Category Archives: Business

Business Press Releases & News distributed via EuropaWire

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

The European Commission updates EU rules to complete the legal framework for Europe-wide patent protection

30-7-2013 — /EuropaWire/ — The European Commission has today proposed to complete the legal framework for Europe-wide patent protection by updating EU rules on the jurisdiction of courts and recognition of judgements (the so-called “Brussels I Regulation”). The changes will prepare … Read the full press release

EIB announced it appointed Expert and Alternate Expert Members to its Board of Directors

30-7-2013 — /EuropaWire/ — On a proposal from the President, the Board of Directors decided to appoint by written procedure on 19 July 2013 the following EIB Board Members as Expert Members and Alternate Expert Members of the Board of Directors: … Read the full press release

Ukrainian agribusiness company CJSC Ecoprod takes seven-year EBRD loan to develop 1.5MW biogas plant

29-7-2013 — /EuropaWire/ — Ukraine’s Donbass mining region, which started developing in the late 19th century and became the industrial heart of the Soviet Union, is famous for its ruthless managers running gigantic plants and more recently the entire country. So it … Read the full press release

EIB financed €225m out of the total €598m cost for construction and in-orbit validation of Alphasat, the world’s largest and most sophisticated commercial satellite

29-7-2013 — /EuropaWire/ — The world’s largest and most sophisticated commercial satellite was launched successfully from the European Space port in Kourou, French Guiana on 25 July. Called Alphasat, it will provide advanced voice and data communications for customers across Europe, … Read the full press release

HM Treasury announced Her Majesty The Queen agreed on the appointment of Sir Jon Cunliffe as Deputy Governor of Bank of England for Financial Stability

29-7-2013 — /EuropaWire/ — HM Treasury has today announced that Her Majesty The Queen has agreed, on the recommendation of the Chancellor and Prime Minister, to appoint Sir Jon Cunliffe as Deputy Governor of the Bank of England with responsibility for … Read the full press release

Bank of England Deputy Governor Paul Tucker named Senior Fellow at Harvard Kennedy School’s M-RCBG in Cambridge and Harvard Business School’s Finance Unit in Boston

29-7-2013 — /EuropaWire/ — The Harvard Kennedy School, the Harvard Business School and the Bank of England are today announcing that Paul Tucker, currently Deputy Governor for Financial Stability and member of the Monetary Policy Committee at the Bank of England, … Read the full press release

Eurobank Ergasias S.A. signed with Hellenic Financial Stability Fund to acquire 100% of the shares and voting rights of New TT Hellenic Postbank and S.A. New Proton Bank S.A.

29-7-2013 — /EuropaWire/ — Eurobank Ergasias S.A. (“Eurobank”) signed today two binding agreements with the Hellenic Financial Stability Fund (“HFSF”) to acquire 100% of the shares and voting rights of New TT Hellenic Postbank S.A. (“HPB”) and New Proton Bank S.A. (“Proton”). … Read the full press release

US Federal Circuit Court invalidated patents asserted against Sandoz by Teva Pharmaceuticals in litigation over generic version of Copaxone

Princeton, New Jersey, 29-7-2013 — /EuropaWire/ — Sandoz announced today that the US Federal Circuit Court of Appeals has invalidated several patents asserted against the company by Teva Pharmaceuticals in litigation concerning a generic version of Copaxone® – one of the leading … Read the full press release

Spanish energy company Enagás reported €202M net profit H1 2013

Net profit increased 5% like for like compared to the first half of 2012 Madrid, 29-7-2013 — /EuropaWire/ — Enagás reported net profit of €202Mn in the first half of 2013. This is figure is 5% higher than the profit reported in the … Read the full press release

El Ministro de Industria, Energía y Turismo visita el Centro Principal de Control de Enagás

El Presidente de la Compañía, Antonio Llardén, ha explicado al Ministro cómo desde esta instalación se coordina en tiempo real el funcionamiento del Sistema Gasista español Madrid,  29-7-2013 — /EuropaWire/ — El Ministro de Industria, Energía y Turismo, José Manuel Soria, … Read the full press release

Skanska AB released H1 2013 results

29-7-2013 — /EuropaWire/ — Six Month Report, January-June 2013 Highlights: Revenue increased by 4 percent; adjusted for currency effects, revenue increased by 8 percent and amounted to SEK 62.7 billion (60.6). Order bookings in Construction operations amounted to SEK 60.3 billion … Read the full press release

Skanska launched Level I American Depositary Receipt (ADR) program for Skanska series B shares in the US

29-7-2013 — /EuropaWire/ — In order to make the Skanska share more readily available to American investors Skanska has launched a Level I American Depositary Receipt (ADR) program for Skanska series B shares in the US. J.P. Morgan is appointed as … Read the full press release

Egmont Kids Media released new iPad app for its popular Monster High comics

The popular Monster High universe comes alive in a new app from Egmont Kids Media where the reader makes the stories unfold with sound effects and lively animations. 29-7-2013 — /EuropaWire/ — In Monster High, the new app from Egmont Kids … Read the full press release

Technicolor released Q2 and H1 2013 unaudited results

Paris (France), 29-7-2013 — /EuropaWire/ — The Board of Directors of Technicolor (Euronext Paris: TCH) met yesterday to review the Group’s results for the first half of 2013 (unaudited). H1 2013 highlights Revenue growth at constant scope and currency: up 3.1% at €1.6 billion, … Read the full press release

Technicolor acquired patents and patent applications from Sony Corporation covering broad range of technologies for smartphones and tablets

Paris (France), 29-7-2013 — /EuropaWire/ — Technicolor (Euronext Paris: TCH) today announced the signature of an intellectual property collaboration agreement with Sony Corporation (NYSE:SNE), which strengthens its strategic patent licensing initiative in the field of smartphones. Technicolor has acquired select patents … Read the full press release

National Bank of Greece released domestic private sector bank credits June 2013 figures

29-7-2013 — /EuropaWire/ — The annual growth rate of total credit extended to the domestic private sector stood at -4.1% in June 2013, from -3.7% in the previous month. The net flow of total credit to the domestic private sector was … Read the full press release