Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Telia merges its Lithuanian operations under one legal entity Telia Lietuva

STOCKHOLM, 03-Feb-2017 — /EuropaWire/ — On February 1, Telia Company’s Lithuanian operations Teo, Omnitel and Baltic Data Center will merge into one legal entity under the name Telia Lietuva. The change is a logical outcome of the integration process which started … Read the full press release

thyssenkrupp further expands in Hungary with plans for springs and stabilizers production facility in Debrecen

New production facility for springs and stabilizers to be built in Debrecen at a cost of around 35 million euros ESSEN, 03-Feb-2017 — /EuropaWire/ — The technology group thyssenkrupp plans to build a further automotive and components plant in Hungary. The … Read the full press release

Deutsche Börse: New SME segment to improve access to investors and growth capital to be launched in March

FRANKFURT, 30-Jan-2017 — /EuropaWire/ — Deutsche Börse published further details today on its new segment for small and medium-sized enterprises (SMEs) to be launched in March, replacing the Entry Standard in the exchange-regulated market. Accordingly, Edison Investment Research and Morningstar … Read the full press release

DEGIRO and Eurex to jointly educate retail investors

ESCHBORN, 27-Jan-2017 — /EuropaWire/ — DEGIRO, one of Europe’s largest retail brokers and Eurex, Europe’s largest derivatives exchange team up to jointly educate retail investors: A new section on DEGIRO’s website explains the products listed on Eurex with input coming … Read the full press release

Berwin Leighton Paisner advises Valad Europe on the disposal of the High Return Portfolio to M7 Real Estate

LONDON, 26-Jan-2017 — /EuropaWire/ — International law firm Berwin Leighton Paisner has advised Valad Europe on the disposal of the High Return Portfolio to M7 Real Estate. The portfolio comprises ten properties in Germany with a rental area totalling 103,000 sqm. … Read the full press release

Berwin Leighton Paisner advises Mount Street Mortgage Servicing Limited on the acquisition of EAA Portfolio Advisers GmbH

LONDON, 26-Jan-2017 — /EuropaWire/ — International law firm, Berwin Leighton Paisner, advised Mount Street Mortgage Servicing Limited (“Mount Street”) on the acquisition of EAA Portfolio Advisers GmbH (“EPA”), the largest platform transfer ever completed in Europe. EPA is the portfolio manager … Read the full press release

Chinese government grants NEVS’ application for electric vehicle production at its manufacturing plant in Tianjin

Trollhättan, Sweden, 26-Jan-2017 — /EuropaWire/ — The Chinese government has today approved NEVS’ application to start production of electric vehicles in its manufacturing plant in Tianjin. – I am very grateful for the approval we now have received for the electric … Read the full press release

Saab increases stake to 25 per cent in Akaer

STOCKHOLM, 26-Jan-2017 — /EuropaWire/ — Defence and security company Saab has acquired another 10 per cent of shares, reaching 25 per cent of stakes, in Akaer, one of the largest companies within development of aeronautical projects in Brazil. In conjunction with … Read the full press release

ENGIE Hellas to provide total facility management services for the new Stavros Niarchos Foundation Cultural Center in Athens

ENGIE will service 28,000 square meters (sqm) of the Greek National Opera building, which includes 2 stages, a dance school, rehearsal rooms, admin areas and other supporting facilities. PARIS, 24-Jan-2017 — /EuropaWire/ — ENGIE Hellas, a fully owned subsidiary of the … Read the full press release

Bosch Group and the MAHLE Group to sell joint venture Bosch Mahle Turbo Systems

STUTTGART, 24-Jan-2017 — /EuropaWire/ — The Bosch Group and the MAHLE Group have decided to seek a buyer for their joint venture, Bosch Mahle Turbo Systems (BMTS). The joint subsidiary was founded in 2008. With a total of around 1,400 … Read the full press release

