Category Archives: Business

Business Press Releases & News distributed via EuropaWire

OAO NOVATEK expanded capacity from 5 to 11 million tons at the Purovsky plant

Moscow, Russia, 22-1-2014 — /EuropaWire/ — OAO NOVATEK (“NOVATEK” and/or the “Company”) announced today that last two (out of four) new gas condensate stabilization trains with three (3) million tons per annum overall capacity were launched at the Purovsky plant resulting in … Read the full press release

Marchesini Group introduced its new filling and closing machine Millennium 120-2 for ATEX products and ultrasound sealing

Pianoro (BO), Italy, 22-1-2014 — /EuropaWire/ — In 2013, a well-known American supplier of veterinary products purchased a new version of the filling and closing machine Millennium 120 from Marchesini Group. TheMill120-2 was created from the standard single channel linear version. The new version adds innovative solutions … Read the full press release

The Basel Committee on Banking Supervision issued risk management guidelines on anti-money laundering and terrorist financing

Basel, Switzerland, 22-1-2014 — /EuropaWire/ — The Basel Committee on Banking Supervision has today issued a set of guidelines to describe how banks should include the management of risks related to money laundering and financing of terrorism within their overall risk management framework. Prudent … Read the full press release

Ed. Züblin AG and VAMED Germany consortium to renovate the Charité university hospital in Berlin

Stuttgart, Germany, 22-1-2014 — /EuropaWire/ — Following contract award at the beginning of January, the general contractor consortium consisting of Ed. Züblin AG and VAMED Germany have begun renovation works at the Charité university hospital in Berlin. Over the next three years, … Read the full press release

CBI quarterly Industrial Trends Survey reveals new manufacturing orders growing at fastest rate since 2011

London, UK, 21-1-2014 — /EuropaWire/ — Growth in new manufacturing orders was the strongest since April 2011, according to the latest CBI quarterly Industrial Trends Survey. In the three months to January 2014, domestic orders rose, uncertainty about demand fell and investment … Read the full press release

New report from World Economic Forum and Bain & Company calls for global supply chain reform

New report calls for action by governments and business to cut supply chain barriers with detailed analysis of food and automotive trade Business leaders call to build on recent WTO negotiations in Bali with supply chain reforms Global food loss … Read the full press release

GS Group’s First Carton Plant to present corrugated and molded packaging at the International Conference on gardening in Krasnik, Poland

St. Petersburg, Russia,  21-1-2014 — /EuropaWire/ — The First Carton Plant, an enterprise within GS Group holding and the largest manufacturer of packaging in the Kaliningrad region, is to present its modern production of corrugated and molded packaging to European customers … Read the full press release

Rio Tinto completed $3.5 billion of non-core asset sales and sets new production records in 2013

London, UK, 21-1-2014 — /EuropaWire/ — Rio Tinto chief executive Sam Walsh said “These are excellent fourth quarter operational results, demonstrating continued delivery on our commitments. We have set new records for iron ore production and shipments as we ramp up … Read the full press release

Ulrich Tillmanns named Chairman of the German Ogilvy Group

Frankfurt, Germany, 20-1-2014 — /EuropaWire/ — Effective January 1, 2014, Ulrich Tillmanns has been named Chairman of the German Ogilvy Group. Thomas Strerath, Group CEO, explains Tillmanns appointment to this more clearly defined, operations-oriented position: “Ulrich Tillmanns brings the necessary organizational and … Read the full press release

TÜV Rheinland developed completely new test program for solar power systems with stationary storage facilities

Cologne, Germany, 20-1-2014 — /EuropaWire/ — The independent testing service provider TÜV Rheinland has developed a completely new test program for solar power systems with stationary storage facilities similar to those used in single-family detached homes, for example. The test method takes … Read the full press release

TÜV Rheinland AG announced initial estimate indicates record revenues of over €1.6 billion for the group in 2013

Cologne, Germany, 20-1-2014 — /EuropaWire/ — According to an initial estimate, TÜV Rheinland achieved record revenues of over €1.6 billion in 2013, continuing its growth both on the German domestic market and at international level. Adjusted to currency fluctuation, the global testing … Read the full press release

World Economic Forum and McKinsey & Company report reveals improved cyber security could save global economy trillions

New World Economic Forum report examines the need for new approaches to increase resilience against cyberattacks Report offers a framework for collaboration to help leaders build effective cyber risk management platforms Delays in adopting cyber security capabilities could result in … Read the full press release

The 12th Open Forum Davos 2014 to open its doors to the general public from 22 to 24 January in Davos, Switzerland

Open Forum Davos 2014 programme offers sessions on geopolitics, the economy, social affairs and more Panellists include top leaders from business, politics and civil society For more information about the 12th Open Forum, visit: http://www.openforumdavos.ch Davos, Switzerland, 20-1-2014 — /EuropaWire/ — On the … Read the full press release

Global Shapers Community’s Zurich Hub launched the first zero-emissions electric cab fleet in the Swiss city

Green Taxis, a new initiative of the Global Shapers Zurich Hub, promotes the use of green transportation Zurich Hub is part of the Global Shapers Community of more than 3,000 socially engaged Millennials in over 300 Hubs worldwide The Global … Read the full press release

Energetický a průmyslový holding, a.s. (EPH) and Czech Coal Group ended their disputes over brown coal supply

Brno, Czech Republic, 20-1-2014 — /EuropaWire/ — Energetický a průmyslový holding, a.s. (“EPH”) and the Czech Coal Group have ended their disputes by signing an out-of-court agreement on settlement. The two groups have therefore discharged each other from all obligations to one … Read the full press release

Telecommunications services operator VimpelCom Ltd announced its 2014 financial calendar

Amsterdam, the Netherlands, 20-1-2014 — /EuropaWire/ — “VimpelCom Ltd.” (“VimpelCom”, “Company” or “Group”) (NASDAQ:VIP), a leading global provider of telecommunications services, announces its financial calendar for the year of 2014. The Company aims to publish its earnings in 2014 at the following dates: … Read the full press release

Chemical group WACKER expanded its technical center for silicone products in Amtala near Kolkata

Munich, Germany / Kolkata, India, 20-1-2014 — /EuropaWire/ — The Munich-based chemical group WACKER is strengthening its presence in India by opening its expanded technical center for silicone products in Amtala near Kolkata today. Operated by the joint venture Wacker Metroark Chemicals … Read the full press release

SGL Group’s HITCO Carbon Composites received Supplier Award from General Atomics Aeronautical Systems, Inc.

Arkadelphia, AR, US, 20-1-2014 — /EuropaWire/ — HITCO Carbon Composites – a subsidiary of SGL Group – The Carbon Company announced today that it received the 2012 Supplier Award for Outstanding Quality and Delivery performance from General Atomics Aeronautical Systems, Inc. (GA-ASI) … Read the full press release

Euler Hermes adds specialized Single Risk & Political Risk insurance team based in Singapore

Hong Kong / Singapore, 17-1-2014 — /EuropaWire/ — Euler Hermes, the world’s leading provider of trade credit insurance, is expanding its services in Asia Pacific with the addition of a specialized Single Risk & Political Risk insurance team based in Singapore. … Read the full press release