Category Archives: Business

Business Press Releases & News distributed via EuropaWire

State aid: recapitalisation of Spanish banks – the Commission’s role under EU State aid control

Posted on 29, November 2012 by

Brussels, 29-11-2012 — /europawire.eu/ — Since the start of the financial crisis in October 2008, EU Member States have taken hundreds of measures in favour of financial institutions in order to preserve financial stability. Most of this support constitutes state aid in … Read the full press release →

Posted in Banks, Belgium, Business, European Union, Financial, Government, Law, Politics, Spain

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Mergers: Commission approves acquisition of stakes in Dutch wholesale clothing company HVEG by ABN AMRO and Rabobank

Posted on 29, November 2012 by

Brussels, 29-11-2012 — /europawire.eu/ — Mergers: Commission approves acquisition of stakes in Dutch wholesale clothing company HVEG by ABN AMRO and Rabobank The European Commission has cleared under the EU Merger Regulation the proposed acquisition by the Dutch banks ABN AMRO and … Read the full press release →

Posted in Apparel, Fashion & Beauty, Banks, Business, European Union, Financial, Government, Investment, Law, Netherlands, Retail

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Ferrero presents its third report on corporate social responsibility in Germany

Posted on 29, November 2012 by
Ferrero presents its third report on corporate social responsibility in Germany

29-11-2012 — /europawire.eu/ — On Wednesday 28th November the German version of the third Corporate Social Responsibility report of the Ferrero Group has been presented in Germany, at the Hotel Bayerischer Hof. The report describes the CSR activities of the Group from … Read the full press release →

Posted in Business, Food & Beverage, Germany, Italy, Society

Challenges facing financial integration and financial stability

Posted on 29, November 2012 by

Speech by Benoît Cœuré, Member of the Executive Board of the ECB, 3rd Pan-Asian Regulatory Summit organised by Thomson Reuters, Hong Kong Hong Kong, 29-11-2012 — /europawire.eu/ — Ladies and Gentlemen, It is a great pleasure to be here in Hong Kong and I … Read the full press release →

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

Deal on stricter EU rules for sovereign debt ratings

Posted on 29, November 2012 by

29-11-2012 — /europawire.eu/ — Credit rating agencies will have to obey additional rules on sovereign debt ratings, including three set dates per year for issuing them, under a deal agreed by Parliament, the Council and the Commission on Tuesday. Cross-ownership of … Read the full press release →

Posted in Banks, Business, Economy, European Union, Financial, Government, Investment, Law, Politics

Ericsson appoints Senior Vice President Asia-Pacific

Posted on 29, November 2012 by

29-11-2012 — /europawire.eu/ — Ericsson (NASDAQ:ERIC) today announced that effective January 1, 2013, Mats H Olsson is appointed Senior Vice President Asia-Pacific (APAC). In this role he will continue to report to President & CEO Hans Vestberg and be a member … Read the full press release →

Posted in Business, Management, Sweden, Technology, Telecom

Lower Inn Valley railway line completed – Record EIB loan for high-speed line

Posted on 29, November 2012 by
ÖBB Weststrecke Pat Cox, EU-Coordinator Priority Project No. 1, Doris Bures, Austrian Federal Minister for Transport, Innovation, and Technology, Tyrol’s governor Günther Platter, Radfeld’s Mayor Josef Auer, CEO ÖBB-Holding AG Christian Kern, and CEO of ÖBB-Infrastruktur AG, Andreas Matthä 26/11/2012

29-11-2012 — /europawire.eu/ — Austrian Railways (ÖBB) officially completed its high-speed rail line project in the Lower Inn Valley in the Tyrol. The European Investment Bank (EIB) provided a total of EUR 1 billion for this ambitious project in its biggest ever … Read the full press release →

Posted in Austria, Banks, Business, Construction, European Union, Financial, Investment, Transportation & Logistics

