Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Rory Cullinan to lead RBS’s newly created Capital Resolution Group (CRG)

Edinburgh, Scotland, 23-12-2013 — /EuropaWire/ — RBS has today announced the appointment of Rory Cullinan, currently Chief Executive of the bank’s Non-Core Division, to lead the newly created Capital Resolution Group (CRG). The CRG, which is effective from 1 January 2014, … Read the full press release

Dominique Bourrinet appointed Group General Counsel at Societe Generale

Paris, France, 23-12-2013 — /EuropaWire/ — Societe Generale announces the appointment of Dominique Bourrinet as Group General Counsel with effect from January 1st2014. Dominique Bourrinet, who was Group Deputy General Counsel since October 1st after working as General Counsel for Corporate and Investment … Read the full press release

BASF subsidiary Wintershall to expand its oil and gas production and exit gas trading and storage business in swap assets deal with Gazprom

BASF subsidiary Wintershallto increaseoil and gas production and exit gas trading and storage business  Completion of the transaction expected mid-2014  Ludwigshafen, Germany / Moscow, Russia, 23-12-2013 — /EuropaWire/ — Today in Moscow, BASF and Gazprom signed the final agreement to swap … Read the full press release

BASF and Renmatix to jointly scale up the Renmatix Plantrose process for the production of industrial sugars based on lignocellulosic biomass

Renmatix’s patented Plantrose TM technology enables production of industrial sugars from non-edible, woody biomass Industrial sugars are important bio-based precursors for a variety of chemicals based on renewable feedstocks Ludwigshafen, Germany / Philadelphia, PA, US, 20-12-2013 — /EuropaWire/ — BASF, Ludwigshafen, Germany, and American … Read the full press release

John Deere and BASF to jointly develop suite of integrated precision farming and farm management solutions for improved execution in the field

Mannheim and Limburgerhof, Germany, 20-12-2013 — /EuropaWire/ — John Deere and BASF today announced plans to jointly develop a suite of integrated precision farming and farm management solutions for improved execution in the field. These tools, developed together with growers, will provide enhanced … Read the full press release

ArcelorMittal announced its financial calendar for 2014

Luxembourg, 20-12-2013 — /EuropaWire/ — ArcelorMittal today announces its financial calendar for 2014. Earnings results announcements: 7 February 2014 Earnings Release Q4 2013 + FY 2013 9 May 2014 Earnings Release Q1 2014 1 August 2014 Earnings Release Q2 2014 7 November … Read the full press release

Aviva announced it will invest £500 million in UK infrastructure projects

London, UK, 19-12-2013 — /EuropaWire/ — Aviva announces that it is making an immediate allocation of £500 million to invest in UK infrastructure projects. This commitment is a direct result of the recent agreement on Solvency II, the European wide insurance regulation, … Read the full press release

Enel Green Power begins construction works on the new Dominica I wind farm in Mexico

Once constructed, the Dominica I plant, with an installed capacity of 100 MW, will be able to generate up to 260 GWh per year A total investment of approx. 196 million US dollars is expected to construct the plant Rome, … Read the full press release

Klaus Moosmayer named Siemens AG Chief Compliance Officer

Munich, Germany, 19-12-2013 — /EuropaWire/ — Klaus Moosmayer has been named to head Siemens’ entire compliance organization as Chief Compliance Officer, effective January 1, 2014. Since 2007, Moosmayer has played a key role in building up Siemens’ new, globally recognized compliance system. … Read the full press release

Pioneer Investment selected CACEIS for depositary and fund administration services for the launch of its first French law fund the Neuflize High Yield International 2018

Paris, France, 19-12-2013 — /EuropaWire/ — CACEIS is Pioneer Investment’s asset servicing provider of choice for the launch of its first French law fund, the Neuflize High Yield International 2018, managed as part of an exclusive partnership with Banque Neuflize OBC. CACEIS … Read the full press release

CACEIS to provide depositary services for German investment manager Buss Capital GmbH & Co. KG

