Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Dalian Wanda Group Co., Ltd., to acquire the world’s most respected international sports marketing company Infront Sports & Media AG from Bridgepoint for EUR 1.05 billion

LONDON, 10-2-2015 — /EuropaWire/ —  Dalian Wanda Group Co., Ltd., one of the leading Chinese conglomerates and China’s largest investor in cultural and entertainment sector has reached an agreement to acquire Infront Sports & Media AG, the world’s most respected … Read the full press release

MAN Diesel & Turbo renews contract with Chinese two-stroke licensee, China Shipbuilding Industry Corp. (CSIC)

BEIJING, 10-2-2015 — /EuropaWire/ — At a ceremony in Beijing on 3 February 2015, MAN Diesel & Turbo renewed its contract with Chinese two-stroke licensee, China Shipbuilding Industry Corp. (CSIC). The agreement runs for the next 10 years and covers … Read the full press release

UniCredit Private Banking won 14 awards in different regional and local categories in Euromoney magazine´s Private Banking Survey 2015

MILAN, 10-2-2015 — /EuropaWire/ — UniCredit Private Banking has again been recognized for its excellent services, winning 14 awards in different regional and local categories in Euromoney magazine´s Private Banking Survey 2015: • Central and Eastern Europe Net-worth-specific services Sub-category: Super … Read the full press release

SSAB received EC approval to sell 50% of the shares in Norsk Stål AS (Norway) to Leif Hübert AS

STOCKHOLM, 9-2-2015 — /EuropaWire/ —  SSAB has received approval from the European Commission to sell 50% of the shares in Norsk Stål AS (Norway) to Leif Hübert AS. This transaction is part of the divestment remedies that the European Commission … Read the full press release

LuxairGroup Board of Directors approves fleet renewal strategy

Luxembourg, 9-2-2015 — /EuropaWire/ — During a meeting held on 6 February 2015, the LuxairGroup Board of Directors approved the fleet renewal strategy proposal brought forward by the Management board. This two-phase strategy is based on Luxair Luxembourg Airlines’ need … Read the full press release

Mercedes-Benz sold 125,865 vehicles in January; the best start of the year in the company’s history

Best start of the year in the company’s history for Mercedes-Benz with 125,865 vehicles sold in January (+13.6%) Ola Källenius, Member of the Board of Management of Daimler AG, responsible for Mercedes-Benz Cars Marketing & Sales: “We have started the … Read the full press release

Bekaert enhances its status in the tire industry with the acquisition of the Pirelli steel cord plant in Izmit, Turkey

Kortrijk, Belgium, 9-2-2015 — /EuropaWire/ — Bekaert and Pirelli have successfully closed the acquisition by Bekaert of the Pirelli steel cord plant in Izmit, Turkey. The deal closing in Turkey follows the ownership transfer of the steel cord plants in Figline … Read the full press release

AREVA and EVOPRO to formalize global cooperation in nuclear and renewable energy

PARIS, 9-2-2015 — /EuropaWire/ — AREVA and EVOPRO, a leading Hungarian engineering company specialized in industrial automation systems, have signed today a Memorandum of Understanding to formalize global cooperation in nuclear and renewable energy. The ceremony took place at Hungarian … Read the full press release

Sandoz: 160,000 – 200,000 children estimated to be diagnosed with childhood cancer each year

Holzkirchen, Germany, 6-2-2015 — /EuropaWire/ — Between 160,000 and 200,000 children are estimated to be diagnosed with childhood cancer and around 100,000 die from it each year. With proper diagnosis, treatment and drugs, most childhood cancers can be cured. In … Read the full press release

Skanska’s Year-end report 2014 will be released on Thursday, February 12

Skanska’s Year-end report 2014 will be released on Thursday, February 12 at 07:30 am CET. STOCKHOLM, 6-2-2015 — /EuropaWire/ —  In conjunction with the release of the report, you are invited to participate in a combined press- and telephone conference, … Read the full press release

adidas Group achieved record € 1 billion sales in Germany, Austria and Switzerland in 2014

2014 sales reach the € 1 billion mark More than 30% growth in the football category More World Cup jerseys sold than ever before adidas most popular brand in Germany Herzogenaurach, Germany, 6-2-2015 — /EuropaWire/ — Record sales for the … Read the full press release

The Rexel Foundation to take part in the Yale Climate Change Dialogue initiative

Rexel Foundation is committed to a bottom-up, multi-stakeholder approach to facilitate a global response to climate change and identify action-oriented solutions. PARIS, 6-2-2015 — /EuropaWire/ — The Rexel Foundation for a better energy future has joined the Yale Climate Change … Read the full press release

Experian research reveals one in three 18 to 24-year-old Britons not registered on the Electoral Roll

One in three 18 to 24-year-olds not registered to vote with many unaware of the impact on everything from mortgages and identity protection to passport applications DUBLIN, 6-2-2015 — /EuropaWire/ — Political detachment among Britain’s young people could not only … Read the full press release

Tikehau Capital appointed Ignazio Rocco di Torrepadula senior advisor at Tikehau Capital Italy

PARIS, 6-2-2015 — /EuropaWire/ — Tikehau Capital is expanding in Italy to develop its direct investment activities (minority equity, direct lending and real estate) and its asset management liquid funds solutions. Ignazio Rocco di Torrepadula, former leader of the Financial … Read the full press release

Gamesa specified its estimate for net free cash flow generation for 2014 at over €300 million

The increase with respect to the initial estimate for positive free cash flow is underpinned by a solid business performance, in line with guidance, coupled with a sustained improvement in working capital. The results of the working capital streamlining programme … Read the full press release

The reorganization of Baltik Vairas German unit spurs a boost in efficiency

Šiauliai, Lithuania, 5-2-2015 — /EuropaWire/ — Baltik Vairas, the Northern European developer and manufacturer of bicycles and e-bikes, is going through a substantial structural reorganization which has already had an impact on the overall efficiency of business processes. Due to the reorganization … Read the full press release

Capgemini cited as a “Leader” amongst Global Infrastructure Service Providers by Forrester Research

PARIS, 5-2-2015 — /EuropaWire/ — Capgemini, one of the world’s foremost providers of consulting, technology and outsourcing services, today announced it has been named a leader in an independent report about Global Infrastructure Outsourcing by Forrester Research, Inc. Capgemini was one of … Read the full press release

Frost & Sullivan recognizes Landis+Gyr with the 2014 Global Frost & Sullivan Company of the Year Award

Landis+Gyr is among the few companies in the AMI sector that can provide a truly end-to-end solution MOUNTAIN VIEW, Calif., 5-2-2015 — /EuropaWire/ — Based on its recent analysis of the advanced metering infrastructure (AMI) market, Frost & Sullivan recognizes Landis+Gyr with … Read the full press release

Landis+Gyr adds advanced grid analytics to its software as a service (SaaS) offerings

SaaS solution can deliver faster, more cost effective deployment ATLANTA, GA., 5-2-2015 — /EuropaWire/ — Landis+Gyr, a leader in energy management solutions, announced the addition of advanced grid analytics to its software as a service (SaaS) offerings, enabling utilities to access a … Read the full press release

Ericsson, Landis+Gyr partner to address the Middle East’s Smart Metering and Smart Grid transformation projects

Utilities in the Middle East set to benefit from state-of-the-art smart metering solutions designed to create smart grid environments in cities across the region Joint effort focused on assisting the region’s utilities, improving energy efficiency and increasing customer satisfaction by … Read the full press release