Monthly Archives: May 2014

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