WARSAW, 17-8-2015 — /EuropaWire/ — PGNiG Upstream International AS, a subsidiary of PGNiG SA, executed a USD 400m credit facility agreement with eight banks (Societe Generale, BNP Paribas, ING, HSBC, Citibank, CACIB, SEB and Natixis). The primary use of proceeds … Read the full press release
Posted in Energy, Gas & Oil, Financial, Management, Poland
Tagged BNP Paribas, CACIB, Citibank, HSBC, ING, Natixis, PGNiG, PGNiG Upstream International AS, SEB, SOCIÉTÉ GÉNÉRALE
WARSAW, 17-8-2015 — /EuropaWire/ — Despite declining oil prices, the PGNiG Group earned a net profit of nearly PLN 1.9bn in H1 2015, up 23% year on year. Such strong performance was attributable chiefly to the consistent pursuit of the … Read the full press release
Posted in Energy, Gas & Oil, Financial, Management, Poland
The Hague, Netherlands, 17-8-2015 — /EuropaWire/ — APM Terminals delivered a profit of USD 161m (USD 223m) and a ROIC of 10.9% (14.2%). The underlying profit was USD 159m (USD 211m). The result was negatively impacted by a revenue reduction of 8.6% … Read the full press release
Posted in Business, Financial, Netherlands, Transportation & Logistics
Tagged APM Terminals, global container market
Sales: +13.5% to 4,695 million euros (organic: +2.4%) Operating profit*: +14.0% to 768 million euros EBIT margin*: +0.1 percentage points to 16.4% Earnings per preferred share* (EPS): +11.2% to 1.29 euros Strong organic sales growth in emerging markets: +5.1% Düsseldorf … Read the full press release
Six international research talents each receive up to €1.65 million in award money to establish their own research groups in Munich, Frankfurt, Heidelberg, Karlsruhe, Bochum and Hannover. BONN, 13-8-2015 — /EuropaWire/ — The Alexander von Humboldt Foundation has chosen six … Read the full press release
Posted in Awards, Financial, Germany, Science, Technology
Tagged astronomy, Biophysics, Chair of Physical Chemistry II, CHINA, Clara Saraceno, Elementary Particle Physics, Engineering Science, Heidelberg, Institute of Continuum Mechanics, Ioan M. Pop, Karin Lind, Karlsruhe Institute of Technology, Laser Physics, Leibniz University Hannover, Max Planck Institute for Astronomy, Max Planck Institute of Biophysics, Mikhail Kudryashev, Neurobiology, Rikkert Frederix, Ruhr-Universität Bochum, Sofja Kovalevskaja Awards, Solid State Physics, Sweden, Technical Mechanics, Technische Universität München, The Alexander von Humboldt Foundation, Zhuang Xiaoying
Pearson is today announcing that it has agreed to sell its 50% stake in The Economist Group for £469 million, payable in cash. LONDON, 13-8-2015 — /EuropaWire/ — EXOR S.p.A. has agreed to purchase 27.8% of The Economist Group’s Ordinary … Read the full press release
Posted in Business, Education, Financial, Investment, Management, Media, United Kingdom
Tagged B special shares, EXOR S.p.A., John Fallon, ordinary shares, payable in cash, Pearson, stake, The Economist Group, £469 million
OSLO, 12-8-2015 — /EuropaWire/ — Orkla ASA (”Orkla”) has decided to initiate a share buyback program for up to 2 million shares in the market. The buyback program will be conducted in accordance with the authorization provided by the annual general … Read the full press release
Posted in Business, Financial, Food & Beverage, Investment, Management
Tagged Orkla ASA, Share Buyback Program
New equity of 70 million euros strengthens the financial capacity of the Wörrstadt-based project developer Shares of Mannheim-based energy company MVV Energie in juwi increase to 63 percent. Wörrstadt, Germany, 12-8-2015 — /EuropaWire/ — With an increase in equity by 70 million … Read the full press release
Posted in Financial, Germany, Investment
Tagged capital increase, Dr. Georg Müller, Fred Jung, FreMa GmbH & Co. KG, juwi AG, Matthias Willenbacher, MVV Energie, renewable energies
PRAGUE, 12-8-2015 — /EuropaWire/ — The EnerCap Power Fund, managed by EnerCap Capital Partners has taken advantage of low interest rates and a forced loan portfolio sale by its existing lender to refinance its 18 MW Horní Lodĕnice Wind Farm … Read the full press release
