Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Landis+Gyr and Brazilian electricity utility Light announced the largest smart grid project in South American history

R$ 750 million contract to improve the efficiency and reliability of Rio de Janeiro state grid Rio de Janeiro, Brazil, 13-10-2014 — /EuropaWire/ — Brazilian electricity utility Light today announced the formal agreement of the largest smart grid project in South … Read the full press release

Rio Tinto confirms no discussions taking place with Glencore

The board of Rio Tinto notes the recent press speculation regarding a possible combination of Rio Tinto and Glencore. The Rio Tinto board confirms that no discussions are taking place with Glencore. In July 2014, Glencore contacted Rio Tinto regarding … Read the full press release

Rio Tinto completes sale of Rio Tinto Coal Mozambique to International Coal Ventures Private Limited

LONDON, 10-10-2014 — /EuropaWire/ — Rio Tinto has completed the sale of Rio Tinto Coal Mozambique to International Coal Ventures Private Limited following the fulfilment of all conditions precedent and receipt of the necessary regulatory approvals. The sale, announced on … Read the full press release

TeliaSonera: Ice Communication Norge will acquire parts of Tele2’s mobile infrastructure

Tele2-owned Mobile Norway, which TeliaSonera is acquiring, has signed an agreement on leasing frequencies from Ice Communication Norge. As part of the agreement, Ice will acquire parts of Tele2’s mobile infrastructure. STOCKHOLM, 10-10-2014 — /EuropaWire/ — “This has a very positive … Read the full press release

TeliaSonera’s Interim report January-September 2014 to be announced on Friday October 17, 2014

STOCKHOLM, 10-10-2014 — /EuropaWire/ — TeliaSonera’s Interim report January-September 2014, will be announced on Friday October 17, 2014 at around 7:00 (CET) and a presentation will be available at www.teliasonera.com before the press and analyst conference. Friday October 17, 2014 Press … Read the full press release

TeliaSonera acquires corporate supplier of cloud and hosting services in Sweden Ipeer AB from Applewise AB

TeliaSonera has today signed an agreement on the acquisition of Ipeer AB, a leading corporate supplier of cloud and hosting services in Sweden, from Applewise AB. As a result of the transaction, TeliaSonera supplements its product portfolio of network and … Read the full press release

BT and Huawei announced field trial speeds of up to 3Tbps, equivalent to transmitting around 100 HD films in a single second

Speed achieved over a fully-managed core Flexgrid optical network Record spectral efficiency of 5.97bit/s/Hz Equivalent to transmitting around 100 HD movies per second LONDON, 10-10-2014 — /EuropaWire/ — BT and Huawei today announced field trial speeds of up to three … Read the full press release

BT announces new wave of innovative products and services designed for large enterprises and public sector organisations

Expanded reach, enhanced performance in the cloud and new services to address the opportunities of the future LONDON, 10-10-2014 — /EuropaWire/ — BT today announced a new wave of innovative products and services designed to encourage large organisations to use … Read the full press release

Berlinale’s European Film Market platform to provide creators and producers of television series with opportunity to present, sell and buy new high-profile television content

BERLIN, 9-10-2014 — /EuropaWire/ — As of February 2015, Berlinale’s industry platform – theEuropean Film Market (EFM) with its Berlinale Co-Production Market division – will provide creators and producers of television series with the opportunity to present, sell and buy … Read the full press release

Neste Oil selects Neste Jacobs as the EPCM contractor to design and implement the new biopropane production process at its Rotterdam refinery

Neste Jacobs to implement Neste Oil’s investment in biopropane production in the Netherlands Espoo, Finland, 9-10-2014 — /EuropaWire/ — Technology, engineering and project management company Neste Jacobs has been chosen as the EPCM contractor to design and implement the new biopropane … Read the full press release

Neste Oil to realign its long-term R&D and switch its emphasis to other areas of technology for using forestry and agricultural waste

Espoo, Finland, 9-10-2014 — /EuropaWire/ — Neste Oil is to realign its long-term R&D and switch its emphasis from microbial oil research to other areas of technology for using forestry and agricultural waste. This type of waste will continue to play … Read the full press release

Urs Rohner to join GlaxoSmithKline’s Board as Non-Executive Director from 1 January 2015

LONDON, 9-10-2014 — /EuropaWire/ — GlaxoSmithKline plc (LSE: GSK) today announced the appointment of Mr Urs Rohner to its Board as a Non-Executive Director, effective 1 January 2015. On appointment, Mr Rohner will also become a member of GSK’s Remuneration … Read the full press release

Bertelsmann increases its ownership in Gruner + Jahr to 100 percent by acquiring Jahr Holding’s 25.1 percent shareholding

Acquisition of all shares from Jahr Holding Strategic milestone in strengthening the content businesses Ongoing transformation of Gruner + Jahr to continue Commitment to journalism and the value of creative content in the digital age Gütersloh/Hamburg, 9-10-2014 — /EuropaWire/ — … Read the full press release

Audi’s sales in Chinese market increased by 16 percent to 415,704 cars in the first nine months of this year

Unit sales of 415,704 cars from January through September More than 51,000 automobiles sold in September Audi Head of Sales Luca de Meo: “This confirms our position as the market leader in the premium segment in China” Ingolstadt/Changchun, 9-10-2014 — … Read the full press release

Smart-Holding announces the appointment of Sergey Glazunov as its Chief Investment Officer

Kiev, 9-10-2014 — /EuropaWire/ — Smart-Holding has appointed Sergey Glazunov as its Chief Investment Officer. The scope of his main responsibilities will include issues related to the development and implementation of the investment strategy of the holding company, which includes the … Read the full press release

Saint-Gobain provides the first level of the Eiffel Tower in Paris with anti-skid glass floor tiles

PARIS, 8-10-2014 — /EuropaWire/ — Saint-Gobain has provided the first level of the Eiffel Tower in Paris with a floor made of anti-skid glass tiles. Located 57 meters above the ground, this space offers visitors a double attraction: a fabulous view … Read the full press release

AREVA and Schneider Electric to develop flow battery technology to produce and store electricity by combining hydrobromic acid and hydrogen

PARIS, 8-10-2014 — /EuropaWire/ — AREVA and Schneider Electric have signed an R&D agreement to develop a new energy storage solution, called the flow battery in order to produce and store electricity by combining hydrobromic acid and hydrogen. Funded by the European … Read the full press release

Borealis partners with Neste Oil and Veolia to modernise and operate the power plant in Kilpilahti petrochemical cluster in Finland

VIENNA, 8-10-2014 — /EuropaWire/ — Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, has announced its intention to partner with Neste Oil and Veolia in a joint venture to modernise and operate … Read the full press release

Spirit Airlines selects Messier-Bugatti-Dowty (Safran) wheels, brakes and MRO services for its fleet of Airbus single aisle aircraft

MRO Europe, Madrid, October 7th, 2014 PARIS, 8-10-2014 — /EuropaWire/ — American ultra low-cost carrier Spirit Airlines, one of the fastest growing airlines in the industry, has chosen Messier-Bugatti-Dowty (Safran) wheels, brakes and MRO (maintenance, repair and overhaul) services for … Read the full press release

Aircelle inaugurates new building for its Aircelle Europe Services business at Pont-Audemer in Normandy France

Pont-Audemer, France, 7-10-2014 — /EuropaWire/ — Aircelle (Safran) inaugurated a new building today for its Aircelle Europe Services business at Pont-Audemer in the Normandy region of France, doubling the operation’s capacity to perform maintenance, repair and overhaul (MRO) on jet engine nacelle … Read the full press release