Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Alstom awarded a contract to supply ground-breaking energy recovery system for London Underground

6-5-2013 — /europawire.eu/ — Alstom was awarded a contract by UK Power Networks Services  to supply its innovative Harmonic and Energy Saving Optimiser (HESOP) energy recovery system for the Victoria Line of the London Underground. The contract, worth about €1 million, … Read the full press release

Lyudmila Zalimskaya appointed TENEX’s new General Director

6-5-2013 — /europawire.eu/ — According to a decision by JSC Atomenergoprom, the sole shareholder of JSC TENEX, of 25 April 2013, Lyudmila Zalimskaya has been elected as TENEX’s new General Director, after serving as Acting General Director since October 2012. Ms Zalimskaya … Read the full press release

Grupa Azoty S.A. Management Board Change

The Change of the Chairman of the Management Board in Grupa Azoty S.A.  6-5-2013 — /europawire.eu/ — On 29th April 2013 the Supervisory Board of Grupa Azoty S.A. dismissed Mr Jerzy Marciniak, Chairman of the Management Board, as another step of … Read the full press release

Kepler, Crédit Agricole Cheuvreux merger creates Europe’s leading equity broker: Kepler Cheuvreux

Crédit Agricole CIB and UniCredit Bank AG each take a stake in the enlarged company Paris, 6-5-2013 — /europawire.eu/ — Crédit Agricole Corporate and Investment Bank (‘Crédit Agricole CIB’) and Kepler Capital Markets (‘Kepler’) are pleased to announce the legal … Read the full press release

The EC sent Statement of Objections to Motorola Mobility on potential misuse of mobile phone standard-essential patents

Brussels, 6-5-2013 — /europawire.eu/ — The European Commission has informed Motorola Mobility of its preliminary view that the company’s seeking and enforcing of an injunction against Apple in Germany on the basis of its mobile phone standard-essential patents (“SEPs”) amounts to an abuse … Read the full press release

Europe innovation: TECH800 turboshaft demonstration for future helicopter turboshaft engine

Brussels, 6-5-2013 — /europawire.eu/ — The official celebration of the first rotation of TECH800 turboshaft demonstrator took place on Friday 26 April, in Pau (France), in the presence of Siim Kallas, Commissioner for Transport and Vice-President of the European Commission, Eric Dautriat, Executive … Read the full press release

ABB to supply power transformers to Saudi Electricity Company, worth of $120M

Transformers to augment transmission grid and boost power supply to meet growing demand  Zurich, Switzerland, 6-5-2013 — /europawire.eu/ — ABB, the leading power and automation technology group, has won orders worth around $120 million from the Saudi Electricity Company, to supply … Read the full press release

Grupa Azoty to present Tarnamid® & Tarnoform® at PLASTPOL Kielce

Grupa Azoty invites to PLASTPOL Kielce planned for 7th to 10th June 2013 Pavillon E – fair stand 27 6-5-2013 — /europawire.eu/ — XVII Edition of the International Plastics and Rubber Fair PLASTPOL Kielce is one of the biggest events of … Read the full press release

The EC suspends Austrian plans to regulate high bandwidth of leased lines

Brussels, 6-5-2013 — /europawire.eu/ — The European Commission has expressed serious doubts over draft measure notified by the Austrian telecoms regulator (RTR) on the wholesale market for terminating segments of leased lines – the final part of the network. Leased lines are … Read the full press release

EC finds public co-financing of Uppsala arena in Sweden is in line with EU state aid rules

Brussels, 6-5-2013 — /europawire.eu/ —  The European Commission has concluded that the proposed public co-financing of a new multi-purpose arena in Uppsala, Sweden was in line with EU state aid rules. In particular, the Commission found that the public funding was … Read the full press release

Telenor Group partners with Boston-based Northeastern University on two projects within the use of ‘Big Data’ in telecommunication

Fornebu, Norway, 3-5-2013 — /europawire.eu/ — Telenor Group has recently signed a cooperation agreement with Northeastern University, a private research institution in Boston, USA. The cooperation will cover two projects within the use of ‘Big Data’ in telecommunication. “Our cooperation with Northeastern … Read the full press release

ECB Monetary policy decisions

3-5-2013 — /europawire.eu/ — At today’s meeting, which was held in Bratislava, the Governing Council of the ECB took the following monetary policy decisions: The interest rate on the main refinancing operations of the Eurosystem will be decreased by 25 basis … Read the full press release

UC RUSAL to modernise Alpart and Windalco, Jamaica

Moscow, 3-5-2013 — /europawire.eu/ — UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; Moscow Exchange: RUALR/RUALRS), the world’s largest aluminium producer, announces the start of modernisation of Alpart and Windalco (Ewarton and Kirkvine works) alumina refineries in Jamaica, which will include the full … Read the full press release

EC to investigate PSA Peugeot Citroën group restructuring plan

Brussels,  3-5-2013 — /europawire.eu/ — State aid: Commission opens an in-depth investigation into the restructuring of the PSA Peugeot Citroën group The European Commission has opened an in‑depth investigation to determine whether the PSA group’s restructuring plan is compatible with the European Union’s … Read the full press release

Safran Innovation Awards 2013

Paris, 3-5-2013 — /europawire.eu/ — Safran is building solid foundations for the future, based on its proven ability to innovate and develop products that offer higher and higher performance. As part of this continuous improvement approach, Safran organizes an annual competition allowing … Read the full press release

Rusatom Overseas looked for partners in a seminar organized in Budapest, Hungary

3-5-2013 — /europawire.eu/ — JSC Rusatom Overseas organized a seminar in Budapest on April 25, 2013 for Hungarian enterprises – potential suppliers of equipment and services for the projects of the State Corporation Rosatom (ROSATOM). Participants had the opportunity to get … Read the full press release

EC reopened inquiry into the tax aid awarded to Electricité de France following Court judgment

Brussels, 3-5-2013 — /europawire.eu/ — The European Commission has reopened an inquiry into certain tax measures for Electricité de France (EDF) related to the electricity grid. This follows a judgment handed down by the Court of Justice of the European Union (Case C-124/10 P) … Read the full press release

EADS implements new organizational set-up of its corporate communications department

Toulouse,  3-5-2013 — /europawire.eu/ — EADS is implementing a new organizational set-up of its Corporate Communications department. The department will increase its focus on international growth markets as well as ensuring a more efficient information flow throughout the Group, thus providing … Read the full press release

Alstom Grid Spain approved by the Department of Industry for SF6 gas handling and recovery

3-5-2013 — /europawire.eu/ — Alstom Grid in Spain has been approved by the Department of Industry in the Community of Madrid as a training centre for the course ” SF6 gas recovery in high voltage equipment”. Since January 2013, this course … Read the full press release

La Commission ordonne à la France de recouvrer certaines aides incompatibles reçues par la SNCM

Brussels, 3-5-2013 — /europawire.eu/ — Aides d’État: la Commission ordonne à la France de recouvrer certaines aides incompatibles reçues par la SNCM. 1. Quelle est l’approche de la Commission concernant les compensations de service public ? Les services d’intérêt général sont indispensables à … Read the full press release