Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Dassault Systèmes Announces the V6 Release 2013x of its 3DEXPERIENCE Platform

Posted on 30, November 2012 by

New Release Brings Strong Set of Applications and Industry Solution Enhancements VELIZY-VILLACOUBLAY, France, 30-11-2012 — /europawire.eu/ — Dassault Systèmes (Euronext Paris: #13065, DSY.PA), the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, … Read the full press release →

Posted in Business, France, Internet & Online, Technology

Greater economy for businesses with new OTE programs

Posted on 30, November 2012 by

Athens, 30-11-2012 — /europawire.eu/ — OTE offers two new programs to ensure greater economy for businesses in response to their increased needs. Daily tasks in businesses become an inspiration for OTE to further develop its products and services in the context of … Read the full press release →

Posted in Business, Greece, Technology, Telecom

Second Alert Mechanism Report on macroeconomic imbalances in EU Member States

Posted on 30, November 2012 by
Overview of the Macroeconomic Imbalance Procedure

Brussels, 30-11-2012 — /europawire.eu/ — What is the Macroeconomic Imbalance Procedure (MIP)? Over the first decade of Economic and Monetary Union, a number of EU Member States witnessed a build-up of macroeconomic imbalances. These vulnerabilities proved to be highly damaging once the … Read the full press release →

Posted in Belgium, Business, Economy, European Union, Government

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Barco’s 2,800 lumens training and simulation projector now features Sony’s new LCoS technology, quadrupling contrast ratio

Posted on 30, November 2012 by
SIM 7Q QXGA LCoS projector for training and simulation

Xenia, Ohio, USA, 30-11-2012 — /europawire.eu/ — Barco, a world leader in professional visualization, is the premier beneficiary of Sony Corporation’s new LCoS technology which will boost the contrast ratio of Barco’s newest 2,800 lumens SIM 7 series projector from 10,000:1 … Read the full press release →

Posted in Belgium, Business, Electronics & Machinery, Industrial, Technology

Ahlstrom publishes pro forma figures and initiates rightsizing program

Posted on 30, November 2012 by

Ahlstrom Corporation STOCK EXCHANGE RELEASE November 19, 2012 at 9.50 Not to be distributed in or into Australia, Canada, the Hong Kong special administrative region of the People’s Republic of China, Japan, New Zealand, South Africa or the United States. … Read the full press release →

Posted in Business, Financial, Finland, Industrial

Eni completed the placement of 4% of Galp Energia shares and of euro 1,028 million bonds exchangeable into the portuguese company’s ordinary shares

Posted on 30, November 2012 by

Gross proceeds from the Equity Offering amounted to approximately EUR 381 million. Following settlement of the Equity Offering, Eni’s shareholding in Galp will decrease from 28.34 per cent to 24.34 per cent of the outstanding Galp share capital. NOT FOR … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Investment, Italy, Portugal

BIS, ECB and IMF publish third part of “Handbook on Securities Statistics”

Posted on 30, November 2012 by

30-11-2012 — /europawire.eu/ — The Bank for International Settlements (BIS), the European Central Bank (ECB) and the International Monetary Fund (IMF) today jointly released the third and final part of the Handbook on Securities Statistics, which covers equity securities issues and holdings. … Read the full press release →

Posted in Banks, Business, Financial

Rabobank: Virtually no growth in Dutch economy in 2013; global growth only 3.75%.

Posted on 30, November 2012 by

30-11-2012 — /europawire.eu/ — Very low economic growth rates are becoming the rule rather than the exception in the Netherlands, and 2013 will not be different, with just 0.25% growth expected. Therefore, by the end of next year, Dutch Gross Domestic … Read the full press release →

Posted in Banks, Business, Economy, Financial, Netherlands

BFA-Bankia Group will return to profitability in 2013, with net profit of 1,200 million in 2015

Posted on 29, November 2012 by

Plan approval entails immediate injection of the requested capital, making Bankia one of Spain’s most solvent banks The state aid to be received by the BFA-Bankia Group totals 17,959 million, including the 4,500 million injected on 12 September The go-ahead … Read the full press release →

Posted in Banks, Business, Financial, Management, Spain

Transport: New portal on Trans-European Network with dynamic maps

Posted on 29, November 2012 by

Brussels, 29-11-2012 — /europawire.eu/ — The European Commission is launching today a public portal allowing citizens and businesses to access up to date information on the advancement of the Trans-European Transport Network (TEN-T) through satellite-based dynamic maps, facts, figures and various audio-visual … Read the full press release →

Posted in Belgium, Business, Government, Internet & Online, Technology, Transportation & Logistics

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ABN AMRO reports underlying net profit of EUR 1,201 million for the first nine months of 2012

Posted on 29, November 2012 by

29-11-2012 — /europawire.eu/ — ABN AMRO reports underlying net profit of EUR 1,201 million for the first nine months of 2012 and EUR 374 million for Q3 The year-to-date underlying net profit, which excludes separation and integration-related expenses, rose 22% to … Read the full press release →

Posted in Banks, Business, Financial, Netherlands

State aid: recapitalisation of Spanish banks – the Commission’s role under EU State aid control

