Daily Archives: 18, July 2013

EU and US offshore regulators call on Oil and Gas Companies to Raise Global Safety Standards

18-7-2013 — /europawire.eu/ — Just days before European rules on offshore safety for European companies abroad enter into force, and just a few months before additional requirements for companies operating in US waters take effect, the European Commissioner for energy, Guenther … Read the full press release

Kering completed Italian jewelry group Pomellato acquisition

18-7-2013 — /europawire.eu/ — Kering announced today that it has completed the acquisition of a majority stake in the Pomellato group, in accordance with the terms announced on 24 April, 2013, after having received clearance from the antitrust authorities. About Kering … Read the full press release

Greece referred to European Court of Justice for failure to recover incompatible aid

18-7-2013 — /europawire.eu/ — The European Commission has referred Greece to the European Court of Justice (ECJ) for failing to comply with two distinct Commission decisions that ordered Greece to recover incompatible state aid from three Greek casinos (see IP/11/635) and from … Read the full press release

The European Commission decisions on German support schemes in favour of energy-intensive industries

18-7-2013 — /europawire.eu/ — The European Commission has adopted two separate decisions on German support schemes in favour of energy-intensive industries. Firstly, the Commission has concluded that a scheme compensating energy-intensive users for CO2 costs in their electricity price as of … Read the full press release

Kering – YOOX joint venture stores successfully launched

Paris – Milan, 18-7-2013 — /europawire.eu/ — The online stores of all the six brands included in the joint venture established in August 2012 by Kering (then PPR) and YOOX were successfully launched by 30 June 2013, marking the first important … Read the full press release

The Praha 1 District Court judgment in favour of Komerční banka over mortgage loan administration bank fees case

Prague, 18-7-2013 — /europawire.eu/ — The Praha 1 District Court delivered yesterday its judgment in favour of Komerční banka in the case of a client demanding refund of the bank fees charged for mortgage loan administration. Within a short span of time, this … Read the full press release

Komerční banka’s Jistota Foundation helped over 50 health and social projects in 2012

Prague, 18-7-2013 — /europawire.eu/ — Last year, Komerční banka’s Jistota Foundation provided 56 gifts, which were worth more than CZK 7.5 million. In line with the Foundation’s mission, the gifts were mainly routed into projects of a health or social nature. Foundation … Read the full press release

Cassa depositi e prestiti, SACE, BNPP AND HSBC to provide € 300M loan to South African energy public utility company Eskom Holdings SOC Limited

The credit line will be used for the construction of underground works related to the pump storage power plant of Ingula Rome, 18-7-2013 — /europawire.eu/ — Cassa depositi e prestiti (CDP), SACE, BNP Paribas Corporate and Investment Banking and HSBC Bank … Read the full press release

Michelin’s EFFIFUEL™ aimed at reducing fuel consumption for truck fleet managers across Europe

18-7-2013 — /europawire.eu/ — Michelin’s market launch of Michelin solutions in May 2013 is the result of a long change process underpinned by two deep-seated trends: Business customers – vehicle fleet managers – are confronted with a highly competitive environment and … Read the full press release

Michelin announces it will license free of charge any of its patents that would overlap with the adoption of RFID standards

18-7-2013 — /europawire.eu/ — Reliable identification of tires with embedded RFID1 technology already has shown how it can improve tire tracking throughout its life cycle. Michelin group has been an internationally recognized leader for creating and fostering harmonized international standards for Tire RFID1. … Read the full press release

KfW and Cassa Depositi e Prestiti cooperate on export finance, strategic controlling and municipal finance

Main areas: export finance, strategic controlling and municipal finance Agreement on staff exchanges  18-7-2013 — /europawire.eu/ — Today (2013-07-11) Franco Bassanini, Chairman, and Giovanni Gorno Tempini, Chief Executive Officer at Italy’s Cassa Depositi e Prestiti (CDP), and Dr Ulrich Schröder, Chief … Read the full press release

Egis signed with Gebze-İzmir motorway concessionaire OTOYOL AS for its operation and maintenance

18-7-2013 — /europawire.eu/ — Le 24 juin 2013, Egis a signé un contrat pour l’exploitation et la maintenance de l’autoroute Gebze-Izmir en Turquie avec OTOYOL, le concessionnaire désigné par la Direction Générale des Autoroutes de Turquie (« KGM »). Ce nouveau … Read the full press release

FBI’s Next Generation Identification system integrated by Lockheed Martin incorporates Morpho’s latest algorithms to process and match latent finger and palm prints

Alexandria, Va., 18-7-2013 — /europawire.eu/ — FBI’s Next Generation Identification (NGI) system improvements that became operational in May include a threefold increase in latent fingerprint search accuracy and create the first nationwide palm print identification system thanks to biometric technology developed by Morpho … Read the full press release

Claude Poulain elected Chairman and CEO of French-Russian joint venture PowerJet

Evry-Courcouronnes, France, 18-7-2013 — /europawire.eu/ — Claude Poulain is the new Chairman and CEO of PowerJet, decision made by the board of directors who met on July 8th at Snecma’s headquarters (Safran). He replaces Jacques Desclaux who is taking up other duties. … Read the full press release

Safran’s high-technology company Morpho to supply automated biometric identification systems to INTERPOL

LYON, France, 18-7-2013 — /europawire.eu/ — A partnership agreement will see Morpho (Safran) provide INTERPOL with a range of innovative biometric solutions and other technical support to enhance global security. The partnership covers the supply of automated biometric identification systems to INTERPOL, … Read the full press release

German KfW and Russian state Vnesheconombank to cooperate on environmental finance

Signed memorandum of understanding on cooperation in environmental finance Cooperation between two partner banks of the International Development Finance Club (IDFC)  18-7-2013 — /europawire.eu/ — Today KfW and the Russian state corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank, VEB) … Read the full press release

Pegasus Airlines has selected CFM International’s advanced LEAP-1A engine to power its new fleet of 75 firm, 25 option A320neo/A321neo aircraft

Deliveries set to begin in 2016 WEST CHESTER, Ohio, 18-7-2013 — /europawire.eu/ — Pegasus Airlines has selected CFM International’s advanced LEAP-1A engine to power its new fleet of 75 firm, 25 option A320neo/A321neo aircraft. The airplane order was announced in December … Read the full press release

Egis was head engineer for the construction of the newly opened landing port at Carabane, Senegal

18-7-2013 — /europawire.eu/ — On Saturday 6 July 2013, Senegal inaugurated the new landing port at Carabane. Plansto relaunch the Dakar – Ziguinchor sea route started up after the September 2002 disaster of the sinking of MV Le Joola. The former … Read the full press release

Chantal Grésillion appointed VP, Continuous Improvement at Turbomeca

18-7-2013 — /europawire.eu/ — As from 1st July, Chantal Grésillion has been appointed VP, Continuous Improvement. Chantal Grésillion (55 years old), a graduate of ENSMA (Graduate School for Aeronautical and Mechanical Engineering), began her career in 1982 with Dassault Aviation within their Structures … Read the full press release

Japan financial services group ORIX Corporation and Rabobank announce Robeco Groep N.V. acquisition completed

18-7-2013 — /europawire.eu/ — ORIX Corporation (ORIX), Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A., (Rabobank) and Robeco Groep N.V. (Robeco) announce, further to the press release dated February 19th[1], 2013 and earlier than expected, that the acquisition of Robeco by ORIX has been completed. … Read the full press release