers stand in the way. There are long delays in the processing of Aboriginal land claims and the return of vacant Crown Land. This limits options for land councils to contribute to renewable energy development.

    Realising opportunities in the energy transition

    Our case studies demonstrate the potential for Aboriginal land to support the state government’s renewable energy efforts. This can also bring economic and social benefits to Aboriginal communities. But the opportunities will vary from place to place.

    In areas at the edge of the grid, such as Tibooburra and Brewarrina, Aboriginal land could help meet regional energy demand through small to mid-scale wind and solar projects, microgrids and batteries.

    Hay Local Aboriginal Land Council, on the other hand, is in the South-West Renewable Energy Zone. This is an area where new renewable energy projects, storage facilities and high-voltage transmission lines are already being constructed. Land under claim here holds huge economic potential for both mid-scale renewable energy (solar installations feeding into the local electricity network) and large-scale renewable energy projects.

    Unlocking the power of renewable energy zones (NSW EnergyCo)

    How can authorities support land councils?

    At present, local Aboriginal Land Councils need expertise and resources to turn this opportunity into reality.

    Our report identified four broad areas for policy reform:

    1. Build capacity for land councils to manage clean energy opportunities and risks on their landholdings. This could include establishing a dedicated government team to support interested land councils, and funding land councils to engage expertise and develop renewable energy projects.

    2. Enable collaboration between electricity network distributors and land councils to set up microgrids. One case study, Tibooburra Local Aboriginal Land Council had land suitable for a microgrid and battery to support the energy provider. But early-stage support is needed to develop such projects.

    3. Pilot programs to develop mid- and large-scale renewable energy projects on land council holdings. A partnership between lands councils and planning authorities could demonstrate a model for arranging approval processes. Programs by the Clean Energy Finance Corporation and the Australian Renewable Energy Agency have proven successful in the past. We recommend funding these organisations to run a program for land council-developer partnerships in large-scale renewables.

    4. Strengthen recognition of Aboriginal rights to unlock the renewable energy potential of Aboriginal land. This could include expediting land claims and land transfers and providing incentives for cooperation between land councils and Traditional Owners.

    The next five years will be crucial for NSW’s renewable energy transition. Getting the foundations right now could empower Aboriginal landholders and their regional communities to get the most out of this once-in-a-generation opportunity.

    Heidi Norman receives funding from the Australian Research Council, Australian Public Policy Institute, Boundless and the NSW Government.

    Saori Miyake receives funding from Australian Public Policy Institute and Boundless for this project.

    Sarah Niklas receives funding from the Australian Public Policy Institute and Boundless for this project.

    Therese Apolonio receives funding from Australian Public Policy Institute, Boundless and the NSW Government.

    – ref. Here’s how First Nations landholders can share the benefits of the NSW energy transition – https://theconversation.com/heres-how-first-nations-landholders-can-share-the-benefits-of-the-nsw-energy-transition-259702

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Submissions: Energy – Oil discovery in the Johan Castberg area in the Barents Sea – Equinor

    Source: Equinor

    30 JUNE 2025 – Equinor has struck oil in exploration well 7720/7-DD-1H, Drivis Tubåen, on the Johan Castberg field in the Barents Sea.

    The well was drilled in the Drivis structure on the Johan Castberg field in the Barents Sea. According to preliminary estimates the size of the discovery is 9-15 million barrels of oil.

    Grete Birgitte Haaland, Equinor’s senior vice president for Exploration & Production North

    “Only a short time after Johan Castberg came on stream and is producing at full capacity, we have made a new discovery that can provide additional reserves for the field. The Johan Castberg volume base originally estimated at 450–650 million barrels, our clear ambition is to increase the reserves by a another 250–550 million barrels. 

    “To realise this, we are planning six new exploration wells and continuous exploration activity. At the same time, we will develop Isflak as a rapid field expansion with planned start-up in 2028,” says Grete Birgitte Haaland, Equinor’s senior vice president for Exploration & Production North.

    The oil was proven in a new segment called the Tubåen formation 1769 metres below the seabed in 345 metres of water. The well was drilled by the Transocean Enabler drilling rig as an exploratory extension from a production well. The licensees will consider tie-in of the discovery to the Johan Castberg field.

