Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Akzo Nobel N.V. announced changes to its Supervisory Board to be adopted by company’s AGM on April 29th, 2014

The Supervisory Board of Akzo Nobel N.V. today announced changes to its membership that will be proposed for adoption by the company’s Annual General Meeting of Shareholders on April 29th, 2014. Amsterdam, Netherlands, 10-2-2014 — /EuropaWire/ — Current Chairman Karel Vuursteen will … Read the full press release

Networked visualization systems: Barco introduces new version of its TransForm N system

Kortrijk, Belgium, 10-2-2014 — /EuropaWire/ — Barco, a pioneer in networked visualization systems, introduces a new version of its TransForm N system. The highlight of version 2.6 is the new, high-performance NGS-D200 video-to-data (V2D) encoder/decoder, which provides the best possible content-independent streaming … Read the full press release

Barco LiveDots introduced new family of LCD-based advertisement kiosks

Kortrijk, Belgium, 10-2-2014 — /EuropaWire/ — Barco LiveDots, a Barco company, is proud to announce the expansion of its portfolio with a new family of LCD-based advertisement kiosks. Targeted to the retail and advertising market, the brand-new range consists of five displays. … Read the full press release

Convertible hybrid bond notes: Ahlstrom’s underwriting of convertible hybrid bond notes issued by Suominen ceased

Helsinki, Finland, 10-2-2014 — /EuropaWire/ — Ahlstrom, a global high performance fiber-based materials company, announces that its underwriting of convertible hybrid bond notes issued by Suominen Corporation has ceased. Suominen’s convertible hybrid bond issue with a nominal value of EUR 17.5 million … Read the full press release

Ahlstrom announced changes in its management structure

Helsinki, Finland, 10-2-2014 — /EuropaWire/ — Ahlstrom, a global high performance fiber-based materials company, will refine its management structure to accelerate the targeted profitability improvement and rapid implementation of the rightsizing program. The company’s operating model, with five business areas and common … Read the full press release

Core network infrastructure upgrade: WIND Hellas and Ericsson complete Mobile Packet Core network evolution

WIND Hellas invests in core network infrastructure from Ericsson to improve performance and enable innovative mobile broadband offerings to subscribers Turn-key end-to-end system integration project for Ericsson’s Evolved Packet Core solution with latest Evolved Packet Gateway and Policy Control platform … Read the full press release

Ericsson to acquire Massachusetts-based Azuki Systems, Inc.

Ericsson extends leadership position with acquisition of industry-leading technology portfolio in adaptive bitrate (ABR) and content protection Complements Microsoft Mediaroom acquisition, further supporting TV Anywhere services with a comprehensive set of technologies Accelerates Ericsson’s offering of TV Anywhere services through … Read the full press release

ABLV Group’s ABLV Private Equity Fund 2010 increased shareholding in leading Latvian pharmaceutical company AS Grindeks

Riga, Latvia, 10-2-2014 — /EuropaWire/ — ABLV Private Equity Fund 2010, KS which is a part of ABLV Group, has increased its shareholding in the leading Latvian pharmaceutical company AS Grindeks to 22.66%. In addition to AS Grindeks shares previously owned, ABLV … Read the full press release

Global stock market: Management company comment about ABLV open-end mutual funds in January

Riga, Latvia, 10-2-2014 — /EuropaWire/ — January in global stock market can be divided into two parts. During the first half of the month, trends of the previous year were continued – decoupling in stock markets of developed and emerging countries. Most … Read the full press release

Belgacom won four out of sixteen prizes distributed at Channel Awards this year

Brussels, Belgium, 7-2-2014 — /EuropaWire/ — The Channel Awards are, in a way, the annual ‘Oscars’ for the distribution of ICT products in Belgium. This year, resellers, manufacturers and distributors gave Belgacom four out of sixteen prizes that were distributed. For the … Read the full press release

BlackRock Investment Management (UK) Limited notified Delhaize Group that it now owns 4.86% of Delhaize Group’s voting rights

Brussels, Belgium, 7-2-2014 — /EuropaWire/ — Pursuant to the Belgian Law of May 2, 2007 relating to the publication of major shareholdings in listed companies, Delhaize Group (Euronext Brussels: DELB – NYSE: DEG), the Belgian international food retailer, has received a notification of … Read the full press release

CEPSA signed distribution agreement for its lubricants in China with SAIC Group company APSIS

CEPSA has entered into an agreement to distribute its products in China through APSIS, a SAIC Group company The agreement is part of CEPSA Group business area’s internationalisation expansion plan The pact will enable Bergé Automación to strengthen its relationship … Read the full press release

K+S commissioned study shows K+S Verbundwerk Werra is a central building block for the economic and demographic development of the region

With 4,400 employees at the Werra plant, K+S is the most important employer in the region Company helps secure a further 3,000 jobs at suppliers in Hesse and Thuringia Medium-sized businesses in the region received orders worth € 195 million … Read the full press release

LUKOIL announced nominees for its Board of Directors and Audit Commission to be elected at the 2014 Annual General Shareholders Meeting

Moscow, Russia, 5-2-2014 — /EuropaWire/ — The Board of Directors of OAO LUKOIL approved lists of candidates for election of the Board of Directors and the Audit Commission at the 2014 Annual General Shareholders Meeting. The list of candidates is based … Read the full press release

Intershop to release an innovative simulation software program for complex e-commerce processes in 2014

The system-independent SaaS solution SIMCOMMERCE is set to be released in late 2014 The first tool tailored specifically to online commerce for new technologies big data and predictive analytics Software shortens the decision-making process while minimizing risks and costs Jena, … Read the full press release

Almirall to accomplish its restructuring plan in Spain after new agreement reached

Both parties have reached a negotiated solution given the situation of the pharmaceutical market and the moment that the company is facing in Spain.  Barcelona, Spain, 5-2-2014 — /EuropaWire/ — Almirall and the representatives of the employees have signed an agreement which … Read the full press release

ArcelorMittal received US antitrust clearance for ThyssenKrupp Steel USA acquisition

Luxembourg, 5-2-2014 — /EuropaWire/ — ArcelorMittal today announces that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act (HSR) terminated on January 29, 2014 with respect to its acquisition, through a 50/50 joint venture with Nippon Steel & Sumitomo Metal Corporation, … Read the full press release

Chrysler Group LLC announced pricing of its $5 Billion Debt Offering

Turin, Italy, 5-2-2014 — /EuropaWire/ — Chrysler Group LLC (“Chrysler Group”) announced yesterday the pricing of its previously announced offering of secured senior debt securities to yield approximately $3.0 billion in net proceeds. Chrysler Group also priced senior secured term loan facilities under which … Read the full press release

Solvay to increase its annual production capacity of natural soda ash in US by 150,000 metric tons

Brussels, Belgium, 4-2-2014 — /EuropaWire/ — Solvay plans to increase its annual production capacity of natural soda ash at its Green River plant in Wyoming by 150,000 metric tons as of early next year, to meet growing demand of its U.S. … Read the full press release