Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Key management team changes at Virgin Rail Group

London, UK, 10-10-2013 — /EuropaWire/ — Virgin Rail Group (VRG) today (7 October 2013) confirmed details of its management team moving forward as Tony Collins, Chief Executive Officer and Chris Gibb, Chief Operating Officer  announced plans to retire after combined service of … Read the full press release

UK Science and Universities Minister David Willetts announced £186M investment package for technologies of the future

London, UK, 10-10-2013 — /EuropaWire/ — A package of investment in the 8 great technologies of the future will accelerate high-tech progress from the lab to the marketplace and help drive UK economic growth, Science and Universities Minister David Willetts announced. In … Read the full press release

AstraZeneca’s global biologics research and development arm MedImmune completed its acquisition of US-based Amplimmune for $225M plus $275M based on predetermined milestones

London, United Kingdom, 10-10-2013 — /EuropaWire/ — AstraZeneca today announced that on 4 October MedImmune, its global biologics research and development arm, completed its acquisition of Amplimmune, a privately-held, US-based biologics company focused on developing novel therapeutics in cancer immunology. As previously announced, … Read the full press release

AstraZeneca: temporary injunction against the US launch of Hanmi’s 505(b)2 NDA esomeprazole strontium lifted by Court of Appeals for the Federal Circuit (CAFC)

London, United Kingdom, 10-10-2013 — /EuropaWire/ — AstraZeneca today announced that the US Court of Appeals for the Federal Circuit (CAFC) lifted a temporary injunction against the US launch of Hanmi’s 505(b)2 NDA esomeprazole strontium product. AstraZeneca’s CAFC appeal of claim construction … Read the full press release

VINCI Construction-led consortium awarded €320M worth contract to execute the underground works for Line B of the Rennes metro in France

Rueil-Malmaison, France, 10-10-2013 — /EuropaWire/ — The consortium led by Dodin Campenon Bernard (VINCI Construction) and including GTM Ouest and Botte Fondations, both subsidiaries of VINCI Construction France, as well as Spie Batignolles TPCI, Spie Fondations and Legendre Génie Civil, has been … Read the full press release

Munich-based Railpool GmbH appointed Torsten Lehnert and Thorsten Priebe to its management team

Hamburg, Kiel Frankfurt, Munich, Germany, 09-10-2013 — /EuropaWire/ — The Munich-based Railpool GmbH is expanding its management team. The two shareholders of the company, HSH Nordbank and KfW IPEX-Bank, have appointed Torsten Lehnert and Thorsten Priebe to the management team as at … Read the full press release

Jaguar Land Rover UK announced record September 2013 sales with retail figures up 13 per cent YoY

Whitley, Coventry, UK, 09-10-2013 — /EuropaWire/ — Whitley 4th October 2013. Jaguar Land Rover UK is celebrating record September sales with retail figures up 13 per cent year-to-date over the same period last year. Land Rover had its best ever September month of … Read the full press release

John Edwards appointed Managing Director of the newly created Individual Products Division at Jaguar Land Rover

Whitley, Coventry, UK, 09-10-2013 — /EuropaWire/ — Jaguar Land Rover has appointed John Edwards into the role of Managing Director of the newly created Individual Products Division with immediate effect. The new division will be responsible for designing and creating a portfolio … Read the full press release

Marks & Spencer’s Cheshire Oaks store highlighted by UK’s innovation agency the Technology Strategy Board in its comprehensive and independent post-occupancy evaluation (POE)

London, UK, 09-10-2013 — /EuropaWire/ — UK’s innovation agency, Technology Strategy Board, commends first-year performance of M&S sustainable learning store Marks & Spencer’s (M&S) Cheshire Oaks store has been highlighted by the UK’s innovation agency, the Technology Strategy Board as a “star project, … Read the full press release

Hexagon announced it acquired hydrographic / topographic software and systems company Airborne Hydrography AB

Stockholm, Sweden, 09-10-2013 — /EuropaWire/ — Hexagon AB, leading global provider of design, measurement and visualization solutions, has entered into an agreement to acquire Airborne Hydrography AB (AHAB), a provider of airborne laser survey systems for hydrographic and topographic surveys. Founded in … Read the full press release

