Category Archives: Business

Business Press Releases & News distributed via EuropaWire

DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH to provide EUR 17m long-term loan to Promotora de Viviendas Integrales, S.A. de C.V. for green housing construction in Mexico

Loan of EUR 17m in local currency to medium-sized property developer Affordable low- and middle-income housing Cologne, Germany, 9-9-2014 — /EuropaWire/ — In the rapidly growing cities in developing and emerging-market countries housing is scarce and construction activities are often … Read the full press release

Ryanair to order 200 CFM LEAP-1B engines to power 100 Boeing 737 MAX 200 valued at more than $1.3 billion

Expands CFM-powered fleet to more than 1,000 engines NEW YORK, New York, 9-9-2014 — /EuropaWire/ — Ryanair today announced its commitment to purchase 200 LEAP-1B engines to power 100 Boeing 737 MAX 200. Boeing formally launched the airplane, a variant of the … Read the full press release

Snecma’s fifth development model of the Vinci® rocket engine completes its ground firing tests

Vernon, Canada, 9-9-2014 — /EuropaWire/ — The fifth development model (M5) of the Vinci® rocket engine designed by Snecma (Safran), has successfully completed its ground firing tests. Vinci® is a new-generation cryogenic rocket engine – fueled by liquid hydrogen and oxygen – … Read the full press release

Sagem presents its latest developments in unmanned aerial vehicles at UAV Show Europe 2014 in Bordeaux Mérignac airport, 9-11 September

Bordeaux-Mérignac, France, 9-9-2014 — /EuropaWire/ — At the UAV Show Europe 2014 at the Bordeaux Mérignac airport, from September 9 to 11, Sagem (Safran) is showcasing its latest developments in unmanned aerial vehicles (UAV), for both civil and military applications, in … Read the full press release

Safran: Richard Nevill appointed Vice President of Aircelle’s Customer Services Division

Le Havre, France, 9-9-2014 — /EuropaWire/ — Richard Nevill has been appointed the Vice President of Aircelle’s Customer Services Division, effective September 1. Nevill brings proven expertise in customer support and services, gaining his experience during a 30-year aerospace industry career. … Read the full press release

Transmashholiding’s Demikhovo Engineering Plant received compliance certificate for serial production of new rolling stock type

MOSCOW, 9-9-2014 — /EuropaWire/ — Demikhovo Engineering Plant (DMZ, a part of JSC Transmashholiding) has received a compliance certificate of Certification Register of Federal Railway Transport for serial production of a new rolling stock type, special-purpose ac EMU named as … Read the full press release

EE in partnership with Age UK hosted the first National Techy Tea Party Day to help battle digital exclusion

First EE National Techy Tea Party Day in partnership with Age UK saw over five thousand people get to grips with technology at EE stores, contact centres, offices and partner venues across the country Age UK ambassador June Whitfield joined … Read the full press release

EE survey: Common technology jargon prevents over 65 year olds around the UK from getting online

Three quarters (74%) of over 65s find tech words such as hashtag, selfie and data confusing, according to research from EE. More than a quarter don’t know what an email is and over one in three unaware of the meaning … Read the full press release

The new Wärtsilä LNGPac system granted AIP Certificate from classification society DNV GL

Helsinki, Finland,  9-9-2014 — /EuropaWire/ —The new Wärtsilä LNGPac, the upgraded version of the company’s successful LNG fuel handling system, has been granted an AIP (Approval in Principle) Certificate from the classification society DNV GL. The certificate will be presented … Read the full press release

Wärtsilä Corporation announces new appointments in its management team

Helsinki, Finland, 8-9-2014 — /EuropaWire/ — The following appointments have been made in the management of Wärtsilä Corporation: Mr Rakesh Sarin (59), B.Sc. (Eng.), has been appointed President of Power Plants, Executive Vice President and member of the Board of … Read the full press release

Wärtsilä Yuchai Engine Co., Ltd. opens new factory in Doumen District, Zhuhai City, Guangdong Province, China

