Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Digi Communications N.V. announces the publishing of Independent Limited Assurance Report issued by the external auditor of the Company on 30 July 2020 regarding the information included in the current reports issued by the Company under Law 24/2017 (Article 82) and FSA Regulation no. 5/2018

(PRESS RELEASE) BUCHAREST, Romania, 30-Jul-2020 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”) announces that on July 30, 2020, the Independent Limited Assurance Report issued by the external auditor of the Company on 30 July 2020 regarding the … Read the full press release

Telefónica and Axiata partner over cybersecurity, cloud, IoT/Big Data

The two companies join forces in a strategic partnership under the Telefónica Partners Program The agreement leverages on the companies’ footprints in Asia, Europe and Latin America and the growing demand of these services in these regions It focuses on … Read the full press release

New Customer Data Platform Options Emerge During Pandemic Slowdown: CDP Institute Report

CDP Institute Logo New

(PRESS RELEASE) SWARTHMORE, PA, U.S.A., 28-Jul-2020 — /EuropaWire/ — The Customer Data Platform industry continued to grow in the first half of 2020, but at a slower pace as cautious buyers absorbed pandemic-related budget cuts and assessed new entries from … Read the full press release

Digi Communications N.V. announces The Competition Council authorized the economic concentration accomplished by the Company’s Romanian subsidiary („RCS&RDS”) by gaining control over some of the assets held by Akta Telecom S.A., Digital Cable Systems S.A. and ATTP Telecommunications S.R.L.

(PRESS RELEASE) BUCHAREST, Romania, 27-Jul-2020 — /EuropaWire/ — The Company would like to inform its investors and the market that on July 24, 2020, the Competition Council issued the decision no. 38/21.07.2020 („RCC Decision”), authorising the economic concentration acomplished by RCS&RDS … Read the full press release

Sika in 1H2020: Despite COVID-19 growth in local currencies; focus on cash flow and liquidity; more favorable market conditions expected in 2H2020

Sales growth of 2.9% in local currencies to CHF 3,614.6 million (–3.2% in CHF) High negative currency effect of –6.1% (impact of minus CHF 225 million in sales and CHF 29 million in EBIT) Maintained high EBITDA margin of over … Read the full press release

Unilever 1H-2020: business demonstrates resilience; cash flow up; dividend maintained

(PRESS RELEASE) LONDON, 23-Jul-2020 — /EuropaWire/ — British-Dutch multinational consumer goods company Unilever has announced its results for the first half of 2020, which show that overall underlying sales declined 0.1%, with developed markets up 2.4% and emerging markets down … Read the full press release

Rio Tinto Diamonds: despite unprecedented challenges due to COVID-19 pandemic the company safeguards the livelihoods of many in the industry

(PRESS RELEASE) LONDON, 23-Jul-2020 — /EuropaWire/ — Leading global metals and mining corporation Rio Tinto has announced it continued to produce and market its diamonds throughout the challenges posed by the COVID-19 pandemic. Rio Tinto, 100 per cent owner of … Read the full press release

Iberdrola 1H-2020: €1.84 billion net profit; reaffirms its guidance for the end of the year

(PRESS RELEASE) BILBAO, 22-Jul-2020 — /EuropaWire/ — Spanish multinational electric utility company Iberdrola has announced its first half of 2020 results including guidance for the entire 2020. Commenting on the results, Ignacio Galán, CEO of Iberdrola, said that the company … Read the full press release

Covestro announces the extension of contract of Board Member and CFO Dr. Thomas Toepfer until 2026

(PRESS RELEASE) LEVERKUSEN, 20-Jul-2020 — /EuropaWire/ — German producer of specialty chemicals, Covestro AG announces the decision of its Supervisory Board to extend the contract of Board of Management member Dr. Thomas Toepfer earlier than scheduled by five years from … Read the full press release

Arkema acquires high-performance thermobonding adhesive powders specialist Fixatti

(PRESS RELEASE) COLOMBES, France, 20-Jul-2020 — /EuropaWire/ — Specialty chemicals and advanced materials company, Arkema announces the proposed acquisition of Fixatti, a company specialized in high-performance thermobonding adhesive powders. The acquisition is part of Bostik’s targeted growth strategy in high … Read the full press release

