Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Alstom delivers the first two driverless metros manufactured in Asia for Singapore’s Land Transport Authority

PARIS, 24-7-2014 — /EuropaWire/ — Alstom Transport JV SATCO¹ has delivered the first two driverless metros of 42 new metros ordered by Singapore’s Land Transport Authority (LTA) in February 2012 (the company’s largest contract in Asia Pacific). These are the first metros to … Read the full press release

Essilor launches its first consumer advertising campaign in China for Crizal® lens

Charenton-le-Pont, France, 24-7-2014 — /EuropaWire/ — Building on the success of media campaigns run in the United States, France and Brazil to strengthen the Crizal® brand, Essilor is launching its first consumer advertising campaign in China, which is the world’s biggest ophthalmic lens … Read the full press release

AkzoNobel releases its 2014 Q2 results

Amsterdam, Netherlands, 23-7-2014 — /EuropaWire/ — AkzoNobel releases its 2014 Q2 results Volumes positive in all three Business Areas Revenue down 4 percent, mainly due to 5 percent adverse currency effects Operating income €353 million (2013: €322 million) reflecting increased volume and benefits … Read the full press release

Infrastructure partnership to purchase APM Terminal’s container terminal located in Portsmouth, Virginia

Den Haag, Netherlands, 23-7-2014 — /EuropaWire/ — APM Terminals Virginia and a partnership comprising affiliates of investment funds managed by Alinda Capital Partners (Alinda) and Universities Superannuation Scheme Limited (USS) announced today that the partnership will purchase APM Terminal’s state-of-the-art container terminal located … Read the full press release

Perrigault SA acquires APM Terminals’ 50% share in Terminal Porte Océane (TPO) and Société d’Exploitation du Terminal Porte Océane

Le Havre, France,  23-7-2014 — /EuropaWire/ — Perrigault SA., the Le Havre-based port and logistics operator and APM Terminals announce the completed sale of APM Terminals’ 50% share in Terminal Porte Océane (TPO) and Société d’Exploitation du Terminal Porte Océane to Perrigault … Read the full press release

GLOBUL reports 31% YoY increase in data revenues in the second quarter of 2014

SOFIA, 23-7-2014 — /EuropaWire/ — GLOBUL continued to grow data revenues in the second quarter of 2014, which was up 31% YoY following increased focus on data services. As of end of the quarter, the active customer base exceeded 4 million, … Read the full press release

Barco announced results for the six month period ended 30 June 2014

Kortrijk, Belgium, 23-7-2014 — /EuropaWire/ — Today Barco (Nyse/Euronext: BAR; Reuters: BARBt.BR; Bloomberg: BAR BB) announced results for the six month period ended 30 June 2014.[1] First half 2014 financial highlights: Order book stood at 479.8 million euro, an increase of … Read the full press release

KfW Group and Brazilian development bank BNDES sign EUR 250 million loan agreement to finance wind farms in Brazil

KfW and BNDES sign an agreement worth EUR 250 million for a wind farm programme Construction of systems with an output of 330 MW — around 10% of Brazil’s wind power Avoidance of 5.6 million tonnes of CO2 FRANKFURT, 23-7-2014 … Read the full press release

Ericsson selected by Claro as the sole supplier of the operator’s LTE network in Costa Rica

Ericsson to provide core, microwave transmission and radio access, as well as consulting and services including refarming, roll-out, integration, optimization, field operations and maintenance Commercial offer initially available to pre-paid subscribers in some Costa Rican cities and provinces, such La … Read the full press release

Giza Systems acquires Bull Group’s Egyptian subsidiary VAS Integrated Solutions LLC

Paris and Cairo, 23-7-2014 — /EuropaWire/ — Giza Systems, the leading systems integrator in Egypt and the Middle East announces its acquisition of VAS Integrated Solutions LLC (VIS), Bull Group’s Egyptian subsidiary leader in storage integration and a key distributor for EMC, … Read the full press release

Enea reports improved operating margins and growth in Global Services revenues between April and June 2014

