Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Reed & Mackay Expands Presence Through Partnership With Corporate Travel Providers

LONDON, 21-Apr-2017 — /EuropaWire/ — Inflexion is delighted to announce that Reed & Mackay, a premium corporate travel management company, has created a new global partnership. This partnership will further expand its presence through multiple selected corporate travel providers who will … Read the full press release

Turkish Powder Metal Company Acquired by GKN

Worcestershire, 21-Apr-2017 — /EuropaWire/ — GKN plc has agreed the acquisition of Tozmetal Ticaret Ve Sanayi AS (Tozmetal). Tozmetal is a powder metal part manufacturer based in the Istanbul Ataturk Free Trade Zone, Turkey.  With sales in 2016 of €24 million, … Read the full press release

Companies Missing Their Pension Deadlines continue to Rise in UK

LONDON, 19-Apr-2017 — /EuropaWire/ — In Q1 2017: 1 in 6 businesses (16%) applied to Aviva for a workplace pension after their staging date had passed – up from 14% in the previous quarter A quarter of companies (25%) are … Read the full press release

Collaboration Between Nokia and University of Technology Sydney to Focus on Digital Transformation in Australia

Broad collaboration will focus on advanced engineering projects to help operators and enterprises unlock potential of IoT Nokia to work with UTS: Rapido connecting industries with high-end research tied to real-world challenges Nokia to provide IP routing, optical, fixed, 4G … Read the full press release

Capgemini To Acquire the North American Business of Ciber Inc for a total price of $50M

Paris and Denver, Colorado, U.S.A., 17-Apr-2017 — /EuropaWire/ — Capgemini and Ciber Inc. (“Ciber”) today announced that they have entered into an agreement pursuant to which Capgemini will acquire the North American operations of Ciber, for a total price of $50 … Read the full press release

Ship Management Activities to be handled by Leonhardt & Blumberg and Buss Shipping Merger

The Hamburg based Leonhardt & Blumberg Reederei GmbH & Co. KG and Buss Shipping GmbH & Co. KG are pleased to announce that they have agreed to merge their ship management activities. HAMBURG, 14-Apr-2017 — /EuropaWire/ — The joint managed fleet … Read the full press release

GSK will make change to its financial reporting from Q1 2017

LONDON, 12-Apr-2017 — /EuropaWire/ — GSK keeps its financial reporting framework under regular review to ensure that it remains current and in line with both the latest regulatory requirements and developing best practice within the Pharmaceutical industry. As a result of … Read the full press release

Safran completes sale of Morpho Detection LLC to Smiths Group plc.

PARIS, 11-Apr-2017 — /EuropaWire/ — Safran (Euronext Paris: SAF) announces the completion of the sale of Morpho Detection LLC, a US-based subsidiary of Safran, and other detection-related activities to Smiths Group plc. As announced on April 21, 2016, Safran will record … Read the full press release

Wärtsilä to provide ship owners and operators assistance concerning Ballast Water Management Systems

HELSINKI, 11-Apr-2017 — /EuropaWire/ — The technology group Wärtsilä is in the process of signing agreements with a number of major shipyards, the latest being Keppel Shipyard Ltd (KSL) of Singapore. The agreements are intended to establish cooperation and communication between … Read the full press release

TGSL Group now part of Open GI Group

Open GI today announces that it has made a significant strategic acquisition of Transactor Global Solutions Ltd., (TGSL Group) valued at £40m.   WORCESTER, 10-Apr-2017 — /EuropaWire/ — TGSL Group, established in 2003, offers one of the most advanced and innovative … Read the full press release

SITA and Airbus join forces to provide the most advanced cyber security solution for the air transport industry

New offer to allow immediate detection and remedial action DUBAI, U.A.E., 07-Apr-2017 — /EuropaWire/ — Airbus and SITA have launched new Security Operations Center Services customized for the specific needs of the air transport industry. These new incident detection services will … Read the full press release

Lloyd’s Register supports its strategy to build a marine and offshore Industry 4.0 with investment in ship management software provider

LONDON, 06-Apr-2017 — /EuropaWire/ — We have made a significant investment in Hamburg-based ship management software provider Hanseaticsoft. Hanseaticsoft provides modern fleet management software solutions to optimise workflows in shipping companies, offering new perspectives on processes and increasing business performance. Clients … Read the full press release

Siemens Healthineers Supervisory Board extends contracts of management team

Supervisory Board of Siemens Healthineers extends contracts of three top managers Bernd Montag, Thomas Rathmann and Michael Reitermann Positions extended for five years as of April 1, 2017 Move ensures Executive Management’s long-term continuity and stability MUNICH, 04-Apr-2017 — /EuropaWire/ … Read the full press release

New funding for pulses and rice producer boosts agribusiness in Turkey

Family business looks to new markets LONDON, 03-Apr-2017 — /EuropaWire/ — In a new boost to agribusiness in Turkey, the EBRD is providing a €20 million loan to Yayla Agro, a family-owned producer of pulses and rice in Turkey. An ambitious … Read the full press release

Ekokem’s brand will be changed to Fortum

ESPOO, 03-Apr-2017 — /EuropaWire/ — Fortum and Ekokem teamed up in 2016 to form a major Nordic circular economy company. Following the successful integration of Ekokem’s operations, Ekokem will now also become Fortum. Ekokem’s brand will be changed to Fortum from … Read the full press release

