Monthly Archives: December 2016

Montagu sold its remaining minority investment in BSN medical

FRANKFURT, 21-Dec-2016 — /EuropaWire/ — Montagu Private Equity announces today, that as part of EQT’s sale of BSN to SCA, Montagu has sold its remaining minority investment in the company. The transaction is subject to the customary regulatory clearances. Montagu had … Read the full press release

Outotec lowers its 2016 profitability guidance due to increased risk provision

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

Weihnachtskisten: Mitarbeiter von ASEAG, E.V.A., regio iT und STAWAG sammeln für Aachener Tafel

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

DekaBank provides EUR131.6 million portfolio financing for Gramercy Property Europe plc in Germany

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

ABP to invest £8m in new facilities at its port of Troon

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

Insurance Europe: Europe’s insurers paid out €975bn in claims and benefits during 2015

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

Shell divested 31.2% shareholding in Showa Shell Sekiyu K.K. to Idemitsu Kosan Co. Ltd. for US$1.4 billion

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

Shell Aviation Australia Pty Ltd acquired by Viva Energy Australia Pty Ltd for $250 million USD

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

Fincantieri and Virgin Voyages ship construction contracts valued at EUR2 billion now effective

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

TomTom Automotive receives Innovation Supplier of the Year award by FCA (Fiat Chrysler Automobiles) Group

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: Turkey’s economy will grow by 2.5% in 2016 and 2.7% in 2017

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

Egis and R20 to create pre-investment fund specializing in sustainable waste management and the development of Waste-to-Energy projects

PARIS, 19-Dec-2016 — /EuropaWire/ — On Wednesday December 14th in Paris, an agreement was signed between Egis, an international consulting and engineering group and subsidiary of French Caisse des Dépôts et Consignations (CDC), and R20, an international non-profit organization working to … Read the full press release

NORMA Group expands test laboratories in Americas, EMEA and Asia-Pacific

Maintal, Germany, 19-Dec-2016 — /EuropaWire/ — NORMA Group, a global market leader in engineered joining technology, is expanding its test laboratories in the regions Americas, EMEA and Asia-Pacific. In modern test facilities, qualified experts will validate new products and develop … Read the full press release

New book on doing business in India by Roland Berger’s Managing Partner in India Wilfried Aulbur

India’s gross domestic product set to grow more than 7 percent per year to reach 3.3 trillion dollars by 2020 Despite being very attractive to foreign firms, India is not an easy market to develop The automotive, chemical, pharmaceutical and … Read the full press release

NIB provides EUR 24M to Estonia’s AS Tallinna Lennujaam for Tallinn Airport expansion

NIB and Estonia’s AS Tallinna Lennujaam have agreed on a loan of EUR 24 million for the expansion of the airside traffic area and the development of other investments at Tallinn Airport. HELSINKI, 19-Dec-2016 — /EuropaWire/ — The 13-year maturity loan will … Read the full press release

CapMan Plc schedule for share subscriptions with 2013 A and 2013 B stock options for 2017

Listing schedule for 2017 for share subscriptions based on CapMan Plc 2013 A and 2013 B stock options CapMan Plc has confirmed the schedule for share subscriptions with 2013 A and 2013 B stock options for the year 2017. HELSINKI, … Read the full press release

General Dynamics Land Systems–UK completes initial manned live firing tests onboard an ARES vehicle in Dorset, England

DORSET, England, 19-Dec-2016 — /EuropaWire/ — General Dynamics Land Systems–UK has successfully completed initial manned live firing tests onboard an ARES vehicle, a member of the AJAX family of Armoured Fighting Vehicles, at a range in Dorset, England. The manned firing … Read the full press release

The GRAHAM-Bam Healthcare Partnership (GBHP) completes the new Inpatient Ward Block project

Healthcare Partnership hands over to South Eastern Health & Social Care Trust. HILLSBOROUGH, 19-Dec-2016 — /EuropaWire/ — The GRAHAM-Bam Healthcare Partnership (GBHP) has successfully completed the new Inpatient Ward Block project, which is the initial phase of the extensive £261m Phase … Read the full press release

Imerys to acquire Kerneos

World leader in calcium aluminate-based high-performance binders  Extension of specialty minerals offering for industry in growth, complementary markets  Close fit with Imerys’ business model  A rapidly value-creating acquisition PARIS, 19-Dec-2016 — /EuropaWire/ — Less than two years after … Read the full press release

Management Board changes at Uralkali

Berezniki, Russia, 19-Dec-2016 — /EuropaWire/ — Uralkali (the Company; MICEX: URKA) announces the following basic decisions taken by its Board of Directors at the meeting on 14 December 2016. The Board reviewed the report on results of the Company’s activity for 9 months of 2016, approved the Company’s consolidated annual … Read the full press release