Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Audi reports its U.S. July 2014 sales increased 11.9% to 14,616 vehicles

Sales for the most recent month rose 11.9% to 14,616 vehicles Demand for the all-new Audi A3 Sedan remained strong deep into its launch year Due to lean inventories, Audi pulled its 2015 model launch ahead Herndon, Va, 4-8-2014 — … Read the full press release

ŠKODA reports increased deliveries, sales revenue and operating profit in the first half of 2014

Record half year: 522,500 deliveries; up 12.5% Sales up 20.3% to six billion euros by the end of June Operating profit increases 74.9% to 425 million euros The most comprehensive model campaign in ŠKODA’s history continues Mladá Boleslav, 4-8-2014 — /EuropaWire/ … Read the full press release

ŠKODA AUTO names Stefan Büscher as the new head of Marketing

Mladá Boleslav, 4-8-2014 — /EuropaWire/ — Stefan Büscher (46) is to take over as the new head of Marketing at ŠKODA AUTO on 1 October, 2014. He succeeds Thomas Owsianski (47), who is Executive Director for ŠKODA’s Marketing and Sales at … Read the full press release

BNP Paribas to acquire 81.39% stake in DAB Bank at 4,78 EUR per share valuing the company at 435 million EUR

PARIS, 4-8-2014 — /EuropaWire/ — BNP Paribas and UniCredit Bank AG‘s management board have reached joint understanding on the acquisition of a 81.39% stake in DAB Bank by BNP Paribas Group at a price of 4,78 EUR per share, thereby valuing 100% of … Read the full press release

Eni discovers gas and condensates in the Nyonie Deep exploration prospect in offshore Gabon

The total estimated potential of these discoveries is approximately 3 billion boe, with potential for further improvement. Milan, 4-8-2014 — /EuropaWire/ — Eni has made an important gas and condensates discovery in the Nyonie Deep exploration prospect located in block D4, approximately … Read the full press release

Eni Myanmar B.V, and the Myanmar Production and Exploration Company Ltd to explore two onshore blocks in the central part of Myanmar

The Joint Venture is between Eni, the Operator with a 90% participating interest through Eni Myanmar B.V, and the Myanmar Production and Exploration Company Ltd (10%). Milan, 4-8-2014 — /EuropaWire/ — Eni, following its participation in the competitive International Bid Round … Read the full press release

Glencore completes sale of Las Bambas copper mine project to consortium owned by MMG Limited, GUOXIN International Investment Corporation Limited and CITIC Metal Co., Ltd.

Baar, Switzerland, 4-8-2014 — /EuropaWire/ — We refer to Glencore plc’s (“Glencore”) announcement on 22 July 2014 relating to the sale of its entire interest in the Las Bambas copper mine project to a consortium owned 62.5% by MMG Limited, 22.5% … Read the full press release

Carmila et Unibail-Rodamco sont entrés en négociations exclusives en vue de l’acquisition de neuf centres commerciaux

PARIS, 31-7-2014 — /EuropaWire/ — Poursuivant sa stratégie de valorisation des centres commerciaux attenants aux hypermarchés Carrefour en Europe, Carmila annonce un nouveau projet de croissance comportant deux volets : En France, Carmila et Unibail-Rodamco sont entrés en négociations exclusives en vue … Read the full press release

HEINEKEN subsidiary BRANA invite US Ambassador and Haitian Government officials to celebrate the sorghum harvest with the farmers

HEINEKEN subsidiary BRANA invite US Ambassador and Haitian Government officials to celebrate the sorghum harvest with the farmers. Amsterdam, 31-7-2014 — /EuropaWire/ — The beginning of the harvest season is cause for celebration for small-scale sorghum farmers and for the Smallholders … Read the full press release

BAWAG P.S.K. und Leder & Schuh International AG geben gemeinsam bekannt, dass die Stiefelkönig Schuhhandels Gesellschaft m.b.H verkauft wurde

