Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Gruppo Editoriale L’Espresso S.p.A. and ITEDI S.p.A. set out the terms of the proposed integration between the two companies

LONDON, 04-Aug-2016 — /EuropaWire/ — Gruppo Editoriale L’Espresso S.p.A. (“GELE“) and ITEDI S.p.A. (“Itedi“), in  furtherance of the memorandum of understanding dated March 2nd of this year, announced today the signing of a framework agreement, which sets out the terms of … Read the full press release

XING AG posts significantly increased revenues in 1H2016; paying members in the D-A-CH region now 914,000

Total revenues rise by 21 per cent B2B E-Recruiting segment grows by 29 per cent EBITDA increases by 29 per cent, profits rise by 34 per cent HAMBURG, 04-Aug-2016 — /EuropaWire/ — XING AG, operator of the leading online business network … Read the full press release

BAE Systems 1H2016: Despite economic and political uncertainties, governments in our major markets continue to prioritise national security

LONDON, 03-Aug-2016 — /EuropaWire/ — Ian King, BAE Systems’ Chief Executive, said: “In the first half of 2016, BAE Systems performed well. Despite economic and political uncertainties, governments in our major markets continue to prioritise national security, with strong demand for … Read the full press release

Austrian Airlines CFO Heinz Lachinger on 1H2016: We continue to expect an increase in the adjusted EBIT compared to the entire year 2015

Finance Results • Austrian Airlines improves adjusted EBIT by EUR 17 million to minus EUR 0.1 million • 2.2% rise in passenger volume in the first half-year 2016 • Outlook 2016: Targeted increase in adjusted EBIT, but no longer expected … Read the full press release

London Stock Exchange: New China-focused ETF from ICBC Credit Suisse Asset Management (International) Company Limited (“ICBCCS”)

Tenth RQFII ETF to list on London Stock Exchange ICBC Credit Suisse Asset Management (International) Company Limited becomes seventh Chinese ETF issuer on London Stock Exchange ETF launched in partnership with WisdomTree Further cements LSEG’s position as partner of choice … Read the full press release

ArcelorMittal Europe 2Q2016: significantly higher operating profit compared to 1Q

Luxembourg, 29-Jul-2016 — /EuropaWire/ — ArcelorMittal Europe has reported its second quarter 2016 results, with a €340m operating profit for the three months to 30 June 2016 – significantly higher than the €77m operating profit reported in the first quarter … Read the full press release

ENGIE 1H2016: Resilient results; 2016-18 transformation plan well on track; accelerated digital transformation

PARIS, 29-Jul-2016 — /EuropaWire/ — During the first half results presentation, Isabelle Kocher, Chief Executive Officer of ENGIE, stated: “The 2016-18 transformation plan announced end February is well on track. Over the first six months of 2016 we have already achieved … Read the full press release

Volkswagen Group 1H2016: figures show that our operating business is sound

Operating profit before special items for the first six months up on the prior-year figure Volkswagen Passenger Car brand turns in a robust performance in the second quarter CFO Witter: “Group can build on its high earnings power“ Wolfsburg, 28-Jul-2016 … Read the full press release

Volkswagen Group’s June 2016 deliveries up by 5.1 percent compared with the prior year; 1.5 percent increase in the 1H

883,400 vehicles delivered in month of June – a rise of 5.1 percent Fred Kappler, Head of Group Sales: “Solid growth overall during the first half year is partly attributable to the strong performance in June.” Wolfsburg, 28-Jul-2016 — /EuropaWire/ … Read the full press release

ŠKODA reports its best first half-year ever: deliveries up 4.6% to 569,400 vehicles

Best first half-year ever: 569,400 deliveries (up 4.6%) Best June of all time: 98,800 deliveries (up 4.4%) International success: ŠKODA grows in China, Europe and Russia Success models: FABIA, SUPERB and YETI double-digit sales increase Mladá Boleslav, 28-Jul-2016 — /EuropaWire/ … Read the full press release

