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Shelly Group Scales Production for Accelerated Growth
Shelly Group Scales Production for Accelerated Growth

Yahoo

timea day ago

  • Business
  • Yahoo

Shelly Group Scales Production for Accelerated Growth

SOFIA, Bulgaria and MUNICH - June 3, 2025 (NEWMEDIAWIRE) - Shelly Group (Ticker SLYG / ISIN: BG1100003166) ("Shelly Group"), a provider of IoT and smart building solutions based in Sofia, Bulgaria, continues to accelerate its expansion at full throttle. As part of its dynamic growth, the Company is significantly increasing the production capacity of its main manufacturing partner and ensuring the next growth spurt is operationally fully supported. The significantly increased capacity provides the basis for accelerated growth in the coming years and underlines the Shelly Group's aspiration to provide technologically leading products flexibly and in large quantities worldwide. The production capacity of the principal plant in China is currently around 800,000 units per month. From the second half of 2025, production capacity is to be almost doubled to 1.5 million units per month. A further increase to up to two million units per month is planned for 2026. The additional production capacities will enable a potential sales contribution of up to more than EUR 100 million per year. The costs for the capacity expansion will be borne in full by the Chinese contract manufacturer. By expanding at an early stage and with foresight, the Shelly Group is opening up the scope to further accelerate growth in line with the strongly increasing demand and ongoing international expansion. Wolfgang Kirsch, Co-CEO of Shelly Group: "More than doubling our production capacity in less than two years is far more than an operational achievement - it is a clear commitment to our ambition to reach the next level of growth. It goes without saying that we are also committed to our medium-term goals up to 2026. We are creating the conditions to further increase our targets and at the same time react flexibly to additional demand. This decision shows the determination with which we are implementing our long-term growth strategy."About Shelly Group Shelly Group SE develops, designs and distributes IoT and smart building solutions for DIY and professional users, offering advanced technology, seamless interoperability and a high degree of technological flexibility. Shelly products enable remote control and automation as well as energy management of electrical appliances and smart building solutions via smart phones, PCs or third-party home automation systems. In addition to the sale of devices, the Shelly Group generates revenue from its cloud applications. The Shelly Group benefits from asset light production through the use of contract manufacturers. The Company has a strong presence in German-speaking countries and is represented with its products in more than 100 countries. With subsidiaries in Germany, Bulgaria, Slovenia and Poland as well as in the USA and China, the Shelly Group is globally Investor Relations CROSS ALLIANCE communication GmbHSven PaulyPhone: +49 89 125 09 0331Mail: sp@ Sign in to access your portfolio

IDA consults pharma firms over EU retaliatory tariffs on the US
IDA consults pharma firms over EU retaliatory tariffs on the US

RTÉ News​

time28-05-2025

  • Business
  • RTÉ News​

IDA consults pharma firms over EU retaliatory tariffs on the US

The IDA sought the views of Irish-based pharmaceutical companies on the EU's draft list of retaliatory measures to US tariffs earlier this year as part of the Government's response to the European Commission on the proposals. The European Union published a list of imports from the US which could face tariffs as part of the trade war with the Trump administration in March. Shortly after the 99-page list was published the IDA's Head of Life Sciences and Food Rachel Shelly circulated it to companies supported by the IDA. In her email, Ms Shelly asked if pharmaceutical companies had views and said the IDA "will feed them back into the Government system to inform Ireland's response to the EU consultation". She said the "EU is currently consulting with Member States and key stakeholders". She added that proposed countermeasures on oils, plastics, metals, machinery, optical apparatus and cables "may be of most relevance to IDA companies". Ms Shelly said "we are in a dynamic and fast changing situation related to the imposition of tariffs with the potential for further measures being introduced in the coming weeks". She added: "IDA is focused on partnering with our clients in this uncertain period." The emails were released to RTÉ News under Freedom of Information legislation by the IDA. While many of the responses from IDA client companies and their representatives have been redacted, much of the engagement was held over a series of calls with the State body. However, one of the client companies said that the industry had done an initial assessment and it seemed that while pharmaceuticals were not included "there are two lines which directly refer to the pharmaceutical inputs". The IDA also received an email on 14 April from representative group BioPharmaChem Ireland which said it was "deeply concerned about the underlying instability and the continued threat this situation poses to our industry". The organisation also sent the IDA a letter which it had sent to Taoiseach Micheál Martin three days earlier in which it raised concerns about the tariffs "specifically targeting pharmaceuticals". It said "any retaliatory action on a European level must not impact on patients' access to medicines". The letter also called on the Government to "reduce regulatory complexity across environmental, medicinal and chemical legislation to enable the faster development and manufacturing of new medicines". The EU published a full list of counter measures earlier this month in a document running to 218 pages. While pharmaceuticals were mainly excluded, there were a number of references to inputs used by the industry. So far the EU has not implemented retaliatory tariffs on the US while negotiations continue on a possible trade deal.

