Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Volkswagen of America, Inc. (VWoA) delivered 27,112 units in February 2014

• February sales total 27,112 units • Jetta Sedan delivered 10,597 units for the month • Passat delivered 6,997 units for the month • Tiguan delivered 2,019 units for the month • High-mileage, TDI® Clean Diesel models accounted for 16.8 … Read the full press release

Latvia joins ESM: Latvian Finance Minister Andris Vilks and ESM Director Klaus Regling met in Riga

RIGA, Latvia, 4-3-2014 — /EuropaWire/ — On the occasion of the forthcoming accession of the Republic of Latvia to the European Stability Mechanism (ESM), the Latvian Finance Minister Andris Vilks and ESM Managing Director Klaus Regling met today in Riga. At the … Read the full press release

Eurogroup’s Jeroen Dijsselbloem: peer pressure among ministers can stimulate economic growth and fight youth unemployment in Europe

BILBAO, Spain, 4-3-2014 — /EuropaWire/ — Peer pressure among ministers and best practices are useful tools to stimulate economic growth and fight youth unemployment in Europe, according to the President of the Eurogroup, Jeroen Dijsselbloem. He was speaking at the Stability … Read the full press release

EBRD President Sir Suma Chakrabarti visits New Zealand and Australia for high-level political and business meetings

Underscores drive to seek new investment sources for emerging economies LONDON, 3-3-2014 — /EuropaWire/ — EBRD President Sir Suma Chakrabarti travels to New Zealand and Australia in the first week of March for high-level political and business meetings aimed at strengthening the Bank’s links … Read the full press release

EPO partners with ASEAN Member States Intellectual Property Offices over establishing institutional framework for structured co-operation on patents

Siem Reap, Cambodia, 3-3-2014 — /EuropaWire/ — The nine Heads of ASEAN Member States Intellectual Property Offices (AMS-IPOs) and EPO President Benoît Battistelli signed their first regional Memorandum of Co-operation (MoC) today on Industrial Property with the overall aim of establishing … Read the full press release

EIB to provide EUR 220m loan to Johnson Controls for eco-friendly automotive equipment

Luxembourg, 3-3-2014 — /EuropaWire/ — Johnson Controls, a global multi-industrial company with established core businesses in the automotive, building and energy storage industries, is strengthening its research and development in the field of eco-friendly automotive equipment. The European Investment Bank … Read the full press release

UK Department for Business, Innovation and Skills owned Wave Hub welcomes Finnish multi-national utilities firm Fortum

Hayle, UK, 28-2-2014 — /EuropaWire/ — Finnish multi-national utilities firm Fortum has signed an agreement to secure a berth at Wave Hub, the offshore renewable energy test facility in Cornwall, it was announced today. The leasing agreement gives Fortum the opportunity to … Read the full press release

Fortum to refurbish two of the Imatra hydropower plant’s seven units

Helsinki, Finland, 28-2-2014 — /EuropaWire/ — Fortum is carrying out extensive refurbishment of two of the Imatra hydropower plant’s seven units. The refurbishment will increase the capacity of the power plant to 192 megawatts and will improve safety and reliability. After … Read the full press release

Fortum signed leasing agreement with UK-based Wave Hub to test wave power solutions off the coast of Cornwall

Helsinki, Finland, 28-2-2014 — /EuropaWire/ — Fortum has signed a leasing agreement with the UK-based Wave Hub in order to test wave power solutions off the coast of Cornwall. The agreement provides Fortum with a new opportunity to rapidly deploy advanced, full-scale wave power converters … Read the full press release

Vattenfall to sell Vattenfall Europe PowerConsult GmbH to the Private Equity Investor Palero capital GmbH

Stockholm, Sweden, 28-2-2014 — /EuropaWire/ — Vattenfall has decided to sell Vattenfall Europe PowerConsult GmbH, (VPC, a leading engineering and laboratory services company with overall 535 employees) to the Private Equity Investor Palero capital GmbH. The parties have agreed not to … Read the full press release

Europe’s largest copper producer Aurubis reported on past fiscal year results to 1,500 shareholders and guests in Hamburg

