Daily Archives: 16, July 2013

EC’s proposal to ban the use of the posing an acute risk to Europe’s honey bee population Fipronil insecticide backed by Member State experts

16-7-2013 — /europawire.eu/ — A Commission proposal to restrict the use of Fipronil, an insecticide which has recently been identified as posing an acute risk to Europe’s honey bee population, was backed by Member State experts meeting today in the Standing … Read the full press release

EU Court of Justice’s Advocate General Jääskinen issued opinion in Case C-262/12 Vent de Colère and Others

The financial burden arising from the obligation to purchase the electricity generated by wind turbines at more than the market price applies to all electricity consumers in France 16-7-2013 — /europawire.eu/ — According to EU law, as interpreted by the Court … Read the full press release

EU Ombudsman concludes EC did not exceed its powers by hosting photo exhibition on same-sex couples

16-7-2013 — /europawire.eu/ — According to the European Ombudsman, P. Nikiforos Diamandouros, the European Commission did not exceed its powers by hosting a photo exhibition on same-sex couples. He advised the Commission, however, to make it clearer in future exhibitions that it does … Read the full press release

European Central Bank card fraud report reveals declining trend since 2007

16-7-2013 — /europawire.eu/ — Card fraud has been on a declining trend since 2007, thanks to technological advances that are making transactions safer. This is the main conclusion of the second report on card fraud published today by the European Central … Read the full press release

EBRD President Sir Suma Chakrabarti on his first official visit to Georgia

16-7-2013 — /europawire.eu/ — The President of the European Bank for Reconstruction and Development (EBRD), Sir Suma Chakrabarti, makes his first official visit to Georgia on 16 July, during a tour of South Caucasus countries. During the three-day visit Sir Suma … Read the full press release

New members of the Board of Directors at European Investment Bank

16-7-2013 — /europawire.eu/ — By letter dated 17 June 2013, the Republic of Malta nominated, by common accord with the Republic of Bulgaria, the Czech Republic, the Republic of Cyprus, Hungary, the Republic of Poland, the Republic of Slovenia and the … Read the full press release

Helaba strengthen its syndication business for real estate loans

16-7-2013 — /europawire.eu/ — Helaba is strengthening its syndication activities in real estate finance with Norbert Kellner who, together with Wolfgang Hild in Frankfurt, has been in charge of syndication and placement for the bank’s real estate finance activities since 1 … Read the full press release

Deutsche Hypo, Deutsche Pfandbriefbank und Helaba finanzieren Leipziger Shopping-Center ‘Höfe am Brühl’

Finanzierungsvolumen beläuft sich auf 170 Mio. Euro 16-7-2013 — /europawire.eu/ — Die Deutsche Hypothekenbank, die Deutsche Pfandbriefbank (pbb) und die Helaba übernehmen gemeinsam die Finanzierung des Shopping-Centers ‚Höfe am Brühl‘ in Leipzig. Darlehensnehmerin ist ein Unternehmen der mfi Management für Immobilien … Read the full press release

AstraZeneca, University of Cambridge and Cancer Research UK partner on 3 pre-clinical and clinical oncology projects

16-7-2013 — /europawire.eu/ — AstraZeneca today announced that it has entered into an agreement with the University of Cambridge and Cancer Research UK for a two-year collaboration on three pre-clinical and clinical oncology projects. This agreement with world-leading medical research institutions … Read the full press release

BG Group names Simon Lowth its new Chief Financial Officer and Executive Director

16-7-2013 — /europawire.eu/ — BG Group today announced that, with effect from November 2013, Simon Lowth has been appointed as Chief Financial Officer (CFO) and as an Executive Director. The effective date of the appointments remains to be confirmed and will … Read the full press release

