Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Euler Hermes research: Chinese exports to grow by additional USD300 billion over 2014-15

PARIS, 13-11-2014 — /EuropaWire/ — Chinese exports will grow by an additional USD300 billion over 2014-15 on the back of higher quality of products, new markets and better access to financing. This is the key finding of the latest research … Read the full press release

KfW-ifo SME Barometer for October 2014: Majority of German SMEs take pessimistic view regarding the business performance in a six-month horizon

SMEs: pessimists prevail Large companies: current situation is deteriorating significantly Weakness threatens to impact domestic economy FRANKFURT, 12-11-2014 — /EuropaWire/ — For the first time since December 2012, the majority of German SMEs take a pessimistic view regarding the business … Read the full press release

UniCredit appointed Mr. Carlo Vivaldi as the Head of Central & Eastern Europe (CEE) Division effective 16th February 2015

MILAN, 12-11-2014 — /EuropaWire/ — During today’s meeting, the Board of Directors of UniCredit has appointed, effective as of 16th February 2015, Mr. Carlo Vivaldi as the Head of Central & Eastern Europe (CEE) Division. In this function Mr. Vivaldi … Read the full press release

BBSRC, five UK Research Councils to fund research and training to tackle diseases that could pass from animals to humans

The Department for International Development (DFID) and the Defence Science and Technology Laboratory (Dstl) partner with four UK Research Councils to fund the Zoonoses and Emerging Livestock Systems (ZELS) programme. 11 projects are funded in 11 developing countries involving 19 … Read the full press release

Finmeccanica – Selex ES to supply Airbus Defence and Space with optical instrument for the climate and environmental monitoring MetOp-SG programme

The contract is related to the supply of an optical instrument for the European space programme MetOp -SG Finmeccanica – Selex ES will make an innovative high performance optical instrument The MetOp – SG programme will allow more accurate meteorological … Read the full press release

Wincor Nixdorf AG generated €2,469 million net sales in fiscal 2013/2014 comparable to the amount reported for the previous financial year

Preliminary results for fiscal 2013/2014 (Sept. 30) Paderborn, Germany, 11-11-2014 — /EuropaWire/ — At €2,469 million, net sales generated by Wincor Nixdorf AG in fiscal 2013/2014 were comparable to the amount reported for the previous financial year. The company recorded … Read the full press release

SKAGEN’s founders to work with its Board of Directors to explore options for a transition in the company’s ownership

Stavanger, Norway, 11-11-2014 — /EuropaWire/ — Following more than twenty years as a successful partner-owned and operated asset manager, SKAGEN is today initiating the next phase of the company`s development. Our continued success will be built upon our existing strengths; … Read the full press release

EQT VI acquires leading global hearing aid manufacturer Siemens Audiology Solutions for an enterprise value of EUR 2.15 billion

EQT VI to acquire Siemens Audiology Solutions, a leading global hearing aid manufacturer, from Siemens AG for an enterprise value of EUR 2.15 billion Strategy is to support management in further accelerating current sales growth by continued investments in product … Read the full press release

EY plans to grow its strategy consulting practice to over 2,500 professionals by 2020, both organically and through continued acquisitions

LONDON, 7-11-2014 — /EuropaWire/ — EY is executing ambitious plans to grow its strategy consulting practice to over 2,500 professionals by 2020, both organically and through continued acquisitions. Its fast-growing consultancy business has made 11 acquisitions across the globe in … Read the full press release

BBVA Research: Spanish economy continues to perform as expected and maintains its growth forecast for 2014 at 1.3%

BBVA Research points out that the Spanish economy continues to perform as expected and maintains its growth forecast for 2014 at 1.3%, although the deteriorating GDP in some European countries could result in GDP growth reaching 2% in 2015 BBVA’s … Read the full press release

BBVA’s Data Processing Center in Tres Cantos (Madrid) awarded the Tier IV Gold Certification of Operational Sustainability from the Uptime Institute