    The Barents Sea is the least explored ocean area on the Norwegian continental shelf. With the Johan Castberg’s production facilities in place, it becomes more attractive to explore the neighbouring areas. Going forward, two rigs will drill both production wells and new exploration wells in the areas around Johan Castberg and Goliat. Equinor will drill one to two exploration wells annually around Johan Castberg.

    On 17 June, the field reached a plateau and is now producing about 220,000 barrels of oil per day. Every three to four days, a loaded tanker now departs from Johan Castberg.

    Facts

    Drivis Tubåen is the fourteenth exploration well in production licence 532. The licence was awarded in the 20th licensing round in 2009.
    Transocean Enabler is now continuing drilling operations on the Johan Castberg field in production licence 532 for Equinor.
    The partners in the Johan Castberg licence are operator Equinor (46.3 percent), Vår Energi (30 percent) and Petoro (23.7 percent).

    MIL OSI – Submitted News –

  • Imposition of Emergency was nothing short of Earthquake to destroy Democracy-VP

    Source: Government of India

    Source: Government of India (2)

    lign=”center”>During Emergency the highest court of the land got eclipsed, overturned the verdict of nine High Courts-VP
    The youth of today cannot afford to be unaware of the Emergency — the darkest period, says VP
    Academic institutions are natural organic crucibles of ideation and innovation-VP

    Vice-President, Shri Jagdeep Dhankhar today said that,  “50 years ago, this day, the oldest, the largest and now the most vibrant democracy went through difficult air pocket, unexpected hazard in the shape of headwinds, nothing short of earthquake to destroy democracy. It was imposition of emergency. The night was dark, the cabinet was sidelined. The beleaguered Prime Minister then facing an adverse High Court order, yielded to personal gain, ignoring the entire nation and the President trampled constitutionalism, signed declaration of emergency. What followed for 21, 22 months was turbulent period for our democracy, never imagined. The darkest period of democracy we had the occasion to see.”

    https://twitter.com/VPIndia/status/1937807255123988862

    Addressing students and faculty members as Chief Guest at the Golden Jubilee celebrations of Kumaon University in Nainital, Uttarakhand today he stated, “ A lakh and forty thousand people were put behind bars. They had no access to the justice system. They could not vindicate their Fundamental Rights. Nine High Courts, fortunately, stood the ground and they hail — emergency or no emergency — Fundamental Rights cannot be put on hold, ruling firmly that every citizen of the country has a right which can be fructified by judicial intervention. Unfortunately, the Supreme Court — the highest court of the land — got eclipsed. It overturned the verdict of nine High Courts. It ruled, it decided two things– Emergency declaration thereof is a decision of the Executive, not open to judicial review. And, it is also a decision on the time for how long it will last, and that citizens do not have Fundamental Rights while there is emergency. It was a major setback to the people at large.”

    https://twitter.com/VPIndia/status/1937812746008936600

    Underlining the significance of ‘Samvidhan Hatya Diwas’ for the youth of the day he said, “ Just reflect young boys and girls because you will have to learn about it unless you do it you will not know it. What happened to the Press? Who were the people put behind the bars? They became Prime Ministers of this country. They became Presidents of this country. That was the scenario and that is why to make aware our youth…….you are the most vital stakeholders in governance, in democracy. You therefore cannot forget. or cannot afford not to learn about that darkest period. Very thoughtfully the government of the day decided that this day will be celebrated as ‘Samvidhan Hatya Divas’. The celebration will be that it will never happen again. The celebration will be  that those guilty, those who allowed such kind of transgression of humanity’s rights,  spirit and essence of the Constitution. Who they were? why they did it? In the Supreme Court also, my friend will bear me out, one judge dissented H.R.Khanna, and it was commented by a leading newspaper in the US that if ever democracy returns to Bharat, a monument will surely be built for H.R. Khanna who held his ground.”

