Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Safran to purchase the Rolls-Royce 50% share of the joint RTM322 helicopter engine programme

Paris, 24-4-2013 — /europawire.eu/ — Safran (NYSE Euronext Paris: SAF) today announced that it has reached an agreement with Rolls-Royce to acquire Rolls-Royce’s 50% share in their joint RTM322 helicopter engine programme. Upon closing, Turbomeca (Safran’s world leading helicopter engine business) … Read the full press release

Pirelli Shareholders’ Meeting 13 May 2013, New Board Members Proposed

Pirelli: Shareholders’ Meeting 13 May 2013 Proposed Confirmation Of Carlo Salvatori And Nomination Of Jean Paul Fitoussi And Luca Rovati As New Members Of The Company’s Board Milan, 24-4-2013 — /europawire.eu/ — With reference the Shareholders’ Meeting of Pirelli & C. SpA … Read the full press release

Joint OeNB-ECB high-level Vienna conference discussed the preparations for the launch of the new Europa series of euro banknotes

Vienna , 24-4-2013 — /europawire.eu/ — Before the new €5 banknotes of the Europa series start to circulate on 2 May, the Oesterreichische Nationalbank (OeNB) and the European Central Bank (ECB) invited experts from several countries to a high-level conference in Vienna … Read the full press release

EUR 300m EIB loan in support of European aeronautics leader EADS

Support for aerospace innovation 24-4-2013 — /europawire.eu/ — We are helping European aeronautics leader EADS with its research and development programme. They are improving aircraft aerodynamics and flight control systems, with benefits for lower pollution and increased safety. A new EUR … Read the full press release

United Kingdom and Ireland decided to join EU Insolvency Rules

Brussels, 24-4-2013 — /europawire.eu/ — Both the United Kingdom and Ireland have announced their decision to join the Commission’s proposal to modernise current EU rules on cross border insolvency, which date from 2000. The new rules aim to shift focus away from … Read the full press release

The Commission sets up a Platform for Tax Good Governance

Brussels, 24-4-2013 — /europawire.eu/ — As part of its concerted drive against tax evasion and avoidance, the Commission today set up the new Platform for Tax Good Governance. The Platform will monitor Member States’ progress in tackling aggressive tax planning and clamping … Read the full press release

ABB wins major contract to suply converter transformers and key components for the world’s highest capacity power link in China

Converter transformers and key components for UHVDC link to enable supply of clean hydropower from southwest to the east coast of China Zurich, Switzerland, 24-4-2013 — /europawire.eu/ — ABB, the leading power and automation technology group, has won an order worth … Read the full press release

KfW IPEX-Bank to finance Düsseldorf Airport infrastructure modernisation

EUR 50 million loan for Germany’s third largest airport Bank supports modernisation of infrastructure Measures to enable handling of large aircraft 24-4-2013 — /europawire.eu/ — KfW IPEX-Bank is providing a EUR 50 million loan to allow Düsseldorf Airport to modernise its … Read the full press release

KfW IPEX-Bank increased its credit business by EUR 1.4b to EUR 12.9b in 2012

Balance sheet 2012: KfW IPEX-Bank holds steady course Increase in new commitments in original credit business to EUR 12.9 billion Contribution to ensuring KfW’s promotional capacity: Subsidiary KfW IPEX-Bank generates EUR 298 million of KfW’s consolidated earnings Operating income of … Read the full press release

Strong civil aviation business helps Safran report 9.5% revenue growth in Q1 2013

FULL-YEAR 2013 REVENUE OUTLOOK UPGRADED All revenue figures in this press release represent adjusted[1] revenue. Please refer to definitions contained in the Notes Key figures for the first quarter of 2013 First-quarter 2013 adjusted revenue was Euro 3,404 million, up … Read the full press release

Olympic Air and Aegean Airlines deal to be investigated by EC under the EU merger regulation

Brussels, 23-4-2013 — /europawire.eu/ — The European Commission has opened an in-depth investigation under the EU Merger Regulation into the proposed acquisition of Olympic Air by Aegean Airlines. The companies are the two main Greek airlines offering passenger air transport services on … Read the full press release

Karel De Gucht: The Transatlantic Trade and Investment Partnership: Global Impacts

Institute for International and European Affairs/ Dublin, Ireland Dublin, Ireland, 23-4-2013 — /europawire.eu/ — Ladies and Gentlemen, As you may know we’ve just had two days of discussions with European Union trade ministers here in Dublin, under the able chairmanship of Minister … Read the full press release

ROSATOM Deputy Director General Nikolay Spasskiy visited the Joint Institute for Nuclear Research (JINR)

23-4-2013 — /europawire.eu/ — On the 5th of April, 2013, Deputy Director General of ROSATOM for international activities Nikolay Spasskiy paid a working visit to the Joint Institute for Nuclear Research (JINR, Dubna). N. Spasskiy toured to the laboratories of high … Read the full press release

RWE: In Dortmund schlägt das Herz der Elektromobilität

100. RWE Ladepunkt für Elektrofahrzeuge in Dortmund Stadt Dortmund betreibt erfolgreich Elektro-Flotte Ökostrom für den Verkehr 23-4-2013 — /europawire.eu/ — An der Hörder Burg wurde heute der 100. RWE Stromladepunkt in Dortmund offiziell eingeweiht. Oberbürgermeister Ullrich Sierau nahm die neue Ladesäule … Read the full press release

BMW Group board members speeches at Auto Shanghai 2013

23-4-2013 — /europawire.eu/ —  BMW Group Press Conference at Auto Shanghai 2013, speeches of board members Dr. Herbert Diess and Dr. Ian Robertson and Karsten Engel, CEO of China Mr. Karsten Engel: Good morning! 2012 was a great year for … Read the full press release

COTER: Territorial cooperation needs more flexibility and less bureaucracy to deliver growth

COTER chair Woźniak: “Strengthening regions’ and cities’ opportunities to face together common challenges can concretely contribute to overcome the crisis” Porto, 23-4-2013 — /europawire.eu/ — Today the Committee of the Regions Commission for Territorial Cohesion Policy (COTER) held a seminar in Porto … Read the full press release

Alstom to present new energy solutions at ICCI 2013 in İstanbul

23-4-2013 — /europawire.eu/ — Alstom will be at the energy and environmental technology systems fair and conference ICCI, at the booth # G101 in Hall 9, from April 24th to 26th, in İstanbul. The group will represent comprehensive range of products, … Read the full press release

Mercedes-Benz and Michael Schumacher announced a long-term partnership far beyond motorsport and Formula 1

Stuttgart, 23-4-2013 — /europawire.eu/ — Mercedes-Benz and Michael Schumacher today announced a long-term partnership which will extend far beyond motorsport and Formula 1. Michael Schumacher will mainly be involved with topics relating to the future, in particular the further development of the … Read the full press release

HR company Randstad names EADS the most attractive employer to work for in Spain

Madrid, 23-4-2013 — /europawire.eu/ — Human Resource Company Randstad has confirmed that EADS in Spain has an excellent reputation as an employer, ranking the European aerospace and Defence Group as the most attractive company to work for across all business sectors in … Read the full press release

Michelin announces €4.9b in 1Q 2013 sales, in line with its full-year outlook

Market environment was weak in Europe in Passenger car & Light truck tires, disappointing in North America and expanding in the new markets. Volume performance reflected: – The two fewer business days. – The difference in market trends between the … Read the full press release