Category Archives: Business

Business Press Releases & News distributed via EuropaWire

EDF and AREVA signed series of agreements in support of Saudi nuclear energy program

Riyadh, Saudi Arabia, 6-1-2014 — /EuropaWire/ — On the occasion of French President François Hollande’s visit to Riyadh on December 30, 2013, EDF and AREVA signed two sets of agreements aimed at supporting the Saudi nuclear energy program. The two companies … Read the full press release

EADS group rebranded as “Airbus Group”, to change its legal name to European Company SE (Societas Europaea) by 2015

EADS rebranded as Airbus Group Divisions named Airbus, Airbus Defence and Space, and Airbus Helicopters Airbus Group targets conversion of legal form into European Company SE by 2015 Toulouse, France, 6-1-2014 — /EuropaWire/ — Taking off into the New Year, the EADS … Read the full press release

Orange Business Services to acquire IT identity and security pioneer Atheos

Orange Business Services today announced the acquisition of Atheos, becoming the largest European cyberdefense company and strengthening its position as a leading global player in advanced security services.  Paris, France, 6-1-2014 — /EuropaWire/ — Founded in 2002, Atheos is a pioneer of … Read the full press release

Barclaycard said discounted ‘Black Friday/Mega Monday’ weekend in late November/early December saw spending up 10.4 per cent against 2012

• Online spending up 9.8 per cent on 2012, with in-store spending growing at a more modest 1.2 per cent • Big boost for Christmas Day and Boxing Day spending with 13.6 per cent rise • Average transaction values continue … Read the full press release

RBS CIB to fund with £43m James Caird Asset Management (JCAM)’s purchase of new business parks in Birmingham and Leeds

Edinburgh, Scotland, 6-1-2014 — /EuropaWire/ — Private Investment vehicle, James Caird Asset Management (JCAM), has purchased new business parks in Birmingham and Leeds having agreed a £43m funding facility from Royal Bank of Scotland Corporate & Institutional Banking (RBS CIB).  Canmoor, the … Read the full press release

Prudential plc confirmed The Prudential Assurance Company Limited (PAC) completed domestication of its Hong Kong branch

London, UK, 6-1-2014 — /EuropaWire/ — Prudential plc today confirms that The Prudential Assurance Company Limited (PAC) has completed the process of domesticating its Hong Kong branch.  The Hong Kong branch of PAC was transferred on 1 January 2014 to two new … Read the full press release

Deutsche Telekom AG announced changes in its Board of Management

Timotheus Höttges succeeds René Obermann as Chief Executive Officer Thomas Dannenfeldt to take over as CFO Bonn, Germany, 6-1-2014 — /EuropaWire/ — René Obermann, Chairman of the Board of Management of Deutsche Telekom AG, will leave the company on December 31, 2013 … Read the full press release

Lloyds Bank research names Egerton Crescent and The Bishops Avenue in London the most expensive streets in England and Wales

The most expensive residential streets in England and Wales remain in the Royal Borough of Kensington and Chelsea, according to latest research from Lloyds Bank.  London, UK, 02-1-2014 — /EuropaWire/ — Located in South Kensington, surrounded by fashionable boutiques and with the Victoria … Read the full press release

La nuova app di ENEL ENERGIA disponibile su App Store e Play Store

Disponibile su App Store e Play Store la nuova applicazione che oltre all’autolettura, permette di pagare le bollette, di tenere sotto controllo la fornitura di luce e gas e di gestire tutti i vantaggi connessi al programma Enelpremia2 e alla … Read the full press release

Deutsche Bank moves staff members from its “Große Gallusstraße” building and “Asset Management Center” to new Frankfurt city location

Frankfurt am Main, Germany, 02-1-2014 — /EuropaWire/ — At a new Frankfurt city location, Deutsche Bank will be bringing together the staff members from its office tower at “Große Gallusstraße 10-14”, which the bank has been using in its city center area … Read the full press release

Shell acquired additional 23% interest in Parque das Conchas project offshore Brazil for US $1 billion

Shell today announces it has completed the acquisition of an additional 23% interest in the Parque das Conchas (BC-10) project offshore Brazil for US $1 billion. The Hague, Netherlands,  02-1-2014 — /EuropaWire/ — Regulatory approvals have been obtained and Shell will now … Read the full press release

Maintpartner to sell its engineering workshop business in Kouvola, Finland to Dust Control Systems Oy

Espoo, Finland, 27-12-2013 — /EuropaWire/ — Maintpartner Finland sells its engineering workshop business in Kouvola, Finland to Dust Control Systems Oy, based in Loviisa, Finland. The deal includes the workshop machinery and related inventory. Nine employees transfer to the new owner … Read the full press release

Dmitry Osipov appointed new CEO of Uralkali

Berezniki, Russia, 27-12-2013 — /EuropaWire/ — At the meeting held on 23 December 2013, the Board of Directors of Uralkali (LSE: URKA; the Company) took the decision to appoint Dmitry Osipov as the new General Director (CEO) of the Company, effective … Read the full press release

Carrefour to acquire supermarket chain in Olsztyn, Poland

Warsaw, Poland, 27-12-2013 — /EuropaWire/ — Carrefour announces the acquisition of the RAST supermarket chain, which operates 10 stores in Olsztyn. At heart of the daily life of Polish consumers, RAST supermarkets propose a broad range of fresh produce, notably meat, cold cuts, … Read the full press release

Total announced Qatar Petroleum International (QPI) now owns 15% of Total E&P Congo’s capital

Paris, France, 27-12-2013 — /EuropaWire/ — Further to the signing of a framework agreement in early May, Total is pleased to announce that QPI is now a shareholder of Total E&P Congo, holding 15% of its capital. “The conclusion of this … Read the full press release

ING completed the divestment of ING Life Korea to MBK Partners

Amsterdam, Netherlands, 27-12-2013 — /EuropaWire/ — ING announced today that it has completed the divestment of ING Life Korea to MBK Partners, a Korean private equity firm, for a total purchase price of approximately EUR 1.27 billion. In line with the … Read the full press release

Airbus to supply 50 additional A380s to Emirates Airline

Blagnac, France, 26-12-2013 — /EuropaWire/ — Emirates Airline and Airbus have completed discussions and signed the firm contract for 50 additional A380s originally announced at the Dubai Airshow on 17th November 2013. The contract documents were finalised by Tim Clark, Emirates Airline … Read the full press release

Rosneft to purchase the Global Oil Merchanting unit of Morgan Stanley Commodities division

Moscow, Russia, 26-12-2013 — /EuropaWire/ — On December 20, 2013 a Russian 100% subsidiary of Rosneft Oil Company and Morgan Stanley signed a binding agreement to purchase the Global Oil Merchanting unit of Morgan Stanley Commodities division. Financial terms of the … Read the full press release

Rosneft’s 40% stake in Artic Russia B.V. to be swapped for 51% shares in Sibneftegas held by NOVATEK

Moscow, Russia, 26-12-2013 — /EuropaWire/ — Rosneft announces that it signed an agreement with NOVATEK to swap assets. 40% of shares in Artic Russia B.V. held by Rosneft will be swapped for 51% shares in Sibneftegas held by NOVATEK. The transaction … Read the full press release

Rosneft repaid part of ТNК-ВР Acquisition loan

Moscow, Russia, 26-12-2013 — /EuropaWire/ — Rosneft announces it repaid part of a loan obtained earlier from a group of international banks to finance the acquisition of TNK-BP. With the early repayment announced earlier, the overall amount paid towards the settlement … Read the full press release