Bay Crest Partners Welcomes Marcos Pagani as Managing Partner

Seasoned trading executive, Marcos Pagani, joins Bay Crest Partners as Managing Partner

NEW YORK, May 26, 2022 (GLOBE NEWSWIRE) — Bay Crest Partners LLC, a technology-driven, premier agency-only brokerage firm focused on institutional clients, today announced that Marcos Pagani has been appointed Managing Partner. He brings to Bay Crest 20 years of experience in the fields of equities and derivatives execution expertise and has been a core player in the improvement and transparency of market structure. Most recently, Mr. Pagani served for nine years as managing director of BGC Partners, where he was responsible for providing execution services to institutions. Before that, he was the founding member of Momentum Partners and co-head of equities for GFI Group in the U.S.

“Marcos has significant execution expertise across all market and volatility cycles and an unrivaled client base. We are delighted that he is joining us as Managing Partner of Bay Crest for our next phase of growth. His impressive understanding of dark pools’ mechanics is apparent in that many of the best industry leaders have come to rely on him to quietly source deep institutionalized-sized liquidity in equity and options,” said William Mulligan, Chief Executive Officer, and Principal.

“We believe we have a solid foundation, and the Bay Crest team looks forward to working with Marcos to enhance our portfolio of services and deliver the next value proposition to our clients. Bay Crest continues to build out our execution capabilities across multiple product lines making considerable strides toward becoming the top technology-driven, high-touch venue for institutions looking for a true unconflicted execution partner,” said Anthony Riccio, Principal.

“I am very excited to join Bay Crest with so much growth still ahead for the firm,” Mr. Pagani said. “I look forward to working closely with William, Anthony and the entire Bay Crest team to leverage the already native execution-focused DNA of the firm while also working closely with the A.I. team on cutting-edge trading and data products. I am extremely impressed with Bay Crest’s established volumes in equities and derivatives. The firm occupies a unique position in today’s brokerage landscape: an execution model powered by technology but driven by the entrepreneurial spirit of the traders themselves. I want Bay Crest to be the place every talented trader in our industry can have a voice on how to improve execution outcomes, provide value-added coverage to our clients and be successful at it.”

About Bay Crest

Established in 1993, Bay Crest Partners, LLC is a premier agency-only, unconflicted brokerage firm focused on institutional clients globally. The firm clears through Bank of America Merrill Lynch, employs best-in-class technology, and invests in building proprietary fintech to provide a critical edge in servicing clients’ needs. Bay Crest offers clients trading execution expertise at the scale of larger firms with the high-touch service of an independent practice. Investing in innovative technology to promote connectivity and enhance execution is at the core of Bay Crest. In 2021, the firm transacted and facilitated over $800 billion in equity notional value and over sixty-five million listed equity option contracts.

Media Contact:
Maureen McNicholas
media@baycrestpartners.com
baycrestpartners.com

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Employer Branding Agency Launches Recruitment Tech Company

Happy Dance

Happy Dance

LIVERPOOL, England & NEW YORK, May 26, 2022 (GLOBE NEWSWIRE) — Global Employer Brand Agency, Ph.Creative, has launched an exciting new recruitment technology company featuring a flagship enterprise-level careers website SaaS platform. ‘Happy Dance‘ is set to disrupt a sector that Ph.Creative believes has underinvested and overlooked careers websites in favor of larger technology products required to drive an end-to-end recruitment process.

“Happy Dance has evolved from the tools we use to fulfill the employer brand needs of our client partners,” says Jim Taylor MD, of the new enterprise. “We’ve been building engaging and responsive websites for years and realized there was a major gap in the market that we could fill: an enterprise-level SaaS that didn’t test the sanity of its users with less-than-adequate admin and positively zero design thinking.”

Happy Dance was originally built by Ph.Creative for its own use. “We’d perfected the system to the point where it was so intuitive, so easy to use, launching as a standalone just made sense. The existing options all come from big, back-end technology operators: they’re systems designed in the dark. By contrast, we’re from an agency world that’s purpose built to be responsive and accommodating. It’s what we do for a living, after all.”

“We’ve seen and heard so many horror stories from Employer Brand and Talent managers about systems they’d tied themselves into – the hidden costs, the clunky interfaces, the shockingly bad SEO and deathly slow load times,” continues Taylor. “We felt like we had to do something to help. I mean, why wouldn’t you?”

Happy Dance is a SaaS product, refined with input from 20+ F500 founding customers—including the likes of Dominos, DAZN, King Games and Tipico— and it is ready for launch.

“This tech is head and shoulders above anything else in the Talent Acquisition marketplace, and when you mix that with the world-class design capability, the results are a 10x improvement. I’ve used it in my last 2 companies, and I’d highly recommend it to TA Leaders serious about high performance.” Graeme Johnson, Talent Director of the Merlin Entertainment Group

Happy Dance offers talent attraction and brand leaders a flexible careers website design with all the features, functions, and integration options enterprise-level businesses need to manage the candidate experience at scale. In addition, the CMS (Content Management System) has a real next-generation capability to analyze and grade content for bias, sentiment and readability, as well as SEO; all built into the admin controls.

Users benefit from all the tricks learned from years in this sector. Happy Dance puts it all at their fingertips, maximizing the inclusivity, engagement and search engine performance of their careers website, without lengthy admin delays for updates. It’s about time!

“Our site was delivered on time, to specification and within budget—despite a tight timeline! The team really knocked it out the park.”  Nick Katsefaras, Enterprise Systems Manager, Dominos US.

SEO is nothing new to the world of marketing, yet it’s been slow to catch on significantly within recruitment marketing by comparison. It’s not down to education or understanding, it’s more likely due to the prohibitive constraints of existing career website platforms. What Happy Dance delivers is yet another innovative opportunity has been refined and fine-tuned as part of the Ph.Creative tool set – www.jobpagegrader.com.

Job Page Grader ranks a job description page according to several key criteria. It’s already freely available to anyone, delivering insights from over 100,000 submissions, collected over the last three years:

“This is big data used intelligently. It’s helped us to design a much better mousetrap,” said Bryan Adams, Founder and CEO of Ph. Creative.