    https://twitter.com/VPIndia/status/1937815412747760044

    Stressing on the role of on campus learning, Shri Dhankhar said, “ Academic institutions are much beyond just learning centers for degrees and credentials. Otherwise, why there is difference between virtual learning and a campus learning? You immediately know the time you spend amongst your colleagues on the campus defines your mindset. These places are meant to catalyse the change needed, the change you want, the nation you want. These are natural organic crucibles of ideation and innovation. Ideas come, but there must be ideation of idea. If an idea comes in out of fear of failure, you don’t engage in innovation or trial. Our progress will come to stand still. These are places where worlds envy our demographic youth as the occasion to script not only their own career, but to script the destiny of Bharat. And therefore please get going. There is a tagline of one of the corporate products which you must come across. Just  do it. Am I right? I would add one more. Do it now.”

    https://twitter.com/VPIndia/status/1937818677123911772

    https://twitter.com/VPIndia/status/1937817934614958127

    Emphasising on the importance of alumni and alumni contribution, Shri Dhankhar said, “ Over 50 years you have had large number of Alumni……..Alumni of an Institution is a very important component. You look to social media and google. You will find some Institutions in the developed world have Alumni Fund corpus, more than 10 billion US dollars.  One has a corpus of more than 50 billion US dollars. This comes not as a deluge, it comes by the trickle effect. Let me for instance give an illustration. If these 100,000 alumni of this great Institution decide to make a contribution only of 10,000 rupees a year. The annual amount will be 100 crores……..and just imagine if it is year after year, then you will not be looking here and there. You will be self-sustaining. It will soothe you. Secondly, the alumni will have the occasion to connect with the Alma mater. So you will have easy route….He will handhold you. She will handhold you. So I strongly urge that let there be initiation from Dev Bhoomi about Alumni Association.”

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

    Source: GlobeNewswire (MIL-OSI)

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

    Trifork Group: Weekly report on share buyback

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

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

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

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

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

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

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

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

    Attachment

    The MIL Network –

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

    Source: GlobeNewswire (MIL-OSI)

    Digitalist Group Plc                                                                 30 June 2025 at 09:00                       

               

    NOTICE OF DIGITALIST GROUP PLC’S EXTRAORDINARY GENERAL MEETING

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

    A. MATTERS ON THE AGENDA OF THE EXTRAORDINARY GENERAL MEETING

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    1. Closing of the Meeting

    B. DOCUMENTS OF THE EXTRAORDINARY GENERAL MEETING

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

    C. INSTRUCTIONS FOR THE PARTICIPANTS IN THE EXTRAORDINARY GENERAL MEETING

    1. Right to participate and registration

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

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

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

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

    1. Proxy representative and proxy documents

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

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

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

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

    1. Holders of nominee-registered shares

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

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

    1. Other instructions and information

    The language of the meeting is mainly Finnish.

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

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

    In Helsinki on 30 June 2025

    DIGITALIST GROUP PLC                                                                     
    Board of Directors

    For further information, please contact:

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

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

    Distribution:

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

    The MIL Network –

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

    Source: GlobeNewswire (MIL-OSI)

    Haffner Energy Reports Annual Results for Fiscal Year 2024-2025

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    2024-2025: new strategic partnerships with leading players

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

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

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

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

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

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

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

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

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

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

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

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

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

    As a reminder, the operation had the following characteristics:

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

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

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

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

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

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

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

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

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

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

    After the operation, stock price in turmoil 

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

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

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

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

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

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

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

    Confirmed EBIDTA improvement thanks to cost-cutting measures

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

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

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

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

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

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

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

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

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

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

    Net cash position necessitates fundraising despite reduced cash-burn rate

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

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

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

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

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

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

    This cash outlook takes into account:

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

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

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

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

    IV. PROJECTS AND PROSPECTS: FOUR NEW OPERATIONAL PRIORITIES

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

    Accelerating pipeline conversion

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

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

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

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

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

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

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

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

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

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

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

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

    Continuing to structure its action

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

    Simplifying its governance

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

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

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

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

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

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

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

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

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

    Next events

    Shareholder webinar : July 1, 2025 – register here

    Annual General Meeting : September 10, 2025

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

    About Haffner Energy

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

    Investor relations

    investisseurs@haffner-energy.com

    Media relations        

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

    Glossary:

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

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

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

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

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

    Attachment

    The MIL Network –

  • MIL-OSI: NBPE Announces Transaction in Own Shares

    Source: GlobeNewswire (MIL-OSI)

    THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS

    St Peter Port, Guernsey    30 June 2025

    NB Private Equity Partners (“NBPE” or the “Company”) today announces details of Class A Shares bought back pursuant to general authority granted by shareholders of the Company on 12 June 2025 and the share buy-back agreement with Jefferies International Limited.

