Category Archives: Business

Business Press Releases & News distributed via EuropaWire

EY plans to grow its strategy consulting practice to over 2,500 professionals by 2020, both organically and through continued acquisitions

LONDON, 7-11-2014 — /EuropaWire/ — EY is executing ambitious plans to grow its strategy consulting practice to over 2,500 professionals by 2020, both organically and through continued acquisitions. Its fast-growing consultancy business has made 11 acquisitions across the globe in … Read the full press release

BBVA Research: Spanish economy continues to perform as expected and maintains its growth forecast for 2014 at 1.3%

BBVA Research points out that the Spanish economy continues to perform as expected and maintains its growth forecast for 2014 at 1.3%, although the deteriorating GDP in some European countries could result in GDP growth reaching 2% in 2015 BBVA’s … Read the full press release

BBVA’s Data Processing Center in Tres Cantos (Madrid) awarded the Tier IV Gold Certification of Operational Sustainability from the Uptime Institute

BBVA’s Data Processing Center in Tres Cantos (Madrid) has received the “Tier IV Gold” Certification of Operational Sustainability from the Uptime Institute. Only five organizations in the world have this Certification BILBAO, 7-11-2014 — /EuropaWire/ — BBVA’s Data Processing Center … Read the full press release

Transocean Ltd. announces the schedule for the payment of the third installment of its U.S. dollar-denominated dividend

ZUG, SWITZERLAND, 7-11-2014 — /EuropaWire/ — Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced the schedule for the payment of the third installment of its U.S. dollar-denominated dividend. The installment is $0.75 per share, totaling approximately $272 million based upon the … Read the full press release

Liquidity Alliance to provide worldwide collateral access to ECB’s pan-European settlement platform TARGET2-Securities (T2S) as it goes live between 2015 and 2017

PRESS RELEASE OF THE LIQUIDITY ALLIANCE. MEMBERS: CLEARSTREAM (GERMANY / LUXEMBOURG), CETIP (BRAZIL), ASX (AUSTRALIA), STRATE (SOUTH AFRICA), IBERCLEAR (SPAIN). Liquidity Alliance members will have streamlined access to T2S via their Eurozone peers in Spain and Germany / Just like … Read the full press release

Chinese producer of shoe soles Fenghua SoleTech AG goes public on Frankfurt Stock Exchange with over 10 million shares offered for trade

FRANKFURT, 7-11-2014 — /EuropaWire/ — Fenghua SoleTech AG (ISIN: DE000A13SX89) has been listed in the General Standard of the Frankfurt Stock Exchange since 6 November, offering over 10 million shares for trade. The initial listing price was €10.40; the issue price … Read the full press release

Private equity funds managed by Blackstone and PAI Partners announce the sale of United Biscuits to the Turkish manufacturer of food products Yildiz Holding

Private equity funds managed by Blackstone (“Blackstone”) and PAI Partners (“PAI”) announce the sale of United Biscuits (“UB” or “the Company”), a leading international manufacturer of biscuits, to Yildiz Holding (“Yildiz”). LONDON, 7-11-2014 — /EuropaWire/ — UB is a leading manufacturer … Read the full press release

Inmarsat plc to sell its 19% holding in SkyWave Mobile Communications, Inc. to ORBCOMM Inc. for total expected proceeds at closing of $32.2m

New ORBCOMM agreement supports Inmarsat’s M2M business growth strategy LONDON, 7-11-2014 — /EuropaWire/ — Inmarsat plc (LSE: ISAT.L) confirmed that it has entered into binding agreements to sell its 19% holding in SkyWave Mobile Communications, Inc. (SkyWave) to ORBCOMM Inc. (Nasdaq: ORBC) … Read the full press release

Inmarsat unveiled the new Low Profile BGAN at Global MilSatCom in London

Field operatives can now benefit from the latest in covert surveillance technologies LONDON, 7-11-2014 — /EuropaWire/ — Government departments and police forces around the world can now benefit from the latest in discreet communications with the launch of Low Profile Broadband Global … Read the full press release

Nokia Networks becomes sole supplier for Airtel-Vodafone’s 4G network in the Channel Islands

