Monthly Archives: May 2014

M-Sport Bentley scores maiden victory at the second round of the Blancpain Endurance Series at Silverstone

M-Sport Bentley scores maiden victory at home race Historic win for British brand in first UK race for 84 years Continental GT3 proves outright pace in only second competition race Silverstone, UK, 26-5-2014 — /EuropaWire/ — M-Sport Bentley writes a new piece … Read the full press release

DHL Global Forwarding assisted in giraffe relocation from Liege, Belgium, to Ramat Gan Safari in Tel Aviv, Israel

16 months old “Jengo” makes 3,100 km journey from Liege to Tel Aviv It will join breeding program at Ramat Gan Safari BONN, Germany, 26-5-2014 — /EuropaWire/ — DHL Global Forwarding today assisted in the relocation of a giraffe from Liege, … Read the full press release

Vodafone commissioned report: European consumers to be affected by mobile market competition unless operators can access fibre backhaul at reasonable prices

Newbury, England, 26-5-2014 — /EuropaWire/ — European consumers will be affected by a deterioration of competition in the mobile market over the next three to five years unless mobile operators can access fibre backhaul owned by incumbent operators at reasonable prices, a new … Read the full press release

Aviva UK enhances its equity release lifetime mortgages to provide customers with flexible features

LONDON, 26-5-2014 — /EuropaWire/ — Aviva has gone live with enhancements to its equity release lifetime mortgages to provide customers with flexible features that allow them to repay or reduce their loans, free of early repayment charges. The enhancements reflect the … Read the full press release

Halifax research: Average house price in seaside towns rose by 42% since 2004

The annual Halifax Seaside Town Review tracks house price movements in 196 seaside towns in Great Britain. The review is based on house price data from the Land Registry and the Registrar of Scotland. Average house price in seaside towns … Read the full press release

Enel SpA appointed Francesco Starace to serve as Chief Executive Officer and General Manager of the Company

Rome, 26-5-2014 — /EuropaWire/ — The Board of Directors of Enel SpA, elected by the Shareholders’ Meeting on May 22nd, met today for the first time in Rome under the chairmanship of Patrizia Grieco. The Board appointed Francesco Starace to serve … Read the full press release

Enel Ordinary and Extraordinary Shareholders’ Meeting approved 2013 financial statements and appointed new board of directors

Financial statements as of December 31st, 2013 approved; dividend of 0.13 euro per share resolved New Board of Directors appointed for 2014-2016 term Rome, 26-5-2014 — /EuropaWire/ — The Ordinary and Extraordinary Shareholders’ Meeting of Enel S.p.A. met today in Rome under … Read the full press release

GDF SUEZ strengthens its balance sheet with second €2 billion hybrid bond issue

PARIS, 26-5-2014 — /EuropaWire/ — GDF SUEZ today issued a second hybrid bond issue following its hybrid issue of July 2013, for an amount of €2 billion, taking advantage of exceptional market conditions for this type of financing. The Group was … Read the full press release

Generali appoints Isabelle Conner as the new Group Chief Marketing Officer

Trieste, Italy, 26-5-2014 — /EuropaWire/ — Generali announces the appointment of Isabelle Conner as the new Group Chief Marketing Officer. Mrs. Conner is responsible for developing and coordinating the Generali brand and the customer relationship management strategy across the Group. Mario Greco, … Read the full press release

Porsche Financial Services, Inc. issues new ABS bond in the USA worth approximately 490 million US dollars

Once again, high investor demand in refinancing Stuttgart, 23-5-2014 — /EuropaWire/ — Porsche Financial Services, Inc. headquartered in Atlanta, Georgia, has issued a new ABS bond in the USA worth approximately 490 million US dollars. Porsche Financial Services is an indirect, wholly … Read the full press release

Volkswagen launches exclusive World Cup edition football app “Onefootball”

Exclusive app for 2014 football mega-event now available to download Wolfsburg, Germany, 23-5-2014 — /EuropaWire/ — Volkswagen is presenting the World Cup edition of the world’s most successful football app “Onefootball”. The Onefootball Brasil app is now available for free download. The … Read the full press release

Volkswagen do Brasil names Ralf Berckhan VP for Sales and Marketing

Wolfsburg, Germany, 23-5-2014 — /EuropaWire/ — Ralf Berckhan, currently Managing Director of Volkswagen Group Polska, has been named the new Vice President for Sales and Marketing at Volkswagen do Brasil. In a move that has been planned for some time, he … Read the full press release

ŠKODA apprentices’ dream car the sporty city cabriolet ŠKODA CitiJet to be presented for the first time at this year’s GTI event at Wörthersee

– ŠKODA CitiJet design concept is presented to the public at the GTI event  for the first time – ŠKODA ‘Apprentice Car’: two-seater sports convertible based on the ŠKODA Citigo – Vehicle project of 16 ŠKODA Vocational School apprentices working closely … Read the full press release

Royal Dutch Shell plc sells its 100 percent interest in approximately 106,000 net acres in Dimmit, LaSalle, and Webb Counties, Texas to Sanchez Energy Corporation

