Monthly Archives: September 2013

Orange Business Services and Weinmann introduced connected medical device solution aimed at sleep apnea patients

Solution improves health care services for sleep apnea patients, satisfies new compliance requirements, and enables assessment of patients’ conditions and disorder treatment at home Paris and Hamburg, 05-9-2013 — /EuropaWire/ — In close cooperation, Orange Business Services and Weinmann, a global manufacturer of therapeutic system solutions … Read the full press release

Orange Business Services completes the acquisition of consulting firm InovenAltenor

Orange Business Services has just completed the acquisition of consulting firm InovenAltenor. The acquisition confirms Orange Business Services’ ambitions in supporting companies in the strategic domain of digital transformation and the positioning of Orange Consulting, its consulting arm that specializes … Read the full press release

Simon Hopes appointed Market Leader for Coutts’ Sports & Entertainment business

London, 05-9-2013 — /EuropaWire/ — Simon Hopes has been appointed as Market Leader for Coutts’ Sports & Entertainment business.  Simon joins the business from NatWest and RBS Stockbrokers, where he was Head of Distribution.  At Coutts, Simon will be responsible for the … Read the full press release

EU at G20 Summit: restore global confidence, sustainable and inclusive global growth, countering protectionism and fight against tax avoidance worldwide

04-9-2013 — /EuropaWire/ — Improving confidence in the global economy, making decisive progress on the way to sustainable and inclusive global growth, countering protectionism and stepping up the fight against tax avoidance and evasion worldwide: these should be amongst the main results … Read the full press release

Airbus’ research activities in fuel cell technology as alternative energy source in commercial aircraft honored with GreenTec Award 2013

Emission-free power supply on ground and improved efficiency in the air Blagnac, 04-9-2013 — /EuropaWire/ — Airbus’ research activities to integrate fuel cell technology as alternative energy source in commercial aircraft have been awarded with the ”GreenTec Award 2013” in the category … Read the full press release

EC launched new project to help preserve Cyprus’s cultural heritage

04-9-2013 — /EuropaWire/ — The European Commission has launched a new project to strengthen the efforts already in place to preserve the island-wide cultural heritage in Cyprus. The EU contribution will amount to €2 million and will support the work of the … Read the full press release

Rosneft President Igor Sechin met Pirelli Chairman Marco Tronchetti Provera over discussion about Pirelli retail outlets at Rosneft’s chain of filling stations

04-9-2013 — /EuropaWire/ — On September 3, Rosneft President and Chairman of the Management Board Igor Sechin held a working meeting with Pirelli Chairman and Managing Director Marco Tronchetti Provera. As part of the meeting the parties discussed the protocol of understanding … Read the full press release

EU Commissioner Androulla Vassiliou supports Lithuanian EU Presidency’s push for quality education and opportunities for young people

04-9-2013 — /EuropaWire/ — Androulla Vassiliou, European Commissioner for Education, Culture, Multilingualism and Youth, will visit Lithuania on 5-10 September to support the Lithuanian EU Presidency’s push to ensure that quality education and opportunities for young people are at the top of … Read the full press release

Laurent Benatar appointed Technical Director at of Orange France

Laurent Benatar has been appointed Technical Director of Orange France, effective today. He will also continue his work as Information Systems Director, a role he has held for the past 3 years. 04-9-2013 — /EuropaWire/ — He replaced Philippe Chicaud, to whom … Read the full press release

Airbus President & CEO Fabrice Brégier enjoyed his first experience on-board A350 XWB MSN1 during test flight over south-western France

Blagnac, 04-9-2013 — /EuropaWire/ — Airbus President & CEO, Fabrice Brégier has enjoyed his first experience on-board the A350 XWB MSN1 during a routine test flight which lasted close to three hours and took place over the south-western part of France. “I am … Read the full press release

Rolls-Royce confirmed it sold its 50% shareholding in RTM322 helicopter engine programme to Safran’s Turbomeca

04-9-2013 — /EuropaWire/ — Rolls-Royce today confirms that it has completed the sale of its 50 per cent shareholding and interest in the RTM322 helicopter engine programme to Turbomeca (a Safran company), for which it has received a cash consideration of €293 million. … Read the full press release

Rosneft President Igor Sechin held working meeting with Armenian Nairit Plant Top Management

04-9-2013 — /EuropaWire/ — On September 3, 2013, Rosneft President and Chairman of the Management Board Igor Sechin held a working meeting with Director General of Nairit Plant Ovanes Akhinyan and Deputy Director General for Reconstruction and Development Karen Mirzoyan. The meeting … Read the full press release

