Category Archives: Business

Business Press Releases & News distributed via EuropaWire

De Nederlandsche Bank: Dutch investment firms’ Q1 2013 net assets increased by 4.5% Q-o-Q

21-5-2013 — /europawire.eu/ — In the first quarter of 2013 Dutch investment firms’ net assets increased by 4.5% Q-o-Q (EUR 25.2 billion) to EUR 581.1 billion (see figure 1). The increase was due especially to price gains on equity investments. The … Read the full press release

EBRD to finance Kyrgyz Capital Bishkek Clean Up With Modern Solid Waste Management

Total financing of €22 million, including loans and grants, will allow Bishkek to upgrade its solid waste collection, build urgently needed landfill and close down existing dump 21-5-2013 — /europawire.eu/ — Bishkek, the capital of the Kyrgyz Republic, has a vision … Read the full press release

EIB priced new USD 5 billion Global benchmark issue in the 3-year sector

21-5-2013 — /europawire.eu/ — The European Investment Bank (‘EIB’) priced a new Global benchmark issue in the 3-year sector. This is EIB’s second 3-year US Dollar Global and fourth US Dollar Global of the year. The transaction was priced at … Read the full press release

The LEGO Group to become sole owner of LEGO® Education in North America as of January 1, 2014

21-5-2013 — /europawire.eu/ — Since forming the venture in 1997 Pitsco and LEGO Education have forged a strong partnership and achieved remarkable growth. The decision to acquire the business in full reflects a desire by The LEGO Group to continue to prioritize … Read the full press release

KBC owned Warta’s pension fund business in Poland acquired by PTE Allianz Polska S.A.

Warsaw, 21-5-2013 — /europawire.eu/ — PTE Allianz Polska S.A., subsidiary of TUiR Allianz Polska S.A., today announced that it will acquire PTE Warta’s pension fund business. PTE WARTA S.A. is owned by the Belgian bancassurance group KBC. “I am pleased with … Read the full press release

KBC reacts to legal action against Blagosostoyanie’s acquisition of Absolut Bank, KBC’s banking subsidiary in Russia

Brussels, 20-5-2013 — /europawire.eu/ — KBC takes note of the legal action started before the President of the Brussels Court of Commerce by four private customers of Blagosostoyanie against the Russian pension fund’s acquisition of Absolut Bank, KBC’s banking subsidiary in Russia. … Read the full press release

Agfa HealthCare to demonstrate its comprehensive IMPAX Cardiovascular suite at the EuroPCR congress in Paris

Web-based, vendor-neutral platform integrates all cardiovascular clinical procedures, and offers specialist cardiology tools and features. IMPAX Cardiovascular supports the diagnostic workflow and anywhere, anytime access to the patient record. – Features to be highlighted include intuitive structured reporting, automated Syntax … Read the full press release

Bridgepoint acquired The Flexitallic Group from Eurazeo PME

Deal valued at €450 million 20-5-2013 — /europawire.eu/ — Bridgepoint announced that it had reached agreement with Eurazeo PME on the acquisition of The Flexitallic Group (formerly FDS Group), global market leader in sealing product technology for the oil, gas and energy … Read the full press release

Johanna Hietalahti of University of Helsinki: Microcredits should not be marketed as a panacea for development

The importance of microcredits in reducing poverty among women in developing countries has been exaggerated Helsinki, 20-5-2013 — /europawire.eu/ — “Microcredits should not be marketed as a panacea for development. They are connected to other livelihood strategies targeting women, plus they cannot … Read the full press release

Professor Jon Rushman: You can understand why Governments are nervous about Bitcoin

Jon Rushman talks about Bitcoin on BBC’s Today 20-5-2013 — /europawire.eu/ — Professor Jon Rushman told BBC Radio 4’s Today programme that he believes in the long term cyber currencies like Bitcoin could see the end of central banks and foreign … Read the full press release

EBRD, Borsa Istanbul join forces to develop regional capital markets

20-5-2013 — /europawire.eu/ — The European Bank for Reconstruction and Development and Borsa Istanbul are joining forces to develop regional capital markets. To this end EBRD First Vice President Philip Bennett and Borsa Istanbul’s Chairman and CEO Ibrahim Turhan signed a … Read the full press release

Alstom Grid and KEPCO formed KEPCO Alstom Power Electronics Systems joint venture in Korea

20-5-2013 — /europawire.eu/ —  Alstom Grid and Korea Electric Power Corporation (KEPCO), one of the largest electric utilities in the world, have announced the creation of KEPCO Alstom Power Electronics Systems (KAPES). The joint venture will focus on delivering high … Read the full press release

Henkel startet Neue Wissensplattform zum Thema „Food Safe Packaging“

Düsseldorf, 20-5-2013 — /europawire.eu/ — In einer Vielzahl von Lebensmittelverpackungen stecken Klebstoffe und auch das geballte Expertenwissen von Henkel, dem weltgrößten Klebstoffhersteller. Das gibt den Kunden in der Lebensmittelbranche und damit den Verbrauchern Sicherheit. Mit der umfangreichen Wissensplattform „Food Safe Packaging“ wird … Read the full press release

Altran Board of Directors proposed €0.09 payout per share for shareholders’ approval

20-5-2013 — /europawire.eu/ — The Board of Directors of the Altran group will submit a proposed payout of €0.09 per share for shareholders’ approval at the Annual General Meeting on 28 June 2013. This payout will be financed from funds held … Read the full press release

Vienna Insurance Group completes the acquisition of QBE Makedonija

Vienna Insurance Group new market leader in Macedonia 20-5-2013 — /europawire.eu/ — Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG) has concluded the acquisition of a majority stake in QBE Makedonija. VIG has acquired 92.9 percent of the voting rights in the Macedonian … Read the full press release

EIB signs EUR 300m loan agreement with CaixaBank to finance SMEs and midcaps

Luxembourg, 20-5-2013 — /europawire.eu/ — The European Investment Bank (EIB) has signed a EUR 300 million loan agreement with CaixaBank to finance small and medium-scale investment projects promoted by SMEs (with fewer than 250 employees) and midcaps (companies with up to 3 000 … Read the full press release

University of Porto Professor Duarte Pitta Ferraz appointed member of the EIB Audit Committee

20-5-2013 — /europawire.eu/ — On the basis of a nomination by the Portuguese Republic in agreement with the Kingdom of Spain and by decision of the Board of Governors on 14 May 2013, Mr Duarte Pitta Ferraz (Professor University of Porto), … Read the full press release

Banca d’Italia: Partecipazione in Bonifiche Ferraresi S.p.A. – Avvio della procedura di vendita

Roma, 20-5-2013 — /europawire.eu/ — Si rende noto che domani, 7 maggio 2013, avrà inizio la procedura di vendita della partecipazione di controllo detenuta dalla Banca d’Italia nella Bonifiche Ferraresi S.p.A.. La procedura sarà aperta dalla pubblicazione di un invito a … Read the full press release

EC, scientists, policy makers launch scientific clusters to support economic development in Danube Region

20-5-2013 — /europawire.eu/ — The European Commission and scientists and policy makers from the 14 Danube Region countries have today launched six scientific clusters to support economic development in the region. The six clusters will focus on: water; land & soil; … Read the full press release

EC call for proposals to fund 45 eco-innovations throughout Europe, ends 5 September 2013

Brussels, 20-5-2013 — /europawire.eu/ — The European Commission has launched a call for proposals of EUR 31.5 million for the best 45 eco-innovation projects. Businesses throughout Europe have until 5 September 2013 to put in their proposals for bringing novel environmental solutions to … Read the full press release