The Hague, Netherlands, 23-5-2014 — /EuropaWire/ — Royal Dutch Shell plc (“Shell”) announced today it has agreed to sell its 100 percent working interest in approximately 106,000 net acres in Dimmit, LaSalle, and Webb Counties, Texas to Sanchez Energy Corporation for … Read the full press release

Royal Dutch Shell plc cancels its Scrip Dividend Programme with effect from the second quarter 2014 Interim Dividend onwards

The Hague, Netherlands, 23-5-2014 — /EuropaWire/ — Royal Dutch Shell plc (“Shell”) announces the cancellation of its Scrip Dividend Programme (“the Programme”) with effect from the second quarter 2014 Interim Dividend onwards. The cancellation means that the second quarter 2014 Interim Dividend … Read the full press release

Deutsche Bank AG placed undated Additional Tier 1 Notes with an equivalent value of Euro 3.5 billion

Frankfurt am Main, 23-5-2014 — /EuropaWire/ — Today (May 20, 2014), Deutsche Bank AG (XETRA: DBKGn.DE / NYSE: DB) placed undated Additional Tier 1 Notes with an equivalent value of Euro 3.5 billion. The offering consisted of three tranches: EUR 1.75 billion … Read the full press release

Eni announced it successfully appraised the Agulha discovery located in Area 4 offshore Mozambique

The Agulha 2 well, which is the twelfth well successfully drilled in Area 4, proved about 25 meters of gas column in good quality Paleocene reservoir sandstones and confirmed the southern extension of the field. San Donato Milanese, Milan, 23-5-2014 — /EuropaWire/ … Read the full press release

Gazprom CEO Alexey Miller and Eni CEO Claudio Descalzi signed agreement to revise the terms of gas supply contracts

The agreement involves a reduction in supply prices and an important change in the price indexation to fully align it with the market. In addition, in 2014 Eni’s ability to recover gas pre-paid under “take or pay” clauses will be … Read the full press release

Repsol finaliza la venta de sus activos en Argentina por 6.309 millones de dólares

MADRID, 23-5-2014 — /EuropaWire/ — Repsol ha finalizado el proceso de desinversión de sus activos en Argentina con la venta a JP Morgan Securities de los títulos BODEN 2015 que aún mantenía, por valor nominal de 117,36 millones de dólares, y … Read the full press release

European Central Bank’s annual report shows TARGET2, Europe’s leading large-value payment system, processed 2.1% more payments in 2013

TARGET2 processed 91% of the total value settled by large-value euro payment systems Value of transactions decreased by 22.2% on account of new data collection methodology Almost 57,000 credit institutions across the world can be addressed via the system Frankfurt … Read the full press release

European Ombudsman Emily O’Reilly opened investigation on fundamental rights in the EU’s “cohesion” policy

Strasbourg, France, 22-5-2014 — /EuropaWire/ — The European Ombudsman, Emily O’Reilly, has opened an investigation on her own initiative into respect for fundamental rights in the EU’s “cohesion” policy. The Ombudsman has received many complaints in this area, for example about problems … Read the full press release

EBRD President Sir Suma Chakrabarti pledged to help deal with devastating floods in Serbia

Belgrade, 22-5-2014 — /EuropaWire/ — EBRD President Sir Suma Chakrabarti has pledged the Bank’s support to help deal with devastating floods in Serbia as part of a wider response to the disaster that extends to all affected countries. In a meeting with Serbian Prime … Read the full press release

The eighth EU elections are under way with 28 member states voting from 22 until 25 May

Brussels, 22-5-2014 — /EuropaWire/ — The first voting booths opened in the UK and the Netherlands this morning. In the next four days 400 million Europeans will have the right to choose who will be in charge in Europe. Go and vote, … Read the full press release

EBRD and EU financed the modernisation of public transportation in Moldova’s second biggest city Bălți

Bălți, Moldova, 22-5-2014 — /EuropaWire/ — Bălți, Moldova’s second biggest city, today celebrated the arrival of a fleet of new trolleybuses financed by a loan from the European Bank for Reconstruction and Development (EBRD) and a grant from the European Union. Environmentally … Read the full press release

EU member states signed agreement on the transfer and mutualisation of contributions to single resolution fund to be established as part of Europe’s banking union

Brussels, 22-5-2014 — /EuropaWire/ — Representatives of 26 EU member states¹ today signed an intergovernmental agreement on the transfer and mutualisation of contributions to a single resolution fund that will be established as part of Europe’s banking union. The agreement will complement … Read the full press release

European Commission launches Biodiversity for Life (B4Life) initiative to protect ecosystems, combat wildlife crime and develop green economies

Brussels, 22-5-2014 — /EuropaWire/ — On the International Day for Biological Diversity today, the Commission is launching a major new initiative to halt biodiversity loss and eradicate poverty in developing countries. The EU Biodiversity for Life (B4Life) flagship initiative is designed to help … Read the full press release

European Commissioner for the Environment Janez Potočnik presented the trophies to the first Natura 2000 Award winners

