Day: September 2, 2022

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HTEC Group acquires Mistral Technologies to Expand its Engineering Base in Southeast Europe to Over 2,000 Professionals

SAN FRANCISCO, Sept. 02, 2022 (GLOBE NEWSWIRE) — HTEC Group (“HTEC”) (www.htecgroup.com), a global consulting, software engineering and digital product development company based in San Francisco, today announced that it has acquired Sarajevo-based Mistral Technologies. Joining forces with Mistral’s team of 300, HTEC is now the largest technology company in Bosnia and Herzegovina employing close to 600 experts in the country.

Globally, HTEC’s team has grown to over 2,000 employees, with development centers across Southeast Europe — where the company operates in six countries — with creative and consulting offices located in the Silicon Valley, London, New York, Minneapolis, Amsterdam, Stockholm and Gothenburg. By combining Silicon Valley-based design thinking with the best of SEE engineering talent in more than 20 locations, HTEC supports global clients with digital product development, from strategy and conceptualization to design and agile engineering on scale.

Mistral, the newest member of HTEC Group, was founded in Sarajevo in 2010, and has positioned itself as the employer of choice for engineering talent in Bosnia and Herzegovina, an impressive client portfolio of Fortune 500 companies.

“Building strong relationships based on trust, delivering excellence and creating additional value for our prized client partnerships has always been at the forefront of our strategy alongside providing a people centric work environment. We are perfectly aligned with HTEC Group in terms of our values and service delivery and I am confident we will soon become the most desired partner of choice globally, for the most complex engineering challenges,” commented Mersed Camdzic, Mistral co-founder and CEO.

“I am happy to say that today we acquired Mistral Technologies, one of the best technology companies in the region, clearly a market leader in Bosnia and Herzegovina, with the passion, leadership skills, engineering excellence and company values that match our own. Going forward, we will continue to bring together by far the most talented technical and creative professionals in Southeast Europe and expose them to global market opportunities,” said Aleksandar Cabrilo, HTEC co-founder and CEO.

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Pakistan Army continuing rescue, relief operations in flood ravaged areas of country

Pakistan Army is continuing its rescue and relief operations in the flood ravaged areas of the country.

According to the ISPR, two hundred helicopter sorties have been flown in various areas of Pakistan to evacuate stranded people and also transport ration and medicines.

During the last twenty-four hours, 1991 stranded individuals were evacuated and 162.6 tons of relief items were delivered by Pakistan Army to flood-affected people. So far, fifty thousand individuals have been shifted to safer locations from calamity hit areas.

147 relief camps are functional round the clock in flood-affected areas of Sindh, Southern Punjab, Balochistan and Khyber Pakhtunkhwa. More than sixty thousand patients have been treated.

Source: Radio Pakistan

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All-out efforts being made to mitigate sufferings of flood affectees: Musadik

Minister of State for Petroleum Dr Musadik Malik says federal and provincial governments are utilizing all their resources to reduce the suffering of people to whom the devastating floods rendered homeless.

Talking to media in Islamabad on Friday, he said flood-affected people are in dire need of remedial measures as their lives and integrity is in danger.

Dr Musadik said previous government of Pakistan Tehreek-e-Insaf ruined country’s economy. He said PTI Chief Imran Khan attempted to derail the IMF programme for Pakistan.

Source: Radio Pakistan

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Flood Relief Fund to be audited by AGPR, private firm to ensure transparency: PM

Prime Minister Shehbaz Sharif says government has decided to get the Prime Minister Flood Relief Fund audited by AGPR and a private audit firm of global standing.

In a tweet on Saturday, he said AGPR and a private audit firm will audit all incoming and outgoing funds including where and how the money is spent.

He said the audit reports will be made public.

Source: Radio Pakistan

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PM visits flood-affected village in Ghizer

Prime Minister Shehbaz Sharif visited a flood-affected village in Ghizer District of Gilgit-Baltistan on Friday.

On the occasion, he was briefed about the relief activities in Ghizer.

Prime Minister Shehbaz Sharif also met with the flood victims in Ghizer district and expressed complete solidarity with them.

Meanwhile, at a ceremony at Gilgit Airport, the Prime Minister also distributed compensation cheques amongst the flood victims of Hunza Shisper Glacier.

The Prime Minister gave away cheques of eight hundred thousand rupees each to nine individuals whose houses were completely damaged and that of five hundred thousand rupees each to six victims whose houses were partially damaged in the Shisper Glacier floods.

Source: Radio Pakistan