Daily Archives: 2, September 2013

The European Stability Mechanism to launch its inaugural long-term bond issue in October, 2013

Luxembourg, 02-9-2013 — /EuropaWire/ — The European Stability Mechanism (ESM) will launch its inaugural long-term bond issue in October, subject to market conditions. Investor marketing activities are currently being held in preparation for this inaugural bond. The ESM successfully started its bill … Read the full press release

Pernod Ricard reports solid performance in 2012/13 during less favourable macro-economic environment

02-9-2013 — /EuropaWire/ — In 2012/13, Pernod Ricard delivered asolid performance within, as anticipated, a less favourable environment than in 2011/12: Organic growth in profit from recurring operations was 6%(1), in line with the stated guidance. Emerging markets(2) maintained double-digit growth(1) (+10%) despite a slowdown in the … Read the full press release

The EXOR Group reports €1,671.8 million consolidated profit in 1st Half 2013 Results

Turin, Italy, 02-9-2013 — /EuropaWire/ — The EXOR board of directors’ meeting, chaired by John Elkann, met today in Turin and approved the consolidated results for first half of 2013. At June 30, 2013 EXOR’s Net Asset Value (NAV) is €8,533 million. This … Read the full press release

Vodafone confirms discussions with Verizon Communications Inc. regarding the disposal of Vodafone’s US group for $130 billion

02-9-2013 — /EuropaWire/ — Vodafone confirms that it is in advanced discussions with Verizon Communications Inc. regarding the disposal of Vodafone’s US group whose principal asset is its 45% interest in Verizon Wireless for US$130 billion. The consideration would substantially comprise a … Read the full press release

Prudential research finds one in four retired UK homeowners hope to raise £62,000 by moving into a smaller home

• One in four retired homeowners hope to raise £62,000 by moving into a smaller home • Convenience, raising money and cutting bills are the top three reasons for downsizing 02-9-2013 — /EuropaWire/ — Nearly three quarters (73 per cent) of the … Read the full press release

The European Central Bank to double share of women in management by end of 2019

02-9-2013 — /EuropaWire/ — The Executive Board of the European Central Bank (ECB) has decided to introduce gender targets with the aim of doubling the share of women in management. By end of 2019, 35% of middle management positions (Heads of Division, … Read the full press release

Croatia and France help Portugal fight forest fires through the EU Civil Protection Mechanism

02-9-2013 — /EuropaWire/ — The European Commission is supporting efforts to tackle a number of forest fires raging in northern and central Portugal. In response to a request for assistance by authorities in Lisbon, the European Commission’s Emergency Response Centre (ERC) is facilitating … Read the full press release

László Baranyay appointed Member of the Management Committee at EIB

02-9-2013 — /EuropaWire/ — On the basis of a nomination from Hungary, by common accord with the Republic of Bulgaria, the Czech Republic, the Republic of Croatia, the Republic of Cyprus, the Republic of Malta, the Republic of Poland, the Republic of … Read the full press release

Stabilisation and Association Agreement (SAA) between the European Union and Serbia enters into force

02-9-2013 — /EuropaWire/ — Serbia is making one more step forward on its way to the EU membership. On 1 September the Stabilisation and Association Agreement (SAA) between the European Union and Serbia enters into force, bringing concrete benefits in trade relations … Read the full press release

BMW Group announced its new BMW X5 is due to arrive in the showrooms on 16 November 2013

Munich, 02-9-2013 — /EuropaWire/ — The new BMW X5 is due to arrive in the showrooms on 16 November 2013. The launch of this third generation of the most successful Sports Activity Vehicle in the world will also introduce the BMW M50d M Performance Automobile. … Read the full press release

Prudential plc Disclosure of Effective Date of Board Change

02-9-2013 — /EuropaWire/ — The Board of Prudential plc is pleased to confirm that the appointment of Jackie Hunt as an executive director and Chief Executive, Prudential UK & Europe, will be effective from 5 September 2013. Rob Devey will stand down … Read the full press release

New BMW and BMW i models to debut at the world’s most important car show the International Motor Show (IAA) 2013 in Frankfurt am Main, Germany

Munich, 02-9-2013 — /EuropaWire/ — The present and future of driving pleasure converge in the new models presented by the BMW and BMW i brands at the International Motor Show (IAA) 2013 in Frankfurt am Main. One of the highlights of the world’s most … Read the full press release

Leading Turkish producer of clothing fabrics and yarn Kivanc Tekstil received €3.7M loan from EBRD

02-9-2013 — /EuropaWire/ — The European Bank for Reconstruction and Development continues to boost Turkey’s Anatolian regions, making a €3.7 million loan to Kivanc Tekstil, a leading producer of clothing fabrics and yarn based in Adana. Kivanc Tekstil, 100 per cent owned and … Read the full press release

United Internet AG agreed with Arsys Internet S.L. owners, Carlyle Group and Mercapital for the acquisition of Spanish webhosting and cloud specialist Arsys

Montabaur, 02-9-2013 — /EuropaWire/ — United Internet AG continues to drive the internationalization of its webhosting and cloud computing business. As the company announced today, United Internet has agreed a deal with the owners of Arsys Internet S.L. (C\Chile 54, 26007 Logroño, Spain), … Read the full press release

EU High Representative Catherine Ashton’s statement on the situation in North Kivu, Democratic Republic of the Congo

02-9-2013 — /EuropaWire/ — The High Representative of the European Union for Foreign Affairs and Security Policy and Vice President of the Commission issued the following statement today: “I would like to express my strong concerns regarding the escalation of violence in … Read the full press release

Deutsche Telekom AG and United Internet AG launch secure e-mail communication in compliance with German data privacy laws

Automatic encryption of data over all transmission paths Secure data storage in Germany as a reputable location Designation of secure e-mail addresses 02-9-2013 — /EuropaWire/ — Deutsche Telekom and United Internet have launched an initiative within the industry for secure e-mail communication … Read the full press release

New BASF foam made of expanded thermoplastic polyurethane revolutionizes adidas running shoe

New BASF foam Infinergy™ revolutionizes adidas running shoe 02-9-2013 — /EuropaWire/ — The world is on the move. To keep physically fit, more and more people jog for miles, across fields and along roadways. You can go running just about anywhere. All … Read the full press release