Lundbeck will make an upfront payment of EUR 100 million and the deal terms also include up to EUR 805 million in development, regulatory and sales milestones Foliglurax is a first-in-class treatment which entered clinical phase II testing in Parkinson’s … Read the full press release
Posted in Business, Denmark, Netherlands, Pharma & Biotech
Tagged acquisition, Anders Götzsche, dopaminergic, dyskinesia, Foliglurax, H. Lundbeck A/S, Parkinson's, Prexton Therapeutics BV, PTX002331
STOCKHOLM, 19-Mar-2018 — /EuropaWire/ — Hexagon AB, a leading global provider of information technology solutions, announced today the acquisition of AGTEK, a leading US based software company specialising in planning and productivity solutions for the heavy civil construction industry. With headquarters in Livermore, California, … Read the full press release
Posted in Business, Construction, Industrial, Sweden
Tagged acquisition, AGTEK, civil construction, construction, heavy civil construction industry, Hexagon AB, Ola Rollén, software, software compan
PARIS, 19-Mar-2018 — /EuropaWire/ — On March 14, 2018, Icade Promotion and REI Habitat signed a co-development partnership agreement with respect to several wood-based construction projects over the next few years in the Paris region and major French cities. Their goals … Read the full press release
Posted in Business, Construction, France, Management, Real Estate
Tagged building, construction, developer, France, Icade Promotion, REI Habitat, wood construction, wood economy, wooden house
SGS today publishes its ninth annual Sustainability Report. This report is aligned with the Global Reporting Initiative’s (GRI) G4 reporting framework at “Comprehensive” level, and it provides a detailed account of our sustainability approach. GENEVA, 19-Mar-2018 — /EuropaWire/ — For the … Read the full press release
Posted in Business, Environment, Industrial, Management, Switzerland
Tagged carbon neutral, Frankie Ng, greenhouse, greenhouse gas emissions, human rights, LTIR, SGS, sustainability, TRIR, volunteering
OSLO/ KRIENS, 19-Mar-2018 — /EuropaWire/ — Glamox AS (“Glamox”), a Triton Fund IV company, has entered into an agreement to acquire all equity interest of O. Küttel AG (“Küttel”), a leading Swiss provider of lighting for the professional building market from … Read the full press release
Bois-Colombes, France, 16-Mar-2018 — /EuropaWire/ — According to Coface, China and Japan are becoming competitors for trade and investment in the Asia Pacific region. Coface’s report, entitled “Clash of the Titans: China’s rise fuels competition with Japan’s interests in Asia”, reveals … Read the full press release
Posted in Business, Economy, France, Industrial, Insurance
Tagged Asia-Pacific, Chinese investments, COFACE, commodity, Export, importers, investments, Japanese corporate interests, trade
NIB and the Norwegian dairy company Tine SA have signed a loan agreement of NOK 400 million (EUR 42 million), with a 12-year maturity, on financing the construction of Tine’s new dairy in Bergen, Norway. In order to save energy, waste … Read the full press release
Posted in Agriculture, Banks, Business, Financial, Finland, Food & Beverage, Norway
Tagged Bergen, construction, dairy, loan, NIB, Norway, Tine SA
On March 7th, Altor Fund IV (“Altor”) signed an agreement to acquire a majority ownership in the largest accounting and consulting firm in Sweden, LRF Konsult AB (“LRF Konsult”). STOCKHOLM, 15-Mar-2018 — /EuropaWire/ — LRF Konsult offers services within accounting, … Read the full press release
Posted in Business, Investment, Management, Sweden
Tagged accounting, acquisition, Altor Fund IV, Anders Källström, consulting, consulting firm, Harald Mix, Katarina Klingspor, LRF Konsult AB
Acquisition to accelerate growth in advanced composites for both companies Almelo, The Netherlands, 15-Mar-2018 — /EuropaWire/ — Koninklijke Ten Cate B.V. (“TenCate”) today announces it has reached an agreement with integrated chemicals and materials group Toray Industries Inc. (“Toray”) on … Read the full press release
New contract deepens relationship and boosts Turksat’s existing regional Ka-band capacity LONDON, 15-Mar-2018 — /EuropaWire/ — Global satellite communications provider Inmarsat is set to strengthen its relationship with Turksat by signing a Global Xpress (GX) partnership contract to boost the Turkish … Read the full press release
Posted in Business, Internet & Online, Technology, Telecom, Turkey, United Kingdom
