Category Archives: Business

Business Press Releases & News distributed via EuropaWire

United Internet AG to acquire Strato AG from Deutsche Telekom AG

MONTABAUR, 19-Dec-2016 — /EuropaWire/ — United Internet AG today signed an agreement with the owner of Strato AG, Deutsche Telekom AG, regarding the acquisition of Strato AG. Based in Berlin, Strato employs over 500 people with operations mainly in Germany and … Read the full press release

Hydro now owns 100% of Mineração Paragominas S.A. MPSA’s shares

Hydro completed the acquisition of Vale’s remaining shareholding in Mineração Paragominas S.A. (MPSA) on December 15, 2016. OSLO, 16-Dec-2016 — /EuropaWire/ — The transaction is the second and final step of the MPSA put/call arrangements agreed in 2011 in connection with … Read the full press release

Berwin Leighton Paisner advises Golden Square Energy on sale of FiT Wind Portfolio to Pension Infrastructure Platform

LONDON, 16-Dec-2016 — /EuropaWire/ — International law firm Berwin Leighton Paisner (BLP) has advised Golden Square Energy (GSE) on the c. £93m sale of its FiT Wind Portfolio to the Pension Infrastructure Platform (PiP). The portfolio of 31 assets, with a … Read the full press release

Continental AG extends contract of Executive Board member Dr. Ariane Reinhart responsible for HR

Reinhart has been the member of the Executive Board responsible for HR since October 2014 Degenhart: “Over the past few years, Reinhart has taken further, important steps for Continental’s HR work worldwide” HANOVER, 15-Dec-2016 — /EuropaWire/ — At today’s (2016-12-13) … Read the full press release

Camfil selects Interoute Cloud Connect to transform its IT estate

Global air filter company selects Interoute as its worldwide digital infrastructure platform provider, with SD-WAN enabling data centre consolidation. STOCKHOLM, 15-Dec-2016 — /EuropaWire/ — Interoute, owner operator of a global cloud services platform and one of Europe’s largest networks, is transforming the IT estate … Read the full press release

Beijing beats Shanghai as the top global city in the second publication of the Schroders Global Cities 30 index

LONDON, 14-Dec-2016 — /EuropaWire/ — Beijing has been named as the top global city in the second publication of the Schroders Global Cities 30 index, putting it ahead of Shanghai which took the top spot in August. China’s mega-cities dominated … Read the full press release

Intesa Sanpaolo Group will host Sharing Italy event to enhance Italy’s future business culture

Intesa Sanpaolo will promote Sharing Italy, an event focusing on the country’s economic and entrepreneurial future It will involve thinkers, researchers, international guests and businesses that stand out for their dynamism and ability to interpret the changes underway Six key … Read the full press release

Faculty Fellow at The Alan Turing Institute Zoubin Ghahramani AI start-up Geometric Intelligence acquired by Uber

LONDON, 13-Dec-2016 — /EuropaWire/ — We are delighted to congratulate Zoubin Ghahramani, Faculty Fellow at The Alan Turing Institute and Professor of Information Engineering at the University of Cambridge, on the news that his AI start-up has been acquired by … Read the full press release

Anglo American: rough diamond sales value for De Beers’ 10th sales cycle of 2016 at $418 million

LONDON, 13-Dec-2016 — /EuropaWire/ — Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ tenth sales cycle of 2016, amounting to $418 million, compared with the $476 million value of the … Read the full press release

ING opens new Americas head office in New York City

NEW YORK, NY, U.S.A., 12-Dec-2016 — /EuropaWire/ — With a new head office opened this week, ING New York is embracing a ‘new and modern way of working’. Following on from the recent opening of a new London office, the … Read the full press release

DHL Global Forwarding and Abu Dhabi-based Mubadala Development Company initiate a strategic partnership for the next five years

DHL provides a global multi modal solution, streamlining all logistics processes Strategic partnership will run for five years BONN, 08-Dec-2016 — /EuropaWire/ — DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, and Mubadala Development … Read the full press release

Brian Humphries appointed Group Enterprise Director Vodafone

NEWBURY, 08-Dec-2016 — /EuropaWire/ — Vodafone Group today announced the appointment of Brian Humphries as Group Enterprise Director. He will oversee the Group’s enterprise business across Vodafone’s local markets and internationally with responsibilities including Vodafone Global Enterprise – the Group’s dedicated … Read the full press release

New state-of-the-art technology facility of London Stock Exchange Group (LSEG) opens in Sri Lanka

Prime Minister of Sri Lanka opens new LSEG technology facility Will directly employ 400 highly trained personnel State-of-the-art facility to support LSEG’s global technology operations LONDON, 08-Dec-2016 — /EuropaWire/ — London Stock Exchange Group (LSEG) today announces the opening of its … Read the full press release

ENGIE and Statoil to renegotiate their long-term gas supply contracts

PARIS, 06-Dec-2016 — /EuropaWire/ — On November 30, ENGIE and Statoil have reached an agreement on the renegotiation of their long-term gas supply contracts. This agreement consists in a modernization of historical contracts to adapt them to a profound evolution of … Read the full press release

AllianzGI announces that Sound Harbor Partners will join its Private Debt Platform

Agreement reinforces AllianzGI’s capability in Alternatives and will accelerate the global build-out of its Private Debt Platform MUNICH, 05-Dec-2016 — /EuropaWire/ — Allianz Global Investors (AllianzGI), one of the world’s leading active investment managers, announced today that Sound Harbor Partners, a … Read the full press release

SAP now #22 in the 2016 Interbrand Best Global Brand report

WALLDORF, 01-Dec-2016 — /EuropaWire/ — SAP SE (NYSE: SAP) has been recognized as one of the “Top Growing Brands” in the 2016 Interbrand Best Global Brand report. In just one year, SAP moved up in its ranking from #26 to #22, … Read the full press release

Airbus Group on WTO Panel DS487 report: Boeing must give up these massive tax subsidies

Extends the WTO’s earlier condemnation of massive illegal subsidies to Boeing to 26 billion USD in the form of wholly non-refundable corporate welfare. This is the single largest state-level instance of corporate welfare in US history. The subsidy package condemned … Read the full press release

Petrol’s subsidiary IGES to dispose an Interest in GEN-I d.o.o.

LJUBLJANA, 29-Nov-2016 — /EuropaWire/ — Following the fulfilment of suspensive conditions, IGES d.o.o., a subsidiary of Petrol d.d., Ljubljana, has completed the disposal of its interest in GEN-I, d.o.o.  The buyer is GEN-EL d.o.o.; the amount EUR 45,100,000.00. IGES d.o.o. is … Read the full press release

Vaisala to reorganize its Weather Business Area into under four regions and two business lines

HELSINKI, 28-Nov-2016 — /EuropaWire/ — Vaisala reorganizes its Weather Business Area in order to simplify structure and operations and to better align with the strategy. Weather Business Area continues to develop industry leading weather observation products and services, which combine expertise … Read the full press release

ISS to acquire former E.ON FM subsidiary EVANTEC

ISS has agreed to buy the German technical and building services company EVANTEC specialised in services within critical environments in the energy, infrastructure and technology sectors Annual expected revenue of DKK 352 million (EUR 47million), 800 employees Søborg, Denmark, 25-Nov-2016 … Read the full press release