Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Bulgarian Postbank joins EBRD Trade Facilitation Program to support regional trade and energy efficiency projects

13-8-2013 — /EuropaWire/ — Postbank will participate in EBRD Trade Facilitation Program and will receive a Credit line for SME energy efficiency form EBRD. Postbank will receive EUR 20 million financing under the EBRD Trade Facilitation Program. Through this program, the Bank … Read the full press release

Mirko Neumann-Rystow appointed CFO Northern Europe and joins the Management Committee of Altran group

13-8-2013 — /EuropaWire/ — Mirko Neumann-Rystow (39) has been appointed Chief Financial Officer for Northern Europe and has joined the Management Committee of the Altran group. He reports both to Olivier Aldrin, Group Executive Vice-President & CFO and to Michael Blickle, … Read the full press release

Henkel delivered strong Q2-2013, confirms its 2013 guidance and posts 8.2% increase of operating profit

Sales rise 1.9% to 4,286 million euros (organic: +4.0%) Adjusted operating profit: +8.2% to 660 million euros Adjusted EBIT margin: +0.9 percentage points to 15.4% Double-digit growth in adjusted earnings per preferred share (EPS): +10.3%* At 45 percent, share of … Read the full press release

Arla Foods developed new 40-foot containers based mobile milk powder packaging facility for Africa

13-8-2013 — /EuropaWire/ — Arla Foods has developed a new mobile milk powder packaging facility out of three 40-foot containers. This makes it more flexible to test new markets for milk powder in Africa. Soon the mobile facility is send from … Read the full press release

MAN Diesel & Turbo introduced new MGT gas turbine generation with extremely low nitrogen oxide emissions

MAN Diesel & Turbo undershoots the legal requirements for NOx emissions several times through the use of combustion chambers with premix technology 13-8-2013 — /EuropaWire/ — Not only highly efficient, but also particularly low in pollution: MAN Diesel & Turbo has … Read the full press release

Vienna Insurance Group AG to divest its indirect 92 percent holding in Bulgarian pension fund Doverie

13-8-2013 — /EuropaWire/ — Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG) concluded the negotiations on the sale of its indirect holding of more than 92 percent in the Bulgarian pension fund Doverie to United Capital PLC. The sale of … Read the full press release

Construction company Julius Berger Nigeria PLC ordered 78 new MAN TGS trucks with various bodies

The first of the off-road trucks with various bodies have already been shipped and are on their way. 13-8-2013 — /EuropaWire/ — Julius Berger Nigeria PLC has ordered 78 new MAN TGS 33.360 WW as concrete mixers, rear tippers, water … Read the full press release

Tourism in Austria returns to pre-crisis levels in 2012 and enjoys record demand says report by Bank Austria Economics

2012 saw a return to pre-crisis levels, with a nominal 2.4 per cent increase taking total revenue to EUR 22.3 billion Despite steady demand, the overall picture for tourism in 2013 is gloomier, as revenue is not increasing; adjustments for … Read the full press release

Rabobank’s outlook on EU beet sugar producers and cane refiners in the light of abolition of sugar quotas and minimum beet prices

12-8-2013 — /EuropaWire/ —  Recent reforms to the EU Common Agricultural Policy (CAP) included changes to the region’s sugar regulations, with a new sugar regime entering into force in 2017. With the abolition of sugar quotas and minimum beet prices, … Read the full press release

Every second respondent in Erste Bank Q2 Savings and Credit Outlook’s survey expects interest rates on savings will remain low

12-8-2013 — /EuropaWire/ — Survey: Austrians continue to believe interest rates will remain low Intended Amount to be Saved Stagnates at Around € 4,500 Planned Average Credit Amount: € 64,000 Every Second Respondent Expects Interest Rates on Savings to Remain Unchanged … Read the full press release

Arriva UK Trains selected National Champion and will represent UK in the prestigious 2013/2014 European Business Awards (EBAs)

