Category Archives: Business

Business Press Releases & News distributed via EuropaWire

The CGAMEC joint venture of Eurocopter, COHC and Samwell Aviation expands its helicopter maintenance capabilities in China

The CGAMEC joint venture of Eurocopter, COHC and Samwell Aviation expands its helicopter maintenance capabilities in China (Ref. DSC_0124, © Copyright Eurocopter China).

China’s CGAMEC (COHC General Aviation Maintenance & Engineering Company) joint venture has broadened its helicopter support and services with rotor blade repair approval by Eurocopter, further developing this company’s capabilities as the rotorcraft sector continues to develop and mature in … Read the full press release

EPA’s Temporary Suspension Does Not Affect BP’s Existing Contracts with US Government

Company working with EPA to demonstrate “present responsibility” and have temporary suspension lifted< 28-11-2012 — /europawire.eu/ — Today’s announcement by the US Environmental Protection Agency (EPA) regarding BP’s temporary suspension relates only to future potential contracts with the US government. The … Read the full press release

International Trade Committee backs EU trade deal with Colombia and Peru

28-11-2012 — /europawire.eu/ — Parliament should give its consent to a proposed EU trade deal with Columbia and Peru, said the International Trade Committee on Tuesday. MEPs welcomed the countries’ commitments to specific labour and environmental targets, set out in binding … Read the full press release

European Commission takes action to protect businesses against marketing scams

Brussels, 28-11-2012 — /europawire.eu/ — Today, the European Commission outlined a series of actions to tackle marketing scams, such as those of misleading directory companies. The aim is to better protect businesses, professionals and NGOs across Europe from dishonest traders who … Read the full press release

Budapest erhält bisher größte Flotte neuer Mercedes-Benz Citaro Stadtbusse

Budapest erhält bisher größte Flotte neuer Mercedes-Benz Citaro Stadtbusse: In der ungarischen Hauptstadt Budapest sorgen ab dem 1. Mai 2013 insgesamt 159 Mercedes-Benz Citaro Stadtbusse der neuen Generation für komfortablen und umweltschonenden Personennahverkehr. Mercedes-Benz Citaro, 2 Türen, Exterieur Fotonummer: 11C489_004 Dateigröße: 2,334 MB Dateigröße, niedrig: 0,014 MB Datum: 20.05.2011

Bestellung umfasst insgesamt 159 Mercedes-Benz Citaro der neuen Generation Auslieferung beginnt bereits im April 2013 Till Oberwörder: „Eine Bestellung in dieser Größenordnung ist ein starker Beweis für das Vertrauen unserer Kunden in die hohe Qualität, Umweltverträglichkeit und Zuverlässigkeit unserer Busse.“ … Read the full press release

BP to Sell Package of Central North Sea Assets to Taqa for $1.1 Billion

28-11-2012 — /europawire.eu/ — BP announced today that it has agreed to sell its interests in a number of central North Sea oil and gas fields to TAQA for $1.058 billion plus future payments which, dependent on oil price and production, … Read the full press release

Cassidian to expand the metro coverage of Beijing Government Shared Radio Network

Cassidian will provide 24 TB3 base stations and four transmitter-receiver units TTRX to expand the coverage of the new metro Lines After extension, all operated 17 metro lines in Beijing will be equipped with Cassidian TETRA system. Extension is part … Read the full press release

Chinese customer orders Airbus ACJ319

Reinforces Airbus corporate jet presence in China Blagnac,  27-11-2012 — /europawire.eu/ — An Airbus ACJ319 with the fuel-saving Sharklet option has been ordered by a Chinese customer, in the first deal for this version from the country. The order builds on … Read the full press release

Commerzbank to invest more than EUR 2.0 billion in its core business until 2016

Return on equity after taxes (RoE) in the Core Bank to be more than 10 % by 2016 Cost-income ratio (CIR) in the Core Bank to decrease to around 60 % Core Tier 1 ratio to be always substantially higher … Read the full press release

Completing and Repairing EMU

Speech by Vítor Constâncio, Vice-President of the ECB, at the Hyman P. Minsky Conference on Financial Instability organised by the Levy Economics Institute and ECLA of Bard with support from the Ford Foundation, The German Marshall Fund of the United States, … Read the full press release

