Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Lloyds Banking Group introduces new electronic identification and verification checks

New service allows customers to upload identification documents using a camera enabled computer, mobile or tablet Available across Lloyds Bank, Halifax and Bank of Scotland LONDON, 12-2-2015 — /EuropaWire/ — From this month, Lloyds Banking Group is introducing a new … Read the full press release

DEG committed EUR 1.47bn to finance private investments in developing and emerging-market countries in 2014

New commitments 2014 above previous year’s level: EUR 1.47bn EUR 855m for investments in future markets Major focus on climate and resource protection COLOGNE, 12-2-2015 — /EuropaWire/ — DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH, committed EUR 1.47bn to finance … Read the full press release

RenewableUK’s Deputy Chief Executive responds to the IPPR report on de-rating onshore wind turbines

LONDON, 12-2-2015 — /EuropaWire/ — Responding to the IPPR report on de-rating onshore wind turbines, RenewableUK’s Deputy Chief Executive Maf Smith said: “The wind industry adheres strictly to the legally-binding guidelines drawn up by Ofgem and the Department of Energy … Read the full press release

Fortum Corporation to hold its Annual General Meeting on Tuesday, 31 March 2015

HELSINKI, 12-2-2015 — /EuropaWire/ — The shareholders of Fortum Corporation are invited to the Annual General Meeting to be held on Tuesday, 31 March 2015, starting at 14:00 EET at the main auditorium of Finlandia Hall, address Mannerheimintie 13 e, Helsinki, Finland (entrance … Read the full press release

ANDRITZ Biax presents its wide range of solutions for the production of biaxially oriented films at NPE Orlando, March 23 to 27

GRAZ, Austria, 12-2-2015 — /EuropaWire/ — ANDRITZ Biax, a member of international technology Group ANDRITZ, presents its wide range of solutions for the production of biaxially oriented films at NPE Orlando – this year’s largest plastics trade show and conference … Read the full press release

GE/ANDRITZ HYDRO consortium to supply electromechanical equipment for the world’s first tidal lagoon hydropower project in Swansea Bay, Wales

GRAZ, Austria, 12-2-2015 — /EuropaWire/ — Following an international bidding process, Tidal Lagoon Swansea Bay plc. has appointed the consortium by GE/ANDRITZ HYDRO as preferred bidder for supply of the electromechanical equipment for the world’s first tidal lagoon hydropower project … Read the full press release

La vente de BAWAG PSK INVEST à Amundi finalisée avec succès

PARIS, 12-2-2015 — /EuropaWire/ — BAWAG P.S.K. annonce aujourd’hui la finalisation de la vente de BAWAG P.S.K. INVEST à Amundi. BAWAG P.S.K. INVEST (INVEST) devient une filiale à part entière d’Amundi avec un total de 5 milliards d’euros d’encours sous gestion … Read the full press release

BAWAG P.S.K. INVEST becomes wholly owned asset management subsidiary of Amundi

VIENNA, 12-2-2015 — /EuropaWire/ — BAWAG P.S.K. today announces the closing of its sale of BAWAG P.S.K. INVEST to Amundi. BAWAG P.S.K. INVEST (INVEST) becomes a wholly owned asset management subsidiary of Amundi with a total of EUR 5.0 billion of assets … Read the full press release

Over 4,500 customers already connected to one of the largest smart grids in the world – tiko, Swisscom and Repower AG joint venture

Berne, 11-2-2015 — /EuropaWire/ — Fluctuations in the electricity grid are one of the biggest challenges for power suppliers and are taking place with increasing frequency due to the growing amount of electricity generated by solar and wind, the production of which … Read the full press release

Geberit to expand its Group Executive Board to include the Group division Marketing & Brands as part of Sanitec acquisition

Rapperswil-Jona, Switzerland, 11-2-2015 — /EuropaWire/ — As part of its acquisition of Sanitec, Geberit is expanding its Group Executive Board to include the Group division Marketing & Brands. The Board of Directors of Geberit AG has thus appointed Egon Renfordt-Sasse as … Read the full press release

voestalpine posts 10.2% increase in its profit in the first nine months of 2014/15 YoY

