Category Archives: Business

Business Press Releases & News distributed via EuropaWire

K+S Chairman of the Executive Board Norbert Steiner: Our overall earnings in the first half of the current financial year were very strong

Outstanding performance in the Salt Business Higher average prices in the Potash and Magnesium Products business unit Operating earnings (EBIT I) up 32 % to € 496 million ‘Fit for the Future’ delivers expected results Legacy Project still on schedule … Read the full press release

GfK reports an increase in sales by 7.1 percent in the first six months of 2015 YoY

NUREMBERG, 17-8-2015 — /EuropaWire/ — GfK achieved an increase in sales by 7.1 percent in the first six months of 2015 compared to the same period of the previous year. Adjusted operating income rose by 3.7 percent to €71.2 million. … Read the full press release

Q2 2015: APM Terminals reports profit of USD 161m (USD 223m) and a ROIC of 10.9% (14.2%)

The Hague, Netherlands, 17-8-2015 — /EuropaWire/ — APM Terminals delivered a profit of USD 161m (USD 223m) and a ROIC of 10.9% (14.2%). The underlying profit was  USD 159m (USD 211m). The result was  negatively impacted by a revenue reduction of 8.6% … Read the full press release

Henkel CEO Kasper Rorsted on Q2 results 2015: solid performance in the second quarter

Sales: +13.5% to 4,695 million euros (organic: +2.4%) Operating profit*: +14.0% to 768 million euros EBIT margin*: +0.1 percentage points to 16.4% Earnings per preferred share* (EPS): +11.2% to 1.29 euros Strong organic sales growth in emerging markets: +5.1% Düsseldorf … Read the full press release

Pearson to sell its 50% stake in The Economist Group for £469 million, payable in cash

Pearson is today announcing that it has agreed to sell its 50% stake in The Economist Group for £469 million, payable in cash. LONDON, 13-8-2015 — /EuropaWire/ — EXOR S.p.A. has agreed to purchase 27.8% of The Economist Group’s Ordinary … Read the full press release

Gemalto to deliver EMV​ consulting services to consortium of leading U.S. debit network providers

AMSTERDAM, 13-8-2015 — /EuropaWire/ —  Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, has been selected by the Debit Network Alliance1 (DNA), a consortium of leading U.S. debit network providers, to deliver EMV​ consulting services​. Gemalto’s EMV Allynis … Read the full press release

Kalmar received EUR 25 million port equipment order from long-standing customer Sociedad Portuaria Regional de Buenaventura S.A. (SPRBun) in Buenaventura, Colombia

HELSINKI, 13-8-2015 — /EuropaWire/ — Kalmar, part of Cargotec, has been awarded a major port equipment order from long-standing customer Sociedad Portuaria Regional de Buenaventura S.A. (SPRBun) as they gear up for growth at their operations in Terminal Especializado de … Read the full press release

ASELSAN participates in a conference entitled “Integrated Air & Missile Defence – Eastern Europe” in Warsaw, Poland

Warsaw, Poland, 13-8-2015 — /EuropaWire/ — Defence Systems Technologies Business Sector participates in a conference entitled “Integrated Aİr & Missile Defence – Eastern Europe”, held in Warsaw/Poland, on July 28-30. Participants, composed of authorities from Bulgaria, Czech Republic, Finland, Georgia, Hungary, Lithuania, … Read the full press release

Orkla ASA to initiate a share buyback program for up to 2 million shares

OSLO, 12-8-2015 — /EuropaWire/ — Orkla ASA (”Orkla”) has decided to initiate a share buyback program for up to 2 million shares in the market. The buyback program will be conducted in accordance with the authorization provided by the annual general … Read the full press release

Government-funded superfast broadband now reaches more than three million homes and businesses in UK

New figures show that the rollout of the government-funded superfast broadband has now reached more than three million homes and businesses LONDON, 12-8-2015 — /EuropaWire/ — More than three million homes and businesses have been reached by the Government’s nationwide … Read the full press release

Alcatel-Lucent to deploy its Rapport™ communications software with China Mobile, the world’s largest telecommunications service provider

Rapport will allow China Mobile to simplify and consolidate communications services on a single platform to enhance the end-user experience, while paving the way for future cloud-based services PARIS, 11-8-2015 — /EuropaWire/ — Alcatel-Lucent (Euronext Paris and NYSE: ALU) is to deploy … Read the full press release

Toine van Laack to step down from the Supervisory Board of TomTom N.V.

