Monthly Archives: December 2013

Maintpartner to sell its engineering workshop business in Kouvola, Finland to Dust Control Systems Oy

Espoo, Finland, 27-12-2013 — /EuropaWire/ — Maintpartner Finland sells its engineering workshop business in Kouvola, Finland to Dust Control Systems Oy, based in Loviisa, Finland. The deal includes the workshop machinery and related inventory. Nine employees transfer to the new owner … Read the full press release

Dmitry Osipov appointed new CEO of Uralkali

Berezniki, Russia, 27-12-2013 — /EuropaWire/ — At the meeting held on 23 December 2013, the Board of Directors of Uralkali (LSE: URKA; the Company) took the decision to appoint Dmitry Osipov as the new General Director (CEO) of the Company, effective … Read the full press release

Carrefour to acquire supermarket chain in Olsztyn, Poland

Warsaw, Poland, 27-12-2013 — /EuropaWire/ — Carrefour announces the acquisition of the RAST supermarket chain, which operates 10 stores in Olsztyn. At heart of the daily life of Polish consumers, RAST supermarkets propose a broad range of fresh produce, notably meat, cold cuts, … Read the full press release

Total announced Qatar Petroleum International (QPI) now owns 15% of Total E&P Congo’s capital

Paris, France, 27-12-2013 — /EuropaWire/ — Further to the signing of a framework agreement in early May, Total is pleased to announce that QPI is now a shareholder of Total E&P Congo, holding 15% of its capital. “The conclusion of this … Read the full press release

ING completed the divestment of ING Life Korea to MBK Partners

Amsterdam, Netherlands, 27-12-2013 — /EuropaWire/ — ING announced today that it has completed the divestment of ING Life Korea to MBK Partners, a Korean private equity firm, for a total purchase price of approximately EUR 1.27 billion. In line with the … Read the full press release

Rolls-Royce and Istanbul Technical University to collaborate over Turkey’s plans for civil nuclear power

London, UK, 26-12-2013 — /EuropaWire/ — Rolls-Royce has announced that it will collaborate with Istanbul Technical University to assess the capability and development needs of the Turkish supply chain to deliver the country’s planned fleet of civil nuclear reactors. A … Read the full press release

Airbus to supply 50 additional A380s to Emirates Airline

Blagnac, France, 26-12-2013 — /EuropaWire/ — Emirates Airline and Airbus have completed discussions and signed the firm contract for 50 additional A380s originally announced at the Dubai Airshow on 17th November 2013. The contract documents were finalised by Tim Clark, Emirates Airline … Read the full press release

Rosneft to purchase the Global Oil Merchanting unit of Morgan Stanley Commodities division

Moscow, Russia, 26-12-2013 — /EuropaWire/ — On December 20, 2013 a Russian 100% subsidiary of Rosneft Oil Company and Morgan Stanley signed a binding agreement to purchase the Global Oil Merchanting unit of Morgan Stanley Commodities division. Financial terms of the … Read the full press release

Rosneft’s 40% stake in Artic Russia B.V. to be swapped for 51% shares in Sibneftegas held by NOVATEK

Moscow, Russia, 26-12-2013 — /EuropaWire/ — Rosneft announces that it signed an agreement with NOVATEK to swap assets. 40% of shares in Artic Russia B.V. held by Rosneft will be swapped for 51% shares in Sibneftegas held by NOVATEK. The transaction … Read the full press release

Rosneft repaid part of ТNК-ВР Acquisition loan

Moscow, Russia, 26-12-2013 — /EuropaWire/ — Rosneft announces it repaid part of a loan obtained earlier from a group of international banks to finance the acquisition of TNK-BP. With the early repayment announced earlier, the overall amount paid towards the settlement … Read the full press release

Bosch formed Bosch Connected Devices and Solutions GmbH to make devices and objects intelligent and web-enabled across broad range of applications

Bosch CEO Denner: “By 2015 more than six billion things will be connected to the internet.” Networked devices with embedded software from a single source Bosch building on many years of expertise in electronics and sensor technology Stuttgart, Germany, 26-12-2013 — … Read the full press release

Barclays predicts UK consumer spending on debit cards during December this year will be £47 billion

A record £31.9 billion to be spent on debit cards and a further £14.9 billion of cash withdrawn from ATMs The busiest day for ATM withdrawals is predicted to be Friday 20th December, with over £1 billion being dispensed that … Read the full press release

RWE Gas International B.V. sold its 49.83% stake in FOGÁZ Group to MVM Hungarian Electricity Private Limited Company for HUF 41 bn

Essen, Germany, 23-12-2013 — /EuropaWire/ — MVM Hungarian Electricity Private Limited Company and RWE Gas International B.V. signed an agreement today governing the acquisition of RWE’s 49.83% stake in FOGÁZ for a purchase price of HUF 41 bn. Closing of the … Read the full press release

Rory Cullinan to lead RBS’s newly created Capital Resolution Group (CRG)

Edinburgh, Scotland, 23-12-2013 — /EuropaWire/ — RBS has today announced the appointment of Rory Cullinan, currently Chief Executive of the bank’s Non-Core Division, to lead the newly created Capital Resolution Group (CRG). The CRG, which is effective from 1 January 2014, … Read the full press release

World premiere for the new MINI at North American International Auto Show (NAIAS) 2014 in Detroit

Detroit, MI, US, 23-12-2013 — /EuropaWire/ — The new edition of an original is the central focus of the MINI presentation at the North American International Auto Show (NAIAS) 2014 in Detroit. The British premium brand presents the new MINI – … Read the full press release

