Category Archives: Business

Business Press Releases & News distributed via EuropaWire

The London Metal Exchange (LME) and Hong Kong Exchanges and Clearing Limited (HKEx) appoint Garry Jones as Chief Executive of the LME to succeed Martin Abbott

Posted on 27, August 2013 by

27-8-2013 — /EuropaWire/ — Hong Kong Exchanges and Clearing Limited (HKEx) and The London Metal Exchange (LME), part of the HKEx Group, are pleased to announce the appointment of Garry Jones as the Chief Executive of the LME to succeed Martin Abbott, … Read the full press release →

Posted in Business, Commodities, Financial, Investment, Management, United Kingdom

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EBRD approved its 2013-2016 strategy for Mongolia looking to increase investments in non-natural resource sectors

Posted on 27, August 2013 by

The Bank will focus on sustainable mining but also support development of infrastructure, financial institutions and SMEs. 27-8-2013 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), having approved its 2013-2016 strategy for operations in Mongolia, is aiming to diversify … Read the full press release →

Posted in Banks, Business, European Union, Financial, Infrastructure & Utilities, Investment, Transportation & Logistics

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Günther Oettinger, Victor Ponta, Iurie Leancă jointly inaugurated the launch of Romanian-Moldavian gas pipeline works

Posted on 27, August 2013 by

27-8-2013 — /EuropaWire/ — Commissioner for Energy Günther Oettinger, Prime-Minister of Romania Victor Ponta and the Prime-Minister of the Republic of Moldova Iurie Leancă, will today jointly inaugurate the launch of the works for the realisation of the gas interconnector between Ungheni … Read the full press release →

Posted in Business, Energy, Gas & Oil, European Union, Government, Infrastructure & Utilities, Moldova, Romania

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Azerbaijan based microfinance institution TBC Kredit received $3.5M loan from EBRD and TaiwanICDF

Posted on 27, August 2013 by

US$ 3.5 million loan to microfinance institution TBC Kredit 27-8-2013 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is lending US$ 2.5 million to TBC Kredit LLC for on-lending to micro, small and medium-sized enterprises (MSMEs) in Azerbaijan. A … Read the full press release →

Posted in Banks, Business, European Union, Financial, Investment, Small Business

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University of Glasgow’s Professor Andy Furlong: Europe’s youth unemployment may not be temporary

Posted on 27, August 2013 by

27-8-2013 — /EuropaWire/ — Europe’s young people are facing a bleak future with a fragmented and precarious labour market that is only just beginning to be appreciated in the West, according to a paper to be presented this Thursday to the European … Read the full press release →

Posted in Business, Economy, Education, Science, Society, United Kingdom

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MYTILINEOS Group posts consolidated €731M turnover in 1H2013, up 2.3% YoY

Posted on 27, August 2013 by

27-8-2013 — /EuropaWire/ —  Continued resilience in particularly adverse domestic and global economic conditions 1H2013 Highlights: Net debt down €170 million in 1H2013, dropping from €725 million to €555 million due to stronger positive cash flows and to the reduction in the amount … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Greece, Industrial, Investment, Metals and Minerals

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The Linde Group awarded contract to build the world’s largest carbon dioxide (CO2) purification and liquefaction plant for Jubail United Petrochemical Company in Saudi Arabia

Posted on 26, August 2013 by

Munich, 26-8-2013 — /EuropaWire/ — The technology company The Linde Group has been awarded a contract to build the world’s largest carbon dioxide (CO2) purification and liquefaction plant for Jubail United Petrochemical Company (UNITED), a manufacturing affiliate of SABIC (Saudi Basic Industries … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial

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HSE24: Homeshopping in HD-Qualität für zusätzliche Haushalte

Posted on 26, August 2013 by

Ismaning, 26-8-2013 — /EuropaWire/ — Homeshopping in hochauflösender HD-Fernsehqualität ist ab sofort flächendeckend in Deutschland möglich: Kunden von Kabel Deutschland können HSE24 HD bereits seit Mai diesen Jahres in 13 Bundesländern in gestochen scharfen Bildern sehen. Zum 1. August erfolgte nun die … Read the full press release →

Posted in Business, Germany, Media, Retail, Telecom

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New SAP® Social Contact Intelligence analytic application for Real-Time Social Insights and Intelligence

Posted on 26, August 2013 by

New SAP® Social Contact Intelligence Analytic Application Leverages Power of SAP HANA Platform to Deliver Unmatched Customer Insight and Intelligence NEW YORK, 26-8-2013 — /EuropaWire/ — SAP AG (NYSE: SAP) today announced the release of the SAP® Social Contact Intelligence analytic application. Powered … Read the full press release →

Posted in Business, Germany, Internet & Online, Management, Media, Technology

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SAP unveiled cloud-based fantasy football analytics platform for National Football League’s NFL.com

Posted on 26, August 2013 by

26-8-2013 — /EuropaWire/ — SAP AG (NYSE: SAP) and the National Football League (NFL) launched an enhanced fantasy football analytics platform that offers users real-time insights to help users make more informed, winning decisions. Running on cloud-based SAP solutions, the player comparison tool … Read the full press release →

Posted in Business, Germany, Internet & Online, Sports, Technology

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SABMiller’s subsidiary in Uganda Nile Breweries Limited opened its second brewery in Mbarara, western Uganda