The Happy Dance offering is a combination of SaaS technology with a concierge service:

  1. Get real design flexibility and say goodbye to the limitations imposed by restrictive templates
  2. Enjoy lightning-fast pages, that are 100% SEO ready, with 301 mapping to make sure they retain their search engine ranking
  3. Discover proper personalization, multilingual, quick-apply and mobile-first interface design
  4. Manage your own content, 24/7, so you aren’t waiting for an admin team in a warehouse on the other side of the world to respond to your change requests
  5. Discover pain-free implementation, delivered 100% ready to rock ‘n’ roll
  6. Get features and functions that elevate the experience and create first impressions that force candidates to apply.

According to Dave Hazlehurst, partner at Ph.Creative, the move into SaaS fits with the parent agency’s ‘experience by design’ business model: “In an industry that talks obsessively about the candidate experience, there’s been this gaping hole in the market when it came to enterprise-level business. Happy Dance is here to plug that gap.”

The feature list, which includes a tech development roadmap, prioritizes what talent and brand leaders really want. Happy Dance combines methods learned from empathetic listening with a real understanding of how candidates move through a website.

“This is a careers website product that delivers agency-style collaboration and a commitment to getting the basics right, with robust next-generation features at the scale only SaaS can offer. We think the current choices in the marketplace are somewhat incapable of delivering on the basics well, regardless of the odd whistle and bell that’s hyped. We’re looking forward to going head-to-head with our new competitors in what is now a really exciting space,” says Bryan Adams, CEO & Founder of Ph.Creative.

Ph.Creative, known as the ‘Defenders of Happiness’, say the product brand name, Happy Dance represents that ‘new careers website’ feeling they share when they design, configure and launch something special with each new client partner.

“I’ve seen multiple clients express pure joy and happiness when they realize they are never going to have to deal with the website technology they’d spent years struggling with. This makes us all want to do a little happy dance! added Paul Mason, Head of Digital Sales at Happy Dance.

Happy Dance is available for demonstration at www.happydance.love where you’ll also find case studies and information with regards to features, implementation processes and what Happy Dance customers have to say about this exciting new technology.

Press contact
Bryan Adams
bryan@ph-creative.com

Related Images

Image 1: Happy Dance

Image 2: Ph.Creative

Image 3: Happy Dance Website

Image 4: Tipico Careers Site

Image 5: Domino’s Jobs Website

Image 6: Entain Careers Website

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The Metals Company Publishes Inaugural Impact Report Detailing Future Operations and Strategy for Net-Positive Planetary Impact

  • TMC’s first Impact Report outlines the Company’s mission to create a carefully managed metal commons by unlocking the planet’s largest undeveloped source of high-grade battery metals amid surging demand for these materials as the world seeks to address the climate crisis
  • In the context of an accelerated transition to renewable energy and electric transport, TMC outlines the anticipated impacts and mitigation measures for its plans to collect polymetallic nodules from the Clarion Clipperton Zone (CCZ) of the Pacific Ocean
  • In addition to providing operational and environmental program details, the report breaks down TMC’s governance and stakeholder engagement, the regulatory context surrounding the nodule collection industry in international waters, and the Company’s relationships with its Pacific Island sponsoring states: Nauru, Tonga and Kiribati

NEW YORK, May 26, 2022 (GLOBE NEWSWIRE) — TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “The Metals Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today released its first Impact Report detailing the Company’s past, present and expected future ESG impacts, while providing insight into the drivers of its efforts to collect nodules from the CCZ including the global scramble to meet an estimated six-fold increase in the production of metals required for the energy transition.

The report provides a forward-looking view of the impacts of TMC’s expected operations and its efforts to reduce or eliminate these before a single nodule is commercially collected, in line with the Company’s focus on creating a net-positive planetary impact. The report outlines the case for polymetallic nodules in the CCZ as an alternative, large-scale supply of potentially lower-impact nickel, cobalt, copper and manganese, as compared with terrestrial sources, and outlines the Company’s goal of using nodule-derived metals to build up recyclable stocks of battery materials as the basis of a future circular metals economy.

Gerard Barron, CEO & Chairman of The Metals Company, said: “To build a green future, our generation will need to mine more metal than we have mined in our entire history. This will lead to more emissions, more social displacement, more habitat destruction and more biodiversity loss. The questions are: How much? Where? Who will bear the brunt of the ESG costs? Can we afford it? Can the planet? Working through these trade-offs will require realism, pragmatism and some courage. In this inaugural Impact Report, we share how we intend to navigate these choppy waters and give stakeholders a full picture of who we are, why we exist, and how we plan to execute our mission.”

Erica Ocampo, Chief Sustainability Officer of The Metals Company, said: “We share the vision set forward by the U.N. SDGs of a thriving world for all. By openly providing the information in this report we are inviting a dialogue to help drive solutions that will bring that vision to life. With nodules in international waters considered the common heritage of humankind, TMC is committed to putting the resource to work for generations to come and we welcome partnerships, including those with unlikely allies, because now is the time to act to create the future that we want.”

TMC’s Impact Report also details the Company’s corporate structure and governance, the partnerships with its Pacific Island sponsoring states, the regulatory regime governing the international waters of the Clarion Clipperton Zone (CCZ); as well as TMC’s strategy to contribute to the UN Sustainable Development Goals (UN SDGs). Presented on behalf of TMC and its subsidiaries, the report covers the Company’s offshore exploration activities and onshore processing trials from 2012 until December 31, 2021 and also serves as the Company’s U.N. Global Compact Communication of Progress for 2021.

For positive impacts to date, The Metals Company has focussed on:

Advancing deep-sea ecosystem knowledge
TMC is contributing knowledge of the deep ocean through a comprehensive environmental program, which analyses areas of the CCZ from the surface down through the water column to the abyssal plain. In 2021, TMC completed five environmental campaigns in partnership with world-leading ocean scientists. The data collected is expected to inform hundreds of peer-reviewed studies in the years to come and will be made available through the ISA’s public environmental database.

Improving operational visibility for all stakeholders
TMC entered into an agreement with Kongsberg Digital on the development of its Digital Twin and Adaptive Management System to provide 3D visualization of the deep-sea operating environment and enable operations to stay within ecological thresholds. While the nodule resource lies in perpetual darkness three miles deep, these systems will enable the Company to collect nodules in clear sight of both the regulator and stakeholders.

Contributing to peer-reviewed scientific literature
When it comes to extracting the raw materials needed to combat climate change, most current solutions present themselves as difficult trade-offs. In 2021, TMC contributed to the discussion as to where these metals should come from by commissioning and publishing two peer-reviewed research papers in high-impact journals, considering both the solid waste streams from producing critical minerals and the opportunities for ethically sourcing critical metals from nodules collected from the CCZ.

