Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Capgemini to implement range of cloud-based financial point solutions and cloud ERP suite from NetSuite configured to deliver BPO services across TGI Fridays restaurants

Cloud-based ERP and Services to Help Drive Company’s Growth Initiatives New York, N.Y., 11-5-2015 — /EuropaWire/ — Capgemini, one of the world’s foremost providers of consulting, technology and outsourcing services, today announced that it has been selected by TGI FridaysTM … Read the full press release

Leena Lie appointed Senior Vice President, Communications at Cargotec Corporation as of August 1, 2015

HELSINKI, 8-5-2015 — /EuropaWire/ — Leena Lie, M.Sc. (Econ.), (b. 1968) has been appointed Senior Vice President, Communications at Cargotec Corporation as of August 1, 2015. She will be a member of Cargotec’s Extended Executive Board and report to President … Read the full press release

Vivendi closes the sale of its 20% interest in Numericable-SFR

PARIS, 8-5-2015 — /EuropaWire/ — Vivendi announced today the closing of the sale of its 20% interest in Numericable-SFR. In line with the agreements outlined in its February 27, 2015 press release, the Group received today from Numericable-SFR a first … Read the full press release

VimpelCom shows its support for Amsterdam entrepreneurs via its partnership with StartupAmsterdam

AMSTERDAM, 8-5-2015 — /EuropaWire/ — “VimpelCom Ltd.” (“VimpelCom”, “Company” or “Group”) (NASDAQ:VIP), a leading global provider of telecommunications services operating in 14 countries and headquartered in Amsterdam, shows its support for local entrepreneurs via its partnership with StartupAmsterdam, a public-private initiative focused … Read the full press release

Wacker Chemie AG’s subsidiary Siltronic AG prepares for Initial Public Offering (IPO) and subsequent listing on the Frankfurt Stock exchange

MUNICH, 8-5-2015 — /EuropaWire/ — Siltronic AG is preparing for an Initial Public Offering and a subsequent listing on the Frankfurt Stock exchange (Regulated Market, Prime Standard). Wacker Chemie AG’s Executive and Supervisory Boards approved its subsidiary’s IPO plans. Execution … Read the full press release

Wacker Chemie AG expects compensatory payments due to terminated contract to likely increase its Q2 EBIT by some €78 million

SPECIAL INCOME FROM RETAINED ADVANCE PAYMENTS AND COMPENSATORY PAYMENTS LIKELY TO INCREASE SECOND-QUARTER EBIT BY SOME €78 MILLION MUNICH, 8-5-2015 — /EuropaWire/ — Wacker Chemie AG and a solar-sector customer have agreed to terminate their contractual and delivery relationships. The … Read the full press release

Euler Hermes and MAPFRE’s trade credit insurance joint venture Solunion formally commenced operations in Uruguay

MADRID, 7-5-2015 — /EuropaWire/ — Solunion, the trade credit insurance joint venture created by Euler Hermes and MAPFRE, has formally commenced operations in Uruguay, offering local companies solutions and services designed to develop their business securely, providing access to its international risk … Read the full press release

Euler Hermes announces senior executive appointments in its APAC region and a new global head of Distribution

PARIS, 7-5-2015 — /EuropaWire/ — Euler Hermes, the worldwide leader in trade credit insurance, announces several senior executive appointments in its APAC region and a new global head of Distribution. Victor Jiang is appointed chief executive officer of Euler Hermes China, based … Read the full press release

Infineon Technologies AG acquired all outstanding shares of Korean LS Power Semitech Co., Ltd

Munich, Germany, 7-5-2015 — /EuropaWire/ — Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) today announced that it has purchased all outstanding shares of LS Power Semitech Co., Ltd., a company established in 2009 as a joint-venture of Infineon and LS Industrial … Read the full press release

Bertelsmann to add Gruner + Jahr GmbH & Co KG into the Bertelsmann Pension Trust e.V

