AZERBAIJAN > UK based BP to starts up landmark Shah Deniz 2 development in Azerbaijan

bp-logo The largest subsea infrastructure operated by BP worldwide, the Shah Deniz 2 gas development in Azerbaijan is a $28 billion project which was announced by BP and its partners to start, including its first commercial gas delivery to Turkey. BP is also starting for the Southern Gas Corridor series of pipelines that will deliver gas from the Caspian Sea direct More …

INDIA > IFC which is a member of the World Bank Group is set to invest INR 6.4 billion ($100 million) in Mahindra & Mahindra Financial Services Ltd (Mahindra Finance)

IFC logo   Investing $100 million in Mahindra Finance, IFC intends to enable Mahindra Finance to further augment its growth and in turn extend mainly farming loan to individuals to buy tractors, vehicles and other equipment along with financing small and medium enterprises. To be secured through nonconvertible debentures, this loan will assist Mahindra Finance which is already the country’s leading rural More …

USA > UK based Third Bridge expands in the USA with second office

third bridge logo A leading research firm that primarily serves investment companies, Third Bridge is expanding in the US with opening of an office in Los Angeles. Third Bridge established its North American headquarters in New York City in 2010 and since the US team has grown to over 200 employees. The expansion of the second office in Los Angeles was as a More …

FRANCE > TSG consulting is set to open new office in Paris, France

tsg consulting logo A Science Group company, TSG consulting is set to open office in Paris, France with focus on key European markets particularly France, Germany and Spain. Collectively offering almost 50 years of experience in the chemicals industry, TSG consulting office in Paris will be led by Philippe Kuenemann, supported by three senior consultants. Philippe Kuenemann is joining TSG from Phyteurope which More …

INDIA > UK based IHG is set to open in Agra, India with the signing of Holiday Inn Agra MG Road

IHG logo For strengthening its presence in India, UK based IHG is set to open Holiday Inn Agra MG Road. IHG has signed a management agreement with Hotel Maria Agra for the Holiday Inn Agra MG Road. Expected to have 150 rooms, Holiday Inn Agra MG Road is to be operational in 2018. With this IHG completes the Delhi- Jaipur- Agra Golden More …

SPAIN > USA based American Axle & Manufacturing, Inc. is set to expand in Spain with a new manufacturing facility in Barcelona

AAM logo A global leader in the design, engineering and manufacturing of automotive driveline and powertrain components, American Axle & Manufacturing, Inc. (AAM) is set to expand operations in the industrial area of Viladecans in Barcelona. The new manufacturing facility is expected to support European automakers. The 15000 square meters facility is located 20 km southwest of Barcelona and is set to More …

SPAIN > The Netherland based Aegon is set to expand its partnership with Banco Santander in Spain investing a total amount of EURO 290 million ($337.4 million) depending upon the performance of the partnership

Aegon logo Aegon is set to expand its partnership with Banco Santander in Spain covering term life and selected lines of non- life insurance following Banco Santander’s acquisition of the Banco Popular franchise in 2017. According to Alex Wynaendts, CEO of Aegon: “I am delighted to announce an expansion of the existing relationship with Banco Santander, which will give us access to More …

TURKEY > China based Alibaba is set to make strategic investment in Turkey based Trendyol

alibaba logo The world’s largest online and mobile commerce company, Alibaba Group has entered an agreement with Turkey’s leading e- commerce platform Trendyol in which Alibaba will invest into the company as well as acquire shares from existing investors. Marking the largest internet sector transaction in Turkey to date, according to the agreement Trendyol and Alibaba will cooperate to accelerate Trendyol’s growth More …