Merger with and into Iveco Group N.V. of New Business Netherlands Holding B.V. – conclusion

Turin, 7th October 2022. Iveco Group N.V. (IVG) announces the conclusion of the statutory merger procedure (pursuant to Sections 2:309 et seq. of the Dutch Civil Code) with and into IVG of its fully owned subsidiary New Business Netherlands Holding B.V., a private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid), with official seat in Andelst, the Netherlands, and office address at Wanraaij 9, 6673DM Andelst, the Netherlands, previously registered with the trade register of the Netherlands Chamber of Commerce under number 76507203. Effective as from October 1, 2022, New Business Netherlands Holding B.V. ceased to exist as a result of the Dutch law statutory merger. The merger effective date for accounting purposes has been set at January 1, 2022.

The merger resolution was taken by the Board of Directors of IVG in accordance with applicable law and is posted at the corporate website, where a copy of the merger deed has been posted too.

Iveco Group N.V. (MI: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a major force in its specific business: IVECO, a pioneering commercial vehicles brand that designs, manufactures, and markets heavy, medium, and light-duty trucks; FPT Industrial, a global leader in a vast array of advanced powertrain technologies in the agriculture, construction, marine, power generation, and commercial vehicles sectors; IVECO BUS and HEULIEZ, mass-transit and premium bus and coach brands; IDV, for highly-specialised defence and civil protection equipment; ASTRA, a leader in large-scale heavy-duty quarry and construction vehicles; MAGIRUS, the industry-reputed firefighting vehicle and equipment manufacturer; and IVECO CAPITAL, the financing arm which supports them all. Iveco Group employs approximately 34,000 people around the world and has 28 manufacturing plants and 29 R&D centres. Further information is available on the Company’s website

Media Contacts:
Francesco Polsinelli, Tel: +39 335 1776091
Fabio Lepore, Tel: +39 335 7469007

Investor Relations:
Federico Donati, Tel: +39 011 0073539


LambdaTest Partners with Sumo Logic to Enable Seamless Test Analytics to Customers

This collaboration of industry leaders enables testers/developers to use test data efficiently and get 360° pipeline visibility and real-time insights to ensure faster releases

San Francisco, Oct. 07, 2022 (GLOBE NEWSWIRE) — LambdaTest, the leading continuous quality testing cloud platform and Sumo Logic, the leading SaaS analytics platform to enable reliable and secure cloud-native applications, has announced a new joint partnership to help organizations leverage test analytics to scale their engineering efficiency. This partnership will enable customers to release faster with 360° pipeline visibility and real-time insights of engineering practice within their development lifecycle. By analyzing security and operational issues with Sumo Logic, customers can make smarter decisions and free up resources for other critical functions.

“We’re excited to announce the partnership with Sumo Logic to help customers scale faster. Continuous testing has become crucial for engineering teams as organizations are focusing on quality and faster releases than ever before. The LambdaTest and Sumo Logic partnership solves key challenges that testers/developers face on a daily basis, including a lack of comprehensive insights into test analytics. With Sumo Logic’s Continuous Intelligence Platform™, customers can leverage the test data from LambdaTest to make informed decisions and increase the efficiency of their engineering teams,” said Mayank Bhola, Co-Founder and Head of Product, LambdaTest.

The LambdaTest and Sumo Logic partnership enables enterprise and SMB customers to view LambdaTest results in a custom Sumo Logic dashboard and gain deeper insight into the automation scripts to ship quality products at light speed. Organizations, today, have no option but to develop applications at record speeds and this collaboration will enable just that by helping them measure and track key metrics like test passes and failures to understand testing behavior. Organizations can also track test trends and error trends, measure metrics over a period of time, and get detailed insights using usage analytics into the engineering and development process.

“By applying Sumo Logic insights to LambdaTest, enterprises are able to set the benchmark for pipeline visibility into their engineering practices. Our ability to process massive amounts of data in a design tuned for rapid analysis creates a strong customer competitive advantage. Now, resource-constrained companies can scale development and drive innovation with a holistic view,” said John Coyle, Senior Vice President, Corporate Development & Strategic Business Operations, Sumo Logic.

To learn more about the partnership, visit:

About LambdaTest

LambdaTest is a continuous quality testing cloud platform that helps developers and
testers ship code faster. Over 7000+ customers, and 1+ million users across 130+ countries rely on LambdaTest for their testing needs.

LambdaTest platform provides secure, scalable, and insightful test orchestration for
customers at different points in their DevOps (CI/CD) lifecycle:-

Browser & App Testing Cloud allows users to run both manual and
automated tests of web and mobile apps across 3000+ different browsers,
real devices, and operating system environments.

