Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Panasonic Corporation announced it will end the production of plasma display panels (PDP) in December 2013

Bracknell, UK, 1-11-2013 — /EuropaWire/ — Panasonic Corporation today announced that in order to create a business structure that can respond to changes in the business environment and to accelerate the growth strategy of the company, the company will end the production … Read the full press release

The European Commission approved €40 million funding for 14 new research projects on resource efficiency

Brussels, Belgium, 1-11-2013 — /EuropaWire/ — The European Commission has approved funding for 14 new research projects to shape a more resource-efficient economy in Europe. The projects, which involve the collaboration of over 140 partners from research organisations and private companies, will tackle … Read the full press release

Banco Comercial Portugues, S.A.’s subsidiary BCP Investment B.V. divested its holding in Piraeus Bank

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), CANADA, AUSTRALIA, JAPAN, SOUTH AFRICA OR  ANY OTHER JURISDICTION … Read the full press release

Piraeus Bank completed the integration of former Bank of Cyprus branch network systems into the united Group’s IT environment

Successful integration of the former Cyprus Bank’s branch network to the Piraeus Bank IT systems’ environment. Athens, Greece, 1-11-2013 — /EuropaWire/ — Over the weekend of October 26 and 27, 2013, Piraeus Bank successfully completed the project of integrating the former Bank … Read the full press release

OAO NOVATEK launched the Eastern dome of North-Urengoyskoye field developed by Nortgas joint venture

Moscow, Russia, 1-11-2013 — /EuropaWire/ — OAO NOVATEK (“NOVATEK” and/or the “Company”) announced today the launch of the Eastern dome of the North-Urengoyskoye field developed by the Nortgas joint venture. Eighteen (18) production wells have been completed at the Eastern dome, and … Read the full press release

Corporate Europe Observatory (CEO): more than half of the European Food Safety Authority experts have conflicts of interest

Brussels, Belgium, 1-11-2013 — /EuropaWire/ — Almost 60% of experts sitting on the European Food Safety Authority’s (EFSA) panels have direct or indirect links with industries regulated by the agency, according to an independent screening performed by Corporate Europe Observatory (CEO) and … Read the full press release

Russia’s largest independent gas producer NOVATEK to expand Purovsky plant capacity from 5 to 11 million tons

Moscow, Russia, 31-10-2013 — /EuropaWire/ — OAO NOVATEK (“NOVATEK” and/or the “Company”) announced today that first two (out of four) gas condensate stabilization trains with three (3) million tons per annum overall capacity were launched as part of a project for expanding … Read the full press release

Citycon’s CEO Marcel Kokkeel rang New York NASDAQ Stock Market Bell celebrating the company’s 25th anniversary

Helsinki, Finland, 31-10-2013 — /EuropaWire/ — Citycon Oyj (NASDAQ OMX: CTY1S), the leading owner, manager and developer of urban grocery-anchored shopping centres in the Nordic and Baltic regions, today noted the company’s 25th anniversary with Chief Executive Officer, Marcel Kokkeel, rings the … Read the full press release

Marchesini Group opened 5,400 square meters new facility for assembly of complete packaging lines

Pianoro (BO), Italy, 31-10-2013 — /EuropaWire/ — The opening ceremony for the new Marchesini Group facility has taken place today in the afternoon in front of the corporate Headquarters. The event, attended by 2,500 people among employees, suppliers and friends, also saw the highest national and local authorities … Read the full press release

The Basel Committee on Banking Supervision issued its second consultative paper on the fundamental review of capital requirements for the trading book

Basel, Switzerland, 31-10-2013 — /EuropaWire/ — The Basel Committee on Banking Supervision has today issued a second consultative paper on the fundamental review of capital requirements for the trading book. The paper comprises a detailed set of proposals for a comprehensive revision of the … Read the full press release

Ed. Züblin AG’s Danish subsidiary to build €140M six-storey multi-use building in Copenhagen for Realdania Byg A/S

 Züblin A/S realising “Bryghus” in Copenhagen according to a design by Rem Koolhaas  Contract value of about 140 million € Construction time autumn 2013 – autumn 2017  Stuttgart, Germany, 31-10-2013 — /EuropaWire/ — Züblin A/S, a Danish subsidiary of Ed. Züblin AG, … Read the full press release

Western Union et La Banque Postale annoncent le renouvellement de leur partenariat de long-terme

Paris, France, 30-10-2013 — /EuropaWire/ — Western Union (NYSE : WU), un leader des services de transfert d’argent dans le monde, et La Banque Postale, qui bénéficie du vaste réseau de bureaux de poste en France, annoncent le renouvellement de leur partenariat de long-terme, … Read the full press release

Národná banka Slovenska’s Bank Board issued statement following its 26th meeting

Bratislava, Slovak Republic, 30-10-2013 — /EuropaWire/ — The 26th meeting of the Bank Board of Národná banka Slovenska was held today (29 October 2013) and was chaired by Jozef Makúch, the NBS Governor. The Bank Board took note of the NBS Monthly Bulletin … Read the full press release

Banif – Banco Internacional do Funchal, S.A. registered €70,795,220 share capital increase through the issue of 7,079,522,043 new shares

Lisbon, Portugal, 30-10-2013 — /EuropaWire/ — Banif – Banco Internacional do Funchal, S.A. informs that, on the present date, it has registered a share capital increase in the amount of €70,795,220, through the issue of 7,079,522,043 new shares. Following this capital increase, the share … Read the full press release

UK’s lobbying organisation CBI: High street sales stall but growth expected to return

London, UK, 30-10-2013 — /EuropaWire/ — High street sales were flat in the year to October, disappointing retailers’ expectations for another solid rise, but robust growth is expected to return next month, the CBI said today. The CBI’s latest monthly Distributive Trades … Read the full press release

Rio Tinto sold its 50.1% interest in the Clermont Joint Venture to Glencore Xstrata and Sumitomo owned GS Coal Pty Ltd for US$1.015 billion

London, United Kingdom, 30-10-2013 — /EuropaWire/ — Rio Tinto has reached a binding agreement for the sale of its 50.1 per cent interest in the Clermont Joint Venture to GS Coal Pty Ltd, a company jointly owned by Glencore Xstrata and Sumitomo … Read the full press release

Euro area Business Climate Indicator (BCI) continued upward trend in October 2013

Brussels, Belgium, 30-10-2013 — /EuropaWire/ — In October 2013, the Business Climate Indicator (BCI) for the euro area continued the upward trend that started in May 2013. It increased by 0.18 points to 0.01, close to its historic long-term average. The assessments … Read the full press release

EC to reduce costs and simplify administration for the construction sector across EU

Brussels, Belgium, 30-10-2013 — /EuropaWire/ — Today the Commission took another step to simplify administration and reduce costs for businesses in the construction sector. According to the Commission’s proposal, manufacturers of construction products (e.g. bricks, insulation, doors etc.) will be able to … Read the full press release

The European Central Bank (ECB) published its report on October 2013 euro area bank lending survey results

Frankfurt am Main, Germany, 30-10-2013 — /EuropaWire/ —  The European Central Bank (ECB) is publishing its report on the results of the October 2013 euro area bank lending survey today. The bank lending survey, which is conducted four times a year, … Read the full press release

Practical guidelines on 2015 VAT change released by EC

Brussels, Belgium, 30-10-2013 — /EuropaWire/ — The Commission has today published practical guidelines to prepare businesses for the new VAT rules for telecoms and e-services, which will enter into force in 2015. The aim is to help businesses to be fully prepared … Read the full press release