Category Archives: Business

Business Press Releases & News distributed via EuropaWire

EIB priced SEK 400 million tap of its SEK 750 million Climate Awareness Bond (CAB) maturing on July 24, 2020

02-8-2013 — /EuropaWire/ — On July 30, the European Investment Bank (‘EIB’) priced a SEK 400 million tap of its SEK 750 million Climate Awareness Bond (CAB) maturing on July 24, 2020. The bond was placed with Scandinavian investors. EIB CABs … Read the full press release

NORMA Group to deliver 3M fluid systems annually and equip 1.1M vehicles in the luxury segments until 2023 for German vehicle and engine manufacturer

Maintal, Germany, 02-8-2013 — /EuropaWire/ — NORMA Group, an international market and technology leader for engineered joining technology, received a major order for NORMAFLEX fluid systems for various applications from a leading German vehicle and engine manufacturer. The tubes will be … Read the full press release

Casino acquired the remaining 50% of Monoprix and now controls the Group

02-8-2013 — /EuropaWire/ —  Further to the approval of the French Competition Authority to take exclusive control of Monoprix Group, Casino finalized the acquisition of the remaining 50% of Monoprix held by a subsidiary of Crédit Agricole Corporate and Investment … Read the full press release

Update on the European Union most important on-going and forthcoming free trade agreements

02-8-2013 — /EuropaWire/ — Over the next years, 90% of world demand will be generated outside the EU. That is why it is a key priority for the EU to open up more market opportunities for European business by negotiating new … Read the full press release

EC study reveals 71% of all EU wireless data traffic in 2012 was delivered to smartphones and tablets using Wi-Fi

02-8-2013 — /EuropaWire/ — A new European Commission study has found that people are flocking to use Wi-Fi internet and the trend is set to continue. 71% of all EU wireless data traffic in 2012 was delivered to smartphones and tablets using Wi-Fi, … Read the full press release

Casino Group finalized the acquisition of 38 convenience stores from the German hard-discounter Norma Group

Paris, 01-8-2013 — /EuropaWire/ — Further to the approval of the French Competition Authority, Casino Group finalized the acquisition of 38 convenience stores based in southeast France from the Norma Group, a German hard-discounter. This strategic acquisition notably enables the continuation of … Read the full press release

Pöyry PLC announced revenues short of expectations and order prospects pipeline solid in its H1 2013 interim report

01-8-2013 — /EuropaWire/ — REVENUES SHORT OF EXPECTATIONS – ORDER PROSPECTS PIPELINE SOLID KEY FIGURES Pöyry Group 4-6/ 2013 4-6/ 2012 Change, % 1-6/ 2013 1-6/ 2012 Change, % 1-12/ 2012 Order stock at end of period, EUR million 555.7 644.1 … Read the full press release

Otpravnik poslova libijske ambasade posjetio Bosnalijek

U ponedjeljak, 01-8-2013 — /EuropaWire/ — godine, otpravnik poslova libijske ambasade Ali Badi se sastao u Bosnalijeku d.d. (Bosnalijek) sa v.d. direktorom Nedimom Uzunovićem i članovima Uprave Nerminom Zubčevićem, Admirom Kešom i Belmom Abazović. Prilikom ovog susreta, članovi Uprave su upoznali … Read the full press release

Husqvarna AB announced 128,051 Class A shares have been converted to Class B shares in July 2013

Stockholm, 01-8-2013 — /EuropaWire/ — According to Husqvarna AB´s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in Husqvarna AB. When such a … Read the full press release

Hansen Medical’s Magellan Robotic System and Philips’ Allura interventional X-ray systems reached certified compatibility

Companies secure certified compatibility of Hansen Medical’s Magellan® Robotic System and Philips’ Allura interventional X-ray systems Magellan System is currently the only robotic system on the market intended for use in the peripheral vasculature Mountain View, CA, Andover, MA, 01-8-2013 … Read the full press release

