Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

NIB provides financing facility to Arbejdernes Landsbank for environmental projects and SME enterprises in Denmark

NIB and Denmark’s A/S Arbejdernes Landsbank have agreed on a five-year financing facility, totalling EUR 50 million, for financing environmental projects and small and medium-sized enterprises (SMEs). HELSINKI, 17-Mar-2016 — /EuropaWire/ — The facility is earmarked for SME investments made by owner-managed companies … Read the full press release

Jefferies Group announces financial results for its fiscal first quarter 2016

NEW YORK, 16-Mar-2016 — /EuropaWire/ — Jefferies Group LLC today announced financial results for its fiscal first quarter 2016 and a summary of developments in its fiscal second quarter to date. Highlights for the three months ended February 29, 2016: Investment … Read the full press release

Volkswagen Financial Services Chairman Lars Henner Santelmann: 2015 was both an eventful and an outstanding financial year

• Operating result: 1.9 billion euros (+12.9%) • Total assets: 157.9 billion euros (+14.9%) • Portfolio: 16.6 million contracts (+11.4%)  Braunschweig/Frankfurt am Main, 16-Mar-2016 — /EuropaWire/ — Volkswagen Financial Services have again grown substantially during the 2015 financial year. At this … Read the full press release

Continental Corporation to distribute record €150 million value-sharing bonus to employees worldwide

Distribution of around €150 million worldwide for successful fiscal 2015 HANOVER, 14-Mar-2016 — /EuropaWire/ — The Continental Corporation is once again increasing its value-sharing bonus for employees worldwide. For fiscal 2015, the company is distributing a record sum of around … Read the full press release

HDE-Hauptgeschäftsführer Stefan Genth: Umsatzsteuer auf Sachspenden abschaffen

BERLIN, 11-Mar-2016 — /EuropaWire/ — In einem Schreiben an die Europäische Kommission und das Bundesfinanzministerium fordert der Handelsverband Deutschland (HDE) gemeinsam mit weiteren Wirtschaftsverbänden die Abschaffung der Umsatzsteuerpflicht für Sachspenden. „In der aktuellen Flüchtlingskrise spenden viele Handelsunternehmen Waren zur Notversorgung. Die … Read the full press release

Schroders to launch its first liquid distressed fund, Schroder GAIA II NGA Turnaround

LONDON, 10-Mar-2016 — /EuropaWire/ — Schroders is pleased to announce the launch of Schroder GAIA[1] II NGA Turnaround, Schroders’ first liquid distressed fund and the first fund to launch on the GAIA II platform. The fund will be externally managed by … Read the full press release

Euro area economy will remain on a path of recovery this year – KfW Business Cycle Compass Euro Area

KfW Research expects GDP growth of 1.6% for 2016 and 1.8% for 2017 Private consumption is driving growth while investment is held back by uncertainties The main risks to the recovery are financial market turbulence, slower growth in emerging economies … Read the full press release

Carlo Calabria joins Barclays from CMC Capital

Barclays announces the appointment in London of Carlo Calabria as a Chairman, M&A EMEA within its Investment Bank LONDON, 09-Mar-2016 — /EuropaWire/ — Carlo Calabria joins Barclays from CMC Capital where he was a Founding Partner having established this business in … Read the full press release

BMW Group marks its centenary year with increasing the capital of its foundation, BMW Foundation Herbert Quandt

The BMW Group’s foundations are to consolidate as the BMW Foundation Herbert Quandt Foundation will develop Eberhard von Kuenheim Fund for impact investing Stefan Quandt and Susanne Klatten: €30 million to support BMW Foundation Herbert Quandt MUNICH, 08-Mar-2016 — /EuropaWire/ — To … Read the full press release

EBRD funds largest dairy producer in Egypt Juhayna to boost milk production in the Nile Delta

Farmers trained to realise the full potential of Egypt’s agriculture LONDON, 04-Mar-2016 — /EuropaWire/ — Egypt’s Nile Delta is one of the cradles of civilisation; its fertile lands have been a major source of agriculture and people’s livelihoods for millennia. Yet, … Read the full press release

EBRD will help National Bank of Greece to scale up its trade finance activities

Facility will help National Bank of Greece scale up trade finance LONDON, 04-Mar-2016 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of international trade with a facility to National Bank of Greece under the … Read the full press release

Fondo di Garanzia to support EUR 1 billion of financing to 20,000 SMEs in Italy over the next year

BRUSSELS, 04-Mar-2016 — /EuropaWire/ — The European Investment Fund (EIF) and Fondo di Garanzia per le PMI, have signed a COSME agreement in Italy, benefiting from the support of the European Fund for Strategic Investments (EFSI), the heart of the Investment … Read the full press release

26 research projects related to Porcine Circovirus Type 2 (PCV2) infection funded by Boehringer Ingelheim Animal Health over the past 9 years

Ingelheim, Germany, 03-Mar-2016 — /EuropaWire/ — For the ninth time, Boehringer Ingelheim Animal Health has funded independent European research projects related to Porcine Circovirus Type 2 (PCV2) infection and associated diseases. Over the past nine years, 26 research projects have been … Read the full press release

Wood Group reports EBITA of $470m in 2015; 14.5% lower than 2014

Performance demonstrates resilience and flexibility in challenging markets ABERDEEN, 26-Feb-2016 — /EuropaWire/ — “Against a backdrop of significantly reduced customer activity, the Group delivered EBITA of $470m in line with expectations and 14.5% lower than 2014. Our continued actions to reduce … Read the full press release

Bayer Group sales in 2015 reached the highest level in the company’s history

Focus on the Life Sciences following the successful stock market flotation of Covestro / Substantial sales and earnings increases at HealthCare / Good business development at CropScience despite a weaker market environment / Covestro posts strong earnings improvement / Group … Read the full press release

Bayer AG proposes the total dividend payout to rise 11.1 percent

Total dividend payout rises 11.1 percent to EUR 2,067 million Leverkusen, 26-Feb-2016 — /EuropaWire/ —  At its meeting today (February 24, 2016), the Supervisory Board of Bayer AG approved the Board of Management’s recommendation that a dividend payment of EUR … Read the full press release

Saxo Bank announces new co-Branded Introducing Broker partnership with Bank of Valletta in Malta

Partnership highlights ongoing momentum in Introducing Broker business COPENHAGEN, 25-Feb-2016 — /EuropaWire/ — Saxo Bank, the online multi-asset trading and investment specialist, announces today a new co-Branded Introducing Broker (IB)  partnership with Bank of Valletta, the largest commercial bank in … Read the full press release

Saxo Bank to use Formula One sponsorship in 2016 to showcase the value of financial technology and innovation to the future of finance

COPENHAGEN, 25-Feb-2016 — /EuropaWire/ — Saxo Bank announced today that it will use its sponsorship of Formula One racing driver Romain Grosjean in 2016 to showcase the strength and value of financial technology and innovation to the future of finance. The … Read the full press release

Wienerberger AG announces strong growth for the company in 2015

Best year since the financial crisis Results 2015 – Record revenues: € 2,972 million (+5% compared to 2014) – Operating EBITDA: € 370 million (+17% compared to 2014) – Profit after tax: € 70 million – Recommended dividend: € 0.20 … Read the full press release

Local children’s £100 notes designs on display at University of Leicester Botanic Garden

Designs on display at University of Leicester Botanic Garden March 5 and 6 LEICESTER, 24-Feb-2016 — /EuropaWire/ — Hundreds of local children have been drawing their own £100 notes, and thousands of these brilliant designs will be on display in the … Read the full press release