Creactives Group SpA: Galp becomes a customer of Creactives
Verona (pta005/16.02.2021/08:03) - Verona, February 16, 2021. Creactives Group S.p.A. ( Creactives Group ) (ISIN IT0005408593 - ticker: CREG), an international company that develops Artificial Intelligence technologies to address real-life business problems in the Supply Chain, announces that Galp Energia, SGPS, S.A. (Galp) became a new customer of Creactives S.p.A., the fully owned operating company, and decided to adopt TAM 4, the next generation of Material Master Data (MMD).
Galp is a Portugal-based energy company committed to the development of efficient and sustainable solutions in its operations and in the integrated services it offers to customers. With a turnover of ca. 16bnUSD (2019) and more than 6.000 employees, the company is listed on Euronext - Lisbon with a market capitalization of approximately 7bnUSD.
Dos Santos briefly ran state oil company Sonangol from 2016 until 2017, when her father’s four-decade rule ended.
Representatives for Isabel dos Santos, who lives outside Angola, did not reply to a Reuters request for comment.
She has denied any connection to the holding company at the centre of the case - Exem - which she says was owned by her late husband, rejects charges of wrongdoing and says she faces a political witch hunt by Angola’s new leadership.
Subscribe to Our Newsletter
Subscribe to our newsletter and stay updated on the latest developments and special offers!
Representatives of Exem did not reply to a request for comment. Dutch law firm Van Doorne, which represents Exem in the lawsuit, also did not respond to a request for comment.
Galp buys 10% of lithium exploration project
Galp is to acquire 10% of the lithium exploration project at the Barroso Mine in Boticas, for US$6.4 million (€5.26 million), according to an agreement signed with Savannah Resources.
“Galp plans tosecure a 10 percent position in Savannah’s Portuguese subsidiaries that own the Barroso Mine for US$6.4 million [5.26 million Euros], a figure that will be used to continue work on the definitive feasibility study [‘Definitive Feasibility Study’ (“DFS”)] of the project, after due authorisations and the conclusion of definitive agreements for the partnership,” the statement sent by the mining company to the London Stock Exchange read.
Galp CEO Steps Down
Summary
by: Joe Murphy
Posted in:
Galp CEO Steps Down
Galp CEO Carlos Gomes da Silva has stepped down and will be succeeded by former Shell upstream director Andy Brown February 19, the Portuguese oil and gas company said on January 12.
Gomes da Silva is leaving two years before the end of his mandate. His departure was agreed by board chair Paula Amorim and will be voted on by shareholders at Galp s next general meeting, the company said on January 12.
The reason for his departure was not stated, although it comes as Galp looks to recover from net losses in the first, second and third quarters of last year as a result of the coronavirus pandemic s impact on markets. Gomes da Silva is also resigning as vice-chairman of the board.