Monthly Archives: March 2015

The new Audi R8 LMS to debut in the VLN Endurance Championship Nürburgring on March 28

First fielding of GT3 race car in VLN opener Phoenix Racing and Belgian Audi Club Team WRT are race teams Strong driver line-up for the 24-hour races at the Nürburgring and at Spa Ingolstadt, 23-3-2015 — /EuropaWire/ — On March 28, … Read the full press release

China’s Vice Premier Ma Kai met with Volkswagen Aktiengesellschaft board members in Volkswagen Group headquarters in Wolfsburg; electro-mobility and autonomous driving key topics

Prof. Dr. Martin Winterkorn informs high-ranking delegation about Volkswagen electro-mobility campaign Key topic digitalization / presentation on autonomous driving WOLFSBURG,  20-3-2015 — /EuropaWire/ — Ma Kai, Vice Premier of the State Council of the People’s Republic of China, visited the Volkswagen … Read the full press release

SEAT announces the biggest income figure in its history; 56% improvement over 2013

Martorell, 20-3-2015 — /EuropaWire/ — SEAT continues to move with determination towards sustainable growth. The sales increase for 2014 enabled the company to end the year with a total invoicing amount of 7.497 billion euros – a 15.8% improvement on … Read the full press release

Volkswagen Commercial Vehicles delivered 445,000 urban delivery vans, Transporters and pick-ups in 2014; revenue and operating profit reach new records

• Sales revenue and operating profit reach new records • Profit rises due to model mix and cost optimisation • Growth in Western Europe, economic decline in Brazil • Dr Scholz: “We create values!” • New generations of Caddy 4 … Read the full press release

Borsa İstanbul will acquire the LME’s stake in clearing house LCH.Clearnet; HKEx, LME and Borsa Istanbul to partner on market data dissemination

LONDON, 20-3-2015 — /EuropaWire/ — The London Metal Exchange (LME) and Borsa İstanbul A.S. are entering into two agreements under which (i) Borsa İstanbul will acquire the LME’s stake in clearing house LCH.Clearnet, and (ii) Borsa İstanbul, the LME and … Read the full press release

Allianz Suisse art expert Oliver Class at The European Fine Art Fair: Art is becoming a more appealing investment

MUNICH, 20-3-2015 — /EuropaWire/ — The world’s largest art and antiques trade fair TEFAF (The European Fine Art Fair) is taking place in Maastricht from March 13 to 22, 2015. As one of the leading art insurers, a number of … Read the full press release

Berlin Demography Forum takes place at the Allianz Forum (March 18) and at the ESMT (March 19 and 20)

The surprising results of the “Demography-Compass”, presented for the first time at the Berlin Demography-Forum (BDF) 300 international experts from the fields of politics, business, and academia gather at the BDF to discuss the “activity, health, participation” of older people … Read the full press release

Glencore joined the Plenary of the Voluntary Principles on Security and Human Rights (Voluntary Principles)

Baar, Switzerland, 20-3-2015 — /EuropaWire/ — Glencore is pleased to announce that on 18 March 2015 it joined the Plenary of the Voluntary Principles on Security and Human Rights (Voluntary Principles). The Voluntary Principles were established in 2000 and provide … Read the full press release

AXA completes the acquisition of 7.15% stake in African Reinsurance Corporation for a total consideration of EUR 54 million

PARIS, 20-3-2015 — /EuropaWire/ — AXA announced today that it has completed the acquisition of a 7.15% stake in African Reinsurance Corporation (“Africa Re”), the leading reinsurance company in Africa¹ , for a total consideration of USD 61 million (or … Read the full press release

The Shell Petroleum Development Company of Nigeria Limited (SPDC) completes sale of its 30% interest in oil mining lease 18 in the Eastern Niger Delta to Eroton Exploration & Production Company Limited for $737 million