Devon Air Ambulance adds second Eurocopter EC135 to its helicopter fleet doubling emergency medical airlift capabilities throughout UK

Devon Air Ambulance has added a second Eurocopter EC135 to its helicopter fleet, enhancing the service provider’s own airlift capabilities and further fostering the market presence of this rotorcraft type in medical missions throughout the United Kingdom. 04-9-2013 — /EuropaWire/ — The … Read the full press release

Bosch Packaging Technology announced it completed Tecsor Machines et Systèmes S.A.S. acquisition

Entry into PET blow-molding technology Anti-trust authorities grant approval Strategically complements acquisition of Ampack GmbH in 2012 Addition to portfolio of product division Liquid Food Meyreuil / Waiblingen, 04-9-2013 — /EuropaWire/ — Bosch Packaging Technology, a leading supplier of process and packaging … Read the full press release

EADS-owned TESTIA launched Non-Destructive Testing and Training in Aerospace company in UK

Newport-based TESTIA Ltd will produce new generation of aerospace engineers World-class bespoke training, research and development Non Destructive Testing of new aircraft materials will ensure consistent product quality and life cycle longevity 60 new jobs in five years Newport, 04-9-2013 — … Read the full press release

The European Commission adopted communication on shadow banking and proposed new rules for money market funds (MMFs)

04-9-2013 — /EuropaWire/ — The Commission has today adopted a communication on shadow banking and proposed new rules for money market funds (MMFs). The communication is a follow-up to last year’s Green Paper on Shadow Banking (IP/12/253). It summarises the work undertaken so far by … Read the full press release

HSBC introduced unbeatable mortgage rates on the High Street at 90% LTV to First-Time Buyers

04-9-2013 — /EuropaWire/ — Bank pledges to offer unbeatable rates on High Street to FTBs On Monday 2nd September HSBC will launch ‘First for First-Time Buyers’, offering unbeatable mortgage rates on the High Street at 90% LTV.1 The ‘Best High Street Mortgage Provider’2 pledges … Read the full press release

Rolls-Royce signed $13.7M contract to replace plant process computers at Luminant’s Comanche Peak Nuclear Power Plant near Glen Rose, Texas

Dallas, TX, 04-9-2013 — /EuropaWire/ — Rolls-Royce has won a $13.7 million contract to replace the plant process computers (PPC) for the two generating units at Luminant’s Comanche Peak Nuclear Power Plant located near Glen Rose, Texas. Comanche Peak has two pressurized water reactors … Read the full press release

Airbus signed breakthrough agreement with China’s Air Traffic Management Bureau to modernise the country’s Air Traffic Management System

Breakthrough agreement to modernise China’s ATM ensuring growth Blagnac,  04-9-2013 — /EuropaWire/ — Airbus and China’s Air Traffic Management Bureau (ATMB) signed a Memorandum of Understanding (MoU) to cooperate on modernizing the country’s Air Traffic Management System and to implement the latest … Read the full press release

Rosneft top managers increased their shareholdings in the Company’s charter capital

04-9-2013 — /EuropaWire/ — Rosneft top managers increased their interests in the Company’s charter capital. Considerable shareholdings in the Company’s charter capital were acquired by Rosneft Vice Presidents Eric Maurice Liron, Zeljko Runje and Igor Maydannik: Eric Maurice Liron, First Vice President … Read the full press release

Online and telephone bank First Direct reduces rates on its Offset and Repayment mortgages and focuses on fee free mortgages

04-9-2013 — /EuropaWire/ — On Friday 23 August first direct, winner of Moneywise Most Trusted Mortgage Provider, reduced the rates on eleven of its Offset and Repayment mortgages by up to 0.2% to provide even better value to customers.  Borrowers with 25-35% deposit or equity are … Read the full press release

Airbus and S7 Engineering partner to develop A320 long term maintenance training partnership in Russia

Local operators to get easier access to Airbus’ standards and latest technologies in maintenance training Blagnac,  04-9-2013 — /EuropaWire/ — During the International Aviation and Space Salon MAKS-2013, Airbus and S7 Engineering, part of Engineering Holding, signed an agreement to develop long … Read the full press release

Rolls-Royce announced the 4,500 tonne Syncrolift shiplift installed in New Song Thu shipyard Vietnam now open for business

