Category Archives: Luxembourg

Press Releases & News from Luxembourg distributed via EuropaWire

Legend Holdings acquires 89.936% stake in Banque Internationale à Luxembourg (BIL)

Long-term strategic investment by Legend Holdings to grow BIL franchise in Luxembourg, Europe and internationally Hong Kong-listed diversified investment group commits to preserving and investing in the BIL brand, its employees and customer offering Grand Duchy of Luxembourg to retain … Read the full press release

Kerstin JORNA succeeds Gerassimos THOMAS as a Full Member of the Board of Directors of the EIB

LUXEMBOURG, 27-Jul-2017 — /EuropaWire/ — By letter dated 17 May 2017, the European Commission nominated Ms Kerstin JORNA for appointment as a Full Member of the Board of Directors of the EIB to succeed Mr Gerassimos THOMAS, who had tendered his … Read the full press release

Reinet Fund S.C.A., F.I.S. net asset value stands at EUR 5 823 million as of 30 June 2017

LUXEMBOURG, 26-Jul-2017 — /EuropaWire/ — Reinet Investments S.C.A.’s wholly-owned subsidiary, Reinet Fund S.C.A., F.I.S. has today announced its net asset value as at 30 June 2017 as follows: Quote Reinet Fund S.C.A., F.I.S. (‘the Fund’) Net asset value statement as at … Read the full press release

Luxembourg Stock Exchange (LuxSE) lists the first ever Reserved Alternative Investment Fund (RAIF)

LUXEMBOURG, 10-Jul-2017 — /EuropaWire/ — New unregulated fund structure will enable asset managers to list funds much faster than previously possible. The Luxembourg Stock Exchange (LuxSE) lists the first ever Reserved Alternative Investment Fund (RAIF). The new RAIF was brought to … Read the full press release

EIB celebrated the 10th anniversary of the world’s first “Climate Awareness Bond” at the Luxembourg Stock Exchange

LUXEMBOURG 10-Jul-2017 — /EuropaWire/ — The European Investment Bank (EIB), the world’s largest multilateral public bank and largest issuer of green bonds, today (05/07/2017) celebrated the 10th anniversary of the world’s first “Climate Awareness Bond” at the Luxembourg Stock Exchange, … Read the full press release

Banque Internationale à Luxembourg reaffirms its support for the charity SOS Kannerduerf Lëtzebuerg

LUXEMBOURG, 07-Jul-2017 — /EuropaWire/ — Through this donation, Banque Internationale à Luxembourg is reaffirming its support for the charity SOS Kannerduerf Lëtzebuerg, which provides support for children in difficult family circumstances. At the charity’s annual party on 2 July, Nico Muller, the manager of … Read the full press release

Félix Giorgetti and AG Real Estate to develop Goodyear’s future global innovation center and office buildings in Luxembourg

BRUSSELS, 06-Jul-2017 — /EuropaWire/ — Félix Giorgetti and AG Real Estate have signed a partnership in the form of a 30-year Design, Build, Finance and Maintain agreement (DBFM) to develop Goodyear’s future global innovation center and office buildings located at the new Luxembourg … Read the full press release

RTL Nederland Appoints New CEO

LUXEMBOURG/HILVERSUM, 12-Jun-2017 — /EuropaWire/ — RTL Group today announced the appointment of Sven Sauvé (43) as new Chief Executive Officer (CEO) of RTL Nederland, effective 1 July 2017. Sven Sauvé, currently Chief Operating Officer (COO) of RTL Nederland, will succeed Bert … Read the full press release

EIB Vice-President Jan Vapaavuori Resigns from his Post

LUXEMBOURG, 12-Jun-2017 — /EuropaWire/ — Following his election to Mayor of Helsinki and the official appointment, Jan Vapaavuori has tendered his resignation from the post of Vice-President and Member of the Management Committee of the European Investment Bank (EIB) on 8 June 2017. Mr Vapaavuori took up the post of the EIB Vice-President on … Read the full press release

Jan De Nul Group to build the fourth Trailing Suction Hopper Dredger for Keppel Singmarine Pte.Ltd.