Posted on 26, August 2013 by

26-8-2013 — /EuropaWire/ — SABMiller’s Ugandan subsidiary, Nile Breweries Limited (NBL), today marks the official opening of its new brewery in Mbarara, western Uganda. Following an investment of US$90m, construction began on the new site in February, 2012, and the brewery has … Read the full press release →

Posted in Business, Food & Beverage, Retail, United Kingdom

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RTL Group to pay gross extraordinary interim dividend of €2.50 per share

Posted on 26, August 2013 by

Luxembourg, 26-8-2013 — /EuropaWire/ — As RTL Group already announced on 22 August 2013, the Group’s Board of Directors decided at its meeting of 21 August 2013 to pay a gross extraordinary interim dividend of €2.50 per share. The extraordinary interim dividend … Read the full press release →

Posted in Business, Entertainment, Financial, Germany, Internet & Online, Investment, Luxembourg, Media, Technology

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Brembo SpA acquires remaining 30% stake in Brembo Nanjing Brake Systems Co. for €11M from Donghua Automotive Industrial China

Posted on 26, August 2013 by

26-8-2013 — /EuropaWire/ — Brembo now owns 100% of Brembo Nanjing Brake Systems Co. Ltd as a result of the acquisition of the remaining 30% stake from the Chinese partner Donghua Automotive Industrial Co. Ltd, for a total consideration of RMB 90 million (about … Read the full press release →

Posted in Automotive, Business, Financial, Investment, Italy

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CapMan Russia II announced it invested in leading Russian IT outsourcing service provider MAYKOR

Posted on 26, August 2013 by

26-8-2013 — /EuropaWire/ — CapMan Russia II, a fund managed by CapMan, has made its first investment in MAYKOR – the leading Russian IT outsourcing service provider. The investment is made jointly with the Russian Direct Investment Fund (RDIF) and the European Bank for Reconstruction and Development … Read the full press release →

Posted in Business, Financial, Internet & Online, Investment, Russia, Technology

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SABMiller plc and Molson Coors Brewing Company reported solid pricing and strong Above Premium sales growth at MillerCoors in Q2-2013

Posted on 26, August 2013 by

Above-Premium Innovations Help Drive 2.6% Increase in Domestic Net Revenue per Barrel Profit Declines Due to Weak Sales in Premium Light and Economy Segments London and Denver, 26-8-2013 — /EuropaWire/ — SABMiller plc (LN:SAB; OTC:SABMRY) and Molson Coors Brewing Company (NYSE: TAP; TSX: … Read the full press release →

Posted in Business, Financial, Food & Beverage, Retail, United Kingdom

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Leading European entertainment network RTL Group reported higher EBITA and net profit in H1-2013

Posted on 26, August 2013 by

RTL Group delivers on its strategic growth plan, stepping up its investments in broadcast, content and digital Based on its strong cash flows, RTL Group will pay out an extraordinary interim dividend of €2.50 per share in September 2013 Luxembourg, … Read the full press release →

Posted in Business, Entertainment, Financial, Germany, Internet & Online, Investment, Media, Technology

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EBRD, Russian Direct Investment Fund, CapMan Russia II Fund invest USD 100 million in major Russian outsourcing company MAYKOR

Posted on 26, August 2013 by

Joint investment with the Russian Direct Investment Fund and CapMan Russia II Fund 26-8-2013 — /EuropaWire/ — The EBRD has joined forces with the Russian Direct Investment Fund (RDIF) and the CapMan Russia II Fund, a private equity fund in which the … Read the full press release →

Posted in Banks, Business, European Union, Financial, Internet & Online, Investment, Russia, Technology

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The Salini Impregilo Group led consortium of Italian construction companies to build the first section of the new Libyan coastal motorway in €963M worth of contract

Posted on 26, August 2013 by

Rome – Milan, 26-8-2013 — /EuropaWire/ — The Salini Impregilo Group, leader of a consortium of Italian companies including “La Società Italiana per CONDOTTE d’Acqua” “Impresa Pizzarotti & C.”and  “Cooperativa Muratori & Cementisti – C.M.C” will construct the first section of the new Libyan … Read the full press release →

Posted in Business, Construction, Industrial, Infrastructure & Utilities, Italy, Transportation & Logistics

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Russian IT outsourcing group MAYKOR signed with IKEA MOS for fire protection equipment technical maintenance in Samara’s MEGA Family Shopping Center

Posted on 26, August 2013 by

26-8-2013 — /EuropaWire/ — MAYKOR, a national-scale group of companies that provides services and outsourcing of IT and building utility systems, and IKEA MOS (Torgovlya i Nedvizhimost) LLC executed a three years long contract for technical maintenance of fire protection equipment in … Read the full press release →

Posted in Business, Internet & Online, Retail, Russia, Security & Safety, Technology

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Croatia’s investment plan to use EU cohesion policy funds worth €449.4m to deliver growth and jobs approved by the European Commission

Posted on 26, August 2013 by

26-8-2013 — /EuropaWire/ — The European Commission has today approved Croatia’s investment plan to use EU cohesion policy funds worth €449.4m allocated to the country when it joined the EU on 1st July 2013. The National Strategic Reference Framework (NSRF) prepared by the … Read the full press release →

Posted in Business, Croatia, European Union, Financial, Government, Investment

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