Category Archives: Business

Business Press Releases & News distributed via EuropaWire

EC to investigate some of the world’s largest investment banks over anti-competitive agreements in the credit derivatives business

1-7-2013 — /europawire.eu/ — The European Commission has informed some of the world’s largest investment banks of its preliminary conclusion that they infringed EU antitrust rules that prohibit anti-competitive agreements by colluding to prevent exchanges from entering the credit derivatives business … Read the full press release

Strong EU exports to Korea 2 years since EU-Korea Free Trade Agreement (FTA) was concluded

1-7-2013 — /europawire.eu/ — Today marks the second anniversary of the entry into force of the EU-Korea Free Trade Agreement (FTA), the most ambitious trade deal ever concluded by the EU and its first with an Asian country. The full impact … Read the full press release

Matthieu Louvot appointed Eurocopter Head of Support & Services

Marignane, 1-7-2013 — /europawire.eu/ — Currently Head of Strategy & Company Development, Matthieu Louvot has been appointed Head of Support & Services within Eurocopter. He will be reporting directly to Dominique Maudet, Head of Global Business & Services. After having begun his … Read the full press release

Alpha Bank Greece held its Ordinary General Meeting of the Shareholders on June 29, 2013

Athens,  1-7-2013 — /europawire.eu/ — At the Ordinary General Meeting of the Shareholders of Alpha Bank, which took place on Saturday, June 29, 2013, spoke the Chairman of the Board of Directors Yannis S. Costopoulos and the Managing Director – CEO … Read the full press release

Boehringer Ingelheim, Lilly released results of new meta-analysis regarding CV events in linagliptin Phase 3 trials presented at the American Diabetes Association

Ingelheim, Germany and Indianapolis, US, 1-7-2013 — /europawire.eu/ — Boehringer Ingelheim and Eli Lilly and Company today announced results from a new analysis of Phase III data demonstrating that treatment with the dipeptidyl peptidase-4 (DPP-4) inhibitor linagliptin is not associated with … Read the full press release

CoR’s ECOS commission calls easing of current restrictions on regional state aid for the automotive sector

1-7-2013 — /europawire.eu/ — The members of the Commission for Economic and Social Policy (ECOS) of the Committee of the Regions (CoR) have called for the easing of current restrictions on regional state aid for the automotive sector. In view of … Read the full press release

Offshore oil and gas marine services company BOURBON placed safety as the first of its 4 pillars of operational excellence

Paris, 28-6-2013 — /europawire.eu/ — BOURBON’s objective is clear: a permanent zero-incident rate for all operations, current and future. Focused on its vision of being the preferred company in offshore oil and gas marine services for the benefit of its clients, employees and … Read the full press release

EC welcomed Shah Deniz II Consortium’s decision on Trans-Adriatic Pipeline (TAP) as the European route of the Southern Gas Corridor

28-6-2013 — /europawire.eu/ — The European Commission welcomed today’s final selection of the pipeline delivering Azeri gas to Europe. The Consortium of the Shah Deniz II gas field, who holds the license for exploiting the 16 bcm/year gas reserves, has chosen … Read the full press release

Oberthur Technologies partner with HID Global for the use of SeosTM digital keys on NFC-enabled smartphones

Colombes, France, 28-6-2013 — /europawire.eu/ — Oberthur Technologies, one of the world’s largest providers of security and identification solutions and services based on smart card technologies, today announced its partnership with HID Global that provides Oberthur Technologies the ability to support the … Read the full press release

SABMiller plc and Kopparberg Brewery AB sign for the licensing of Kopparberg cider products

28-6-2013 — /europawire.eu/ — SABMiller plc and Kopparberg Brewery AB have entered into a cooperation agreement for the long term licensing of Kopparberg cider products in selected markets. All Kopparberg cider products, including Pear and Naked Apple, will be available for … Read the full press release

EIB lends EUR 101M in support of East African businesses

28-6-2013 — /europawire.eu/ — Investment by companies across East Africa will benefit from three new lending programmes totaling EUR 101.5 million backed by the European Investment Bank formally agreed today. Three local banks Chase Bank, the East African Development Bank and … Read the full press release

Abengoa signs €17.25M contract to maintain two transmission lines for Brazil’s National Electricity Agency

The lines form part of the Madeira system, which with nearly 5,000 km (2,345 km each line) will be the largest continuous current energy transmission system in the world. The contract will last for five years and will generate revenues … Read the full press release

Gazprom to grant $1B advanced payment to Naftogaz Ukrainy for gas transit

28-6-2013 — /europawire.eu/ — The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Evgeny Bakulin, Head of NAK Naftogaz Ukrainy. The decision was made that Gazprom would grant a USD 1 billion advanced payment to Naftogaz Ukrainy for gas transit. With … Read the full press release

AstraZeneca announced it acquired 100% of Redwood City, Calif. based Pearl Therapeutics

28-6-2013 — /europawire.eu/ — AstraZeneca today announced that on 27 June 2013 it completed its acquisition of Pearl Therapeutics, a privately held company based in Redwood City, California, focused on the development of inhaled small-molecule therapeutics for respiratory disease.  Upon completion of … Read the full press release

Lemminkäinen to renovate the Futura building at the Joensuu campus of the University of Eastern Finland

28-6-2013 — /europawire.eu/ — Lemminkäinen will renovate the Futura building at the Joensuu campus of the University of Eastern Finland. Lemminkäinen will carry out the construction and technical building system work in the project. The value of the contract is EUR … Read the full press release

Cargotec’s MacGregor to deliver 150-tonne active heave-compensated subsea crane to BOURBON

28-6-2013 — /europawire.eu/ — Ongoing experience of MacGregor’s offshore cranes has played a significant role in  BOURBON ordering another 150-tonne active heave-compensated subsea MacGregor crane MacGregor, part of Cargotec, has won an order for a 150-tonne active heave-compensated (AHC) subsea crane … Read the full press release

Vestas to deliver 87 MW capacity wind power plant to renewable energy developer EDC for the largest wind energy project in the Philippines

Vestas’ new 87 MW order in the emerging wind market of the Philippines made possible through close co-operation with EDC, the Philippines’ leading renewable energy developer. 28-6-2013 — /europawire.eu/ — With reference to Vestas Wind Systems A/S company announcement No. 29 of … Read the full press release

Edinburgh based UK Green Investment Bank (UK GIB) to receive £800M additional funding from the UK government for 2015/16

28-6-2013 — /europawire.eu/ — Welcoming the announcement today by Business Secretary Vince Cable that the UK GIB is to receive an additional £800m for 2015/16, Scottish Secretary Michael Moore said: “This is excellent news for the UK Green Investment Bank, and … Read the full press release

EC approved under state aid rules Portuguese state guarantees for banks guaranteeing EIB loans granted to companies in Portugal

27-6-2013 — /europawire.eu/ — The European Commission has approved a new Portuguese scheme providing State guarantees for banks that guarantee European Investment Bank (EIB) loans granted to companies in Portugal. President Barroso said: “With this decision the European Commission and the EIB … Read the full press release

Alstom signed with LAZ Group filial City Transport Group to produce modern high speed tramways for the Ukrainian market

27-6-2013 — /europawire.eu/ — Alstom and its Russian joint-venture, TramRus¹, have concluded an agreement with City Transport Group, a filial of the LAZ Group and the main bus manufacturer in Ukraine, to produce modern high speed tramways for the Ukrainian market. … Read the full press release