SEB AG arrangiert ihr erstes immobilienbesichertes Schuldscheindarlehen

16-7-2013 — /europawire.eu/ — Mit einem immobiliengesicherten Schuldscheindarlehen refinanziert die SEB AG für den britischen Immobilienfondsmanager Rockspring den Kauf eines Fachmarktzentrums in Leipzig. Rockspring Property Investment Managers LLP erwarb im Jahr 2011 für den TransEuropean Property V Fund das Löwen Center … Read the full press release

Tristan Capital Partners advised CCPIII Fund acquired Grade-A office complex in Warsaw’s Mokotow Business District

16-7-2013 — /europawire.eu/ — The CCPIII core plus real estate fund advised by Tristan Capital Partners has agreed to acquire a Grade-A office complex in Warsaw’s Mokotow Business District from Ghelamco Group for a net €121 million. The 43,744 square-metre Nova … Read the full press release

VINCI appeals the Administrative Tribunal’s decisions to revoke building permits of University of Paris VII (Diderot) buildings

Rueil-Malmaison,  16-7-2013 — /europawire.eu/ — On 2 July, the Paris Administrative Tribunal revoked the building permits of two of the four University of Paris VII (Diderot) buildings built by VINCI under a partnership agreement. As a partner of the public authorities, … Read the full press release

pbb Deutsche Pfandbriefbank and Pembroke Real Estate signed £38.5 loan agreement to fund the acquisition of One Grafton Street, London

Munich/London, 16-7-2013 — /europawire.eu/ — pbb Deutsche Pfandbriefbank provided a £38.5 million facility to Pembroke Real Estate. The loan allows Pembroke to refinance the acquisition of One Grafton Street, London, which completed in February 2013. The loan agreement closed in June 2013. … Read the full press release

AstraZeneca Chief Financial Officer (CFO) and Executive Director Simon Lowth to leave the company at the end of October 2013

16-7-2013 — /europawire.eu/ — AstraZeneca today announced that Simon Lowth, Chief Financial Officer (CFO) and Executive Director, will leave the company at the end of October, after the reporting of third quarter results. Simon has been appointed CFO for the BG … Read the full press release

Luis Palazzi becomes area director for the Americas at VINCI Concessions

16-7-2013 — /europawire.eu/ — Luis Palazzi is joining VINCI Concessions as area director for the Americas. Mr. Palazzi will have responsibility for business development in North and South America for VINCI Concessions, one of the largest construction and concessions companies in … Read the full press release

VINCI announced it acquired 4,643,968 shares of Aéroports de Paris (ADP) representing 4.7% of ADP’s capital

16-7-2013 — /europawire.eu/ — Within the framework of the partial sale of the holdings of the French state and the French Strategic Investment Fund (Fonds Stratégique d’Investissement), VINCI acquires 4,643,968 shares of Aéroports de Paris (ADP) representing 4.7% of ADP’s capital. … Read the full press release

Fundación IBERDROLA to help Prado Museum replace its lighting system with LED lights

Fundación IBERDROLA becomes Benefactor to the Prado Museum The ‘Lighting the Prado’ project will take four years to complete, with LED lights being installed in every room at the art gallery The initiative was announced to coincide with the presentation … Read the full press release

EU offshore wind update: 277 new offshore wind turbines (1,045MW) fully grid connected in Europe during H1 2013

277 new offshore wind turbines, totalling 1,045 megawatts (MW), were fully grid connected in Europe during the first six months of 2013. This is double compared to the same period in 2012 when 523.2 MW were installed. In addition, 268 … Read the full press release

HSH Nordbank and pbb Deutsche Pfandbriefbank provide syndicated finance to Atlas Tower GmbH & Co. KG to develop the UPPER WEST building complex in Berlin

Hamburg/Kiel, 16-7-2013 — /europawire.eu/ — HSH Nordbank and pbb Deutsche Pfandbriefbank are providing syndicated finance for Atlas Tower GmbH & Co. KG, a subsidiary of the project developer STRABAG Real Estate GmbH (SRE), to develop the UPPER WEST building complex project in … Read the full press release

