Monthly Archives: January 2016

NORDEN writes down USD 180 million from the value of its dry cargo fleet

HELLERUP, Danmark, 22-Jan-2016 — /EuropaWire/ — NORDEN writes down the carrying amount of owned dry cargo vessels by USD 180 million and at the same time makes a provision of USD 160 million for losses on long-term chartered dry cargo vessels. … Read the full press release

Central and Eastern Europe (CEE) banks operated in rather positive economic environment in 2015 – UniCredit Bank Austria

Most CEE economies showed strong economic growth in 2015 and proved more resilient towards shifts in investors’ sentiment with regards to emerging markets Overall banking sector profitability is normalizing on a new post-crisis level, still double the one of Western … Read the full press release

OTE Group joins European Commission on 5G research projects

Constant investment in the future through research and innovation Paiania, Greece, 22-Jan-2016 — /EuropaWire/ — OTE Group participates in 4 research projects of the European Commission on designing and developing 5th generation (5G) technologies, infrastructure and services. 5G is the future … Read the full press release

Documentary channel OTE HISTORY airs on OTE TV on Friday, January 22

Paiania, Greece, 22-Jan-2016 — /EuropaWire/ — OTE HISTORY, the only documentary channel on Greek TV, focusing on Greece’s history and culture, is airing on OTE TV on Friday, January 22. “OTE HISTORY is an important project for OTE, an organization … Read the full press release

Greece: OTE launches hybrid TV platform, OTE TV

Paiania, Greece, 22-Jan-2016 — /EuropaWire/ — OTE TV is the first to launch in Greece the new hybrid TV platform, offering its subscribers the combined benefits of satellite and IPTV service such asinteractivity, personalized viewing and high definition content. Changing the … Read the full press release

Bank Austria named “Best Trade Finance Bank” in Austria by US financial magazine “Global Finance” for the eighth year in a row

VIENNA, 22-Jan-2016 — /EuropaWire/ — Bank Austria has been crowned “Best Trade Finance Bank” in Austria for 2016 by US financial magazine “Global Finance”, for the eighth year in a row. This is the result of an annual survey among analysts, … Read the full press release

University of Leicester to conduct studies to better understand asthma including how to diagnose and monitor the condition in children

LEICESTER, 22-Jan-2016 — /EuropaWire/ — Midlands Asthma and Allergy Research Association funds projects to combat effects of asthma A number of studies to better understand asthma – including how to diagnose and monitor the condition in children – will be conducted … Read the full press release

YCMP signs new licence agreement with MAN Diesel & Turbo for MAN B&W-branded, two-stroke diesel engines production

YCMP becomes latest Chinese licensee COPENHAGEN, 22-Jan-2016 — /EuropaWire/ — At a ceremony in Zhuhai, Guangdong Province on 16 January 2016, local engine builder – Yuchai Marine Power Co., Ltd. (YCMP) – signed a new licence agreement with MAN Diesel & … Read the full press release

Predictive maintenance: Spanish Services team’s new maintenance tool TrainScanner recognised with the internal Alstom Innovation Awards

Levallois-Perret, France, 22-Jan-2016 — /EuropaWire/ — The latest Alstom Innovation Awards have recognised, with a Jury Special Prize, a new maintenance tool, TrainScanner, developed by the Spanish Services team in collaboration with the UK Services Team. The Alstom Innovation Awards … Read the full press release

PGNiG UI further strengthens its position in hydrocarbon exploration on the Norwegian Continental Shelf

WARSAW, 21-Jan-2016 — /EuropaWire/ — In the APA 2015 licensing round, PGNiG Upstream International (PGNiG UI), a subsidiary of Polskie Górnictwo Naftowe i Gazownictwo SA, was awarded interests in four exploration and production licences, including one operatorship. Two of the licences … Read the full press release

AkzoNobel awarded Gold Class distinction for excellent sustainability performance

AMSTERDAM, 21-Jan-2016 — /EuropaWire/ — AkzoNobel’s number one ranking on the 2015 Dow Jones Sustainability Index (DJSI) has resulted in the award of an Industry Leader, Gold Class distinction for excellent sustainability performance. The recognition also includes a listing in the … Read the full press release

AkzoNobel acquires full control of EkO Peroxide LLC, its hydrogen peroxide joint venture

AMSTERDAM, 21-Jan-2016 — /EuropaWire/ — AkzoNobel has strengthened its position in the North American hydrogen peroxide market after acquiring the outstanding shares in EkO Peroxide LLC from joint venture partner OCI Peroxygens LLC (a subsidiary of OCI Enterprises Inc.). Established nine … Read the full press release

Barco and Peripheral Vision partner to provide South-African resellers with access to Barco’s extensive product portfolio