Demand for respirators, sprinklers on the rise in Manitoba as wildfires worsen air quality
Demand for respirators, sprinklers on the rise in Manitoba as wildfires worsen air quality

Yahoo

time28-05-2025

  • Climate
  • Yahoo

Demand for respirators, sprinklers on the rise in Manitoba as wildfires worsen air quality

As wildfires are ravaging the province, they are also impacting the air Manitobans breathe, and some are looking for ways to protect themselves. Ian Birchall, a sales representative at ABC Fire and Safety Equipment Ltd., which sells fire, safety and first aid products in Winnipeg, says demand for their respirators has increased significantly since the wildfire season began in earnest earlier this month. "We've sold pretty much out of all of our wildland [fire] equipment just due to the nature of the fires that are going on here in Manitoba. It's a very scary situation for our residents in Manitoba," he said. Items like respirators have been in high demand, he said. "Especially with the smoke that is going on in the province when they are in the smoke-filled areas like Lac du Bonnet or up north in Lynn Lake, they are using that quite a bit right now," says Birchall showing a range of masks in his shop. Birchall says people are not just worried about their health, but also their property, leading to increased demand for fire suppression equipment, sprinkler kits and hoses. "We have been seeing a lot of cabin owners coming and purchasing the Wildfire Protection Kit, which is otherwise usually used by fire departments," he said. That kit is a sprinkler system, with equipment that can be mounted on a cabin's gable and eavestrough, to provide "360 degrees of protection around your property," he said. "Usually every year the residents will stock up on PPE [personal protective equipment] for wildland fires for protection," said Birchall. "This year has obviously been an exception because it's been very dry in the province. So we have noticed a significant increase in our sales with this equipment." Birchall says he's been getting a lot of inquiries from cabin owners from the Bird River area, where a still out-of-control wildfire now covers more than 124,000 hectares, according to the province's latest fire report. The fire near Lac du Bonnet, meanwhile, is now considered under control. That fire became deadly earlier this month, taking the lives of a couple who reportedly got trapped at a family home. Smoke from wildfires is causing poor air quality and reduced visibility in parts of Manitoba, prompting air quality alerts from Environment and Climate Change Canada. Environment Canada meteorologist Justin Shelley says a lot of the northern portion of the province is under special air quality state statements, while an area in the southeast, from the Ontario border to Lake Winnipeg, is under air quality warnings. Shelly urges people to check the air quality index before heading outdoors. On Tuesday, the index was four in Winnipeg, indicating moderate risk, while it was 10+ in Flin Flon, indicating very high risk. When the air quality is at its worst, people should take precautions and limit outdoor exposure, said Shelly. "Consider reducing or rescheduling any strenuous outdoor activities, especially if you are experiencing symptoms like a cough or dizziness or nausea," he said. "And you also want to monitor those who might be more at risk, so especially maybe elderly people or … younger people." Warm and dry conditions are expected through this week, which will cause smoke to linger, Shelly said. WATCH | Smoke raises health concerns in Manitoba: Health experts also warn wildfire smoke can create health risks in both the short and long term. Christopher Pascoe, an associate professor in the University of Manitoba's physiology and pathophysiology department, says short-term effects may include breathlessness. "So difficulty breathing, catching your breath and you may notice that you cough more, have more mucus. If you're somebody who has lung disease, asthma, COPD [chronic obstructive pulmonary disease], you may find that you need to use your medication more and that it's not as effective." He adds people often report needing to go to the hospital more frequently to deal with conditions like asthma or COPD during periods of poor air quality. The potential long-term effects of poor air quality can include worsening of conditions and lung disease, he said. "That long-term exposure is related to these health complications like asthma, exacerbation of other diseases," said Pascoe. "The biggest pollutant that we worry about at this point is something called particulate matter," he said. "That's the smoke or the ash in the air. And so when you see outside … it's hazy, you kind of want to stay inside, being a well-ventilated space." When it comes to protection, he says for people who have allergies or asthma, or are prone to health risks, "the best thing to do is limit your time outside and wearing a well-fitting N95 mask to limit your exposure."

