Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

EBRD and Eximbank of China to promote projects that support sustainable economic infrastructure development from central Europe to central Asia and in the southern and eastern Mediterranean

LONDON, 19-3-2015 — /EuropaWire/ — Parties sign Memorandum of Understanding to co-finance infrastructure projects The European Bank for Reconstruction and Development (EBRD) and the Export-Import Bank of the Republic of China (Eximbank) today agreed to boost their cooperation and co-finance projects … Read the full press release

EBRD to partly finance the working capital of one of the key agricultural commodity importers and supply chain managers in Egypt

LONDON, 19-3-2015 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is providing a US$ 20 million loan, to partly finance the working capital of Medsofts, a family-owned company based in Egypt and one of the key agricultural commodity … Read the full press release

EBRD to raise awareness about the value of external advice for SMEs in Kazakhstan

New campaign on value of external advice for SMEs launched in Almaty LONDON, 19-3-2015 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is raising awareness about the value of external advice for small and medium-sized enterprises (SMEs) at … Read the full press release

EBRD President Sir Suma Chakrabarti is in Taipei to further strengthen the growing EBRD-Taiwanese cooperation and sign MoU with Eximbank

LONDON, 19-3-2015 — /EuropaWire/ — EBRD President Sir Suma Chakrabarti is visiting Taipei on 18 and 19 March where he is meeting the President Ma Ying-jeou, Minister of Foreign Affairs David L. Y. Lin, President and CEO of the Taiwan External Trade … Read the full press release

EUR 1.8 billion in medium-term loans for Ukraine approved by International Trade Committee MEPs by 30 votes to 7, with no abstention

Plans to disburse €1.8 billion in medium-term loans to help Ukraine out of its economic recession were backed by the International Trade Committee on Thursday. The loans will top up financial help from other donors under an economic programme put … Read the full press release

The European Commission introduced package of tax transparency measures to tackle corporate tax avoidance and harmful tax competition in the EU

BRUSSELS, 19-3-2015 — /EuropaWire/ — The European Commission today presented a package of tax transparency measures as part of its ambitious agenda to tackle corporate tax avoidance and harmful tax competition in the EU. A key element of this Tax … Read the full press release

Foundation Scotland: Vattenfall’s Clashindarroch Community Wind Farm Fund calls on local residents and groups to apply for grants

EDINBURGH, 18-3-2015 — /EuropaWire/ — Vattenfall, the owner of Clashindarroch wind farm, is calling on local residents and groups to apply for grants from a major, new investment fund. The Clashindarroch Community Wind Farm Fund, will benefit the four areas served … Read the full press release

Greek industrial group Mytilineos Holdings S.A. announced record-high operational profitability in its 2014 Full-Year Financial Results

FY 2014 Highlights: Fourfold increase of net profit after tax and minority rights to €64.9 million, up from €15.9 million in 2013. Record-high operational profitability (EBITDA) at €253.9 million, up from €225.3 million in 2013. Further decline of net debt … Read the full press release

The Linde Group reports increase of both group operating profit and group revenue in the 2014 financial year despite unfavourable conditions

2014 financial year: Group revenue up 4.5 percent after adjusting for exchange rate effects to EUR 17.047 bn Group operating profit1 of EUR 3.920 bn, up 1.0 percent after adjusting for exchange rate effects Operating cash flow2 increases by 5.0 … Read the full press release

Abengoa Yield to be included in the NASDAQ Clean Edge Green Energy Index effective March 23rd, 2015

SEVILLE, 18-3-2015 — /EuropaWire/ — Abengoa Yield (NASDAQ: ABY), the sustainable total return company that owns a diversified portfolio of contracted assets in the energy and environment sectors, announced today that it will be included in the NASDAQ Clean Edge … Read the full press release

Aberdeen University Students’ Association (AUSA) and University of Aberdeen plan an ambitious £8 million renovation of the existing Butchart Centre

Students at the University of Aberdeen and the Students’ Association are set to benefit from an £8 million redevelopment of its student union building in the heart of the Old Aberdeen campus. ABERDEEN, 17-3-2015 — /EuropaWire/ — Working closely with … Read the full press release

Newcastle University Dr Suzanne Moffatt research shows people affected by the bedroom tax are finding it impossible to manage ever-decreasing incomes

NEWCASTLE, 17-3-2015 — /EuropaWire/ — Communities are being pulled apart by the bedroom tax as people struggle to ‘survive’ its effects, says a leading academic at Newcastle University. Dr Suzanne Moffatt says a new study undermines Government claims that implementing … Read the full press release

Attica Bank S.A. Board of Directors accepted the resignation of its non-executive member Mr. Gikas Manalis

ATHENS, 17-3-2015 — /EuropaWire/ — In accordance with the provisions of decision no. 3/347/12.07.2005 (art. 2, par. 2, section (e)) of the BoD of the Hellenic Capital Market Commission,   Attica Bank S.A. informs investors that its Board of Directors, … Read the full press release

Eni plans to invest 5 billion dollars in Egypt’s oil and gas sector as part of new framework agreement

The Head of Agreement envisages investments of an estimate 5 billion dollars of total value. Sharm el-Sheikh (Egypt), 16-3-2015 — /EuropaWire/ — The Egyptian Minister of Petroleum and Mineral Resources, Sherif Ismail, signed today with Eni’s CEO, Claudio Descalzi, a Head … Read the full press release

Bank of Scotland: UK oil & gas industry survey reveals 92% of companies are planning to grow over the next two years

EDINBURGH, 16-3-2015 — /EuropaWire/ — The UK oil and gas sector is resilient and has plans for future investment and growth, despite the challenges of significantly lower commodity prices and rising production costs. A survey of a broad cross section of … Read the full press release

Barbara Janom Steiner elected as member of The Swiss National Bank’s Bank Council by the Federal Council

Berne/Zurich, 16-3-2015 — /EuropaWire/ — The Swiss National Bank (SNB) today announced that Barbara Janom Steiner has been elected as member of the Bank Council for the remainder of the 2012–2016 term of office by the Federal Council, at its … Read the full press release

Biotie Therapies Corp. announces change in the number of votes relating to its shares

TURKU, 16-3-2015 — /EuropaWire/ — Biotie Therapies Corp. (“Biotie” or the “Company”) has conveyed Biotie shares held as treasury shares, that were issued on 17 December 2014, pursuant to the Equity Incentive Plan 2011 (the “Plan”) as follows: Shares conveyed … Read the full press release

Global facility services company ISS A/S reports organic revenue growth of 2.5% for 2014

COPENHAGEN, 13-3-2015 — /EuropaWire/ — ISS A/S (ISS.CO, ISS DC), a leading global facility services company, announces its financial results for fourth quarter and full year 2014: Financial Highlights Organic revenue growth of 2.5% for the year (2013: 4.3%); 2.7% … Read the full press release

Vienna Insurance Group strengthened its position in the Croatian market with an increase in premium income of 3.4 percent

VIENNA, 12-3-2015 — /EuropaWire/ — Vienna Insurance Group has strengthened its position in the Croatian market, with an increase in premium income of 3.4 percent. Market share grew by 0.7 percentage points to 8.4 percent, bolstering the Group’s position as … Read the full press release

British Safety Council: €570bn from Europe’s GDP lost in 2014 because occupational risks were not properly managed

€570bn from Europe’s GDP was lost in 2014 because occupational risks were not properly managed – be that from healthcare costs, lost productivity or lost earnings, according to two new videos released by the British Safety Council. LONDON, 12-3-2015 — … Read the full press release