The Shell Petroleum Development Company of Nigeria Limited (SPDC), a subsidiary of Royal Dutch Shell plc (Shell), has completed the assignment of its 30% interest in oil mining lease (OML) 18 and related facilities in the Eastern Niger Delta. Its … Read the full press release

Shell signs with Alimentation Couche-Tard for the sale of its marketing operations in Denmark; to be managed by Statoil Fuel and Retail A/S

THE HAGUE, 20-3-2015 — /EuropaWire/ — Shell has reached agreement with Couche-Tard for the sale of its marketing operations in Denmark, comprising retail, commercial fleet, commercial fuels, aviation and connected trading & supply products businesses. The businesses will be managed … Read the full press release

The European Central Bank (ECB) inaugurated its new premises on the site of the Grossmarkthalle, Frankfurt’s former wholesale market hall

Frankfurt am Main, 19-3-2015 — /EuropaWire/ — The European Central Bank (ECB) today inaugurated its new premises on the site of the Grossmarkthalle – Frankfurt’s former wholesale market hall – alongside regular meetings of the Governing Council and General Council. … Read the full press release

15 Romanian companies honoured by the EBRD and the EU for promoting energy efficiency

15 Romanian companies awarded for promoting sustainable energy LONDON, 19-3-2015 — /EuropaWire/ — A cereal grower, a car-servicing company, a manufacturer of antique-style furniture, a fruit and vegetable processor, several bakeries, a paper producer, and south-eastern Europe’s largest oil and gas … Read the full press release

EBRD and Eximbank of China to promote projects that support sustainable economic infrastructure development from central Europe to central Asia and in the southern and eastern Mediterranean

LONDON, 19-3-2015 — /EuropaWire/ — Parties sign Memorandum of Understanding to co-finance infrastructure projects The European Bank for Reconstruction and Development (EBRD) and the Export-Import Bank of the Republic of China (Eximbank) today agreed to boost their cooperation and co-finance projects … Read the full press release

EBRD to partly finance the working capital of one of the key agricultural commodity importers and supply chain managers in Egypt

LONDON, 19-3-2015 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is providing a US$ 20 million loan, to partly finance the working capital of Medsofts, a family-owned company based in Egypt and one of the key agricultural commodity … Read the full press release

EBRD to raise awareness about the value of external advice for SMEs in Kazakhstan

New campaign on value of external advice for SMEs launched in Almaty LONDON, 19-3-2015 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is raising awareness about the value of external advice for small and medium-sized enterprises (SMEs) at … Read the full press release

EBRD President Sir Suma Chakrabarti is in Taipei to further strengthen the growing EBRD-Taiwanese cooperation and sign MoU with Eximbank

LONDON, 19-3-2015 — /EuropaWire/ — EBRD President Sir Suma Chakrabarti is visiting Taipei on 18 and 19 March where he is meeting the President Ma Ying-jeou, Minister of Foreign Affairs David L. Y. Lin, President and CEO of the Taiwan External Trade … Read the full press release

EU Commissioner for Justice, Consumers and Gender Equality, Vĕra Jourová: My wish for Consumer Day is a consumer-centered European economy

BRUSSELS, 19-3-2015 — /EuropaWire/ — Representatives from consumer organisations, policy-makers and European institutions gathered at the 17th annual conference to discuss new trends in consumption. The European Consumer Day was organised by the European Economic and Social Committee. “My wish … Read the full press release

EU Court of Justice’s Advocate General Juliane Kokott comments on family reunification in the case of married couples who are third-country nationals

Advocate General’s Opinion in Case C-153/14 K and A In the event of unreasonableness or special circumstances, it must, however, be possible for exemptions from the examination to be granted in individual cases, and any examination fees must not be … Read the full press release

Euronest Parliamentary Assembly in Armenia: boost cooperation with EU’s eastern neighbourhood countries to reduce both parties’ energy dependence on Russia