Visualization expert Barco and audio-visual (AV) expert Peripheral Vision have just signed a distributor agreement. Under the partnership, Peripheral Vision will provide South-African resellers and system integrators with easy access to Barco’s extensive product portfolio. Barco is delighted to team … Read the full press release

Ahlstrom divests its Building & Wind business unit to Owens Corning

Ahlstrom sells its glassfiber business to Owens Corning HELSINKI, 21-Jan-2016 — /EuropaWire/ — Ahlstrom has signed an agreement to divest its Building & Wind business unit to Owens Corning, a U.S.-based company listed on the New York Stock Exchange. The initial … Read the full press release

University of Sussex alumnus Narciso Mahumana empowers communities in Mozambique by education

BRIGHTON, 21-Jan-2016 — /EuropaWire/ — A University of Sussex alumnus is using education to empower communities in one of the poorest countries in the world. Narciso Mahumana worked as a ‘nyamusoro’, a type of traditional healer, in Mozambique before travelling to … Read the full press release

University of Sussex neuroscientists identified brain network system that causes performance mishaps when anxious

BRIGHTON, 21-Jan-2016 — /EuropaWire/ — As musicians, figure skaters and anyone who takes a driving test will know, the anxiety of being watched can have a disastrous effect on your performance. Now neuroscientists at the University of Sussex’s Sackler Centre for … Read the full press release

KfW continues its support to federal states and municipalities by providing interest-free loans for refugees’ permanent housing and social integration

Final increase to the extraordinary promotion for creating refugee accommodation – up to a total of EUR 1.5 billion by means of interest-free loans for municipalities Around 550 loan commitments with a total volume of EUR 1,045 million have been … Read the full press release

KfW IPEX-Bank finances construction of 33-km-long section of A94 motorway between Munich and Passau

FRANKFURT AM MAIN, 21-Jan-2016 — /EuropaWire/ — KfW IPEX-Bank, as part of a consortium of commercial banks and in cooperation with the European Investment Bank (EIB), is financing the construction of a 33-km-long section of the A94 motorway between Munich and … Read the full press release

Eyewear: Mercedes-Benz Style and Rodenstock presented the Design Studies “Aesthetics Eyewear” at Opti 2016

MUNICH, 20-Jan-2016 — /EuropaWire/ — Flowing, almost floating-like transitional lines, typical of Mercedes-Benz Style, play between form and material to perfection: Mercedes-Benz Style and Rodenstock presented the Design Studies “Aesthetics Eyewear” – visionary perspectives of upcoming Eyewear Collections – at … Read the full press release

The Mercedes-Benz F 100 research vehicle turns 25

STUTTGART, 20-Jan-2016 — /EuropaWire/ — The F 100 research vehicle celebrated its world premiere 25 years ago. Never before had the designers and engineers realised so many new ideas and innovative solutions in a single vehicle. At the same time, with … Read the full press release

Carl Benz’s “gas-powered vehicle” patent turns 130

STUTTGART, 20-Jan-2016 — /EuropaWire/ — It was the document that set the world in motion: on 29 January 1886, Carl Benz applied for a patent on his “gas-powered vehicle”. This was the day the automobile was born. Later the same year, … Read the full press release

SSAB: Benefits of Docol R-Series Tubing over the competing Chrome Moly 4130 material

Attention to Docol R-Series Tubing is growing annually in the U.S. as race car manufacturers realize its benefits over the competing Chrome Moly 4130 material typically used for chassis and roll cages. STOCKHOLM, 20-Jan-2016 — /EuropaWire/ — As an integrated mill producing … Read the full press release

INCENSe initiative launched by Enel, Endesa, Accelerace and FundingBox unveils the 28 winning startups

• INCENSe is the only CleanTech and energy accelerator co-funded by the European Commission as part of its FIWARE Accelerate programme. • INCENSE’s second open call was launched on June 15th, 2015. The winners were selected by external experts and … Read the full press release

Research study RADAR to investigate if blood pressure drug losartan can complement current treatments for Alzheimer’s disease

People with Alzheimer’s disease are helping with a ground-breaking government-funded trial but with new sites recently opened in the South West more people are being asked to take part in the study led by academics from the Universities of Bristol, … Read the full press release

University of Bristol students among the most targeted by Britain’s top 100 employers – report

A major new report out today [18 January] has revealed that students at the University of Bristol are among the most targeted by Britain’s top 100 employers. Bristol has been ranked ahead of Oxford and Cambridge at 4th in the … Read the full press release

University of Bristol led team announces breakthrough in the transformation of human cells

A breakthrough in the transformation of human cells by an international team led by researchers at the University of Bristol could open the door to a new range of treatments for a variety of medical conditions. Their paper, published today … Read the full press release

K+S Aktiengesellschaft supports Fulda German Red Cross with refugee accommodation

