Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Bosch Group and the MAHLE Group to sell joint venture Bosch Mahle Turbo Systems

STUTTGART, 24-Jan-2017 — /EuropaWire/ — The Bosch Group and the MAHLE Group have decided to seek a buyer for their joint venture, Bosch Mahle Turbo Systems (BMTS). The joint subsidiary was founded in 2008. With a total of around 1,400 … Read the full press release

CityJet Cabin Crew Recruitment Day in Brussels, Belgium

Cabin Crew Recruitment Day taking place in Brussels, Belgium on 1st February 2017 BRUSSELS, 24-Jan-2017 — /EuropaWire/ — NoBox HR Outsourcing are delighted to announce that will be holding a Recruitment Day for Junior and Senior Cabin Crew positions in … Read the full press release

FMO–Dutch Development Bank takes part in new partnership to monitor deforestation and manage sustainability from farm to customer

THE HAGUE, 24-Jan-2017 — /EuropaWire/ — Partners include Bunge, Cargill, Carrefour, Inter-American Investment Corporation (IIC/IDB), Mars, Mondelēz International, Walmart, World Resources Institute and more. Today (18 JANUARY 2017) at the World Economic Forum, 20 of the world’s largest commodity producers, traders, … Read the full press release

Abellio and Mitsui to run Greater Anglia rail franchise in a 60:40 joint venture

Japanese company identified as the best partner to support Abellio in delivering ambitious programme of improvements UTRECHT, 18-Jan-2017 — /EuropaWire/ — Abellio UK (“Abellio”) has signed an agreement to sell 40% of the Greater Anglia rail franchise to Mitsui & Co., … Read the full press release

Volvo Construction Equipment to move its headquarters from Brussels, Belgium to Gothenburg, Sweden

Volvo Construction Equipment (Volvo CE) has today announced that the company’s global headquarters will move from its current location in Brussels, Belgium to Gothenburg, Sweden. The relocation will facilitate closer cooperation with the Group’s other business areas and allow for … Read the full press release

Airbus Defence and Space to sell its 49 percent share in Atlas Elektronik Group to thyssenkrupp AG

MUNICH, 17-Jan-2017 — /EuropaWire/ — Airbus Defence and Space has entered into an agreement to sell its 49 percent share in Atlas Elektronik Group to thyssenkrupp AG based in Essen, Germany. With this acquisition, thyssenkrupp, which to date has held a 51 percent … Read the full press release

Bosch strengthens its position in custom system and software development services with the acquisition of ITK Engineering AG

Expanding development services business ITK Engineering will become a wholly owned subsidiary of Robert Bosch GmbH ITK Engineering will remain an independent legal entity with its own brand Acquisition will strengthen Bosch’s position in the market for engineering services Abstatt/Rülzheim, … Read the full press release

DHL eCommerce opens its Fulfillment Center in Sydney to support booming demand for overseas goods amongst Australia’s online shoppers

New facility in Sydney, Australia offers flexible, fully-integrated inventory management and last-mile delivery for international brands and retailers DHL eCommerce “Plug-and-play” system allows retailers to scale globally, quickly and easily BONN, 16-Jan-2017 — /EuropaWire/ — DHL eCommerce, a division of the … Read the full press release

Bentley Motors delivered 11,023 cars in 2016; Americas as its number one region while sales increased in Europe and UK

Bentley Motors delivers a record 11,023 cars in 2016 56 per cent growth in Europe, 16 per cent up in UK 85 per cent export signals global demand CREWE, 16-Jan-2017 — /EuropaWire/ — Bentley Motors delivered 11,023 cars in 2016, … Read the full press release

Renata Jungo Brüngger appointed to the Supervisory Board of Munich Re

MUNICH, 16-Jan-2017 — /EuropaWire/ — Renata Jungo Brüngger (55) has been appointed to the Supervisory Board of Munich Re with effect from 3 January 2017. The Amtsgericht (Local Court) in Munich appointed Jungo Brüngger as the successor to Wolfgang Mayrhuber, who resigned his … Read the full press release

