LUND, 27-Oct-2016 — /EuropaWire/ — “Order intake for the third quarter was sequentially somewhat weaker. The development originated from a low activity level within the marine sector and generally longer decision processes for larger investment projects among our customers. We estimate … Read the full press release
Posted in Business, Industrial, Investment, Sweden, Transportation & Logistics
Tagged Alfa Laval, Tom Erixon
LUND, 27-Oct-2016 — /EuropaWire/ — Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – today announces a restructuring programme, as a result of the strategic review. The new organizational structure, in combination with prevailing market … Read the full press release
Posted in Business, Industrial, Management, Sweden, Transportation & Logistics
Tagged Alfa Laval, Tom Erixon
LONDON, 26-Oct-2016 — /EuropaWire/ — Schroders is today announcing the appointment of Guy Henriques as Country Head for the UK business, reporting to John Troiano, Global Head of Distribution. Guy will return from Japan, this month, where he has held the … Read the full press release
Posted in Business, Financial, Management, United Kingdom
Tagged Guy Henriques, John Troiano, Robin Stoakley, Schroders
Total sales of CHF 65.5 billion, up 1.0% 3.3% organic growth, 2.5% real internal growth, 0.8% pricing For the full year 2016 we expect organic growth of around 3.5%, improvements in margins and underlying earnings per share in constant currencies, … Read the full press release
Posted in Business, Financial, Food & Beverage, Investment, Management, Switzerland
Tagged Nestlé CEO, Paul Bulcke
Baar, Switzerland / Sydney, Australia, 21-Oct-2016 — /EuropaWire/ — Glencore has reached agreement with Genesee & Wyoming Australia (GWA) to sell its Glencore Rail (GRail) coal haulage business in the New South Wales Hunter Valley for A$1.14 billion. The closure of the … Read the full press release
Unit sales 5% above prior-year level at 754,100 vehicles Revenue up by 4% to €38.6 billion Significant increase in Group EBIT to €4,037 million (Q3 2015: €3,661 million) Group EBIT adjusted for special items at highest level to date of … Read the full press release
Posted in Automotive, Business, Germany, Transportation & Logistics
Tagged Bodo Uebber, Daimler AG, Dr. Dieter Zetsche
Loan demand continued to increase across all loan categories, while credit supply conditions remained unchanged for enterprises and improved for households The general low level of interest rates played an important role in contributing to demand for loans to enterprises … Read the full press release
Posted in Banks, Business, European Union, Financial, Investment
Tagged credit standards, ECB, Euro area banks, European Central Bank, loans
BRUSSELS, 19-Oct-2016 — /EuropaWire/ — The EU and China met in Brussels to discuss strengthening policy coordination, promoting sustainable growth and tackling overcapacity The EU and China held their 6th annual EU-China High-level Economic and Trade Dialogue (HED) in Brussels today. … Read the full press release
Posted in Belgium, Business, European Union, Government, International Trade, Law, Politics
Tagged EU-China High-level Economic and Trade Dialogue, Jyrki Katainen, Ma Kai
BRUSSELS, 19-Oct-2016 — /EuropaWire/ — Commission adopts Communication “Towards a robust trade policy for the EU in the interest of jobs and growth”. The Commission today called upon Member States to support its efforts to provide the European Union with updated, … Read the full press release
Posted in Belgium, Business, European Union, International Trade, Law, Politics
Tagged Cecilia Malmström, dumped exports, EU Commission, EU market, EU trade policy, Jean-Claude Juncker, Jyrki Katainen
MORTSEL, 14-Oct-2016 — /EuropaWire/ — Agfa Graphics announced today that it plans to close down its factory in Vallese, Italy, one of its seven printing plate manufacturing sites worldwide. This smaller facility produces lithographic aluminum printing plates for offset presses. For … Read the full press release
Posted in Belgium, Business, Industrial, Italy
Tagged Agfa Graphics, Italy, lithographic aluminum printing plates factory, Vallese
