Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Inalca Food & Beverage enters Australian market through acquisition of 60% of companies Fresco Gourmet Pty Ltd and Itaus Pty Ltd

The majority stake has been acquired in two Sydney companies: “Fresco Gourmet” e ”Itaus” Castelvetro di Modena (Italy), 08-Jun-2016 — /EuropaWire/ — Inalca Food & Beverage, a company controlled by Inalca Spa (Gruppo Cremonini) and specialized in the international distribution of … Read the full press release

Vertom-Bojen Bereederungs GmbH & Co. KG implements DNV GL’s ShipManager fleet management software for its vessels

OSLO, 07-Jun-2016 — /EuropaWire/ — Vertom-Bojen Bereederungs GmbH & Co. KG is implementing DNV GL’s ShipManager integrated fleet management software to further improve cost efficiency, process optimization and quality of operations for 41 vessels. One fleet management system When Vertom and … Read the full press release

DNV GL publishes this year’s first issue of Maritime Impact magazine

Just in time for the Posidonia trade fair in Greece, DNV GL has published this year’s first issue of the classification society’s customer and stakeholder magazine Maritime Impact. It features outstanding projects with customers and covers digital innovation and other … Read the full press release

DNV GL’s Regional Manager for Oil & Gas in Norway Kjell Eriksson on the MSA with Statoil

The contract includes a broad scope of studies on topics such as safety, platform technology, structural reanalysis and pipeline technology. In addition it offers hull and structural inspection services, the competent control of complex lifting equipment and software, maintenance and … Read the full press release

GTT inaugurates its office in Shanghai

PARIS, 07-Jun-2016 — /EuropaWire/ — GTT has inaugurated, on June 3rd , its office in Shanghai: GTT China. Several officials from Chinese companies in the transport and industry of Liquefied Natural Gas (LNG) sectors attended the ceremony, in the company of … Read the full press release

Tyler Capital to implement Scila Compliance to monitor its trading for compliance with the latest regulatory requirements

London, Stockholm, 07-Jun-2016 — /EuropaWire/ — Tyler Capital, a leading technology-driven proprietary trading group based in London and Singapore, has chosen to implement Scila Compliance to monitor their trading for compliance with the latest regulatory requirements. Stockholm-based Scila AB is a … Read the full press release

Destatis: price-adjusted new orders in manufacturing decreased 2.0% in April vs March 2016

WIESBADEN, 06-Jun-2016 — /EuropaWire/ — Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had decreased in April 2016 a seasonally and working-day adjusted 2.0% on March 2016. For March 2016, revision of the … Read the full press release

ERGO to make comprehensive cross-channel offering available to customers and sales partners as part of its digital transformation

CEO Markus Rieß: “We are laying a solid foundation for a sustainable and successful future at ERGO.” Top priority for digitalisation Creation of a pure digital player Modernisation of the IT landscape Sales organisations to be bundled Cost savings of … Read the full press release

DHL Express Germany improves production processes with the opening of new logistics site at Hanover Airport

Express combines service station and European gateway in a EUR 32.5 Million facility to improve production processes BONN, 03-Jun-2016 — /EuropaWire/ — DHL Express Germany has officially opened its new site at Hanover Airport. With an overall floor space of about … Read the full press release

First round of EU and Mexico trade and investment negotiations to take place in Brussels this June

BRUSSELS, 31-May-2016 — /EuropaWire/ — EU Commissioner for Trade Cecilia Malmström met today the Secretary of Economy of Mexico Ildefonso Guajardo Villarreal to mark the beginning of new trade and investment negotiations between the two commercial partners. The objective of these … Read the full press release

Fortum to acquire majority stake in leading Nordic circular economy company Ekokem Corporation

ESPOO, 30-May-2016 — /EuropaWire/ — Fortum has signed an agreement with the four biggest owners of Ekokem Corporation, representing approximately 81% of the shares, to acquire their  shareholding in the company for approximately EUR 470 million. This would correspond to a debt … Read the full press release

Outokumpu completes share repurchase of 2,000,000 its own shares through public trading at Nasdaq Helsinki

ESPOO, 30-May-2016 — /EuropaWire/ — Outokumpu has now completed share repurchase which was announced on May 13, 2016. Between May 17, 2016 and May 26, 2016, Outokumpu repurchased 2,000,000 its own shares through public trading at Nasdaq Helsinki, with average price … Read the full press release

European Commission approves SABMiller Anheuser-Busch InBev SA/NV combination

LONDON, 27-May-2016 — /EuropaWire/ — SABMiller has been informed by Anheuser-Busch InBev SA/NV (“AB InBev”) that the European Commission has approved its recommended combination with SABMiller plc. European Commission approval in Phase I of the EU merger review process is a … Read the full press release

Yara International ASA to acquire Farm Management System business in Bulgaria and Romania from Bulgarian company MicroAccount

Yara International ASA has reached an agreement with the Bulgarian company MicroAccount to acquire their Farm Management System business in Bulgaria and Romania.OSLO, 24-May-2016 — /EuropaWire/ — “By combining Yara’s extensive crop nutrition knowledge with a broad portfolio of digital … Read the full press release

Safran Group of companies to communicate under a single brand name and logo: Safran

PARIS, 24-May-2016 — /EuropaWire/ — Safran is changing its companies’ names and its visual identity to bolster the Group’s position as a global industrial leader and accelerate its international growth. Effective today (May 19, 2016), all Group companies will be communicating … Read the full press release

SACE and CREVAL to provide €100 million to support international growth plans of IVS ITALIA S.p.A.

ROME, 23-May-2016 — /EuropaWire/ — SACE (CDP Group) and Credito Valtellinese have finalized a € 10 million line of credit, issued by CREVAL and guaranteed by SACE, earmarked for funding the international growth plans of IVS ITALIA S.p.A. IVS is the … Read the full press release

Hilti reports +7.4 percent increase in sales in Q12016 YoY

As expected, continued investments in sales, products and new services had a positive effect on the business performance of the Hilti Group. In the first four months of 2016, sales were up +7.4 percent in local currencies and +7.2 percent … Read the full press release

Cai Mep International Terminal container volume surged by 130% to 277,303 TEUs in Q1 2016 following five new service calls

Cai Mep, Vietnam, 18-May-2016 — /EuropaWire/ — With five new services calls added to Cai Mep International Terminal(CMIT) since May of 2015, container volume has surged by 130% to 277,303 TEUs for the first three months of 2016, as compared with … Read the full press release

K+S Q1 2016: Revenues and earnings significantly below the previous year’s levels due to the prevailing weakness in the potash market

Solid Salt earnings despite mild winter weather Decline in earnings in the Potash and Magnesium Products business unit Revenues of €1.1 billion (Q1/15: €1.4 billion) Operating earnings (EBIT I) of €218 million (Q1/15: €317 million) ‘Fit for the Future’ and ‘Salt 2020’ make important contributions … Read the full press release

Enea AB BoD to acquire and transfer treasury shares

STOCKHOLM, 17-May-2016 — /EuropaWire/ — The Board of Enea AB has decided to use the authorization received at the annual general meeting 2016 to acquire and transfer treasury shares. The authorization implies that acquisitions of treasury shares may only be made … Read the full press release