Wien, Graz, 31-7-2014 — /EuropaWire/ — BAWAG P.S.K. und Leder & Schuh International AG geben gemeinsam bekannt, dass die Stiefelkönig Schuhhandels Gesellschaft m.b.H verkauft wurde. Der Kaufvertrag wurde am 29.07.2011 zwischen BAWAG P.S.K. und der Leder & Schuh International AG unterzeichnet. Das … Read the full press release

Swisscom connected over one million homes and businesses to ultra-fast broadband with mixture of fibre-optic technologies

BERNE, 31-7-2014 — /EuropaWire/ — Swisscom has connected over a million homes and businesses to ultra-fast broadband. Thanks to a mixture of fibre-optic technologies, customers are benefiting from more bandwidth – even outside the major conurbations. Since the start of 2014, … Read the full press release

European Central Bank released the euro area bank lending survey results for July 2014

Credit standards on loans to enterprises were eased by banks in net terms, for the first time since the second quarter of 2007. Banks reported a narrowing of their margins on riskier loans to enterprises, for the first time since … Read the full press release

The European Central Bank published the legal act relating to the targeted longer-term refinancing operations (TLTROs)

Frankfurt am Main, Germany, 31-7-2014 — /EuropaWire/ — The European Central Bank (ECB) is publishing a legal act that has been adopted today relating to the targeted longer-term refinancing operations (TLTROs). The TLTROs are designed to enhance the functioning of the monetary … Read the full press release

OSCE Centre in Astana held seminar for NGOs in Kazakhstan to address human rights violations committed in the business

Vienna, Austria, 31-7-2014 — /EuropaWire/ — Building the capacity of civil society to address human rights violations committed in the business sphere was the aim of an OSCE-supported training seminar that took place in Almaty on 31 July 2014. Some 20 members of … Read the full press release

EU Ombudsman Emily O’Reilly calls on Council and Commission to publish EU negotiating directives for the on-going Transatlantic Trade and Investment Partnership (TTIP) negotiations with US

Brussels, 31-7-2014 — /EuropaWire/ — The European Ombudsman, Emily O’Reilly, has called on the Council of the European Union to publish the EU negotiating directives for the on-going Transatlantic Trade and Investment Partnership (TTIP) negotiations with the US. She has also proposed to … Read the full press release

EBRD and Mongolian Khan Bank to improve access to finance for micro, small and medium-sized enterprises (MSMEs) in Mongolia

EBRD and the Mongolian bank continue supporting innovative financial instruments for small businesses, including value chain finance LONDON, 31-7-2014 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) and Khan Bank – one of the largest commercial banks in Mongolia … Read the full press release

EURid will launch its new registration platform on 15 September 2014

Brussels, 31-7-2014 — /EuropaWire/ — On 15 September 2014, EURid will launch its new registration platform. Thereafter, newly registered .eu domain names will no longer expire at the end of the month but rather at the end of their registration term, … Read the full press release

Portuguese pulp producer Altri Celbi achieves world record following successful modernization of the pulp drying line by ANDRITZ Group

Graz, Austria, 31-7-2014 — /EuropaWire/ — Following successful modernization of the pulp drying line by international technology Group ANDRITZ, Altri Celbi increased its production capacity from an average of 2,000 tons per day (air dry metric tons) to a peak value of … Read the full press release

The Linde Group reports EUR 8.212 bn revenue and EUR 1.896 bn operating profit in the first half of 2014

Group revenue: EUR 8.212 bn (2013: EUR 8.207 bn); up 5.6 percent after adjusting for exchange rate effects. Group operating profit: EUR 1.896 bn (2013: EUR 1.966 bn); up 1.7 percent after adjusting for exchange rate effects. 2014 Group outlook … Read the full press release

American water heaters manufacturer PVI Industries LLC selects Outokumpu’s proprietary lean duplex grade LDX 2101® to replace carbon steel in its water heaters

Espoo, Finland, 31-7-2014 — /EuropaWire/ — PVI Industries LLC, an American water heaters manufacturer has chosen Outokumpu’s proprietary lean duplex grade LDX 2101® to replace carbon steel in its water heaters. Using lean duplex has significantly reduced PVI Industries’ waste stream and increased … Read the full press release