Category Archives: Business

Business Press Releases & News distributed via EuropaWire

EIB provides additional EUR 200M to the Turkish State Railways for the Istanbul-Ankara High Speed Rail Line

Posted on 10, June 2013 by

Ankara / Luxembourg, 10-6-2013 — /europawire.eu/ — The European Investment Bank is providing EUR 200 million to the Turkish State Railways, as a further contribution to upgrading the country’s main transport corridor between Ankara and Istanbul. This additional funding brings total EIB … Read the full press release →

Posted in Banks, Business, European Union, Financial, Government, Infrastructure & Utilities, Investment, Luxembourg, Transportation & Logistics, Turkey

Tagged , , , , , , , , , , ,

Cassidian, NCS awarded the Safe City Test Bed by Singapore Government

Posted on 10, June 2013 by

Consortium with local partner NCS Results to be showcased at the World Cities Summit 2014 Singapore, 10-6-2013 — /europawire.eu/ — Cassidian, a worldwide leader in defence and security solutions, together with its local partner NCS, has been awarded the Safe City Test … Read the full press release →

Posted in Business, Defence, Electronics & Machinery, Government, Security & Safety, Technology

Tagged , , , , , , , , , , , , , , ,

Mercedes-Benz posts record sales for May 2013 – 121,360 units, +7.3%

Posted on 10, June 2013 by

Stuttgart, 10-6-2013 — /europawire.eu/ — Mercedes-Benz again grew its unit sales in May with vehicle deliveries to customers that are unprecedented for the month of May (121,360 units, +7.3%). The Stuttgart based manufacturer also posted a new sales record for … Read the full press release →

Posted in Automotive, Business, Financial, Germany

Tagged , , , ,

Air transport agreement between EU & Israel

Posted on 10, June 2013 by

Brussels, 10-6-2013 — /europawire.eu/ — In the margins of the EU Transport Council in Luxembourg, the European Union and Israel have today signed a comprehensive air transport agreement which will gradually open up and integrate their respective markets, develop an aviation area … Read the full press release →

Posted in Aviation & Aerospace, Business, European Union, Government, Transportation & Logistics

Tagged , , , ,

Swisscom has laid fibre-optic cabling in Chiasso municipality

Posted on 10, June 2013 by

Berne, 10-6-2013 — /europawire.eu/ —  Over the next few years, Swisscom will supply Chiasso with fibre-optic technology, thus allowing homes and business in the Ticino municipality to connect to the ultra high-speed communications network. Swisscom will inform homeowners in the Soldini … Read the full press release →

Posted in Business, Internet & Online, Media, Switzerland, Technology, Telecom

Tagged , , , , , , , , , , , , , , ,

The British Department of Energy and Climate Change funds 3 clean energy entrepreneurs to test cutting edge designs in bioenergy

Posted on 10, June 2013 by

10-6-2013 — /europawire.eu/ — The winning companies – AB systems, AMW IBERS and Natural Synergies – were selected from an initial list of seven to go through from the project design stage to the testing phase of the Department of Energy … Read the full press release →

Posted in Agriculture, Business, Energy, Gas & Oil, Environment, Financial, Investment, Science, United Kingdom

Tagged , , , , , , , , , , , , ,

PennDOT awards Fugro Roadware multi-year contract for Automated Pavement Data Collection

Posted on 10, June 2013 by

10-6-2013 — /europawire.eu/ — The Pennsylvania Department of Transportation (PennDOT) has awarded Fugro Roadware a multi-year contract for Automated Pavement Data Collection. The contract consists of automatically collecting pavement data on nearly 27,000 miles of state-owned highways annually including right-of-way and … Read the full press release →

Posted in Business, Government, Netherlands, Technology, Transportation & Logistics

Tagged , , , , , , , , , , , ,

Yara International ASA announced it purchased 80,000 own shares in the market at an average price of NOK 263.3117

Posted on 10, June 2013 by

Oslo, 10-6-2013 — /europawire.eu/ — Yara International ASA purchased on 31 May 80,000 own shares in the market at an average price of NOK 263.3117. The transaction is part of a buy-back program, authorized by the Annual General meeting held 13 May … Read the full press release →

Posted in Agriculture, Business, Environment, Financial, Government, Investment, Norway

Tagged , , , , ,

Rostelecom OJSC announced the coupon for its Series 16 bonds set at 7.5% per annum

Posted on 10, June 2013 by

10-6-2013 — /europawire.eu/ — Rostelecom OJSC (the “Group”) (MICEX – RTS: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, today announces that the coupon for its Series 16 bonds has been set at 7.5% per annum. The bonds, totalling a … Read the full press release →

Posted in Banks, Business, Financial, Investment, Russia, Telecom

Tagged , ,

Rostelecom OJSC started to pre-market its RUB 5 billion of series 16 bonds

Posted on 10, June 2013 by

Moscow, Russia, 10-6-2013 — /europawire.eu/ — Rostelecom OJSC (the “Group”) (MICEX – RTS: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, announces that it has started to pre-market its RUB 5 billion of series 16 bonds. The Company’s latest bond issue is … Read the full press release →

