Category Archives: Business

Business Press Releases & News distributed via EuropaWire

INMOBILIARIA COLONIAL propone ampliar capital hasta un máximo de 1.000 millones de euros para recapitalizar la compañía y garantizar su viabilidad futura

Colonial propone ampliar capital hasta un máximo de 1.000 millones de euros para recapitalizar la compañía y garantizar su viabilidad futura La propuesta del Consejo de Administración contempla una ampliación de capital dineraria con reconocimiento del derecho de suscripción preferente, así como, … Read the full press release

Sika announced it now owns 100% of Dyflex HD Co Japan

Baar, Switzerland, 7-1-2014 — /EuropaWire/ — Sika has acquired the remaining 24.5% of Dyflex HD Co., Ltd. as of January 7, 2014 and achieves 100% ownership. The complete takeover further strengthens Sika’s position in the Japanese construction market. Sika has been … Read the full press release

The EY Eurozone Financial Services Forecast (EEFSF): business lending expected to drop by €211b in 2014

London, UK, 7-1-2014 — /EuropaWire/ — This year the Eurozone will experience annual GDP growth for the first time since 2011, but at just 0.9% the growth will not be strong enough to support a level of uplift in financial services that … Read the full press release

Natixis Asset Management annonce la création de la société de gestion Mirova

Paris, France, 7-1-2014 — /EuropaWire/ — Pour accélérer le développement de son pôle d’expertise en investissement responsable, Natixis Asset Management annonce la création de la société de gestion Mirova¹. Mirova a pour ambition de devenir, dans les cinq prochaines années, un des leaders de l’Investissement … Read the full press release

Natixis Asset Management to establish new management company named Mirova

Paris, France, 7-1-2014 — /EuropaWire/ — In order to accelerate the development of its responsible investment activities, Natixis Asset Management announces the creation of the management company Mirova¹. It is Mirova’s ambition to become an international leader in Responsible Investment within the next five years. … Read the full press release

Inmarsat announced it completed Globe Wireless acquisition

London, UK, 7-1-2014 — /EuropaWire/ — Inmarsat (LSE:ISAT.L), the leading provider of global mobile satellite communications services, today confirmed that it had completed regulatory and other approvals in relation to its US$45 million purchase of Globe Wireless, the Florida-based leading provider of value-added … Read the full press release

Société Foncière Lyonnaise (SFL) takes note on Colonial’s statement about possible disposal of part of its stake in SFL

Paris, France, 7-1-2014 — /EuropaWire/ — The Board of Directors of the Société Foncière Lyonnaise has taken note of the press release issued today by its majority shareholder, Colonial, regarding developments in that company’s financial restructuring process (see the Colonial press release … Read the full press release

Social gaming company Pretty Simple to lease 3,500 sq.m.of Société Foncière Lyonnaise’s historic building at 6 rue de Hanovre in Paris

Paris, France, 7-1-2014 — /EuropaWire/ — The company Pretty Simple has taken a lease on all 3,500 sq.m. of the Société Foncière Lyonnaise’s magnificent “art nouveau” building, located at 6 rue de Hanovre in the 2nd arrondissement of Paris. This signature is … Read the full press release

Bankinter CEO María Dolores Dancausa named best Ibex CEO in 2013 by Forbes Magazine

Creation of shareholder value, ability to raise funds on the markets and diversification of activities were among the main criteria. Madrid, Spain, 7-1-2014 — /EuropaWire/ — The chief executive of Bankinter, María Dolores Dancausa, has been selected by Forbes Magazine as the … Read the full press release

Bankinter ended 2013 as the most profitable banking stock in the Euro Stoxx 600

Ends the year as the most profitable bank in the Euro Stoxx 600 and the second best performing stock in the Ibex 35, with a gain of nearly 150%. The Bank’s market capitalisation is up from €1.77 billion at the … Read the full press release

