Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Enel Board of Directors examined and agreed upon possible corporate reorganization for the group’s investments in Latin America

Santiago de Chile, 24-4-2015 — /EuropaWire/ — The Board of Directors of Enel S.p.A. (“Enel”), meeting today under the chairmanship of Patrizia Grieco, has examined and agreed upon the possibility that the boards of directors of Enersis S.A. (“Enersis”) and … Read the full press release

Volkswagen Aktiengesellschaft to pay SEK 200 cash per share to Scania’s noncontrolling interest shareholders

Wolfsburg, 23-4-2015 — /EuropaWire/ — Volkswagen Aktiengesellschaft is paying SEK 200 plus interest of SEK 5.02 in cash per share to the noncontrolling interest shareholders of Scania who did not tender their shares in the course of Volkswagen’s offer. This was announced … Read the full press release

Husqvarna Group interim report January – March 2015: operating income increased by 22% to SEK 1,112m despite currency adjusted sales decline of -3%

STOCKHOLM, 22-4-2015 — /EuropaWire/ — Husqvarna Group interim report January – March 2015: operating income increased by 22% to SEK 1,112m despite currency adjusted sales decline of -3% Kai Wärn, President and CEO: “Since January 1, Husqvarna Group operates under a … Read the full press release

Jeff Hohler appointed President of the Consumer Brands Division and member of Husqvarna Group Management

Effective May 1, 2015, Jeff Hohler has been appointed President of the Consumer Brands Division and member of Husqvarna Group Management.  STOCKHOLM, 22-4-2015 — /EuropaWire/ — Most recently, Jeff Hohler has held the position as President of the Tools Business … Read the full press release

Pöyry report on the growing risks facing renewable investors in European power markets

A report by Pöyry on the growing risks facing renewable investors in European power markets. HELSINKI, 22-4-2015 — /EuropaWire/ — The days of “invest and forget” are over for investors in renewable energy. Pöyry Management Consulting forecasts greater risk to … Read the full press release

Ricoh Europe sponsored Economist Intelligence Unit white paper: academics and leaders predict the top trends they believe will change how we work in the next 10 to 15 years

LONDON, 22-4-2015 — /EuropaWire/ — Workplace experts from a cross-section of industries have revealed the top trends they believe will change how we work in the next 10 to 15 years. In a new white paper focused on ‘The Future of … Read the full press release

Ben van der Werf to succeed Richard Jameson as head GfK’s Consumer Experiences business in UK

Richard Jameson leaving GfK to pursue new opportunities London, 22-4-2015 — /EuropaWire/ — Effective May 11, Ben van der Werf will head GfK’s Consumer Experiences business in the United Kingdom. In addition, he will take regional responsibility for Consumer Experiences … Read the full press release

GfK survey: 76 percent of consumers agree that brands and companies have to be environmentally responsible

• Close to two thirds feel guilty when they do something that is not environmentally friendly. • The same number claims to only buy products and services that appeal to their beliefs, values or ideals. Nuremberg, 22-4-2015 — /EuropaWire/ — … Read the full press release

Akzo Nobel N.V. reports 42 percent increase in operating income in Q1 2014

Solid first quarter for AkzoNobel Operating income up 42 percent at €306 million (2014: €216 million), reflecting the effects of process optimization, reduced restructuring expenses, lower costs and favorable currencies Revenue up 6 percent due to 8 percent favorable currency … Read the full press release

Jerry Bruckheimer Films to collaborate with Barco to utilize their immersive, panoramic movie format, Barco Escape

Rancho Cordova, Ca., USA, 21-4-2015 — /EuropaWire/ — Digital cinema market share leader Barco and Jerry Bruckheimer Films announce today a partnership for Bruckheimer to collaborate with Barco to utilize their immersive, panoramic movie format, Barco Escape. Jerry Bruckheimer Films has also … Read the full press release

Norges Bank reduced its participation in Barco to below the threshold of 3.00% of the shares

Disclosure in accordance with the provisions of the Act of 2 May 2007: Transparency law Kortrijk, Belgium, 21-4-2015 — /EuropaWire/ — On 20 April 2015, Norges Bank (the Central Bank of Norway), Bankplassen 2, P.O Box 1179, Sentrum, 0107 Oslo, Norway, … Read the full press release

Ericsson and Intel Security to make managed security solutions available for telecom operators

Agreement combines Ericsson’s managed services expertise, global delivery capability and network security expertise with Intel® Security’s broad portfolio of consumer and enterprise security solutions Telecom operators provide regulatory compliance expertise and the ability to bundle communications services with security Initially, … Read the full press release

L’Oréal’s Sharing Beauty with All programme: CO2 emissions reduced by 50% since 2005; 54,000 jobs created for people from underprivileged communities

Group unveils the first results of its Sharing Beauty with All sustainable development programme. Clichy, 20-4-2015 — /EuropaWire/ — One year after the launch of L’Oréal’s Sharing Beauty with All programme for sustainable development, with ambitious and quantified objectives, the Group … Read the full press release

Standard Chartered Global Research special report identifies the three biggest risks and three most likely opportunities in the global economy

LONDON, 17-4-2015 — /EuropaWire/ — While there are clearly risks, the seismic events the world economy endured over four years – a doubling in oil prices, a major financial crisis, the worst recession since WW2 and the euro crisis – … Read the full press release

Henkel enhances its competence in the area of hotmelt adhesives with the acquisition of Novamelt GmbH

Henkel to broaden its portfolio of pressure sensitive adhesives Düsseldorf, 17-4-2015 — /EuropaWire/ — Henkel signed an agreement to acquire Novamelt GmbH, a privately owned company based in the south of Germany. With this transaction Henkel as leading solution provider worldwide … Read the full press release

LEGO Group expands its production facility in its Kladno factory in the Czech Republic

The growth of the LEGO Group in recent years and its strategy to locate production close to its core markets have led to a further expansion of the Kladno factory in the Czech Republic, which employs 2000 people at present. … Read the full press release

Vaisala Corporation to publish its Interim Report January-March 2015 on Tuesday, April 28, 2015

VANTAA, 16-4-2015 — /EuropaWire/ — Vaisala Corporation will publish its Interim Report January-March 2015 on Tuesday, April 28, 2015 at about 2:00 p.m (Finnish time). The report will be available at www.vaisala.com. The CEO’s presentation will be published at 4:00 … Read the full press release

The Lenzing Group sold its fully owned German subsidiary Dolan GmbH and its 91.1% stake in European Carbon Fiber GmbH

LENZING, 16-4-2015 — /EuropaWire/ — The Lenzing Group announces the sale of its fully owned German subsidiary Dolan GmbH, Kelheim and its 91.1% stake in European Carbon Fiber GmbH, Kelheim to WHEB Partners’ Growth Fund 2 of England and Jan … Read the full press release

Saxo Bank strengthened its capital base by issuing Convertible Tier 2 Notes and new equity capital for EUR 77.5 million in total

Saxo Bank, the global online trading and investment specialist, has announced that it has strengthened its capital base by issuing Convertible Tier 2 Notes in exchange for EUR 46.25 million and by issuing new equity capital in the amount of … Read the full press release

Wood Group PSN won new five year contract from EnQuest to provide services to Thistle, Heather and Northern Producer offshore assets in the North Sea

ABERDEEN, 15-4-2015 — /EuropaWire/ — Wood Group PSN has been awarded a new five year contract from EnQuest to provide engineering, design, construction, procurement and commissioning services to the Thistle, Heather and Northern Producer offshore assets in the North Sea. … Read the full press release