Building tomorrow’s STEM pipeline
From secondary school scholarships to technical training to undergraduate and graduate scholarships, TMC is fostering STEM education in its sponsoring and developing states, with a particular emphasis in promoting women’s participation in these opportunities. In 2022, TMC is supporting nine students (eight undergraduates and one postgraduate) in their studies at the University of the South Pacific (USP) in Suva, Fiji, through its scholarship program, and two students have graduated with Bachelor’s degrees to date. Through its scholarship programs, the Company is currently supporting nine secondary school scholarships in Tonga and has provided 10 technical training scholarships at the Tonga Maritime Polytechnic Institute between 2020-2021. The Company is currently supporting nine undergraduate scholarships and one master’s level scholarship at USP.

Reducing lifecycle impacts of nodule processing
In 2021, TMC found a way to reduce the consumption of metallurgical coal during the pyrometallurgical processing phase by at least 10%, as part of the validation process for its near-zero solid waste processing flowsheet.

Supporting sponsoring state communities
Through its community grant programs, TMC supported 16 community-led initiatives and sponsorships in Nauru and 16 community-led initiatives in Tonga, focussed on five themes: ocean health and the environment; women’s empowerment; youth initiatives; sanitation and water; and healthy living and food security. In 2021, these projects included the planting of mangroves, a powerlifting championship and waste management programs.

Focusing on gender parity in the boardroom, targeted among workforce
With just 3% of S&P 500 companies’ boards comprised of 50% or more women today, TMC joined a small but rapidly growing number of companies delivering on 50% gender parity goals with the appointment of Kathleen McAllister to its board. Across its wider workforce, 35% hail from racially diverse backgrounds and 32% of TMC staff are female.

Strengthening oversight of ESG performance
TMC is developing a governance structure that firmly embeds ESG topics into its business and has established a Sustainability & Innovation Committee at the Board level to oversee and review the Company’s Sustainability and Innovation objectives as well as hired a Chief Sustainability Officer, Erica Ocampo, to establish and shepherd TMC’s strategic framework on sustainability.

TMC’s 2021 Impact Report was prepared using the Global Reporting Initiative (GRI) Standards as guidance. In addition to GRI, the report references additional frameworks including the Task Force on Climate-related Financial Disclosures (TCFD), and Sustainability Accounting Standards Board (SASB) for the minerals and mining sector.

To download TMC’s 2021 Impact Report, click here.

About The Metals Company
The Metals Company is an explorer of lower-impact battery metals from seafloor polymetallic nodules, on a dual mission: (1) supply metals for the clean energy transition with the least possible negative environmental and social impact and (2) accelerate the transition to a circular metal economy. The Company through its subsidiaries holds exploration and commercial rights to three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean regulated by the International Seabed Authority and sponsored by the governments of Nauru, Kiribati and the Kingdom of Tonga.

More Info 

Media | media@metals.co
Investors | investors@metals.co

Forward Looking Statements

Certain statements made in this press release are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. The forward-looking statements contained in this press release include, without limitation, statements regarding a net positive planetary impact, the development of and build up of a recyclable stock of battery metals or a circular economy for such battery metals. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside TMC’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: regulatory uncertainties and the impact of government regulation and political instability on TMC’s resource activities; changes to any of the laws, rules, regulations or policies to which TMC is subject; the impact of extensive and costly environmental requirements on TMC’s operations; environmental liabilities; the impact of polymetallic nodule collection on biodiversity in the Clarion Clipperton Zone and recovery rates of impacted ecosystems; TMC’s ability to develop minerals in sufficient grade or quantities to justify commercial operations; the lack of development of seafloor polymetallic nodule deposit; uncertainty in the estimates for mineral resource calculations from certain contract areas and for the grade and quality of polymetallic nodule deposits; risks associated with natural hazards; uncertainty with respect to the specialized treatment and processing of polymetallic nodules that TMC may recover; risks associated with collective, development and processing operations; fluctuations in transportation costs; testing and manufacturing of equipment, including software and hardware needed to support the collection, transport and processing of nodules, including the Digital Twin and the AMS; risks associated with TMC’s limited operating history; the impact of the COVID-19 pandemic; risks associated with TMC’s intellectual property and the validity, use and ownership of any new technology or intellectual property subsisting therein; and other risks and uncertainties indicated from time to time in the Company’s Form 10Q filed with the Securities and Exchange Commission (SEC) on May 9, 2022, including those under “Risk Factors” therein, and in TMC’s other future filings with the SEC. TMC cautions that the foregoing list of factors is not exclusive. TMC cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. TMC does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based except as required by law.

Qommodity Will Present Their New EcoSystem at Bitcoin Bucharest 2022

Qommodity is about monetization of natural resources, adaptation of disruptive technologies supported by a cutting-edge interoperable blockchain eco system and hybrid solutions between crypto and the traditional monetary infrastructures.

Qommodity at Bitcoin Bucharest 2022

Qommodity at Bitcoin Bucharest 2022

BUCHAREST, Romania, May 26, 2022 (GLOBE NEWSWIRE) — Bitcoin Bucharest 2022 takes place on May 30 and 31 at The Marmorosch Bucharest, Autograph Collection Hotel, being the first event of its kind in the Romanian capital that aims to bring together cryptocurrency, blockchain, web 3.0, metaverse and NFT enthusiasts. With a revolutionary approach to virtual currency, natural resources and blockchain technology, the Qommodity brand takes part in the event, where it will talk about the advantages of QAA and the solution it offers at the border between the crypto world and the traditional financial system.

The conference brings to Romania, which is the second largest country in Europe in terms of cryptocurrency users, the atmosphere and professionalism that can nowadays only be found at the big events in that field in Dubai or Miami. During the two days, all those interested will be able to discover the philosophy behind the Qommodity brand, how resources are digitized in Sierra Leone, as well as details about the particularities of the blockchain technology it uses.

The novelty of Qommodity’s participation in the event, beyond the digitization of natural resources, is the innovative method by which their value is translated into the digital world without affecting the environment. In addition, thanks to the Sourceless blockchain, users will benefit from new standards of transaction protection.

