Category Archives: Business

Business Press Releases & News distributed via EuropaWire

HSH Nordbank and pbb Deutsche Pfandbriefbank provide syndicated finance to Atlas Tower GmbH & Co. KG to develop the UPPER WEST building complex in Berlin

Hamburg/Kiel, 16-7-2013 — /europawire.eu/ — HSH Nordbank and pbb Deutsche Pfandbriefbank are providing syndicated finance for Atlas Tower GmbH & Co. KG, a subsidiary of the project developer STRABAG Real Estate GmbH (SRE), to develop the UPPER WEST building complex project in … Read the full press release

Global luxury brand Burberry plc announced Q1 2013 trading update and interim management statement

16-7-2013 — /europawire.eu/ — Highlights for the three months to 30 June 2013 Retail revenue £339m, up 18% underlying Comparable store sales up 13%, in line with our expectations for the quarter- Driven by exceptional performance of Spring/Summer 2013 fashion – … Read the full press release

pbb Deutsche Pfandbriefbank lends € 120 million to EPISO 3 fund for the acqusition of 5 shopping centres in Poland

Munich/London/Warsaw, 16-7-2013 — /europawire.eu/ — pbb Deutsche Pfandbriefbank has agreed a € 120 million medium-term acquisition facility for the EPISO 3 fund, advised by Tristan Capital Partners. The proceeds will be used to acquire a portfolio of five shopping centres in … Read the full press release

ThyssenKrupp inaugurated Europe’s first multi-purpose fermentation plant for the continuous production of bio-based chemicals

Focus on processes for production of biodegradable plastics 16-7-2013 — /europawire.eu/ — Europe’s first multi-purpose fermentation plant for the continuous production of bio-based chemicals is being inaugurated in Leuna, Saxony-Anhalt/Germany today. Built at a cost of around 20 million euros, the … Read the full press release

ThyssenKrupp Elevator to supply 191 elevators and 155 escalators for the new tunnel between Europe and Asia the “Marmaray” project Turkey

Dynamic infrastructure development in the mega-city of Istanbul – ThyssenKrupp Elevator wins major infrastructure contract in Turkey 16-7-2013 — /europawire.eu/ — It is the realization of a long-held urban vision and a mammoth project: In the 14 million population metropolis of … Read the full press release

Ecolaire España construirá en México una planta de hidrógeno para Pemex Refinación

16-7-2013 — /europawire.eu/ — Ecolaire España, responsable de las operaciones en el área de Oil & Gas de la División Industrial de Obrascón Huarte Lain, lidera el consorcio que ha resultado adjudicatario por Pemex Refinación de un contrato EPC (Engineering, Procurement, … Read the full press release

Europe’s largest home improvement retailer Kingfisher plc confirmed French tax case settled in Kingfisher’s favour

16-7-2013 — /europawire.eu/ — Kingfisher plc, Europe’s largest home improvement retailer, today confirms that the Conseil d’Etat, France’s ultimate court, has considered an outstanding tax case dating back to 2003 and found in Kingfisher’s favour. There is no impact on Kingfisher’s … Read the full press release

Moody’s rating agency reaffirmed HSH Nordbank investment grade with stable outlook

Hamburg/Kiel, 16-7-2013 — /europawire.eu/ — Moody’s rating agency today set the long-term rating for HSH Nordbank at “Baa3” and the short-term rating at “Prime-3”, in each case with a stable outlook. This means that Moody’s has lowered the long-term and short-term rating … Read the full press release

50th International Paris Air Show 2013 detailed report on exhibitors, visitors and delegations

16-7-2013 — /europawire.eu/ — Report on the 50th International Paris Air Show 17-23 June 2013. Exhibitors: 2 215 exhibitors (4.8% up on 2011) from 44 countries 52 000 m² of stands 340 chalets amounting to 37 000 m² of covered surface 43 … Read the full press release

