Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Iberdrola 1H-2020: €1.84 billion net profit; reaffirms its guidance for the end of the year

(PRESS RELEASE) BILBAO, 22-Jul-2020 — /EuropaWire/ — Spanish multinational electric utility company Iberdrola has announced its first half of 2020 results including guidance for the entire 2020. Commenting on the results, Ignacio Galán, CEO of Iberdrola, said that the company … Read the full press release

Covestro announces the extension of contract of Board Member and CFO Dr. Thomas Toepfer until 2026

(PRESS RELEASE) LEVERKUSEN, 20-Jul-2020 — /EuropaWire/ — German producer of specialty chemicals, Covestro AG announces the decision of its Supervisory Board to extend the contract of Board of Management member Dr. Thomas Toepfer earlier than scheduled by five years from … Read the full press release

Arkema acquires high-performance thermobonding adhesive powders specialist Fixatti

(PRESS RELEASE) COLOMBES, France, 20-Jul-2020 — /EuropaWire/ — Specialty chemicals and advanced materials company, Arkema announces the proposed acquisition of Fixatti, a company specialized in high-performance thermobonding adhesive powders. The acquisition is part of Bostik’s targeted growth strategy in high … Read the full press release

Aviva sells 76% shareholding in Friends Provident International Limited (“FPIL”) to International Financial Group Limited (“IFGL”) for £259 million

(PRESS RELEASE) LONDON, 16-Jul-2020 — /EuropaWire/ — British multinational insurance company, Aviva plc (“Aviva”) announces the closing of the sale of Friends Provident International Limited (“FPIL”) to RL360 Holding Company Limited (“RL360”), a subsidiary of International Financial Group Limited (“IFGL”). … Read the full press release

Total 2019 dividend: 62% of rights were exercised in favour of receiving the payment for the final 2019 dividend in shares

(PRESS RELEASE) PARIS, 14-Jul-2020 — /EuropaWire/ — French energy group Total has announced the results of the option to receive the final 2019 dividend in shares. The company’s shareholders meeting which was held on May 29, 2020, offered the option … Read the full press release

New fully integrated telecommunications operator in Australia now formed: Vodafone Hutchison Australia Pty Limited (VHA) and TPG Telecom Limited (TPG) merger completed

(PRESS RELEASE) BERKSHIRE, 13-Jul-2020 — /EuropaWire/ — British multinational telecommunications company Vodafone Group Plc has announced that the merger between Vodafone Hutchison Australia Pty Limited (VHA) and TPG Telecom Limited (TPG) have now been completed. The newly formed entity will … Read the full press release

Promozione Alberghiera and MARR unveil operational plan to help hoteliers make a better use of the tax credit called The Holiday Bonus

(PRESS RELEASE) RIMINI, 10-Jul-2020 — /EuropaWire/ — Italy’s largest hotels cooperative Promozione Alberghiera and MARR S.p.A., a major distributor of food products for out-of-home food consumption controlled by the Cremonini Group, have announced a solution aimed at helping tourist operators … Read the full press release

Mono and Brandify partner to bring appointment booking to local businesses

(PRESS RELEASE) COPENHAGEN, 10-Jul-2020 — /EuropaWire/ — Mono Solutions announces their partnership with Brandify, the leader in local presence for multi-location brands, to bring appointment booking to local businesses across North America. With more than 20 years of experience providing … Read the full press release

EQT Infrastructure IV’s Asia Pacific Village Group Limited to acquire Metlifecare, major retirement villages operator

APVG, an entity owned by EQT Infrastructure has entered into a new Scheme Implementation Agreement to acquire 100 percent of Metlifecare’s shares The transaction consideration of NZD 6.00 per share gives a total consideration of approximately NZD1.3 billion Metlifecare’s largest … Read the full press release

Axel Springer overhauls its News Media National organization; simplifies structure with clear executive responsibilities that places journalism at its core

(PRESS RELEASE) BERLIN, 10-Jul-2020 — /EuropaWire/ — Europe’s largest digital publishing house Axel Springer SE has announced a reorganization of its News Media National structure where editorial capacities and brand-specific publishing divisions will be bundled while Editors-in-Chief of BILD and … Read the full press release