Shell’s new exploration discovery: initial estimated recoverable resources for the Fort Sumter well are more than 125 million barrels of oil equivalent (boe)

Discovery further enhances Shell’s deep water position LONDON, 28-Jul-2016 — /EuropaWire/ — Shell today announced a new exploration discovery in the deep water U.S. Gulf of Mexico. The initial estimated recoverable resources for the Fort Sumter well are more than 125 … Read the full press release

Royal Dutch Shell plc announced 2Q2016 interim dividend of US$0.47 per A and B ordinary shares

THE HAGUE, 28-Jul-2016 — /EuropaWire/ — The Board of Royal Dutch Shell plc (“RDS”) today announced an interim dividend in respect of the second quarter of 2016 of US$0.47 per A ordinary share (“A Share”) and B ordinary share (“B … Read the full press release

Capital reduction: STRABAG SE cancels 4,000,000 own shares

Reduction of share capital VIENNA, 26-Jul-2016 — /EuropaWire/ — The publicly listed construction group STRABAG SE announces that in accordance with a resolution passed at the 12th Annual General Meeting on 10 June 2016 the share capital has been reduced by … Read the full press release

SAS: UK organisations with well-defined data strategy significantly outperform competitors

Research shows a clear strategy and effective use of data are closely linked to financial success Marlow, UK, 26-Jul-2016 — /EuropaWire/ — UK organisations that have a well-defined data strategy reported their company’s financial performance as substantially ahead of peers … Read the full press release

Bayer disappointed in Monsanto’s decision to reject its increased all-cash offer of USD 125 per share

LEVERKUSEN, 22-Jul-2016 — /EuropaWire/ — Bayer said today that it is disappointed in Monsanto’s decision to reject its increased all-cash offer of USD 125 per share, which represents a 40 percent premium over Monsanto’s closing share price on May 9, 2016. … Read the full press release

Altran to acquire Silicon Valley based premier software engineering firm Lohika; part of #Altran2020 Ignition plan

The USA becomes the second largest region for the Group West Coast-based company offers premium software product development through superior offshore delivery model PARIS, 21-Jul-2016 — /EuropaWire/ — Altran has announced today the acquisition of Lohika, a premier software engineering firm … Read the full press release

ELKO Group becomes member of the Global Technology Distribution Council

RIGA, 20-Jul-2016 — /EuropaWire/ — The Global Technology Distribution Council today announced the addition of ELKO Group and TIM AG as its newest members in the EMEA region, plus the appointment of WestconGroup CEO Dolph Westerbos to the organization’s Executive Committee. … Read the full press release

Telenor Group 2Q2016: Organic EBITDA growth exceeded 6 per cent

“We are pleased to deliver strong results for the second quarter with an EBITDA* of NOK 11.5 billion. Fornebu, Norway, 19-Jul-2016 — /EuropaWire/ — “The organic EBITDA growth exceeded 6 per cent, while revenues were impacted by low device sales. We … Read the full press release

Gorenje 23rd AGM: Discharge from liability granted to Gorenje Management Board for FY2015; sales and profit grow in 1H2016

VELENJE, Slovenia, 13-Jul-2016 — /EuropaWire/ — Pursuant to the provisions of the Companies Act (ZGD-1), the Market of Financial Instruments Act (ZTFI), the Ljubljana Stock Exchange Rules and the Corporate Governance Code for Joint Stock Companies, and in accordance with the … Read the full press release

Accenture becomes RoboValley’s Crown Partner with €500,000 investment to facilitate international robotics research and development

Accenture to Invest €500,000 in RoboValley to Create New Innovations in Robotics AMSTERDAM and DELFT, THE NETHERLANDS, 12-Jul-2016 — /EuropaWire/ — Accenture (NYSE: ACN) and RoboValley, an innovation hub for robotics located at Delft University of Technology in the Netherlands, have … Read the full press release