Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

ING to invest EUR 200 million to further simplify and automate IT systems and processes

Omni-channel approach to create consistent customer service Investment of EUR 200 million to further simplify and automate IT systems and processes Measures to result in reduction of ING’s Dutch workforce by 1,700 FTEs over a three-year period and a pre-tax … Read the full press release

Bosch saved 395 million euros thanks to suggestions for improvement made by its associates

The company suggestions scheme turns 90 From a “suggestions book” to global ideas management Company founder Robert Bosch introduced the suggestions book in 1924 Two associates at Bosch foundry have received the highest possible cash reward of 150,000 euros Christoph … Read the full press release

Barclays announces the appointment of Michael Gapen as Chief US Economist

Mr. Gapen will head the US Economics Research team LONDON, 26-11-2014 — /EuropaWire/ — Barclays today announced the appointment of Michael Gapen as Chief US Economist. Based in New York, Mr. Gapen will lead the US Economics Research team and … Read the full press release

Zurich 2014 SME survey: Most SMEs concerned about the risks of high competition and the associated impact of dumping on sales margins and weak consumer demand/overstocking

Zurich, 26-11-2014 — /EuropaWire/ — While SMEs globally are generally optimistic about the future, they remain concerned about the risks of high competition and the associated impact of dumping on sales margins, and weak consumer demand/overstocking. The Zurich 2014 SME survey … Read the full press release

RBS pays tribute to UK’s top social enterprises at the RBS SE100 Awards held on Monday 24th November 2014

RBS SE100 awards recognise the UK’s top social businesses EDINBURGH, 26-11-2014 — /EuropaWire/ — Social enterprises are now contributing more than £24 billion to the UK economy. Arguably more important however, is the life-changing contribution that many social enterprises make to communities … Read the full press release

Vodafone Greece completed the acquisition of 72.7% of the share capital of Hellas Online SA for EUR72.7m

BERKSHIRE, 25-11-2014 — /EuropaWire/ — Vodafone Group Plc today confirms that Vodafone Greece has completed the acquisition of 72.7% of the share capital of Hellas Online SA (“HOL”), a leading provider of broadband and fixed-line telephony in Greece, for a total … Read the full press release

Volkswagen Group to invest EUR 85.6 billion in new models, innovative technologies and its global presence in its Automotive Division over the coming five years

• EUR 85.6 billion for new models, environmentally friendly technologies and production facilities in the coming five years • Capex ratio to remain at a competitive level of between six and seven percent • Over half of investments in property, … Read the full press release

EBRD to provide US$ 12million syndicated loan to Belarusky Narodny Bank for SME financing across Belarus

LONDON, 24-11-2014 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is providing a syndicated loan of up to US$ 12 million to privately owned Belarusky Narodny Bank (BNB-Bank). The proceeds will allow BNB-Bank, which concentrates its activity … Read the full press release

Vienna Insurance Group recorded very good business development in the first three quarters of 2014

Profit increases 36.4% to EUR 430.8 million Earnings per share grow by 65.5% to EUR 3.26 Premiums stable at around EUR 7.0 billion Combined ratio reduced to a very good 97.2% VIENNA, 20-11-2014 — /EuropaWire/ — Vienna Insurance Group recorded … Read the full press release

The York Festival of Ideas to launch Holbeck Trust-funded Innovation Fund for development of activities for the 2015 programme

The York Festival of Ideas will launch a new Innovation Fund providing support for organisations and individuals wishing to develop activities for the 2015 programme, funded by the Holbeck Trust. YORK, UK, 20-11-2014 — /EuropaWire/ — The festival committee is inviting … Read the full press release

Fight for Sight–Nystagmus Network Small Grant Award to fund University of Leicester project to understand how nystagmus affect balance and posture in people who had it since childhood