    Transaction on London Stock Exchange

    Date of purchase of Shares 27 June 2025
    Number of Shares purchased 1,500 Class A Shares
    Highest price/lowest price paid £14.28 / £14.28
    ISIN for the Shares GG00B1ZBD492

    All Class A Shares bought back will be cancelled. Following the cancellation, the number of outstanding Class A Shares is 45,498,210‬. The Company also has 3,150,408 Class A shares held in treasury. For reporting purposes under the FCA’s Disclosure Guidance and Transparency Rules the market should use the figure of 45,498,210 voting rights when determining if they are required to notify their interest in, or a change to their interest in the Company.

    For further information, please contact:

    NBPE Investor Relations        +44 20 3214 9002
    Luke Mason        NBPrivateMarketsIR@nb.com

    Kaso Legg Communications        +44 (0)20 3882 6644

    Charles Gorman        nbpe@kl-communications.com
    Luke Dampier
    Charlotte Francis

    About NB Private Equity Partners Limited
    NBPE invests in direct private equity investments alongside market leading private equity firms globally. NB Alternatives Advisers LLC (the “Investment Manager”), an indirect wholly owned subsidiary of Neuberger Berman Group LLC, is responsible for sourcing, execution and management of NBPE. The vast majority of direct investments are made with no management fee / no carried interest payable to third-party GPs, offering greater fee efficiency than other listed private equity companies. NBPE seeks capital appreciation through growth in net asset value over time while paying a bi-annual dividend.

    LEI number: 213800UJH93NH8IOFQ77

    About Neuberger Berman

    Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $515 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman’s investment philosophy is founded on active management, fundamental research and engaged ownership. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of March 31, 2025.

    This press release appears as a matter of record only and does not constitute an offer to sell or a solicitation of an offer to purchase any security.

    NBPE is established as a closed-end investment company domiciled in Guernsey. NBPE has received the necessary consent of the Guernsey Financial Services Commission. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. This document is not intended to constitute legal, tax or accounting advice or investment recommendations. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of NBPE’s investment manager. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Additionally, this document contains “forward-looking statements.” Actual events or results or the actual performance of NBPE may differ materially from those reflected or contemplated in such targets or forward-looking statements.

    The MIL Network –

  • MIL-OSI: Dividend payment ex-date of Aktsiaselts Infortar

    Source: GlobeNewswire (MIL-OSI)

    Aktsiaselts Infortar will pay the first instalment of dividends for the 2024 financial year in the net amount 1.5 euros per share. List of shareholders entitled to dividends will be recorded on 4 July 2025 at the end of the business day of the settlement system of the securities registrar (record-date).  The day of change of the rights related to the shares (ex-date) is 3 July 2025. From this date onwards, persons acquiring shares will not be entitled to receive dividends for the financial year 2024 on 15 July 2025.

    Dividend shall be paid to the Shareholders on 15 July 2025 by transfer to the bank account.

    Infortar operates in seven countries, the company’s main fields of activity are maritime transport, energy and real estate. Infortar owns a 68.47% stake in Tallink Grupp, a 100% stake in Elenger Grupp and a versatile and modern real estate portfolio of approx. 141,000 m2. In addition to the three main areas of activity, Infortar also operates in construction and mineral resources, agriculture, printing, and other areas. A total of 110 companies belong to the Infortar group: 101 subsidiaries, 4 affiliated companies and 5 subsidiaries of affiliated companies. Excluding affiliates, Infortar employs 6,296 people.

