Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Hilti issues safety alert regarding non-Hilti cartridges of inferior quality

31-5-2013 — /europawire.eu/ — Hilti powder actuated fastening systems have been successfully used on construction sites around the globe for over 60 years. Safety of personnel is essential for us. Inferior quality cartridges can burn uncleanly and create a build-up of … Read the full press release

Report: EU-funded Eco-innovative SMEs produce above average returns

Brussels, 31-5-2013 — /europawire.eu/ —  Investment in SMEs working in the area of environmentally innovative technologies is producing above average returns, creating valuable jobs and also alleviating environmental impacts, according to a new report. The performance of young SMEs funded over … Read the full press release

Transport group Stagecoach confirmed the appointment of two Managing Directors at its UK Bus division

31-5-2013 — /europawire.eu/ — Philip Norwell, currently Commercial Director, Stagecoach East, will take on the role of Managing Director, Stagecoach South East from 1 September following the announcement that current South East Managing Director Paul Southgate is to retire on 1 … Read the full press release

European Investment Bank to provide EUR 100m for key investments in Cyprus

Nicosia, 31-5-2013 — /europawire.eu/ — The European Investment Bank (EIB) is to provide EUR 100 million for key investments in Cyprus. The loan will be used to part-finance investments totalling EUR 1 177 million in areas identified under the National Strategic Reference Framework … Read the full press release

Wood Group PSN (WGPSN) extends UK duty holder and management services contract

31-5-2013 — /europawire.eu/ — Wood Group PSN (WGPSN) will continue to provide duty holder and asset management services to the Hummingbird Spirit floating storage offloading production (FPSO) vessel, under a new contract extension from Teekay. Effective from April 2013, the contract … Read the full press release

Siim Kallas at European Sea Ports Conference in Varna: Making the most of Europe’s ports to drive trade and growth

European Sea Ports Conference, Varna 31-5-2013 — /europawire.eu/ —  Ladies and gentlemen, It’s a pleasure to be back at ESPO’s conference and speak at such a vital time for Europe’s port community. One year ago, in Sopot, we were still in the … Read the full press release

Alstom, Transmashholding to develop Russia’s first dual-voltage electric freight locomotive for the Russian Railways

31-5-2013 — /europawire.eu/ — Alstom, its Russian partner Transmashholding (TMH) and the Russian Railways (RZD) have entered into an agreement for the development of the first Russian dual-voltage freight locomotive called “2ES20”. The dual-voltage, double-section mainline electric locomotive with asynchronous traction drive, will … Read the full press release

Eurocopter unveils the next-generation VIP versions of EC175 helicopters

Eurocopter today set new standards in business and private aviation by unveiling the next-generation EC175 helicopter in its Executive and VIP versions, which combine unparalleled elements of style and comfort with the largest cabin of any medium-sized twin-engine helicopter. Geneva, … Read the full press release

Neelie Kroes: The politics of the completing the telecoms single market

Internal Market and Consumer Protection (IMCO) Committee, European Parliament /Brussels Brussels, 30-5-2013 — /europawire.eu/ — To add your comment to this speech, see the social version of the speech here I am going to do something unusual today. Instead of delivering the … Read the full press release

Leading Turkish farm tractors manufacturer received financing from EBRD

A new tractor plant and a more powerful engine for regional agriculture 30-5-2013 — /europawire.eu/ — A new tractor plant and a more efficient tractor engine will be built in Turkey with a loan from the European Bank for Reconstruction and … Read the full press release

Saxo Bank launched Trade Navigator on TradingFloor.com

30-5-2013 — /europawire.eu/ — Saxo Bank, the multi-asset online trading and investment specialist, has launched Trade Navigator on TradingFloor.com, a new trading tool that provides daily technical insight into around 200 instruments. By amalgamating several known and widely used technical indicators … Read the full press release

Dassault Falcon Jet plans to increase the size of its completion center in Little Rock, Arkansas

Little Rock, Arkansas, 30-5-2013 — /europawire.eu/ — Dassault Falcon Jet plans to increase the size of its completion center in Little Rock, Arkansas to accommodate future Falcons, it was announced today at a press conference attended by Governor Mike Beebe of … Read the full press release

U.S. FTC antitrust clearance for Bayer’s offer to acquire Conceptus, Inc. of California

Offer expires at midnight on June 4/5, 2013 Leverkusen,  30-5-2013 — /europawire.eu/ — Antitrust clearance from the US Federal Trade Commission (FTC) was obtained with respect to Bayer’s acquisition of Conceptus, Inc., Mountain View, California (NASDAQ:CPTS). The FTC raised no objection … Read the full press release

EU27 2012 CO2 emissions expected to have decreased by 2.1% YoY

Early estimates of CO2 emissions from energy use 30-5-2013 — /europawire.eu/ — Eurostat estimates that in 2012 carbon dioxide (CO2) emissions from fossil fuel combustion decreased by 2.1% in the EU27, compared with the previous year1, after a fall of 4.1% in 2011. … Read the full press release

Alstom acquired Canadian substation automation solutions company ASAT Solutions Inc.

30-5-2013 — /europawire.eu/ — Alstom Grid has closed the acquisition of ASAT Solutions Inc. (ASAT), a Calgary, Alberta, Canada based substation automation solutions provider. ASAT is a Smart Grid technology company that specializes in managing, securing, and delivering substation information for … Read the full press release

EC recommends to the Council to abrogate Excessive Deficit Procedure for 5 EU member states

Brussels, 30-5-2013 — /europawire.eu/ —  Commission takes steps under the Excessive Deficit Procedure.   Which decisions has the Commission taken today as regards the Excessive Deficit Procedure? The Commission has today recommended that the Council abrogate the Excessive Deficit Procedure (EDP) … Read the full press release

Jean-Yves Grandidier of French Wind Power Association: France to invest in large-scale offshore wind power off the coast of Normandy and Brittany

At the National Wind Energy Conference in Kalmar of 22-23 May Jean-Yves Grandidier, Secretary-General of FEE (French Wind Power Association), presented the French program for offshore wind power 30-5-2013 — /europawire.eu/ — Under the theme “Offshore Wind Power Creates regional growth in France” … Read the full press release

EC announced the first projects as part of new EU Electronics strategy

Brussels, 30-5-2013 — /europawire.eu/ — The European Commission is today announcing a collection of five major projects, to boost Europe’s manufacturing competitiveness by bringing research closer to industrial needs. These projects are the first steps in putting into effect the European Electronics strategy … Read the full press release

Eckart von Klaeden to become Head of External Affairs at Daimler AG

Stuttgart, 30-5-2013 — /europawire.eu/ — Eckart von Klaeden (47) will succeed to Martin Jäger (48) as Head of External Affairs at Daimler AG, Stuttgart. Martin Jäger will leave the company and will become the German Ambassador to Afghanistan in September 2013. … Read the full press release

Car sharing company car2go expands its business area in London

New Business Area of 100 square miles (about 250 square kilometres) starting in June 500 smart cars ready to rent on-demand Parking in all legal and unrestricted free-parking areas – in Islington and Sutton also on metered or pay station … Read the full press release