Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Orange completes the acquisition of the remaining 5.25 per cent of Jazztel’s share capital not previously owned by the Group

PARIS, 21-8-2015 — /EuropaWire/ — Orange completed today the acquisition of the remaining 5.25 per cent of Jazztel’s share capital not previously owned by the Group. This transaction results from the exercise of the squeeze-out rights ensuing from Orange’s successful … Read the full press release

Enel’s 2014 Sustainability Report met the Global Reporting Initiative’s (GRI) highest Application Level “A+” for the ninth year in a row

The Report has been recognised for meeting Global Reporting Initiative (GRI) guidelines’ highest Application Level “A+” for the ninth straight year For the fifth year in a row, the Report has also achieved “GC Advanced” level for Communication on Progress … Read the full press release

Repsol ha aprobado sus Planes de Sostenibilidad 2015, con los que la compañía reafirma su compromiso con el desarrollo sostenible y la transparencia

Repsol ha elaborado 15 nuevos Planes de Sostenibilidad, por primera vez anuales: uno corporativo, nueve para países en los que opera y cinco para sus complejos industriales en España. Los nuevos planes incluyen más de 700 acciones concretas relacionadas con … Read the full press release

Vestas reports EUR 1,749m revenue in Q2-2015, an increase of 30 percent compared to the year-earlier period

Aarhus, Denmark, 20-8-2015 — /EuropaWire/ — Revenue, earnings, and free cash flow increased compared to the second quarter of 2014. Outlook for 2015 maintained. Summary: In the second quarter of 2015, Vestas generated revenue of EUR 1,749m – an increase of … Read the full press release

Lloyds Bank Commercial Banking research: SMEs believe future success relies on their ability to recruit so-called millennials

Almost nine in ten SMEs say ‘future growth relies on millennials’ Millennials will turn down job if culture isn’t right, even if money is good Businesses are investing 15 per cent of annual turnover to recruit millennials They need mentoring … Read the full press release

TAdviser: MAYKOR-GMCS the third leading IT company in the Russian ERP market on the base of revenue for 2013-2014

MAYKOR-GMCS was the third leading IT company in the Russian ERP market on the base of revenue for 2013-2014. Relevant data was published in the ERP market review of TAdviser. MOSCOW, 20-8-2015 — /EuropaWire/ — Besides, the MAYKOR-GMCS’ project for … Read the full press release

Volvo Group truck operations deliver 15,586 vehicles in July 2015

Deliveries from the Volvo Group’s truck operations in July 2015 amounted to 15,586 vehicles. Gothenburg, Sweden, 20-8-2015 — /EuropaWire/ — In July 2015, truck deliveries rose by 27% in Asia and by 5% in Europe. Deliveries in South America were … Read the full press release

Wienerberger AG reports 34% increase of its operating EBITDA in first half of 2015 vs H1 2015

Group revenues: € 1.5 billion (+ 9% versus H1 2014) Operating EBITDA: € 181 million (+ 34% versus H1 2015) Return to profitability with after-tax profit of € 21 million Earnings guidance for 2015 increased: € 375 million, incl. € … Read the full press release

MegaFon acquires four regional mobile operators

Moscow, Russian Federation, 18-8-2015 — /EuropaWire/ — Public Joint Stock Company “MegaFon” (LSE: MFON), a leading Russian telecommunications operator (“MegaFon” or the “Company”), announces the completion of the acquisition (the “Acquisition”) of a 100% interest in JSC “SMARTS-Samara”, a 100% interest in CJSC “Astrakhan GSM”, a 100% interest in CJSC “Yaroslavl … Read the full press release

Koch Fertilizer Trading Sarl,K+S North America Corporation sign exclusive master supply agreement for potash fertilizer produced at the K+S Legacy mine in Saskatchewan, Canada

WICHITA, Kansas (U.S.) / KASSEL (Germany), 18-8-2015 — /EuropaWire/ — Koch Fertilizer Trading Sarl, an affiliate of Koch Fertilizer, LLC, and K+S North America Corporation (K+S), a fully owned subsidiary of K+S Aktiengesellschaft, have signed an exclusive master supply agreement … Read the full press release