Moment Brit pole dancers issue grovelling apology after avoiding jail over scantily-clad display at hallowed Greek site
Moment Brit pole dancers issue grovelling apology after avoiding jail over scantily-clad display at hallowed Greek site

Scottish Sun

time27-05-2025

  • Entertainment
  • Scottish Sun

Moment Brit pole dancers issue grovelling apology after avoiding jail over scantily-clad display at hallowed Greek site

Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) THREE Brit pole dancers have apologised after staging a raunchy on-cam display at a Greek monument. The Brits were accused of violating archaeological law and degrading the surrounding area after the racy shoot outside the Old Palace of St. Michael and St. George in Corfu. Sign up for Scottish Sun newsletter Sign up 5 The Brits were accused of violating archaeological law and degrading the surrounding area Credit: Facebook/@kerkyrasimera 5 Brits who organised the pole dance have been convicted of 'degrading' a Greek monument Credit: Facebook/StefanDimoulis 5 One clip captures a Brit in a black thong leotard being cheered on by a woman Credit: Facebook/StefanDimoulis The hallowed palace is a 200-year-old former royal residence and UNESCO World Heritage Site. Two of the Brits who organised the photo shoot were found guilty of degrading the cultural landscape of Corfu. They were handed a six-month suspended prison sentence. But the court came to the conclusion that the five Brit women were innocent of the offence of violating Archaeological Law, therefore acquitting three of them. This is because there was no evidence that material damage was caused to the monument. Three of the Brits were captured walking out of the court with solemn looks on their faces before being asked by a reporter how they felt. One Brit - who looked to have been crying - said they are "sorry to everyone we offended and let down" both "in Greece and back home". She added, before issuing a thanks to the Judge: "We deeply regret what we [did]." The second Brit took a large gulp before issuing her own apology "for causing any offence," stating that the women "understand how important" the monuments are to Greek people - but "didn't realise". She concluded: "We could not be any more sorry and we're just glad that justice has been served today." Fury as 'Brit' pole-dancers swing half-naked from Greek landmark as local says 'would they do it at Buckingham Palace?' The third woman also said sorry "to have caused such an offence and to have caused such trouble" and that they're happy that the judge "gave us justice today". Shocking footage shared by Greek media showed two women in raunchy red lingerie posing on a pole in front of fellow dancers. Another clip captures a Brit in a black thong leotard being cheered on by a woman shouting: 'Yes Shelly, nice!' The women have reportedly visited Corfu multiple times to take part in dance events. Dozens of furious residents slammed the shoot after it went viral online, branding it 'disgraceful'. One person fumed: 'The Corfu Palaces: they once hosted royals. Now, pole dancing. 'If Lord Byron saw pole dancing at the Palaces, he would have returned to England without a second thought.' Another commenter raged: 'Would they do the same at Buckingham [Palace]? Of course, here we have been the inferior in Europe for years on vacation and binge. [sic]' According to local media, a pole dancing school in the UK was behind the ordeal. The school organises a vacation with intensive pole dancing seminars in Corfu every year in the last two weeks of May, ANT1 reported. The Palace and site of the risky photoshoot was commissioned by British Lord High Commissioner Sir Thomas Maitland in the early 19th century. It is one of the best-preserved examples of Regency architecture outside the UK and now houses the Museum of Asian Art. The Directorate of the Museum reportedly had no idea the shoot was happening, according to Protothema. 5 The women have reportedly visited Corfu multiple times to take part in dance events Credit: Facebook/@kerkyrasimera

