Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Rolls-Royce to provide aftermarket engine support for the US Marine Corps and Air Force V-22 fleets

LONODN, 26-11-2014 — /EuropaWire/ — Rolls-Royce has been awarded a new, two-year contract to provide aftermarket engine support for the US Marine Corps and Air Force V-22 fleets, which provides a more than 30 percent reduction in support costs. The … Read the full press release

Orange reaffirms its intention to make health and safety a core component of its Human Resources policy with new agreement signed on 21 November 2014

An agreement in the health and safety field was signed at Orange on 21 November 2014 by Bruno Mettling, Deputy Chief Executive Officer in charge of the Group’s Human Resources, Philip Jennings, General Secretary of UNI Global Union, William Coker, … Read the full press release

Deutsche Telekom AG and Orange SA evaluate various strategic options to strengthen the market position of EE; having exploratory discussions with British Telecom

PARIS,  26-11-2014 — /EuropaWire/ — Deutsche Telekom AG and Orange SA, the joint shareholders of EE Ltd, regularly analyse the development of the market in which EE operates, evaluating various strategic options which have the potential to create value for … Read the full press release

Bosch saved 395 million euros thanks to suggestions for improvement made by its associates

The company suggestions scheme turns 90 From a “suggestions book” to global ideas management Company founder Robert Bosch introduced the suggestions book in 1924 Two associates at Bosch foundry have received the highest possible cash reward of 150,000 euros Christoph … Read the full press release

Zurich 2014 SME survey: Most SMEs concerned about the risks of high competition and the associated impact of dumping on sales margins and weak consumer demand/overstocking

Zurich, 26-11-2014 — /EuropaWire/ — While SMEs globally are generally optimistic about the future, they remain concerned about the risks of high competition and the associated impact of dumping on sales margins, and weak consumer demand/overstocking. The Zurich 2014 SME survey … Read the full press release

Vodafone Greece completed the acquisition of 72.7% of the share capital of Hellas Online SA for EUR72.7m

BERKSHIRE, 25-11-2014 — /EuropaWire/ — Vodafone Group Plc today confirms that Vodafone Greece has completed the acquisition of 72.7% of the share capital of Hellas Online SA (“HOL”), a leading provider of broadband and fixed-line telephony in Greece, for a total … Read the full press release

T-Systems and Informatica Corporation partner to provide customers with comprehensive Cloud-based integration and data management service

Integration of business applications from the cloud Informatica provides more than one hundred connectors to business applications and cloud services out-of-the-box FRANKFURT, 25-11-2014 — /EuropaWire/ — T-Systems and Informatica Corporation (Nasdaq:INFA), the world’s number one independent provider of data integration … Read the full press release

The Astaldi Group wins new € 85 million road contract in Poland

Rome, 24-11-2014 — /EuropaWire/ — The Astaldi Group has won a new road contract in Poland, amounting to € 85 million. The works involve the enlarging and modernizing of 14 kilometres of NR-8 Breslava-Varsavia-Białystok, for the section between Mężenin and Jeżevo … Read the full press release

Volkswagen Group to invest EUR 85.6 billion in new models, innovative technologies and its global presence in its Automotive Division over the coming five years

• EUR 85.6 billion for new models, environmentally friendly technologies and production facilities in the coming five years • Capex ratio to remain at a competitive level of between six and seven percent • Over half of investments in property, … Read the full press release

EBRD to provide US$ 12million syndicated loan to Belarusky Narodny Bank for SME financing across Belarus

LONDON, 24-11-2014 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is providing a syndicated loan of up to US$ 12 million to privately owned Belarusky Narodny Bank (BNB-Bank). The proceeds will allow BNB-Bank, which concentrates its activity … Read the full press release

Cargotec: MacGregor signs contract with Shell for Pusnes permanent mooring system