Dassault Falcon Establishes Chinese Subsidiary

Posted on 29, November 2012 by
Jean-Michel Jacob, named General Manager of Dassault Falcon Subsidiary in China

Beijing, China, 29-11-2012 — /europawire.eu/ — Dassault Falcon has established a ‘wholly owned foreign entity’ to represent the Falcon brand in the growing Chinese market. The subsidiary, known as ‘Dassault Falcon Business Services (Beijing) Co. Ltd’, is based in Beijing, China. … Read the full press release →

Posted in Aviation & Aerospace, Business, Defence, France

Italy: EUR 160 million for Enel Green Power for new facilities

Posted on 29, November 2012 by
ENEL GREENPOWER ENERGIE RINNOVABILI II Financing of a 3-year investment programme for the period 2011-2013, focusing on the installation of new renewable energy capacities (approx 825 MW) in Italy, mainly small/medium scale wind farms and photovoltaic plants. 27/11/2012

29-11-2012 — /europawire.eu/ —  The European Investment Bank (EIB) and Enel Green Power (EGP) signed a EUR 160 million loan for financing the four-year plan of the Enel Group company concerned with renewable and alternative energy sources. This is the second … Read the full press release →

Posted in Banks, Business, Energy, Gas & Oil, Environment, European Union, Financial, Government, Investment, Italy, Technology

Ahlstrom – publication of the prospectus relating to the share offering of Munksjö Oyj

Posted on 29, November 2012 by

Ahlstrom Corporation STOCK EXCHANGE RELEASE November 19, 2012 at 08.30 Not to be distributed in or into Australia, Canada, the Hong Kong special administrative region of the People’s Republic of China, Japan, New Zealand, South Africa or the United States. … Read the full press release →

Posted in Business, Financial, Finland, Industrial

ÖBB western line: EIB lends EUR 1 billion to finance extension of Danube line

Posted on 29, November 2012 by
Bahnstrecke Unterinntal fertiggestellt – Rekord-Darlehen der EIB für Hochleistungstrasse Dr. Georg-Michael Vavrovsky, Member of the Board of Management ÖBB-Infrastruktur AG, Wilhelm Molterer, Vice President of the EIB and Andreas Matthä, CEO ÖBB-Infrastruktur AG. 26/11/2012

29-11-2012 — /europawire.eu/ — The European Investment Bank (EIB) is financing the extension of one of Europe’s most important rail links. In 2007 and 2008 the EIB provided loans totalling EUR 400 million for the four-track extension of the Vienna-St. Pölten … Read the full press release →

Posted in Banks, Business, Construction, European Union, Financial, Government, Industrial, Investment, Luxembourg, Transportation & Logistics

Mit iZettle wird das Handy zum Bezahlterminal

Posted on 29, November 2012 by

Telekom startet mit Verkauf von iZettle Kredit- und EC-Kartenlesern Für Android- und iOS-Smartphones und -Tablets 20 Euro Gutschein inklusive Im Handumdrehen einsatzbereit 29-11-2012 — /europawire.eu/ — Ab sofort ist der Chipkartenleser von iZettle in allen Business Shops der Telekom deutschlandweit sowie … Read the full press release →

Posted in Business, Financial, Germany, Internet & Online, Technology, Telecom

EIB supports Tallinn´s urban infrastructure development

Posted on 29, November 2012 by

The European Investment Bank (EIB) is providing a long-term loan of EUR 66.8 million to finance small to medium-sized priority projects upgrading municipal infrastructure in Tallinn. 29-11-2012 — /europawire.eu/ — EIB Vice-President Pim van Ballekom, responsible for lending in Estonia, stated: “EIB … Read the full press release →

Posted in Banks, Business, Construction, Estonia, Financial, Investment, Luxembourg

Eni launches an accelerated bookbuilding offer of Galp Energia’s shares combined with an offer of bonds exchangeable into ordinary shares of the portuguese company

