Category Archives: Business

Business Press Releases & News distributed via EuropaWire

ArcelorMittal, Nippon Steel & Sumitomo Metal Corporation close the acquisition of ThyssenKrupp Steel USA

Luxembourg, 8-3-2014 — /EuropaWire/ — ArcelorMittal, together with Nippon Steel & Sumitomo Metal Corporation (“NSSMC”), today announces that it has completed the acquisition of ThyssenKrupp Steel USA (“TK Steel USA”), a steel processing plant in Calvert, Alabama, having received all necessary regulatory … Read the full press release

Aviva plc redemption notification: £200m and €50m Fixed/Floating Rate Subordinated Notes due 2019

LONDON, 8-3-2014 — /EuropaWire/ — Aviva plc (the “Issuer”) wishes to announce that notification has been given to the holders of £200m 10.6725% Fixed/Floating Rate Subordinated Notes due 2019 (ISIN: XS0421292755) (the “£200m Notes”) that it shall redeem the £200m Notes in … Read the full press release

Lloyds Banking Group announced its involvement in government-backed initiative Trailblazer Apprenticeships

LONDON, 6-3-2014 — /EuropaWire/ — Lloyds Banking Group is re-emphasising its commitment to Apprenticeships at 10 Downing Street today, at an event to announce its involvement in Trailblazers, a new government-backed scheme to directly involve employers in the development of improved Apprenticeship … Read the full press release

Lloyds Banking Group to provide £1m per year to Credit Unions as part of its commitment to provide leadership in the area of financial inclusion

LONDON, 6-3-2014 — /EuropaWire/ — Lloyds Banking Group to provide £1m per year to Credit Unions as part of its commitment to provide leadership in the area of financial inclusion Lloyds Banking Group commits £1m to Credit Unions per year Lloyds Banking … Read the full press release

Lloyds Banking Group revealed seven separate public commitments to address some of the big issues facing Britain today

LONDON, 6-3-2014 — /EuropaWire/ — Lloyds Banking Group revealed seven separate public commitments to address some of the big issues facing Britain today Helping Britain Prosper Plan: Today, for the first time, Lloyds Banking Group has revealed seven separate and significant public … Read the full press release

Enel Green Power completed construction of the second plant of its “Cristal” wind power complex in Morro do Chapéu (Bahia), Brazil

The wind farm has an installed capacity of 30 MW and is capable of generating more than 145 million kWh per year  It is the second plant of the “Cristal” wind power complex (total installed capacity of 90 MW) to … Read the full press release

Mercedes-Benz sold 104,968 units in February, growth of 16.5%

Mercedes-Benz sold 104,968 vehicles in February. Ola Källenius: “We are keeping up the high momentum of the previous months.” Sales increases in all regions E-Class and S-Class show particularly high growth. Stuttgart, Germany, 6-3-2014 — /EuropaWire/ — Mercedes-Benz sold 104,968 units in … Read the full press release

Bentley unveiled suite of luxury specification updates to its Continental family of grand tourers at the Salon International De L’auto 2014

Even greater performance for flagship Continental GT Speed: the fastest production Bentley ever Inspired new styling, comfort and technology specifications for Continental family New Flying Spur luxury sedan attracts new customers with V8 power Mulsanne flagship adds even more comfort … Read the full press release

SEAT presentation of its new SEAT Mii by MANGO in Geneva captured attention of international media

Geneva, Switzerland, 5-3-2014 — /EuropaWire/ — SEAT has finally revealed its best-kept secret. On the first day of the Geneva Motor Show, Lady SEAT has cast off her 250-square-metre skirt to reveal the new SEAT Mii by MANGO, a special edition of … Read the full press release

Dr. Josef Fidelis Senn appointed President and CEO of Volkswagen Argentina

Pacheco, Argentina / Wolfsburg, Germany, 5-3-2014 — /EuropaWire/ — Dr. Josef Fidelis Senn (57) has been appointed President and CEO of Volkswagen Argentina. He succeeds Emilio Saenz (51), who has become Chairman of the Board of Management and Plant Manager of Volkswagen … Read the full press release

Volkswagen T-ROC concept car with two removable roof halves debuts at Geneva International Motor Show

Volkswagen concept car provides preview of new SUV range Wolfsburg, Germany / Geneva, Switzerland, 5-3-2014 — /EuropaWire/ — On the evening before the Geneva International Motor Show the Volkswagen Group traditionally presents its highlights. With the world première of the T-ROC concept … Read the full press release

Six world premieres for Volkswagen presented at Geneva Motor Show 2014

T-ROC study offers a glimpse of the new SUV series New Golf GTE with plug-in hybrid system Scirocco with a new design and engines Presentation of the Polo BlueMotion, Polo BlueGT and CrossPolo based on the new Polo Wolfsburg, Germany … Read the full press release

Scania to restructure its bus operations with the launch of new efficiency programme

Södertälje, Sweden, 5-3-2014 — /EuropaWire/ — Scania will launch an efficiency programme with the aim of ensuring profitability in its city bus operations, which will generate annual cost savings of SEK 70 million. Negotiations have been initiated with trade unions in order … Read the full press release

Scania’s North American service network now comprised of more than 300 service points in U.S. and Canada

San Antonio, TX, 5-3-2014 — /EuropaWire/ — Over the last three years, Scania has continued the expansion of its service network in North America, which is now comprised of more than 300 service points for Scania industrial and marine engines in the … Read the full press release

Sovcomflot’s new ice-class LNG carrier features multiple MAN 51/60DF engines

Ice-class LNG carrier features multiple MAN 51/60DF engines Copenhagen, Denmark, 5-3-2014 — /EuropaWire/ — Sovcomflot, Russia’s largest shipping company, has taken delivery of its latest LNG carrier – the ‘Velikiy Novgorod’ – from South Korea’s STX Offshore & Shipbuilding. The ship is … Read the full press release

METRO LOGISTICS Germany to use MAN vehicles to transport goods to “METRO Cash & Carry” and “REAL” stores

TGX impresses with its low fuel consumption in field tests Munich, Germany, 5-3-2014 — /EuropaWire/ — The logistics service provider METRO will from now on also be using MAN vehicles to transport goods to “METRO Cash & Carry” and “REAL” stores. MAN … Read the full press release

World premiere of the new Mercedes-Benz S-Class Coupé at Geneva International Motor Show 2014

Geneva, Switzerland, 4-3-2014 — /EuropaWire/ — The focal point of the Mercedes-Benz presence at the 84th Geneva Motor Show is the S-Class Coupé. The new top model from the Stuttgart premium brand combines classic sports car proportions with modern luxury … Read the full press release

Volkswagen Group announced it invested record €10.2 billion during 2013 in eco-friendly vehicles

• More than €10 billion for research and development for the first time • EU new vehicle fleet better than target, at about 128 grams CO2 / km • Already 54 model variants below 100 grams CO2 / km • … Read the full press release

Volkswagen Group intends to address the major automotive industry challenges with the launch of its “Future Tracks” initiative

• Group to reorient “thinking and action” to new challenges • Cooperation of “best developers, production experts and strategists” planned • Chairman of the Board of Management Prof. Dr. Winterkorn: “The automobile  industry must not bury its head in the … Read the full press release

Audi of America: All-time best February marked 38th consecutive month of record sales for the brand in U.S.

• All-time best February marks 38th consecutive month of record sales for the brand • Audi Certified pre-owned sales set 7th straight monthly record • February was a strong month for Audi A6, Q7, and R8 sales HERNDON, VA, 4-3-2014 — … Read the full press release