Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Kesko Food opened its fourth K-ruoka food store in St. Petersburg, Russia

Kesko Food today opened its fourth food store in the St. Petersburg area. In addition to the four stores already in operation, Kesko Food’s objective is to open three new large food stores in the St. Petersburg area by the … Read the full press release

ANDRITZ announced it achieved 40% less power consumption for its new series of decanter centrifuges for the environment industry

International technology Group ANDRITZ has launched a new series of decanter centrifuges for the environment industry, achieving up to 40% less power consumption, while maintaining throughput and efficiency. Graz, Austria, 13-12-2013 — /EuropaWire/ — This innovative new series was developed in the … Read the full press release

ANDRITZ announced Europe’s largest new paper machine installed at Zellstoff Pöls, Austria

International technology Group ANDRITZ successfully started up Europe’s largest new paper machine for specialty papers, supplied to Zellstoff Pöls, Austria. Graz, Austria, 13-12-2013 — /EuropaWire/ — The PrimeLine paper machine produces very high-strength paper grades used primarily for carrier bags, high-grade medical … Read the full press release

BAWAG P.S.K. to sell and leaseback its corporate headquarters “Postsparkasse” to real estate group SIGNA Prime Selection AG

Property and building remain the headquarters of the Bank under a long term lease agreement with SIGNA Prime Selection AG Transaction success will result in increased capital for supporting core Austrian banking businesses SIGNA expands its portfolio of high-quality and extraordinary properties … Read the full press release

Die Austria Wirtschaftsservice GmbH (aws) unterzeichnet europaweit erste RSI-Rückgarantievereinbarung für innovative Unternehmen

Die Austria Wirtschaftsservice GmbH (aws) ist die erste Förderbank Europas, die mit dem European Investment Fund (EIF) eine Rückgarantievereinbarung im Rahmen des „Risk Sharing Instrument“ (RSI) unterzeichnet. Damit erleichtert die aws innovativen österreichischen KMU und mittelständischen Unternehmen den Zugang zu … Read the full press release

Forrester Research Inc named SAP AG leader in its report “The Forrester Wave™: Enterprise Data Warehouse, Q4 2013”

Walldorf, Germany, 12-12-2013 — /EuropaWire/ — SAP AG (NYSE: SAP) today announced that it has been ranked by Forrester Research Inc. as a leader in its report “The Forrester Wave™: Enterprise Data Warehouse, Q4 2013.”* In the evaluation, SAP earned among the highest scores among … Read the full press release

SAP AG announced key open source contributions at SAP® TechEd in Bangalore, India December 11–13

New OpenUI5, a New Unified Developer License, Node.js Connector and a New Development Environment for SAP HANA Create More Opportunities Bangalore, India, 12-12-2013 — /EuropaWire/ — SAP AG (NYSE: SAP) today announced an extended and deeper commitment to the developer community with … Read the full press release

Alpha Bank announced the results of the exercise process of the Titles Representing Share Ownership Rights (Warrants)

Athens, Greece, 12-12-2013 — /EuropaWire/ — Alpha Bank (hereinafter the “Bank”) announces that, based on the Warrant exercise orders submitted until 10.12.2013, 28.8 million Warrants on shares issued by the Bank and owned by the Hellenic Financial Stability Fund (“Warrants”) have been blocked … Read the full press release

SAP AG announced new capabilities for the SAP Business ByDesign® solution

Walldorf, Germany, 12-12-2013 — /EuropaWire/ — Reaffirming its commitment to provide independent companies and subsidiaries worldwide a flexible, cost-effective mid-market cloud enterprise resource planning (ERP) suite, SAP AG (NYSE: SAP) today announced new capabilities for the SAP Business ByDesign® solution. The updates leverage SAP … Read the full press release

STMicroelectronics introduced its IC ultra low power energy harvester and battery charger

Highly efficient, ultra low-power energy harvester and battery charger enhances flexibility, simplifies design, extends application reach Geneva, Switzerland, 11-12-2013 — /EuropaWire/ — STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, is opening new avenues for … Read the full press release

