Category Archives: Business

Business Press Releases & News distributed via EuropaWire

TeliaSonera’s Omnitel acquired two licenses in the 800 MHz spectrum to develop 4G network in Lithuania

TeliaSonera has acquired two licenses in the 800 MHz spectrum to develop the 4G network, in an auction held by Lithuanian Communications Regulatory Authority. Stockholm, Sweden, 28-10-2013 — /EuropaWire/ — The 800 MHz frequencies will enable a roll-out of 4G services in … Read the full press release

EU and China discussed open economies challenges and opportunities at 4th EU-China High Level Economic and Trade Dialogue

Brussels, Belgium, 25-10-2013 — /EuropaWire/ — The EU and China held their fourth High Level Economic and Trade Dialogue (HED) on 24 October in Brussels. The overarching theme of the meeting was how the EU and China can address challenges and create … Read the full press release

Progress is made on the 3rd Round of EU-Japan Trade Talks, focus was on the future Free Trade Agreement text

Brussels, Belgium, 25-10-2013 — /EuropaWire/ — The third round of EU-Japan Free Trade Agreement negotiations took place in the week of the 21-25 October in Brussels. This round of negotiations focussed on discussing each side’s proposals for the text of the future … Read the full press release

Telenor Sweden acquired Tele2 Sweden AB’s fibre and cable consumer market business for SEK 775 million

Stockholm, Sweden, 25-10-2013 — /EuropaWire/ — Telenor Sweden (Telenor) is continuing its commitment in broadband and television services and buys Tele2 Sweden AB (Tele2) fibre and cable business serving the consumer market for a cash sum of SEK 775 million. In 2012, … Read the full press release

Vivendi settled dispute in international arbitration with State of Argentina over 1997 water contract termination

Paris, France, 25-10-2013 — /EuropaWire/ — Vivendi announced today that it has settled a dispute with the State of Argentina resulting from the termination of a water contract in Tucuman province in August 1997. As a result of an international arbitration, Vivendi … Read the full press release

Vivendi divested 85% interest in Activision Blizzard for $8.2 billion in cash

Paris, France, 25-10-2013 — /EuropaWire/ — Vivendi announced today the completion of the divestment of over 85% of its interest in Activision Blizzard. The Group has received cash proceeds totaling $8.2billion. This divestment represents a major step forward in the strategic review Vivendi … Read the full press release

SNS REAAL NV announced change in its supervisory board

Utrecht, the Netherlands, 24-10-2013 — /EuropaWire/ — Piero Overmars, Jaap Lagerweij, Robert Jan van de Kraats and Herna Verhagen will resign from the Supervisory Board of SNS REAAL NV (the Supervisory Board) per 1 November 2013. At the Extraordinary General Meeting of … Read the full press release

CFO of Energetický a průmyslový holding Pavel Horsk named The CFO of the Year 2013 by CFO-Insight.com

Prague, Czech Republic, 24-10-2013 — /EuropaWire/ — The well-respected CFO-Insight.com website has given The CFO of the Year 2013 award to Pavel Horský, CFO of Energetický a průmyslový holding (“EPH”). Pavel Horský accepted the award at a gala evening in Warsaw. Pavel … Read the full press release

VimpelCom announced it will be included in NASDAQ-100 Index® effective October 29, 2013

Amsterdam, the Netherlands, 24-10-2013 — /EuropaWire/ — “VimpelCom Ltd.” (“VimpelCom”, “Company” or “Group”) (NASDAQ:VIP), a leading global provider of telecommunications services, announces that the Company will be added to the NASDAQ-100 Index® effective October 29, 2013. “NASDAQ-100 Index inclusion is an important milestone … Read the full press release

SGL Group announced will close its Canadian graphite electrode facility located in Lachute, Quebec

Closure is part of the “SGL2015” cost savings program Operations will begin to wind down at the end of the year with expected completion within Q1/2014 110 employees impacted Wiesbaden / Lachute (QE, Canada), 24-10-2013 — /EuropaWire/ —  SGL Group – The … Read the full press release

