Monthly Archives: December 2017

Deutsche Telekom new Board of Management members: Dirk Wössner as Board Member for Germany and Adel Al-Saleh to lead corporate customer arm T-Systems

Dirk Wössner will take over as Board Member for Germany Adel Al-Saleh will lead the corporate customer arm T-Systems Simone Thiäner will become the new Director of Human Resources at Telekom Deutschland BONN, 29-Dec-2017 — /EuropaWire/ — On January 1, 2018, … Read the full press release

Deutsche Telekom passed the 40,000 km mark of optical fiber installed in 2017

More than 2.5 million new VDSL households 40,000 kilometers of optical fiber installed Potential for even faster broadband expansion in 2018 455,000 km of optical fiber already laid in Germany BONN, 29-Dec-2017 — /EuropaWire/ — Deutsche Telekom is driving the broadband … Read the full press release

EBRD provides US$ 85 million loan to finance renewable energy and resource efficiency projects in Turkey

New funds to finance investments in the private sector LONDON, 29-Dec-2017 — /EuropaWire/ — In response to growing demand for green energy the EBRD is providing a US$ 85 million loan to Türkiye Sınai Kalkınma Bankası (TSKB) to finance private mid-cap companies investing … Read the full press release

EBRD finances a local bakery in Turkmenistan

Datly Sherbet to make biscuits and confectionery for local market and export LONDON, 29-Dec-2017 — /EuropaWire/ — The EBRD is continuing to finance small businesses in Turkmenistan, where the development of private enterprise is a focus of the Bank’s investment strategy, with … Read the full press release

EBRD supports Egypt’s gas infrastructure modernisation

LONDON, 29-Dec-2017 — /EuropaWire/ — The EBRD is providing a US$200 million loan to the Arab Republic of Egypt to finance the modernisation of selected gas infrastructure facilities, which shall improve energy efficiency and reduce impacts on the environment. Egypt has an energy … Read the full press release

Airbus: A320neo Fleet rises to 270 aircraft

TOULOUSE, 29-Dec-2017 — /EuropaWire/ — Leading aircraft lessor AerCap holdings N.V. (“AerCap”) (NYSE: AER) has upped its A320neo portfolio after signing a firm agreement to buy 50 additional aircraft. This transaction brings AerCap’s firm orders for the A320neo Family aircraft … Read the full press release

LMU researchers put a spotlight on the smallest blood cells known as platelets

MUNICH, 29-Dec-2017 — /EuropaWire/ — A new study by medical researchers at LMU extends the list of tasks performed by the smallest blood cells known as platelets: At sites of infection, actively migrating platelets sweep bacteria into aggregates for disposal by … Read the full press release

New substance discovered against life-threatening tuberculosis infections

MUNICH, 29-Dec-2017 — /EuropaWire/ — In search of new strategies against life-threatening tuberculosis infections, a team from the Technical University of Munich (TUM), as well as Harvard University and Texas A&M University in the USA have found a new ally. They … Read the full press release

Syngenta to voluntarily delist its American Depositary Shares from the New York Stock Exchange

BASEL, 29-Dec-2017 — /EuropaWire/ — Following the previously announced cancellation of all publicly held registered shares of Syngenta AG (“Syngenta”) with a par value of CHF 0.10 each in connection with the completion of the public tender offer for all publicly … Read the full press release

Bank Austria Real Invest takes over the ORBI Tower in Vienna TownTown

The ORBI Tower – „the New World of Work“ in TownTown, 1030 Vienna, has been handed over to the new owners VIENNA, 29-Dec-2017 — /EuropaWire/ — Following the closing on 15 December 2017, the ORBI Tower in Vienna TownTown, which is … Read the full press release

Husqvarna Group to acquire the Light Compaction & Concrete Equipment business from Atlas Copco