KASSEL, Germany, 20-Jan-2016 — /EuropaWire/ — K+S Aktiengesellschaft is supporting the Fulda German Red Cross (Deutsches Rotes Kreuz) District Association with a targeted donation in the development of a refugee accommodation. Six office containers have been procured in a company … Read the full press release

ABB main partner of the longest rail tunnel in the world the Gotthard Base Tunnel

ABB is a main partner of the “Gottardo 2016” project Geneva / Zurich, Switzerland, 20-Jan-2016 — /EuropaWire/ — The new Gotthard Base Tunnel, the longest rail tunnel in the world, will be officially opened in June this year. A wide … Read the full press release

Fertilizer producer K+S offers solutions in fighting the hunger around the world

KASSEL, Germany, 19-Jan-2016 — /EuropaWire/ — No human right is violated as frequently as the right to food. That almost 800 million people worldwide still do not have enough to eat is one of the greatest scandals of our time. The struggle … Read the full press release

ABB celebrates its 125th anniversary in 2016

One hundred and twenty-five years ago, Charles Brown and Walter Boveri founded BBC in Baden, Switzerland. The company developed into today’s global player ABB, with subsidiaries in 100 countries. Zürich, Switzerland, 19-Jan-2016 — /EuropaWire/ — This year ABB is celebrating its … Read the full press release

ABB study shows 64% return on investment from turbocharger upgrades

Zurich, Switzerland, 19-Jan-2016 — /EuropaWire/ — Independent study shows ABB turbocharger upgrades further improve engine performance and reduce fuel consumption. ABB, the leading power and automation technology group, announced study results1 showing a 64% return on investment from turbocharger upgrades. The … Read the full press release

ABB to supply variable speed drive solution for dual pinion ball mill at the PT Semen Bosowa Maros cement plant in Indonesia

The drive system has the highest energy efficiency amongst all variable speed drives in the 6MW power range. It is also the first drive system for a grinding application with a permanent magnet motor in this power and torque range. … Read the full press release

s.Oliver eröffnet im Januar 2015 mit seinem urbanen Sublabel s.Oliver DENIM erstmals zwei POP UP-Stores

ROTTENDORF, 19-Jan-2016 — /EuropaWire/ — Das internationale Mode- und Lifestyleunternehmen s.Oliver eröffnet im Januar 2015 mit seinem urbanen Sublabel s.Oliver DENIM erstmals zwei POP UP-Stores. Zur Berliner Fashion Week wird es im Szeneviertel Mitte auf rund 100 qm viele Aktionen rund … Read the full press release

Eindhoven University of Technology student team to build car that is powered by formic acid

Building a car that is powered by formic acid. That is the ambition of Team FAST, a multidisciplinary student team from Eindhoven University of Technology. Since formic acid can store hydrogen, an environmentally-friendly fuel, it has more benefits than existing … Read the full press release

LUKOIL’s 2015 preliminary performance results and 2016’s priorities

MOSCOW, 18-Jan-2016 — /EuropaWire/ — The LUKOIL Board of Directors held a meeting in Moscow today to summarize the Company’s preliminary performance results in 2015 and set priorities for 2016 and the near-term outlook. The 2015 hydrocarbon production growth was attained … Read the full press release

Very small reductions in kidney function linked to subtle heart and blood vessel damage – University of Birmingham research

BIRMINGHAM, 18-Jan-2016 — /EuropaWire/ — Very small reductions in kidney function are directly linked to subtle heart and blood vessel damage, according to new research from the University of Birmingham, funded by the British Heart Foundation (BHF). This shows for the … Read the full press release

ArcelorMittal share capital now amounts to EUR 7,453,441,006.98 represented by 1,803,359,338 Shares

Luxembourg, 18-Jan-2016 — /EuropaWire/ — ArcelorMittal (the “Company”) announces the issue on 15 January 2016 of 137,967,116 new ordinary shares of the Company (the “New Shares”) upon conversion of the 88,182,131 outstanding 6% Mandatorily Convertible Subordinated Notes due 15 January 2016 … Read the full press release

Umeå University doctoral student Marina Becher: soil frost important for the release of the greenhouse gas carbon dioxide from arctic soil

Soil frost is a nearly universal process in the Arctic. In a recent dissertation by doctoral student Marina Becher at Umeå University, it is shown that the frequency and extent of soil frost is important for the release of the … Read the full press release

Gorenje Group stepped up its sales and market shares in 2015 despite the harsh conditions in Russia and Ukraine

Management Board comment to estimation of Gorenje Group 2015 performance and 2016 outlook Velenje, Slovenia, 18-Jan-2016 — /EuropaWire/ — Last quarter in 2015 wrapped up with profit. The result for the year will largely depend on currency exchange rates. After a … Read the full press release