LUZEMBOURG, 26-May-2017 — /EuropaWire/ — Jan De Nul Group signed a contract with Keppel Singmarine Pte.Ltd. for the construction of a 6,000 m3 Trailing Suction Hopper Dredger (‘TSHD’), bringing the current newbuilding order at the shipyard to four hoppers. An option … Read the full press release

ArcelorMittal Q1 2017 Ebitda sell-side analysts’ consensus figure

LUXEMBOURG, 04-May-2017 — /EuropaWire/ — ArcelorMittal has today announced the publication of first quarter 2017 Ebitda sell-side analysts’ consensus figure. The consensus figures are based on analysts’ estimates recorded on an external web-based tool provided and managed by an independent … Read the full press release

RTL Group Inaugurates New Headquarters in Luxembourg

LUXEMBOURG, 24-Apr-2017 — /EuropaWire/ — RTL Group officially inaugurated its new headquarters, henceforth to be known as ‘RTL City’. Set just a short walk away from the former premises, it has been designed to house the Group’s Luxembourgish activities. About 130 … Read the full press release

Vienna Initiative to Promote Investment Diversification in CESEE through New Working Group

LONDON, 07-Mar-2017 — /EuropaWire/ — The Vienna Initiative has agreed to establish a Working Group on Capital Markets Union. This follows the European Union’s push to strengthen Capital Markets which will have a major impact on financing of investment and sustaining growth … Read the full press release

Hemophilia Awareness Month: Save One Life is dedicated to helping children with hemophilia worldwide

March is Hemophilia Awareness Month and April 17 is International Hemophilia Day LUXEMBOURG, 06-Mar-2017 — /EuropaWire/ — Hemophilia is a devastating inherited blood disorder that can still cause severe pain, crippling and even death, when untreated. Hemophilia patients in developed … Read the full press release

FNR announces the opening of SciTeach Center at the University of Luxembourg

LUXEMBOURG, 26-Jan-2017 — /EuropaWire/ — Just over one year after the FNR and partners in the area of research and education signed a cooperation agreement to support the natural sciences education of primary school teachers in the country, the new … Read the full press release

Solvay, ArcelorMittal, Evonik and LafargeHolcim form new Low Carbon Technology Partnerships Initiative

Marrakech, 18-Nov-2016 — /EuropaWire/ — Solvay, ArcelorMittal, Evonik and LafargeHolcim today announce the formation of a new Low Carbon Technology Partnerships Initiative across the steel, cement and chemicals industries. This new partnership will look at the potential synergies that exist … Read the full press release

L’argent trop «noir»: Une société européenne paye aux rebelles

KIEV, 08-Nov-2016 — /EuropaWire/ — «Les journalistes contre la corruption et l’illégalité», un groupe de journalistes enquêteurs ukrainiens, a signalé des documents compromettants dont on avait saisi, qui témoignent de la collaboration de la société européenne «Flame SA» avec la … Read the full press release

China’s Vice Premier Ma Kai visits the offices of CACEIS in Luxembourg

LUXEMBOURG, 31-Oct-2016 — /EuropaWire/ — During an official visit to Luxembourg on 20th October 2016, China’s Vice Premier Ma Kai led a delegation to visit the offices of CACEIS. CACEIS CEO, Jean-François Abadie commented, “We are delighted to have the opportunity … Read the full press release

Catella Real Estate AG engaged CACEIS as depository for two additional mutual funds

PARIS, 31-Oct-2016 — /EuropaWire/ — Munich-based Catella Real Estate AG has engaged CACEIS as depository for two additional mutual funds. These two real estate funds were launched this year which attract combined assets of over one billion Euros. The funds invest … Read the full press release

Luxembourg Institute of Health: researchers identified a circular RNA that can predict patient outcome after heart attack

Researchers from LIH’s Cardiovascular Research Unit and international collaborators published an article in the number one cardiology journal, Journal of the American College of Cardiology, in September 2016. They identified a circular RNA that can predict patient outcome after heart … Read the full press release

Carmeuse and GP Group acquired 45% stake in Thailand’s leading lime company Golden Lime Public Company Limited

