Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Alcatel-Lucent to supply end-to-end triple-play solution to Bolt Fiber Optic Services for delivering 1 Gbps broadband connectivity in rural northeastern Oklahoma

Alcatel-Lucent ultra-broadband technology and integration expertise enables Bolt Fiber Optic Services to bring high-speed Internet access and IPTV to rural areas of the United States Paris, 29-5-2014 — /EuropaWire/ — Bolt Fiber Optic Services, the fiber-to-the-home subsidiary of Northeast Oklahoma Electric Cooperative … Read the full press release

NORMA Group received large orders for the 2nd generation of its NORMAFLEX fluid pipes from European auto manufacturers

Maintal, Germany, 29-5-2014 — /EuropaWire/ — NORMA Group, a global market and technology leader for engineered joining technology, has obtained large orders for the second-generation of NORMAFLEX fluid pipes from European manufacturers of passenger cars and commercial vehicles. NORMA Group will … Read the full press release

Inmarsat plc sold US$1,000,000,000 of 4.875% Senior Notes due 2022 through its wholly-owned subsidiary Inmarsat Finance plc

London, UK, 28-5-2014 — /EuropaWire/ — Inmarsat plc announces the completion of an offering of debt securities through Inmarsat Finance plc, a wholly-owned subsidiary company. Inmarsat sold US$1,000,000,000 of 4.875% Senior Notes due 2022. The offering was completed at a price of … Read the full press release

Sika strengthens position in the Swiss interior finishing sector with the acquisition of Swiss adhesives manufacturer Klebag Chemie AG

Baar, Switzerland, 28-5-2014 — /EuropaWire/ — Sika is acquiring the business of Klebag Chemie AG, a manufacturer of adhesives for the sealing, bonding and flooring markets. The takeover strengthens Sika’s position in the Swiss interior finishing sector. Last financial year, Klebag generated … Read the full press release

EY’s annual European Attractiveness Survey: Foreign direct investment (FDI) into Europe reached all-time high last year

London/Paris, 28-5-2014 — /EuropaWire/ — Foreign direct investment (FDI) into Europe reached an all-time high last year, according to EY’s annual European Attractiveness Survey. The report, now in its 12th year, combines an analysis of international investment into Europe over the last year with a … Read the full press release

Natixis to provide long-term project financing for the design, construction, and operation of the Gemini offshore wind project in the Netherlands

PARIS, 28-5-2014 — /EuropaWire/ — Natixis will provide long-term project financing for the design, construction, and operation of the Gemini offshore wind project in the Netherlands, the largest ever project financed transaction to close in the offshore wind sector. Project Gemini … Read the full press release

Nokia launched dedicated Security unit for security processes, partnerships and guidance for product development

Opens Security unit as central office for security processes, partnerships and guidance for product development Espoo, Finland, 28-5-2014 — /EuropaWire/ — Nokia today announced the launch of a dedicated Security unit to ensure new products have security baked in, enhance the … Read the full press release

CACEIS to provide depository services for real estate and other physical assets in Sal. Oppenheim’s open- and closed-ended funds in Germany

PARIS, 27-5-2014 — /EuropaWire/ — CACEIS provides depository services for real estate and other physical assets in Sal. Oppenheim’s open- and closed-ended funds in Germany. Sal. Oppenheim and CACEIS are working closely together to ensure all concerned funds will be migrated … Read the full press release

GRAHAM Facilities Management awarded £2 million worth 3-year contract by George Best Belfast City Airport

Belfast, United Kingdom, 27-5-2014 — /EuropaWire/ — George Best Belfast City Airport has awarded GRAHAM Facilities Management a £2 million contract which will last for three years. The contract will see a team of 22 GRAHAM staff provide a mix of services … Read the full press release

Total and Lukoil to explore and develop the tight oil potential of the Bazhenov play in Western Siberia

