Latest news with #SoutheasternEurope
Al Arabiya
3 days ago
- Politics
- Al Arabiya
Russian strike on Zaporizhzhia kills three, wounds 20, governor says
A Russian attack on the southeastern Ukrainian city of Zaporizhzhia killed three people and wounded 20, the regional governor said on Monday.
Yahoo
04-08-2025
- Business
- Yahoo
Molins and TITAN Acquire Baupartner, a Leading Precast Concrete Solutions Provider in Southeastern Europe
The two global leaders have joined forces to acquire 80% of Baupartner, a Bosnia-based company, and unlock new growth opportunities in the fast-developing SEE region. By entering a new geographic market, Molins expands its precast solutions leadership and reinforces its position as a global player in industrialized construction. TITAN enters the precast business, leveraging its brand equity in the region and expanding its portfolio with value-added concrete-based structural solutions. BRUSSELS, August 04, 2025--(BUSINESS WIRE)--Regulatory News: Molins and TITAN (Brussels:TITC), both internationally recognized in the building materials industry for their advanced construction solutions, have formed a joint venture to accelerate the growth of the precast solutions business in Southeastern Europe. The two companies have signed an agreement to jointly acquire 80% of Baupartner, a leading precast concrete and steel structure specialist based in Bosnia and Herzegovina. The remaining 20% will stay with the founding shareholders, led by Eldin Hadžibegović, whose entrepreneurial vision and deep industry expertise have been key to establishing Baupartner's leadership in the region. Hadžibegović will continue to play an active role in the company's management as it continues its growth trajectory. Founded in 2010 and operating across Bosnia, Croatia, and Serbia, Baupartner specializes in the design, production, and assembly of tailor-made structural precast solutions. The company employs more than 280 people and brings strong engineering capabilities to complex industrial, logistics, and retail projects. In recent years, Baupartner has successfully delivered over 110 projects for a diverse portfolio of local and multinational clients. This acquisition consolidates Molins' and TITAN's commitment to sustainable, industrialized building in Southeastern Europe, meeting the evolving needs of customers and communities. Through it, Molins reinforces its leadership in the precast business by entering a new and strategically important market in Southeastern Europe, further strengthening its position as a global reference in industrialized construction. TITAN is complementing its existing portfolio with high-value structural precast solutions tailored to regional growth opportunities. Molins and TITAN have combined their strengths to form a powerful joint venture: Molins contributes its long-standing expertise in precast construction, TITAN brings its deep regional presence in Southeast Europe. The partnership is further strengthened by Baupartner's technical know-how and proven local execution capabilities. Together, they will create a robust platform to accelerate innovation, enhance operational efficiency, and drive sustainable growth in the precast business across the region. According to Marcos Cela, CEO of Molins, "this agreement represents an important step forward in our growth strategy for the precast business. We are also very pleased with our partnership with TITAN, a leading company in the building materials sector with whom we share a common vision of innovation, sustainability, and digitalization to deliver high-value structural solutions in a growing market." "Both the acquisition of Baupartner and the joint venture with Molins perfectly align with our strategy to diversify our portfolio and advance the introduction of new and efficient construction technologies" said Marcel Cobuz, Chair of TITAN's Group Executive Committee. "We will continue with our strategic partners to actively seek new growth opportunities in Southeastern Europe and beyond." he concluded. Eldin Hadžibegović, Founder of Baupartner, added: "I am proud of everything we have achieved as a team over the past 15 years. We have built a strong and reliable company, recognized across the region. I am excited that we are now becoming part of two highly successful companies, Molins and TITAN. Their involvement brings new strength, expertise, and stability to Baupartner. I am confident that together we will open new opportunities for growth, innovation and long-term sustainability." The closing of the transaction is expected by the end of the third quarter, subject to the completion of customary legal procedures. Until then, the company will continue to operate independently. The parties have agreed not to disclose the financial terms of the deal. About Molins: With nearly one century of experience, we