All the details about the project will be discussed directly with the brand representatives, present during the two-day event. More details about the event, tickets and the program can be found on the official event website: https://bitcoinbucharest.ro/

About Qommodity

Qommodity’s mission is to provide an innovative way to make natural resource harvesting affordable without negatively impacting the environment. The company’s business is not based on extracting resources, but uses their value to contribute to the development of local communities in the area of operation and aims to provide long-term stability. Qommodity’s goals include: monetizing resources, increasing accessibility to new opportunities for those interested, a high level of security through the use of state-of-the-art blockchain technology via SourceLess partners, diversifying methods of generating revenue and aligning with financial standards, all within a decentralized system where transparency is key.

www.qommodity.io
marketing@qommodity.io

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Image 1: Qommodity at Bitcoin Bucharest 2022

Qommodity at Bitcoin Bucharest 2022

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U.S. Polo Assn. Announced as Finalist for Best Sport Licensed Brand in the 2022 Licensing International Excellence Awards in Las Vegas

U.S. Polo Assn.

U.S. Polo Assn.

WEST PALM BEACH, Fla., May 26, 2022 (GLOBE NEWSWIRE) — U.S. Polo Assn., the official brand of the United States Polo Association (USPA), is pleased to announce the brand’s nomination as a finalist for the prestigious 2022 Licensing International Excellence Awards for Best Sport Licensed Brand. The Licensing International Excellence Awards honor the way brands use licensing in innovative and creative methods to further their goals, products, and marketing around the globe.

Winners in 25 categories were selected by an expert global judging panel and voted on by members of the licensing industry at large from 165 finalists around the world. With more than 800 entries received, U.S. Polo Assn. was recognized as a finalist in the category for Best Sport Licensed Brand.

The multi-billion-dollar U.S. Polo Assn. brand’s authentic connection to the sport of polo has been enhanced more than ever before by a year of outstanding storytelling, partnerships, sponsorships, and philanthropic endeavors. The nomination acknowledged U.S. Polo Assn.’s growth and achievements, attributed to the brand’s nearly $2 billion in global retail sales and distribution across 190 countries through 1,200 U.S. Polo Assn. stores as well as third-party retailers and e-commerce in 2021. Additional achievements include the expansion of the brand’s global online presence, activating more than 36 websites translated into 18 different languages, as well as a global partnership with ESPN to air the top polo games in the world, including the FIP World Polo Championships in October 2022.

Stiff competition with U.S. Polo Assn. for the Best Sport Licensed Brand included notable brands, such as Formula 1, Football Greats Alliance, The National Football League Plays Association (NFLPA), Tokyodachi, World Wrestling Entertainment, Inc. (WWE), and Yale University. In this extremely competitive category, Formula 1 was named the winner.

“On behalf of our global team and our licensing and retail partners around the world, we are honored that U.S. Polo Assn. was nominated for the Best Sport Licensed Brand,” says J. Michael Prince, CEO & President of USPA Global Licensing, the company that oversees the multi-billion-dollar U.S. Polo Assn. brand. “We are proud to be recognized alongside other industry-leading licensees, and we will continue to build on our long-term growth strategy to bring our authentic, sport-inspired lifestyle brand to consumers around the world.”

Prince also sends his congratulations to Formula 1 for their performance this year and their win.

Attending the event this year, on behalf of U.S. Polo Assn., was Molly Robbins, SVP of Global Licensing & Business Development for the U.S. Polo Assn. brand.

“Despite retail industry and supply chain challenges amid the global pandemic, the U.S. Polo Assn. lifestyle brand has continued to grow through product innovation, marketing, digital and public relations initiatives,” added Robbins.

The Excellence Awards were held at The LIGHT Vegas Nightclub on May 23, 2022, and hosted by George Leon, CEO and Founder of Cakewalk Entertainment. The ceremony was held in person for the first time in two years in Las Vegas, Nevada, to celebrate the best of the global licensing industry.

About U.S. Polo Assn. and USPA Global Licensing Inc. (USPAGL)

U.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the nonprofit governing body for the sport of polo in the United States and one of the oldest sports governing bodies, having been founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through some 1,200 U.S. Polo Assn. retail stores, department stores, sporting goods channels, independent retailers and e-commerce, U.S. Polo Assn. offers apparel for men, women, and children, as well as accessories and footwear in 190 countries worldwide. Ranked the fifth largest sports licensor in License Global magazine’s 2020 list of “Top 150 Global Licensors,” U.S. Polo Assn. is named alongside such iconic sports brands as the National Football League, the National Basketball Association and Major League Baseball. Visit uspoloassnglobal.com.

USPA Global Licensing Inc. (USPAGL) is the for-profit subsidiary of the USPA and its exclusive worldwide licensor. USPAGL manages the global, multi-billion-dollar U.S. Polo Assn. brand and is the steward of the USPA’s intellectual properties, providing the sport with a long-term source of revenue. Through its subsidiary, Global Polo Entertainment (GPE), USPAGL also manages Global Polo TV, the world’s leading digital platform with polo and lifestyle content. In addition, USPAGL partners with ESPN and beIN Sports globally to share the sport of polo broadcasts on television and on-demand to millions of viewers around the world.  For more polo content, visit globalpolo.com.

###

For further information contact: 

Stacey Kovalsky – Senior Director, Global Communications

Phone +001.561.790.8036 – E-mail: skovalsky@uspagl.com

Kaela Drake – PR & Communications Coordinator

Phone +001.561.461.8596 – E-mail : kdrake@uspagl.com

Related Images

Image 1: U.S. Polo Assn.

U.S. Polo Assn.

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EV Technology Group Announces Platform for Sustainability, Setting the Stage for Further ESG Investment

Beyond de-carbonization: EV Technology Group also supports high-quality employment in local communities and corporate governance best practices

Beyond de-carbonization: EV Technology Group also supports high-quality employment in local communities and corporate governance best practices

TORONTO, May 26, 2022 (GLOBE NEWSWIRE) — EV Technology Group Ltd. (“EV Technology Group”, “EVT Group” or the “Company”) (NEO: EVTG, DE:B96A) launched its sustainability platform today, including an articulation of its ESG aspirations and purpose — to drive the adoption of electric vehicles (“EVs”). EV Technology Group’s sustainability platform outlines how it plans to support decarbonization and its approach to overcoming environmental, societal and governance issues that can create obstacles to eliminating CO2 emissions. EV Technology Group is leading the way for positive change in this space through strategic investments in electric vehicle brands and invites further ESG investor interest in the Company’s growth story. The detailed platform is available for download today on EV Technology Group’s website at: https://evtgroup.com/sustainability-platform

EV Technology Group’s sustainability platform begins with its commitments to the environment — notably to reimagine existing internal combustion engine (“ICE”) vehicles as EVs, thereby contributing to de-carbonization. EV uptake, to date, has largely been amongst early adopters who are excited to be at the vanguard of change.