APM Terminals y la Compañía de Puertos Asociados S.A. firmado un acuerdo para operar de manera conjunta y expandir la terminal multipropósito de Compas S.A. en Cartagena

APM Terminals y Compas S.A. invertirán $200 millones USD n mejoras y equipos para atender buques post-Panamax Bogotá, Colombia, 17-8-2015 — /EuropaWire/ — APM Terminals, compañía líder a nivel mundial en la industria de desarrollo, gestión y operación portuaria, y la Compañía … Read the full press release

K+S Chairman of the Executive Board Norbert Steiner: Our overall earnings in the first half of the current financial year were very strong

Outstanding performance in the Salt Business Higher average prices in the Potash and Magnesium Products business unit Operating earnings (EBIT I) up 32 % to € 496 million ‘Fit for the Future’ delivers expected results Legacy Project still on schedule … Read the full press release

GfK reports an increase in sales by 7.1 percent in the first six months of 2015 YoY

NUREMBERG, 17-8-2015 — /EuropaWire/ — GfK achieved an increase in sales by 7.1 percent in the first six months of 2015 compared to the same period of the previous year. Adjusted operating income rose by 3.7 percent to €71.2 million. … Read the full press release

Q2 2015: APM Terminals reports profit of USD 161m (USD 223m) and a ROIC of 10.9% (14.2%)

The Hague, Netherlands, 17-8-2015 — /EuropaWire/ — APM Terminals delivered a profit of USD 161m (USD 223m) and a ROIC of 10.9% (14.2%). The underlying profit was  USD 159m (USD 211m). The result was  negatively impacted by a revenue reduction of 8.6% … Read the full press release

Henkel CEO Kasper Rorsted on Q2 results 2015: solid performance in the second quarter

Sales: +13.5% to 4,695 million euros (organic: +2.4%) Operating profit*: +14.0% to 768 million euros EBIT margin*: +0.1 percentage points to 16.4% Earnings per preferred share* (EPS): +11.2% to 1.29 euros Strong organic sales growth in emerging markets: +5.1% Düsseldorf … Read the full press release

Pearson to sell its 50% stake in The Economist Group for £469 million, payable in cash

Pearson is today announcing that it has agreed to sell its 50% stake in The Economist Group for £469 million, payable in cash. LONDON, 13-8-2015 — /EuropaWire/ — EXOR S.p.A. has agreed to purchase 27.8% of The Economist Group’s Ordinary … Read the full press release

Gemalto to deliver EMV​ consulting services to consortium of leading U.S. debit network providers

AMSTERDAM, 13-8-2015 — /EuropaWire/ —  Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, has been selected by the Debit Network Alliance1 (DNA), a consortium of leading U.S. debit network providers, to deliver EMV​ consulting services​. Gemalto’s EMV Allynis … Read the full press release

Kalmar received EUR 25 million port equipment order from long-standing customer Sociedad Portuaria Regional de Buenaventura S.A. (SPRBun) in Buenaventura, Colombia

HELSINKI, 13-8-2015 — /EuropaWire/ — Kalmar, part of Cargotec, has been awarded a major port equipment order from long-standing customer Sociedad Portuaria Regional de Buenaventura S.A. (SPRBun) as they gear up for growth at their operations in Terminal Especializado de … Read the full press release

ASELSAN participates in a conference entitled “Integrated Air & Missile Defence – Eastern Europe” in Warsaw, Poland

Warsaw, Poland, 13-8-2015 — /EuropaWire/ — Defence Systems Technologies Business Sector participates in a conference entitled “Integrated Aİr & Missile Defence – Eastern Europe”, held in Warsaw/Poland, on July 28-30. Participants, composed of authorities from Bulgaria, Czech Republic, Finland, Georgia, Hungary, Lithuania, … Read the full press release

Orkla ASA to initiate a share buyback program for up to 2 million shares

OSLO, 12-8-2015 — /EuropaWire/ — Orkla ASA (”Orkla”) has decided to initiate a share buyback program for up to 2 million shares in the market. The buyback program will be conducted in accordance with the authorization provided by the annual general … Read the full press release