Category Archives: Business

Business Press Releases & News distributed via EuropaWire

The euro as a trusted means of payment

Posted on 20, November 2012 by

Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at the joint ECB-MNB conference on “Cost and efficiency of retail payments: Evidence, policy actions and role of central banks”, Budapest, 20-11-2012 — /europawire.eu/ — Ladies and gentlemen [1], It is a great … Read the full press release →

Posted in Banks, Business, European Union, Financial, Government, Hungary, Retail

RESOLUTION of the European Economic and Social Committee on “MORE EUROPE”

Posted on 20, November 2012 by

20-11-2012 — /europawire.eu/ — At its plenary session of 14 and 15 November 2012 (meeting of 15 November), the European Economic and Social Committee (EESC) adopted this resolution, stating that, in light of the ongoing crises, the EU must restore trust in … Read the full press release →

Posted in Business, Economy, European Union, Government, Politics, Society

It’s time to complete the internal energy market

Posted on 20, November 2012 by

Brussels, 20-11-2012 — /europawire.eu/ — An efficient, interconnected and transparent European internal energy market will offer citizens and businesses secure and sustainable energy supplies at lowest possible cost. With today’s Communication on how to make the internal energy market work the Commission calls … Read the full press release →

Posted in Business, Energy, Gas & Oil, European Union, Government, Politics

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BMW Group increases sales by 13.2% in October

Posted on 20, November 2012 by
BMW M135i (3 Door Hatch) - (05/2012)

Best October ever with 157,618 BMW Group vehicles delivered BMW brand sales volume up 15.4% Robertson: We aim to continue the momentum Munich, 20-11-2012 — /europawire.eu/ — The BMW Group’s sales growth was once again in the double-digit range in October. A total … Read the full press release →

Posted in Automotive, Business, Germany

The monetary policy of the European Central Bank and its transmission in the euro area

Posted on 20, November 2012 by

Speech by Mario Draghi, President of the ECB,  Università Bocconi, Opening of the academic year 2012-2013 Milan, 20-11-2012 — /europawire.eu/ — Financial markets and the disruption caused to the transmission of monetary policy The year that is about to end will be remembered … Read the full press release →

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

Cassidian to build TETRA network for tram line in Shenyang, China

Posted on 20, November 2012 by

Cassidian to provide TETRA radio communication network for a new tram line in the Chinese provincial capital Cassidian’s first contract for the tram market in China and the first tram line in China to use the TETRA communication system Cassidian, … Read the full press release →

Posted in Business, France, Security & Safety, Technology, Telecom, Transportation & Logistics

BP Confirms Winning Bids for Nova Scotia Deepwater Exploration Blocks

Posted on 20, November 2012 by
Map of Nova Scotia blocks

Calgary, 20-11-2012 — /europawire.eu/ — BP was today notified that it was the successful bidder for four deepwater exploration blocks offshore Nova Scotia, Canada.The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) announced that BP was the successful bidder for blocks five, six, seven and … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, United Kingdom

EADS: Brazil will require nearly 1,100 new aircraft in next 20 years

Posted on 20, November 2012 by

World’s fourth largest passenger traffic market expects demand worth $160 billion Blagnac, 20-11-2012 — /europawire.eu/ — According to the latest Airbus Global Market Forecast (GMF), Brazil will need 1,060 new aircraft between 2012 and 2031. The 700 single-aisle, 310 twin-aisle and 50 very … Read the full press release →

Posted in Aviation & Aerospace, Business, France, Transportation & Logistics, Travel

Daimler Trucks und Kamaz vertiefen ihre Zusammenarbeit: Liefervertrag für Nutzfahrzeug-Komponenten unterzeichnet

Posted on 20, November 2012 by
Daimler Trucks und der russische Lkw-Hersteller Kamaz haben ein Lieferabkommen über Motoren und Achsen für Lkw und Busse des russischen Unternehmens unterzeichnet. Ab sofort wird Kamaz den Diesel-Motor OM 457 für Lkw und den Gas-Motor M 906 für Busse beziehen. Weiterer Bestandteil des Vertrages sind Vorder- und Hinterachsen ebenfalls für Lkw und Busse des russischen Herstellers. Fotonummer: 12C1218 Dateigröße: 2,606 MB Dateigröße, niedrig: 0,017 MB Datum: 16.11.2012

Jährliches Volumen beträgt zunächst über 7.000 Motoren und 15.000 Achsen für Lkw und Busse Nutzfahrzeug-Komponenten werden ab sofort nach Russland geliefert Stuttgart / Chelny, 20-11-2012 — /europawire.eu/ — Daimlers Nutzfahrzeugsparte und der russische Lkw-Hersteller Kamaz haben im Rahmen ihrer strategischen Partner-schaft ein … Read the full press release →

Posted in Automotive, Business, Germany, Russia, Technology, Transportation & Logistics

