Category Archives: Business

Business Press Releases & News distributed via EuropaWire

EIB supports Tallinn´s urban infrastructure development

The European Investment Bank (EIB) is providing a long-term loan of EUR 66.8 million to finance small to medium-sized priority projects upgrading municipal infrastructure in Tallinn. 29-11-2012 — /europawire.eu/ — EIB Vice-President Pim van Ballekom, responsible for lending in Estonia, stated: “EIB … Read the full press release

Eni launches an accelerated bookbuilding offer of Galp Energia’s shares combined with an offer of bonds exchangeable into ordinary shares of the portuguese company

Eni S.p.A. (“Eni”) announces an offering (the “Equity Offering”) of 49,755,038 Galp Energia SGPS S.A. (“Galp”) shares (the “Shares”) San Donato Milanese (Milan), 29-11-2012 — /europawire.eu/ — Eni S.p.A. (“Eni‘) announces an offering (the “Equity Offering‘) of 49,755,038 Galp Energia SGPS … Read the full press release

EIB and Sberbank to enhance cooperation in their common regions of operation

29-11-2012 — /europawire.eu/ — Werner Hoyer, President of the European Investment Bank (EIB), and Herman Gref, Chief Executive Officer and Chairman of the Management Board of Sberbank, signed a Joint Statement of Cooperation. The two financing institutions agreed to work together … Read the full press release

Mergers: Commission clears acquisition of Swedish paper producer Billerud by Swedish investment company Kinnevik, subject to conditions

Brussels, 29-11-2012 — /europawire.eu/ — Mergers: Commission clears acquisition of Swedish paper producer Billerud by Swedish investment company Kinnevik, subject to conditions The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Swedish pulp- and paper-based packaging products manufacturer … Read the full press release

Eni: agreements signed with Amorim Energia for the sale of the stake in Galp Energia amended

Eni S.p.A and Amorim Energia B.V. have made certain amendments to the terms and conditions of one of the agreements entered into on 29 March 2012 San Donato Milanese (MI), 29-11-2012 — /europawire.eu/ — Eni S.p.A. (“Eni‘) and Amorim Energia B.V. … Read the full press release

Serbia: EUR 100 million for SMEs

29-11-2012 — /europawire.eu/ — The European Investment Bank (EIB) has signed two loans totalling EUR 100 million in Serbia with two local financial institutions in support of the projects of small and medium-sized enterprises (SMEs) as well as infrastructure schemes promoted … Read the full press release

Produktionsmeilenstein im Daimler Trucks Werk in Saltillo, Mexiko: 100.000 Freightliner gefertigt

In dem Lkw-Werk in Saltillo, Mexiko rollt der 100.000ste schwere Fernverkehrs-Lkw des Typs Freightliner Cascadia vom Band. Daimler Trucks North America übergibt den Jubiläums-Lkw an den langjährigen Kunden „Grupo Mon-Ro“, einem mexikanischen Speditionsbetrieb. Fotonummer: 12C1265_1 Dateigröße: 4,224 MB Dateigröße, niedrig: 0,028 MB Datum: 28.11.2012

Daimler Trucks North America (DTNA) feiert den 100.000sten Freightliner des Lkw-Produktionswerks in Saltillo, Mexiko Damit erreicht Daimler einen erfolgreichen Meilenstein im internationalen Produktionsverbund Vielversprechende Zukunft für den mexikanischen Standort mit einer jährlichen Produktionskapazität von 30.000 Lkw Stuttgart / Saltillo, Mexiko, … Read the full press release

Tourism and SMEs: the keys to sustainable development in the Mediterranean

29-11-2012 — /europawire.eu/ — The European Investment Bank (EIB) and the Association of the Mediterranean Chambers of Commerce and Industry (ASCAME), aware of the major role played by small and medium-sized enterprises (SMEs) and the development of sustainable tourism for the … Read the full press release

The CGAMEC joint venture of Eurocopter, COHC and Samwell Aviation expands its helicopter maintenance capabilities in China

The CGAMEC joint venture of Eurocopter, COHC and Samwell Aviation expands its helicopter maintenance capabilities in China (Ref. DSC_0124, © Copyright Eurocopter China).

