Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Saint-Gobain issued update on the Verallia North America acquisition following complaint filed by the US Federal Trade Commission

Posted on 19, July 2013 by

19-7-2013 — /europawire.eu/ — On January 17, 2013, Compagnie de Saint-Gobain has accepted the purchase offer of Ardagh on Verallia North America for an enterprise value of $1,694 million (around €1,275 million), representing 6.5 times 2012 EBITDA (around $261 million). The … Read the full press release →

Posted in Business, Construction, Financial, France, Government, Industrial, Investment, Law

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Saint-Gobain starts production at its first plasterboard plant in Russia

Posted on 19, July 2013 by

19-7-2013 — /europawire.eu/ — Already present in the habitat and construction markets in Russia through its Industrial Mortars and Insulation businesses, Saint-Gobain has just started production at its first plasterboard plant in the country. The new site – which also contains … Read the full press release →

Posted in Business, Construction, France, Industrial, Russia

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Lafarge sold its North American Gypsum division to an affiliate of Lone Star Funds

Posted on 19, July 2013 by

Paris, 19-7-2013 — /europawire.eu/ — Lafarge announces the sale of its subsidiary’s North American Gypsum assets at an enterprise value of 700 million US dollars (533 million euros) to an affiliate of Lone Star Funds. Lafarge North America’s Gypsum division manufactures gypsum … Read the full press release →

Posted in Business, Construction, Financial, France, Industrial, Investment, Management

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World’s leading building materials company Lafarge announced changes in the Group’s Executive Committee

Posted on 19, July 2013 by

Paris, 19-7-2013 — /europawire.eu/ — EVOLUTION OF LAFARGE’S EXECUTIVE COMMITTEE STARTING SEPTEMBER 1, 2013 Eric Olsen*, currently Executive Vice-President Organization and Human Resources, is appointed Executive VicePresident Operations, taking over for Jean-Carlos Angulo, who has decided to retire. Sonia Artinian, currently Country … Read the full press release →

Posted in Business, Construction, France, Industrial, Management

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Audi announced it won numerous awards in June and July 2013

Posted on 19, July 2013 by

19-7-2013 — /europawire.eu/ — Awards for Audi in June and July 2013 Audi R8 is “best of the best” at the “red dot award” 2013 Audi was a triple-prize winner at this year’s “red dot award: product design 2013”. Not only … Read the full press release →

Posted in Automotive, Awards, Business, Germany, Marketing, Technology

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Energy management specialist Schneider Electric announced the winners of its Go Green in the City 2013 Case Study Competition

Posted on 19, July 2013 by

Rueil-Malmaison (France), 19-7-2013 — /europawire.eu/ — Schneider Electric, the global specialist in energy management, welcomed the 50 student finalists in its innovative Go Green in the City competition to Paris for the third year running, from 25 to 28 June 2013. The Go Green … Read the full press release →

Posted in Business, Education, Electronics & Machinery, Energy, Gas & Oil, Environment, France

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Videoton’s subsidiary VT Mechatronics Kft entered into the energetics and medical markets

Posted on 19, July 2013 by

Győr – Székesfehérvár, 19-7-2013 — /europawire.eu/ — The Győr-based VT Mechatronics Kft. entered into the energetics and medical markets as well. The company closing its last year with more than 7 million EUR revenue, extended its businesses in the field of … Read the full press release →

Posted in Business, Electronics & Machinery, Hungary, Industrial

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Roche launches Elecsys ProGRP test that distinguishes the two main types of lung cancer

Posted on 19, July 2013 by

New test expands cancer diagnostics portfolio and strengthens Roche Diagnostics’ comprehensive tumour marker menu 19-7-2013 — /europawire.eu/ — Roche (SIX: RO, ROG; OTCQX: RHHBY) today announced the global launch (except US) of Elecsys ProGRP, a test that distinguishes between the two … Read the full press release →

Posted in Business, Healthcare, Pharma & Biotech, Science, Switzerland

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Roche launched two new highly sensitive therapeutic drug monitoring tests for the immunosuppressant medicines tacrolimus and cyclosporine

Posted on 19, July 2013 by

Tests support long-term routine management of organ transplant recipients and enhanced workflow in medical labs 19-7-2013 — /europawire.eu/ —  Roche (SIX: RO, ROG; OTCQX: RHHBY) today announced the global launch (except US) of two new highly sensitive therapeutic drug monitoring … Read the full press release →

Posted in Business, Healthcare, Pharma & Biotech, Science, Switzerland

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Borealis acquired mineral fertilizer manufacturer Rosier SA from TOTAL

Posted on 19, July 2013 by

issued under Article 8, paragraph 1 of the Belgian Royal Decree of April 27, 2007 on public takeover bids and update on press release issued on February 6th, 2013 19-7-2013 — /europawire.eu/ — Borealis, a leading provider of innovative solutions in … Read the full press release →

