Category Archives: Business

Business Press Releases & News distributed via EuropaWire

pbb Deutsche Pfandbriefbank to provide €21m medium-term acquisition facility to CBRE European Shopping Centre Fund for its acquisition of “Galeria Mazovia” in Plock, Poland

Munich/Warsaw/London,  4-7-2014 — /EuropaWire/ — pbb Deutsche Pfandbriefbank has agreed a € 21 million medium-term acquisition facility for the CBRE European Shopping Centre Fund managed and advised by CBRE Global Investors for its acquisition of the shopping centre “Galeria Mazovia” in … Read the full press release

pbb Deutsche Pfandbriefbank and UniCredit Bank Austria AG to provide € 215 million senior facility to refinance Point Park Properties´existing logistics portfolio

Munich/Vienna/Prague/London, 4-7-2014 — /EuropaWire/ — pbb Deutsche Pfandbriefbank and UniCredit Bank Austria AG have jointly underwritten a € 215 million senior facility to refinance Point Park Properties´ (P3’s) existing logistics portfolio in the Czech Republic, Slovakia and Poland. The transaction closed … Read the full press release

BMT Defence Services Ltd appoints Catriona Savage as Technical Director

Teddington, UK, 4-7-2014 — /EuropaWire/ — BMT Defence Services Ltd, a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, has appointed Catriona Savage as Technical Director. Previously Head of Naval Architecture, Catriona joined BMT Defence … Read the full press release

Banque Internationale à Luxembourg (BIL) now accepts submissions for the 8th ‘Woman Business Manager of the Year Award’

Luxembourg, 4-7-2014 — /EuropaWire/ — The 2014 ‘Woman Business Manager of the Year Award’ is an opportunity for Banque Internationale à Luxembourg (BIL) to once again highlight examples of female talent. Applications must be submitted by email by Wednesday 15 October 2014. … Read the full press release

NORMA Group presents its 2014 “Global Supplier Recognition Award” to EMS Chemie Holding AG for outstanding performance

Maintal, Germany, 4-7-2014 — /EuropaWire/ — NORMA Group, a global market leader for engineered joining technology, bestows its first ever “Global Supplier Recognition Award” on selected suppliers. In 2014, the award for outstanding performance and results goes to EMS Chemie Holding … Read the full press release

Schindler to make further CHF 40 million impairment to the book value of its Hyundai Elevator participation in view of Hyundai Elevator share price weakness

Ebikon, Switzerland, 4-7-2014 — /EuropaWire/ — The price of the shares of Hyundai Elevator Co. Ltd., South Korea (Hyundai Elevator) suffered further declines in June and has reached new lows in the past few days, despite the positive trends the company reported in … Read the full press release

Eurex Group recorded an average daily volume of 8.0 million contracts in June

Eschborn, Germany, 4-7-2014 — /EuropaWire/ — In June, the international derivatives exchanges of Eurex Group recorded an average daily volume of 8.0 million contracts (June 2013: 10.1 million). Of those, 6.0 million were Eurex Exchange contracts (June 2013: 8.1 million), and 2.0 … Read the full press release

Halifax introduced new savings rates across its range of its ISA accounts

SCOTLAND, 4-7-2014 — /EuropaWire/ — In line with the launch of the ‘NISA’ Halifax has today introduced new savings rates across its range of its ISA accounts. The new rates on the Halifax ISA Saver Fixed, ISA Saver Variable and ISA Saver Online … Read the full press release

EY report: Global mining sector to require complete business transformations to reverse decade-long decline in productivity

The decade-long decline in productivity in the global mining sector will require complete business transformations to reverse, according to a new EY report. Sydney, 4-7-2014 — /EuropaWire/ — Commenting on the release today of Productivity in mining: A case for broad transformation, EY … Read the full press release

Wearable banking: CaixaBank launched Visa wristband allowing users to make easy payments at merchants using the contactless system

The bank plans to distribute the gadget to 15,000 customers this summer This is the largest programme in Europe to use wearable devices to make real Visa payments. The wristband supports fast and convenient payments, with users simply having to … Read the full press release

HSBC’s savings map of Britain: average savings increased 15 per cent over the past year

Popularity of alternatives to deposit savings increasing LONDON, 3-7-2014 — /EuropaWire/ — Britain’s savings have increased over the past year, with the average savings pot rising to £20,844, up 15 per cent from £17,664 in 2013, according HSBC’s savings map of … Read the full press release

DanTysk offshore wind farm project reached the halfway stage: 40 out of the total of 80 wind turbines erected

Sylt, Germany, 3-7-2014 — /EuropaWire/ — The DanTysk offshore wind farm project has reached the halfway stage: 40 out of the total of 80 wind turbines that Vattenfall and Stadtwerke München (SWM) are erecting 70 km west of the island of Sylt are … Read the full press release

Hempel to participate in ONS exhibition in Stavanger, Norway, 25-28 August 2014

Lyngby, Denmark, 3-7-2014 — /EuropaWire/ — Hempel will participate in ONS exhibition which has established itself over 40 years as one of the world’s major meeting places for players in the oil and energy industry. The exhibition is taking place in Stavanger, … Read the full press release

Inmarsat and ORBIT entered into Memorandum of Arrangement regarding the manufacture of aviation terminals for Global Xpress serving the government market

LONDON, 3-7-2014 — /EuropaWire/ — Inmarsat, the leading provider of global mobile satellite communications services and ORBIT, a leading provider of satellite communication, Earth observation, tracking & telemetry and communication management systems, have entered into a Memorandum of Arrangement (MOA) regarding the … Read the full press release

Inmarsat selects SpaceX to provide launch services for its S-band satellite and up to two further Inmarsat missions

LONDON, 3-7-2014 — /EuropaWire/ — Inmarsat plc (LSE: ISAT.L), the leading provider of global mobile satellite services, today announced that it has selected SpaceX to provide launch services for its S-band satellite and up to two further Inmarsat missions. Under the … Read the full press release

Nokia Networks bought broad solution for advanced geolocation capabilities from NICE Systems to enhance the planning and optimization of mobile networks

Espoo, Finland, 3-7-2014 — /EuropaWire/ — Nokia Networks announced today that it has bought a broad solution for advanced geolocation* capabilities from NICE Systems (NASDAQ: NICE) to enhance the planning and optimization of mobile networks.  Nokia Networks gains access to tools, technical … Read the full press release

Nokia Networks to acquire premier self-performing provider of infrastructure and network deployment solutions SAC Wireless

Espoo, Finland and Irving, Texas, 3-7-2014 — /EuropaWire/ — Nokia Networks today announced it has entered into an agreement to acquire SAC Wireless, a premier self-performing provider of infrastructure and network deployment solutions. Based in Schaumburg, Illinois, SAC Wireless has a national … Read the full press release

Transocean: District Court in Oslo Norway acquitted all defendants of all charges relating to criminal charges against three of the Company’s subsidiaries

Zug, Switzerland, 3-7-2014 — /EuropaWire/ — Transocean Ltd. (NYSE: RIG) (SIX: RIGN) (the “Company”) announced that the District Court in Oslo, Norway today ruled in a criminal case relating to criminal charges issued by Norwegian authorities against three of the Company’s subsidiaries … Read the full press release

Inmarsat’s first Inmarsat-5 Global Xpress (GX) satellite achieved commercial service introduction beginning with US Government customers

London, UK, 2-7-2014 — /EuropaWire/ — With the successful completion of extensive satellite and end-user tests, Inmarsat is pleased to announce that its first Inmarsat-5 Global Xpress (GX) satellite has achieved commercial service introduction (CSI), beginning with United States (US) Government customers … Read the full press release