NCR Corp. is to acquire for $650 million an Israeli software company based in Atlanta’s sister city, Ra’anana. Retalix Ltd.’s software and services are used in more than 70,000 retail locations in...
Category: Archive
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Posted inArchive, Business
Graphic Packaging on Buying Spree in Europe
Marietta‘s Graphic Packaging Holdings has agreed to acquire Sweden-based A&R Carton Group‘s beer and beverage packaging business in Europe. Graphic Packaging will pay £19 million (about $30.4 million) in cash and assume 7 million pounds ($11.2...
Posted inArchive, Business
Portman Bullish on Indian Real Estate
Atlanta-based Portman Holdings is investing in a luxury residential development in India, a significant step in a market where the company could help raise up to $300 million in the coming years. Portman...
Posted inArchive, Education
Atlanta Fed CEO Addresses Cyber Attacks and Pensions in Berlin
The president and CEO of the Federal Reserve Bank of Atlanta, Dennis Lockhart, spoke at an economic conference in Berlin Nov 27 about the potential harm that cyber attacks on...
Posted inArchive, Business
Mayor Reed Talks Infrastructure, Politics in United Kingdom
Mayorย Kasim Reedย recently returned from his second visit to theย United Kingdom, where he gave a lecture on diversity inย U.S.ย politics, visitedย Atlanta‘s sister city and met with companies at an infrastructure roundtable. Mr....
Posted inArchive, Trade
Ports Authority Names New Trade Director
The Georgia Ports Authority has named George Hearn its new senior director of trade development. Mr. Hearn, who has 27 years of experience as a shipping executive, including stints in the United States and...
Posted inArchive, Business
Porsche Breaks Ground on New U.S. Headquarters
With Europe in a recession, Porsche AG is counting on the U.S. market to outpace other markets around the world in sales of its vehicles for the next two years,...
Posted inArchive, Culture
King of Fruits: Durians Rule in Southeast Asia
Although highly popular in the Association of Southeast Asian Nations (ASEAN), durian fruits are not well known in Atlanta even though they are available in some local markets. The visit...
Posted inArchive, Business
Emory Awards Indonesian Ambassador Ahead of ASEAN Forum
Ahead of hosting a forum of four U.S. ambassadors to Southeast Asian nations, Emory University has announced that it will honor Indonesia‘s envoy to the United States with its Global Innovation Award. Ambassador Dino Patti Djalal will receive...
Posted inArchive, Business
Novelis to Open Germany Recycling Center
Atlanta-based aluminum giant Novelis Inc. is spending a quarter of a billion dollars to open its newest recycling and casting center in Nachterstedt, Germany. The company broke ground Nov. 26 on the $250 million...