Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Republic of Lithuania, NIB sign loan agreement for EUR 100 million with maturity of 20 years aimed at improving energy efficiency

NIB and the Republic of Lithuania have signed a loan agreement, totalling EUR 100 million, with a maturity of 20 years, to improve energy efficiency in public and residential buildings. HELSINKI, 29-4-2015 — /EuropaWire/ — The long-term loan will finance the renovation of … Read the full press release

NORD/LB Norddeutsche Landesbank reports significantly increased pre-tax profit in the financial year 2014

Rise in net interest and commission income Increase in customer loans despite reduction in total assets HANNOVER, 29-4-2015 — /EuropaWire/ — NORD/LB Norddeutsche Landesbank achieved earnings before taxes of € 276 million in the financial year 2014 and thereby significantly … Read the full press release

Capgemini to acquire US based IGATE for $4.04 billion

North America becomes the largest region of the Group with this major acquisition. North America to represent 30% of the Group’s estimated combined revenues of €12.5bn in 2015 Enhances Capgemini’s competitiveness across all regions and broadens its offerings in key … Read the full press release

Loughborough University runners to support the Anthony Nolan charity at London’s Green Belt Relay

Loughborough University runners are taking on London’s Green Belt Relay to raise money to support the Anthony Nolan charity. The 220 mile, 22-stage race takes place on 16 – 17 May. Leicestershire, 28-4-2015 — /EuropaWire/ — Leading the team of staff … Read the full press release

Der Firmenkreditkartenspezialist AirPlus und die ÖBB luden AirPlus-Kunden zur Besichtigung des neuen Hauptbahnhofs in Wien ein

WIEN, 28-4-2015 — /EuropaWire/ — Mag. Christian Kern, CEO der ÖBB Holding AG, war  Keynote Speaker der „Airficiency Lounge 2015“ zu der AirPlus am 23. April die Travel Manager seiner größten Kunden eingeladen hatte. Der Firmenkreditkartenspezialist AirPlus und die ÖBB … Read the full press release

BP to sell its equity in the Central Area Transmission System (CATS) to Antin Infrastructure Partners for £324 million

LONDON, 27-4-2015 — /EuropaWire/ — BP today announced it has agreed to sell its equity in the Central Area Transmission System (CATS) business in the UK North Sea to Antin Infrastructure Partners for £324 million ($486 million). BP is currently … Read the full press release

Michelin calls on the assistance of Investment Services Provider for implementation of its Share Buyback Program authorized by Annual Shareholders Meeting of May 16, 2014

Clermont-Ferrand, 27-4-2015 — /EuropaWire/ — Compagnie Générale des Etablissements Michelin has called on the assistance of an Investment Services Provider for the implementation of its Share Buyback Program as authorized by the Annual Shareholders Meeting of May 16, 2014. Under … Read the full press release

Lloyds Banking Group and School of Computing Science at Newcastle University to try and find innovative solutions to help young people become more engaged with banking

Lloyds Banking Group has partnered with Newcastle University’s School of Computing Science to create digital solutions around the topic of ‘everyday banking and money management’ Students have been tasked to come up with innovative solutions to help young people become … Read the full press release

GasTerra finances the fuel cell car of TU Delft’s Car as Power Plant project

Groningen, Netherlands, 24-4-2015 — /EuropaWire/ — In the future, hydrogen fuel cell cars will also be able to provide energy for houses and offices. These cars run on electricity which is produced from a hydrogen fuel cell. If the vehicle is … Read the full press release

The Netherlands Organisation for Scientific Research (NWO) funding programme Aspasia contributes to increasing the number of female professors in the Netherlands

THE HAGUE, 24-4-2015 — /EuropaWire/ — Between 2010 and 2012, the NWO funding programme Aspasia made a contribution to increasing the number of female professors in the Netherlands. This is clear from the evaluation held in 2014. A total of … Read the full press release

Volkswagen Aktiengesellschaft to pay SEK 200 cash per share to Scania’s noncontrolling interest shareholders

Wolfsburg, 23-4-2015 — /EuropaWire/ — Volkswagen Aktiengesellschaft is paying SEK 200 plus interest of SEK 5.02 in cash per share to the noncontrolling interest shareholders of Scania who did not tender their shares in the course of Volkswagen’s offer. This was announced … Read the full press release

Deutsche Bank expects to report litigation costs of approximately EUR 1.5 billion for Q1 2015

Frankfurt am Main, 23-4-2015 — /EuropaWire/ — Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today announced that it expects to report litigation costs of approximately EUR 1.5 billion for the first quarter 2015. The majority of these litigation costs are not … Read the full press release

Deutsche Bank’s “Artist of the Year” 2016: Basim Magdy will present his first institutional solo exhibition at the Deutsche Bank KunstHalle in Berlin next spring

Frankfurt am Main, 23-4-2015 — /EuropaWire/ — Basim Magdy is Deutsche Bank’s  “Artist of the Year” 2016 and will present his first institutional solo exhibition at the Deutsche Bank KunstHalle in Berlin next spring. The artist, who was born in 1977 in … Read the full press release

Bristol, European Green Capital 2015: EIB supported the city’s ambitious energy programme

Bristol is at the forefront of a global movement of cities that are reinventing what it means to be sustainable and resilient in the age of climate change. Luxembourg, 23-4-2015 — /EuropaWire/ — Located in South West England, Bristol city, … Read the full press release

Husqvarna Group interim report January – March 2015: operating income increased by 22% to SEK 1,112m despite currency adjusted sales decline of -3%

STOCKHOLM, 22-4-2015 — /EuropaWire/ — Husqvarna Group interim report January – March 2015: operating income increased by 22% to SEK 1,112m despite currency adjusted sales decline of -3% Kai Wärn, President and CEO: “Since January 1, Husqvarna Group operates under a … Read the full press release

Pöyry report on the growing risks facing renewable investors in European power markets

A report by Pöyry on the growing risks facing renewable investors in European power markets. HELSINKI, 22-4-2015 — /EuropaWire/ — The days of “invest and forget” are over for investors in renewable energy. Pöyry Management Consulting forecasts greater risk to … Read the full press release

Akzo Nobel N.V. reports 42 percent increase in operating income in Q1 2014

Solid first quarter for AkzoNobel Operating income up 42 percent at €306 million (2014: €216 million), reflecting the effects of process optimization, reduced restructuring expenses, lower costs and favorable currencies Revenue up 6 percent due to 8 percent favorable currency … Read the full press release

Norges Bank Investment Management acquires 45 percent interest in 60 million square feet industrial portfolio in US for USD 2.3 billion

OSLO, 21-4-2015 — /EuropaWire/ — Norges Bank Investment Management has signed an agreement to acquire a 45 percent interest in a 60 million square feet industrial portfolio with additional development potential in a joint venture with Prologis. The agreement was signed … Read the full press release

Norges Bank reduced its participation in Barco to below the threshold of 3.00% of the shares

Disclosure in accordance with the provisions of the Act of 2 May 2007: Transparency law Kortrijk, Belgium, 21-4-2015 — /EuropaWire/ — On 20 April 2015, Norges Bank (the Central Bank of Norway), Bankplassen 2, P.O Box 1179, Sentrum, 0107 Oslo, Norway, … Read the full press release

Syngenta Q1 2015: Robust performance in Europe and effective risk management in the CIS at $4.0 billion sales

Integrated sales up one percent at constant exchange rates Reported sales impacted by currency; full year earnings guidance maintained Robust performance in Europe: effective risk management in the CIS Delayed start to North American season BASEL, 17-4-2015 — /EuropaWire/ — … Read the full press release