Category Archives: Business

Business Press Releases & News distributed via EuropaWire

The EXOR Group reports €1,671.8 million consolidated profit in 1st Half 2013 Results

Turin, Italy, 02-9-2013 — /EuropaWire/ — The EXOR board of directors’ meeting, chaired by John Elkann, met today in Turin and approved the consolidated results for first half of 2013. At June 30, 2013 EXOR’s Net Asset Value (NAV) is €8,533 million. This … Read the full press release

Vodafone confirms discussions with Verizon Communications Inc. regarding the disposal of Vodafone’s US group for $130 billion

02-9-2013 — /EuropaWire/ — Vodafone confirms that it is in advanced discussions with Verizon Communications Inc. regarding the disposal of Vodafone’s US group whose principal asset is its 45% interest in Verizon Wireless for US$130 billion. The consideration would substantially comprise a … Read the full press release

Prudential research finds one in four retired UK homeowners hope to raise £62,000 by moving into a smaller home

• One in four retired homeowners hope to raise £62,000 by moving into a smaller home • Convenience, raising money and cutting bills are the top three reasons for downsizing 02-9-2013 — /EuropaWire/ — Nearly three quarters (73 per cent) of the … Read the full press release

The European Central Bank to double share of women in management by end of 2019

02-9-2013 — /EuropaWire/ — The Executive Board of the European Central Bank (ECB) has decided to introduce gender targets with the aim of doubling the share of women in management. By end of 2019, 35% of middle management positions (Heads of Division, … Read the full press release

László Baranyay appointed Member of the Management Committee at EIB

02-9-2013 — /EuropaWire/ — On the basis of a nomination from Hungary, by common accord with the Republic of Bulgaria, the Czech Republic, the Republic of Croatia, the Republic of Cyprus, the Republic of Malta, the Republic of Poland, the Republic of … Read the full press release

Prudential plc Disclosure of Effective Date of Board Change

02-9-2013 — /EuropaWire/ — The Board of Prudential plc is pleased to confirm that the appointment of Jackie Hunt as an executive director and Chief Executive, Prudential UK & Europe, will be effective from 5 September 2013. Rob Devey will stand down … Read the full press release

Leading Turkish producer of clothing fabrics and yarn Kivanc Tekstil received €3.7M loan from EBRD

02-9-2013 — /EuropaWire/ — The European Bank for Reconstruction and Development continues to boost Turkey’s Anatolian regions, making a €3.7 million loan to Kivanc Tekstil, a leading producer of clothing fabrics and yarn based in Adana. Kivanc Tekstil, 100 per cent owned and … Read the full press release

United Internet AG agreed with Arsys Internet S.L. owners, Carlyle Group and Mercapital for the acquisition of Spanish webhosting and cloud specialist Arsys

Montabaur, 02-9-2013 — /EuropaWire/ — United Internet AG continues to drive the internationalization of its webhosting and cloud computing business. As the company announced today, United Internet has agreed a deal with the owners of Arsys Internet S.L. (C\Chile 54, 26007 Logroño, Spain), … Read the full press release

Deutsche Telekom AG and United Internet AG launch secure e-mail communication in compliance with German data privacy laws

Automatic encryption of data over all transmission paths Secure data storage in Germany as a reputable location Designation of secure e-mail addresses 02-9-2013 — /EuropaWire/ — Deutsche Telekom and United Internet have launched an initiative within the industry for secure e-mail communication … Read the full press release

New BASF foam made of expanded thermoplastic polyurethane revolutionizes adidas running shoe

New BASF foam Infinergy™ revolutionizes adidas running shoe 02-9-2013 — /EuropaWire/ — The world is on the move. To keep physically fit, more and more people jog for miles, across fields and along roadways. You can go running just about anywhere. All … Read the full press release

New methodology reveals Aviva’s carbon offset programme has positively impacted the lives of more than 200,000 people

