Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Antonio Tajani and Michel Barnier called upon European citizens to be aware of the real price of fake products

Brussels, 22-4-2013 — /europawire.eu/ — Counterfeiting activities account for over €200 billion in losses for the world economy and it is estimated that such losses may climb further. They harm the European economy, as they damage legitimate business and starve innovation. And fake … Read the full press release

The EU and Japan finished the first week-long round of talks for a Free Trade Agreement (FTA)

Brussels, 22-4-2013 — /europawire.eu/ — The EU and Japan today finished the first week-long round of negotiations for a Free Trade Agreement (FTA) less than a month after negotiations were officially launched. The EU team is headed up by Mauro Petriccione, Director … Read the full press release

ABB reports participation in Dividend Access Facility 2013

The dividend is subject to approval by the shareholders at the Annual General Meeting on April 25, 2013 Zurich, 22-4-2013 — /europawire.eu/ — Shareholders representing 350’482’908 shares are participating in ABB Ltd’s Dividend Access Facility (DAF), corresponding to 59% of ABB … Read the full press release

ABB to acquire Power-One for approximately $1B and become the leading global supplier of solar inverters – the “intelligence” behind a solar PV system

The boards of ABB and Power-One have agreed to a transaction in which ABB will acquire Power-One at $6.35 per share or approximately $1 billion equity value, which includes Power-One’s net cash of $266 million Combination creates global leader in … Read the full press release

Safran an official partner in the 45th EDHEC Sailing Cup in Brest, France

Paris, 22-4-2013 — /europawire.eu/ — Safran will be an official partner in the 45th EDHEC Sailing Cup, to take place in Brest, France from April 19 to 27, 2013. This is the largest student sports event in Europe, with some 3,000 students … Read the full press release

The European Commission invites comments from interested parties on commitments offered by Penguin (Pearson Group, UK)

Brussels, 22-4-2013 — /europawire.eu/ — The European Commission is inviting comments from interested parties on commitments offered by Penguin (Pearson Group, United Kingdom). The proposed commitments aim to alleviate concerns that Penguin may have engaged in an anti-competitive concerted practice affecting the … Read the full press release

KfW and Federal Environment Ministry launch new renewable energies programme entitled “Storage” to promote use of energy storage in solar PV installations

Loans and repayment subsidies for energy storage batteries in grid-connected solar PV systems Aim is to improve integration of small-to-medium solar PV systems into the electricity grid Scheme opens for applications on 1 May 2013 22-4-2013 — /europawire.eu/ — Under a … Read the full press release

EBRD invests €3.6m in Croatian producer of pharmaceutical packaging Piramida

The producer of pharmaceutical packaging plans expansion 22-4-2013 — /europawire.eu/ — The EBRD is investing €3.6 million to strengthen the Croatian pharmaceutical packaging producer Piramida d.o.o. and in plans to expand the company’s production. While €2.7 million will be used for … Read the full press release

The Rabobank Global Cattle price Index has recovered slightly from Q4 but remains 8% down YOY

19-4-2013 — /europawire.eu/ — According to a report by Rabobank, the European horsemeat scandal has had hardly any impact on consumer demand and resulting beef prices. The outlook for the global beef industry is mixed, but overall global beef production is … Read the full press release

Helibras selects Safran Engineering Services to integrate the Avionics Systems modernization of Esquilo and Fennec helicopters

Itajuba (Brazil), 19-4-2013 — /europawire.eu/ — Brazilian helicopter manufacturer Helibras, a subsidiary of Eurocopter, has selected Safran Engineering Services as the design authority to supply the installation design and full integration of multiple avionics communication and navigation systems, including a sophisticated new … Read the full press release

Karin Rysavy nominated alternate member of the Board of Directors of the European Investment Bank

19-4-2013 — /europawire.eu/ — By letter received by EIB on 11 March 2013, the Republic of Austria nominated, by common accord with the Republic of Estonia, the Republic of Latvia, the Republic of Lithuania, the Republic of Finland and the Kingdom … Read the full press release

.eu celebrates 7th anniversary

Study reveals how EU residents perceive Europe’s internet extension Brussels, 19-4-2013 — /europawire.eu/ — With registrations topping 3.74 million just ahead of its seventh birthday, .eu has established its place as a respected domain for ambitious businesses, according to recent research … Read the full press release

Eurocopter, Turbomeca and WZL 1 sign agreements to establish two full assembly lines for Poland’s military helicopter acquisition

Eurocopter and Turbomeca (Safran) today announced the signature of industrial cooperation agreements with Wojskowe Zaklady Lotnicze No. 1 (WZL-1) that include the creation of two separate full assembly lines within Poland for the EC725 Caracal helicopter and its Makila 2 … Read the full press release

The European Investment Bank successfully prices USD 5 billion 3-year benchmark

19-4-2013 — /europawire.eu/ — Today the European Investment Bank (‘EIB’) priced a new Global benchmark issue in the 3-year sector. This is EIB’s second US Dollar Global benchmark in 2013, and its first appearance in this tenor since May 2012. The issue … Read the full press release

Construction begins on Airbus’ U.S. Assembly Line in Mobile, Alabama

Opportunity for some 1,000 high-skilled workers direct and many more in supply chain Blagnac, 18-4-2013 — /europawire.eu/ — Airbus manufacturing in the United States advanced another step closer to reality today in Mobile, Alabama, as construction of the company’s A320 Family Assembly … Read the full press release

Alstom T&D India won the coveted ‘Best International Exhibitor’ award at Gridtech 2013

18-4-2013 — /europawire.eu/ — Alstom T&D India won the coveted ‘Best International Exhibitor’ award at the recently concluded Gridtech 2013. Gridtech 2013, held from 3rd to 5th April 2013 in New Delhi, is a prestigious event that brings together leading Indian … Read the full press release

Commission welcomes today’s vote of the EP on groundhandling services at EU airports

Brussels, 18-4-2013 — /europawire.eu/ — The European Commission welcomes today’s vote of the European Parliament on groundhandling services at EU airports updating Directive 96/67/EC. With this vote, the Parliament is paving the way for negotiations with the Council and the Commission to … Read the full press release

The BMW Concept X4. The next chapter in the Sports Activity Coupe story.

Munich. 18-4-2013 — /europawire.eu/ — Every new BMW X model is a trailblazer. Indeed, the world premiere of the first BMW X model (the BMW X5) in 1999 saw the BMW Group call into being the Sports Activity Vehicle (SAV) segment – … Read the full press release

TNT Express has taken note of UPS appeal of EC decision

Amsterdam, The Netherlands, 18-4-2013 — /europawire.eu/ — TNT Express has taken note of the appeal by United Parcel Service Inc. (UPS) to the European Court of Justice regarding the 30 January 2013 decision of the European Commission (EC) to prohibit the proposed … Read the full press release

Commission proposed an amendment to existing accounting legislation to enhance business transparency on social and environmental matters

Brussels, 18-4-2013 — /europawire.eu/ — The European Commission has today proposed an amendment to existing accounting legislation in order to improve the transparency of certain large companies on social and environmental matters. Companies concerned will need to disclose information on policies, risks … Read the full press release