    Additional information:
    Kadri Laanvee
    Investor Relations Manager
    Phone: +372 5156662
    e-mail:     kadri.laanvee@infortar.ee
    www.infortar.ee/en/investor

     

    The MIL Network –

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

    Translation. Region: Russian Federal

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

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

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

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

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

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

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

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

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

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

    MIL OSI Russia News –

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

    Translation. Region: Russian Federal

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

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

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

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

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

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

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

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

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

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

    MIL OSI Russia News –

  • MIL-OSI New Zealand: Ōtāhuhu homicide: Man in custody

    Source: New Zealand Police

    Police is speaking with a man in connection with a homicide investigation underway in Ōtāhuhu.

    Enquiries began after a callout to Beatty Street at about 8.30pm on Sunday night, to reports of a person being seriously injured.

    A man was transported to hospital but later succumbed to his injuries.

    Detective Inspector Karen Bright, of Counties Manukau CIB, says the investigation team took a man into custody this afternoon.

    “We are currently speaking to the 31-year-old as part of our enquiries,” she says.

    “This is positive progress in our investigation and at this point we are not seeking anyone else.”

    Police anticipate confirmation of charging decisions tomorrow morning.

    “Other aspects of our enquiry will continue, with a scene examination and a post-mortem examination to be carried out,” Detective Inspector Bright says.

    ENDS.

    Jarred Williamson/NZ Police

    MIL OSI New Zealand News –

  • MIL-OSI Banking: Panasonic Group joins the Valuable 500—To create an inclusive society founded on the belief in the potential of all people

    Source: Panasonic

    Headline: Panasonic Group joins the Valuable 500—To create an inclusive society founded on the belief in the potential of all people

    Osaka, Japan – Panasonic Holdings Corporation (Kadoma City, Osaka, Japan; Group CEO: Yuki Kusumi) is proud to announce that the Panasonic Group has joined the Valuable 500, a partnership driving disability inclusion. Panasonic Group’s commitment has been officially released today on the Valuable 500 website.
    Valuable 500 is an initiative launched at the World Economic Forum Annual Meeting in Davos in January 2019, aiming to build a society where people with disabilities can fully realize their potential and contribute to social and economic value. The initiative seeks to engage over 500 partners and companies worldwide in support of this mission.
    Katy Talikowska, CEO of the Valuable 500, commented on Panasonic Group’s joining: “Every company that joins the Valuable 500 propels us forward in our mission to build an inclusive world for the 1.3 billion people with disabilities. Panasonic Group’s pledge to take action and be accountable for change is a testament to their leadership and the power of our collective efforts as we approach SYNC25.”
    Panasonic’s founder Konosuke Matsushita once said, “Every single person has their heaven-sent qualities found in no other, and success in life depends on making the most of our unique qualities.” Based on this philosophy, the Panasonic Group will strive to design a world where diverse people respect one another and can realize their full potential.

    1. Fostering Career Development
    We are cultivating a work environment where all employees, including those with disabilities, can grow and contribute meaningfully. Programs such as Unlock Yourself—designed for employees with disabilities and their supervisors—support career development and foster mutual understanding.

    2. Improving Accessibility
    Going beyond legal compliance, we are promoting work environments that are tailored to meet voiced needs. We encourage employees to take the initiative and design accessibility maps, as accessibility remains a shared priority at every level of the organization.

    3. Building Community and Connection
    Employees voluntarily join Employee Resource Groups (ERGs), through which they drive workplace improvements and social impact activities. Members of our management team also proactively join these initiatives, reflecting the voices of employees in management.

    4. Establishing Sustainable Pathways for Support
    We take on technical trainees with disabilities for internships and include those with disabilities among the junior and high school students that we accept for work study programs to support the next generation of workers.

    We at the Panasonic Group believe that each and every person holds the power to shape the future. We will endeavor at a global scale to create an environment where people with disabilities can actively participate in society, as well as a world that values diversity.

    MIL OSI Global Banks –

  • MIL-OSI Banking: Panasonic HD donated 400 solar lanterns to areas without electricity in Nepal through the United Nations Human Settlements Programme (UN-Habitat)

    Source: Panasonic

    Headline: Panasonic HD donated 400 solar lanterns to areas without electricity in Nepal through the United Nations Human Settlements Programme (UN-Habitat)

    Osaka, Japan, June 30, 2025 – Panasonic Holdings Corporation Co., Ltd. (Panasonic HD), donated 400 solar lanterns in collaboration with the United Nations Human Settlements Programme (UN-Habitat) to vulnerable households living in areas without electricity in the municipality of Chandragiri and the rural municipality of Rajpur in Nepal.
    On June 18, 2025, a donation ceremony was held in the municipality of Chandragiri in the district of Kathmandu. Local residents, Chandragiri municipal government officials, and representatives from the Embassy of Japan in Nepal, UN-Habitat, and Panasonic HD attended the ceremony.

