Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Endesa reports 17.1 % increase of net income in the first half of 2015 vs the same period of last year

• This figure represents an increase of 17.1% on the same period of last year, although results for the first half of 2014 included those generated by the company’s Latin American business, which was sold to Enel during the first … Read the full press release

Proximus Group reports 1.5% increase of its revenue in Q2-2015 vs the same period of 2014

Growing customer base driving solid financial performance Continued growth in underlying corerevenue, + 2.4% compared to the second quarter 2014 Underlying Group EBITDA of EUR 450 million, + 4.3% compared to the second quarter 2014 2015 full-year guidance revised upwards: … Read the full press release

Solvay to acquire 100% of U.S.-based Cytec for US$5.5 billion

Perfect fit with Solvay’s strategy focused on sustainability and value Propels Solvay to world’s second largest player in aerospace composite materials Accelerates growth of Advanced Materials with major push into composites Reinforces Advanced Formulations with the world’s number one mining … Read the full press release

Solvay begins production at its new fluoroelastomers (FKM) plant in Changshu, China

BRUSSELS, 31-7-2015 — /EuropaWire/ — Solvay has begun production at its new fluoroelastomers (FKM) plant in Changshu, China, as part of its ongoing strategic site expansion, to meet booming demand for its specialty polymers from Asia’s fast-growing automotive industry and multiple … Read the full press release

Solvay to end the production of So-dium Percarbonate in Rosignano, Italy

Brussels, 31-7-2015 — /EuropaWire/ — Solvay announces today its intention to end the production of So-dium Percarbonate in Rosignano, Italy, by the end of the first quarter of 2016 at the latest. The main reason is the further decrease of the … Read the full press release

Maarten de Groof appointed member and intended chairman of Vesteda’s Supervisory Committee

Vesteda’s Extraordinary Meeting of Participants today voted in favour of the appointment of Mr. M.M. (Maarten) de Groof as a member and intended chairman of Vesteda’s Supervisory Committee. AMSTERDAM, 31-7-2015 — /EuropaWire/ — The appointment of Mr. De Groof gives … Read the full press release

Bernard Fontana to be appointed President and CEO of AREVA NP

Mr. Bernard Fontana will join AREVA on September 1st to be appointed President and CEO of AREVA NP. PARIS, 31-7-2015 — /EuropaWire/ — Bernard Fontana said: “I am happy to join the group to lead AREVA NP, a major French … Read the full press release

Accenture signs eight-year contract to continue to provide the BT Pension Scheme (BTPS) with pension administration services

BT Pension Scheme re-appoints Accenture to serve its 300,000 members LONDON, 31-7-2015 — /EuropaWire/ — Accenture (NYSE: ACN) has signed an eight-year contract to continue to provide the BT Pension Scheme (BTPS) with pension administration services. This contract is an extension … Read the full press release

Pöyry the latest internationally renowned engineering company to open office in Santiago, Chile

Vantaa, Finland, 31-7-2015 — /EuropaWire/ — Pöyry is the latest internationally renowned engineering company to open an office in Santiago, Chile, with a strong heritage in the country. Many will be familiar with the Electrowatt Engineering brand. Pöyry joined forces with … Read the full press release

Phil Swash assumes responsibility for GKN’s Driveline business with effect from 25 September 2015

REDDITCH, 31-7-2015 — /EuropaWire/ — GKN plc announces the following changes in Board and Executive Committee responsibilities in anticipation of Andrew Reynolds Smith’s resignation from the Board. With effect from 25 September 2015, responsibility for GKN’s Driveline business will be … Read the full press release

GKN plc to acquire Fokker Technologies Group B.V from Arle Capital for an enterprise value of €706 million

• Further strengthening leading Tier 1 aerospace supplier • Compelling combination with an enhanced multi-technology portfolio • Broadening geographic footprint in Europe, North America and Asia • Fokker headquarters to remain in the Netherlands AMSTERDAM, 31-7-2015 — /EuropaWire/ — GKN plc (“GKN”) today announces … Read the full press release

SIGFOX, POST Luxembourg and RMS.lu announced the deployment of SIGFOX’s wireless Internet of Things network in Luxembourg

POST Luxembourg and RMS.lu, a Specialist in Digital ID and Mobile Solutions, Plan to Deploy the Dedicated IoT Network Nationwide by Year-end LUXEMBOURG CITY and ETTELBRUCK, Luxembourg, and LABEGE, France, 30-7-2015 — /EuropaWire/ — Continuing the rapid expansion of SIGFOX’s wireless … Read the full press release

Sanofi’s subsidiary Genzyme to acquire Caprelsa® (vandetanib) from AstraZeneca

Genzyme Strengthens Endocrinology Portfolio with Acquisition of Rare Disease Therapy Caprelsa®(vandetanib) from AstraZeneca Paris, France,  30-7-2015 — /EuropaWire/ — Sanofi and its subsidiary Genzyme announced today that it has entered into a definitive agreement with AstraZeneca to acquire Caprelsa® (vandetanib), a … Read the full press release

Sanofi, Regeneron Pharmaceuticals partner to discover, develop and commercialize new antibody cancer treatments in the emerging field of immuno-oncology

Sanofi and Regeneron Launch Major New Immuno-Oncology Collaboration Companies agree to jointly advance PD-1 and other new immuno-oncology antibodies – Sanofi commits to an initial investment of up to $2.17 billion in the exclusive collaboration, including $640 million in upfront payments to Regeneron … Read the full press release

Zumtobel Group presents its artistic annual report designed by the U.S. light artist James Turrell

• Series of artistic annual reports enters its 24th year • Report features numerous previously unpublished photographs of Turrell’s work Dornbirn, Austria, 28-7-2015 — /EuropaWire/ — In the International Year of Light proclaimed by the United Nations, the Zumtobel Group’s artistic annual … Read the full press release

Sky acquires majority stake in Blast! Films, one of the UK’s longest established independent production companies

Isleworth, 27-7-2015 — /EuropaWire/ — Sky has taken a majority stake in Blast! Films, the independent production company responsible for hit series The Supervet, The Route Masters and 999: What’s Your Emergency? Founded in 1994 by Ed Coulthard, Blast! Films … Read the full press release

TALGO, S.A. reports EUR 214.0 million turnover in 1H2015; 19.8% increase compared to the same period last year

Total Net Turnover grows at 19.8% vs. 1H 2014 due to higher manufacturing and maintenance revenues resulting from the execution of contracted backlog Adjusted EBIT grows 57.3% vs. 1H 2014 with a margin of 22.8% Net income grows 57.4% vs. … Read the full press release

Keolis to operate the commuter rail services in northern Virginia for 5 more years

PARIS, 27-7-2015 — /EuropaWire/ — Virginia Railway Express (VRE) has granted Keolis Rail Services Virginia a five-year contract extension for the operation of the commuter rail services in northern Virginia (near the Washington DC metropolitan area). The contract, which includes … Read the full press release

Public call for the position of Governor of the Central Bank of Ireland

DUBLIN, 24-7-2015 — /EuropaWire/ — The Minister for Finance has invited expressions of interest from suitably qualified candidates in the position of Governor of the Central Bank of Ireland. This arises from the stated intention of Governor Patrick Honohan to … Read the full press release

El Banco de España publica la Memoria de la Supervisión Bancaria 2014

MADRID, 24-7-2015 — /EuropaWire/ — El Banco de España publica hoy en su página web la Memoria de la Supervisión Bancaria en 2014, un ejercicio marcado por la entrada en vigor del Mecanismo Único de Supervisión (MUS), el 4 de … Read the full press release