For lovers of automotive experiences, for whom driving is about much more than getting from point A to B, the homogeneity of many EV designs is a barrier to adoption. By helping to bring iconic brands such as the MOKE to the electric age, EV Technology Group’s products speed overall EV adoption by bringing the next wave of consumers from ICE to electric. Going forward, EV Technology Group’s environmental ambitions are not restricted to de-carbonization, as the Company seeks to implement sustainable procurement and supply chain practices, and explore use of NFTs to safeguard environmental standards.

“With transport accounting for more than 20% of total CO2 emissions, and road transport more than 70% of that, the importance of shifting away from internal combustion engines cannot be overstated,” said Wouter Witvoet, Founder and CEO of EV Technology Group. “We believe car lovers will only convert to electric vehicles when they promise the character, unique style and visceral driving pleasure historically delivered by iconic classic car brands. In this sense, as an EV pioneer, EV Technology Group has sustainability at its very core. We are also determined to maintain the highest standards in terms of both our societal impact and corporate governance.”

EV Technology Group’s sustainability platform also has a clear focus on social and governance commitments. Through its investments, the Company will sustain communities and the skills and expertise that will help them thrive into the future. As a company listed publicly on the NEO and Frankfurt Exchanges, EV Technology Group transparently adheres to all governance reporting standards required by these exchanges and is committed to implement data protection and privacy clauses for its customers.

Picture 1

Beyond de-carbonization: EV Technology Group also supports high-quality employment in local communities and corporate governance best practices

EV Technology Group’s sustainability platform sets the stage to articulate an ESG vision — particularly for the growing pool of investors who prioritize contributing capital to companies that contribute to a lower-carbon future. The platform also discloses the future ambitions of the Company to continue improving its ESG credentials over time. Through this plan, EVT Group positions itself as a leader in supporting greener transportation and a carbon-neutral world, and is supporting these global efforts by creating EVs that people want to drive.

EV Technology Group
EV Technology Group was founded in 2021 with a vision of electrifying iconic brands — and a mission of redefining the joy of motoring for the electric age. By acquiring iconic brands and bringing beloved motoring experiences to the electric age, EVT Group is driving the EV revolution forward. Backed by a diversified team of passionate entrepreneurs, engineers and driving enthusiasts, EVT Group creates value for its customers by owning the total customer experience — acquiring and partnering with iconic brands with significant growth potential in unique markets, and controlling end-to-end capabilities. To learn more visit: https://evtgroup.com/

Media
Rachael D’Amore
rachael@talkshopmedia.com
+1519-564-9850

Investor Relations
Dave Gentry
dave@redchip.com
+14074914498

EV Technology Group
Wouter Witvoet
CEO and Chairman of the Board
wouter@evtgroup.com

Forward-Looking Information

This news release contains forward-looking statements including, but not limited to, EV Technology Group’s ESG platform; future investments in EV brands; EV Technology Group operations, expectations, and future actions. Often, but not always, these Forward-looking Statements can be identified by the use of words such as “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”, “gain”, “planned”, “reflecting”, “will”, “containing”, “remaining”, “to be”, or statements that events, “could” or “should” occur or be achieved and similar expressions, including negative variations.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by the Forward-looking Statements, including those factors discussed under “Risk Factors” in the filing statement of the Company. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in Forward-looking Statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. The forward-looking statements contained herein are made as of the date hereof and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except where required by law. There can be no assurance that these forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

THE NEO STOCK EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3705b433-48ff-47f9-873a-67505006c8d9

InterGlobe Enterprises And UPS Launch MOVIN – A New Logistics Brand Built For India

MOVIN will transform Indian B2B logistics

NEW DELHI, May 26, 2022 (GLOBE NEWSWIRE) — UPS (NYSE: UPS), the global leader in logistics and InterGlobe Enterprises, India’s trusted travel and hospitality conglomerate, today announced a joint venture to launch MOVIN, a new logistics brand to serve the needs and demands of the fast-paced Indian market. The name MOVIN is a combination of Movement and India (MOVEMENT+INDIA).

MOVIN will offer a range of extensive express and premium service coverage across India with a strong portfolio of B2B domestic services including a day-definite, as well as express, time-definite solutions, which will give businesses better predictability and greater competitiveness to swiftly integrate into the global value chain.

India’s rapidly developing economy and the demand of the business community for robust logistics solutions presents a significant opportunity and MOVIN is well positioned to provide efficiencies, stronger distribution channels, advanced technology, and apply global best practices.

“India’s growth towards a $5 trillion economy will be largely supported by the growth of local businesses and logistics which are key contributors to India’s economy. I am confident that InterGlobe’s deep understanding of the Indian market, combined with UPS’s 114 years of logistics expertise will make this venture a success,” said JB Singh, Director InterGlobe Enterprises who will oversee the new brand. “We are certain that our foray into logistics with MOVIN will contribute significantly to the rapid development and growth of businesses in India. We look forward to enabling and facilitating trade, commerce and employment through this venture.”

“The powerful simplicity of MOVIN’s service experience is based on the brand’s people-centric and performance-driven approach that will empower us to deliver outstanding customer experiences to businesses across India.”

Leveraging UPS’s global logistics expertise combined with InterGlobe’s deep understanding of the Indian market, MOVIN will build technology-backed solutions that will link companies across the country to international businesses with speed, reliability and enhanced digital customer experience. Creating corridors of opportunity, innovation and excellence, MOVIN will offer seamless integration across air and ground networks, to B2B customers, enabling an uninterrupted flow of goods that is backed by consistent, predictable and responsive operations.

“UPS is excited to launch this new venture with InterGlobe Enterprises. Together we will empower local businesses to grow and connect them to trade opportunities around the world,” said Ufku Akaltan, UPS President Indian subcontinent, Middle East and Africa. “With a strategy of customer first, people led, innovation driven, UPS further expands its global network, including healthcare solutions, through a unique partnership that creates a suite of services to serve B2B customers’ need to grow.”

Headquartered in Gurugram, MOVIN is launching operations today in a phased manner and will ramp up in July of 2022 starting with Mumbai, Delhi NCR and Bengaluru – with more expansions to other metros and cities across the nation to follow.

