Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Orkla will be market leader in the sale and distribution of painting tools in the Netherlands and Belgium

Orkla has entered into an agreement to increase its ownership to a 50% stake in the joint venture company Anza Verimex NV. At the same time, Orkla will take over 50% of the painting tool operations in PGZ International B.V. … Read the full press release

AXA IM – Real Assets / Linkcity: INAUGURATION DE QU4DRANS

Livraison de la seconde tranche PARIS, 22-Jan-2018 — /EuropaWire/ — Isabelle Scemama, Directeur Général d’AXA IM – Real Assets et Martial Desruelles, Directeur Général Linkcity Ile-de-France, inaugurent aujourd’hui le projet de développement QU4DRANS, avec la livraison des immeubles NORD ET OUEST, en présence … Read the full press release

Wärtsilä and Schneider Electric to co-operate on hyperscale data center projects

HELSINKI, 22-Jan-2018 — /EuropaWire/ — Wärtsilä and Schneider Electric have signed a global co-operation agreement to bring together their individual products and services, along with those of third parties, for the purpose of co-operating on data center projects. The co-operation focuses … Read the full press release

Barry Callebaut reports double-digit growth in China over the last three years; plays a leading role in helping develop the chocolate market in the country

Celebrates 10-year anniversary of its chocolate factory in China ZURICH, 22-Jan-2018 — /EuropaWire/ — The Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, celebrates the 10th anniversary of its chocolate factory in China, a USD 20 … Read the full press release

Barry Callebaut: Nestlé Japan will launch the Ruby chocolate version of its iconic KITKAT® brand in Japan and South Korea

Barry Callebaut and Nestlé partner in world premiere Japanese KITKAT® is the first consumer brand in the world to launch a Ruby chocolate version named ‘KITKAT® Chocolatory® Sublime® Ruby’ Barry Callebaut revealed the fourth type of chocolate ‘Ruby’ next to Dark, Milk and White chocolate in … Read the full press release

ABP’s network of five ports in South Wales handled 12.5 million tonnes of cargo in 2017

LONDON, 22-Jan-2018 — /EuropaWire/ — ABP’s network of five ports in South Wales handled 12.5 million tonnes of cargo in 2017 thanks to major investment in infrastructure and ongoing commitment to delivering the highest standards of customer service. 12.5 million tonnes … Read the full press release

EY named Keith Strier as EY Global and Americas Artificial Intelligence (AI) Leader, Advisory Services

LONDON, 18-Jan-2018 — /EuropaWire/ — EY announces the appointment of Keith Strier as EY Global and Americas Artificial Intelligence (AI) Leader, Advisory Services. Based in Irvine, California, in his new role Keith will assume responsibility for setting the strategy and direction … Read the full press release

Covestro expects EUR 85 million extraordinary income in FY 2017 due to U.S. tax reform

LEVERKUSEN, 16-Jan-2018 — /EuropaWire/ — Positive one-time effect of ca. EUR 85 million on net income expected in 2017 / Additional positive impact on coming years Covestro expects a positive one-time effect from the recently enacted U.S. tax reform on … Read the full press release

Inflexion: UK luxury tour operator Scott Dunn to acquire Singapore-based tailor-made holiday operator Country Holidays

LONDON, 16-Jan-2018 — /EuropaWire/ — Inflexion is pleased to announce that our portfolio company, award-winning UK luxury tour operator Scott Dunn, will accelerate its growth in the Asian market with the acquisition of Country Holidays, a leading Singapore-based tailor-made holiday operator. The deal … Read the full press release

Graphics solutions: Inflexion Private Equity completes the buyout of Alston Elliot

LONDON, 16-Jan-2018 — /EuropaWire/ — Inflexion Private Equity is pleased to announce it has completed the buyout of Alston Elliot, a leading provider of premium data-driven graphics solutions for live sports broadcasts. Alston Elliot was founded in 1992, initially to provide computerised … Read the full press release

