Category Archives: Business

Business Press Releases & News distributed via EuropaWire

EU, Japan announced research projects aimed at building 100Gbps Internet

5-7-2013 — /europawire.eu/ — The European Commission and Japan today announce six research projects aiming at redefining internet architectures to increase the efficiency of networks in carrying data. One project aims to build networks 5000 times faster than today’s average European … Read the full press release

Shell announced successful exploratory well at Vicksburg in the deep-water Gulf of Mexico

5-7-2013 — /europawire.eu/ — Shell today announces a successful exploratory well at Vicksburg in the deep-water Gulf of Mexico. The well is located 75 miles (120 kilometers) offshore in the Mississippi Canyon Block 393 in 7,446 feet (2,269 meters) of water. … Read the full press release

Jaguar Land Rover China announced it sold 42,155 units in H1 2013, double digit growth

British Premium Automaker is Dedicated to Getting Closer to Customers Jaguar Land Rover China witnessed healthy sales of 42,155 units in the first six months of the year Jaguar’s sales surged 85% from January to June, with deliveries of 7,933 … Read the full press release

Increase in Apple Phishing Scams identified by Kaspersky Lab phishing report

Advises Users to Safeguard Apples Accounts and Sensitive Data 5-7-2013 — /europawire.eu/ — Kaspersky Lab published a phishing report that analyzed the dramatic increase of cybercriminal campaigns designed to steal users’ Apple IDs and account information by creating fraudulent phishing sites that try to … Read the full press release

Groupe Auchan’s Russian supermarkets Atak opened its 100th store

On 19 June, Atak, the brand of the Russian supermarkets of the Auchan group, opened its 100th store in Nizjni Novgorod. 5-7-2013 — /europawire.eu/ — The 100th Atak store opened to the public on 19 June in Nizjni Novgorod, in the presence … Read the full press release

EIB lends EUR 40M to PKP Polskie Linie Kolejowe S.A. to upgrade its rail track and signalling system in East Poland

5-7-2013 — /europawire.eu/ — The European Investment Bank (EIB) is lending EUR 40 million to PKP Polskie Linie Kolejowe S.A. (PLK) for the upgrading of rail track and the signalling system in East Poland. This is a continuation of the EIB’s successful cooperation … Read the full press release

Auchan group’s real estate subsidiary Immochan announced new governance

5-7-2013 — /europawire.eu/ — Immochan, the commercial real estate company, 100% subsidiary of the Auchan group, is reorganized around 5 departments, under the coordination of Benoît LHEUREUX, who has been appointed Executive Chairman. Immochan France and Luxembourg Department, led by Hervé … Read the full press release

European private equity firm Montagu Private Equity signs with ECI Partners to acquire CliniSys Group, supplier of IT systems to clinical laboratories

London, 5-7-2013 — /europawire.eu/ — Montagu Private Equity (“Montagu”), a leading European private equity firm, today announced that it has reached an agreement to acquire CliniSys Group (“CliniSys” or “the Company”), a pan-European supplier of IT systems to clinical laboratories, from ECI … Read the full press release

Daimler AG Chairman Dr Dieter Zetsche handed over the key of the M-Class Popemobile to Pope Francis in Vatican

Stuttgart/Rome, 4-7-2013 — /europawire.eu/ — Dr Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars, handed over the key to the Popemobile to Pope Francis yesterday at a private meeting in the Vatican. Pope … Read the full press release

Mercedes-Benz sold 694,433 vehicles in first half of 2013, more than ever before

Stuttgart, 4-7-2013 — /europawire.eu/ — In the first half of 2013, Mercedes-Benz posted yet another record with sales of 694,433 vehicles (+6.4%). With 131,609 units sold, sales in June also reached record level (+8.3%), not least through strong growth in China … Read the full press release

Triton Funds to take over 100 % of Befesa from Spanish group Abengoa

Value of EUR 1.075 billion, cash purchase price of EUR 850 million European market leader in niche recycling businesses with strong core activities in Germany Potential for future growth in emerging markets such as South Korea, Turkey, Middle East and … Read the full press release

EBRD launched €150M programme to back medium- to long-term bonds issued by the Romanian financial institutions

€150 million framework to support development of local capital markets 4-7-2013 — /europawire.eu/ — In a move to support the development of Romania’s capital markets, the EBRD has launched a €150 million programme to back medium- to long-term bonds issued by … Read the full press release

EU27 2013 total cereal production expected to be higher than 2012 level, despite poor weather

4-7-2013 — /europawire.eu/ — This year total cereal production in the EU-271 is forecast to be well above 2012 levels and above the average of the past five years. This agricultural year has so far been marked by an unusually prolonged winter … Read the full press release

European Union Single Market Scoreboard website covering 13 different tools launched

Single Market Scoreboard website launched – new figures are now available online 4-7-2013 — /europawire.eu/ — With today’s launch of the online only Single Market Scoreboard, a more comprehensive and user-friendly reporting system has been put in place. The Single Market Scoreboard … Read the full press release

British Airways becomes the 10th operator to receive Airbus A380

4-7-2013 — /europawire.eu/ — British Airways (BA) has become the tenth operator to receive an Airbus A380 after taking delivery of the first of 12 aircraft on order. BA is the first UK operator of the A380 and will start to … Read the full press release

Alstom signed with Bharat Heavy Electricals Limited to supply components and services for 2×660 MW Suratgarh Super Thermal Power Project in India

4-7-2013 — /europawire.eu/ — Alstom concludes contract1 with BHEL for 2×660 MW Suratgarh power plant Alstom has been awarded a contract1 by Bharat Heavy Electricals Limited (BHEL) to supply components and services for the 2×660 MW Suratgarh Super Thermal Power Project (STPP), located … Read the full press release

EC opened public consultation with trade unions and employers’ representatives over undeclared work

4-7-2013 — /europawire.eu/ — The European Commission has launched today a consultation with representatives of trade unions and employers’ organisations on possible future EU measures to prevent and deter undeclared work through improved cooperation between Member States enforcement authorities, such as … Read the full press release

Alstom completed 3-year upgrade and overhaul process of Virgin Trains’ Pendolino fleet

4-7-2013 — /europawire.eu/ —To mark the end of a three year process to upgrade and overhaul Virgin Trains’ Pendolino fleet that will help make sure the sets continue to provide a reliable service on Europe’s busiest rail line, a special event … Read the full press release

Bayer acquired herbal medicines producer Steigerwald Arzneimittelwerk GmbH

Christian Sarto appointed Managing Director Leverkusen,  4-7-2013 — /europawire.eu/ — Bayer has completed the acquisition of Steigerwald Arzneimittelwerk GmbH, Darmstadt, Germany. The transaction was cleared by the relevant antitrust authorities. Christian Sarto (43), previously responsible for HealthCare mergers and acquisitions at Bayer … Read the full press release

30,000 attended Leverkusen BayArena for Bayer’s 150 years anniversary celebration

Leverkusen, 4-7-2013 — /europawire.eu/ — The Leverkusen BayArena – home stadium of the Bayer 04 soccer team – was transformed into a sea of green and blue. The climax of the afternoon event held to celebrate Bayer’s foundation 150 years ago … Read the full press release