Category Archives: Business

Business Press Releases & News distributed via EuropaWire

South West Trains-Network Rail Alliance and Department for Transport unveiled plans to deliver transformational capacity increase on one of Europe’s busiest rail networks

Proposals targeting 15% capacity increase by 2019 Work starts to procure more than 135 extra carriages for suburban routes Infrastructure investment to help drive reliability improvements 19-8-2013 — /EuropaWire/ — Plans are being developed to deliver a transformational capacity  increase on … Read the full press release

Wood Group PSN announced it retained its contract with Dana Petroleum for integrated support services in the North Sea

19-8-2013 — /EuropaWire/ — Wood Group PSN (WGPSN) has retained its contract with Dana Petroleum for integrated support services (ISC) in the North Sea, marking more than 14 years of continuous service as prime contractor on the Triton FPSO. The contract … Read the full press release

Innovative smartcard ticketing system StagecoachSmart introduced on Supertram network in Sheffield

Smarter ticketing scheme to make it easier for passengers to buy and use tram tickets Integrated smart travel now available on Stagecoach bus and tram services New Megarider Xtra ticket offers hassle-free automatic monthly payments 19-8-2013 — /EuropaWire/ — Supertram passengers … Read the full press release

Mongolian Export Consulting Week training programme part of EU funded and EBRD implemented Support to SME Development in Mongolia

19-8-2013 — /EuropaWire/ — The Mongolian Management Consulting Institute (MMCI) has launched “Export Consulting Week”. The week will focus attention on export promotion activities, and will emphasise consulting as an effective tool to help small and medium-sized enterprises (SMEs) increase their … Read the full press release

The European Union seeks WTO’s rule over Chinese anti-dumping duties imposed on steel seamless tubes imported from EU

19-8-2013 — /EuropaWire/ — The European Union today requested the World Trade Organisation (WTO) in Geneva to rule over a dispute concerning Chinese anti-dumping duties imposed on imports of high-performance stainless steel seamless tubes (“HP-SSST”) from the EU. The EU believes … Read the full press release

Swiss National Bank’s stabilisation fund repaid the loan granted by the SNB parent company

Zurich, 19-8-2013 — /EuropaWire/ — On 15 August 2013, the stabilisation fund (StabFund) of the Swiss National Bank (SNB) repaid the loan granted by the SNB parent company in full. Under the terms of the agreement, UBS may exercise an option … Read the full press release

Biotie Therapies Corp. released its H1-2013 interim report

19-8-2013 — /EuropaWire/ — Company Highlights April – June 2013 Biotie obtained an exclusive option to acquire Neurelis, Inc., a private specialty pharmaceutical company based in San Diego, CA, focused on developing products for epilepsy and other disorders of the central nervous … Read the full press release

TDC reports for improved earnings within mobility services in its Q2-2013 Interim Report

19-8-2013 — /EuropaWire/ — TDC’s core business is reflecting positive trends in performance. As presented in the Interim Report TDC’s earnings within mobility services showed improved development in the second quarter of 2013 compared with many past consecutive quarters, and its … Read the full press release

Saxo Bank strategists expect end of excessively easy money and turning point towards the slow QE withdrawal in their Q3 Outlook

19-8-2013 — /EuropaWire/ — Saxo Bank’s strategists expect the third quarter to be good for assets and believe Q3 could actually be a major pivot point, marking the end of excessively easy money and a turning point towards the slow withdrawal … Read the full press release

Bulgarian First Investment Bank AD to acquire 100% of shares of MKB Unionbank from Hungarian MKB

19-8-2013 — /EuropaWire/ — First Investment Bank AD (Fibank) has signed with the Hungarian MKB a share purchase agreement to acquire 100% of shares of MKB Unionbank. The transaction will be closed after the customary regulatory approval process. Fibank is a … Read the full press release

EC claims back €180M of EU agricultural policy funds unduly spent by Member States

19-8-2013 — /EuropaWire/ — A total of €180 million of EU agricultural policy funds, unduly spent by Member States, is being claimed back by the European Commission today under the so-called clearance of accounts procedure. However, because some of these amounts … Read the full press release

Credit Suisse: commodity market increased in July 2013 supported by positive macroeconomic data

Commodities were higher in July as fundamentals improved for some commodities, supported by positive macroeconomic data. 19-8-2013 — /EuropaWire/ — Nelson Louie, Global Head of Commodities in Credit Suisse’s Asset Management business, said, “Based on the July Purchasing Managers Index reports, … Read the full press release

The European Commission to invest €13.7M for further development of cross-border digital public services

16-8-2013 — /EuropaWire/ — Following the successful collaboration between EU Member States, industry, national administrations, academia, the private sector and local communities on a series of projects to make living, working, travelling, studying and doing business across borders easier, the European Commission … Read the full press release

Leading secure outsourcing group G4S signed with Global Choice to improve and speed up the check-in process for airport and airline passengers

G4S has signed a new partnership with Global Choice, which will improve and speed up the check-in process for passengers 16-8-2013 — /EuropaWire/ — The agreement will also introduce passenger handling backup systems for airlines and enable G4S to take on … Read the full press release

Switzerland, Germany, and France scientists developed EU funded miniature “insect” eyes with high industrial potential in mobile robotics, smart clothing and medical applications

Digital Agenda: Swiss, French & German scientists develop miniature artificial insect eyes which could help prevent accidents 16-8-2013 — /EuropaWire/ — Scientists in Switzerland, Germany, and France explored how the insect eye works and designed and built the first fully-functional miniature curved … Read the full press release

EBRD lends US$25M to Kazakh beverage and food producer RG Brands

Leading beverage and consumer goods producer plans to enhance its capital structure to drive its expansion 16-8-2013 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is providing a US$ 25 million loan to RG Brands in Kazakhstan. The … Read the full press release

G4S head of HR Colin Minto discusses global recruiting challenges for one of the world’s largest private employers with HR Review magazine

With 620,000 employees who work in over 125 countries,in sometimes challenging environments, making sure we have the right people for the job is crucial 16-8-2013 — /EuropaWire/ — G4S’ Global Head of Resourcing recently talked to HR Review magazine about the challenges of … Read the full press release

Bang & Olufsen unveils new innovative technology in its 65-inch plasma solution with the launch of BeoVision 12-65 New Generation

Bang & Olufsen launches new innovative technology in its 65-inch plasma solution that will take both sound and vision into a new era. The all-digital video platform and refined aesthetics create a market-leading package of great features and beautiful looks. To … Read the full press release

RWE Česká republika now offers transition to gas condensation boilers under the New Green Savings programme subsidies

RWE and Viessmann have prepared a special follow-up package of benefits for the participants of this programme People can save almost half of the purchase and installation costs of a new gas condensation boiler Prague, 16-8-2013 — /EuropaWire/ — The subsidies … Read the full press release

voestalpine AG’s workforce reached new record figure of 47,154 employees, Q1-2013/14 performance stable despite lower raw materials prices and weaker economy

High capacity utilization remains unchanged in all divisions Headcount reaches new record level with 47,154 employees Revenue of EUR 2.94 billion in the first quarter of 2013/14 3.8% below previous year’s figure (EUR 3.05 billion) due to lower raw materials … Read the full press release