Huskvarna, Sweden, 28-Dec-2017 — /EuropaWire/ — “Atlas Copco’s Light Compaction & Concrete Equipment business fits well into Husqvarna Construction’s strategy for expanding deeper into the market segment of Concrete Surfaces and Floors” says Kai Wärn, President and CEO of Husqvarna Group. … Read the full press release

Royal Philips installs world’s first and only fully digital PET/CT system in the Clinique de Genolier, Switzerland

Amsterdam, the Netherlands and Genolier, Switzerland, 28-Dec-2017 — /EuropaWire/ — Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, today announced the successful installation of its Vereos digital PET/CT system, the world’s first and only fully digital PET/CT … Read the full press release

Filtration media: Ahlstrom-Munksjö to expand capacity at its Louveira plant in Brazil

HELSINKI, 28-Dec-2017 — /EuropaWire/ — Ahlstrom-Munksjö taking the first step towards a potential capacity expansion plan at its Louveira plant in Brazil. “Demand for filtration media in South America is expected to continue to grow in the coming years and we … Read the full press release

Leonardo: AW109 Trekker helicopter receives type certification by the European Aviation Safety Agency (EASA)

Newest type in the light twin-engine segment strengthening Leonardo’s position in this market for public services and utility duties   EASA Certification allows deliveries to start in the first quarter of 2018  Over 40 aircraft ordered by customers worldwide to date  … Read the full press release

Leonardo milestone: The AW139 intermediate twin engine helicopter global fleet reaches two million flight hours

Of the total, one million flight hours were achieved in the last three years, demonstrating impressive reliability, effectiveness, safety and supportability  The most successful helicopter programme in 15 years benefits from strong partnership between the Company and its customers, maintaining … Read the full press release

Thales: The 4th batch of Iridium NEXT satellites launched by Space X from Vandenberg Air Force Base in California

The Iridium NEXT Constellation now has 40 communications satellites in orbit. CANNES, 28-Dec-2017 — /EuropaWire/ — The fourth batch of Iridium NEXT satellites, built by Thales Alenia Space, has been successfully launched by Space X from Vandenberg Air Force Base … Read the full press release

ECB’s SREP: Groupe BPCE is positioned well above the prudential capital requirements applicable in 2018

THE ECB HAS COMMUNICATED TO GROUPE BPCE ITS PRUDENTIAL CAPITAL REQUIREMENTS FOR 2018: PILLAR 2 “REQUIREMENT” REMAINS UNCHANGED PARIS, 28-Dec-2017 — /EuropaWire/ — Groupe BPCE has received notification from the European Central Bank concerning the results of the Supervisory Review and … Read the full press release

Rio Tinto dividends and share buy-backs cash returns to shareholders reaches $8.2 billion in 2017

LONDON, 28-Dec-2017 — /EuropaWire/ — Rio Tinto has successfully completed its $1.5 billion buy-back of Rio Tinto plc shares, comprised of the $500 million and $1 billion on-market share buy-back programmes announced on 8 February 2017 and 2 August 2017 … Read the full press release

Roche to fully acquire Ignyta for US$ 1.7 billion in an all-cash transaction

Roche to acquire Ignyta for US$ 27.00 per share Ignyta’s investigational medicine entrectinib, a selective CNS-active tyrosine-kinase inhibitor being developed for tumours that harbor ROS1 or NTRK fusions, to expand Roche’s portfolio of oncology medicines BASEL, 27-Dec-2017 — /EuropaWire/ — … Read the full press release

Geniaxes awarded first prize in the second Saint-Gobain Business Challenge in France

Courbevoie, France, 27-Dec-2017 — /EuropaWire/ — Saint-Gobain presented the awards for the second Saint-Gobain Business Challenge in France following the final round, held in Paris (France), chaired by Pierre-André de Chalendar, Chairman and Chief Executive Officer of Saint-Gobain. This event also … Read the full press release

CAF to supply 18 Urbos Trams for a turnkey project in the Republic of Mauritius

Beasain, Spain, 27-Dec-2017 — /EuropaWire/ — CAF has signed a contract exceeding € 100 million for the supply of 18 Urbos Trams with Larsen & Toubro Limited, India  which is executing a 26 km Integrated Light Rail Transit System (circa … Read the full press release

Wärtsilä secures long-term supply agreement with the Turkish company Aksa Enerji Üretim A.Ş.

