Allies also recommitted to the fight against terrorism, and addressed NATO’s response to threats and challenges from the Middle East, North Africa and Sahel.Īt his closing press conference the NATO Secretary General said: “We face the most serious security situation in decades. NATO leaders met with key partners to address global challenges and Indo-Pacific partners Australia, Japan, New Zealand, and the Republic of Korea participated together in a NATO Summit for the first time. A new NATO Innovation Fund to help the Alliance sharpen its technological edge was also launched at the Summit. Leaders agreed on steps to fight climate change, including targets to cut NATO greenhouse gas emissions and move towards Net Zero by 2050. For the first time, the Strategic Concept addresses the challenges posed by China. It sets out NATO’s approach to Russia and to other threats, including terrorism, cyber and hybrid. Leaders endorsed a new NATO Strategic Concept, the blueprint for the Alliance in a more dangerous and competitive world. Allies further agreed on long-term support for Ukraine through a strengthened Comprehensive Assistance Package. During the Summit, NATO’s closest partners Finland and Sweden were invited to join the Alliance, a significant boost to Euro-Atlantic security. Leaders also agreed to invest more in NATO and to increase common funding. Net sales were EUR10.1 billion in 2017, with 90% from activities where Solvay ranks among the world’s top three leaders, resulting in an EBITDA margin of 22%.Allied leaders agreed on a fundamental shift in NATO’s deterrence and defence, with strengthened forward defences, enhanced battlegroups in the eastern part of the Alliance, and an increase in the number of high readiness forces to well over 300,000. Solvay is headquartered in Brussels with around 24,500 employees in 61 countries. Meanwhile, its transformation programme will also lead to about 600 redundancies, mainly in functional activities, including 160 in France, 90 in Portugal and 80 in Brazil. The new site will be dedicated to high-technology innovations in chemistry and advanced materials.
The group’s vision is to bring its employees together in one building and to turn the site into a buzzing campus nurturing science, innovation, and attracting talent. It has, thus, selected the project proposed by the consortium consisting of Danish firm Schmidt Hammer Lassen Architects and Belgian firms MODULO Architects and VK Engineering to design a new building on the Solvay Campus in Neder-Over-Heembeek, north of Brussels, with works expected to begin mid-2019 and to end by 2021.Ībout 1,000 Solvay employees who work at the 22 ha Neder-Over-Heembeek site are spread across more than 20 buildings. In Belgium, the expansion of R&I in advanced materials science will coincide with plans to revamp the Brussels headquarters, fostering collaboration among employees and with partners.
Part of this included upgrading its largest global research site in Lyon, France.
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In March this year, it revealed a transformation plan to simplify organisation and upgrade innovation capabilities. “Over the past six years, Solvay went through one of the most profound business transformations in its 155-year history,” said Jean-Pierre Clamadieu, CEO of Solvay.
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