China’s CGAMEC (COHC General Aviation Maintenance & Engineering Company) joint venture has broadened its helicopter support and services with rotor blade repair approval by Eurocopter, further developing this company’s capabilities as the rotorcraft sector continues to develop and mature in … Read the full press release

EPA’s Temporary Suspension Does Not Affect BP’s Existing Contracts with US Government

Company working with EPA to demonstrate “present responsibility” and have temporary suspension lifted< 28-11-2012 — /europawire.eu/ — Today’s announcement by the US Environmental Protection Agency (EPA) regarding BP’s temporary suspension relates only to future potential contracts with the US government. The … Read the full press release

International Trade Committee backs EU trade deal with Colombia and Peru

28-11-2012 — /europawire.eu/ — Parliament should give its consent to a proposed EU trade deal with Columbia and Peru, said the International Trade Committee on Tuesday. MEPs welcomed the countries’ commitments to specific labour and environmental targets, set out in binding … Read the full press release

European Commission takes action to protect businesses against marketing scams

Brussels, 28-11-2012 — /europawire.eu/ — Today, the European Commission outlined a series of actions to tackle marketing scams, such as those of misleading directory companies. The aim is to better protect businesses, professionals and NGOs across Europe from dishonest traders who … Read the full press release

Budapest erhält bisher größte Flotte neuer Mercedes-Benz Citaro Stadtbusse

Budapest erhält bisher größte Flotte neuer Mercedes-Benz Citaro Stadtbusse: In der ungarischen Hauptstadt Budapest sorgen ab dem 1. Mai 2013 insgesamt 159 Mercedes-Benz Citaro Stadtbusse der neuen Generation für komfortablen und umweltschonenden Personennahverkehr. Mercedes-Benz Citaro, 2 Türen, Exterieur Fotonummer: 11C489_004 Dateigröße: 2,334 MB Dateigröße, niedrig: 0,014 MB Datum: 20.05.2011

Bestellung umfasst insgesamt 159 Mercedes-Benz Citaro der neuen Generation Auslieferung beginnt bereits im April 2013 Till Oberwörder: „Eine Bestellung in dieser Größenordnung ist ein starker Beweis für das Vertrauen unserer Kunden in die hohe Qualität, Umweltverträglichkeit und Zuverlässigkeit unserer Busse.“ … Read the full press release

BP to Sell Package of Central North Sea Assets to Taqa for $1.1 Billion

28-11-2012 — /europawire.eu/ — BP announced today that it has agreed to sell its interests in a number of central North Sea oil and gas fields to TAQA for $1.058 billion plus future payments which, dependent on oil price and production, … Read the full press release

Cassidian to expand the metro coverage of Beijing Government Shared Radio Network

Cassidian will provide 24 TB3 base stations and four transmitter-receiver units TTRX to expand the coverage of the new metro Lines After extension, all operated 17 metro lines in Beijing will be equipped with Cassidian TETRA system. Extension is part … Read the full press release

Chinese customer orders Airbus ACJ319

Reinforces Airbus corporate jet presence in China Blagnac,  27-11-2012 — /europawire.eu/ — An Airbus ACJ319 with the fuel-saving Sharklet option has been ordered by a Chinese customer, in the first deal for this version from the country. The order builds on … Read the full press release

Commerzbank to invest more than EUR 2.0 billion in its core business until 2016

Return on equity after taxes (RoE) in the Core Bank to be more than 10 % by 2016 Cost-income ratio (CIR) in the Core Bank to decrease to around 60 % Core Tier 1 ratio to be always substantially higher … Read the full press release

Completing and Repairing EMU

Speech by Vítor Constâncio, Vice-President of the ECB, at the Hyman P. Minsky Conference on Financial Instability organised by the Levy Economics Institute and ECLA of Bard with support from the Ford Foundation, The German Marshall Fund of the United States, … Read the full press release

BP Sells its Bottle and Wholesale LPG and Petgaz Autogas Businesses in Turkey to Oteko Group

27-11-2012 — /europawire.eu/ —  BP Gas Turkey announced today that Russian based Oteko Group has agreed to buy its bottle, wholesale LPG, and Petgaz-branded autogas businesses.BP is retaining its BP-branded autogas business and plans to integrate it into BP Turkey’s … Read the full press release

Mergers: Commission approves acquisition of Irish electrical company Cooper Industries by rival Eaton

Brussels, 27-11-2012 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Cooper Industries of Ireland by Eaton Corporation of the US. The transaction combines the electrical equipment and component businesses of Cooper and Eaton. … Read the full press release