Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Austria, Cyprus, Germany, Denmark and Poland exceeded their milk quotas for deliveries in 2012/2013

Brussels, Belgium, 01-10-2013 — /EuropaWire/ — Five Member States – Austria, Germany, Denmark, Poland and Cyprus, – exceeded their milk quotas for deliveries in 2012/2013, and must therefore pay penalties (“superlevy”) totalling roughly € 46 million. Despite the overrun of the quotas … Read the full press release

BMT Group subsidiary BMT WBM introduced an innovative modification and repair scheme to the mining industry

United Kingdom, 01-10-2013 — /EuropaWire/ — BMT WBM, a subsidiary of BMT Group Ltd, has announced the development of an innovative modification and repair scheme which will dramatically improve the fatigue performance of cluster joints on existing tubular dragline boom designs.  Once … Read the full press release

General Dynamics UK launched family of multi-channel Secure Data Recorders (SDR)

Company partners with ViaSat UK Limited to leverage encryption solutions. United Kingdom, 01-10-2013 — /EuropaWire/ — To meet the increasing, worldwide need to record and protect data, General Dynamics UK has launched a family of multi-channel Secure Data Recorders (SDR). … Read the full press release

Belgian railway certification body Belgorail confirms “winter modifications” made to V250 train by AnsaldoBreda meet the requirements of the Belgian law

Pistoia, Italy, 01-10-2013 — /EuropaWire/ — The Fyra is a reliable train and, with the implementations made, can also face particularly harsh weather conditions, well beyond the applicable contractual requirements. Belgorail, Belgian railway certification body authorized under EU law, has sent its … Read the full press release

AnsaldoBreda SpA sues NSFSC and its parent company NS Dutch Railways for €132M for 7 Fyra trains

Pistoia, 01-10-2013 — /EuropaWire/ — AnsaldoBreda SpA has sued before the competent court in Utrecht its Dutch client, the finance company NSFSC, as well as its parent company, the NS Dutch Railways, for the fulfillment of the obligations of these customers under the contract … Read the full press release

AnsaldoBreda CEO Maurizio Manfellotto statement to travelers of the Dutch trains

Italy, 01-10-2013 — /EuropaWire/ — Manfellotto’s message to travelers of the Dutch trains I wish to speak to travelers of the Dutch trains. In this moment you are deprived of the pleasure of traveling in a safe, comfortable and reliable way … Read the full press release

ABPA Holdings Limited H1-2013 Interim Report: revenue up by 5.7%, EBITDA up 9%, operating profit up by 10.2%

30-9-2013 — /EuropaWire/ — ABP Finance Plc is pleased to announce that, the Consolidated Interim Report and Accounts of ABPA Holdings Limited (“ABPAH”), the immediate parent undertaking of ABP Finance Plc, for the six months ending 30 June 2013 and the … Read the full press release

Die Deutsche Hypothekenbank und die Bayerische Versorgungskammer arbeiten bei der gewerblichen Immobilienfinanzierung zukünftig eng zusammen

Rahmenvereinbarung dient als Pilotprojekt im NORD/LB Konzern 30-9-2013 — /EuropaWire/ — Die Deutsche Hypothekenbank und die Bayerische Versorgungskammer arbeiten bei der gewerblichen Immobilienfinanzierung zukünftig eng zusammen. Beide Unternehmen haben gestern Abend eine entsprechende Rahmenvereinbarung unterzeichnet. Demnach wird sich die Bayerische Versorgungskammer … Read the full press release

Associated British Ports announced it will create single organisation to manage all four of its Humber ports

30-9-2013 — /EuropaWire/ — Associated British Ports (ABP) has announced a reorganisation of its Humber ports to bring its operational and commercial teams under one umbrella. Currently separated into two directorates covering Hull and Goole on the north bank of the … Read the full press release

Deutsche-Hypo-Studie prognostiziert Einzelhandelsimmobilien nur geringes Wachstum