Global luxury brand Burberry plc announced Q1 2013 trading update and interim management statement

16-7-2013 — /europawire.eu/ — Highlights for the three months to 30 June 2013 Retail revenue £339m, up 18% underlying Comparable store sales up 13%, in line with our expectations for the quarter- Driven by exceptional performance of Spring/Summer 2013 fashion – … Read the full press release

pbb Deutsche Pfandbriefbank lends € 120 million to EPISO 3 fund for the acqusition of 5 shopping centres in Poland

Munich/London/Warsaw, 16-7-2013 — /europawire.eu/ — pbb Deutsche Pfandbriefbank has agreed a € 120 million medium-term acquisition facility for the EPISO 3 fund, advised by Tristan Capital Partners. The proceeds will be used to acquire a portfolio of five shopping centres in … Read the full press release

ThyssenKrupp inaugurated Europe’s first multi-purpose fermentation plant for the continuous production of bio-based chemicals

Focus on processes for production of biodegradable plastics 16-7-2013 — /europawire.eu/ — Europe’s first multi-purpose fermentation plant for the continuous production of bio-based chemicals is being inaugurated in Leuna, Saxony-Anhalt/Germany today. Built at a cost of around 20 million euros, the … Read the full press release

ThyssenKrupp Elevator to supply 191 elevators and 155 escalators for the new tunnel between Europe and Asia the “Marmaray” project Turkey

Dynamic infrastructure development in the mega-city of Istanbul – ThyssenKrupp Elevator wins major infrastructure contract in Turkey 16-7-2013 — /europawire.eu/ — It is the realization of a long-held urban vision and a mammoth project: In the 14 million population metropolis of … Read the full press release

Ecolaire España construirá en México una planta de hidrógeno para Pemex Refinación

16-7-2013 — /europawire.eu/ — Ecolaire España, responsable de las operaciones en el área de Oil & Gas de la División Industrial de Obrascón Huarte Lain, lidera el consorcio que ha resultado adjudicatario por Pemex Refinación de un contrato EPC (Engineering, Procurement, … Read the full press release

Europe’s largest home improvement retailer Kingfisher plc confirmed French tax case settled in Kingfisher’s favour

16-7-2013 — /europawire.eu/ — Kingfisher plc, Europe’s largest home improvement retailer, today confirms that the Conseil d’Etat, France’s ultimate court, has considered an outstanding tax case dating back to 2003 and found in Kingfisher’s favour. There is no impact on Kingfisher’s … Read the full press release

Moody’s rating agency reaffirmed HSH Nordbank investment grade with stable outlook

Hamburg/Kiel, 16-7-2013 — /europawire.eu/ — Moody’s rating agency today set the long-term rating for HSH Nordbank at “Baa3” and the short-term rating at “Prime-3”, in each case with a stable outlook. This means that Moody’s has lowered the long-term and short-term rating … Read the full press release

50th International Paris Air Show 2013 detailed report on exhibitors, visitors and delegations

16-7-2013 — /europawire.eu/ — Report on the 50th International Paris Air Show 17-23 June 2013. Exhibitors: 2 215 exhibitors (4.8% up on 2011) from 44 countries 52 000 m² of stands 340 chalets amounting to 37 000 m² of covered surface 43 … Read the full press release

UK CAA informed by EASA for the suspension of pilot training approval of Euro American School of Aviation in Florida

16-7-2013 — /europawire.eu/ — The UK Civil Aviation Authority (CAA) has been informed by the European Aviation Safety Agency (EASA) that it suspended the pilot training approval of Euro American School of Aviation, based in Florida, (UK/FTO-226) on the 19 April … Read the full press release

Uljanik shipyard: Keel for yard 501 laid

16-7-2013 — /europawire.eu/ — On Slipway No.2 of Uljanik island the keel for yard 501 was laid on 4th July 2013. This is the first of two contracted ferries (RO-PAX) designed for the transportation of passengers, trucks and other vehicles in … Read the full press release