BBVA’s Data Processing Center in Tres Cantos (Madrid) has received the “Tier IV Gold” Certification of Operational Sustainability from the Uptime Institute. Only five organizations in the world have this Certification BILBAO, 7-11-2014 — /EuropaWire/ — BBVA’s Data Processing Center … Read the full press release

Transocean Ltd. announces the schedule for the payment of the third installment of its U.S. dollar-denominated dividend

ZUG, SWITZERLAND, 7-11-2014 — /EuropaWire/ — Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced the schedule for the payment of the third installment of its U.S. dollar-denominated dividend. The installment is $0.75 per share, totaling approximately $272 million based upon the … Read the full press release

Liquidity Alliance to provide worldwide collateral access to ECB’s pan-European settlement platform TARGET2-Securities (T2S) as it goes live between 2015 and 2017

PRESS RELEASE OF THE LIQUIDITY ALLIANCE. MEMBERS: CLEARSTREAM (GERMANY / LUXEMBOURG), CETIP (BRAZIL), ASX (AUSTRALIA), STRATE (SOUTH AFRICA), IBERCLEAR (SPAIN). Liquidity Alliance members will have streamlined access to T2S via their Eurozone peers in Spain and Germany / Just like … Read the full press release

Chinese producer of shoe soles Fenghua SoleTech AG goes public on Frankfurt Stock Exchange with over 10 million shares offered for trade

FRANKFURT, 7-11-2014 — /EuropaWire/ — Fenghua SoleTech AG (ISIN: DE000A13SX89) has been listed in the General Standard of the Frankfurt Stock Exchange since 6 November, offering over 10 million shares for trade. The initial listing price was €10.40; the issue price … Read the full press release

The Co-operative Group completes deal to sell its Sunwin Services Group business to Cardtronics

MANCHESTER, 6-11-2014 — /EuropaWire/ — The Co-operative Group (“the Group”) announces today that it has completed the deal to sell its Sunwin Services Group business to Cardtronics for a total consideration of up to £41.5m*, payable in cash. The Sunwin Services Group … Read the full press release

CACEIS adds execution offering to its Asset Servicing platform allowing it to be the sole counterparty of management companies, banks and institutional investors

PARIS, 6-11-2014 — /EuropaWire/ — CACEIS has developed a range of services allowing it to be the sole counterparty of management companies, banks and institutional investors, from the execution of their orders to the account-keeping/custody of their assets. The Execution … Read the full press release

Zurich Insurance Group successfully closed the sale of its general insurance retail business in Russia to OLMA Group

ZURICH, 5-11-2014 — /EuropaWire/ — Zurich Insurance Group (Zurich) has successfully closed the sale of its general insurance retail business in Russia to OLMA Group. The transaction is a proof-point of Zurich’s 2014-2016 strategy to invest in priority markets, while either … Read the full press release

ING Group plans to appoint KPMG Accountants N.V. as its auditor

Amsterdam, 5-11-2014 — /EuropaWire/ — ING Group will propose to the 2015 Annual General Meeting of Shareholders the appointment of KPMG Accountants N.V. as its auditor. Under Dutch legislation, ING is required to change its auditor as of January 2016. … Read the full press release

ING notified the Dutch State for its intention to make the final repayment of EUR 1,025 million on the core Tier 1 securities on 7 November 2014

Amsterdam, 5-11-2014 — /EuropaWire/ — ING has notified the Dutch State that it intends to make the final repayment of EUR 1,025 million on the core Tier 1 securities on 7 November 2014 – half a year ahead of the … Read the full press release

E.ON to sell its 20% shareholding in the Finnish natural gas company Gasum Oy to the Finnish State

Düsseldorf, 5-11-2014 — /EuropaWire/ — E.ON has today agreed to sell its 20 percent shareholding in the Finnish natural gas company Gasum Oy to the Finnish State. Gasum Oy is engaged in the import, distribution and sale of natural gas … Read the full press release