Category Archives: Business

Business Press Releases & News distributed via EuropaWire

New VELUX roof window wins design award

Posted on 22, November 2012 by

22-11-2012 — /europawire.eu/ — The new generation of remote-controlled roof windows from the VELUX Group has been awarded the Design Award at Ingeniørens Produktpris 2012. One of the reasons for the Danish trade magazine’s selection was that VELUX INTEGRA® roof window allows … Read the full press release →

Posted in Awards, Business, Construction, Denmark, Industrial, Marketing, Media

ABLV Bank results in Q3 2012

Posted on 22, November 2012 by

Riga, Latvia, 22-11-2012 — /europawire.eu/ — Q3 2012 was very successful for ABLV Group. The business volume and all major performance indicators continued to grow. The bank’s profit amounted to LVL 10.9 million (EUR 15.4 million). In Q3 we continued gradually substituting long-term … Read the full press release →

Posted in Banks, Business, Financial, Latvia

adidas Group Nine Months 2012 Results

Posted on 22, November 2012 by

Group sales increase 8% on a currency-neutral basis Net income attributable to shareholders up 22% to € 798 million adidas Group to achieve record sales and earnings in 2012 and 2013  adidas and TaylorMade-adidas Golf currency-neutral sales up 12% and … Read the full press release →

Posted in Business, Financial, Germany, Sports

£20 million eco-hotel opens at The University of Nottingham

Posted on 22, November 2012 by

22-11-2012 — /europawire.eu/ — A stunning new eco-friendly hotel, ‘The Orchard’, has opened for business on The University of Nottingham’s award-winning main campus. Designed to complement the University-owned De Vere Venues East Midlands Conference Centre next door, the £20 million hotel complex will provide … Read the full press release →

Posted in Business, Construction, Education, Travel, United Kingdom

State aid: Commission finds sale of LOT Polish Airlines’ subsidiaries did not involve state aid

Posted on 22, November 2012 by

Brussels, 22-11-2012 — /europawire.eu/ — The European Commission has concluded that the sale of LOT Services, LOT Catering and LOT Airport Maintenance Services, subsidiaries of LOT Polish Airlines, was carried out on market terms and did therefore not involve state aid in the meaning of … Read the full press release →

Posted in Aviation & Aerospace, Belgium, Business, European Union, Financial, Government, Law, Poland

BP, Rosneft and Rosneftegaz Sign Definitive Agreements Relating to the Sale of BP’s Interest in TNK-BP and BP’s Investment in Rosneft

Posted on 22, November 2012 by

22-11-2012 — /europawire.eu/ — BP, Rosneft and Rosneftegaz — the state-owned parent company of Rosneft — have signed definitive and binding sale and purchase agreements (SPAs) for the sale of BP’s 50 per cent interest in TNK-BP to Rosneft and BP’s investment … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Russia, United Kingdom

State aid: the Commission approves a new Spanish scheme for the early depreciation of assets acquired via finance leases

Posted on 22, November 2012 by

Brussels, 22-11-2012 — /europawire.eu/ — The European Commission has ruled that the new Spanish system for the early depreciation of the cost of certain assets acquired through finance leasing does not constitute state aid under EU rules, inter alia because it is not selective. Joaquín … Read the full press release →

Posted in Banks, Belgium, Business, European Union, Financial, Government, Law, Spain

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The Banking Union must be set up urgently

Posted on 22, November 2012 by

22-11-2012 — /europawire.eu/ — Since the onset of the banking crisis, the European Economic and Social Committee (EESC) has advocated greater integration and harmonisation of the regulatory system governing European banks. In light of the current negotiations on the Banking Union and … Read the full press release →

Posted in Banks, Belgium, Business, Economy, European Union, Financial, Government

Mergers: Commission approves acquisition of German kitchen manufacturer Alno by Whirlpool

Posted on 22, November 2012 by

Brussels, 22-11-2012 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the German kitchen manufacturer Alno AG by the US household appliances company Whirlpool Corporation. The Commission’s investigation showed that there were enough alternative suppliers … Read the full press release →

Posted in Business, Electronics & Machinery, European Union, Financial, Germany, Government, Investment, Law

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Mergers: Commission approves joint acquisition of HDI Poland by Talanx and Meiji Yasuda Life Insurance

Posted on 22, November 2012 by

Brussels, 22-11-2012 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of joint control over two Polish insurance companies HDI Asekuracja S.A and HDI-Gerling Życie S.A by Talanx International AG and Meiji Yasuda Life Insurance Company, respectively a German … Read the full press release →

Posted in Business, European Union, Germany, Insurance, Investment, Law, Poland

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The SLOVNAFT Group earned profits in the first three quarters of the year, results were improved thanks to exports