BP Sells its Bottle and Wholesale LPG and Petgaz Autogas Businesses in Turkey to Oteko Group

27-11-2012 — /europawire.eu/ —  BP Gas Turkey announced today that Russian based Oteko Group has agreed to buy its bottle, wholesale LPG, and Petgaz-branded autogas businesses.BP is retaining its BP-branded autogas business and plans to integrate it into BP Turkey’s … Read the full press release

Mergers: Commission approves acquisition of Irish electrical company Cooper Industries by rival Eaton

Brussels, 27-11-2012 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Cooper Industries of Ireland by Eaton Corporation of the US. The transaction combines the electrical equipment and component businesses of Cooper and Eaton. … Read the full press release

EADS North America awarded $181.8 million Army contract option for 34 UH-72A Lakotas

UH-72A Lakota in the Security and Support Battalion configuration (Copyright EADS-North America)

Contract builds on 243 on-time, on-budget Lakota deliveries ARLINGTON, Va., 27-11-2012 — /europawire.eu/ — The U.S. Army has awarded EADS North America a $181.8 million contract option to deliver 34 additional UH-72A Lakota helicopters, bringing the total aircraft ordered to date to … Read the full press release

Orco Property Group Major Shareholding Notification

Paris, 27-11-2012 — /europawire.eu/ — Orco Property Group S.A. (“OPG”) has been notified on 23 November 2012 by Crestline Ventures Corp. (“Crestline“) that on 22 November 2012 its shareholding in OPG increased above the 5% threshold and currently holds 9,000,000 OPG shares, … Read the full press release

L’Oréal recognized by Vigeo rating agency as “the leading French company in social responsibility”

Clichy, 26-11-2012 — /europawire.eu/ — For its 10th anniversary, Vigeo European rating agency has launched a new range of ESG (Environmental-Social-Governance) indices measuring companies’ corporate and social responsibility on a global or European level, and more specifically in France and UK. Vigeo’s France index ranks L’Oréal … Read the full press release

Unilever’s hygiene brand domestos to break taboo of the loo

World Toilet Day 2012 CEO of World Toilet Organisation Mr. Jack Sim, Marketing Vice President of Unilever Vietnam Ms. Nguyen Thi Bich Va and Chief of Staff Vinh Long Peoples Commitee Mr. Nguyen Hoang Hoc hold a cheque at the Media Briefing for World Toilet Day 2012, Vinh Long Province, Vietnam.

London/Rotterdam, 26-11-2012 — /europawire.eu/ — Unilever, through its leading hygiene brand Domestos, today – World Toilet Day – announced new initiatives to raise awareness for the global sanitation crisis. ‘Toilets for Health’, a white paper by the London School of Hygiene … Read the full press release

Shell celebrates 40 years of Scenarios

Scenario planning helps Shell make critical business decisions 26-11-2012 — /europawire.eu/ — Forty years ago, in 1972, work began on what many people regard as the first Shell Scenarios document, published the following year, though the roots of this work lie … Read the full press release

Hubject aims at connecting public charging infrastructure for electric vehicles across European borders. Joint venture formed by the BMW Group, Bosch, Daimler, EnBW, RWE and Siemens presents portfolio of solutions.

Berlin, 26-11-2012 — /europawire.eu/ — Hubject GmbH, is a joint venture formed by the BMW Group, Bosch, Daimler, EnBW, RWE and Siemens, presents to industry experts the first commercial portfolio of solutions aimed at connecting public charging infrastructures in Europe. Operating a … Read the full press release

Airbus, EADS and ENN make a push for new generation aviation fuels

Microalgae are a very promising feedstock for biofuel Speeding up commercialisation and production Test Flights in 2013 Zhuhai, 26-11-2012 — /europawire.eu/ — Airbus, EADS Innovation Works and ENN, one of the world’s leading Bio-Energy companies based in China, have signed a … Read the full press release

Essilor receives the Employee Shareholders Association Chairman Award

Charenton (France), 26-11-2012 — /europawire.eu/ — Essilor today received the Employee Shareholders Association Chairman Award at the Actionaria exhibition in France, for its Valoptec association. This award, made by the Fédération Française des Associations d’Actionnaires Salariés et Anciens Salariés (French Federation … Read the full press release