FAO & EBRD promoted Fourth Ukrainian Grain Congress in Kiev gathered more than 200 influential experts and key international stakeholders

Kiev, Ukraine, 24-10-2013 — /EuropaWire/ — More than 200 influential experts, from the Ukrainian grain industry, public sector institutions, academia and international organisations participated at the Fourth Ukrainian Grain Congress in Kiev today. The Congress, promoted by the Food and Agriculture Organization … Read the full press release

GlaxoSmithKline delivers Q3 core EPS of 28.9p (+16% CER) and dividend of 19p (+6%)

London, UK, 23-10-2013 — /EuropaWire/ — GSK announces Q3 core EPS growth of 16% and dividend of 19p Core EPS 28.9p (+16%) benefiting from operating, financial and long-term cost efficiencies Pharma & Vaccines sales flat: US +2%, Europe +5%, Japan +2% offset by … Read the full press release

International real estate advisor Savills and US’s largest retail focused real estate firm SRS Real Estate Partners formed strategic alliance

London, UK, 23-10-2013 — /EuropaWire/ — International real estate advisor Savills has announced the formation of a strategic alliance with SRS Real Estate Partners (SRS) – the largest real estate firm exclusively dedicated to servicing retail clients in the US. The arrangement … Read the full press release

Euler Hermes named best credit service provider in China at the 10th China International Credit and Risk Management Conference

Hong Kong / Singapore, 23-10-2013 — /EuropaWire/ — Euler Hermes was named best credit service provider in China at the 10th China International Credit and Risk Management Conference held in Beijing recently. It shares this year’s award with Sinosure. Xi Zhen Wang, CEO of … Read the full press release

The Financial Action Task Force (FATF) released its 6th Follow-up Report on the Mutual Evaluation of the Russian Federation

Paris, France, 22-10-2013 — /EuropaWire/ — In October 2013, the FATF recognised that the Russian Federation had made significant progress in addressing the deficiencies identified in the 2008 mutual evaluation report and could be removed from the regular follow-up process. The decision by the … Read the full press release

The Financial Action Task Force (FATF) released its 2nd Follow-up Report on the Mutual Evaluation of New Zealand

Paris, France, 22-10-2013 — /EuropaWire/ — New Zealand was placed in the regular follow-up process as a result of non-compliant (NC) and partially compliant (PC) ratings for certain core and key Recommendations in its mutual evaluation report of October 2009. The October 2013 … Read the full press release

Neste Oil Corporation’s Q3 2013 results will be released on Thursday, 24 October 2013

Espoo, Finland, 22-10-2013 — /EuropaWire/ — Neste Oil will publish its third quarter 2013 results on Thursday, 24 October 2013 at approximately 9 a.m. (EET). The release will be available on the Neste Oil website immediately after publishing. A press conference in … Read the full press release

NEFCO to finance investments in municipal energy efficiency projects Ukrainian cities of Vinnytsia and Zhytomyr

Helsinki, Finland, 22-10-2013 — /EuropaWire/ — The Ukrainian cities of Vinnytsia and Zhytomyr have signed loan agreements with NEFCO to finance investments in municipal energy efficiency measures. The agreements were signed today at the Ukrainian Ministry of Regional Development, Construction and … Read the full press release

Neste Oil’s premium-quality diesel fuel Neste Pro Diesel first to comply with the WWFC 5 specification

Espoo, Finland, 22-10-2013 — /EuropaWire/ — Neste Pro Diesel, a premium-quality diesel fuel developed and produced by Neste Oil in Finland, is the first anywhere to comply with the WWFC 5 specification drawn up as part of the Worldwide Fuel Charter (WWFC) … Read the full press release

Nordic Environment Finance Corporation (NEFCO) to launch export credits for SME environmentally-friendly projects in Russia, the Ukraine and Belarus

Nordic Environment Finance Corporation (NEFCO) will begin offering export credits for small-scale projects with environmental benefits in Russia, the Ukraine and Belarus. The export credits are intended for Nordic companies export deliveries valued at EUR 0.5-5 million. Nordic export credit … Read the full press release