Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Fortum agreed to sell its 33% holding in Norwegian Infratek ASA for EUR 37M to fund advised by Triton

3-7-2013 — /europawire.eu/ — Fortum has agreed to sell its 33% holding in Norwegian Infratek ASA to a fund managed by Triton. The sales price is approximately EUR 37 million. The divestment is in line with Fortum’s aim to strengthen its strategic … Read the full press release

Fortum acquired district heat operations in Tartu, Estonia from Eraküte

3-7-2013 — /europawire.eu/ — Fortum has agreed to acquire district heat operations in the city of Tartu in Estonia from the Estonian district heat company Eraküte. The district heating network accounts for approximately 20% of the whole Tartu network and is the fastest … Read the full press release

Vattenfall awarded multi million pound civil engineering contract to RJ McLeod for Clashindarroch Wind Farm

Wind farm investment leads to Scottish jobs boost 3-7-2013 — /europawire.eu/ — Vattenfall, one of Europe’s leading energy companies, boosted the North of Scotland economy today after awarding a multi million pound contract to a Dingwall construction firm. With construction starting … Read the full press release

SAP sponsored Oxford Economics’ global study finds SMEs are going global

Oxford Economics’ Global Study Sponsored by SAP Reveals Small and Midsize Firms That Do Business in Six or More Countries Will More Than Double in Three Years WALLDORF, Germany, 3-7-2013 — /europawire.eu/ — SAP AG (NYSE: SAP) and Oxford Economics today announced survey findings by … Read the full press release

The national carrier of Libya takes delivery of its first A330-200 becoming the newest operator of the world’s most efficient mid-size aircraft

Blagnac, 3-7-2013 — /europawire.eu/ — Libyan Airlines, the national carrier of Libya, has taken delivery of its first A330-200 becoming a new operator for the type. The carrier already operates seven A320 aircraft, with three A330-200 and four A350-800 aircraft on order. … Read the full press release

Mercedes-Benz presented exclusive fragrances for its new S-Class created jointly with perfumer Marc vom Ende

There is something very special in the air at the Mercedes-Benz Fashion Week Berlin Spring/Summer 2014: Mercedes-Benz is presenting in the event marquee in front of the Brandenburg Gate the four upscale fragrances for the new S-Class, which were created … Read the full press release

Dr. Wolfgang Bernhard assessed results of his first 90 days as Daimler Board of Management member responsible for commercial vehicles

Daimler Trucks excellently positioned for global leadership thanks to current product range and future potential Says Bernhard: “The increase in market share and incoming orders shows that we have the right products in the right markets. That’s why we are … Read the full press release

Alstom-built 217 MW extension to Europe’s largest wind farm Scottish Power Renewables’ Whitelee officially opened

3-7-2013 — /europawire.eu/ — The 217 MW extension to Scottish Power Renewables’ Whitelee wind farm, which was built by Alstom, has been officially opened. The extension to the wind farm, located just outside Glasgow, has taken the capacity from 322 MW to … Read the full press release

ThyssenKrupp Elevator acquired all assets of Cleveland, Ohio-based Edmonds Elevator, Inc.

2-7-2013 — /europawire.eu/ — ThyssenKrupp Elevator has acquired all assets of Cleveland, Ohio-based Edmonds Elevator, Inc. The US company, founded in 1875, provides elevator maintenance, repair and modernization services. “The acquisition continues our international growth strategy and strengthens our service business … Read the full press release

Lemminkäinen’s Swedish construction company Rekab to build SPA in Umeå, Sweeden

2-7-2013 — /europawire.eu/ — Swedish construction company Rekab, which is part of the Lemminkäinen Group, has signed an agreement with the city of Umeå on the construction of a new spa in the city centre. Work will begin immediately and is … Read the full press release

IBERDROLA’s Flexible Dividend plan offers shareholders €0.130 cash payment per share or free stock

Through its ‘Iberdrola Flexible Dividend´plan against the Group´s 2012 financial results A total of 30 subscription rights are required to obtain one new IBERDROLA share, with no cost or commissions The Company maintains its annual shareholder remuneration policy around €0.30 … Read the full press release

Report by Marks & Spencer, Accenture and the charity Business in the Community finds UK business could benefit from £100bn sustainable innovation opportunity

2-7-2013 — /europawire.eu/ — UK business could secure £100bn in annual productivity gains generated by innovations designed to address environmental and social challenges, according to a new report by Accenture (NYSE: ACN), the charity Business in the Community and Marks & Spencer. The report, Fortune Favours The … Read the full press release

Jaguar Land Rover Strengthens its leadership team creating two new roles on its Executive Committee

2-7-2013 — /europawire.eu/ — Jaguar Land Rover is strengthening its leadership team creating two new roles on its Executive Committee to support an increased focus on research and development initiatives and the delivery of its ambitious new product plans for the … Read the full press release

IT market research advisory firm IDC named SAP Mobile Market Leader for 12th Consecutive Year

2-7-2013 — /europawire.eu/ — SAP AG (NYSE: SAP) today announced that leading IT market research advisory firm IDC is again recognizing SAP as the market share leader based on 2012 revenue in mobile enterprise management (MEM) enterprise software market. SAP has been recognized as … Read the full press release

Da BEI 70 milioni ad Ascopiave per la rete gas nel Nordest

Pieve di Soligo,  2-7-2013 — /europawire.eu/ — La Banca europea per gli investimenti (BEI) ed Ascopiave hanno perfezionato un finanziamento di 70 milioni di euro finalizzato al sostegno degli investimenti per il miglioramento e l’espansione delle reti di distribuzione del gas … Read the full press release

European Entrepreneurial Regions 2014 Award goes to Flanders (BE), Marche (IT) and Noord-Brabant (NL)

2-7-2013 — /europawire.eu/ — At the 102nd plenary session of Committee of the Regions, Flanders (BE), Marche (IT) and Noord-Brabant (NL) will be awarded the European Entrepreneurial Region (EER) 2014 label by the President of the CoR, Ramón Luis Valcárcel Siso. The jury felt a strong … Read the full press release

EIB, Ascopiave sign for EUR 70 million loan for gas grid in north-east Italy

2-7-2013 — /europawire.eu/ — The European Investment Bank (EIB) and Ascopiave have signed a EUR 70 million loan in support of investments to improve and expand gas distribution networks in the Veneto and Lombardy regions. This is the first operation between the … Read the full press release

BASF, The Linde Group and ThyssenKrupp to develop innovative technology for environmentally sustainable syngas production from carbon dioxide and hydrogen

New process technology for industrial-scale reaction of carbon dioxide with hydrogen reduces CO2 emissions Federal Ministry of Education and Research grants a total of EUR 9.2 million to support intersectoral cooperation between industry and academia for three years  Munich, 2-7-2013 — … Read the full press release

Outokumpu to supply duplex stainless steel rolled billets to Sinopec’s subsidiary China Petrochemical International Co., Ltd

2-7-2013 — /europawire.eu/ — Outokumpu signs a strategic partnership agreement with Sinopec Group on material development and deliveries of stainless steel. As part of the one-year agreement Outokumpu supplies Sinopec’s subsidiary China Petrochemical International Co., Ltd duplex stainless steel rolled billets … Read the full press release

The Kesko Group posted €847.0M sales in May 2013

2-7-2013 — /europawire.eu/ — The Kesko Group’s sales, excluding VAT, in May 2013 totalled €847.0 million, down 1.7%. In Kesko’s food trade, sales in May were €386.6 million, an increase of 3.9% compared to the previous year. In the home and … Read the full press release