About MOVIN
UPS and InterGlobe Enterprises formed a joint venture, IRIS Transportation Services Pvt Ltd. in order to create MOVIN, a new logistics brand in India. The name MOVIN is the combination of Movement and India (MOVEMENT+INDIA). MOVIN Service is built for Indian businesses in the fast lane. Its pace and agility will match their ambitions, and its service levels will exceed their expectations. MOVIN will offer a suite of B2B domestic services including a fully predictable, day-definite service, as well as express, time definite service across the country. With seamless integration across air and ground networks, these express corridors will enable an uninterrupted flow of goods, backed by consistent, predictable and responsive operations. For more details, visit www.movin.in

About UPS
UPS (NYSE: UPS) is one of the world’s largest companies, with 2021 revenue of $97.3 billion, and provides a broad range of integrated logistics solutions for customers in more than 220 countries and territories. Focused on its purpose statement, “Moving our world forward by delivering what matters,” the company’s 534,000 employees embrace a strategy that is simply stated and powerfully executed: Customer First. People Led. Innovation Driven. UPS is committed to reducing its impact on the environment and supporting the communities we serve around the world. UPS also takes an unwavering stance in support of diversity, equity and inclusion. More information can be found at www.ups.com about.ups.com and www.investors.ups.com.

About InterGlobe Enterprises
InterGlobe Enterprises Pvt. Ltd. is a large Indian conglomerate holding leadership positions in Aviation, Hospitality and Travel related services. InterGlobe through its various businesses employs more than 27,000 professionals across 115+ cities globally. Since 1989, the Group has building businesses and representing global brands that delivery quality and value. It has been bridging the gap between people and markets through innovation and service leadership and the unswerving commitment to this purpose has allowed it to establish a strong foothold in businesses such as Aviation (IndiGo), Hospitality, Airline Management, Travel Commerce, Advanced Pilot Training, and Aircraft Maintenance Engineering. For more details, visit www.interglobe.com

Media contact:
Shankhadipa Talukdar
Shankhadipa.talukdar@genesis-bcw.com
+91 999 995 6546

All You Need to Know About the Two New Locations for Vivid Sydney 2022 — Central Station & The Goods Line

A brand-new precinct that transforms some of Sydney’s oldest buildings and forgotten corners into a vibrant hub of light, music and ideas

Chronoharp

Chronoharp

SYDNEY, May 26, 2022 (GLOBE NEWSWIRE) — Central Station and The Goods Line will be part of Vivid Sydney for the first time in 2022. Light projections, installations and music events will be held in the historic station building and along the adjoining revitalised walkway, and Central Station’s iconic clock tower will be illuminated. Two of Sydney’s great educational institutions nearby, the University of Technology Sydney and the Powerhouse Museum, will also host events for the Vivid Ideas program, including the fascinating Vivid Ideas Exchange.

VIVID LIGHT

Name: Vivid Reflections
Artist: The Electric Canvas (Australia)
Location: Western Forecourt of Central Station
Interactive | Great for Families | Soul of Sydney

This interactive projection uses motion capture technology to turn a person’s movements into animated action, then beams them onto the landmark clock tower. Visitors will be transported, in fantastic and unexpected ways, to the places that make Sydney unique, from Bondi Beach to diverse cultural icons.

Name: Convergence
Artist: Mandylights (Australia)
Location: The Goods Line Tunnel
Interactive | Art & Architecture

The largest-scale laser installation in Vivid Sydney history — with more than 100 custom-made laser units — creates a spectacular, immersive visual experience. The unused Goods Line tunnel becomes a portal to a spectacular convergence of lights, lasers and smoke effects that will leave guests wondering where the tunnel leads and what they’ll discover as they journey deeper underground.

Name: Frankly, My Dear…
Artist: Sinclair Park (Australia)
Location: UTS Business School (Dr Chau Chak Wing Building), Ultimo Road, Ultimo
Art & Architecture

See the Frank Gehry-designed UTS Business School in a whole new light. By illuminating its windows with colour-changing cove lights and wall grazers, Sinclair accents the crumpled-looking exposed brick form with jewel-bright hues. Seen from the Goods Line, Frank Gehry’s unmistakable “paper bag” aesthetic suddenly looks as enticing as a bag of mixed lollies.

Name: We Dream the City
Artist: Essem Projects: Michael Killalea (Australia) / Sarah Barns (Australia)
Location: The Goods Line at Powerhouse Museum
Soul of the City

As visitors stroll along The Goods Line, the back wall of the Powerhouse Museum comes alive with an animated vision of Sydney’s streets through time, creating a 130m-long meditation of the forces that have shaped Sydney. This moving mural uses footage from the ABC, the National Film and Sound Archive of Australia, the former Maritime Workers Union, the Transport for NSW Historical collection and more.

Name: A Mirrored City
Artist: WITCH+GHOST: Isabel Hudson (Australia) / Trent Suidgeest (Australia)
Location: The Goods Line, Ultimo
Interactive | Great for Families | Soul of the City

Discover a city within the city, where shimmering surfaces beckon. Visitors weave their way through a series of building-like forms covered in dichroic film. This playful installation invites people on a journey through many vignettes of Sydney life. Will they recognise Oxford Street, the Northern Beaches, a game of backyard cricket or the late-night allure of Kings Cross?

Name: Shard
Artist: Lumos Creatives: Christian Lovelady (Australia) / Wakara Gondarra (Australia) / Baykali Ganambarr (Australia) / Watjarr Garmu (Australia) / Tristan Garner (Australia)
Location: The Goods Line Near Novotel Sydney Central
Indigenous & First Nations

This trio of light sculptures acts as a platform for the stories of Yolngu dancers Baykali Ganambarr, Wakara Gondarra and Watjarr (Marko) Garmu, with LED screen technology giving them a new way to express themselves that truly brings their language to fresh eyes and ears. Watch as the fire dances, the yidaki (traditional didgeridoo) sings and poetry is spoken.

Name: Smash
Artist: Creative Road Art Projects Pty Ltd: Marilyn Minter (United States)
Location: The Goods Line Near Novotel Sydney Central
Agents of Change

An arresting video projection of a pair of bejewelled stilettos stomping and splashing through puddles of silver paint. It’s a play on the Vivid Sydney 2022 theme of “Soul of the City,” as a “sole” of a different kind can be seen as a catalyst for change.

VIVID MUSIC
Vivid Music at Central Station
Every Saturday, 7-10 p.m.
Free

The Grand Concourse of Central Station becomes an impromptu concert hall with a different band performing every week. Stop by for some swing, bluegrass, jazz, pop and more on the way to or from the Light Walk.

