Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Economic and Monetary Affairs Committee: Banking needs a culture change

21-3-2013 — /europawire.eu/ — Banking needs a culture change, which piecemeal legislation will not achieve on its own, says a draft report presented in the Economic and Monetary Affairs Committee on Wednesday. It advocates further, more radical reforms, including separating retail … Read the full press release

LUKOIL & VETEK Group sign a deal for PAO LUKOIL – Odessa Refinery

21-3-2013 — /europawire.eu/ — The OAO LUKOIL Press Service announces that the company and VETEK Group have signed an agreement on the purchase and sale of the public joint-stock company PAO LUKOIL – Odessa Refinery. As a result of the transaction, … Read the full press release

MEPs quizzed European Commission Aviation Director Matthew Baldwin on flight and duty times for pilots

21-3-2013 — /europawire.eu/ — MEPs quizzed European Commission Aviation Director Matthew Baldwin on Tuesday about the new rules on flight and duty times for flight crews recommended by the European Aviation Safety Agency (EASA). The Commission has yet to table a … Read the full press release

EIB & RTE sign a €500m finance agreement to upgrade France’s power grid

Luxembourg, La Défense, 21-3-2013 — /europawire.eu/ — The European Investment Bank has agreed to participate in the financing of seven high voltage and very high voltage power grid upgrading projects in France over the period 2012-2016. This participation takes the form of a … Read the full press release

LUKOIL launched construction of a combined-cycle gas turbine (CCGT) unit close to the Stavrolen petrochemical complex

21-3-2013 — /europawire.eu/ — LUKOIL has started construction of a combined-cycle gas turbine (CCGT) unit in the regional industrial park located close to the Stavrolen petrochemical complex. The 135-megawatt CCGT unit is designed to satisfy the needs of the gas chemical … Read the full press release

Avia Solutions Group: worldwide shortage in aftermarket spare parts for the Boeing 777

20-3-2013 — /europawire.eu/ — Narrowing supply stocks and the near-absence of aircraft for disassembly have sparked a worldwide shortage in aftermarket parts for the Boeing 777. In a confounding turn of events, B777 operators are resorting to part exchange options and … Read the full press release

Intershop is exhibiting at this year’s E-Shop Expo in Brussels, Belgium

20/21 March at Tour & Taxis, Brussels, Belgium Brussels, Belgium, 20-3-2013 — /europawire.eu/ — Intershop to Exhibit at E-Shop Expo 2013, Brussels, Belgium. The leading exhibition for online retail, marketing, sales, payment and logistics takes place on 20/21 March at Tour & Taxis. … Read the full press release

Almirall presents the latest news in respiratory diseases

The NAR and the 9th symposium on respiratory diseases reflect Almirall’s commitment to patients and its support and training for professionals Aclidinium, Almirall’s proprietary R&D medicine for the relief of Chronic Obstructive Pulmonary Disease (COPD) symptoms through its user-friendly delivery … Read the full press release

GLOBALFOUNDRIES & Brion Technologies collaborating to deliver high volume computational lithography capabilities for 28 nm and 20 nm tapeouts

Veldhoven, the Netherlands, 20-3-2013 — /europawire.eu/ — Brion Technologies, a division of ASML, today announces a major milestone in its partnership with GLOBALFOUNDRIES. The companies are collaborating to deliver high volume computational lithography capabilities for 28 nm and 20 nm tapeouts, … Read the full press release

Grupo ACS net debt has been reduced by 4,382 euro million, a 47%, down to 1.8 times EBITDA

Madrid, 20-3-2013 — /europawire.eu/ — Sales accounted for 38,396 euro million, a 34.9% more than in the same period of last year. Recurrent net profit accounted for 705 euro million and, after the adjustment from the partial sale and the impairment of … Read the full press release

ArcelorMittal holds 2013 Investor Day

ArcelorMittal is today holding its 2013 Investor Day, during which the Company will (among other things): Re-iterate its 2013 guidance  Announce a new management gains improvement target of US$3 billion by the end of 2015 Set out a roadmap to … Read the full press release

The European Investment Bank will finance the upgrade of the France’s power grid with EUR 500m

20-3-2013 — /europawire.eu/ — The European Investment Bank has agreed to participate in the financing of seven high voltage and very high voltage power grid upgrading projects in France over the period 2012-2016. This participation takes the form of a loan … Read the full press release

Neelie Kroes: Opening up Scientific Data

Launch of the Research Data Alliance/Stockholm, 20-3-2013 — /europawire.eu/ — I am very happy to be with you today, here in the EU, to launch the global Research Data Alliance. Scientists have always sought new ways to share. And they’ve always been … Read the full press release

The Police Service of Northern Ireland adds another EC145 helicopter to its all-Eurocopter fleet

The acquisition of an EC145 by the Police Service of Northern Ireland will add another helicopter to this agency’s all-Eurocopter fleet, and reinforces the company’s impressive presence with law enforcement agencies in the British Isles. Belfast, Northern Ireland, 20-3-2013 — /europawire.eu/ … Read the full press release

The President of the Committee of the Regions Valcárcel shares European Parliament commitment to improve EU budget

20-3-2013 — /europawire.eu/ — The President of the Committee of the Regions, Ramón Luis Valcárcel Siso, welcomes the resolution on the Multi-Annual Financial Framework (MFF) 2014-2020 adopted today by the European Parliament: “This vote is a first important step in the … Read the full press release

European Parliament: Safeguarding personal data while boosting competition for business

20-3-2013 — /europawire.eu/ — The “right to be forgotten”, explicit consent before a person’s data is collected and a ban on profiling on the basis of ethnic, religious or sexual orientation criteria are among the main demands for data protection reform … Read the full press release

European Parliament President Martin Schulz: deal on banking union a step forward, insufficient for Cyprus

Rome, 20-3-2013 — /europawire.eu/ — European Parliament President Martin Schulz made the following statement after the European Parliament and the Council reached an agreement on legislation creating the foundations of the banking union. “Today’s agreement is a step towards building … Read the full press release

The Copenhagen-based European Environment Agency fails budget discharge test

20-3-2013 — /europawire.eu/ — The Copenhagen-based European Environment Agency was the only EU agency whose management of EU funds in 2011 was not approved by the Budgetary Control Committee on Tuesday. In other votes, the European Commission and other EU institutions … Read the full press release

Airbus and the Global Engineering Deans Council join forces to encourage diversity in engineering classrooms worldwide

Call for nominations opens with ten thousand USD award for diversity champion Blagnac,  20-3-2013 — /europawire.eu/ — Airbus, the European aircraft manufacturer and the GEDC (Global Engineering Deans Council), the leading global organisation for engineering education, have opened the call for … Read the full press release

Valcárcel: Full involvement of regional and local authorities key to implementing EU’s growth agenda

19-3-2013 — /europawire.eu/ — The president of the Committee of the Regions, Ramón Luis Valcárcel Siso, considers the Spring Council outcome as a “step towards urgent and necessary change in the EU strategy to balance fiscal consolidation and growth measures.” A … Read the full press release