Private Companies 6

SWITZ

July 21, 2017: Lemanik S.A.: RECOVERY PROCEEDING BUT SLOW REFORMS

NEWS BITES - PRIVATE COMPANIES

The eurozone recovery is proceeding but delays to reforms are holding it back, European Central bank President Mario Draghi said Thursday. He said quantitative easing would continue until there was a "sustained" rise in prices. ANSA

INDEX

SECTION 1 LEMANIK S.A. PROFILE

SECTION 2 PRESS RELEASES: 2017

SECTION 1 LEMANIK S.A. PROFILE

1.1 ACTIVITIES

Lemanik S.A. provides accounting, book-keeping, and auditing services. It also offers tax consultancy, and business and management consultancy services. The company was founded in 1970 and is based in Lugano, Switzerland.

1.2 SUMMARY

PermID: 5000006172

Website: http://www.lemanik.ch

Industry: Professional Services

SECTION 2 PRESS RELEASES: 2017

July 21: Lemanik S.A.: RECOVERY PROCEEDING BUT SLOW REFORMS

The eurozone recovery is proceeding but delays to reforms are holding it back, European Central bank President Mario Draghi said Thursday. He said quantitative easing would continue until there was a "sustained" rise in prices. ANSA

Source: Company Website

July 19: Lemanik S.A.: Euro zone banks see rising loan demand in third quarter

Banks across the euro zone are set to expand lending in the third quarter, easing access to mortgages, corporate loans and consumer credit, the European Central Bank said. Demand for loans continued to rise in the second quarter and access to credit became easier in most categories, driven in part by increased competition among banks and access to even cheaper wholesale and retail funding, the ECB said. REUTERS

Source: Company Website

July 17: Lemanik S.A.: China's strong second quarter GDP growth paves way for deeper reforms

China's economy expanded faster-than-expected in the second quarter, setting the country on course to comfortably meet its 2017 growth target and giving policymakers room to tackle big economic challenges ahead of key leadership changes later this year. China's gross domestic product rose 6.9 percent in the second quarter from a year earlier, the same rate as the first quarter. That was higher than analysts expectations for the economy to expand 6.8 percent. REUTERS

Source: Company Website

July 12: Lemanik S.A: China's battle against debt to slow second quarter GDP growth to 6.8 percent

China's economic growth is expected to have cooled to 6.8 percent in the second quarter as Beijing tightens the screws on financial risks, a Reuters poll showed, in a sign the world's second-biggest economy is set for a further slowdown over the coming quarters. Government efforts to flush out property speculators, defuse asset bubbles and reduce high levels of debt across the economy will continue to chip away at growth from the first quarter's robust pace of 6.9 percent. REUTERS

Source: Company Website

July 10: The Atkins North America Holdings Corporation: Atkins secures place on Balfour Beatty's Strategic Design Consultant Partnership

Atkins, one of the world's most respected design, engineering and project management consultancies, has become part of a collaborative UK Strategic Design Consultant Partnership formed by international infrastructure group Balfour Beatty.

This mutually beneficial partnership includes Mott MacDonald and WSP and will foster a new level of openness, collaboration and innovation never before seen within the construction industry.

The Partnership will focus Balfour Beatty's procurement of design consultants for its projects towards Atkins, Mott MacDonald and WSP with standard terms and conditions. A community of practice will bring designers and engineers from the four companies together to find solutions in key areas such as health and safety through design, value engineering and the use of more cost-effective design resources.

Customers will benefit from earlier engagement with a co-ordinated collaborative team and improved, consistent working practices which will ultimately reduce construction and programme costs.

The Partnership will be led by Balfour Beatty's newly-appointed strategic design consultant partnership director, Robin Bashford. Robin will be responsible for implementing the Partnership working with the three design consultants to deliver increased value to customers. Prior to his appointment, Robin held a senior work winning role within Balfour Beatty's Major Projects business and has been with the company since 2013.

Source: Company Website

June 23: Lemanik S.A.: Euro zone businesses end second quarter with slower growth: PMI

Source: Company WebsiteRoaring euro zone business growth tailed off unexpectedly toward the end of the first half of 2017 following a sudden slowing in the pace of expansion by services firms. IHS Markit's Flash Composite Purchasing Managers' Index for June fell to 55.7 from the 56.8 it registered in April and May, which was its highest since April 2011. REUTERS

June 21: Lemanik S.A.: JAPAN ECONOMIC GROWTH TO DECELERATE IN FISCAL 2019

Japanese domestic demand will be on an uptrend through fiscal 2018 while it will slowdown in fiscal 2019 leading the economy to continue to expand but at a slower rate, according to the minutes of the April 26-27 monetary policy meeting released by the Bank of Japan. RADIOCOR

Source: Company Website

June 19: Lemanik S.A. ; Macron wins strong parliamentary majority, estimates show

President Emmanuel Macron won a commanding majority in France's parliamentary election on Sunday, sweeping aside traditional parties and securing a powerful mandate for pro-business reforms. Three pollsters projected that Macron's Republic on the Move (LREM) and its Modem allies would win 355 to 365 seats in the 577-seat lower house, fewer than previously forecast. REUTERS

Source: Company Website

May 26: Lemanik S.A.: BOJ's interest earnings fall for first time in 5 years

Source: Company WebsiteThe Bank of Japan saw interest payments on its huge government bond holdings decline for the first time in five years in the fiscal year that ended in March, a sign that its ultra-loose monetary policy was taking a toll on its financial health. REUTERS

May 24: Lemanik S.A.: China credit rating cut to A1 vs Aa3 - Moody's

Moody's Investors Service said it has downgraded China's long-term local currency and foreign currency issuer ratings to A1 from Aa3 and changed the outlook to stable from negative. The downgrade reflects Moody's expectation that China's financial strength will erode somewhat over the coming years, with economy-wide debt continuing to rise as potential growth slows. RADIOCOR

Source: Company Website

PermID: 5000006172

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