    The areas where the donations were made are home to many socially disadvantaged people, including those who live in precarious living conditions, as a result of the effects of the former caste system. In addition to an unreliable power supply, economic hardship prevents most households in this region from using electricity sufficiently, which hinders daily life.
    As a result, they are forced to rely on traditional means of lighting such as kerosene lamps, firewood and candles, which creates a variety of challenges, including indoor air pollution, increased living costs, fire risks and even lost educational opportunities.
    The following effects are expected from these donations:

    Improvement of the indoor air environment by reducing kerosene use.
    Reducing fuel costs and the economic burden.
    Reducing fuel procurement time and costs.
    Securing home study time for children.

    Since 2013, Panasonic HD has been involved in activities to support areas lacking electricity, which makes it difficult for people to escape poverty. Since 2021, these activities have been conducted under the name “LIGHT UP THE FUTURE,” a project which aims to illuminate the future of these areas. To date, Panasonic HD has partnered with various organizations, including NGOs and NPOs, to deliver more than 120,000 solar lanterns to people in over 36 countries and regions.
    Panasonic HD will continue collaborating with various partners on these initiatives to create opportunities in education, health, and increased income, working toward a sustainable, poverty-free society.

    The United Nations Human Settlements Programme (UN-Habitat) is a United Nations agency established in 1978 with its headquarters in Nairobi, Kenya, to address issues related to urbanization and human settlements. With the mission of “A better quality of life for all in an urbanizing world,” UN-Habitat works globally through policy advice, technical assistance, and collaborative action with national governments, local governments, civil society organizations, and private sectors particularly towards achieving Sustainable Development Goal (SDG) 11: Make cities and human settlements inclusive, safe, resilient, and sustainable.
    Established in 1997, the UN-Habitat Regional Office for Asia and the Pacific is in Fukuoka, as the regional headquarters overseeing 42 countries. The Fukuoka Office operates in 15 countries and implements 90 projects across 18 countries and regions, promoting extensive international cooperation throughout the region.
    The donation of solar lanterns is part of the environmental technology cooperation projects implemented by UN-Habitat.

    MIL OSI Global Banks –

  • How will the Dalai Lama’s successor be chosen?

    Source: Government of India

    Source: Government of India (4)

    The choice of a successor to the Dalai Lama, the spiritual head of Tibetan Buddhists, is a matter of riveting interest not only for followers of his religion, but also China, India, and the United States, for strategic reasons.

    The Nobel peace laureate, who turns 90 on Sunday, is regarded as one of the world’s most influential figures, with a following extending well beyond Buddhism.

    HOW WAS HE CHOSEN?

    Tibetan tradition holds that the soul of a senior Buddhist monk is reincarnated after his death.

    The 14th Dalai Lama, born as Lhamo Dhondup on July 6, 1935, to a farming family in northeastern Tibet, was identified as such a reincarnation when he was just two years old.

    A search party sent by the Tibetan government made the decision on the basis of several signs, such as a vision revealed to a senior monk, the Dalai Lama’s website says. The searchers were convinced when the toddler identified belongings of the 13th Dalai Lama with the phrase, “It’s mine, it’s mine”.

    In the winter of 1940, Lhamo Thondup was taken to the Potala Palace in Lhasa, the capital of today’s Tibet Autonomous Region, and officially installed as the spiritual leader of Tibetans.

    HOW WILL HIS SUCCESSOR BE CHOSEN?

    In his book “Voice for the Voiceless”, released in March 2025, the Dalai Lama said his successor would be born outside China.

    The Dalai Lama has lived in exile in northern India since 1959, after fleeing a failed uprising against the rule of Mao Zedong’s Communists.

    He wrote that he would release details about his succession around the time of his 90th birthday.

