Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Orange Business Services and Weinmann introduced connected medical device solution aimed at sleep apnea patients

Solution improves health care services for sleep apnea patients, satisfies new compliance requirements, and enables assessment of patients’ conditions and disorder treatment at home Paris and Hamburg, 05-9-2013 — /EuropaWire/ — In close cooperation, Orange Business Services and Weinmann, a global manufacturer of therapeutic system solutions … Read the full press release

Orange Business Services completes the acquisition of consulting firm InovenAltenor

Orange Business Services has just completed the acquisition of consulting firm InovenAltenor. The acquisition confirms Orange Business Services’ ambitions in supporting companies in the strategic domain of digital transformation and the positioning of Orange Consulting, its consulting arm that specializes … Read the full press release

EU at G20 Summit: restore global confidence, sustainable and inclusive global growth, countering protectionism and fight against tax avoidance worldwide

04-9-2013 — /EuropaWire/ — Improving confidence in the global economy, making decisive progress on the way to sustainable and inclusive global growth, countering protectionism and stepping up the fight against tax avoidance and evasion worldwide: these should be amongst the main results … Read the full press release

Rosneft President Igor Sechin met Pirelli Chairman Marco Tronchetti Provera over discussion about Pirelli retail outlets at Rosneft’s chain of filling stations

04-9-2013 — /EuropaWire/ — On September 3, Rosneft President and Chairman of the Management Board Igor Sechin held a working meeting with Pirelli Chairman and Managing Director Marco Tronchetti Provera. As part of the meeting the parties discussed the protocol of understanding … Read the full press release

Rolls-Royce confirmed it sold its 50% shareholding in RTM322 helicopter engine programme to Safran’s Turbomeca

04-9-2013 — /EuropaWire/ — Rolls-Royce today confirms that it has completed the sale of its 50 per cent shareholding and interest in the RTM322 helicopter engine programme to Turbomeca (a Safran company), for which it has received a cash consideration of €293 million. … Read the full press release

Rosneft President Igor Sechin held working meeting with Armenian Nairit Plant Top Management

04-9-2013 — /EuropaWire/ — On September 3, 2013, Rosneft President and Chairman of the Management Board Igor Sechin held a working meeting with Director General of Nairit Plant Ovanes Akhinyan and Deputy Director General for Reconstruction and Development Karen Mirzoyan. The meeting … Read the full press release

Bosch Packaging Technology announced it completed Tecsor Machines et Systèmes S.A.S. acquisition

Entry into PET blow-molding technology Anti-trust authorities grant approval Strategically complements acquisition of Ampack GmbH in 2012 Addition to portfolio of product division Liquid Food Meyreuil / Waiblingen, 04-9-2013 — /EuropaWire/ — Bosch Packaging Technology, a leading supplier of process and packaging … Read the full press release

The European Commission adopted communication on shadow banking and proposed new rules for money market funds (MMFs)

04-9-2013 — /EuropaWire/ — The Commission has today adopted a communication on shadow banking and proposed new rules for money market funds (MMFs). The communication is a follow-up to last year’s Green Paper on Shadow Banking (IP/12/253). It summarises the work undertaken so far by … Read the full press release

HSBC introduced unbeatable mortgage rates on the High Street at 90% LTV to First-Time Buyers

04-9-2013 — /EuropaWire/ — Bank pledges to offer unbeatable rates on High Street to FTBs On Monday 2nd September HSBC will launch ‘First for First-Time Buyers’, offering unbeatable mortgage rates on the High Street at 90% LTV.1 The ‘Best High Street Mortgage Provider’2 pledges … Read the full press release

Rolls-Royce signed $13.7M contract to replace plant process computers at Luminant’s Comanche Peak Nuclear Power Plant near Glen Rose, Texas

Dallas, TX, 04-9-2013 — /EuropaWire/ — Rolls-Royce has won a $13.7 million contract to replace the plant process computers (PPC) for the two generating units at Luminant’s Comanche Peak Nuclear Power Plant located near Glen Rose, Texas. Comanche Peak has two pressurized water reactors … Read the full press release

