Category Archives: Business

Business Press Releases & News distributed via EuropaWire

UBS AG announced changes in its senior leadership team and Corporate Center structure

John Fraser to retire as CEO Global Asset Management business, retaining his position as its Chairman, Ulrich Koerner to become CEO Global Asset Management, Tom Naratil to become Group Chief Operating Officer in addition to current position as Group Chief … Read the full press release

UBS AG announced public cash tender offer to buy back certain outstanding tier 2 and senior bonds

Zurich/Basel, Switzerland, 07-12-2013 — /EuropaWire/ — UBS offers to buy back certain outstanding tier 2 and senior bonds for cash up to approximately CHF 2.15 billion. UBS announces today that it is making a cash tender offer in relation to five … Read the full press release

Connect magazine named Swisscom winner of its network test for five consecutive years

Connect magazine has named Swisscom as the winner of its network test for the fifth year in a row, proving that Swisscom has Switzerland’s best mobile telephony network. Swisscom received top marks for both telephony and its data communication services. … Read the full press release

Volvo Group CEO Olof Persson presented details on the financial effects of the company’s previously established strategy program

At the Volvo Group’s capital markets day in Gothenburg today, CEO Olof Persson presents the details of how the company’s previously established strategy program aims to have a positive impact of 3 percentage points on the Group’s operating margin by … Read the full press release

Banco de Portugal released the 2012 Enterprise and Sector Tables with economic and financial indicators on non-financial corporations

Lisbon, Portugal, 06-12-2013 — /EuropaWire/ — Banco de Portugal makes available today the Enterprise and Sector Tables for the year 2012, with economic and financial indicators on non-financial corporations from the Central Balance Sheet database based on data submitted under the Simplified … Read the full press release

Volvo Group and Eicher Motors Ltd joint-venture introduced new range of trucks and buses developed specifically for India

Gothenburg, Sweden, 06-12-2013 — /EuropaWire/ — On December 2, VE Commercial Vehicles Ltd (VECV), a joint-venture between the Volvo Group and Eicher Motors Ltd, launched the Pro Series, a new range of trucks and buses developed specifically for India and other selected … Read the full press release

The European Commission announced it fined 8 international banks € 1.71 billion for financial derivatives cartels within the European Economic Area

Brussels, Belgium, 05-12-2013 — /EuropaWire/ — The European Commission has fined 8 international financial institutions a total of € 1 712 468 000 for participating in illegal cartels in markets for financial derivatives covering the European Economic Area (EEA). Four of these … Read the full press release

Microsoft acquisition of Nokia’s mobile device business cleared by the European Commission under EU merger regulation

Brussels, Belgium, 05-12-2013 — /EuropaWire/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of most of Nokia Corporation’s devices & services business (the “D&S business”) by Microsoft Corporation. The D&S business mainly produces and sells smartphones … Read the full press release

The Swiss National Bank (SNB) announced issuance calendars for Confederation bonds and money market debt register claims in 2014

Zurich, Switzerland, 04-12-2013 — /EuropaWire/ — The Swiss National Bank (SNB) and the Federal Finance Administration (FFA) advise as follows: The likely positive fiscal result for the Confederation in 2013 and the reduction of liquid funds will drive down the need for borrowed … Read the full press release

Wienerberger AG announced antitrust proceedings against its former wholly owned subsidiary in Germany terminated

 End of proceedings against Koramic Dachprodukte GmbH & Co KG Wienerberger is committed to fair competition Vienna, Austria, 04-12-2013 — /EuropaWire/ — Wienerberger AG today received the official decision that the proceedings initiated against Koramic Dachprodukte GmbH & Co KG, a former … Read the full press release

Big Data Analytics steht ganz oben auf der Agenda des Top-Managements in Deutschland, Österreich und der Schweiz

Big Data Analytics steht oben auf der Agenda des Top-Managements – Unternehmen sehen eigene Schwächen bei Business-Analytics-Kompetenzen Universität Potsdam veröffentlicht zweite Studie zu Status und Potenzial der Analytics-Nutzung von Unternehmen in Deutschland, Österreich und der Schweiz (DACH) Im Fokus: branchenübergreifender … Read the full press release

BAWAG P.S.K. announces redemption of additional €150 million of the participation capital held by the Republic of Austria

Vienna, Austria, 02-12-2013 — /EuropaWire/ — In the further execution of its strategic and capital plans, BAWAG P.S.K. today announces the redemption of an additional EUR 150 million of the participation capital held by the Republic of Austria. Together with the EUR 50 million … Read the full press release

Bayer MaterialScience launched ultra-modern technical center for foams and expanded coating raw materials production at its headquarters in Leverkusen

Ultra-modern technical center for foams / New production plant for coating raw materials commissioned Leverkusen, Germany, 02-12-2013 — /EuropaWire/ — With the latest equipment for product development and the expansion of its production capacity, materials manufacturer Bayer MaterialScience continues to adapt to … Read the full press release

Toy manufacturer LEGO Group partners with WWF to focus on collaboration with suppliers to reduce total carbon emissions

Just a tenth of the total carbon emission related to LEGO® products originates from processes taking place at LEGO factories during production of LEGO bricks and sets. The LEGO Group is now expanding the dialogue with suppliers to reduce the … Read the full press release

French hospital CH Jean Rougier to implement Agfa HealthCare’s HYDMedia electronic archiving and healthcare document system

Solution will optimize productivity, improve workflow and offer immediate access to all hospital files, from anywhere HYDMedia will allow the hospital to centralize its documents, whatever their type, source and format. The system will give the hospital better control over … Read the full press release

Agfa HealthCare to introduce its newest computed radiography (CR) solution at RSNA 2013 in Chicago, 1-6 December

Simple & smart design is combined with proven Agfa HealthCare technology CR 15-X is ideal for decentralized general radiography environments, private practices, small clinics, general orthopaedic and chiropractic offices. Highly versatile system thanks to four different cassette sizes: 35×43, 24×30, … Read the full press release

VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe announced changes in its Managing Board

Vienna, Austria, 29-11-2013 — /EuropaWire/ — In view of the highly negative performance of the motor insurance business of DONAU Versicherung AG Vienna Insurance Group (DONAU) in Italy, Dr Franz KOSYNA (General Manager of DONAU from 1 July 2009 to 31 May 2012) is … Read the full press release

Henkel webinar „Adhesives in Food contact: Legislation today and tomorrow“

Düsseldorf, Germany, 29-11-2013 — /EuropaWire/ — Die sichere Nahrungsmittelverpackung ist ein Thema mit dem sich Henkel als weltgrößter Klebstoffhersteller intensiv beschäftigt. Auf der Wissensplattform „Food Safe Packaging Portal Europe“ informiert Henkel am 5. Dezember 2013 ab 10 Uhr zum Thema „Adhesives … Read the full press release

Fincantieri to work on innovative drillship and to build semisubmersible floating platform for nuclear submarine reactor compartments transportation

Trieste, Italy, 29-11-2013 — /EuropaWire/ — During the Italy-Russia Business Forum, being held today in Trieste, Fincantieri announced, in the presence of Enrico Letta, Italy’s President of the Council of Ministers, and Vladimir Putin, President of the Russian Federation, the signing of … Read the full press release

Van Hool NV and its exclusive distributor in North America ABC Companies launched two new coach models on the American market

Van Hool confirms strategic importance of the American market. Van Hool and ABC: 25 years on the American market and more than 9,000 coaches sold. Koningshooikt, Belgium / Winter Garden, Fl, USA, 29-11-2013 — /EuropaWire/ — Van Hool NV, an independent manufacturer of … Read the full press release