Posted on 22, November 2012 by

22-11-2012 — /europawire.eu/ — SLOVNAFT Group has earned a net operating profit of EUR 50 million excluding the reevaluation of reserves, in the first three quarters of this year. During the same period last year, the company’s loss reached EUR 7 million. … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Slovakia

The first e-vehicles and recharging points of Zem2All project delivered

Posted on 22, November 2012 by

• Zem2All is a pilot project designed to gauge usage by drivers of electric vehicles in Malaga and provide an in-depth study of the impact of these vehicles on the grid. • Zem2all has set up a telephone hotline (902 … Read the full press release →

Posted in Automotive, Business, Electronics & Machinery, Energy, Gas & Oil, Environment, Spain, Technology

The University of Nottingham recognised as one of Britain’s leading businesses in China

Posted on 21, November 2012 by

21-11-2012 — /europawire.eu/ — The University of Nottingham’s work in building Sino-UK links received high praise at a prestigious national awards ceremony held today in Shanghai. The British Business Awards is an awards programme organised by the British Chambers of Commerce in … Read the full press release →

Posted in Awards, Business, Education, International Trade, United Kingdom

Environmental efficacy rewarded with the 2012 Swedish Steel Prize

Posted on 21, November 2012 by

21-11-2012 — /europawire.eu/ — This year, the Swedish Steel Prize has been awarded to A-Ward Attachments Ltd. of New Zealand. The company has designed a flexible system using high-strength steel which compresses and packs metallic scrap in containers. The aim of the … Read the full press release →

Posted in Awards, Business, Environment, Metals and Minerals, Sweden, Technology

Digital Agenda: Tech CEOs and leaders kickstart new EU cloud computing board

Posted on 21, November 2012 by

Brussels, 21-11-2012 — /europawire.eu/ — The Steering Board of the new European Cloud Partnership (ECP) met for the first time in Brussels today, kicking-off a process where public authorities and industry work together to help building the EU Digital Single Market for cloud computing pursuant … Read the full press release →

Posted in Belgium, Business, European Union, Internet & Online, Technology, Telecom

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Belgacom finalizes the sale of 25 The Phone House points-of-sale and the activity related to 32 shop-in-shops to YourCall.

Posted on 21, November 2012 by
Belgacom finalizes the sale of 25 The Phone House points-of-sale and the activity related to 32 shop-in-shops to YourCall

21-11-2012 — /europawire.eu/ — Early January 2012, Belgacom acquired Wireless Technology owning a chain of The Phone House stores in Belgium. The Belgian Competition Council approved the acquisition but accommodated its approval with the obligation to divest a number of The Phone House points-of-sale, … Read the full press release →

Posted in Belgium, Business, Retail, Technology, Telecom

State aid: Commission approves amendments to the restructuring plan of ING

Posted on 21, November 2012 by

Brussels, 21-11-2012 — /europawire.eu/ — Following an agreement between the European Commission and The Netherlands, the Commission has approved an amended restructuring plan of the Dutch-based financial institution ING under EU state aid rules. ING agreed to a fixed repayment schedule and revamped … Read the full press release →

Posted in Banks, Belgium, Business, European Union, Financial, Government, Law, Netherlands

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Taking EU-Peru Trade Relations to the Next Level

Posted on 21, November 2012 by

Karel De Gucht – European Commissioner for Trade Remarks to the European business community in Peru Lima, Peru, 21-11-2012 — /europawire.eu/ — Ladies and gentlemen, We are together this morning at a very important moment for the relationship between Peru and the European Union. … Read the full press release →

Posted in Business, European Union, Government, International Trade

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EIB celebrating the 4th Microfinance Award

Posted on 20, November 2012 by
4th European Microfinance Award Programme Presentation of three finalists of the 4th European Microfinance ASKI, from The Philippines; Banco FIE, from Bolivia and Kompanion from the Kyrgyz Republic. here with Her Royal Highness The Grand Duchess of Luxembourg and Prof. Muhammad Yunus, Chairman of Yunus Centre, Dhaka, Bangladesh Luxembourg 11/15/2012

20-11-2012 — /europawire.eu/ — During European Microfinance Week, held 14-16 November 2012 in Luxembourg, the 4th European Microfinance Award was presented to the Philippine organization Alay Sa Kaunlaran Inc. (ASKI) for their efforts to support the local Philippine agricultural sector. The European … Read the full press release →

Posted in Agriculture, Awards, Banks, Business, European Union, Financial, Government, Investment, Luxembourg, Small Business, Society

University celebrates 60 Knowledge Transfer Partnerships with business

Posted on 20, November 2012 by

20-11-2012 — /europawire.eu/ — Companies from across the region recently attended an event at The University of Nottingham to celebrate the work of the 60 businesses that have benefitted from taking part in the Knowledge Transfer Partnership scheme. The Knowledge Transfer Partnership … Read the full press release →

Posted in Business, Education, Science, Technology, United Kingdom