Category Archives: Business

Business Press Releases & News distributed via EuropaWire

EIB provides EUR 140m loan to Elektrocieplownia Stalowa Wola, Poland

14-5-2013 — /europawire.eu/ —  The European Investment Bank (EIB) is providing a PLN 566m (some EUR 140m) loan to Elektrocieplownia Stalowa Wola for the construction of a combined cycle gas turbine (CCGT) power station with an electric capacity of 450 … Read the full press release

Sapa joint venture deal between Orkla ASA & Norsk Hydro ASA cleared by the EU Commission

14-5-2013 — /europawire.eu/ — The EU Commission has today approved the transaction between Norsk Hydro ASA and Orkla ASA to form a 50/50 joint venture, to be named Sapa. Pending necessary approval from Chinese competition authorities, the parties expect the transaction … Read the full press release

Airbus, Air Canada and BioFuelNet Canada partner for the production of sustainable alternative jet fuels

Existing and emerging solutions being studied for Canadian aviation Blagnac, 14-5-2013 — /europawire.eu/ — Airbus, Air Canada and BioFuelNet Canada, hosted by Montreal’s McGill University, have formed a partnership to assess Canadian solutions for the production of sustainable alternative jet fuels with … Read the full press release

EC clears Banco CEISS restructuring plan

Brussels, 14-5-2013 — /europawire.eu/ — The European Commission has concluded that a modification to Banco CEISS’ restructuring plan, opening the door for an acquisition of the bank by Unicaja Banco, is in line with EU state aid rules. In particular, the Commission … Read the full press release

EADS Reports Improved Q1 2013 Results, Full Year 2013 Guidance Reaffirmed

• Revenues increase 9 percent to € 12.4 billion  • EBIT* before one-off rises 56 percent to € 741 million • Net Income rises 91 percent to € 241 million Amsterdam 14-5-2013 — /europawire.eu/ — EADS (stock exchange symbol: EAD) achieved … Read the full press release

EC suggests 4 options for the future of 1 and 2 euro cent coins

Brussels, 14-5-2013 — /europawire.eu/ — The Commission has suggested four possible scenarios for the future issuance or withdrawal of 1 and 2 euro cent coins. The Communication adopted today responds to a request from the European Parliament and the Council of Ministers … Read the full press release

Turboprop aircraft manufacturer ATR’s newest ATR ‘-600 series’ aircraft certified by the American Federal Aviation Administration

Toulouse, 13-5-2013 — /europawire.eu/ — Turboprop aircraft manufacturer ATR is pleased to announce that the newest ATR ‘-600 series’ aircraft have just received their certification from the FAA, the American Federal Aviation Administration. This certification, for both the ATR 42-600 and the … Read the full press release

Cyprus bailout debate with Olli Rehn & Jorg Asmussen

MEPs dissect Cyprus bailout with Messrs Rehn and Asmussen 13-5-2013 — /europawire.eu/ — The confusion and delay that surrounded decisions on the Cyprus assistance plan were not only due to Cypriot intransigence. Rather, they reveal a need to radically rethink Eurogroup … Read the full press release

EBRD loans EUR 9.5 m to Turkish broadband internet and fixed telephony provider TurkNet

13-5-2013 — /europawire.eu/ — The EBRD is lending to a dynamic independent provider of broadband internet and fixed telephony services to help it grow and deliver better services to more subscribers. The long-term Turkish lira loan worth EUR 9.5 million will … Read the full press release

Daimler Trucks continues to expand its presence in new growth markets

Daimler Trucks Bundles Asia Business for Further Growth The “Asia Business Model” will tap into the full synergy potential of Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Daimler India Commercial Vehicles (DICV) Kawasaki and Chennai plants positioned as important Daimler … Read the full press release

Alstom UK released its final year figures, fourth year in a row the division tops the £1bn mark sales

13-5-2013 — /europawire.eu/ — International engineering firm Alstom, which employs around 6,500 people in the UK, has released its final year figures and given details of the number of open vacancies it has. The UK arm of the company, which has … Read the full press release

New Alstom service centre for tramways hydraulic brakes in Madrid

13-5-2013 — /europawire.eu/ — Alstom has inaugurated in Madrid a Lead Service Centre specialised in tramway equipment overhauls and repairs within its business area Transport Life Services (TLS). This new centre will focus its industrial activities on overhauls and repairs of … Read the full press release

ABB & Jiangsu Jingke formed joint venture in China

New joint venture to produce high voltage instrument transformers to serve growing demand Zurich, Switzerland,  13-5-2013 — /europawire.eu/ — ABB, the leading power and automation technology group has entered into an agreement with Jiangsu Jingke Smart Electric Company in China to … Read the full press release

2nd European Union SME eHealth Competition Awards

Brussels, 13-5-2013 — /europawire.eu/ — European Commission Vice-President Neelie Kroes has awarded prizes to eHealth SMEs from Finland, Germany, Italy, Netherlands, Switzerland and United Kingdom as part of eHealth Week 2013 in Dublin, Ireland. The winners of the 2nd EU SME eHealth Competition came up with … Read the full press release

Voith placed a follow-up order with MAN for a further 68 D2876 rail engines to be used in Brazil

13-5-2013 — /europawire.eu/ — Voith continues to opt for efficient MAN engines in the rail sector: the drive systems manufacturer has placed a follow-up order with MAN for a further 68 D2876 rail engines that will be used in Brazil and … Read the full press release

EC approved the merger between Norsk Hydro ASA and Sapa Holding AB, subject to conditions

Brussels, 13-5-2013 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed creation of a joint venture between Norsk Hydro ASA and Orkla ASA’s wholly-owned subsidiary Sapa Holding AB, both Norwegian companies active in the soft-alloy aluminium extrusions … Read the full press release

Sixt startet mit starkem Partner in Nigeria

Erfahrener Franchisepartner mit hochwertiger Fahrzeug-Flotte Umfassendes Mobilitätsangebot für Geschäftsreisende  Pullach, 13-5-2013 — /europawire.eu/ — Sixt geht in Nigeria mit einem starken Partner an den Start: Seit dem 1. Mai 2013 bietet das Unternehmen in dem westafrikanischen Staat flexible und bequeme Mobilitätsdienstleistungen … Read the full press release

EC rolls out Action Plan to revitalise the marine and maritime economy in the Atlantic Ocean Area

Brussels, 13-5-2013 — /europawire.eu/ — The European Commission has today adopted an Action Plan to revitalise the marine and maritime economy in the Atlantic Ocean Area. The Action Plan follows from the Atlantic Strategy the Commission adopted in 2011 (see IP/11/1456). It aims … Read the full press release

ETSI publishes first specification for Ultra Low Energy DECT – and expects to lead the field in the M2M market

ETSI Headquarters, Sophia Antipolis, France, 13-5-2013 — /europawire.eu/ — ETSI has published the first Technical Specification (TS 102 939-1) on DECT ULE (Ultra Low Energy), a low power consumption radio technology intended for home automation and other Machine-to-Machine (M2M) applications. DECT ULE is … Read the full press release

The EIB Group to increase its support to SMEs for the period 2013 to 2015 thanks to the EIB’s capital increase agreed in 2012

13-5-2013 — /europawire.eu/ — It is vital that small and medium-sized businesses are able to invest, even during a downturn. The EIB Group (EIB and EIF) is increasing its support to SMEs for the period 2013 to 2015 thanks to … Read the full press release