Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Vestas sold two wind power plants in Bulgaria and Romania for EUR 127M to LUKERG Renew

25-6-2013 — /europawire.eu/ — Vestas has entered into an agreement to sell the Romanian project Gebeleisis and the Bulgarian project Hrabrovo to LUKERG Renew for a total enterprise value of EUR 127m. The wind power plants have been co-developed by Vestas, … Read the full press release

Selex ES, Airbus partner on patented Avionics Full DupleX switched ethernet network communication system

25-6-2013 — /europawire.eu/ — Selex ES, a Finmeccanica company, has partnered with Airbus on a patented Avionics Full DupleX (AFDX®) switched ethernet network communication system, a backbone standard in the avionics communication technology. Selex ES has licensed AFDX® for the company’s … Read the full press release

Franco-Italian aircraft manufacturer ATR declared 2013 Paris Air Show the best in company’s history

The aircraft manufacturer receives orders for a total of 173 aircraft. The total amount of the contracts exceeds 4.1 billion dollars Toulouse,  25-6-2013 — /europawire.eu/ — The 50th edition of the Paris Air Show was the best in the history of … Read the full press release

Airbus announced US$70 billion aircraft orders & commitments across all product families booked at Paris Air Show 2013

466 Airbus aircraft orders & commitments across all product families; A320neo Family retains 60 percent market share; A350 XWB, A330 and A380 all continue to outsell the competition. Blagnac, 25-6-2013 — /europawire.eu/ — At the 2013 Paris Air Show, Airbus won … Read the full press release

New EU measures for telecoms, ISPs in case of lost or compromised personal data

Brussels, 25-6-2013 — /europawire.eu/ — The European Commission is putting into place new rules on what exactly telecoms operators and Internet Service Providers (ISPs) should do if their customers’ personal data is lost, stolen or otherwise compromised. The purpose of these “technical … Read the full press release

NYSE Euronext acquisition by InterContinental Exchange cleared under the EU Merger Regulation

Brussels, 25-6-2013 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of NYSE Euronext (“NYX”) by the InterContinental Exchange (“ICE”). NYX and ICE operate exchanges providing trading and clearing services, particularly in the field of … Read the full press release

Home improvement retail group Kingfisher plc reports on first year of Net Positive

24-6-2013 — /europawire.eu/ — Europe’s leading home improvement retail group, Kingfisher plc, whose UK businesses include B&Q and Screwfix, reports on the progress of Net Positive. Kingfisher plc launched the ground-breaking restorative business programme, which is committed to go beyond zero … Read the full press release

EC refers Poland to EU Court of Justice over regulated gas prices for business consumers

24-6-2013 — /europawire.eu/ — Today, the European Commission decided to refer Poland to the Court of Justice of the European Union for failing to comply with the EU internal energy market rules. Under the Gas Directive (2009/73/EC) prices should primarily be determined by … Read the full press release

Air France-KLM Group, Airbus sign for 25 A350-900 plus a further 25 on option at the 50th International Paris Air Show

Le Bourget, 24-6-2013 — /europawire.eu/ — This morning, Air France-KLM finalized a firm order with the European manufacturer Airbus for 25 A350-900 plus a further 25 on option. The signing took place at the 50th International Air Show at Le Bourget near … Read the full press release

Deutsche Bahn acquired Veolia Transport Central Europe

Takeover of Veolia Transport Central Europe makes DB Arriva the largest international operator of passenger transport services in Central and Eastern Europe Berlin, 24-6-2013 — /europawire.eu/ — Deutsche Bahn has acquired the Central and East European business operations from Veolia … Read the full press release

Vnesheconombank, HSBC Bank plc sign credit agreement to fund construction cement plant in the Kaluga region, Russia

24-6-2013 — /europawire.eu/ — In the course of the Petersburg International Economic Forum-2013 State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’and HSBC Bank plc. (Great Britain) signed a credit agreement On behalf of Vnesheconombank the agreement was signed by … Read the full press release

EC invites the public to comment on possible improvements to EU merger control in certain areas

Brussels, 24-6-2013 — /europawire.eu/ — The European Commission invites the public to comment on a number of options for possible future improvements of the EU Merger Regulation in two areas: minority shareholdings and the transfer of cases between the Commission and national competition authorities. … Read the full press release

Jaguar Land Rover announced it sold 32,477 vehicles in May 2013, its best ever May

 Jaguar sells 6,174 vehicles in May, up 36% Land Rover sells 26,303 vehicles in May, up 8% Calendar year to date Jaguar Land Rover sells 176,451vehicles, up 15% 24-6-2013 — /europawire.eu/ —  Jaguar Land Rover, the UK’s leading manufacturer of premium … Read the full press release

EBRD signs host country agreement with Arab Republic of Egypt

24-6-2013 — /europawire.eu/ — The EBRD and the Arab Republic of Egypt have signed an agreement in Cairo which is an important first step for the EBRD to set up a permanent Resident Office in the country after ratification by the … Read the full press release

Marks and Spencer Group plc 2013 Annual Report Announced

24-6-2013 — /europawire.eu/ — In compliance with Listing Rule 9.6.1, the Company has today submitted a copy of the following documents to the UK Listing Authority, which will shortly be available for inspection via the National Storage Mechanism which can be … Read the full press release

EC cleared Virgin Atlantic joint acquisition by Delta (49%) and Virgin Group (51%)

Brussels, 24-6-2013 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of joint control over Virgin Atlantic by Delta and Virgin Group. Delta will replace Singapore Airlines as a 49% minority shareholder in Virgin Atlantic, … Read the full press release

Hexagon’s HxGN LIVE international conference in Las Vegas attracted more than 3 500 attendees from over 70 countries

24-6-2013 — /europawire.eu/ — Hexagon AB, leading global provider of design, measurement and visualisation technologies, commenced its third annual international conference, HxGN LIVE, on 4 June at MGM Grand Hotel in Las Vegas, NV, USA. Welcoming more than 3 500 attendees from over … Read the full press release

H & M Hennes & Mauritz AB to join The Circular Economy 100 and The Ellen MacArthur Foundation

24-6-2013 — /europawire.eu/ — H&M today announced that we will join The Circular Economy 100 and The Ellen MacArthur Foundation as a member for the next three years to help accelerate the transition to a circular economy. Other members are companies … Read the full press release

Mirko Wollrab appointed HSH Nordbank head of the communications

Hamburg/Kiel, 24-6-2013 — /europawire.eu/ — Effective 1 August 2013, Mirko Wollrab (43) is to take over as Head of the Communications division at HSH Nordbank. This includes the Bank’s media and public relations, internal communications and marketing activities. In this position … Read the full press release

Sustainable aviation biofuels partnership created between Airbus, Air France, Safran and Total

Le Bourget, 24-6-2013 — /europawire.eu/ — At the Paris Air Show 2013, Airbus, Air France, Safran and Total organized the “Joining our Energies – Biofuel Initiative France” flight to illustrate the French industry’s technical capacity to integrate aeronautical biofuels. The four players … Read the full press release