Category Archives: Business

Business Press Releases & News distributed via EuropaWire

The first Stadler underground trains in Berlin to start service for Berliner Verkehrsbetriebe in 2015

Stadler presents mock-up of Berlin underground train at UITP in Geneva Bussnang, 9-5-2013 — /europawire.eu/ — The first Stadler underground trains in Berlin will start service for Berliner Verkehrsbetriebe (BVG) in 2015. The UITP congress in Geneva at the end of May … Read the full press release

Cassidian CyberSecurity acquires Arkoon Network Security

Arkoon Network Security is a European reference in network security, information systems protection and data confidentiality. The acquisition of Arkoon Network Security represents a further step in the strategic development of Cassidian CyberSecurity to become a major European player in … Read the full press release

ENERCON to install the first E-92 wind turbines in Finland this year

Contract signed/development activities take off in country Aurich/Germany, 9-5-2013 — /europawire.eu/ — ENERCON is to install the first E-92 wind turbines in Finland this year. A contract to this effect was recently signed with the Finnish power supply company, Kotkan Energia Oy … Read the full press release

ЕБРР Расширяет Портфель Проектов В Секторе Возобновляемой Энергетики В Украине

Пакет финансирования на сумму 5,6 млн. евро на поддержку нового проекта в области солнечной энергетики 9-5-2013 — /europawire.eu/ — ЕБРР продолжает оказывать содействие и поддержку проектам в секторе возобновляемой энергетики в Украине, направленным на уменьшение воздействия производства традиционной электроэнергии на окружающую … Read the full press release

EIB €140m loan to finance wind farms in Lower Austria

Windpower in Austria: Energiepark Bruck receives EIB loan Bruck, 9-5-2013 — /europawire.eu/ — The European Investment Bank (EIB) is providing a EUR 140 million loan to finance wind farms in Lower Austria. A first EUR 28 million instalment was signed today in Bruck by … Read the full press release

Nepal Airlines to modernise its fleet with Airbus A320

Sharklet equipped to save up to four percent in fuel burn Blagnac, 9-5-2013 — /europawire.eu/ — Nepal’s national flag carrier, Nepal Airlines Corporation (NAC) has signed a Memorandum of Understanding (MoU) to buy two Airbus A320 aircraft equipped with Sharklet fuel saving … Read the full press release

The Court upholds the judgment of the General Court: Eni SpA is definitively required to pay a fine of €181.5 million

The Court upholds the judgment of the General Court concerning the cartel on the synthetic rubbers markets as regards the Italian company Eni SpA Luxembourg, 9-5-2013 — /europawire.eu/ — In 20061 the Commission imposed fines totalling over €519 million on 13 … Read the full press release

EC, ECB and IMF on the Tenth Review Mission to Ireland

Brussels, 9-5-2013 — /europawire.eu/ — Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) visited Dublin during April 23rd – May 2nd, 2013 for the tenth review of the government’s economic programme and met with … Read the full press release

Algirdas Šemeta: Tax evasion and avoidance: time for ambitious actions

Algirdas Šemeta – Commissioner responsible for Taxation and Customs Union, Statistics, Audit and Anti-fraud European Parliament Economic Committee on Taxation Brussels, 9-5-2013 — /europawire.eu/ — Ladies and Gentlemen, I am very happy to be here with you today. I would like to … Read the full press release

Mercedes-Benz sold 116,566 vehicles in April, 11.7% more than in any previous April

Stuttgart, 8-5-2013 — /europawire.eu/ — Mercedes-Benz delivered 116,566 vehicles to customers in April (+11.7%), more than in any previous April. Unit sales since the beginning of the year totaled 441,464 vehicles (+5.6%). The brand with the star was able to … Read the full press release

Alstom T&D India Limited 4Q and Full Year 2012/13 results

8-5-2013 — /europawire.eu/ — Alstom T&D India Limited today reported its financial results for the fourth quarter and for year ended 31stMarch, 2013.  For the fourth quarter (1st January-31 March 2013) Orders booked during the quarter Rs. 675 cr; backlog at a … Read the full press release

ABB to supply Stadler Rail trains with traction equipment

Next generation orders to install ABB traction and onboard equipment on 76 trains Zurich, Switzerland, 8-5-2013 — /europawire.eu/ —  ABB, the leading power and automation technology group, has received orders worth more than $60 million from Swiss train manufacturer, Stadler … Read the full press release

Austria’s federal provinces analysis by Bank Austria Economics

Federal provinces continuing to withstand international headwind Burgenland the top federal province in 2012, followed by Tyrol, Styria and Vorarlberg Growth slowed across all federal provinces in 2012, although economic output is back well above pre-crisis levels in nearly all … Read the full press release

Syngenta 1Q 2013 sales $4.6 billion

Integrated regional sales up 8 percent at constant exchange rates Continuing momentum, growth across all regions High grower profitability supporting ongoing technology adoption Basel, Switzerland, 8-5-2013 — /europawire.eu/ —  In the first quarter of 2013 integrated sales increased by 8 percent … Read the full press release

Hellenic Telecommunications Organization SA 2013 1Q Results Under IFRS

Net income at €167.5mn, up 5% excl. capital gains Adjusted Net operating cash flow up 7% to €261mn –       Further reduction in net debt, at 1.7x trailing 12M EBITDA EBITDA margin stable at 35.4% Total operating expenses excl. D&A and … Read the full press release

AGVL & ver.di agree on pay negotiations for Lufthansa ground staff

Agreement, set to run for 26 months, provides for pay rises differentiated by business segment / Lufthansa pledges employment safeguards 8-5-2013 — /europawire.eu/ — At the fourth round of wage talks for around 33,000 Lufthansa ground staff in Germany, the Air … Read the full press release

EBRD funds new solar energy project in Ukraine

€5.6 million financing package to support new solar energy project 8-5-2013 — /europawire.eu/ — The EBRD continues promoting and supporting renewable energy projects in Ukraine aimed at reducing the environmental impact of traditional power generation. Renewable energy is yet to establish … Read the full press release

Expert hearing on plans to open up the EU’s national rail passenger markets to competition

8-5-2013 — /europawire.eu/ — An expert hearing on plans to open up the EU’s national rail passenger markets to competition will be held by the Transport and Tourism Committee on Tuesday. Experts representing passengers, rail workers, operators and infrastructure managers will … Read the full press release

Deutsche Lufthansa AG AGM: forego dividend for 2012 / discharge of Executive Board and Supervisory Board / New Supervisory Board constituted

Cologne, 8-5-2013 — /europawire.eu/ — Around 2,100 shareholders attended the 60th Annual General Meeting of Deutsche Lufthansa AG today in Cologne. Together with the Company’s Executive Board and Supervisory Board, they dealt with the seven items on the meeting’s agenda. Shareholders accounting … Read the full press release