Tagged Andy Start, broadband, Cenk Sen, Global Xpress, Inmarsat, Ka-band capacity, Mobile, Peter Hadinger, Satellite2018, Turksat
MANCHESTER, 15-Mar-2018 — /EuropaWire/ — The Co-op serves-up a new food store in Market Harborough following a £1.9M investment creating 15 jobs. The Leicester Road store launches on Thursday, 15 March, with representatives from Market Harborough Primary Academy and the Market Harborough Fire … Read the full press release
Posted in Business, Food & Beverage, Investment, Retail, United Kingdom
Tagged Asha Scarlett, Co-op, FOOD, food store, grocer, Market Harborough, retail, Richard Kozial, store
MADRID, 14-Mar-2018 — /EuropaWire/ — Torresol Energy, a company created by the engineering and technology group SENERand the alternative energy company from Abu Dhabi MASDAR to promote the technological development, construction, operation and maintenance of large solar power plants, owner of the innovative plants Gemasolar–a … Read the full press release
Posted in Business, Energy, Gas & Oil, Infrastructure & Utilities, Management, Spain, Technology
Tagged alternative energy, clean energy, Enrique de Sendagorta, Masdar, power, SENER, Solar, solar power, Torresol Energy
STOCKHOLM, 13-Mar-2018 — /EuropaWire/ — Patricia Industries, a part of Investor AB, has signed an agreement with Water Street Healthcare Partners and Sarnova founder Matthew D. Walter to acquire Sarnova Holdings, Inc., the leading U.S. specialty distributor of healthcare products in … Read the full press release
Abu Dhabi (UAE), 12-Mar-2018 — /EuropaWire/ — Eni signed today in Abu Dhabi two Concession Agreements for the acquisition of a 5% stake in the Lower Zakum offshore oil field and of a 10% stake in the oil, condensate and gas … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Italy
Tagged Claudio Descalzi, concession, Eni, gas, gas offshore fields, H.E. Dr Al Jaber, Lower Zakum, Nasr, offshore oil, offshore oil field, oil, UAE, Umm Shaif
GENEVA, 09-Mar-2018 — /EuropaWire/ — The International Air Transport Association (IATA) announced that Norway became the first market to implement the New Generation of IATA Settlement Systems (NewGen ISS). NewGen ISS was adopted by the Passenger Agency Conference (PAConf) in November … Read the full press release
Posted in Business, Norway, Switzerland, Transportation & Logistics, Travel
Tagged airlines, Aleks Popovich, IATA, IATA Settlement Systems, Norway, settlement, Travel Agents
PARIS, 09-Mar-2018 — /EuropaWire/ — Total announces the closing of the Maersk Oil acquisition signed on 21st of August 2017. It brings to Total around 1 billion barrels of oil equivalent of 2P/2C reserves and resources, mainly in the OECD … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, France, Industrial
Tagged acquisition, barrels, North Sea, oil, Patrick Pouyanné, Total
SME business climate drops moderately as expectations decline But SMEs still rate their current situation better than ever Large enterprises are clearly less optimistic Growth rate is on the way back to normality Frankfurt am Main, 09-Mar-2018 — /EuropaWire/ — After … Read the full press release
Posted in Banks, Business, Financial, Small Business
Tagged business climate, Dr Jörg Zeuner, economy, GROWTH, KfW, SME, SME Barometer
Zurich Insurance Group (Zurich) announced today that the Board of Directors will propose to shareholders to elect Jasmin Staiblin to the Board for a one year term of office. The election will take place at the Annual General Meeting on … Read the full press release
Posted in Business, Insurance, Management, Switzerland
Tagged AGM, Board of Directors, insurance, Jasmin Staiblin, leadership, Tom de Swaan, Zurich Insurance Group
EBIT increases by 7.2% to EUR 3.74 billion Group revenue up by 5.4% to EUR 60.4 billion Dividend increase to EUR 1.15 per share proposed Forecast for 2018: EBIT set to increase to about EUR 4.15 billion, EBIT target for … Read the full press release
Posted in Business, Germany, Transportation & Logistics
Tagged Deutsche Post DHL Group, dividend, EBIT, eCommerce, Frank Appel, parcel, Post, profit, revenue
Second place in the European Patent Office’s application rankings for 2017 About 19 percent more applications filed in Europe than in the prior year 7,450 inventions worldwide in fiscal 2017 – 34 inventions per day MUNICH, 07-Mar-2018 — /EuropaWire/ — … Read the full press release
Posted in Business, Germany, Technology
Tagged Beat Weibel, EPO, INNOVATION, inventions, patent applications, Patents, Siemens
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