Carmeuse along with GP Group acquires Golden Lime, Thailand’s leading lime company Deal signals Carmeuse’s entry into South East Asia LUXEMBOURG, 06-Oct-2016 — /EuropaWire/ — Carmeuse, together with its partner GP Group, announced today the acquisition of a 45% stake in … Read the full press release

EIB: A number of inaccuracies and misleading statements in Climate Action Network (CAN) report

LUXEMBOURG, 07-Sep-2016 — /EuropaWire/ — The European Investment Bank (EIB) attaches great importance to engaging with civil society and ensuring that policies and lending activity reflect the recognition of the importance of climate action, that the EIB shares with a broad … Read the full press release

Alenka Smerkolj becomes EIB Governor for the Republic of Slovenia

LUXEMBOURG, 07-Sep-2016 — /EuropaWire/ — On 14 July 2016, Ms Alenka SMERKOLJ, Minister without portfolio responsible for Development, Strategic Projects and Cohesion in the Slovenian Government since November 2014, was appointed Acting Minister of Finance following the resignation of Mr Dusan MRAMOR. She … Read the full press release

CPI PROPERTY GROUP: Czech Office for the Protection of Competition granted a merger clearance for the acquisition of ORCO Property Group

LUXEMBOURG, 30-Aug-2016 — /EuropaWire/ — ORCO PROPERTY GROUP – Reference to press release of CPI Property Group concerning the obtaining of merger clearance for the acquisition of ORCO Property Group. ORCO PROPERTY GROUP refers its shareholders to a press release published … Read the full press release

Software development company Globant’s common shares admitted to trading on Luxembourg Stock Exchange (LuxSE)

TECHNOLOGY COMPANY LISTS SHARES ON LUXEMBOURG STOCK EXCHANGE’S MAIN MARKET IN BID TO GAIN GREATER VISIBILITY IN EUROPE Luxembourg, 16-Aug-2016 — /EuropaWire/ — On 11 August 2016, the Luxembourg Stock Exchange (LuxSE) listed and admitted to trading common shares from Globant, … Read the full press release

ENGIE / Powerdale consortium to install and operate 800 public charging stations in Luxembourg

LUXEMBURG, 09-Aug-2016 — /EuropaWire/ — the consortium between ENGIE Cofely Luxemburg (subsidiary of ENGIE) and Powerdale announced it has been selected to provide 800 public charging stations in Luxemburg and to operate them during a 12-year service contract. The consortium between … Read the full press release

ArcelorMittal published its half-year report for the six-month period ended 30 June, 2016

LUXEMBOURG, 03-Aug-2016 — /EuropaWire/ — ArcelorMittal has today published its half-year report for the six-month period ended 30 June, 2016. The report published today is available on http://corporate.arcelormittal.com/ under Investors > Financial reports > Half-year reports, and on the electronic database … Read the full press release

The Netherlands Ministry of Defence to acquire a pooled fleet of Airbus A330 Multi Role Tanker Transport (A330 MRTT) aircraft

LUXEMBOURG, 02-Aug-2016 — /EuropaWire/ — The Netherlands Ministry of Defence has today notified Parliament of the signing of a Memorandum of Understanding with Luxembourg to proceed with the acquisition of a pooled fleet of Airbus A330 Multi Role Tanker Transport (A330 … Read the full press release

ArcelorMittal Europe 2Q2016: significantly higher operating profit compared to 1Q

Luxembourg, 29-Jul-2016 — /EuropaWire/ — ArcelorMittal Europe has reported its second quarter 2016 results, with a €340m operating profit for the three months to 30 June 2016 – significantly higher than the €77m operating profit reported in the first quarter … Read the full press release

The European Investment Fund (EIF) and the National Bank of Greece S.A. (NBG) signed the first COSME guarantee agreement in Greece

LUXEMBOURG, 18-Jul-2016 — /EuropaWire/ — The European Investment Fund (EIF) and the National Bank of Greece S.A. (NBG) have signed the first COSME guarantee agreement in Greece, benefiting from the support of the European Fund for Strategic Investments (EFSI), the heart … Read the full press release