CityJet Cabin Crew Recruitment Day in Brussels, Belgium

Cabin Crew Recruitment Day taking place in Brussels, Belgium on 1st February 2017 BRUSSELS, 24-Jan-2017 — /EuropaWire/ — NoBox HR Outsourcing are delighted to announce that will be holding a Recruitment Day for Junior and Senior Cabin Crew positions in … Read the full press release

FMO–Dutch Development Bank takes part in new partnership to monitor deforestation and manage sustainability from farm to customer

THE HAGUE, 24-Jan-2017 — /EuropaWire/ — Partners include Bunge, Cargill, Carrefour, Inter-American Investment Corporation (IIC/IDB), Mars, Mondelēz International, Walmart, World Resources Institute and more. Today (18 JANUARY 2017) at the World Economic Forum, 20 of the world’s largest commodity producers, traders, … Read the full press release

Abellio and Mitsui to run Greater Anglia rail franchise in a 60:40 joint venture

Japanese company identified as the best partner to support Abellio in delivering ambitious programme of improvements UTRECHT, 18-Jan-2017 — /EuropaWire/ — Abellio UK (“Abellio”) has signed an agreement to sell 40% of the Greater Anglia rail franchise to Mitsui & Co., … Read the full press release

Volvo Construction Equipment to move its headquarters from Brussels, Belgium to Gothenburg, Sweden

Volvo Construction Equipment (Volvo CE) has today announced that the company’s global headquarters will move from its current location in Brussels, Belgium to Gothenburg, Sweden. The relocation will facilitate closer cooperation with the Group’s other business areas and allow for … Read the full press release

Airbus Defence and Space to sell its 49 percent share in Atlas Elektronik Group to thyssenkrupp AG

MUNICH, 17-Jan-2017 — /EuropaWire/ — Airbus Defence and Space has entered into an agreement to sell its 49 percent share in Atlas Elektronik Group to thyssenkrupp AG based in Essen, Germany. With this acquisition, thyssenkrupp, which to date has held a 51 percent … Read the full press release

Bosch strengthens its position in custom system and software development services with the acquisition of ITK Engineering AG

Expanding development services business ITK Engineering will become a wholly owned subsidiary of Robert Bosch GmbH ITK Engineering will remain an independent legal entity with its own brand Acquisition will strengthen Bosch’s position in the market for engineering services Abstatt/Rülzheim, … Read the full press release

DHL eCommerce opens its Fulfillment Center in Sydney to support booming demand for overseas goods amongst Australia’s online shoppers

New facility in Sydney, Australia offers flexible, fully-integrated inventory management and last-mile delivery for international brands and retailers DHL eCommerce “Plug-and-play” system allows retailers to scale globally, quickly and easily BONN, 16-Jan-2017 — /EuropaWire/ — DHL eCommerce, a division of the … Read the full press release

Bentley Motors delivered 11,023 cars in 2016; Americas as its number one region while sales increased in Europe and UK

Bentley Motors delivers a record 11,023 cars in 2016 56 per cent growth in Europe, 16 per cent up in UK 85 per cent export signals global demand CREWE, 16-Jan-2017 — /EuropaWire/ — Bentley Motors delivered 11,023 cars in 2016, … Read the full press release

Renata Jungo Brüngger appointed to the Supervisory Board of Munich Re

MUNICH, 16-Jan-2017 — /EuropaWire/ — Renata Jungo Brüngger (55) has been appointed to the Supervisory Board of Munich Re with effect from 3 January 2017. The Amtsgericht (Local Court) in Munich appointed Jungo Brüngger as the successor to Wolfgang Mayrhuber, who resigned his … Read the full press release

Enel and Saudi Electricity Company to share best practices in power distribution

The two companies will share best practices and experiences to achieve best-in-class performance in distribution networks, promote grid digitisation and improve energy efficiency at customers’ premises Riyadh, Saudi Arabia, 13-Jan-2017 — /EuropaWire/ — Enel S.p.A. and Saudi Arabian utility Saudi … Read the full press release