Day: January 5, 2023

TOKYO: Proterial, Ltd. hereby announces that the Company’s trade name was changed from Hitachi Metals, Ltd. on January 4, 2023.

1. New trade name

Proterial, Ltd.

2. Thinking behind our company name

“Proterial” reflects the essence of our corporate philosophy, which consists of three elements: Mission: “Make the best quality available to everyone;” Vision: “Leading sustainability by high performance;” and Values: “Unfaltering integrity” and “United by respect.” It combines “pro-” with the word “material.”

“Pro-” represents our “three pros”:

Professional — work that exceeds expectations

Progressive — a spirit that keeps challenging

Proactive —an enterprising attitude

“Material” refers to the high-performance materials that our original technologies produce and which underpinned by the three pros. With our focus on solving customer issues and bringing new levels of value, we promise to contribute to the realization of a sustainable society through the products and services that embody our philosophy.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230104006049/en/

Source: Cyprus News Agency

Inflation for the period January-December 2022 recorded an increase of 8.4%, compared to the corresponding period of the previous year, according to data published by the Statistical Service of Cyprus on Thursday. For December, inflation fell to 7.9%.

For the period January-December 2022, the the largest changes in the Consumer Price Index, compared to the same period of 2021, were recorded in Housing, Water, Electricity, Gas and Other Fuels, by 21% and in Transport, by 16.3%.

In December 2022, the inflation fell to 7.9%. As regards the economic origin, the largest changes when compared to the index of December 2021 were recorded in Electricity, which increased by 32.7% and in Petroleum Products, by 12.9%.

Compared to December 2021, the largest changes were monitored in the categories Housing, Water, Electricity, Gas and Other Fuels, increased by 17.1% and Food and Non-Alcoholic Beverages, increased by 12.6%. The categories Food and Non-Alcoholic Beverages, Housing, Water, Electricity, Gas and Other Fuels and Transport had the largest effect on the change of the CPI, with 2.41, 2.32 and 1.51 units respectively.

Electricity and Petroleum Products had the most notable effect on the change of the CPI of December 2022 compared to December 2021, with 1.41 and 1.20 units respectively.

The CPI decreased by 1.12 units and reached 113.43 units compared to 114.55 units in November 2022. In comparison to the index of the previous month, the largest change was monitored in Agricultural goods, which decreased by 7.1%. The largest changes were noted in Food and Non-Alcoholic Beverages, which decreased by 2.9% and Transport, decreased by 2.3%).

The categories Food and Non-Alcoholic Beverages and Transport had the largest negative effect on the change of the CPI compared to the previous month, with 0.65 and 0.42 units respectively.

Finally, the largest negative effect was noted by Petroleum Products, with 0.57 units and fresh vegetables, by 0.56 units.

Source: Cyprus News Agency

The Industrial Turnover Index reached 180 units (base 2015=100), recording an increase of 16.9% in October 2022 compared to October 2021, according to data published by the Statistical Service of Cyprus, on Thursday.

In manufacturing, the Industrial Turnover Index for October 2022 reached 171.5 units, recording an increase of 10.4% compared to October 2021. Increases were also noted in the sectors of electricity supply and mining and quarrying, with 55.4% and 29%, respectively. The water supply and materials recovery sector recorded a decrease of 1.6% compared to October 2021.

For the period January-October 2022, the index recorded an increase of 22.2% compared to the corresponding period of the previous year, with the largest increase recorded in Electricity Supply, which recorded an increase of 65%.

Source: Cyprus News Agency

CHICAGO: an integrated digital marketing and public relations agency supporting life science and healthcare companies, and MC Services AG, a major European public relations and investor relations firm with a similar life sciences focus, announced today a strategic partnership between the agencies. The two companies have created an integrated service platform for biotech and pharmaceutical companies to extend their reach and access more easily to capital, talent, and business audiences on both sides of the Atlantic. Both firms will remain fully and legally independent.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230105005125/en/

For MC Services, this partnership provides an industry-respected gateway for accessing marketing, branding, digital marketing, public relations, and advertising capabilities in the U.S. And as CG Life’s clients increasingly request global capabilities across PR, branding, paid media, and more, CG Life will be able to activate a highly experienced communications and investor relations team in Europe and in Germany, in particular—the largest European healthcare market.

“Accessing the U.S. market is vital for the European biopharma sector, and we have worked for many years to better connect our clients to the life science ecosystem in the States,” said Raimund Gabriel, Managing Partner of MC Services. “We are excited to continue that mission by establishing a strategic alliance with CG Life, a like-minded agency in the U.S. with a global view that is equally committed to quality and performance.”

“Through extensive discussion, analysis, and reflection, both agency teams recognized that we share very similar cultural values, commitment to our clients and science, and an emphasis on providing business solutions rather than just delivering services,” said CG Life Managing Partner Erik Clausen. “We couldn’t be happier that we found a partner in MC Services that has the experience, skill and mindset, and relationships to collaborate with us and our clients.”

Source: Cyprus News Agency

A total of 9.2 million passengers travelled through Cyprus airports in 2022, which corresponds to 82% of passenger traffic in 2019, Senior Director of Aviation Development, Marketing & Communication of Hermes Airports Maria Kouroupi, has told CNA.

“The year 2022 ended with 9.2 million arriving and departing passengers, a figure that corresponds to approximately 82% of 2019 passenger traffic,” she said.

She added that despite the challenges for the airports, such as the pandemic, Russia’s invasion of Ukraine with the suspension of flights from the two countries, as well as the lack of staff observed in the airlines and ground handling companies, they managed to achieve substantial recovery of passenger traffic and connectivity of Cyprus and to lay the foundations for a stable upward track.

Kouroupi noted that “in 2022 we had flights from 50 airlines in 38 countries and 140 routes,” adding that the most popular destinations for 2022 were the United Kingdom, Greece, Israel, Germany, Poland, Austria, Sweden, Italy, Hungary and Romania.

She also noted that the continuous communication with the airlines and the two-way exchange of information, the joint actions and the incentive plans, were very important elements for the success.

When asked what was expected for the new year in terms of air traffic, Kouroupi said that “if there is no setback with the pandemic, we remain optimistic as we receive encouraging messages “. She added that the airlines have drawn up an ambitious program with many new destinations, but also with strengthening of the existing routes.

Source: Cyprus News Agency