Category Archives: Business

Business Press Releases & News distributed via EuropaWire

AkzoNobel explores opportunities in building a world-class facility for the buildings and construction industries

AMSTERDAM, 25-Sep-2017 — /EuropaWire/ — AkzoNobel’s Specialty Chemicals business is studying plans to build a world-class plant for its Bermocoll® business, which supplies essential ingredients for the paint and buildings and construction industries. The study – expected to be completed by … Read the full press release

US FDA gives Actamax go signal to conduct trial on Actamax Adhesion Barrier

Parsippany NJ, US, 25-Sep-2017 — /EuropaWire/ — Actamax Surgical Materials LLC, a wholly owned subsidiary of DSM, focused on design of bioresorbable medical devices to reduce the burden of post-operative complications for patients undergoing surgery, announced it has received conditional approval … Read the full press release

SecBI and Innovery Announce Partnership to Promote SecBI’s “Autonomous Investigation” Cybersecurity Solution to the Italian and Spanish Markets

Tel Aviv, Israel and Rome, Italy, 25-Sep-2017 — /EuropaWire/ — SecBI, a leading developer of advanced cybersecurity threat detection solutions, and Innovery, a leading ICT services provider and software developer, today announced a partnership for distributing SecBI products in Italy … Read the full press release

Mercedes-Benz expands operations in the US with a $1.2-B investment

Investment announcement made during the Tuscaloosa based plant’s 20th anniversary celebration. Strategic move of Mercedes-Benz to start production of electric passenger cars in the U.S. as part of its worldwide electric initiative. Tuscaloosa plant will manufacture SUV models for the company’s … Read the full press release

Solvay’s full year guidance updated to reflect discontinued operations of the polyamide activities

BRUSSELS, 20-Sep-2017 — /EuropaWire/ — Solvay publishes today restated consolidated financial information for 2015, 2016 and the first half of 2017, reflecting the reclassification in discontinued operations of the polyamide activities to be sold to BASF. The planned divestment, with … Read the full press release

Solvay: BASF to acquire Polyamides for EUR 1.6 billion

BASF agrees to acquire Polyamides for €1.6 billion BRUSSELS, 20-Sep-2017 — /EuropaWire/ — Solvay has entered into a binding agreement with German chemical company BASF for the sale of its Polyamides business, a crucial step in Solvay’s transformation towards a … Read the full press release

Stora Enso divested its 35% in Bulleh Shah Packaging (Private) Ltd. in Pakistan

HELSINKI, 19-Sep-2017 — /EuropaWire/ — Stora Enso has completed the divestment announced on 26 July 2017 of its 35% holding in the equity accounted investment Bulleh Shah Packaging (Private) Ltd. in Pakistan to the main owner Packages Ltd. The total cash … Read the full press release

thyssenkrupp completes the sale of CSA Siderúrgica do Atlântico (CSA) steel mill in Brazil to Latin American steelmaker Ternium for EUR 1.5 billion

ESSEN, 12-Sep-2017 — /EuropaWire/ — The sale of the CSA Siderúrgica do Atlântico (CSA) steel mill in Brazil to the Latin American steelmaker Ternium is complete. With the closing of the transaction thyssenkrupp has received the purchase price (enterprise value) of … Read the full press release

Henkel strengthens its Hair Professional business with the acquisition of Nattura Laboratorios

Henkel further strengthens its Beauty Care business Düsseldorf, Germany, 08-Sep-2017 — /EuropaWire/ — Henkel has successfully closed the acquisition of Nattura Laboratorios, S.A. de C.V., headquartered in Guadalajara, Mexico. The agreement to acquire Nattura Laboratorios and associated companies in the USA, … Read the full press release

World’s first blockchain platform for the marine insurance sector launches

LONDON, 06-Sep-2017 — /EuropaWire/ — EY and Guardtime announce the world’s first blockchain platform for the marine insurance sector. The platform launches in collaboration with A.P. Møller-Maersk A/S, ACORD, Microsoft, MS Amlin, Willis Towers Watson and XL Catlin and after a … Read the full press release

