Daily Archives: 7, November 2012

Bank crisis rules need a dose of realism and more detail

The European Commission’s bank crisis resolution plans focus too closely on individual troubled banks, and must do more to address crises that could infect an entire banking sector, commented MEPs on the draft legislation tabled in the Economic and Monetary … Read the full press release

Philips wins Platinum Successful Design Award China for SoundBar Home Cinema Speakers for Android

Philips Soundbar Home Cinema Speakers for Android

Eindhoven, the Netherlands, 7-11-2012 — /europawire.eu/ — Royal Philips Electronics (NYSE: PHG, AEX: PHI) is honored to have been chosen by the jury of the Successful Design Awards-China to receive the Platinum Award for the Philips Soundbar Home Cinema Speakers for Android … Read the full press release

Climate summit: EU and world must raise ambition, say environment MEPs

7-11-2012 — /europawire.eu/ — The UN climate summit in Doha (COP 18) should spur the EU and other countries around the world to step up their action to limit global warming, say Environment Committee MEPs in a resolution adopted today. A … Read the full press release

Husqvarna Group plans cost structure improvements

7-11-2012 — /europawire.eu/ — Husqvarna Group plans measures to improve the Group’s cost structure. The measures include layoffs in several countries, including Sweden. The proposed measures include a reduction of approximately 600 employees, whereof almost half are in Sweden, mainly in … Read the full press release

Court of Justice rules Hungarian forced early retirement of judges incompatible with EU law

Brussels, 7-11-2012 — /europawire.eu/ — On the request of the European Commission, the Court of Justice of the European Union today ruled that the abrupt and radical lowering of the retirement age for judges, prosecutors and notaries in Hungary violates EU equal … Read the full press release

Innovation performance of 190 European regions compared

Figure 1: Innovation performance by regions

Brussels, 7-11-2012 — /europawire.eu/ — Innovation is a key driver of economic growth and jobs. The Regional Innovation Scoreboard 2012, published today, provides a comparative assessment of how European regions perform with regard to innovation. The report covers 190 regions across the … Read the full press release

Speech by Frans van Houten at Euronext Beurstrommeldag “Investing in the Future” (English)

Speech by Frans van Houten at Euronext Beurstrommeldag “Investing in the Future” (English)

7-11-2012 — /europawire.eu/ — Ladies and Gentlemen, I am delighted to be speaking to you at this ‘Beurstrommeldag’ (‘stock exchange drum day’). It provides an excellent opportunity for me to share with you my thoughts on innovation, entrepreneurship and competitive strength. … Read the full press release

Joint funding of European-African research projects agreed

Brussels, 7-11-2012 — /europawire.eu/ — The first initiative of European and African countries to jointly fund collaborative research projects will be agreed today during a visit by Research, Innovation and Science Commissioner Máire Geoghegan-Quinn to Cape Town. The calls, to be launched … Read the full press release

Cystic kidney growth curbed

7-11-2012 — /europawire.eu/ — Several million people worldwide suffer from the genetic disorder polycystic kidney disease. Previously, only the symptoms of the disease could be treated. Teaming up with colleagues, researchers from the University of Zurich have now succeeded in curbing … Read the full press release

Active and healthy ageing: concrete action plans for a better life for older Europeans

Brussels,  7-11-2012 — /europawire.eu/ — The first Conference of Partners of the European Innovation Partnership on Active and Healthy Ageing takes place in Brussels today. The Conference is headlined by European Commission Vice President Neelie Kroes, Commissioner Maire Geoghegan Quinn, Kathleen … Read the full press release

Improving Access to Labour Market Information for Migrants & Employers

Brussels, 7-11-2012 — /europawire.eu/ — Ladies and Gentlemen, It is my great pleasure to welcome you all to this Expert Seminar that is devoted to the access of migrants and employers to labour market information and which is organised by LINET, … Read the full press release

Atos Worldline launches its first contactless portable terminal in Europe

YOXIMO sets new standard with its screen integrated contactless reader Paris, 7-11-2012 — /europawire.eu/ — Atos Worldline, Atos core expertise in Hi-Tech transactional services, launches its first contactless portable terminal, YOXIMO, a new European standard in portable contactless payment terminals. Its integrated … Read the full press release

Stora Enso’s Nomination Board appointed

STORA ENSO OYJ STOCK EXCHANGE RELEASE 24 October 2012 at 9.00 EET Helsinki, Finland, 6-11-2012 — /europawire.eu/ — Stora Enso’s Annual General Meeting (AGM) on 24 April 2012 decided to appoint a Nomination Board to prepare proposals concerning (a) the number of … Read the full press release

abertis’ recurrent net profit up 6% to €536Mn in the first nine months of 2012

6-11-2012 — /europawire.eu/ — The Group focuses its strategy on internationalisation, debt reduction and strengthening its dividend policy Revenues: €2,992Mn (+1%). Recurrent EBITDA: €1,958Mn (+3%). Recurrent total net profit: €536Mn (+6%). Total net profit: €1,003Mn (+69%) Net debt: €12,512Mn (-10%). abertis’ Board … Read the full press release

voestalpine reducing earnings expectations by EUR 100 million for FY 2012/13 despite development in the first half according to expectations

* according to IFRS all results after Purchase Price Allocation (PPA) ** before minority interest and hybrid capital interest

With an EBITDA of EUR 730 million and EBIT of EUR 441 million based on almost stable revenues in the first half of 2012/13 voestalpine is well on track to repeat the (adjusted) earnings figures of the business year 2011/12. … Read the full press release

Active Ageing: Delivering Results for Europe

European Innovation Partnership on Active and Healthy Ageing – First Conference of Partners, Brussels, 6-11-2012 — /europawire.eu/ — It’s a great pleasure to welcome you all here today. You don’t need me telling you about the challenge of an ageing population. And … Read the full press release