are a global leader in sustainable and innovative building solutions as well as carbon neutrality and circular economy promoters. Our clients value the quality of our products and building solutions, which are designed to shape a sustainable future. Sustainability is the hallmark of our integrated business model that includes cement, concrete, aggregates, construction solutions, precast solutions, urban landscape, and circular economy. Molins employs over 6,700 professionals located in Spain, Portugal, Mexico, Argentina, Uruguay, Bolivia, Colombia, Croatia, Turkey, Tunisia, Bangladesh, and India. About TITAN Group: TITAN Group is a leading international business in the building and infrastructure materials industry, with passionate teams committed to providing innovative solutions for a better world. With most of its activity in the developed markets, the Group employs more than 6,000 people and is present in over 25 countries, holding prominent positions in the US, Europe, including Greece, the Balkans, and the Eastern Mediterranean. The Group also has joint ventures in Brazil and India. With a 120-year history, TITAN has always fostered a family-and entrepreneurial-oriented culture for its employees and works tirelessly with its customers to meet the modern needs of society while promoting sustainable growth with responsibility and integrity. TITAN has set a net-zero goal for 2050 and has its CO₂ reduction targets validated by the Science Based Targets initiative (SBTi). The parent company is listed on Euronext and the Athens Exchange. For more information, visit our website at View source version on Contacts media@
Associated Press
04-08-2025
- Business
- Associated Press
Molins and TITAN Acquire Baupartner, a Leading Precast Concrete Solutions Provider in Southeastern Europe
BRUSSELS--(BUSINESS WIRE)--Aug 4, 2025-- Regulatory News: Molins and TITAN (Brussels:TITC), both internationally recognized in the building materials industry for their advanced construction solutions, have formed a joint venture to accelerate the growth of the precast solutions business in Southeastern Europe. The two companies have signed an agreement to jointly acquire 80% of Baupartner, a leading precast concrete and steel structure specialist based in Bosnia and Herzegovina. The remaining 20% will stay with the founding shareholders, led by Eldin Hadžibegović, whose entrepreneurial vision and deep industry expertise have been key to establishing Baupartner's leadership in the region. Hadžibegović will continue to play an active role in the company's management as it continues its growth trajectory. Founded in 2010 and operating across Bosnia, Croatia, and Serbia, Baupartner specializes in the design, production, and assembly of tailor-made structural precast solutions. The company employs more than 280 people and brings strong engineering capabilities to complex industrial, logistics, and retail projects. In recent years, Baupartner has successfully delivered over 110 projects for a diverse portfolio of local and multinational clients. This acquisition consolidates Molins' and TITAN's commitment to sustainable, industrialized building in Southeastern Europe, meeting the evolving needs of customers and communities. Through it, Molins reinforces its leadership in the precast business by entering a new and strategically important market in Southeastern Europe, further strengthening its position as a global reference in industrialized construction. TITAN is complementing its existing portfolio with high-value structural precast solutions tailored to regional growth opportunities. Molins and TITAN have combined their strengths to form a powerful joint venture: Molins contributes its long-standing expertise in precast construction, TITAN brings its deep regional presence in Southeast Europe. The partnership is further strengthened by Baupartner's technical know-how and proven local execution capabilities. Together, they will create a robust platform to accelerate innovation, enhance operational efficiency, and drive sustainable growth in the precast business across the region. According to Marcos Cela, CEO of Molins, ' this agreement represents an important step forward in our growth strategy for the precast business. We are also very pleased with our partnership with TITAN, a leading company in the building materials sector with whom we share a common vision of innovation, sustainability, and digitalization to deliver high-value structural solutions in a growing market.' 'Both the acquisition of Baupartner and the joint venture with Molins perfectly align with our strategy to diversify our portfolio and advance the introduction of new and efficient construction technologies' said Marcel Cobuz, Chair of TITAN's Group Executive Committee . 