Category Archives: Business

Business Press Releases & News distributed via EuropaWire

BNP Paribas Wealth Management honoured at the 2014 Global Private Banking Awards and at the 24th Private Banker International Global Wealth Summit & Awards

PARIS, 31-10-2014 — /EuropaWire/ — BNP Paribas Wealth Management has been given high distinction at the 2014 Global Private Banking Awards organised by the Financial Times Group (Professional Wealth Management /The Banker magazine) in Geneva and at the 24th Private … Read the full press release

BNP Paribas announces the appointment of Claudia Belli-Jeanteur as Head of Social Business and Microfinance

Claudia Belli-Jeanteur has been appointed Head of Social Business (Social Entrepreneurship) and Microfinance at BNP Paribas. PARIS, 31-10-2014 — /EuropaWire/ — As Head of Social Business and Microfinance, Claudia Belli-Jeanteur will be in charge of meeting the rapidly-expanding needs of … Read the full press release

Eni and Petroleos Mexicanos sign MoU for cooperation and knowledge sharing in the upstream, midstream and downstream areas

The MoU will also include cooperation and best practice exchanges in Health, Safety & Environment as well as Human Capital management and training London, 31-10-2014 — /EuropaWire/ — Petroleos Mexicanos’ CEO, Emilio Lozoya Austin, and Eni’s CEO, Claudio Descalzi, signed today … Read the full press release

Eni makes new important oil discovery in the Minsala Marine exploration prospect in offshore Congo

Eni preliminary estimates the potential of Minsala Marine discovery in about 1 billion barrels of oil equivalent in place, of which 80% oil. San Donato Milanese (Milan), 31-10-2014 — /EuropaWire/ — Eni has made a new important  oil  discovery in the … Read the full press release

Royal Dutch Shell plc announces the appointment of Charles O. Holliday as its new Chairman

The Hague, Netherlands, 31-10-2014 — /EuropaWire/ — The Board of Directors of Royal Dutch Shell plc (the ‘Company’) is pleased to announce the appointment of Charles O. Holliday as Chairman with effect from the conclusion of the 2015 Annual General … Read the full press release

The Volkswagen Group reports a robust performance in the first nine months of 2014, despite ongoing uncertain market environment

Sales revenue rises to EUR 147.7 billion (EUR 145.7 billion) Operating profit improves to EUR 9.4 billion (EUR 8.6 billion) in ongoing difficult market environment Profit before tax up EUR 2.1 billion year-on-year at EUR 11.5 billion High net liquidity … Read the full press release

More than 600 experts attended the Volkswagen Group’s PhD Day in Wolfsburg

600 experts visit the PhD Day at Volkswagen in Wolfsburg WOLFSBURG, 30-10-2014 — /EuropaWire/ — This year, more than 600 experts attended the Volkswagen Group’s PhD Day, when 95 young scientists presented their research findings at the MobileLifeCampus in Wolfsburg. Their … Read the full press release

ECB: Credit standards for all loan categories eased in the third quarter of 2014 according to the October bank lending survey (BLS)

Net easing of credit standards continued for all loan categories in Q3 2014, although risk concerns re-emerged. Demand for loans increased across all loan categories but the contribution of firms’ financing needs related to fixed investment returned to negative territory. … Read the full press release

The European Central Bank publishes the ECB Regulation on supervisory fees; will take over as supervisor of banks on 4 November 2014 part of the Single Supervisory Mechanism

Regulation on supervisory fees sets out how the ECB recovers its expenditures for supervising the banking sector covered by the Single Supervisory Mechanism (SSM) ECB to fully assume its supervisory tasks on 4 November 2014 Frankfurt am Main, 30-10-2014 — … Read the full press release

European Medicines Agency publishes its revised overarching guideline on biosimilars; possibility for medicines developers to use non-EEA authorised comparator in clinical studies

EMA to allow use of non-EEA authorised comparator in clinical studies; new guidance applicable as of today LONDON, 30-10-2014 — /EuropaWire/ — The European Medicines Agency (EMA) has published its revised overarching guideline on biosimilars. The main change brought by this … Read the full press release

