Day: February 23, 2023

Bussels (ANTARA/Business Wire)- Syntagma Capital today announces that it has entered into exclusive negotiations with Eramet, to acquire Erasteel (). The business is a global leader in the conventional and powder metallurgy of high-speed steels used for high performance machining, drilling and cutting tools. In addition, Erasteel has unique metal recycling capabilities in Europe, offering sustainable solutions for the recovery of batteries, catalysts and metals. The business employs ca. 850 employees across its six sites in France, Sweden, and China. In 2022, Erasteel generated ca., 275m in revenues serving primarily the aerospace, automotive and industrial sectors.The proposed transaction, which will be submitted to the required information and consultation of works councils, is subject to definitive agreement which will include the fulfillment of customary closing conditions, including regulatory approvals, and would be expected to be completed by the end of the first half of 2023.

“Despite a very challenging MandA market, Erasteel represents our second deal in 2023 and our third deal in the last 6 months, reflecting our ability to provide sellers with speed and certainty. We are excited by the prospect to further develop Erasteel on a global basis. Erasteel is also our third carve out and further strengthens our position as a Partner of choice in Europe for complex carve-out” said Syntagma Managing Partner Sebastien Kiekert Le Moult.

“We intend to leverage our global experience in metals and Erasteel’s extensive RandD and technical know-how, global presence and strong customer relationships to further enhance its growth, both organically and through targeted MandA. We also intend to accelerate the development of the recycling division of Erasteel in France” said Syntagma Partner Frank Coenen.

Syntagma’s team involved in the transaction included Sebastien Kiekert Le Moult (Managing Partner), Frank Coenen (Partner), Benjamin Dahan (Partner), Fabio Yamasaki (Principal), Gabriele Lo Monaco (Senior Associate).

Syntagma was advised by Willkie Farr Gallagher (legal counsel), Lincoln International (MandA advisor), PwC (financial adviser), and Advention Business Partners (commercial and strategy advisor).

bout Syntagma Capital

Syntagma invests in companies that can benefit from hands-on operational expertise to accelerate growth and improve performance for all stakeholders. We are true operators with experience working in and managing companies on a global scale, leveraging our in-house resources to develop successful strategies, execute them to realize their full potential and create sustainable long-term value. Syntagma invests and operates companies in a broad range of industries with a specific focus on the material, chemical, industrial and business services markets and including manufacturing, distribution, transportation and logistics, equipment rental, metals services and other industries. Syntagma, as signatory of the UN PRI, is committed to high ESG standards across all its investments and is based in Brussels, Belgium. For more information, please visit: Contacts

Marie Ciparisse

Phone: +32 (0)2 315 70 12

Email mciparisse@syntagmacapital.com

Source: Syntagma Capital

Source: Antara News

Mataram, West Nusa Tenggara (ANTARA) – The Religious Affairs Ministry made an earnest appeal to all national stakeholders to keep away from the politicization of religion to rally political support in the 2024 General Election.”We could not deny the fact that there must be some individuals that use religious (sentiments) for political campaigns. Hence, the Religious Affairs Ministry urged all national stakeholders not to campaign by (exploiting) religious sentiment,” the ministry’s Secretary General, Nizar Ali, stated here on Wednesday (February 22).

fter attending the signing of a cooperation agreement between the ministry’s West Nusa Tenggara office and the province’s General Election Commission (KPU) office, he said that Minister Yaqut Cholil Qoumas had stressed that politicization of religion must not occur.

“The ministry’s stance is crystal clear that the politicization of religion is prohibited. This is to protect religious harmony in Indonesia,” he affirmed.

li said the ministry is keen to prevent differences in political preferences realized through ethnic groups, religion, racial, and inter-group relationssentiments.

Meanwhile, the ministry’s official also urged that places of worship should not be used for political campaigns, either for presidential, legislative, or regional elections.

“The Religious Affairs Ministry clearly prohibits places of worship to be used for the politicization of religion and to host a (political) campaign,” Ali emphasized.

baca-jugaRelated news: Will use 2024 election to unite nation: stakeholders

Speaking in connection as to whether the ban is extended to Islamic boarding schools (pesantren), the secretary general emphasized that the ministry’s stance remains unchanged.

However, the ministry could only deliver the appeals to boarding schools, as the authority for taking legal action against violating institutions rests with other agencies, he pointed out.

“Pesantrens have their own authority, and our duty is only to oversee that no politicization of religion will occur. We can promptly act against (violating) state apparatus, but we cannot take action against members of the public, as its authority rests with other agencies,” Ali remarked.

baca-jugaRelated news: Ministry seeks to strengthen neutrality of state officials on election

Related news: Ministry to improve public services ahead of 2024 election

Source: Antara News

Jakarta (ANTARA) – Law and Human Rights Minister Yasonna Hamonangan Laoly, here on Thursday, instructed his officials to harmonize various regulations in regions.”The Law Directorate General should supervise apparatuses in regions to harmonize regulations in regions,” he stated after inaugurating Law Director General Asep N. Mulyana, who replaced Acting Director General Dhahana Putra.