Enel and Saudi Electricity Company to share best practices in power distribution

The two companies will share best practices and experiences to achieve best-in-class performance in distribution networks, promote grid digitisation and improve energy efficiency at customers’ premises Riyadh, Saudi Arabia, 13-Jan-2017 — /EuropaWire/ — Enel S.p.A. and Saudi Arabian utility Saudi … Read the full press release

Enel acquires US-based company Demand Energy Networks, Inc. specialised in intelligent software and energy storage systems

Enel, via renewables subsidiary EGPNA, has acquired a 100 percent stake in Demand Energy, an intelligent control software provider, project developer and operator specialising in battery storage optimisation Enel will work with Demand Energy to expand the use of the … Read the full press release

Outokumpu and Outotec reaches agreement on ferroalloys technology and the related license fees to Outokumpu

HELSINKI, 12-Jan-2017 — /EuropaWire/ — Outokumpu and Outotec have reached an agreement regarding innovations on ferroalloys technology and the related license fees to Outokumpu. The agreement follows the arbitral award of August 28, 2015 which confirmed that Outokumpu and Outotec are … Read the full press release

Vattenfall to acquire the project company PNE WIND Atlantis I GmbH from PNE WIND AG

STOCKHOLM, 11-Jan-2017 — /EuropaWire/ — Vattenfall has signed an agreement to acquire the project company “PNE WIND Atlantis I GmbH“ from PNE WIND AG. The sale and purchase agreement, which is still subject to various closing conditions, includes a purchase price … Read the full press release

Cabin Crew Recruitment Days taking place in Brussels, Belgium

Take to the sky and Fly in 2017 with CityJet BRUSSELS, 06-Jan-2017 — /EuropaWire/ — NoBox HR Outsourcing are delighted to announce that we are currently recruiting for Junior and Senior Cabin Crew positions for our client CityJet. Recruitment days … Read the full press release

CLH Group announces 4.3% increase in deliveries of oil products to the Spanish market during December 2016 vs. same period last year

MADRID, 06-Jan-2017 — /EuropaWire/ — During December, deliveries of oil products from CLH Group facilities to the Spanish market exceeded 3.3 million cubic metres, 4.3% more than in the same period of the previous year after correction of the seasonal effect. … Read the full press release

CLH Group announces 3.6% increase in deliveries of oil products to the Spanish market during 2016 compared to the previous year

MADRID, 06-Jan-2017 — /EuropaWire/ — Deliveries of oil products from CLH Group facilities to the Spanish market during 2016 exceeded 39.2 million cubic metres, 3.6% more than the previous year. Analysed by product type, deliveries of gasolines increased by 2.7% and … Read the full press release

APM Terminals Mumbai welcomes Direct Port Delivery service initiated by the Indian government to enhance India’s access to global logistics chain

Service users triple at India’s busiest container terminal Mumbai, India, 05-Jan-2017 — /EuropaWire/ — APM Terminals Mumbai, India’s busiest container terminal, has embraced ‘Direct Port Delivery’ service initiated by the Indian government as part of its “Ease of Doing Business … Read the full press release

Ahlstrom completes sale of its German subsidiary with operations in Osnabrück to Kämmerer Paper Holding GmbH

HELSINKI, 05-Jan-2017 — /EuropaWire/ — Ahlstrom has completed the sale of its German subsidiary with operations in Osnabrück to Kämmerer Paper Holding GmbH. The transaction was announced on November 7, 2016. The parties have agreed not to disclose the purchase price … Read the full press release

Ericsson and Cisco extend strategic partnership to include new Wi-Fi solution — Evolved Wi-Fi Networks

New Wi-Fi solutions – Evolved Wi-Fi Networks (EWN) – combine industry-leading wireless technologies from the two companies EWN includes pre-integrated and verified solutions based on Ericsson and Cisco products New solutions are complemented with Ericsson’s customer support, design and deployment … Read the full press release