Category Archives: Business

Business Press Releases & News distributed via EuropaWire

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

EUR 500m loan agreement between EIB and Instituto de Crédito Oficial, Spain

20-5-2013 — /europawire.eu/ — The European Investment Bank (EIB) has signed a EUR 500 million loan agreement with the Instituto de Crédito Oficial (ICO) designed to boost the amount of credit available to SMEs and midcaps (companies with up to 3 000 employees), … Read the full press release

First upgraded Tornado ECR delivered to Italian Air Force

Turin, 17-5-2013 — /europawire.eu/ — Alenia Aermacchi, in collaboration with BAE Systems and Cassidian, its Panavia consortium partners, has delivered the first upgraded Tornado ECR (Electronic Combat/ Reconnaissance) to the Italian Air Force. Alenia Aermacchi, as technical and program leader, is in … Read the full press release

EIB to finance Repsol’s RDI programme with EUR 200 million

Madrid, 17-5-2013 — /europawire.eu/ —  The European Investment Bank (EIB) is supporting Repsol S.A.’s research, development and innovation (RDI) programme with a EUR 200 million loan. EIB Vice-President Magdalena Álvarez Arza and Repsol’s CEO Antonio Brufau signed the finance contract in Madrid … Read the full press release

European Union & Swiss Confederation competition authorities to cooperate

Brussels, 17-5-2013 — /europawire.eu/ — The European Union and the Swiss Confederation have signed an agreement that will strengthen co-operation between their respective competition authorities, the European Commission and the Swiss Competition Commission. This is the fifth such agreement signed by the … Read the full press release

Uwe Hihn became CEO for both companies Altran Germany and IndustrieHansa

17-5-2013 — /europawire.eu/ — Uwe Hihn (43) has been appointed Chief Executive Officer for both companies Altran Germany and IndustrieHansa. He is member of the Group’s management committee and reports directly to Michael Blickle, Group Executive Vice-President for Northern Europe. In … Read the full press release

Henkel beliefert Automobilindustrie mit Teroson RB 8275

Neues Dämpfungsmaterial ist besser für die Umwelt 17-5-2013 — /europawire.eu/ — Ein Trend setzt sich durch in der Automobilindustrie: Von Robotern gespritzte Dämpfungsmaterialien für die Fahrzeugkarosserie ersetzen zunehmend herkömmliche Bitumen-Matten. Henkel bringt jetzt die vierte Generation seines kautschukbasierten Dämm-Materials auf den … Read the full press release

ABB signed long-term Preventive Service™ agreement with China LNG Shipping International Co. Ltd

Long-term service agreement improves lifecycle cost control and fleet reliability 17-5-2013 — /europawire.eu/ — ABB, the leading power and automation technology group, signed a long-term Preventive Service™ agreement with China LNG Shipping International Co. Ltd (CLSICO) to provide maintenance services to … Read the full press release