Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Burberry to acquire luxury leather-goods business from CF&P

LONDON, 15-May-2018 — /EuropaWire/ — Burberry today announces it has entered into an agreement to acquire a luxury leather-goods business from longstanding Italian partner CF&P. CF&P employees, including the team of expert craftsmen who have worked closely with Burberry for more … Read the full press release

SUEZ NWS and Cleanaway won the Dafa hazardous waste treatment facility contract in Kaohsiung, Taiwan

PARIS, 14-May-2018 — /EuropaWire/ — SUEZ NWS and Cleanaway1 won the Dafa hazardous waste treatment facility contract in Kaohsiung, located in south-western Taiwan. The contract provides for the acquisition of the plant by the two partners for €36 million and its … Read the full press release

Volvo Group completes divestment of Chinese subsidiary holding shares in Inner Mongolia North Hauler Joint Stock for approximately SEK 1.0 billion

GOTHENBURG, 14-May-2018 — /EuropaWire/ — Volvo Group has now completed the previously announced divestment of a Chinese subsidiary holding shares in Inner Mongolia North Hauler Joint Stock Co., Ltd (NHL) for approximately SEK 1.0 billion. The divestment resulted in a capital … Read the full press release

Silver is Gold: The first European Silver Economy Awards have announced its winners

May 3, 2018 ¦ Health Innovation Centre of Southern Denmark, Fraunhofer Institute Portugal and ProjectRay have been honoured as winners of the first edition of the European Silver Economy Awards. BRUSSELS, Belgium, 11-May-2018 — /EuropaWire/ — On Thursday May 3, the … Read the full press release

E.ON Climate & Renewables takes over the German activities of Kassel-based Vortex Energy

Expansion of onshore activities in Germany planned ESSEN, 10-May-2018 — /EuropaWire/ — E.ON wants to produce more wind energy in Germany. To implement this strategy, E.ON Climate & Renewables is now taking over the German activities of Kassel-based Vortex Energy. … Read the full press release

E.ON expands Management Board to prepare for the acquisition and integration of innogy

Leonhard Birnbaum to oversee completion of agreement with RWE and prepare for innogy integration Thomas König to lead network business ESSEN, 10-May-2018 — /EuropaWire/ — Following E.ON SE’s voluntary public takeover offer for all innogy stock, its Supervisory Board has … Read the full press release

Destatis: turnover in the main construction industry in February 2018 up 10.5% YoY

WIESBADEN, 10-May-2018 — /EuropaWire/ — As reported by the Federal Statistical Office (Destatis), turnover in the main construction industry in February 2018 was up 10.5% compared with the corresponding month of the previous year. At the end of February 2018 the … Read the full press release

Deutsche Post DHL Group increased Group revenue by a substantial 6.4% in the first quarter of 2018; 2018 Forecast confirmed

First-quarter Group revenue at prior-year level, 6.4% organic growth Operating profit increases to EUR 905 million 2018 Forecast confirmed: EBIT set to increase to approximately EUR 4.15 billion, with more than EUR 5 billion targeted for 2020 CEO Frank Appel: … Read the full press release

ArcelorMittal: merger clearance by the European Commission for AM Investco Italy Srl’s proposed acquisition of Ilva S.p.A

LUXEMBOURG, 08-May-2018 — /EuropaWire/ — ArcelorMittal (‘the Company’) announces that it has been granted merger clearance by the European Commission (‘EC’ or ‘the Commission’) for AM Investco Italy Srl (AM Investco)’s proposed acquisition of Ilva S.p.A (Ilva). EC merger clearance … Read the full press release

Consiglio Nazionale delle Ricerche and Eni partner over nuclear fusion, water, agriculture and the Arctic ecosystem

Over 20 million euro to conduct joint research in four areas of high scientific and strategic interest and to establish four research centers in Southern Italy. ROME, 08-May-2018 — /EuropaWire/ — The President of the National Research Council (Consiglio Nazionale delle Ricerche, … Read the full press release

