Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Siemens raises gross proceeds of approx. €1.2 billion from the sale of 18.155 million ordinary shares in Osram Licht AG

Not for publication or distribution in the United States of America, Australia, Canada, Japan or South Africa or in any other jurisdiction in which offers or sales would be prohibited by applicable law. MUNICH 05-Oct-2017 — /EuropaWire/ — Siemens has … Read the full press release

Siemens to sell 17.34 % stake in Osram Licht AG; retains small number of shares

Not for publication or distribution in the United States of America, Australia, Canada, Japan or South Africa or in any other jurisdiction in which offers or sales would be prohibited by applicable law. MUNICH, 05-Oct-2017 — /EuropaWire/ — Today (017-Oct-04), … Read the full press release

Axiomatics Data-Centric Dynamic Authorization Product Suite Recommended in New KuppingerCole Analyst Report

KuppingerCole Executive View Report Cites Axiomatics for its Data Access Filter for Multiple Databases and Axiomatics SmartGuard™ for Big Data Solutions CHICAGO, IL, United States, 05-Oct-2017 — /EuropaWire/ — Axiomatics, the leader in fine-grained dynamic authorization, today announced that KuppingerCole … Read the full press release

Interbrand: Allianz brand value now at $10.059 billion

Allianz climbs for the seventh year running to 49th place in global ranking Allianz brand value rises 6 percent in 2017 versus 2016 Allianz brand value now at $10.059 billion, Interbrand study says MUNICH, 04-Oct-2017 — /EuropaWire/ — For the … Read the full press release

Glencore to acquire 26.73% of Volcan Compañia Minera S.A.A. for US$531 million

BAAR, 04-Oct-2017 — /EuropaWire/ — Glencore has concluded an agreement with certain shareholders (“Selling Shareholders”) of Volcan Compañia Minera S.A.A. (“Volcan”) pursuant to which Glencore has agreed to acquire 26.73% of the total class A common (voting) shares of Volcan at … Read the full press release

Vattenfall acquires additional 32 turbines in Wieringermeer wind farm

STOCKHOLM, 03-Oct-2017 — /EuropaWire/ — Vattenfall has increased its ownership in Wieringermeer wind farm with the acquisition of an additional 32 turbines in what will be the largest windfarm on the Dutch mainland. Vattenfall will own a total of 82 wind … Read the full press release

ESET: cyber-criminals exploited known vulnerability in Microsoft IIS 6.0 to install modified Monero mining software

BRATISLAVA, 03-Oct-2017 — /EuropaWire/ — ESET, a leading global cyber security company, has discovered a new threat whereby attackers infected vulnerable Windows web servers with a malicious cryptocurrency miner in order to mine Monero – a newer cryptocurrency alternative to Bitcoin. … Read the full press release

The Finnish Competition and Consumer Authority initiates further proceedings concerning the combination of Lemminkäinen and YIT Corporation

HELSINKI, 02-Oct-2017 — /EuropaWire/ — This stock exchange release may not be published or distributed, in whole or in part, directly or indirectly, in or into Canada, Australia, Hong Kong, South Africa, Japan or any other country where such publication or … Read the full press release

Cargotec: MacGregor’s Head office will be based in Singapore as of 1 October 2017

HELSINKI, 02-Oct-2017 — /EuropaWire/ — MacGregor, part of Cargotec, establishes its Head office in Singapore. This ends a period of more than three years where MacGregor has operated with a virtual head office. In line with MacGregor’s strategy execution the company … Read the full press release

Yara International ASA 3Q 2017 results will be released on Thursday 19 October 2017

OSLO, 02-Oct-2017 — /EuropaWire/ — Yara International ASA third quarter 2017 results will be released on Thursday 19 October 2017. The results will be available at www.yara.com from 08:00 CEST.The results will be presented at 09:30 CEST by President and CEO Svein Tore Holsether and CFO … Read the full press release

SAS survey: only 45 per cent with structured plan in place for compliance with the General Data Protection Regulation (GDPR)

Less than half have a structured plan in place to comply with GDPR; over half don’t fully understand the consequences of non-compliance Marlow, UK, 29-Sep-2017 — /EuropaWire/ — The General Data Protection Regulation (GDPR) will go into effect in 2018, making … Read the full press release

Commissioner Vestager: the trucks cartel fined a total of €3.8 billion – a record fine for a cartel in the EU’s 60 year history

BRUSSELS, 28-Sep-2017 — /EuropaWire/ — The Commission has today decided to fine Scania more than €880 million for its participation in a trucks cartel. Today’s decision marks the end of our investigation into a cartel that had lasted 14 years. It … Read the full press release

WMG Professor Janet Godsell: More and more companies are realising that overseas production is not as cost effective as it used to be

COVENTRY, 27-Sep-2017 — /EuropaWire/ — A new report launched today by researchers at WMG at the University of Warwick, and Reshoring UK, finds that UK companies that consider both direct and indirect reshoring of manufacturing gain best performance boosts and urges … Read the full press release

A.P. Møller – Mærsk A/S to sell Maersk Tankers A/S to APMH Invest A/S

COPENHAGEN, 26-Sep-2017 — /EuropaWire/ — A.P. Møller – Mærsk A/S [A.P. Moller – Maersk] has today signed an agreement to sell Maersk Tankers A/S [Maersk Tankers] to APMH Invest A/S, a subsidiary of A.P. Moller Holding A/S [A.P. Moller Holding] for … Read the full press release

Franz Hiesinger to succeed Gotthard Mayringe as CFO at Mayr-Melnhof Karton AG

VIENNA, 26-Sep-2017 — /EuropaWire/ — The Chief Financial Officer of Mayr-Melnhof Karton AG, Gotthard Mayringer, informed the Supervisory Board that he will not extend his current contract which runs until May 2018. The Supervisory Board expressed Mr. Mayringer its appreciation for his … Read the full press release

EBRD invests in green economy in the Western Balkans

Meat and dairy by-products could make regional economies greener LONDON, 25-Sep-2017 — /EuropaWire/ — The EBRD’s Green Economy Transition (GET) approach commits the Bank to raising its investment in the green economy to 40 per cent of annual business volume by 2020. This … Read the full press release

EBRD First VP Bennet meets with Mongolian president, officials

LONDON, 25-Sep-2017 — /EuropaWire/ — EBRD First Vice President Phil Bennett will visit Mongolia next week to meet President Khaltmaagiin Battulga, the interim government and the business community. It will be the first visit of a member of the Bank’s Executive Committee since the adoption … Read the full press release

EBRD expands operations in Morrocco, Bank VP leads ribbon-cutting ceremony

LONDON, 25-Sep-2017 — /EuropaWire/ — The EBRD’s Vice President of Banking, Alain Pilloux, is to visit Morocco from 25 to 29 September for meetings with government officials, businesses and project signings. Mr Pilloux’s visit also marks the expansion of the EBRD’s activities in the … Read the full press release

French and Indian Aerospace communities enhance ties to encourage and support French SMEs in India

St Cloud, France, 25-Sep-2017 — /EuropaWire/ — Rafale International consisting of Dassault Aviation, Safran and Thales have met more than 100 French SMEs in two-days Business to Business events. These events held  with Indian officials took place in Paris on the 19th … Read the full press release

AkzoNobel and Volvo Ocean Race innovate Race Boat Experience

AMSTERDAM, 25-Sep-2017 — /EuropaWire/ — Visitors to the race villages in the forthcoming Volvo Ocean Race will be able to explore a life-size replica of the competing Volvo Ocean 65 (VO65) yachts as part of a major attraction being presented in … Read the full press release