Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Eni starts production from Nené Marine field, offshore Congo, just eight months after obtaining the production permit

The result was achieved just eight months after obtaining the production permit. San Donato Milanese (Milan), 06-1-2015 — /EuropaWire/ — Eni has started production from Nené Marine field, offshore Congo, just eight months after obtaining the production permit and 16 months … Read the full press release

EBRD continues to develop local currency financing in Mongolia by providing a loan in tugrik to a Toyota car dealer, Tavan Bogd LLC

Local currency loan to Tavan Bogd Group for repair centre LONDON, 06-1-2015 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is continuing to develop local currency financing in Mongolia by providing a loan in tugrik to a … Read the full press release

The European Commission suspects the Lithuanian railway incumbent AB Lietuvos geležinkeliai (“LG”) in limiting competition on the rail markets in Lithuania and Latvia

BRUSSELS, 06-1-2015 — /EuropaWire/ — The European Commission has informed the Lithuanian railway incumbent AB Lietuvos geležinkeliai (“LG”) that it suspects the company of having limited competition on the rail markets in Lithuania and Latvia by removing a railway track connecting … Read the full press release

first direct announced it has reduced all of its fixed rate mortgages at 65% and 75% LTV

first direct kick-starts the New Year by cutting all fixed rate mortgages LEEDS, 05-1-2015 — /EuropaWire/ — The prospect of fixing into a mortgage, with interest rates still at an all-time low, has become even more appealing following first direct ’s announcement … Read the full press release

The international derivatives markets of Eurex Group ended 2014 with turnover of approximately 2.1 billion contracts

FRANKFURT, 05-1-2015 — /EuropaWire/ — Eurex: The international derivatives markets of Eurex Group ended 2014 with a turnover of approximately 2.1 billion contracts (2013: 2.2 billion contracts). The total volume for 2014 splits into 1.5 billion contracts traded at Eurex Exchange … Read the full press release

Deutsche Börse announced it had €1.28 trillion turnover on its cash markets in 2014

FRANKFURT, 05-1-2015 — /EuropaWire/ — Deutsche Börse: In 2014, turnover at the cash markets of Deutsche Börse stood at €1.28 trillion (2013: €1.16 trillion). Order book turnover on Xetra, Börse Frankfurt and Tradegate stood at €108.9 billion in December (December 2013: … Read the full press release

RBS and NatWest blocked over £1.05 million of hidden fees from payday loan brokers on the day the FCA change the rules

RBS and NatWest announce they have blocked over £1.05 million of hidden fees from payday loan brokers on the day the FCA change the rules. EDINBURGH, 05-1-2015 — /EuropaWire/ — From today (2 January 2015), according to new rules set by … Read the full press release

Pünktliche ÖBB: Auch 2014 Spitzenwerte bei Pünktlichkeit

Österreichweit 96,7 Prozent der Züge pünktlich Wien im Bundesländervergleich mit 97,7 Prozent auf Platz 2 Mit pünktlicheren Zügen noch zufriedenere Kunden WIEN, 05-1-2015 — /EuropaWire/ — Erfreuliche Jahresbilanz für alle Bahnfahrer: Die Züge der ÖBB waren im abgelaufenen Jahr wieder … Read the full press release

Barclays Head of Manufacturing Mike Rigby comments on the PMI manufacturing figures

LONDON, 05-1-2015 — /EuropaWire/ — Mike Rigby, Head of Manufacturing at Barclays, comments on today’s PMI manufacturing figures. “2014 finished on an encouraging note for the manufacturing sector, with growth still moving in the right direction despite broadly benign UK macroeconomic conditions … Read the full press release

Groupe BPCE: La Banque Palatine se dote d’une nouvelle image grâce à une campagne institutionnelle inédite

PARIS, 05-1-2015 — /EuropaWire/ — La Banque Palatine se dote d’une nouvelle image grâce à une campagne institutionnelle inédite. Le concept, qui se décline en deux visuels, positionne la Banque Palatine comme un partenaire différent, en phase avec les ambitions … Read the full press release