Nokia Networks is sole supplier for 4G network in the Channel Islands Airtel-Vodafone makes multimillion pound investment Channel Islands/UK, 6-11-2014 — /EuropaWire/ — Airtel-Vodafone has selected Nokia Networks, the world’s specialist in mobile broadband, as sole supplier for its 4G network … Read the full press release

Igor Leprince appointed to lead Global Services at Nokia Networks, effective November 4, 2014

Espoo, Finland, 6-11-2014 — /EuropaWire/ — Igor Leprince has been appointed to lead Global Services at Nokia Networks, effective November 4, 2014. Leprince will report to Nokia President and CEO, Rajeev Suri, and join the Nokia Networks Leadership Team. He will … Read the full press release

Leading telecom operator in Saudi Arabia Mobily again commissioned Nokia Networks for managing its network operations for five years

New deal to ensure smooth operation and maintenance of Mobily’s multi-vendor, multi-technology networks, and expansion of 2G, 3G and LTE networks Riyadh, Kingdom of Saudi Arabia, 6-11-2014 — /EuropaWire/ — Mobily (Etihad Etisalat Company), a leading telecom operator in Saudi Arabia, has … Read the full press release

Ashish Chowdhary appointed to lead Customer Operations at Nokia Networks, effective January 1, 2015

Espoo, Finland, 6-11-2014 — /EuropaWire/ — Ashish Chowdhary has been appointed to lead Customer Operations at Nokia Networks, effective January 1, 2015. Chowdhary will report to Nokia President and CEO, Rajeev Suri, and remain on the Nokia Networks Leadership Team. He … Read the full press release

The Co-operative Group completes deal to sell its Sunwin Services Group business to Cardtronics

MANCHESTER, 6-11-2014 — /EuropaWire/ — The Co-operative Group (“the Group”) announces today that it has completed the deal to sell its Sunwin Services Group business to Cardtronics for a total consideration of up to £41.5m*, payable in cash. The Sunwin Services Group … Read the full press release

Interxion CFO Josh Joshi to speak at the 2014 RBC Conference in New York on November 11, 2014

AMSTERDAM, 6-11-2014 — /EuropaWire/ — Interxion Holding N.V. (NYSE: INXN), a leading European provider of cloud and carrier neutral colocation data centre services, announced today that Chief Financial Officer Josh Joshi is scheduled to speak in New York at the 2014 … Read the full press release

CACEIS adds execution offering to its Asset Servicing platform allowing it to be the sole counterparty of management companies, banks and institutional investors

PARIS, 6-11-2014 — /EuropaWire/ — CACEIS has developed a range of services allowing it to be the sole counterparty of management companies, banks and institutional investors, from the execution of their orders to the account-keeping/custody of their assets. The Execution … Read the full press release

GRAHAM Construction received Health & Safety award from the National Irish Safety Organisation

GRAHAM receives top award from the National Irish Safety Organisation. DUBLIN, 6-11-2014 — /EuropaWire/ —  GRAHAM Construction have received another Health & Safety award in recognition of the ongoing positive and proactive culture of safety management within the business. The … Read the full press release

Rolls-Royce announces that BG Group selected the Trent 60 DLE industrial gas turbine for its Lake Charles LNG Export project in Louisiana, USA

LONDON,  5-11-2014 — /EuropaWire/ — Rolls-Royce is proud to announce that BG Group has selected the Trent 60 DLE industrial gas turbine as the driver for the main refrigeration compressors in the proposed Lake Charles LNG Export project in Louisiana, … Read the full press release

Bosch expands its presence in Africa with the opening of two new branch offices in Angola and Mozambique

Expanding the company’s international presenceBosch steps up activities in AfricaNew branch offices in Angola and Mozambique Increasing significance of Africa as major growth market Growing middle class, well-educated young people, and an abundance of raw materials point toward positive development … Read the full press release

Zurich Insurance Group successfully closed the sale of its general insurance retail business in Russia to OLMA Group

ZURICH, 5-11-2014 — /EuropaWire/ — Zurich Insurance Group (Zurich) has successfully closed the sale of its general insurance retail business in Russia to OLMA Group. The transaction is a proof-point of Zurich’s 2014-2016 strategy to invest in priority markets, while either … Read the full press release