While directing his officials, he urged the Law Directorate General to utilize all existing resources to fulfill various major tasks.

He emphasized that the regulations created or issued by the government should not end up harming the people.

Laoly also reminded his officials to strengthen the implementation of digitalization of public services, especially since digitalization had to be undertaken to facilitate the public regardless of whether they were keen on it or not.

Laoly also expects that the harmonization step can facilitate and expedite performance.

Meanwhile, Mulyana stated that following his inauguration, he will prepare a list of various crucial problems faced by the institution that he led while continuing the programs of the previous director.

“We will create policies and take actions that can resolve these issues,” he remarked.

Mulyana expects support from various parties, especially officials from the Law Directorate General.

Earlier, Law and Human Rights Ministry’s official, Ferry Gunawan, underlined the importance of harmonizing digital transformation-related regulations created by the central and regional governments to avoid overlapping regulations.

Regulations issued by regional governments should be aligned with the regulations created by the central government, Gunawan stated during the “Mapping Indonesia’s Digital Infrastructure Challenges” event streamed online on Tuesday.

He did not deny disharmony between the regulations created by the regional governments and the regulations issued by ministries or institutions at the central government level.

unawan believes this disharmony is one of the causes behind overregulation.

baca-jugaRelated news: andgtovt preparing regulations on electronic waste managementRelated news: Harmonization of digital transformation regulations crucial: MinistryRelated news: OJK plans to issue 224 derivative regulations of P2SK Law

Source: Antara News

Jakarta (ANTARA) – The Indonesian search and rescue team (INASAR) ended their humanitarian mission in the Antakya area of Hatay province, Turkey, for victims of the M7.7 temblor on February 6, 2023.Coordinating Minister for Human Development and CultureMuhadjir Effendylauded INASAR’s work, saying the team contributed to international humanitarian tasks coordinated by the United Nations (UN).

“The mission carried out by INASAR is gaining trust not only as a representative of Indonesia, but also internationally. This is part of the UN mission,” he said in a written statement received here on Thursday.

t the INASAR operation post at Hatay Expo, the minister, who was accompanied by the head of the National Disaster Mitigation Agency (BNPB), Lieutenant General Suharyanto, informed that the INASAR team will return to Indonesia on a Garuda Indonesia flight on Thursday night.

fter the earthquake, search and rescue (SAR) teams from several countries with medium and heavy International Search and Rescue Advisory Group (Insarag) qualifications worked under the USAR Coordination Cell and thereafter, on a smaller scale, under the Section Coordination Cell, the minister informed.

With the end of the golden time period for search and rescue, the activities are now being coordinated by the Turkish Disaster Management Agency (AFAD).

On Thursday, Effendy also disclosed future plans to increase the Insarag qualifications of the INASAR team to the heavy level. President Joko Widodo has agreed to push for the heavy qualification, according to international standards set by the United Nations, he noted.

“The President has ordered me to discuss the budget allocation. Therefore, there will be a specific policy,” he disclosed.

During their stint at the operation post, the INASAR team made several search and rescue efforts, such as breaking concrete and conducting searches with sniffer dogs. The dog handler personnel looked for disaster victims with the help of a sniffer dog named Gizi.

The team, which had been stationed in Antakya since February 12, managed to evacuate the bodies of 15 earthquake victims. Two of the victims were Indonesian citizens whose bodies were found in Diyarbakir. The personnel devoted more than 100 hours to the total operation in Turkey.

The INASAR team, which consisted of 50 personnel and 3 SAR dogs, also received words of appreciation and gratitude from Turkish President Recep Tayyip Erdogan on Monday (February 20).

baca-jugaRelated news: Indonesian delegation visits field hospital in Hassa, TurkeyRelated news: President Erdogan commends INASAR support in earthquake recoveryRelated news: Indonesia not sending SAR personnel to Syria: BNPB

Source: Antara News

Jakarta (ANTARA) – Ukrainian Ambassador to Indonesia Vasyl Hamianinhas commended the Indonesian media for its efforts to seek information and clarifications to dispel the propaganda that has been prevalent in the war between Russia and Ukraine.One of the biggest challenges that Ukraine has faced during the year-long conflict has been the propaganda spread by Russia,Ambassador Hamianinsaid.

“The propaganda that has been contaminating the minds and hearts for not only for Indonesian people, but also worldwide,” Ambassador Hamianin said after a discussion on “Covering War in Ukraine: the View from Indonesian Journalists,” which was hosted by the United States embassy’s cultural center here on Thursday.

Since Russia launched military operations in Ukraine on February 24, 2022, the Ukrainian government has made efforts to address certain narratives that have been propagated widely, including on social media platforms, he added.

The ambassador said that Indonesian media and reporters are very friendly and uphold democratic values.

Some media agencies also sent reporters to carry out live reports and provide timely updates on the impact of the Russian invasion in some parts of Ukraine.

“This is the real example of bravery and nothing can replace a device of your life, but you do it for what? People do it for what? I think there was a President Joe Biden that said yesterday is doing for something important, something that more than your life, your existence, you do it for principles and values,” he elaborated.

