Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Sweden: Water technologies: EIB supports R&D activities of Xylem with EUR 120m loan

24-1-2013 — /europawire.eu/ — The European Investment Bank (EIB) has granted a loan of EUR 120m to Xylem for research, development and innovation activities in the water industry. The R&D project supported will be carried out at the company’s R&D centres … Read the full press release

BAE Systems: Three-year JetSpares contract from Braathens Technical

24-1-2013 — /europawire.eu/ — We have won a three-year extension to our long-standing JetSpares contract with Braathens Technical AB of Sweden in support of 12 Avro RJ regional jetliners operated by Braathens subsidiary, Malmö Aviation. The contract has an option to … Read the full press release

Pertti Ukkonen appointed as the Bank of Finland’s Head of Internal Audit

24-1-2013 — /europawire.eu/ — Pertti Ukkonen, MSc (Econ.) 52, has been appointed Head of Internal Audit at the Bank of Finland. The appointment is for a five-year term. The Head of Internal Audit manages the Internal Audit unit, which is … Read the full press release

Clearer rules on customs handling of pirated or counterfeit goods

A deal with the Council to give customs officials at EU borders better tools to confiscate, store and destroy goods that infringe intellectual property rights was endorsed by Internal Market Committee MEPs on Thursday. 24-1-2013 — /europawire.eu/ — Imports that infringe Intellectual Property … Read the full press release

BMW Group and Toyota Motor Corporation Deepen Collaboration by Signing Binding Agreements

Fuel Cell System, Sports Vehicle, Lightweight Technology and Lithium-air Battery Collaboration to Commence Munich, 24-1-2013 — /europawire.eu/ — BMW Group and Toyota Motor Corporation (TMC) are pursuing their successful strategic long-term cooperation in the field of sustainable mobility today by signing … Read the full press release

Aviva plc – Sale of stake in Malaysian joint venture

23-1-2013 — /europawire.eu/ — Aviva plc (“Aviva”) announces that it has reached agreement to sell its 49% interest in CIMB Aviva Assurance Berhad and CIMB Aviva Takaful Berhad (together “CIMB-Aviva”) to Sun Life Assurance Company of Canada (“SLA”), a subsidiary of … Read the full press release

Speech – The role of pension funds in active ageing and solidarity between generations

László ANDOR – European Commissioner responsible for Employment, Social Affairs and Inclusion Conference on “The Role of Pension Funds in Active Ageing and Solidarity between Generations” / Brussels Brussels, 23-1-2013 — /europawire.eu/ — Ladies and gentlemen, I am grateful for the chance … Read the full press release

EXOR: Nominato il rappresentante comune degli azionisti titolari di azioni privilegiate

Torino, 23-1-2013 — /europawire.eu/ — Nominato il rappresentante comune degli azionisti titolari di azioni privilegiate L’Assemblea degli Azionisti titolari di azioni privilegiate EXOR, riunitasi oggi a Torino, ha nominato Oreste Cagnasso rappresentante comune degli azionisti titolari di azioni privilegiate per i prossimi … Read the full press release

Italy’s economic policy under the spotlight

23-1-2013 — /europawire.eu/ — Italy is changing radically, and offers a good example for others to emulate, its finance minister Vittorio Grilli told the EP Economic and Monetary Affairs Committee on Monday. He pledged to deliver a balanced budget by the … Read the full press release

Eurogroup statement on Greece

23-1-2013 — /europawire.eu/ — The Eurogroup notes with satisfaction that the MoU milestones for January, agreed between Greece and the Troika, have been achieved. In particular, an income tax reform has been adopted and end user electricity prices for low-voltage customers … Read the full press release

PETRONAS und BASF heben Vereinbarung für gemeinsames Projekt in Pengerang/Malaysia auf

23-1-2013 — /europawire.eu/ — PETRONAS und BASF haben heute (21. Januar 2013) in gegenseitigem Einvernehmen ihre Vereinbarung für ein Gemeinschaftsunternehmen innerhalb des PETRONAS-Projekts Refinery & Petrochemical Integrated Development (RAPID) in Pengerang/Johor aufgelöst. Die Vereinbarung, die am 5. März 2012 unterzeichnet wurde, … Read the full press release

Aviva and Tesco Bank agree three-year deal on private motor insurance

23-1-2013 — /europawire.eu/ — Aviva,  the UK’s largest insurer, has agreed a three-year deal with Tesco Bank, the insurance distribution arm of the global supermarket chain, Tesco, to provide private motor insurance to Tesco customers. The deal will see Aviva … Read the full press release

Financial transaction tax: Council agrees to enhanced cooperation

Brussels, 23-1-2013 — /europawire.eu/ — The Council today¹ adopted a decision authorising 11 member states to proceed with the introduction of a financial transaction tax (FTT) through “enhanced cooperation” (16977/12). The 11 countries are Belgium, Germany, Estonia, Greece, Spain, France, Italy, Austria, Portugal, … Read the full press release

EXOR S.p.A. Calendario eventi societari 2013

Torino, 23-1-2013 — /europawire.eu/ — Si comunica il calendario degli eventi societari previsti per il 2013: 16 aprile 2013: Consiglio di Amministrazione di EXOR S.p.A. per l’approvazione del bilancio consolidato e del progetto di bilancio separato al 31 dicembre 2012 10 maggio … Read the full press release

DHL wins long-term contract with Panasonic worth over £100m

UK warehousing and logistics operation to be transformed to support Panasonic’s business priorities Substantial investment to create a state-of-the-art technology campus Bonn/London, 23-1-2013 — /europawire.eu/ —  DHL Supply Chain has been awarded a long-term contract worth over £100m (EUR120m) with Panasonic, … Read the full press release

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