Increase by €400 million supports further development of G+J Optimization of structures and processes following full takeover Gütersloh, Germany, 7-5-2015 — /EuropaWire/ — The international media, services and education company Bertelsmann is supporting the further development of Gruner + Jahr … Read the full press release

The Bertelsmann SE & Co. KGaA elected Israeli entrepreneur and investor Gigi Levy-Weiss as new member of its Supervisory Board

Gütersloh, Germany, 7-5-2015 — /EuropaWire/ — The Bertelsmann SE & Co. KGaA Annual General Meeting today elected the Israeli entrepreneur and investor Gigi Levy-Weiss (44) as a new member of the company’s Supervisory Board. Gigi Levy-Weiss is an angel investor … Read the full press release

International media, services and education company Bertelsmann achieved significant growth in operating result in Q1 2015; revenues up to EUR 3.92 billion

Revenues increase to €3.92 billion Operating EBITDA up nearly 7 percent to €463 million Solid increase in Group net income Key advances in developing the education business Gütersloh, Germany, 7-5-2015 — /EuropaWire/ — Bertelsmann, the international media, services and education … Read the full press release

Lafarge published its fifteenth annual sustainability report; update on the progress towards the company’s Sustainability Ambitions 2020 program

PARIS, 6-5-2015 — /EuropaWire/ — Lafarge has published its fifteenth annual sustainability report, highlighting the acceleration it is making in the field of sustainable development, particularly in tackling the challenges of climate change. The report covers Lafarge’s social, economic and environmental … Read the full press release

Final approval for Lafarge and Holcim proposed merger from the competition authorities in the United States and Canada

Paris and Zurich, 6-5-2015 — /EuropaWire/ — Lafarge and Holcim have received final approval for their proposed merger from the competition authorities in the United States and Canada. All competition approvals necessary for closing the transaction have now been obtained … Read the full press release

Two awards from ContiTech and Stihl demonstrate Sapa’s focus on exceeding customer expectations through quality, value creation and supply performance

Two global leaders in their respective fields have named Sapa as one of their 2014 suppliers of the year. OSLO, 6-5-2015 — /EuropaWire/ — ContiTech Vibration Control has honored Sapa’s aluminium extrusion plant in Slovakia, and Stihl has presented its … Read the full press release

KfW Entrepreneurs’ Award 2015 opens up with prizes totalling EUR 30,000

Apply now! Prizes awarded to 16 regional winners and one na-tional winner Award ceremony and selection of winner by audience on 8 October 2015 in Berlin Frankfurt am Main, 6-5-2015 — /EuropaWire/ — The application period has started for this … Read the full press release

KfW Research: very marginal growth in German corporate investments expected in 2015

KfW Research foresees only a slight rise of 0.9% for 2015 compared with the previous year Increasing dynamism over the coming year thanks to growing capacity utilisation in the economy Frankfurt am Main, 6-5-2015 — /EuropaWire/ — After a very … Read the full press release

Safran and European Trade Union IndustriAll signed 3-year, Europe-wide agreement to develop employee skills and careers

PARIS, 6-5-2015 — /EuropaWire/ — Safran and the European Trade Union IndustriAll* signed a three-year, Europe-wide agreement in late March concerning the development of employee skills and careers. The agreement applies to all employees at Safran companies within the scope … Read the full press release

Safran launched new corporate 50 million euros venture capital firm to invest in innovative startups

PARIS, 6-5-2015 — /EuropaWire/ — Safran has launched Safran Corporate Ventures, a new corporate venture capital (CVC) company that will invest in innovative startups. With initial investment capital of about 50 million euros for a period of three years, this … Read the full press release

ArcelorMittal signed a US$6,000,000,000 Revolving Credit Facility to be used for general corporate purposes of ArcelorMittal group

Luxembourg, 5-5-2015 — /EuropaWire/ — On 30 April 2015, ArcelorMittal signed a US$6,000,000,000 Revolving Credit Facility (incorporating 3 and 5 year tranches) (the “Facility”). The Facility will replace the US$2,400,000,000 revolving credit facility agreement dated 6 May 2010 and the … Read the full press release