Category Archives: Business

Business Press Releases & News distributed via EuropaWire

ArcelorMittal and Gerdau to sell their respective 50% interests in Gallatin Steel Company to Nucor Corporation for US$770m

Luxembourg and Porto Alegre, 17-9-2014 — /EuropaWire/ — ArcelorMittal and Gerdau jointly announced today that they have entered into a definitive transaction agreement to sell their respective 50% interests in Gallatin Steel Company (“Gallatin”) to Nucor Corporation for a total … Read the full press release

Fiat S.p.A. announces that it intends to proceed with note issuance denominated in Swiss Francs

TURIN, 17-9-2014 — /EuropaWire/ — Fiat S.p.A. announces that it intends to proceed, subject to market conditions, with a note issuance denominated in Swiss Francs. The notes are to be issued in benchmark size for the Swiss market by Fiat … Read the full press release

SAF Tehnika exhibited at “CTIA 2014” in Las Vegas, USA

Riga, Latvia, 17-9-2014 — /EuropaWire/ — According to the agreement L-ĀTA-14-2194 (project No. ĀTA/2.3.1.1.1./14/62/027) regarding implementation of the project “Participation of “SAF Tehnika” JSC in international exhibitions” and concluded between „SAF Tehnika” JSC and government institution „The Investment and Development Agency of Latvia” of … Read the full press release

Solvay strengthens its aluminum brazing capabilities with the acquisition of Flux Schweiß- und Lötstoffe GmbH

Hannover, 17-9-2014 — /EuropaWire/ — Solvay has acquired Flux Schweiß- und Lötstoffe GmbH (Flux) to complement its aluminum brazing capabilities and products with fast-growing formulations for automotive heat exchangers and stationary heat, ventilation and air conditioning units. A flourishing and innovative … Read the full press release

AREVA selected by RWE to supply fuel assemblies to the Emsland nuclear power plant near Lingen Germany

PARIS, 17-9-2014 — /EuropaWire/ — AREVA has been selected by the utility RWE to supply fuel assemblies to the Emsland nuclear power plant located near Lingen, Germany. From 2016 to 2020, the power plant will receive a total of four … Read the full press release

Accenture provides strategy and technology services as EXPO 2015 Global Systems Integration Partner with the release of EXPO Milano 2015 Official App

Accenture provides strategy and technology services as EXPO 2015 Global Systems Integration Partner and enables digital experience for visitors MILAN, 17-9-2014 — /EuropaWire/ — Visitors to next year’s EXPO Milan 2015 can begin planning their visits now with a free mobile app … Read the full press release

Pöyry awarded by Energy Absolute Public Company Limited with engineering assignments for EA Solar Lampang solar PV (photovoltaic) power plant in Thailand

Vantaa, Finland, 17-9-2014 — /EuropaWire/ — Energy Absolute Public Company Limited has awarded Pöyry with engineering assignments for EA Solar Lampang solar PV (photovoltaic) power plant in Thailand. The assignments include technical assistance to the client during the implementation phase until start … Read the full press release

Montes del Plata, Stora Enso’s joint operation with Chilean pulp producer Arauco inaugurated its industrial complex in Punta Pereira, Uruguay

HELSINKI, 16-9-2014 — /EuropaWire/ — Montes del Plata, Stora Enso’s 50/50 joint operation with the Chilean pulp producer Arauco, officially inaugurated its industrial complex located in Punta Pereira, Uruguay. The Uruguayan President José Mujica together with government officials from Uruguay, … Read the full press release

Skanska signs USD 150M contract to renovate and expand Riverside Community Hospital in Riverside, California, USA

New York, 16-9-2014 — /EuropaWire/ — Skanska has signed a contract to renovate and expand Riverside Community Hospital in Riverside, California, USA. The contract value is USD 150 M, about SEK 990 M, which will be included in order bookings … Read the full press release

Ocean Yield ASA agrees to fund USD 100M investment for AKOFS’s “Aker Wayfarer” vessel modification against bareboat charter extension from September 2020 until September 2027