LEGO Group inaugurates its new Shanghai main office

Shanghai, China, 30-Mar-2017 — /EuropaWire/ — To support the strong growth in China and make room for attracting more talents to the company, the LEGO Group inaugurated its new main office for China in Shanghai today. The LEGO Shanghai main office … Read the full press release

Ericsson announces simplified organizational structure and appointments to Executive Team

Simplified organizational structure and appointments to Executive Team will help drive execution of company strategy New Business Areas, Market Areas and Executive Team effective April 1, 2017 STOCKHOLM, 28-Mar-2017 — /EuropaWire/ — In line with the business strategy announced today, Ericsson … Read the full press release

The University of Birmingham announces the appointment of Professor Catherine Cassell as Dean of Birmingham Business School

BIRMINGHAM, 27-Mar-2017 — /EuropaWire/ — When she arrives on 1 September, Professor Cassell will be the first woman to lead Birmingham Business School in its history of over a century. Professor Cassell will be joining one of only a handful of … Read the full press release

Papyrus Group announces investment in new logistical hub in Cologne, Germany

Mölndal, Sweden, 23-Mar-2017 — /EuropaWire/ — Papyrus Group (Papyrus), a Triton Fund II and Altor Fund II company, has announced its plan to invest in a new logistical hub in Cologne, Germany. This investment will optimise Papyrus’ logistical infrastructure and improve … Read the full press release

Vodafone India and Idea Merge to Create India’s Largest Telecoms operator

LONDON, UK / MUMBAI, India, 21-Mar-2017 — /EuropaWire/ — Vodafone to combine its subsidiary Vodafone India (excluding its 42% stake in Indus Towers) with Idea, which is listed on the Indian Stock Exchanges. Highly complementary combination will create India’s largest … Read the full press release

ENGIE reaffirms commitment to play a leading role in development of green finance with issuance of its second Green Bond of €1,5 billion

La Défense, France, 17-Mar-2017 — /EuropaWire/ — To support its ambitious development strategy in renewable energies and energy efficiency, ENGIE issued its second Green Bond of €1,5 billion. The Group reaffirms its commitment and determination to play a leading role in … Read the full press release

ENGIE announces the acquisition of EV-Box, world’s leading electric vehicle charging services providers

ENGIE announces the acquisition of EV-Box. The Netherlands-based company is one of the world’s leading electric vehicle charging services providers with over 40,000 charging stations in service. La Défense, France, 17-Mar-2017 — /EuropaWire/ — Electric mobility: a global fast-growing clean energy … Read the full press release

BroadSource Launches EMU SaaS in Europe

An array of ‘every day use cases’ to better manage BroadWorks ™ powered Cloud UC platforms LONDON, 17-Mar-2017 — /EuropaWire/ — BroadSource Europe Ltd, a specialist global software development and telecommunications engineering company, today announced the launch of EMU SaaS … Read the full press release

EBRD gives an overview of its climate resilience investment activities

LONDON, 15-Mar-2017 — /EuropaWire/ — The world is changing – 2016 was the hottest year on record, setting a new high for the third year in a row. In the same year, carbon dioxide levels officially passed the symbolic 400 ppm … Read the full press release

EBRD supports DIY retail chain OMA to open up to nine new stores across Belarus by the end of 2019

Project to promote cross-border cooperation and business expansion LONDON, 15-Mar-2017 — /EuropaWire/ — Belarusian customers will benefit from the expansion of the leading domestic DIY retail chain OMA supported by the EBRD. The European Bank for Reconstruction and Development (EBRD) is … Read the full press release

EBRD on talks with Uzbekistan government on ways of increasing its engagement in the country

Discussions with government on ways to increase EBRD engagement in the country LONDON, 15-Mar-2017 — /EuropaWire/ — An EBRD delegation, headed by President Suma Chakrabarti, will visit Uzbekistan on 15-17 March 2017. The visit will include high-level meetings with the authorities … Read the full press release

Evonik acquires cosmetics specialist Dr. Straetmans GmbH of Hamburg, Germany

Evonik continues to expand its position as one of the leading partners to the cosmetics industry Acquisition allows offering complete formulation solutions Hamburg site to become a global competence center for preservative solutions ESSEN/HAMBURG, 13-Mar-2017 — /EuropaWire/ — Evonik will acquire … Read the full press release

Proactive Sales Territory Optimization Key to Success, GfK Study Shows

Current sales management trends and practices BRUCHSAL, 10-Mar-2017 — /EuropaWire/ — GfK recently researched planning practices among German companies with outside sales forces. The resulting study demonstrates that the complexity, speed of change and diversity of tasks in sales have further … Read the full press release

El Sewedy Cement Awards Plant Order to FLSmidth

FLSmidth to deliver cement production line to El Sewedy Cement Company in Egypt COPENHAGEN, 09-Mar-2017 — /EuropaWire/ — FLSmidth has been awarded an order from El Sewedy Cement Company for engineering, procurement and supply of equipment for the expansion of a … Read the full press release

Husqvarna Group Acquires HTC To Achieve Growth in the Construction Division

Husqvarna Group’s Construction Division has signed an agreement to acquire the Floor Grinding Solutions Division of HTC Group AB, the market leader in floor grinding solutions. STOCKHOLM, 08-Mar-2017 — /EuropaWire/ — “We have previously communicated the ambition to grow our Construction … Read the full press release