'We will continue with our strategic partners to actively seek new growth opportunities in Southeastern Europe and beyond.' he concluded. Eldin Hadžibegović, Founder of Baupartner, added: 'I am proud of everything we have achieved as a team over the past 15 years. We have built a strong and reliable company, recognized across the region. I am excited that we are now becoming part of two highly successful companies, Molins and TITAN. Their involvement brings new strength, expertise, and stability to Baupartner. I am confident that together we will open new opportunities for growth, innovation and long-term sustainability.' The closing of the transaction is expected by the end of the third quarter, subject to the completion of customary legal procedures. Until then, the company will continue to operate independently. The parties have agreed not to disclose the financial terms of the deal. About Molins: With nearly one century of experience, we are a global leader in sustainable and innovative building solutions as well as carbon neutrality and circular economy promoters. Our clients value the quality of our products and building solutions, which are designed to shape a sustainable future. Sustainability is the hallmark of our integrated business model that includes cement, concrete, aggregates, construction solutions, precast solutions, urban landscape, and circular economy. Molins employs over 6,700 professionals located in Spain, Portugal, Mexico, Argentina, Uruguay, Bolivia, Colombia, Croatia, Turkey, Tunisia, Bangladesh, and India. About TITAN Group: TITAN Group is a leading international business in the building and infrastructure materials industry, with passionate teams committed to providing innovative solutions for a better world. With most of its activity in the developed markets, the Group employs more than 6,000 people and is present in over 25 countries, holding prominent positions in the US, Europe, including Greece, the Balkans, and the Eastern Mediterranean. The Group also has joint ventures in Brazil and India. With a 120-year history, TITAN has always fostered a family-and entrepreneurial-oriented culture for its employees and works tirelessly with its customers to meet the modern needs of society while promoting sustainable growth with responsibility and integrity. TITAN has set a net-zero goal for 2050 and has its CO₂ reduction targets validated by the Science Based Targets initiative (SBTi). The parent company is listed on Euronext and the Athens Exchange. For more information, visit our website at View source version on [email protected] KEYWORD: BELGIUM IRELAND CROATIA BOSNIA AND HERZEGOVINA SERBIA UNITED KINGDOM EUROPE INDUSTRY KEYWORD: ENVIRONMENT OTHER CONSTRUCTION & PROPERTY SUSTAINABILITY GREEN TECHNOLOGY CONSTRUCTION & PROPERTY BUILDING SYSTEMS SOURCE: TITAN Group Copyright Business Wire 2025. PUB: 08/04/2025 04:39 AM/DISC: 08/04/2025 04:38 AM
Yahoo
29-07-2025
- Business
- Yahoo
Eviden to deploy a 5G Mobile Private Network at Port of Ploče
Press Release Eviden to deploy a 5G Mobile Private Network at Port of Ploče Ploče, Croatia - July 29, 2025 – Eviden, the Atos Group product brand leading in advanced computing, cybersecurity products, mission-critical systems and vision AI, today announces that it has been awarded a strategic contract to deploy a 5G Mobile Private Network featuring key components of its Lifelink solution at the Port of Ploče in Croatia. This initiative marks a major step in the port's digital transformation journey through the ambitious Smart Port project, aimed at modernizing logistics, improving operational efficiency, and enhancing security using cutting-edge 5G technology. The Port of Ploče serves as a critical logistics hub in Central and Southeastern Europe, and the deployment of a dedicated 5G network will enable seamless, real-time connectivity across port operations. The project is being delivered in collaboration with local partner Markoja. "This implementation is a pivotal move toward smarter, safer and more connected port operations to support the Port of Ploče's digital agenda", said Sandi Marušić, Head of Eviden, Atos Group, in Croatia. 'We are proud to bring our industry-proven Lifelink solution designed to deliver secure, high-performance connectivity for mission-critical environments', said Lionel Toullier, Global Head of Critical-Communication Solutions, Eviden, Atos Group. 