Category Archives: Business

Business Press Releases & News distributed via EuropaWire

EnBW Energie Baden-Württemberg AG announced plans to shut conventional power plant units with total output of 668MW in Marbach and Walheim

Timing depends on review of system relevance by transmission system operators in coordination with Federal Network Agency Karlsruhe, 23-7-2013 — /EuropaWire/ — Following extensive reviews of the commercial efficiency of its conventional power plant park, EnBW plans to shut down a … Read the full press release

UK CBI Chief Policy Director Katja Hall: EU reform agenda must focus on growth and jobs

23-7-2013 — /EuropaWire/ — The CBI responded to the publication of the first six reports in the Review of the Balance of Competences examining the UK’s relationship with the EU. Katja Hall, CBI Chief Policy Director, said: “Any EU reform agenda … Read the full press release

Rio Tinto’s Mongolian Oyu Tolgoi copper-gold mine made its first shipment of copper concentrate to China

23-7-2013 — /EuropaWire/ — Rio Tinto chief executive Sam Walsh said “A new milestone was reached in Mongolia, with the Oyu Tolgoi copper-gold mine making its first shipment of copper concentrate to China. Our iron ore operations continue their impressive performance, … Read the full press release

TeliaSonera AB released its Interim Report for January-June 2013

23-7-2013 — /EuropaWire/ — Positive organic sales growth and higher margin Second quarter summary Net sales in local currencies, excluding acquisitions and disposals, increased 0.4 percent. In reported currency, net sales decreased 3.9 percent to SEK 25,274 million (26,294). The addressable … Read the full press release

Netherlands largest insurance company Achmea and National Federation of Christian Trade Unions to cooperate on personal legal assistance services and non-life insurance

Zeist, 23-7-2013 — /EuropaWire/ — The CNV (National Federation of Christian Trade Unions in the Netherlands) and Achmea, the largest insurance company of the Netherlands, recently signed a declaration of intent to cooperate on providing personal legal assistance services and … Read the full press release

TÜV Rheinland AG subsidiary in Hungary TÜV Rheinland Intercert Kft. acquired 100% of Minell Quality Control and Services Ltd

23-7-2013 — /EuropaWire/ — TÜV Rheinland Intercert Kft., a subsidiary of TÜV Rheinland AG in Hungary, has acquired 100 percent of Minell Quality Control and Services Ltd. The company provides services in the area of non-destructive testing for industrial clients particularly … Read the full press release

HDI Versicherung AG: Internationale Anerkennung für HDI Geschäftsbericht

23-7-2013 — /EuropaWire/ — Dass HDI nicht nur bei Versicherungsangeboten für ausgezeichnete Leistung steht, zeigt die Verleihung der internationalen LACP Vision Awards. Bereits zum vierten Mal wurde der HDI Geschäftsbericht bei dieser renommierten Veranstaltung ausgezeichnet. Über 6.000 Einreichungen aus mehr als … Read the full press release

Telenor Group reported NOK 25.7 billion of revenues in Q2 2013, growth of 2%

23-7-2013 — /EuropaWire/ — In the second quarter of 2013, Telenor Group reported revenues of NOK 25.7 billion, representing an organic revenue growth of 2%. EBITDA before other items was NOK 8.86 billion, EBITDA margin was 34%, and operating cash flow … Read the full press release

Vivendi, Etisalat into exclusive negotiations for the sale of Vivendi ‘s 53% shareholding in Maroc Telecom

23-7-2013 — /EuropaWire/ — Vivendi has entered into exclusive negotiations with Etisalat to finalize an agreement for the sale of its 53% shareholding in Maroc Telecom. Etisalat’s offer values the controlling stake at 92.6 Moroccan dirhams per share. The sale proceeds … Read the full press release

New UK online portal for brokers to access credit insurance documents, in-depth reports and economic data launched by Euler Hermes

23-7-2013 — /EuropaWire/ — A new UK online portal that allows brokers immediate access to credit insurance documents, in-depth reports, economic data and essential news on forthcoming events has been launched by Euler Hermes. the global leader in trade credit insurance. … Read the full press release