Guangdong, China, 8-9-2014 — /EuropaWire/ — Wärtsilä Yuchai Engine Co., Ltd, a joint venture between Wärtsilä and Yuchai Marine Power Co., Ltd., has inaugurated its new factory in Doumen District, Zhuhai City, Guangdong Province, China. The new factory covers a … Read the full press release

Wärtsilä Switzerland Ltd and China based Jiangsu Antai Power Machinery Co. Ltd. sign licence agreement for manufacture and sales of Wärtsilä 2-stroke engines

ZURICH, 8-9-2014 — /EuropaWire/ — A licence agreement covering the manufacture and sales of Wärtsilä 2-stroke engines has been signed between Wärtsilä Switzerland Ltd and China based Jiangsu Antai Power Machinery Co. Ltd. (JAD). JAD is the former large horse-power … Read the full press release

INEOS Compounds and Doeflex Compounding integrate their respective PVC compounding businesses

Rolle, Switzerland, 8-9-2014 — /EuropaWire/ — INEOS Compounds and Doeflex Compounding have today implemented the combination of their respective PVC compounding businesses. The newly combined business features an integrated management team from both entities and is known as INEOS Compounds. Comments … Read the full press release

VINCI: Opening of first German motorway project involving remuneration based on availability for traffic known as V-Modell contract

Official opening of the widened and renovated Triptis–Schleiz section of the A9 motorway in Germany Rueil-Malmaison, France, 8-9-2014 — /EuropaWire/ — Alexander Dobrindt, Germany’s Federal Minister of Transport and Digital Infrastructure, and Pierre Coppey, VINCI’s Chief Operating Officer, officially opened … Read the full press release

Genworth: Tougher regulation and higher capital requirements for lenders accelerated the fall in homeownership

Unprecedented collapse in the number of people able to buy their first home as tougher regulation and greater capital requirements since 2007 take their toll Even with Help to Buy, first time buyer numbers in 2014 will fall 41% short … Read the full press release

juwi expands its global footprint to the Philippines with the construction of utility scale solar PV power plant

6.25 MW solar farm to replace old diesel generators / juwi to provide complete EPC services / more projects in the pipeline Wörrstadt, Germany, 8-9-2014 — /EuropaWire/ — Germany’s juwi group has expanded its global footprint to the Philippines. The … Read the full press release

Jaguar Land Rover provides 135 vehicles supporting HM Government at the NATO Summit running 4-5 September at Celtic Manor in Newport

Coventry, 5-9-2014 — /EuropaWire/ — Jaguar Land Rover is supplying a total of 135 vehicles, supporting HM Government for the two-day event, running 4-5 September, at Celtic Manor in Newport. The vehicles will be showcasing the company’s British design, engineering … Read the full press release

ECE subsidiary Auxideico awarded the management contract for Marineda City Shopping Center in La Coruña, North West Spain

Spanish subsidiary of ECE, Auxideico, takes over management of Marineda City GALICIA, Spain, 5-9-2014 — /EuropaWire/ — The Spanish subsidiary of ECE, Auxideico, which is one of the leading shopping center operators in Spain, was awarded the management contract for … Read the full press release

EFPIA to host public conference on 15 October 2014 to discuss the best path towards stronger healthier and more prosperous EU

BRUSSELS, 5-9-2014 — /EuropaWire/ — On 15 October 2014, EFPIA will host a public conference to discuss the best path towards a stronger healthier and more prosperous EU. #HealthyEU – Health Driving Growth in Europe will bring together a diversity of representatives – … Read the full press release

National Grid starts 12 week consultation exercise on plans to connect new sources of electricity generation into ‘the grid’ in Cumbria and Lancashire

12 week period of consultation starts on Thursday 4th September National Grid starts consultation on the North West Coast Connections project  People across Cumbria and Lancashire invited to give feedback on plans to connect new sources of electricity into ‘the … Read the full press release