Outotec lowers its profitability guidance for 2016 HELSINKI, 20-Dec-2016 — /EuropaWire/ — Outotec lowers its profitability guidance for 2016 due to increased risk provision. As previously communicated, Outotec has had challenges in a few projects in the Metals, Energy & Water … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management
Tagged 2016 profitability guidance, Outotec
SIMMERATH, 20-Dec-2016 — /EuropaWire/ — Viele Mitarbeiterinnen und Mitarbeiter im E.V.A.-Konzern engagieren sich ehrenamtlich im Privaten. Dies war Grund, weshalb aus den Konzern-Belegschaften der Wunsch entstand, eine gemeinsame Aktion zugunsten sozial benachteiligter Menschen in dieser Stadt umzusetzen. So sammelten die Mitarbeiterinnen … Read the full press release
Posted in Energy, Gas & Oil, Germany, Non Profit
Tagged Aachener Tafel, ASEAG, E.V.A., regio iT, STAWAG, Weihnachtskisten
FRANKFURT AM MAI, 20-Dec-2016 — /EuropaWire/ — DekaBank has arranged and underwritten a EUR131.6 million portfolio financing for Gramercy Property Europe plc in Germany. The portfolio consists of eight logistics properties extending to a total of 391,000m² located in various established … Read the full press release
Posted in Banks, Financial, Germany, Real Estate, Transportation & Logistics
Tagged Amar Latif, DekaBank, Europe plc, financing for Gramercy Property
LONDON, 20-Dec-2016 — /EuropaWire/ — Reliability and frustration over lack of investment are Arran islanders’ key concerns for their lifeline ferry link. That’s the clear conclusion after two consultation sessions held on Arran. Fed-up of seeing as many as 253 crossings … Read the full press release
Posted in Infrastructure & Utilities, Investment, Transportation & Logistics, United Kingdom
Tagged ABP, port of Troon, Stuart Cresswell
BRUSSELS, 20-Dec-2016 — /EuropaWire/ — Europe’s insurers paid out a total of €975bn in claims and benefits over the course of 2015, the equivalent of €2.7bn per day, according to figures released today by Insurance Europe, the European insurance and reinsurance … Read the full press release
Posted in Belgium, European Union, Financial, Insurance
Shell has completed the sale of a 31.2% shareholding in Showa Shell Sekiyu K.K. to Idemitsu Kosan Co. Ltd. for a total amount of JPY159 billion (approximately US$1.4 billion). Completion follows anti-trust approval from the Japan Fair Trade Commission. THE … Read the full press release
Posted in Energy, Gas & Oil, Investment, Netherlands, United Kingdom
Tagged divested, Idemitsu Kosan Co. Ltd., John Abbott, Shell, Showa Shell Sekiyu K.K.
Shell has signed an agreement with Viva Energy Australia Pty Ltd (“Viva Energy”) for the sale of Shell Aviation Australia Pty Ltd for a total transaction value of approximately $250 million USD. It follows the sale of Shell’s other downstream … Read the full press release
Agreement for the first three cruise ships ordered by new cruise line finalized TRIESTE, 20-Dec-2016 — /EuropaWire/ — Ship construction contracts valued at approximately 2 billion euros between Fincantieri and Virgin Voyages (part of Virgin Group of companies) for three … Read the full press release
Posted in Italy, Transportation & Logistics, Travel
Tagged Fincantieri, ship construction, Virgin Voyages
Extraordinary Commitment to Innovation and Quality Recognised AMSTERDAM, 20-Dec-2016 — /EuropaWire/ — TomTom (TOM2) Automotive has been handed the prestigious Innovation Supplier of the Year award by FCA (Fiat Chrysler Automobiles) Group. The prize was awarded during the 2016 “Qualitas” event … Read the full press release
Coface forecasts that Turkey’s economy will grow by 2.5% in 2016 and 2.7% in 2017 Government spending is expected to be one of the key growth drivers in 2017 Currency risks and the persistent current account deficit are the main … Read the full press release
Posted in Economy, France, Insurance, Turkey
Tagged COFACE, Seltem İYİGÜN, Turkey’s economy
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