Category Archives: Business

Business Press Releases & News distributed via EuropaWire

EIB announced plans to delist its $3 billion 4.875% Notes from the New York Stock Exchange

31-7-2013 — /EuropaWire/ — The EIB intends to delist its USD 3 billion 4.875% Notes due 17 January 2017 (the “Notes”) from the New York Stock Exchange (the “NYSE”) and to terminate their registration under section 12(b) of the U.S. Securities … Read the full press release

Fokker Services received approval from EASA and FAA for its new component repair shop in Singapore

Singapore, 31-7-2013 — /EuropaWire/ — Fokker Services has received approval from EASA and FAA for its new component repair shop in Singapore. The component repair shop focuses on Regional Aircraft and serves its customers with Avionics, Hydraulics and limited structure component maintenance. … Read the full press release

EIB, Barclays PLC to provide £55M for academic and campus development to the University of Leicester

Record Inward investment for Leicester to: Build one of the most energy efficient buildings in the UK Improve the iconic Grade 2* Listed landmark Stirling-Gowan Engineering Building Fund several new academic research centres Enhance sports facilities Develop a campus to … Read the full press release

EU’s statistical office Eurostat released June 2013 unemployment rates: euro area – 12.1%, EU27 – 10.9%

31-7-2013 — /EuropaWire/ — The euro area1 (EA17) seasonally-adjusted2 unemployment rate3 was 12.1% in June 2013, stable compared with May4. The EU271 unemployment rate was 10.9%, down from 11.0% in May4. In both zones, rates have risen compared with June 2012, when they were 11.4% and 10.5% … Read the full press release

Romania’s 3rd largest mobile operator and OTE’s subsidiary COSMOTE Romania received €225M syndicated loan arranged by EBRD

31-7-2013 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is boosting Romania’s fast-growing mobile broadband communications market, with the largest syndicated loan in the country this year, in a move intended to offer people and businesses more value … Read the full press release

France’s €571.9M restructuring aid granted to PSA Peugeot Citroën group has been approved by the European Commission

30-7-2013 — /EuropaWire/ — Following an in-depth investigation (see IP/13/392), the European Commission has concluded that restructuring aid of EUR 571.9 million granted by France to the PSA group is compatible with the internal market. In particular, the updated structuring plan will help to restore … Read the full press release

EBRD provides €190M long-term loan to global leader in the wood-based panels market Kronospan

30-7-2013 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) has signed two separate long-term loans today, which will provide up to €190 million for the construction by Kronospan – a privately held global leader in the wood-based panels … Read the full press release

Global aircraft leasing company Nordic Aviation Capital A/S sold two ATR 72-212, MSN 355 & MSN 426 to FedEx

Nordic Aviation Capital is pleased to confirm that it has sold two ATR 72-212, MSN 355 & MSN 426 to FedEx. 30-7-2013 — /EuropaWire/ — Nordic Aviation Capital A/S is a global aircraft leasing company dedicated to the worldwide sale, purchasing … Read the full press release

STRABAG Real Estate feiert Grundsteinlegung für Wohnkomplex in Flugfeld Böblingen/Sindelfingen

„Quartier 11“ heißt zukünftig „Terminal 11“ Stuttgart, 30-7-2013 — /EuropaWire/ — Die STRABAG Real Estate GmbH (SRE) feiert heute Grundsteinlegung für ihre Projektentwicklung auf dem Flugfeld Böblingen/Sindelfingen. Zugleich wurde der neue Name des bisher als „Quartier 11“ bekannten Gebäudeensembles vorgestellt: passend … Read the full press release

Nokia to issue 183 540 Nokia shares held by the company to 9200 Nokia employees participating in the Employee Share Purchase Plan

Espoo, Finland, 30-7-2013 — /EuropaWire/ — Nokia announced that Nokia’s Board of Directors has resolved to issue a maximum amount of 183 540 Nokia shares (NOK1V) held by the company directed to approximately 9200 Nokia employees participating in the Employee Share … Read the full press release

Nokia unveiled an accessibly priced 4G smartphone – Lumia 625

Espoo, Finland, 30-7-2013 — /EuropaWire/ — Nokia today announced the Nokia Lumia 625, an accessibly priced 4G smartphone to help people see more of what they love. The Nokia Lumia 625 delivers high-speed entertainment to a wide audience with a large 4.7-inch … Read the full press release

Marie Claire named Burda Praha its new publishing partner for the further development of its Czech edition

30-7-2013 — /EuropaWire/ — Marie Claire today announces Burda Praha as new publishing partner for the further development of its Czech edition. Burda Praha will assume all publishing and advertising sales responsibilities for Marie Claire from the November 2013 issue. Marie Claire is already well established … Read the full press release

Zumtobel Group’s latest annual report designed by the prominent British architect David Chipperfield and John Morgan studio graphic designers

Dornbirn, Austria, 30-7-2013 — /EuropaWire/ — The latest edition of the Zumtobel Group’s artistic annual report has been designed by the prominent British architect David Chipperfield in collaboration with graphic designers from John Morgan studio. The report, which was presented at … Read the full press release

VTB Bank issued bank guarantee to Sibneftegeofizika Company to secure state contract implementation

30-7-2013 — /EuropaWire/ — VTB Bank has issued a bank guarantee worth RUB 504 million to Sibneftegeofizika Company and has set a credit limit of RUB 250 million. The guarantee secures the implementation of commitments under a state contract with the … Read the full press release

Global mobile satellite communications company Inmarsat confirmed successful launch of the largest satellite Alphasat on Ariane 5 ECA launcher

30-7-2013 — /EuropaWire/ — Inmarsat (LSE:ISAT.L), the leading provider of global mobile satellite communications services, has confirmed the successful launch of Alphasat, the largest satellite, designated I-4A F4. Alphasat was launched on an Ariane 5 ECA, the latest version of the … Read the full press release

Dr. Jur. Théophile Margellos appointed President of the Boards of Appeal at EU’s Office for Harmonization in the Internal Market

30-7-2013 — /EuropaWire/ — The President of OHIM, António Campinos, has welcomed the appointment by the Council of the European Union of Théophile Margellos as President of the Boards of Appeal of OHIM. Théophile Margellos is currently serving as Chairperson of … Read the full press release

Zumtobel Group completed the purchase of the remaining shares in Thorn Lighting Tianjin China

Zumtobel Group purchased remaining shares in Thorn Lighting Tianjin Thorn Lighting Tianjin intends to expand its business scope to all outdoor lighting applications Dornbirn, Austria / Tianjin, China, 30-7-2013 — /EuropaWire/ — In the course of growing its presence in the … Read the full press release

CoR members: Future of European Union rural areas uncertain after recent EU budget cuts

30-7-2013 — /EuropaWire/ — Europe’s rural areas are home to 60% of the entire EU population and provide 56% of all jobs across the Union. Yet shortly after the agreement on the new Common Agricultural Policy, its future seems uncertain unless … Read the full press release

The European Central Bank released its July 2013 euro area bank lending survey

30-7-2013 — /EuropaWire/ — The European Central Bank (ECB) is publishing its report on the results of the July 2013 euro area bank lending survey today. The bank lending survey, which is conducted four times a year, usually at the beginning … Read the full press release

EU Court of Justice’s judgment in the cartel on elevator and escalator market case C-501/11 P

Luxembourg, 30-7-2013 — /EuropaWire/ — The Schindler group is one of the largest groups in the world supplying elevators and escalators. Its parent company is Schindler Holding, established in Switzerland. The Schindler group operates through national subsidiaries, which include Schindler Management AG … Read the full press release