Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Alcatel-Lucent to delist its American depositary shares from the New York Stock Exchange

PARIS, 11-Feb-2016 — /EuropaWire/ — Alcatel-Lucent (the “Company”) announces that its Board of Directors has resolved to voluntarily delist its American depositary shares (“ADSs”), each representing one Alcatel-Lucent ordinary share with a nominal value of EUR 0.05 per share (“Alcatel-Lucent Shares”) … Read the full press release

Sika further expanded its presence in Southeast Asia with two new production plants in Myanmar and Cambodia

Baar, Switzerland, 10-Feb-2016 — /EuropaWire/ — Sika is systematically implementing its Strategy 2018 by entering into new markets and opening 6 to 8 factories a year, and has now further expanded its presence in Southeast Asia. With one new production plant … Read the full press release

EY expands analytics managed services capabilities for clients worldwide with its Analytics-as-a-Service platform EY Synapse

EY Synapse helps businesses expedite organizational changes that drive and sustain value from analytics NEW YORK, 10-Feb-2016 — /EuropaWire/ — EY has announced its global Analytics-as-a-Service (AaaS) platform, EY Synapse, to accelerate the delivery of analytics-driven insights that businesses can use … Read the full press release

Inmarsat to provide the LoRa ecosystem with satellite connectivity

Inmarsat to provide Internet of Things (IoT) connectivity while contributing to development of global standard LONDON, 10-Feb-2016 — /EuropaWire/ — Inmarsat today announced that it has joined the LoRa Alliance, dedicated to developing a global standard for IoT. Inmarsat will provide the … Read the full press release

Surfactor Finland extends maintenance cooperation with Maintpartner

Espoo, Finland, 09-Feb-2016 — /EuropaWire/ — Maintpartner and Surfactor Finland have signed a contract extension on the maintenance of the Surfactor’s production facility at Kitee, Eastern Finland. Surfactor Finland produces paper overlays at the Kitee factory, where the maintenance cooperation with … Read the full press release

Associated British Foods plc confirms interest to acquire remaining shares of Illovo Sugar Limited

LONDON, 09-Feb-2016 — /EuropaWire/ — Shareholders are referred to the announcement released today by Illovo Sugar Limited (“Illovo”), Associated British Foods plc (“ABF”) 51.35% held subsidiary, whereby it confirms ABF has made a non-binding expression of interest to Illovo, to … Read the full press release

Novozymes to establish three new divisions to deliver more innovation to customers

Today, Novozymes announces the formation of three divisions: Household Care & Technical Industries, Agriculture & Bioenergy and Food & Beverages. ​Bagsvaerd, Denmark, 08-Feb-2016 — /EuropaWire/ — The aim of the organizational change is to enhance Novozymes’ ability to deliver more innovation … Read the full press release

BayWa AG takes over majority stake in Dutch supplier of exotic fruits and vegetables, TFC Holland B.V.

Strategic expansion of the fruit business MUNICH, 08-Feb-2016 — /EuropaWire/ — BayWa AG will take over the majority of the Dutch supplier of exotic fruits and vegetables, TFC Holland B.V. (TFC) based in De Lier, subject to approval by the … Read the full press release

Anne Richards to succeed Michael McLintock as M&G Chief Executive Prudential

LONDON, 05-Feb-2016 — /EuropaWire/ — Prudential plc (“Prudential”) announces that Michael McLintock has decided to retire as Chief Executive of M&G Investments and as an executive director of Prudential. He will be succeeded later this year, subject to regulatory approval, by … Read the full press release

KfW Group reports very strong demand for its financing products in FY 2015

Commitments up by 6.0% to EUR 50.5 billion Increase in international financing to EUR 27.9 billion (+9.7%) High demand for climate and environmental financing amounting to EUR 29.5 billion (+11.0%) Refugee accommodation promoted with EUR 1.5 billion Commitment in the … Read the full press release