DJs at The Goods Line
Every night from 6-10:30 p.m.
Free

The city’s best spinners will hit the decks during Vivid Sydney on a new stage set up among the Light Walk along The Goods Line. There’s a different DJ playing every night including Stereogamous, Kate Monroe, Stephen Ferris, Peewee Ferris and LUEN.

VIVID IDEAS
Vivid Ideas Up Late
Powerhouse Museum
9, 2 & 16 June, 5-9 p.m.
Free

Celebrate who and what makes Sydney unique through talks, music, performance and art at Vivid Ideas Up Late. The Powerhouse Museum will host three events in the series: Beautiful Freak in the Machine (2 June), Ballroom & the West Ball (9 June), and Queer Sydney (16 June).

Vivid Ideas Exchange
University of Technology Sydney

Join some of the world’s greatest minds at the Vivid Ideas Exchange, with more than 60 events covering everything from racism and cults to death, climate change, space and drugs. This series of talks, seminars, screenings and workshops is designed to spark debate among the creative community.

EXCLUSIVE VIVID SYDNEY OFFERS & EXPERIENCES 

Many of the restaurants in the Kensington Street dining precinct have special offers during Vivid Sydney, including a complimentary Fire & Ice dessert at Eastside Bar & Grill; a complimentary bottle of Sicilian wine with the degustation menu at Olio; a complimentary serve of Rainbow Dumplings with any whole duck at Holy Duck; and 15% off selected cocktails at Cartel, Gin Lane and Blossom Bar.

Step off The Goods Line at Darling Square to refresh with a limited-edition Vivid Sydney drink at Bubble Nini Tea. The Milky Way milk tea and Super Nova sparkling fruit drink both come with light-up coasters and glow-in-the-dark straws to take home.

Hello Auntie in Darling Square is serving up a Vivid-inspired Disco Ball cocktail complete with LED ice cubes.

For more information on Vivid Sydney and to book tickets, go to www.vividsydney.com. Get social using @vividsydney #vividsydney.

MEDIA CONTACT: 
Wayne Mitcham, Āmio Limited
M: +64 21 499 550
E: wayne@amio.nz

About Vivid Sydney 

Vivid Sydney is an annual celebration of creativity, innovation and technology, which transforms Sydney for 23 days and nights. Staged for its 12th year in 2022, Vivid Sydney fuses mesmerising art displays and 3D light projections with exhilarating live music performances and deep-dive discussions from some of the world’s brightest minds, as well as the Sydney Opera House Lighting of the Sails. Vivid Sydney is owned, managed and produced by Destination NSW, the NSW Government’s tourism and major events agency.

Related Images

Image 1: Chronoharp

Artists – Amigo & Amigo (Photo Credit – Destination NSW)

Image 2: Corpi Celesti

Artists – Daniele Davino, Daniele Spanó and Luca Brinchi (Credit – Destination NSW)

Image 3: Vivid Reflections

Artist – The Electric Canvas (Credit – Destination NSW)

Image 4: We Dream The City

Artists – Michael Killalea and Sarah Barns (Credit – Destination NSW)

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Commercial Vehicle Group Inc. (CVG) Resumes Operations in Shanghai, China, After COVID Interruption

CVG is one of many businesses affected by the large-scale government lock-downs in Shanghai that began in March as a result of rising COVID-19 cases

Featured Image for Commercial Vehicle Group Inc.

Featured Image for Commercial Vehicle Group Inc.

NEW ALBANY, Ohio, May 26, 2022 (GLOBE NEWSWIRE) — CVG announced on Thursday that it has restarted operations at its Shanghai plant in China. In March, the company became one of thousands of manufacturers in the region that were forced to halt production as the result of restrictions aimed at stemming the spread of COVID-19.

Production at the Shanghai plant resumed on May 20 at 50% capacity under a “closed-loop” system — where employees must receive a negative COVID test and then live on-site within the factory — to minimize the risk of spreading the virus within the city.

CVG plans to continue ramping up production over the next few weeks in accordance with the local lifting of restrictions, led by Deputy Mayor of Shanghai Zong Ming, who has stated that the city hopes to fully open in June.

The shutdown in March had immediate impact on CVG’s OE seating customers in Asia and abroad, who were either facing similar manufacturing restrictions or unable to ship and receive products due to congestion in Shanghai’s port, which is the largest port in the world. CVG responded quickly, moving to air shipping to limit supply chain disruptions for its customers. The company was recently able to reinstate ocean freight through both the Shanghai and Ningbo ports.

“We may not have control over this pandemic or the delays in production it causes, but we can adapt quickly and create alternate solutions to mitigate the impacts,” said CVG President and CEO Harold Bevis. “We’ve had our customers’ needs front-of-mind in every decision we’ve made — from providing alternate means of shipping to working closely with some of our top customers to mirror production in our Thailand and Mexico operations in order to provide alternate supply.”

CVG’s local seat production in Asia includes the manufacturing of medium- and heavy-duty seating solutions for some of the region’s largest vehicle manufacturers and represents an $80 million accretive business for the company. Globally, seat-part supply from Shanghai impacts $170 million worth of production for the company within the U.S., Mexico, UK, Thailand and Australia.

In combination with the war in Ukraine which immediately impacted production at the company’s facility in L’viv, CVG faced first-quarter interruptions that have continued into the second quarter. CVG is actively resolving these setbacks and expects second-half operations to be back to pre-war, pre-COVID status, barring any new unforeseen events.

About CVG

At CVG, we deliver real solutions to complex design, engineering and manufacturing problems across a range of global industries by innovating, constantly adding value, and treating our customer’s bottom line as if it were our own. Information about our company and products is available at www.cvgrp.com.

Media Contact
Jason Gray
Marketing Manager
CVG
Jason.Gray@cvgrp.com

Related Images

Image 1

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WillScot Mobile Mini Holdings to Participate in the Barclays Business Services ESG Summit

PHOENIX, May 25, 2022 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), the North American leader in modular space and portable storage solutions, today announced that Brad Soultz, Chief Executive Officer and Nick Girardi, Sr. Director of Treasury & Investor Relations, will participate in a fireside chat during the 2022 Barclays Business Services ESG Summit on Wednesday, June 8, 2022.