Paris, France, 18-12-2013 — /EuropaWire/ — German investment manager, Buss Capital GmbH & Co. KG, has selected CACEIS to provide depositary services for its funds managed under the new KAGB regime. Based in Hamburg, Buss Capital is the market leader for … Read the full press release

Hong Kong Exchanges and Clearing Limited (HKEx) and London Metal Exchange (LME) announced the Board of LME’s self-clearing platform currently in development

London, UK, 18-12-2013 — /EuropaWire/ — Hong Kong Exchanges and Clearing Limited (HKEx) and the London Metal Exchange (LME) are pleased to announce the formation of the Board of LME Clear, the LME’s self-clearing platform currently in development. LME Clear is on … Read the full press release

Deutsche Bank AG took part in European Banking Authority’s EU-wide Transparency Exercise 2013

Frankfurt am Main, Germany, 17-12-2013 — /EuropaWire/ — Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) notes the announcements made today by the European Banking Authority (EBA), the German Federal Financial Supervisory Authority (BaFin) and Deutsche Bundesbank regarding the information of the EU-wide Transparency … Read the full press release

Repsol ha celebrado durante tres días su Congreso Técnico de Exploración y Producción en su sede corporativa de Madrid

El Congreso Internacional Técnico de Exploración y Producción ha contado con la participación de más de 600 expertos de Repsol, procedentes de más de 30 países. Este congreso, llevado a cabo en el Campus Repsol, ha permitido al equipo de … Read the full press release

Mercedes-Benz’s all-new C-Class sets new standards in the premium mid-range class

Stuttgart, Germany, 17-12-2013 — /EuropaWire/ — The all-new C-Class heralds a new chapter in the Mercedes-Benz success story and sets new standards in the premium mid‑range class. Thanks to an intelligent lightweight design concept boasting weight savings of up to 100 … Read the full press release

Mercedes-Benz announced it expects to significantly outperform the production records from the previous 3 years

Production program of more than 1.49 million vehicles Plants running at high capacity utilization also in 2013, special shifts year-round Andreas Renschler: “With this production record, Mercedes-Benz is setting yet another benchmark. This attests to the good customer response to … Read the full press release

UN Office for Disaster Risk Reduction Head Margareta Wahlström and AXA CEO Henri de Castries signed UNISDR Private Sector Commitment for Disaster Risk Reduction

A partnership which commits the private sector to Disaster Risk Reduction (DRR) 52 signatories from various sectors Paris, France, 17-12-2013 — /EuropaWire/ — In the presence of Ms. Margareta Wahlström, United Nations Secretary General’s Special Representative for Disaster Risk Reduction and Head … Read the full press release

Volkswagen Autohäuser in Deutschland werden deutlich umweltfreundlicher

„Think Blue.“-Strategie senkt CO2-Ausstoß im deutschen Handel um 25 Prozent Beratende Begleitung durch Naturschutzbund Deutschland e.V. (NABU) Einzigartiges Zertifikat „Future Climate® inspired by Think Blue.“ für besonders nachhaltige Partnerbetriebe Wolfsburg, Deutschland, 17-12-2013 — /EuropaWire/ — Die Marke Volkswagen Pkw verankert ihre „Think … Read the full press release

Volkswagen Group announced its worldwide deliveries grew 4.7 percent in January – November 2013 YoY

 4.7 percent* increase from January to November 828,600 vehicles delivered in November / +4.3 percent* Group Board Member for Sales Christian Klingler: “Deliveries in November  developed well. Challenges remain.” Wolfsburg, Germany, 17-12-2013 — /EuropaWire/ — Worldwide deliveries by the Volkswagen Group grew … Read the full press release

Fortum agreed to sell its electricity distribution business in Finland to Suomi Power Networks Oy for EUR 2.55 billion

Helsinki, Finland, 13-12-2013 — /EuropaWire/ — Fortum has agreed to sell its electricity distribution business in Finland to Suomi Power Networks Oy, which is owned by a consortium of Finnish pension funds Keva (12.5%) and LocalTapiola Pension (7.5%) together with international … Read the full press release