Monthly Archives: January 2016

NORDEN writes down USD 180 million from the value of its dry cargo fleet

HELLERUP, Danmark, 22-Jan-2016 — /EuropaWire/ — NORDEN writes down the carrying amount of owned dry cargo vessels by USD 180 million and at the same time makes a provision of USD 160 million for losses on long-term chartered dry cargo vessels. … Read the full press release

Central and Eastern Europe (CEE) banks operated in rather positive economic environment in 2015 – UniCredit Bank Austria

Most CEE economies showed strong economic growth in 2015 and proved more resilient towards shifts in investors’ sentiment with regards to emerging markets Overall banking sector profitability is normalizing on a new post-crisis level, still double the one of Western … Read the full press release

OTE Group joins European Commission on 5G research projects

Constant investment in the future through research and innovation Paiania, Greece, 22-Jan-2016 — /EuropaWire/ — OTE Group participates in 4 research projects of the European Commission on designing and developing 5th generation (5G) technologies, infrastructure and services. 5G is the future … Read the full press release

Documentary channel OTE HISTORY airs on OTE TV on Friday, January 22

Paiania, Greece, 22-Jan-2016 — /EuropaWire/ — OTE HISTORY, the only documentary channel on Greek TV, focusing on Greece’s history and culture, is airing on OTE TV on Friday, January 22. “OTE HISTORY is an important project for OTE, an organization … Read the full press release

Greece: OTE launches hybrid TV platform, OTE TV

Paiania, Greece, 22-Jan-2016 — /EuropaWire/ — OTE TV is the first to launch in Greece the new hybrid TV platform, offering its subscribers the combined benefits of satellite and IPTV service such asinteractivity, personalized viewing and high definition content. Changing the … Read the full press release

Bank Austria named “Best Trade Finance Bank” in Austria by US financial magazine “Global Finance” for the eighth year in a row

VIENNA, 22-Jan-2016 — /EuropaWire/ — Bank Austria has been crowned “Best Trade Finance Bank” in Austria for 2016 by US financial magazine “Global Finance”, for the eighth year in a row. This is the result of an annual survey among analysts, … Read the full press release

University of Leicester to conduct studies to better understand asthma including how to diagnose and monitor the condition in children

LEICESTER, 22-Jan-2016 — /EuropaWire/ — Midlands Asthma and Allergy Research Association funds projects to combat effects of asthma A number of studies to better understand asthma – including how to diagnose and monitor the condition in children – will be conducted … Read the full press release

YCMP signs new licence agreement with MAN Diesel & Turbo for MAN B&W-branded, two-stroke diesel engines production

YCMP becomes latest Chinese licensee COPENHAGEN, 22-Jan-2016 — /EuropaWire/ — At a ceremony in Zhuhai, Guangdong Province on 16 January 2016, local engine builder – Yuchai Marine Power Co., Ltd. (YCMP) – signed a new licence agreement with MAN Diesel & … Read the full press release

Predictive maintenance: Spanish Services team’s new maintenance tool TrainScanner recognised with the internal Alstom Innovation Awards

Levallois-Perret, France, 22-Jan-2016 — /EuropaWire/ — The latest Alstom Innovation Awards have recognised, with a Jury Special Prize, a new maintenance tool, TrainScanner, developed by the Spanish Services team in collaboration with the UK Services Team. The Alstom Innovation Awards … Read the full press release

PGNiG UI further strengthens its position in hydrocarbon exploration on the Norwegian Continental Shelf

WARSAW, 21-Jan-2016 — /EuropaWire/ — In the APA 2015 licensing round, PGNiG Upstream International (PGNiG UI), a subsidiary of Polskie Górnictwo Naftowe i Gazownictwo SA, was awarded interests in four exploration and production licences, including one operatorship. Two of the licences … Read the full press release

AkzoNobel awarded Gold Class distinction for excellent sustainability performance

AMSTERDAM, 21-Jan-2016 — /EuropaWire/ — AkzoNobel’s number one ranking on the 2015 Dow Jones Sustainability Index (DJSI) has resulted in the award of an Industry Leader, Gold Class distinction for excellent sustainability performance. The recognition also includes a listing in the … Read the full press release

AkzoNobel acquires full control of EkO Peroxide LLC, its hydrogen peroxide joint venture

AMSTERDAM, 21-Jan-2016 — /EuropaWire/ — AkzoNobel has strengthened its position in the North American hydrogen peroxide market after acquiring the outstanding shares in EkO Peroxide LLC from joint venture partner OCI Peroxygens LLC (a subsidiary of OCI Enterprises Inc.). Established nine … Read the full press release

Barco and Peripheral Vision partner to provide South-African resellers with access to Barco’s extensive product portfolio

Visualization expert Barco and audio-visual (AV) expert Peripheral Vision have just signed a distributor agreement. Under the partnership, Peripheral Vision will provide South-African resellers and system integrators with easy access to Barco’s extensive product portfolio. Barco is delighted to team … Read the full press release

Ahlstrom divests its Building & Wind business unit to Owens Corning

Ahlstrom sells its glassfiber business to Owens Corning HELSINKI, 21-Jan-2016 — /EuropaWire/ — Ahlstrom has signed an agreement to divest its Building & Wind business unit to Owens Corning, a U.S.-based company listed on the New York Stock Exchange. The initial … Read the full press release

University of Sussex alumnus Narciso Mahumana empowers communities in Mozambique by education

BRIGHTON, 21-Jan-2016 — /EuropaWire/ — A University of Sussex alumnus is using education to empower communities in one of the poorest countries in the world. Narciso Mahumana worked as a ‘nyamusoro’, a type of traditional healer, in Mozambique before travelling to … Read the full press release

University of Sussex neuroscientists identified brain network system that causes performance mishaps when anxious

BRIGHTON, 21-Jan-2016 — /EuropaWire/ — As musicians, figure skaters and anyone who takes a driving test will know, the anxiety of being watched can have a disastrous effect on your performance. Now neuroscientists at the University of Sussex’s Sackler Centre for … Read the full press release

KfW continues its support to federal states and municipalities by providing interest-free loans for refugees’ permanent housing and social integration

Final increase to the extraordinary promotion for creating refugee accommodation – up to a total of EUR 1.5 billion by means of interest-free loans for municipalities Around 550 loan commitments with a total volume of EUR 1,045 million have been … Read the full press release

KfW IPEX-Bank finances construction of 33-km-long section of A94 motorway between Munich and Passau

FRANKFURT AM MAIN, 21-Jan-2016 — /EuropaWire/ — KfW IPEX-Bank, as part of a consortium of commercial banks and in cooperation with the European Investment Bank (EIB), is financing the construction of a 33-km-long section of the A94 motorway between Munich and … Read the full press release

Eyewear: Mercedes-Benz Style and Rodenstock presented the Design Studies “Aesthetics Eyewear” at Opti 2016

MUNICH, 20-Jan-2016 — /EuropaWire/ — Flowing, almost floating-like transitional lines, typical of Mercedes-Benz Style, play between form and material to perfection: Mercedes-Benz Style and Rodenstock presented the Design Studies “Aesthetics Eyewear” – visionary perspectives of upcoming Eyewear Collections – at … Read the full press release