04-9-2013 — /EuropaWire/ — Rolls-Royce announced today that the largest capacity Syncrolift® shiplift to be built in Vietnam is now officially open for service. The Syncrolift has been installed as a key element of a major new shipbuilding and ship repair development at … Read the full press release

Orange appointed Arnaud Castille Executive VP for Mergers and Acquisitions

Arnaud Castille joined Orange as Executive Vice President for Mergers and Acquisitions on 26 August 2013. Paris, 03-9-2013 — /EuropaWire/ — He replaced Vincent Benoît, who has left the Group. Arnaud previously served as a Director in the M&A Department at the … Read the full press release

Bosch Chassis Systems Control division president Gerhard Steiger won Eurostar 2013 award in the “Supplier Division CEO” category

Road safety: “Bosch is a technological leader in automated driving” Eurostar 2013 award for Bosch manager Bosch is conducting test drives on German freeways Series start of traffic-jam assist in 2014 03-9-2013 — /EuropaWire/ — Fingers off, hands up – for Gerhard … Read the full press release

Barclays PLC announced Bob Hoyt appointment as Group General Counsel

03-9-2013 — /EuropaWire/ —  Barclays PLC has announced the appointment of Bob Hoyt as Group General Counsel. He will succeed Mark Harding in this role, whose intention to retire was announced in February 2013. Mr Hoyt is expected to take up … Read the full press release

RWE Innogy received permits by German Federal Maritime and Hydrographic Agency for 108 additional wind turbines for the Innogy Nordsee offshore wind farm 2 and 3

Construction of 108 additional wind turbines approved Permit for Germany’s largest offshore wind farm cluster (approx. 1,000 MW) Important contribution to enhancing value of project portfolio 03-9-2013 — /EuropaWire/ — RWE Innogy yesterday received the permits for the Innogy Nordsee offshore wind … Read the full press release

England’s 1966 World Cup goalkeeper star Gordon Banks joins Barclays’s campaign to help nation’s older generation discover Internet

England’s 1966 World Cup goalkeeper star back in the net to get older people online Barclays research finds older people could net savings of £742 a year by getting online “Bank and Banks” create 3,500 “Digital Eagles” to mentor those … Read the full press release

EU-funded project PETROBOT develops robots to replace humans in inspections of pressure vessels and storage tanks widely used in the oil, gas and petrochemical industry

03-9-2013 — /EuropaWire/ — The European Commission, together with a consortium of ten European companies led by Shell, launches today the PETROBOT project, which will develop robots which can replace humans in inspections of pressure vessels and storage tanks widely used in … Read the full press release

The European Commission clears Austrian authorities plan to orderly wind down the Austrian bank Hypo Group Alpe Adria (HGAA)

03-9-2013 — /EuropaWire/ — The European Commission has approved a plan to orderly wind down the Austrian bank Hypo Group Alpe Adria (HGAA). The Commission found that the plan presented by the Austrian authorities is compatible with EU state aid rules. Together … Read the full press release

RWE Innogy, Stadtwerke München, Siemens joint venture project Gwynt y Môr Offshore Wind Farm begins generating electricity

Gwynt y Môr begins generating electricity Joint venture project of RWE Innogy, Stadtwerke München and Siemens making good progress Complete commissioning planned for 2014 Gwynt y Môr Offshore Wind Farm has officially generated and exported its first electricity, on track … Read the full press release

Zurich Insurance Group’s Chairman Josef Ackermann announced resignation

Zurich, 03-9-2013 — /EuropaWire/ — Zurich Insurance Group (Zurich) announces that the Chairman, Josef Ackermann, has informed the Board of Directors that he is resigning from all his functions as a Board member with immediate effect. The Board of Directors respects and … Read the full press release

Vienna Labor and Social Affairs Court questioned the legal validity of the transfer of flight operations from Austrian Airlines to Tyrolean Airways

03-9-2013 — /EuropaWire/ — In a ruling handed down today by the Vienna Labor and Social Affairs Court, the court questioned the legal validity of the transfer of flight operations from Austrian Airlines to Tyrolean Airways. Fundamentally speaking, the judge said in … Read the full press release

Vodafone sold its 45% stake in Verizon Wireless to Verizon Communications Inc for £84B ($130B) in deal representing 9.4x EV / LTM EBITDA and 13.2x EV / LTM OpFCF

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION US$84 BILLION EXPECTED RETURN TO SHAREHOLDERS £6 BILLION … Read the full press release

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