Posted in Agriculture, Austria, Belgium, Business, Chemicals, France, Investment, Management, Netherlands

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LINZER AGRO TRADE GmbH announced it changed its name to Borealis L.A.T GmbH as of 1 July 2013

Posted on 19, July 2013 by

19-7-2013 — /europawire.eu/ — Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, announces that its leading fertilizer wholesaler and distributor LINZER AGRO TRADE GmbH is changing its name to Borealis L.A.T GmbH. The … Read the full press release →

Posted in Agriculture, Austria, Business, Chemicals, Management

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EU and US offshore regulators call on Oil and Gas Companies to Raise Global Safety Standards

Posted on 18, July 2013 by

18-7-2013 — /europawire.eu/ — Just days before European rules on offshore safety for European companies abroad enter into force, and just a few months before additional requirements for companies operating in US waters take effect, the European Commissioner for energy, Guenther … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, European Union, Government, Security & Safety

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Kering completed Italian jewelry group Pomellato acquisition

Posted on 18, July 2013 by

18-7-2013 — /europawire.eu/ — Kering announced today that it has completed the acquisition of a majority stake in the Pomellato group, in accordance with the terms announced on 24 April, 2013, after having received clearance from the antitrust authorities. About Kering … Read the full press release →

Posted in Apparel, Fashion & Beauty, Business, Financial, France, Investment, Italy, Retail

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Greece referred to European Court of Justice for failure to recover incompatible aid

Posted on 18, July 2013 by

18-7-2013 — /europawire.eu/ — The European Commission has referred Greece to the European Court of Justice (ECJ) for failing to comply with two distinct Commission decisions that ordered Greece to recover incompatible state aid from three Greek casinos (see IP/11/635) and from … Read the full press release →

Posted in Belgium, Business, European Union, Financial, Government, Greece, Law

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The European Commission decisions on German support schemes in favour of energy-intensive industries

Posted on 18, July 2013 by

18-7-2013 — /europawire.eu/ — The European Commission has adopted two separate decisions on German support schemes in favour of energy-intensive industries. Firstly, the Commission has concluded that a scheme compensating energy-intensive users for CO2 costs in their electricity price as of … Read the full press release →

Posted in Business, Energy, Gas & Oil, European Union, Germany, Government, Metals and Minerals

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Kering – YOOX joint venture stores successfully launched

Posted on 18, July 2013 by

Paris – Milan, 18-7-2013 — /europawire.eu/ — The online stores of all the six brands included in the joint venture established in August 2012 by Kering (then PPR) and YOOX were successfully launched by 30 June 2013, marking the first important … Read the full press release →

Posted in Apparel, Fashion & Beauty, Business, France, Internet & Online, Italy, Retail

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The Praha 1 District Court judgment in favour of Komerční banka over mortgage loan administration bank fees case

Posted on 18, July 2013 by

Prague, 18-7-2013 — /europawire.eu/ — The Praha 1 District Court delivered yesterday its judgment in favour of Komerční banka in the case of a client demanding refund of the bank fees charged for mortgage loan administration. Within a short span of time, this … Read the full press release →

Posted in Banks, Business, Czech Republic, Financial, Law, Real Estate

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Komerční banka’s Jistota Foundation helped over 50 health and social projects in 2012

Posted on 18, July 2013 by

Prague, 18-7-2013 — /europawire.eu/ — Last year, Komerční banka’s Jistota Foundation provided 56 gifts, which were worth more than CZK 7.5 million. In line with the Foundation’s mission, the gifts were mainly routed into projects of a health or social nature. Foundation … Read the full press release →

Posted in Banks, Business, Czech Republic, Financial, Healthcare, Non Profit, Society

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Cassa depositi e prestiti, SACE, BNPP AND HSBC to provide € 300M loan to South African energy public utility company Eskom Holdings SOC Limited

Posted on 18, July 2013 by

The credit line will be used for the construction of underground works related to the pump storage power plant of Ingula Rome, 18-7-2013 — /europawire.eu/ — Cassa depositi e prestiti (CDP), SACE, BNP Paribas Corporate and Investment Banking and HSBC Bank … Read the full press release →

Posted in Banks, Business, Energy, Gas & Oil, Financial, Infrastructure & Utilities, Investment, Italy

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Michelin’s EFFIFUEL™ aimed at reducing fuel consumption for truck fleet managers across Europe

Posted on 18, July 2013 by

18-7-2013 — /europawire.eu/ — Michelin’s market launch of Michelin solutions in May 2013 is the result of a long change process underpinned by two deep-seated trends: Business customers – vehicle fleet managers – are confronted with a highly competitive environment and … Read the full press release →

Posted in Automotive, Business, Energy, Gas & Oil, France, Technology, Transportation & Logistics

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