Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Watson to Present at the 2012 Annual Credit Suisse Healthcare Conference

Paul Bisaro, Watson + Actavis President and Chief Executive Officer

9-11-2012 — /europawire.eu/ — Watson Pharmaceuticals announced today that Paul Bisaro, Watson’s President and Chief Executive Officer, will provide an overview and update of the Company’s business at the 2012 Annual Credit Suisse Health Care Conference on Wednesday, November 14, 2012 … Read the full press release

Action plan for the EU automotive industry in 2020

Brussels, 9-11-2012 — /europawire.eu/ — The action plan presented by the European Commission today (see IP/12/1187) aims to help strengthening the EU’s automotive industry between now and 2020. It builds on the vision for industry competitiveness and sustainability in 2020 and recommendations how … Read the full press release

SPDC completes 8th Nigerian Oil Mining Lease sale

The Shell Petroleum Development Company of Nigeria Limited (SPDC), a subsidiary of Royal Dutch Shell plc (Shell), has completed the assignment of its 30% interest in Oil Mining Lease 30 (OML30) in the Niger Delta to Shoreline Natural Resources Limited … Read the full press release

OAO LUKOIL EXTRAORDINARY GENERAL SHAREHOLDERS MEETING TO CONSIDER INTERIM DIVIDEND PAYMENT

9-11-2012 — /europawire.eu/ — The OAO LUKOIL Board of Directors approved the agenda for the Extraordinary General Shareholders Meeting to take place in the form of an absentee voting meeting on 18 December 2012. Specifically, the shareholders will consider the issue On the payment … Read the full press release

Europe’s growth challenge and innovative infrastructure financing

Olli Rehn – Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro EU-EIB Cooperation Agreement for the pilot phase of the Project Bond Initiative /European Policy Centre Brussels, 9-11-2012 — /europawire.eu/ — President … Read the full press release

PMA parts and DER-repairs: bringing alternatives to the aircraft aftermarket

Table 1. PMA market shares by regions, 1997 - 2009

9-11-2012 — /europawire.eu/ — Original Equipment Manufacturers (OEMs) keep raising the prices for their products on an annual average of 3-5%, jet fuel prices continue to fluctuate and the global passenger traffic growth has yet to recover from the recent crisis. … Read the full press release

Sigma Launches E-Commerce with Intershop as a SaaS Solution

Jena, Germany and Stockholm, Sweden, 9-11-2012 — /europawire.eu/ — As a planned next step in the recently announced partnership, Sigma is now launching e-commerce Intershop as a Service, a Software as a Service (SaaS) solution based on Intershop. “An important reason why … Read the full press release

EIB and UBA to support small businesses across Africa

9-11-2012 — /europawire.eu/ — The European Investment Bank (EIB), Europe’s long-term lending institution, and United Bank for Africa (UBA) Plc, a leading Pan-African financial institution with presence in 19 African countries, have agreed to strengthen small and medium businesses in Africa … Read the full press release

Daimler Financial Services bietet ab sofort Finanzierung und Versicherung in Malaysia an

Geschäftstätigkeit erfolgreich angelaufen Investitionen im Umfang von rund 5 Millionen Euro Starker Fokus auf digitale Vertriebskanäle Kuala Lumpur, 9-11-2012 — /europawire.eu/ — Daimler Financial Services hat eine neue Tochtergesellschaft in Malaysia gegründet und das Finanzierungsgeschäft erfolgreich aufgenommen. Kunden der neuen Gesellschaft … Read the full press release

.eu meets start-ups at Internet Week Europe in London

Brussels, 8-11-2012 — /europawire.eu/ — The .eu registry EURid is speaking to new online businesses at a start-up workshop held on 12 November during London’s Internet Week Europe (12-16 November 2012). The European Commission is hosting a day of workshops called … Read the full press release

LUKOIL JOINS UPSTREAM PROJECT OFF SIERRA LEONE SHORE IN THE GULF OF GUINEA

LUKOIL JOINS UPSTREAM PROJECT OFF SIERRA LEONE SHORE IN THE GULF OF GUINEA

8-11-2012 — /europawire.eu/ — LUKOIL has acquired a 25% stake in the geological exploration, development and production project at the SL-4B-10 offshore block in the waters of the Republic of Sierra Leone in the Gulf of Guinea. LUKOIL acquired this stake from Canada’s Talisman Energy, the project operator. The … Read the full press release

