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