30-9-2013 — /EuropaWire/ — Die Nachfrage der Konsumenten im Einzelhandel wird zukünftig nur schwach wachsen. Impulse für eine Ausdehnung der Bestandsflächen halten sich insgesamt in Grenzen. Dies sind die Ergebnisse einer aktuellen Studie der Deutschen Hypothekenbank zu den Perspektiven der Einzelhandelsimmobilienmärkte … Read the full press release

Cassa depositi e prestiti Spa announced issuance of 250M euro fixed rate notes due 2019

Rome, 30-9-2013 — /EuropaWire/ — Cassa depositi e prestiti Spa (CDP) announces today the issuance of 250 million euro fixed rate notes, unsubordinated and unsecured, with final maturity 10 January 2019  and annual coupon equal to 3.5 per cent. The new … Read the full press release

Associated British Ports appointed Nick Ridehalgh new director Port of Southampton

30-9-2013 — /EuropaWire/ —  Associated British Ports (ABP) Port Director Southampton, Doug Morrison, has announced his intention to retire in December 2013 after almost nine years at the helm of one of the UK’s leading international gateways. His successor will be … Read the full press release

Russia’s largest retailer OJSC “Magnit” announced Extraordinary General Shareholders Meeting results and dividend payment

Krasnodar, 30-9-2013 — /EuropaWire/ — OJSC “Magnit”, Russia’s largest retailer (the “Company”;  MICEX and LSE: MGNT), announces the results of the Extraordinary General Shareholders Meeting and the dividend payment. Type of the general meeting (annual, extraordinary) – extraordinary general shareholders meeting; … Read the full press release

Board and management changes at Associated British Ports group announced by ABP Finance Plc

30-9-2013 — /EuropaWire/ — ABP Finance Plc announces that Doug Morrison is retiring as Port Director Southampton and will be stepping down and resigning as a Director of Associated British Ports Holdings Limited and of Associated British Ports (“ABP”) with effect … Read the full press release

Atradius released its September 2013 Payment Practices Barometer; cash flow of concern

Cash flow considered biggest challenge to profitability this year Baltimore, 30-9-2013 — /EuropaWire/ — Businesses in the Americas express concern about maintaining adequate cash flow levels this year, and consider this one of the biggest challenges they will be facing. These opinions … Read the full press release

The Grimsby River Terminal officially opens after the largest capital investment since it first opened in 1852

30-9-2013 — /EuropaWire/ — The largest capital investment in Associated British Ports’ (ABP) Port of Grimsby since the lock gates first opened in 1852, will see the facility go from strength to strength and cement its place as the UK’s premier … Read the full press release

Sergey Galitskiy, Russia’s largest retailer CEO, named in ХIV “TOP-1000 Russian managers” list for 2013 by Russian managers association and Kommersant

Krasnodar, 30-9-2013 — /EuropaWire/ — Sergey Galitskiy, CEO of OJSC “Magnit”, Russia’s largest retailer (MICEX and LSE: MGNT), has been included in the list of business leaders of the rating by Russian managers association and Kommersant Magnit CEO Sergey Galitskiy has … Read the full press release

Seadrill Limited’s 2013 Annual General Meeting Minutes

Hamilton, Bermuda, 27-9-2013 — /EuropaWire/ — Seadrill Limited (the “Company”) advises that the 2013 Annual General Meeting of the Company was held on September 20, 2013 at 9:30 a.m. at the Elbow Beach Hotel, 60 South Shore Road, Paget PG04, Bermuda.  … Read the full press release

EIB lends EUR 50M to CIBANK for projects of SMEs and mid-cap companies in Bulgaria

The European Investment Bank (EIB) is lending EUR 50 million to CIBANK to finance projects promoted by small and medium-sized enterprises and mid-cap companies in Bulgaria. EIB funds will support projects across the whole country, significantly supporting employment. 27-9-2013 — … Read the full press release

Seadrill announced the pricing of its offering of $500M unsecured Senior Notes due 2020

Hamilton, Bermuda, 27-9-2013 — /EuropaWire/ — Seadrill Limited (the “Company” or “Seadrill”) (NYSE: SDRL), a global offshore drilling contractor, announced today the pricing of its previously announced offering of $500 million in aggregate principal amount of its 6.125% Senior Notes due … Read the full press release