Category Archives: Business

Business Press Releases & News distributed via EuropaWire

ABB launched its latest generation Fiber Optic Current Sensor (FOCS-FS) to complement its portfolio of optical sensors

Enabling digital substations and smart grids Zurich, Switzerland, 21-8-2014 — /EuropaWire/ — ABB, the leading power and automation technology group, today announced the launch of its latest generation Fiber Optic Current Sensor (FOCS-FS) to complement its portfolio of optical sensors. The … Read the full press release

K+S Group announced board and management changes

Norbert Steiner to remain chairman of the Board of Executive Directors until May 2017 Term of office for Dr. Burkhard Lohr extended until May 2020 Gerd Grimmig to retire with effect from 30 September 2014 Kassel, Germany, 21-8-2014 — /EuropaWire/ — Norbert … Read the full press release

Raiffeisen rückt Ziele näher: Mit Zielsparen und Slackline um die Welt

Herbstkampagne mit Marcel Hirscher setzt auf junge Erwachsene Motto „Geh deinen eigenen Weg. Dann kannst du jedes Ziel erreichen.“ „Around-the-World“-Flugtickets zu gewinnen Raiffeisen-Zielsparen im Fokus VIENNA, 21-8-2014 — /EuropaWire/ — Ein Raiffeisen-Beratungsschwerpunkt im diesjährigen Herbst widmet sich ganz den jungen Erwachsenen. Die … Read the full press release

ABB achieved significant breakthrough in switchgear technology with deployment of new insulation gas mixture as substitute for sulfur hexafluoride

New gas mixture offers alternative to SF6 and has potential to reduce carbon footprint of GIS by up to 50 percent – technology to be deployed in a Swiss pilot project. Zurich, Switzerland, 21-8-2014 — /EuropaWire/ — ABB, the leading power … Read the full press release

LUKOIL: first batch of oil in reimbursement of the costs incurred by LUKOIL as part of the West Qurna-2 project shipped

MOSCOW, 21-8-2014 — /EuropaWire/ — Sea Triumph, a tanker chartered by LITASCO (an international marketing subsidiary of OAO LUKOIL), left the port of Basra in southern Iraq with a load of crude. This is the first batch of oil in reimbursement of the costs incurred by … Read the full press release

OAO LUKOIL fulfilled its dividend-payment obligations based on the 2013 financial performance

MOSCOW, 21-8-2014 — /EuropaWire/ — By virtue of the decision made at the Annual General Meeting of OAO LUKOIL of June 26, 2014, the company has fulfilled its dividend-payment obligations based on the 2013 financial performance. In view of the new dividend payment … Read the full press release

airberlin achieved slightly improved operating result in Q2-2014 with turnover up 2,9% to EUR 1,146.4 million

BERLIN, 21-8-2014 — /EuropaWire/ — First elements of restructuring program announced airberlin achieves positive net result Year-on-year operating result (EBIT) slightly improved Increased revenue due to stable passenger numbers and increased yield Cost reduction initiatives are showing results Sufficient liquidity for … Read the full press release

GfK to present at dmexco 2014 in Cologne, Germany on September 10 & 11

Nuremberg, Germany, 20-8-2014 — /EuropaWire/ — GfK is making the ‘connected consumer’ the focus of its presence at dmexco 2014 (Digital Marketing Exposition & Conference), to be held in Cologne, Germany, on September 10 & 11. As well as delivering a preview of … Read the full press release

SAF Tehnika reports non-audited consolidated EUR 3.46 million net sales of for the fourth quarter of financial year 2013/14

Riga, Latvia, 20-8-2014 — /EuropaWire/ — The SAF Tehnika’s non-audited consolidated net sales for the fourth quarter of financial year 2013/14 were 3.46 million EUR, increasing by 4% or 0.12 million EUR compared to the fourth quarter of the previous financial year and … Read the full press release

Electrolux confirms discussions regarding possible acquisition of the appliances business of GE

STOCKHOLM, 20-8-2014 — /EuropaWire/ — AB Electrolux today confirmed that it is in discussions regarding a possible acquisition of the appliances business of GE. No agreement has been reached, and there can be no assurances that an agreement will be reached. Any … Read the full press release