Amsterdam, 11-8-2015 — /EuropaWire/ — TomTom (TOM2) today announces that Toine van Laack has decided to step down from the Supervisory Board of TomTom N.V. as of 1 September 2015 due to the fact that he has ended his employment at … Read the full press release

Associated British Ports’ Port of Hull shortlisted in the prestigious National Transport Awards 2015

Artist’s impression of the completed facility on Alexandra Dock at the Port of Hull (image courtesy of Siemens) LONDON, 11-8-2015 — /EuropaWire/ — Associated British Ports’ (ABP) Port of Hull has been shortlisted in the Port of the Year category in … Read the full press release

25 young people entered apprenticeship studies for some six different vocations at the Hilti Corporation

Schaan (FL), 11-8-2015 — /EuropaWire/ — The traditional week of introductory activities marked the kickoff of vocational studies for 25 young people at the Hilti Corporation. They have entered apprenticeship studies for some six different vocations. Hilti has managed to … Read the full press release

Ernst & Young LLP and YourEncore partner to help life sciences and consumer products clients accelerate product development, strengthen regulatory compliance, and improve productivity

New York and Indianapolis, 11-8-2015 — /EuropaWire/ — Ernst & Young LLP and YourEncore have formed a strategic alliance to provide end-to-end offerings designed to help life sciences and consumer products clients accelerate product development, strengthen regulatory compliance, and improve productivity. This … Read the full press release

Bank of England: Prudential Regulation Authority (PRA) censures Co-operative Bank Plc for serious risk management and transparency failings

LONDON, 11-8-2015 — /EuropaWire/ — Following an enforcement investigation into the Co-operative Bank Plc (Co-op Bank) the Prudential Regulation Authority (PRA), supported by a team of investigators at the Financial Conduct Authority (FCA), has found that there were serious and … Read the full press release

New exchange-listed sector index fund issued by State Street Global Advisors(SPDR) tradable on Xetra and Börse Frankfurt

FRANKFURT, 11-8-2015 — /EuropaWire/ — A new exchange-listed sector index fund issued by SPDR (State Street Global Advisors) has been tradable on Xetra and Börse Frankfurt since Tuesday. Name: SPDR FTSE EPRA Europe ex UK Real Estate UCITS ETF Asset … Read the full press release

Ageas to establish a joint venture in Vietnam branded MB Ageas Life

Ageas and Muang Thai Life Assurance have signed an agreement with Military Commercial Joint Stock Bank (“Military Bank”) to establish a joint venture in Vietnam, which will be branded MB Ageas Life. BRUSSELS, 10-8-2015 — /EuropaWire/ — Under the agreement, … Read the full press release

400 apprentices join RBS; to receive a job at the end of their apprenticeship

EDINBURGH, 10-8-2015 — /EuropaWire/ — A couple of weeks ago we marked the launch of our apprenticeship scheme and I’m delighted we’ve committed to recruiting 400 apprentices over our next intake. They’ll be working alongside all of us at the bank … Read the full press release

Lloyds Bank research: UK household savings grown more than sixfold (452%) over the past 40 years

Average savings per household has increased four-fold from £36,989 in 1975 to £145,566 Over a third of savings held in deposits, but proportion held in shares continues to fall Sixteen fold increase in value of pensions drives growth in household … Read the full press release