Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Careful pooling of sovereign debt is good for the Euro, say MEPs

16-1-2013 — /europawire.eu/ — A resolution to keep up pressure on the Commission and member states to explore all avenues for pooling sovereign debt was adopted on Wednesday. The text affirms that fears of free-riding can be overcome by carefully-crafted … Read the full press release

GDF SUEZ cède sa participation de 24,5 % dans la société gazière slovaque SPP

16-1-2013 — /europawire.eu/ — GDF SUEZ et E.ON ont signé un accord avec Energetický a Průmyslový Holding (EPH), acteur majeur sur le marché tchèque de l’électricité, pour la vente de leur participation indirecte de 49 % dans le capital de l’opérateur gazier slovaque … Read the full press release

Tougher credit rating rules confirmed by Parliament’s vote

16-1-2013 — /europawire.eu/ — New rules on when and how credit rating agencies may rate state debts and private firms’ financial health were approved by Parliament on Wednesday. They will allow agencies to issue unsolicited sovereign debt ratings only on set … Read the full press release

Accordo tra Generali e PPF Group per la conclusione della partnership in Europa Centro-orientale

Generali acquisirà da PPF Group il 49% di GPH per € 2,5 mld per assumere il pieno controllo della joint venture L’acquisizione avverrà in due tranche: entro il 28 marzo 2013 sarà acquistato il 25% di GPH; a fine 2014 … Read the full press release

Bi-Annual Information on euro banknote counterfeiting in Malta

16-1-2013 — /europawire.eu/ — In the second half of 2012, the number of counterfeit euro banknotes reported to the Central Bank of Malta amounted to 713, or 25% lower than the 951 counterfeits found in the first half of the same … Read the full press release

The Allianz fleet is going electric

Allianz is replacing two more large-engine vehicles for the Board of Management with electric cars / Ten percent of Allianz’s Board of Management fleet is now powered by electricity / Allianz wants to promote greater acceptance of e-mobility and reduce … Read the full press release

Central Bank of Malta: Contribution to euro area monetary aggregates and counterparts

16-1-2013 — /europawire.eu/ — The contribution of resident Monetary Financial Institutions (MFIs) to the euro area broad money stock (M3) expanded by EUR81.7 million, or 0.8%, in September to EUR10.3 billion (see Table 1). Nonetheless, the annual growth rate declined slightly, … Read the full press release

Porsche übertrifft Auslieferungsrekord des Vorjahres

Stuttgart/Detroit, 16-1-2013 — /europawire.eu/ — Die Porsche AG verkaufte im Jahr 2012 so viele Sportwagen wie nie zuvor: 141.075 Auslieferungen bedeuten ein Plus von 18,7 Prozent gegenüber dem Vorjahresrekord von 118.868 Fahrzeugen. „Wir blicken auf das erfolgreichste Jahr unserer Geschichte zurück“, sagte … Read the full press release

Statement by Commissioner Michel Barnier following the vote in the European Parliament on new European rules to regulate credit rating agencies

Brussels, 16-1-2013 — /europawire.eu/ — Statement by Commissioner Michel Barnier following the vote in the European Parliament on new European rules to regulate credit rating agencies I congratulate the European Parliament on today’s agreement on additional rules for credit rating agencies (CRAs) … Read the full press release

Deutsche Bank recognised as world’s No 1 fixed income bank

16-1-2013 — /europawire.eu/ — Deutsche Bank has retained its top position as the global market share leader in fixed income for the third consecutive year, according to the industry benchmark study by Greenwich Associates. The bank captured a 10.7% share of … Read the full press release

New rules on credit rating agencies (CRAs) – frequently asked questions

16-1-2013 — /europawire.eu/ — New rules on credit rating agencies (CRAs) – frequently asked questions I. GENERAL CONTEXT AND APPLICABLE LAW 1. What is a credit rating? A credit rating is an opinion issued by a specialised firm on the creditworthiness … Read the full press release

El 69% del capital de Repsol elige cobrar el dividendo en acciones

16-1-2013 — /europawire.eu/ — El 69,01% del capital de Repsol ha optado por recibir en acciones la retribución a cuenta correspondiente a los resultados del ejercicio 2012. A través de este sistema de retribución, los accionistas pueden elegir entre recibir acciones … Read the full press release

Hurricane Sandy leaves Allianz operating profit outlook unchanged

Allianz impact from Hurricane Sandy amounts to 590 million US-dollars / Operating profit 2012 still expected to exceed 9 billion euros Munich, Jan 15, 2013 Hurricane Sandy, which hit the north eastern coast of the United States in late October … Read the full press release

BCL RÉSERVES OBLIGATOIRES – ÉVOLUTION MENSUELLE

16-1-2013 — /europawire.eu/ — La Banque centrale du Luxembourg (BCL) fait savoir que le montant de l’exigence de réserve, pour la période de maintenance du 16 janvier au 12 février 2013, s’élève à 3 841 millions d’euros. Les réserves à déposer … Read the full press release

FLSmidth secures EIB funding for R&D investments

FLSmidth has signed an EUR 125m loan agreement with the European Investment Bank (EIB).  16-1-2013 — /europawire.eu/ — The 5-year-bullet loan will finance FLSmidth’s global research and development programme within the cement industry during the period 2013-2016. The R&D programme will … Read the full press release

Aid for Trade: Staying in for the Long Haul

Karel De Gucht – European Commissioner for Trade OECD Policy Dialogue on Aid for Trade Paris, 16-1-2013 — /europawire.eu/ — Ladies and gentlemen, The Aid for Trade initiative, launched just over seven years ago at the WTO Ministerial Conference in Hong … Read the full press release

Eni launches an offer of bonds exchangeable into ordinary shares of Snam S.p.A.

San Donato Milanese (Milan), 16-1-2013 — /europawire.eu/ — Eni S.p.A. (“Eni”) announces an offering of approximately EUR 1,250 million aggregate principal amount of senior unsecured bonds (the “Bonds”) exchangeable into ordinary shares of Snam S.p.A. (the “Exchangeable Bond Offering”). The Exchangeable … Read the full press release

ŠKODA erzielt 2012 neuen Verkaufsrekord

› Auslieferungen steigen 2012 um 6,8 Prozent auf 939.200 Fahrzeuge › ŠKODA Marktanteil in Westeuropa wächst auf über drei Prozent › China: stärkster ŠKODA Einzelmarkt mit fast 235.700 Auslieferungen (+7,1 Prozent) › Russland: ŠKODA Marktanteil von drei auf über 3,6 … Read the full press release

Hans-Dieter Holtzmann is the new head of Deutsche Bank’s EU representation in Brussels

Frankfurt am Main / Brussels, 16-1-2013 — /europawire.eu/ — Dr. Hans-Dieter Holtzmann (43) is to take over as Head of Deutsche Bank’s EU representation in Brussels on 1 February 2013. On behalf of the Management Board he will be responsible for coordinating … Read the full press release

Benoît Cœuré: Ensuring the smooth functioning of money markets

Speech by Benoît Cœuré, Member of the Executive Board of the ECB, 17th Global Securities Financing Summit Luxembourg, 16-1-2013 — /europawire.eu/ — Ladies and Gentlemen, [1] It is a pleasure to speak to you today at this annual Global Securities Financing Summit organised by … Read the full press release