At EUR 8.26 billion, revenue is stable (previous year: EUR 8.27 billion) Operating result (EBITDA) rose by 8.8% to EUR 1.09 billion At EUR 627 million, profit from operations (EBIT) 10.2% higher than last year’s figure In the first nine … Read the full press release

Rovio Entertainment and Dreamkids Kindergarten teamed up to launch the first Angry Birds Playground in Singapore

Rovio Entertainment and Dreamkids Kindergarten team up to open the first Angry Birds Playground in Southeast Asia. Espoo, Finland, 11-2-2015 — /EuropaWire/ — Rovio Entertainment and Dreamkids Kindergarten have teamed up to launch the first Angry Birds Playground in Singapore. Based on … Read the full press release

The Board of Directors of Axis Communications recommends the shareholders of Axis accept the public offer made by Canon

LUND, Sweden, 11-2-2015 — /EuropaWire/ — The Board of Directors of Axis has based on a financial short and mid-term perspective concluded to unanimously recommend that the shareholders of Axis accept the public offer made by Canon. Background This statement … Read the full press release

Bridgepoint completed the acquisition of Italian-themed casual dining restaurants ASK Italian and Zizzi for £250 million

LONDON, 10-2-2015 — /EuropaWire/ — Bridgepoint has completed the acquisition of Italian-themed casual dining restaurants ASK Italian and Zizzi in a transaction totalling £250 million. At the same time the restaurant group announced its unaudited financial results for the 28 … Read the full press release

Dalian Wanda Group Co., Ltd., to acquire the world’s most respected international sports marketing company Infront Sports & Media AG from Bridgepoint for EUR 1.05 billion

LONDON, 10-2-2015 — /EuropaWire/ —  Dalian Wanda Group Co., Ltd., one of the leading Chinese conglomerates and China’s largest investor in cultural and entertainment sector has reached an agreement to acquire Infront Sports & Media AG, the world’s most respected … Read the full press release

MAN Diesel & Turbo renews contract with Chinese two-stroke licensee, China Shipbuilding Industry Corp. (CSIC)

BEIJING, 10-2-2015 — /EuropaWire/ — At a ceremony in Beijing on 3 February 2015, MAN Diesel & Turbo renewed its contract with Chinese two-stroke licensee, China Shipbuilding Industry Corp. (CSIC). The agreement runs for the next 10 years and covers … Read the full press release

UniCredit Private Banking won 14 awards in different regional and local categories in Euromoney magazine´s Private Banking Survey 2015

MILAN, 10-2-2015 — /EuropaWire/ — UniCredit Private Banking has again been recognized for its excellent services, winning 14 awards in different regional and local categories in Euromoney magazine´s Private Banking Survey 2015: • Central and Eastern Europe Net-worth-specific services Sub-category: Super … Read the full press release

SSAB received EC approval to sell 50% of the shares in Norsk Stål AS (Norway) to Leif Hübert AS

STOCKHOLM, 9-2-2015 — /EuropaWire/ —  SSAB has received approval from the European Commission to sell 50% of the shares in Norsk Stål AS (Norway) to Leif Hübert AS. This transaction is part of the divestment remedies that the European Commission … Read the full press release

LuxairGroup Board of Directors approves fleet renewal strategy

Luxembourg, 9-2-2015 — /EuropaWire/ — During a meeting held on 6 February 2015, the LuxairGroup Board of Directors approved the fleet renewal strategy proposal brought forward by the Management board. This two-phase strategy is based on Luxair Luxembourg Airlines’ need … Read the full press release

Mercedes-Benz sold 125,865 vehicles in January; the best start of the year in the company’s history

Best start of the year in the company’s history for Mercedes-Benz with 125,865 vehicles sold in January (+13.6%) Ola Källenius, Member of the Board of Management of Daimler AG, responsible for Mercedes-Benz Cars Marketing & Sales: “We have started the … Read the full press release