Paris, 27-5-2014 — /EuropaWire/ — Total signed today an agreement with Lukoil creating a joint venture (JV) to explore and develop the tight oil potential of the Bazhenov play in Western Siberia. Total will hold 49% of the JV and Lukoil … Read the full press release

E.ON honored with “European Cleantech Corporation of the Year” award at the 10th European Cleantech Forum in Stockholm

Düsseldorf, Germany, 27-5-2014 — /EuropaWire/ — E.ON received the “European Cleantech Corporation of the Year” award yesterday at the 10th European Cleantech Forum in Stockholm (Sweden), organized by Cleantech Group, developer of the i3 market intelligence platform. Every year, one company … Read the full press release

Rolls-Royce installs innovative Promas Lite propulsion system on Star Cruises’ largest Asian fleet cruise ship SuperStar Virgo

London, UK, 27-5-2014 — /EuropaWire/ — Rolls-Royce has installed the innovative Promas Lite propulsion system on SuperStar Virgo, the first vessel in South East Asia to be equipped with this efficient and fuel saving system. Promas Lite is an integrated propeller and rudder system … Read the full press release

Airbus delivers Asiana Airlines’ first A380

11th operator of world’s largest and most efficient aircraft Blagnac, 27-5-2014 — /EuropaWire/ — South Korea’s Asiana Airlines has taken delivery of its first Airbus A380, becoming the eleventh operator of the type in the world. The A380 was handed over to … Read the full press release

Airbus Defence and Space in Mexico: four times in a row Number 1 company to work for with less than 500 employees

Annual ranking of CNN Expansion Magazine and the consulting “TOP Companies” for companies with fewer than 500 employees. Mexico D.F., 27-5-2014 — /EuropaWire/ — Airbus Defence and Space in Mexico has been recognized for the fourth consecutive time in the “Top Companies” … Read the full press release

Orange to provide 4G for Roland Garros for 3 more years

PARIS, 27-5-2014 — /EuropaWire/ — Orange is an official supplier to Roland Garros for the 10th year in a row, and will be making the very best of 4G technology available for tennis fans during the event, which is scheduled to run … Read the full press release

Vodafone commissioned report: European consumers to be affected by mobile market competition unless operators can access fibre backhaul at reasonable prices

Newbury, England, 26-5-2014 — /EuropaWire/ — European consumers will be affected by a deterioration of competition in the mobile market over the next three to five years unless mobile operators can access fibre backhaul owned by incumbent operators at reasonable prices, a new … Read the full press release

Aviva UK enhances its equity release lifetime mortgages to provide customers with flexible features

LONDON, 26-5-2014 — /EuropaWire/ — Aviva has gone live with enhancements to its equity release lifetime mortgages to provide customers with flexible features that allow them to repay or reduce their loans, free of early repayment charges. The enhancements reflect the … Read the full press release

Enel SpA appointed Francesco Starace to serve as Chief Executive Officer and General Manager of the Company

Rome, 26-5-2014 — /EuropaWire/ — The Board of Directors of Enel SpA, elected by the Shareholders’ Meeting on May 22nd, met today for the first time in Rome under the chairmanship of Patrizia Grieco. The Board appointed Francesco Starace to serve … Read the full press release

Enel Ordinary and Extraordinary Shareholders’ Meeting approved 2013 financial statements and appointed new board of directors

Financial statements as of December 31st, 2013 approved; dividend of 0.13 euro per share resolved New Board of Directors appointed for 2014-2016 term Rome, 26-5-2014 — /EuropaWire/ — The Ordinary and Extraordinary Shareholders’ Meeting of Enel S.p.A. met today in Rome under … Read the full press release

GDF SUEZ strengthens its balance sheet with second €2 billion hybrid bond issue

PARIS, 26-5-2014 — /EuropaWire/ — GDF SUEZ today issued a second hybrid bond issue following its hybrid issue of July 2013, for an amount of €2 billion, taking advantage of exceptional market conditions for this type of financing. The Group was … Read the full press release