Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Aegon to sell its businesses in Czech Republic and Slovakia to NN Group for EUR 155 million

The HAGUE, 16-Aug-2018 — /EuropaWire/ — Aegon has agreed to sell its businesses in Czech Republic and Slovakia for EUR 155 million to NN Group. The transaction is consistent with Aegon’s strategic objective to optimize its portfolio and capital allocation … Read the full press release

Digi Communications NV announces the release of the Q2 2018 Financial Results

BUCHAREST, Romania, 14-Aug-2018 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”) announces that Q2 2018 financial results are available on the Company’s website. For details, please see: http://www.digi-communications.ro/en/investor-relations About Digi Communications NV Digi is the parent holding company of … Read the full press release

Statek Stanzereitechnik GmbH acquisition by NORMA Group closed following antitrust authorities approval

Value chain expanded in the area of metal processing Sales contribution of EUR 2.5 million expected in 2018 MAINTAL, 14-Aug-2018 — /EuropaWire/ — NORMA Group has successfully closed the acquisition of the supplier Statek Stanzereitechnik GmbH (“Statek”) following approval by the … Read the full press release

Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol, 6-10 August 2018

BUCHAREST, Romania, 13-Aug-2018 — /EuropaWire/ — In accordance with the FSA Regulation no. 5/2018 and art. 2 of the Commission Delegated Report (EU) 1052/2016, DIGI COMMUNICATIONS N.V. reports to the regulated market (Bucharest Stock Exchange “BVB”, Romanian Financial Supervisory Authority … Read the full press release

EY to acquire Riverview Law, a leading innovative legal services firm

Acquisition helps give EY first-mover advantage in legal managed services Acquisition further establishes EY as a leading disruptor of legal services LONDON, 13-Aug-2018 — /EuropaWire/ — EY today announces an agreement to acquire Riverview Law, a leading innovative legal services firm … Read the full press release

HfS Blueprint Report: Enterprise Artificial Intelligence Services 2018: EY recognized as a “high performer” among consulting organizations in providing artificial intelligence (AI) services

EY recognized for differentiating capabilities in domain-specific AI projects, design thinking and a transformational, end-to-end point of view LONDON, 13-Aug-2018 — /EuropaWire/ — EY has been recognized by HfS Research as a “high performer” among consulting organizations in providing artificial intelligence … Read the full press release

Covestro’s Polycarbonates (PCS) sheets business in Sheffield (US) sold to Plaskolite

US Polycarbonates sheets business sold to Plaskolite LEVERKUSEN, 10-Aug-2018 — /EuropaWire/ — Germany-based materials manufacturer Covestro yesterday successfully closed the sale of Covestro’s Polycarbonates (PCS) sheets business in Sheffield (US) to Plaskolite. Acrylics sheets manufacturer Plaskolite will continue operations at the … Read the full press release

JT Group to acquire the tobacco business of the second largest tobacco company in Bangladesh

Company continues to expand its presence in emerging markets TOKYO, Japan, 09-Aug-2018 — /EuropaWire/ — Japan Tobacco Inc. (JT) (TSE: 2914) announces today that the JT Group has signed an agreement to acquire the tobacco business of Akij Group1 (Akij), the second largest … Read the full press release

JT Group completed the acquisition of the Donskoy Tabak (DT) companies in Russia

TOKYO, Japan, 09-Aug-2018 — /EuropaWire/ — Japan Tobacco Inc. (JT) (TSE: 2914) announces that the JT Group completed the acquisition of the Donskoy Tabak (DT) companies yesterday Russian local time. The agreement to acquire the companies was announced in a press release1 on … Read the full press release

Anglo American plc completes the sale of the New Largo thermal coal project and Old New Largo closed colliery in South Africa for approximately US$65 million

LONDON, 09-Aug-2018 — /EuropaWire/ — Anglo American plc (“Anglo American”) announces completion of the sale, by its 73%-held subsidiary Anglo American Inyosi Coal (Proprietary) Limited, of the New Largo thermal coal project and Old New Largo closed colliery in South Africa … Read the full press release

