Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Shire plc files its first submission to the US FDA for its new plasma manufacturing facility in Covington, GA

DUBLIN, 02-Jan-2018 — /EuropaWire/ — Shire plc (LSE: SHP, NASDAQ: SHPG), the global biotechnology leader in rare diseases, today announced that it has filed its first submission to the United States Food and Drug Administration for the company’s new plasma manufacturing … Read the full press release

Syngenta to voluntarily delist its American Depositary Shares from the New York Stock Exchange

BASEL, 29-Dec-2017 — /EuropaWire/ — Following the previously announced cancellation of all publicly held registered shares of Syngenta AG (“Syngenta”) with a par value of CHF 0.10 each in connection with the completion of the public tender offer for all publicly … Read the full press release

Husqvarna Group to acquire the Light Compaction & Concrete Equipment business from Atlas Copco

Huskvarna, Sweden, 28-Dec-2017 — /EuropaWire/ — “Atlas Copco’s Light Compaction & Concrete Equipment business fits well into Husqvarna Construction’s strategy for expanding deeper into the market segment of Concrete Surfaces and Floors” says Kai Wärn, President and CEO of Husqvarna Group. … Read the full press release

Filtration media: Ahlstrom-Munksjö to expand capacity at its Louveira plant in Brazil

HELSINKI, 28-Dec-2017 — /EuropaWire/ — Ahlstrom-Munksjö taking the first step towards a potential capacity expansion plan at its Louveira plant in Brazil. “Demand for filtration media in South America is expected to continue to grow in the coming years and we … Read the full press release

Rio Tinto dividends and share buy-backs cash returns to shareholders reaches $8.2 billion in 2017

LONDON, 28-Dec-2017 — /EuropaWire/ — Rio Tinto has successfully completed its $1.5 billion buy-back of Rio Tinto plc shares, comprised of the $500 million and $1 billion on-market share buy-back programmes announced on 8 February 2017 and 2 August 2017 … Read the full press release

Roche to fully acquire Ignyta for US$ 1.7 billion in an all-cash transaction

Roche to acquire Ignyta for US$ 27.00 per share Ignyta’s investigational medicine entrectinib, a selective CNS-active tyrosine-kinase inhibitor being developed for tumours that harbor ROS1 or NTRK fusions, to expand Roche’s portfolio of oncology medicines BASEL, 27-Dec-2017 — /EuropaWire/ — … Read the full press release

Wärtsilä to acquire Netherland based Trident B.V. specialised in underwater ship maintenance, inspection, and repair services

HELSINKI, 27-Dec-2017 — /EuropaWire/ — The technology group Wärtsilä strengthens its service offering by acquiring Trident B.V., a Netherland based company specialised in underwater ship maintenance, inspection, and repair services. Through the acquisition Wärtsilä becomes the first global operator in the … Read the full press release

VINCI Energies to acquire PrimeLine Utility Services from management and private equity investment firm First Reserve

PrimeLine Utility Services generated revenue of $506 million pro forma (about €430 million) in 2016 This acquisition boosts VINCI Energies’ position in North America Rueil-Malmaison Cedex – France, 27-Dec-2017 — /EuropaWire/ — VINCI Energies, the VINCI subsidiary specialising in energy and … Read the full press release

thyssenkrupp and trade union IG Metall reach agreement for the planned 50/50 joint venture with Tata Steel Europe

thyssenkrupp agrees with employee representatives on conclusion of a collective agreement Collective agreement contains assurances on site and employment continuation and investment Agreement enables thyssenkrupp to implement its strategic and operational goals for the joint venture IG Metall collective bargaining … Read the full press release

Coldiretti, Terna and ANBI in common strategy to optimise irrigation resources and energy efficiency

ROME, 26-Dec-2017 — /EuropaWire/ — An important Memorandum of Understanding was signed today by Roberto Moncalvo, President of Coldiretti, Luigi Ferraris, CEO and General Manager of Terna and Francesco Vincenzi, President of ANBI (Italian Association of Land Reclamation and Irrigation … Read the full press release