The EU’s new eastern partnership policy should boost cooperation with its eastern neighbourhood countries to reduce both parties’ energy dependence on Russia, said MEPs and MPs from eastern partnership countries at the fourth Euronest Parliamentary Assembly, which closed in Yerevan, … Read the full press release

EUR 1.8 billion in medium-term loans for Ukraine approved by International Trade Committee MEPs by 30 votes to 7, with no abstention

Plans to disburse €1.8 billion in medium-term loans to help Ukraine out of its economic recession were backed by the International Trade Committee on Thursday. The loans will top up financial help from other donors under an economic programme put … Read the full press release

The European Commission introduced package of tax transparency measures to tackle corporate tax avoidance and harmful tax competition in the EU

BRUSSELS, 19-3-2015 — /EuropaWire/ — The European Commission today presented a package of tax transparency measures as part of its ambitious agenda to tackle corporate tax avoidance and harmful tax competition in the EU. A key element of this Tax … Read the full press release

EURORDIS: Rare diseases are not yet recognised as an international public health priority

BRUSSELS, 18-3-2015 — /EuropaWire/ — The 22nd meeting of the EURORDIS Round Table of Companies recently took place in Brussels on the occasion of Rare Disease Day 2015 and focused on the theme ‘Rare Diseases: Going Global’. This EURORDIS corporate-membership group … Read the full press release

Vattenfall: Volvo made plug-in hybrid bus service of the future starts with route 73 in Stockholm with 75% lower fuel consumption vs diesel-driven buses

The future is now. The bus service of the future starts today with route 73 in Stockholm, and the buses are a completely new type of plug-in hybrid. They can be rapid charged at terminuses and with a full battery … Read the full press release

Foundation Scotland: Vattenfall’s Clashindarroch Community Wind Farm Fund calls on local residents and groups to apply for grants

EDINBURGH, 18-3-2015 — /EuropaWire/ — Vattenfall, the owner of Clashindarroch wind farm, is calling on local residents and groups to apply for grants from a major, new investment fund. The Clashindarroch Community Wind Farm Fund, will benefit the four areas served … Read the full press release

Group ANDRITZ to present its innovative nonwovens production solutions at ANEX-SINCE 2015 in Shanghai, China on May 13-15, 2015

International technology Group ANDRITZ will be presenting its innovative nonwovens production solutions at ANEX-SINCE 2015 in Shanghai, China (May 13-15, hall 1, booth H20). ANDRITZ Wuxi – full-line solutions and excellent service for the Asian nonwovens industry GRAZ, 18-3-2015 — … Read the full press release

Greek industrial group Mytilineos Holdings S.A. announced record-high operational profitability in its 2014 Full-Year Financial Results

FY 2014 Highlights: Fourfold increase of net profit after tax and minority rights to €64.9 million, up from €15.9 million in 2013. Record-high operational profitability (EBITDA) at €253.9 million, up from €225.3 million in 2013. Further decline of net debt … Read the full press release

Boehringer Ingelheim released two GLORIA™-AF Registry Program analyses examining the use of anticoagulant treatments for stroke prevention in patients with atrial fibrillation

For Non-US/Non-UK/Non-Canadian Media New analyses highlight undertreatment of high-risk AF patients1,2 First Phase II data demonstrating anticoagulant prescribing patterns in North America now available from GLORIA™-AF Registry Program Results presented at American College of Cardiology 64th Annual Scientific Session & … Read the full press release

The Linde Group reports increase of both group operating profit and group revenue in the 2014 financial year despite unfavourable conditions

2014 financial year: Group revenue up 4.5 percent after adjusting for exchange rate effects to EUR 17.047 bn Group operating profit1 of EUR 3.920 bn, up 1.0 percent after adjusting for exchange rate effects Operating cash flow2 increases by 5.0 … Read the full press release

Novartis: EU approval for Jakavi® for the treatment of adult patients with polycythemia vera who are resistant to or intolerant of hydroxyurea

