Category Archives: Business

Business Press Releases & News distributed via EuropaWire

UK Van Fleet World Honours 2013: Mercedes-Benz Sprinter Named Best Large Van, Mercedes-Benz Vans Wins Safety Award

Sprinter wins in tough field testing Judges praise Mercedes-Benz Vans for safety concept Mercedes-Benz cars also put in an impressive performance Stuttgart, 11-6-2013 — /europawire.eu/ — The Mercedes-Benz Sprinter is setting standards worldwide – also as far as fleet specialists … Read the full press release

Alstom introduced its new Citadis Spirit light-rail vehicle for the North American market

11-6-2013 — /europawire.eu/ — Alstom today unveiled its new Citadis Spirit light-rail vehicle for the North American market during the 2013 American Public Transportation Association Rail Conference in Philadelphia. Company executives emphasized that the Citadis Spirit builds upon the experience of more than … Read the full press release

WirelessCar received 2 awards at Telematics Update Detroit

Gothenburg, 11-6-2013 — /europawire.eu/ — A jury of six telematics experts from across the industry selected WirelessCar as the Best Telematics Product or Service Launch in an Emerging Market (BRIC Region) and recognized Martin Rosell, Managing Director of WirelessCar, who received … Read the full press release

Victims of antitrust violations can claim damages under newly proposed EU legislation

Brussels, 11-6-2013 — /europawire.eu/ — Antitrust: Commission proposes legislation to facilitate damage claims by victims of antitrust violations.  The European Commission has adopted a proposal for a Directive on how citizens and companies can claim damages when they are victims of infringements … Read the full press release

UK Department of Energy & Climate Change: Economic benefits of offshore oil and gas to be maximised

10-6-2013 — /europawire.eu/ — The economic benefits of offshore oil and gas production, for energy security, jobs, tax revenue and growth are set to be maximised, as Government announced the start of an independently-led review today. The UK’s oil and gas … Read the full press release

Banco de Portugal Collector coins ‘José Saramago’ and ‘150th Anniversary of the Red Cross’ into circulation from 21 May 2013

Lisbon, 10-6-2013 — /europawire.eu/ — Banco de Portugal will put two cupro-nickel-alloy collector coins into circulation from 21 May 2013 with face value of €2.50, called ‘José Saramago’, from the ‘Europa – Escritores Europeus’ (Europe – European writers) series, and ‘150th … Read the full press release

Barry Callebaut intends to offer $600m Senior Notes due 2023 to finance acquisition of Cocoa Ingredients Division from Petra Foods

Zurich/Switzerland, 10-6-2013 — /europawire.eu/ — Barry Callebaut, the world’s leading manufacturer of high-quality cocoa and chocolate products, takes another step towards the closing of the acquisition of the Cocoa Ingredients Division from Petra Foods by announcing that it intends to offer USD … Read the full press release

EIB provides additional EUR 200M to the Turkish State Railways for the Istanbul-Ankara High Speed Rail Line

Ankara / Luxembourg, 10-6-2013 — /europawire.eu/ — The European Investment Bank is providing EUR 200 million to the Turkish State Railways, as a further contribution to upgrading the country’s main transport corridor between Ankara and Istanbul. This additional funding brings total EIB … Read the full press release

Cassidian, NCS awarded the Safe City Test Bed by Singapore Government

Consortium with local partner NCS Results to be showcased at the World Cities Summit 2014 Singapore, 10-6-2013 — /europawire.eu/ — Cassidian, a worldwide leader in defence and security solutions, together with its local partner NCS, has been awarded the Safe City Test … Read the full press release

Mercedes-Benz posts record sales for May 2013 – 121,360 units, +7.3%

Stuttgart, 10-6-2013 — /europawire.eu/ — Mercedes-Benz again grew its unit sales in May with vehicle deliveries to customers that are unprecedented for the month of May (121,360 units, +7.3%). The Stuttgart based manufacturer also posted a new sales record for … Read the full press release

Air transport agreement between EU & Israel

Brussels, 10-6-2013 — /europawire.eu/ — In the margins of the EU Transport Council in Luxembourg, the European Union and Israel have today signed a comprehensive air transport agreement which will gradually open up and integrate their respective markets, develop an aviation area … Read the full press release

Swisscom has laid fibre-optic cabling in Chiasso municipality

Berne, 10-6-2013 — /europawire.eu/ —  Over the next few years, Swisscom will supply Chiasso with fibre-optic technology, thus allowing homes and business in the Ticino municipality to connect to the ultra high-speed communications network. Swisscom will inform homeowners in the Soldini … Read the full press release

The British Department of Energy and Climate Change funds 3 clean energy entrepreneurs to test cutting edge designs in bioenergy

10-6-2013 — /europawire.eu/ — The winning companies – AB systems, AMW IBERS and Natural Synergies – were selected from an initial list of seven to go through from the project design stage to the testing phase of the Department of Energy … Read the full press release

PennDOT awards Fugro Roadware multi-year contract for Automated Pavement Data Collection

10-6-2013 — /europawire.eu/ — The Pennsylvania Department of Transportation (PennDOT) has awarded Fugro Roadware a multi-year contract for Automated Pavement Data Collection. The contract consists of automatically collecting pavement data on nearly 27,000 miles of state-owned highways annually including right-of-way and … Read the full press release

Yara International ASA announced it purchased 80,000 own shares in the market at an average price of NOK 263.3117

Oslo, 10-6-2013 — /europawire.eu/ — Yara International ASA purchased on 31 May 80,000 own shares in the market at an average price of NOK 263.3117. The transaction is part of a buy-back program, authorized by the Annual General meeting held 13 May … Read the full press release

Rostelecom OJSC announced the coupon for its Series 16 bonds set at 7.5% per annum

10-6-2013 — /europawire.eu/ — Rostelecom OJSC (the “Group”) (MICEX – RTS: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, today announces that the coupon for its Series 16 bonds has been set at 7.5% per annum. The bonds, totalling a … Read the full press release

Rostelecom OJSC started to pre-market its RUB 5 billion of series 16 bonds

Moscow, Russia, 10-6-2013 — /europawire.eu/ — Rostelecom OJSC (the “Group”) (MICEX – RTS: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, announces that it has started to pre-market its RUB 5 billion of series 16 bonds. The Company’s latest bond issue is … Read the full press release

Prime Minister David Cameron gave seal of approval to Diageo investment in renewables, whisky and skills

10-6-2013 — /europawire.eu/ — The Prime Minister, Rt Hon David Cameron MP, today (Friday 7th June, 2013) hammered home his support for the renewable energy revolution which is powering Scotch whisky export growth. The Prime Minister visited the Cameronbridge Distillery in … Read the full press release

EIB comits €20 million to the Capital North Africa Venture Fund II

10-6-2013 — /europawire.eu/ — The EIB has committed €20 million to the Capital North Africa Venture Fund II (CNAV II), a Maghreb-focused generalist fund managed by the independent Casablanca-based private equity firm, Capital Invest. CNAV II has reached a first closing … Read the full press release

EC cleared the acquisition of Cocoa Ingredients Division of Petra Foods by Barry Callebaut

Brussels, 7-6-2013 — /europawire.eu/ —  The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the Cocoa Ingredients Division of Petra Foods Limited of Singapore by Barry Callebaut AG of Switzerland. The Commission’s investigation confirmed in particular … Read the full press release