Husqvarna AB announced Hans Linnarson left its board after his resignation as CEO

Stockholm, 01-8-2013 — /EuropaWire/ — Due to Hans Linnarson’s resignation as CEO and President of Husqvarna AB, effective as of June 30, 2013, he has decided to leave the board of Husqvarna AB effective immediately. The above information has been made public … Read the full press release

Philips announced sales growth and improved operational results in its Q2 and H1 2013 results

01-8-2013 — /EuropaWire/ —  Philips reports second-quarter comparable sales growth of 3% to EUR 5.7 billion; operational results improve by 30% to EUR 530 million Comparable sales in growth geographies up 12%, driven by China EBITA was EUR 603 million, … Read the full press release

EIB to provide €500M for the Castor underground gas storage project in Spain as the first successful use of project bond credit enhancement

01-8-2013 — /EuropaWire/ — The first transaction under the Project Bond Credit Enhancement initiative has successfully taken place. Investment in the Castor underground gas storage project, that will provide storage for 30% of Spain’s daily gas consumption, was supported by the … Read the full press release

Atos subsidiary for e-payment transactional services Worldline to implement telematic platform for the B2B customers of fleet mobility company MICHELIN® solutions

Paris, 31-7-2013 — /EuropaWire/ — Worldline, Atos subsidiary for e-payment transactional services, to assist MICHELIN® solutions, a Michelin group company specialising in fleet mobility, with the implementation of innovative connected solutions for B2B customers. The Worldline solution Connected Vehicles gives MICHELIN® solutions … Read the full press release

Atos Worldgrid’s Atos Smart Grid Suite now Oracle Exadata and Oracle Exalogic Optimized through Oracle PartnerNetwork

Atos Smart Grid Suite Optimized for Speed and Reliability on Oracle Exadata Database Machine and Oracle Exalogic Elastic Cloud Paris, 31-7-2013 — /EuropaWire/ — Atos Worldgrid, an international subsidiary of Atos, today announced it has strengthened its Atos Smart Grid Suite (ASGS) … Read the full press release

abertis announced it now controls 57.05% of satellite operator Hispasat

The conclusion of the €172.5 million deal gives abertis 57.05% of Hispasat. The acquisition is subject to the approval of the Spanish cabinet and the competition authorities. 31-7-2013 — /EuropaWire/ — abertis today signed an agreement to purchase the 16.42% of Hispasat held by … Read the full press release

Portuguese Catholic University study commissioned by AEM reaffirmed REN’s AAA corporate governance rating

31-7-2013 — /EuropaWire/ — REN is among the companies that best comply with corporate governance recommendations, according to a study conducted by the Portuguese Catholic University, commissioned by Associação de Empresas Eminentes de Valores Cotados no Mercado – AEM [Portuguese Market-Listed … Read the full press release

Redes Energéticas Nacionais (REN) website awarded Silver Trophy in the best website category at the Best in Biz Awards 2013

31-7-2013 — /EuropaWire/ — REN was awarded the Silver Trophy in the best website of the year category at the Best in Biz Awards 2013. The Best in Biz Awards are one of the most prestigious awards for organisations, and the … Read the full press release

Swatch Group announced growth in both sales and profit in its H1 2013 report

The Group’s gross sales were up 8.7% to CHF 4 181 million, versus the very strong figures recorded in the first half of 2012. Benchmarked to the 1.5% export growth for wrist watches of the Swiss watch industry in the first … Read the full press release

Fokker Services Asia implemented new Enterprise Resource Planning (ERP) system called ‘Pentagon 2000SQL’

Hoofddorp, The Netherlands, 31-7-2013 — /EuropaWire/ — Fokker Services Asia (FSA), based in Singapore, has implemented a new Enterprise Resource Planning (ERP) system named ‘Pentagon 2000SQL’. The system will connect FSA with the global Fokker Services logistical system leading to an increased … Read the full press release