EY becomes a Strategic Learning Advisor for YPO globally

EY and YPO will exchange ideas, thought leadership and network influence to drive growth and innovation across the organizations’ global communities LONDON, 06-Sep-2017 — /EuropaWire/ — EY has announced that it will work in collaboration with YPO, a leading global platform … Read the full press release

CapMan appoints Joakim Frimodig as CEO

HELSINKI, 06-Sep-2017 — /EuropaWire/ — Interim CEO and Deputy CEO of CapMan Joakim Frimodig has been appointed CEO of CapMan as of 1 September 2017. Frimodig has acted as Interim CEO from 4 May 2017. Earlier he has been responsible for … Read the full press release

EWE 1H 2017: sales up to EUR 4,209.1 million

Half-year results reflective of challenging business enviroment Consolidated net income for the period falls again adjusted for non-recurring items in the previous year Operating EBIT slightly below that of previous year Capital expenditure higher in regional fibre-optic network expansion and … Read the full press release

“Heillandi Peking” Ljósmyndasýning um ferðalög haldin í Reykjavík

(Aðeins sem tilvísun og háð viðburðinum) Reykjavík, Íslandi, 02-Sep-2017 — /EuropaWire/ — „Heillandi Peking“, ljósmyndasýning um ferðalög var haldin í Reykjavík þann 11. ágúst í boði framkvæmdastjórnar Peking um þróun ferðamála (Beijing Municipal Commission of Tourism Development). Zhang Weidong, kínverski … Read the full press release

Kapsch TrafficCom 1Q 2017/18: Revenues up by 7.9%; EBIT down by 33.4%

Highlights. Revenues increased by 7.9% to EUR 164.3 million EBIT is -33.4% below last year’s comparison value which included a one-time effect Profit for the period has also dropped (-46.2%) No net debt: net credit of EUR 13.4 million After the end of the … Read the full press release

Hapag-Lloyd 1H 2017: EBITDA and EBIT significantly higher than previous year

HAMBURG, 01-Sep-2017 — /EuropaWire/ — EBITDA and EBIT significantly higher than previous year / Transport volume up by 14% / Freight rates continue to recover / Integration and synergy delivery on track / First outlook including UASC In the first … Read the full press release

Grammy Winner Coolio & Wrestling Legend Virgil on an Adult Star’s Presidential Ticket – Press Conference

https://www.youtube.com/watch?v=FzCkG_XJM9Y Embarrassed by the state of the country, adult star Cherie DeVille wants to lead by example, bringing change to the country – a Real Person for the People DeVille’s Team features Coolio as Vice President, with WWE great Virgil … Read the full press release

Wärtsilä now targeting a rapid global growth in the hydro market

HELSINKI, 23-Aug-2017 — /EuropaWire/ — In June 2016, Wärtsilä acquired American Hydro, a specialist in optimising, upgrading and servicing hydroelectric and water distribution systems. With its offering of consultancy, design and precision performance enhancement services for hydro-turbines and pumps, the company … Read the full press release

UK Gov: Scotland’s deficit is more than three times higher than that of the UK

Figures published today show that Scotland’s deficit is more than three times higher than that of the UK as a whole LONDON, 23-Aug-2017 — /EuropaWire/ — Reacting to the Scottish Government’s GERS figures, published today, Scottish Secretary David Mundell said: These figures from … Read the full press release

UK: Competition and Markets Authority found competition concerns in the merger between Cygnet and Cambian Adult Services

The CMA has provisionally found competition concerns in the merger between Cygnet and the Cambian Adult Services division of the Cambian Group. LONDON, 23-Aug-2017 — /EuropaWire/ — Universal Health Services, Inc. – through its subsidiary Cygnet Health Care Limited (Cygnet) – acquired … Read the full press release