Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Speech: Vice-President Rehn’s remarks at the ECOFIN

Olli REHN – Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro ECOFIN Press Conference Brussels, 14-2-2013 — /europawire.eu/ — Good afternoon. Mr. Noonan gave a comprehensive and concise summary of the … Read the full press release

Disclosure pursuant to art. 114, paragraph 5, of Legislative Decree no. 58/1998 – Banca Monte dei Paschi di Siena S.p.A. 2011/2017 “6-year StepByStep BancoPosta” bonds

14-2-2013 — /europawire.eu/ — Banca Monte dei Paschi di Siena S.p.A. (hereinafter “BMps”) as Issuer pursuant to and by effect of Consob communication no. DEM/DME/9053316 of 8 June 2009, in compliance with art. 114, paragraph 5, of Legislative Decree no. 58/1998, … Read the full press release

Debate with President Barroso on the new budget deal at the EESC plenary

14-2-2013 — /europawire.eu/ — The European Economic and Social Committee (EESC) will hold its next plenary session on 13 and 14 February. The session will include a debate with President Barroso on the recent 2014-2020 budget agreement on 13 February as … Read the full press release

With the acquisition of Crossings, LS Distribution North America continues its diversification in Gourmet brand representation and enters the American market.

Paris, 14-2-2013 — /europawire.eu/ — LS Distribution North America (LSDNA) continues its diversification in Gourmet brand representation thanks to the acquisition of Crossings, located in Worcester, MA. LSDNA began its diversification in July 2011 with the acquisition of Euro-Excellence, which is well established … Read the full press release

Lagardère is taking legal action against Vivendi and Groupe Canal+ for the restitution of €1.6 billion in cash to Canal+ France

14-2-2013 — /europawire.eu/ — In its capacity as a Canal+ France shareholder1, Lagardère has summoned Vivendi and Groupe Canal+ (hereinafter “the Vivendi group”) to appear in the Paris commercial court on March 21, 2013, for the purposes of obtaining a restitution … Read the full press release

MAPFRE supera los 25.000 millones de ingresos (+ 7,5 por ciento) e incrementa su beneficio recurrente un 9,6 por ciento hasta 942 millones de euros

La estrategia de diversificación geográfica y de negocio permite a MAPFRE continuar creciendo y mantener un balance saneado  El Grupo aumentó sus primas un 10,1 por ciento hasta los 21.579,8 millones El negocio internacional aporta más del 60 por ciento … Read the full press release

OKB GIDROPRESS presented VVER-600 project

14-2-2013 — /europawire.eu/ — On February 1, in the operating organization Rosenergoatom Concern OJSC there was held a presentation by OKB “GIDROPRESS” about its project of a two-loop reactor facility VVER-600. On the part of GIDROPRESS the project was presented by … Read the full press release

European Union is Greater Nancy’s key partner in improving its transport service

14-2-2013 — /europawire.eu/ — With the aim of equipping the Greater Nancy conurbation with a high performance bus service while providing a sustainable response to urban infrastructure development needs, a EUR 55 million loan agreement between Greater Nancy and the European … Read the full press release

Minister Bruton: Irish Presidency on EU-US trade agenda

14-2-2013 — /europawire.eu/ — As Chair of the EU Trade Ministers Council, Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, said: “I welcome the confirmation by President Obama in his State of the Union speech of the United States’ commitment … Read the full press release

Presentation of Telenor’s fourth quarter results 2012

Telenor will present its financial results for the fourth quarter 2012 on Wednesday 13 February 2013 at 09:00 hrs Norwegian time/CET. The presentation, which will also be broadcast live over the Internet, will be held in Auditorium Voice, Telenor Expo … Read the full press release

In line with asset-light strategy, Rezidor converts two leases in Sweden to franchise agreements

13-2-2013 — /europawire.eu/ — The Rezidor Hotel Group today announced the conversion of two lease agreements, the Park Inn by Radisson Malmö and the Park Inn by Radisson Hammarby Sjöstad, in Sweden to franchise agreements. Combined, the two hotels comprise more … Read the full press release

Hilti achieves growth amid a difficult environment

Schaan (FL), 13-2-2013 — /europawire.eu/ — The Hilti Group increased sales by 4.4 percent in local currencies in the 2012 business year. Sales rose 5.2 percent year-on-year, to CHF 4204 million, in terms of Swiss francs. Although important Hilti markets remained … Read the full press release

Amey Awarded Standard for Collaborative Working

13-2-2013 — /europawire.eu/ —  Amey has achieved BS 11000 certification, a national standard of excellence, for collaborative business relationships across its rail business. The standard recognises Amey’s collaborative business relationship management system for customers in the rail sector, providing services … Read the full press release

Banca MPS: Fitch affirms BMPS long – and short-term ratings. Viability rating placed on rating watch negative

13-2-2013 — /europawire.eu/ — Banca Monte dei Paschi di Siena informs that international ratings agency, Fitch, has affirmed the Issuer’s long-term rating at ‘BBB’ with a stable outlook, short-term rating at ‘F3’ and Support Rating Floor at ‘BBB’, given the Bank’s … Read the full press release

Lagardère Full year 2012 net sales

Net sales, fourth-quarter 2012: €2,018m an increase of +3.5% on a reported basis, +0.1% on a like-for-like basis(1)  Net sales for FY 2012: €7,370m -3.7% on a reported basis, -0.2% on a like-for-like basis  2012 Recurring EBIT(2) from Media activities target … Read the full press release

Reducing the EU’s dependency on raw materials: European Innovation Partnership launched

Brussels, 12-2-2013 — /europawire.eu/ — European Commission Vice-President Antonio Tajani, responsible for Industry and Entrepreneurship, launched today, together with his colleagues Maire Geoghegan Quinn European Commissioner for Research, Innovation and Science, and Janez Potočnik European Commissioner for the Environment, the European Innovation … Read the full press release

EIB and Rhône-Alpes Regional Council sign EUR 200 million loan for purchasing regional express trains

12-2-2013 — /europawire.eu/ — With the aim of upgrading the regional express rail service by purchasing new trains, a EUR 200 million loan agreement was signed by the Rhône-Alpes Region and the European Investment Bank (EIB) by Jean-Jack Queyranne, President of the … Read the full press release

State aid: Commission temporarily approves rescue aid for Banque PSA Finance

Brussels, 12-2-2013 — /europawire.eu/ — The European Commission has granted temporary approval to France, under the EU state aid rules, to provide Banque PSA Finance with a EUR 1.2 billion guarantee covering its market issues. The Commission’s approval is conditional on the submission during … Read the full press release

MAPFRE ASSISTANCE lanza en Grecia la primera aplicación de Asistencia en accidentes para tabletas

El servicio permite a los asegurados gestionar a través de este dispositivo los partes de accidente con su compañía 12-2-2013 — /europawire.eu/ — MAPFRE ASSISTANCE ha presentado en Grecia una pionera aplicación que ofrece a los conductores la posibilidad de gestionar … Read the full press release

Steel: High-Level Roundtable Recommendations to improve competitiveness

Brussels, 12-2-2013 — /europawire.eu/ — European steelmakers are currently facing extremely challenging economic conditions, but new opportunities are opening up for the steel industry through emerging industrial applications in traditional or technology-based industries, such as construction and renewable energy. The High-Level Roundtable on … Read the full press release