Category Archives: Business

Business Press Releases & News distributed via EuropaWire

EIB comits €20 million to the Capital North Africa Venture Fund II

10-6-2013 — /europawire.eu/ — The EIB has committed €20 million to the Capital North Africa Venture Fund II (CNAV II), a Maghreb-focused generalist fund managed by the independent Casablanca-based private equity firm, Capital Invest. CNAV II has reached a first closing … Read the full press release

EC cleared the acquisition of Cocoa Ingredients Division of Petra Foods by Barry Callebaut

Brussels, 7-6-2013 — /europawire.eu/ —  The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the Cocoa Ingredients Division of Petra Foods Limited of Singapore by Barry Callebaut AG of Switzerland. The Commission’s investigation confirmed in particular … Read the full press release

European Court of Auditors: Researchers looking to the EU for funding still face too much red tape

Luxembourg, 7-6-2013 — /europawire.eu/ —  The European Commission has taken a number of steps to bolster its management of the Seventh Framework Programme for Research (FP7), according to a new report from the European Court of Auditors (ECA). However, researchers seeking … Read the full press release

Petrol d.d., Ljubljana now 100-percent owner of Nafta Geoterm d.o.o. from Lendava

Ljubljana, Lendava, 7-6-2013 — /europawire.eu/ — Today, Petrol d.d., Ljubljana became the 100-percent owner of Nafta Geoterm d.o.o. from Lendava. Over the next two years and a half, about EUR 4.5m is projected to be invested in the development of Nafta Geoterm’s … Read the full press release

Virgin Rail Group demands improvements be made by Network Rail

7-6-2013 — /europawire.eu/ — Virgin Rail Group (VRG) today demanded that millions of pounds of customer-focussed improvements be made by Network Rail to compensate customers for poor punctuality in recent months. VRG, the owning group of Virgin Trains, is also preparing … Read the full press release

Rostelecom announced the first part of its LTE network in Sochi completed

Moscow, Russia, 7-6-2013 — /europawire.eu/ —Rostelecom OJSC (the “Group”) (MICEX – RTS: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, today announces that it has launched the first part of its LTE network in Sochi, thereby fulfilling its licensing requirements. Rostelecom … Read the full press release

KGHM Polska Miedź S.A. and Głogów County Region sign Agreement for sustainable development

7-6-2013 — /europawire.eu/ — Achievement of a stable and harmonious development of the region focusing on improving the quality of life of the current population and the next generations are the main goals of the Agreement of Głogów County and KGHM … Read the full press release

The Brazilian Administrative Council for Economic Defence cleared Yara acquisition of Bunge’s fertilizer business in Brazil

Oslo, 7-6-2013 — /europawire.eu/ — The Brazilian Administrative Council for Economic Defence (CADE) has approved Yara’s acquisition of Bunge’s fertilizer business in Brazil, allowing Yara to proceed with completing the USD 750 million transaction and integration process. “This regulatory approval marks … Read the full press release

EESC conference: The credit crunch and shrinking savings: how to break the vicious circle to kick-start recovery?

7-6-2013 — /europawire.eu/ — Low credit offerings lead to low consumption levels, which in turn cause the economy to stagnate. That is the key problem of the current economic crisis. The EU needs to respond and reverse the trend, but one … Read the full press release

Fugro N.V. announced 2012 financial year stock dividend

Leidschendam, The Netherlands, 7-6-2013 — /europawire.eu/ — At the Annual General Meeting of Fugro N.V., which was held on 8 May 2013, the dividend for the financial year 2012 was set at EUR 2.00 per (certificate of a) share. Shareholders and holders … Read the full press release

Lufthansa Cargo taking a big step forward with respect to energy efficiency

40 new Industrial trucks provide a considerable increase in efficiency at the Frankfurt hub 7-6-2013 — /europawire.eu/ —  Lufthansa Cargo handles around 1.4 million tons of freight and mail at Frankfurt Airport every year. With its ground transport equipment, so-called … Read the full press release

Diageo Executive Committee New Appointments

7-6-2013 — /europawire.eu/ — Diageo has today announced that: – Andy Fennell, Chief Marketing Officer, will be appointed President and Chief Operating Officer, Africa, reporting to Nick Blazquez, President Africa, Eastern Europe and Turkey, with effect from 1 July 2013.  Andy … Read the full press release

EIB and Kosovo signed Framework Agreement

Luxembourg / Pristina, 7-6-2013 — /europawire.eu/ —  Today, Mr Anton Rop, Vice-President of the European Investment Bank (EIB), and Kosovo*’s Finance Minister, Mr Besim Beqaj, signed a Framework Agreement governing future EIB activities in Kosovo*, in the presence of the Prime … Read the full press release

Austrian Airlines to request clarification from the European Court of Justice on several legal issues

7-6-2013 — /europawire.eu/ — The Austrian Supreme Court informed Austrian Airlines in a court ruling served to the airline today that it must request clarification from the European Court of Justice on several legal issues. Accordingly, issues relating the after-effect of … Read the full press release

Chancellor of the Exchequer George Osborne announces £290m public and private investment in research projects between universities and industry

7-6-2013 — /europawire.eu/ — Chancellor of the Exchequer George Osborne made the announcement at the ‘topping out’ ceremony for the Francis Crick Institute – a ceremony held by builders when the last beam or brick is placed at the top of a building … Read the full press release

Volvo Trucks first to introduce dimethyl ether-powered heavy-duty commercial vehicles in North America

 7-6-2013 — /europawire.eu/ — Volvo Trucks today became the first manufacturer to announce plans to commercialize dimethyl ether (DME)-powered heavy-duty commercial vehicles in North America. As the latest step in its comprehensive “Blue Power” alternative fuel strategy, Volvo revealed ongoing U.S. … Read the full press release

Lenovo prüft Effizienz seiner Marketingkampagnen und Erfolg seiner Produkte mit SAS Visual Analytics

Lenovo positioniert neues Yoga 11S Ultrabook mit SAS Visual Analytics Zürich, 7-6-2013 — /europawire.eu/ — Lenovo, zweitgrößter PC-Hersteller weltweit, setzt SAS Visual Analytics ein, um die Attraktivität seines neuen Yoga 11S Ultrabook im Markt zu testen und die Wirksamkeit seiner Marketingkampagnen … Read the full press release

SAS Россия/СНГ провела в Москве семинар «SAS для анализа больших данных в государственном секторе»

Москва,   7-6-2013 — /europawire.eu/ — Компания SAS Россия/СНГ, лидер решений и услуг в области бизнес-аналитики, провела 19 мая в Москве семинар «SAS для анализа больших данных в государственном секторе». В мероприятии приняли участие представители крупнейших компаний-интеграторов и вендоров, имеющих … Read the full press release

HM Revenue & Customs found British film producer Richard Driscoll guilty of VAT fraud

6-6-2013 — /europawire.eu/ — The film, Eldorado, which featured a number of well-known British and Hollywood actors, including former Dr Who Sylvester McCoy and Splash actress Daryl Hannah, was the last to be made by David Carradine, of Kung Fu … Read the full press release

Lufthansa Group Balance Sustainability Report: reduced fuel consumption and new efficiency record

Balance Sustainability Report published today • New efficiency record: specific fuel consumption of 4.06 litres • Further progress in active noise prevention • Balance also available for the first time as an attractive “E-paper” 6-6-2013 — /europawire.eu/ — The edition of … Read the full press release