Latest news with #R&M
The Star
03-08-2025
- Business
- The Star
Govt finalising talks on Mex II project, Dewan told
PETALING JAYA: Putrajaya is currently finalising discussions with the Receivers and Managers (R&M) of the Maju Expressway (Mex II) to find the best solution for completing the stalled extension project, says Works Minister Datuk Seri Alexander Nanta Linggi. According to Nanta, the discussions focus on a solution to complete the project, considering various aspects, including the project's cost, traffic impact analysis, toll rates, cash flow management, and other factors necessary to ensure the project's sustainability. 'The plan and direction of the Mex II project will be coordinated by a Central Agency together with the relevant Ministries or agencies, particularly regarding the financial model, taking into account the appropriate parameters for the assessment of the project's viability, including technical aspects, will be submitted to the Cabinet for consideration,' he said. Nanta stated this in a written parliamentary reply dated July 31, in response to Yeo Bee Yin (PH-Puchong), who had asked about updates on the Mex II project, including whether the concessionaire requires government approval for claim applications. She also inquired about the funding required for the project's completion and whether additional funding would result in higher toll rates. According to Nanta, the Mex II project was entirely borne by the concessionaire through the build-operate-transfer (BOT) method. 'All project progress confirmation, including progress claims, is reviewed and verified between the contractor, concessionaire, supervision consultant and independent checking engineer, which are submitted directly to the sukuk party,' said Nanta. 'Therefore, the progress claims for this project do not involve approval at the federal level, since it involved private financing,' he added. Mex II is a planned three-lane dual carriageway designed to connect the MEX Putrajaya interchange to the KLIA highway. The project began construction in 2016, and it was initially scheduled for completion in December 2019, but was halted due to financial issues. The 18km extension project of the Mex II also came under scrutiny recently following a graft probe into allegations of false claims involving RM360mil. Four individuals, including a Datuk Seri, were previously detained in connection with investigations into funds raised through sukuk issuance for the project. Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki had said 61 witnesses had been called in to assist with investigations In early May, the MACC seized various assets, including luxury vehicles, designer handbags, jewellery and cash totalling RM32mil from an individual with a Tan Sri title. This followed reports that MACC had opened three investigation papers related to bribery and false claims involving the Mex II project.
Channel Post MEA
24-06-2025
- Business
- Channel Post MEA
Roger Baumann Appointed As New CEO Of R&M
R&M, the globally active Swiss developer and provider of high-end infrastructure solutions for data and communications networks, has appointed Dr. Roger Baumann (58) as its new Chief Executive Officer (CEO). Michel Riva, CEO of R&M since 2012, has decided to scale back his professional activities and focus on consulting and advisory board mandates. The handover took place on June 23, 2025, following a short transitional phase. 'Over the past 13 years, Michel Riva has developed our company in a foresighted, goal-oriented manner with great personal commitment. Under his aegis, R&M established itself on the ICT market as an internationally recognized provider of network infrastructures,' says Martin Reichle on behalf of the owner family. Chairman of the Board of Directors Thomas A. Ernst emphasizes the business success. Under the responsibility of Michel Riva, R&M's sales increased by 60% in the record year of 2022, to CHF 298 million. The number of employees has almost tripled. The Group's largest markets are Switzerland, Germany, Eastern, Southern and Western Europe, the Middle East and India. 'Under the leadership of Michel Riva, R&M has further established itself as a global player in the ICT market. Stakeholders were impressed by his focus on internationalization, segment and growth strategy, as well as overall solutions', says Chairman of the Board of Directors, Thomas A. Ernst. 'Together with the management team, Michel Riva has developed R&M from a component manufacturer to a provider of integrated solutions for public networks, data centers and local area networks. Challenges such as the pandemic were mastered with confidence. Michel Riva and his team were also convincing in their increased orientation toward decarbonization and sustainability'. 'Being CEO of R&M was the best job of my career,' said Michel Riva as he bid farewell. After 30 years in executive positions, it is time for a new chapter in his life. Team player with broad management experience Dr. Roger Baumann has decades of international management, technology and sales experience in the manufacturing industry. He began his career in 1998 at Siemens AG, where he worked, among other things, as Head of Global Business Segments and as Managing Director of the market organization in Taiwan. From this position, he is familiar with the infrastructure solutions for building automation, such as those offered by R&M in the LAN division. Since 2009, Roger Baumann has been CEO and Managing Director of three medium-sized, globally active technology companies. Most recently, he led Büchi Labortechnik AG in Flawil to significant international success through its strategic positioning as an innovation leader. He studied electrical engineering at ETH Zurich and completed his doctorate in microtechnology at EPFL Lausanne. He also completed the Executive MBA program as well as the Board Program at the University of St. Gallen. 'I am impressed by the high level of expertise, the perceptible passion and the global team spirit of the R&M team,' says Roger Baumann, describing his impression after his first few weeks at the company.