    The Tibetan parliament-in-exile, based in the Himalayan town of Dharamshala, like the Dalai Lama, says a system has been established for the exiled government to continue its work while officers of the Gaden Phodrang Foundation will be charged with finding and recognising his successor.

    The current Dalai Lama set up the foundation in 2015 to “maintain and support the tradition and institution of the Dalai Lama” with regard to his religious and spiritual duties, it says on its website. Its senior officers include several of his aides.

    WHAT DOES CHINA SAY?

    China says its leaders have the right to approve the Dalai Lama’s successor, as a legacy from imperial times. A selection ritual, in which the names of possible reincarnations are drawn from a golden urn, dates to 1793, during the Qing dynasty.

    Chinese officials have repeatedly said the reincarnation of the Dalai Lama should be decided by following national laws that decree use of the golden urn and the birth of reincarnations within China’s borders.

    But many Tibetans suspect any Chinese role in the selection as being a ploy to exert influence on the community.

    It is inappropriate for Chinese Communists, who reject religion, “to meddle in the system of reincarnation of lamas, let alone that of the Dalai Lama,” the Buddhist leader has said.

    In his book, he asked Tibetans not to accept “a candidate chosen for political ends by anyone, including those in the People’s Republic of China,” referring to the country by its official name.

    Beijing brands the Dalai Lama, who won the Nobel Peace Prize in 1989 for keeping alive the Tibetan cause, as a “separatist” and prohibits displays of his picture or any public show of devotion towards him.

    In March 2025, a Chinese foreign ministry spokesperson said the Dalai Lama was a political exile with “no right to represent the Tibetan people at all”.

    China denies suppressing the rights of the Tibetan people, and says its rule ended serfdom in, and brought prosperity to, a backward region.

    WHAT ROLE COULD INDIA AND THE U.S. PLAY?

    Apart from the Dalai Lama, India is estimated to be home to more than 100,000 Tibetan Buddhists who are free to study and work there.

    Many Indians revere him, and international relations experts say his presence in India gives New Delhi some kind of leverage with rival China.

    The United States, which faces rising competition from China for global dominance, has repeatedly said it is committed to advancing the human rights of Tibetans.

    U.S. lawmakers have previously said they would not allow China to influence the choice of the Dalai Lama’s successor.

    In 2024, then U.S. President Joe Biden signed a law that presses Beijing to resolve a dispute over Tibet’s demands for greater autonomy.

    (Reuters)

  • President Murmu begins two-day visit to Gorakhpur, to open AYUSH university

    Source: Government of India

    Source: Government of India (4)

    President Droupadi Murmu will embark on a two-day visit to Uttar Pradesh from Monday, during which she will attend the first convocation ceremony of the All India Institute of Medical Sciences (AIIMS) in Gorakhpur.

    According to the Uttar Pradesh Chief Minister’s Office, the President will also inaugurate the state’s first AYUSH University in Pipri, Bhathat on July 1. The new university is aimed at boosting traditional medicine and holistic healthcare education across Uttar Pradesh.

    This marks President Murmu’s fourth visit to Gorakhpur over the past seven years, once again at the invitation of Chief Minister Yogi Adityanath. It will also be the second time in recent years that a sitting President has visited both AIIMS and a major university in the city, underscoring Gorakhpur’s rising profile at the national level.

    Chief Minister Yogi Adityanath has personally reviewed the 31-kilometre route from the city to Pipri to ensure all preparations are in place. The President is also expected to offer prayers at the Gorakhnath Temple, where arrangements have been made for meals that reflect her dignity and stature.

    Security measures have been tightened in and around Gorakhpur. SP (City) Abhinav Tyagi confirmed that the AIIMS auditorium and campus are under full security cover, with OPD services at AIIMS suspended on June 30. Authorities have declared a five-kilometre radius around the Circuit House as a no-fly zone and put in place a three-tier security system.

    In April, Chief Minister Yogi laid the foundation stone for the 500-bed ‘Powergrid Vishram Sadan’ at AIIMS Gorakhpur. The facility, aimed at supporting patients and their families, is being developed under the CSR initiative of Power Grid Corporation of India at a cost of Rs 44 crore.

    -IANS