HyperExecute helps customers run and orchestrate test grids in the cloud
for any platform and programming language at blazing-fast speeds to cut
down on quality test time, helping developers build software faster.

For more information, please visit,

For further information please contact the LambdaTest press office: Bilal Mahmood on or +44 (0) 20 3640 7759 and +44 (0) 771 400 7257.

2022 Cambodia Outlook Conference Kicks Off

The 2022 Cambodia Outlook Conference themed “Revitalising Cambodia: Sustaining Development After COVID-19” kicked off this morning under the presidency of Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen.
“Two years have passed since COVID-19 sparked concern among virologists over what has come to be the most significant medical event. Now that the most troubling period of the global pandemic is behind us, the important work of adjusting Cambodia’s course towards pre-COVID levels of growth and development is at hand. The Cambodia Development Resource Institute (CDRI) is taking the lead in plotting this path to recovery,” said CDRI’s Chairman of the Board of Directors, H.E. Dr. Mey Kalyan.
Addressing the function, Samdech Techo Hun Sen said to recover and move towards to a sustainable and inclusive development require addressing complex global challenges through cooperation, solidarity and unity in seeking solutions.
“In this spirit, even though we have not opened the discussion and have no specific solution yet, I would like to share that the Kingdom of Cambodia was able to advance rapidly, and to effectively manage the spread of COVID-19 through the introduction of correct and timely policies,” he underlined.
In order to direct the course of socio-economic development in Cambodia, the Premier continued, the Royal Government of Cambodia (RGC) has already adopted four phases of the Rectangular Strategy. In each phase, the RGC always identifies “People” as one of the four priorities, namely Road, Water, Electricity, and People. Particularly, from the third phase onward, the RGC has identified “people” as the top priority, by focusing on human resource development, job creation and poverty reduction.
“In fact, Cambodia has created jobs for millions of people, especially in the garment and footwear sector, agriculture and tourism, which have contributed to reducing remarkably poverty from 53.2 percent in 2004 to just 17.8 percent in 2020. At the same time, over the last two decades before COVID-19, Cambodia has achieved a growth rate of more than 7 percent per year, which has changed the status of Cambodia from a least developed country (LDC) to a lower middle-income country in 2015,” he said.
CDRI’s 2022 Cambodia Outlook Conference, bringing together government officials, academics and economic experts from around the world, will provide key stakeholders a platform to address the most pressing issues facing Cambodia in the coming years.

Source: Agency Kampuchea Press

PM Asks Researchers to Re-study Cambodia’s Goal for an Upper Middle-Income Country by 2030

Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen has asked the Cambodia Development Resource Institute (CDRI)’s researchers to re-conduct a study on the Kingdom’s goal to become an upper middle-income economy by 2030.
“We have set the goal when the world had no COVID-19 pandemic, no war in Ukraine, no nuclear intimidation, therefore we have to revise it to make sure that we can achieve it,” he said in front of government officials, foreign diplomats, and national and foreign academics and economic experts, at the opening ceremony of the 2022 Cambodia Outlook Conference.
Samdech Techo Hun Sen underlined that Cambodia has achieved an annual growth rate of more than 7 percent before the COVID-19 crisis, which has changed the status of Cambodia from a least developed country (LDC) to a lower middle-income country in 2015, but “we don’t know how it will be for 2030.”
The Royal Government has set its vision of turning Cambodia into an upper middle-income economy by 2030 and a high-income nation by 2050.

Source: Agency Kampuchea Press

Cambodian PM Condemns North Korea’s Launch of Ballistic Missile over Japan

Samdech Akka Moha Sena Padei Techo Hun Sen, Prime Minister of the Kingdom of Cambodia, this morning condemned the North Korea’s launch of ballistic missile over Japan.
In his keynote address at the opening ceremony of the 2022 Cambodia Outlook Conference, Samdech Techo Hun Sen said this is an act of security intimidation in the region.
“This is an unfortunate act in the region. This is not a joke, but a threat to regional security as it is not just a toward-sea, but a cross-country launch. In this regard, Cambodia needs to take a clear stance,” he said.
On Oct. 4, the Spokesperson of the Ministry of Foreign Affairs and International Cooperation of Cambodia issued a statement showing his concern over the ballistic missile test-launch conducted by the Democratic People’s Republic of Korea (DPRK), which is another violation of the United Nations Security Council (UNSC) Resolutions and may escalate tensions and threaten regional peace and stability.
“The Ministry of Foreign Affairs and International Cooperation calls on DPRK to comply fully with all relevant UNSC Resolutions and its international obligations and calls on all concerned parties to exercise self-restraint and create an environment conducive to the early resumption of the Six-Party Talks to bring about a complete, verifiable, irreversible, and peaceful denuclearisation of the Korean Peninsula,” read the statement.

Source: Agency Kampuchea Press