The deed of merger of Salini S.p.A. into Impregilo S.p.A. registered with the Companies Register of Rome and Milan

Milan / Rome, Italy, 11-12-2013 — /EuropaWire/ — Impregilo S.p.A., a company managed and coordinated by Salini S.p.A., wishes to announce that the deed of merger by incorporation of Salini S.p.A. into Impregilo S.p.A., filed on 3 December 2013 at the Companies … Read the full press release

Astaldi’s Canadian subsidiary lands CAD 1 billion contract for construction of major civil works for the Muskrat Falls hydroelectric project

THE CONTRACT ALSO FORESEES AN OPTION FOR THE CONSTRUCTION OF THE DAM  Rome, Italy, 11-12-2013 — /EuropaWire/ — Astaldi, through its subsidiary Astaldi Canada, has signed the CAD 1 billion contract for the construction of major civil works for the Muskrat Falls hydroelectric generating … Read the full press release

Astaldi S.p.A. to offer additional €100M Senior Notes due 2020 for partial repayment of group’s existing debt

Rome, Italy, 11-12-2013 — /EuropaWire/ — Astaldi S.p.A. (the “Issuer” or “Astaldi”) announces the offer of additional €100,000,000 Senior Notes due 2020 (the “Additional Notes”). The issue and offering of the Additional Notes was approved by the Board of Directors of Astaldi on November … Read the full press release

ESET HQ malware research lab reports for advanced banking trojan Hesperbot targeting banks and users in Germany and Australia

Large Infection Waves Continue in the Czech Republic Bratislava, Slovakia, 11-12-2013 — /EuropaWire/ — ESET HQ malware research lab is reporting new campaigns of the very effective banking trojan Hesperbot. As previously uncovered by ESET, Hesperbot is using very credible-looking spreading campaigns … Read the full press release

Gazprom announced it opened representative office in the European Union capital Brussels

Brussels, the capital of the European Union hosted today the opening ceremony of Gazprom’s representative office in the Kingdom of Belgium. Brussels, Belgium, 11-12-2013 — /EuropaWire/ — Taking part in the opening ceremony were Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee, Anatoly Yanovsky, Deputy Energy Minister of the … Read the full press release

Gazprom welcomes European Commission’s approval of its asset swap deal with Wintershall

Moscow, Russia, 11-12-2013 — /EuropaWire/ —  The European Commission approved the asset swap deal between Gazprom and Wintershall. The deal is supposed to increase Gazprom’s stakes in gas trading and storage companies of WINGAS Group to 100 per cent as well as in WIEH and WIEE – to 100 per cent. Gazprom will … Read the full press release

STRABAG AG to modernise 42.2 km long railway section between Vintu de Jos and Simeria in western Romania

42.2 km section between Vințu de Jos and Simeria in western Romania Contract value of € 317 million; STRABAG’s share about € 66 million Construction time of 30 months Vienna, Austria, 10-12-2013 — /EuropaWire/ — As part of a consortium, STRABAG AG, … Read the full press release

EADS presented restructuring plan for its future Airbus Defence and Space Division (Airbus DS) to European Works Council

Restructuring plan presented to EADS European Works Council Concentration of sites across Group’s four “home countries” and consolidation of legal entities Reduction of 5,800 positions at future “Airbus Defence and Space” Division and Corporate functions Toulouse, France / Leiden, Netherlands, 10-12-2013 … Read the full press release

Cargotec to raise EUR 74 million in equity to refinance existing debt

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG OR JAPAN. Helsinki, Finland, 10-12-2013 — /EuropaWire/ — Cargotec Corporation announced on 3 December 2013 that the company intends to offer up to … Read the full press release

Attica Bank S.A. released Q3 2013 Group results

Profit before provisions: 2 million euros for Q3 2013 Equity: 447 million euros High NPL coverage ratio Athens, Greece, 10-12-2013 — /EuropaWire/ — Statement by the Chairman of the BoD and Executive Director of the Bank, Mr. Ioannis Gamvrilis: “Attica Bank, after the … Read the full press release