Aviva sells 76% shareholding in Friends Provident International Limited (“FPIL”) to International Financial Group Limited (“IFGL”) for £259 million

(PRESS RELEASE) LONDON, 16-Jul-2020 — /EuropaWire/ — British multinational insurance company, Aviva plc (“Aviva”) announces the closing of the sale of Friends Provident International Limited (“FPIL”) to RL360 Holding Company Limited (“RL360”), a subsidiary of International Financial Group Limited (“IFGL”). … Read the full press release

Total 2019 dividend: 62% of rights were exercised in favour of receiving the payment for the final 2019 dividend in shares

(PRESS RELEASE) PARIS, 14-Jul-2020 — /EuropaWire/ — French energy group Total has announced the results of the option to receive the final 2019 dividend in shares. The company’s shareholders meeting which was held on May 29, 2020, offered the option … Read the full press release

New fully integrated telecommunications operator in Australia now formed: Vodafone Hutchison Australia Pty Limited (VHA) and TPG Telecom Limited (TPG) merger completed

(PRESS RELEASE) BERKSHIRE, 13-Jul-2020 — /EuropaWire/ — British multinational telecommunications company Vodafone Group Plc has announced that the merger between Vodafone Hutchison Australia Pty Limited (VHA) and TPG Telecom Limited (TPG) have now been completed. The newly formed entity will … Read the full press release

Promozione Alberghiera and MARR unveil operational plan to help hoteliers make a better use of the tax credit called The Holiday Bonus

(PRESS RELEASE) RIMINI, 10-Jul-2020 — /EuropaWire/ — Italy’s largest hotels cooperative Promozione Alberghiera and MARR S.p.A., a major distributor of food products for out-of-home food consumption controlled by the Cremonini Group, have announced a solution aimed at helping tourist operators … Read the full press release

Mono and Brandify partner to bring appointment booking to local businesses

(PRESS RELEASE) COPENHAGEN, 10-Jul-2020 — /EuropaWire/ — Mono Solutions announces their partnership with Brandify, the leader in local presence for multi-location brands, to bring appointment booking to local businesses across North America. With more than 20 years of experience providing … Read the full press release

EQT Infrastructure IV’s Asia Pacific Village Group Limited to acquire Metlifecare, major retirement villages operator

APVG, an entity owned by EQT Infrastructure has entered into a new Scheme Implementation Agreement to acquire 100 percent of Metlifecare’s shares The transaction consideration of NZD 6.00 per share gives a total consideration of approximately NZD1.3 billion Metlifecare’s largest … Read the full press release

Axel Springer overhauls its News Media National organization; simplifies structure with clear executive responsibilities that places journalism at its core

(PRESS RELEASE) BERLIN, 10-Jul-2020 — /EuropaWire/ — Europe’s largest digital publishing house Axel Springer SE has announced a reorganization of its News Media National structure where editorial capacities and brand-specific publishing divisions will be bundled while Editors-in-Chief of BILD and … Read the full press release

Rolls-Royce 1H 2020: historic shock in civil aviation due to COVID-19 which will take several years to recover

(PRESS RELEASE) LONDON, 9-Jul-2020 — /EuropaWire/ — Rolls-Royce Holdings plc (LEI: 213800EC7997ZBLZJH69) has announced its trading update on the first half 2020. According to the company’s CEO Warren East the COVID-19 pandemic has created a historic shock in civil aviation … Read the full press release

bp to supply 300,000 tonnes per year of pipeline gas re-gasified from LNG in Guangdong for Chinese ENN Group

Integrating international gas value chains to create lower carbon energy solutions for China (PRESS RELEASE) LONDON, 9-Jul-2020 — /EuropaWire/ — Multinational oil and gas company bp has announced that it has signed a gas supply agreement with ENN Group (ENN), … Read the full press release

SMEs delivered 80% of the supplies and services for the new bridge in Genoa

(PRESS RELEASE) MILAN, 9-Jul-2020 — /EuropaWire/ — Leading construction group, with focus on large and complex projects, Webuild, formerly Salini Impregilo, has announced that almost 330 small and medium sized companies from across Italy provided more than €160 million in … Read the full press release