Category Archives: Business

Business Press Releases & News distributed via EuropaWire

BEWi Group AB to acquire Synbra Holding B.V. from a consortium led by Gilde Buy Out Partners

Etten-Leur, the Netherlands and Solna, Sweden, 19-Feb-2018 — /EuropaWire/ — BEWi Group AB (“BEWi”) today announced that it has submitted a binding offer to acquire Synbra Holding B.V. (“Synbra”), a leading manufacturer of particle foam products for thermal (building and construction) and … Read the full press release

Co-op to open a record number of 30 new food stores in London

MANCHESTER, 16-Feb-2018 — /EuropaWire/ — Co-op is ramping up its investment in London this year, as it prepares to open a record number of 30 new food stores and refresh seven from its current portfolio in the region. The £28million investment forms … Read the full press release

Centrica plc rolls out its distributed energy and power proposition in North America

We’re launching our distributed energy and power proposition in North America under the new Centrica Business Solutions banner. WINDSOR, 15-Feb-2018 — /EuropaWire/ — Centrica plc has today launched its distributed energy and power proposition in North America under the new Centrica Business … Read the full press release

Centrica launches online-only electricity service for SMEs

Centrica ramps up competition by launching its first low cost, online-only electricity product for SMEs WINDSOR, 15-Feb-2018 — /EuropaWire/ — Centrica has launched British Gas Lite – a new electricity service that supplies smart meters and is entirely online. Centrica identified … Read the full press release

Science and Technology Facilities Council (STFC) and Lawrence Livermore National Laboratory (LLNL) cooperate on big data to boost industrial productivity and innovation

SWINDON, 14-Feb-2018 — /EuropaWire/ — American and British business is expected to benefit from a new collaboration agreement signed today between leading US and UK research laboratories. The deal focuses on translating high performance computing techniques widely used in academia into … Read the full press release

Changes at the Supervisory Board of Volkswagen Aktiengesellschaft

WOLFSBURG, 13-Feb-2018 — /EuropaWire/ — The Supervisory Board of Volkswagen Aktiengesellschaft is to receive a competent addition in the person of manager Marianne Heiß (45). A corresponding proposal will be submitted to the shareholders at the Annual General Meeting in Berlin … Read the full press release

German Association of the Automotive Industry (VDA): In 2018 the Indian passenger car market will overtake the German market in terms of volume for the first time

Statement delivered by Klaus Bräunig, Managing Director of the German Association of the Automotive Industry (VDA), at the press conference at the German pavilion in New Delhi, India, on Wednesday, Feb. 8, 2018, at 11.30 h local time New Delhi, … Read the full press release

DNV GL selected as technical advisor to a group of institutional lenders with Walney Extension wind farm investment

Technical advisor’s due diligence enabled lenders to gain an understanding of the technical risk profile of the offshore wind project LONDON, 12-Feb-2018 — /EuropaWire/ — DNV GL, the world’s largest independent energy advisory and certification body, secured a leading role as … Read the full press release

Hapag-Lloyd strengthens presence in Ghana with the opening of its own new office in Tema

Presence in West Africa expanded / Investments in growing markets HAMBURG, 12-Feb-2018 — /EuropaWire/ — On February 1, 2018, Hapag-Lloyd moved into its own new office in Tema, the most important port city in Ghana. Effective immediately, the company will be … Read the full press release

Inflexion Private Equity: Ocorian to acquire ABAX Holding Limited based in Mauritius

LONDON, 12-Feb-2018 — /EuropaWire/ — Inflexion Private Equity is pleased to announce that its portfolio company Ocorian, a leading global financial services firm, has entered into an agreement to acquire ABAX Holding Limited (“ABAX”), an integrated advisory, corporate and business services provider … Read the full press release

Ferrovial subsidiary in Australia Broadspectrum appoints Nick Miller as CEO

MADRID, 12-Feb-2018 — /EuropaWire/ — Broadspectrum, the Australian subsidiary of Ferrovial Services, has appointed Nick Miller to the position of Chief Executive Officer; he will fully assume these functions in May. Since 2010, Miller has been Managing Director of Fulton Hogan, a construction and services … Read the full press release

Rolls-Royce signs contracts with Singapore Airlines for Trent 1000 and Trent 700 engines

Westhampnett, United Kingdom, 09-Feb-2018 — /EuropaWire/ — Rolls-Royce today signed contracts with Singapore Airlines at the Singapore Airshow covering Trent 1000 and Trent 700 engines. Singapore Airlines formally confirmed a $1.7bn order for Trent 1000 engines to power 19 Boeing … Read the full press release

CurveGlobal secures additional £20 million in financing

£20 million raised in platform’s latest funding round Demonstrates customer commitment to CurveGlobal Secures platform’s long-term growth and product development, supporting modernisation of the futures market Open access model contributes to over 300% rise in open interest on platform in … Read the full press release

London Stock Exchange Group’s SME support programme ELITE launches in Saudi Arabia

ELITE and Monsha’at (Saudi Small & Medium Enterprises Authority) partner to launch business support & capital raising programme in Saudi Arabia   First ELITE partnership in the Middle East, following launches in Brazil and China in 2017 Kingdom unveils first group … Read the full press release

ZEISS and Deutsche Telekom expand their partnership for Smart Glasses

The two partners each hold a 50 percent stake in the joint venture that will drive the development of Smart Glasses technology in the areas of optics and connectivity. The goal of the joint venture is to evolve the components … Read the full press release

Jordan to host EBRD’s 27th Annual Meeting and Business Forum

LONDON, 07-Feb-2018 — /EuropaWire/ — Jordan’s Minister of Planning and International Cooperation, Imad Fakhoury, and EBRD Secretary General, Enzo Quattrociocche, today signed a Memorandum of Understanding for the organisation of the Bank’s 27th Annual Meeting and Business Forum, which will be held … Read the full press release

Cisco, Apple, Aon and Allianz announce new solution that covers the primary dimensions of cyber protection for businesses

Cisco, Apple, Aon and Allianz have announced a new cyber risk management solution for U.S. businesses, comprised of cyber resilience evaluation services from Aon, the most secure technology from Cisco and Apple, and options for enhanced cyber insurance coverage from … Read the full press release

Allianz strengthens its presence in the Sri Lankan life insurance industry with the acquisition of Janashakthi General Insurance Limited

Allianz, the global financial services leader, announced that it has entered into an agreement with Janashakthi Insurance PLC (“JINS”) to acquire 100 percent of its subsidiary Janashakthi General Insurance Limited (“JGIL”) for 16.4 billion Sri Lankan rupees (85.9 million euros).  … Read the full press release

Generali completes the sale of Generali Nederland N.V. to ASR Nederland N.V.

TRIESTE, 06-Feb-2018 — /EuropaWire/ — Assicurazioni Generali SpA announces that it has completed the sale of its entire shareholding in Generali Nederland N.V. (and its subsidiaries) to ASR Nederland N.V., one of the leading insurance groups operating in Holland. This … Read the full press release

Professor Catia Montagna appointed Jaffrey Chair of Political Economy at the University of Aberdeen Business School

ABERDEEN, 05-Feb-2018 — /EuropaWire/ — A leading economist has been appointed Jaffrey Chair of Political Economy at the University of Aberdeen Business School, becoming only the sixth person to hold the prestigious role since it was established nearly a century ago. … Read the full press release