HELSINKI, 27-Dec-2017 — /EuropaWire/ — The technology group Wärtsilä has signed a long-term supply agreement with the Turkish company Aksa Enerji Üretim A.Ş. (“Aksa Energy”) and its affiliates. Aksa Energy has recently invested particularly in Africa, where energy is in demand … Read the full press release

Wärtsilä will deliver power plant for the Phase Two expansion of the Tasiast mine in Mauritania

HELSINKI, 27-Dec-2017 — /EuropaWire/ — The technology group Wärtsilä will deliver a turnkey power plant to provide electricity for the Phase Two expansion of the Tasiast mine located in Mauritania. The contract has been signed with Tasiast Mauritanie Ltd, a subsidiary … Read the full press release

Wärtsilä to retrofit the world’s first energy storage solution on board a large offshore supply vessel

HELSINKI, 27-Dec-2017 — /EuropaWire/ — The technology group Wärtsilä has agreed to retrofit the world’s first energy storage solution on board a large offshore supply vessel. The North Sea Giant, one of the world’s largest and most advanced subsea construction vessels, … Read the full press release

Wärtsilä to acquire Netherland based Trident B.V. specialised in underwater ship maintenance, inspection, and repair services

HELSINKI, 27-Dec-2017 — /EuropaWire/ — The technology group Wärtsilä strengthens its service offering by acquiring Trident B.V., a Netherland based company specialised in underwater ship maintenance, inspection, and repair services. Through the acquisition Wärtsilä becomes the first global operator in the … Read the full press release

UK mobile operator EE switched on eight new superfast 4G mobile sites in the Galloway and West Dumfries area

LONDON, 27-Dec-2017 — /EuropaWire/ — EE, the UK’s largest mobile operator and part of the BT Group, today switched on eight new superfast 4G mobile sites in the Galloway and West Dumfries area. The new sites provide 4G to large sections … Read the full press release

Wolfgang Jani to succeed Heinz Lachinger as CFO of Austrian Airlines in 2018

Austrian-born Wolfgang Jani moves from Schindler Germany to Austrian Airlines Jani succeeds Heinz Lachinger as CFO in April 2018 VIENNA, Austria, 27-Dec-2017 — /EuropaWire/ — Austrian Airlines will have a new CFO in 2018. After the current CFO Heinz Lachinger … Read the full press release

Iberdrola’s subsidiary Neoenergia won wind power tender for 295 megawatts (MW) in Brazil

BILBAO, 27-Dec-2017 — /EuropaWire/ — Iberdrola, through its subsidiary Neoenergia, was awarded 295 megawatts (MW) at the last wind power tender held by Brazil’s National Electric Energy Agency (Aneel). This is a major first step for Iberdrola in Brazil, after the … Read the full press release

VINCI Energies to acquire PrimeLine Utility Services from management and private equity investment firm First Reserve

PrimeLine Utility Services generated revenue of $506 million pro forma (about €430 million) in 2016 This acquisition boosts VINCI Energies’ position in North America Rueil-Malmaison Cedex – France, 27-Dec-2017 — /EuropaWire/ — VINCI Energies, the VINCI subsidiary specialising in energy and … Read the full press release

WindEurope CEO Giles Dickson on zero-subsidy bidding in latest Dutch offshore wind auction