'Through this agreement, we will significantly enhance and digitalize processes within the port area. This will ultimately enable better traffic management, increase efficiency in the transport of goods and passengers, improve safety in cargo transport and port operations, and reduce pollution,' said Tomislav Batur, Director of the Port of Ploče Authority. The Lifelink 5G Mobile Private Network key components deployed by Eviden's critical communications experts, support: Real-time location system (RTLS): Enables accurate tracking of ships and vehicles, improves traffic, mooring and parking management within the port, and increases security by preventing unauthorized access. Advanced cargo monitoring: Implementation of smart cameras and sensors for automated cargo identification and analytics, improving the safety and efficiency of terminal operations. Incident prevention and management: Deployment of thermal cameras, fire sensors, and air and sea quality measurement sensors, along with a local weather station, to strengthen safety protocols and emergency response capabilities. Drone surveillance: The 5G private network will also support real-time drone operations for cargo and infrastructure monitoring. About Lifelink: Eviden's Lifelink solution is specifically designed for mission-critical environments. It offers: Secure and resilient communication Low-latency, high-throughput connectivity Integration with IoT, AI, and edge computing Custom engineering for complex operational landscapes Proven success of its Lifelink solution in defense, energy and utilities now leads Eviden to expand into large-scale infrastructure projects in the transport and manufacturing sectors. *** About Eviden Eviden is the Atos Group brand for hardware and software products with c. € 1 billion in revenue, operating in 36 countries and comprising four business units: advanced computing, cybersecurity products, mission-critical systems and vision AI. As a next-generation technology leader, Eviden offers a unique combination of hardware and software technologies for businesses, public sector and defense organizations and research institutions, helping them to create value out of their data. Bringing together more than 4,500 world-class talents and holding more than 2,100 patents, Eviden provides a strong portfolio of innovative and eco-efficient solutions in AI, computing, security, data and applications. About Atos Group Atos Group is a global leader in digital transformation with c. 72,000 employees and annual revenue of c. € 10 billion, operating in 68 countries under two brands — Atos for services and Eviden for products. European number one in cybersecurity, cloud and high-performance computing, Atos Group is committed to a secure and decarbonized future and provides tailored AI-powered, end-to-end solutions for all industries. Atos is a SE (Societas Europaea) and listed on Euronext Paris. The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space. Press contacts Atos Group: Isabelle Grangé | | +33 (0) 6 64 56 74 88 Eviden: Ivana Sotonica | | +385 91 2867 163 Attachment PR-Eviden to deploy a 5G Mobile Private Network at Port of Ploče
Yahoo
04-07-2025
- Business
- Yahoo
OMV Petrom discovers new natural gas reservoir in Spineni, Romania
Romania-based OMV Petrom has discovered a new natural gas reservoir in Spineni, marking a notable development in Southeastern Europe's energy sector. Located approximately 70km north-east of the southwestern city of Craiova, the discovery was made at the 1 Spineni exploration well, which was drilled to a depth of around 4,800m. The exploration well has confirmed the presence of natural gas and condensate, with production testing supporting the findings. Well tests have indicated a production potential of 180,000m³ of natural gas and 25m³ of condensate per day. This translates to a total of 1,300 barrels of oil equivalent per day from the discovery well, signifying a substantial addition to the region's energy resources. OMV Petrom Exploration & Production executive board member Cristian Hubati said: "In 2025, we plan to invest 5.8bn lei in exploration and production, with nearly half allocated to onshore operations, while also advancing offshore Neptun Deep, a strategic project that requires large-scale investment. "We continue to invest to contain the natural decline in production from mature fields and to pursue new near-field opportunities in proximity to our existing operations." The prospect was initially identified using data from the 3D Spineni seismic survey, which was conducted in 2022 within the X Craiova block. The testing phase has established the commercial viability of the discovery, allowing the approval of a development plan to exploit the reservoir. During the exploration phase of this onshore project, OMV Petrom has invested approximately €15m ($17.6m). The discovery of this new natural gas reservoir is poised to contribute significantly to the local and regional energy supply. In March, OMV Petrom and ROMGAZ started drilling at the Neptun Deep project, which is claimed to be the largest natural gas project in the Romanian Black Sea and the country's first deepwater offshore project. "OMV Petrom discovers new natural gas reservoir in Spineni, Romania" was originally created and published by Offshore Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
