Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Address at the New Year’s Reception of the Frankfurt Chamber of Commerce and Industry

Speech by Mario Draghi, President of the ECB, Frankfurt am Main, 22 January 2013 Frankfurt am Main, 23-1-2013 — /europawire.eu/ — Minister-President Bouffier, Lord Mayor Feldmann, President Müller, Ladies and gentlemen, It is a great pleasure for me to be here with you … Read the full press release

Novartis delivers strong innovation in 2012, offsetting patent expirations; next growth phase expected to begin in 2013

Group net sales up 2% in constant currencies[1] (cc) in fourth quarter despite patent expirations; flat (cc) over full year Fourth quarter net sales reached USD 14.8 billion (0%, +2% cc); full year net sales were USD 56.7 billion (-3%, … Read the full press release

Professional skills card will ease mobility in the EU, say internal market MEPs

23-1-2013 — /europawire.eu/ — Professionals will find it easier to work in another EU country thanks to an electronic card detailing their qualifications and experience, said the Internal Market Committee on Wednesday, amending a new draft law on recognition of professional … Read the full press release

Prudential launches life insurance operations in Cambodia

Establishes long-term strategic distribution partnership with ACLEDA Bank Plc – the first of its kind in Cambodia Phnom Penh, Cambodia, 23-1-2013 — /europawire.eu/ — Prudential Corporation Asia, part of UK-based Prudential plc, today announces the commencement of its life insurance operations … Read the full press release

Data Protection reform and cross-border Insolvency law prioritised by EU Ministers

23-1-2013 — /europawire.eu/ — EU Ministers discussed priorities in the Justice area as the Informal Justice and Home Affairs meeting concluded in Dublin today. Data Protection Reform and the new cross-border Insolvency law were the main items considered during another productive … Read the full press release

Banque PSA Finance annonce le renouvellement de ses lignes de financement…

23-1-2013 — /europawire.eu/ — Banque PSA Finance a signé le 11 janvier 2013 un nouveau crédit syndiqué pour un montant de 4,1 milliards d’euros, avec une maturité de cinq ans. Cette facilité a été sursouscrite, notamment grâce à la participation de … Read the full press release

Deutschen Telekom: Keine Zeit für spannende Sachbücher? Blinkist vereinfacht das Lesen per App!

Blinkist bietet speziell für mobiles Lesen aufbereitete Inhalte Erstes Startup von hub:raum jetzt mit iPhone-App live Startangebot umfasst die Kernaussagen von 50 Bestsellern im “blinks”-Format 22-1-2013 — /europawire.eu/ — Blinkist, das erste Startup von hub:raum, dem Inkubator der Deutschen Telekom, ist … Read the full press release

BASF erhöht Angebot für Pronova BioPharma

Angebotspreis auf 13,50 NOK je Aktie erhöht Bedingung ist Mindest-Andienung von 90 % Angebotsfrist endet am 18. Januar 2013, 16:30 Uhr MEZ 22-1-2013 — /europawire.eu/ — BASF [Frankfurt: BAS, LSE: BFA, SWX: AN] bekräftigt ihr Angebot für den Kauf aller emittierten und … Read the full press release

Aviva appoints Sir Adrian Montague as non-executive director

21-1-2013 — /europawire.eu/ — Aviva plc (“Aviva” or “the Company”) announces that Sir Adrian Montague has today been appointed as a non-executive director of the Company. Sir Adrian is currently chairman of 3i Group plc and Anglian Water Group Limited, deputy … Read the full press release

UK: Nearly half of new start-ups looking to expand in 2013

Jubilympics year spurs optimistic outlook for SMEs 21-1-2013 — /europawire.eu/ — Tenacious entrepreneurs are confident about trading conditions as they look to scale up in 2013. Nearly half (48%) of the business owners who set up shop in the last two … Read the full press release

Banif – Banco Internacional do Funchal, S.A. informs about the deliberations approved in the General Meeting held on 16 January 2013

21-1-2013 — /europawire.eu/ — Banif – Banco Internacional do Funchal, S.A (”Banif) informs that, the General Meeting, held on 16 January 2013, at Funchal, approved all the proposals submitted by the Board of Directors, related to the four items of the … Read the full press release

State aid: Commission temporarily approves rescue recapitalisation of Portuguese bank Banif

Brussels, 21-1-2013 — /europawire.eu/ — The European Commission has temporarily approved, under EU state aid rules, a recapitalisation totalling €1.1 billion granted by Portugal to Banco Internacional do Funchal S.A. (Banif) for reasons of financial stability. Portugal committed to provide a far-reaching … Read the full press release

BAE SYSTEMS SUPPORTING TACTICAL VEHICLE FLEET WITH NEW CONTRACT

BAE Systems will provide more than 100 spare parts for several variants in the Family of Medium Tactical Vehicles (FMTV) under an Indefinite Delivery Indefinite Quantity contract. 21-1-2013 — /europawire.eu/ — The initial order is worth $2.6 million, while the total … Read the full press release

Banco de Portugal Economic Bulletin – Winter 2012: Outlook for the Portuguese Economy 2012-2014

21-1-2013 — /europawire.eu/ — Banco de Portugal Economic Bulletin – Winter 2012: Outlook for the Portuguese Economy 2012-2014 The outlook for the Portuguese economy in 2013 and 2014 continues to be marked by the process of adjustment of the structural macroeconomic … Read the full press release

The Single Market Act II should urgently respond to single market failures, says the EESC

21-1-2013 — /europawire.eu/ — On 16 January, the EESC plenary session adopted an opinion on “The Single Market Act II – Together for new growth”. The text calls for a more realistic approach to Single Market policies. The European Commission should focus more … Read the full press release

ArcelorMittal prices Combined Offering of common stock and mandatorily convertible subordinated notes (“MCNs”)

Luxembourg, 21-1-2013 — /europawire.eu/ — ArcelorMittal (the “Company”) announces the pricing of its combined offering of ordinary shares and mandatorily convertible subordinated notes (“MCNs”) announced earlier today (the “Combined Offering”). The total aggregate proceeds from the Combined Offering are approximately USD … Read the full press release

EU Council President calls for EESC’s proposals on the social dimension of the EMU

During the European Economic and Social Committee’s plenary session on 17 January, EU Council president Mr Van Rompuy and EESC members held a debate on the current guidelines of the European Council and future efforts to reinforce the social dimension of the … Read the full press release

Aviva announces pricing of offering of Delta Lloyd ordinary shares at €12.65 per share

NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA Placing of 34,288,795 Delta Lloyd ordinary shares Offering represents Aviva’s entire remaining stake in Delta Lloyd, approximately 19.4% of Delta Lloyd’s issued ordinary share capital Gross cash … Read the full press release

Speech: Justice for Growth makes headway at today’s Justice Council

Viviane Reding – Vice-President of the Commission, European Justice Commissioner Press Conference, Informal Justice Council / Dublin Dublin, 21-1-2013 — /europawire.eu/ — Today, we have had a very important discussion on how justice policies can help to reinforce stability, jobs and growth … Read the full press release

EDPS Inventory 2013: data protection is essential across all EU policy areas

Brussels, 21-1-2013 — /europawire.eu/ — Today, the European Data Protection Supervisor (EDPS) published his 2013 work programme in the area of legislative consultation, including his strategic planning document, the Inventory. With this document, the EDPS identifies issues of strategic importance that will form the cornerstone of … Read the full press release