Rolls-Royce wins $2.7bn order for Trent 1000 engines and TotalCare service for 19 Boeing 787 Dreamliner from Norwegian

DERBY, 04-Feb-2016 — /EuropaWire/ — Rolls-Royce has won a $2.7bn order from Norwegian for Trent 1000 engines and TotalCare® long-term service support for 19 new Boeing 787 Dreamliner aircraft. The order also includes TotalCare for Trent 1000 engines that will power … Read the full press release

Der Vorstand der EDEKA AG in Hamburg ist seit dem 1. Februar 2016 neu aufgestellt

Dr. Michael Wulst Vorstand IT/Logistik tritt aus persönlichen Gründen in den altersbedingten Ruhestand Ressort IT/Logistik übernimmt Vorstandsvorsitzender Markus Mosa Vorstand der EDEKA AG zukünftig wieder mit drei Vorständen besetzt HAMBURG, 03-Feb-2016 — /EuropaWire/ — Der Vorstand der EDEKA AG in Hamburg … Read the full press release

Dbvisit Announces FORS Distribution Distributor Agreement for Russia

MOSCOW, 03-Feb-2016 — /EuropaWire/ — Dbvisit have announced the signing of a distributor agreement with a leader of the Russian IT industry. As a global Oracle database replication software company, Dbvisit’s solutions allow customers to move, protect and manage their critical … Read the full press release

Shell to sell its 51% shareholding in Shell Refining Company (SRC) in Malaysia for $66.3 million

THE HAGUE, 02-Feb-2016 — /EuropaWire/ — Shell has reached a conditional agreement with Malaysia Hengyuan International Limited (MHIL) for the sale of its 51% shareholding in the Shell Refining Company (SRC) in Malaysia for $66.3 million. It is MHIL’s intention for … Read the full press release

Mongolian ice-cream maker Teso expands with support from EBRD

The EBRD supported the expansion of Mongolian ice-cream maker Teso with local currency lending and business advice. LONDON, 01-Feb-2016 — /EuropaWire/ — Making ice-cream in Mongolia, where winters are very long and extremely cold, might not appear to be the … Read the full press release

Petrol d.d. Supervisory Board meeting results

LJUBLJANA, 28-Jan-2016 — /EuropaWire/ — At its 26th meeting, the Supervisory Board of Petrol d.d., Ljubljana adopted a resolution to align, effective from the start of the new term of office of Management Board president Tomaž Berločnik, MSc, beginning on … Read the full press release

AkzoNobel acquires full control of EkO Peroxide LLC, its hydrogen peroxide joint venture

AMSTERDAM, 21-Jan-2016 — /EuropaWire/ — AkzoNobel has strengthened its position in the North American hydrogen peroxide market after acquiring the outstanding shares in EkO Peroxide LLC from joint venture partner OCI Peroxygens LLC (a subsidiary of OCI Enterprises Inc.). Established nine … Read the full press release

Ahlstrom divests its Building & Wind business unit to Owens Corning

Ahlstrom sells its glassfiber business to Owens Corning HELSINKI, 21-Jan-2016 — /EuropaWire/ — Ahlstrom has signed an agreement to divest its Building & Wind business unit to Owens Corning, a U.S.-based company listed on the New York Stock Exchange. The initial … Read the full press release

University of Bristol students among the most targeted by Britain’s top 100 employers – report

A major new report out today [18 January] has revealed that students at the University of Bristol are among the most targeted by Britain’s top 100 employers. Bristol has been ranked ahead of Oxford and Cambridge at 4th in the … Read the full press release

ABB celebrates its 125th anniversary in 2016

One hundred and twenty-five years ago, Charles Brown and Walter Boveri founded BBC in Baden, Switzerland. The company developed into today’s global player ABB, with subsidiaries in 100 countries. Zürich, Switzerland, 19-Jan-2016 — /EuropaWire/ — This year ABB is celebrating its … Read the full press release