Electrolux opens registrations for its annual Capital Markets Day

STOCKHOLM, 20-8-2014 — /EuropaWire/ — Registrations are now open for Electrolux annual Capital Markets Day, which will take place in Charlotte, North Carolina on November 20, 2014. The seminar will be hosted by Keith McLoughlin, President and CEO, and Tomas Eliasson, CFO, together … Read the full press release

FLSmidth wins EUR 68m contract from Nyumba Ya Akiba SARL to supply equipment and engineering for cement plant in Democratic Republic of Congo

Company Announcement to the Danish Financial Supervisory Authority No. 18-2014, 20 August 2014 COPENHAGEN, 20-8-2014 — /EuropaWire/ — FLSmidth has won a contract worth EUR 68m (DKK 507m) from Nyumba Ya Akiba SARL to supply a complete package of equipment and engineering … Read the full press release

Pöyry PLC announces changes to its management structure

Vantaa, Finland, 20-8-2014 — /EuropaWire/ — Pöyry continues to streamline its business operations and adjusts its management structure with a view to improving efficiency. Alexis Fries, President and CEO will act as Chairman of Pöyry’s Regional Operations. Marcelo Cordaro, 51, BSc, MSc and … Read the full press release

SportAccord extends current partnership agreement with the Swatch Group through to 2018

Lausanne, Switzerland, 20-8-2014 — /EuropaWire/ — The International Sport Federations Union – SportAccord, today announced an extension to its current partnership agreement with the Swatch Group through to 2018. The announcement, made at Maison Du Sport (MSI), in Lausanne, Switzerland, means the … Read the full press release

Weitere Projektentwicklung der STRABAG Real Estate in Hannover

Auf dem Grundstück Podbielskistraße/Pasteurallee entsteht ein Wohn- und Bürogebäude mit ca. 16.500 m² BGF Architektenwettbewerb ist entschieden Hannover, 19-8-2014 — /EuropaWire/ — Die STRABAG Real Estate GmbH (SRE), Bereich Hannover, entwickelt ein weiteres Projekt in Hannover: Im Stadtteil Groß- Buchholz an … Read the full press release

Nokia company HERE recognized by Frost & Sullivan as trailblazer in developing connected vehicle technology

Berlin, Germany, 19-8-2014 — /EuropaWire/ — HERE, a leader in mapping and location, has been recognized by global research and consulting firm Frost & Sullivan as a trailblazer in developing connected vehicle technology. In the report detailing the award, Frost & … Read the full press release

The Zumtobel Group and Borussia Dortmund partner for various lighting projects

Dornbirn, Austria / Dortmund, Germany, 19-8-2014 — /EuropaWire/ — The Zumtobel Group and Borussia Dortmund (BVB) have signed an agreement governing a partnership. The deal was announced yesterday by the CEO of the Zumtobel Group, Ulrich Schumacher and the Chairman of … Read the full press release

Skanska announced Senior Executive Team changes and new Business Unit President Skanska USA Civil

Stockholm, Sweden, 19-8-2014 — /EuropaWire/ — Mike McNally, Executive Vice President Skanska, responsible for our U.S. constructions units Skanska USA Civil and Skanska USA Building, will retire from Skanska by the end of year 2014. Mike McNally will be succeeded as of … Read the full press release

Swiss energy company BKW to partner with intelligent energy management solutions provider Entelios

Intelligent energy management BERN, 19-8-2014 — /EuropaWire/ — BKW enters into cooperation with Entelios, a leading provider of intelligent energy management solutions. This will enable BKW’s industrial and SME customers to participate in the power and energy balancing markets and earn … Read the full press release

Sanofi and PATH announced the market debut for the first antimalarial treatments produced with semisynthetic artemisinin

First shipment marks a critical step in improving access to treatment worldwide Paris, France, and South San Francisco, United States, 19-8-2014 — /EuropaWire/ — Sanofi (Euronext: SAN and NYSE: SNY) and PATH today announced the delivery of the first large-scale batches of … Read the full press release