BRUSSELS, 27-Dec-2017 — /EuropaWire/ — The Dutch government has given subsidy-free bidders first bidding in an auction for the twin 350 MW Hollandse Kust Zuid offshore wind projects. On Friday 15 December Swedish energy group Vattenfall announced its zero-subsidy bid. EnBW, … Read the full press release

thyssenkrupp and trade union IG Metall reach agreement for the planned 50/50 joint venture with Tata Steel Europe

thyssenkrupp agrees with employee representatives on conclusion of a collective agreement Collective agreement contains assurances on site and employment continuation and investment Agreement enables thyssenkrupp to implement its strategic and operational goals for the joint venture IG Metall collective bargaining … Read the full press release

Deutsche Forschungsgemeinschaft (DFG) to establish 11 new Research Training Groups; €134 million for initial funding period

Topics range from cyber-physical production systems to interactions between trees / €134 million for initial funding period BONN, 26-Dec-2017 — /EuropaWire/ — The Deutsche Forschungsgemeinschaft (DFG, German Research Foundation) is establishing 11 new Research Training Groups to further support early … Read the full press release

Coldiretti, Terna and ANBI in common strategy to optimise irrigation resources and energy efficiency

ROME, 26-Dec-2017 — /EuropaWire/ — An important Memorandum of Understanding was signed today by Roberto Moncalvo, President of Coldiretti, Luigi Ferraris, CEO and General Manager of Terna and Francesco Vincenzi, President of ANBI (Italian Association of Land Reclamation and Irrigation … Read the full press release

Fincantieri opens new subsidiary in Doha Qatar

The company’s activities will promote the development of local businesses TRIESTE, 26-Dec-2017 — /EuropaWire/ — As part of its business development strategy in the Middle East, Fincantieri has established Fincantieri Services Middle East in Doha (Qatar), a wholly owned subsidiary … Read the full press release

Outotec to supply minerals processing technology to new copper concentrator to be built in Turkey

Outotec to deliver minerals processing technology to Turkey ESPOO, 26-Dec-2017 — /EuropaWire/ — Outotec has been awarded a contract for the delivery of minerals processing technology to a new copper concentrator to be built in Turkey. The contract value booked in … Read the full press release

NIB to loan EUR 201 million to Swedavia AB for new pier at Stockholm Arlanda Airport

HELSINKI, 26-Dec-2017 — /EuropaWire/ — NIB and the Swedish airport operator Swedavia AB have signed a loan agreement of SEK 2 billion (EUR 201 million) for the construction of a new pier at Stockholm Arlanda Airport, outside Stockholm, Sweden. The ten-year … Read the full press release

NIB provides EUR 187 million to Ericsson for the development of 5G mobile technology

HELSINKI, 26-Dec-2017 — /EuropaWire/ — NIB and the Swedish telecom company Ericsson have signed a 5.5–year loan agreement totalling USD 220 million (EUR 187 million) for financing a research programme for the development of 5G mobile technology. The loan will finance … Read the full press release

Sika now offers the most comprehensive range of sealing and bonding solutions in the North American construction market

Baar, Switzerland, 26-Dec-2017 — /EuropaWire/ — Sika has acquired Emseal Joint Systems, Ltd., a US-based market leader in the development and manufacturing of structural expansion joint products for new construction and refurbishment. With the acquisition, Sika will be able to … Read the full press release

Marc Vincent appointed Head of Corporate & Investment Banking at Natixis

PARIS, 26-Dec-2017 — /EuropaWire/ — Marc Vincent has been appointed Head of Corporate & Investment Banking. He was Co-Head of Corporate & Investment Banking, alongside François Riahi, who is taking up new responsibilities within Groupe BPCE. Marc Vincent is a member … Read the full press release

Natixis sold its 15% stake in CACEIS to Crédit Agricole S.A.

PARIS, 26-Dec-2017 — /EuropaWire/ — Natixis announces the finalisation of the sale of its 15% stake in CACEIS to Crédit Agricole S.A. Following this transaction, Crédit Agricole S.A. will be CACEIS’ sole shareholder. The transaction is set to have an estimated … Read the full press release