Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Alcatel-Lucent signs agreement in Algeria for the deployment of over 560 km fiber-optic undersea cable that will link Oran in Algeria to Valencia, Spain

Spanning more than 560 km, Orval will link Algeria to Spain address increasing demand for high-speed, high-quality broadband connectivity PARIS, 29-4-2015 — /EuropaWire/ — Alcatel-Lucent (Euronext Paris and NYSE: ALU) and the Algerian Ministry of Post, Information Technology and Communications, have signed … Read the full press release

EY and AVCA: private equity exits in Africa reach eight-year high in 2014

Private equity (PE) exits in Africa reached an eight-year high in 2014, and strong activity should continue as more companies enter the period where an exit becomes increasingly imperative, according to data from EY and the African Private Equity and … Read the full press release

EY analysis: deal activity in global mining and metals sector in Q1 down 18% to US$5.9b vs same quarter last year

Increased interest in gold assets and a small uptick in private capital activity are the limited bright spots of a subdued first quarter of deal activity in the global mining and metals sector. Less than a third of companies focused … Read the full press release

Natixis a dirigé avec succès le placement de 285 millions d’euros d’obligations catastrophes sur-mortalité émises par Benu Capital Limited

Natixis a dirigé avec succès, en tant que co-arrangeur et joint bookrunner, le placement de 285 millions d’euros d’obligations catastrophes sur-mortalité émises par Benu Capital Limited, une société de droit irlandais. PARIS, 29-4-2015 — /EuropaWire/ — Basée sur un mécanisme … Read the full press release

Republic of Lithuania, NIB sign loan agreement for EUR 100 million with maturity of 20 years aimed at improving energy efficiency

NIB and the Republic of Lithuania have signed a loan agreement, totalling EUR 100 million, with a maturity of 20 years, to improve energy efficiency in public and residential buildings. HELSINKI, 29-4-2015 — /EuropaWire/ — The long-term loan will finance the renovation of … Read the full press release

NORD/LB Norddeutsche Landesbank reports significantly increased pre-tax profit in the financial year 2014

Rise in net interest and commission income Increase in customer loans despite reduction in total assets HANNOVER, 29-4-2015 — /EuropaWire/ — NORD/LB Norddeutsche Landesbank achieved earnings before taxes of € 276 million in the financial year 2014 and thereby significantly … Read the full press release

IEC Telecom Group becomes global Distribution Partner for Inmarsat’s L-band portfolio, including BGAN, IsatHub and IsatPhone

LONDON, 29-4-2015 — /EuropaWire/ — Inmarsat today announced that IEC Telecom Group, a Global Xpress (GX) Value-Added Reseller (VAR), has additionally been appointed as a global Distribution Partner (DP) for Inmarsat’s L-band portfolio, including BGAN, IsatHub and IsatPhone. IEC Telecom Group … Read the full press release

Italy’s leading broadcaster Mediaset S.p.A. announced renewal of the U.S. market traded sponsored American Depositary Receipt (ADR) program

Cologno Monzese, 29-4-2015 — /EuropaWire/ — Mediaset S.p.A. (OTC: MDIUY), Italy’s leading private sector broadcasting and entertainment company, announced today the renewal of the U.S. market traded sponsored American Depositary Receipt (ADR) program. And appointed JPMorgan Chase Bank, N.A. as … Read the full press release

MAYKOR-GMCS and CDC group of companies join forces for the development and promotion of corporate mobile applications using CDC’s platform OPTIMUM

MAYKOR-GMCS, a leader in business applications implementation, software development and application management, and a group of companies CDC, a leader on the Russian market of mobile solutions for different areas of economy and business, signed a partnership agreement. MOSCOW, 28-4-2015 … Read the full press release

Capgemini to acquire US based IGATE for $4.04 billion

North America becomes the largest region of the Group with this major acquisition. North America to represent 30% of the Group’s estimated combined revenues of €12.5bn in 2015 Enhances Capgemini’s competitiveness across all regions and broadens its offerings in key … Read the full press release

