Category Archives: Business

Business Press Releases & News distributed via EuropaWire

TDC reports for improved earnings within mobility services in its Q2-2013 Interim Report

19-8-2013 — /EuropaWire/ — TDC’s core business is reflecting positive trends in performance. As presented in the Interim Report TDC’s earnings within mobility services showed improved development in the second quarter of 2013 compared with many past consecutive quarters, and its … Read the full press release

Saxo Bank strategists expect end of excessively easy money and turning point towards the slow QE withdrawal in their Q3 Outlook

19-8-2013 — /EuropaWire/ — Saxo Bank’s strategists expect the third quarter to be good for assets and believe Q3 could actually be a major pivot point, marking the end of excessively easy money and a turning point towards the slow withdrawal … Read the full press release

Bulgarian First Investment Bank AD to acquire 100% of shares of MKB Unionbank from Hungarian MKB

19-8-2013 — /EuropaWire/ — First Investment Bank AD (Fibank) has signed with the Hungarian MKB a share purchase agreement to acquire 100% of shares of MKB Unionbank. The transaction will be closed after the customary regulatory approval process. Fibank is a … Read the full press release

EC claims back €180M of EU agricultural policy funds unduly spent by Member States

19-8-2013 — /EuropaWire/ — A total of €180 million of EU agricultural policy funds, unduly spent by Member States, is being claimed back by the European Commission today under the so-called clearance of accounts procedure. However, because some of these amounts … Read the full press release

Credit Suisse: commodity market increased in July 2013 supported by positive macroeconomic data

Commodities were higher in July as fundamentals improved for some commodities, supported by positive macroeconomic data. 19-8-2013 — /EuropaWire/ — Nelson Louie, Global Head of Commodities in Credit Suisse’s Asset Management business, said, “Based on the July Purchasing Managers Index reports, … Read the full press release

The European Commission to invest €13.7M for further development of cross-border digital public services

16-8-2013 — /EuropaWire/ — Following the successful collaboration between EU Member States, industry, national administrations, academia, the private sector and local communities on a series of projects to make living, working, travelling, studying and doing business across borders easier, the European Commission … Read the full press release

Leading secure outsourcing group G4S signed with Global Choice to improve and speed up the check-in process for airport and airline passengers

G4S has signed a new partnership with Global Choice, which will improve and speed up the check-in process for passengers 16-8-2013 — /EuropaWire/ — The agreement will also introduce passenger handling backup systems for airlines and enable G4S to take on … Read the full press release

Switzerland, Germany, and France scientists developed EU funded miniature “insect” eyes with high industrial potential in mobile robotics, smart clothing and medical applications

Digital Agenda: Swiss, French & German scientists develop miniature artificial insect eyes which could help prevent accidents 16-8-2013 — /EuropaWire/ — Scientists in Switzerland, Germany, and France explored how the insect eye works and designed and built the first fully-functional miniature curved … Read the full press release

EBRD lends US$25M to Kazakh beverage and food producer RG Brands

Leading beverage and consumer goods producer plans to enhance its capital structure to drive its expansion 16-8-2013 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is providing a US$ 25 million loan to RG Brands in Kazakhstan. The … Read the full press release

G4S head of HR Colin Minto discusses global recruiting challenges for one of the world’s largest private employers with HR Review magazine

With 620,000 employees who work in over 125 countries,in sometimes challenging environments, making sure we have the right people for the job is crucial 16-8-2013 — /EuropaWire/ — G4S’ Global Head of Resourcing recently talked to HR Review magazine about the challenges of … Read the full press release

Bang & Olufsen unveils new innovative technology in its 65-inch plasma solution with the launch of BeoVision 12-65 New Generation

Bang & Olufsen launches new innovative technology in its 65-inch plasma solution that will take both sound and vision into a new era. The all-digital video platform and refined aesthetics create a market-leading package of great features and beautiful looks. To … Read the full press release

RWE Česká republika now offers transition to gas condensation boilers under the New Green Savings programme subsidies

RWE and Viessmann have prepared a special follow-up package of benefits for the participants of this programme People can save almost half of the purchase and installation costs of a new gas condensation boiler Prague, 16-8-2013 — /EuropaWire/ — The subsidies … Read the full press release

voestalpine AG’s workforce reached new record figure of 47,154 employees, Q1-2013/14 performance stable despite lower raw materials prices and weaker economy

High capacity utilization remains unchanged in all divisions Headcount reaches new record level with 47,154 employees Revenue of EUR 2.94 billion in the first quarter of 2013/14 3.8% below previous year’s figure (EUR 3.05 billion) due to lower raw materials … Read the full press release

Kiev Metropolitan received funding from EBRD to buy new metro trains from Russia’s metro carriages manufacturer Vagonmash

16-8-2013 — /EuropaWire/ — Kiev Metropolitan has this week unveiled new trains which will enter service this month on the city’s network in a project funded by the European Bank for Reconstruction and Development The EBRD previously signed a €100 million … Read the full press release

American yogurt with toppers producer YoCrunch acquired by Danone

Paris, 16-8-2013 — /EuropaWire/ — Danone announce today that it has acquired 100% of YoCrunch’s share capital. Founded in 1985, YoCrunch makes yogurt with crunchy toppings packaged separately, in part through licensing agreements with well-known national brands such as M&Ms and Oreo. … Read the full press release

Telefónica, CaixaBank and Banco Santander joint e-commerce venture cleared under EU Merger Regulation

16-8-2013 — /EuropaWire/ — The European Commission has cleared under the EU Merger Regulation the creation of a joint venture between the Spanish telecommunications operator Telefónica and two Spanish banks, CaixaBank, controlled by La Caixa–Caja de Ahorros, and Banco Santander. The … Read the full press release

Sampo Group posted EUR 825 million profit before taxes in H1-2103

16-8-2013 — /EuropaWire/ — Sampo Group’s profit before taxes for the first half of 2013 amounted to EUR 825 million compared to EUR 813 million a year earlier. The total comprehensive income for the period, taking changes in the market value … Read the full press release

EC invites comments from interested parties on German railway incumbent Deutsche Bahn commitments concerning its pricing system for traction current in Germany

16-8-2013 — /EuropaWire/ — The European Commission is inviting comments from interested parties on commitments offered by the German railway incumbent Deutsche Bahn (DB) regarding its pricing system for traction current in Germany. Traction current is electricity used to power locomotives. … Read the full press release

Vaisala’s shareholders AGM decided to decrease the share premium fund presented in the company’s balance sheet

16-8-2013 — /EuropaWire/ — Vaisala Corporation’s Annual General Meeting of Shareholders held on March 26, 2013 decided to decrease the share premium fund presented in the Company’s balance sheet on December 31, 2012 by EUR 22,306,293.52 by transferring all the funds … Read the full press release

University of Bath to receive GBP 65M from EIB to build new academic buildings and student residences

16-8-2013 — /EuropaWire/ — The European Investment Bank has agreed to provide GBP 65m to fund new academic buildings and student residences, as well as a significant programme to refurbish teaching and research facilities at the University of Bath. This long-term … Read the full press release