Moment Brit pole dancers issue grovelling apology after avoiding jail over scantily-clad display at hallowed Greek site
Moment Brit pole dancers issue grovelling apology after avoiding jail over scantily-clad display at hallowed Greek site

The Irish Sun

time27-05-2025

  • The Irish Sun

Moment Brit pole dancers issue grovelling apology after avoiding jail over scantily-clad display at hallowed Greek site

THREE Brit pole dancers have apologised after staging a raunchy on-cam display at a Greek monument. The Brits were accused of outside the Old Palace of St. Michael and St. George in Corfu. 5 The Brits were accused of violating archaeological law and degrading the surrounding area Credit: Facebook/@kerkyrasimera 5 Brits who organised the pole dance have been convicted of 'degrading' a Greek monument Credit: Facebook/StefanDimoulis 5 One clip captures a Brit in a black thong leotard being cheered on by a woman Credit: Facebook/StefanDimoulis The hallowed palace is a 200-year-old former royal residence and . Two of the Brits who organised the photo shoot were They were handed a six-month suspended prison sentence. But the court came to the conclusion that the five Brit women were innocent of the offence of violating Archaeological Law, therefore acquitting three of them. read more news This is because there was no evidence that material damage was caused to the monument. Three of the Brits were captured walking out of the court with solemn looks on their faces before being asked by a reporter how they felt. One Brit - who looked to have been crying - said they are "sorry to everyone we offended and let down" both "in Greece and back home". She added, before issuing a thanks to the Judge: "We deeply regret what we [did]." Most read in The Sun The second Brit took a large gulp before issuing her own apology "for causing any offence," stating that the women "understand how important" the monuments are to Greek people - but "didn't realise". She concluded: "We could not be any more sorry and we're just glad that justice has been served today." Fury as 'Brit' pole-dancers swing half-naked from Greek landmark as local says 'would they do it at Buckingham Palace?' The third woman also said sorry "to have caused such an offence and to have caused such trouble" and that they're happy that the judge "gave us justice today". Shocking footage shared by Greek media Another clip captures a Brit in a black thong leotard being cheered on by a woman shouting: 'Yes Shelly, nice!' The women have reportedly visited Corfu multiple times to take part in dance events. Dozens of furious residents slammed the shoot after it went viral online, branding it 'disgraceful' . One person fumed: 'The Corfu Palaces: they once hosted royals. Now, pole dancing. 'If Lord Byron saw pole dancing at the Palaces, he would have returned to England without a second thought.' Another commenter raged: 'Would they do the same at Buckingham [Palace]? Of course, here we have been the inferior in Europe for years on vacation and binge. [sic]' According to local media, a pole dancing school in the UK was behind the ordeal. The school organises a vacation with intensive pole dancing seminars in Corfu every year in the last two weeks of May, ANT1 reported. The Palace and site of the risky photoshoot was commissioned by British Lord High Commissioner Sir Thomas Maitland in the early 19th century. It is one of the best-preserved examples of Regency architecture outside the UK and now houses the Museum of Asian Art. The Directorate of the Museum reportedly had no idea the shoot was happening, according to Protothema. 5 The women have reportedly visited Corfu multiple times to take part in dance events Credit: Facebook/@kerkyrasimera 5 Brits were filmed staging a racy photoshoot Credit: Facebook/StefanDimoulis

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