UK CAA informed by EASA for the suspension of pilot training approval of Euro American School of Aviation in Florida

16-7-2013 — /europawire.eu/ — The UK Civil Aviation Authority (CAA) has been informed by the European Aviation Safety Agency (EASA) that it suspended the pilot training approval of Euro American School of Aviation, based in Florida, (UK/FTO-226) on the 19 April … Read the full press release

Uljanik shipyard: Keel for yard 501 laid

16-7-2013 — /europawire.eu/ — On Slipway No.2 of Uljanik island the keel for yard 501 was laid on 4th July 2013. This is the first of two contracted ferries (RO-PAX) designed for the transportation of passengers, trucks and other vehicles in … Read the full press release

DB Schenker inaugurates its own Laos legal entity Schenker (Lao) Sole Co., Ltd.

Berlin/Essen/Vientiane, 15-7-2013 — /europawire.eu/ — DB Schenker has established its own legal entity in Laos and will now operate under the name of Schenker (Lao) Sole Co., Ltd., to better serve its customers across the region. Although present in the country … Read the full press release

Midal Cables Limited named winner of National Grid’s first Supplier Design Awards for its innovative overhead line recycling project

15-7-2013 — /europawire.eu/ — Midal Cables has been announced as the winner of National Grid’s first Supplier Design Awards for its innovative overhead line recycling project, to reduce the need for aluminium and save precious resources. The awards were presented at … Read the full press release

Air France-KLM Group and American Express Group strengthened their partnership

15-7-2013 — /europawire.eu/ — Alexandre de Juniac, Chairman and CEO of the Air France-KLM Group and Ken Chenault, CEO of the American Express Group, have strengthened their agreement in an aim to pursue their strategic partnership until 2019. As innovators of … Read the full press release

Russian Vnesheconombank and Adams Street Partners of US Sign Cooperation Agreement

15-7-2013 — /europawire.eu/ — State Сorporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ and International Investment Group Adams Street Partners (ASP) entered into an Agreement on Cooperation. On behalf of Vnesheconombank the Agreement was signed by Deputy Chairman – Board … Read the full press release

State Corporation Vnesheconombank and the Regional Sheet Processing Center partner to create Engineering Center in the Laser Welding Sector

15-7-2013 — /europawire.eu/ — In the course of the INNOPROM-2013 International Industrial Fair in the city of Yekaterinburg, State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ and the Regional Sheet Processing Center (CJSC) entered into an Agreement on Cooperation. … Read the full press release

Jan De Nul Group environmental subsidiary Envisan completed 800m long compartmental dike part of the future flood area in Vlassenbroek, Belgium

15-7-2013 — /europawire.eu/ — The Sigma Plan (with the S from Scheldt) wants to protect everyone living and working in the Sea Scheldt basin. This is necessary if you keep in mind the disastrous consequences of the floods of 1953 and … Read the full press release

DB Schenker opens new logistics center in South Korea to provide healthcare and pharmaceutical logistics services

Berlin/Essen/Seoul, 15-7-2013 — /europawire.eu/ — As part of its strategy to further build global supply chain competence in the Healthcare market, DB Schenker has opened a new logistics center in South Korea to provide healthcare and pharmaceutical logistics services. The facility … Read the full press release

Khalid Abu Baker appointed Kaspersky Lab Middle East Managing Director

15-7-2013 — /europawire.eu/ — Kaspersky Lab, a leading developer of secure content and threat management solutions, has announced the appointment of Khalid Abu Baker as the new Managing Director of Kaspersky Lab Middle East. Khalid who was previously the Corporate Sales … Read the full press release

Henkel new production line for high-performance lubricants in its plant in Scheemda, Netherlands

15-7-2013 — /europawire.eu/ — Henkel has commissioned a new production line at its Scheemda facility (Netherlands), the company’s most important European site for the manufacture of die lubricants/release agents and specialty surface coatings. Thanks to innovative technology employed in grinding the … Read the full press release