12-8-2013 — /EuropaWire/ — Arriva UK Trains has been selected as a National Champion and will represent the UK in the prestigious 2013/2014 European Business Awards (EBAs). The business, which is responsible for overseeing Arriva group’s eight UK rail businesses*, beat … Read the full press release

Heineken N.V. introduced new reporting metrics (non-IFRS) to provide greater transparency on Group performance

Amsterdam, 12-8-2013 — /EuropaWire/ — Heineken N.V. (‘HEINEKEN’) announced today the introduction of new reporting metrics (non-IFRS) to provide greater transparency on Group performance. This new information will be disclosed for the first time in HEINEKEN’s release on the first half … Read the full press release

Major Spanish electric and engineering companies and contractors attended the Mobile Substation Showroom of Alstom Grid Spain

12-8-2013 — /EuropaWire/ —  From 10 to 12 July, the mobile substation business unit of Alstom Grid Spain, Alstom’s worldwide centre of excellence dedicated to this technology, presented a showroom of mobile substations, which was attended by the major electric … Read the full press release

Sika AG offers CHF 320M to acquire the Building Adhesives Business of the Dutch company AkzoNobel

12-8-2013 — /EuropaWire/ — Sika has made a binding offer of CHF 320 million to acquire the Building Adhesives Business of the Dutch company AkzoNobel. With annual sales of CHF 228 million, AkzoNobel Building Adhesives is a top-three player in its … Read the full press release

Bankia delivered 18 housing units from the Social Fund to disadvantaged families in the provinces of Valencia

The homes are located in the provinces of Valencia, Castellón and Alicante The bank continues working to deliver solutions to population groups at risk of social exclusion 12-8-2013 — /EuropaWire/ — Bankia has delivered 18 housing units from the Social Fund … Read the full press release

Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG) opened Poland’s largest oil and gas production facility – Lubiatów

9-8-2013 — /EuropaWire/ — On July 29th 2013, Polskie Górnictwo Naftowe i Gazownictwo SA officially opened the Lubiatów oil and gas production facility. Construction of this facility has been the largest investment project in Poland’s petroleum production industry in recent years. … Read the full press release

Dassault Systèmes to acquire SFE GmbH, a leader in body conceptual engineering and performance evaluation and optimization

Industry-First Integrated Solution Addresses Growing Need in Transportation & Mobility Industry; Brings Simplicity and Performance Optimization Capabilities to the 3DEXPERIENCE Platform VÉLIZY-VILLACOUBLAY, France, 9-8-2013 — /EuropaWire/ — Dassault Systèmes (Euronext Paris: #13065, DSY.PA), the 3DEXPERIENCE Company, world leader in 3D design … Read the full press release

Deutsche Bahn AG, Alstom Deutschland AG, the State of Bavaria and DAL Deutsche Anlagen Leasing GmbH & Co. KG launched the Eco Rail Innovation H3 hybrid shunting locomotive project

9-8-2013 — /EuropaWire/ — Deutsche Bahn AG, Alstom Deutschland AG, the State of Bavaria and DAL Deutsche Anlagen Leasing GmbH & Co. KG today launched the ERI (Eco Rail Innovation) H3 hybrid shunting locomotive project – an initiative of the ERI … Read the full press release

AkzoNobel received €260M binding offer for its Building Adhesives business by Swiss-based Sika AG

9-8-2013 — /EuropaWire/ — AkzoNobel today announced that it has received a binding offer for the purchase of its Building Adhesives business by Sika AG for €260 million. Building Adhesives generated annual revenues of €185 million in 2012. The transaction, which … Read the full press release

Alstom signed €5.1M contract to renew Paks Nuclear Power Plant (NPP) generators in central Hungary

9-8-2013 — /EuropaWire/ —  Alstom have secured the €5.1 million (1.5 billion HUF) contract to retrofit the generators at Paks Nuclear Power Plant (NPP) in central Hungary, thanks to the company’s strong international reputation and its local capabilities. Providing 40% … Read the full press release