The acquisition of the industrial adhesives of Nitta Gelatin Inc. by the Bostik-Nitta joint-venture in Japan completed

Colombes, France, 09-Aug-2018 — /EuropaWire/ — Bostik completed the acquisition of the industrial adhesives of Nitta Gelatin Inc. by the Bostik-Nitta joint-venture in Japan, on 1st August 2018. This acquisition, which will be complemented by the construction of a new … Read the full press release

Digi Communications NV announces Investor Call on the Financial Results for H1 2018

BUCHAREST, Romania, 07-Aug-2018 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”) announces that on August 14, 2018 (at 17:00 UK time) it will host a conference call to discuss the H1 2018 financial results. To participate in the conference … Read the full press release

Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol between 30 July-3 August 2018

BUCHAREST, Romania, 06-Aug-2018 — /EuropaWire/ — In accordance with the FSA Regulation no. 5/2018 and art. 2 of the Commission Delegated Report (EU) 1052/2016, DIGI COMMUNICATIONS N.V. reports to the regulated market (Bucharest Stock Exchange “BVB”, Romanian Financial Supervisory Authority … Read the full press release

Siemens AG intends to propose the appointment of Ernst & Young GmbH as independent auditors for fiscal 2019

MUNICH, 06-Aug-2018 — /EuropaWire/ — The Supervisory Board of Siemens AG intends to propose to the Annual Shareholders’ Meeting the appointment of Ernst & Young GmbH, Stuttgart, to serve as independent auditors for fiscal 2019. This is the result of … Read the full press release

Logicor renews lease contract with Flex for 31,000 sqm of warehouse and office space in Poland

LONDON, 06-Aug-2018 — /EuropaWire/ — Logicor has renewed a lease contract with Flex for 31,000 sqm of warehouse and office space in Logicor Łódź II, Poland. Alongside the renewal, Flex has agreed to lease an additional 7,000 sqm of warehouse space, … Read the full press release

EBRD provides US$ 15 million loan to a major manufacturer and supplier of retails stores equipment Modern-Expo Group

LONDON, 06-Aug-2018 — /EuropaWire/ — The EBRD is supporting operations of one of the largest manufacturers and suppliers of fixtures and equipment for retail stores and warehouses in central and eastern Europe by providing it with a seven-year loan of US$15 … Read the full press release

BASF strengthens its market position in agricultural solutions with the closing of acquisition of businesses and assets from Bayer

Complements own crop protection, biotech and digital activities; marks entry into seeds, non-selective herbicides, nematicide seed treatments Creates new opportunities for innovation and growth About 4,500 experienced employees join Agricultural Solutions team Ludwigshafen, Germany, 06-Aug-2018 — /EuropaWire/ — BASF has … Read the full press release

Kuehne + Nagel successfully completes the acquisition of perishables business of Panatlantic Logistics S.A., Ecuador

Acquisition of the perishables business of Panatlantic Logistics S.A., Ecuador Market leading company specialised in air transport of flowers and fruits Combined volumes account for 32,000 tons per annum out of Ecuador SCHINDELLEGI, Switzerland, 03-Aug-2018 — /EuropaWire/ — Kuehne + … Read the full press release

Rio Tinto completes sale of remaining coal assets in Queensland, Australia for $3.95 billion

LONDON, 03-Aug-2018 — /EuropaWire/ — Rio Tinto has completed the sale of its remaining coal assets in Queensland, Australia, for $3.95 billion. The transactions include the sale of Rio Tinto’s interests in the Hail Creek coal mine and Valeria coal … Read the full press release

Europe’s largest battery and H/EV event moves to manufacturing hub for e-mobility

3rd annual event to take place in Stuttgart, Germany, home to Mercedes-Benz and Porsche 200+ exhibitors already signed up for the event in the region known as ‘birthplace of the car’ More than 8,000 international attendees anticipated in 2019 (7 … Read the full press release