Fincantieri opens new subsidiary in Doha Qatar

The company’s activities will promote the development of local businesses TRIESTE, 26-Dec-2017 — /EuropaWire/ — As part of its business development strategy in the Middle East, Fincantieri has established Fincantieri Services Middle East in Doha (Qatar), a wholly owned subsidiary … Read the full press release

Sika now offers the most comprehensive range of sealing and bonding solutions in the North American construction market

Baar, Switzerland, 26-Dec-2017 — /EuropaWire/ — Sika has acquired Emseal Joint Systems, Ltd., a US-based market leader in the development and manufacturing of structural expansion joint products for new construction and refurbishment. With the acquisition, Sika will be able to … Read the full press release

DIF Core Infrastructure Fund I and Infravia sell Infravia’s 55% stake in the French fiber company ADTIM

PARIS, 20-Dec-2017 — /EuropaWire/ — DIF Core Infrastructure Fund I (“DIF CIF I”) and Infravia are pleased to announce that they have completed the sale of Infravia’s 55% stake in the French fiber company ADTIM. ADTIM operates a wholesale telecom network … Read the full press release

VNG Norge submits Plan for Development and Operation (PDO) for the Fenja field in the Norwegian Sea

Stavanger, Norway, 20-Dec-2017 — /EuropaWire/ — VNG Norge has, on behalf of the licensees in PL586, submitted to the Ministry of Petroleum and Energy the Plan for Development and Operation (PDO) for the Fenja field in the Norwegian Sea. The … Read the full press release

FMO and IFC launched e-course on Related Party Transactions Governance for commercial banks in Viet Nam

The HAGUE, 19-Dec-2017 — /EuropaWire/ — FMO and IFC launched an online course on Related Party Transactions Governance for Vietnamese commercial banks. Related party transactions (RPTs) are viewed as situations, which are open to a possible conflict of interest and can harm … Read the full press release

BP: We are disappointed by the news today from the Australian Competition and Consumer Commission (ACCC)

LONDON, 19-Dec-2017 — /EuropaWire/ — BP acknowledges today’s announcement by the Australian Competition and Consumer Commission (ACCC) that it intends to oppose its proposed acquisition of Woolworths’ retail fuel business. “We are disappointed by the news today from the ACCC. We … Read the full press release

Board changes at Robert Bosch Industrietreuhand KG (RBIK) and Robert Bosch GmbH

Dr. Siegfried Dais steps down from Robert Bosch Industrietreuhand KG. Prof. Stefan Asenkerschbaumer to replace Dais. Alfred Löckle to retire from the supervisory board of Robert Bosch GmbH. Hartwig Geisel to become new deputy chairman of the supervisory board. Karin … Read the full press release

Airbus CyberSecurity Predictions for 2018: Social media security; Wireless; Encryption;

LONDON, 18-Dec-2017 — /EuropaWire/ — Researchers at Airbus’ external Cyber Security business have compiled their top technology predictions for 2018, based on trends identified at its Security Operations Centres in France, UK and Germany during 2017. Prediction 1: A lack of … Read the full press release

Destatis: Gastgewerbeumsatz im Oktober 2017: stieg der Umsatz nominal um 1,6 %

WIESBADEN, 18-Dec-2017 — /EuropaWire/ — Das Gastgewerbe in Deutschland setzte im Oktober 2017 preisbereinigt (real) 0,5 % weniger um als im entsprechenden Vorjahresmonat. Wie das Statistische Bundesamt (Destatis) weiter mitteilt, stieg der Umsatz nominal (nicht preisbereinigt) um 1,6 %. Die Beherbergungsunternehmen erzielten im Oktober … Read the full press release

London Stock Exchange welcomes listing of the world’s first Indonesian offshore rupiah-denominated bond – Komodo bond

London Stock Exchange welcomes world’s first Komodo bond by an Indonesian State Owned Enterprise to its new International Securities Market Jasa Marga issues IDR 4 trillion bond to fund country’s infrastructure development plans Komodo bonds are Indonesian offshore rupiah-denominated bonds … Read the full press release