GKN plc rejects unsolicited acquisition proposal from Melrose Industries PLC: terms fundamentally undervalue the Company and its prospects

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. THIS IS AN … Read the full press release

Kirk Kristiansen family investment arm KIRKBI to acquire KKR’s 49.8% stake in Välinge

The partnership with KIRKBI aims to further strengthen Välinge’s position as a leading industrial R&D company and flooring producer. Viken, Sweden, 15-Jan-2018 — /EuropaWire/ — KIRKBI, the holding and investment company of the Kirk Kristiansen family, has signed an agreement … Read the full press release

RCH Europe to Present Smart Solutions for POS at INTERGASTRA 2018

Multiplatform cloud-based technology for an increasingly mobile world INNSBRUCK, Austria, 15-Jan-2018 — /EuropaWire/ — RCH Europe, the provider of advanced point of sale systems for the retail, food and beverage, and the public administration sector will showcase its latest range of … Read the full press release

Destatis: Urlaub in Europa: günstig im Süden und Osten, teuer im Norden und Westen

WIESBADEN, 12-Jan-2018 — /EuropaWire/ — Nach der Weihnachtszeit und dem Start ins neue Jahr 2018 steht für viele Reiselustige bereits die Urlaubsplanung an. Kostengünstiger als in Deutschland ist Urlaub in Süd- und Osteuropa. Teurer sind hingegen Urlaubsreisen in den Westen und … Read the full press release

Siam Commercial Bank Public Company Limited and Prudential Life Assurance (Thailand) Public Company Limited to establish a bancassurance partnership in Thailand

BANGKOK, Thailand, 10-Jan-2018 — /EuropaWire/ — Siam Commercial Bank Public Company Limited (“SCB”), a leading bank in Thailand, and Prudential Life Assurance (Thailand) Public Company Limited (“Prudential Thailand”), a subsidiary of Prudential plc, have agreed to establish a bancassurance partnership to … Read the full press release

Robinsons Bank and Prudential’s subsidiary Pru Life UK establish bancassurance partnership in the Philippines

QUEZON CITY, Philippines, 10-Jan-2018 — /EuropaWire/ — Gonkongwei-led Robinsons Bank and Prudential’s subsidiary Pru Life UK today announced the establishment of a strategic bancassurance partnership, in the Philippines at a press conference held at Crowne Plaza Galleria Manila. Through this partnership, … Read the full press release

Mercedes-Benz sold 2.3 million cars worldwide in 2017; China the largest individual market for Mercedes-Benz

In 2017, Mercedes-Benz sold approximately 2.3 million cars worldwide, increasing its unit sales by 9.9%. The car division delivered a total of more than 2.4 million Mercedes-Benz and smart to customers last year. 2017 was the seventh consecutive record year … Read the full press release

Leadership changes at SAP SE will greatly advance its leadership pursuits in the areas of procurement, customer engagement and commerce

WALLDORF, 09-Jan-2018 — /EuropaWire/ — SAP SE (NYSE: SAP) today (January 4, 2018) announced the appointments of Alex Atzberger as president of SAP Hybris and Barry Padgett as president of SAP Ariba. SAP Hybris solutions comprise the omnichannel customer engagement and commerce … Read the full press release

Ramboll to merge its Oil & Gas and Energy divisions

  Ramboll is to merge its Oil & Gas and Energy divisions to accommodate the growing focus on sustainability and better support clients’ need for a full service, multidisciplinary offering. COPENHAGEN, 09-Jan-2018 — /EuropaWire/ — When Ramboll in 2016 entered … Read the full press release

Capgemini positioned as a Leader for the fourth consecutive year in Gartner’s “Magic Quadrant for Application Testing Services, Worldwide 2017″

Paris, 08-Jan-2018 — /EuropaWire/ — Capgemini, today (January 4, 2018) announced it has been positioned as a Leader for the fourth consecutive year in Gartner’s “Magic Quadrant for Application Testing Services, Worldwide 2017.” The Capgemini Group, including its Technology and Engineering Services … Read the full press release