Business

Artificial Grass Recycling Process will be Available by 2020

Published

6 years ago

June 27, 2019

From the beginning of 2020, artificial grass recycling process will be available for both clients and buyers. GBN-AGR, which is working on the artificial grass recycling process, will first time recycle an industrial site’s artificial grass lawn near Amsterdam. The grass would be recycled into a high-quality product which can be used to construct new fields. This will impact positively on global artificial grass market. Due to this, the demand for artificial grass lawn will increase after becoming a recyclable product.

This innovation will develop trust and responsibility among consumers about the product and will boost the entire artificial grass manufacturing chain. End of life conversion into reuse will be helpful for the environment to remain pollution free. Environment authorities of the governments will also not impose extra duties on artificial grass makers and retail sellers. The idea is worth to implement as soon as possible.

Another company, Southwest Greens Birmingham is also one of the global players to manufacture artificial turf for leading sports and industry apartments. The company covers the state of Alabama and gives lawn services to several cities including Birmingham, Talladega, Montgomery, and Florence.

GBN-AGR is claiming 100% correctness in the recycling process of artificial turf. If the idea works well, then Dutch BRL standards would soon provide the certification for its worldwide use. The certification would be a guarantee of a completely transparent and high-quality process for clients and buyers. GBN-AGR will publish annual impact report about how many square meters of artificial grass have been processed, and into which products they processed and where the products finally met up.

Business

Black Banx Group — Third Quarter 2025 Results

Published

2 hours ago

November 3, 2025

Matthew Wiles

FOR IMMEDIATE RELEASE · Road Town, British Virgin Islands · October 30 2025

Black Banx reports USD 4.3 billion revenue and USD 1.6 billion pre-tax profit in third quarter 2025

Black Banx Group today announced its results for the third quarter ended 30 September 2025, delivering strong performance with further progress toward its full-year targets.

Key figures for Q3 2025:

Revenue: USD 4.3 billion
Profit before tax (PBT): USD 1.6 billion
Cost-to-income ratio: ≈ 62%
Customer base (period-end): ~92 million clients

YTD (first nine months) results: Revenue USD 12.7 billion, PBT USD 4.7 billion, positioning the Group on track toward its full-year ambitions of ~USD 17 billion revenue and ~USD 6.4 billion PBT.

“Our Q3 results reaffirm the scalability and resilience of our platform,” said Michael Gastauer, Group CEO. “By continuing to scale our client base, deepen engagement, and drive operational efficiencies, we maintain momentum toward our 100 million-customer milestone and full-year ambitions.”

Daniel Dumitrascu, Group CFO, added: “We are pleased to demonstrate sequential improvement in our cost/income ratio despite ongoing investment in growth markets. With the first nine months delivered, our Q4 plan is well calibrated to close the year strongly.”

Business highlights:

Net customer adds of approximately 8 million during Q3, bringing the total client count to ~92 million as of 30 September 2025. On pace for the 100 million-customer target by year-end.
Continued growth across emerging markets, driven by expansion efforts in Africa, South Asia and Latin America.
Strong transaction volumes across cross-border payments and cryptocurrency-adjacent services, contributing to top-line resilience.
Ongoing initiatives to optimise operations and automate processes delivered a sequential improvement in cost/income ratio to ~62% from ~64% in Q2.
Strategic investments sustained in growth markets while preserving profitability and shareholder value.

Outlook:

With three quarters behind it, Black Banx remains aligned with its 2025 full-year targets of approximately USD 17 billion in revenue and ~USD 6.4 billion in pre-tax profit. The company anticipates a seasonally stronger Q4 performance, underpinned by ongoing global client acquisition and further monetisation of its platform.

About Black Banx Group:

Black Banx Group is a global digital banking and fintech platform serving tens of millions of private and business clients across more than 180 countries. The Group offers seamless, borderless banking services, including multi-currency accounts, cross-border payments and cryptocurrency-compatible solutions. Headquartered in the British Virgin Islands, Black Banx is dedicated to innovation, financial inclusion and delivering value to its stakeholders.

Media Contact:

Black Banx Media Relations
Email: [email protected]

Forward-looking statements: This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the Group’s business strategy, financial prospects, targets and trajectory. Actual results may differ materially from those anticipated.