Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Shell completes sale of its Australian aviation business to Viva Energy Australia for approximately US$ 250 million

THE HAGUE, 01-Jun-2017 — /EuropaWire/ — Following regulatory approval, Shell has completed the sale of its Australian aviation business (“Shell Aviation Australia Pty Ltd”) to Viva Energy Australia Pty Ltd (“Viva Energy”) for a total transaction value of approximately US$ 250 … Read the full press release

Tikehau IM finances Portobello Capital’s acquisition of Centauro Rent a Car

MADRID, 31-May-2017 — /EuropaWire/ — Tikehau IM, a leading pan European asset manager and subsidiary of Tikehau Capital, today announced its fourth debt financing transaction in Spain with the arrangement of a Unitranche in support of Portobello Capital’s acquisition of Centauro … Read the full press release

Symrise AG acquires largest fruit and vegetable juices supplier in Great Britain Cobell Limited

Cobell as number one supplier for juices in Great Britain ideally complements Symrise’s activities Symrise to increase customer proximity in the British beverage market segment Cobell and Symrise to become the leading single source for beverage ingredients and formulations Holzminden, … Read the full press release

Fraunhofer-Gesellschaft: 25 years of success in the new federal states

MUNICH, 30-May-2017 — /EuropaWire/ — No research organization has made its contribution to German reunification as quickly and intensively as has the Fraunhofer-Gesellschaft. For more than a quarter of a century, Fraunhofer has been an innovative research partner, a future-oriented employer … Read the full press release

SGS launches Zero Discharge Holistic Solution to support textile, footwear brands and retailers towards environmentally responsible production

SGS is pleased to launch its Zero Discharge Holistic Solution, using an assertive approach supported by a diverse range of technical solutions to assist textile and footwear brands and retailers to move a step closer to their zero discharge goal. … Read the full press release

Consumers Demand Benevolent Capitalism

Live online seminar tackles topic of capitalism and the new consumer Houston, USA, 26-May-2017 — /EuropaWire/ — Business innovator, Gary Douglas warns, “You cannot afford to ignore the demand for benevolent business.” International speaker and vocal advocate of Benevolent Capitalism, … Read the full press release

NORMA Group to pay EUR 0.95 per share dividend

Maintal/Frankfurt am Main, Germany, 24-May-2017 — /EuropaWire/ — The shareholders of NORMA Group, a global market leader in engineered joining technology, have approved a dividend of EUR 0.95 per share (2015: EUR 0.90) by a large majority. This was the result … Read the full press release

New study: operating ethically in a corrupt environment can be an opportunity for businesses to build a unique reputation

DEVON, 17-May-2017 — /EuropaWire/ — Ethical business practice can flourish even in countries with widespread corporate corruption problems, research shows. Investors and the public are more willing to support and pay for ethical goods and business trading in places where it … Read the full press release

Destatis: employment in manufacturing up 1.1% in March 2017 vs the same month last year

WIESBADEN, 16-May-2017 — /EuropaWire/ — At the end of March 2017, 5.4 million people worked in local units of manufacturing with 50 or more persons employed in Germany. As reported by the Federal Statistical Office (Destatis) on the basis of provisional results, … Read the full press release

LLOYDS BANK PMI: Business activity in April grew at its fastest rate across England in 2017 so far

Business activity growth gains momentum for second month running Job creation revives as  new orders surge Businesses raise prices charged at fastest rate in nearly nine years West Midlands is top-performing region, recording fastest growth in output and employment LONDON, … Read the full press release

Aurubis H1 FY 2016/17: operating EBT of EUR 118 million

Half-year result of € 118 million meets expectations Earnings forecast for the entire fiscal year 2016/17 is confirmed Efficiency improvement program is launched Aurubis’ strategy for Vision 2025 will be presented at the end of the 2017 calendar year HAMBURG, 15-May-2017 … Read the full press release

Airbus launches new commercial drone startup named Airbus Aerial

Launches U.S. base and business, headquartered in Atlanta, Georgia Starts operations with imagery services fusing drones, satellite images and software to bring deeper insights to commercial customers Appoints Jesse Kallman as President Airbus Aerial U.S. Dallas, Texas, U.S.A., 12-May-2017 — … Read the full press release

Newcastle University won Business/Industry Collaboration of the Year at the Educate North awards

NEWCASTLE, 12-May-2017 — /EuropaWire/ — Newcastle University has won Business/Industry Collaboration of the Year at the Educate North awards for its innovative partnership with Northumbrian Water. Best practice and excellence The Educate North Awards celebrate best practice and excellence in the … Read the full press release

Ericsson expands its treasury stock for the Long-Term Variable Compensation Program (LTV) 2017 for Ericsson’s executive team

STOCKHOLM, 05-May-2017 — /EuropaWire/ — In accordance with the resolution by the Annual General Meeting 2017, Ericsson (NASDAQ:ERIC) expands its treasury stock in order to provide shares for the Long-Term Variable Compensation Program (LTV) 2017 for Ericsson’s executive team. The Board … Read the full press release

KfW-ifo SME Barometer: the business climate in Germany during April at the record level of 24.9 balance points

Improved business situation and expectations drive SME business climate to record level Large enterprises are much more satisfied with their present business situation but less optimistic Economic outlook for Germany continues to brighten Frankfurt am Main, 05-May-2017 — /EuropaWire/ — … Read the full press release

ArcelorMittal Q1 2017 Ebitda sell-side analysts’ consensus figure

LUXEMBOURG, 04-May-2017 — /EuropaWire/ — ArcelorMittal has today announced the publication of first quarter 2017 Ebitda sell-side analysts’ consensus figure. The consensus figures are based on analysts’ estimates recorded on an external web-based tool provided and managed by an independent … Read the full press release

US Innovation Studio Deeplocal Gets Acquired By WPP

LONDON, 01-May-2017 — /EuropaWire/ — WPP Digital, the digital investment arm of WPP, announces that it has acquired Deeplocal, Inc., (“Deeplocal”) an innovation studio focused on product invention, design, and engineering for clients’ marketing campaigns in the US. Deeplocal’s gross revenues … Read the full press release

Consortium of investors to acquire 100% of EDP’s gas distribution subsidiary in Spain

LISBON, 28-Apr-2017 — /EuropaWire/ — Pursuant to the terms and for the purposes of the article 17 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council and of article 248 of the Portuguese Securities code, EDP – … Read the full press release

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