Hamburg, Germany, 28-2-2014 — /EuropaWire/ — “Operating earnings before taxes in fiscal year 2012/13 amounted to € 114 million. Earnings in accordance with IFRS were minus € 230 million. The Group’s key figures reflect a split situation: return on capital employed … Read the full press release

ANDRITZ GROUP reports 5,710.8 MEUR sales in 2013, up 10.3% YoY

Graz, Austria, 28-2-2014 — /EuropaWire/ — International technology Group ANDRITZ looks back on a disappointing 2013 business year. Although the HYDRO and METALS (including Schuler) business areas saw very positive development, the results of the PULP & PAPER and SEPARATION business … Read the full press release

ANDRITZ to supply electromechanical equipment for the new Lauca hydropower plant in Angola via Construtora Norberto Odebrecht to GAMEK

Graz, Austria, 28-2-2014 — /EuropaWire/ — International technology Group ANDRITZ is to supply the electromechanical equipment for the new Lauca hydropower plant, Angola, via Construtora Norberto Odebrecht to GAMEK (Gabinete de Aproveitamento do Medio Kwanza), a part of the Angolan power corporation … Read the full press release

Novartis shareholders approved Novartis Board of Directors’ proposed resolutions at the Group’s AGM

Shareholders approve 17th consecutive dividend increase to CHF 2.45 (+7%) per share for 2013, representing a payout of approximately 74% of net income from continuing operations Dr. Joerg Reinhardt confirmed by shareholders as Chairman of the Novartis Board of Directors … Read the full press release

SAP AG invites press, bloggers and analysts to attend its press conference at CeBIT 2014, March 10-14 in Hanover, Germany

HANOVER, Germany, 27-2-2014 — /EuropaWire/ — SAP AG (NYSE: SAP) invites press, bloggers and analysts to attend its press conference at CeBIT 2014, being held March 10-14 in Hanover, Germany. The press conference will be led by Bill McDermott, co-CEO and member of the … Read the full press release

SAP AG and BMW Group Research and Technology developed innovative technology infrastructure for in-vehicle mobility services

BARCELONA, Spain, 27-2-2014 — /EuropaWire/ — As part of a co-innovation project, SAP AG (NYSE: SAP) and BMW Group Research and Technology have developed an innovative technology infrastructure for in-vehicle mobility services. The research prototype is based on the SAP HANA® Cloud Platform and will provide … Read the full press release

SAP AG signed with STC to implement SAP® solutions for network life-cycle management (NLM) to improve network operations

BARCELONA, Spain, 27-2-2014 — /EuropaWire/ — SAP AG (NYSE: SAP) today announced that it has signed an agreement with STC, the largest telecommunication services provider in the Middle East and North Africa, to implement SAP® solutions for network life-cycle management (NLM) to … Read the full press release

ESET researchers discovered Bitcoin-stealing malware being spread via cracked apps

Bratislava, Slovakia, 27-2-2014 — /EuropaWire/ — ESET®, the global leader in proactive digital protection, today warn Mac users not to download pirated software from file-sharing peer-to-peer networks, as ESET researchers have discovered Bitcoin-stealing malware being spread via cracked apps. The OSX/CoinThief trojan … Read the full press release

The British Columbia Centre for Excellence in HIV/AIDS at St. Paul’s Hospital to launch powerful Big Data technology with the help of PHEMI Health Systems and SAP AG

VANCOUVER, Canada, 25-2-2014 — /EuropaWire/ — The British Columbia Centre for Excellence in HIV /AIDS at St. Paul’s Hospital is pioneering new technology from PHEMI Health Systems and SAP AG (NYSE: SAP) to accelerate the treatment and improve the outcome for patients diagnosed with … Read the full press release

SAP® Mobile Inclusive Banking solution successfully implemented in U Microfinance Bank Limited’s mobile banking service in Pakistan

BARCELONA, Spain, 25-2-2014 — /EuropaWire/ — Upaisa Brings Financial Inclusion to More Than 17,000 Customers, Enabling Them to Manage and Track Financial Activity as well as Save, Transfer and Pay in a Safer, More Convenient Environment BARCELONA, Spain – SAP AG (NYSE: SAP) … Read the full press release