Moldova to modernise district heating in its second largest city Bălți with the help of EBRD and partners

EBRD and partners help reduce gas consumption, increase energy efficiency and improve heating services BALTI, Moldova, 30-10-2014 — /EuropaWire/ — Moldova has received a €7 million loan from the European Bank for Reconstruction and Development (EBRD) to modernise district heating … Read the full press release

EBRD takes part in the upgrade of Komani hydro power plant in Albania

Komani, Albania’s most important hydropower power plant, undergoes a safety makeover with EBRD funding LONDON, 30-10-2014 — /EuropaWire/ — The most important source of electricity in Albania is the Komani hydro power plant in the mountains of the Puka region. … Read the full press release

French Banking Federation: The French banks successfully completed the asset quality review (AQR) and stress tests organized by the European Central Bank

PARIS, 29-10-2014 — /EuropaWire/ — The French banks have successfully completed the asset quality review (AQR) and stress tests organized by the European Central Bank (ECB). The satisfactory results of this joint exercise demonstrate the strength of French banks in … Read the full press release

GRAHAM Construction starts transformation of the historic Piece Hall

GRAHAM Construction to transform the historic Piece Hall. HALIFAX, 29-10-2014 — /EuropaWire/ — Halifax is one step closer to being a world-class cultural destination following confirmation to transform the historic Piece Hall and create a new, £22m state-of-the-art Central Library … Read the full press release

Rostec Corporation: Aviation Equipment and United Engine Corporation to participate in WorldSkills Hi-Tech competition

Aviation Equipment and ODK have presented their representatives for the Russian national competition MOSCOW, 29-10-2014 — /EuropaWire/ — Teams from Aviation Equipment and United Engine Corporation (ODK) holding companies, which are part of Rostec Corporation, are participating in the largest … Read the full press release

GE, Inter RAO and United Engine Corporation joint venture Russian Gas Turbines LLC opens gas turbine manufacturing facility in Rybinsk, Russia

The first two turbines will be assembled as early as in 2015 MOSCOW, 29-10-2014 — /EuropaWire/ — Russian Gas Turbines LLC, a joint venture of GE (NYSE: GE), Inter RAO and  United Engine Corporation (UEC, a Rostec subsidiary), opened a … Read the full press release

BAWAG P.S.K. and Amundi enter into long-term strategic partnership in asset management; Amundi acquires BAWAG P.S.K. INVEST as part of the transaction

As part of the transaction: – Amundi acquires BAWAG P.S.K.’s asset management subsidiary – BAWAG P.S.K. and Amundi enter into a long-term distribution agreement to continue the distribution of INVEST products Amundi will continue to operate INVEST out of Austria, … Read the full press release

Novartis to divest its influenza vaccines business to CSL Limited (CSL) for USD 275 million

CSL to acquire Novartis influenza vaccines business, including development pipeline, for USD 275 million Announcement follows a transaction announced on April 22, 2014 to divest the non-influenza segments of Novartis Vaccines to GlaxoSmithKline Basel, Switzerland, 28-10-2014 — /EuropaWire/ — Novartis today … Read the full press release

SABMiller plc announces senior management changes

LONDON, 28-10-2014 — /EuropaWire/ — SABMiller plc announces that Chief Executive Alan Clark has initiated a further realignment of responsibilities within the Group’s executive committee: Chief Financial Officer, Jamie Wilson, will assume responsibility for investor relations alongside his other financial … Read the full press release

Salini Impregilo and Strabag to commence works for the construction of the “Isarco River Underpass” of the Brenner Base Tunnel in Bolzano, Italy

MILAN, 28-10-2014 — /EuropaWire/ — Yesterday evening, October 23rd, Salini Impregilo, in consortium with its Austrian partner Strabag, and the client BBT SE – Brenner Base Tunnel/Brenner Basistunnel – signed the agreement to commence works for the construction of the “Isarco River … Read the full press release