EU initiates anti-subsidy investigation on solar panel imports from China

Brussels, 8-11-2012 — /europawire.eu/ — The European Commission today launched an anti-subsidy (“countervailing duty”) investigation into imports of solar panels and their key components (i.e. solar cells and solar wafers) originating in China. EU ProSun, an industry association, claimed in its complaint … Read the full press release

OMV and Vienna Insurance Group launch safety initiative

At the beginning of the winter season the OMV starts together with the Vienna Insurance Group an Austrian wide safety initiative. The two companies therefore jointly offer safety packages from the Austrian Red Cross and traffic accident insurances for car … Read the full press release

EU-EIB Project Bond Initiative launched with start of pilot phase

EU-EIB Project Bond Initiative launched with start of pilot phase Mr Werner Hoyer, President of the EIB and European Commission Vice President Mr Olli Rehn Bruxelles 07/11/2012

Bruxelles, 8-11-2012 — /europawire.eu/ — The Europe 2020 Project Bond Initiative, which aims to improve capital market financing of infrastructure, passed its final approval stage today. Following signature of a Cooperation Agreement between the European Commission and European Investment Bank, clarifying risk … Read the full press release

ASML Issues Shares to TSMC in Connection with Customer Co-Investment Program

VELDHOVEN, the Netherlands, 8-11-2012 — /europawire.eu/ — ASML Holding NV today announces that it has issued the shares planned for TSMC, one of the three participating customers in its Customer Co-Investment Program announced on 9 July 2012, issuing a total of … Read the full press release

Mario Draghi’s address at Wirtschaftstag Volksbanken Raffeisenbanken

Speech by Mario Draghi, President of the ECB, at Wirtschaftstag 2012 “Kapitalismus in der Krise? Die Zukunft der Marktwirtschaft” der Volksbanken Raiffeisenbanken organised by enossenschaftsverband e.V., Frankfurt am Main, 7 November 2012 Frankfurt am Main, 8-11-2012 — /europawire.eu/ — Sehr geehrte Damen … Read the full press release

ArcelorMittal Flat Carbon Europe reports €303 million Q3 operating loss

ArcelorMittal Flat Carbon Europe reports €303 million Q3 operating loss

Luxembourg, 8-11-2012 — /europawire.eu/ — ArcelorMittal today announced results for its Flat Carbon Europe segment for the third quarter of 2012. The segment recorded an operating loss of €303 million which includes restructuring costs but excludes interest and tax costs. The … Read the full press release

AUDI AG: Europa-Absatz steigt im Oktober um 4,2 Prozent

AUDI AG: Europa-Absatz steigt im Oktober um 4,2 Prozent

– Rund 123.600 Auslieferungen weltweit im Oktober, plus 13,9 Prozent – Vertriebschef de Meo: „In China Rekordabsatz aus dem Gesamtjahr 2011    bereits im Oktober übertroffen“ – Neue Generation des Audi Q5 stärkt Europa-Geschäft Ingolstadt, 8-11-2012 — /europawire.eu/ — Die AUDI AG ist mit einem erneut … Read the full press release

Mergers: Commission approves Outokumpu’s acquisition of Inoxum, subject to conditions

Brussels, 8-11-2012 — /europawire.eu/ — Following an in-depth review, the European Commission has cleared under the EU Merger Regulation the proposed acquisition of Inoxum, the stainless steel division of ThyssenKrupp of Germany, by the Finnish stainless steel company Outokumpu. The approval is … Read the full press release

Fiat S.p.A. announces plans to issue notes denominated in Swiss Francs

Turin, 8-11-2012 — /europawire.eu/ — Fiat S.p.A. announces that it intends to proceed, subject to market conditions, with a note issuance denominated in Swiss Francs. The benchmark issuance for the Swiss market is to be issued by Fiat Finance and Trade Ltd., … Read the full press release