Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Arctic diesel available on selected Neste Oil stations in northern Finland

ESPOO, 11-1-2016 — /EuropaWire/ — Arctic diesel suitable for extremely cold temperatures is available from four Neste Oil stations as well as eight heavy traffic stations in northern Finland. Neste’s Arctic diesel has been developed and tested to handle even the most … Read the full press release

46th World Economic Forum Annual Meeting in Davos-Klosters, Switzerland will take place on 20-23 January

GENEVA, 11-1-2016 — /EuropaWire/ — The 46th World Economic Forum Annual Meeting in Davos-Klosters, Switzerland, will take place on 20-23 January under the theme “Mastering the Fourth Industrial Revolution”. For more information about the programme, read the meeting overview. Registration for the … Read the full press release

Saint-Gobain: Weber Quartzolit to acquire Industrial Potengy in Brazil

PARIS, 6-1-2016 — /EuropaWire/ — Weber Quartzolit, part of Saint-Gobain Mortars, has strengthened its presence in Brazil thanks to the acquisition of Industrial Potengy, a company specializing in tile adhesives with the Fortcola brand and based in the State of … Read the full press release

Specialty extruded tubing: Saint-Gobain acquires Brazilian company SG Plasticos

PARIS, 6-1-2016 — /EuropaWire/ — Saint-Gobain has acquired Brazilian company SG Plasticos, a leading player in specialty extruded tubing in Brazil, based in the state of São Paulo. The company provides differentiated and customized solutions related to fluid transfers on … Read the full press release

Kuehne + Nagel opens 50,000 sqm built-to-suit facility in Singapore

Singapore, 5-1-2016 — /EuropaWire/ — Kuehne + Nagel, one of the leading global logistics providers, today unveiled its Singapore Logistics Hub, a 50,000 sqm built-to-suit facility located in the west of Singapore. The facility is part of Kuehne + Nagel’s … Read the full press release

SGS to acquire the fifth largest full service environmental testing company in the United States

GENEVA, 4-1-2016 — /EuropaWire/ — SGS is pleased to announce the acquisition of the assets and operations of Accutest Laboratories, the fifth largest full service environmental testing company in the United States. In combination with SGS’s existing operations, this creates … Read the full press release

150,000 jobs in Ireland dependent on Irish higher education sector – Trinity Business School research

DUBLIN, 4-1-2016 — /EuropaWire/ — New research from Trinity Business School suggests that 150,000 jobs in Ireland are dependent on the sector – with each role in higher education supporting another seven jobs indirectly. Irish higher education institutions contributed €10.6 … Read the full press release

Schindler Holding Ltd ends its share buyback program started on January 3, 2013

Ebikon, Switzerland, 4-1-2016 — /EuropaWire/ — As of December 30, 2015, Schindler Holding Ltd ended the share buyback program started on January 3, 2013. In the context of the buyback program, including a Fixed-Price Repurchase Offer from November 1 to November … Read the full press release

AXA completes the acquisition of SulAmérica Companhia de Seguros Gerais for Euro 31 million

PARIS, 29-12-2015 — /EuropaWire/ — AXA announced today that it had completed the acquisition of SulAmérica Companhia de Seguros Gerais, the Large Industrial and Commercial risks insurance subsidiary of SulAmérica S.A., for a total consideration of BRL 135 million (or … Read the full press release

Spanish Electricity System: Electricity consumption of large and medium-sized companies increased 0.8% in November YoY

MADRID, 28-12-2015 — /EuropaWire/ — The electricity consumption of large and medium-sized companies increased 0.8% in November compared with the same month the previous year, according to data from the Red Eléctrica Index (IRE). Broken down by sector, industrial consumption grew 1.1% … Read the full press release

Wintershall to increase its participation interest in the Aguada Federal block in Argentina from 50% to 90%

German oil and gas company to expand its participation in the Aguada Federal block in Neuquén province Buenos Aires, 28-12-2015 — /EuropaWire/ — Wintershall Energía S.A. and the local state-owned energy company Gas y Petróleo del Neuquén S.A. have signed an agreement … Read the full press release

Tellus Petroleum will not complete the purchase of Wintershall’s assets on the Norwegian continental shelf

Kassel/Stavanger, 28-12-2015 — /EuropaWire/ — Following a request from Tellus Petroleum, Wintershall has consented to release the company from its obligations under the Sales and Purchase Agreement announced on June 18, 2015. Wintershall, a 100% BASF subsidiary, had originally planned to divest … Read the full press release

Banco Sabadell to start operations in Mexico on 4 January 2016

Sabadell, Spain, 23-12-2015 — /EuropaWire/ — Banco Sabadell will formally commence operations in Mexico on 4 January 2016, having achieved certification by Mexico’s National Banking and Securities Commission and fulfilled the requirements of the Bank of Mexico. The new bank in Mexico, … Read the full press release

Nemetschek AG to acquire 100% of the shares of Helsinki based Solibri Oy

Solibri is the market leader in quality assurance and quality control for Building Information Modeling (BIM), the digital work method in the construction industry High-level strategic fit and significant extension of Nemetschek’s solution portfolio for design and building processes Considerable … Read the full press release

Danske Bank to make an impairment on goodwill and other intangible assets of DKK 4.5 billion before tax in its 2015 annual report

Company Announcement No. 50/2015  COPENHAGEN, 22-12-2015 — /EuropaWire/ — On the basis of the results of its ordinary goodwill impairment testing, Danske Bank has decided to make an impairment on goodwill and other intangible assets of about DKK 4.5 billion before tax … Read the full press release

Martin Schenk becomes Chairman of the Management Board of STRABAG Property and Facility Services GmbH

FRANKFURT, 21-12-2015 — /EuropaWire/ — A Supervisory Board resolution dated 17 December 2015 will result in the following changes in the Management Board of STRABAG Property and Facility Services GmbH (STRABAG PFS) with effect from 1 January 2016: Martin Schenk … Read the full press release

Alpiq: Kernkraftwerk Gösgen-Däniken AG (KKG) and Kernkraftwerk Leibstadt AG (KKL) to enter their entitlements to the state decommissioning and waste disposal funds in their balance sheets

Lausanne, 21-12-2015 — /EuropaWire/ — In the future, the two nuclear power plants Gösgen and Leibstadt will enter their entitlements to the decommissioning and waste disposal funds in their balance sheets on the basis of market values. Alpiq will balance its share … Read the full press release

Rigby Group’s SCC takes controlling stake in One Point

Birmingham, UK, 21-12-2015 — /EuropaWire/ — In a deal announced today, SCC, Europe’s biggest independent IT services business which is part of the Rigby Group, has taken a controlling stake in One Point, adding mobile voice and data capability to complete its … Read the full press release

Decisions taken on Národná banka Slovenska’s 23rd meeting of 2015

Bratislava, Slovak Republic,  18-12-2015 — /EuropaWire/ — The Bank Board of Národná banka Slovenska today (15 December) held its 23rd meeting of 2015, which was chaired by Jozef Makúch, the NBS Governor. The Bank Board of NBS took note of NBS’s … Read the full press release

Henrietta Jowitt appointed Managing Director Commercial at Confederation of British Industry

The CBI has today announced the appointment of Henrietta Jowitt as its Managing Director, Commercial. LONDON, 18-12-2015 — /EuropaWire/ — With an extensive background in business strategy, marketing, growth and change management, Henrietta will join the CBI early next year. … Read the full press release