Glencore-QIA Consortium: proposed sale of stake in Rosneft to CEFC China Energy Company Limited will no longer proceed

BAAR, 07-May-2018 — /EuropaWire/ — Glencore refers to the announcement on 16 October 2017 concerning the Consortium’s agreement to sell to CEFC China Energy Company Limited a 14.16% stake in Rosneft. The Consortium has today sent a notice to CEFC to … Read the full press release

European Bank for Reconstruction and Development (EBRD) helped establish the first Tourism and Hospitality Sector Skills Organisation in Jordan

Skills Organisation launched in Amman First Tourism and Hospitality Sector Skills Organisation in Jordan to help improve standards Huge potential for tourism and hospitality growth in Jordan Sector Skills Organisation to help boost employment in the country LONDON, 07-May-2018 — … Read the full press release

Prof. Dr Wolfgang Reitzle confirmed as Chairman of Linde AG’s Supervisory Board

MUNICH, 04-May-2018 — /EuropaWire/ — At the Annual General Meeting of Linde AG held today, the shareholder representatives were elected in rotation for the new Supervisory Board. At the constitutive meeting of the Supervisory Board held immediately after the AGM, the … Read the full press release

Salini Impregilo appointed Goldman Sachs to assess strategic options for the Plants and Paving business unit of Lane

MILAN, 04-May-2018 — /EuropaWire/ — In the context of consolidating its growth strategy in the US large infrastructure business sector, Salini Impregilo is currently evaluating several investment opportunities as well as non-core asset divestments options. To this end Salini Impregilo … Read the full press release

Bekaert to acquire Ontario Teachers’ 33% equity share in Bridon-Bekaert Ropes Group

Kortrijk, Belgium, 03-May-2018 — /EuropaWire/ — Bekaert and Ontario Teachers’ Pension Plan (Ontario Teachers’) have reached an agreement in principle for the acquisition by Bekaert of Ontario Teachers’ 33% equity share in Bridon-Bekaert Ropes Group. The ropes and advanced cords business, whose … Read the full press release

Dolf van den Brink appointed President of the Asia Pacific region at Heineken

AMSTERDAM, 01-May-2018 — /EuropaWire/ — Heineken N.V. today announces the appointment of Dolf van den Brink as President of the Asia Pacific region from 1 October 2018. Dolf van den Brink will join the Executive Team reporting to Jean-François van Boxmeer, … Read the full press release

AkzoNobel’s Annual General Meeting (AGM) appoints Nils Andersen as a new member of the Supervisory Board

AkzoNobel shareholders approve all resolutions at AGM Akzo Nobel N.V. (AKZA; AKZOY) AMSTERDAM, 01-May-2018 — /EuropaWire/ — AkzoNobel shareholders have today voted in favor of all resolutions at the company’s Annual General Meeting (AGM). As well as adopting the company’s … Read the full press release

AF Gruppen and OBOS to establish joint venture in building and construction – Construct Venture AS

OSLO, 27-Apr-2018 — /EuropaWire/ — AF Gruppen and OBOS are putting up 80 million to establish this joint venture initiative in building and construction – Construct Venture AS. The first investment for Construct Venture is being made in the company … Read the full press release

ZOOM International Introduces GDPR Compliance in 6.3 Release

New Capabilities offer an Industry First—No Additional Product Purchases to Achieve Compliance PRAGUE, 27-Apr-2018 — /EuropaWire/ — ZOOM International, a leader in call recording, workforce optimization, and compliance software for the omnichannel contact center, today announced support for the European … Read the full press release

Accenture Report: nearly all manufacturers are experimenting with artificial intelligence (AI)

However, while nearly all manufacturers are experimenting with AI, only a select few are reinventing products with AI at scale; Data quality and security remain challenges to AI adoption HANNOVER MESSE, 26-Apr-2018 — /EuropaWire/ — The vast majority of manufacturers … Read the full press release