Jakavi® (ruxolitinib) approved by the European Commission for adult patients with polycythemia vera (PV) resistant to or intolerant of hydroxyurea PV is a rare blood cancer associated with an overproduction of blood cells that can lead to serious cardiovascular complications … Read the full press release

Toshiba redefines the standard for low dose imaging with the introduction of PUREViSION detector

Zoetermeer, The Netherlands, 18-3-2015 — /EuropaWire/ — Breakthrough innovations in the manufacturing process of CT detectors have resulted in the PUREViSION detector, a detector with 40% more light output than other detectors redefining the standard for low dose imaging. As patient … Read the full press release

Abengoa Yield to be included in the NASDAQ Clean Edge Green Energy Index effective March 23rd, 2015

SEVILLE, 18-3-2015 — /EuropaWire/ — Abengoa Yield (NASDAQ: ABY), the sustainable total return company that owns a diversified portfolio of contracted assets in the energy and environment sectors, announced today that it will be included in the NASDAQ Clean Edge … Read the full press release

The University of Aberdeen secures £1.5million grant from Cancer Research UK to study how tumours develop

The University of Aberdeen has secured a grant of up to £1.5million from Cancer Research UK to study how tumours develop. ABERDEEN, 18-3-2015 — /EuropaWire/ — The grant will fund a five-year programme of research led by Professor Anne Donaldson … Read the full press release

Airbus Defence and Space expands Skynet 5’s X-band and UHF reach over the Asia-Pacific region

Skynet 5’s X-band and UHF reach is being expanded over the Asia-Pacific region Fleet of 9 X-band satellites to cover 178 West to 165 East Washington D.C., 17-3-2015 — /EuropaWire/ — Airbus Defence and Space announced during Satellite 2015 today … Read the full press release

SES and Airbus Defence and Space partner to deliver managed satcom services to corporate customers in Africa and globally

Mining, energy, humanitarian sectors to benefit from high quality managed satcom services delivered jointly by SES’s global satellite fleet and Airbus Defence and Space’s new Terralink offerings Washington D.C., 17-3-2015 — /EuropaWire/ —  SES S.A. (NYSE Euronext Paris and Luxembourg Stock … Read the full press release

Airbus Defence and Space: first Intelsat 29e satellite scheduled to launch in Q1 2016 as part of strategic agreement signed in 2014 with Intelsat

Launch of Intelsat Epic Platform to Further Enhance New High Performance Solutions for Maritime Customers Luxenburg/Washington D.C, 17-3-2015 — /EuropaWire/ — Airbus Defence and Space and Intelsat S.A. (NYSE: I) announced today that the companies’ strategic agreement concluded in 2014 has … Read the full press release

Airbus Helicopters to join Korea Aerospace Industries in developing South Korea’s next-generation Light Civil Helicopter (LCH) and Light Armed Helicopter (LAH)

SEOUL, 17-3-2015 — /EuropaWire/ — Airbus Helicopters will join with Korea Aerospace Industries in developing two 5-ton class rotorcraft that meet South Korea’s requirements for its next-generation Light Civil Helicopter (LCH) and Light Armed Helicopter (LAH). As the LCH and … Read the full press release

Airbus and SIA Engineering Company Limited entered into agreement to provide maintenance and engineering training services for Airbus aircraft in Singapore

BLAGNAC, 17-3-2015 — /EuropaWire/ — Signifying Airbus’ latest milestone to become even closer to its customers and partners and to support them around the globe, Airbus and SIA Engineering Company Limited (SIAEC) have entered into an agreement to provide maintenance … Read the full press release

Spanish carrier Vueling takes delivery of the first A320 incorporating the new Vueling cabin configuration

BLAGNAC, 17-3-2015 — /EuropaWire/ — Spanish carrier Vueling, the low cost platform for International Airlines Group (IAG), has taken delivery of the first A320 incorporating the new Vueling cabin configuration. Thanks to an efficient use of the cabin and the … Read the full press release