Posted in Banks, Business, Financial, Investment, Russia, Telecom

Tagged , , , , , , ,

Prime Minister David Cameron gave seal of approval to Diageo investment in renewables, whisky and skills

Posted on 10, June 2013 by

10-6-2013 — /europawire.eu/ — The Prime Minister, Rt Hon David Cameron MP, today (Friday 7th June, 2013) hammered home his support for the renewable energy revolution which is powering Scotch whisky export growth. The Prime Minister visited the Cameronbridge Distillery in … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Food & Beverage, Government, Industrial, Politics, Technology, United Kingdom

Tagged , , , , , , , , , , , , , , , , , ,

EIB comits €20 million to the Capital North Africa Venture Fund II

Posted on 10, June 2013 by

10-6-2013 — /europawire.eu/ — The EIB has committed €20 million to the Capital North Africa Venture Fund II (CNAV II), a Maghreb-focused generalist fund managed by the independent Casablanca-based private equity firm, Capital Invest. CNAV II has reached a first closing … Read the full press release →

Posted in Banks, Business, European Union, Financial, Government, Investment, Small Business

Tagged , , , , , , , , , , , , , , , , , , , , , , , ,

EC cleared the acquisition of Cocoa Ingredients Division of Petra Foods by Barry Callebaut

Posted on 7, June 2013 by

Brussels, 7-6-2013 — /europawire.eu/ —  The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the Cocoa Ingredients Division of Petra Foods Limited of Singapore by Barry Callebaut AG of Switzerland. The Commission’s investigation confirmed in particular … Read the full press release →

Posted in Belgium, Business, European Union, Food & Beverage, Government, Investment, Law, Switzerland

Tagged , , , , , , , , , , , ,

European Court of Auditors: Researchers looking to the EU for funding still face too much red tape

Posted on 7, June 2013 by

Luxembourg, 7-6-2013 — /europawire.eu/ —  The European Commission has taken a number of steps to bolster its management of the Seventh Framework Programme for Research (FP7), according to a new report from the European Court of Auditors (ECA). However, researchers seeking … Read the full press release →

Posted in Business, European Union, Financial, Government, Investment, Law, Luxembourg, Science

Tagged , , , , , , , , ,

Petrol d.d., Ljubljana now 100-percent owner of Nafta Geoterm d.o.o. from Lendava

Posted on 7, June 2013 by

Ljubljana, Lendava, 7-6-2013 — /europawire.eu/ — Today, Petrol d.d., Ljubljana became the 100-percent owner of Nafta Geoterm d.o.o. from Lendava. Over the next two years and a half, about EUR 4.5m is projected to be invested in the development of Nafta Geoterm’s … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Investment, Slovenia

Tagged , , ,

Virgin Rail Group demands improvements be made by Network Rail

Posted on 7, June 2013 by

7-6-2013 — /europawire.eu/ — Virgin Rail Group (VRG) today demanded that millions of pounds of customer-focussed improvements be made by Network Rail to compensate customers for poor punctuality in recent months. VRG, the owning group of Virgin Trains, is also preparing … Read the full press release →

Posted in Business, Infrastructure & Utilities, Transportation & Logistics, Travel, United Kingdom

Tagged , , , , , , ,

Rostelecom announced the first part of its LTE network in Sochi completed

Posted on 7, June 2013 by

Moscow, Russia, 7-6-2013 — /europawire.eu/ —Rostelecom OJSC (the “Group”) (MICEX – RTS: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, today announces that it has launched the first part of its LTE network in Sochi, thereby fulfilling its licensing requirements. Rostelecom … Read the full press release →

Posted in Business, Internet & Online, Russia, Technology, Telecom

Tagged , , , , , ,

KGHM Polska Miedź S.A. and Głogów County Region sign Agreement for sustainable development

Posted on 7, June 2013 by

7-6-2013 — /europawire.eu/ — Achievement of a stable and harmonious development of the region focusing on improving the quality of life of the current population and the next generations are the main goals of the Agreement of Głogów County and KGHM … Read the full press release →

Posted in Business, Environment, Industrial, Metals and Minerals, Poland

Tagged , , ,

The Brazilian Administrative Council for Economic Defence cleared Yara acquisition of Bunge’s fertilizer business in Brazil

Posted on 7, June 2013 by

Oslo, 7-6-2013 — /europawire.eu/ — The Brazilian Administrative Council for Economic Defence (CADE) has approved Yara’s acquisition of Bunge’s fertilizer business in Brazil, allowing Yara to proceed with completing the USD 750 million transaction and integration process. “This regulatory approval marks … Read the full press release →

Posted in Agriculture, Business, Chemicals, Financial, Government, Investment, Norway

Tagged , , , , , , , , ,

EESC conference: The credit crunch and shrinking savings: how to break the vicious circle to kick-start recovery?

Posted on 7, June 2013 by

7-6-2013 — /europawire.eu/ — Low credit offerings lead to low consumption levels, which in turn cause the economy to stagnate. That is the key problem of the current economic crisis. The EU needs to respond and reverse the trend, but one … Read the full press release →

Posted in Business, Economy, European Union, Financial, Government, Society

Tagged , , , , , , , , ,