Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Groupe BPCE: La Banque Palatine se dote d’une nouvelle image grâce à une campagne institutionnelle inédite

PARIS, 05-1-2015 — /EuropaWire/ — La Banque Palatine se dote d’une nouvelle image grâce à une campagne institutionnelle inédite. Le concept, qui se décline en deux visuels, positionne la Banque Palatine comme un partenaire différent, en phase avec les ambitions … Read the full press release

Aviva’s bi-annual Family Finances Report: working parents in UK are being hamstrung by childcare costs with thousands effectively working for nothing

Parents of 0-5s juggle earnings with childcare expenses 1 in 10 families using childcare for 0-5s say lower earner takes home nothing after childcare / work costs are paid Lower earner typically brings home just £243 after childcare / work … Read the full press release

Aviva Family Finance Report: incomes and debts have risen in tandem for UK families over the last 6 months

Typical household income is up by four percent since July 2014 But household debt more than doubles in same period to more than £16,000 More families are saving regularly, but the size of savings pots has shrunk More families protect … Read the full press release

Audi to invest €24 billion between 2015 and 2019, 70 percent of which to go into new models and technologies

Audi CEO Rupert Stadler: “We are strengthening our innovative areas and expanding the global production network” Axel Strotbek, CFO: “70 percent of all investments flow into new models and innovative technologies” Audi Chief Technical Officer Dr. Ulrich Hackenberg: “Focus on … Read the full press release

TomTom signs new facility agreement for a €250 million revolving credit facility

Amsterdam, 23-12-2014 — /EuropaWire/ — TomTom (TOM2) today announced it has signed a new facility agreement for a €250 million revolving credit facility (the “Facility”). The Facility has a maturity date of 31 March 2018 and includes two additional one year … Read the full press release

SEB AG finanziert Kauf von Erdgas-Leitungsnetz in Deutschland

Gemeinsam mit einem Bankenkonsortium finanziert die SEB AG den Kauf der Erdgasversorgungsgesellschaft Thüringen-Sachsen mbH (EVG) mit dem dazugehörigen Erdgas-Leitungsnetz. FRANKFURT, 23-12-2014 — /EuropaWire/ — Das erstreckt sich über eine Länge von 1.168 Kilometern in den Bundesländern Thüringen, Sachsen, Sachsen-Anhalt und … Read the full press release

EY and Equistone Partners Europe sponsored research published by CMBOR reveals PE-backed IPOs remain popular exit route in 2014 with exit value at the highest since 2007

Deal activity in 2014 is up with mid-sized deal activity at the highest since 2008 Exit market performs well; exit value at the highest since 2007 at €101b Trade sales figures highest since 2011, refinancings at a record high LONDON, … Read the full press release

Snam completed the acquisition of the stake held by CDP GAS in Trans Austria Gasleitung GmbH

San Donato Milanese, 23-12-2014 — /EuropaWire/ — Snam completed today the acquisition of the stake held by CDP GAS in Trans Austria Gasleitung GmbH (TAG), approved by the Board of Directors on 12 September 2014. In compliance with Snam’s Board of … Read the full press release

Le Groupe BPCE a signé aujourd’hui un protocole d’accord avec la BEI portant sur le financement de réseaux de très haut débit en France

PARIS, 22-12-2014 — /EuropaWire/ — La BEI met en place une enveloppe de financement dédiée d’un montant total de 750 millions d’euros dont le Groupe BPCE bénéficie à hauteur de 200 millions d’euros pour financer les investissements de ses clients … Read the full press release

Prudential research: Pensioners plan to spend a total of £4.2 billion on gifts and entertaining this Christmas

• 5.8 million pensioners will host their friends and families on Christmas Day • Average retiree expects to spend nearly £400 on Christmas gifts and entertaining guests LONDON, 22-12-2014 — /EuropaWire/ — Many people will be rockin’ around the Christmas … Read the full press release

ZF Friedrichshafen AG announced it increased its sales in 2014 to more than €18 billion

Technology company increases sales in 2014 to more than €18 billion Planned acquisition of TRW Automotive and upcoming integration of the company are key topics ZF will celebrate its centennial in 2015 Stuttgart/Friedrichshafen, 19-12-2014 — /EuropaWire/ — ZF Friedrichshafen AG’s economic … Read the full press release

The President of the European Parliament Martin Schulz gave speech to the European Council on investment, tax fraud, Budget 2015 and Ukraine

BRUSSELS, 19-12-2014 — /EuropaWire/ — Speeches Internal Policies and EU Institutions Investment Plan Ladies and gentlemen, We have come together in Brussels today to discuss the Investment Plan for Europe that was launched in the European Parliament on the 26th of November. … Read the full press release

OSCE Presence in Albania, Minister Bledar Çuçi and EBRD launch new initiative to support anti-corruption measures in Albania

LONDON, 19-12-2014 — /EuropaWire/ — The OSCE Presence in Albania, in co-operation with the Minister of State for Local Issues/National Co-ordinator against Corruption, Bledar Çuçi, launched in Tirana today a new initiative to support anti-corruption measures in Albania. The € … Read the full press release

EBRD launches integrated approach to modernise municipal infrastructure facilities in Kyzylorda, southern Kazakhstan

EBRD and three municipal infrastructure companies in Kazakhstan launch investment programmes to ensure sustainable development  LONDON, 19-12-2014 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is launching an integrated approach to modernise municipal infrastructure facilities in Kyzylorda, … Read the full press release

EU Council: extra time given to member states to pay exceptionally high additional contributions to the EU budget

Brussels, 19-12-2014 — /EuropaWire/ — Member states that have to pay exceptionally high additional contributions to the EU budget as a result of the annual revision of their VAT and GNI data may request to defer their contributions until 1 September of … Read the full press release

The European Commission approved state aid evaluation plans for two different aid schemes in the Czech Republic and the United Kingdom

Brussels, 19-12-2014 — /EuropaWire/ — The European Commission has for the first time approved state aid evaluation plans for two different aid schemes in the Czech Republic and the United Kingdom. It will enable both countries to provide aid of … Read the full press release

Lloyds Banking Group awards £1m in grants to 17 credit unions in 2014 as part of the Lloyds Banking Group Credit Union Development Fund

LONDON, 18-12-2014 — /EuropaWire/ — As part of its commitment to helping Britain prosper, Lloyds Banking Group is awarding £1m in grants to 17 credit unions in 2014 as part of the Lloyds Banking Group Credit Union Development Fund (Fund) … Read the full press release

BNP Paribas closed the acquisition of 81.4% stake in DAB Bank AG from Unicredit AG

PARIS, 18-12-2014 — /EuropaWire/ — BNP Paribas closed today the acquisition of 81.4% stake in DAB Bank AG from Unicredit AG, together with the voluntary offer to minority shareholders. Following this step, BNP Paribas now controls 91.7% of DAB Bank’s … Read the full press release

ESET® Canada research team analyzed a widespread case of ransomware known as TorrentLocker which started spreading in early 2014

ESET researchers have analyzed a broad family of this malware and its modus operandi. Bratislava, Slovakia, 17-12-2014 — /EuropaWire/ — ESET® research team from Canada has analyzed a widespread case of ransomware generally known as TorrentLocker, which started spreading in early … Read the full press release

UT research institute MESA+ and Eindhoven University of Technology: credit cards which are impossible to hack will soon be possible thanks to quantum physics

Cards, such as identification cards and credit cards, which are impossible to hack. With a system based on quantum physics this will soon be possible. Researchers from the UT research institute MESA+ and the Eindhoven University of Technology (TU/e) have … Read the full press release