Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Scania increased its exports to Europe by 600 percent following major upgrade in its plant in Tucumán, Argentina in 2013

Tucumán, Argentina, 26-5-2015 — /EuropaWire/ — Following a major upgrade in 2013, Scania’s transmission components plant in Tucumán, Argentina, has increased its exports to Europe by 600 percent. The achievement comes as the plant prepares to celebrate 40 years of … Read the full press release

Rosneft produced one millionth ton of crude oil just 8 months after drilling of the first well at the Northern Tip of Chayvo field

MOSCOW, 26-5-2015 — /EuropaWire/ — On May 25, Rosneft produced one millionth ton of crude oil at the Northern Tip of Chayvo field on the shelf of the Sakhalin Island. This milestone was reached just eight months after drilling of the … Read the full press release

Rosneft announces leadership changes

MOSCOW, 26-5-2015 — /EuropaWire/ — On May 25, Chairman of Rosneft Management Board Igor Sechin made a range of appointments in order to enhance the efficiency of the Company’s management structure. These administrative decisions were taken in order to raise requirements … Read the full press release

DHL Parcel turns Berlin into the parcel capital in a unique pilot project

DHL Parcel is markedly expanding its service offer for parcel recipients in Berlin Customers benefit from even better availability thanks to more automated solutions By 2016: 500 Packstations and several thousand parcel box units for apartment buildings in Berlin alone … Read the full press release

BAE Systems to upgrade four Watchman radars for UK Ministry of Defence following the award of £7 million contract

Following the award of a £7 million contract, BAE Systems are on task to upgrade four Watchman radars, continuing the critical support provided to the UK Ministry of Defence for surveillance and Air Traffic Control (ATC). LONDON, 25-5-2015 — /EuropaWire/ … Read the full press release

ArcelorMittal and the Steel Authority of India Limited (‘SAIL’) to set up automotive steel manufacturing facility under Joint Venture arrangement in India

Luxembourg, 25-5-2015 — /EuropaWire/ — ArcelorMittal, the world’s leading steel and mining company, and the Steel Authority of India Limited (‘SAIL’), India’s leading steel company, today, signed a Memorandum of Understanding (‘MoU’) to set up an automotive steel manufacturing facility under … Read the full press release

AXA to strengthen presence in Brazil with the acquisition of SulAmérica’s large industrial and commercial risks insurance subsidiary SulAmérica Companhia de Seguros Gerais

PARIS, 22-5-2015 — /EuropaWire/ — AXA announced today it has entered into an agreement with SulAmérica S.A. to acquire 100% of its Large Industrial and Commercial risks insurance subsidiary, SulAmérica Companhia de Seguros Gerais, for a total consideration of BRL … Read the full press release

EBRD pledges support to EU for Deep and Comprehensive Free Trade Area (DCFTA) Facility for SMEs in Eastern Partnership countries

DCFTA provides new opportunities for SME financing LONDON, 22-5-2015 — /EuropaWire/ — The EBRD can play a crucial role in unlocking finance for SMEs in Eastern Partnership (EAP) countries, a senior EBRD executive told businessmen at a conference in Riga … Read the full press release

EBRD supports female entrepreneurs in the Turkish economy by providing financial and technical support

Women-led SMEs in south-east Turkey encouraged to apply for support LONDON, 22-5-2015 — /EuropaWire/ — The Finance and Advice for Women in Business Programme, funded by the European Union (EU), the European Bank for Reconstruction and Development (EBRD) and the … Read the full press release

EBRD strengthens partnership with Ukraine’s government and agribusinesses to boost investment and exports

LONDON, 22-5-2015 — /EuropaWire/ — The EBRD organised a high level meeting in Kiev yesterday to deepen its partnership with Ukraine’s government and agribusinesses to boost investment and exports, while reinforcing the role and competitiveness of the private sector. Agribusiness … Read the full press release

EBRD president Sir Suma Chakrabarti and His Majesty King Abdullah held discussions in Jordan about economic support for the Hashemite Kingdom

LONDON, 22-5-2015 — /EuropaWire/ — The President of the European Bank for Reconstruction and Development (EBRD), Sir Suma Chakrabarti, was received in Jordan today by His Majesty King Abdullah and held discussions about the EBRD’s support for the economy of … Read the full press release

The European Medicines Agency releases draft guideline on the development of gene therapies

EMA invites feedback on its new draft guideline LONDON, 22-5-2015 — /EuropaWire/ — The European Medicines Agency (EMA) has released a draft guideline on quality, non-clinical and clinical aspects of gene therapies for a three-month public consultation. The document aims … Read the full press release

Iconic Aston Martin Sports Cars Get Special Swiss Treatment

ZURICH, Switzerland, 22-5-2015 — /EuropaWire/ — Aston Martin St. Gallen builds a new dealership that combines features of the iconic sports car brand with typically Swiss characteristics to create a unique and luxurious ambience. What makes this dealership even more … Read the full press release

Airbus gives customers more comfort, range and efficiency with the launch of two new aircraft, the ACJ319neo and ACJ320neo

TOULOUSE, 21-5-2015 — /EuropaWire/ — Launching two new aircraft, the ACJ319neo and ACJ320neo, gives Airbus the ability to offer customers a corporate jet solution with more comfort, range and efficiency. They build on the widest and tallest cabin that is … Read the full press release

PKP CARGO obtains consent of the Czech anti-trust office for acquisition of 80% of shares of the Advanced World Transport

PKP CARGO obtained consent of the Czech anti-trust office for acquisition of 80% of shares of the Advanced World Transport. Thus, the last condition necessary to finalize the contract, under which the AWT – second largest rail freight carrier in … Read the full press release

Banque et Caisse d’Epargne de l’Etat, Luxembourg (BCEE): Launch of a brand new version of the S-net Mobile app

Rapidité, navigation intuitive et sécurité – tels furent les principaux objectifs poursuivis par la Banque et Caisse d’Epargne de l’Etat, Luxembourg (BCEE) lors du développement de sa toute nouvelle version de l’application S-net Mobile, lancée en date du 18 mai. … Read the full press release

The British Safety Council appoints DOGA HSE Training and Consulting as an exclusive delivery partner for Turkey

The British Safety Council has appointed DOGA HSE Training and Consulting as an exclusive delivery partner for Turkey. LONDON, 18-5-2015 — /EuropaWire/ — Lynda Armstrong, the British Safety Council’s Chair of Trustees and Omer Ayvaci, Vice President of DOGA Group, … Read the full press release

Universities of Sussex and Sheffield study: High wages lead to high levels of entrepreneurship

BRIGHTON, 15-5-2015 — /EuropaWire/ — Attempts by successive governments to boost entrepreneurship in areas with low rates of self-employment have largely failed, according to a new study by economists at the universities of Sussex and Sheffield. In a review of … Read the full press release

Ahlstrom sold 2,000,000 shares in Munksjö Oyj for EUR 20.4 million

HELSINKI, 15-5-2015 — /EuropaWire/ — Ahlstrom, a global high performance fiber-based materials company, has sold 2,000,000 shares in Munksjö Oyj for approximately EUR 20.4 million. Ahlstrom will book a capital gain of approximately EUR 10 million from the transaction in … Read the full press release

AkzoNobel expands its portfolio of locally produced agrochemical products in China

AkzoNobel is helping customers in China to make more efficient use of limited land resources by expanding its portfolio of locally produced agrochemical products. AMSTERDAM, 15-5-2015 — /EuropaWire/ — China has a well-documented shortage of arable land, which means sustainable … Read the full press release