Brussels, 22-5-2014 — /EuropaWire/ — The winners of the first Natura 2000 Awards were announced at a ceremony in Brussels last night. The winners received trophies from the European Commissioner for the Environment, Janez Potočnik, along with members of the award Jury. … Read the full press release

EIB invested an unprecedented EUR 1.37bn in France between 12 and 16 May to support employment, social cohesion and economic development

Luxembourg, 22-5-2014 — /EuropaWire/ — The EIB invested an unprecedented EUR 1.37bn in France between 12 and 16 May. Projects supported include the refurbishment of schools, investment in France’s small businesses, a motorway and sustainable public transport initiatives. These will all contribute … Read the full press release

Geospatial World magazine awarded Netherlands Space Office (NSO) and Airbus Defence and Space for satellite imagery distribution web portal

Geospatial World magazine awards Netherlands Space Office (NSO) and Airbus Defence and Space for satellite imagery distribution web portal. Paris, France, 21-5-2014 — /EuropaWire/ — Airbus Defence and Space along with the Netherlands Space Office (NSO) was awarded the Geospatial World Innovation … Read the full press release

Rolls-Royce to modernise Fortum’s Loviisa Nuclear Power Plant automation

Helsinki, Finland, 21-5-2014 — /EuropaWire/ — Fortum has signed an agreement with Rolls-Royce about the modernisation of automation at its Loviisa nuclear power plant in Finland. The parties have agreed not to disclose the value of the agreement. The modernisation will be carried … Read the full press release

Fortum and Areva-Siemens Consortium agreed to discontinue the current automation modernisation project agreement at Loviisa nuclear power plant in Finland

Helsinki, Finland, 21-5-2014 — /EuropaWire/ — Fortum and Areva-Siemens Consortium have agreed on discontinuation of the current automation modernisation project agreement. Areva-Siemens Consortium will complete the ongoing agreed and resized work in cooperation with Fortum. Fortum is convinced that a new solution to continue the … Read the full press release

Gazprom to supply 38 billion cubic meters of Russian gas annually to China

Moscow, Russia,  21-5-2014 — /EuropaWire/ — Alexey Miller, Chairman of the Company’s Management Committee and Zhou Jiping, Chairman of China National Petroleum Corporation (CNPC) signed today a contract to supply pipeline gas from Russia to China via the eastern route. The parties signed the document in the presence of Russian President … Read the full press release

Comlux The Aviation Group becomes the first Airbus ACJ319 customer for an in-service retrofit of Sharklets

Sharklets save fuel and enhance appearance Blagnac,  21-5-2014 — /EuropaWire/ — Comlux The Aviation Group has become the first Airbus ACJ319 customer for an in-service retrofit of Sharklets, upswept fins attached to the wingtips that save about 4 per cent in fuel … Read the full press release

Lemminkäinen agreed on amended terms of its EUR 185 million credit facility with the lenders

LEMMINKÄINEN HAS AGREED ON AMENDED TERMS OF ITS CREDIT FACILITY AND CONTINUES MEASURES TO STRENGHTEN THE BALANCE SHEET Helsinki, Finland,  21-5-2014 — /EuropaWire/ — Lemminkäinen Corporation agreed on a three-year unsecured syndicated revolving credit facility of EUR 185 million in March 2013. The … Read the full press release

MYTILINEOS Group announced net profit up 36.5% in their financial results for the 1st Quarter of 2014

Maroussi, Greece, 21-5-2014 — /EuropaWire/ — 2014-Q1 Highlights: Operational profitability (EBITDA) up 28%. Net profit up 36.5%. Generation of strong cash flows and improvement of the Group’s credit profile. Net borrowing further reduced to €436.9 million, down from €509.7 million in 2013 and … Read the full press release

Novartis signed licensing agreement with Ophthotech Corporation to market Fovista® outside the United States

Novartis acquires exclusive ex-US rights to Fovista from Ophthotech; upfront payment of USD 200 million plus potential future recruitment and other milestone payments; additionally Ophthotech to receive royalties on ex-US Fovista sales Fovista is the most advanced anti-PDGF technology in … Read the full press release

SAP shareholders approved the conversion of legal form to a European stock corporation (Societas Europaea, SE)

Annual General Meeting of Shareholders 2014 Mannheim, Germany,  21-5-2014 — /EuropaWire/ — The Annual General Meeting of Shareholders of SAP AG today approved all management proposals for the agenda items. With more than 99% of the votes, the shareholders approved the conversion … Read the full press release

Maris Interiors LLP completes office relocation and fit-out project for ICSA

Maris Interiors LLP have just completed an office relocation and fit-out project on behalf of the ICSA.  LONDON, 21-5-2014 — /EuropaWire/ — ICSA is the chartered membership and qualifying body for people working in governance, risk and compliance, including company secretaries. … Read the full press release

LondonTown.com: War photography explored at new Tate Modern exhibition in London

The impact of war over time is the subject of a major photographic exhibition in London LONDON, 21-5-2014 — /EuropaWire/ — Great art galleries are never scared of confronting the big, difficult subjects, and this winter’s major photographic exhibition at … Read the full press release