United Internet Ventures AG purchased 9.1% equity stake in Drillisch AG, Maintal

Montabaur, 28-4-2015 — /EuropaWire/ — United Internet AG today contractually secured – via its subsidiary United Internet Ventures AG – the purchase of an approx. 9.1% equity stake in Drillisch AG, Maintal. The acquisition can only be closed after the relevant … Read the full press release

E.ON Global Commodities SE to purchase up to two million tons of regasified LNG per year (2.0 mtpa) from Meridian LNG in a new 20-year gas sales agreement

Düsseldorf, 27-4-2015 — /EuropaWire/ — Meridian LNG Holdings Corp. (Meridian LNG) and E.ON Global Commodities SE (EGC), the trading unit of E.ON SE, have entered into a 20-year gas sales agreement under which EGC has agreed to purchase up to two … Read the full press release

BP to sell its equity in the Central Area Transmission System (CATS) to Antin Infrastructure Partners for £324 million

LONDON, 27-4-2015 — /EuropaWire/ — BP today announced it has agreed to sell its equity in the Central Area Transmission System (CATS) business in the UK North Sea to Antin Infrastructure Partners for £324 million ($486 million). BP is currently … Read the full press release

Michelin calls on the assistance of Investment Services Provider for implementation of its Share Buyback Program authorized by Annual Shareholders Meeting of May 16, 2014

Clermont-Ferrand, 27-4-2015 — /EuropaWire/ — Compagnie Générale des Etablissements Michelin has called on the assistance of an Investment Services Provider for the implementation of its Share Buyback Program as authorized by the Annual Shareholders Meeting of May 16, 2014. Under … Read the full press release

John Rishton to retire as Chief Executive of Rolls-Royce on 2 July 2015

Derby, England, 27-4-2015 — /EuropaWire/ — Rolls-Royce announces today that John Rishton has decided to retire as Chief Executive on 2 July 2015. He will be succeeded by Warren East, whose appointment follows an extensive international search. Warren East was … Read the full press release

Rolls-Royce to supply power and propulsion package for high-end ice-class multi-purpose vessel for Singaporean ship owner New Orient Marine Pte Ltd

OSLO, 27-4-2015 — /EuropaWire/ — Rolls-Royce has secured a contract to supply a power and propulsion package for a high-end ice-class multi-purpose vessel under construction at Keppel Singmarine for Singaporean ship owner New Orient Marine Pte Ltd. John Knudsen, Rolls-Royce, … Read the full press release

RWE: 15.000 demonstrieren in Berlin gegen die von Wirtschaftsminister Gabriel geplante Strafabgabe für Kohlekraftwerke protestiert

BERLIN, 27-4-2015 — /EuropaWire/ — Tausende Mitarbeiter von Energieversorgungsunternehmen, Unternehmen der energieintensiven Industrie und mittelständische Zulieferer haben am heutigen Samstag in Berlin gegen die von Wirtschaftsminister Gabriel geplante Strafabgabe für Kohlekraftwerke protestiert. Nach Schätzungen der Industriegewerkschaft Bergbau, Chemie, Energie (IGBCE) … Read the full press release

Destatis: Die Einfuhrpreise waren im März 2015 um 1,4 % niedriger als im März 2014

WIESBADEN, 27-4-2015 — /EuropaWire/ — Die Einfuhrpreise waren im März 2015 um 1,4 % niedriger als im März 2014. Im Februar 2015 hatte die Jahresveränderungsrate – 3,0 % betragen, im Januar 2015 hatte sie bei – 4,4 % gelegen. Wie das Statistische Bundesamt (Destatis) weiter mitteilt, stiegen … Read the full press release

Destatis: index of import prices decreased by 1.4% in March 2015 vs. the same month last year

WIESBADEN,  27-4-2015 — /EuropaWire/ — As reported by the Federal Statistical Office (Destatis), the index of import prices decreased by 1.4% in March 2015 compared with the corresponding month of the preceding year. In February 2015 and in January 2015 the … Read the full press release

Aviva research: SMEs fail to make use of expert advice when setting up their business

Only 9% consult legal advisers while 13% use IFAs One in ten not sure whether they need to enrol their staff into a workplace pension A quarter of SMEs don’t know employers’ liability insurance is legally required once they have … Read the full press release