New figures show that the rollout of the government-funded superfast broadband has now reached more than three million homes and businesses LONDON, 12-8-2015 — /EuropaWire/ — More than three million homes and businesses have been reached by the Government’s nationwide … Read the full press release
LONDON, 11-8-2015 — /EuropaWire/ — Following an enforcement investigation into the Co-operative Bank Plc (Co-op Bank) the Prudential Regulation Authority (PRA), supported by a team of investigators at the Financial Conduct Authority (FCA), has found that there were serious and … Read the full press release
FRANKFURT, 11-8-2015 — /EuropaWire/ — A new exchange-listed sector index fund issued by SPDR (State Street Global Advisors) has been tradable on Xetra and Börse Frankfurt since Tuesday. Name: SPDR FTSE EPRA Europe ex UK Real Estate UCITS ETF Asset … Read the full press release
Posted in Business, Financial, Germany, Investment, Management
Tagged Börse Frankfurt, SPDR, State Street Global Advisors, Xetra
Total economic losses from disaster events reached USD 37 billion in H1 2015 Insured losses from disaster events were USD 16.5 billion in H1 2015 Natural catastrophe-related insurance claims were USD 12.9 billion in the first six months of the … Read the full press release
EDINBURGH, 10-8-2015 — /EuropaWire/ — A couple of weeks ago we marked the launch of our apprenticeship scheme and I’m delighted we’ve committed to recruiting 400 apprentices over our next intake. They’ll be working alongside all of us at the bank … Read the full press release
Posted in Banks, Business, Education, Financial, Management, United Kingdom
Tagged apprentices, apprenticeship, Elaine Arden, Jacob Lloyd, RBS
Average savings per household has increased four-fold from £36,989 in 1975 to £145,566 Over a third of savings held in deposits, but proportion held in shares continues to fall Sixteen fold increase in value of pensions drives growth in household … Read the full press release
Posted in Banks, Business, Financial, Management, Society, United Kingdom
Tagged Deposit savings, Lloyds Bank, Philip Robinson, UK household savings
LONDON, 10-8-2015 — /EuropaWire/ — London Stock Exchange Group plc (LSEG) today announces that Massimo Tononi is standing down as a Non-Executive Director of LSEG and Chairman of Borsa Italiana. Donald Brydon, Chairman of London Stock Exchange Group plc, commented: … Read the full press release
Posted in Financial, Investment, Italy, Management, United Kingdom
Tagged Borsa Italiana, Donald Brydon, London Stock Exchange Group, LSEG, Massimo Tononi
Joint press release by Siemens, Basel Institute on Governance, United Nations Global Compact and the Organization for Economic Cooperation and Development Three year funding of nearly US$4 million under the Siemens Integrity Initiative, supporting organizations and projects that are fighting … Read the full press release
Mercedes-Benz hands over 149,753 vehicles to customers in July (+15.2%). Ola Källenius, Member of the Board of Management of Daimler AG, responsible for Mercedes-Benz Cars Marketing & Sales: “We passed the one-million mark already in July. Never before have we … Read the full press release
Posted in Automotive, Financial, Germany, Management
Tagged Mercedes-Benz, Ola Källenius
BRUSSELS, 7-8-2015 — /EuropaWire/ — Ageas today confirms exclusive negotiations and intention to acquire AXA’s share in its Portuguese insurance operations for a total consideration of EUR 190.8 million¹ AXA’s Portuguese operations comprise a Non-Life business (99.7% stake), a Direct/internet … Read the full press release
Posted in Belgium, Business, Financial, France, Insurance, Management, Portugal
Tagged Ageas, AXA, Portuguese insurance operations, Steven Braekeveldt
Multilateral banks and a syndicate of commercial banks provide US$1 billion to finance development of gas field feeding Southern Gas Corridor from Caspian to Europe LONDON, 7-8-2015 — /EuropaWire/ — The Asian Development Bank (ADB) and the European Bank for … Read the full press release
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