Category Archives: Business

Business Press Releases & News distributed via EuropaWire

The European Central Bank published the legal act relating to the targeted longer-term refinancing operations (TLTROs)

Frankfurt am Main, Germany, 31-7-2014 — /EuropaWire/ — The European Central Bank (ECB) is publishing a legal act that has been adopted today relating to the targeted longer-term refinancing operations (TLTROs). The TLTROs are designed to enhance the functioning of the monetary … Read the full press release

OSCE Centre in Astana held seminar for NGOs in Kazakhstan to address human rights violations committed in the business

Vienna, Austria, 31-7-2014 — /EuropaWire/ — Building the capacity of civil society to address human rights violations committed in the business sphere was the aim of an OSCE-supported training seminar that took place in Almaty on 31 July 2014. Some 20 members of … Read the full press release

EU Ombudsman Emily O’Reilly calls on Council and Commission to publish EU negotiating directives for the on-going Transatlantic Trade and Investment Partnership (TTIP) negotiations with US

Brussels, 31-7-2014 — /EuropaWire/ — The European Ombudsman, Emily O’Reilly, has called on the Council of the European Union to publish the EU negotiating directives for the on-going Transatlantic Trade and Investment Partnership (TTIP) negotiations with the US. She has also proposed to … Read the full press release

EBRD and Mongolian Khan Bank to improve access to finance for micro, small and medium-sized enterprises (MSMEs) in Mongolia

EBRD and the Mongolian bank continue supporting innovative financial instruments for small businesses, including value chain finance LONDON, 31-7-2014 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) and Khan Bank – one of the largest commercial banks in Mongolia … Read the full press release

EURid will launch its new registration platform on 15 September 2014

Brussels, 31-7-2014 — /EuropaWire/ — On 15 September 2014, EURid will launch its new registration platform. Thereafter, newly registered .eu domain names will no longer expire at the end of the month but rather at the end of their registration term, … Read the full press release

Portuguese pulp producer Altri Celbi achieves world record following successful modernization of the pulp drying line by ANDRITZ Group

Graz, Austria, 31-7-2014 — /EuropaWire/ — Following successful modernization of the pulp drying line by international technology Group ANDRITZ, Altri Celbi increased its production capacity from an average of 2,000 tons per day (air dry metric tons) to a peak value of … Read the full press release

The Linde Group reports EUR 8.212 bn revenue and EUR 1.896 bn operating profit in the first half of 2014

Group revenue: EUR 8.212 bn (2013: EUR 8.207 bn); up 5.6 percent after adjusting for exchange rate effects. Group operating profit: EUR 1.896 bn (2013: EUR 1.966 bn); up 1.7 percent after adjusting for exchange rate effects. 2014 Group outlook … Read the full press release

American water heaters manufacturer PVI Industries LLC selects Outokumpu’s proprietary lean duplex grade LDX 2101® to replace carbon steel in its water heaters

Espoo, Finland, 31-7-2014 — /EuropaWire/ — PVI Industries LLC, an American water heaters manufacturer has chosen Outokumpu’s proprietary lean duplex grade LDX 2101® to replace carbon steel in its water heaters. Using lean duplex has significantly reduced PVI Industries’ waste stream and increased … Read the full press release

Astaldi: US$ 600 million financing agreement for the second functional lot (Phase 2A) of the Gebze-Orhangazi-Izmir motorway in Turkey signed

Rome, 30-7-2014 — /EuropaWire/ — Astaldi has announced that the US$ 600 million financing agreement for the second functional lot (Phase 2A) of the Gebze-Orhangazi-Izmir motorway in Turkey has been signed. Overall, the initiative involves a total investment of US$ 6.5 … Read the full press release

STMicroelectronics announced its STi5197 SD and STiH273 HD cable chipsets selected by Indian Cable multi-system operator GTPL

GENEVA, 30-7-2014 — /EuropaWire/ — STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications and a top supplier of System-on-Chip (SoC) ICs for set-top boxes and home gateways, today announced that its STi5197 SD and STiH273 … Read the full press release