Rolls-Royce 1H 2020: historic shock in civil aviation due to COVID-19 which will take several years to recover

(PRESS RELEASE) LONDON, 9-Jul-2020 — /EuropaWire/ — Rolls-Royce Holdings plc (LEI: 213800EC7997ZBLZJH69) has announced its trading update on the first half 2020. According to the company’s CEO Warren East the COVID-19 pandemic has created a historic shock in civil aviation … Read the full press release

bp to supply 300,000 tonnes per year of pipeline gas re-gasified from LNG in Guangdong for Chinese ENN Group

Integrating international gas value chains to create lower carbon energy solutions for China (PRESS RELEASE) LONDON, 9-Jul-2020 — /EuropaWire/ — Multinational oil and gas company bp has announced that it has signed a gas supply agreement with ENN Group (ENN), … Read the full press release

SMEs delivered 80% of the supplies and services for the new bridge in Genoa

(PRESS RELEASE) MILAN, 9-Jul-2020 — /EuropaWire/ — Leading construction group, with focus on large and complex projects, Webuild, formerly Salini Impregilo, has announced that almost 330 small and medium sized companies from across Italy provided more than €160 million in … Read the full press release

Schneider Electric announces two-year sponsorship of Master of Law and Business Ethics at CY Cergy Paris University

Schneider Electric continues to pursue its objective towards innovation in terms of Ethics applied to its activities by becoming the 8th Sponsor of this course The sponsorship will be supervised by Audrey Morin, Schneider Electric’s Group Compliance Director, and Roxana … Read the full press release

Kuehne+Nagel helps German toy manufacturer Schleich neutralise its entire sea freight CO2 footprint

German toy manufacturer Schleich now handles its sea freight on a CO2 neutral basis with Kuehne+Nagel Current market environment does not prevent customers from addressing the CO2 emissions of their supply chains With Net Zero Carbon, Kuehne+Nagel offers a complete … Read the full press release

Environmental projects and SMEs in Denmark to benefit from new NIB and Ringkjøbing Landbobank cooperation

(PRESS RELEASE) HELSINKI, 6-Jul-2020 — /EuropaWire/ — International financial institution NIB announces signing of a ten-year loan agreement with Danish Ringkjøbing Landbobank (RLB) for onlending to environmental projects and to small and medium-sized enterprises in Denmark. A substantial part of … Read the full press release

Imerys announces the appointment of Olivier Pirotte as Director of the Strategy and Mergers & Acquisitions and Sébastien Rouge as Chief Financial Officer

(PRESS RELEASE) PARIS, 3-Jul-2020 — /EuropaWire/ — World leader in specialty industrial minerals, Imerys announces changes in its Executive Committee as of August 2, 2020. Olivier Pirotte will become Director of the Strategy and Mergers & Acquisitions of the Group, … Read the full press release

Alfa Laval awarded a 12.5 million EUR contract to supply marine pumping systems for FPSO vessel in China

(PRESS RELEASE) LUND, 2-Jul-2020 — /EuropaWire/ — The leading heat transfer, centrifugal separation and fluid handling company Alfa Laval wins an order to supply Framo pumping systems to an FPSO (Floating Production, Storage and Offloading) vessel to be built in … Read the full press release

Schroders strengthens its private assets and real estate offerings with the acquisition of majority stake in Pamfleet

(PRESS RELEASE) LONDON, 1-Jul-2020 — /EuropaWire/ — British multinational asset management company, Schroders has reached an agreement to acquire majority stake in a value-add real estate investment manager, Pamfleet. Pamfleet, with offices in Hong Kong, Shanghai and Singapore, currently has … Read the full press release

Intesa Sanpaolo and Nexi strategic agreement received all authorisations from the competent authorities

(PRESS RELEASE) TURIN/ MILAN, 30-Jun-2020 — /EuropaWire/ — Italian banking group Intesa Sanpaolo has announced that its strategic agreement related to payment systems with Nexi, an Italian bank that specialises in payment systems, has just been finalised with all the … Read the full press release