HELSINKI, 24-11-2014 — /EuropaWire/ — MacGregor, part of Cargotec, has signed a contract with Shell for a Pusnes permanent mooring system. Contract value is around EUR 20 million. “We are very happy to finalise this large contract,” says Jan Martin … Read the full press release

Zetes awarded 3 year contract to provide its ZetesAres Direct Store Delivery (DSD) solution to Krispy Kreme UK

Brussels, 24-11-2014 — /EuropaWire/ — Zetes (Euronext Brussels: ZTS), has been awarded a 3 year contract to provide its ZetesAres Direct Store Delivery (DSD) solution to Krispy Kreme UK. Renowned for its speciality doughnuts, Krispy Kreme has opted for a SaaS solution … Read the full press release

Wood Group announces changes to its senior management team

ABERDEEN, 21-11-2014 — /EuropaWire/ — Wood Group announces the following changes to its senior management team. Alan Semple, chief financial officer (CFO) has advised the board that he intends to retire and step down from his current role and from … Read the full press release

Wood Group PSN signs new multi-million dollar, five-year contract extension from Hibernia Management and Development Company Ltd in Canada

ABERDEEN, 21-11-2014 — /EuropaWire/ — Wood Group PSN (WGPSN) will continue its provision of engineering, procurement and construction services to the Hibernia platform, offshore Newfoundland and Labrador, under a new multi-million dollar, five-year contract extension from Hibernia Management and Development … Read the full press release

ISS agreed to new major Integrated Facility Services strategic partnership with Vattenfall in Germany

Today (19-11-2014), ISS (ISS.CO, ISS DC), a leading global provider of facility services, agreed to a new major Integrated Facility Services strategic partnership with Vattenfall in Germany. Søborg, Denmark, 21-11-2014 — /EuropaWire/ — The new contract is the largest win ever … Read the full press release

Bayer CropScience takes major step forward in tackling the global problem of herbicide-resistant weeds with the opening of Weed Resistance Competence Center (WRCC) in Frankfurt

Major step forward in tackling the global problem of herbicide-resistant weeds Frankfurt / Main, 20-11-2014 — /EuropaWire/ — Herbicide-resistant weeds are a growing global problem. The official opening of Bayer CropScience’s Weed Resistance Competence Center (WRCC) in Frankfurt on 19 November … Read the full press release

University of Warwick-led study shows that markets of ethnically diverse traders are much less likely to suffer bubbles

Coventry, UK, 20-11-2014 — /EuropaWire/ — In diverse company, people think more deeply, make better decisions, study finds From The Great Depression through the dot-com boom of the 1990s to the recent financial crisis, stock market bubbles are a constant malaise. … Read the full press release

Vienna Insurance Group recorded very good business development in the first three quarters of 2014

Profit increases 36.4% to EUR 430.8 million Earnings per share grow by 65.5% to EUR 3.26 Premiums stable at around EUR 7.0 billion Combined ratio reduced to a very good 97.2% VIENNA, 20-11-2014 — /EuropaWire/ — Vienna Insurance Group recorded … Read the full press release

ELKO Group expanded its collaboration with Microsoft and now provide its clients with the new ESD system for Microsoft retail products

ELKO Group, one of the leading IT product wholesalers in the Eastern Europe and one of the largest companies in Latvia, has expanded its collaboration with Microsoft and now provide its clients with the new ESD (Electronic Software Delivery) system … Read the full press release

Bank Austria Wohnbaubank launched new WohnbauAnleihe bond for security-oriented investors

• “1.50%–3,50% Stufenzins-Wandelschuldverschreibung” (stepped-coupon convertible bond) VIENNA, 20-11-2014 — /EuropaWire/ — Bank Austria Wohnbaubank has launched a new WohnbauAnleihe bond for security-oriented investors: The term of the new “1.50%–3,50% Stufenzins-Wandelschuldverschreibung 2014–2026/8” is 12 years. The interest rate is fixed for … Read the full press release