He then lauded the Indonesian media for taking a stand with Ukraine and fighting for the sake of democracy, humanity, and justice.

During the discussion, three journalists shared their experiences of reporting news live from Ukraine: Teungku Fajri S. from TVRI, Kris Mada from Kompas, and Raymundus Rikang from Tempo.

In his opening remarks, spokesperson for the United States embassy in JakartaMichael Quinlanhighlighted the Indonesian media’s contribution to the raising of public awareness and reporting of actual events related to the war.

“The United States, our allies, our partners, and those around the world have banded together to support Ukraine in its fight to defend its country, to defend the freedom, and to defend the ideas of sovereignty and democracy,” Quinlan said.

baca-jugaRelated news: Lessons from drone warfare amidst Russia-Ukraine conflictRelated news: Majority of Ukrainians still believe in victory: delegatesRelated news: War with Russia about preserving values: Ukrainian delegates

Source: Antara News

To face Society 5.0, Indonesia needs superior and competitive human resources, especially those with digital literacy and skills,

Jakarta (ANTARA) – Coordinating Minister for Economic Affairs, Airlangga Hartarto, has continued to push for the development of digital talent to optimize the potential of Society 5.0.”To face Society 5.0, Indonesia needs superior and competitive human resources, especially those with digital literacy and skills,” he said at the 8th Congress of the Indonesian Muslim Student Union (SEMMI) on Thursday.

“Of course, I hope that the younger generation has the literacy skills for digitalization,” he added.

The government has prepared a number of programs to encourage increased digital literacy and skills, such as the Pre-Employment Card program and National Digital Literacy Program.

The government has also continued to encourage the younger generation to inculcate an entrepreneurial spirit so that they can establish start-ups to create a variety of digital solutions and innovations for society.

In addition, related ministries and institutions are also providing support to help start-ups overcome problems by launching a number of programs, starting from Beta Schools, the National Movement of 1,000 Digital Start-ups, and Start-up Studio Indonesia, to Hub.id.

“Students must also develop leadership skills. This ability can be grown and honed if the student is always active in student organizations and activity units,” said Hartarto.

The value of Indonesia’s digital economy in 2022 was estimated to have grown by 22 percent on an annual basis, or US$77 billion.

Through this achievement, Indonesia has become a major player in the ASEAN digital economy, accounting for 40 percent of the total value of digital economy transactions in the region.

“Digital economy investment is growing positively, as indicated by the investment deal value in the first quarter of 2022 of US$3 billion, the second highest value after Singapore,” the minister said.

“In 2025, the value of Indonesia’s digital economy is estimated to grow twofold to US$130 billion, and will continue to grow to US$220 (billion) to US$360 billion in 2030,” he said.

baca-jugaRelated news: Ministry prepares programs to boost creative economy in digital era

baca-jugaRelated news: Ministry cooperates with tech company to produce women digital talents

Source: Antara News

Security issues are an important part of pioneering services. One of the aspects that we will collaborate with related stakeholders on is the security plan

Jakarta (ANTARA) – The Transportation Ministry is increasing collaboration with ministries, agencies, and local governments to maintain security at pioneer transport airports to prevent incidents such as the recent burning of an airplane in Paro sub-district, Nduga district, Papua.”Security issues are an important part of pioneering services. One of the aspects that we will collaborate with related stakeholders on is the security plan,” director of air transportation at the ministryPutu Eka Cahyadisaid during a media talk at the Ministry of Transportation’s Office, Jakarta, on Thursday.

Cahyadi acknowledged that security issues in the pioneering aircraft areas in underdeveloped, outermost, and border areas (3T) are among the challenges to the ministry’s efforts to develop connectivity for the community.

However, he emphasized that his party is continuously communicating with related parties to mitigate security plans.

“Security is a comprehensive aspect. Not only the airport but the vicinity. We must manage access to the airport as well,” he added.

He said that pioneer air transport exists to connect remote and underdeveloped areas that are difficult to access, with long travel times via land transportation of more than eight hours and limited availability of transportation modes and non-continuous schedules.

Pioneer air transport aims to support equitable development and reduction in price disparities. Local governments are also expected to raise public awareness regarding pioneering passenger and cargo aviation activities, he added.

Cahyadi informed that in 2022, a total of 295,845 passengers were transported using pioneer aircraft, with flight frequency reaching 39,750 on 228 passenger flight routes.

In 2023, there will be a decrease in the number of routes to 220 due to a decline in the List of Entries of Budget Execution (DIPA) from Rp550 billion in 2022 to Rp500 billion. The decline will also be seen in the number of pioneer cargo aircraft routes from 42 in 2022 to 41 in 2023, he said.

“Pioneer flights are served by 21 regional coordinators with 220 pioneer passenger flight routes and 41 cargo routes,” he said.

baca-jugaRelated news: Ministry temporarily closes Paro Airfield in Nduga, PapuaRelated news: Plane with broken wheel overshoots runway at Papua’s Mulia AirportRelated news: Authorities investigating whether airplane shot by criminals or separatists

Source: Antara News