IBERDROLA’s US subsidiary IBERDROLA RENEWABLES LLC started development of its 75.9 MW Wild Meadows wind farm project in New Hampshire, USA

The Company, which hopes to invest $150 million, expects to file for state approval in the coming months The Company recently approved a 15-year power purchase agreement (PPA) with Massachusetts utilities The  75.9 megawatt (MW) project could contribute $1.6 million … Read the full press release

Hexagon AB to acquire Brazil based mining industry software company Devex

Stockholm, Sweden, 09-10-2013 — /EuropaWire/ — Hexagon AB, leading global provider of design, measurement and visualisation solutions, has signed an agreement to acquire Devex, a leading player in the field of automation solutions for mining operations. Devex is a Brazilian company with … Read the full press release

Uljanik shipyard announced the keel for yard 503 was laid on Wednesday 2nd October 2013

Pula, Croatia, 09-10-2013 — /EuropaWire/ — On Wednesday 2nd October 2013 on slipway No.1 of Uljanik shipyard the keel for yard 503 was laid. This is the first of four contracted ferries (newbuildings 503 to 506) constructed by ULJANIK Shipyard for the … Read the full press release

HSH Nordbank AG divested its 25% equity holding in Northern Diabolo

Hamburg/Kiel, Germany, 09-10-2013 — /EuropaWire/ — HSH Nordbank has successfully sold its 25% stake in Northern Diabolo. In 2007, the Bank financed the rail track linking Brussels Airport to the Belgian long-distance railway system – and thus one of the country’s most … Read the full press release

Kingfisher Future Homes announced the launch of the Kingfisher iQE Alliance Partnership at Loughborough University

Loughborough, United Kingdom, 09-10-2013 — /EuropaWire/ — Kingfisher Future Homes is delighted to announce the official launch of the Kingfisher iQE Alliance Partnership, which took place at Loughborough University on Wednesday 25th September 2013. The launch event also marked three important milestones in … Read the full press release

EIB to provide €50M loan to Municipality of Sofia, Bulgaria in support of transport infrastructure projects

Luxembourg/Sofia,  08-10-2013 — /EuropaWire/ — The European Investment Bank (EIB) and the Municipality of Sofia today signed a new loan agreement of EUR 50 million to support the implementation of the Bulgarian capital city’s master plan. The loan will finance a transport … Read the full press release

Air France announced lots of surprises for customers to celebrate its 80th anniversary

France, 08-10-2013 — /EuropaWire/ — On 7 October 1933 at 4pm, Air France was officially inaugurated at La Bourget airport, by the Air Transport Minister Pierre Cot. The new airline was formed from the merger of Air Orient, Air Union, Société Générale de Transports … Read the full press release

Russian State Corporation Vnesheconombank and United Company RUSAL signed Memorandum of Intent aimed at restructuring RUSAL’s unprofitable plants

Moscow, Russia, 08-10-2013 — /EuropaWire/ — State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ and United Company RUSAL entered into a Memorandum of Intent. The Memorandum provides for enhancing cooperation aimed at restructuring RUSAL’s unprofitable plants. The parties intend to … Read the full press release

DB Schenker Logistics recognized by Gartner as ‘Leader’ in the Gartner Magic Quadrant for Global Third-Party Logistics Providers (3PL) report

Berlin/Frankfurt, Germany, 08-10-2013 — /EuropaWire/ — Gartner, Inc., the world’s leading information technology research and advisory company, recognized DB Schenker Contract Logistics as a ‘Leader’ in the Gartner Magic Quadrant for Global Third-Party Logistics Providers (3PL) report (by Greg Aimi, James Lisica), … Read the full press release

H&M opened its first store in Indonesia (Gandaria City, Jakarta)

Jakarta, Indonesia, 08-10-2013 — /EuropaWire/ — Today, more than 1,500 H&M fans lined up for several hours outside Indonesia’s first store at Gandaria City, Jakarta, in anticipation of the Swedish fashion retailer throwing its doors open at 10am. Par Darj, Head of … Read the full press release