Rosneft top managers increased their shareholdings in the Company’s charter capital

04-9-2013 — /EuropaWire/ — Rosneft top managers increased their interests in the Company’s charter capital. Considerable shareholdings in the Company’s charter capital were acquired by Rosneft Vice Presidents Eric Maurice Liron, Zeljko Runje and Igor Maydannik: Eric Maurice Liron, First Vice President … Read the full press release

Online and telephone bank First Direct reduces rates on its Offset and Repayment mortgages and focuses on fee free mortgages

04-9-2013 — /EuropaWire/ — On Friday 23 August first direct, winner of Moneywise Most Trusted Mortgage Provider, reduced the rates on eleven of its Offset and Repayment mortgages by up to 0.2% to provide even better value to customers.  Borrowers with 25-35% deposit or equity are … Read the full press release

Rolls-Royce announced the 4,500 tonne Syncrolift shiplift installed in New Song Thu shipyard Vietnam now open for business

04-9-2013 — /EuropaWire/ — Rolls-Royce announced today that the largest capacity Syncrolift® shiplift to be built in Vietnam is now officially open for service. The Syncrolift has been installed as a key element of a major new shipbuilding and ship repair development at … Read the full press release

Orange appointed Arnaud Castille Executive VP for Mergers and Acquisitions

Arnaud Castille joined Orange as Executive Vice President for Mergers and Acquisitions on 26 August 2013. Paris, 03-9-2013 — /EuropaWire/ — He replaced Vincent Benoît, who has left the Group. Arnaud previously served as a Director in the M&A Department at the … Read the full press release

Barclays PLC announced Bob Hoyt appointment as Group General Counsel

03-9-2013 — /EuropaWire/ —  Barclays PLC has announced the appointment of Bob Hoyt as Group General Counsel. He will succeed Mark Harding in this role, whose intention to retire was announced in February 2013. Mr Hoyt is expected to take up … Read the full press release

RWE Innogy received permits by German Federal Maritime and Hydrographic Agency for 108 additional wind turbines for the Innogy Nordsee offshore wind farm 2 and 3

Construction of 108 additional wind turbines approved Permit for Germany’s largest offshore wind farm cluster (approx. 1,000 MW) Important contribution to enhancing value of project portfolio 03-9-2013 — /EuropaWire/ — RWE Innogy yesterday received the permits for the Innogy Nordsee offshore wind … Read the full press release

England’s 1966 World Cup goalkeeper star Gordon Banks joins Barclays’s campaign to help nation’s older generation discover Internet

England’s 1966 World Cup goalkeeper star back in the net to get older people online Barclays research finds older people could net savings of £742 a year by getting online “Bank and Banks” create 3,500 “Digital Eagles” to mentor those … Read the full press release

EU-funded project PETROBOT develops robots to replace humans in inspections of pressure vessels and storage tanks widely used in the oil, gas and petrochemical industry

03-9-2013 — /EuropaWire/ — The European Commission, together with a consortium of ten European companies led by Shell, launches today the PETROBOT project, which will develop robots which can replace humans in inspections of pressure vessels and storage tanks widely used in … Read the full press release

The European Commission clears Austrian authorities plan to orderly wind down the Austrian bank Hypo Group Alpe Adria (HGAA)

03-9-2013 — /EuropaWire/ — The European Commission has approved a plan to orderly wind down the Austrian bank Hypo Group Alpe Adria (HGAA). The Commission found that the plan presented by the Austrian authorities is compatible with EU state aid rules. Together … Read the full press release

RWE Innogy, Stadtwerke München, Siemens joint venture project Gwynt y Môr Offshore Wind Farm begins generating electricity

Gwynt y Môr begins generating electricity Joint venture project of RWE Innogy, Stadtwerke München and Siemens making good progress Complete commissioning planned for 2014 Gwynt y Môr Offshore Wind Farm has officially generated and exported its first electricity, on track … Read the full press release