Category Archives: Business

Business Press Releases & News distributed via EuropaWire

TeliaSonera: Nomination committee proposes Chairman of the Board

A unanimous nomination committee proposes Marie Ehrling to be appointed Chairman of TeliaSonera at the Annual General Meeting on April 3, 2013. 7-2-2013 — /europawire.eu/ — Marie Ehrling was President of TeliaSonera’s Swedish operations between 2002 and 2006. Prior to that … Read the full press release

Commission blows the whistle over inflated football transfer fees and lack of level playing field

Brussels, 7-2-2013 — /europawire.eu/ — Football clubs spend around €3 billion a year on player transfers, but very little of this money trickles down to smaller clubs or the amateur game, according to a European Commission study published today. The number of … Read the full press release

Significant lessor order for Airbus’ newest, most fuel efficient aircraft

ALC orders 25 A350 XWBs and firms up options for 14 A321neo aircraft Blagnac,  7-2-2013 — /europawire.eu/ — Air Lease Corporation (ALC), the Los Angeles based aircraft leasing company has signed a contract for 25 A350 XWB Family aircraft, consisting of … Read the full press release

Investing in our future: Good examples of EU funded projects

The European Union budget is relatively small (around 1% of EU GNI), but it can make a big difference. Around 94% of the European Union budget supports researchers, businesses, farmers, regions, young people and many others. Brussels, 7-2-2013 — /europawire.eu/ — Too … Read the full press release

Mergers: Commission clears acquisition of Valeo’s Comfort Access Mechanisms business by Japanese auto parts manufacturer U-Shin

Brussels, 7-2-2013 — /europawire.eu/ — The European Commission has cleared under the Merger Regulation the proposed acquisition of the French company Valeo SA’s Comfort Access Mechanisms business (“CAM”) by U-Shin Ltd. of Japan. CAM manufactures and distributes products that facilitate vehicle access … Read the full press release

Neste Oil to invest EUR 65 million in enhancing gasoline production at Porvoo

Neste Oil to invest EUR 65 million in enhancing gasoline production at Porvoo 7-2-2013 — /europawire.eu/ — Neste Oil has decided to build an isomerization unit at its Porvoo refinery. The investment, valued at approx. EUR 65 million, is intended to … Read the full press release

Telenor signs with UNI Global Union

Today Telenor ASA signed an agreement with UNI Global Union, the voice of 20 million service sector workers around the world, in order to establish a platform and framework for dialogue between UNI and Telenor on fundamental labor rights. Telenor … Read the full press release

NAC delivers one Dash 8 Q400, MSN 4058 to Eznis Airways, Mongolia

Nordic Aviation Capital is pleased to confirm that it has leased one Dash 8 Q400, MSN 4058 to Eznis Airways, Mongolia. 7-2-2013 — /europawire.eu/ — Nordic Aviation Capital A/S is a global aircraft leasing company dedicated to the worldwide sale, purchasing … Read the full press release

Federal Councillor Doris Leuthard at the celebration of the grid transfer

7-2-2013 — /europawire.eu/ — On 3 January 2013, Swissgrid and the previous owners reached a significant milestone in Switzerland’s power history: the Swiss transmission grid was successfully transferred to Swissgrid. To duly celebrate this occasion, Swissgrid organised an evening event on … Read the full press release

Thales: Appointments on the Group Executive Committee

Neuilly-sur-Seine, 7-2-2013 — /europawire.eu/ — Jean-Bernard Lévy, Chairman and Chief Executive Officer of Thales, has appointed or confirmed in their position the following persons, as members of the Group Executive Committee. Patrice Caine, Senior Executive Vice-President, Chief Operating Officer & Chief Performance … Read the full press release

New Director for Alpiq Hydro Ticino SA

7-2-2013 — /europawire.eu/ — Andrea Papina from the canton of Ticino will take over the position of Director of Alpiq Hydro Ticino SA. He will replace Alfredo Baldi who led the company based in Airolo (TI) for the past twelve years. … Read the full press release

BT GROUP PLC RESULTS FOR THE THIRD QUARTER AND NINE MONTHS TO 31 DECEMBER 2012

BT Group plc (BT.L) today announced its results for the third quarter and nine months to 31 December 2012.  7-2-2013 — /europawire.eu/ — Ian Livingston, Chief Executive, commenting on the results, said: “Our fibre plans are helping to make the UK … Read the full press release

European Investment Bank and Commerzbank agree on new global loan

7-2-2013 — /europawire.eu/ — The European Investment Bank (EIB) is again making substantial loans available for companies from Germany’s Mittelstand. To this end it today concluded a financing agreement covering 400 million euros with Commerzbank in Frankfurt. The new funding framework … Read the full press release

Per-Arne Blomquist appointed acting President and CEO of TeliaSonera

7-2-2013 — /europawire.eu/ — As Lars Nyberg has decided to leave his position as President and CEO of TeliaSonera, the Board of Directors has appointed Per-Arne Blomquist as acting President and CEO. TeliaSonera AB discloses the information provided herein pursuant to … Read the full press release

Digital Agenda: OMEGA research project uses light to help achieve higher broadband speeds

Brussels, 7-2-2013 — /europawire.eu/ — An EU-funded research project has created a system for higher broadband speeds that can connect many more devices in the home. Today, Wi-Fi is the home networking solution everyone uses, but it is unlikely to be able … Read the full press release

Neste Oil appoints Kaisa Lipponen Director of Corporate Communications

Neste Oil appoints Kaisa Lipponen Director of Corporate Communications  6-2-2013 — /europawire.eu/ — Kaisa Lipponen, M.A., (32) has been appointed Neste Oil’s Director of Corporate Communications as of 1 February 2013. She will be responsible for Neste Oil’s internal and external … Read the full press release

Turkish Airlines orders five additional A330 passenger aircraft

Repeat order great vote of confidence in A330s efficiency and reliability Blagnac,  6-2-2013 — /europawire.eu/ — Turkish Airlines has signed a firm order for two additional A330-300 passenger aircraft and three options as part of the carrier’s continued growth plans. The … Read the full press release

Lars Nyberg leaves TeliaSonera

Lars Nyberg, President and CEO, has decided to leave TeliaSonera. 6-2-2013 — /europawire.eu/ — “I am greatly relieved that Mannheimer Swartling has not found anything to support the allegations that TeliaSonera committed bribery or participated in money laundering. This is something … Read the full press release

MEPs to contest use of “Chateau” labels by US wine producers

6-2-2013 — /europawire.eu/ — Does the Commission plan to allow “Château” or “Clos” labels to be used on US wines sold in the EU? In the EU, these terms mean that the wine was made from grapes grown in a single … Read the full press release

CBI responds to parental leave and flexible working reforms

6-2-2013 — /europawire.eu/ — The CBI today (5th February 2013) commented on the introduction of a new system of shared parental leave, and the extension of the right to request flexible working to all employees, contained in the Government’s Children and … Read the full press release