Swissgrid’s Alexander Wirth to head the newly opened TSO Security Cooperation joint coordination centre in Munich

22-7-2013 — /EuropaWire/ — TSO Security Cooperation (TSC) opened a coordination centre for all TSC activities on 1 July in Munich, another key step towards improving the security of supply in Central Europe. The centre will be headed by Alexander Wirth … Read the full press release

Global telecom operator VimpelCom Ltd announced it plans to publish its operating and financial results for the Q2 of 2013 on August 7, 2013

Amsterdam, 22-7-2013 — /EuropaWire/ — “VimpelCom Ltd.” (“VimpelCom”, “Company” or “Group”) (NYSE:VIP), a leading global provider of telecommunications services, today announces that it plans to publish its operating and financial results for the second quarter of 2013 on August 7, 2013, … Read the full press release

The Lindner Group’s Josef Steretzeder has been appointed professor at the University of Applied Sciences (HDU) in Deggendorf

22-7-2013 — /EuropaWire/ — Josef Steretzeder, newly appointed professor at the University of Applied Sciences (HDU) in Deggendorf, represents the Institute of Sustainability, Energy and Environmental Management at the Faculty of Civil Engineering and Environmental Management. Lindner Group supports education He … Read the full press release

WACKER Group sales arm WACKER SILICONES announced it expanded its sales structures in local Asian markets

Munich, 22-7-2013 — /EuropaWire/ — WACKER SILICONES, the main sales driver of the Munich-based WACKER Group, is continuing to expand its operational and sales structures in Asia. To advance its silicones business in Asia, the division has strengthened its regional presence and … Read the full press release

The Carbon Company SGL Group awarded Professor Dr Klaus Müllen the Utz-Hellmuth Felcht Award for his research into the synthesis of tailored graphenes

Wiesbaden, 22-7-2013 — /EuropaWire/ — SGL Group – The Carbon Company – has honored Professor Klaus Müllen with the Utz-Hellmuth Felcht Award for his research into the synthesis of tailored graphenes. Professor Müllen, Director of the Max Planck Institute for Polymer … Read the full press release

Disclosure: Shareholding of Harris Associates L.P. in Holcim Ltd exceeds the Swiss Stock Exchange Act threshold of 3 percent

22-7-2013 — /EuropaWire/ — In accordance with Article 20 of the Federal Act on Stock Exchanges and Securities Trading (Stock Exchange Act), Holcim Ltd was informed on July 19, 2013, by Harris Associates L.P. that it holds, through acquisition of shares, … Read the full press release

GSK President Europe, Japan, Emerging Markets & Asia Pacific Abbas Hussain issued statement on the meeting with Chinese Ministry of Public Security

22-7-2013 — /EuropaWire/ — Following a meeting with the Chinese Ministry of Public Security to discuss their investigation into GSK, Abbas Hussain, President International – Europe, Japan, Emerging Markets & Asia Pacific said: “We have had a very constructive meeting with the … Read the full press release

Savills-advised Commerz Real AG confirmed the sale of The Lloyds Building to Chinese insurance company

22-7-2013 — /EuropaWire/ — A German Closed End Fund managed by Commerz Real, advised by Savills and CBRE, has confirmed the sale of The Lloyds Building at One Lime Street, London EC3 to China’s leading insurance company, for £260 million reflecting … Read the full press release

Trade credit insurance provider Euler Hermes added Excess of Loss (XoL) underwriting New York team to its U.S. insurance services

22-7-2013 — /EuropaWire/ — Euler Hermes, the world’s leading provider of trade credit insurance, will expand its U.S. services with the addition of a specialist Excess of Loss (XoL) underwriting team based in New York. Euler Hermes’ XoL solution provides large … Read the full press release

Euler Hermes / MAPFRE joint venture Solunion launched single operations platform to manage trade risks and unify its credit insurance offerings

22-7-2013 — /EuropaWire/ — Solunion, the joint venture owned equally by Euler Hermes, the global leader in trade credit insurance, and MAPFRE, the international insurance company market leader in Spain and in Latin America, has completed the integration of its teams in … Read the full press release