Category Archives: Business

Business Press Releases & News distributed via EuropaWire

EIB injects EUR 150m into Gedeon Richter’s R&D operations in Hungary, one of the biggest research projects in central Europe

We are supporting research and development into innovative drug treatments in Hungary 7-5-2013 — /europawire.eu/ — For well over 100 years, Hungarian pharmaceutical company Gedeon Richter has been working to improve their clients’ health and quality of life. It has stepped … Read the full press release

EC paves the way for more ambitious Single European Sky performance targets

Brussels, 7-5-2013 — /europawire.eu/ — The European Commission adopted today revised implementing Regulations on performance and charging, setting the framework for the upcoming negotiations on targets for the second reference period (2015 to 2019) of the SES Performance Scheme. The Scheme sets … Read the full press release

Alstom to supply 2×800 MW boilers to Bharat Heavy Electricals Limited for Gadarwara super thermal power plant

6-5-2013 — /europawire.eu/ — Alstom has been awarded a contract by Bharat Heavy Electricals Limited (BHEL)[1], to supply components and services for the 2×800 MW Gadarwara super thermal power plant at Gadarwara, Narsingpur, Madhya Pradesh, India. This contract is worth approximately … Read the full press release

The EC approved liquidation aid for the Agricultural Bank of Greece (ATE Bank)

Brussels, 6-5-2013 — /europawire.eu/ — The European Commission has concluded that liquidation aid granted by Greece in favour of Agricultural Bank of Greece (ATE Bank) was in line with EU state aid rules. In particular, the Commission found that the aid was … Read the full press release

ABB acquires Los Gatos Research to add a new line of high-performance gas analyzers to ABB’s leading measurement business

Enhanced laser capabilities expand measurement products and services in oil and gas, electric power and other industrial sectors Cary, NC, USA, 6-5-2013 — /europawire.eu/ — ABB, a global leader in electric power and automation, announced today that it has agreed to acquire … Read the full press release

AutomotiveINNOVATIONS Award 2013: Mercedes-Benz is the “Most Innovative Automotive Brand”

Stuttgart/Frankfurt am Main, 6-5-2013 — /europawire.eu/ — At yesterday’s award ceremony for the AutomotiveINNOVATIONS Award 2013, CEO of Daimler AG and Head of Mercedes-Benz Passenger Cars, Dr. Dieter Zetsche, accepted two honours: Mercedes-Benz received the distinction as the world’s “Most Innovative … Read the full press release

EC adopts package of measures to strengthen the enforcement of health and safety standards for the whole agri-food chain

Brussels, 6-5-2013 — /europawire.eu/ — The European Commission has today adopted a package of measures to strengthen the enforcement of health and safety standards for the whole agri-food chain. Food safety is essential to ensure consumers’ confidence and sustainability of food production. … Read the full press release

Alstom awarded a contract to supply ground-breaking energy recovery system for London Underground

6-5-2013 — /europawire.eu/ — Alstom was awarded a contract by UK Power Networks Services  to supply its innovative Harmonic and Energy Saving Optimiser (HESOP) energy recovery system for the Victoria Line of the London Underground. The contract, worth about €1 million, … Read the full press release

Lyudmila Zalimskaya appointed TENEX’s new General Director

6-5-2013 — /europawire.eu/ — According to a decision by JSC Atomenergoprom, the sole shareholder of JSC TENEX, of 25 April 2013, Lyudmila Zalimskaya has been elected as TENEX’s new General Director, after serving as Acting General Director since October 2012. Ms Zalimskaya … Read the full press release

Grupa Azoty S.A. Management Board Change

The Change of the Chairman of the Management Board in Grupa Azoty S.A.  6-5-2013 — /europawire.eu/ — On 29th April 2013 the Supervisory Board of Grupa Azoty S.A. dismissed Mr Jerzy Marciniak, Chairman of the Management Board, as another step of … Read the full press release

Kepler, Crédit Agricole Cheuvreux merger creates Europe’s leading equity broker: Kepler Cheuvreux

Crédit Agricole CIB and UniCredit Bank AG each take a stake in the enlarged company Paris, 6-5-2013 — /europawire.eu/ — Crédit Agricole Corporate and Investment Bank (‘Crédit Agricole CIB’) and Kepler Capital Markets (‘Kepler’) are pleased to announce the legal … Read the full press release

The EC sent Statement of Objections to Motorola Mobility on potential misuse of mobile phone standard-essential patents

Brussels, 6-5-2013 — /europawire.eu/ — The European Commission has informed Motorola Mobility of its preliminary view that the company’s seeking and enforcing of an injunction against Apple in Germany on the basis of its mobile phone standard-essential patents (“SEPs”) amounts to an abuse … Read the full press release

Europe innovation: TECH800 turboshaft demonstration for future helicopter turboshaft engine

Brussels, 6-5-2013 — /europawire.eu/ — The official celebration of the first rotation of TECH800 turboshaft demonstrator took place on Friday 26 April, in Pau (France), in the presence of Siim Kallas, Commissioner for Transport and Vice-President of the European Commission, Eric Dautriat, Executive … Read the full press release

ABB to supply power transformers to Saudi Electricity Company, worth of $120M

Transformers to augment transmission grid and boost power supply to meet growing demand  Zurich, Switzerland, 6-5-2013 — /europawire.eu/ — ABB, the leading power and automation technology group, has won orders worth around $120 million from the Saudi Electricity Company, to supply … Read the full press release

Grupa Azoty to present Tarnamid® & Tarnoform® at PLASTPOL Kielce

Grupa Azoty invites to PLASTPOL Kielce planned for 7th to 10th June 2013 Pavillon E – fair stand 27 6-5-2013 — /europawire.eu/ — XVII Edition of the International Plastics and Rubber Fair PLASTPOL Kielce is one of the biggest events of … Read the full press release

The EC suspends Austrian plans to regulate high bandwidth of leased lines

Brussels, 6-5-2013 — /europawire.eu/ — The European Commission has expressed serious doubts over draft measure notified by the Austrian telecoms regulator (RTR) on the wholesale market for terminating segments of leased lines – the final part of the network. Leased lines are … Read the full press release

EC finds public co-financing of Uppsala arena in Sweden is in line with EU state aid rules

Brussels, 6-5-2013 — /europawire.eu/ —  The European Commission has concluded that the proposed public co-financing of a new multi-purpose arena in Uppsala, Sweden was in line with EU state aid rules. In particular, the Commission found that the public funding was … Read the full press release

Telenor Group partners with Boston-based Northeastern University on two projects within the use of ‘Big Data’ in telecommunication

Fornebu, Norway, 3-5-2013 — /europawire.eu/ — Telenor Group has recently signed a cooperation agreement with Northeastern University, a private research institution in Boston, USA. The cooperation will cover two projects within the use of ‘Big Data’ in telecommunication. “Our cooperation with Northeastern … Read the full press release

ECB Monetary policy decisions

3-5-2013 — /europawire.eu/ — At today’s meeting, which was held in Bratislava, the Governing Council of the ECB took the following monetary policy decisions: The interest rate on the main refinancing operations of the Eurosystem will be decreased by 25 basis … Read the full press release

UC RUSAL to modernise Alpart and Windalco, Jamaica

Moscow, 3-5-2013 — /europawire.eu/ — UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; Moscow Exchange: RUALR/RUALRS), the world’s largest aluminium producer, announces the start of modernisation of Alpart and Windalco (Ewarton and Kirkvine works) alumina refineries in Jamaica, which will include the full … Read the full press release