Business result for the third quarter 2016 will be significantly lower than company expectations. Negative industry trends from first half 2016, with weaker demand for mobile broadband, especially in markets with weak macro-economic environment, have further accelerated. Sales declined by … Read the full press release
Posted in Business, Financial, Investment, Sweden, Telecom
Tagged Ericsson, Jan Frykhammar
Report to be released at approximately 0730 CEST on October 21, 2016 Press briefing with webcast starts at 0900 CEST Conference call for analysts, investors and journalists starts at 1400 CEST STOCKHOLM, 12-Oct-2016 — /EuropaWire/ — Ericsson’s (NASDAQ: ERIC) financial report … Read the full press release
Posted in Business, Financial, Investment, Media, Sweden, Telecom
Tagged Carl Mellander, Ericsson, Jan Frykhammar, press and analyst briefing, Q3 2016 results
KASSEL, 10-Oct-2016 — /EuropaWire/ — The Supervisory Board of K+S Aktiengesellschaft has appointed Dr. Otto Lose (45) to the Board of Executive Directors of the company. From January 1, 2017, he will be responsible for the Business Unit Potash and Magnesium Products. “We very … Read the full press release
Posted in Business, Germany, Industrial, Management, Metals and Minerals
Tagged Dr. Otto Lose, Dr. Ralf Bethke, K+S Aktiengesellschaft
LONDON, 07-Oct-2016 — /EuropaWire/ — PEMCO AS has completed the sale of Peterson Packaging, the largest independent corrugated packaging provider in Scandinavia, to VPK. Pöyry Capital acted as financial adviser to PEMCO. Peterson Packaging manufactures corrugated packaging, Point-of-Sale solutions and corrugated … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, United Kingdom
Tagged Celedonio Moncayo, PEMCO, Peterson Packaging, Pöyry Capital, VPK
Carmeuse along with GP Group acquires Golden Lime, Thailand’s leading lime company Deal signals Carmeuse’s entry into South East Asia LUXEMBOURG, 06-Oct-2016 — /EuropaWire/ — Carmeuse, together with its partner GP Group, announced today the acquisition of a 45% stake in … Read the full press release
Atos partners with Siemens to support MindSphere – Siemens Cloud Platform Atos to deliver a broad set of IT-services and applications BERLIN / MUNICH, 06-Oct-2016 — /EuropaWire/ — Siemens and Atos announce today within the framework of their strategic digital … Read the full press release
Posted in Business, France, Germany, Industrial, Technology
Tagged Atos, Cloud, data analytics, digital innovations, Philippe Miltin, Ralf Michael Wagner, Siemens
Redditch, UK, 06-Oct-2016 — /EuropaWire/ — Singapore GKN Aerospace’s business unit Fokker and ACLAS Global Ltd have entered into an exchange, repair and maintenance agreement covering ATR leading edges. This agreement will enable ACLAS Global and Fokker Services Asia to provide … Read the full press release
Posted in Aviation & Aerospace, Business, Management, United Kingdom
Tagged ACLAS Global Ltd, ATR, Fokker, maintenance, Mr. Gordon Bilbey, Mr. Nick White
STOCKHOLM, 05-Oct-2016 — /EuropaWire/ — The members of the Nomination Committee for Skanska’s Annual General Meeting in 2017 have now been appointed. In accordance with decision by the Annual General Meeting, Skanska’s Nomination Committee shall consist of five members. The members … Read the full press release
Posted in Business, Construction, Management, Sweden
Tagged Bo Selling, Hans Biörck, Hans Ek, Helena Stjernholm, Mats Guldbrand, Nomination Committee, Skanska
PARIS, 04-Oct-2016 — /EuropaWire/ — Sanofi today announced the appointment of Alan Main as Executive Vice President Consumer HealthCare, effective October 1st, 2016. Mr. Main will be a member of the Executive Committee and lead a newly created Consumer Healthcare … Read the full press release
Posted in Business, France, Healthcare, Management, Pharma & Biotech
Tagged Alan Main, Consumer HealthCare, Olivier Brandicourt, Sanofi
LONDON, 29-Sep-2016 — /EuropaWire/ — Equistone Partners Europe (“Equistone”), one of Europe’s leading investors in mid-market buyouts, has acquired a majority stake in D3T Distribution, the holding company of Motoblouz and Access-Moto (together “Motoblouz” or “the Company”) from Inspirational Stores for … Read the full press release
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