Airbus statement on AirAsia Flight QZ 8501 from Surabaya to Singapore

Toulouse, France, 29-12-2014 — /EuropaWire/ — Airbus regrets to confirm that an A320-200 operated by AirAsia Indonesia lost contact with air traffic control this morning, 28th December 2014. The aircraft was operating a scheduled service, Flight QZ 8501, from Surabaya to … Read the full press release

Aviva’s bi-annual Family Finances Report: working parents in UK are being hamstrung by childcare costs with thousands effectively working for nothing

Parents of 0-5s juggle earnings with childcare expenses 1 in 10 families using childcare for 0-5s say lower earner takes home nothing after childcare / work costs are paid Lower earner typically brings home just £243 after childcare / work … Read the full press release

Aviva Family Finance Report: incomes and debts have risen in tandem for UK families over the last 6 months

Typical household income is up by four percent since July 2014 But household debt more than doubles in same period to more than £16,000 More families are saving regularly, but the size of savings pots has shrunk More families protect … Read the full press release

American affiliate of Lone Star Funds to acquire HeidelbergCement’s Hanson Building Products for US$ 1.4 billion

Heidelberg, 29-12-2014 — /EuropaWire/ — HeidelbergCement announces that it has entered into a definitive agreement with an American affiliate of Lone Star Funds to sell its North American (excluding Western Canada) and United Kingdom building products business (collectively “Hanson Building Products”), … Read the full press release

Audi to invest €24 billion between 2015 and 2019, 70 percent of which to go into new models and technologies

Audi CEO Rupert Stadler: “We are strengthening our innovative areas and expanding the global production network” Axel Strotbek, CFO: “70 percent of all investments flow into new models and innovative technologies” Audi Chief Technical Officer Dr. Ulrich Hackenberg: “Focus on … Read the full press release

RB awarded its consolidated global Vitamins, Minerals and Supplements (VMS) business to creative agency McCann Worldgroup

Parsippany, N.J., 23-12-2014 — /EuropaWire/ — RB, the global consumer health, hygiene and home company, has awarded its consolidated global Vitamins, Minerals and Supplements (VMS) business, including MegaRed® and Airborne®, to creative agency McCann Worldgroup. The brands were previously handled … Read the full press release

The port of Grimsby and Immingham becomes the first in the Associated British Ports (ABP) group to sign formal learning agreement with trade union Unite

LONDON, 23-12-2014 — /EuropaWire/ — The port of Grimsby and Immingham has become the first in the Associated British Ports (ABP) group to sign a formal learning agreement with trade union Unite. The agreement will see the appointment of a … Read the full press release

Fincantieri awarded order by Carnival Corporation & plc for the construction of two new cruise ships for Carnival Cruise Line and Holland America Line

Trieste, 23-12-2014 — /EuropaWire/ — Fincantieri has been awarded an order by Carnival Corporation & plc for the construction of two new cruise ships for Carnival Cruise Line and Holland America Line. Both will be sisters ships respectively to “Carnival Vista” … Read the full press release

TomTom signs new facility agreement for a €250 million revolving credit facility

Amsterdam, 23-12-2014 — /EuropaWire/ — TomTom (TOM2) today announced it has signed a new facility agreement for a €250 million revolving credit facility (the “Facility”). The Facility has a maturity date of 31 March 2018 and includes two additional one year … Read the full press release

SEB AG finanziert Kauf von Erdgas-Leitungsnetz in Deutschland

Gemeinsam mit einem Bankenkonsortium finanziert die SEB AG den Kauf der Erdgasversorgungsgesellschaft Thüringen-Sachsen mbH (EVG) mit dem dazugehörigen Erdgas-Leitungsnetz. FRANKFURT, 23-12-2014 — /EuropaWire/ — Das erstreckt sich über eine Länge von 1.168 Kilometern in den Bundesländern Thüringen, Sachsen, Sachsen-Anhalt und … Read the full press release