Cargotec’s Hiab to acquire the Effer loader cranes business from CTE Group for EUR 50 million

Malmö, Sweden, 02-Aug-2018 — /EuropaWire/ — Hiab, part of Cargotec, and a global leader in on-road load handling, has entered into an agreement to acquire the Effer loader cranes business from the CTE Group for an enterprise value of EUR 50 … Read the full press release

Saint-Gobain sold its façade installing and glass replacing activities in the United Kingdom to an affiliate of CoBe Capital

Courbevoie, France, 02-Aug-2018 — /EuropaWire/ — Following a strategic review of its British glass business, Saint-Gobain has sold, effective August 1st 2018, its façade installing and glass replacing activities in the United Kingdom (UK), to an affiliate of CoBe Capital. Trading … Read the full press release

Saint-Gobain to acquire producer of very high temperature thermal insulation with two plants in Germany

Courbevoie, France, 02-Aug-2018 — /EuropaWire/ — Saint-Gobain has acquired the German company HKO, that designs, produces and distributes a complete range of very high temperature thermal insulation and fire protection solutions made from various types of glass fibers to cover temperature … Read the full press release

Mono Solutions announce a new partnership with PA DIGITAL, the leading provider of digital services for small businesses in Spain

COPENHAGEN, 01-Aug-2018 — /EuropaWire/ — Mono Solutions is proud to announce a new partnership with the leading provider of digital services for small businesses in Spain, PA DIGITAL. The partnership allows PA Digital to deliver modern websites and additional digital marketing … Read the full press release

SGS to provide near real-time geochemical based analysis on drill core through Minalyze AB’s Minalyzer CS scanner

GENEVA, 01-Aug-2018 — /EuropaWire/ — SGS announced today that it has entered into a strategic collaboration with Minalyze AB to provide near real-time geochemical based analysis on drill core through the Minalyzer CS scanner. The Minalyzer CS scanner generates a variety … Read the full press release

SGS to launch digital platform that enables customers to navigate products regulations of China’s textile and apparel market

GENEVA, 01-Aug-2018 — /EuropaWire/ — SGS is pleased to announce the launch of the China Product Standards (GB) Selection Tool – a digital platform that enables customers to navigate products regulations of China’s textile and apparel market. Led by SGS’s Global … Read the full press release

Funds advised by Triton to acquire the business unit SKF Motion Technologies from SKF Group

STOCKHOLM/ GOTHENBURG, 01-Aug-2018 — /EuropaWire/ — Funds advised by Triton (“Triton”) have signed an agreement of its intention to acquire the business unit SKF Motion Technologies from SKF Group, listed on Nasdaq Stockholm. Triton intends to form a standalone company under … Read the full press release

Collaborate or Die: Advice to Investors!

CAMBRIDGE, 31-Jul-2018 — /EuropaWire/ — Founded by Peter and Alan Cowley, The Invested Investor is aiming to increase the success rate of start-ups by learning from the experience of entrepreneurs, investors and start-up specialists. They recently interviewed two leading investors: David … Read the full press release

Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol between 23-27 July 2018

BUCHAREST, Romania, 30-Jul-2018 — /EuropaWire/ — In accordance with the FSA Regulation no. 5/2018 and art. 2 of the Commission Delegated Report (EU) 1052/2016, DIGI COMMUNICATIONS N.V. reports to the regulated market (Bucharest Stock Exchange “BVB”, Romanian Financial Supervisory Authority … Read the full press release

Evonik recognised in the categories of “Business Responsibility and Ethics” and “Supply Chain Management” at the Sustainability Business Awards (SBA) Singapore 2018

SINGAPORE, 30-Jul-2018 — /EuropaWire/ — Evonik, one of the world leaders in specialty chemicals, was awarded with special recognition in the categories of “Business Responsibility and Ethics” and “Supply Chain Management” at the Sustainability Business Awards (SBA) Singapore 2018, further underpinning … Read the full press release