Zawya
23-06-2025
- Business
- Zawya
Roger Baumann new CEO of R&M
Dubai / Wetzikon (ZH): A new era of leadership is beginning at R&M, the globally active Swiss developer and provider of high-end infrastructure solutions for data and communications networks. The family-owned company has appointed Dr. Roger Baumann (58) as its new Chief Executive Officer (CEO). Michel Riva, CEO of R&M since 2012, has decided to scale back his professional activities and focus on consulting and advisory board mandates. The handover took place on June 23, 2025, following a short transitional phase. «Over the past 13 years, Michel Riva has developed our company in a foresighted, goal-oriented manner with great personal commitment. Under his aegis, R&M established itself on the ICT market as an internationally recognized provider of network infrastructures,» says Martin Reichle on behalf of the owner family. Globally successful Chairman of the Board of Directors Thomas A. Ernst emphasizes the business success. Under the responsibility of Michel Riva, R&M's sales increased by 60% in the record year of 2022, to CHF 298 million. The number of employees has almost tripled. The Group's largest markets are Switzerland, Germany, Eastern, Southern and Western Europe, the Middle East and India. "Under the leadership of Michel Riva, R&M has further established itself as a global player in the ICT market. Stakeholders were impressed by his focus on internationalization, segment and growth strategy, as well as overall solutions", says Chairman of the Board of Directors, Thomas A. Ernst. "Together with the management team, Michel Riva has developed R&M from a component manufacturer to a provider of integrated solutions for public networks, data centers and local area networks. Challenges such as the pandemic were mastered with confidence. Michel Riva and his team were also convincing in their increased orientation toward decarbonization and sustainability". "Being CEO of R&M was the best job of my career," said Michel Riva as he bid farewell. After 30 years in executive positions, it is time for a new chapter in his life. Team player with broad management experience Dr. Roger Baumann has decades of international management, technology and sales experience in the manufacturing industry. He began his career in 1998 at Siemens AG, where he worked, among other things, as Head of Global Business Segments and as Managing Director of the market organization in Taiwan. From this position, he is familiar with the infrastructure solutions for building automation, such as those offered by R&M in the LAN division. Since 2009, Roger Baumann has been CEO and Managing Director of three medium-sized, globally active technology companies. Most recently, he led Büchi Labortechnik AG in Flawil to significant international success through its strategic positioning as an innovation leader. He studied electrical engineering at ETH Zurich and completed his doctorate in microtechnology at EPFL Lausanne. He also completed the Executive MBA program as well as the Board Program at the University of St. Gallen. "I am impressed by the high level of expertise, the perceptible passion and the global team spirit of the R&M team," says Roger Baumann, describing his impression after his first few weeks at the company. About R&M R&M (Reichle & De-Massari AG) develops, produces and sells infrastructure solutions worldwide to enable unlimited communication and ultra-high-speed data transmission. The corporate Group, based in Wetzikon, Switzerland, operates in the Data Center, Public Networks and Local Area Networks (LAN) business areas. R&M integrates all levels from connectivity to management software in customized overall solutions. The company's special competency lies in the development and manufacture of connection and distribution technology, cables, racks, enclosures as well as hardware and software for infrastructure management. R&M infrastructure solutions are used in Fiber to the Home, Fiber to the Antenna/5G, Smart Cities, Data Centers, Transport and Green Energy, LAN and Smart Buildings. The family-owned company, founded in 1964, is represented as a Group by local market organizations in over 40 countries and has its own production plants in numerous locations worldwide. Sustainability is a key element of R&M's strategy and values. Website: Media contact Reichle & De-Massari MEA & Türkiye, Rasha Hadi, Head of Marketing & Communications, JBC 3 (Jumeirah Business center), Cluster Y, Office 3602 & 3603, Jumeirah Lake Towers, Dubai, 54281, UAE, Email:
Channel Post MEA
28-03-2025
- Business
- Channel Post MEA
R&M and Stulz offers Precision Cooling Systems for Data Centers
R&M has significantly expanded its infrastructure partner program for data centers and started working closely with the German cooling system manufacturer Stulz GmbH. R&M integrates partners' complementary systems into holistic infrastructure solutions for data centers, making it possible to offer energy-efficient and individually configured equipment for data centers worldwide from a single source. Expanding market access The partner program complements our portfolio of integrated infrastructure solutions and strengthens our one-stop-shop approach. At the same time, we are expanding market access. R&M and Stulz are independent partners with comparable medium-sized business models. Both share R&M's customer-oriented approach. We are at home in Europe and guarantee global delivery capability and individual project support, says R&M CEO Michel Riva. The program is aimed at operators and providers of on-site, edge, and colocation data centers. R&M coordinates data center projects from infrastructure planning to commissioning, contributing its own tried-and-tested portfolio. It includes connectivity and wiring, racks, enclosures, power distribution, and software for data center infrastructure management (DCIM). In the future, this will enable R&M to tailor enclosures in data centers to the partners' precision cooling systems early on and with pinpoint accuracy. Customers will no longer have to worry about individual infrastructure components and dimensions, calculate electrical power, or coordinate individual trades. The Hamburg-based family-owned company Stulz GmbH is considered a leading cooling solution provider for data centers. Its products' energy efficiency sets standards and makes an important contribution to minimizing data centers' carbon footprint. 0 0
Zawya
27-03-2025
- Business
- Zawya
R&M launches integrated infrastructure solutions for data centres
R&M, a leading Swiss developer and provider of high-end infrastructure solutions for data and communications networks, has joined forces with German cooling system manufacturer Stulz for integrated infrastructure solutions for enterprise, edge and colocation data centers. Announcing its new infrastructure partner programme, R&M said it integrates partners' complementary systems into holistic infrastructure solutions for data centers. This makes it possible to offer energy-efficient and individually configured equipment for data centers worldwide from a single source. A major industry player in the region, R&M said it co-ordinates data center projects from infrastructure planning to commissioning, contributing its own tried-and-tested portfolio. It includes connectivity and wiring, racks, enclosures, power distribution and software for data center infrastructure management (DCIM). In the future, this will enable R&M to tailor enclosures in data centers to the partners' precision cooling systems early on and with pinpoint accuracy. Customers will no longer have to worry about individual infrastructure components, dimensions, calculating the electrical power or coordinating the individual trades. "In addition to complementing our portfolio of integrated infrastructure solutions, the partner program is designed to strengthen our one-stop-shop approach. At the same time, we are expanding market access," remarked its CEO Michel Riva. "R&M and Stulz are independent partners with comparable medium-sized business models. Both share R&M's customer-oriented approach. We are at home in Europe and guarantee global delivery capability and individual project support," stated Riva. The Hamburg-based family-owned company Stulz is considered a leading provider of cooling solutions for data centres. The energy efficiency of the products sets standards and makes an important contribution to minimizing the carbon footprint of data centres. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