Improved operating margins and growth in Global Services revenues STOCKHOLM, 23-7-2014 — /EuropaWire/ — Operating profit, operating margin, earnings per share and cash flow from operations, all improved compared with the second quarter last year. Net sales for the second quarter amounted … Read the full press release

ABB reported strong order growth, stable revenues and significant increase in cash from operations in Q2 2014

Orders up 13%¹; book-to-bill ratio² of 1.04x Group operational EBITDA³ impacted by loss in Power Systems (PS) Decisive step change actions implemented in PS Cash from operations up by more than $300 million Successful execution of announced portfolio pruning Zurich, … Read the full press release

Avia Solutions Group and Kaunas Free Economic Zone Management UAB to develop new 40 million USD worth Aviation Park in Lithuania

Vilnius, Lithuania, 22-7-2014 — /EuropaWire/ — Avia Solutions Group, a WSE listed global provider of one-stop-shop aviation business solutions, and Kaunas Free Economic Zone Management UAB have signed a memorandum of cooperation with regard to the development of a new Aviation Park … Read the full press release

Banco de España: Enrique Alberola Ila appointed Chief Representative of the BIS Representative Office for the Americas in Mexico City

MADRID, 22-7-2014 — /EuropaWire/ — Enrique Alberola Ila, Executive Coordinator of the Banco de España Associate Directorate General for International Affairs since 2009, has been designated as Chief Representative of the BIS Representative Office for the Americas in Mexico City. He will … Read the full press release

Millar Western Forest Products Ltd. awarded Pöyry with EPCM services assignment for anaerobic bioenergy project at its Whitecourt pulp mill in Alberta, Canada

Vantaa, Finland, 22-7-2014 — /EuropaWire/ — Millar Western Forest Products Ltd. has awarded Pöyry with the assignment for EPCM (Engineering, Procurement and Construction Management) services for an anaerobic bioenergy project at its Whitecourt pulp mill in Alberta, Canada. The project involves integration of … Read the full press release

Philips reports EUR 5.3 billion sales of and EBITA of EUR 415 million in Q2-2014

Amsterdam, Netherlands, 22-7-2014 — /EuropaWire/ — Philips reports Q2 sales of EUR 5.3 billion and EBITA of EUR 415 million Comparable sales growth stable, with sales in growth geographies up 4% EBITA of EUR 415 million, compared to EUR 601 million in Q2 … Read the full press release

Bank of Scotland June Report on Jobs showed further tightening of conditions in Scotland’s labour market

Edinburgh, Scotland, 22-7-2014 — /EuropaWire/ — June’s Bank of Scotland Report on Jobs showed a further tightening of conditions in Scotland’s labour market, with salary inflation pushed to the highest in the survey’s history on the back of stronger demand for staff and … Read the full press release

Fokker Elmo and SASMOS HET Technologies Ltd. partner to produce electrical wiring interconnection systems in Bangalore, India

Hoofddorp, Netherlands, 22-7-2014 — /EuropaWire/ — Fokker Elmo, a business unit of Fokker Technologies and SASMOS HET Technologies Ltd. have signed Agreements for producing electrical wiring interconnection systems in Bangalore, India. Recognizing the Indian aviation market is one of the fastest growing … Read the full press release

Skanska published its Six Month (January – June 2014) Report

Stockholm, Sweden, 22-7-2014 — /EuropaWire/ — Highlights: – Order bookings in Construction amounted to SEK 70.4 billion (60.3); adjusted for currency effects, order bookings increased by 16 percent. – The order backlog amounted to SEK 155.4 billion (Mar. 31, 2014: 145.7); adjusted … Read the full press release

Skanska sells office property in Virginia, USA to Invesco Advisers, Inc. for USD 90 M (SEK 585 M)

Skanska sells the office property at 1776 Wilson Boulevard in Virginia, USA for USD 90 M, about SEK 585 M. The buyer is Invesco Advisers, Inc. and the transaction will be recorded by Skanska USA Commercial Development in the third … Read the full press release