Categories » The Corporate View
Olivier Brissaud is also President of ATEB (the Belgian Association of Corporate Treasurers), on the board of the Euro Association of Corporate Treasurers and presently Honorary Secretary Elect of IGTA (the International Group of Treasury Associations).
Be the first to comment | July 2003
Among particular interest is Henkel's use of technology to manage foreign currency risk and its cash pooling structure. Henkel is currently in the process of centralising its processing of both external and internal payments.
Be the first to comment | June 2003
ERM's UK based holding company was formed in March 2001 following a leveraged buy-out (LBO) of 32 independent consulting businesses, which had previously been operating independently but under the ERM name. The company was supported in the LBO by venture capitalists, 3i. Carol Power joined ERM in December 2000 in the new role of Group Treasurer.
Be the first to comment | May 2003
Formed in 2000 after the merger of Electrolux Zanussi Vending S.p.A. and Wittenborg A/S, N and W Global Vending is a major
international vending machine manufacturer. It has manufacturing sites in Valbrembo, Italy, and Odense, Denmark. With a direct
presence in twelve countries and operations in more than eighty countries, the group employs 1500 people and has an annual
turnover in excess of €250 million.
Giacomo Orlandi is a member of the Board of The Italian Association of Corporate Treasurers (AITI)
Be the first to comment | April 2003
Solvay is an international chemical and pharmaceutical with headquarters in Brussels. It employs more than 30,000 people in 50
countries. In 2002 its consolidated sales amounted to EUR 7.9 billion, generated by its four sectors of activity: Chemicals, Plastics,
Processing and Pharmaceuticals. Solvay is listed in the Euronext 100 index of top European companies.
The company established a Belgian Coordination Centre (CICC) in 1984.
Be the first to comment | March 2003
DSM is a leading producer of life science products, performance materials and industrial chemicals. Headquartered in The
Netherlands, the group employs about 20,000 people in 200 offices and production sites in 40 countries around the world. It
turns over about $6 billion annually.
Founded as the Dutch state mining company in 1902, DSM is now focussing on its specialty chemicals business, selling its
petrochemicals division last year. The company's objective is to achieve a turnover of 10 billion by 2005.
Be the first to comment | February 2003
With 24 television and 14 radio stations in 8 countries, RTL Group is Europe's largest TV, radio and production company. It was formed
in Spring 2000 following the merger of CLT-UFA, the TV and radio group owned by Bertelsmann AG and the Belgian-Canadian Groupe
Bruxelles Lambert , with the British production company Pearson TV. Bertelsmann has gradually increased the size of its shareholding
such that it now owns 90.2% of RTL Group. The remainder of the shares are publicly owned via RTL Group's listings on the London,
Brussels and Luxembourg Stock Exchanges. Based in Luxembourg, the group turned over $4billion in the year to December 2001.
François Masquelier is the President of Association of Corporate Treasurers of Luxembourg (ATEL) and has been Chairman of the
Euro Association of Corporate Treasurers (EACT) since May 2002.
Be the first to comment | January 2003
BP Finance was awarded the 2002 International Award of Treasury Excellence by Eurofinance Conferences and the US based
Association for Financial Professionals. The award recognised BP Finance for its innovation in technology and process improvement
following its merger with Amoco, and acquisitions of Arco, Burmah Castrol and Vastar. The BP Finance team successfully
standardized, simplified and automated its centralized group funding structure, operational cash and banking processes and
systems into what was referred to as the virtual treasury project. One principle behind this project was to provide a common
experience and level of service to all BP business units whenever they interact with treasury. Treasury Today interviews Nick Bamfield
who led the BP team responsible for the project.
Be the first to comment | December 2002
This month we talk to someone who was a senior treasurer, but now heads the UK's Institute of Business Ethics. The Institute of Business Ethics was established in 1986 to encourage high standards of corporate and business behaviour through raising of the issues and the sharing of best practice.
Be the first to comment | November 2002
Cisco Systems is the worldwide leader in networking for the Internet. Cisco's Internet Protocol-based (IP) networking solutions are the
foundation of the Internet and most corporate, education and government networks around the world. Cisco provides the broadest
line of solutions for transporting data, voice and video within buildings, across campuses, or around the world.
The company employs 35,500 people worldwide, with operations in 58 countries. It generated revenues of US$18.9 billion in the
year to July 2002, a quarter of which were produced by Cisco's EMEA region. The company's global headquarters are in San José,
California.
Be the first to comment | October 2002