Managing restructuring through a European framework

Posted on 19, November 2012 by

László ANDOR — European Commissioner responsible for Employment, Social Affairs and Inclusion Brussels, 19-11-2012 — /europawire.eu/ — Economic and social context Allow me to begin with a few numbers to illustrate the importance of the subject. Since 2002 we registered more than 15,000 restructuring … Read the full press release →

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

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Flash estimate for the third quarter of 2012 GDP down by 0.1% in the euro area and up by 0.1% in the EU27 -0.6% and -0.4% respectively compared with the third quarter of 2011

Posted on 19, November 2012 by

19-11-2012 — /europawire.eu/ — GDP fell by 0.1% in the euro area1 (EA17) and increased by 0.1% in the EU271 during the third quarter of 2012, compared with the previous quarter, according to flash estimates published by Eurostat, the statistical office of the European Union. In the … Read the full press release →

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

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voestalpine Groundbreaking Ceremony in the USA

Posted on 19, November 2012 by
voestalpine Groundbreaking Ceremony in the USA

19-11-2012 — /europawire.eu/ — On November 14, the voestalpine Group held a groundbreaking ceremony for the Metal Forming Division’s new US plant in Cartersville, Georgia. The most recent US investment into the future production of automotive components is worth around EUR 50 … Read the full press release →

Posted in Austria, Business, Industrial, Metals and Minerals, Technology

Egypt: EIB lends EUR 200m for the Cairo metro line and EUR 45m for community development

Posted on 19, November 2012 by
Egypt: EIB lends EUR 200m for the Cairo metro line and EUR 45m for community development Mr Werner Hoyer, President of the EIB and the High Representative of the European Union for Foreign Affairs and Security Policy, Baroness Catherine Ashton Cairo 11/14/2012

19-11-2012 — /europawire.eu/ — The European Investment Bank (EIB) has signed a first EUR 200m tranche of the EUR 600m loan approved by the Bank for the extension of the Cairo Metro and a EUR 45m loan for a Community Development Programme. … Read the full press release →

Posted in Business, European Union, Financial, Germany, Government, Investment

State aid and public procurement: For or against European firms?

Posted on 19, November 2012 by

Against the background of the current economic crisis, the European Union should make the best use of taxpayers’ money. At its November plenary session, the EESC called for better access to public procurement and more flexible state aid rules. 19-11-2012 … Read the full press release →

Posted in Business, European Union, Financial, Government, Investment, Law

German Federal Waterways Engineering and Research Institute (BAW) optimizes navigable waterways using a Bull supercomputer

Posted on 19, November 2012 by

Performance and operating reliability are central to the mission of the Bundesanstalt für Wasserbau (BAW), responsible for one of the most complex tasks in the German High-Performance Computing (HPC) sphere. Salt Lake City, 19-11-2012 — /europawire.eu/ — The German Federal Waterways Engineering and … Read the full press release →

Posted in Business, Education, France, Germany, Industrial, Science, Technology

Road transport: Europe’s challenge to be clean, competitive and sustainable

Posted on 19, November 2012 by

Siim Kallas — Vice-President and Commissioner for transport Scania Transport Conference 2012 Brussels, 19-11-2012 — /europawire.eu/ — Ladies and gentlemen Thank you for inviting me here today to address some of the challenges and constraints facing European road transport and how we can move … Read the full press release →

Posted in Belgium, Business, Environment, European Union, Government, Transportation & Logistics

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Emissions trading: Commission presents options to reform the European carbon market

Posted on 19, November 2012 by

Brussels, 19-11-2012 — /europawire.eu/ — The European Commission is taking two important steps to address the growing supply-demand imbalance of emission allowances in the EU emissions trading system (EU ETS). As an immediate first step to address the rapid build-up of the surplus … Read the full press release →

Posted in Belgium, Business, Environment, European Union, Government, Law

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Active ageing: Commission gives prizes for outstanding contributions to European Year 2012

Posted on 19, November 2012 by

Brussels, 19-11-2012 — /europawire.eu/ — Winners of a competition to promote active ageing have been announced by László Andor, European Commissioner for Employment, Social Affairs and Inclusion. There were six categories of winners in the competition, selected from over 1300 submissions, which was … Read the full press release →

Posted in Awards, Business, European Union, Government, Small Business, Society

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BP Announces Resolution of All Criminal and Securities Claims by U.S. Government Against Company Relating to Deepwater Horizon Accident

Posted on 16, November 2012 by

Resolution of all criminal claims with Department of Justice includes $4 billion paid in installments over a period of five years Resolution of all securities claims with Securities and Exchange Commission includes $525 million paid in installments over a period … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Law, United Kingdom

€ 27,15 million EU support for the promotion of agricultural products in the European Union and in third countries

Posted on 16, November 2012 by
€ 27,15 million EU support for the promotion of agricultural products in the European Union and in third countries

Brussels, 16-11-2012 — /europawire.eu/ — The European Commission has approved a latest tranche of 14 programmes to promote agricultural products in the European Union and in third countries. The total budget of the programmes, running for a period of three years, is € … Read the full press release →

Posted in Agriculture, Belgium, Business, European Union, Financial, Investment

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