30-8-2013 — /EuropaWire/ — Aviva, the UK’s largest insurer and one of Europe’s leading providers of life and general insurance partnered with climate and development experts ClimateCare, to develop a new way to measure and report the full impact of offsetting Aviva’s … Read the full press release

Aviva to redeem €650m Fixed/Floating Rate Subordinated Notes on 2 October 2013

30-8-2013 — /EuropaWire/ — Aviva plc (the “Issuer”) wishes to announce that notification has been given to the holders of €650m Fixed/Floating Rate Subordinated Notes due 2023 (ISIN: XS0177448015) (the “Notes”) that it shall redeem the Notes in full on 2 October … Read the full press release

Lloyds Banking Group’s UK wide apprenticeship programme to create further 30 new apprenticeships in Wales

30-8-2013 — /EuropaWire/ — Bringing the total Welsh Apprenticeship numbers to 120, Lloyds Banking Group is to create a further 30 new apprenticeships in Wales as part of its UK wide apprenticeship programme. Working with JobcentrePlus, who will host a Road Show … Read the full press release

Enel Green Power wins auction for three energy supply contracts with wind projects located in the Brazilian state of Bahia

Enel Green Power has been awarded three energy supply contracts with wind projects located in the Brazilian state of Bahia. These projects will add a further 88 MW to the 313 MW of wind projects Enel Green Power obtained in … Read the full press release

Euro Area Business Climate Indicator rose in August 2013 for fourth successive month

30-8-2013 — /EuropaWire/ — In August 2013, the Business Climate Indicator (BCI) for the euro area rose for the fourth successive month. It increased markedly by 0.31 points to ‑0.21. The assessment of past production, the level of overall order books and production expectations improved sharply. Also the … Read the full press release

Grupo Financiero HSBC, S.A. de C.V. (HSBC Mexico) to sell its bonding and surety business HSBC Fianzas, S.A. to Afianzadora Aserta, S.A. de C.V.

29-8-2013 — /EuropaWire/ — Grupo Financiero HSBC, S.A. de C.V. (‘HSBC Mexico’), an indirect subsidiary of HSBC Holdings plc (‘HSBC’), has entered into an agreement to sell HSBC Fianzas, S.A., its subsidiary which undertakes bonding and surety business, to Afianzadora Aserta, S.A. … Read the full press release

Nestlé H1-2013: sales up 5.3%, operating profit +6.8%, EPS +3.4%

Sales up 5.3% to CHF 45.2 billion, 4.1% organic growth Real internal growth up to 2.7% for the first half: all three geographies contributed Trading operating profit +6.8% to CHF 6.8 billion, margin +20 basis points to 15.1% Marketing spend +60 basis points; consumer … Read the full press release

Fitch affirmed Assicurazioni Generali SpA’s IFS rating at ‘A-‘

Positive conclusion to the review of Generali’s debt ratings by all the main rating agencies, following the creation of Generali Italia 29-8-2013 — /EuropaWire/ — Trieste – Fitch has affirmed Generali’s IFS rating at ‘A-‘ (outlook negative). The rating agency also affirmed … Read the full press release

Bremer Straßenbahn AG sourced 33 particularly environmentally friendly Mercedes-Benz Citaro G urban regular-service buses

Bremen-based company’s procurement plan is characterised by ambitious environmental goals Distinctive vehicle design visualises company’s sustainability considerations Citaro boasts comprehensive safety features 29-8-2013 — /EuropaWire/ — The decision to commission 33 particularly environmentally friendly urban regular-service buses was made by Bremer Straßenbahn … Read the full press release

Deutsche Asset & Wealth Management appointed Felipe Godard Head of Wealth Management Latin America

29-8-2013 — /EuropaWire/ — Deutsche Asset & Wealth Management announced today that Felipe Godard will join the Firm as a Managing Director and Head of Wealth Management, Latin America, effective October 1, 2013.  He will be based in Geneva, Switzerland and will … Read the full press release