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Roadzen Inc. to Begin Trading on Nasdaq After Successful Closing of its Business Combination

Roadzen Inc. to Begin Trading on Nasdaq After Successful Closing of its Business Combination

Roadzen, Inc. and Vahanna Tech Edge Acquisition I Corp. closed their business combination on September 20, 2023. Roadzen will start trading on Nasdaq tomorrow under the tickers “RDZN” and “RDZNW” for its ordinary shares and warrants, respectively. Roadzen’s mission is to transform the insurance experience for drivers around the world by giving them lower premiums, [...]

Detroit, Italy Starring at the Opening of the Auto Show 2023

Detroit, Italy Starring at the Opening of the Auto Show 2023

DETROIT, Sept. 14, 2023 (Korea Bizwire) – (LaPresse) Italy has been a main protagonist on the opening day of the Detroit Auto Show 2023. “Italy is synonymous with automotive”, underlined the Italian consul in Detroit, Allegra Baistrocchi, who organized the Italian presence as part of the Mobility Global Forum, a two-day symposium attended by managers [...]

Iveco Group Announces Anna Tanganelli As Its New Chief Financial Officer

Iveco Group Announces Anna Tanganelli As Its New Chief Financial Officer

Turin, 13th September 2023 (Korea Bizwire) – Iveco Group N.V. (EXM: IVG) today announces that Anna Tanganelli will assume the role of Chief Financial Officer (CFO) as of 1st December 2023, succeeding Francesco Tanzi who served as CFO during Iveco Group’s successful spin-off and first year and a half as an independent Company. Ms Tanganelli will be a member of [...]

Iveco Group 2023 Second Quarter Results

Iveco Group 2023 Second Quarter Results

The following is an extract from the “Iveco Group 2023 Second Quarter and First Half Results” press release. The complete press release can be accessed by visiting the media section of the Iveco Group corporate website: https://www.ivecogroup.com/media/corporate_press_releases or consulting the accompanying PDF: Iveco Group consolidated revenues of €4.2 billion (up 24% year-on-year). Adjusted EBIT of €301 million (up [...]

Iveco Group N.V. to Present Its 2023 Second Quarter Results on 2nd August 2023

Iveco Group N.V. to Present Its 2023 Second Quarter Results on 2nd August 2023

Turin, July 18 (Korea Bizwire) – Iveco Group N.V. (MI: IVG) confirmed today that its financial results for the Second Quarter of 2023 will be presented on Wednesday, 2nd August 2023. A live audio webcast of the conference call will begin at 11:00 am CEST / 10:00 am BST on Wednesday, 2nd August 2023. Details for accessing the webcast are [...]

GTT (Gruppo Torinese Trasporti) with IVECO BUS and ENEL X for Electric Mobility in Turin

GTT (Gruppo Torinese Trasporti) with IVECO BUS and ENEL X for Electric Mobility in Turin

Final meeting today of the Tender Committee for the supply of 225 new electric buses: IVECO BUS with Enel X and IVECO Orecchia at the top of the list. Turin, July 12 (Korea Bizwire) – 225 new, full electric buses with the supply and installation of charging infrastructures and accumulation systems, for more than 150 million euros in funding [...]

Iveco Group’s Acquisition of the Full Control of Nikola Iveco Europe

Iveco Group’s Acquisition of the Full Control of Nikola Iveco Europe

Turin, June 30 (Korea Bizwire) – Iveco Group N.V. (MI: IVG) announces that, following the finalization of the definitive agreements with Nikola Corporation as per the terms sheet described on 9th May 2023, its subsidiary Iveco S.p.A. has acquired the full and sole ownership of the German company resulting from the former joint venture Nikola Iveco Europe, now [...]

Iveco Group 2023 First Quarter Results

Iveco Group 2023 First Quarter Results

The following is an extract from the “Iveco Group 2023 First Quarter Results” press release. The complete press release can be accessed by visiting the media section of the Iveco Group corporate website: https://www.ivecogroup.com/media/corporate_press_releases or consulting the accompanying PDF: Iveco Group consolidated revenues of €3.4 billion (up 11.5% year-on-year). Adjusted EBIT of €162 million and adjusted net income [...]

Impacts on Iveco Group Financial Statements Deriving from the Announced Transaction with Nikola Corporation

Impacts on Iveco Group Financial Statements Deriving from the Announced Transaction with Nikola Corporation

Turin, May 9 (Korea Bizwire) – With reference to the announced transaction through which Iveco Group (MI: IVG) will assume full ownership from Nikola Corporation of the joint venture in Europe, Iveco Group will record a one-off €44 million negative impact in its income statement for Q1 2023, qualified as “adjusting item” for the purpose of [...]