OSLO, 16-9-2014 — /EuropaWire/ — Ocean Yield ASA has today been notified that Aker Oilfield Services (“AKOFS”), a subsidiary of Aker Solutions, has been awarded a contract over five years by Petrobras to provide subsea intervention services offshore Brazil with … Read the full press release

Die „schräge“ Projektentwicklung der STRABAG Real Estate gewinnt FIABCI Prix d’Excellence Germany 2014

Berlin, 16-9-2014 — /EuropaWire/ — Die Tanzenden Türme haben es geschafft: Das Projekt der STRABAG Real Estate GmbH (SRE) an der Hamburger Reeperbahn hat den 1. Platz beim FIABCI Prix d’Excellence Germany 2014 belegt. Auf der feierlichen Gala am Abend … Read the full press release

BKW Group reports strong result in the first half of 2014

BERN, 15-9-2014 — /EuropaWire/ — BKW Group achieved a strong result in the first half of 2014, recording an increase in total operating revenue. Operating profit before depreciation, amortisation and impairment decreased to CHF 224 million and net profit to CHF … Read the full press release

BKW accelerates its entry in the heating installation market with the acquisition of Neukom Installationen AG, Hertig Haustechnik AG and Cantoni Haustechnik AG

BERN, 15-9-2014 — /EuropaWire/ — BKW is now active in the heating installation market. In order to accelerate market entry, it has acquired the companies Neukom Installationen AG (Rafz), Hertig Haustechnik AG (Wohlen) and Cantoni Haustechnik AG (Wohlen). All three of … Read the full press release

Experian research: UK drivers aged between 18 to 24 least likely to use internet as first source of information before buying a car

Three out of four car purchases are made through manufacturer/independent dealerships Nottingham, UK, 15-9-2014 — /EuropaWire/ — Drivers aged between 18 to 24 are the least likely to use the internet as the first source of information before buying a car, … Read the full press release

Wintershall expands its oil and gas production and reserves with the acquisition of shares from Norwegian company Statoil ASA

Wintershall to acquire shares in oil and gas fields from Statoil for 1.25 billion US Dollar Daily production in Norway will increase to around 60,000 barrels of oil equivalent Kassel, Germany, 15-9-2014 — /EuropaWire/ — BASF Group company Wintershall is further … Read the full press release

UKFast CEO Lawrence Jones acquires Town and Field which owns Le Farinet hotel and bar in Verbier, Switzerland

MANCHESTER, 15-9-2014 — /EuropaWire/ — British entrepreneur Lawrence Jones has completed a multi-million pound deal to acquire the UK company behind an exclusive ski resort’s first ever hotel. The UKFast CEO this week completed the purchase of Town and Field … Read the full press release

Gamesa signs contract with Everbright for the supply of 48 MW at Changfangshan wind farm in China

Gamesa will install 24 units of the G97-2.0 MW at Changfangshan wind farm located in the province of Shanxi. The project marks this Chinese company’s debut in the wind sector. The two parties have also agreed a potential supply arrangement … Read the full press release

Gamesa and its employees’ union representatives signed second edition of the Equality Plan reinforcing its commitment to diversity and equal opportunities for the men and women

A special-purpose taskforce has identified seven areas for improvement on which the parties will work during the next three years in order to ensure the firm’s goal of zero discrimination and improve employees’ work-life balance Biscay, Spain, 15-9-2014 — /EuropaWire/ — Gamesa … Read the full press release

Henkel listed in the Dow Jones Sustainability Index and Dow Jones Sustainability Index Europe for the eighth consecutive year

For the eighth consecutive year, Henkel has been listed in the Dow Jones Sustainability Index (DJSI World) and Dow Jones Sustainability Index Europe (DJSI Europe). The inclusion in both indices confirms Henkel’s excellent performance among the leading companies in the … Read the full press release

Gemalto introduces Allynis Trusted Services Hub to enable digital service providers to benefit from single connection to securely deploy their mobile payment services

Amsterdam, 12-9-2014 — /EuropaWire/ — Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, today introduces its Allynis Trusted Services Hub, a turnkey business service that enables financial institutions, enterprises, transport operators and more generally all digital service providers to … Read the full press release