Posted on 29, November 2012 by

Eni S.p.A. (“Eni”) announces an offering (the “Equity Offering”) of 49,755,038 Galp Energia SGPS S.A. (“Galp”) shares (the “Shares”) San Donato Milanese (Milan), 29-11-2012 — /europawire.eu/ — Eni S.p.A. (“Eni‘) announces an offering (the “Equity Offering‘) of 49,755,038 Galp Energia SGPS … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Investment, Italy, Portugal

EIB and Sberbank to enhance cooperation in their common regions of operation

Posted on 29, November 2012 by

29-11-2012 — /europawire.eu/ — Werner Hoyer, President of the European Investment Bank (EIB), and Herman Gref, Chief Executive Officer and Chairman of the Management Board of Sberbank, signed a Joint Statement of Cooperation. The two financing institutions agreed to work together … Read the full press release →

Posted in Banks, Business, Financial, Investment, Luxembourg, Russia

Mergers: Commission clears acquisition of Swedish paper producer Billerud by Swedish investment company Kinnevik, subject to conditions

Posted on 29, November 2012 by

Brussels, 29-11-2012 — /europawire.eu/ — Mergers: Commission clears acquisition of Swedish paper producer Billerud by Swedish investment company Kinnevik, subject to conditions The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Swedish pulp- and paper-based packaging products manufacturer … Read the full press release →

Posted in Business, European Union, Government, Industrial, Investment, Law, Sweden

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Eni: agreements signed with Amorim Energia for the sale of the stake in Galp Energia amended

Posted on 29, November 2012 by

Eni S.p.A and Amorim Energia B.V. have made certain amendments to the terms and conditions of one of the agreements entered into on 29 March 2012 San Donato Milanese (MI), 29-11-2012 — /europawire.eu/ — Eni S.p.A. (“Eni‘) and Amorim Energia B.V. … Read the full press release →

Posted in Business, Energy, Gas & Oil, Italy

Serbia: EUR 100 million for SMEs

Posted on 29, November 2012 by

29-11-2012 — /europawire.eu/ — The European Investment Bank (EIB) has signed two loans totalling EUR 100 million in Serbia with two local financial institutions in support of the projects of small and medium-sized enterprises (SMEs) as well as infrastructure schemes promoted … Read the full press release →

Posted in Banks, Business, Financial, Investment, Serbia, Small Business

Produktionsmeilenstein im Daimler Trucks Werk in Saltillo, Mexiko: 100.000 Freightliner gefertigt

Posted on 29, November 2012 by
In dem Lkw-Werk in Saltillo, Mexiko rollt der 100.000ste schwere Fernverkehrs-Lkw des Typs Freightliner Cascadia vom Band. Daimler Trucks North America übergibt den Jubiläums-Lkw an den langjährigen Kunden „Grupo Mon-Ro“, einem mexikanischen Speditionsbetrieb. Fotonummer: 12C1265_1 Dateigröße: 4,224 MB Dateigröße, niedrig: 0,028 MB Datum: 28.11.2012

Daimler Trucks North America (DTNA) feiert den 100.000sten Freightliner des Lkw-Produktionswerks in Saltillo, Mexiko Damit erreicht Daimler einen erfolgreichen Meilenstein im internationalen Produktionsverbund Vielversprechende Zukunft für den mexikanischen Standort mit einer jährlichen Produktionskapazität von 30.000 Lkw Stuttgart / Saltillo, Mexiko, … Read the full press release →

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

Tourism and SMEs: the keys to sustainable development in the Mediterranean

Posted on 29, November 2012 by

29-11-2012 — /europawire.eu/ — The European Investment Bank (EIB) and the Association of the Mediterranean Chambers of Commerce and Industry (ASCAME), aware of the major role played by small and medium-sized enterprises (SMEs) and the development of sustainable tourism for the … Read the full press release →

Posted in Business, European Union, Small Business, Travel