Category Archives: Business

Business Press Releases & News distributed via EuropaWire

voestalpine Group reports strong revenue and earnings in the first three months of the business year 2015/16

Higher revenue and a significant rise in earnings due to positive operating results and non-recurring effects Revenue goes up from EUR 2.83 billion in the first quarter of 2014/15 to EUR 3.0 billion in the quarter under review, an increase … Read the full press release

MAXIMA GRUPĖ consolidated turnover grew 2.6 per cent during the first half of Y2015 as compared with the same period last year

Vilnius, Lithuania, 5-8-2015 — /EuropaWire/ — During the first half of Y2015, the consolidated turnover of MAXIMA GRUPĖ companies grew 2.6 per cent as compared with the same period last year, and reached 1.28 billion Eur without VAT. This year it … Read the full press release

Repower downgrades its earnings expectations due to low energy prices and strong Swiss franc

Poschiavo, Switzerland, 5-8-2015 — /EuropaWire/ — The predictions accompanying publication of Repower’s last annual results − that with energy prices low and the Swiss franc so strong, the market environment would continue to be challenging in 2015 − have proven … Read the full press release

Standard Chartered Bank announces the appointment of Mark Smith as its new Group Chief Risk Officer

LONDON, 5-8-2015 — /EuropaWire/ — Today, Standard Chartered Bank announces the appointment of Mark Smith, 53, as its new Group Chief Risk Officer. Mark will join the Bank in January 2016, and will be based in London. In his new … Read the full press release

Standard Chartered Bank releases its 2015 half year results

LONDON, 5-8-2015 — /EuropaWire/ — Standard Chartered Bank releases its 2015 half year results Reported results Operating income of $8,495 million is down 8 per cent from H1 2014, primarily driven by currency translation, business divestments and mark to market valuations … Read the full press release

tastecard and the Gourmet Society acquired by Bridgepoint Development Capital from DIDIX

LONODN, 4-8-2015 — /EuropaWire/ — tastecard and the Gourmet Society, the UK’s number 1 and number 2 restaurant discount card clubs, have been acquired by Bridgepoint Development Capital (‘BDC’) with management for an undisclosed sum from DIDIX, a Dutch gift … Read the full press release

ZEISS introduces ZEISS Atlas 5, a powerful hardware and software package that extends the capacity of ZEISS scanning electron microscopes and focused ion beam SEMs

ZEISS introduces an integrated solution to acquire and analyze multi-scale and multi-modal images in light, electron and X-ray microscopy JENA/Germany, PORTLAND/USA, 4-8-2015 — /EuropaWire/ — ZEISS Atlas 5 is a powerful hardware and software package that extends the capacity of … Read the full press release

Alstom successfully installs five HYpact compact switchgear modules for Netz Leipzig GmbH at the LzK substation in Leipzig

Levallois-Perret, France, 4-8-2015 — /EuropaWire/ — Alstom has successfully installed five HYpact compact switchgear modules for Netz Leipzig GmbH at the LzK substation in Leipzig. Originally designed for outdoor applications, the HYpact modules were installed for indoor use, replacing the … Read the full press release

Alstom T&D India to supply transformers and shunt reactors to Powergrid Corporation of India Limited

Levallois-Perret, France, 4-8-2015 — /EuropaWire/ — Alstom T&D India has been awarded three new contracts worth approximately €33 million (INR 2317 million) by Powergrid Corporation of India Limited (Power Grid) to supply transformers and shunt reactors for 765/400kV substation situated … Read the full press release

Essilor International appoints Xavier Galliot Group Chief Sustainability Officer

Charenton-le-Pont, France, 4-8-2015 — /EuropaWire/ — Essilor International announces that Xavier Galliot has been appointed Group Chief Sustainability Officer, reporting to Jayanth Bhuvaraghan, Chief Corporate Mission Officer. Xavier Galliot’s valuable experience will contribute to strengthen and accelerate Essilor’s commitment to global … Read the full press release

MOL Group completed the acquisition of ENI´s Czech and Slovak downstream business including retail network under Agip brand

MOL Group has successfully acquired 125 Agip service stations in Czech Republic and 41 service stations in Slovakia from ENI Retail network expansion confirms MOL Group’s leading role in CEE MOL Group’s retail network grows to more than 1900 service … Read the full press release

Airtel Gabon selected Ericsson for the deployment of a new LTE network

Airtel Gabon partners with Ericsson for the deployment of next generation LTE technology and mobile network transformation Ericsson technology to power Airtel’s new LTE network, delivering the highest speeds of mobile data and the best user experience for Gabonese customers … Read the full press release

Royal DSM repurchased 204,254 of its own shares to cover existing option plans

HEERLEN, 3-8-2015 — /EuropaWire/ — Royal DSM, the global Life Sciences and Materials Sciences company, has repurchased 204,254 of its own shares in the period from 24 July 2015 up to and including 28 July 2015 at an average price … Read the full press release

Royal DSM, CVC Capital Partners partnership in the Polymer Intermediates and Composite Resins announced in March has been finalized

HEERLEN, 3-8-2015 — /EuropaWire/ — Royal DSM, the Life Sciences and Materials Sciences company, and CVC Capital Partners (CVC), one of the world’s leading investment advisory firms, today announced that the partnership for DSM’s activities in Polymer Intermediates (Caprolactam and … Read the full press release

adidas: Divestment of Rockport business to a new entity formed by Berkshire Partners LLC and New Balance Holding, Inc. completed

Herzogenaurach, Germany / Canton, Massachusetts, United States, 3-8-2015 — /EuropaWire/ — The adidas Group announced today that it has formally completed the divestiture of its Rockport business to a new entity formed by Berkshire Partners LLC and New Balance Holding, … Read the full press release

PJSC “MegaFon” reports 20.3% increase of wireless data services revenue in Q2-2015 YoY

MOSCOW, 3-8-2015 — /EuropaWire/ — PJSC “MegaFon” (“MegaFon”, or the “Company”) (LSE: MFON), a leading Russian telecommunications operator, announces its unaudited consolidated financial results1 for the second quarter and first half of 2015. Key highlights of the Second Quarter 2015² Consolidated revenue decreased … Read the full press release

Endesa reports 17.1 % increase of net income in the first half of 2015 vs the same period of last year

• This figure represents an increase of 17.1% on the same period of last year, although results for the first half of 2014 included those generated by the company’s Latin American business, which was sold to Enel during the first … Read the full press release

Proximus Group reports 1.5% increase of its revenue in Q2-2015 vs the same period of 2014

Growing customer base driving solid financial performance Continued growth in underlying corerevenue, + 2.4% compared to the second quarter 2014 Underlying Group EBITDA of EUR 450 million, + 4.3% compared to the second quarter 2014 2015 full-year guidance revised upwards: … Read the full press release

Solvay to acquire 100% of U.S.-based Cytec for US$5.5 billion

Perfect fit with Solvay’s strategy focused on sustainability and value Propels Solvay to world’s second largest player in aerospace composite materials Accelerates growth of Advanced Materials with major push into composites Reinforces Advanced Formulations with the world’s number one mining … Read the full press release

Solvay begins production at its new fluoroelastomers (FKM) plant in Changshu, China

BRUSSELS, 31-7-2015 — /EuropaWire/ — Solvay has begun production at its new fluoroelastomers (FKM) plant in Changshu, China, as part of its ongoing strategic site expansion, to meet booming demand for its specialty polymers from Asia’s fast-growing automotive industry and multiple … Read the full press release