Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Leica Geosystems AG acquired Italian mobile mapping system company Geosoft S.r.l.

Heerbrugg/Switzerland, 26-6-2013 — /europawire.eu/ — Leica Geosystems strengthens position in mobile mapping by acquiring Geosoft S.r.l., an Italian based software and hardware company, founded in 1988, that specializes in modular cartography, digital photogrammetry and mobile mapping solutions. Geosoft leveraged its experience … Read the full press release

EIB President Werner Hoyer opened the second day of the European Financial Congress held in Sopot, Poland

26-6-2013 — /europawire.eu/ — President Werner Hoyer opened the second day of the European Financial Congress held in Sopot, Poland with a speech on the EIB and European initiatives in financing infrastructure. He underlined that investment in key infrastructure assets, in research and … Read the full press release

.eu domain names to become available in Croatia as of 1 July, 2013

Brussels, 26-6-2013 — /europawire.eu/ — On 1 July 2013, Croatia will join the European Union. As of that day, Croatian residents, organisations and companies will be able to register .eu domain names. Below you can find an updated version of the … Read the full press release

EBRD president Sir Suma Chakrabarti met with Russian president Vladimir Putin over dinner organised by Russian Direct Investment Fund

26-6-2013 — /europawire.eu/ —  Sir Suma Chakrabarti, the EBRD president, has attended a dinner organised by the Russian Direct Investment Fund and hosted by President Putin in St Petersburg. Sir Suma used the occasion to urge further investment in Russia’s … Read the full press release

DB Schenker creates Middle East joint venture with its long-term global network partner Salem Freight International in Abu Dhabi

Berlin/Essen/Dubai, 26-6-2013 — /europawire.eu/ — DB Schenker continues to grow in the Middle East with the establishment of a new joint venture with its long-term global network partner Salem Freight International in Abu Dhabi. After operating in Abu Dhabi for more … Read the full press release

EIB, Société Générale Expressbank open EUR 100M credit line to support SMEs in Bulgaria

25-6-2013 — /europawire.eu/ — The European Investment Bank (EIB) and Société Générale Expressbank AD have signed an agreement for EUR 100 million to finance projects which will contribute to increasing employment and the competitiveness of the Bulgarian economy. The funds will be utilized tofinance projects of small and medium-sized companies in the areas of … Read the full press release

Cargotec’s MacGregor to deliver 8 offshore cranes to Marine Assets Corporation

25-6-2013 — /europawire.eu/ — Two sizes of MacGregor’s offshore cranes have each been specified for Marine Assets Corporation’s new series of four accommodation support vessels being built at Fujian Mawei shipyard in China MacGregor, part of Cargotec, has secured a contract … Read the full press release

Vestas sold two wind power plants in Bulgaria and Romania for EUR 127M to LUKERG Renew

25-6-2013 — /europawire.eu/ — Vestas has entered into an agreement to sell the Romanian project Gebeleisis and the Bulgarian project Hrabrovo to LUKERG Renew for a total enterprise value of EUR 127m. The wind power plants have been co-developed by Vestas, … Read the full press release

Selex ES, Airbus partner on patented Avionics Full DupleX switched ethernet network communication system

25-6-2013 — /europawire.eu/ — Selex ES, a Finmeccanica company, has partnered with Airbus on a patented Avionics Full DupleX (AFDX®) switched ethernet network communication system, a backbone standard in the avionics communication technology. Selex ES has licensed AFDX® for the company’s … Read the full press release

Franco-Italian aircraft manufacturer ATR declared 2013 Paris Air Show the best in company’s history

The aircraft manufacturer receives orders for a total of 173 aircraft. The total amount of the contracts exceeds 4.1 billion dollars Toulouse,  25-6-2013 — /europawire.eu/ — The 50th edition of the Paris Air Show was the best in the history of … Read the full press release

Airbus announced US$70 billion aircraft orders & commitments across all product families booked at Paris Air Show 2013

466 Airbus aircraft orders & commitments across all product families; A320neo Family retains 60 percent market share; A350 XWB, A330 and A380 all continue to outsell the competition. Blagnac, 25-6-2013 — /europawire.eu/ — At the 2013 Paris Air Show, Airbus won … Read the full press release

New EU measures for telecoms, ISPs in case of lost or compromised personal data

Brussels, 25-6-2013 — /europawire.eu/ — The European Commission is putting into place new rules on what exactly telecoms operators and Internet Service Providers (ISPs) should do if their customers’ personal data is lost, stolen or otherwise compromised. The purpose of these “technical … Read the full press release

NYSE Euronext acquisition by InterContinental Exchange cleared under the EU Merger Regulation

Brussels, 25-6-2013 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of NYSE Euronext (“NYX”) by the InterContinental Exchange (“ICE”). NYX and ICE operate exchanges providing trading and clearing services, particularly in the field of … Read the full press release

Home improvement retail group Kingfisher plc reports on first year of Net Positive

24-6-2013 — /europawire.eu/ — Europe’s leading home improvement retail group, Kingfisher plc, whose UK businesses include B&Q and Screwfix, reports on the progress of Net Positive. Kingfisher plc launched the ground-breaking restorative business programme, which is committed to go beyond zero … Read the full press release

EC refers Poland to EU Court of Justice over regulated gas prices for business consumers

24-6-2013 — /europawire.eu/ — Today, the European Commission decided to refer Poland to the Court of Justice of the European Union for failing to comply with the EU internal energy market rules. Under the Gas Directive (2009/73/EC) prices should primarily be determined by … Read the full press release

Air France-KLM Group, Airbus sign for 25 A350-900 plus a further 25 on option at the 50th International Paris Air Show

Le Bourget, 24-6-2013 — /europawire.eu/ — This morning, Air France-KLM finalized a firm order with the European manufacturer Airbus for 25 A350-900 plus a further 25 on option. The signing took place at the 50th International Air Show at Le Bourget near … Read the full press release

Deutsche Bahn acquired Veolia Transport Central Europe

Takeover of Veolia Transport Central Europe makes DB Arriva the largest international operator of passenger transport services in Central and Eastern Europe Berlin, 24-6-2013 — /europawire.eu/ — Deutsche Bahn has acquired the Central and East European business operations from Veolia … Read the full press release

Vnesheconombank, HSBC Bank plc sign credit agreement to fund construction cement plant in the Kaluga region, Russia

24-6-2013 — /europawire.eu/ — In the course of the Petersburg International Economic Forum-2013 State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’and HSBC Bank plc. (Great Britain) signed a credit agreement On behalf of Vnesheconombank the agreement was signed by … Read the full press release

EC invites the public to comment on possible improvements to EU merger control in certain areas

Brussels, 24-6-2013 — /europawire.eu/ — The European Commission invites the public to comment on a number of options for possible future improvements of the EU Merger Regulation in two areas: minority shareholdings and the transfer of cases between the Commission and national competition authorities. … Read the full press release

Jaguar Land Rover announced it sold 32,477 vehicles in May 2013, its best ever May

 Jaguar sells 6,174 vehicles in May, up 36% Land Rover sells 26,303 vehicles in May, up 8% Calendar year to date Jaguar Land Rover sells 176,451vehicles, up 15% 24-6-2013 — /europawire.eu/ —  Jaguar Land Rover, the UK’s leading manufacturer of premium … Read the full press release