Credit Suisse Group reports 3Q13 and 9M13 results

Credit Suisse Group 3Q13 results reflect resilient Private Banking & Wealth Management profitability, strong Equities revenues and continued progress on cost and capital, mitigating the impact of reduced Fixed Income client activity 3Q13 results: – Underlying*: Core pre-tax income of … Read the full press release

Credit Suisse to release restated historical financial information on January 7, 2014 following non-strategic units introduction

Zurich, Switzerland, 6-1-2014 — /EuropaWire/ — On January 7, 2014 at 07:30 CET, Credit Suisse will release restated historical financial information arising from the introduction of the non-strategic units announced on October 24, 2013. David Mathers, Chief Financial Officer, will host a … Read the full press release

Nokia Solutions and Networks (NSN) helped Indonesia’s largest telecom operator Telkomsel upgrade its GSM and 3G HSPA+ network across the country

Supplied radio and core network plus services for network upgrade NSN’s comprehensive LTE infrastructure and refarming services helped Telkomsel provide LTE services for Bali APEC summit Jakarta, Indonesia, 6-1-2014 — /EuropaWire/ — Customers of Telkomsel, Indonesia’s largest telecom operator, now enjoy higher … Read the full press release

Deutsche Börse AG subsidiary Eurex Zürich AG to acquire 5-percent stake in Taiwanese futures exchange TAIFEX for $47 million

Frankfurt am Main, Germany, 6-1-2014 — /EuropaWire/ — Eurex: Eurex Zürich AG, a subsidiary of Deutsche Börse AG, is becoming a minority shareholder of the Taiwanese futures exchange TAIFEX. Subject to regulatory approval by the Taiwanese authorities (Investment Commission, Ministry of … Read the full press release

Eurex Group’s international derivatives markets with 2.2 billion contracts in 2013

Frankfurt am Main, Germany, 6-1-2014 — /EuropaWire/ — Eurex: The international derivatives markets of Eurex Group ended 2013 with a turnover of approximately 2.2 billion contracts (2012: 2.3 billion contracts). The total volume for 2013 splits into 1.6 billion contracts traded … Read the full press release

Deutsche Börse cash markets turnover at €1.16 trillion in 2013

Frankfurt am Main, Germany, 6-1-2014 — /EuropaWire/ — Xetra/FWB: In 2013, €1.16 trillion were turned over at the cash markets of Deutsche Börse (2012: €1.16 trillion). Order book turnover on Xetra, the Xetra Frankfurt specialist trading and Tradegate stood at €85.4 … Read the full press release

Federal Republic of Germany and Deutsche Bundesbank to issue treasury discount paper for sale by auction on 13 January 2014

Frankfurt am Main, Germany, 6-1-2014 — /EuropaWire/ — As already announced in the issuance calendar for the first quarter of 2014, the Federal Government will issue Treasury discount paper (“Bubills”) with a maturity of 6 months for sale by auction on 13 January 2014. … Read the full press release

EDF and AREVA signed series of agreements in support of Saudi nuclear energy program

Riyadh, Saudi Arabia, 6-1-2014 — /EuropaWire/ — On the occasion of French President François Hollande’s visit to Riyadh on December 30, 2013, EDF and AREVA signed two sets of agreements aimed at supporting the Saudi nuclear energy program. The two companies … Read the full press release

EADS group rebranded as “Airbus Group”, to change its legal name to European Company SE (Societas Europaea) by 2015

EADS rebranded as Airbus Group Divisions named Airbus, Airbus Defence and Space, and Airbus Helicopters Airbus Group targets conversion of legal form into European Company SE by 2015 Toulouse, France, 6-1-2014 — /EuropaWire/ — Taking off into the New Year, the EADS … Read the full press release

Orange Business Services to acquire IT identity and security pioneer Atheos

Orange Business Services today announced the acquisition of Atheos, becoming the largest European cyberdefense company and strengthening its position as a leading global player in advanced security services.  Paris, France, 6-1-2014 — /EuropaWire/ — Founded in 2002, Atheos is a pioneer of … Read the full press release