Dr Frank Proudlock involved in study Leicester, UK, 20-11-2014 — /EuropaWire/ — This year’s Fight for Sight–Nystagmus Network Small Grant Award will fund a research project that aims to understand how involuntary eye movements – a condition known as nystagmus – … Read the full press release

Bank Austria Wohnbaubank launched new WohnbauAnleihe bond for security-oriented investors

• “1.50%–3,50% Stufenzins-Wandelschuldverschreibung” (stepped-coupon convertible bond) VIENNA, 20-11-2014 — /EuropaWire/ — Bank Austria Wohnbaubank has launched a new WohnbauAnleihe bond for security-oriented investors: The term of the new “1.50%–3,50% Stufenzins-Wandelschuldverschreibung 2014–2026/8” is 12 years. The interest rate is fixed for … Read the full press release

AF Gruppen reports of 7% profit margin for Q3

OSLO, 18-11-2014 — /EuropaWire/ —  AF Gruppen’s profit margin for Q3 was 7 %. The profit margin and injury rate shows that work on continuous improvement in the organizations is progressing. AF Gruppen is well equipped for further growth, both … Read the full press release

Skanska to sell part of the property Generatorn 2 in Stockholm, Sweden, to HEBA Fastighets AB for SEK 421M

STOCKHOLM, 18-11-2014 — /EuropaWire/ — Skanska has signed an agreement to sell part of the property Generatorn 2 in Stockholm, Sweden, to HEBA Fastighets AB. The value of the transaction totals SEK 421 M. The sale will be recorded for … Read the full press release

Experian recognised as a ‘Future Champion’ at the National Business Awards 2014 in the UK

LONDON, 17-11-2014 — /EuropaWire/ — Experian today announced that it has been recognised as a ‘Future Champion’ at the National Business Awards 2014 in the UK.  As finalists in The Santander Corporate Citizenship Award, Experian was commended for how it uses its … Read the full press release

Experian Marketing Services’ The 2014 Holiday Marketer Report reveals key marketing strategies, tactics and trends that will define the 2014 holiday season

Paid Facebook ads will rival organic Twitter and YouTube campaigns; email will be the hub of 2014 holiday marketing campaigns New York, N.Y., 17-11-2014 — /EuropaWire/ — Experian Marketing Services, a recognized leader in data-driven marketing, published a new research report … Read the full press release

‘St Andrews Towards Transition’ received major funding boost from Climate Challenge Funding by the Scottish Government

Fife, Scotland, 17-11-2014 — /EuropaWire/ — A groundswell of activity, led by the University of St Andrews and community partners, to make St Andrews a greener, more environmentally conscious place has received a major funding boost; with the announcement of £148,000 Climate … Read the full press release

Gemalto selected by leading financial institution in New Zealand Westpac for its Optelio Contactless Sticker for mobile payment

Optelio contactless sticker seen as an ideal, cost-effective solution to quickly enable mobile contactless payment Amsterdam, 14-11-2014 — /EuropaWire/ — Gemalto (Euronext NL 0000400653 GTO), the world leader in digital security, has been selected by Westpac, a leading financial institution in … Read the full press release

Global provider of telecommunications services VimpelCom announces its financial calendar for the year of 2015

Amsterdam, 13-11-2014 — /EuropaWire/ — “VimpelCom Ltd.” (“VimpelCom”, “Company” or “Group”) (NASDAQ: VIP), a leading global provider of telecommunications services in 14 countries and headquartered in Amsterdam, today announces its financial calendar for the year of 2015. The Company aims to publish … Read the full press release

VimpelCom Ltd. authorized the payment of dividend of US 3.5 cents per American Depositary Share (“ADS”)

Amsterdam, 13-11-2014 — /EuropaWire/ — “VimpelCom Ltd.” (“VimpelCom”, “Company” or “Group”) (NASDAQ: VIP), a leading global provider of telecommunications services headquartered in Amsterdam and with operations in 14 countries, announces today that its Supervisory Board has authorized the payment of a … Read the full press release