Dominique Bourrinet appointed Group General Counsel at Societe Generale

Paris, France, 23-12-2013 — /EuropaWire/ — Societe Generale announces the appointment of Dominique Bourrinet as Group General Counsel with effect from January 1st2014. Dominique Bourrinet, who was Group Deputy General Counsel since October 1st after working as General Counsel for Corporate and Investment … Read the full press release

BASF subsidiary Wintershall to expand its oil and gas production and exit gas trading and storage business in swap assets deal with Gazprom

BASF subsidiary Wintershallto increaseoil and gas production and exit gas trading and storage business  Completion of the transaction expected mid-2014  Ludwigshafen, Germany / Moscow, Russia, 23-12-2013 — /EuropaWire/ — Today in Moscow, BASF and Gazprom signed the final agreement to swap … Read the full press release

DHL Express first delivered the package to Santa Claus at North Pole in Georgia Institute of Technology’s Great Package Race project

The Leader in International Express Places First in Holiday Edition of Great Package Race Bonn, Germany, 20-12-2013 — /EuropaWire/ — It’s been said that no one knows how to meet deadlines for deliveries around the world quite like Santa Claus. … Read the full press release

BASF and Renmatix to jointly scale up the Renmatix Plantrose process for the production of industrial sugars based on lignocellulosic biomass

Renmatix’s patented Plantrose TM technology enables production of industrial sugars from non-edible, woody biomass Industrial sugars are important bio-based precursors for a variety of chemicals based on renewable feedstocks Ludwigshafen, Germany / Philadelphia, PA, US, 20-12-2013 — /EuropaWire/ — BASF, Ludwigshafen, Germany, and American … Read the full press release

John Deere and BASF to jointly develop suite of integrated precision farming and farm management solutions for improved execution in the field

Mannheim and Limburgerhof, Germany, 20-12-2013 — /EuropaWire/ — John Deere and BASF today announced plans to jointly develop a suite of integrated precision farming and farm management solutions for improved execution in the field. These tools, developed together with growers, will provide enhanced … Read the full press release

BAE Systems appointed Claire Divver as Group Communications Director

BAE Systems has appointed Claire Divver as Group Communications Director. She will join the group early in the new year and will be a member of the BAE Systems Executive Committee, reporting to Chief Executive Ian King. London, UK, 20-12-2013 — … Read the full press release

BAE Systems to supply 102 BvS10 all-terrain vehicles to Sweden

BAE Systems has signed a $120 million (SEK 800m) contract to supply an additional 102 BvS10 all-terrain vehicles to Sweden. London, UK, 20-12-2013 — /EuropaWire/ — The new sale is the result of an extended contract option taken out when the … Read the full press release

ArcelorMittal announced its financial calendar for 2014

Luxembourg, 20-12-2013 — /EuropaWire/ — ArcelorMittal today announces its financial calendar for 2014. Earnings results announcements: 7 February 2014 Earnings Release Q4 2013 + FY 2013 9 May 2014 Earnings Release Q1 2014 1 August 2014 Earnings Release Q2 2014 7 November … Read the full press release

Aviva announced it will invest £500 million in UK infrastructure projects

London, UK, 19-12-2013 — /EuropaWire/ — Aviva announces that it is making an immediate allocation of £500 million to invest in UK infrastructure projects. This commitment is a direct result of the recent agreement on Solvency II, the European wide insurance regulation, … Read the full press release

Tesco trend experts announced their Christmas toy wish list

Cheshunt, UK, 19-12-2013 — /EuropaWire/ — It will be a case of old school versus new school in the battle for this year’s Christmas toy market. New versions of 90’s favourites Furby and Teksta will be up against kids’ tablets LeapPad Ultra … Read the full press release

Enel Green Power begins construction works on the new Dominica I wind farm in Mexico

Once constructed, the Dominica I plant, with an installed capacity of 100 MW, will be able to generate up to 260 GWh per year A total investment of approx. 196 million US dollars is expected to construct the plant Rome, … Read the full press release

Klaus Moosmayer named Siemens AG Chief Compliance Officer

Munich, Germany, 19-12-2013 — /EuropaWire/ — Klaus Moosmayer has been named to head Siemens’ entire compliance organization as Chief Compliance Officer, effective January 1, 2014. Since 2007, Moosmayer has played a key role in building up Siemens’ new, globally recognized compliance system. … Read the full press release

Pioneer Investment selected CACEIS for depositary and fund administration services for the launch of its first French law fund the Neuflize High Yield International 2018

Paris, France, 19-12-2013 — /EuropaWire/ — CACEIS is Pioneer Investment’s asset servicing provider of choice for the launch of its first French law fund, the Neuflize High Yield International 2018, managed as part of an exclusive partnership with Banque Neuflize OBC. CACEIS … Read the full press release

CACEIS to provide depositary services for German investment manager Buss Capital GmbH & Co. KG

Paris, France, 18-12-2013 — /EuropaWire/ — German investment manager, Buss Capital GmbH & Co. KG, has selected CACEIS to provide depositary services for its funds managed under the new KAGB regime. Based in Hamburg, Buss Capital is the market leader for … Read the full press release

GDF SUEZ started production from its cross-border Orca gas field in UK and Dutch sectors of the North Sea

Paris, France, 18-12-2013 — /EuropaWire/ — GDF SUEZ announces the start-up of production from its Orca gas field which straddles the UK and Dutch sectors of the North Sea and which is only the second such cross-border gas development between these … Read the full press release