Posted on 29, November 2012 by

Brussels, 29-11-2012 — /europawire.eu/ — Since the start of the financial crisis in October 2008, EU Member States have taken hundreds of measures in favour of financial institutions in order to preserve financial stability. Most of this support constitutes state aid in … Read the full press release →

Posted in Banks, Belgium, Business, European Union, Financial, Government, Law, Politics, Spain

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Mergers: Commission approves acquisition of stakes in Dutch wholesale clothing company HVEG by ABN AMRO and Rabobank

Posted on 29, November 2012 by

Brussels, 29-11-2012 — /europawire.eu/ — Mergers: Commission approves acquisition of stakes in Dutch wholesale clothing company HVEG by ABN AMRO and Rabobank The European Commission has cleared under the EU Merger Regulation the proposed acquisition by the Dutch banks ABN AMRO and … Read the full press release →

Posted in Apparel, Fashion & Beauty, Banks, Business, European Union, Financial, Government, Investment, Law, Netherlands, Retail

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Ferrero presents its third report on corporate social responsibility in Germany

Posted on 29, November 2012 by
Ferrero presents its third report on corporate social responsibility in Germany

29-11-2012 — /europawire.eu/ — On Wednesday 28th November the German version of the third Corporate Social Responsibility report of the Ferrero Group has been presented in Germany, at the Hotel Bayerischer Hof. The report describes the CSR activities of the Group from … Read the full press release →

Posted in Business, Food & Beverage, Germany, Italy, Society

Challenges facing financial integration and financial stability

Posted on 29, November 2012 by

Speech by Benoît Cœuré, Member of the Executive Board of the ECB, 3rd Pan-Asian Regulatory Summit organised by Thomson Reuters, Hong Kong Hong Kong, 29-11-2012 — /europawire.eu/ — Ladies and Gentlemen, It is a great pleasure to be here in Hong Kong and I … Read the full press release →

Posted in Banks, Business, Economy, European Union, Financial, Government

Deal on stricter EU rules for sovereign debt ratings

Posted on 29, November 2012 by

29-11-2012 — /europawire.eu/ — Credit rating agencies will have to obey additional rules on sovereign debt ratings, including three set dates per year for issuing them, under a deal agreed by Parliament, the Council and the Commission on Tuesday. Cross-ownership of … Read the full press release →

Posted in Banks, Business, Economy, European Union, Financial, Government, Investment, Law, Politics

Ericsson appoints Senior Vice President Asia-Pacific

Posted on 29, November 2012 by

29-11-2012 — /europawire.eu/ — Ericsson (NASDAQ:ERIC) today announced that effective January 1, 2013, Mats H Olsson is appointed Senior Vice President Asia-Pacific (APAC). In this role he will continue to report to President & CEO Hans Vestberg and be a member … Read the full press release →

Posted in Business, Management, Sweden, Technology, Telecom

Lower Inn Valley railway line completed – Record EIB loan for high-speed line

Posted on 29, November 2012 by
ÖBB Weststrecke Pat Cox, EU-Coordinator Priority Project No. 1, Doris Bures, Austrian Federal Minister for Transport, Innovation, and Technology, Tyrol’s governor Günther Platter, Radfeld’s Mayor Josef Auer, CEO ÖBB-Holding AG Christian Kern, and CEO of ÖBB-Infrastruktur AG, Andreas Matthä 26/11/2012

29-11-2012 — /europawire.eu/ — Austrian Railways (ÖBB) officially completed its high-speed rail line project in the Lower Inn Valley in the Tyrol. The European Investment Bank (EIB) provided a total of EUR 1 billion for this ambitious project in its biggest ever … Read the full press release →

Posted in Austria, Banks, Business, Construction, European Union, Financial, Investment, Transportation & Logistics

Dassault Falcon Establishes Chinese Subsidiary

Posted on 29, November 2012 by
Jean-Michel Jacob, named General Manager of Dassault Falcon Subsidiary in China

Beijing, China, 29-11-2012 — /europawire.eu/ — Dassault Falcon has established a ‘wholly owned foreign entity’ to represent the Falcon brand in the growing Chinese market. The subsidiary, known as ‘Dassault Falcon Business Services (Beijing) Co. Ltd’, is based in Beijing, China. … Read the full press release →

Posted in Aviation & Aerospace, Business, Defence, France

Italy: EUR 160 million for Enel Green Power for new facilities

Posted on 29, November 2012 by
ENEL GREENPOWER ENERGIE RINNOVABILI II Financing of a 3-year investment programme for the period 2011-2013, focusing on the installation of new renewable energy capacities (approx 825 MW) in Italy, mainly small/medium scale wind farms and photovoltaic plants. 27/11/2012

29-11-2012 — /europawire.eu/ —  The European Investment Bank (EIB) and Enel Green Power (EGP) signed a EUR 160 million loan for financing the four-year plan of the Enel Group company concerned with renewable and alternative energy sources. This is the second … Read the full press release →

Posted in Banks, Business, Energy, Gas & Oil, Environment, European Union, Financial, Government, Investment, Italy, Technology