Swiss defence procurement authority accepted Airbus Defence and Space’s IMESS (Integrated and Modular Engagement System for the Swiss Soldier)

Paris, France, 30-7-2014 — /EuropaWire/ — IMESS (Integrated and Modular Engagement System for the Swiss Soldier) accepted by the Swiss defence procurement authority. Airbus Defence and Space has successfully completed the development of the integrated modular engagement system (IMESS) to the level … Read the full press release

Lemminkäinen announced changes in its Executive Team

Helsinki, Finland, 30-7-2014 — /EuropaWire/ — Lemminkäinen’s Executive Team will change as of 1 August 2014 when Casimir Lindholm starts as Lemminkäinen’s new President and CEO. The new Executive Team corresponds to the new reporting structure published on 30 July 2014. … Read the full press release

Lemminkäinen sharpens its strategic focus after the divestment of technical building services

Helsinki, Finland, 30-7-2014 — /EuropaWire/ — Lemminkäinen has reviewed its strategy and sharpens its strategic focus after the divestment of technical building services. To enable future profitable growth, the company will in the short term concentrate on improving its competitiveness, profitability … Read the full press release

Lemminkäinen reports EUR 789.8 million net sales in H1-2014

Helsinki, Finland, 30-7-2014 — /EuropaWire/ — Lemminkäinen reports EUR 789.8 million net sales in H1-2014 January–June 2014 (1–6/2013) Net sales totalled EUR 789.8 million (736.0). At the end of the review period, the order book stood at EUR 2,086.8 million (1,973.5). Operating … Read the full press release

Cargotec: 25 303 new Cargotec class B shares subscribed for with stock options 2010A

Helsinki, Finland, 30-7-2014 — /EuropaWire/ — A total number of 25 303 new Cargotec class B shares have been subscribed for with stock options 2010A. The entire subscription price of EUR 470,635.80 will be credited to the reserve for invested non-restricted equity. … Read the full press release

DCNS: The completion of the last raft-mounted gearbox for the Indian anti-submarine corvettes marks the successful culmination of the transfer of technology process

The completion of the last raft-mounted gearbox for the Indian anti-submarine corvettes marks the successful culmination of the transfer of technology process. Paris, France, 30-7-2014 — /EuropaWire/ — At the end of May 2014, the teams of DCNS and its Indian industrial partner … Read the full press release

Attica Bank S.A. announces the sale of 8,060 common registered shares of the Bank was completed on 28th July 2014

ATHENS, 30-7-2014 — /EuropaWire/ — Attica Bank S.A. (the “Bank”) announces that on 28th July 2014, the sale of 8,060 common registered shares of the Bank was completed. The 8,060 shares resulted as fragmental balances from the decrease of number of … Read the full press release

Brazil signs contract with Airbus Defence and Space for the acquisition of three Airbus C295 search and rescue (SAR) aircraft

Three SAR aircraft add to existing fleet of 12 transports. Paris, France,28-7-2014 — /EuropaWire/ — Brazil has signed a contract with Airbus Defence and Space for the acquisition of three Airbus C295 search and rescue (SAR) aircraft. The three aircraft will … Read the full press release

Zetes implements its ZetesAthena in-store management solution to UK toy retailer The Entertainer

Brussels/ London, 28-7-2014 — /EuropaWire/ — Zetes (Euronext Brussels: ZTS) has recently implemented its latest generation ZetesAthena In-Store Management solution to The Entertainer, one of the UK’s largest toy retailers. The Entertainer selected ZetesAthena to help improve stock auditing across its growing … Read the full press release

Maris Interiors LLP starts office fit-out project at 8 Fenchurch Place for Gemserv

Maris Interiors LLP have commenced an office fit-out project at 8 Fenchurch Place for Gemserv. LONDON, 28-7-2014 — /EuropaWire/ — Gemserv is a specialist market design, governance and assurance service provider. They provide high quality impartial advice to competitive utility and … Read the full press release