About WillScot Mobile Mini Holdings

WillScot Mobile Mini Holdings trades on the Nasdaq stock exchange under the ticker symbol “WSC.” Headquartered in Phoenix, Arizona, the Company is a leading business services provider specializing in innovative flexible workspace and portable storage solutions. WillScot Mobile Mini services diverse end markets across all sectors of the economy from a network of over 275 branch locations and additional drop lots throughout the United States, Canada, Mexico, and the United Kingdom.

Additional Information and Where to Find It

Additional information can be found on the company’s website at www.willscotmobilemini.com

Contact Information

Investor Inquiries:

Nick Girardi
nick.girardi@willscotmobilemini.com

Media Inquiries:

Scott Junk
scott.junk@willscotmobilemini.com

Dominica government relentlessly working to build climate-resilient communities

Roseau, May 25, 2022 (GLOBE NEWSWIRE) — The government of Dominica continues to invest in climate-resilient housing as it moves ahead with the goal of becoming the “world’s first climate-resilient nation”. The country, which witnessed many natural disasters over the years, is now focusing on building a resilient infrastructure capable of withstanding a natural- calamity, including category five hurricanes.

The Commonwealth of Dominica, popularly known as the Nature Isle of the Caribbean, is a small island with beautiful, mesmerizing, and stunning nature gems. The Caribbean island has witnessed several startling natural calamities, including Hurricanes and Tropical Storms.

Despite being a small island country with a population of about 70,000, Dominica is at the forefront of the war against climate change. After Hurricane Maria made landfall in Dominica in 2017 and affected around 90 percent of the infrastructure, Prime Minister Dr. Roosevelt Skerrit vowed to rebuild the country as the “world’s first climate-resilient nation”.

Since then, the government of Dominica has been working relentlessly to build climate-resilient infrastructures, including schools, houses, hospitals, health care centres, and shelters. The revolutionary “Housing Initiative” has been delivering climate-resilient homes to people displaced because of Tropical Erika and Hurricane Maria in 2015 and 2017 respectively.

The housing units have been developed in the various regions of the Caribbean country, including Cotton Hill, Georgetown, Jimmit, Roseau City Square, Bellevue Chopin, Castle Bruce, San Sauveur, Grand Fond, La Plaine, and Delices. At the same time, several housing units are still under construction in some areas such as Scotts Head, Eggleston, Canefield, Marigot, as well as Plat Ma Pierre.

Reportedly, the government has handed over the keys to about 1,500 families over the period of four (4) years, to the families who were displaced because of Hurricane Maria.

Prime Minister of Dominica, Dr. Roosevelt Skerrit, during an event in 2019 stated that “the government of Dominica will not rest until every Dominican has a resilient roof over their heads,”.

The Minister of Housing and Urban Development, Reginald Austrie, congratulated and praised the efforts of the government for such development initiatives and massive investment into the housing sector.

Recently, the government of Dominica announced that an integrated community will be constructed in the Grand Bay constituency. The newly announced Grand Bay Ville Housing Development will be a master-planned concept. The housing unit will witness more than 100 standalone houses and 29 empty plots. The majority of the housing units will have three bedrooms, two toilets, and bathrooms, a kitchen with a dining room, a living room, a laundry area, as well as a porch.

The project has been undertaken by MMCE Development Ltd. Besides this, sixteen more homes are planned for Eggleston.

Earlier, in February 2022, the Salybia constituency saw the beginning of the construction of around 40 houses. The government has announced that these 40 houses will have the capacity to bear the devastating impacts caused by hurricane-force winds and seismic activities.

Meanwhile, in mid-2021, the residents of Dominica were informed about the building of around seven housing units in Marigot. The units are under-construction and soon will be handed over to the families.

While announcing the project, Gregory Riviere -Minister of State in the Ministry of Finance, Economic Affairs and Planning, stated that more than thirty residents of Marigot would benefit from the new homes upon completion of these housing units.

The housing units will feature three bedrooms, one living room, a kitchen, a bathroom, and toilet facilities.

“It is the first time the government of Dominica has started, and of course will complete, the construction of homes for the people of Marigot. These homes will be climate-resilient and are part of the government’s housing revolution project. I am glad that the Marigot people are very very happy to be part of the process,” Riviere underlined.

The government of Dominica has been following the newly adopted “Disaster Resilience Strategy”, which promises to provide a comprehensive plan. As per the government, the cost of funding the interventions outlined in the Disaster Resilience Strategy (DRS) is approximately US$2.8 billion.

The construction of the climate-resilient housing units has been partly or completely funded by the Citizenship by Investment Programme of Dominica.

The CBI Programme of Dominica is one of the longest-running, fastest, and most secure in the world. The programme has been top-ranked for five consecutive years by the CBI Index, published by the Financial Times’ Professional Wealth Management (PWM) magazine.

Launched in 1993, the programme is renowned for its strict and robust due-diligence procedure. The government of Dominica emphasizes the overall integrity of its applicants and ensures the credibility of the applicants by hiring renowned independent third-party agencies to perform due diligence checks.

To get alternative citizenship from Dominica, the applicant can invest via two investment options: Economic Diversification Fund (EDF) and Real Estate.

  • Economic Diversification Fund (EDF): To apply for the alternative citizenship of Dominica, the applicant may invest in the EDF. This government fund option assists the socio-economic initiatives in the country, including the construction of climate-resilient homes, health centres, schools, playgrounds, and more.

Minimum Investment: USD 100,000

  • Real Estate: The applicant has to purchase a Government-approved property to invest under the real-estate option.

Minimum investment: USD 200,000

Dominica boasts its nature with 365 rivers, innumerable waterfalls, and the world’s second-largest hot spring – the boiling lake. The Nature Isle of the Caribbean is undoubtedly one of the best travel destinations, which offers facilities like – hiking, bird-watching, canyoning, trekking, whale-watching, and relaxation in natural hot springs.

The beautiful nation of the Caribbean was completely devastated after the category five hurricane, Hurricane Maria. The natural disaster disturbed the livelihoods of around 90 percent of the population. After Hurricane Maria, Dominica was torn apart in the span of a single night.

Following the catastrophe caused by the hurricane, PM Skerrit pledged to build the climate-resilient nation, and soon after, the Climate Execution Agency for Dominica (CREAD) was created. In May 2020, the Cabinet of Dominica approved the Disaster Resilience Strategy as an Annex to the Climate Resilience and Recovery Plan (CRRP).

PR Dominica
Commonwealth of Dominica
001 (767) 266 3919
cbiusecretary@dominica.gov.dm