Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Lloyds Bank Cyber Beyond IT event: Eight in ten UK business leaders very concerned about the financial implications of a cyber-attack on their business

Lloyds Bank cyber event finds that only a third of businesses have a financial plan in place in the event of a cyber attack But over a third would pay a ransom to get their systems and data back Only … Read the full press release

ArcelorMittal Chairman Lakshmi Mittal: We believe that ArcelorMittal, together with NSSMC, has the most relevant credentials and experience and is the most credible owner for Essar Steel

LUXEMBOURG, 05-Apr-2018 — /EuropaWire/ — ArcelorMittal and Nippon Steel & Sumitomo Metal Corporation (‘NSSMC’) announce that ArcelorMittal’s subsidiary ArcelorMittal India Private Limited (‘AMIPL’) has today submitted an offer in the re-bidding process for Essar Steel India Limited (‘Essar Steel’) in connection … Read the full press release

SIGNA: Procter & Gamble (P&G) signs long-term rental contract and moves into THE ICON VIENNA

One of the largest consumer goods companies in the world, Procter & Gamble (P&G), are concluding a long-term rental contract and moving into THE ICON VIENNA, a SIGNA project at the Vienna Central Railway Station. The new Austrian headquarters of … Read the full press release

Newcastle, Durham, Northumbria and Sunderland universities to make a step change in delivering research to the marketplace

The North East’s universities are joining forces to commercialise research and boost the region’s economy after a Minister announced £4.9m in Government funding. NEWCASTLE, 03-Apr-2018 — /EuropaWire/ — The Connecting Capability Fund (CCF) award, made by Research England, will see Newcastle, … Read the full press release

Nikken Sekkei and GRAPHISOFT extend partnership for the promotion of BIM from 2018 to 2022

TOKYO, Japan, 03-Apr-2018 — /EuropaWire/ — Nikken Sekkei and GRAPHISOFT have reached an agreement to continue and extend their strategic partnership for the promotion of BIM from 2018 to 2022 – originally launched in 2013 – with a special focus … Read the full press release

Shop Direct to use SAS Contextual Analysis to deepen its real-time insight into customer buying behaviour

SAS helps online retailer make sure customers keep coming back for more Marlow, UK, 02-Apr-2018 — /EuropaWire/ — Shop Direct, the UK’s second biggest online pure-play retailer, has extended its relationship with SAS to further improve customer engagement and strengthen loyalty. Shop Direct … Read the full press release

Arla Foods to sell its cheese production site in Sonthofen, Germany to dairy company Allgäuer Hof-Milch GmbH

Viby J, Denmark, 30-Mar-2018 — /EuropaWire/ — European dairy co-operative Arla Foods plans to sell its cheese production site in Sonthofen, Germany to German-based dairy company Allgäuer Hof-Milch GmbH. Both companies have signed a letter of intent and aim to finalize … Read the full press release

Deutsche Bank enters into agreement with ABANCA for the sale of its Private & Commercial Banking business in Portugal

FRANKFURT AM MAIN, 28-Mar-2018 — /EuropaWire/ — Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) announced today that it has entered into an agreement to sell its local Private & Commercial Banking business in Portugal to ABANCA Corporación Bancaria S.A. (ABANCA). With … Read the full press release

Mono Solutions and Orange partner to expand digital services for SMBs in France

COPENHAGEN, 28-Mar-2018 — /EuropaWire/ — Mono Solutions and Orange have partnered to help small- and medium-sized businesses (SMBs) in France with more digital services to grow their business. Orange, a leading telecommunications company, has chosen to use the Mono Platform … Read the full press release

Xavier Dedullen appointed Senior VP, Chief Legal Officer and Head of Legal Affairs & Compliance at Ericsson

Xavier Dedullen is appointed Senior Vice President, Chief Legal Officer and Head of Group Function Legal Affairs & Compliance, and member of Ericsson’s Executive Team, effective April 1, 2018 Erik Ekudden, Chief Technology Officer, is appointed Senior Vice President, Chief … Read the full press release

Ericsson to modernize and expand Melita network as it moves towards 5G

Leading Maltese network service provider, Melita, selects Ericsson to modernize and expand its network and prepare for 5G Next-generation services and capabilities to significantly improve user experience Agreement includes Ericsson Radio System (ERS); modernization and expansion of Ericsson virtual Evolved … Read the full press release

Ericsson, Vertiv and NorthStar to form the Ericsson Energy Alliance

The alliance comprises Ericsson, Vertiv and NorthStar – with more members to follow Service providers will benefit from the cost-efficient, environmental and sustainability aspects offered by this partnership The alliance addresses the service providers’ needs on radio site evolution towards … Read the full press release

Atos and Siemens to accelerate their joint innovation and investment program

Successful strategic cooperation with Atos, which started in 2011, to be further expanded  Joint innovation and investment program extended by an additional €100 million, totaling €330 million  Joint order intake of € 2.5 billion to date, overachieving all expectations  Ambition … Read the full press release

Carmeuse and GP Group subsidiary Golden Lime PLC acquires Saraburi Quicklime, Thailand’s fourth largest lime company

Deal signals first ever acquisition among lime producers in Thailand  Bangkok, Thailand, 27-Mar-2018 — /EuropaWire/ — Golden Lime Public Company Limited (SET: SUTHA), a subsidiary of the Carmeuse and GP Group announced today the acquisition of a 99.9% stake in … Read the full press release

Symrise will present its products at agrofood in Lagos, Nigeria from March 27 to 29, 2018

The company exhibits at the Nigeria agrofood trade show Products for customers in West Africa Holzminden, Germany, 26-Mar-2018 — /EuropaWire/ — Symrise is boosting its operations in the West African market. The global supplier of fragrances and flavorings will present its … Read the full press release

Siemens Gamesa AGM: shareholders approve FY 2017 financials; ratified the company’s management since the merger

Tacke underscored the company’s commitment to Spain and, specifically, the Basque region, home to Siemens Gamesa’s headquarters  “The rationale of our merger brings us a great competitive advantage, unlocking our size and scale; our unmatched business and geographic diversification; our … Read the full press release

Kuehne + Nagel extends overland pharma cross dock platform in Contern, Luxembourg

Extension of the European overland pharma cross dock platform in Luxembourg for more frequent departures and faster transit times Complete coverage to all European destinations Enhanced real time monitoring solutions for temperature sensitive pharma shipments Contern, Luxembourg, 26-Mar-2018 — /EuropaWire/ … Read the full press release

BT to close its defined benefit pension scheme

Future pension benefits for active BT Pension Scheme members to move to an enhanced defined contribution scheme BT agrees with Communication Workers Union to establish a ‘hybrid’ pension scheme, combining elements of both defined benefit and defined contribution schemes Changes … Read the full press release

Rio Tinto launches bond purchase and redemption plan for up to $2.25 billion

LONDON, 22-Mar-2018 — /EuropaWire/ — Rio Tinto will use some of its surplus liquidity to further reduce gross debt, today launching a bond purchase and redemption plan for up to $2.25 billion. Under the plan, Rio Tinto has issued redemption notices … Read the full press release

Rio Tinto to sell its entire interests in Hail Creek coal mine and Valeria coal development project in Australia to Glencore

LONDON, 22-Mar-2018 — /EuropaWire/ — Rio Tinto has entered into a binding agreement with Glencore for the sale of its entire interests in the Hail Creek coal mine and the Valeria coal development project in Queensland, Australia, for $1.7 billion. The … Read the full press release